Thanks to the producers of this short film for sending it our way.
A 10% cap on credit card and other interest rates...
This report shows that banks made $39 billion in overdraft fees in 2009. That is an all-time record. Let that sink in. You bailed them out and they respond by hiking fees.
Thirty-nine billion.
"It could be the most exciting social movement to come out of the financial crisis: a movement to cap interest rates at 10%. This video captures the birth of the movement -- on July 22nd, when simultaneous rallies in five U.S. cities and London put the biggest banks on notice."
10 minute version...