Wednesday, May 13, 2009

Democratic Congress Slogs for Corporate America Again!

When the going gets tough... it seems the Democrats in the Senate get going.

American Credit card companies are taking consumers for a ride. They are slashing limits; skyrocketing rates; adding fees; anything for a buck and to make their bottom-line look a bit better for stock holders. Sen. Bernie Sanders (I)of Vermont was trying to deal with the issue with legislation limiting credit card interest to 15%. The bill failed 33-60.

Twenty-one Democratic Senators joined the Republicans in protecting the credit card companies gouging practices.

Those joining the nay-sayers include our own Democratic Senators: Patty Murray and Maria Cantwell. Sadly, these two have become a vote Corporate America can count on.

Labels: , , , , , ,

Bookmark and Share


At 9:46 PM, Blogger The Rambling Taoist said...

Sorry, but I'm not surprised in the least. The Dems feed at the same trough as the GOP. They don't want to slow down the hay wagon.

At 6:48 AM, Blogger Stash said...

Having political whores from other states is one thing. But, I've broken bread with Cantwell and Murray and I expect more... lamely, I expect more.


Post a Comment

<< Home