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View Diary: "Class Warfare" and the "Founders" (25 comments)

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  •  Reading the Washington bios, I find (15+ / 0-)

    It interesting that GW was one of the few planters who was hands on in getting out of the British Merchant' Debt Cycle. And IIRC, though Jefferson had promised to give his slaves freedom at his death, his family sold the slaves to pay off debt. I find this subject of debt in revolutionary times very interesting.

    •  Good observation (17+ / 0-)

      The question today is whether the crushing debt many families find themselves in is enough to move them to defy the banking/creditor class and seize the reins of government or if they will continue to be deluded via Citizens United funded propaganda to believe they can escape that debt through servitude.

      When a whole nation is roaring Patriotism at the top of its voice, I am fain to explore the cleanness of its hands and the purity of its heart. - Emerson

      by foolrex on Wed Jan 11, 2012 at 02:09:40 PM PST

      [ Parent ]

      •  through servitude. (1+ / 0-)
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        That worked so well for all the non-slaves who agreed to a contract of servitude to pay for their travel to America. Or the tenant farmers who saw rents raised as crop prices fell forcing them out only to see the next tenant take over the farm, incur massive debt and get forced out.

         This can be seen today in particular with people who raise chickens for companies like Tyson. They often go $300,000 or more in the hole and yet the money they get keeps them perpetually in debt. If they talk about their arrangement then they see their contract terminated.

         This nation was built on the ideal of equality only for the elite and the upper end of a small middle class. If you were not white, male, moneyed, or an owner of property you essentially had the right to work for those who were.

         Most reforms that have taken place have been just enough to prevent another revolution yet not enough to change the basic nature of things.

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