Showing posts with label interest rates consumer loans cradit cards maximum "little people" fees ATM. Show all posts
Showing posts with label interest rates consumer loans cradit cards maximum "little people" fees ATM. Show all posts

Tuesday, October 07, 2008

Cap Interest Rates at 14% for Consumers

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All of the efforts to save the economy are bandaids for the top. We need to help the bottom by establishing a maximum interest rate of 14%, effective immediately, for all existing and future consumer loans. Also cap all bank "fees" to $10/ month, regardless of how many ways the banks figure out to get them. ATM fees to a max of $10 per withdrawal.

By putting money back in the hand of the "little people," the economy will unfreeze. If we don't do this, there will be a depression.