That Time Obama’s Credit Card Was Declined
Credit card fraud has become a large problem, but there are measures being taken to stop it. This one is a federal order. The Hill reports, “Obama on Friday is signing an executive order to move the government towards more secure payment cards, a measure designed to help fight the recent rash of data breaches at high profile businesses.” In announcing it, however, he recounted some credit card troubles of his own – his card was declined while dining in New York recently. “Turns out, I guess I don’t use it enough, so they thought there was some fraud going on,” he joked. Oh, there’s some fraud going on, alright. “Fortunately Michelle had hers,” he added. “But I was trying to explain to the waitress: ‘You know, I really think that I’ve been paying my bills.’” Actually, no, he hasn’t been “paying his bills” – that’s why the nation’s credit card is so far over its limit.
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- debt