Credit card rate push: good politics, but nothing more Re: “Executives stand up for Fed, card rates,” Jan. 14 news story One of the strongest lobbies in Washington is the financial services lobby. If a regulatory cap on credit card interest rates were going to go into effect, it would be good. I t would help save desperate borrowers from being preyed upon. The reality is that it will be quashed by both corporate Democrats and Republicans. It’s good politics because it will make President Trump look like a good guy fighting for people. It’s not goodwill because that’s as far as it will go, and someone smarter than Trump knew all this. Nice move, Mr. President. We see you (and the people actually doing the smart politics). Nate Craig, Estes Park Support candidates who support the bank customers Re: “Three big banks report soaring profits,” Jan. 15 news story The economy is “doing just fine,” says a bank that profits from economic hardship. Evidently, big banks like Wells Fargo and Bank of America think that, because they are profiting right now, the economic turmoil that is forcing many Americans to cut costs isn’t that bad. One wonders how much they are spending on groceries each month to be able to make such a claim. These same banks are also against an interest cap, stating they wouldn’t be able to offer credit to “those who need it the most.” These big banks truly care about the poorest in our communities, so much so that they want to bury them under mountains of unregulated debt. They even go so far as to hint that they wouldn’t be able to serve them at all if they’re not able to squeeze them for every penny they’ve got. This is the kind of corporate greed our communities are up against. They want our politicians to make decisions that enlarge their profits, rather than support policies that protect our people. As we look ahead to elections, I’ll be supporting candidates who measure the economy, not by how much profit margins widen for corporations, but by how well our communities are supported. Rayna Castillo, Denver Time to save TABOR, again Re: “State Democrats aim for major TABOR change as session opens,” Jan. 15 news story Of course the Democrats want to steal our TABOR refunds! The only restriction on their tax-and-spend proclivities, TABOR has served well over the decades. The state has already turned it into an income redistribution scheme when they decided equal checks for those who overpaid and those who paid nothing were more fair. The voters have consistently rejected these money grabs, but leftist legislators continue to hope for a different outcome this time. Save our refunds — Hands off TABOR! Jonathan Williams, Denver Appreciative of the AG’s efforts for state rights Thank you, Attorney General Phil Weiser, for protecting states’ rights. This is an important part of our Constitution. When our forefathers first met after winning the Revolutionary War, they had to plan the future and form a nation. But not so quick, as two or three of the Colonies said, I don’t think so. We like our individual status. Hence the compromise: the Tenth Amendment, which guarantees the states’ rights. Related Articles Colorado borrowers have plenty of loan options even with rate limits, study shows RTD bus and train riders can now pay by tapping their credit cards Not only does our Constitution give us rights of speech, religion, and freedom of the press, but it also created the form of government: A House of Representatives to represent the people, a Senate to represent the states appointed by state legislative bodies. In 1913, the Constitution was changed to have Senators elected, and now they do not represent a state but the people. This has given more authority to political parties. It also has elevated the authority of a president, which our forefathers did not want. Our Forefathers gave us an excellent document that gives us freedoms and rights. Currently I feel many of those rights are in jeopardy today. I would ask everyone to take time and read this document; it does not take that much time. Schools should do a better job of teaching it and its history. I wish Mr. Weiser complete success. Norma Anderson, Lakewood Sign up for Sound Off to get a weekly roundup of our columns, editorials and more. To send a letter to the editor about this article, submit online or check out our guidelines for how to submit by email or mail. ...read more read less