So you're okay with the government interfering in free market economics, financials, and liberty?
I should have explained more fully.
I mean I agree that some credit card companies charge ridiculously obscene high interest rates and it's those rates often make it hard for people to climb out of a debt hole. That's the surface of the idea I somewhat agree with but at the same time I am leary of govt control of anything like this thus the devil in the details.
The heart of the problem is far that too many people spend way beyond their means and they've made it far too easy these people to walk away from their debt while the rest of us pick up the tab.
Surface: The idea that maybe some interest rates may be too high
The details: There's a very good reason why some of these rates are so high
I don't have enough coffee in me yet to be clear