• Is Trump's 10% Credit-Card Rate Cap GOOD or BAD ?

    From c186282@c186282@nnada.net to talk.politics.misc,alt.politics.usa,alt.fan.rush-limbaugh on Sat Jan 10 21:23:18 2026
    From Newsgroup: alt.politics.usa

    Admittedly it will be popular - at least up front.

    However, banks have to deal with a lot of CC fraud AND
    they want good returns for themselves/stockholders too.

    Keeping people in eternal high-interest debt DOES serve
    the banks (until that pyramid collapses anyhow).

    But - if that money fountain is turned off, getting
    a CC may suddenly become very difficult. CCs may
    largely go away entirely.

    Problem ... in the current inflationary and job-
    questionable environment, a LOT - like a WHOLE
    lot - of people pretty much LIVE day to day on
    their CCs. USED to be just vanity/stupidity to
    live beyond ones immediate means ... but now it
    seems to have become kinda life-and-death for
    vast numbers.

    Note also that if RATES are capped, "FEES" will
    greatly increase. Won't matter if you keep a
    zero balance. Banks are biz, not 'charity orgs'.
    1950s "wealth" was increasing fast, the sky
    was the limit, so cheap CCs worked. These days
    the sky is NOT unlimited ... the USA is not
    the sole center of the universe anymore.

    --- Synchronet 3.21a-Linux NewsLink 1.2
  • From Trump's Nemesis@notrump@notrump.ent to talk.politics.misc,alt.politics.usa,alt.fan.rush-limbaugh on Sun Jan 11 02:39:48 2026
    From Newsgroup: alt.politics.usa

    c186282 wrote:

    Admittedly it will be popular - at least up front.

    However, banks have to deal with a lot of CC fraud AND
    they want good returns for themselves/stockholders too.

    Keeping people in eternal high-interest debt DOES serve
    the banks (until that pyramid collapses anyhow).

    But - if that money fountain is turned off, getting
    a CC may suddenly become very difficult. CCs may
    largely go away entirely.

    Problem ... in the current inflationary and job-
    questionable environment, a LOT - like a WHOLE
    lot - of people pretty much LIVE day to day on
    their CCs. USED to be just vanity/stupidity to
    live beyond ones immediate means ... but now it
    seems to have become kinda life-and-death for
    vast numbers.

    Note also that if RATES are capped, "FEES" will
    greatly increase. Won't matter if you keep a
    zero balance. Banks are biz, not 'charity orgs'.
    1950s "wealth" was increasing fast, the sky
    was the limit, so cheap CCs worked. These days
    the sky is NOT unlimited ... the USA is not
    the sole center of the universe anymore.



    More socialist interference in capitalism from the fat tub of shit rapist
    and felon.

    Jonathan Ross,1120 Francesca Ct, Chaska, MN 55318.
    --- Synchronet 3.21a-Linux NewsLink 1.2
  • From c186282@c186282@nnada.net to talk.politics.misc,alt.politics.usa,alt.fan.rush-limbaugh on Sat Jan 10 22:28:10 2026
    From Newsgroup: alt.politics.usa

    On 1/10/26 21:39, Trump's Nemesis wrote:
    c186282 wrote:

    Admittedly it will be popular - at least up front.

    However, banks have to deal with a lot of CC fraud AND
    they want good returns for themselves/stockholders too.

    Keeping people in eternal high-interest debt DOES serve
    the banks (until that pyramid collapses anyhow).

    But - if that money fountain is turned off, getting
    a CC may suddenly become very difficult. CCs may
    largely go away entirely.

    Problem ... in the current inflationary and job-
    questionable environment, a LOT - like a WHOLE
    lot - of people pretty much LIVE day to day on
    their CCs. USED to be just vanity/stupidity to
    live beyond ones immediate means ... but now it
    seems to have become kinda life-and-death for
    vast numbers.

