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Monday, February 08, 2010


The profit system distorts more than you think

Did you know that debt collectors across the country mobilized en masse to support Scott Brown in the recent election? Why on earth did they do that? Let them tell it:
With the very real threat of the Consumer Financial Protection Agency looming in Congress, as well as wholesale changes to a health care system that would affect many credit and collection professionals' livelihoods, ACA members helped the Brown campaign create a groundswell to victory.
Changes in the health care system or more protection for consumers? Why, what kind of socialist are you? Don't you want people to go into debt (and, ultimately, go bankrupt) so that the debt collectors can have a job? The debt collectors do!

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