The Atlantic: The Secret Shame of the American Middle Class

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http://www.theatlantic.com/magazine/archive/2016/05/my-secret-shame/476415/

Since 2013, the Federal Reserve Board has conducted a survey to “monitor the financial and economic status of American consumers.” Most of the data in the latest survey, frankly, are less than earth-shattering: 49 percent of part-time workers would prefer to work more hours at their current wage; 29 percent of Americans expect to earn a higher income in the coming year; 43 percent of homeowners who have owned their home for at least a year believe its value has increased. But the answer to one question was astonishing. The Fed asked respondents how they would pay for a $400 emergency. The answer: 47 percent of respondents said that either they would cover the expense by borrowing or selling something, or they would not be able to come up with the $400 at all. Four hundred dollars! Who knew?

Well, I knew. I knew because I am in that 47 percent.

I know what it is like to have to juggle creditors to make it through a week. I know what it is like to have to swallow my pride and constantly dun people to pay me so that I can pay others. I know what it is like to have liens slapped on me and to have my bank account levied by creditors. I know what it is like to be down to my last $5—literally—while I wait for a paycheck to arrive, and I know what it is like to subsist for days on a diet of eggs. I know what it is like to dread going to the mailbox, because there will always be new bills to pay but seldom a check with which to pay them. I know what it is like to have to tell my daughter that I didn’t know if I would be able to pay for her wedding; it all depended on whether something good happened. And I know what it is like to have to borrow money from my adult daughters because my wife and I ran out of heating oil.

You wouldn’t know any of that to look at me. I like to think I appear reasonably prosperous. Nor would you know it to look at my résumé. I have had a passably good career as a writer—five books, hundreds of articles published, a number of awards and fellowships, and a small (very small) but respectable reputation. You wouldn’t even know it to look at my tax return. I am nowhere near rich, but I have typically made a solid middle- or even, at times, upper-middle-class income, which is about all a writer can expect, even a writer who also teaches and lectures and writes television scripts, as I do. And you certainly wouldn’t know it to talk to me, because the last thing I would ever do—until now—is admit to financial insecurity or, as I think of it, “financial impotence,” because it has many of the characteristics of sexual impotence, not least of which is the desperate need to mask it and pretend everything is going swimmingly. In truth, it may be more embarrassing than sexual impotence. “You are more likely to hear from your buddy that he is on Viagra than that he has credit-card problems,” says Brad Klontz, a financial psychologist who teaches at Creighton University in Omaha, Nebraska, and ministers to individuals with financial issues. “Much more likely.” America is a country, as Donald Trump has reminded us, of winners and losers, alphas and weaklings. To struggle financially is a source of shame, a daily humiliation—even a form of social suicide. Silence is the only protection.

So I never spoke about my financial travails, not even with my closest friends—that is, until I came to the realization that what was happening to me was also happening to millions of other Americans, and not just the poorest among us, who, by definition, struggle to make ends meet. It was, according to that Fed survey and other surveys, happening to middle-class professionals and even to those in the upper class. It was happening to the soon-to-retire as well as the soon-to-begin. It was happening to college grads as well as high-school dropouts. It was happening all across the country, including places where you might least expect to see such problems. I knew that I wouldn’t have $400 in an emergency. What I hadn’t known, couldn’t have conceived, was that so many other Americans wouldn’t have the money available to them, either. My friend and local butcher, Brian, who is one of the only men I know who talks openly about his financial struggles, once told me, “If anyone says he’s sailing through, he’s lying.” That might not be entirely true, but then again, it might not be too far off.


