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Donkees

(31,392 posts) Wed Jun 12, 2019, 07:14 PM Jun 2019

Amazon is issuing credit cards with 28% interest rates to "help" people with bad credit.

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Amazon is issuing credit cards with 28% interest rates to "help" people with bad credit. (Original Post) Donkees Jun 2019 OP

Reasonable explanation for usury from lenders. Prosper Jun 2019 #1

Plutocratic Fascism? Such An Awesome Synonym For Usury! corbettkroehler Jun 2019 #2

Prosper

(761 posts)

1. Reasonable explanation for usury from lenders.

Reply to Donkees (Original post)

Thu Jun 13, 2019, 05:27 AM

Jun 2019

"We are helping people that otherwise couldn't get credit"
This help comes in the form of a low credit limit card that is immediately charged up representing another perpetual bill for limited incomes. The right wing has done everything possible to replace capitalism with plutocratic fascism . Progress to them is "Cheaper, faster and easier". High frequency trading , legalized front running and non interested trading derivatives are not capitalism. Capitalism is sn economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state. Plutocratic fascism is the correct term for the US financial system.

corbettkroehler

(1,898 posts)

2. Plutocratic Fascism? Such An Awesome Synonym For Usury!

Reply to Prosper (Reply #1)

Thu Jun 13, 2019, 06:05 AM

Jun 2019

Well done! Truly, well done!

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