|
Printer-friendly format Email this thread to a friend Bookmark this thread |
This topic is archived. |
Home » Discuss » General Discussion |
kentuck (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:02 AM Original message |
Forgive all credit card debts... |
Printer Friendly | Permalink | | Top |
Doctor Hurt (472 posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:06 AM Response to Original message |
1. what are the details of the mathematical model |
Printer Friendly | Permalink | | Top |
kentuck (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:10 AM Response to Reply #1 |
6. There is no "mathematical model" at present... |
Printer Friendly | Permalink | | Top |
Cid_B (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 12:30 PM Response to Reply #6 |
57. Aside from morals, ethics and economic sense it looks like a great idea... |
Printer Friendly | Permalink | | Top |
roguevalley (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 11:33 AM Response to Reply #1 |
48. Let me know if this happens so I can run them up first. :-D |
Printer Friendly | Permalink | | Top |
On the Road (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:06 AM Response to Original message |
2. Canceling All Credit Card Debts |
Printer Friendly | Permalink | | Top |
kentuck (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:11 AM Response to Reply #2 |
9. "Why would you lend someone money if you might be just giving it away" |
Printer Friendly | Permalink | | Top |
On the Road (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:25 AM Response to Reply #9 |
23. Nothing Was Given to the Banks |
Printer Friendly | Permalink | | Top |
kentuck (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:58 AM Response to Reply #23 |
38. "Didn't cost the taxpayers anything" |
Printer Friendly | Permalink | | Top |
On the Road (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 05:07 PM Response to Reply #38 |
69. The Financial Excesses Cost the Economy Hundreds of Billions |
Printer Friendly | Permalink | | Top |
Chan790 (1000+ posts) Send PM | Profile | Ignore | Sun Jul-10-11 08:19 PM Response to Reply #38 |
72. Well, that and they paid us back with our own money. |
Printer Friendly | Permalink | | Top |
Tesha (1000+ posts) Send PM | Profile | Ignore | Sun Jul-10-11 08:09 PM Response to Reply #9 |
71. Poor leadership. (NT) |
Printer Friendly | Permalink | | Top |
roguevalley (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 11:34 AM Response to Reply #2 |
50. I remember when they were going to reform credit cards and |
Printer Friendly | Permalink | | Top |
On the Road (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 05:09 PM Response to Reply #50 |
70. I Don't Know the Details |
Printer Friendly | Permalink | | Top |
theophilus (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:08 AM Response to Original message |
3. And, for the RWers, it could be based on biblical principles. The Jubilee. |
Printer Friendly | Permalink | | Top |
Bluerthanblue (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:10 AM Response to Reply #3 |
5. whoops- beat me to it. |
Printer Friendly | Permalink | | Top |
theophilus (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:24 AM Response to Reply #5 |
21. It's an interesting concept that many don't know about. It jibes with the |
Printer Friendly | Permalink | | Top |
dkf (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:23 AM Response to Reply #3 |
19. Maybe that is why we have 30 year mortgages. Lol. |
Printer Friendly | Permalink | | Top |
Bluerthanblue (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:09 AM Response to Original message |
4. and to convince the religious right of this- call it the "Jubilee"- |
Printer Friendly | Permalink | | Top |
Fire1 (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:13 AM Response to Reply #4 |
10. LOL!!! n/t |
Printer Friendly | Permalink | | Top |
hack89 (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:11 AM Response to Original message |
7. You want to end consumer credit forever? |
Printer Friendly | Permalink | | Top |
kentuck (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:13 AM Response to Reply #7 |
11. Just think of it as a fine for bringing down our economy. |
Printer Friendly | Permalink | | Top |
hack89 (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 12:51 PM Response to Reply #11 |
59. State banks? Really? |
Printer Friendly | Permalink | | Top |
Occulus (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 11:09 AM Response to Reply #7 |
40. Either you pass the law far in advance of it taking effect OR |
Printer Friendly | Permalink | | Top |
hack89 (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 11:57 AM Response to Reply #40 |
53. Do you also put future limits on people;s credit |
Printer Friendly | Permalink | | Top |
NNN0LHI (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:11 AM Response to Original message |
8. Let me know when they are going to do this so I can take out a cash advance first |
