You Can’t Legislate Value

I've run an email discussion list for many years for people and businesses within the industry I work, which is the voluntary and mutual settlement of unsecured debts in hardship situations (think of it as a bankruptcy alternative). What follows is a post from this morning, and my response. ...wouldn't it be nice if we could get a law on the books where: ...If a creditor has a client in a particular state, then that creditor is FORCED to deal with the debt settlement company on behalf of the customer. i.e., Citibank, MBNA, Bank of America would be forced to deal with us if the client so chooses. I believe this is the level of law that we should be trying to push. Be careful what you ask for. I know it's tempting to use the omnipotent power of the state to "FORCE" creditors to deal with you, but I'd never support such an immoral abrogation of the freedom of association (and, I, unlike the "Supreme" Court, don't make meaningless, logically untenable distinctions between the rights of individuals and the rights of individuals organized into entities like proprietorships, partnerships, and corporations). Moreover, I believe it's an impractical measure that's more...


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Richard Nikoley

I started writing Free The Animal in late 2003 as just a little thing to try. 20 years later, turns out I've written over 5,000 posts. I blog what I wish...from diet, health, lifestyle...to philosophy, politics, social antagonism, adventure travel, expat living, location and time independent—while you sleep— income by geoarbitrage, and food pics. I intended to travel the world "homeless," but the Covidiocy Panicdemic squashed that. I became an American expat living in Thailand. I celebrate the audacity and hubris to live by your own exclusive authority and take your own chances. ... I leave the toilet seat up. Read More

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