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This link recently saved by webmink on December 26, 2010
"The fact of the matter is that banks are not like any other business. They run the payments system. That is one of the main reasons that governments protect them from failure with explicit and implicit guarantees." -- Finally mainstream comment is realising that denying essential services without a court order is a problem, private company or not.
This link recently saved by webmink on February 15, 2010
The house is theirs, they can prove it, yet still the bank proceeds on the basis that it doesn't make mistakes. This is exactly the reason why lightweight, pro-business processes and laws (like three-strikes) are bad. When they go wrong, the victim is considered guilty until they can prove themselves innocent - usually at great effort and expense.
This link recently saved by webmink on February 11, 2010
This link recently saved by webmink on December 17, 2009
After this presumably all payments will either need a payment card or to be made on the internet. Joining the dots, this means that if some music publisher decided my internet connection had been used in a way he didn't like, I could be rendered unable to pay bills. IN what way is that appropriate? We need a bit more joined-up thinking from our legislators.
This link recently saved by webmink on April 02, 2009
This link recently saved by webmink on January 04, 2009