Saturday 27 November 2010

Debt and death

Debt's associated with suicide. Repayment of bad debt puts people in the
prison of poverty. It is a form of punishment. It is a severe punishment.

Poverty is associated with poor health - mental and physical. It's worse
in a way for people who have to work and still get no reward for their work.

Many studies show this. Bad debt creates mental and physical illness
through direct and indirect effects.

I wonder if people who work in debt collecting agencies care that
they're indirectly causing death and illness. They know they create
distress.

And yet they're allowed to do it. Modern society seems happy enough to
let people suffer for making mistakes in their finances. People are
encouraged to take on debt. People who are bad with their money are
targeted because there's more opportunity to make money. People with
good credit ratings manage their finances well so don't incur bank
charges. As a person's credit history gets worse they may be offered
more debt (to a point) at higher interest rates.

Then the time comes when they can't pay off their debts. They can't meet
the minimum monthly payments. The bad debt spiral begins. This is know
about but the finance industry doesn't care. They depend on consumer
debt just as they depend on gambling on markets to make millions and
billions for their shareholders.

They do this on the blood and bones of the people. They cause death,
suffering and illness. And they get bonuses for doing it.

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About Me

We It comes in part from an appreciation that no one can truly sign their own work. Everything is many influences coming together to the one moment where a work exists. The other is a begrudging acceptance that my work was never my own. There is another consciousness or non-corporeal entity that helps and harms me in everything I do. I am not I because of this force or entity. I am "we"