Wednesday, June 23, 2010

RE: [vpFREE] Re: Watanabe lawyer challenges use of bad check law to collect gambling debts

"If so, the implication is that every civil debt should be criminalized since every payee will have tax liability."

You beat me to it. Should we lock-up everyone who is in default on their mortgage? The banks that loaned the money on all of those mortgages are presumably tax-payers.

Defaulting on a loan is simply not criminal conduct in the US. Fraud, on the other hand, can be criminal conduct. So, for example, if someone lies on a loan application to obtain the loan he/she does not intend to repay, then criminal prosecution may well be warranted. A simple loan default is a completely different animal though.

Not only do we not have debtor's prison, we allow people to bathe themselves in the healing waters of bankruptcy. One may well argue that's not how it "should" be, but there is no debate that that's currently how it is.


To: vpFREE@yahoogroups.com
From: krajewski.sa@pg.com
Date: Wed, 23 Jun 2010 12:17:12 +0000
Subject: [vpFREE] Re: Watanabe lawyer challenges use of bad check law to collect gambling debts

--- In vpFREE@yahoogroups.com, "leetcrowell2" <lee.crowell@...> wrote:

> {Snip} isn't non-payment of a gambling debt
> a loss of revenue for the State of Nevada as
> well? {Snip} But, perhaps I'm wrong and the
> State of Nevada's primary source of revenue
> is not the gambling tax......
>
> Just thinking out loud- I might be wrong.
>
> Thanks, Lee.
>

I'm not sure I see your point. Are you
implying that since the casinos pay tax on
this revenue the debt should be criminalized?
If so, the implication is that every civil debt
should be criminalized since every payee will
have tax liability.

If instead you're smirking at the State's
complicity in this, I agree, they also benefit
from this policy as does a corrupt local
district attorney. Hardly surprising in a State
run by and for the benefit of casinos.



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