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Which is worse - Islam or Wonga?
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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 moneyComment
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Originally posted by DodgyAgent View PostIt 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.Last edited by ZARDOZ; 10 October 2012, 13:52.Comment
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Originally posted by chef View Postthat'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
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.Comment
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Originally posted by ZARDOZ View PostIn 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.
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?Comment
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Originally posted by DodgyAgent View PostIt 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"
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.Comment
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Originally posted by original PM View PostReally - 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?And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014Comment
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Originally posted by original PM View Postpotnetially 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 moneyComment
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Originally posted by Robinho View PostSo 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.Comment
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Originally posted by Mich the Tester View PostPerhaps 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.
If you take all the feedback mechanisms out of a system it's obviously not going to work.Comment
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