Hugh Kretschmer
Part of the reason I hadn’t known is that until fairly recently, economists also didn’t know, or, at the very least, didn’t discuss it. They had unemployment statistics and income differentials and data on net worth, but none of these captured what was happening in households trying to make a go of it week to week, paycheck to paycheck, expense to expense. David Johnson, an economist who studies income and wealth inequality at the University of Michigan, says, “People studied savings and debt. But this concept that people aren’t making ends meet or the idea that if there was a shock, they wouldn’t have the money to pay, that’s definitely a new area of research”—one that’s taken off since the Great Recession. According to Johnson, economists have long theorized that people smooth their consumption over their lifetime, offsetting bad years with good ones—borrowing in the bad, saving in the good. But recent research indicates that when people get some money—a bonus, a tax refund, a small inheritance—they are, in fact, more likely to spend it than to save it. “It could be,” Johnson says, “that people don’t have the money” to save. Many of us, it turns out, are living in a more or less continual state of financial peril. So if you really want to know why there is such deep economic discontent in America today, even when many indicators say the country is heading in the right direction, ask a member of that 47 percent. Ask me.

Financial impotence goes by other names: financial fragility, financial insecurity, financial distress. But whatever you call it, the evidence strongly indicates that either a sizable minority or a slim majority of Americans are on thin ice financially. How thin? A 2014 Bankrate survey, echoing the Fed’s data, found that only 38 percent of Americans would cover a $1,000 emergency-room visit or $500 car repair with money they’d saved. Two reports published last year by the Pew Charitable Trusts found, respectively, that 55 percent of households didn’t have enough liquid savings to replace a month’s worth of lost income, and that of the 56 percent of people who said they’d worried about their finances in the previous year, 71 percent were concerned about having enough money to cover everyday expenses. A similar study conducted by Annamaria Lusardi of George Washington University, Peter Tufano of Oxford, and Daniel Schneider, then of Princeton, asked individuals whether they could “come up with” $2,000 within 30 days for an unanticipated expense. They found that slightly more than one-quarter could not, and another 19 percent could do so only if they pawned possessions or took out payday loans. The conclusion: Nearly half of American adults are “financially fragile” and “living very close to the financial edge.” Yet another analysis, this one led by Jacob Hacker of Yale, measured the number of households that had lost a quarter or more of their “available income” in a given year—income minus medical expenses and interest on debt—and found that in each year from 2001 to 2012, at least one in five had suffered such a loss and couldn’t compensate by digging into savings.

You could think of this as a liquidity problem: Maybe people just don’t have enough ready cash in their checking or savings accounts to meet an unexpected expense. In that case, you might reckon you’d find greater stability by looking at net worth—the sum of people’s assets, including their retirement accounts and their home equity. That is precisely what Edward Wolff, an economist at New York University and the author of a forthcoming book on the history of wealth in America, did. Here’s what he found: There isn’t much net worth to draw on. Median net worth has declined steeply in the past generation—down 85.3 percent from 1983 to 2013 for the bottom income quintile, down 63.5 percent for the second-lowest quintile, and down 25.8 percent for the third, or middle, quintile. According to research funded by the Russell Sage Foundation, the inflation-adjusted net worth of the typical household, one at the median point of wealth distribution, was $87,992 in 2003. By 2013, it had declined to $54,500, a 38 percent drop. And though the bursting of the housing bubble in 2008 certainly contributed to the drop, the decline for the lower quintiles began long before the recession—as early as the mid-1980s, Wolff says.

Wolff also examined the number of months that a family headed by someone of “prime working age,” between 24 and 55 years old, could continue to self-fund its current consumption, presuming the liquidation of all financial assets except home equity, if the family were to lose its income—a different way of looking at the emergency question. He found that in 2013, prime-working-age families in the bottom two income quintiles had no net worth at all and thus nothing to spend. A family in the middle quintile, with an average income of roughly $50,000, could continue its spending for … six days. Even in the second-highest quintile, a family could maintain its normal consumption for only 5.3 months. Granted, those numbers do not include home equity. But, as Wolff says, “it’s much harder now to get a second mortgage or a home-equity loan or to refinance.” So remove that home equity, which in any case plummeted during the Great Recession, and a lot of people are basically wiped out. “Families have been using their savings to finance their consumption,” Wolff notes. In his assessment, the typical American family is in “desperate straits.”


