You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #8: Congress should have halted their egregious interest rate raising. Yet they sat on their hands. [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion: Presidency Donate to DU
flpoljunkie Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-05-10 08:05 AM
Response to Reply #6
8. Congress should have halted their egregious interest rate raising. Yet they sat on their hands.
What Congress really need to do is bring back the usury laws--at least make commercial and investment banks abide by the 15% credit unions are allowed to charge--16% in special cases.

Standing up for the people and for what's right and fair would go a long way to get them reelected in 2010, but I am not holding my breath. They are too beholden to the campaign funds they receive from the banking and finance industries and the lobbyists who bundle campaign cash for them.

Why is it that Dick Durbin has only FIVE co-sponsors for his bill, S.752, the Fair Elections Now Act, public financing of federal campaigns. They do not want a level playing field.

We could ameliorate this greatly if we spoke up and voted in greater numbers, but, alas, we don't--to our great detriment.
Printer Friendly | Permalink |  | Top
 

Home » Discuss » General Discussion: Presidency Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC