irresponsible borrowing from the 1% creates poverty
Thanks @GaryWebb ☛ http://tinyurl.com/8cwwko5 for lifting the lid on the 1%’s lending fees and usury stranglehold on the ”consumer” of frivolous credit and legitimate car, home and education loans. To the degree the 1% profits measures how deeply they are gouging the 99%, and adding to the cost of everything they touch; adding to the actual ”cost of living” – to the degree the 1% touches the life, liberty and pursuit of happiness of the 99%. In generating profits from making money from making money, the 1% creates poverty. We the People’s government and the US Treasury bureaucracies should be legislatively barred from participation in financial transactions that connect to any form of usury. That requires the nationalizing of banking institutions that transact business between the 99% and We the People’s government and bureaucracies. The institutions of the 1% should be legislatively barred from participation in financial transactions related to legitimate car, home, education and personal or emergency loans.
[Cross-posted to the AmpedStatus/Network no-usury discussion group]