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View Diary: Save 300,000 Jobs--Boycott Chase [Update] (315 comments)

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  •  Most banks are interest raising rates now (3+ / 0-)
    Recommended by:
    chowder, mainefem, goinsouth

    since they know regulation is in the pipeline.  They don't need a reason to raise your rates and they have no reason other than to force taxpayers to dig them out of the debt caused by their folly in two ways: TARP and increased credit card interest rates.  

    Levin's proposed legislation is crap because it puts no limits on interest rates.  We've got to put some effort into forcing Congress to make the new regulations fair to consumers by restructuring the recent rate increases many are struggling under.

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