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
July 2025
Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”
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
July
3 July – International Day of Cooperatives
3 July – International Plastic Bag Free Day
5 July – World Youth Skills Day
7 July – Global Forgiveness Day
11 July – World Population Day
17 July – World Day for International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons
Monthly Observances:
Schools Safety Month
Nutrition Month
National Disaster Consciousness Month
Weekly Observances:
Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
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