
Originally Posted by
blue rider
mashy, really, i know you think your principle is worthy and would/should/could work, if we all gave up our worthy possesions and started sharing and living only on what we need.
however, this according to my experience is not going to work, as there will always be someone who would like to be king at the place of the king.
there will always be someone who will have no issue screwing over yer dear neighbourgh for a farting.
many books have been written about this phenomen and many revolutions have been had, heads have rolled and some got shot, in the end we are back to the system of the biggest one screws the weakest one. I think that was Darwin, also an old bugger.
So when I lend a friend some money, most of the time i do not expect it back, nor the sugar and eggs I give to the lady next door. But I sleep tight in the knowledge that should I need sugar and eggs and maybe a coin, my friend and the lady next door will be there to lend me a hand and a shirt if need be.
No interest charged.
In our current system it is not so much the lending that screws people, it is the usurious interest rates and other from of frivolous charges attached to a loan. This needs to be addressed first and foremost. IF a bank will only pay 1.25% interest on savings, and if a bank only pays 1 - 3 % interest on interbank loaning, how the hell can they justify 17% + interest charges on money the lend to their customers. And where is the governemtn to address this issue?
Peeps will need loans, they will need a car to go to work, heck some might even go in overdraft to pay 200$ monthly bus ticket to go to work. Why the heck should there be a 17% interest charge attached to that overdraft! That is what gets ordinary peeps in trouble.
And unless someone shows me a statistic that shows peeps only getting loans for boats, jewellery and a fake pair of tits, i believe firmly that loans for many is something they only got because they had too.
I exclude myself of that group, cuz i wanted beryl, and well I kind a need her too. but only really cuz i want her.
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