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  • Tuesday, August 28, 2007

    How the feds and corporations use the poor to cheer up the coming depression.


    Reverse Robinhoodism and its place in American economics.

    I hate writing these types of articles because I always get accused of being a racist or worse an uncle tom. Being a racist is funny to me since I’m not, but being an uncle tom make me want to bust somebody head open to the white meat. I just tell it like I see it and I look real hard at it. But If I don’t write the things I see I couldn’t forgive myself. I also know that if 1% of my target audience understands, implements or cares about this information It will be 100 times more than I expected. With that said, lets move on.

    How many times a day do you see people you know cant afford to pay attention driving a new car? How many people that you know can’t afford to eat but still look fabulous every time you see them? How many friends do you have who have bought homes yet every month they need a bit of help? Allot right? Let me break it down as to how the poor are being horribly used to hold up the economy.

    First off let me just tell my poor folks all across America one thing. I know after living in the hood or going through all the years of not having anything that being offered a chance to have something for a change is dam near irresistible. But the things that corporate America is giving us access to now is not coming from a change in racial beliefs. The new cars and house that you are able to try and get are pure numbers, please understand that. If you would have noticed or read any you would have figured out that if you see new expensive cars in the worst neighborhoods then something wasn’t right. But we are so used to having the worst that the best is dam near impossible to refuse. Let me tell you about the cars.

    A few years back the automotive industry was in a very bad way. They were hemorrhaging money and about to go under if the feds did not do something to help. At about that same time poor folks started going to buy cars and getting financed where before we couldn’t. We thought it was white folks being fair or finally treating us as equals, that was not it. The real reason was because the middle classes were not buying cars, and giving them to someone they almost certainly knew couldn’t afford them was better than leaving them to rust on car lots. You’d get the car, look good for a while and then loose the car, all this usually takes about 4 years. A recession lasts from 7 to 11 years. So when you decide that you can’t afford the car or the car gets repossessed you have already paid a good deal of the car dealers overhead. They get the car back and a judgment against you. So basically they will get their money now or later where before they would have gotten nothing because the car would have rotted on the lot. By allowing you to ruin yourself through ignorance they were able to make it through the rough patches. Then they turn around at the beginning of the upswing in the economy and go right back to denying the lower income. If you think that’s a coincidence then I have a bridge to sell you because you are dumb.

    That’s one way that the government and corporations use the poor to stay rich. There are many more. Matter of fact lets call the car scenario the 1st in a 1-2 punch plan. And I have never seen a 1-2 punch in my life aimed at Americas poor. Usually its just the one punch but this time for some reason we are being hit with a combination. The next punch will be the housing industry. The housing industry is about to give the poorest people a chance to buy homes even though it is clear that many will lose them within 3-7 years. The housing industry is inflated right now and about to readjust. So what is happening is they are letting you buy a $50,000 house for $80,000 that will be worth $50 again in 5-8 years. You will not be able to sell a $50,000 house that you still owe $70,000 on. The mortgage will be around $1000.00 a month with the types of mortgages they will steer your ignorant tails into. The goal was never for you to ever own the house, the bank planned to have the house back in default. I am trying to tell you to stay where you are until the economy readjusts. Because with the car trap and the house trap I don’t think many will survive financially other than the people who broker the deals. Hope this makes since. And even though it seems racially motivated that is only because we are a big percentage of the poor in America who a subject to these type of trends. Believe me they would have done it to their old grandmas if it turned a dollar. Business is business, ever heard that? With us business is personal. So tighten that up and stay away from new shiny stuff being offered to you by those who previously denied you, unless your circumstances have changed.

    Darius Harris blackfriendonline.com


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