In a Time of Universal Deceit, Telling the Truth is Revolutionary.
Friday, October 30, 2020

Credit Scores: are they fair to people who have earned good credit ratings?

Credit Scores: are they fair to people who have earned good credit ratings?

There are many issues with credit scoring. Some of them are reasonable and accurate measurements of an individual’s credit risk, while some are unfair and inaccurate. Apparently that does not matter to lawmakers and the credit industry who make-up the rules together.

Judge for yourself. Below are some of the pre-determined pros and cons, positives and negatives that may determine a person’s overall credit score:

SCORE FACTORS THAT ARE POSITIVELY AFFECTING YOUR SCORE

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No punishment for CIA over torture

In the aftermath of the Sept. 11 attacks, CIA operatives were allowed to shackle, strip and waterboard terror suspects. Now, President Barack Obama has assured these operatives that they will not be prosecuted for their rough interrogation tactics.

At the same time, Obama’s attorney general offered the operatives legal help if anyone else takes them to court over the harsh interrogation methods that were approved by the Bush administration.

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When spies don’t pay attention

There are several disturbing aspects to the revelations that the National Security Agency went well beyond the generous legal limits set by Congress to intercept Americans’ private phone calls and e-mail messages.

The New York Times, which broke the story, said its sources described the practice as "significant and systemic" and possibly inadvertent. And it’s unclear whether the agency actually listened to or read the calls and messages it swept up.

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A new dream of train travel

For years, they were a staple of sci-fi movies. Shining steel rail lines crisscrossing high above the cities of the future as passengers inside were whisked around at fantastic speeds.

Now, President Obama wants to make them real. He said so the other day as that inveterate Amtrak rider/supporter Vice-President Joe Biden stood beside him, salivating.

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Time for a new tax revolt?

Tens of thousands of Americans had a great big tea party on Wednesday. Only instead of sipping cups of Earl Grey and Oolong, these Americans were sending tea bags to their elected representatives and chanting to protest what they see as an out-of-touch government digging a multi-trillion dollar national debt hole that only higher taxes on future generations will be able to fill.

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