Anti-Capitalist Obama Administration Targets Debt Collectors

Under the guise of consumer rights, are local and federal officials seeking to strangle profitable companies through any means available and get them out of the way?  As usual, it is not the outward appearance of things, but the fundamental processes at work that invite earnest scrutiny. Remember when President Obama freely admitted early on in 2008 that he wished to "spread the wealth around"?  But other than saying he wouldn't raise taxes on anyone making less than $250,000 and demonizing the rich, details of his redistribution plan remain generally outside the realm of public awareness. Socialists Richard Cloward and Frances Fox Piven suggested in 1965 that "collapsing current financing arrangements" could unleash "powerful forces" generating "major economic reforms at the national level." Could Obama and his fellow redistributionists be targeting private debt collectors?  These companies recover billions in lost revenue for large corporations, thereby increasing...(Read Full Article)

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