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BREAKING: Trump announces that as president, he will immediately implement a temporary 10% cap on credit card interest rates "We can't let them make it 25% and 30%." Credit card interest rates are at a historic high under the Kamala-Biden regime. His simple plan will alleviate a lot of...

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George

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7,158,759 Aufrufe • vor 1 Jahr •via X (Twitter)

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A reminder that the kid who came less than an inch away from bl•wing Trump’s head off, WAS FEATURED IN A BLACKROCK VIDEO FROM 2022 ⚠️ BlackRock owns a significant portion of BOTH Visa and Mastercard, whose stocks dropped sharply this week. Did they know President Trump was going to put a 10% cap on credit card interest rates and take on the sky high scam credit card swipe fees? It is time to seriously consider the possibility that Blackrock might have attempted to take out President Trump to prevent him from ending their shameless scams on the American people!

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Americans handed over about 253 billion dollars in credit card interest and fees in a single year, and for millions the debt never actually shrinks. Total household debt in the United States just hit a record of about 18.8 trillion dollars. Credit cards are only a slice of that, but they are the cruelest slice, because the interest rate almost never drops below 20 percent. Here is what that does. If you carry a balance of 5,000 dollars and pay only the minimum, it can take more than 15 years to clear, and cost you more than 6,000 dollars in interest alone. You end up paying for the same purchase twice. The amount Americans pay each year just in card interest is now more than triple what it was in 2021. This is not an accident of the market. High rates and low minimum payments are built to keep you paying, slowly, for as long as possible.
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Americans handed over about 253 billion dollars in credit card interest and fees in a single year, and for millions the debt never actually shrinks. Total household debt in the United States just hit a record of about 18.8 trillion dollars. Credit cards are only a slice of that, but they are the cruelest slice, because the interest rate almost never drops below 20 percent. Here is what that does. If you carry a balance of 5,000 dollars and pay only the minimum, it can take more than 15 years to clear, and cost you more than 6,000 dollars in interest alone. You end up paying for the same purchase twice. The amount Americans pay each year just in card interest is now more than triple what it was in 2021. This is not an accident of the market. High rates and low minimum payments are built to keep you paying, slowly, for as long as possible.

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BlackRock, State Street, Vanguard and the others in the ownership decided to change the floor numbers at Mandalay Bay to cover up what happened! 31-55 ARE GONE! Those same evil investment monopolies are also behind the exploitive credit card swipe fees AND the insane 30%+ credit card interest rates. Thank God President Trump is finally fighting back! Remember how multiple of the men who tried to take out Trump had connections to them and appeared in old videos? With almost every institutionalized scam and mass-tragedy in America, you know those names are not far behind…
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What a bunch of horse💩 Mark Carney: "We are not spending that amount of money, we are investing that amount of money." No Mark, you are borrowing money, that will cost Canadian taxpayers interest and will need to be paid back, on programs that you hope will generate ROI. In finance, it's called a leverage. He is trying to call this a leverage except that the government won't own any assets with this but hopes to generate additional economic spending that will cover the cost of this spending and the borrowing that will need to be paid back.

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Biden’s lies are unparalleled, almost a thing of beauty. While running for president he actually accused Trump and Giuliani of trying to make millions in Ukraine. My word as a Biden, I swear on my dead son, it was the other guy doing corrupt deals in Ukraine.

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🇺🇸 President Trump just posted this message on Truth Social about Iran: “Iran really wants to make a deal, and it will be a good one for the U.S.A. and those that are with us.” He noted the constant negative criticism from Democrats and some Republicans making his job tougher as he negotiates. Trump’s message: “Just sit back and relax, it will all work out well in the end - It always does!” Do you agree with Trump that everyone should just relax and let him do his job? (Video: AI)

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