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Most Americans Are Slaves And They Don’t Even Know It
TEC ^ | 02/24/2015 | Michael Snyder

Posted on 02/24/2015 3:15:00 PM PST by SeekAndFind

Most Americans spend their lives working for others, paying off debts to others and performing tasks that others tell them that they “must” do. These days, we don’t like to think of ourselves as “servants” or “slaves”, but that is what the vast majority of us are. It is just that the mechanisms of our enslavement have become much more sophisticated over time. It has been said that the borrower is the servant of the lender, and most of us start going into debt very early into our adult years. In fact, those that go to college to “get an education” are likely to enter the “real world” with a staggering amount of debt. And of course that is just the beginning of the debt accumulation. Today, when you add up all mortgage debt, all credit card debt and all student loan debt, the average American household is carrying a grand total of 203,163 dollars of debt. Overall, American households are more than 11 trillion dollars in debt at this point. And even though most Americans don’t realize this, over the course of our lifetimes the amount of money that we will repay on our debts is far greater than the amount that we originally borrowed. In fact, when it comes to credit card debt you can easily end up repaying several times the amount of money that you originally borrowed. So we work our fingers to the bone to pay off these debts, and the vast majority of us are not even working for ourselves. Instead, our work makes the businesses that other people own more profitable. So if we spend the best years of our lives building businesses for others, servicing debts that we owe to others and making others wealthier, what does that make us?

In 2015, the words “servant” and “slave” have very negative connotations, and we typically don’t use them very much.

Instead, we use words like “employee” because they make us feel so much better.

But is there really that much of a difference?

This is how Google defines “servant”…

“a person who performs duties for others, especially a person employed in a house on domestic duties or as a personal attendant.”

This is how Google defines “slave”…

“a person who is the legal property of another and is forced to obey them.”

This is how Google defines “employee”…

“a person employed for wages or salary, especially at nonexecutive level.”

Yes, most of us might not be “legal property” of someone else in a very narrow sense, but in a broader sense we all have to answer to someone.

We all have someone that we must obey.

And we all have obligations that we must meet or else face the consequences.

At this point, Americans are more dependent on the system than ever before. Small business ownership in the U.S. is at a record low, and the percentage of Americans that are self-employed has fallen to unprecedented levels in recent years. From a very early age, we are trained to study hard so that we can get a good “job” (“just over broke”) and be good cogs in the system.

But is that what life is about?

Is it about being a cog in a system that ultimately benefits others?

Perhaps you don’t think that any of this applies to you personally.

Well, if someone came up to you and asked you what you truly own, what would you say?

Do you own your vehicle?

Most Americans don’t.

In fact, today the average auto loan at signing is approximately $27,000, and many of them stretch on for six or seven years.

What about your home?

Do you own it?

Most Americans don’t.

In fact, overall the banks have a much greater “ownership” interest in our homes and our land than we do.

But even if you have your home totally “paid off”, does that mean that you actually “own” it?

Well, no, not really.

Just see what happens if you quit paying your property taxes (rent) to the proper authorities.

So if they can take your home away from you for not paying rent (property taxes), do you really own it?

That is something to think about it.

What about all of your stuff?

Do you own it?

Perhaps.

But a very large percentage of us have willingly enslaved ourselves in order to acquire all of that stuff.

Today, the typical U.S. household that has at least one credit card has approximately $15,950 in credit card debt.

And if you do not pay off those credit card balances, the credit card companies will unleash the hounds on you.

Have you ever had an encounter with a debt collector?

They can be absolutely brutal. And they use those tactics because they work. In fact, they are so good at what they do that many of those that own debt collection companies have become exceedingly wealthy. The following is from a recent CNN article

Yachts. Mansions. Extravagant dinner parties. Life is good for the founders of one of the nation’s biggest government debt collectors.

That firm, Linebarger Goggan Blair & Sampson, rakes in big money from government contracts that allow it to pursue debtors over toll violations, taxes and parking tickets. While the debts often start small, the Austin-based firm charges high fees, which can add hundreds or even thousands of dollars to the bill.

After growing this business from a small Texas law firm in the late 1970’s to a nationwide debt collection powerhouse, the firm’s founders and top brass have walked away with millions of dollars.

And I haven’t even mentioned our collective debts yet.

We have willingly chosen to collectively enslave ourselves on a local, a state and a national level.

It is bad enough that we are doing this to ourselves. But we are also cruelly saddling future generations of Americans with the largest mountain of debt in the history of the planet. The following is from my previous article entitled “Barack Obama Says That What America Really Needs Is Lots More Debt“…

When Barack Obama took the oath of office, the U.S. national debt was 10.6 trillion dollars. Today, it has surpassed the 18 trillion dollar mark. And even though we are being told that “deficits are going down”, the truth is that the U.S. national debt increased by more than a trillion dollars in fiscal 2014. But that isn’t good enough for Obama. He says that we need to come out of this period of “mindless austerity” and steal money from our children and our grandchildren even faster. In addition, Obama wants to raise taxes again. His budget calls for 2 trillion dollars in tax increases over the next decade. He always touts these tax increases as “tax hikes on the rich”, but somehow they almost always seem to end up hitting the middle class too. But whether or not Congress ever adopts Obama’s new budget is not really the issue. The reality of the matter is that the “tax and spend Democrats” and the “tax and spend Republicans” are both responsible for getting us into this mess. Future generations of Americans are already facing the largest mountain of debt in the history of the planet, and both parties want to make this mountain of debt even higher. The only disagreement is about how fast it should happen. It is a national disgrace, but most Americans have come to accept this as “normal”. If our children and our grandchildren get the opportunity, they will curse us for what we have done to them.

