Target Corporation forced me to make a decision. Unfortunately, they decided to fund (thanks to the Citizens United case) a Republican candidate for governor in Minnesota with policies that would continue the disastrous direction our current Republican governor has been destructively pursuing for years now. So, now I have to cut up my Target credit card, and change my shopping habits. This is made additionally difficult since I had years ago sworn off Walmart, and now I have to add Target to the list of places at which not to shop. Of course, I realized that Target wasn't probably a friend to our democracy prior to this, but this was the proverbial straw. I also had to look into a responsible credit card. It wasn't easy. But, I found the following article from GreenAmericaToday.org which helped me quite a bit. Contact Target, and let them know what you think (and let them know if you're taking your business elsewhere).
Discover responsible credit card options and alternatives to the mega-banks.
One question we get often from Real Green readers is: Which credit card is the most socially Credit Card responsible?
We’re happy to tell you that a few responsible banks and credit unions are offering credit cards that can be a force for change. We’ll walk you through the options so you’ll know which credit cards to avoid and which will work best for you and for the planet.
About the Mega-Banks
Many credit cards, especially those whose offers arrive most frequently in your mailbox, are issued through corporate mega-banks such as Citibank. The problem with these banks is that they may be using your fees and the interest you pay on your credit card balances to fund projects that aren’t in line with your values. For example:
1. Harming the Earth: Several mega-banks have been targeted by activists concerning environmentally destructive projects they’re funding.
Better mega-banks: After a prolonged campaign spearheaded by Rainforest Action Network (RAN), JP Morgan Chase (owns Chase and Bank One), Bank of America, and Citibank adopted a new lending policy last spring that addresses global warming and deforestation, and recognizes the rights of indigenous nations.
Worst performers: Currently, RAN is poised to launch another campaign targeting other mega-banks that haven’t adopted the policy, including Wachovia, Wells Fargo, Merrill Lynch, Morgan Stanley (owns Discover), and Credit Suisse First Boston. RAN is also separately targeting Wells Fargo for financing illegal logging in Indonesia and Credit Suisse First Boston for funding an environmentally destructive Shell oil pipeline project on Russia’s Sakhalin Island. The pipelines are likely decimate the island’s fishing industry, which is the sole means of income for many locals. They could also damage habitat of the endangered western grey whale. Visit www.ran.org for more information.
2. Political funding: Many mega-banks make large political donations to parties and causes that may be in opposition to your views.
Balanced donors: Of the mega-banks on which data is available, JP Morgan Chase’s political contributions were the most balanced between Republicans and Democrats.
Democratic donors: Washington Mutual’s contributions were weighted toward Democrats.
Republican donors: Bank of America, Capital One, MBNA, Citigroup, Morgan Stanley (Discover), USAA, Wachovia, and Wells Fargo all have made hefty contributions to Republicans. To find out more, visit the Center for Responsive Politics’ www.opensecrets.org, or BuyBlue.org, which puts data from the Center and other sources into easy-to-read tables.
3. Predatory lending: Predatory lending is a fast-growing practice in which financial institutions use high fees, exorbitant costs, and other unscrupulous lending practices to take advantage of targeted groups—often the elderly, students, and low-income people. In the case of credit cards, banks may market cards to these groups that “contain hidden transfer charges, exorbitant late fees, and exploding interest rates,” according to the Center for Responsible Lending (CRL).

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