Re: On Credit Cards

["Harry Veeder" <eo200@xxxxxxxxxxxxxxxxxxx>]

My primary suggestion was mandatory credit card insurance.
This does require some government oversight.
Forget about the other stuff.

Harry Veeder

----------
>From: "schulte-baeuminghaus" <cresscourt@xxxxxxxxx>
>To: Harry Veeder <eo200@xxxxxxxxxxxxxxxxxxx>
>Subject: Re: On Credit Cards
>Date: Fri, Mar 23, 2001, 7:22 pm
>

>Harry,
>
>I'm not likely to kill anyone with a credit card - even myself however
>far behind I get.
>I'm not likely to put myself or others in a wheelchair either.
>If credit cards, what else will I need a licence for?
>For a home mortgage?
>To buy a car on credit?
>A computer by instalments?
>What is more necessary is to attach more discipline to the credit card
>companies and the purveyors of consumer credit who charge high rates
>and exploit the vulnerable.
>
>James Cumes
>
>
>----------
>>From: "Harry Veeder" <eo200@xxxxxxxxxxxxxxxxxxx>
>>To: pkt@xxxxxxxxxxxxxxxx
>>Subject: Re: On Credit Cards
>>Date: Fri, Mar 23, 2001, 1:36 pm
>>
>
>>
>> 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
>>>
>