A reader has written in to ask us what we think the moral and financial ramifications of accepting free extra channels from Comcast might be.
“Homeowners should be walking away in droves. But they aren’t. And it’s not because the financial costs of foreclosure outweigh the benefits. One can have a good credit rating again–meaning above 660–within two years after a foreclosure.” That’s the conclusion reached by a law professor who’s written a paper about strategic default, which is when you elect to walk away from an underwater mortgage because you stand to lose more money trying to keep it than if you cut your losses immediately. The problem is, lots of people think it’s the wrong thing to do, because individuals are supposed to play by different rules than the companies they do business with.
Daniel went to his local Safeway with his brother to buy some beer. Daniel had his ID, but his brother didn’t—but that’s okay, because Daniel was the one buying the beer. The cashier, however, felt otherwise, and wouldn’t complete the transaction without carding both of them. The store manager told him “the policy is, at the discretion of the clerk, to check the ID of every person present.”
Lifehacker offers up some tips on social engineering (the “cool” and “conscious” way to say manipulating) tactics to employ if you would like to get your airplane seat bumped up to first class. Note too, the comments. Some prefer the snug feeling of a warm blanket of honesty than the plushness of a wide leather site in the front berth.