Friday, April 06, 2007

Lessons from History: How We're Treated Like Ex Slaves

Ever feel like you're on a treadmill? Have you ever felt like you just can't get yourself out from under all of your debt? Well, don't worry--you're not the first person to feel that way. Check out this excerpt from Howard Zinn's A People's History of the United States, specifically from pages 208 and 209:
Thomas Fortune, a young black editor of the New York Globe, testified before a Senate committee in 1883 about the situation of the Negro in the United States. He spoke of "widespread poverty," of government betrayal, of desperate Negro attempts to educate themselves. The average wage of Negro farm laborers in the South was about fifty cents a day, Fortune said. He was usually paid in "orders," not money, which he could use only at a store controlled by the planter, "a system of fraud." The Negro farmer, to get the wherewithal to plant his crop, had to promise it to the store, and when everything was added up at the end of the year he was in debt, so his crop was constantly owed to someone, and he was tied to the land, with the records kept by the planter and storekeeper so that the Negroes "are swindled and kept forever in debt." as for supposed laziness, "I am surprised that a larger number of them do not go to fishing, hunting and loafing."
So, others have been there before. In modern society it's much the same for all people, not just ex-slaves. We have to have medical, food, utilities (electricity, heat, cable, Internet), a vehicle, a home (a house, ideally) and don't forget entertainment. Add all those things up and you've got quite a bill to pay. To make it easier, all of those things can be paid for with credit. That way you can have things now without waiting. Of course, there's interest to pay and god forbid you should fall behind or get a credit card with a high interest rate. You're just going to have to keep that job...forever because you're so far in debt that you can't afford to quit or take a chance on another job. Don't even think about a savings account. Hell, even if you're not shoulder-deep in debt, you've got SOME kind of debt right? Car payments? Mortgage payments? Student loans? Credit cards? Then you've got your monthly bills to pay. Without your job you won't have medical, either. So, just keep that job, keep paying for things and keep the machine going. It's like the financial equivalent to zero-point energy. If you're a banker or a credit card company, you just hang your shingle and let your customers do all the work. And check out how well this plan worked for ex-slaves back in 1883. Clearly this kind of thing helped keep them all down. After all, here we are 124 years later and we haven't even had a black president yet. And now that same thing that helped keep blacks down over a century ago is being done to the majority of Americans. Just think about that for a moment. Each and every one of us with a credit card or a loan is being treated just like ex-slaves. For more wisdom, please check out:
[asin: 0060838655] buy it and read it


Orignal From: Lessons from History: How We're Treated Like Ex Slaves

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