February 28, 2023
Our Debts
By: N.L. Skjonsby
“But wait!, you can get two, just pay a separate fee.”
“Order now while supplies last.”
“Our factory has stopped making these so when their gone, they’re gone. “
“Only $99.00 down and $179.00 a month if you qualify.”
“Owe more than it’s worth? Roll it into the new payment and still leave here with cash.”
“Do you own your car? Get cash today!”
“If you make $400 per week you qualify.”
Todays get rich quick schemes often revolve around preying on the poor. Last year the four largest banks in the US charges over $8,000,000,000.00 in fees for insufficient funds. You read that correctly, 8-Billion dollars charged to people for not having any money.
Meanwhile the poor and working poor are being bombarded with offers that are “too good to pass up.” A free market, consumer driven economy coupled with a low preforming public education system propagates financial troubles. It seems like our elected officials that really want to help, want to help the poor stay poor.
The term generational wealth has become an acceptable term when discussing sports contracts or entertainer’s net worth. The influencer phenomenon has created a generation of people that can never be satisfied with a normal financial life. Fear of other people’s opinions or comparison to others just leads to debt and depression.
We are doing a great dis-service to the historically poor by penalizing them for being poor and capitalizing on their desire to not be poor.
We could do better.
— N. L. Skjonsby
Our Debts
By: N.L. Skjonsby
“But wait!, you can get two, just pay a separate fee.”
“Order now while supplies last.”
“Our factory has stopped making these so when their gone, they’re gone. “
“Only $99.00 down and $179.00 a month if you qualify.”
“Owe more than it’s worth? Roll it into the new payment and still leave here with cash.”
“Do you own your car? Get cash today!”
“If you make $400 per week you qualify.”
Todays get rich quick schemes often revolve around preying on the poor. Last year the four largest banks in the US charges over $8,000,000,000.00 in fees for insufficient funds. You read that correctly, 8-Billion dollars charged to people for not having any money.
Meanwhile the poor and working poor are being bombarded with offers that are “too good to pass up.” A free market, consumer driven economy coupled with a low preforming public education system propagates financial troubles. It seems like our elected officials that really want to help, want to help the poor stay poor.
The term generational wealth has become an acceptable term when discussing sports contracts or entertainer’s net worth. The influencer phenomenon has created a generation of people that can never be satisfied with a normal financial life. Fear of other people’s opinions or comparison to others just leads to debt and depression.
We are doing a great dis-service to the historically poor by penalizing them for being poor and capitalizing on their desire to not be poor.
We could do better.
— N. L. Skjonsby
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