What the law actually states is (basically) a defaulted loan must be forgiven after seven years. In other words, it is illegal to continue to attempt to collect on a loan, 7 years after the default.
However, it is perfectly legal to remember that an individual failed to
At 11:18 AM 4/10/04 -0400, Tyler Durden wrote: pay
back a loan. In practice, this means that a large brand-name Credit Card company can choose not to send an offer to someone that defaulted 10 years ago.
Thanks for the distinction, however it still makes CC folks slaves of the State. Suppose Joe Badcredit finds a blank application and applies? The State then uses violence to coerce the CC into non-consensual transactions.
And the responsibles need killing.
Well, in a lot of cases I agreed with May's sentiment, even if I'm not entirely sure this would do much. However, as for putting the Jews and blacks up chimneys, well add to that what appears to be an almost State
Corporatism stance,
First, no one (but you) mentioned subcultures, which is what TM typically referred to (not subraces). Second, corporations generally welcome anyone with money to buy their stuff, even if the corp folks don't condone the culture of the buyers. Not sure what you mean by 'state corporatism', which sounds like euphemized state collectivism.
But those are side issues. At least, aside from the technical content, I still view May's harshest rantings as a sort of Fredom of Speech acid test...if one would try to forcibly or legally shut him down, then one probably "needs killing".
Freedom is only tested when you find it objectionable. (And BTW you're the one injecting some of Tim's other rants; why?) Those who use violence against others (deprivation of freedom) have earned the same. Especially if its state violence. Dig? PS: I saw a bit of news on pills to help people forget. Eg to help avoid post traumatic stress. One of the more objectionable objections to this was that witnesses might become unreliable. As if the state had some right to force you to remember something. (And tequila works pretty well although you need to get inside the consolidation window.)
On Sat, Apr 10, 2004 at 10:33:39AM -0700, Major Variola (ret) wrote:
Thanks for the distinction, however it still makes CC folks slaves of the State. Suppose Joe Badcredit finds a blank application and applies? The State then uses violence to coerce the CC into non-consensual transactions.
No. AIUI the CC company is not obligated by the state to offer joe any credit at all in response to his application. They may reject him based on his nonpayment twenty years later. They simply may not attempt to collect the old debt. Also, in practice, the people who aggregate such information from other creditors will have a hard time reporting on the old default. But you are not obligated to extend any credit that you do not wish to extend.
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Major Variola (ret)
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petard