Which is worse - Islam or Wonga?

[chef]

addiction is not freedom of choice

Of course it is

that's all I need to know from you before forming an opinion on your intelligence level.. for that reason I'm out of this conversation

[original PM]

potnetially not

you may have started taking Heroin freely - although I would imagine many people did so for different reasons


but once the drug takes hold you have no choice but to keep taking it.

which is just like these loan companies - it gets to a point where each pay day you are spending all your money paying of last months pay day loans and so need to take more pay day loans.

It is a downward spiral that exploits the most vunerable in society - and as it was put on Goal.com the North East is one of the more depressed areas in the country anyway NUFC should have know better

but as has been shown time and time again it is apparently acceptable to have no morals if it makes money

[ZARDOZ]

It is very easy to sneer at people who pay the sort of interest rates that wonga demand but it is not for us at the top of the worlds income pile to make decisions about those who are less fortunate than ourselves as to what is a "need" and what is a "want"

In india people sell their internal organs to make money. This could apply to what you say above, if someone needs an organ and someone wants to sell one, who are the rich to say it is wrong? Sometimes though as a civilised human being one has to ask if something is morally correct as well as finacially beneficial. Most of the staunchest supporters of capitalism will consider morallity in their business transactions and rightly so, you can spend years building a good repuation and take minutes to lose it.

[Robinho]

that's all I need to know from you before forming an opinion on your intelligence level.. for that reason I'm out of this conversation

So you don't have an argument, you can only insult me? How telling. Reminds me of SAS.

If addiction wasn't ultimately a choice how the hell do people ever give up smoking? Or alcohol?

The suggestion that it is not ultimately a choice means people would have to be forced by others to give up these things. Yet that is not the case.

[original PM]

In india people sell their internal organs to make money. This could apply to what you say above. Sometimes though as a civilised human being one has to ask if something is morally correct as well as finacially beneficial. Most of the staunchest supporters of capitalism will consider morallity in their business transactions and rightly so.

Really - honestly - really

why are we in a recession if not partly for bank loaning to people they were pretty sure could not make the repayments to meet shareholder expectations.

where was the morality then?

[NorthWestPerm2Contr]

It is very easy to sneer at people who pay the sort of interest rates that wonga demand but it is not for us at the top of the worlds income pile to make decisions about those who are less fortunate than ourselves as to what is a "need" and what is a "want"

It's this individualistic, self-centred mindset, that is making the world such a lonely place. The break down of the family unit, materialism, not being bothered with the welfare of others.

Just because Wonga is "legal", that does not mean to say it is not causing suffering and hardship to others and should actually be made illegal.

[Mich the Tester]

Really - honestly - really

why are we in a recession if not partly for bank loaning to people they were pretty sure could not make the repayments to meet shareholder expectations.

where was the morality then?

Perhaps if governments had taken Adam Smith's advice to implement strict usury laws we wouldn't be in such a mess. But of course, they were advised by MBAs who only read the first page of Wealth of Nations.

[NorthWestPerm2Contr]

potnetially not

you may have started taking Heroin freely - although I would imagine many people did so for different reasons


but once the drug takes hold you have no choice but to keep taking it.

which is just like these loan companies - it gets to a point where each pay day you are spending all your money paying of last months pay day loans and so need to take more pay day loans.

It is a downward spiral that exploits the most vunerable in society - and as it was put on Goal.com the North East is one of the more depressed areas in the country anyway NUFC should have know better

but as has been shown time and time again it is apparently acceptable to have no morals if it makes money

WHS - well said.

[NorthWestPerm2Contr]

So you don't have an argument, you can only insult me? How telling. Reminds me of SAS.

If addiction wasn't ultimately a choice how the hell do people ever give up smoking? Or alcohol?

The suggestion that it is not ultimately a choice means people would have to be forced by others to give up these things. Yet that is not the case.

Why do you even bother?

[Robinho]

Perhaps if governments had taken Adam Smith's advice to implement strict usury laws we wouldn't be in such a mess. But of course, they were advised by MBAs who only read the first page of Wealth of Nations.

It would be easier if the gov stopped printing money, centrally planning the interest rate, deficit spending and backing deposits.

If you take all the feedback mechanisms out of a system it's obviously not going to work.