boedicca
Uppity Water Nymph from the Land of Funk
- Feb 12, 2007
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That is a different issue. And I am concerned about that.1. The government has an agenda to eliminate cash so that all transactions can be traced.
2. Digital financial services are an oligopoly with a great deal of regulatory a capture.
That's what I want to know. What pressure are politicians putting on these corporations to act contrary to their pecuniary interests? THAT is what need to be discovered and PROSECUTED TO THE FULLEST EXTENT OF THE LAW, rather than fucking with the liberty of the creditor.3. Politicians will pressure the financial services forms to carry out their political agendas (i.e., gun control).
Others will emerge and compete. Others will take their market share. The free market will work.4. Citi will not be the only one to censor commerce
Don't you see the complete irony in this whole scenario? The action taken to prevent Citi and others from freedom in lending practices is the VERY INSTRUMENT that will get you that Chinese-style system.5. This will end up being very similar to China's social credit system.
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Congratulations on the very impressive ostrich impersonation.
Try reading something besides Prog press releases.