Sanders, Ocasio-Cortez unveil plan to cap credit card rates


>>WHAT ALEXANDRIA AND I ARE PROPOSING IN OUR LEGISLATION IS NOT COMPLICATED T TAKES US BACK WHERE WE WERE IN A NUMBER YEARS AGO. THAT NO BANK IN THIS COUNTRY SHOULD HAVE CREDIT CARD INTEREST RATES OVER 15%. BRINGING BACK THE CONCEPT OF USURY LAWS WHERE PEOPLE CANNOT TRY, WHERE BANKS CANNOT TRY TO GET BLOOD OUT AFTER STONE. DAVID: 2020 PRESIDENTIAL CANDIDATE, SENATOR BERNIE SANDERS KEEPING UP WITH CONGRESSWOMAN ALEXANDRIA OCASIO-CORTEZ ON A NEW BILL THEY SAY PROTECTS CONSUMERS AND CHALLENGES WALL STREET GREED BY CAPPING INTEREST RATES ON CREDIT CARD LOANS AT 15%. NOW WITH DEFAULT RATES ON CREDIT CARD DEBT AT LESS HALF WHAT THEY WERE ABOUT 10 YEARS AGO IS SUCH A MEASURE REALLY NECESSARY? WHAT DO YOU THINK?>>WELL IT IS DESTRUCTIVE, DAVID. PRICES ARE NOT ARBITRARY. THEY DON’T PICK THEM OUT OF A HAT, WAGES, COMMODITY PRICES AND INTEREST RATES AS WELL. THEY’RE NOT DETERMINED BY FEELINGS OR WHATEVER BERNIE SANDERS THINKS OF THEM. THEY ARE DETERMINED BY ECONOMICS. HIGH RATES OF CREDIT CARDS ARE HIGH BECAUSE OF THE RISK OF GIVING PEOPLE UNSECURED LOANS. A LOT OF THOSE PEOPLE IN FACT DON’T PAY THOSE LOANS BACK. SO CREDIT CARDS, IF YOU PAY THEM BACK ARE ACTUALLY A GREAT DEAL. THESE TYPES HAVE CONTINUED. INTERVENTIONS IN THE FREE MARKET ONLY RESULT IN LESS CREDIT AVAILABLE FOR EVERYONE DOWN THE LINE.>>WHAT ABOUT THE FACT THERE IS A CAP RATE FOR CREDIT UNIONS AT 18%? WHY ARE THEY HELD SEPARATELY COMPARED TO BANKS? IF WE TALK ABOUT JUST THE AMOUNT OF PEOPLE THAT DON’T EVEN HAVE ACCESS TO CREDIT CARDS IN THE FIRST PLACE, IF THIS RULE WERE TO GO INTO PLACE WOULD PROVIDE 30,000 POST OFFICES WITH THE OPTION TO PROVIDE CREDIT CARD RATES OR CREDIT CARDS IN GENERAL TO LOWER INCOME PEOPLE THAT WOULDN’T NORMALLY QUALIFY? DON’T YOU WANT THESE PEOPLE TO GO OUT THERE GIVE THEIR BUSINESS –>>POST OFFICE NOW GETTING, POST OFFICE NOW OFFERING CREDIT CARDS.>>THEY NEED TO SURVIVE SOMEHOW, RIGHT OR ELSE THEY WILL GO UNDER. WHY DON’T WE GIVE THEM ANOTHER AVENUE.>>THEY CAN’T EVEN PAY BACK THE LOANS THEY HAVE ALREADY TAKEN OUT, KRISTINA. THAT IS THE WHOLE POINT.>>ACTUALLY ONE OF THE REASONS WE HAVE THIS SEEMING DISPARITY BETWEEN BORROWING COSTS AND BANKS AND CHARGES ON CREDIT CARDS IS BECAUSE CONGRESS IN THEIR WISDOM PASSED A LAW, THE CREDIT CARD ACT IN 2009, WHICH BASICALLY SAID YOU COULDN’T RAISE INTEREST RATES ON EXISTING BORROWING. SO WHAT DID THE CREDIT CARD COMPANIES DO? THEY HIKED THE RATES ON FRONT END OF THE LOAN TO MAKE SURE THEY WERE NOT GOING TO GET CAUGHT OUT IF INTEREST RATES CAN GO OUT. YOU CAN THANK THE GOVERNMENT FOR ONCE AGAIN SCREWING UP THE MARKETPLACE. THIS IS TRUE. AND THAT IS WHERE THIS BIG DIVIDE BETWEEN BORROWING COST AND CREDIT CARD RATES BEGAN. JONATHAN IS RIGHT, CENTRAL REASON WHY THE RATES ARE SO HIGH BECAUSE PEOPLE DEFAULT. NO, CREDIT CARD COMPANIES MOSTLY.