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“It is the debtor that is ruined by hard times.”

– Rutherford B. Hayes

You are a debt slave. Don’t believe it? 43% of all American families spend more than they earn each year. According to the Federal Reserve, and I’ll describe the fictional premise upon which they stand momentarily, the average American household is at least $75,000 in debt. Overall, consumer debt in America has increased by a whopping 1700% since 1971. Approximately two-thirds of all American students graduate from college with student loan debt. But what of this debt? Is it real anyway?

“The rich will strive to establish their dominion and enslave the rest. They always did. They always will  They will have the same effect here as elsewhere, if we do not, by (the power of) government, keep them in their proper spheres.”

– Governor Morris, co-author of the U.S. Constitution in 1787

The funny thing is that all this debt is completely contrived, manufactured, false. It is a way to keep you in check, and working for the plutocracy, instead of enjoying the sovereignty of your own life and health. You run on a treadmill, ever faster, to pay off this ‘debt’ but it will never disappear as long as the current regime is allowed to continue their deceitful devices. And they are cunning – all the markets are fixed.

Make no mistake, you won’t be hauled off to a FEMA camp because you are in debt, but they will steal your house through foreclosure, sometimes even if you’ve paid for it in full, make you homeless (more than 15 million people recently lost their homes this way) and then cart you off to jail as more and more laws creep onto the books which make being in poverty a crime, even though the entire system is built to
perpetuate your poverty.