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« Harry Markopolos: "The Only Job I Would Take At The SEC Is Chairman" (VIDEO) | Main | Blumenthal Sues Rating Agencies Over Subprime (VIDEO) »
Thursday
Mar112010

Unlimited Credit Card Interest Rates (VIDEO)

Video:  Why do credit unions have an interest rate cap of 18% but banks have no limit?

 

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Reader Comments (6)

I bet If Corker and Dodds push for the FED to house and run the Consumer Financial Protection Agency succeeds They'll be able to raise their rates to 80 or 100%. We got to keep the poor folk poor and the rich folks rich. It' the American way.
Mar 11, 2010 at 5:07 PM | Unregistered CommenterSagebrush
There are more "rewards" awaiting the American people for being extorted investors in the great banking fiasco, give it time... All will be revealed...
Mar 11, 2010 at 5:31 PM | Unregistered CommenterS. Gompers
sage...there is news tonight on the reform bill..it's on the front page...
Mar 11, 2010 at 8:13 PM | Registered CommenterDailyBail
”Goldman Sachs and the other houses of treason need to be pulverized, traitor maggot scum bankers.”

That’s the first step to turning things around — to “get mad!” (as Howard Beale put it).

The second step is asking the question: “What must We the People DO to fix this mess?”

Wall Street Lobbyists Spend $400 Million to Kill Financial Reforms & Destroy America
March 12, 2010
http://wallstreetwarzone.com/wall-street-lobbyists-spending-megabucks-400-million-to-kill-financial-reforms-screw-america-again-yes-theyre-winning-the-war/
Mar 12, 2010 at 4:08 PM | Unregistered CommenterKen
The Video That Will Put Geithner Behind Bars
The NY Fed, and likely Geithner himself, undermined, perhaps even violated, laws designed to protect investors and markets.
March 13, 2010 |
Photo Credit: White House

You gotta see this! If this doesn't convince you that Timothy Geithner knew about the securities shenanigans that were going on at Lehman, than I don't know what will.

Keep in mind, that Geithner ran Lehman through 3 "stress tests" prior to bankruptcy; all of which Lehman failed, and yet, nothing was done. Anton R. Valukas--the examiner who wrote the 2,200 page investigative-report which was released on Thursday-- has provided plenty of information detailing Lehman's “materially misleading” accounting and “actionable balance sheet manipulation.”

In other words, they cooked the books.
http://www.alternet.org/economy/146026/the_video_that_will_put_geithner_behind_bars_
Mar 14, 2010 at 1:53 PM | Unregistered CommenterKen
USA bamboozled Generation
Revolt and refuse to be DEBT SLAVES

http://www.msnbc.msn.com/id/21134540/vp/35841681#35841681
Mar 14, 2010 at 5:18 PM | Unregistered CommenterKen

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