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The easy liberal solution to a variety of corporatist problems: Sensible Caps

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andym Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-10-09 11:10 AM
Original message
The easy liberal solution to a variety of corporatist problems: Sensible Caps
Edited on Thu Sep-10-09 11:23 AM by andym
As many of us expected, credit card companies are busy trying to subvert the new credit card reform act. http://www.businessweek.com/magazine/content/09_38/b4147026262530.htm?wtf

But there's one solution that they won't be able to completely weasel out of: interest rate and total penalty CAPS. They are needed, and I hope that Senator Dodd will revisit them.

Furthermore, caps on premiums and consumer total cost could essentially turn US healthcare into a European style healthcare on the backs of the insurers.
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x6488988

The key to the Cap and Trade bill? Caps...


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Democrats_win Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-10-09 11:18 AM
Response to Original message
1. Would love to see any solution to corporations ripping us off.
So far, effective legislative solutions are impossible dreams. Our only recourse is individual efforts like capping what we purchase. The benefit is that you'll actually live better.
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andym Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-10-09 07:11 PM
Response to Reply #1
2. It really doesn't take much to reign them in
It just requires the gumption to change the rules a bit-- like imposing caps to ensure "good behavior."
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