Feel unfair about coveted 18% interest rate? US Congressmen can also enjoy 18% interest if they loan their own money to their political funds and charge them with 18%. rate. They can use the political fund to hire their children and their mistresses (as in the 2006 John Edwards scandal) and pay them exorbitant salaries. They can use the money for all of their personal expenses such as personal travelling, vacation, dining, football game and so on as long as the money is from their own PAC (political action committee) fund as in tonight's CBS "60 Minutes". Wow, how many politicians are really clean? Power really leads almost everyone to corruptive trajectory simply because very few can resist so many lucrative perks given to them LEGALLY.
http://www.cbsnews.com/8301-18560_162-57608255/washingtons-open-secret-profitable-pacs/
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