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The New Slavery: Millions of Americans Chained By Debt
http://newspundit.net/americainchains.html ^ | 4/4/2005 | Roger Jolly

Posted on 04/04/2005 10:46:18 AM PDT by ex-Texan

The average American in the year 2005 lives a fragile existence, in a struggle for survival that can be ended by missing a few paychecks. The carrot at the end of the stick which was formerly known as "the American dream" has been replaced by a whip that can best be described as the "American nightmare" * * * You no longer work to achieve a better life for yourselves and your children. You work to keep a roof over your head, and you pray that you don't lose it. You became a slave when fear replaced incentive as your motivation to work, but I still suggest that you work while you can, because if the company you work for can't send your job overseas, the U.S. government is allowing 2000 people per day to enter this country illegally, because they're willing to do your job for less.

It doesn't matter if you're a "white collar" or "blue collar" employee. If you're an American, you're too highly paid. There are billions of people who want your job, and your government is doing all they can to see that you lose it to them. You see, we're not really American citizens anymore. We are viewed by the government as "consumers" and "tax payers." Now we're just anonymous faces in the "global village," because our government has sold our nation to foreigners and international bankers, and the new bankruptcy law has doomed the American citizen to a life of debt slavery.

Government will insist that illegal immigrants are only doing jobs that Americans refuse to do, and you'll probably believe it, because if you're watching the "Mainstream Media" that endorses this nonsense, you probably still have your job.

Illegal immigrants are doing jobs that Americans always did, and every unemployed American I talk to cannot find a job anywhere. And just like the European immigrants that flooded this country before the economic depression of the 1930's, today's illegal immigrants also have no gripe with a government that has allowed them work for high wages in America, and send billions back to their homeland. Nor do they care very much about our constitution, bill of rights, or way of life. They're only here for what they can grab, and our government has welcomed them with open arms, because they're grabbing it from you.

You're already working much longer, and much harder, to achieve a much lower standard of living than the previous generation, and 25 percent of working Americans no longer even get a vacation. The Social Security retirement age has been raised to match the life expectancy of American males, so apparently, you're also expected to work until you're dead. When you do finally get a vacation, they only trip you'll be taking will be in a pine box, and that's only if you're one of the lucky ones. Most of us will only get the state-issued canvas bag that gets tossed into the pit with all the others.

If you don't mind the fact that you'll be working until you're dead, you might also want to consider the fact that you'll get nothing for your labor, because this nation's economy may be about to crash like a freight train, and when it does, everything you've worked for will vanish. After the depression gets ugly, and your family has made the adjustment from three meals per day to three meals per week, the newspapers will blame your hunger on "the economy," as if it were some magical force that uncontrollably ruined a couple hundred million lives. Nothing could be further from the truth.

Politicians and international bankers can manipulate national economies at will, much in the way the media manipulates your mind, and a decision has been made to impoverish Americans, because global government requires that everyone in the world have an equally low standard of living. Simply put, we're being robbed of all we've worked for, because our government wants us to be poor, hungry, and docile, dependant upon them for our existence, and in fear of them for our lives. The government of the United States is intentionally destroying the economy of the United States, because the politicians and the international bankers they work for have decided that the American way of life, and catering to the demands of the American constitution, is simply too expensive.

Regardless of how wealthy you think you are, you actually have no real money at all. The "federal reserve notes" that are in your wallet, and your bank account, aren't really money, but are actually only paper on a debt that can never be paid, not even by combining all the assets and labor of every American alive today. Any loan-shark with a third grade education will tell you "that paper's no good," and naturally, the foreign investors who allow us to float this debt, have come to the same conclusion.

What is commonly known as the "U.S. dollar," represents a debt that is owed by the U.S. federal government, to the federal reserve bank. The federal reserve bank happens to be the privately owned entity that lent the money that's represented by the paper in your wallet. The federal reserve act signed away everything you own, and the fruit of your labor as collateral on this debt, and as foreign investors are becoming increasingly unwilling to invest the $2 billion per day needed to cover the interest, our creditors will want to collect it.

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TOPICS: Business/Economy; Constitution/Conservatism; Crime/Corruption; Culture/Society; Editorial; Foreign Affairs
KEYWORDS: aliens; debt; economy; housingbubble; illegalworkers; jbs; mywhatacheerypost
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1 posted on 04/04/2005 10:46:19 AM PDT by ex-Texan
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To: ex-Texan
Credit card companies WANT you to miss that one payment so they can jack your rate through the stratosphere.

They don't want you to pay off your balance every month.

CitiBank will eventually transfer you to somebody else's card if you do.

2 posted on 04/04/2005 10:49:14 AM PDT by E. Pluribus Unum (Drug prohibition laws help fund terrorism.)
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To: ex-Texan

Wow, a thread that's NOT about the flu.


3 posted on 04/04/2005 10:50:36 AM PDT by TheBigB (Need a thread hijacked? Call TheBigB! 24 hours a day...reasonable rates...inquire within...)
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To: ex-Texan

adults facing adult consequences of making adult decisions. i don't see a problem per se.

responsibilities can be tough, especially for unforeseen events that are unplanned for, but isn't the debtor the one who made the decisions?


4 posted on 04/04/2005 10:50:45 AM PDT by camle (keep your mind open and somebody will fill it with something for you))
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To: ex-Texan

On the bright side, I can report that there's some new life to the tech job market, now that H1-Bs sell out by January 2nd. It's not easy at all anymore to get a foreign worker into the US for a tech job if they're not already here.

Where it comes to unskilled labor is where the problem is most severe, and the people on the lower rungs of the ladder are being hit the hardest.


