Kenneth Wright of Stockton, California was almost knocked down by a S.W.A.T. team breaking down his door one morning. He says they then handcuffed him and put him in the back of a police car.
Federal agents confirmed that the Department of Education was behind the raid on Wright’s house. They were in search of his estranged wife, who had defaulted on her loans.
Though KarlDenninger, Vox Day, and Professor Hale have all weighed in on this story, I thought I would briefly add my two cents worth.Quite simply, this reminds me of a proverb:
The rich rules over the poor, and the borrower is the slave of the lender.
Quite simply, if you owe Uncle Sam money (seeing as how Uncle Sam guarantees the loans, this would essentially be the case) then this sort of thing can happen to you.As a slave, you have no rights.Your owner can do whatever he wants, and there is no recourse for you as a slave.Think carefully before you sign the dotted line.
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