What radical muslim Marxists should be doing

[Red Dawn]

Since we, the taxpayers, now own the banks and financial industry and saved their sorry asses, we should be able to dictate to them their terms of operation and order them to stop ripping off consumers.

UK gives two week deadline to credit card companies

Hank Paulson was surely about to do this as well but somehow it slipped his mind. The US continues to allow the banks to get away with profiteering despite being saved from total failure, but that's the Republican way. As long as their friends can squeeze one last penny out of consumers (whether it's oil, banking, or any other business) then everything is OK. It doesn't have to be this way, but it is thanks to Bush and Paulson.

UK gives two week deadline to credit card companies

Credit card giants have been given two weeks to agree to stop charging exorbitant rates to borrowers or risk losing their operating licences.

Ministers said they were giving Britain's major lenders one last chance to prove they were not profiteering from the downturn. The ultimatum was delivered at a four-hour Whitehall summit called after The Independent disclosed some credit card and store card providers had raised interest rates – in some cases to 30 per cent – even though the cost of borrowing had fallen.

The credit card companies agreed last night to give borrowers who run into trouble paying their bills a "breathing space" of up to two months before they face action. They also pledged to draw up a clear "statement of principles" over their rates by 9 December. It will commit them to give clear information to borrowers, not alter rates constantly and charge "proportionate" levels of interest.

Lord Mandelson, the Business Secretary, and Gareth Thomas, the Consumer Affairs minister, told leaders of the industry that they were alarmed by lenders increasing their rates overnight without justification

Two weeks to cut rates, card issuers told - UK Politics, UK - The Independent

 

[editec]

Good for the UK.

I can remember when usary laws existed in this nation, too.

Had they remained in effect much of the problem we have now would not exist, either.

 

[Xenophon]

Isn't 'Muslim Marxist' a contridiction in terms?

 

[editec]

Isn't 'Muslim Marxist' a contridiction in terms?

Not to the terminally stupid, no.

Words have no actual meanings to them, they're merely used to add zest to their inane blather.