<?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><feed xmlns='http://www.w3.org/2005/Atom' xmlns:openSearch='http://a9.com/-/spec/opensearchrss/1.0/'><id>tag:blogger.com,1999:blog-36951752.post7090520144710409937..comments</id><updated>2011-12-03T02:04:57.943-05:00</updated><category term='abnormal psychology: fish-related legal projections'/><category term='rnc'/><category term='constitutionalism'/><category term='union'/><category term='cost benefit'/><category term='primaries'/><category term='OIRA'/><category term='nominations'/><category term='development'/><category term='Roger Waters'/><category term='elections'/><category term='dnc'/><category term='France'/><category term='labor'/><category term='Sunstein'/><category term='nlrb'/><category term='caucuses'/><category term='management'/><title type='text'>Comments on Dorf on Law: The Credit Card "Business"</title><link rel='http://schemas.google.com/g/2005#feed' type='application/atom+xml' href='http://www.dorfonlaw.org/feeds/7090520144710409937/comments/default'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/36951752/7090520144710409937/comments/default'/><link rel='alternate' type='text/html' href='http://www.dorfonlaw.org/2009/11/credit-card-business.html'/><author><name>Michael C. 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type='application/atom+xml' href='http://www.blogger.com/feeds/36951752/7090520144710409937/comments/default/7060213357345207539'/><link rel='alternate' type='text/html' href='http://www.dorfonlaw.org/2009/11/credit-card-business.html?showComment=1295234743458#c7060213357345207539' title=''/><author><name>itochan</name><uri>http://www.blogger.com/profile/15293377644220345620</uri><email>noreply@blogger.com</email><gd:image xmlns:gd='http://schemas.google.com/g/2005' rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:in-reply-to xmlns:thr='http://purl.org/syndication/thread/1.0' href='http://www.dorfonlaw.org/2009/11/credit-card-business.html' ref='tag:blogger.com,1999:blog-36951752.post-7090520144710409937' source='http://www.blogger.com/feeds/36951752/posts/default/7090520144710409937' type='text/html'/><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='blogger.itemClass' value='pid-356307522'/></entry><entry><id>tag:blogger.com,1999:blog-36951752.post-8959416629291779837</id><published>2010-10-17T11:21:02.872-04:00</published><updated>2010-10-17T11:21:02.872-04:00</updated><title type='text'>i hate all credit card provider 
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rel="nofollow"&gt;包裝盒&lt;/a&gt;的訂做服務現在最新科技&lt;a href="http://beauty.sos007.org/" rel="nofollow"&gt;隆乳&lt;/a&gt;技術在台灣發表了，由生醫學博仕海克拉斯教授研究&lt;a href="http://beauty.tw66.net/" rel="nofollow"&gt;隆乳&lt;/a&gt;的最新發明。你懷疑另一半有&lt;a href="http://spy.ok168bank.com" rel="nofollow"&gt;外遇&lt;/a&gt;嗎若真的有&lt;a href="http://fbi.viviok.com" rel="nofollow"&gt;外遇&lt;/a&gt;的問題不用擔心我們是&lt;a href="http://tw007.okciti.com" rel="nofollow"&gt;外遇&lt;/a&gt;查詢的專家你要&lt;a href="http://police.pumonet.com" rel="nofollow"&gt;尋人&lt;/a&gt;嗎沒有找不到的人我們是&lt;a href="http://help007.seo2000.net" rel="nofollow"&gt;尋人&lt;/a&gt;高手我們是&lt;a href="http://spy.ok168bank.com" rel="nofollow"&gt;104&lt;/a&gt;尋人網&lt;a href="http://tw007.okciti.com" rel="nofollow"&gt;104&lt;/a&gt;外遇徵信社及&lt;a href="http://police.pumonet.com" rel="nofollow"&gt;104&lt;/a&gt;評鑑網</content><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/36951752/7090520144710409937/comments/default/6253915237534227769'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/36951752/7090520144710409937/comments/default/6253915237534227769'/><link rel='alternate' type='text/html' href='http://www.dorfonlaw.org/2009/11/credit-card-business.html?showComment=1260773423886#c6253915237534227769' title=''/><author><name>狗熊克星</name><uri>http://www.blogger.com/profile/17441517595632374005</uri><email>noreply@blogger.com</email><gd:image xmlns:gd='http://schemas.google.com/g/2005' rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:in-reply-to xmlns:thr='http://purl.org/syndication/thread/1.0' href='http://www.dorfonlaw.org/2009/11/credit-card-business.html' ref='tag:blogger.com,1999:blog-36951752.post-7090520144710409937' source='http://www.blogger.com/feeds/36951752/posts/default/7090520144710409937' type='text/html'/><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='blogger.itemClass' value='pid-1085504074'/></entry><entry><id>tag:blogger.com,1999:blog-36951752.post-3817530241382600988</id><published>2009-11-19T13:12:52.648-05:00</published><updated>2009-11-19T13:12:52.648-05:00</updated><title type='text'>weird. Just looked today online, and one of my acc...</title><content type='html'>weird. Just looked today online, and one of my accounts is pegged, &amp;quot;suspicious activity.&amp;quot; A new card is being sent. &lt;br /&gt;&lt;br /&gt;But the account balance is still at zero, where I left it. Right in the wheelhouse of this post!