The Democrats’ ‘Affordability’ Ploy to Avoid Accountability

[mystery-ak]

The Democrats’ ‘Affordability’ Ploy to Avoid Accountability › American Greatness
Thaddeus G. McCotter


Imagine someone is walking through a museum filled with fragile antiquities. And they happen to be indiscriminately swinging a sledgehammer. And with every fragile antiquity they shatter, they pocket the price of the destroyed historical treasure.

When their selfish, remunerative spree of wanton destruction concludes, one might expect the culprit to drop their hammer and skedaddle from the scene of the crime. Nope. Instead, they stand around carping that the museum’s new curators are not cleaning up the mess you made fast enough. Why? Because they are hoping to get another shot with the sledgehammer at the remaining precious items still on display.

The fragile antiquities would be the American economy itself. They would be Democrats. The sledgehammer would be their trillion-dollar spending spree, which they would undertake while holding the congressional majority under the Biden administration. With every exorbitant spending bill they passed, their political cronies and ideological fellow travelers received taxpayer money, much of the largesse being funneled back into electing Democrats. The result was the Democrats’ inflation-driven economic carnage that harmed every taxpaying American’s pocketbook that the party had drained to do it in the first place.

more
https://amgreatness.com/2026/01/10/the-democrats-affordability-ploy-to-avoid-accountability/

[Fishrrman]

This is why Mr. Trump made the proposal of a 10% cap on credit card interest.

Argue all you want about "the free market", but Mr. Trump is trying to address the issue of "affordability" (which has the potential to be a killer for dem-communists come election time).

We had better engage them on their side of the battlefield, or we'll go down fighting for "principled positions"... and nothing more... but go down nonetheless.

Aside:
Maybe 10% (as a "frozen rate") is unworkable, but letting banks get away with 25% or more is highway robbery. Time to rein them in. Could the maximum interest rate be tied into the prime lending rate, somehow...?

[Smokin Joe]

This is why Mr. Trump made the proposal of a 10% cap on credit card interest.

Argue all you want about "the free market", but Mr. Trump is trying to address the issue of "affordability" (which has the potential to be a killer for dem-communists come election time).

We had better engage them on their side of the battlefield, or we'll go down fighting for "principled positions"... and nothing more... but go down nonetheless.

Aside:
Maybe 10% (as a "frozen rate") is unworkable, but letting banks get away with 25% or more is highway robbery. Time to rein them in. Could the maximum interest rate be tied into the prime lending rate, somehow...?

I remember the Carter years, when the ND Legislature had to change the usury laws so banks could borrow at the Prime rate...

I have received many credit card offers, and torn them up. APRs of upwards of 30%? NO! Annual fee? Not happening. Kids don't read the fine print, and have little or no credit history so they get socked with loan shark rates. No wonder they can't afford anything, they're crippled with interest payments.

[verga]

This is why Mr. Trump made the proposal of a 10% cap on credit card interest.

Argue all you want about "the free market", but Mr. Trump is trying to address the issue of "affordability" (which has the potential to be a killer for dem-communists come election time).

We had better engage them on their side of the battlefield, or we'll go down fighting for "principled positions"... and nothing more... but go down nonetheless.

Aside:
Maybe 10% (as a "frozen rate") is unworkable, but letting banks get away with 25% or more is highway robbery. Time to rein them in. Could the maximum interest rate be tied into the prime lending rate, somehow...?

Makes sense to me.