Don Boudreaux writes at Cafe Hayek about the "frozen credit markets" which sent his eleven-year-old son a credit card offer (here). He writes:
All those scary stories from the Congressmen and Congresswomen should be told around the campfire, not in the legislature while they're grabbing at taxpayer money.Thomas is eleven. And while his credit is pretty good with his mother and me, I'm very impressed that he's managed to establish his credit creds so firmly with a company that, if there's truth in today's told tale, has scant amounts money to lend.
In looking over this offer of credit to my pre-pubescent son, I see that Thomas Macaulay Boudreaux's qualifications for this generous offer seem to be the fact that he has a mailing address and a frequent-flyer number with a major airline.
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