    Note also that if RATES are capped, "FEES" will
    greatly increase. Won't matter if you keep a
    zero balance. Banks are biz, not 'charity orgs'.
    1950s "wealth" was increasing fast, the sky
    was the limit, so cheap CCs worked. These days
    the sky is NOT unlimited ... the USA is not
    the sole center of the universe anymore.



    More socialist interference in capitalism from the fat tub of shit rapist
    and felon.


    TDS Syndrome - your opinion is automatically invalid.

    --- Synchronet 3.21a-Linux NewsLink 1.2
  • From Person Familiar With the Matter@PFWTM@cumcast.net to talk.politics.misc,alt.politics.usa,alt.fan.rush-limbaugh on Sun Jan 11 05:14:34 2026
    From Newsgroup: alt.politics.usa

    c186282 wrote:

    On 1/10/26 21:39, Trump's Nemesis wrote:
    c186282 wrote:

    Admittedly it will be popular - at least up front.

    However, banks have to deal with a lot of CC fraud AND
    they want good returns for themselves/stockholders too.

    Keeping people in eternal high-interest debt DOES serve
    the banks (until that pyramid collapses anyhow).

    But - if that money fountain is turned off, getting
    a CC may suddenly become very difficult. CCs may
    largely go away entirely.

    Problem ... in the current inflationary and job-
    questionable environment, a LOT - like a WHOLE
    lot - of people pretty much LIVE day to day on
    their CCs. USED to be just vanity/stupidity to
    live beyond ones immediate means ... but now it
    seems to have become kinda life-and-death for
    vast numbers.

    Note also that if RATES are capped, "FEES" will
    greatly increase. Won't matter if you keep a
    zero balance. Banks are biz, not 'charity orgs'.
    1950s "wealth" was increasing fast, the sky
    was the limit, so cheap CCs worked. These days
    the sky is NOT unlimited ... the USA is not
    the sole center of the universe anymore.



    More socialist interference in capitalism from the fat tub of shit
    rapist and felon.


    TDS Syndrome - your opinion is automatically invalid.



    Trump is a criminal and a liar. Trump Derangement Syndrome is the
    disease of the low IQ fools who follow such a piece of shit.

    You are a traitor who deserves to die.
    --- Synchronet 3.21a-Linux NewsLink 1.2
  • From David@null@nowhere.com to talk.politics.misc,alt.politics.usa,alt.fan.rush-limbaugh on Sun Jan 11 05:16:38 2026
    From Newsgroup: alt.politics.usa

    Person Familiar With the Matter wrote:

    c186282 wrote:

    On 1/10/26 21:39, Trump's Nemesis wrote:
    c186282 wrote:

    Admittedly it will be popular - at least up front.

    However, banks have to deal with a lot of CC fraud AND
    they want good returns for themselves/stockholders too.

    Keeping people in eternal high-interest debt DOES serve
    the banks (until that pyramid collapses anyhow).

    But - if that money fountain is turned off, getting
    a CC may suddenly become very difficult. CCs may
    largely go away entirely.

    Problem ... in the current inflationary and job-
    questionable environment, a LOT - like a WHOLE
    lot - of people pretty much LIVE day to day on
    their CCs. USED to be just vanity/stupidity to
    live beyond ones immediate means ... but now it
    seems to have become kinda life-and-death for
    vast numbers.

    Note also that if RATES are capped, "FEES" will
    greatly increase. Won't matter if you keep a
    zero balance. Banks are biz, not 'charity orgs'.
    1950s "wealth" was increasing fast, the sky
    was the limit, so cheap CCs worked. These days
    the sky is NOT unlimited ... the USA is not
    the sole center of the universe anymore.



    More socialist interference in capitalism from the fat tub of shit
    rapist and felon.


    TDS Syndrome - your opinion is automatically invalid.



    Trump is a criminal and a liar. Trump Derangement Syndrome is the
    disease of the low IQ fools who follow such a piece of shit.

    You are a traitor who deserves to die.


    He should be gassed if he can't provide proof of citizenship.

