St. Obama of the DebtorsA planned meeting with credit card companies may not be as constructive as the administration suggests.

Later this week, Obama will assume the role of patron saint of credit card customers when he meets with the credit division executives of 14 major banks. Obama is expected to take a hard line with the companies, joining the chorus of legislators attempting to push broad regulatory bills through Congress that would limit the companies' abilities to impose fees and to tinker with interest rates. What the White House is calling an "outreach meeting" is sounding a lot less friendly given the threat of legislation behind it. Considering the average American household has $9,000 worth of credit card debt, the 'Meter likes the sound of Obama's firm stance (and the coordinated effort with Congress) and tosses him 20 points.