• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Are you morally obligated to repay a loan that you take?[W:461]

Is there a moral obligation to repay money you borrow?

  • If you borrow money, you are morally obligated to repay it.

    Votes: 91 92.9%

  • I feel no moral obligation to repay loans I've taken out

    Votes: 7 7.1%
  • Total voters
    98
Re: Are you morally obligated to repay a loan that you take?

tacomancer said:
Heh if you say so

But you called my view immoral so I will disagree as it brings your judgment into question
Click to expand...

All you need to know is that after this thread it's clear to me you're morally bankrupt and not trustworthy. I would never give you a loan or trust you for anything.
 
Re: Are you morally obligated to repay a loan that you take?

tacomancer said:
1. Please show me a bank that has finance managers even making decisions vs doing what the computer tells them to do after being programmed by statisticians.
Click to expand...
I used one in NJ which was the Roebling Bank - an independent who lent money to me based on a life insurance policy - no computer. It was a first for them and yes they got the main office (they had 6 branches) and since it was under $200,000 the branch signed off on it. This was what.... 6 years ago. They have since been bought. Roebling Bank is acquired by TF Financial for $14.5M | NJ.com

tacomancer said:
2. Please show me a financial institution where employment decisions are made on the basis of a single loan. (If its not within the plot of its a wonderful life, even better)
Click to expand...
I don't have an example - however can you say it never happens? Especially with say independent companies or small businesses? Oh that's right... they must be BAD at what they do and therefore deserve to be fired.

tacomancer said:
The more I think of your scenario, the more I realize how stupid it is because the likelihood of fillings points 1, 2, and 3 above are astronomically low. All you are doing is getting outraged over a figment of your imagination which has nothing to do with how finance institutions operate.
Click to expand...
The more I think about justification for screwing people over and your quotes:

tacomancer said:
That's reality kid. Sorry you dislike it
Click to expand...

tacomancer said:
Yes, hopefully the person on the other end was smart enough to bind you in a contract. If not, its a life lesson for them.
Click to expand...

tacomancer said:
That person wasn't good enough at their job to assess risk correctly.
Click to expand...


And how it took 3 posts of yours to start justifying someone getting screwed, which totally proved my point - I see exactly how right I was. Thank you.


tacomancer said:
But please continue this outrage, now that I understand what's going on in your mind, its entertaining to watch you fool yourself.
Click to expand...
Oh please, you stepped in it and now you're going to whine about ... blabla "continue your this outrage". :lamo

It was entertaining for you to prove my point without realizing it and now watching your embarrassment and swinging in the wind.
 
Re: Are you morally obligated to repay a loan that you take?

Henrin said:
All you need to know is that after this thread it's clear to me you're morally bankrupt and not trustworthy. I would never give you a loan or trust you for anything.
Click to expand...
If you say so. People in real life find me quite trustworthy and entrust me with everything from secrets to their resume to helping manage their money. I have never cheated any individual and its quite against my moral code to do so.

If you feel differently based on an anonymous forum, that's nice and quaint. But I will go with reality and my real interactions any day :)
 
Re: Are you morally obligated to repay a loan that you take?

Ockham said:
I used one in NJ which was the Roebling Bank - an independent who lent money to me based on a life insurance policy - no computer. It was a first for them and yes they got the main office (they had 6 branches) and since it was under $200,000 the branch signed off on it. This was what.... 6 years ago. They have since been bought. Roebling Bank is acquired by TF Financial for $14.5M | NJ.com

I don't have an example - however can you say it never happens? Especially with say independent companies or small businesses? Oh that's right... they must be BAD at what they do and therefore deserve to be fired.

The more I think about justification for screwing people over and your quotes:








And how it took 3 posts of yours to start justifying someone getting screwed, which totally proved my point - I see exactly how right I was. Thank you.


Oh please, you stepped in it and now you're going to whine about ... blabla "continue your this outrage". :lamo

It was entertaining for you to prove my point without realizing it and now watching your embarrassment and swinging in the wind.
Click to expand...
I stepped into nothing but remain consistent with my views which I find no fault in (or else I would change them). The truth is you are looking for blame due to your own emotional needs so you can feel better about yourself for some archaic notion of how capitalism should work that died in the fifties (but was only invented in the twenties anyway). That's not my issue. I do wish you would be honest though as I have afforded you this simple courtesy. I do not appreciate your dishonesty in your accusations.