>>I’M NOT HERE TO DEFEND CREDIT CARDS. IT TAKES SUPERMAN’S VISION TO SEE THE LITTLE LETTERS AT BOTTOM OF STATEMENT BECAUSE YOU DON’T KNOW WHAT THE HECK IT SAYS. WHAT I AM HERE TO DEFEND ARE FREE MARKETS AND FREE FOR BUSINESSES TO WITH AS THEY DO IN THE RULE OF LAW AND AGAINST TWO PEOPLE THAT SHOULDN’T EVEN BE RUNNING A LEMONADE STAND. YOU HAVE ONE PERSON THAT STOPPED AMAZON FROM BRINGING 40 TO 50,000 JOBS TO LONG ISLAND CITY AND ANOTHER ONE THAT IS PROPOSED EVERY TAX AND TAKING –>>GETTING OFF TOPIC THOUGH, GARY.>>ENOUGH IS ENOUGH. DAVID: I DON’T THINK IT IS ENTIRELY OFF TOPIC.>>WE’RE TALKING ABOUT CREDIT CARDS. DAVID: WE’RE TALKING UP ABOUT TEAMING OF UP BERNIE AND AOC. THEY BELIEVE IN SOCIALISM. THEY DON’T BELIEVE IN CAPITALISM. THEY HAVE BEEN HONEST ABOUT THAT. IF YOU DON’T BELIEVE IN CAPITALISM, YOU DON’T BELIEVE IN SUPPLY AND DEMAND. AS JONATHAN IS SAYING THERE IS REASON WHY INTEREST RATES ARE FIXED AT A PARTICULAR POINT AND MOVE BASED ON WHAT HAPPENS TO THE MARKETS. IT IS INVOLVES RISK AN CALCULATIONS IF YOU TRY TO ARTIFICIALLY STEM THAT AT SOME POINT WHICH HAS NO RELATION WHAT THE MARKET IS TAG YOU WILL HAVE CHAOS.>>DAVID, IMAGINE IF THEY WERE, IMAGINE IF THEY WERE ACTUALLY ABLE TO PUT IN LEGISLATION ON ALL THE THINGS THEY WANT TO DO? DAVID: OH, BOY. DISNEYLAND.>>THE ECONOMY WOULD HEAD SOUTH, COST WAS GO UP. YOU KNOW WHAT WILL GO INTO THE CRAPPER, IT IS SIMPLE AS THAT THAT IS ALL I’M TALKING ABOUT HERE. WE CAN SIT HERE TALK CREDIT CARDS FROM NOW TO NEW YEAR’S. MY PAIN POINT, BUSINESS LEAVE THEM ALONE. WE DON’T NEED THESE PEOPLE.>>GARY, QUICK QUESTION, DON’T SOME BANKS OR FINANCIAL INSTITUTIONS PROVIDING CARDS WORKING TOGETHER SO THE RATES CONTINUE TO BE HIGH.>>OH, MY GOSH, NO.>>THEY COULD INCREASE ANNUAL APR RATE ANYTIME THEY LIKE. 26% AND HIGHER.>>ONE OF THE REASONS — DAVID: HOLD ON GUYS.>>ONE OF THE REASON RATES ARE SO HIGH ALSO BECAUSE COMPETITION IS SO FIERCE IN THE CREDIT CARD INDUSTRY THAT THEY HAVE ALL UPPED REWARDS. THE REWARD COSTS HAVE GONE THROUGH THE ROOF. SO ONE OF THE REASONS, SERIOUSLY, IS COMPETITIVE COSTS. SO –>>YOU DON’T, IF YOU DON’T WANT TO PAY HIGH INTEREST RATES, PAY YOUR CREDIT CARD ON TIME.>>THANK YOU.>>WE ALL AGREE.>>DON’T EVEN BORROW.>>PERSONAL RESPONSIBILITY IS KIND OF LIKE, OH, YEAH, TOTALLY FORGOT ABOUT THAT, PERSONAL RESPONSIBILITY. THAT IS THE METHOD THE CONGRESSPEOPLE — DAVID: FOR THE RECORD 38% OF AMERICAN HOUSEHOLDS HAVE CREDIT CARD DEBT. IT’S A MINORITY. IT’S A BIG NINE NORTH BUT IT’S A

