patrick.net

In other words everyone deserves instant risk free gratification.

Credit unworthy people deserve mounds and pile of credit, but they don't deserve risk mitigation of fees and rates?

Well what if the credit card companies just stop giving out cheap credit, unless those customers proved the past three months of employment, and other financial proof. Say the credit card companies ask for proof quarterly to continue their credit line with you.

Nah that wouldn't be fair either, would it?

Everybody is innocent, and nobody is accountable, it's the Goddamn banks fault.

ZippyDDoodah says

What other recourse would you recommend to enforce a legal business contract? If you own rental property and charge an “above market” rent, if your tenant refuses to pay you rent and refuses to move out, do you think government run courts should “butt out” and not help you evict them? Please.

If the lease is not a valid contract for some reason, then it's as if it doesn't exist in the eyes of the court. The landlord still has legal recourse, since it's his property.

Tenouncetrout says

In other words everyone deserves instant risk free gratification.

I most definitely did not say that, or even agree with it.

I'm just saying if you're a creditor, don't come crying to the Uncle Sam to wipe your ass if you're a high interest lender and they don't pay, and don't expect them to help you collect.

I agree, the world would be a better place if both the thieves and their Victims were left up to the free market forces. Instead of demonizing one, and bailing out both.

Tim Geithner didn't pay his taxes. Yet he is needed by the New World Order to keep the crony financial system together. So much for running a credit report on him!

I don't buy that personal financial trouble translates into the inability to do work competently and honestly. Trust me, this is about the banks keeping people paying crap loans back.

GaryA says

I don’t buy that personal financial trouble translates into the inability to do work competently and honestly. Trust me, this is about the banks keeping people paying crap loans back.

My solution is simple, I charge 20% more per hour or yearly Salary, for Credit report requirements, and 20% for background checks, and I'll piss in a cup if they'll drink it.

Try not to work for such companies, then Wallmart wont grow so strong to be the only employer you can find.

I manage just fine to avoid such intrusions from employers, and wouldn't want to work for those that do have those policies.

You forget people are willing Slaves, employer based Healthcare is full proof of that. I predict at this rate, the majority of Americans will be like 1849 West Virginia Coal Miners, every day you wake up you're more in debt to the company store. And if you don't like they'll call in the Pinkertos and mow the camp down and replace all of the corpses with those at the fence looking in, wanting work.

Ha, how true Tenounce. BTW I started a new thread about fighting the NWO. It is a good article.

The ponzi banks wanted ponzi and usury and their greed was evident. They also knew they would be bailed out. Then they get the house back in the end. What crimes here!