Monday, March 17, 2008

How to know you are not rich

The wretched Bush Recession, as it will eventually come to be known (you heard it here first), is driving middle-class Americans crazy. With the exception of tenured professors, wealthy family scions, and those few working under union protection, most Americans now are becoming worried.

Our jobs often are on the edges of an economy that is ever-changing and morphing. Our financial obligations, especially home mortgages, turn out to have dangerous land mines hidden deep in the fine print.

Our credit cards extract double-digit interest rates that amount to usury.

("The rich ruleth over the poor, and the borrower is servant to the lender" -- Proverbs 22:7.)

These are the kinds of times when people go into migration. If it is too expensive to remain where you are, maybe you should seek a cheaper place.

Who wants to give all their earnings away to banks, lenders and cheats?

Hit the road! That soon will be the cry of families all over America who can no longer tolerate the expense burden of remaining in their cities of choice.

People in motion. A good thing.

Meanwhile, for the rich, these are good times. One family's tragic loss of their home is a golden opportunity for those with the resources to buy it cheap -- as an investment. Because, of course, we'll be back. When times improve, like during tidal changes, the life forms that exist on the edges return, to be lured by the ownership class into once again becoming over-extended, and barely aware that the good times will soon enough turn into bad times, in capitalism's endless cycle.

Such is life for most of us in George W. Bush's America.

p.s. See you somewhere along on the road, brother...

-30-

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