100 comments on “Sanders, Ocasio-Cortez unveil plan to cap credit card rates”

  1. milomilo says:

    Like omgawd grampa.
    Actually rumor is they are "doing it" …of course only until he loses💔

  2. Becky Guillory says:

    Good luck with that! I will make a bet now! AOC will be Bernie’s running mate.

  3. Non Ya says:

    Congress paved the way for the creation of the subprime lending industry in the 1980s with two obscure but significant banking laws, both sponsored by Fernand St. Germain, a fourteen-term Democratic representative from Rhode Island.

    The Depository Institutions Deregulation and Monetary Control Act of 1980 was enthusiastically endorsed by then-President Jimmy Carter. The act, passed in a time of high inflation and declining savings, made significant changes to the financial system and included a clause effectively barring states from limiting mortgage interest rates. As the subprime lending industry took off 20 years later, the act allowed lenders to charge 20, 40, even 60 percent interest on mortgages………….ouch thats gotta sting the Democrats

  4. audiotomb says:

    something AOC and Bernie might actually have a good idea about. But if that's the case raise the interest rates so those who actually save and pay there bills and don't go into debt get rewarded for saving

  5. Jeff Moors says:

    aoc let sanders do all the talking, you might say something STUPID

  6. Shannon Clark says:

    LOL. HAAHaHa

  7. Carol McSwain says:

    These people are crazy! Who the heck do they think they are?! So it’s all right for Bernie and AOC to be rich, they just don’t want business owner to become too wealthy?

  8. Red Poppy says:

    Not interested in these Sanders/Ocasio involved in any bills, laws, regulations. 15% is high also.

  9. Red Poppy says:

    This guy ?Jonathan defends credit card companies but blasts Milo Yiannopoulos.

  10. Alicia says:

    AOC trying to fix up her high debt and low credit scores.

  11. Mark Jones says:

    In that wonderful Bernie Sanders has joined up with an Islamic terrorist and that great now he's brought Isis into our Congress and Isis is voting on stuff for the country in the United States and that great isn't that great we have Isis in Congress

  12. Cashmere Onetofive says:

    I am a Trump supporter, I hope he will see that this will help America even if commie Sanders an the town idiot endorse it.

  13. me myself and i says:

    What a fukn joke this is what they are coming with???

  14. Sharralynn Pierce Woolworth says:

    I actually Agree with this!

  15. m7kings says:

    THESE PUNDITS ARE SHILLING HARD FOR THE MONEY

  16. mochacream says:

    Look at all that money Deutsche bank loaned to Trump. Worse than I am at paying debt, yet they kept shoveling him money.