    --- Synchronet 3.21a-Linux NewsLink 1.2
  • From c186282@c186282@nnada.net to talk.politics.misc,alt.politics.usa,alt.fan.rush-limbaugh on Sun Jan 11 02:22:14 2026
    From Newsgroup: alt.politics.usa

    On 1/11/26 00:14, Person Familiar With the Matter wrote:
    c186282 wrote:

    On 1/10/26 21:39, Trump's Nemesis wrote:
    c186282 wrote:

    Admittedly it will be popular - at least up front.

    However, banks have to deal with a lot of CC fraud AND
    they want good returns for themselves/stockholders too.

    Keeping people in eternal high-interest debt DOES serve
    the banks (until that pyramid collapses anyhow).

    But - if that money fountain is turned off, getting
    a CC may suddenly become very difficult. CCs may
    largely go away entirely.

    Problem ... in the current inflationary and job-
    questionable environment, a LOT - like a WHOLE
    lot - of people pretty much LIVE day to day on
    their CCs. USED to be just vanity/stupidity to
    live beyond ones immediate means ... but now it
    seems to have become kinda life-and-death for
    vast numbers.

    Note also that if RATES are capped, "FEES" will
    greatly increase. Won't matter if you keep a
    zero balance. Banks are biz, not 'charity orgs'.
    1950s "wealth" was increasing fast, the sky
    was the limit, so cheap CCs worked. These days
    the sky is NOT unlimited ... the USA is not
    the sole center of the universe anymore.



    More socialist interference in capitalism from the fat tub of shit
    rapist and felon.


    TDS Syndrome - your opinion is automatically invalid.



    Trump is a criminal and a liar. Trump Derangement Syndrome is the
    disease of the low IQ fools who follow such a piece of shit.

    You are a traitor who deserves to die.


    SERIOUS TDS !!! You should be put into an institution,
    for the Public Safety !

    --- Synchronet 3.21a-Linux NewsLink 1.2
  • From BTR1701@atropos@mac.com to talk.politics.misc,alt.politics.usa,alt.fan.rush-limbaugh on Sun Jan 11 07:26:34 2026
    From Newsgroup: alt.politics.usa

    c186282 wrote:

    On 1/11/26 00:14, Person Familiar With the Matter wrote:
    c186282 wrote:

    On 1/10/26 21:39, Trump's Nemesis wrote:
    c186282 wrote:

    Admittedly it will be popular - at least up front.

    However, banks have to deal with a lot of CC fraud AND
    they want good returns for themselves/stockholders too.

    Keeping people in eternal high-interest debt DOES serve
    the banks (until that pyramid collapses anyhow).

    But - if that money fountain is turned off, getting
    a CC may suddenly become very difficult. CCs may
    largely go away entirely.

    Problem ... in the current inflationary and job-
    questionable environment, a LOT - like a WHOLE
    lot - of people pretty much LIVE day to day on
    their CCs. USED to be just vanity/stupidity to
    live beyond ones immediate means ... but now it
    seems to have become kinda life-and-death for
    vast numbers.

    Note also that if RATES are capped, "FEES" will
    greatly increase. Won't matter if you keep a
    zero balance. Banks are biz, not 'charity orgs'.
    1950s "wealth" was increasing fast, the sky
    was the limit, so cheap CCs worked. These days
    the sky is NOT unlimited ... the USA is not
    the sole center of the universe anymore.



    More socialist interference in capitalism from the fat tub of shit
    rapist and felon.


    TDS Syndrome - your opinion is automatically invalid.



    Trump is a criminal and a liar. Trump Derangement Syndrome is the
    disease of the low IQ fools who follow such a piece of shit.

    You are a traitor who deserves to die.


    SERIOUS TDS !!! You should be put into an institution,
    for the Public Safety !



    I think we needed a rapist and a 35 time convicted felon as President.

    There's too much immigrant crime you know.


    --- Synchronet 3.21a-Linux NewsLink 1.2