In an article titled "The End of Credit Card Consumerism", Kimberly Palmer writes for US News & World Report: "A sharp slowdown, record-high gas prices, high consumer debt levels, a plunging real estate market, and the growing green movement all seem to be conspiring to dethrone King Consumer and transform the economy and the American way of life for years to come."

Earlier this week in an editorial titled "Listen to the 56,000", the New York Times said: "Federal Reserve should swiftly adopt its proposed rules against unfair or deceptive credit card practices. But the real burden to curb these abuses falls on Congress."

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