  17. jimbones155 says:

    So, fewer people will be given credit, and the payments will increase. Everything the Dems try and fix by government decree causes more problems.

  18. Man Lee says:

    Why are Americans so dumb? If these 5 fkkkers represent the USA, America is fkkked.

  19. Mary Czarnik says:

    Illegals get freebies as soon as they cross for 18+ yrs, Obamacare = free babies = more freebies. AOC wants the Americans to live on credit cards debt. Why not tell the American people buy what you can afford. Credit cards are not a way of living no matter what the interest rate is. Pay it off every month and then there is no problem.

  20. color Sgt pennywhistlepete says:

    These two need to be euthanized.

  21. g bridgman says:

    By all means let's have government tell businesses how to operate.

  22. Steven Lynch says:

    I think she can be a mechanized weapon, we can change climate, but there are other countries far more polluted than America, how about use her as an negotiator, we send to other countries to try to get them to clean up their act, she is young, she is vibrant, she can do it mr. Trump

  23. Badr Maghrani says:

    So Fox thinks its a smart move to stick up for the banks?

  24. Dan Bogardo says:

    Don’t have to be president to pass a law like that. He’s been a senator for 30 years and never proposed a bill like this.

  25. capitan von chicken pants says:

    I Don't have a credit card, cut mine up twenty years ago never missed it, when I phoned to cancel it l was accused of putting people out of work!, Why borrow money you can't pay back, they're ok if you pay them off at the end of the month, but the banks don't want you to,

  26. Mr Pool Player says:

    AOC & Bernie, is a real Pair to draw to… HaHaHaHaHaHa, that is if you want to lose everything we've gained.. It's hard to believe these two knuckleheads consider themselves as leaders. They are no more than a couple of Carnie Barkers, that are loose on the street. Two Pukes in a Pod…

  27. Brian Swezey says:

    Bernie sucking off of the backs of the WORKING TAXPAYERS and now his little sheep is gonna fill his shoes . Two braindead LOSERS

  28. Brian Swezey says:

    So many STUPID people in America, the land of …..I gotta have it………LOL…..no matter the cost. And then blame someone else when you cant afford it no more.

  29. F. Jeff Begin says:

    Keep promising the world fools. Anything to stay at the trough!

  30. Jean says:

    Oh….what a good plan to help the American people….let's help them get more in debt. If people pay their bills like they should, they would never pay such high interest rates to begin with.

  31. Jose Be says:

    ignorant if you dont like the interest don't take the credit…duhhhhhhhhhhhhhh

  32. Susan B says:

    Will they cap the federal government's usury interest rates on student loans? Young people are slaves to the federal government.

  33. Flatus Antiquitous says:

    The people that have those high rate cards are the ones who are not credit worthy enough to get a better rate. By setting a ceiling you will only be forcing the banks to deny more people with poor credit the option of having credit card, because the risk isn’t worth the reward to the bank. These poor-credit-risk people’s only choices will be to get a prepaid card, which isn’t credit at all, or going to a loan shark. Is that what the socialists want to accomplish?

  34. Ed Eastwood says:

    for once I agree with AOC.

  35. Bobbycat1231 says:

    The Democrats continue to prove that they have no regard for the poorest and most vulnerable. By limiting interest rates, they will only limit credit availability to the poor. As usual, every single economic related law and regulation the Democrats pass winds up hurting the poor. Democrats should be made to go to school, or be locked up. Either one would be fine with me.

  36. John Gooch says:

    bad idea, keep the goverment out of the free market or it's no longer a free markets. credit cards with high interest rates will lose business to cards with low interest rates. that's how the free market works. even better, pay your card balance in full each month and never pay interest.

  37. Oral Abihai says:

    "OLD NEWS. BERNIE"…AND , "ANOTHER ON CRACK!" ..SPEW-LLUER..TOGETHER. CHECK THEIR TAXES..

