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: Bernie Sanders, Corporate America, Credit Card, Democrats, Maria Cantwell, Patty Murray, Senate
