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To: knighthawk

In the article, the interest rate for the card is 28.x% Bernie and AOC want it capped at 15%.

I suggest that Bernie and AOC make their own credit card company and cap it at 15%.


2 posted on 06/13/2019 11:12:52 PM PDT by 21twelve (!)
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To: 21twelve

These two idiots have no problem taxing everyone to death so how is this any different.

The Keep voting left Bezos and running that propaganda rag.


19 posted on 06/14/2019 2:52:05 AM PDT by CommieCutter ("Trump is god emperor and he will win." -- some hacker)
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To: 21twelve; knighthawk; Liz; V K Lee; HarleyLady27; rlmorel; GOPJ; Grampa Dave; alloysteel; ...
Get the Credit Card you've always wanted -- one with unlimited credit and fully protecting you from default by the financial power of the American taxpayer.

Welcome to the Flash Dunce Credit Card, brought to you by the social justice economic policies and demagogic genius of your heroes: Crazy Bernie and America's Outrageous Con-Artist (AOC).

Modeled after the impressive economic success of nations like Venezuela, Cuba, the Soviet Union, and various Banana Republics, the Card is guaranteed to destroy the American Capitalist system.  It will give everyone free access to the idle trillions of dollars sitting in banks that today are owned by employers earning evil profits, investors guilty of usury, fat-cat millionaires driving Teslas, and selfish Skin-in-the-Game entrepreneurs who are take on financial risks in the hope of benefiting themselves.

How does the Card work?  Simple.  Use the Card to buy all the free stuff you can't afford.  Then pay back only what you want to pay, when you want to pay it -- deducting any Rip-Off interest charges you feel entitled not to pay as a Victim of the American Capitalist System.

Disclaimer: This offer is subject to one restriction: you may use the card only before the entire American economy collapses.

Click pic to see full screen

21 posted on 06/14/2019 4:05:06 AM PDT by poconopundit
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To: 21twelve

What is up with 15 with these people? $15 minimum wage. 15% cap on credit card rates.


33 posted on 06/14/2019 5:50:51 AM PDT by cincinnati65
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To: 21twelve
I ordinarily would be loathe to agree with AOC and Bernie on anything.

BUT....

The concept of usury IS found in the Bible. It was settled law in this country from the beginning of the Republic until the Supreme Court stuck their nose into it in the 70's. I think we can all agree that at some level an interest rate becomes usurious and should be illegal. The debate is just about what the number should be.


35 posted on 06/14/2019 5:56:17 AM PDT by Buckeye McFrog (Patrick Henry would have been an anti-vaxxer.)
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To: 21twelve

You’re right. No one’s being forced by Amazon to re-establish their credit... People with marginal credit can still go to payday loan sharks and pay over 200% interest...

Then again, like you say - Bernie and AOC can open a business and charge people 5% interest knowing half their customers will default... It’s how the two would run the country - into the ground.


44 posted on 06/14/2019 8:21:52 AM PDT by GOPJ (Send Ebola illegals from Congo to Martha's Vineyard - let them kill liberals elites first...)
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