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Reply #18: We used to have usury laws [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
notesdev Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-20-09 05:25 PM
Response to Reply #7
18. We used to have usury laws
http://www.affil.org/consumer_rsc/usury.php

Note the time when the wheels came off... same time as the income tax and Federal Reserve Act.

This was all planned.
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  -Credit card being offered to people with bad or no credit at 79.99% interest rate PinkOwl  Oct-20-09 04:20 PM   #0 
  - "Guido" will front you for 50%.  MNDemNY   Oct-20-09 04:22 PM   #1 
  - I've always been loyal to Frenchy, myself  KamaAina   Oct-20-09 04:39 PM   #10 
  - Hey, you sort of stole what I was going to say. Sounds like  JimWis   Oct-20-09 04:47 PM   #13 
  - Hang on to your kneecaps! -nt  Terry in Austin   Oct-20-09 04:58 PM   #16 
  - This has got to be a joke,right? Right?  virgogal   Oct-20-09 04:23 PM   #2 
  - Glad to see OUR money  Horse with no Name   Oct-20-09 04:23 PM   #3 
  - Why that? Why not just round off at 100%?  damntexdem   Oct-20-09 04:24 PM   #4 
  - I didn't realize "Cash Express" offered credit cards  Sabriel   Oct-20-09 04:24 PM   #5 
  - And if you don't pay it back on time, they send someone over  RoccoR5955   Oct-20-09 04:27 PM   #6 
  - See, Congress was right not to institute usury laws capping interest  DJ13   Oct-20-09 04:27 PM   #7 
  - We used to have usury laws  notesdev   Oct-20-09 05:25 PM   #18 
  - The mob was persecuted for that. But the bankers get away with it. nt  rhett o rick   Oct-20-09 04:35 PM   #8 
  - prosecuted.  MNDemNY   Oct-20-09 04:41 PM   #11 
     - I admit I am pushing it, but the mob was under constant attack by the law for some of the  rhett o rick   Oct-20-09 04:51 PM   #14 
        - true.  MNDemNY   Oct-20-09 04:52 PM   #15 
  - Heinous  the blues   Oct-20-09 04:38 PM   #9 
  - I've gotten several offers for that extremely high interest rate card.  SeattleGirl   Oct-20-09 04:41 PM   #12 
  - This same bank (First Premier) had to pay millions in a lawsuit in 2007  PinkOwl   Oct-20-09 08:34 PM   #19 
  - usury, eh?  Deja Q   Oct-20-09 04:59 PM   #17 
  - Are we approaching the stage where we'll be eating each other  aint_no_life_nowhere   Oct-20-09 08:39 PM   #20 
  - Ain't unregulated free enterprise wonderful?  Liberal In Texas   Oct-20-09 08:49 PM   #21 
  - A country that allows this to happen to its citizens is a country in need of a revolution.  marmar   Oct-20-09 08:51 PM   #22 
  - Simple solution:  MercutioATC   Oct-21-09 01:29 AM   #23 
  - That's financial rape of the highest order.  Jkid   Oct-21-09 01:48 AM   #24 
 

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