Hugh Kretschmer

Certain groups—African Americans, Hispanics, lower-income people—have fewer financial resources than others. But just so the point isn’t lost: Financial impotence is an equal-opportunity malady, striking across every demographic divide. The Bankrate survey reported that nearly half of college graduates would not cover that car repair or emergency-room visit through savings, and the study by Lusardi, Tufano, and Schneider found that nearly one-quarter of households making $100,000 to $150,000 a year claim not to be able to raise $2,000 in a month. A documentary drawing on Lusardi’s work featured interviews with people on the street in Washington, D.C., asking whether they could come up with $2,000. Lusardi, who was quick to point out that a small number of passerby interviews should not be mistaken for social science, was nonetheless struck by the disjuncture between the appearance of the interviewees and their answers. “You look at these people and they are young professionals,” Lusardi said. “You expect that people would say, ‘Of course I would come up with it.’ ” But many of them couldn’t.

In the 1950s and ’60s, American economic growth democratized prosperity. In the 2010s, we have managed to democratize financial insecurity.

If you ask economists to explain this state of affairs, they are likely to finger credit-card debt as a main culprit. Long before the Great Recession, many say, Americans got themselves into credit trouble. According to an analysis of Federal Reserve and TransUnion data by the personal-finance site ValuePenguin, credit-card debt stood at about $5,700 per household in 2015. Of course, this figure factors in all the households with a balance of zero. About 38 percent of households carried some debt, according to the analysis, and among those, the average was more than $15,000. In recent years, while the number of people holding credit-card debt has been decreasing, the average debt for those households carrying a balance has been on the rise.

Part of the reason credit began to surge in the ’80s and ’90s is that it was available in a way it had never been available to previous generations. William R. Emmons, an assistant vice president and economist for the Federal Reserve Bank of St. Louis, traces the surge to a 1978 Supreme Court decision, Marquette National Bank of Minneapolis v. First of Omaha Service Corp. The Court ruled that state usury laws, which put limits on credit-card interest, did not apply to nationally chartered banks doing business in those states. That effectively let big national banks issue credit cards everywhere at whatever interest rates they wanted to charge, and it gave the banks a huge incentive to target vulnerable consumers just the way, Emmons believes, vulnerable homeowners were targeted by subprime-mortgage lenders years later. By the mid-’80s, credit debt in America was already soaring. What followed was the so-called Great Moderation, a generation-long period during which recessions were rare and mild, and the risks of carrying all that debt seemed low.

Both developments affected savings. With the rise of credit, in particular, many Americans didn’t feel as much need to save. And put simply, when debt goes up, savings go down. As Bruce McClary, the vice president of communications for the National Foundation for Credit Counseling, says, “During the initial phase of the Great Recession, there was a spike in credit use because people were using credit in place of emergency savings. They were using credit as a life raft.” Not that Americans—or at least those born after World War II—had ever been especially thrifty. The personal savings rate peaked at 13.3 percent in 1971 before falling to 2.6 percent in 2005. As of last year, the figure stood at 5.1 percent, and according to McClary, nearly 30 percent of American adults don’t save any of their income for retirement. When you combine high debt with low savings, what you get is a large swath of the population that can’t afford a financial emergency.

So who is at fault? Some economists say that although banks may have been pushing credit, people nonetheless chose to run up debt; to save too little; to leave no cushion for emergencies, much less retirement. “If you want to have financial security,” says Brad Klontz, “it is 100 percent on you.” One thing economists adduce to lessen this responsibility is that credit represents a sea change from the old economic system, when financial decisions were much more constrained, limiting the sort of trouble that people could get themselves into—a sea change for which most people were ill-prepared.

It is ironic that as financial products have become increasingly sophisticated, theoretically giving individuals more options to smooth out the bumps in their lives, something like the opposite seems to have happened, at least for many. Indeed, Annamaria Lusardi and her colleagues found that, in general, the more sophisticated a country’s credit and financial markets, the worse the problem of financial insecurity for its citizens. Why? Lusardi argues that as the financial world has grown more complex, our knowledge of finances has not kept pace. Basically, a good many Americans are “financially illiterate,” and this illiteracy correlates highly with financial distress. A 2011 study she and a colleague conducted measuring knowledge of fundamental financial principles (compound interest, risk diversification, and the effects of inflation) found that 65 percent of Americans ages 25 to 65 were financial illiterates…………………………………………… continued at http://www.theatlantic.com/magazine/archive/2016/05/my-secret-shame/476415/