  38. Voice of knowledge says:

    It's the 1st thing that either of those liberal nutcase have said that America can agree with. It sure took them long enough!

  39. Mark Rogers says:

    the3 two socialist pushing nit wits wasting time on credit card nothing burger,while there is a crisis of epic perportion at the border,do nothing democrats don't care our country is being invadedm

  40. txt says:

    Think before you borrow.

  41. C P says:

    Good for AOC and Sanders. Looking out for Americans.

  42. Jose Mendoza says:

    When they called Bernie and AOC socialists, I facepalmed. Socialism involved nationalization of many major industries, price controls, publically owned businesses, as a requirement and etc. The concept of capitalism means capital which is money. Socialism still has money. Socialism is still a form of capitalism, just way more restrained in what can happen in an economy. Communism is the only different thing in the left. But we have corporatism, which is unregulated capitalism. It shouldn’t even be considered normal capitalism as a free market doesn’t exist under what we have now. You can start a business, but you can’t compete against big corporations. A true free market would exist under at the very least a mixed economy. Or else, the winner takes all is what happens.

  43. David Norris says:

    My uncle was a loan shark. Not in the "I will break your legs mode" but in the mode "if you don't pay me back, I will get the word out and you won't get any more loans". He would go to his plant on Friday with a wad of bills and loan them out. He would record it in his black book. You would get $50 and pay him back next week, on payday, $55. And, every week he made a couple of hundred bucks profit on this (like I said it was a long time ago). And, by the way, it was a profit never taxed.

    He liked usery laws. It just game him more business. So, pass all the laws you want. All you are going to do is push the loan business into the underground economy.

  44. christopher Lucy says:

    The answer is no the answer is always no to you 2 it's 2 big a risk so the answer is no!did I say No I meant No..🐂💩!

  45. christopher Lucy says:

    Id like to have a Law to protect me from politicians especially socialists and Communists ones an apartheid!

  46. christopher Lucy says:

    If you don't have a garbage disposal does that mean you don't have any garbage to dispose of? No we have Bernie Sanders and AOC the woman named after a brutal Spanish conqueror. Bernie WHY WASN'T YOUR WIFE CHARGED WITH HARMING A BANK WHEN SHE OBTAINED A LOAN WITH FALSE INFORMATION FOR A FAILING COLLEGE..???

  47. Eva Ramsey says:

    Fox News is seriously tone deaf

  48. Dman D. says:

    That way you’ll have more money to pay the taxes they wanna hit us with!!

  49. Dman D. says:

    Bernie has a new puppet he’s trying to mentor of fing great!!

  50. Scout Dog says:

    Cut the card and then you don't need a cap limit?

  51. Michael Hensley says:

    If you want to manage the banks credit card policies, then you must also take on the responsibility for potential bad loans. Do you want the government to take on securing credit card loans? You can't have it both ways!

  52. Sonny Kelley says:

    The plan the people should have is to de-capitate , Sanders & Cortezs heads

  53. SUZY QUE says:

    Now what the credit card rate is what 23% to 29% I don't have charge cards I learned my lesson notice how they're all having a conversation between themselves lol they're leaving Bernie and Cortez out Bernie's just dying to get his voice in there LOL

  54. sean ausome says:

    . Democrats have lost thier minds. What ever happened to getting out of debt.

  55. Lawney Malbrough says:

    The risk of unsecured loans? What a laugh! If they didn't loan money to peiple who can't pay it back there would be no risk. They got greedy. They took a chance and if they lose they lose. No more bailouts!

  56. David Whitehead says:

    Wow Fox are just propoganda

  57. Jerry Whidby says:

    I do hate that credit is established by getting yourself into debt. I would trust someone more who never got into debt in the first place.

  58. Liza Tanzawa says:

    Got my popcorn, ready to see the FOX pundits' heads explode! Hope you all got a good price for your souls! And seriously, lose the poop-eating grins and screaming interruptions.

