Good morning all!
Two mornings ago, I was happily enjoying my daily cup of coffee and WSJ when I was rudely interrupted by a story in the "Personal Journal" section (the most skimmable section in my opinion) about individuals not able to obtain certain jobs because their poor credit rules them out. I thought not too much of it other than sour grapes until I ventured further into the article. Congress is actually considering making a law that would restrict employers from using credit checks to make hiring decisions.
This involvement by Congress bothers me on so many levels. Firstly, free markets people. Employers should be able to use whatever methods they deem appropriate to determine if an individual should be hired. Imagine if an investment firm could not consider employees' credit before they let them advise clients on money management. Secondly, poor credit is a result of individual circumstances and choices. Congress' involvement will only punish those who strive to act financially responsible and protect many who have failed to build credit by going through life behaving irresponsibly. Credit is determined by behavior of an individual and is not a benign physical trait such as hair color or skin color. Thus, Congress should not act to essentially make them a protected class (so accurately described by my Protege!). I swear, we are headed to (as Satan so kindly help me coin): Hell in a handbasket on a rocketship with napalm.
In other news: Happy Saint Patrick's Day!
I'm currently in the process of charting my rejections on eharmony. I think it would make a fabulous demonstration to represent my fail rate in a graph (x = time, y = number of rejections). Now, when I log into eharmony I pray for more rejections so that my graph can be that much more dramatic. Not really helping my dating situation, but eh- I paid, and I think any entertainment I can get out of it helps me get my money's worth.
Going to Hooleys tonight for the Irish day celebration. BabyInTheCorner and my Protege and their respective significant others will hopefully join us. I love that my coworkers are cool chickas but they really deserve their own blog at some point.
I want to be part of the "Completely Unqualified For This Overpaid Position So Give Me Millions" protected class. In where I can apply for any job, get rejected for not being a worthy candidate, then the gov't simply fills my bank account whenever I deem necessary. Don't worry, because the gov't will pay for it, not the citizens. First job I'm applying for? President.
ReplyDeleteI used to work for an insurance/investment firm. We ran credit checks on all our applicants for "account executives." Most of them had serious credit problems and many had been through bankruptcy. But we hired them all! And these were the people we would train to bring in people's money for investment purposes. Yikes.
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