Printer Friendly | Permalink | | Top |
kentuck (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:15 AM Response to Reply #8 |
12. I have heard that this has been discussed in high circles. |
Printer Friendly | Permalink | | Top |
elocs (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:18 AM Response to Reply #12 |
15. Yes, I'm sure those circles are very high. They would have to be. n/t |
Printer Friendly | Permalink | | Top |
MilesColtrane (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:25 AM Response to Reply #15 |
22. Bazinga! |
Printer Friendly | Permalink | | Top |
elocs (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:16 AM Response to Original message |
13. In what universe would such a proposal be "seriously" considered? |
Printer Friendly | Permalink | | Top |
kentuck (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:18 AM Response to Reply #13 |
14. Laws are laws when they are passed.. |
Printer Friendly | Permalink | | Top |
muriel_volestrangler (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:23 AM Response to Reply #14 |
18. No, it would be up to the Supreme Court to decide |
Printer Friendly | Permalink | | Top |
Fuddnik (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 11:25 AM Response to Reply #18 |
43. Attatch a rider to the bill firing them all immediately. |
Printer Friendly | Permalink | | Top |
MadHound (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:19 AM Response to Original message |
16. And for those of us who have lived within our means, |
Printer Friendly | Permalink | | Top |
dems_rightnow (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:24 AM Response to Reply #16 |
20. Gosh no. |
Printer Friendly | Permalink | | Top |
hughee99 (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:30 AM Response to Reply #16 |
26. You get to find a new place to keep your money, |
Printer Friendly | Permalink | | Top |
kentuck (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:36 AM Response to Reply #26 |
30. Yeah, sure. |
Printer Friendly | Permalink | | Top |
hughee99 (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:48 AM Response to Reply #30 |
34. The banks will lose more on this deal |
Printer Friendly | Permalink | | Top |
ejpoeta (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:21 AM Response to Original message |
17. see, i think what would have been great is if instead of giving banks all that tarp money |
Printer Friendly | Permalink | | Top |
kentuck (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:32 AM Response to Reply #17 |
27. You got it! |
Printer Friendly | Permalink | | Top |
dkf (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:26 AM Response to Original message |
24. Screwed up your credit with indiscriminate spending? |
Printer Friendly | Permalink | | Top |
Cant trust em (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:29 AM Response to Original message |
25. Can you let me know when this is gong to happen so I can go out and buy some unnecessary shit? |
Printer Friendly | Permalink | | Top |
kentuck (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:36 AM Response to Reply #25 |
29. Many folks did not use their credit cards for "unnecessary" shit. |
Printer Friendly | Permalink | | Top |
Cant trust em (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 11:29 AM Response to Reply #29 |
45. Credit cards aren't issued. They are applied for and accepted. |
Printer Friendly | Permalink | | Top |
lumberjack_jeff (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:32 AM Response to Original message |
28. Better yet, a $500 coupon for any american-made product. |
Printer Friendly | Permalink | | Top |
Still Waters (85 posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:39 AM Response to Original message |
31. How about lowering all interest rates on mortgages and CC debt |
Printer Friendly | Permalink | | Top |
kentuck (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:42 AM Response to Reply #31 |
32. Because we need a massive influx of spending to save this economy... |
Printer Friendly | Permalink | | Top |
davsand (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 12:20 PM Response to Reply #32 |
56. Actually, cutting credit card interest probably would help a lot of people. |
Printer Friendly | Permalink | | Top |
Cant trust em (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 12:34 PM Response to Reply #32 |
58. Eliminating debt so that people can spend and create more debt is not a radical idea. |
Printer Friendly | Permalink | | Top |
metalbot (234 posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:55 AM Response to Reply #31 |
37. Would we bail out the banks again? |
Printer Friendly | Permalink | | Top |
badtoworse (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:47 AM Response to Original message |
33. This is a joke, right? |
Printer Friendly | Permalink | | Top |
flamingdem (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:48 AM Response to Original message |
