Sanders pushes to cap credit card interest rates
Burlington, Vermont — Senator Bernie Sanders says credit card companies are no better than loan sharks when it comes to interest rates. In Washington, he spoke religious leaders and community organizers from around the country. He says that in a recession families rely on credit cards for necessities, and interest rates topping 20% can mean ruin.
“When a gangster takes advantage of somebody who is in desperate need and charges outrageous interest rates, and they don’t pay up, they break their kneecaps,” says Sanders. “Well, these guys in three piece suits do exactly the same thing. But they are not breaking kneecaps, they are breaking lives.”
Sanders will again push a plan to cap credit card interest rates at 15%. He says he will offer the amendment during debate over financial reform for Wall Street. –WCAX News
June 2025
Philippine Environment Month!
“Action for Nature, for the Future!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
Monthly Observances:
1 Jun – World Day of Parents
5 Jun – World Environment Day
7 Jun – World Food Safety Day
8 Jun – World Oceans Day
12 Jun – World Day Against
Child Labour
15 Jun – World Elder Abuse Awareness Day
16 Jun – International Day of Family Remittances
17 Jun – World Day to Combat Desertification and Drought
20 Jun – World Refugee Day
25 Jun – Day of the Seafarer
27 Jun – Micro-, Small and Medium-sized Enterprises Day
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
