Is Social Credit Coming?

For John, BLUF:  Social Credit, as understood here is the Chinese Communist Party System, calling "for the establishments of unified record system for individuals, businesses and the government to be tracked and evaluated for trustworthiness."  If you don't have credit, you can't do business.  Nothing to see here; just move along.

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Democrats Move to Take Over Your Credit Score and Go Full 'Woke' – Just Like Communist China

from PJ Media, by Reporter Victoria Taft, 11 July 2021, 3:21 PM ET.

Here is the lede plus three:

That was fast.  Here come the Chinese-like social credit scores.

Leftist Democrats, but I repeat myself, are making no secret of their plans to become more like their comrades in China.  They support vaccine passports for COVID mRNA shots in order for people to receive certain social rewards such as going to school or attending a Major League Baseball game, just like the social credit score system in the People’s Republic.  Now, Democrats and Congresswoman Maxine Waters, the chair of the House Financial Services Committee, want your FICO score to go full “woke.”

They’re not even trying to hide it.

USA Today reports that in testimony before Waters’s committee on June 29, the counsel for a group called the National Consumer Law Center, Chi Chi Wu, a product of Harvard and Johns Hopkins, gave away the game on how her law-fare grifting group and people like them want to change FICO credit scores.  Wu and her fellow travelers got a warm reception at the three-hour-plus hearing.

Plainly, social credit, as understood in this context, is anathma to democracy.  When the Government and industry tracks your life based on their perception of your trustworthiness, then you are not free, but are a puppet.  The social credit score determines you educational opportunities, your job progression, your standing in your society.

It is all bad.

Hat tip to the InstaPundit.

Regards  —  Cliff