Yet by accepting the loan, the person has entered into debt slavery to the creator of the money. The debt slave labors his/her entire life to repay the loan plus interest. Only 8% of the loan is risked capital, and all the interest paid is pure profit for the bank. The principle that was created with the loan simply disappears when the loan is paid off with interest. This is why banks are so willing to lend to anyone, with any credit history. They have little to lose. By allowing banks to make vast amounts of money via this scam, Capitalism has made the bankers the masters of us all. Over the centuries they have taken over government-after-government by convincing ignorant politicians to support their system of private central banking. They have manipulated governments into allows them to create the money from nothing. In fact much of the history of the United States is the story of the conflict between bankers and the people. Read the history of central banks in the US. Andrew Jackson was the last president who tried to stand up to the bankers. In 1913, Woodrow Wilson gave them control of our country, an act that he regretted to the end of his life. (He was blackmailed into doing so; the bankers knew about his illegitimate son.)
Yes I often look at venezuela and wish we were a socialist nation. Nazis were socialists as well. The socilaist countries of Europe are welfare leeches, supported by the capitalistic countries. If I were a lazy good for nothing blight on society I too would be in favor of socialism. People make themselves poor.
Without Bank loans, people could live their whole lives in tents and not be slaves to the banks. What a great life that would be. Be free. Don't live in a house with a mortgage and a job. Live in a tent or a cardboard box on the street. Better yet, only buy something you can afford.
Bank loans are one of the things which has driven up real estate prices. The Nazi's were National Socialists, not Socialists. Venezuela has never had any tradition of democracy.
The US had practiced slavery. Now we don't anymore, but people have internalized their slavery. So they still serve as slaves struggling to comply with social expectations.
SJG
President Trump Threatens Political Opponents with Violence
President Trump appeared to threaten his political opponents with violence in an interview published Thursday by the far-right website Breitbart. Trump accused his opponents on the left of “playing tough” but said his supporters are tougher, telling Breitbart, “I have the support of the police, the support of the military, the support of the Bikers for Trump—I have the tough people, but they don’t play it tough—until they go to a certain point and then it would be very bad, very bad.”
@CJKent go ahead boycott the system move out into a ravine or sleep under a bridge, go ahead and show us that you’re not full of shit. Stupidity feeds on itself.
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The US had practiced slavery. Now we don't anymore, but people have internalized their slavery. So they still serve as slaves struggling to comply with social expectations.
SJG
President Trump Threatens Political Opponents with Violence
President Trump appeared to threaten his political opponents with violence in an interview published Thursday by the far-right website Breitbart. Trump accused his opponents on the left of “playing tough” but said his supporters are tougher, telling Breitbart, “I have the support of the police, the support of the military, the support of the Bikers for Trump—I have the tough people, but they don’t play it tough—until they go to a certain point and then it would be very bad, very bad.”
Jeff Healey Band
https://www.youtube.com/watch?v=U5Qb-6Qk…
Good:
https://www.amazon.com/Status-Anxiety-Al…
SJG