[vearwhershuh]

Proposal: set an immediate 3% interest rate ceiling on all credit cards. This eliminates the immediate cash crunch that everyone is feeling. If a cc company complains, nationalize them.

Then take six months to put together a comprehensive debt-forgiveness program that looks at income, family situation, etc. Forgive things like food, rent, etc. Slowly increase the interest rate cap as the economy recovers.

We need ongoing money in peoples hands now to put everyone at ease that they aren't going to be out on the streets in a week with their kids, not a piddling one-time payment in a month.