Wednesday, October 30, 2024
Miles from the Mainstream
D. R. ZUKERMAN, proprietor
A Call to Credit Cardholders
to Row Together

FEBRUARY 5, 2006 --

LPR recommends to clicksters the article at the online "The Red Tape Chronicles" on usurious credit card interest rates beyond the reach of state courts.

Many thanks to Terri Fassio, LPR's talented webmaster (skullco.com) for calling the article to this writer's attention.

Please click redtape.msnbc.com.

The outrage of 29.99% interest rates should get the attention of NBC as well as MSNBC, and of members of Congress from states like South Dakota and Delaware that permit this squeeze on consumers.

It would, LPR believes, also be helpful if President Bush stated his view of 29.99% credit card interest rates although LPR is not confident the President would oppose the credit card companies in view of his
reported statement, February 1, that we should not expect a decline in oil prices -- a statement LPR fears is a green light to Big Oil to bring back the gas price spike and stick it right through the heart of our economy.