From The Depths of Debt
Everything is twisted and unreal.
Debt is a peculiar poison, it does not kill our bodies, but our souls. It eats at our integrity and wares down our sense of hope and ambition, one’s future becomes a promise of enslavement, rather than one of dreams being accomplished.
This period in our history is a strange one indeed, debt is seen as so normal, as to be essential to business, any sort of economic growth and run of the mill shopping trips. It seems there are many who borrow hundreds and sometimes thousands of pounds to go on holiday, others borrow thousands to do up their kitchens or gardens and governments borrow billions to pay our bloated public sectors, the unending tide of immigrants, single mums, free health, welfare and all the other goodies our parasitic brothers and sisters have come to see as their God-given right.
Well, not God-given, as very few actually believe in anything above their own selfish lusts. But it stands, that we are a peoples enslaved to debt, addicted to it. I have previously wrote that the one thing in our power is to get out of debt, for many of us it is the only thing we have within our power and it is something you can do and start to do now. It is quite simple, first you decide how much you absolutely need to live on, you see what can be cut, things like cable, satellite, mobile phone contracts, cars(if you live in a city). Once you decide what to cut, you can then aim the extra money at the highest interest debt, mostly credit cards, once these have been paid off, you can then go onto unsecured loans and so on. It is a process that may take years, but it is one that will leave you richer, and more in control of your life then before.
It was through my own reading of the economic situation in 2007 and 2008 that made me come to this conclusion myself, I had credit card debt, about £300 worth, a personal loan, about £3000 and a mortgage on a house worth about £100,000. It’s not much compared to some, but it has an effect on one’s outgoings, and on one’s spending power. Because of this I was tempted into more debt, should I save up for something? Well I can barely save, so maybe I should just get it on credit? And this is how most people end up with lots of things, but not much time to enjoy those things, being in a constant struggle to pay installments and get overtime if they can.
So, I paid off my credit card debt, no more late penalties hanging over me, then I put the house up for sale, but the 2008 crash put an early end to that, I had to put it on the market one year later and got just enough to cover the mortgage and bills. Then last year I finally paid off my personal loan and now I am FREE!
It feels great not to be in debt, it is a wonderous thing to see money pile up in savings accounts and I no longer need to worry about paying bills on time or being able to afford something when and if I want it.It is also comforting to know that I no longer pay the parasitic bankers their bonuses, well I do in a round about way through taxes, but I don’t pay them directly through my loan repayments and the tonnes of interest paid.
This is one thing all of us can do, we can keep our integrity, we can remain honest, in spite of the very real temptations to abandon ourselves into the vortex of dissipation that surrounds us, we can free ourselves from bankster enslavement, we can refuse to feed the wolves in sheep’s clothing that are amongst us, we can refuse to be their playthings and we can keep what is ours.
The present circus surrounding the Great American Default, is telling, it reminds me that the MSM have no idea about economics, or if they do, they are keeping quiet about it, and they are creating a very weird and quite unhealthy attitude to government debt. From what I can read, the MSM is united in condemning the American congress for not agreeing to raising the debt ceiling yet, no one asks where this money is coming from, how much it costs to borrow it and no one in the MSM seems to have any moral qualms about politicians enslaving their people through onerous debt. No one!
I have yet to hear or read anyone in the ‘lame stream media’ condemn governments taking out debt. The only thing the useless MSM is talking about is the necessity of raising the debt limit, that’s it, no alternative views, no probing questions of those people demanding that the debt ceiling be raised, no exposes of the effects of rotten governments and the damage they do with ridiculous levels of government debt, no, nothing from the MSM except the usual Obama worship and snide remarks about the ‘Tea Party’, because anything the Teabaggers want is evil, how dare they criticise our Messiah Obamamamamamamama!
What can we do about this insanity?
Number one, get out of debt!