Tuesday, July 20, 2010

10 Percent Is Enough: Capping Interest Rates

It is time to re-instate usury laws by capping interest rates at 10%.

Why 10%? Because 10% is enough.

It is enough to allow credit to flow to all worthy borrowers. It is enough to allow bankers their fair share of profit. It is enough to protect families from permanent indebtedness. And it is enough to divert our economy away from the speculative gambling that has caused our present economic crisis, and back towards productive wealth creation in the industries of the future: green manufacturing, sustainable energy, and others that the American entrepreneurial spirit has yet to imagine.

JOIN OUR CAMPAIGN. STAND AGAINST USURY.

BECAUSE 10% IS ENOUGH!

Could all those Bible thumping Americans be against usury laws that for centuries held Christians from charging interest? You betcha.

Posted via email from liberalsarecool.com

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