In Need Of A Little Economic Stimulus?Submitted by Generation L on Sat, 07/27/2013 - 20:32
How about this?
All interest payments on all personal bank loans (mortgages, business loans, student loans, car loans, home equity lines of credit, personal lines of credit, credit card debt, etc.) should be immediately and retroactively applied to the principle. Any overpayment should also be returned immediately.
Since the money for these loans was illegitimately created in the first place, the banks have absolutely no right to charge anyone interest for using that money.