To the editor:

Now that many banks have been bailed out and are under government control, here is a quick way to stimulate the economy. Lower the maximum interest rate on all credit card debt to 12 percent. Many people have found themselves trapped into 24 percent to 29 percent rates on their credit cards. If their current payment is $1,000 their new payment may drop to $500!

Now that is stimulating.

David Martin

Cape Coral