</content><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/36951752/7090520144710409937/comments/default/3817530241382600988'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/36951752/7090520144710409937/comments/default/3817530241382600988'/><link rel='alternate' type='text/html' href='http://www.dorfonlaw.org/2009/11/credit-card-business.html?showComment=1258654372648#c3817530241382600988' title=''/><author><name>egarber</name><uri>http://www.blogger.com/profile/17370143755442365802</uri><email>noreply@blogger.com</email><gd:image xmlns:gd='http://schemas.google.com/g/2005' rel='http://schemas.google.com/g/2005#thumbnail' width='33' height='26' src='http://3.bp.blogspot.com/__MZH5ZqjOYE/SnCiufsjf7I/AAAAAAAAAAM/d8c5jUunuh8/S220/Boys.jpg'/></author><thr:in-reply-to xmlns:thr='http://purl.org/syndication/thread/1.0' href='http://www.dorfonlaw.org/2009/11/credit-card-business.html' ref='tag:blogger.com,1999:blog-36951752.post-7090520144710409937' source='http://www.blogger.com/feeds/36951752/posts/default/7090520144710409937' type='text/html'/><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='blogger.itemClass' value='pid-1186401053'/></entry><entry><id>tag:blogger.com,1999:blog-36951752.post-6084220382899813026</id><published>2009-11-17T17:15:21.910-05:00</published><updated>2009-11-17T17:15:21.910-05:00</updated><title type='text'>How fitting, that a &amp;#39;credit&amp;#39; card company ...</title><content type='html'>How fitting, that a &amp;#39;credit&amp;#39; card company of another sort has seen fit to advertise its wares in connection with this post!</content><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/36951752/7090520144710409937/comments/default/6084220382899813026'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/36951752/7090520144710409937/comments/default/6084220382899813026'/><link rel='alternate' type='text/html' href='http://www.dorfonlaw.org/2009/11/credit-card-business.html?showComment=1258496121910#c6084220382899813026' title=''/><author><name>Bob Hockett</name><uri>http://www.blogger.com/profile/14006843418042901096</uri><email>noreply@blogger.com</email><gd:image xmlns:gd='http://schemas.google.com/g/2005' rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:in-reply-to xmlns:thr='http://purl.org/syndication/thread/1.0' href='http://www.dorfonlaw.org/2009/11/credit-card-business.html' ref='tag:blogger.com,1999:blog-36951752.post-7090520144710409937' source='http://www.blogger.com/feeds/36951752/posts/default/7090520144710409937' type='text/html'/><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='blogger.itemClass' value='pid-42733285'/></entry><entry><id>tag:blogger.com,1999:blog-36951752.post-6702950632275786840</id><published>2009-11-17T13:43:32.052-05:00</published><updated>2009-11-17T13:43:32.052-05:00</updated><title type='text'>The best place to go to make custom, quality, most...</title><content type='html'>The best place to go to make custom, quality, most cost-efficient, business cards &lt;br /&gt;out of your photos is www.PrintsMadeEasy.com. They specialize in designing custom postcards, &lt;br /&gt;business cards, stationery, labels, brochures, invitations, envelopes, flyers, &lt;br /&gt;greeting cards, letterhead, pens, &amp;amp; labels &lt;br /&gt;&lt;br /&gt;http://www.PrintsMadeEasy.com&lt;br /&gt;&lt;br /&gt;Right now you can get 100 FREE business cards shipped right to your door.&lt;br /&gt;&lt;br /&gt;All orders ship worldwide within 24 hours once you submit the custom design you want!&lt;br /&gt;&lt;br /&gt;You may also want to check out http://www.Postcards.com &amp;lt;--- same deal, custom printing, any size, high-gloss, excellent quality and service</content><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/36951752/7090520144710409937/comments/default/6702950632275786840'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/36951752/7090520144710409937/comments/default/6702950632275786840'/><link rel='alternate' type='text/html' href='http://www.dorfonlaw.org/2009/11/credit-card-business.html?showComment=1258483412052#c6702950632275786840' title=''/><author><name>TOMDUPUY</name><uri>http://www.blogger.com/profile/02561152340031340076</uri><email>noreply@blogger.com</email><gd:image xmlns:gd='http://schemas.google.com/g/2005' rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='http://3.bp.blogspot.com/_ewMWR2RwWKs/StewcY1ASXI/AAAAAAAAAAM/keIt3ZSH06E/S220/bc_featured.jpg'/></author><thr:in-reply-to xmlns:thr='http://purl.org/syndication/thread/1.0' href='http://www.dorfonlaw.org/2009/11/credit-card-business.html' ref='tag:blogger.com,1999:blog-36951752.post-7090520144710409937' source='http://www.blogger.com/feeds/36951752/posts/default/7090520144710409937' type='text/html'/><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='blogger.itemClass' value='pid-308293946'/></entry><entry><id>tag:blogger.com,1999:blog-36951752.post-6393752571988905603</id><published>2009-11-16T14:39:09.302-05:00</published><updated>2009-11-16T14:39:09.302-05:00</updated><title type='text'>One point of clarification:

