posted on Jun, 24 2011 @ 04:09 AM
The reality is that this will be a no lose situation for everyone involved except the general consumer.
I'm sure the insurance companies will be allowed to institute this across the board because it increases their profits, and in the case that a persons
credit rating actually pushes them out of the ability to pay for insurance, the local government will benefit by constantly and consistently having
them ticketed for not having mandatory insurance, so at minimum they will pay a fine and get 30-90 days to purchase new insurance.
Knowing full well that they can't purchase insurance because of their credit, that persons license plate number will simply become part of the
rotation for their local PD, and that person will have to pay that fine every 90 to 120 days.
The milking cycle will be complete. People will be forced into situations where they are either constantly paying massively increased premiums, or
paying the local court a string of fines.
All the while, people who start life with more resources, will have better credit and enjoy more aspects of life than those who do not.
It's exactly as it should be. Work and tax the Plebs to death, to ensure that the actual people of value can live an enhanced and beautiful life.
It works everywhere in the rest of the world.
All we need now is to ensure that a persons individual credit is tied to the credit history of their Parents and Grandparents and so on. As long as
part of your credit score is controlled by your family history credit score, then there will even be a method for stomping out those "self made"
people who actually work hard to rise above their humble origins. God knows their are too many of them already.
edit on 24-6-2011 by Butterbone because: (no reason given)