So the socialist democratic party, Socialdemokraterna, have hatched yet another brilliant idea: Providers of loans via text messages ("SMS loans") will be prohibited to provide loans to anyone under 18 years of age. Wow, that must have taken them a long time to agree on.
And here I was thinking that the law already protected people under the age of 18 against taking loans or any kind of credit really, whether it's approved via SMS, e-mail or in a store or bank. What's the bloody point of making these regulations depend on specific technology that exists today but might very well be gone tomorrow? When will Socialdemokraterna insist that we ban Facebook-loans for people under 18? Or MySpace-loans? Or iPhone app loans?
My god these people are dumber than breadsticks.