So can we really call ourselves the “home of the brave and the land of the free”?

Isn’t the truth that the vast majority of us are actually deeply enslaved?


TOPICS: Business/Economy; Government; Society
KEYWORDS: debt; economy; slavery
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To: IronJack

Slavery is the same as a 100% tax rate on income. Any lesser percent is merely a matter of degree.


21 posted on 02/24/2015 4:13:16 PM PST by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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To: SeekAndFind
What about your home?

Do you own it?

Most Americans don’t.

Actually, nobody owns their home. You may have title to it but after you pay off the bank you're now just renting it from the local tax assessor's office. Just try skipping your real estate taxes and see how long you continue to 'own' your home.

22 posted on 02/24/2015 4:14:43 PM PST by AustinBill (consequence is what makes our choices real)
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To: SeekAndFind

The Grandpa sharecropped for 70 of a 70/30 split.....during an acknowledged recession.

The government(s) now confiscate 55-65% now (when you comprehend ALL of the ‘taxes’).

Taxation is still theft.


23 posted on 02/24/2015 4:19:09 PM PST by S.O.S121.500 (Had ENOUGH Yet ? ........................ Enforce the Bill of Rights ......... It's the LAW !!!)
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To: SeekAndFind

two kinds of slavery...
one is usually voluntary (signing up for mortgages or car payments or credit card clothing purchases, etc)

the other is truly involuntary (taxes)

..the first is the natural result of maximal individual liberty, you can do more things in your life if you have access, at least, to some credit

...the second (while in PART necessary) is (at least in its excess) genuine involuntary servitude (slavery)


24 posted on 02/24/2015 4:26:25 PM PST by faithhopecharity ((Brilliant, Profound Tag Line Goes Here, just as soon as I can think of one..).)
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To: SeekAndFind

Good article.

One thing the article missed is that income tax withholding has rendered everyone into sharecroppers. That’s because our boss takes his share of the fruits of our labors FIRST and then we get to have whatever our boss is munificent enough to allow to us.

Out of our share of the fruits of our labors many of us willingly indenture ourselves to banks to repay debts with sometimes outlandish amounts of interest. Thus also making people into indentured servants.

But if the banks get a court order attaching someone’s wages and holdings in order to repay a debt then people actually become slaves because sometimes a court will order a person to labor in order to repay a debt, interest, and court costs.

Naturally, if you do not owe any money to the banks they punish you for your resistance to the Collective by causing your credit score to go down. A ‘good’ credit score is a persons’ reward for giving their income to the banks on a reliable schedule.

Screw the banks. Pay cash.


25 posted on 02/24/2015 4:26:37 PM PST by MeganC (You can ignore reality, but reality won't ignore you.)
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To: SeekAndFind

Years ago I tried to open an account at one of the largest ranches in S. Texas, I was informed that they would not do it because I had no credit at all.
The lady asked me how a 52 year old man had no credit. I told her I paid cash gor everything. She asked about my house I told her I built it on land I paid cash for.
I went down the street to a bank formed in a town along the Rio Bravo, they opened my account. There aint but three things that come from that town.


26 posted on 02/24/2015 5:36:00 PM PST by Bibman (Tea Party since 1976. Throw ALL the bums out!)
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To: Bibman

“Years ago I tried to open an account at one of the largest ranches in S. Texas, I was informed that they would not do it because I had no credit at all.”

I don’t understand, why would you want/need to open an account at a ranch?


27 posted on 02/24/2015 6:50:00 PM PST by PLMerite (Shut the Beyotch Down! Burn, baby, burn!)
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To: SeekAndFind

Slavery is just a step towards where “Those That Rule” want to take us. Next step is Pet-Status, where they get to openly make decisions about wheteher to continue with us or put us down. Final step is “Livestock Status where we exist solely at the pleasure/discretion of the government and when “ripe” our bodies can be harvested or destroyed as they see fit - this status is akin to the current “Embryo-Status that allows millions of babies to be destroyed for convenience and is a crucial desensitizing step in the overall agenda.


28 posted on 02/25/2015 3:58:09 AM PST by trebb (Where in the the hell has my country gone?)
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To: SeekAndFind

A lot of Freepers tell me Chinese factory workers in US operated off shored plants aren’t slaves but proclaim we are slaves in the USA. LOL.


29 posted on 02/25/2015 4:01:55 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: PLMerite

My tablet has been giving me fits!

The bank is owned by the ranch!


30 posted on 02/25/2015 6:18:27 AM PST by Bibman (Tea Party since 1976. Throw ALL the bums out!)
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To: Bibman

I was thinking maybe you meant this kind of ranch:

http://en.wikipedia.org/wiki/Chicken_Ranch_(Texas)


31 posted on 02/25/2015 7:06:24 AM PST by PLMerite (Shut the Beyotch Down! Burn, baby, burn!)
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To: SeekAndFind

I’ve been a slave to the US$ all my life . .
and knew that once I had to earn a living for myself.


32 posted on 02/26/2015 2:11:12 PM PST by ßuddaßudd (>> F U B O << "What the hell kind of country is this if I can only hate a man if he's white?")
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