The average American family today carries 10 credit cards. Credit card debt and personal bankruptcies are now at an all time high, and credit cards have become the most profitable sector of the American banking industry: more than $30 billion in profits last year alone.  FRONTLINE examines how the credit card industry became so pervasive, so lucrative, and so powerful.

[googlevideo]http://video.google.com/videoplay?docid=-9048007397539880204#[/googlevideo]

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Writer, editor, and founder of FEELguide. I have written over 5,000 articles covering many topics including: travel, design, movies, music, politics, psychology, neuroscience, business, religion and spirituality, philosophy, pop culture, the universe, and so much more. I also work as an illustrator and set designer in the movie industry, and you can see all of my drawings at http://www.unifiedfeel.com.

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