View Single Post
Old 03-16-2009, 02:59 PM   #27
spence
Registered User
iTrader: (0)
 
spence's Avatar
 
Join Date: Nov 2003
Location: RI
Posts: 21,182
Quote:
Originally Posted by RIJIMMY View Post
you need to look at the extremes.
hmm, so where do you draw the line? What if I re-mortgage my house, max my credit cards so that I can invest in some new venture? Sholdnt I be allowed to take that risk?I need a 3rd party to approve that? What about stock purchases? Can I buy 200K in mutual funds? Does a 3rd party need to review that?
very slippery slope spence.
Abortion and gun control are also slippery slope issues and we have legislation today that most people seem to be able to live with.

There's a big difference between a personal decision to enter or not enter a contract, and regulation to ensure the person issuing that contract is engaged in fair play.

You're mixing issues.

-spence
spence is offline