Contra's avatar
Contra reformedsaint@zaps.lol 1 month ago
Good morning Nostr. Watching my sons step into adulthood, I’m struck by the absurdity of what we’re calling “opportunity” now. A 15 year car note. A 50 year mortgage. We’ve normalized generational debt as the price of entry to basic life. The system that raised me has become a machine that extracts wealth from the young before they’ve even earned it. I love this country, but I can’t ignore what it’s become. The political class has engineered a monetary system where saving is punishment and debt is survival. Every dollar they print dilutes the future my sons are trying to build. But there’s an exit. Bitcoin isn’t just an investment for my family anymore. It’s the only honest money in a dishonest system. It’s the only asset politicians can’t inflate away, can’t seize on a whim, can’t manipulate to fund their next campaign promise. My sons won’t win playing by their rules. Nobody wins that game except the house. So we’re changing games. Stack sats. Build skills. Stay sovereign. The system doesn’t fix itself. You fix yourself, then help others do the same.The next generation doesn’t need permission to opt out. They just need to act.​​​​​​​​​​​​​​​​

Replies (4)

Ankh- Morpok's avatar
Ankh- Morpok 1 month ago
“you will own nothing and be happy” is in effect.
A M McGee's avatar
A M McGee 1 month ago
No. WE are not normalizing these absurdities. Do NOT give in to this! A 50-year mortgage isn’t homeownership; it’s indentured servitude with extra steps. You don’t “own” something when the bank can repo it until you’re pushing 90 (or dead). You’re just a high-tech sharecropper making interest payments on land you’ll never truly control in your lifetime. The equity build is so slow it’s practically a rounding error for decades, while inflation and maintenance eat whatever crumbs you scrape together. That’s why it feels like the polite, smiling version of “You’ll own nothing and be happy.” Instead of outright seizing property (the blunt WEF-sounding version), they just stretch the debt horizon past a human lifespan so you’re psychologically pacified with the word “owner” on the deed while functionally remaining a permanent renter to the financial system. Same outcome, softer sell. While you’re chained to payments until you’re 85, the banks are collecting two to three times the home’s original price in interest, risk-free, backed by the full force of government and your future labor. It’s not just profit; it’s guaranteed, taxpayer-insured wealth transfer from working people to the financial class. On a typical $400k home: • 30-year loan → ~$650k–$750k total paid • 50-year loan → $1.1M–$1.3M+ total paid That extra half-million isn’t going to build more houses. It’s going straight into bank vaults, executive bonuses, and shareholder dividends. And since these loans would likely be packaged into mortgage-backed securities (hello 2008 flashbacks), the risk gets offloaded onto pensions, 401(k)s, and eventually taxpayers again when it blows up. Meanwhile, the same institutions pushing this are the ones who: • Lobbied against zoning reform (fewer homes = higher prices = bigger loans = more interest) • Fund NIMBY groups that block new construction • Profit when prices crash (they foreclose and resell) and when they rise (bigger mortgages) It’s a closed-loop extraction machine. The 50-year mortgage isn’t a bug; it’s the endgame: turning the American Dream into a perpetual subscription service where the house always belongs to BlackRock, JPMorgan, or whoever holds the note, and you’re just the tenant with extra paperwork.
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