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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 The carrot at the end of the stick which was formerly known as "the American dream" has been replaced by a whip that can best be described as the "American nightmare" * * * You no longer work to achieve a better life for yourselves and your children.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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To: TXBSAFH

Maybe junior high. High school freshmen carry credit cards these days.


21 posted on 04/04/2005 11:00:27 AM PDT by Eric in the Ozarks
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To: SengirV

Move...


22 posted on 04/04/2005 11:00:35 AM PDT by dakine
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To: SengirV

don't i WISH my house is paid for!;-) AND my car, AND my credit cards.

my point is that my debt is the result of my decisions as an adult and I manage it. it is not your responsibility . should the unforeseen occur then it would be MY problem, and I would have to bear the consequences.

when I make a decision to get into debt whether buying a car or house, or whatever, I don't ask you. nor should I ask you to take over shuold I come onto hard times.

and btw, people have been whining about housing prices since I was significantly younger and a nice waterfront house cost a whopping 38,000. Of course, the average annual wage was less than 10,000 too. buying a house has NEVER been easy.


23 posted on 04/04/2005 11:01:33 AM PDT by camle (keep your mind open and somebody will fill it with something for you))
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To: conserv13
Also, the United States as a country is very debt ridden and always borrowing more(from China no less).

There are no incentives for bank savings - low interest rates which you get taxed on to boot. However, this is no excuse for outrageous credit card balances.

24 posted on 04/04/2005 11:01:39 AM PDT by Rummyfan
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To: SengirV
"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."
In your 20s you are SUPPOSED to rent and to be saving for the down payment.
25 posted on 04/04/2005 11:02:15 AM PDT by GSlob
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To: SengirV

The problem with today's 20 year olds, they spend as if they've been working for 30 years. It's their own fault if they get themselves into debt.


26 posted on 04/04/2005 11:02:38 AM PDT by 1Peter3v14
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To: ex-Texan

IMHO the erosion of the standard of living, for the most part, is a myth. When I was a kid we had one TV with rabbit ears, one phone, two old cars that Dad often fixed, etc. etc. etc. They just spent less and saved more.


27 posted on 04/04/2005 11:02:56 AM PDT by Jack of all Trades
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To: SengirV
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.

Housing in NoVa has gone beyond the stratospheric to the astronomical! Best thing I ever did was buy a place back in 1997. How youngsters starting out can even get into a condo now is a mystery.

28 posted on 04/04/2005 11:04:05 AM PDT by Rummyfan
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To: ex-Texan
There are billions of people who want your job...

Live within your means and get all the education you can. Delay gratification, buy the smallest house in the best neighborhood you can afford and plan on a retirement WITHOUT THE HOPE OF SOCIAL SECURITY. Works for me.

29 posted on 04/04/2005 11:04:30 AM PDT by IllumiNaughtyByNature (If Islam is a religion of peace, they should fire their P.R. guy!)
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To: inkling

You beat me.

And am trying to get the Dave Ramsey 12-week course into my church. Hopefully by summer.


30 posted on 04/04/2005 11:04:34 AM PDT by Skooz (Host organism for the State parasite)
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To: dakine

It's not my problem, believe me. But I know I could barely survive in this area where I starting fresh out of college now. Also, it's easy to say move if you have a job that is in wide demand everywhere(medical field for example) but a technical degree can sometimes mean that you are stuck around major metropolitan areas, unless you want to be underemployed in an unfulfilling job.


31 posted on 04/04/2005 11:05:05 AM PDT by SengirV
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To: ex-Texan

Well, it is voluntary, so if anything it is the new indentured servitude rather than the new slavery.


32 posted on 04/04/2005 11:05:06 AM PDT by Rodney King (No, we can't all just get along.)
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To: Skooz

Financial Peace is a great thing, his High School and Middle School programs should be in every school in america... instead programs created by VISA are what are taught if anything is taught at all in most schools! Talk about letting the fox into the hen house!

Teach your kids 3 simple words as soon as they are able to comprehend... "DEBT IS DUMB!"


33 posted on 04/04/2005 11:06:05 AM PDT by HamiltonJay
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To: ex-Texan

Buy Au and Ag. They're assets not debt.


34 posted on 04/04/2005 11:06:10 AM PDT by hubbubhubbub
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To: ex-Texan
"Any loan-shark with a third grade education will tell you "that paper's no good"
----

I'd be happy to rid the author of all the worthless paper he happens to be holding. I don't imagine he really believes all his BS enough to do it though.

However, If he happens to really believe it, he needs to get professional help before he takes a dive. His world is very depressing place.
35 posted on 04/04/2005 11:06:13 AM PDT by Mase
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To: ex-Texan
Socialism is slavery by government.. quite simple really.. always was and will be..
Debt is only slavery when you will not declare bankruptcy.. (in the U.S.)
36 posted on 04/04/2005 11:06:34 AM PDT by hosepipe (This propaganda has been ok'ed by me to included some fully orbed hyperbole....)
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To: Jack of all Trades

baloney. In america in the 1960s, my father was able to get a job out of college, have a wife who did not work, a new car, buy a home, and support 2 children - all on one income. and even workers who did not have college were able to do the same. know anyone who can do that today? today, we have college grads in their 30s still living with their parents.


37 posted on 04/04/2005 11:06:44 AM PDT by oceanview
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To: ex-Texan
The New Slavery: Millions of Americans Chained By Taxes
38 posted on 04/04/2005 11:06:50 AM PDT by TexasCajun
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To: SengirV
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.

If the liberals had any brains, they would go after housing for 18-24 year olds, followed by starter homes for the 25-32 set. Alas, their social liberal tendencies are for those who want to sit on their rumps rather than those who are working hard to get somewhere.

Maybe the compassionate conservatives could grab this cause before anyone notices it. Doubt it, though. But gee, it'd be nice to see Ikea Apartments - furnished rooms (though small) in the $500 a month range. Instead we're investing in pieces of electrons that float around an exchange..
39 posted on 04/04/2005 11:07:23 AM PDT by kingu (What is union scale wage for staging a protest anyway?)
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To: Rummyfan

That is my point exactly. Yet you hear all the know-it-alls here who simply won't listen, or just don't comprehend.


40 posted on 04/04/2005 11:08:28 AM PDT by SengirV
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