Dear Mr. President

"I've been in the workforce for 43 years. I have been paying taxes since 1966. I am a divorced mother of four, two still trying to get out of college, a cancer survivor still under treatment after 10 years.

I have one credit card, not maxed out, that was at 13% interest. I have always paid at least 150%, if not more, of the required payment, never missed a due date, but it was jumped to 22.9% in November. When I asked to have it reduced back I was told "every person with our credit card has been moved to this, and it cannot be changed."

Consumers will never be able to pay off these debts when they are increased in this manner. As a result, our credit scores are showing our debt never going down. How dare the banks request bailouts on bad business decisions and gambling, and then require the general public to maintain immaculate credit scores!! Who is kidding whom?

What Obama can do is mandate an interest rate cap on all credit cards to a manageable figure (12%?). And not allow credit card companies to retroactively increase APRs. This would be the best news families could receive, other than lowering their mortgage payments.

If everyone is in a hurry to help fix things now, then change the credit card regulations now.

Credit cards help the American public get the car fixed, pay for the child's college, medical bills, the roof that needs repair, the large deductible now required on medical insurance. It's not like we're buying a third home, taking our fifth vacation, or even putting enough in a 401K - which recently tanked." - as told to Amy Haimerl

NEXT: National health plans, foster small business