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
August 12 –
International Youth Day
“Empowering youth,
building generations!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
August –
Aug 1-7 World breastfeeding week
Aug 9 – International Day of the World’s Indigenous Peoples
Aug 12 – International youth day
Aug 19 – World humanitarian day
Aug 23 – International Day for the Remembrance of the Slave Trade and Its Abolition
Monthly Observances:
Farms Safety Month
Breastfeeding Awareness Month
Weekly Observances:
Aug 17-23: Made in the Philippines
Product Week
Aug 29-Sept 5: Rice and Corn Week
Daily Observances:
Aug 1: Family Planning Day
Aug 9: National Indigenous Peoples Day
Aug 12: International Humanitarian Law Day
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