5 posted on 04/04/2005 10:51:39 AM PDT by thoughtomator ("The Passion of the Opus" - 2 hours of a FReeper being crucified on his own self-pitying thread)
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To: ex-Texan
You are a slave to ever rising taxes to pay for gold plated benefits for union government workers and to buy votes in socialist welfare programs.

Don't pay your property taxes, they will take your house.
Don't pay you income taxes, they will throw you in jail and garnish any wages
You are guilty until proven innocent in tax disagreements

The Branch Davidian Siege? Ruby Ridge? That was over a TAX on guns...

6 posted on 04/04/2005 10:51:48 AM PDT by 2banana (My common ground with terrorists - They want to die for Islam, and we want to kill them.)
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To: camle

Maybe debt management needs to be taught in high school ?


7 posted on 04/04/2005 10:52:31 AM PDT by Eric in the Ozarks
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To: ex-Texan

DEBT IS DUMB!! Live on less than you make, or expect your labor to make someone else rich! IT'S BEEN THAT WAY SINCE THE BEGINNING OF MONEY, AND IT WILL BE THAT WAY UNTIL MONEY NO LONGER EXISTS!!!

This isn't rocket science... STOP OVERSPENDING! Live on less than what you make TODAY and BUILD WEALTH.. or don't and make someone else WEALTHY! I don't care what lies you're being told by others, THAT'S THE TRUTH!.


8 posted on 04/04/2005 10:52:52 AM PDT by HamiltonJay
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To: thoughtomator

Tech help is slowly coming back. Businesses are not amused when they have to wait hours just to get someone who speaks English on the phone. In house trained Network people and IT support is rebounding, from what I've seen.

~Corey


9 posted on 04/04/2005 10:54:17 AM PDT by corlorde (Without the home of the brave, there would be no land of the free)
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To: E. Pluribus Unum
Be not a borrower nor a lender be.

CC companies also target young people - 18 years old and in college, with no job or income and no credit history? Here's a credit card with a $1000 limit! Also, did we tell you that you can use it like an ATM card and get cash? (at a higher rate?)

Also, the United States as a country is very debt ridden and always borrowing more(from China no less).

10 posted on 04/04/2005 10:55:02 AM PDT by conserv13
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To: ex-Texan
The New Slavery: Millions of Americans Chained By Debt ^

Sure,.....but,...

....these slaves are ......dressed in T.V. Movie.....'designer' clothes!!!

....Burkas uniform of the future slaves.....

....save the oil,.....buy a camel?

:-)

11 posted on 04/04/2005 10:55:49 AM PDT by maestro
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To: camle

Spoken from a person who already has their house paid off, or locket in a price that is probably 1/4 of the current asking price of ones house. It's a little different for people now-a-days. You have to fork over a ton of cash to live where the jobs are at, AND where you don't dodge bullets to get to and from work every day. I'd like to see YOU try to buy a house in Northern Virginia now if you were in your 20s and didn't have money from Mommy and Daddy to help you out. Stop looking down your nose at those just starting out now.


12 posted on 04/04/2005 10:56:02 AM PDT by SengirV
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To: ex-Texan
" I believe that banking institutions are more dangerous to our liberties than standing armies . . . If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] . . . will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered . " -- Thomas Jefferson -- The Debate Over The Re Charter Of The Bank Bill, (1809)
13 posted on 04/04/2005 10:56:13 AM PDT by AdamSelene235 (Truth has become so rare and precious she is always attended to by a bodyguard of lies.)
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To: Eric in the Ozarks

it would be better to teach debt management than half the social junk they do teach.

but the real threat to the economic well being of the public is federal taxation.


14 posted on 04/04/2005 10:56:33 AM PDT by camle (keep your mind open and somebody will fill it with something for you))
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To: ex-Texan
Amazing read on how the consequences of irresponsible acts equate to slavery. My wife and I live comfortably, manage to save some for retirement. We live the way we can afford to live and that means we don't have a 200 square foot plasma TV and get by with one computer and a mediocre stereo. Our car payments and maintenance of the cars were budgeted, so we don't have $40,000 cars.

The real problem is that the same folks who squeal the loudest about people being eaten alive with credit card debt and bad decisions, are the same folks who tend to make people believe that they deserve nothing but the best and they should have it all. When I was growing up, people understood that if you lived beyond your means, you would end up in the street. Today, it's those who expect payment for goods and services that are getting kicked.

15 posted on 04/04/2005 10:56:36 AM PDT by trebb ("I am the way... no one comes to the Father, but by me..." - Jesus in John 14:6 (RSV))
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To: Eric in the Ozarks

They have been needing to teach practical economics in school for over 30 years now.


16 posted on 04/04/2005 10:56:43 AM PDT by TXBSAFH (Never underestimate the power of human stupidity--Robert Heinlein)
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To: E. Pluribus Unum
--on my VISA, which tells me that I have been a member since 1967, I have paid probably $25 in interest in that time--my heart bleeds-not-for those stupid enough not to pay it off the day before it's due---
17 posted on 04/04/2005 10:56:46 AM PDT by rellimpank (urban dwellers don' t understand the cultural deprivation of not being raised on a farm)
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To: maestro
"....save the oil,.....buy a camel?

LOL, LOL, LOL ! I know people who buy Camels everyday. Of course, they are very heavy smokers.

18 posted on 04/04/2005 10:58:43 AM PDT by ex-Texan (Mathew 7:1 through 6)
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To: ex-Texan
Illegal immigrants are doing jobs that Americans always did, and every unemployed American I talk to cannot find a job anywhere.

Seems to me it's Americans hiring all those illegals.

19 posted on 04/04/2005 10:59:25 AM PDT by A Ruckus of Dogs
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To: ex-Texan

To learn how to get out of debt, visit www.daveramsey.com. We're in his 12-week course right now and it's AWESOME!


20 posted on 04/04/2005 11:00:01 AM PDT by inkling
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