In Defense of Debt Collection
You know hypocrisy, as when the pot calls the kettle black? Well, this news report gives new meaning to the idea:
The rise in American consumer debt has been accompanied by a sharp increase in complaints about aggressive and sometimes unscrupulous tactics by debt collection agencies, a phenomenon that has government regulators increasingly concerned.
So the government is concerned about rough tactics, huh? Try skipping out on your taxes this year and see how rough the tactics can become. Try hiring an employee at less than the official wage floor and see what becomes of your business. Try to put a tool shed on the “wetland” in your backyard and see what the regulators do.
If foreign producers try selling too many peanuts or t-shirts, or attempt to charge a genuine market price, the whole weight of leviathan comes down on their heads. If their government leaders say something nasty about the US president, they risk being overthrown or having their cities blown up.
In other words, the US government is in no position to complain about rough tactics in the seizure of property.
What’s more, the government acts without prior contract. No one is ever asked if he would or would not like to pay taxes, obey regulations, or adhere to US dictates on trade or foreign policy. The government presumes that you are under its control just because you happen to be born within territory that it controls. In short, the government always and everywhere acts aggressively, which means to use force against someone without an
Article from Mises Wire