You can apply for loans online or with a paper application (particularly for loans up to Prosper's $25K limit) with a loan officer never seeing your face. For loans of that size, the approval decision is probably often made by a computer except for marginal cases.
That's a good point--discrimination for characteristics that have no real bearing on creditworthiness creates an opportunity for someone to cherry-pick those borrowers.
The fine print on those credit card offers allows the lender to change the terms for various reasons:
you're late on a payment with a different lender
your credit score decreases even if you've made no late payments
you look at funny
they just feel like it
So while prosper.com is devoid of teaser rates, I can see why someone with good credit would choose a fixed-rate, fixed-term installment loan from there over a teaser 0% offer that could become 30+% for the cost of a lost piece of mail or one two many credit pulls when shopping for a car loan.
There are already some 800 groups on Prosper ready to loan money to specific causes, such as the Apple User Group, 'a lending group for those wishing to purchase either a Macintosh or Apple iPod.'"
Yes, this is exactly the group I'd lend to -- a bunch of status-seeking wanna-be yuppies who want the cachet of conspicuously consuming an Apple product but need to borrow the money to pay for it. Uh-huh. I'm all over that.
Check out the loan requests at prosper.com -- lots of them include the borrower's age, ethnicity, gender, etc. either outright stated or inferable from the accompanying photographs. While Prosper as the lender of record only provides a credit grade based on an objective score from an Equifax report, the individual lenders are no doubt going to make (or not make) loans according to their own personal prejudices. The very fact that this information is available to prospective "loan buyers" (who are the actual lenders in all but name) will very quickly attract the attention of regulators.
Re:Another way to solve this equation is...
on
The New Wireless Wars
·
· Score: 2, Insightful
That's how it'll be presented to Congress, along with some scaremongering about E911 and less ability to illegally tap^W^W execute lawful warrants for monitoring.
They don't have to be anonymous, they just have to live in a country like Sweden beyond the reach of the DMCA and similar corrupt laws purchased by the content cartel.
Exactly. And that's not a hypocritical position--the fact that the GPL derives its power from copyright law is a clever hack which wouldn't be necessary if copyright didn't exist. You see, for the GPL to be invalid, so must copyright law. Of course you no doubt already know this and are just trolling. Love your books, BTW.
Took a look at their site and it looks like they have some uncomfortable ties to the copyright cartel, and they're enough smoke they've spent quite a few words to convince us there's no fire. I think I'll stick with open source clients.
Won't much matter--the ISPs on the Wall of Shame could just block it, and they'll have the FCC behind them thanks to the generosity of their lobbyists.
Nice. Unfortunately, thugs with badges like that are all too common. The job attracts power-trippers like those in the video, and the low pay pretty much screens out all but the most corrupt or the most dedicataed.
Kinda strange - they're getting all the traffic, why do they need the Google data?
Two answers: First, different parts of the same government are involved. NSA probably doesn't share data that would compromise sources and methods with DoJ. Second, they could already have what they seek from Google, but not want to admit publicly that they already gathered it illegally. Sort of like getting a warrant to search based on some evidence you managed to find with evidence gathered in an illegal black bag job.
Slashdot Mirror
You can apply for loans online or with a paper application (particularly for loans up to Prosper's $25K limit) with a loan officer never seeing your face. For loans of that size, the approval decision is probably often made by a computer except for marginal cases.
That's a good point--discrimination for characteristics that have no real bearing on creditworthiness creates an opportunity for someone to cherry-pick those borrowers.
So while prosper.com is devoid of teaser rates, I can see why someone with good credit would choose a fixed-rate, fixed-term installment loan from there over a teaser 0% offer that could become 30+% for the cost of a lost piece of mail or one two many credit pulls when shopping for a car loan.
Yes, this is exactly the group I'd lend to -- a bunch of status-seeking wanna-be yuppies who want the cachet of conspicuously consuming an Apple product but need to borrow the money to pay for it. Uh-huh. I'm all over that.
Check out the loan requests at prosper.com -- lots of them include the borrower's age, ethnicity, gender, etc. either outright stated or inferable from the accompanying photographs. While Prosper as the lender of record only provides a credit grade based on an objective score from an Equifax report, the individual lenders are no doubt going to make (or not make) loans according to their own personal prejudices. The very fact that this information is available to prospective "loan buyers" (who are the actual lenders in all but name) will very quickly attract the attention of regulators.
That's how it'll be presented to Congress, along with some scaremongering about E911 and less ability to illegally tap^W^W execute lawful warrants for monitoring.
Pervasive, inexpensive wireless + VoIP = R.I.P. Traditional Telcos
They don't have to be anonymous, they just have to live in a country like Sweden beyond the reach of the DMCA and similar corrupt laws purchased by the content cartel.
Fortunately, the frog works happily through a proxy.
markofthebeast, 666, Revelation1317
Blocking all APNIC ranges as I receive a spam from them has cut my spam by over 90%.
WRT your blog entry, well said. There may be no fire, but there's too much smoke there for me to enter that building.
I haven't tried it myself, but another poster in this topic mentioned that it ran under Kaffe.
Exactly. And that's not a hypocritical position--the fact that the GPL derives its power from copyright law is a clever hack which wouldn't be necessary if copyright didn't exist. You see, for the GPL to be invalid, so must copyright law. Of course you no doubt already know this and are just trolling. Love your books, BTW.
Took a look at their site and it looks like they have some uncomfortable ties to the copyright cartel, and they're enough smoke they've spent quite a few words to convince us there's no fire. I think I'll stick with open source clients.
The client is open source, no?
Won't much matter--the ISPs on the Wall of Shame could just block it, and they'll have the FCC behind them thanks to the generosity of their lobbyists.
Nice troll/fantasy about what you would do if anyone with money were foolish to trust you with that kind of power. Bravo!
I must have missed the news of Sony's Chapter 11 filing.
It is a little before the time of most people here.
Nice. Unfortunately, thugs with badges like that are all too common. The job attracts power-trippers like those in the video, and the low pay pretty much screens out all but the most corrupt or the most dedicataed.
el o el
ls -a won't recurse into subdirectories. He would want ls -R (he could also add the a if he wanted to see the dot files). Cheers!
Yes :). I can only speculate, but I think either bumbling bureaucracy or reluctance to tip "their" hand as to what they already have are both feasible.
Two answers: First, different parts of the same government are involved. NSA probably doesn't share data that would compromise sources and methods with DoJ. Second, they could already have what they seek from Google, but not want to admit publicly that they already gathered it illegally. Sort of like getting a warrant to search based on some evidence you managed to find with evidence gathered in an illegal black bag job.