But if you want to imagine my embarrassment please feel free, I don't feel much in the way of emotion right now to be honest. I am simply stating logic that you dislike
 
Last edited:
Re: Are you morally obligated to repay a loan that you take?

tacomancer said:
If you say so. People in real life find me quite trustworthy and entrust me with everything from secrets to their resume to helping manage their money. I have never cheated any individual and its quite against my moral code to do so.

If you feel differently based on an anonymous forum, that's nice and quaint. But I will go with reality and my real interactions any day :)
Click to expand...

According to your own posts the only reason you play nice is because its to your benefit. Self centered much?

This thread has also proven a suspicion I had about you. When you say something is a necessary evil you're actually talking about an understanding you have about yourself. You know certain laws are needed to keep you in check.
 
Last edited:
Re: Are you morally obligated to repay a loan that you take?

Henrin said:
According to your own posts the only reason you play nice is because its to your benefit. Self centered much?
Click to expand...
That's capitalism, its based on being self centered. It's usually promoted as a virtue by its proponent except they like to use the phrase self interest.

To put it in a more common parlance. Don't hate the player, hate the game.
 
Last edited:
Re: Are you morally obligated to repay a loan that you take?

tacomancer said:
I stepped into nothing but remain consistent with my views which I find no fault in (or else I would change them). The truth is you are looking for blame due to your own emotional needs so you can feel better about yourself for some archaic notion of how capitalism should work that died in the fifties (but was only invented in the twenties anyway). That's not my issue. I do wish you would be honest though as I have afforded you this simple courtesy. I do not appreciate your dishonesty in your accusations.

But if you want to imagine my embarrassment please feel free, I don't feel much in the way of emotion right now to be honest. I am simply stating logic that you dislike
Click to expand...

Thanks again for proving my point... don't be mad.
 
Re: Are you morally obligated to repay a loan that you take?

Ockham said:
Thanks again for proving my point... don't be mad.
Click to expand...
Don't worry I ain't but this will be my post so you can have your last word and get a crack at the final definition of the debate in terms you feel are most favorable to you
 
Re: Are you morally obligated to repay a loan that you take?

Henrin said:
According to your own posts the only reason you play nice is because its to your benefit. Self centered much?
Click to expand...

wasn't there a late 50's, early 60's writer whose moral positions continue to be embraced, especially by the libertarians, because she espoused self interested behavior

or maybe you would prefer to shrug it off
 
Re: Are you morally obligated to repay a loan that you take?

Grand Mal said:
Only if you respect yourself. Otherwise, lie, cheat and steal your way through- not like anyone will be surprised.
Click to expand...

This, with the addendum of bankruptcy if that's what it comes to.
 
Re: Are you morally obligated to repay a loan that you take?

justabubba said:
wasn't there a late 50's, early 60's writer whose moral positions continue to be embraced, especially by the libertarians, because she espoused self interested behavior

or maybe you would prefer to shrug it off
Click to expand...

I don't imagine you want share how she was using the words "self interest", do you?
 
Re: Are you morally obligated to repay a loan that you take?

Henrin said:
According to your own posts the only reason you play nice is because its to your benefit. Self centered much?

This thread has also proven a suspicion I had about you. When you say something is a necessary evil you're actually talking about an understanding you have about yourself. You know certain laws are needed to keep you in check.
Click to expand...
Heh keep me in check?

No, my statement was that resource distribution methods are a necessary evil because people are too immoral to share freely on a global scale so we invented a game instead. Perfect anarchic communism (star trek federation style) would be my ideal but human nature is too screwed up for that, and I learned a long time ago that you can't fix the world and you will just kill yourself trying, so try to be happy where you can.
 
Re: Are you morally obligated to repay a loan that you take?

sangha said:
The fact that it's not a person lending the money.



Yes, that is exactly it. I don't expect a bank to do what is moral; I expect the bank to do what is in its' best interests to do.

The bank should expect the same from me
Click to expand...

Your comments are interesting.

Reminds me some of the logic people have when insurance companies have to pay out large sums. Its the insurance company, right. Well where does the insurance gets its funds to pay out? From individuals, not a company.

