Re: On Credit Cards

["Harry Veeder" <eo200@xxxxxxxxxxxxxxxxxxx>]

It is more like "Big Responsiblism". ;-)
If it is like "Big Brotherism", then so is a
vehicle permit and a drivers license.

Remember credit cards are a relatively new
technology. It is like living in the early days of
the automobile. As the number of cars grew
new laws and regulations were needed.

Harry Veeder

----------
>From: Sven R Larson <larson@xxxxxx>
>To: pkt@xxxxxxxxxxxxxxxx
>Subject: Re: On Credit Cards
>Date: Fri, Mar 23, 2001, 10:38 am
>

>Are you saying the government should have the right to distinguish
>suitable credit card holders from unsuitable ones? Sounds pretty much
>like Big Brotherism to me.
>/srl
>
>Harry Veeder wrote:
>>
>> I think credit card owners should be expected to have insurance,
>> and perhaps they should be licensed by the government like car owners.
>> Like most drivers who see themselves as good drivers, credit card
>> holders see themselves as good credit risks. However, just as people
>> with a spotless driving record can experience misfortune so too can people
>> with a spotless credit record.
>>
>> Harry Veeder
>
>--
>Sven R Larson
>PhD; Assistant professor of economics
>Department of Social Sciences, Bldg. 22.2
>Roskilde University
>Pb 260
>DK-4000 Roskilde, Denmark
>Phone: (+45) 4674 2910
>