The law was passed in 2009 to protect consumers
Using Economics to Pick a Restaurant So economics changed the American louis vuitton outlet diet back then. But how is it continuing to affect what arrives on today's tables? To explore this question, Cowan begins by showing how even the simple act of picking a restaurant can involve one in a rich web of economic practices. She makes the majority of family purchases, has an excellent credit score and has been approved for several cards in the past. But when McCall applied for a Target (TGT) card last fall, she was denied. She blames that denial on a recent Card Act rule. The law was passed in 2009 to protect consumers from unfair and deceptive credit card practices. But some stay-at-home parents argue that a Card Act rule that took effect last October has made it harder for them to get approved for credit cards. Aiming to protect consumers from racking up too much debt, the Federal Reserve now requires credit card issuers to consider individual income from applicants instead of household income. As a result, stay-at-home parents who rely mainly on their louis vuitton handbags on sale spouse's income have a harder time getting approved for credit cards on their own. "I think it's demeaning -- I don't want to ask my husband's permission for a credit card," McCall said. "Just because I don't get a direct paycheck for [my work], doesn't mean it's not worthwhile work that I'm doing." Outraged by the new requirements, McCall created an online petition at Change.org a couple weeks ago and has already received more than 30,000 signatures -- many of which are from other stay-at-home mothers and fathers. "I used to be CEO of a small software consulting business and am now staying at home to take care of a toddler and first grader. If you had to pay someone to do what I do now, it would cost you at least $120,000, which is a lot less than what I used to earn," one stay-at-home mom wrote on the online petition. "BTW, it's a 24x7, not a 40 hour per week job. Don't you think I should be allowed to get a credit card on my own?!" On Tuesday, McCall said she and about half a dozen other petitioners delivered the louis vuitton shoes women signatures in thick binders to the Consumer Financial Protection Bureau in Washington, D.C.