Economic Shambles
With the Country heading towards economic meltdown, the three major remaining Presidential Candidates made statements yesterday. McCain, do nothing, the Bush policies are fine. Clinton, $30 Billion economic stimulus plan, including job retraining, community grants, etc. Obama, $30 Billion, some form of mortgage relief, and community based funding. There is a much easier plan - REGULATE THE CREDIT CARD COMPANIES- REVERSE THE BANKRUPTCY BILL. If all Credit Card interest was regulated by law to prime plus 5% it will allow those in debt to begin paying their debt. Free up credit limits, make consumers more comfortable with again using their credit cards, and spur on some sales. The Bankruptcy Bill must have the restrictive provisions removed. Allow a person the same protection as a Corporation. When did Corporations become more important that people, oh I forgot, when Regan became Acting President. If the Democrats want to prove that they are different from The Republicans, they must stand...