Debt Collector's Untold Role In Scott Brown Victory

[Joanne98]

We often hear about the role that the pharmaceutical industry, for-profit health care companies, and big banks have in influencing and corrupting elections and elected officials. But there is another group to add to this list: Debt Collectors. This is a billion dollar industry, and its political agenda goes far beyond the day-to-day regulation of collecting debts. The debt collection industry opposes any number of financial reforms as well as access to health care. Why? Predatory lending and huge health care bills keep people in debt. The more people that are in debt, in turn, the more profitable the industry.

In essence, debt collectors are the bottom-feeders that get rich digging and feeding on the garbage produced by our current system.

This broad political agenda was the reason the debt collectors trade group, Association of Credit and Collection Professionals or ACA, mobilized on behalf of Scott Brown. For 48 hours before the election, ACA did not just raise a little money for Brown. ACA members from all over the country stopped collecting debt and, instead, made free calls to voters is Massachusetts on behalf of Brown. Query whether those in-kind donations will ever be reported to the Federal Elections Committee.

consumerlawyer's diary :: :: Although I had head that these phone calls were taking place, and, by phone calls, I mean millions of phone calls. It was all laid out in an ACA press release sent after the election. The press release is entitled "ACA Members Help Influence Brown Election."

continued>>>
http://www.dailykos.com/storyonly/2010/2/8/835124/-Debt-Collectors-Untold-Role-In-Scott-Brown-Victory

[IndianaGreen]

1. A very informative OP about the role of the debt collection industry

K&R

:kick:

[nashville_brook]

2. big K n R...

[Cha]

3. Debt Collectors for scott brown..bottomfeeders for brown.

[Vidar]

4. K&R.

[tango-tee]

5. KnR

Never thought of this angle before. It makes sense. Good lord, how much deeper into the muck will be have to dig? It gets more disgusting by the day.

[AzDar]

6. K & R

& :puke:

[City Lights]

7. Senator Bottom-feeder. How fitting. nt

[glinda]

8. K&R n/t

[Abq_Sarah]

9. I've never used a debt collection agency

Because I don't like their methods and it's not an image I want associated with my company.

That said, this year I've moved to pre-billing for services. Way too many people were saying... they can wait for their money... and it was endangering the health of my company.

[secondwind]

10. OMG, I had no idea.............for sure, Brown will be a 22-month Senator, and nothing more.

[asdjrocky]

11. Debt collector?

Lowest form of life.

This is said by a guy whose father was a repo man for 38 years. My father would actually do everything he could not to take a persons car. He used to hand out his business card with a dime taped to it.

He would say to them, "Call me before it gets too bad and we'll work it out."

He really cared about people, the new breed is the worst.