Reader Stories Notes

5 Responses

  1. i know who owns my loan and it sure aint FANNIE MAE like their fraudulent power of attorney said. Sure there maybe private investors in Fannie Mae, but imo, that is the big banks like Chase. What privy ist must be to be a private investor in Fannie Mae, NOT! This is some more BS that your govt wants you to believe

  2. Great comments…some of the best words to describe what we American sovereigns are going through. We do not belong to this corportate defacto regime so get out while you can and be FREE! No corporation can make you performe any act without your consent..look up “Clearfield Doctrine”…Be FREE!!

  3. thecompanyofcreators,

    Thank you for taking the time to share this.
    It felt good to read this, this day, this time, this moment in our lives.

    Many will see what you wrote, it’s not in vain. It carries a vibe that is meant to be here, now.

    If I were the jealous type, I’d wish I had written it.
    All being One, I am glad I saw what is already a part of me, here, now.

    Thank you.

    I am at silence for how I am affecting the changes.
    Those that want to control want to know who is ‘not’ going along and who is ‘awake’ and doing as they were ‘not taught’ to do.

    Those of us that know ‘who we are’, and know our Divine gift of the Creator, and know we must control our creation and make it see how it is violating the things it proclaims to abide with.

    We look in the mirror and see we are the ones we waited for and we make sure every move is for the all, for the One.

    How did a few ever control this long, is that they got others to do it for them where they can pretend to claim distance by controlling but not owning any of what is occurring.

    Controlling is ownership. If on one else can do what they do, they own that which they control.

    There is no way to be apart/away from what they do when they are doing it.

    Just as the Supreme Court made it clear in Spokeo, the injury that is concrete can be tangible (something we can see) and intangible (a thing we cannot see).

    That injury can come from that control, and it can be intangible control, and control has an owner or better yet a creator or it would not exist. Someone created that control and is therefore it’s creator.

    Everything hidden will be known.
    There is nothing new under the sun.

    The Supreme Court has slowly revealed the scam in their opinions.
    Those who can’t see the paradigm will not like the decision, it is not absolute, its as coded as the very codes and statutes it brings to light.

    We, the people, were/are ready to wake up, and our beds have been shaken and our homes moved from beneath our feet and around us.

    No one can steal another’s property and pretend it did not happen.
    If ownership changed, if possession changed, something happened to make that change. That’s a fact.

    Who caused the change, and given enough time, where did it originate.

    As there is a chain of title, or a chain of command, there is the chain of control.

    I may be prohibited from seeing it, but not seeing a thing does not mean it does not exist…back to Spokeo, an injury can be an unseen injury, intangible yet be real in it’s effect and concreteness.

    We have eyes to see; many are seeking, and like I, many will find your words. For those when it does not resonate, their ego may hide it from them, the ego covers the thoughts of many with its own thoughts, they think those thoughts are theirs. There is a hard time realizing the existence of something that cannot be seen. Spokeo proves the unseen exists and has real effect.

    Those whose ego has not been controlled, they will shelve this in their hearts and minds because they read them and did not comprehend.
    Those it is given to, to hear and not comprehend.

    Revolver is a good movie about the Ego.
    The Mr Green no one sees, the Mr Gold everyone works for but never met. That after the credits discussion of the ego. That energy that hides and does not want anyone to know it’s there. The best place for an enemy to hide is the last place anyone would look.

    Many look in the mirror and can’t see what’s in their mind, and those that don’t know think the thoughts are theirs, and those that hear it and know it’s not their thoughts are treated with meds for ‘hearing voices’.

    You tell that ego, like a parent to a child who is doing a thing it should not, these words. I read them in a book about controlling your mind.

    Be still! [be like a parent and say it with authority]
    Be Quiet! [be like a parent and say it with authority]
    I am in control! [be like a parent and say it with authority]
    You must obey me! [be like a parent and say it with authority]
    You cannot intrude where you do not belong! [be like a parent and say it with authority]

    It must obey the rules of creation and the law of free will like any source of creation, and it will pause, and think you don’t mean it.
    It will try again to give you thoughts, fear, anything to worry you.

