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We live in a matrix that goes to unspeakable expense to nurture us from the teat to be good consumers. You are issued a tax collection number at birth (SS#), another artificial number for your credit worthiness (FICO), and then you're extended a certain amount of tokens to play "life" based on those numbers. This virtual currency, not unlike your earned Farmville coins, only has value because you give it value.
It is a brilliantly designed game: the banksters create a unit of money out of thin air; lend it to people with interest attached; get them to buy real items; then raise the rates, force people to work harder, hover like a vulture until expected default occurs, and rake in the forfeited assets. Best of all, when the whole Ponzi scheme comes crashing down because they drunkenly gambled with your interest payments, the very people who destroyed you get bailed out by you with tax money. And they call you the thieves when you can't pay them back. The game is rigged for the house and it's always a Win/Win for them and a Lose/Lose for you.
Sure, you get to "rent" a flat-screen TV, a car, or a home from them, making life in the matrix almost worth it. But, ultimately, you only temporarily use that stuff at great expense to you and massive profits to the banks. After years and years of paid interest, you still never truly own anything. The TV is now obsolete and worthless; you still must pay increasing property taxes and insurance on your homes and cars, even when your done paying the bank three times their value, all while they bought your years of servitude with nothing real or tangible.
Here are the top five reasons not to pay your credit cards:
1. If you owe $6,000 on a credit card with a 20 percent interest rate, and you only pay the minimum payment each time, it will take you 54 years to pay off that credit card. During those 54 years you will pay $26,168 in interest rate charges in addition to the $6,000 in principal that you are required to pay back (Source).
2. Under the legal fractional reserve banking system, the banks NEVER actually had the fake money for the credit they extended you in the first place. They added you to their stable of debt slaves with a simple accounting key stroke.
3. The cartel of the large private banks are a proven criminal entity at the heart of most global problems including, but not limited to: wars, genocide, famine, and resource plundering. It's immoral to continue to support such a system on any level.
4. You won't need a good credit score to live outside of the matrix. It's a place in your mind where it is okay to not ever "use" anything with bank financing for the rest of your life.
5. Not paying your credit cards may be one of the only ways to make the matrix feel the weight of your protest without drawing too much oppression.
Since the foxes guard the chickens on Wallshington Street, the citizens may have to take justice into their own hands through peaceful resistance -- by simply dropping out of the matrix. In other words, don't pay your phony debts to criminal banksters. By not paying your debts, you should expect the system's goons to rain down fear by way of phone calls and mail to you. Additionally, you will certainly risk losing your esteemed Farmville status and, these days, you may even win a free trip to one of the oligarchy's private jails.
However . . . you could just wind up gaining some independence from your manufactured stress and servitude.
Originally posted by webpirate
The biggest thing though we all need to stop doing is to stop buying things with the play money from banks on horrendous credit, and making our situation worse. If not, we could well be looking at the total collapse of our monetary system as well as the entire way of life we know it today.
[edit on 28-7-2010 by webpirate]
Originally posted by Xiamara
reply to post by DerekJR321
The only reason I have a credit card is so I can build my credit. Also Ever try staying in a hotel without a credit card. It's quite hard. How about renting a car? Its near impossible to not have a credit card now.