Re: The 2010 General Election Thread: Week 1
Whoever wants to win this election needs a plan B.
Plan "B":
Promise the electorate that if you are elected you will expunge everyone's credit history for the past six years and that you will, in doing so, force banks to honour their promises to lend to homebuyers, businesses and individuals.
In order that the electorate might keep you to your word it will be a legal requirement for the banks to publish monthly statistics on their lending and borrowing activties, both commercial and personal.
Have clearly defined guidelines in relation to loan application assessments and make illegal any "automated decision making processes" in relation to same.
|