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Archive for the ‘Debt Peonage’ Category

Is our compensation system pushing us to do things that are right for society generally? There is a great misconception that is almost a requirement for one to believe if one lives in the US. This is that high pay is necessary for motivation and that more pay causes more motivation, and that this motivation [...]

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Michael Hudson has been covering real estate for some time and is one of the very few experts on real estate taxation. The picture above is a good representation of how banks see the optimal real estate situation, people who are so in debt that they have to allocate most of their income to their [...]

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Credit scores are worshiped as deities of old. However, why the need to perpetually borrow money? Is it even necessary for so many people to be house owners rather than renters? Essentially, the idea that a good credit score is a goal to be achieved is another in a long list of values that are [...]

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…..debt peonage and slavery. Also known as trickle down economics. Conservatives are always supporting different forms of slavery. Read more how everyone seems to want a slave. http://onhumannature.wordpress.com/2008/04/02/everyone-wants-a-slave/

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The National Foundation for Credit Counseling is an organization and lobby group for the credit counseling and debt consolidation industry. However, they not only represent credit counseling and debt consolidation firms, they also represent the creditors themselves. They were the subject of an anti-trust lawsuit. “In the late 1980s and early 1990s, the number of [...]

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These videos below explains how the US deals with other countries. The IMF, World Bank, the CIA, the University of Chicago economics department among other US institutions are used to support an overall agenda of economic control over countries that are weak enough to be controlled. The objective is to increase the countries indebtedness to [...]

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