Speaking of the Three Strikes law: http://www.counterpunch.org/sandronsky12222007.html
Seth Sandronsky Date: Fri, 21 Dec 2007 10:49:15 -0800 From: Jim Devine <[EMAIL PROTECTED] Subject: Re: closing the barn-door after the horse has escaped. Charles Brown wrote: The cleanest and most efficient way to regulate lending would be a universal ,i.e. federal usary statute, a prohibition on interest rates above, say, 4%. Make it a misdemeanor for the first two offenses. Then on the third strike, it's a felony. We can play this third strike game too. the problem is that there are ways of getting around such caps via creative contract-writing. -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. --------------------------------- Be a better friend, newshound, and know-it-all with Yahoo! Mobile. Try it now.
