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PotO

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Everything posted by PotO

  1. Don't let that stop you. A few beers, turn on the charm and a little persuasion ... and the sky's the limit.
  2. And exactly what does that deputy do to you once you get in that little back room?
  3. It's a good thing Jack Ma has retired lest he now be home shiatting his pants over increased regulatory pressure brought on, at least in part, by yours truly. Ant (AliPay) wants to expand into a service provider for the over 1,000 banks in China, already counting 200 as customers. Now, let's look at those banks Ant counts as customers. One is Bank of Nanjing. BoN is a prime example of the 850+ shiatty little municipal banks that dot the landscape few of which amount to anything more than a festering pimple on even Bank of China's arse. None of the mainstream banks would touch Ant with the shiatty end of a stick. Amongst the services Ant pretends to provide are data on creditworthiness. This is a joke. The only data they have would be a dismal, watered-down version of Experian Boost. They can provide data on those who pay their utility bills via AliPay, but that is just a small percentage of the utility-paying population. They are unable to provide hard credit data as a credit bureau could precisely because Ant is not a credit bureau and never will be. There is precisely one real credit bureau in China and that is owned and operated directly by the Central Bank (People's Bank of China). The PBC (and it's subsidiary, the China Banking Regulatory Commission) don't have teeth -- they have fangs. Heavily enforced regulations state that no bank in China can EVER -- under any circumstances -- grant credit without checking the PBC credit reporting agency. In addition, it is prohibited to lend a dime to any individual on the PBC CRA serious derogatory list. Any bank that placed a serious emphasis on creditworthiness data from Ant is cruising for a bruising.
  4. https://files.consumerfinance.gov/f/201304_cfpb_credit-card-ability-to-pay-final-rule.pdf
  5. Read it again. "You may include personal income, which is income you have earned, including full-time, part-time, or seasonal jobs, self-employment, interest or dividends, retirement, and public assistance. You may also include shared income, which is money from somebody else that is regularly deposited into your individual account or into a joint account that person shares with you. If you are 21 or over, you may also include somebody else's income that is regularly used to pay your expenses." I'd take that to mean not only your kids can use money their parents give them, but your spouse's salary as long as she / he contributes to the household budget and expenses. This also keeps in line with current law: https://files.consumerfinance.gov/f/201304_cfpb_credit-card-ability-to-pay-final-rule.pdf
  6. Do you have access to the card's actual Terms & Conditions? I would be surprised if there weren't fees involved for the bounced deposit that significantly, if not totally, reduce the $74 you say they owe you. In any event, the same T&Cs would outline their arbitration policy, if any. I suppose you could always sue them in small claims court. They'd probably send you a check then or you could go through with the process to see what else they have to give you.
  7. Wait until CRAs, banks and credit card companies get on board.
  8. There was a time when I didn't know any better and would agree with you 100%. But not now. I wasn't there in the 1980's so, like everybody else, I'd need to rely on third, fourth and even tenth hand information. There's no smoking gun (no pun intended) with which to obtain a conviction. In any event, the carrot and stick approach isn't a monopoly of the Chinese. We use it often. Sometimes it avoids further violence, but sometimes it doesn't. Kent State comes to mind. China has a unique carrot / stick policy. It can be described in two old Chinese sayings: 1. Kill one, teach 100. 2. Kill the chicken, let the monkey see. Very effective. An understanding of Chinese history is relevant. In a country with a population 5 times that of the US, social stability is of paramount importance. In a country pretty much surrounded by enemies, domestic stability and security is of utmost importance. During China's 5,000+ year history, foreign domination occurred when domestic stability and security were at their weakest. During China's 5,000+ history, there were many periods of advancement and progress. However, when people got bored with the good life, they decided on other adventures resulting in the overthrow of the current government and, ultimately, resulting in periods of instability and economic and social upheaval. Basically, in a nutshell, Chinese history is a series of golden eras, revolution and then followed by pure shiatty eras of social, economic and political upheaval. Currently the Chinese government is focused on maintaining sustainable development and a a stable society. If maintaining a stable society costs a few lives and stepping on what we in the US consider some fundamental rights and freedoms, TFB. Either suck it up or GTFO. Canadian immigration possibilities still exist. People in China are pragmatic. I know many thousands of people here from all social / economic levels and they are generally content with the direction the country is headed. They see almost daily improvement. Their lives are richer and and easier than before. And, believe it or not, many times the Chinese government is far more responsive to the concerns people have than our own. Some may not like censorship, but that's why God invented VPNs. No government or political system is ideal. The Chinese system would never work in the US. And for a fact the US system would never -- ever -- work in China. Anyhow, before this turns into politics, I'm not going to continue with this theme. Anybody interested in further discussion can PM me.
  9. 1. Although toilet paper is cheap, the resulting medical bills maybe not. 2. Eating poop probably eliminates any chances you have of comunal dining.
