Bailout Tax Credit for Credit Card Interest

What is a "bailout" but an agreement between parties to shift a few numbers across the page? Wouldn't you feel better if you believed a specific number of your tax dollars were being used to fund specific bank-saving programs? The numbers have to come from somewhere. Either they get moved around within existing amounts or else new ones have to be printed. We are them. We know that we're all going to have to share in the effort required to put it back together again. You have a feeling about the obligation to repay your credit card debt that is different from the feeling you have about your obligation to pay your income taxes. All it takes, really, is to approve a few changes to our tax returns. Make a note of credit card interest paid, to specific lenders if necessary, and give that number a greater tax advantage. It's not money that's actually coming out of your pocket so much as it's credit for the bank having taken it out. Government regulation will require the banks to show that they have been spreading, or spending the moneys under their care responsibly.