iSteve commenter Lot unloads his ideas for laws:
Let’s keep going comrade!
Hard usury cap of 10% + prior year’s CPI, no exceptions, never. If the borrower can’t get a loan below 12%, he shouldn’t get a loan period. Same for businesses too. I could be talked into an even lower cap.
No payday loans, though prior rule covers them completely, the cheapest payday lenders are around 40% apr, average is more than 100%.
Require a mailed physical signature before credit/debit cards can be autobilled, aside from things like utility payments.
Long jail sentences for robodial telemarking or anyone spoofing caller IDs and email headers. Waste 20 seconds of 10 million people, and that is stealing 6.24 years of time from them by fraud. Double that and you have a reasonable punishment.
No “rent to own.”
trade embargoes of all the little island tax havens. No business incorporated in the Caymans can have any operations in the USA.
Pharma ads require FDA pre-approval. No payments by pharma to practicing doctors under any circumstance, including “speaking fees” “conference expense reimbursement” and “research grants.” If you have the power to write a script, you can’t take a dime.
Toobin Tax on all trading put an end to “high frequency trading.” There is no legitimate reason to buy and sell a stock all within 1 second. It is all front running of actual investors.
Moderate but no-exceptions tax on large inheritances.
No federal student loans. College was affordable to the middle class before the federal student loan era, it will be again.
Federal ban on ex-felon voting.
Wisdom of our ancestors: sumptuary taxes on conspicuous consumption. Example: 10% tax on cars sold for more than 100k, shoes for more than $250, wine for more than $100, restaurant meals for more than $100/person.