An article in today's WSJ made me laugh. The company that issues Discover Card plastic now has to refund a boatload of money for bullshit services it sold to cardholders. Yeah, I remember Discover. It was my first credit card -- got it in 1987 while I was still in college (which already tells you a lot about the company). Canceled it a few years ago.

I loved the quote from the head of Discover today. Explaining the $200 million ding to cash-flow, he simply said: “We have worked hard to earn the loyalty of our cardmembers, and we are committed to marketing our products responsibly."

It's like he had his secretary run down to the basement to fetch him one of the scripts their telemarketers use!

Not as humorous is how government bureaucrats will get to bathe themselves in some of what Discover will now disgorge. They are blood-suckers just as much as Discover. What should have happened to Discover is this: they offer bullshit services to the customers and their customers respond by saying... go to hell.

It's not hard. I did it.