I&amp;#39;m pretty sure t...</title><content type='html'>One point of clarification:&lt;br /&gt;&lt;br /&gt;I&amp;#39;m pretty sure the &amp;quot;credit card companies&amp;quot; (Visa, Mastercard, etc.) don&amp;#39;t own the card balances; they mostly make money via card transactions at retailers and other outlets. Banks on the other hand, manage balances and other account fees. &lt;br /&gt;&lt;br /&gt;This means that companies like Visa make money no matter how much you &amp;quot;free ride&amp;quot; your account. &lt;br /&gt;&lt;br /&gt;Just throwing that out there to highlight the fact that interests in the business aren&amp;#39;t all perfectly aligned.</content><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/36951752/7090520144710409937/comments/default/6393752571988905603'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/36951752/7090520144710409937/comments/default/6393752571988905603'/><link rel='alternate' type='text/html' href='http://www.dorfonlaw.org/2009/11/credit-card-business.html?showComment=1258400349302#c6393752571988905603' title=''/><author><name>egarber</name><uri>http://www.blogger.com/profile/17370143755442365802</uri><email>noreply@blogger.com</email><gd:image xmlns:gd='http://schemas.google.com/g/2005' rel='http://schemas.google.com/g/2005#thumbnail' width='33' height='26' src='http://3.bp.blogspot.com/__MZH5ZqjOYE/SnCiufsjf7I/AAAAAAAAAAM/d8c5jUunuh8/S220/Boys.jpg'/></author><thr:in-reply-to xmlns:thr='http://purl.org/syndication/thread/1.0' href='http://www.dorfonlaw.org/2009/11/credit-card-business.html' ref='tag:blogger.com,1999:blog-36951752.post-7090520144710409937' source='http://www.blogger.com/feeds/36951752/posts/default/7090520144710409937' type='text/html'/><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='blogger.itemClass' value='pid-1186401053'/></entry><entry><id>tag:blogger.com,1999:blog-36951752.post-5258908753581388882</id><published>2009-11-16T11:22:09.181-05:00</published><updated>2009-11-16T11:22:09.181-05:00</updated><title type='text'>This is a wonderfully instructive anecdote, Mike, ...</title><content type='html'>This is a wonderfully instructive anecdote, Mike, and your reflections thereon are characteristically just as edifying if not indeed moreso -- many thanks!  One quick complementary anecdote that many &amp;#39;out there in the world&amp;#39; might not know is this: While we tend to think of the paradigmatic &amp;#39;subprime&amp;#39; mortgage debtor as someone who would not otherwise have qualified for mortgage credit at all, this is not the case.  A substantial percentage were in fact &amp;#39;converts&amp;#39; from prime mortgages.  They were, in other words, people more like you who were successfully converted to the mortgage analogue of credit card &amp;#39;revolvers.&amp;#39; The aim of getting prime mortgage debtors to &amp;#39;refi&amp;#39; into subprime mortgages lay at the core of the business model of subprime mortgage orginators, as well as those of subprime mortgage bundlers and mortgage-backed security sellers.  And the reason for this is much the same as that which you intimate here:  These firms profit only when they succeed in luring large numbers of people into debt peonage, just as London bankers did in the 18th century with colonial Virginian and North Carolinian planters, and just as many NY and Philadelphia banking interests did with midwestern farmers in the late 19th and early 20th centuries.  Plus ca change!&lt;br /&gt;&lt;br /&gt;Thanks again,&lt;br /&gt;Bob</content><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/36951752/7090520144710409937/comments/default/5258908753581388882'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/36951752/7090520144710409937/comments/default/5258908753581388882'/><link rel='alternate' type='text/html' href='http://www.dorfonlaw.org/2009/11/credit-card-business.html?showComment=1258388529181#c5258908753581388882' title=''/><author><name>Bob Hockett</name><uri>http://www.blogger.com/profile/14006843418042901096</uri><email>noreply@blogger.com</email><gd:image xmlns:gd='http://schemas.google.com/g/2005' rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='http://img2.blogblog.com/img/b16-rounded.gif'/></author><thr:in-reply-to xmlns:thr='http://purl.org/syndication/thread/1.0' href='http://www.dorfonlaw.org/2009/11/credit-card-business.html' ref='tag:blogger.com,1999:blog-36951752.post-7090520144710409937' source='http://www.blogger.com/feeds/36951752/posts/default/7090520144710409937' type='text/html'/><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='blogger.itemClass' value='pid-42733285'/></entry></feed>
