predatory lending

Jonny_B

Erect Member
Oct 14, 2004
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Why haven't lawmakers used the same logic which makes drug use illegal to make certain credit products illegal? (payday loans, high interest credit cards) It's another case of the guilty party not being able to say no to something so the government has to make it illegal for their own good.
 
ugh because making drug use illegal is pretty damn illogical as it is? :tard:

What do you mean the guilty party can't say no? Whose fucking fault is it if you got high interest credit card and maxed it out? Yours. Whose fault is it if you got a title-loan and then repo'd your car because you couldn't pay? Yours and yours alone.
 
ugh because making drug use illegal is pretty damn illogical as it is? :tard:

What do you mean the guilty party can't say no? Whose fucking fault is it if you got high interest credit card and maxed it out? Yours. Whose fault is it if you got a title-loan and then repo'd your car because you couldn't pay? Yours and yours alone.
right, but i'm wondering why those who agree that drugs should be illegal (who don't seem to think that people should be given the option because they apparently can't handle the outcomes) don't pass similar laws based on the apparent inability of an awful lot of people to keep out from under crippling debt.
 
right, but i'm wondering why those who agree that drugs should be illegal (who don't seem to think that people should be given the option because they apparently can't handle the outcomes) don't pass similar laws based on the apparent inability of an awful lot of people to keep out from under crippling debt.

Because being illogical on one subject does not mean one will be illogical on other subjects. That would be illogical.


Illogical.



Illogical!


ILLOGICAL!


ILLOGICAL!!!!!

/sarek
 
right, but i'm wondering why those who agree that drugs should be illegal (who don't seem to think that people should be given the option because they apparently can't handle the outcomes) don't pass similar laws based on the apparent inability of an awful lot of people to keep out from under crippling debt.

Different people have different pet things they want to ban. Lot's of government jobs are created to fight the drug war, easy to sell. Government jobs would be lost without people defaulting on loans.
 
The business of government requires it to slowly move forward. The key is slowly. They can't actually fix everything because then there would be nothing to do next year. They always have to look like they're pushing forward.

When there's a war you can expect (and are seeing) very little movement on things like this. Don't worry, they'll do something about it eventually, to grow their size and say that they did something useful.