2009-04-11, 13:35 | Link #861 | |
I disagree with you all.
Join Date: Dec 2005
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And apparently, our paperwork is worse... Also, there's a strict, legal limit to how much we can borrow based on our income. And the possibility of being blacklisted by the banks - that means no check or debit card. I'm not saying our system is better. But it is possible to lend and borrow without looking to deeply into people's history. And I'd just like to note that your Credit Score system didn't save us from the financial crisis. |
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2009-04-11, 14:03 | Link #862 | |
Not Enough Sleep
Join Date: Nov 2003
Location: R'lyeh
Age: 48
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As one of the poster on page you link to. The French system seems more like the Chex system for American banks. However i did note that the blogger said that if the French were aware of how much she had in student loans, she would not be able to get loans in France. So to me that means the French do have some sort of credit score system. Not the same as ours but they are tracking how many loans a individual has and how big they are.
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Last edited by Xellos-_^; 2009-04-11 at 15:10. |
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2009-04-11, 14:56 | Link #863 | |
I disagree with you all.
Join Date: Dec 2005
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Quote:
I don't know if the banks tell each other these things (I don't think it's even legal, without a waiver signed by you), or if they just ask you. But let's say you had a financial problem last year, failed to pay a few credit card bills, but set everything right between then and now. Then it shouldn't matter to you getting a loan or not. |
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2009-04-15, 17:57 | Link #864 |
Senior Member
Join Date: Jul 2008
Location: PMB Headquarters
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Considering what Obama has been doing lately with regards to the economy, I am starting to have doubts of his capability to lead a nation and fix the economic crisis. I think he does not have the ability to succeed. If this feeling of mine is correct, then the next 4 years will be tough luck for the world, especially the ones who live in the States.
20 more days and it will be his first 100 days in office, nothing achieved. Very impressive! |
2009-04-15, 21:35 | Link #865 |
Observer/Bookman wannabe
Join Date: Oct 2006
Location: Singapore
Age: 39
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If one thinks that this crisis can be solved within the first 100 days, perhaps you want to rethink your train of thought. This problem would not be solved, even in a year or two. The fact is that the administration has to be reminded that there are OTHER pressing stuff besides the crisis. Long-standing elephants in the living room include the Arab-Israeli conflict, and North Korea.
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2009-04-15, 22:26 | Link #866 |
ひきこもりアイドル
IT Support
Join Date: Feb 2009
Location: Pennsylvania , United States
Age: 35
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Noone expects the administration to solve the crisis within 100 days... It's going to take time until recovery comes... even though the worst is already over. Remember, they inherited the crisis from the Bush Administration which did little to try to fix the problem.
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2009-04-15, 22:28 | Link #867 | |
Senior Member
Join Date: Jul 2008
Location: PMB Headquarters
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2009-04-15, 23:10 | Link #868 | |
Senior Member
Join Date: Apr 2007
Location: East Cupcake
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I would say, even if the majority of the "promises" he is working on are smaller scale, the sheer fact that he has started (or finished) the process of working on so many is a good sign of progress, even if only slow and steady... |
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2009-04-16, 00:06 | Link #869 | |
Senior Member
Join Date: Feb 2009
Age: 35
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2009-04-16, 00:48 | Link #870 |
Senior Member
Join Date: Apr 2007
Location: East Cupcake
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^That wasn't quite my point. I am not currently trying to criteque Obama's Presidency (we have another thread set up specifically for that). Rather, I was disagreeing with the notion that Obama has made no progress what so ever, and that nothing has been achieved (which is why I used the clear number count of campaign promises and those that have been presently addressed as a means of showing that the President has been working on what he originally said he would be working on).
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2009-04-16, 04:10 | Link #871 | |
Observer/Bookman wannabe
Join Date: Oct 2006
Location: Singapore
Age: 39
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Quote:
On the economic front, things are not yet moving at a radical pace. The house-cleaning just began.
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2009-04-16, 06:30 | Link #872 | |
Senior Member
Join Date: Feb 2009
Age: 35
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2009-04-16, 06:43 | Link #875 |
Observer/Bookman wannabe
Join Date: Oct 2006
Location: Singapore
Age: 39
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Well, it's your choice. And I thought the term "war on terror" was already dropped?
The ground forces are facing a well-known challenge in Afghanistan. This land chews up foreign armies and spits them out without a second thought. Given the shortage of funds, people should watch this front tightly.
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2009-05-22, 22:34 | Link #876 | |
ひきこもりアイドル
IT Support
Join Date: Feb 2009
Location: Pennsylvania , United States
Age: 35
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Obama signs a Credit Card bill which limits credit card companies to charge or raise the interest rates... but the question is... will it work since it doesn't go in effect until February 2010
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2009-05-23, 21:41 | Link #878 |
ひきこもりアイドル
IT Support
Join Date: Feb 2009
Location: Pennsylvania , United States
Age: 35
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Since they passed a provision that allows concealed weapons into parks... yes.. it was probably used so it will gain Republican support, but now national parks are unsafe because people can now bring weapons. He should of thought about that provision before passing the bill...
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2009-05-24, 01:23 | Link #879 |
Obey the Darkly Cute ...
Author
Join Date: Dec 2005
Location: On the whole, I'd rather be in Kyoto ...
Age: 67
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National parks weren't very safe *before* people could legally take weapons there.... wildlife and human predators are a problem when law enforcement can be hundreds of miles away and there's no cell coverage.
People who carry concealed permits undergo background checks and many states require training both legal and tactical. Many people who *live* near national parks *have* to cross their boundaries to live their daily lives. The support for the amendment was bipartisan amongst western and large state congressmen who understand the problem. It had nothing to do with "urban concentration" issues of gun ownership. (and little to do with the economic crisis). The *best* estimates I've ever seen on the economic mess is 2-4 years before any significant recovery. The most I'll critique Obama for is that Geithner(?) is way too chummy with the fatcats who need to share the pain they oversaw and don't seem to want to. The finance boys have had a "free lunch" for the last 25 years and now are scrambling to avoid the tab. The Republicans are totally bereft of working ideas at the moment -- 8 years of Bush seems to have sucked whatever clues out of them they had in the 90s.
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2009-05-26, 04:34 | Link #880 |
Senior Member
Join Date: Mar 2003
Location: China
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Leaving aside the usual pork that come with bills, there will likely be unintended consequences arising from this bill. Everything from (1) more - and possibly higher - annual fees to (2) immediate higher rates instead of teasers to (3) immediate charging of interest without grace periods to etc. Banks don't provide credit for no reason, and if they can't make money, then they will either stop or charge more.
OTOH, if this means people save more - perhaps due to an immediate notice that they have less money in their bank accounts - that isn't a bad thing. At least, not on a personal and individual level.
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