To: Alterboy1964
The precedent was set when they banned the sale of online cigarette sales by forbidding credit card companies from allowing the transaction.
(Perhaps forbidding is too strong a word, because the credit card companies agreed to this in exchange for some favor, but I can't remember what that favor was.)
10 posted on
09/30/2006 9:51:23 AM PDT by
Semper911
("We can stand here like the French, or we can do something about it." -Marge Simpson)
To: Semper911
(Perhaps forbidding is too strong a word, because the credit card companies agreed to this in exchange for some favor, but I can't remember what that favor was.)
Probably bankruptcy reform, iirc they made it alot harder for those filing to avoid credit card principal, interest and fees being paid in the procedings.
To: Semper911
I don't believe they forbade such transactions, they persuaded the CCs, so to speak.
246 posted on
10/02/2006 8:24:05 AM PDT by
Old Professer
(The critic writes with rapier pen, dips it twice, and writes again.)
To: Semper911
The precedent was set when they banned the sale of online cigarette sales by forbidding credit card companies from allowing the transaction. (Perhaps forbidding is too strong a word, because the credit card companies agreed to this in exchange for some favor, but I can't remember what that favor was.)
The favors were the new, recent restrictive laws passed on bankruptcy.
258 posted on
10/02/2006 1:42:21 PM PDT by
Centurion2000
("Be polite and courteous, but have a plan to KILL everybody you meet.")
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