Posts Tagged ‘interest rates’

Barack Obama: Will you check your math?

A couple of months ago I was watching a debate between Barack Obama, Hillary Clinton, and John Edwards. Barack made a statement to the effect that he votedĀ againstĀ a bill providing limits on credit card interest rates because he thought the rate of 30% was too high. Edwards called him on the statement, but the debate pressed on.

Barack’s statement stuck with me, why did he vote against that bill. Why? He said that he thought the rate was too high, so I decided that he voted against the bill to keep the debate continuing - it didn’t make a whole lot of sense, but I decided that I’d go with it.

Then I read his website:
Obama supports extending a 36 percent interest …


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Categroy: Election 2008