With the recent turn in the economy; banks and credit card companies have been careful about who they approve and lend to. With the cut back in lending everybody from the big corporations to the newleyweds starting thier family everyone feels the pinch. Let me rewind it back to the good times. I remember when i was 16 yrs. old and I got my first bank account. i would cash some of my check and deposit the rest. When I turned 18 got my first debit card with a Visa logo, that logo changed it all for me. One year later i applied for a credit card and got approved for a platinum with a $6500 limit. Here i was 19 years old and working at Taco Bell with a platinum card. From there i got approved for everything from American Express and Macys all before I was 21. Also during that time the internet was on the rise and the economy was booming. Banks and credit card companies were eager to lend to people trying to get build on thier future whether starting a businesses or purchasing a piece of thier dream. Fast forward to 2010 and the situation has changed. Where trying to climb out of the worst economic conditions since the depression. All those businesses that were started during the boom no longer exist. Since jobs were cut, homes had to be sold for less than the original purchase price. All the lending slows dramatically. For people trying to establish and reestablish credit were not getting the oppurtunity. With President Obamas recent Stimulus Package proposal, he plans on spending more on infrastructure and tax breaks for businesses who hire; which inturn will lower the unemployment rate, which is currently at 9.6 percent. For those fortunate enough to purchase homes in these times they are able to take advantage of the lowest mortgage rates in years. Here I am 10 yrs. later and trying to reestablish my credit from several years of mismanagement. I just got approved for my first credit card in years and Im not cheating myself out of a second chance to purchase a piece of my dream;especially in these times.