Friday, April 22, 2005

Hey Congress: “Put a Cap on those Interest Rates, Now!

Baltimore Independent Media Center: Hey Congress: “Put a Cap on those Interest Rates, Now!: "The Credit Cartel made a staggering $31.6 billion in profits last year. Rates as high as 29 percent are now legal. Americans are over $800 billion in debt to these predators. Meanwhile, Congress, which received $8 million in donations in 2004 from the Cartel has just passed a new Bankruptcy law to put the squeeze further on consumers. It’s time for Congress to put a reasonale cap on interest payments and to repeal that Bankruptcy law."

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