  59. trader025 says:

    Use bankrate – I mean who the hell pays 15% LOL …. I go for 0% intro cards or cards that pay me points. If the rate jumps I dump them and get a diff card. Citi asked me why I was leaving them last year LOL – because the rate changed LOL

  60. Arianna Mary Jane says:

    try his new canvassing app at app. berniesanders . c o m no spaces
    its amazing getting updates regularly and coming soon to mobile stores

  61. Simply Jesus says:

    It's like people completely forgot the subprime mortgage crisis was a thing. Doesn't anyone see a striking similarity to that and the credit card/student loan debt crisis?

  62. A Cost says:

    People need to stop spending money they don't have … but I guess they need the newest IPhone !!

  63. Simply Jesus says:

    "They believe in socialism, they've been open about this."
    They literally have never said they want a socialist state

  64. Julie says:

    There's no reason for credit card companies to be charging 15% interest.

  65. Hugh Hughes says:

    In my opinion
    Until all the credit card companies
    Pay back there debt to me
    WE THE PEOPLE
    How can you ask me to do anything.
    YOU WENT BANKRUPT
    MY DEBT SHOULD BE PAID

  66. Hugh Hughes says:

    In my opinion
    I read Destinys words
    Of the people should spend within your budgets.
    Hmmm
    In 2008 did credit card companies take my money
    WE THE PEOPLE
    Money from our government
    To the tune of
    BILLIONS
    NO I MEAN
    TRILLIONS and
    After all said and done it was
    29 TRILLION
    SO DONT SIT HERE AND TALK ABOUT HOW PEOPLE
    Should live with in their means.
    When
    WE THE PEOPLE
    Bailed out their BANKRUPT
    ( Y. )

  67. Steven says:

    An amazing nodder, that AOC. 😲

  68. Luis Luna says:

    They do this no one with a credit score under 700 will have a credit card

  69. Russell Smith says:

    .

  70. stueys2a says:

    Lol these guys are idiots. . . They want to sell America out then sell the debt offshore then wonder where they can make money later

  71. Dakota Duree says:

    All this would do is make the requirements to get a small credit card harder for people with limited credit history. You could go back several years and just remember trying to get financed for anything even though you never proven you were a bad borrower but your credit score was relatively low because it was short in history. Now imagine your transmission went out in your truck and you just need the money to get the transmission in and get by and pay it off in 3 or 4 months if not on time when you get paid but the bank says you do not qualify for their credit card because you do not have enough credit history for a $1,500 credit card oh, now you are left to Simply get a shark loan which will be much worse than the credit card.

  72. AMERICA FIRST says:

    END DEBT SLAVERY!! BAN USURY!!!

  73. Suzan Svatek says:

    Just let the Free Market System work and keep the gov’t out of our lives anymore than they are!! This is purely PANDERING! I’m surprised this isn’t a benefit just for illegals. Illegally enter, have band at border to welcome their presence AND they get an interest free Credit Card. GEEZ!! Bernie and AOC please move to Venezuela.

  74. Scott Thompson says:

    No one forces ANYONE to take out debt. Live within your means.

  75. Mark Hansen says:

    Never should, Burn-it-down or AOC American-on-crack, ever be in charge of anything to do with financial issues.

  76. Stoma Bag says:

    These two socialists are idiots.
    Trump/Pence
    2020

  77. M Bulu says:

    You can cap the interest rates but what about the bank fees such as the breathing fee. the fee for existing .

  78. Derek M says:

    All i saw was two socialists…. One young and foolish, the other old and Jewish. What do they have in common. . . Failure

  79. Dirk Simmang says:

    Two Financial Experts. Lets listen to the wisdom of the wise…. (what a Joke)..
    People / Banks should not try to get Blood out of a stone…
    hypocrite, it was the Democrats on the financial committees that allow usury to fleece the American people… the Democrats policy is in fact the fleecing of the American people through taxation without representation…
    Democrats call America a democracy, when in fact the United States of America is a constitutional republic… founding fathers wrote Into the law of the land that "ONLY" the United States can print its own money with no ussery… the Democrats (set constitutional law aside) policy for the Federal Reserve is treason High crimes and misdemeanors… and now you want to put a Band-Aid on a fatality…
    you are pathetic…

  80. Pedro Gutierre says:

    That’s actually a really good idea !!