  10. Yup, all good suggestions ... if he's a circus clown. While I can't speak about Austin, Texas, let's look at the other three: 1. Buenos Aires, Argentina Immigration concerns aside, Argentina is South America's highfalutin' cesspool. The economy is shite and his income possibilities on the local economy would be limited to flame broiling beef patties. Then, he's gay. And a minority. Latin American culture frowns on any male whose sole goal in life isn't to impregnate as many women as humanly possible. And even if that were his goal, he's a minority. Best case scenario, his Burger King would be a part of Ringling Bros. 2. Montevideo, Uruguay A less highfalutin' cesspool than BA, but aspiring. No Ringling Bros, but he could herd Andean lamas (guanacos). He'd be miserable when he found there are no tall buildings he could jump off of. 3. Barcelona, Spain This could possibly work, as long as Spain has an investor or retirement visa scheme. There are enough tourists there that he wouldn't stand out as what they'd consider a freak. He'd probably still struggle a bit to find sustainable income. He'd definitely struggle with the language.
  11. Does it hurt when you think? There's a YouTube "guru" who says if you are double-jointed there's a distinct health advantage to licking your own arse. Plus, you save on toilet paper. Please give it a try and report back after a month.
  12. I think you are close. Let's put it into perspective with a few fun facts: China has a population approximately 5 times that of the US, with roughly equivalent land mass. When you look at arable land mass, China has only 10% compared to approximately 17% in the US. China, especially in the 4 top-tier cities, is very densely populated to an extent than you may not even begin to imagine. Think of an 18-mile highway trip taking 45 minutes. With a little traffic, think 1 and 1/2 to 2 hours. In the all-too-frequent serious traffic jams, think 6 fooking hours. Taking the subway better? Ha! Ha! Ha! While time-wise it certainly is, your trip will be what we in Uncle Sam's Misguided Children term "arsehole to elbow" conditions the entire way. I took a picture of the subway station near our house a few years ago that would send you into shock. It has gotten only worse now. Let's compare with NYC. My wife's corporate HQ is in NYC so we are there a few times a year. Compared to Beijing, Manhattan is a ghost town. Wealth in China is concentrated in the big cities. There are more Mercedes-Benz in Beijing than in the entire US. Mercedes sold 653k vehicles in China last year compared to 316k in the US at a price approximately 25% higher in China for the same vehicle. Unemployment in China is probably around 0%. There are virtually no beggars on the streets and homelessness is virtually nonexistent. Yet there is a huge wealth gap between those with a lot of money and those who are poor. I fact, huge isn't even the right word. I'd say astronomical, and even that doesn't paint the correct picture. Is super-duper, quadruple, sky-high, extra-extremely, very, very astronomical a word? Yet socially, it doesn't cause the riots and mass unrest that people think would result. Society here actually functions and is harmonious, homogenized and peaceful. Even the poor see a path upwards and have experienced increased prosperity. People don't generally look down on those earning minimum wage and they treat them with respect. So I'd say you are very close.
  13. China Everbright Bank. Of all the banks in China, one of the shiattiest. I have their dual currency credit card and it is crappy. But at least I am not paying an AF for it and have, by Chinese standards, a very high limit. This card should be renamed the Unwoke Card. It talks about 2% cash back on education expenses up to $30,000, Nice trick, but you would need to cycle the credit limit 5 times to charge that amount. The maximum limit they'd probably give is $7,150. Then there is the pesky little fact that any student would find it impossible to obtain this card unless they are the authorized user on a parent's account. Chinese law forbids any Chinese bank from issuing a credit card to an undergraduate student without a full-time job. The only reason this card could ever turn out to be profitable is because they have science and genetics on their side. Of the approximately 100,000 Chinese students who go to the US to study, 95% do so because they are re ... -- Ooppsss, can't use that word here -- and their only other choice is to stay in China and learn how to cut hair or fix bicycles. Genetics is a biatch.
  14. As Hege and Shifter already stated, it isn't that uncommon with certain creditors. Why they do that? My theory is that it is because those creditors are richardheads. It doesn't seem to make sense sometimes that a creditor gives you a credit limit of X and then they go all whiny little biatch when you use 75% of X. Then they offer a minimum payment and then cry when you use it. The good news is that you should be able to regain your lost limits and then some in the not-to-distant future as long as you have no derogatory data on your reports.
  15. Seriously, that would look soooooo cute on CV. It matches his pink-flowered coat and high heels.
  16. I was bored not long ago and applied. They didn't seem to mind over a dozen new accounts and around 20 inquiries.
  17. Somehow, I can see this word being used here on CB at times when a Tophie appears. Marv, you might want to tweak the censor machine. Not that it would work, mind you.
  18. Well, they will put Kimberly-Clark out of business.
  19. Every time we fly home on vacation we transit through SeaTac. From the looks of things there, people should be paying attention to those ads.
  20. What you like is irrelevant. When you know WTF you talking about, you will understand the history.
  21. Snide remarks are helpful. Or at least more helpful than bogus advice. There are no judgments in PA that have a statute of limitations of only 4 years. You continue to confuse the judgment with a lien created by the judgment. A lien, by the way, which can be refiled. Centex got it right the first time. Would like like a GoFundMe to obtain a literacy volunteer?
  22. I bet we got twin turds here, folks.

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