Posted by
Tzimisce on Monday, December 10, 2007 4:02:48 PM
I have a question. Being as our society is simply a racist, sexist, homophobic contraption set up simply to hold down people who aren’t white, Christian, male, straight and conservative, why do I live so poorly?
Case and point: Housing Foreclosures.
I don’t own a house. I rent. I can’t afford a house payment. Despite our government defining me as “middle class” (in fact, just a hair below the “rich” line) I accept these things as a given.
But now I’m reading reports that people who poorer than I am do own their houses. I guess our racist government passed laws requiring banks and other institutions give these people loans. And thus these loans were put under the requirements of “ARMs” (Adjustable Rate Mortgage).
What does that mean? It means that if interest rates go up, so does your house payment. And so in an attempt to prove what an open minded, non racist society we are we started handing these things out.
Well what happened? The government continued to overspend. It continued to dump money in to the system. There is too much US money out there. So the federal reserve did what it always does: raises interest rates. Thus all these people with ARMs who couldn’t afford the loans to begin with saw their house payments go through the roof.
So now comes the parade of victims – people going up to government to bemoan the fact that they made awful choices. And here come the politicians lecturing us all on what a racist, hate filled society we are because the poor are suffering.
Well gee, they’re suffering because they’re living a lifestyle I as a middle classer can’t afford. It’s nice that the irresponsible amongst us continue to be portrayed as victims even after they make stupid decisions. And it’s not because they made stupid decisions that they’re suffering, it’s because of some secret plot to screw them.
So instead of letting the wheels of business turn and having a bunch of foreclosures happen, our government is stepping in (again). Bush has tried to ride the middle by suggesting that interest rates on home loans be frozen which has caught him in the middle of the fight with Libs leveling charges of “big business screwing the little guy” and Conservatives angry that the government’s bailing out people who make stupid decisions.
And now we learn that a lot of these people complaining are immigrants, and the part that is left unsaid is that a lot of these people are in the country illegally. We’ve already heard many, many stories about government programs helping out people who don’t contribute to the system. So just like welfare, social security, food stamps, the school system and too many colleges and universities, I’m going to be looked at to pull the freight for people who do nothing. And if I complain, it just shows what a racist, sexist, homophobe I am even though these people are living a better life than I am.
The left is going to come and demand that pay for the houses I already said I couldn’t afford. And if I refuse to pay, I’ll be the one the government will take action against. What a country.
And of course, all this new government spending is only going to inflate the dollar further requiring interest rates to go even higher exasperating the problem. I guess we could freeze interest rates but the dollar is already at historic lows. Organizations like OPEC are considering dropping the dollar as its currency.
Yes – the whole thing is an iron ring brought to you primarily by people who spent more time reading Marx in the 60’s than business text books. And this is why we have the problem now.
So with this all said, I have a question: If we’re such a racist, sexist, homophobic society where the minority are constantly getting screwed, why is it that I as a white man am living at a level lower than “poor”, brown skinned immigrants?