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February 27, 2019 01:56 pm PST

AOC grills Equifax CEO: the Congressional record now contains the obvious, infuriating truth that everyone else already knew

Virtually everyone who's ever had the credit-rating system explained to them immediately understood that this was a complete scam: these companies that most of us have never heard of nonconsensually ingest gigantic mountains of data about you and your life and produce a numeric score that is nearly impossible to explain and extremely frustrating to alter, and that number is used to determine your access to work, rental accommodations, loans, mortgages and more.

And that's before you factor in the history of these companies, rooted in the idea of compiling secret dossiers to destroy the lives of political dissidents, activists, queer people, and other downtrodden people.

And it's also before you factor in Equifax's monumental security blunder that leaked the most sensitive and personal data of virtually every adult American, as well as millions in other countries around the world.

Enter Alexandria Ocasio-Cortez, who has made an art out of using her committee time to ask the kinds of pointed questions that reveal the extent to which the system is rigged and corrupt, and has been for a very long time (it's no wonder that corporate lobbyists dread approaching her).

At a Tuesday meeting of the House Financial Services Committee, AOC grilled Equifax CEO Mark Begor over the business's practices, laying out the case against the credit reporting industry with just a few simple questions: first setting the scene by establishing that there is no way for Americans to opt out of having their data amassed by the bureaux, and then firebombing it by pointing out that 20% of Americans -- millions and millions of people -- have had substantial errors in those dossiers, with potentially life-ruining consequences. Read the rest


Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/z_T14XaOeG8/mark-begor-slayer.html

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