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Re: Scavengers vs. Judges


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Posted by Keyser Soze (152.163.253.37) on July 22, 2003 at 20:28:31:

In Reply to: Re: Scavengers vs. Judges posted by scott on July 22, 2003 at 10:08:19:

Laws are made by our legislature, at least that's what we were taught in school. In real life, legislatures defer to cash, lots of it. As they need the 'expertise' of professionals in say, the banking field to write banking law, they allow lawyers for the banks and credit card issuers to actually write the laws for them, which they in turn ratify.
Yes, it is absurd but as, oh, who was it anyhow, WhyChat probably knows well the answer. Either George Bernard Shaw or one of his contemporaries stated that 'The law is an Ass." Ezra Pound, maybe?
Yes, it is ridiculous. The bank 'charged off' the debt and took a tax break of thirty five cents for every dollar lost. They don't want your money and can't accept it anyhow, neither from you nor the CA. The CA buys these dead accounts in quantities and files suits by the dozen. If they get a few default judgements out of a hundred lawsuits and collect on a couple they are making money, which they pocket.
Your credit is ruined, the bank is not paid back and doesn't want to be. The whole mess is insane, it's just the way it is. Basically, this is extortion. People who have no right to do so can haul you into court in hope of using the free resources of government to perform their goonwork for them, chiefly grabbing your money.
The law allows them to do this, laws written purely for the convenience and crooked gain of those who need more money the way any of us needs piles.

Conveniently,

Keyser Soze




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