From the article
White House spokesman Robert Gibbs told reporters on Friday that Obama will focus on legislation and urge lawmakers to "get something done on an issue of tremendous importance to middle class families.
"For many people credit cards provide an opportunity to finance purchases," Gibbs said. "But we think there's a more equitable way to do that and I think that those reforms are on their way through Congress."
The "equitable way" is to SAVE FOR YOUR PURCHASES! Don't ring up debt you CAN'T pay for and then use money that's borrowed.