Credit Card Bill of Rights

What's up with this stupid credit card bill of rights that just got signed?

What's next? A dine-out bill of rights? A private jet ownership bill of rights? An erotic massage bill of rights?

What gives the government the right to legislate how a sector of business operates? I see nothing wrong with how credit cards operated before. There was nothing deceptive. If you were too stupid to read the fine print, they did you a favor by teaching you a lesson. You won't make the mistake twice.

Now those of us who were smart enough to read the fine print got screwed. Thanks.