Re: Isolationism is history.
On Fri, Jan 30, 2004 at 05:51:13PM -0800, Paul Johnson wrote:
> And a bit friendlier to those who get dumped on their ass due to
> unforseen circumstances. The whole idea of credit ratings tends to
> cause a lot of false positives for people who intend to pay but lose
> their job or get screwed by roommates, etc.
Well, I agree with that but lets not get the issues confused: I was
how poorly the Credit bureaus manage the data that, rightly or wrongly,
I have credit trouble too but I'm enough of a hardass on myself to know
that nobody pointed a gun at my head and made me make the choices I
made. However, I do get quite upset at how carelessly and irresponsibly
private organizations make life-affecting decisions about me *and*
manage that responsibility so poorly and with such little security.
My phrase for the situation is: "faithless stewardship". He who has
power has responsibilty to manage that power well.