Prof. Elizabeth Warren & Bill Maher, The Usury States of America :Elizabeth Warren, current Chairwoman of the Congressional Oversight Committee, has a great way of reducing complex economic concepts to simple sentences that the average person can actually understand. It is IMPOSSIBLE to legislate a fair model under the Federal Reserve System, that vomits irredeemable debt currency out to crony corporations that then buy up all our real property & labor for peanuts, and then pays We The People back under duress, with our own stolen property.People wonder how can my credit card company charge me 30% when my state has a much smaller usury rate - say 15%?
Well, the credit cards got it so they can freely go across state lines & charge the rate allowed in the state in which their financial operations are headquartered & not the state in which you live.
We have a couple of states that don't have regulations on this, so the credit companies set up operations in those states.
The Health Insurance Companies want the same kind of deal.
Elizabeth Warren has a point here, but in general, she is a political hack and big phony. Her role is to play economic savior to the middle and lower classes, which is probably enough to get gullible sheeple-like Leftists to vote for her. She is a blatant Marxist, though.
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Elizabeth Warren has a point here, but in general, she is a political hack and big phony. Her role is to play economic savior to the middle and lower classes, which is probably enough to get gullible sheeple-like Leftists to vote for her. She is a blatant Marxist, though.
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