While it may not be a moral issue, it is a issue of what is a persons word worth.
 
Re: Are you morally obligated to repay a loan that you take?

tacomancer said:
That's capitalism, its based on being self centered. It's usually promoted as a virtue by its proponent except they like to use the phrase self interest.

To put it in a more common parlance. Don't hate the player, hate the game.
Click to expand...

The fact that many people agree with you is ironically the only reason your ideology exists. If people didn't treat each other like filth in the marketplace your regulation happy ideology would never get off the ground. Thanks for being the problem you hate.
 
Re: Are you morally obligated to repay a loan that you take?

Declan said:
Yes for so long as my situation allows me to repay it.
Click to expand...

And then what?

Interesting point. Are you entitled to your car or home at the expense of the lender?

Is the fact that the lender is 'bigger' or has more money or can spread that loss out over others justification?

Or does the lender accept this implicitly and consent to that risk when they make the loan?
 
Re: Are you morally obligated to repay a loan that you take?

tacomancer said:
Heh keep me in check?

No, my statement was that resource distribution methods are a necessary evil because people are too immoral to share freely on a global scale so we invented a game instead. Perfect anarchic communism (star trek federation style) would be my ideal but human nature is too screwed up for that, and I learned a long time ago that you can't fix the world and you will just kill yourself trying, so try to be happy where you can.
Click to expand...

Socialism is not sharing nor is sharing nessarcy.
 
Re: Are you morally obligated to repay a loan that you take?

Henrin said:
The fact that many people agree with you is ironically the only reason your ideology exists. If people didn't treat each other like filth in the marketplace your regulation happy ideology would never get off the ground.
Click to expand...
Lol! People agreeing is the only reason any ideology exists!

Its all just social construct. If people didn't treat each other like filth then all of human history would be different let alone our current systems. Hell we would have probably never developed our technology so far to even have modern capitalism because the world would be much more idyllic and small scale. It may have been the worst thing to happen to us because at least with modern technology we have a much greater chance of propagating to multiple planets and continuing the species.
 
Last edited:
Re: Are you morally obligated to repay a loan that you take?

Henrin said:
Socialism is not sharing nor is sharing nessarcy.
Click to expand...
Socialism isn't communism

Socialism in its modern understanding has market economy aspects
 
Re: Are you morally obligated to repay a loan that you take?

I am debt-phobic. I am doing everything possible to pay my 30 year loan off in 10 years...because it is my money I am saving....
 
Re: Are you morally obligated to repay a loan that you take?

I think, barring extreme unforeseen circumstances, there is never an excuse not to pay back loans. If ahead of time you know you probably won't be able to pay it back, then don't take it out. Live within your means for once.
 
Re: Are you morally obligated to repay a loan that you take?

tacomancer said:
Socialism isn't communist!
Click to expand...

Did I say it was? Wait....are you saying you support communism? Would you like a time machine?
 
Re: Are you morally obligated to repay a loan that you take?

Henrin said:
Did I say it was? Wait....are you saying you support communism? Would you like a time machine?
Click to expand...
My ideal is that, but I am intelligent enough (unlike most libertarians) to realize it will never happen so I adapt to what's possible in the current circumstances. So my actions tend to have a different aim
 
Re: Are you morally obligated to repay a loan that you take?

tacomancer said:
Lol! People agreeing is the only reason any ideology exists!

Its all just social construct. If people didn't treat each other like filth then all of human history would be different let alone our current systems. Hell we would have probably never developed our technology so far to even have modern capitalism because the world would be much more idyllic and small scale. It may have been the worst thing to happen to us because at least with modern technology we have a much greater chance of propagating to multiple planets and continuing the species.
Click to expand...

Geez.. Good luck on going faster than light. Screw physics!
 
Last edited:
Re: Are you morally obligated to repay a loan that you take?

tacomancer said:
My ideal is that, but I am intelligent enough (unlike most libertarians) to realize it will never happen so I adapt to what's possible in the current circumstances. So my actions tend to have a different aim
Click to expand...

Do you know why I asked you about a time machine? Your ideal world didn't even work all that well in the past and it is incapable with the future. Its also ironic that you want advancement and communism. Going back in time to a system only good at survival in small numbers will do you no favors in terms of prosperity and growth.
 
You must log in or register to reply here.
Back
Top Bottom