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Sanders wants to replace credit reporting companies with public credit registry

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Re: Sanders wants to replace credit reporting companies with public credit registry

#121

Post by niij »

fucking_tragedy wrote: post #108
niij wrote: post #104

Earlier quoted context omitted.

> hassle-free state IDs What hassle? Nearly everyone has them already for driving and they're valid for 6+ years. Might take an hour or two of your time every 6 or so years.

Or you can just send every eligible voter their voting license when they turn 18 and cut out the middleman.

Sounds like a good idea to me, for those without driver's license it'd provide a way to vote without the hassle of getting a non-drivers ID card.

Only issues I could think of are: 1. No central registry of addresses, so how would the government know where to send the IDs. 2. Where would the photograph for the ID come from? 3. Possible fraud/abuse from stolen mail

Re: Sanders wants to replace credit reporting companies with public credit registry

#122

Post by youeseh »

SamReidHughes wrote: post #72
oscar_wong67 wrote: post #29

Earlier quoted context omitted.

Poor people don't have IDs because they don't drive and don't have driver's licenses, and they don't have the work flexibility or the luxury to go to the DMV, afaik

And they definitely don't buy alcohol.

What do you think is the cost of making an additional ID? Probably 1/2 hour of work (if that), printing and mailing.

So, like, a 24-pack of expensive hipster brew? $50?

It costs $31 to get an ID in California, and $9 if you can't afford $31.

They can afford their booze and still get an ID here, and hopefully in other states too.

Re: Sanders wants to replace credit reporting companies with public credit registry

#123

Post by randycupertino »

no_wizard wrote: post #110

Having known lots of people in the lending industry not a single one of them believes that the current credit rating system (with many I’ve talked to pointing out FICO in particularly) had any real net positive impact on the average person not so they seem to believe that banks or other lending institutions have derived any other even fit than a loophole for setting interest rates high for as many people as possible.…

Having worked as an apartment manager, I can say that credit ratings were the single best factor for selecting a good tenant. I gave three tenants with bad credit a shot (single mom I felt bad for, blue color couple who seemed really nice and hardworking at screening and a couple who moved from abroad and had no credit at all) and I got burned by all of them ending up missing rent and needing to evict, sob stories and late rent, or causing other problems and fighting with their neighbors. After those experiences I basically only selected people above 750 to for our units and it always seemed like the higher the credit score yielded us responsible tenants who paid on time, didn't cause headaches at the building and left their units in good condition when they moved out.

As an aside, one interesting thing I noticed over the years fielding applications for open units, EVERY single person in the world who has bad credit or subpar credit apparently has the same psycho ex. It was rather amusing hearing that story over and over again. If you have poor credit and you're trying to rent a place- own up to it and be honest about why it's bad!

Re: Sanders wants to replace credit reporting companies with public credit registry

#124

Post by toomuchtodo »

abtinf wrote: post #109
toomuchtodo wrote: post #60

Earlier quoted context omitted.

This can already be done with voting and party affiliation records and mortgage guidelines administered by FHFA (Fannie/Freddie/HUD), but isn’t. Government is accountable to an electorate, private businesses are not (see: Equifax).

If government is so accountable, why are there only three credit rating agencies? Why does equifax still exist? Government created this oligopoly and won’t let any new players into the market.

Anyone can start a CRA, there is no legislation or regulation stopping competitors from popping up, although I agree it’s government’s fault there is no legislation to provide a corporate death sentence for egregious data breaches.

Re: Sanders wants to replace credit reporting companies with public credit registry

#126

Post by [deleted] »

wastman wrote: post #74
egdod wrote: post #66

Sounds a lot like the creepy Black Mirror shit China is doing.

Companies like Equifax are already selling your credit data and handling it irresponsibly. I'd rather have my credit data be held by the government than the idiots at Equifax.

[deleted]

Re: Sanders wants to replace credit reporting companies with public credit registry

#127

Post by asabjorn »

jimclegg wrote: post #107
sverige wrote: post #64

Earlier quoted context omitted.

This is the silliest argument against voter ID laws ever, and should be retired. [0] [1] [2] [0] https://www.vox.com/identities/2017/3/15/14909764/study-vote... [1] https://www.nytimes.com/2019/02/12/opinion/voter-id-study-re... [2] https://m.youtube.com/watch?v=rrBxZGWCdgs

Wow this thread reeks of classism. You can't imagine an American that cannot afford $50-100 for a government I.D.? You can imagine (& possibly smell) the feces on the street but not the poor people who excrete it? We know most Americans can't come up with $400 for an emergency, are you going to act like this won't impact voting? This thread is why people are forcing diversity quotas even when it seems unnecessary, in…

You need a government ID to apply for food stamps or welfare or medicaid/social security, and to apply for unemployment or a job. It would seem like a poor person would utilize those services.

Also, you need an ID to have a bank account, buy a cellphone, buy alcohol or cigarettes.

Re: Sanders wants to replace credit reporting companies with public credit registry

#128

Post by fucking_tragedy »

niij wrote: post #121
fucking_tragedy wrote: post #108

Earlier quoted context omitted.

Or you can just send every eligible voter their voting license when they turn 18 and cut out the middleman.

Sounds like a good idea to me, for those without driver's license it'd provide a way to vote without the hassle of getting a non-drivers ID card. Only issues I could think of are: 1. No central registry of addresses, so how would the government know where to send the IDs. 2. Where would the photograph for the ID come from? 3. Possible fraud/abuse from stolen mail

Other countries were able to figure it out, so can we. Voting license proponents never seem to want to send eligible voters their free voting licenses, though.

Re: Sanders wants to replace credit reporting companies with public credit registry

#129

Post by youeseh »

sverige wrote: post #64
oscar_wong67 wrote: post #29

Earlier quoted context omitted.

Poor people don't have IDs because they don't drive and don't have driver's licenses, and they don't have the work flexibility or the luxury to go to the DMV, afaik

This is the silliest argument against voter ID laws ever, and should be retired. [0] [1] [2] [0] https://www.vox.com/identities/2017/3/15/14909764/study-vote... [1] https://www.nytimes.com/2019/02/12/opinion/voter-id-study-re... [2] https://m.youtube.com/watch?v=rrBxZGWCdgs

Hey, I watched the video and found it interesting that the guy interviewed people in Berkeley and New York - places where voter suppression is not an issue.

Some counterpoints: https://www.youtube.com/watch?v=rHFOwlMCdto

Re: Sanders wants to replace credit reporting companies with public credit registry

#130

Post by asabjorn »

codyb wrote: post #117
mieseratte wrote: post #10

Earlier quoted context omitted.

> Republicans play to suppress minority voters. What are they doing to suppress minorities?

Voter ID laws to start. It’s a modern day poll tax to require ID to vote which prevents a crime barely anyone is even committing that doesn’t scale easily to sway most elections. I haven’t seen Republicans calling for easy access to IDs though and their efforts to suppress voting from people who side with the left are notorious. Their gerrymandered maps are being struck down in places like Pennsylvania, Wisconsin, an…

As a non-citizen I think it is fair to expect enforcement of only one vote per citizen and to verify that the right person votes.

Your assertion on how common voter fraud is contradic former NYC Democratic Commissioner of the Board of Elections Alan Schulkin which says it is prevalent in New York City, and he thinks there is a need for Voter ID laws: https://twitter.com/JamesOKeefeIII/status/117511800314022297...

This is a whole thread on how common fraud is: https://www.projectveritas.com/2018/11/13/elections-fraud-20...

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