This afternoon, after several years of dealing with credit card games, gimmicks, and greed, my wife and I finally filed for Bankruptcy. In a different era, this would have been a reason for shame; but in today’s world, my Bankruptcy is a source of pride.
I’ve been watching and feeling the Occupy protests nationwide. Despite media attempts to characterize the movement as unfocused, I know exactly what the focus is. For the past several years, I have lived the complaints you see on placards from Zucotti Park to Portland. The banking industry has broken their moral contract with the People via several different avenues. Today I acknowledged that breach of contract by making it clear that I no longer have a moral obligation to them.
The Banks’ games to keep me in debt have failed. I filed for Bankruptcy today with a clean conscience and sound mind. My wife and I have called this “Filing for Freedom”, using the option our forefathers created to help keep the People suffering from Banks’ usury rule out of debtors’ prison. In 17th century England, the Banks’ tactics would have worked. I am thankful that I live in a country that realized the oppressive power of money and debt, at least it did when the original Bankruptcy laws were written.
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