    It is your body.
    Your mind, your responsibility.
    Ego does not pay the rent to be there and causes most of our problems hiding within us.
    The enemy within.

    Make Ego shut up and go.
    Get the internal peace you seek, and rest well, with no worries.

    Should ego return, you state with authority. You are the Creator of your experiences and Ego has gotten in the way.

    Revolver is a hard movie to comprehend, and I had to watch it a few times with a few breaks of months in between to really get the gist of it.

    Some things are so esoteric, their audience is small.
    But like the words above, and like that book about controlling the mind, and like so many other pieces that are in the code of this Matrix, and crop circles and blog posts, the information is there and Universe is sharing it.

    We don’t need teachers to not teach us our knowing.
    Where one deprives us in their form of control, Universe makes it available.

    Information is in abundance, as is everything else we inherit on this earth.

    The day will come, and ah! Ha! moment, the epiphany, the reveal, revelation; many more will know.

    What a great day we have ahead of us.

    Thank you Neil for opening our eyes one at a time, and slowly waking us up.

    Yes it’s taking years, but it’s working.

    Trespass Unwanted, Creator, Corporeal, Life, Free, People, Independent, State, In Jure Proprio, Jure Divino.

  4. Actual proof that banks create money out of nothing (Part 1)

    ~~~~
    “HOW FAKE MONEY BECAME LEGAL MONEY: THE AFFIRMATION OF THE NIXON SHOCK:”

    Forty-three years ago today in what is now not-so-commonly known as the “Nixon Shock”, Richard Nixon ended the Bretton Woods system by ending the convertibility of Federal Reserve Notes to gold, thereby putting the United States—and the world—on the road to financial ruin. Or, to put it another way, Nixon made us all debt slaves to money printed out of thin air, leading to the inevitable foreclosure fraud, unemployment, bailouts, bail-ins and other treachery currently being visited upon us all.

    Yes, Bank of America picked a winner when they plucked ol’ Dick Nixon from obscurity in 1945. Through Nixon, Bank of America achieved a magical feat even more fantastic than alchemy—to be able to create unlimited amounts of money at will, unbound by any brutish metals or economic reality. To be able to wield the incredible power and influence that such unlimited money can buy, and to be able to become the 1% of the population that keeps the 99% in perpetual debt servitude. And it only took 26 short years to get it done, from the September 29, 1945 letter sent to Nixon by Bank of America’s H.L. Perry until August 15, 1971.

    ~~~~
    libertyroadmedia.wordpress.com

  5. Wow and I thought I wrote long winded resituates to make a point..
    This whole article can be summed up in one sentence
    “We are getting screwed!”

    The problem? Simple INTEREST on something that does not exist.
    “Money” at best is a “Representation” of something. It is not “Something” and thus to charge “usury” or “Interest” is a crime!

    Thieves steal. They use every concoction possible and have created an art out of it but theft is theft and interest is theft. Period. All the facts figures, articles, surveys or what ever end up stating the same thing “People work harder and have less to spend. Things cost far less but we have even less to spend.
    This can only be accomplished by theft!
    So who are the thieves??
    The ones who it has always been “The Money Changers” the same one’s Christ turned over their tables and beat with whip. The same ones who have been chased out of every country eventually for millenniums, only this time they had a much better plan and methodically and slowly implemented it, beginning with the de-education system, gaining control of the churches through slavery (what happened to “thou shalt not have any gods before me”??) to 501c3 Corporations, and the indoctrinations that little tiny beautiful helpless Creator given Babies are “SINNERS” “SINNERS =DEBTORS”

