What the actual f*ck!??? How is this even legal!? I guess Iāve never looked at my mortgage breakdown. I knew I had a pretty garbage interest rate, I was waiting for rates to fall and perhaps refinance. I am absolutely blown the f*ck away!!
I pay an extra hundred bucks a month as to just keep chipping away at the principal for the loan and still!! Theyāre telling me, that Iāve paid, coming up on $15k on my mortgage since I bought my house last year, but Iāve actually only paid $2,300 on the actual house but Iāve given the bank $9,300 for lending me the money to purchase this piece of sh*t home, that Iāve put tens of thousands of dollars into, copious amounts of blood and sweat remodeling this thing!?!?!! WHAT THE F*CK!!!?
When I bought this POS I purchased it in Jan 2023. The listing boasted an orchard, pear trees, apple trees, peach, pomegranate and fig. When I came to see the house, I knew it needed work, but fortunately thatās what I do for a living is remodel houses.
Come to find out the pear and apple trees are infected with fire blithe, an incurable disease.
I donāt think it was the last owners, probably the ones before them but, when I opened the walls and floor, HOLY SH*T! I didnāt know termites could do that much damage! Those f*ckers covered that termite wood so well, while at the same time cursing me with the worst ācraftsmanshipā I have ever seen⦠I used to think building inspectors were a pain in my ass. Iāve never respected them more than after purchasing a home on unrestricted land.
After nearly two years of busting my ass both to pay the mortgage, and renovating this dump, I go to check the fruits of my labor, see how much Iāve paid down the house, to find Iāve paid a month of rent in a city off the actual principal of the house, while nearly 4/5ths went to interest.
Iām shocked! Iām pissed! Iām crushed!
Two f*cking years of busting my balls! Two years of living in a renovation that includes replacing the floor joists and nearly all structural studs, both interior and exterior. Two years of chasing the āAmerican dreamā, which is having a small piece of property with a very modest house on it, to find that Iāve paid $2,300 on the house itself.
The rest goes to a giant bank who harbors billions of dollars, that it acquired because it speculated (a fancy word for gambled) with other peopleās money, as well as making money off having money!?
Then thereās dumbass Eugene over here, being the f*cking tool he is, just a cog in the machine, a brick in the wall if you will, being a good little serf, ājust keep working just keep working just keep working.ā Paying into a system he despises, lining the pockets of undeserving CEOās and oligarchs, then some people are shocked that most of us are like, āserves him rightā when a CEO of a major health insurance company gets popped!
Iām an early millennial, late GenX, I feel bad for you GenZers and beyond! Home insurance is unaffordable in many places around the country. A bank wonāt give you a loan without your home being insured (donāt get me started on shistey ass insurance companies either) which kinda makes sense, so if your home burns down and aināt worth sh*t, you donāt just walk away like, see ya āļø That is leading to these MASSIVE real estate companies purchasing any home they can get there hands on, not only forcing the majority of the middle class to be renters, but also fixing the price for rent, which if any of you donāt know, in any moderately big city, is out of control expensive!
For a country that decries the horrors of communism there are certain aspects of capitalism that create a subjugated class very similar communism for anyone who isnāt wealthy.
One of the main principles of communism is the lack of individual ownership. Not sure if anyoneās noticed but every year thereās more you spend, but less you own.
Music and movies are no longer physical objects that one has possession of. They are now linked to a streaming service or app that requires internet, or at best downloaded into a computer.
To purchase a vehicle, especially a new one, requires a loan nearly as extensive as what a home use to cost. Vehicles are $60k-$100k anymore!! If you donāt have the credit (which is a NWO conspiracy, and thatās coming from a liberal) you canāt acquire said loan, which leaves you with the option to lease. Again. No individual ownership.
Video games are more and more becoming software that you connect to the internet to play. In my day we had clunky plastic cartridges that we owned indefinitely. Some video games now require subscriptions to Xbox live, or whatever PlayStations equivalent is, to even play the game you donāt own!
So basically what we āownā is the clothes on our back and the various ātoysā we have (mine being tools, which in cruel irony are for work). The rest is consumables. Food, booze, herb, vacations, healthcare. Whatās the f*cking point!?
Iām telling you my fellow Americans, Republican, Democrat, Independent, if we donāt rise up against this inequality, we, and definitely our children, will live under an umbrella of capitalism where we stay dry from any of its benefits while the rest soaks the very elite with wealth they donāt need.
The top 10% own 67% of the nations capital. That leaves us to split the remaining 33% between the remaining 90% of us. Itās f*cking absurd!!!
I know I aināt the only dumb f*ck who works his or her butts off day after day after day, building wealth for someone else while we get but a fraction of the record profits the companies we work for make, and are told to like it or we can be replaced.
I thought I made this next thing Iām going to say up, Iāve been using this analogy for years, but just the other day I heard something similar, so I donāt know if my thought got out to the world, of if I unwittingly stole someone elseās thought years ago and claimed it as my own, butā¦
Letās say weāre doing a study on a primate colony. In this primate colony there are one or two monkeys who gather as many bananas as they can, more than they could ever eat, hoarding and bogarting nearly three quarters of available bananas in this part of the jungle. The other 50-60 monkeys are left with a measly amount of bananas, whatever is left on the jungle floor that ātrickled downā from these monkeys who are hoarding the majority of bananas.
We wouldnāt look at these monkeys as some kind of geniuses of bananas, or as titans of the banana industry. We wouldnāt look at them and wonder, what is wrong with these couple monkeys?! Gathering up so many bananas while every other primate in the colony struggles just to feed their baby monkeys and get by.
Thatās where weāve gotten as a society. Thereās a handful of people hoarding all the damn bananas and we canāt hardly get any! Yet theyāve conned us, in a capitalistic fevor, to glorify them. See them as role models. Aspire to be just like them.
As of now there are 6 billionaires in trumps cabinet. How do these people have our best interests in mind? How do they have any basic idea what the middle class needs or desires? How can they be trusted not to focus on their bottom line as their top priority?
They donāt, they canāt and they wonāt.
The last time the markets were deregulated and these ātitans of industryā had the reigns, in 2007-2008, it was the greatest recession since the Great Depression.
Anyone whoās kept up with my writing might remember a study I often reference and think of. Getting a good sum of money fires off the same reward centers in your brain as doing a line or hit of blow. The same dopamine and serotonin are released in the same way.
We need to stop looking at the wealthy as people who know how to succeed and start recognizing them for what they really are.
Junkies. Looking for that next line of capital snorted up their nostril. That next hit off the glass rose stem of currency.
The whole while as theyāre getting their fix from money, itās done at our expense (no pun intended). Lessening our pay, the safety requirements we work in, our ability to collectively bargain, our employer healthcare, the labor practices, denying coverage, cutting jobs, automating jobs, working on skeleton crews, practicing predatory lending, gambling with pensions, privatizing social security.
We have to remember. Their obligation is to their shareholders. Not their customers, and certainly not their employees.
This will not change unless we rise up against them. Iām not saying with gun violence or necessarily violence in general. They need to know, that without a workforce, they canāt make money. Without a customer base, they wonāt make money. Without money, how will they get the monkey off their back?
Workers of the world unite!