  81. 911 Never Forget says:

    Two OLIMPIC NUT JOBS

  82. Ao Naga says:

    I remember a time when laws against usury was the Republicunt forte but they are losing the plot.

  83. John Lennon says:

    bernie and aoc are the future. its getting more difficult for fox to hate on them

  84. Ben Pavich says:

    Titlemax loan is 500 percent, the Mafia looks like the good guys here.

  85. douglas carpenter says:

    Just as with every pandering Democrat scheme, the responsible always suffer because of the irresponsible under their failed policies.

  86. P J says:

    AOC and BS go well together!

  87. scrub44 says:

    letting a 16 year old kid vote is nonsense.

  88. Rammvis says:

    Oh those poor credit card companies struggling to build stadiums and skyscrapers. These morons clearly are lying next people will be defending 30 and 40% while these companies are the biggest cash cows.

  89. Mark Osborn says:

    So AOC was a bartender and sold $0.50 drinks for $12.00, maybe we should regulate that also

  90. GoldBeard The Thirteenth says:

    Wait for the fees. That is where the interest rates will stay flat but the fee types will happen a lot more. Such as a balance fee if you hit 50% of your balance in a given time. They have a good populist idea but there are ways around ensuring a rate stays low but if you hit certain thresholds such as 70% of your limit, you get a fee attached or something like that. I guarantee you they will find a way around that lost 2-3% amount. There is a demand for cash in cash strapped people and that is the real solution and not capping poor cash flowed individuals. 2% of 5000 is 100 dollars per year. A 10 dollar fee is reasonable per month for something like a high balance which would net them 20 extra dollars per year. They will find a way because the demand is there. You have to remove the demand which is supplying individuals with government backed loans that can then be sold off with risk analysis to maximize profit for those who want to buy into them. That is what I want to do with healthcare costs and loss of work. There was at one point a free loan system that really did a lot of good that I remember that helped pay for the costs of farming in foreign countries. i think we can do that again and do it for medical costs as well as income loss due to it. Have the individuals pay it back and say when they will pay it back to remove free loaders. But that is another idea for another day.

  91. Hiker says:

    AOC is by far the most intelligent woman in politics in decades! I say decades! She is what America needs!

  92. Travis7060312 says:

    Dowvote it if you want, this is good,

  93. Starlord says:

    You know usury is out of control when the Jewish candidate says interest rates are too high and wants to cap it.

  94. Jeff Hanson says:

    Credit is a trap and the cap would keep issuers from issuing cards to high risk people. It may help keep them out of debt trouble.

  95. infinite monkeys says:

    "Saunders, O-Crazy-o Cortez unveil plan to ensure only people with A and A+ credit can get credit cards." Fixed your title.

  96. Duke of Haphazard says:

    Apparently these two geniuses have no clue how interest rates work.

  97. Justin Nother says:

    Who is this bimbo who wants to give 30,000 credit cards to people WHO DON'T QUALIFY because they have A HISTORY OF NOT PAYING OFF THEIR DEBTS.

  98. Justin Nother says:

    FYI, Sanders and AOC are MORONs. AOC and Bernie Sanders don't have a clue on credit cards and how APR works. DO YOU? 4 minute 17 second video: https://www.youtube.com/watch?v=ajDfQ-hd3pQ

  99. Dennis Hartford says:

    Don't take any advice from dumb and dumber!!!

  100. World Shaper says:

    FOXNEWS fighting to make the middle class families miserable. And they fight hard.

Leave a Reply

Your email address will not be published. Required fields are marked *