This is the story of how the modern banking system, through credit cards and installment debt, impose a form of modern slavery on the people. First they create the money from thin air. Then they loan it to you. Then you are not only responsible for paying back what you "borrowed," but the interest charged on it as well. (And if you miss a payment, it is going to cost you double) Unfortunately, the bank didn't create the interest…they never do. So where are you supposed to get it? Ah, there is the rub my friend. There is the rub. You have to take it from some one else's principal.

Have you ever wondered why it is such a competitive, dog-eat dog world out there, and it seems as though everyone — from the bum on the corner to the multinational bank that he begs in front of; from the late night infomercials to the pushy brokers calling you during dinner — is trying to scratch and claw a nickel out of you? It is not because people are naturally mean, competitive money grubbers. It is because of the system, man. The system. The evil, immoral system that, through the machinations of the Federal Reserve silently and secretly transfers your hard earned money into the pockets of the already fabulously wealthy and powerful.

The banks are keeping you busy, going after someone else's principal to pay back imaginary interest.

Auto Loan, banking system, banks, Credit Cards, credit cards, dog eat dog, federal reserve, General Finances, hard earned money, Home Mortgage, installment debt, modern slavery, multinational bank