    How can those which Creator created to create and enjoy, given all things … all… everything for their pleasure unconditionally to enjoy, be “DEBTORS” ??? CANT…CANT CANT.. Creditors are not debtors, those that own, have control of and absolute rights can never be “DEBETORS”… and yet there in lies the lie, deception, untruth, falsehood, fraud, fabrication, misleading, misrepresentation, counterfeit, … and where do we find all of these elements? Fraudclosures!!! the very concept that we are lacking for anything is a lie.. the concept that we who “are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.” can somehow be less than we truly are is evidence that people will believe the most absurd concepts in complete contravention of their very existence and a testament to the low life conniving masterful manipulation of the very ones who have not one iota of kindness or investment of their own and thus are the living dead
    known as “Moneychangers”, “Banksters”, “Attorneys at law never in law”, so called “Judges” who in fact are imposters simply because they know not the Constitution to which they have sworn an oath to support. (naturally for those “Honorable” men and women, also over worked and underpaid, doing the best they can to find justice within the law and not get fired, harassed, extorted, threatened, kidnapped or simply murdered, are not included in this comment! We applaud you and support you if only we the people knew anything about law so to present the fact properly and provide you with the elements necessary to find in favor of our Happiness)
    “Corruption”.. what is it? Look in the mirror and ask yourself, when was the last time you invited one of these judicial officers over to lunch, meeting, social event, or better still a reading of the Trust under which the position they hold was provided by “The Unanimous Declaration of the thirteen united States of America”. Known as the “Declaration of Independence”.. Independence from tyranny, tyranny is corruption, corruption is tyranny.

    How is it done? The fabrication of an illogical concept .. a cancer upon logic and the conscience. Interest… the concept that one needs to pay a fee for the use of something that does not exist in fact and has no substance.

    Money is nothing more than a representation of something and no-thing more. I trade you 2 hrs of work for $40 I can buy $40 worth of groceries to feed myself. (fair exchange is no robbery) But that is not the case. Unlike “colonial script” or “IOU’s” which were used to “exchange value for value”, the whole time that “currency” is in your pocket, it is being “taxed”, overworked, exhausted, beat up, abused and as such the longer you have it the less it is worth in exchange.
    Even if you never ever “borrow” anything form anyone, if you use US or any other “currency” your value exchanged is being diminished by the minute because of “interest” on the representation, Taxes on the representation, taxes on the taxes on the taxed representation and usury for the use of (exchange) of the representation.
    So, break it down: You work to get paid but before your get paid the amount contracted for the amount agreed is reduced without consent, not only do you get less than contracted for but the payee also pays a fee to pay you in any form and for contracting with you to be paid, 2. then when you “cash” one paper for “usable paper” a fee is charged or in reality you get an unfair exchange. 3. If you “deposit” and hold (save) the currency (paper and ink representation) you are charged, taxed, fee’d …. “Wages is converted into “income” so it can be taxed and reduced yet again. 4. Then you decide to make “use” of your hard earned representation and at the “cash register” you must give more in the representations then the represented “price” on the item, reducing your hard earned value exchange even more. 5. Now that “thing” that you bought for your use and pleasure is now called an “asset” and is taxed year in and year out so you basically only rent that which you purchased until and even after you are no longer “using” it.
    So now you “use” some of these representations to “pay” for work to “improve” on your life, home (taxable property-not, but you do not know how to read and discover that only property engaged in a for “Profit” “Business” with the “State of Corruption” is “taxable” so you Pay Pay Pay, tax tax tax again and again and again even though there is no business or other “Taxable activity” going on and certainly you would be more than willing to pay tax on any “Profit” or “Excess” (the definition of “net taxable income”), but you can’t get to the “profit” part because everything you started out with has been pre taxed and taxed and charge for the use of at every turn and for every minute you use it, have it, exchange it or keep it.
    So, what is the problem? Money? I used to think that, but in reality money is just a representation of something and we all need to have “something” that we can use that is light and easy to carry to use in “exchange” “Value for Value”. So it should be clear by now that the culprit is “interest”, “Usury”, or anything that puts a “burden”, reduces the value, diminishes, or “Taxes” the representation.
    So, all the lies and misdirection’s we have been given over the years are just that. The culprit? Look in the mirror. Why? Because it is you, we the people who choose to go along to get along and fail to manage our creations and protect those gifts bestowed upon us and it is the people who when the banksters said they would give us “interest’ on “money” (a representation having no actual value) we jumped all over it. It opened Pandora’s Box and brought into existence the concept of getting more out of something than it represented. You deposit $2,000.00 and at the end of the year you get back $2,050.00, $50 more than you had before. Thus the concept was accepted and the Banksters multiplied that concept a thousand fold and then having the billions to use it was only logical to invest it in the offices that regulate and protect the people their religion, media, energy, politics, military, environment, agriculture, police, courts, transportation, and every facet of our lives.. and how? By using the go alongers to get alongers and dumbing down every new generation, conditioning to accept that which is clearly unacceptable by separating the family unit the neighborhood, divide and conquer, create a new conscious that believes that anything the government, Bankster, politician, clergy, judge, Sheriff, Police, President, congress, and so forth do, must be legal and lawful and right simply because it is the “official” looking dude in a suit with a piece of paper or a badge that is doing it.
    This programming can be seen in every court of fraudclosure up close and personal. Just because a man or woman dresses a certain way and pretends to be an attorney (check their alleged license number.. “Practicing law without a license”) and files papers with titles lie-ke “ASSIGNMENT” … “AFFIDAVIT OF OWNER OF NOTE” and all the others which will never be scrutinized because it must be proper because an attorney who is an officer of the court has filed it and is making claims to property on behalf of a bank of some name or other, so take from the people and give to them that only have fabricated documents because the people are after all just vermin to be robbed and stepped on, because they never stand up and say otherwise so it must be true.
    So people, collect your minute interest on that representation of value which you are renting and will pay ten times that in fees, fines, taxes, levies, and the like as if it is profit, excess due too a business activity and tell yourself that it is ok to starve while the Banksters get fat, go homeless, scorn your neighbor, don’t go to court with them, leave them to fend off the pack of ravaging Wolves all alone when all it would take is a few hours away from the TV programming, Sports, and let your property be next for want of knowledge, assistance of real Counsel and support from your community… So look in the mirror, look at your neighbor, to the right the left and across who you at best may wave to when you see them once or twice a weak, community, ripe for the slaughter.
    Criminals do what criminals do, “the only thing evil (“live” back-words) to prosper is for good men to do nothing” and for weak people to remain weak.
    Look in the mirror and see the “reflection” of the reason for your demise… Perhaps Creator in infinite wisdom made sure that we can never actually “see” our selves face to face to shame ourselves into growing up, stepping up and doing our part to make a “change”.

