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Protection Racket

Back in the day, anyone could go sit for the CPA exam. I was required by law to obtain some arbitrary number of college hours and so many accounting courses to sit for it. Since that arbitrary number of hours was pretty close to a masters degree, I went ahead and got one.

Such requirements and licensure, in general, are state funded protection rackets for certain industries in many cases. While I may want my doctor, lawyer or accountant to have jumped through some hoops that prove competence, I’m less concerned about, say, my hair stylist having a license.

13 Responses to “Protection Racket”

  1. comatus Says:

    You left out the engineers and lawyers!

  2. Austrian Anarchy Says:

    I proctored the CPA exam twice. Decided to stick with Finance for my major after watching you people all day.

  3. divemedic Says:

    But we require too many. To get into medical school, I had to have a Bachelor’s degree. Doesn’t matter in WHAT, and there was a guy in my class with a degree in Business Administration, another in Fine Arts. My degree was in EMS administration.
    Making the requirement for medical school into a Bachelor’s would go a long way towards making health care cheaper.

  4. divemedic Says:

    Oops: I meant to say that making medical school a Bachelor’s degree would go a long way towards making health care cheaper.

  5. Frank Says:

    How the hell do you think Universities will be able to keep tenured professors on staff if they don’t get the State to force professions to “licence” those who wish to work in those fields?

  6. Josh Says:

    You know Uncle, I really think there needs to be a license for blogging. We can’t have people posting crap like this, getting people to think about the Ponzi scheme that is their Government.

  7. A Critic Says:

    “While I may want my doctor, lawyer or accountant to have jumped through some hoops that prove competence,”

    So you are delegating your responsibility to contract only with competent people to the most incompetent group of people (the government)?

    Hey Uncle, maybe you should rethink this. There seems to be a gaping hole in your competency testing logic.

  8. A Critic Says:

    If government tests, i.e. driver’s license, medical license, law license, etc, actually were competent tests – the many nightmare horror stories of completely incompetent drivers, doctors, and lawyers would not exist. Oh sure, there would be the occasional fluke or error in the system, but there wouldn’t be over a quarter of those who pass who obviously should have failed.

  9. SayUncle Says:

    Then let that mechanic do your surgery

  10. Blake Says:

    “I’m less concerned about, say, my hair stylist having a license.”

    And boy does it show. 🙂

  11. JTC Says:

    So…”Protection for me, but not for thee”?

    But, leaving alone for the moment the self-importance implied by your include/exclude list, the fact is that physicians *are* in fact just highly paid mechanics, and accountants and the entire tax-avoidance industry exist solely due to labyrinthic tax laws enacted by the same .gov that requires a degree to decipher it…talk about your protection rackets. Just give me a good E.A.

    Better yet, give us all, and I mean ALL, a tithe flat tax system and let CPA’s and ESQ’s get real jobs.

  12. A Critic Says:

    @JTC…why on earth should we have a tithe flat tax system? or any tax system?

  13. JTC Says:

    Critic, anarchist at heart, tea partier by brain.

Remember, I do this to entertain me, not you.

Uncle Pays the Bills

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