…so long as she marries him that is. I cannot imagine the horror this woman has gone through…or that she must continue to endure.
I do not think so, but it can be an indicator. Taken alone, it would (IMHO) be an unfair discriminator against a potential employee. However, it remains the employers perogative to use this as a criteria for employment. Bigger picture, I think it’s another way that those on the edge of the financial abyss are discriminated against by the FICO system.
The Consumerist has an http://consumerist.com/2011/11/allstate-denied-mans-insurance-claim-because-he-went-to-the-hospital-5-hours-too-early.html. The insurance company twice denied his request for coverage before coming back (after media pressure) and paying the claim. On the one hand, I agree with the commenters who say All State had no contractual obligation to pay the claim. On the other, what’s the ethical, socially responsible thing to do? What say you?
Indeed. If I were a betting man, or had any money to bet, I’d go with a managed (i.e., “politically spun for maximum benefit”) default.
Barry Riholtz eloquently sums up my feelings on the rule of law (and where it’s gone) in our country:
“The Rule of Law is yet another bedrock foundation of this nation. It seems to get ignored when the criminals involved received billions in bipartisan bailout monies.
The line of bullshit being used on State AGs is that we risk an economic crisis if we prosecute these folks.
The people who claim that fail to realize that the opposite is true — the protest at Occupy Wall Street, the negative sentiment, the general economic angst — traces itself to the belief that there is no justice, that senior bankers have gotten away with economic murder, and that we have a two-tiered criminal system, one for the rich and one for the poor.”
Las Vegas leads the pack. I think this chart is not accurate, though. I think the ratio is far greater than 119% property/mortgage debt. Just two years ago, we were $170,000 underwater on a $300,000 mortgage. We were not the odd man out, either.
No, sir. They are not jealous, nor do they want your damn Cadillac. Also, it is not always the citizen’s fault that they are not rich or have a job. Why don’t you go get a real job?
No, Steve Jobs brought us Apple. Our American system enabled its success, just as its corruption enabled the housing bubble and the chaos that has followed.