    “That to secure these rights, Governments are instituted …
    “That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it…”

    Perhaps there are no more “People” left, only “persons”? Who is that man in the mirror, what does he/she stand for.?

    I predicted twenty years ago, hell, warned, yelled and was alienated by the “middle class” when they were removing the “working class” from “their” neighborhoods. Getting rid of the dirty, sweaty, laborers with trucks and ladders and tools and stuff that built and maintains the very neighborhoods the hoity toities want them out of, because they are after all “lowering the value of the neighborhood”. I yelled I screamed as they caused the “county” to come and steal my precious property which to quote the head dick “it does not look good” and “you just don’t fit in here”, that when you remove the man whose shoulders you are standing upon to stay out of the five feet of shit, you end up to your neck in that shit with the banksters standing upon you… welcome to your creation, How ya like me now?
    While you were busy contriving ways to deprive me of my right to live where and as I please, I was building a boat to float on top of the shit you created and are now up to your necks in. What is so funny is that you refuse to pull the plug on those who you pay to serve and protect you or use any of those crafty tricks used against the working class on those that are subject to you… How ironic life is and how marvelous it is the say to you, “as you do unto your brother you do unto yourself.” “As you sew, so shall you reap”. How’s it feel?
    Perhaps it is time for a change in attitude? “Repent” to turn away from and cease from doing, humble yourself and apologize and make right the wrong… and the days of tribulation will be shortened.

    We were created by Creator to create, appreciate and do in kindness the only true “currency” of the Universe, without “usury” “interest”, “fees” or “taxing” of any manner, yet gives exponentially without charge. Kindness is not a “representation” of nothing, it is something”

    Blessings=may your desires be fulfilled

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