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To: Riskmgmt who wrote (70944)2/10/2011 8:41:13 AM
From: Maurice Winn1 Recommendation  Respond to of 218649
 
What an odd law: < It is against the law to charge more than 18% interest per annum as an individual in the USA but legal if you are a bank (credit card company).> But most laws seem ridiculous to me as they are mostly just bossy people wanting to tell other people what they can and can't do and to take money legally from other people.

Indeed: < The lack of VVV is on the part of the law makers and the bankers and perhaps the voters who allow it. > People go on voting for more of the same every election.

Mqurice