Posted on 10/20/2013 12:59:45 PM PDT by kiryandil
Read carefully folks, get up, go look in the mirror, and then punish yourself as you see fit for putting people in the street in this fashion, because it is your fault and you are responsible for it:
Freeland lived with family for a time, she said, and four months ago moved into transitional housing funded by the city government in Washington, D.C., while searching for work that pays more than her $8.25-an-hour retail job. Having lost her oldest son in a 2000 homicide, Freeland said she insists on looking for housing in a safe neighborhood for her surviving one, now 17. She found that’s available only at an increasingly steep price.
“You’re trying to pay car insurance, rent, electric, cable and if you’re using public transit, putting money on your card, groceries,” said Freeland, who was accepted into a program that provides temporary housing, financial planning and job-placement counseling. “It’s hard to survive out here.”
This is what "asset price appreciation" brings.
It comes from ever-larger amounts of debt in the system compared against production. Debt (credit) spends exactly like money, and its creation causes asset prices to rise.
That in turn means that rent on such an asset (a house) requires more and more in order to earn a reasonable (positive) rate of return for the holder of said asset.
When the limits of that person's ability to pay are reached they wind up homeless.
The reason this imbalance happened in the first place is not because wages are depressed, it is because the debt accumulation in the economy, including particularly the increase of debt issued by the Federal Government of 70% over the last five years, drives asset prices.
You, America, most-particularly including those cheerleaders on CNBC, Fox Business and elsewhere in the "financial sector" are cheering on a daily basis the destruction of these people and celebrating their ruin.
These acts have now driven the average national two-bedroom rent to double that which can be afforded by these low-income households.
Again: Who's responsible for that?
You are.
You are personally responsible.
You rail against the "Tea Party", you voted for this, you support it, you demand it.
YOU, PERSONALLY, Mr. Daily Kos Reader and every single Democrat along with 90% of the Republicans, are financially ****ing this woman and her child on purpose.
You.
You the Bishop, the Priest, the Deacon, the housewife, the husband, the young Democrat, the old Democrat, the President, Nancy Pelosi, Harry Reid, Huffington Post, all the rest -- including most on the right such as Mitch McConnell, John McCain and John Boehner. Even most of the so-called Libertarians are directly and personally responsible for this ****.
The exceptions? A tiny minority of Americans, such as myself, who stand for an immediate balanced budget, immediate end to deficit spending, and One Dollar of Capital enforced against all financial institutions so as to prohibit, under penalty of law, this sort of debt "printing" at a rate that exceeds economic output.
Unless you, under all conditions and without exception, vote for only such persons as will enact these policy steps and will take any and all necessary actions to stop the further accumulation of that debt by government and all fraudulent private credit creation, including going personally on strike even if it costs you, you are personally, jointly and severably responsible.
That, my friends, is a fact.
the Truth. good man Denninger. he divines with clarity.
He’s right.
He’s right on!
I don’t know the facts of her first sons homicide. I just know that I do not want her second son in my neighborhood.
I do not want him bringing homicides to my neighborhood.
Bump for later
She forgot all about mandatory Husseincare. That's really gonna hurt.
>>Freeland lived with family for a time, she said, and four months ago moved into transitional housing funded by the city government in Washington, D.C., while searching for work that pays more than her $8.25-an-hour retail job. Having lost her oldest son in a 2000 homicide, Freeland said she insists on looking for housing in a safe neighborhood for her surviving one, now 17. She found that’s available only at an increasingly steep price.
Are people really this stupid? She works for minimum wage—the same minimum wage in DC as it is Pig Balls, Kansas. Only, in DC, the cost of living is built around a six-figure income, while humble little Pig Balls, Kansas has a cost of living and lifestyle built on what a blue collar worker can earn.
But, she stays in DC because the money to be taken through “assistance” is far greater than that in Pig Balls. If the government wants to help people, it should give them bus tickets out of these big, expensive cities to places where normal people live. Of course, then we wouldn’t create concentrations of Blue voters, would we? And some of those Blue voters might just wake up and become Red voters.
The bottom line is that she’s had 13 years to get out since her son died and she’s still there. She’s like these career “educators” who complain about the low wages for teachers. It ain’t getting better! Move on!
This guy Denninger voted for Ubama.
He has a long way to go - - if ever - - to regain any credibility with civilized human beings.
ain’t my fault either.
I almost cancelled cable. Barely get by after being laid off.
Thanks LIV.
I’m sorry here... But hear me out :
I live on about $300 a week with my wife in a one bedroom rental. We’re on time, and we have 4 months of that rent stored away in the house in case of emergency.
We’re not on food stamps, I make a car payment and we eat pretty well. We even go out sometimes.
I travel for work, weekly. I make more than that - but I keep it all away in savings. My cell phone is $10 a month and my cigarettes are about $3 a week. I have full coverage on a 10 year old BMW and I still afford to maintain that.
I’m not falling for this sh!t. I was homeless, I’ve had my electricity off for weeks at a time, and I’ve lived without heat in the winter time for extended periods (A fireplace and an axe seemed to help that - Imagine that.)
The key is that I moved out of the urban BS areas that all these pity-sing cases seem to stem from. I couldn’t live in CT on my salary. I could in PA. So I moved.
Hell, I’m living as comfortably on my salary in PA as I did on 4 times that salary in CT. It’s all the BS that people are continuously SLAVING for everyday that really made a difference.
I don’t have an iPhone. I don’t have a video game console, and my computer is 8 years old. If I want something, I save for it (The BMW I put 80% down on because it was a really good deal. Had to have it.)(Didn’t even require a credit check.. imagine that too)
Credit is NOT like Cash. Credit is designed to enslave you.
“....car insurance, rent, electric, cable...”
Last thing I knew, cable TV was optional. Save your money and your soul, turn it off.
Roll yer own? Grow yer own? In these parts, that's the TAX on a pack of 20.
please, as long as she gets shipped to Pig Balls OK, but i don't want it or it's spawn any place near where i live... i pay enough for the useless eaters on welfare that are born here now as it is and i can't afford any more shipped in from DC or anyplace else
Yeah. It would have. Not much, maybe, but better than what the African communist p.o.s. Ubama has unleashed on the former America.
hey kiryandil : how about this , when you apply for public assistance you are given a Dave Ramsey book and must complete a test on it to qualify. Some might catch a clue. HA
They all have the same crony Capitalist pals.
He also supported the OWS occutards. Denninger is a nut. He cranks out a lot of opinion columns so he's bound to get one right once in awhile but, make no mistake, he's a loon.
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