I’m the last guy you’ll hear calling for more regulation, but once in a while the government gets it right. The 2010 Credit Card Accountability, Responsibility, and Disclosure Act mandated that credit card issuers produce clearer monthly statements.

Relax, I’m not becoming a big government nanny stater – there was plenty wrong with the bill, too. New restrictions to “protect” consumers from various fees generally lead to one of two things – hiking other fees or protecting consumers from getting credit in the first place (sort of like how Obamacare will ultimately protect patients from seeing doctors).