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2006-12-12 Home Front: Culture Wars

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Posted by .com 2006-12-12 03:45|| || Front Page|| [11134 views since 2007-05-07] Top

#1 Secure identities as in a national identity card would kill this nonsense stone dead.

Posted by phil_b 2006-12-12 04:27|| 2006-12-12 04:27|| Front Page Top

#2 This is just so evil. These people really need to be punished in a physical way, it's the only thing that will "cure" them, the fear that the physical pain will be revisited on them.

Posted by Sock Puppet of Doom 2006-12-12 04:30|| 2006-12-12 04:30|| Front Page Top

#3 To put this on a broader level, isn't the very nature of western european retirement systems amounting to stealing your child's credit?
Or, say, for France, the constant borrowing of money to simply keep the budget afloat (debt being 67% or 130¨of the GNP, according on how you count)?

Posted by anonymous5089 2006-12-12 06:01|| 2006-12-12 06:01|| Front Page Top

#4 I had my computer stolen and it had all my families SSN's on it. I called to have my credit blocked and and it was no problem for me and my wife. My kids were another story. Since they were minors they could not, or would not, block their credit!!!! This will only get worse until the laws are change to protect our kids.

Posted by 49 Pan">49 Pan 2006-12-12 08:08|| 2006-12-12 08:08|| Front Page Top

#5 ...This has actually been a rising problem for a few years now, and I'm frankly surprised it hasn't gotten more publicity. In my former job at a local ~~loanshark~~ finance company, we were seeing this start to be a serious matter among those of our customers who were getting disability and SSI checks for minor children.

Mike

Posted by Mike Kozlowski 2006-12-12 09:52|| 2006-12-12 09:52|| Front Page Top

#6 The CCC's should have to pay for the restoration.

Which are basically the banks. And the banks don't care cause they simply pass any bad accounts on to all the other card holders. Notice that when the inflation hit during the last Carter years the banks quite lending till the states altered their usury laws. Back then rates were capped under 10 percent. They got the state legislatures to remove all caps rather than float a percentage above prime. So interest rates went to 21 percent. Inflation was throttled during the Reagan years and prime dropped to under 6 percent but credit card interest rates grudgingly came down from 21 to 18, then 18 to 15, and over a decade latter from 15 to 12. Its a gold mine built on the backs of everyone else without the banks carrying any real liability for issuing cards and credit to students, kids, or dogs. You start the tighten up the system and watch them scream that it is discriminatory against the poor and minorities who make up a disproportion of the poor. No, its a threat to their rape of the serfs. The new indentured population. No one is entitled to credit. Its earned. Way past time for interest to be capped by the prime by which these same banks get their float from the Federal Reserve and past time that they can dump their bad practices upon the backs of others. Time for the banks profit to take a big hit for improper lending practices. Make it hurt and theyll pay attention.

Posted by Procopius2k 2006-12-12 11:27|| 2006-12-12 11:27|| Front Page Top

#7 But for a combination of reasons, the actual number of child victims is likely to be much higher

You knowlikesome Illegal Aliens are less Undocumented then others.

Posted by DepotGuy 2006-12-12 11:36|| 2006-12-12 11:36|| Front Page Top

#8 As recently as the mid-70s this wouldn't have been a problem, as minors couldn't enter into a contract, which credit would entail. I'm not too sure what happened to this principle. Perhaps one of our legal experts could explain.

Posted by Fred 2006-12-12 13:12|| 2006-12-12 13:12|| Front Page Top

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