35. So what do those who live within their means get out of this deal? nt |
Printer Friendly | Permalink | | Top |
Fuddnik (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 11:28 AM Response to Reply #35 |
44. A cookie. |
Printer Friendly | Permalink | | Top |
flamingdem (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 11:29 AM Response to Reply #44 |
46. more like a shit sandwich nt |
Printer Friendly | Permalink | | Top |
badtoworse (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 11:34 AM Response to Reply #46 |
49. +1 |
Printer Friendly | Permalink | | Top |
Lucian (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 02:34 PM Response to Reply #35 |
65. Oh yeah. Because all people who have CC debt are those who live outside their means. |
Printer Friendly | Permalink | | Top |
abelenkpe (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 10:55 AM Response to Original message |
36. Jubilee makes more sense and is more humane |
Printer Friendly | Permalink | | Top |
blindpig (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 11:06 AM Response to Original message |
39. Nice idea, but... |
Printer Friendly | Permalink | | Top |
Speck Tater (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 11:18 AM Response to Original message |
41. Sure. We rewarded the bankers for irresponsibility. |
Printer Friendly | Permalink | | Top |
Broderick (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 11:23 AM Response to Reply #41 |
42. +1 |
Printer Friendly | Permalink | | Top |
Gormy Cuss (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 11:32 AM Response to Original message |
47. "There are few consumers that are not burdened with credit card debt." -sorry, that's wrong. |
Printer Friendly | Permalink | | Top |
Fuddnik (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 11:37 AM Response to Original message |
51. Kick and Rec! |
Printer Friendly | Permalink | | Top |
Dreamer Tatum (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 11:49 AM Response to Original message |
52. Stupid idea. |
Printer Friendly | Permalink | | Top |
dbonds (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 12:02 PM Response to Original message |
54. The whole sham of our money system is based on people using credit. |
Printer Friendly | Permalink | | Top |
backwoodsbob (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 12:19 PM Response to Original message |
55. no credit cards here |
Printer Friendly | Permalink | | Top |
NutmegYankee (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 12:59 PM Response to Original message |
60. I guess those of us with no credit debt just get screwed. |
Printer Friendly | Permalink | | Top |
noiretextatique (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 01:39 PM Response to Original message |
61. i propose a "salary holiday" for republicons and the democrats who admire them |
Printer Friendly | Permalink | | Top |
kentuck (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 01:47 PM Response to Original message |
62. If the entire government can default on its debt? |
Printer Friendly | Permalink | | Top |
Zax2me (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 02:17 PM Response to Original message |
63. Ha. |
Printer Friendly | Permalink | | Top |
saras (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 02:26 PM Response to Original message |
64. Let me know before it happens so I can put my student loans on credit cards |
Printer Friendly | Permalink | | Top |
Lucian (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 02:35 PM Response to Original message |
66. Either that, or forgive student loans. |
Printer Friendly | Permalink | | Top |
StarburstClock (583 posts) Send PM | Profile | Ignore | Sat Jul-09-11 02:35 PM Response to Original message |
67. I've been suggesting a 5% Debt Reconciliation Act to restructure all private debt |
Printer Friendly | Permalink | | Top |
HopeHoops (1000+ posts) Send PM | Profile | Ignore | Sat Jul-09-11 02:37 PM Response to Original message |
68. Actually, just capping credit card interest rates at the nominal savings account interest rate.... |
Printer Friendly | Permalink | | Top |
TroglodyteScholar (1000+ posts) Send PM | Profile | Ignore | Sun Jul-10-11 08:22 PM Response to Original message |
73. What about those of us who didn't spend more than we could afford? |
Printer Friendly | Permalink | | Top |
RB TexLa (1000+ posts) Send PM | Profile | Ignore | Sun Jul-10-11 08:31 PM Response to Original message |
74. So just throw contract law in the garbage? |
Printer Friendly | Permalink | | Top |
DU AdBot (1000+ posts) | Mon May 06th 2024, 11:55 PM Response to Original message |
Advertisements [?] |
Top |
Home » Discuss » General Discussion |
Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators
Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.
Home | Discussion Forums | Journals | Store | Donate
About DU | Contact Us | Privacy Policy
Got a message for Democratic Underground? Click here to send us a message.
© 2001 - 2011 Democratic Underground, LLC