@ApaulD
Reading this article made me mad. Not only is it lumping every ‘old person’ into a ‘rich’ bag which is clearly inconsistent with real life stats, but the ‘richness’ of the most fortunate among them is based on home ‘equity’ they cannot cash in (because even downsizing is expensive these days) and on their superannuation balance (a compulsory scheme and every worker will eventually get there as well). I’ve a gutful of ‘experts’ drunk on #neoliberal #Kool-Aid blaming the ‘#boomers’ (I’m one of them and I’m not rich. I just have a home — which I’m still paying off) instead of focussing on the #TechBros #Corporations #Billionaires and #MultiMillionaires #Grifters #Usurers #Nepos and generally the #Rich who play the system to avoid paying their fair share of Taxes. Fed up. Fed up I tell you.
/end_of_rant

#EatTheRich

Back when banks and the US government colluded to deny mortgages to Black households, sleazy lenders created the "contract loan," which worked like a mortgage, but if you were late on a single payment, the lender could seize and sell your home and not pay you a dime - even if the house was 99% paid for:

https://socialequity.duke.edu/wp-content/uploads/2019/10/Plunder-of-Black-Wealth-in-Chicago.pdf

#Usurers and con-artists love to style themselves as anti-racists, seeking to "close the racial wealth gap."

4/

Digital feudalism hasn't stopped innovating - it's just stopped innovating *good* things. The digital device is an endless source of sadistic novelties, like the cellphones that disable your most-used app the first day you're late on a payment, then work their way down the other apps you rely on for every day you're late:

https://restofworld.org/2021/loans-that-hijack-your-phone-are-coming-to-india/

#Usurers have always relied on this kind of imaginative intimidation.

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