Another socialist calling for rate caps
March 24, 2009 | Bill Faith, Ohio, Wheeling News Register, employees, media coverage | Comments (1)From a report on today’s hearing on credit cards:
During the hearing, Democrats floated the idea of setting caps on interest rates. “I think people have had it up to here with financial firms,” Sen. Bernie Sanders, (I., Vt.), said at the hearing. He added that, “One way that we can go forward is putting a cap on interest rates.”
No, the Payday Pundit is not name-calling. The Senator from Vermont is a self-declared socialist.
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Perhaps that should be “the Senator from The People’s Republic of Vermont”.