Each American to receive credit card jointly backed by Goldman Sachs/US govt

Everyone will receive $1,000 credit lines and it will be illegal to refuse. Those who wish more can apply for credit lines up to $300,000. "Traditional credit scores will be considered but we are also willing to look at other factors since there are a number of cases involving extunating circumstances at this time," said Goldman spokesperson David Cohen. Asked about the government's role, Cohen said Goldman was "upbeat," adding that "This is precisely the sort of public-sector private-sector cooperation that will ensure a solid and lasting recovery." The issuance date for the cards has not yet been finalized, but they should arrive in the mail for every citizen over age 15 by June next year: An enormous undertaking. The US Postal Service has pledged to cooperate by delivering the cards for free, and "those without permanent dwellings will also have a chance to benefit," noted Cohen.