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  • Protest high interest rates
  • Letters to the editor

Protest high interest rates

On October 28, 2010
John Murphy

To the editor:

Catholic Charities recently and correctly cited the horrendous poverty in American and that action needs be taken.

The Catholic Church must speak out against the American and international banks and credit card companies that are allowed to charge unreasonable interest. In the Church of the Middle Ages this was a heinous sin, called usury, that demanded punishment in hell and probably still does.

We are called to take care of the least among us and in doing so we should remember that the poor in America used to be the middle class of America. They got where they are now not of their own fault but because the rich banks and credit card companies overburdened them. And that is the sin. Food banks and clothing donations will certainly help but the great need is for this wrong to be corrected.

John Murphy, Madison

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In Letters to the editorIn banks , Catholic Charities , Catholic Church , credit card companies , poverty in America , unreasonable interest , usury

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