Why Doesn't A Dem Take On The High Interest Credit Card Banking Scam?

[ruggerson]

Seems to me this would be a no brainer. It fits right in with economic populism, which is what our party is supposed to be all about.

And there's no denying the banking industry is literally ripping off Joe American far more than "big government" ever did.

Let's go after "Big Banks." They're anti-freedom, anti-liberty, anti-economic growth and anti-American.

[Castilleja]

1. I would like to see that myself,

also, big insurance.

[OneBlueSky]

2. because the Democrats receive lots of money from banks . . .

I know that Hillary Clinton, for one, generally sides with the banks and the credit card companies . . . she was in favor, for example, of changing bankruptcy law to benefit the credit card issuers . . . this was discussed here some time ago, probably a year or more . . . don't have the link . . .

[doc03]

3. How about the paycheck loan people. They are worse than

organized crime. (2500% or more APR) If you barrow $300 dollars you have to repay $360 on payday. The people that get these loans are the ones trying to get by on $7 an hour jobs or the ones with drinking or gambling problems.

[msgadget]

4. I read that Kerry mentioned it once during the campaign

but, then, he also voted for banks to swallow one another in his home district.

[serryjw]

5. opensecrets.org

Look at Kerry's donation from securities/investment/commercial banking
http://www.opensecrets.org/presidential/indus.asp?id=N00000245&cycle=2004

Would you give up a portion of the $35 million
http://www.opensecrets.org/parties/sector.asp?Cmte=DPC

[FULL_METAL_HAT]

6. Check out PBS Frontline "Secret History of the Credit Card"

You can watch online:
http://www.pbs.org/wgbh/pages/frontline/shows/credit/

VERY sickening.

[bvar22]

7. Because the DLC is in on the scam!

Check OpenSecrets for contributions from MBNA to the DLC member of your choice.

[InvisibleBallots]

8. great idea

we all wish some Democrat would do this. don't hold your breath.