I wish I could take credit for the Credit Card Revolution. But that is beside the point. When I wrote the blog "Days of Our Fathers" a few weeks ago, I was hoping to start a mini-revolution. I decided that I had taken enough abuse from the credit card companies, and I wasn't going to take it anymore.

The big picture however, went beyond the credit card companies. The real problem that needed correcting was my dependence, indeed, my addiction to using credit. I am not alone either. Americans nationwide are addicted as well. Like the tobacco industry, the credit card companies have gotten us hooked. They have wiggled their way into the fabric of our economy, into the core of our beings. We have been seduced into the "Buy Now, Pay Later" scheme that has grown into a destructive monster more frightful than Godzilla. Cash rewards, mileage plus rewards, free hotel rooms; the pusher man has tricked us, taken advantage of our weakness, fooled us by giving us something for free.

Finally, we have begun to sober up. We aren't going to take it anymore!

It was with great satisfaction that I read the news. Consumer borrowing has plunged! Of course, the Wall Street pundits predicted that the economic slowdown would have a somewhat stifling effect on borrowing, but they didn't anticipate what may become, hopefully, a revolution!

A survey by Reuters predicted that consumer borrowing would decline by an annual rate of $1 billion.

Since January, consumer borrowing has declined by an annual rate of $7.48 billion!

The decline was led by a record drop in consumers borrowing on credit cards, which fell at an annual rate of $7.8 billion, or 9.7%!

So let the credit card companies know, we are taking back our dignity. We won't be cowered by threats of lowered credit limits, or timidly accepting of arbitrarily imposed interest rate hikes. Americans are taking back control of our economic welfare!

The revolution has started! To the credit card pusher man, we say, "We don't need your stinking credit cards!"  America, stand up and fight! Reclaim your freedom to be fiscally solvent, and exercise your right to practice economic discipline. I am doing it, and I hope you will too!

It's time we finally showed the credit companies what the score really is!