DOES ANYONE KNOW OF BILL S.392?

Senator Robert Menendez has introduced Senate Bill S.392 "The Credit Reform Act of 2009." I could not find any specifics in the outline of the Bill, when I visited govtracks.

It's time to cap interest rates on Credit Cards to 10%.
Don not issue credit cards to anyone with a FICO score below 600 and if a card holder has limited FICO score, limit credit line to $600.00 with a cap of 10% on the balance of their credit card. Limit all fees total to not more than $10.00 per statement.

End the bait and switch tactics of the credit card issuers and banks.

Pass the word for the MONTH OF MAY, BOYCOTT YOUR CREDIT CARD COMPANY. USE CASH ALL MONTH OR USE PAYPAL OR YOUR DEBIT CARD. SPREAD THE WORD THAT MAY IS BOYCOTT CREDIT CARD MONTH. LETS START THE MOVEMENT RIGHT HERE IN SOUTHERN NJ. LETS DO IT BEGINNING ON FRIDAY MAY 1,2009.

Go Phillies

LET'S VACATION ON THE BEACHES OF CUBA, YEH BABY!

It's about time we begin the process of bringing democracy and capitalism to the people of Cuba. While President Obama is literally offering the Carrot and Stick approach to opening up a dialogue with the Cuban leadership by allowing travel for only "Cuban-Americans", I look forward to the day (sooner than later) when I can travel to Cuba and vacation on the beaches.

Many who are opposed claim "Human rights violations", For those who are complaining about those violations, I want to know why we are Purchasing products and trading with China, Russia, Venezuela, Chile, Ecuador and many other nations who are violating human rights.

China on a daily basis is violating the rights of Tibetans, and Chinese brn intellectuals who are seeking 100% democracy and freedom, yet many global corporations based in the USA, have factories and many other corporations import from China.

To those who complain about opening the doors for trade and travel to Cuba, please take an inventory of the goods in your home and the apparel you wear, read the country of origin label, ask yourself how can you wear clothes or watch television or use your computer and printer, since they are all made in China.

Let's swing open the doors to CUBA, so the cigars will drop in price from $20.00 for a Cohiba to $2.00 each.

Go Phillies.

I & YOU ARE ROCKING THE BOAT.

TAKE A LOOK AT THIS:
Today's News
Date Posted: 03/30/2009

Senator Sanders



Credit Cards Vermont’s independent Sen. Bernie Sanders is the main sponsor of the bill to limit credit card interest rates to 15 percent. Times are tough, says Sanders, and some consumers cannot get out from under their credit card debt. “While people are really finding themselves in economically desperate circumstances, one of the reasons is they’re paying 25 percent, 30 percent interest rates on their credit cards.” The bill, introduced earlier this month, has attracted five cosponsors. While some states limit borrowing rates, there’s never been any such national law, CNN Radio reported. AUDIO

Senator Bernie Sanders has picked up and listened to my cause and thanks to all your TWITTER Followers of my blog and my TWITTS. Spread the word.

WE WANT A 10% CAP ON ALL CREDIT CARD INTEREST RATES. IF THE BANKS REFUSE TO AGREE,
THEN USE CASH. CASH IS KING. CUT UP YOUR CAPITAL ONE CREDIT CARDS AND SEND THEM TO:

MR. RICHARD D. FAIRBANK
PRESIDENT
CAPITAL ONE
1680 CAPITAL ONE DRIVE
McCLEAN, VA 22102-3401

Tell him Joe Sent You. and tell him to recycle the plastic into something good.
tell him and any other credit card company that its 10%, or you will use cash or PAYPAL.
visit my blog at: jotronics.wordpress.com titled: JOE EMPTY WALLET

GO PHILS

DON'T USE YOUR CREDIT CARDS!!!

Hello Again:

How are things going. Do you best not to use your credit cards. (1) You save money, (2) You deny the banks dollars on high(loan-shark) interest rates (3) Cash is Golden. I stopped using my credit cards, I am using PAYPAL for online orders. Don't rent money anymore.

By not using your credit cards, the Bank Issuers will have to eventually give in and lower the interest rates and offer deals. I cut up my Capital One Card, sent it to the "recycle bin!"

DON'T USE YOUR CREDIT CARD

DON'T USE YOUR CREDIT CARD IF YOUR CC INTEREST RATE IS ABOVE 10%.

Now is the time to fight for your right as a Credit Card Holder. When you read the stipulations to owning a CC, they are in total control, from variable rates, to excessive fees and it can be punishing when you miss a payment or the high interest puts you above you limit, then you are charged an "overlimit fee!"

LET'S ALL USE CASH, CHECK, MONEY ORDER AND PAYPAL TO purchase our goods, lets tell the BANKS' we want a rate at 10% or lower. IF we don't get the rate, we will not use their Credit Cards.

If millions of citizens stash their cards away and don't use them, the Banks and CC companies will be like any other business, when demand falls off, they will do a couple of things, Cancel your card for "NON-USE", it happend to me with SEARS, I don't shop at any SEARS stores anymore or they will lower your rate.

IF Millions of cardholders stop using your branded card and used Cash, Each of you will save hundreds of dollars each year, you will actually gain from your purchases.

I have a Capital One card that I refuse to use, because the interest rate is above 20%, It's sits in a box, waiting for daylight,(it won't happen) no matter how commercials they run.

Pass the word, DON'T USE YOUR CREDIT CARD.
EMAIL EVERYONE YOU KNOW.

Go Phillies !
Congrats Steelers