FORGET THE JOBS SUMMIT – 5 THINGS THAT CAN BE DONE RIGHT NOW TO STIMULATE THE ECONOMY THAT EVEN TEAM OBAMA CAN’T SCREW UP!

Here’s what Main Street and small business owners, the backbone of this economy, know … the economy could rapidly go into gear, jobs would return, and consumers would begin spending if Team Obama were smart enough to do the following:

1. Reduce credit card interest rates to 15% or less. Banks should not be allowed to charge their customers more than 3 or 4 times of the savings rate at their banks. In the 70’s, credit card companies were prohibited by law from charging customers more than 12% interest rates. With credit card debt at an all time high, consumers simply will not go out and spend until their credit card debt is greatly reduced.

Tags: Amerika's New Economy, credit card rates ursury, OBAMA ECONOMIC DISASTER, OBAMA NUMBERS PLUMET, small business credit card debt, TARP FUND MADNESS