Posted 3 years ago on Nov. 1, 2018, 3:10 p.m. EST by agkaiser
from Fredericksburg, TX
This content is user submitted and not an official statement
Capitalism is the freedom of the rich to enslave Human Race with debt. If you don't see that you need to free your mind from the program the elite class has been writing therein since birth. WTFU!
"... a major reason why Hillary lost the 2016 election. She kept saying, 'Aren't you better off today than you were eight years ago when Mr. Obama was elected?' Well, most people, especially in the Midwest, said, 'No, we're not better off. Are you kidding? We've lost our homes, employment's down, our wages are lower, our pension funds are being seized. Of course we're not better.' So more and more voters stayed home....
"... the volume of debt expands exponentially, by compound interest. All the debt that people owe keeps mounting up more and more arrears. And if you miss a payment on your credit card, or even if you miss a payment to the electric utility or any other monthly bills, your credit card's interest rate goes up from 11 or 12% to 29%. All this accumulates up and up and up. And the result is that personal debt service relative to income is going up. Corporate debt service relative to income is going way up, and the share of government budgets that must be paid to bondholders is going up. That means that people don't have enough money to go and buy the goods and services they produce...."