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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: Lane3 who wrote (202840)6/22/2021 1:38:21 PM
From: i-node  Read Replies (1) | Respond to of 362577
 
>> Debt that cannot be properly repaid is still debt.

>> What you call an error in my philosophy is, instead, that your refusal to acknowledge what was taken.

>> That you owe a half million on your house, a critical debt, does not mean that you don't also owe your overdue library fines.

The meaning of Debt is well-defined. And one of its characteristics is that debts are not inherited; they die when you die. In the case of library fines, those are debts I created on my own behalf. The library has no right to move against my children for unpaid library fines, ever.

If I borrow a million dollars today, and die tomorrow, my children, and their children, are not liable for that debt.

These rules were established prior to Common Law and predate American slavery. This foundational notion of debt exists for a reason: One person cannot bind another into debt without the agreement of the person who is ultimately going to be held responsible for it.

This isn't the only problem, but it is a considerable one. This basic understanding of what debt is (and isn't) exists because in civil society under the rule of law, we have long sense acknowledged as a fundamental right that it is basic principle of how debt should work.

The idea that I owe money or other items to a group of people I never took anything from (which is the way value of debt is established) is utterly absurd. I don't know how you got sucked into that nonsense.

Pardon the humor break but it really holds up well: