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New site? Maybe some day.
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: post by Sacreligion at 2008-05-06 20:18:19
I'll worry about buying a house in 10 years. until then i have bills to establish decent credit (just in case) that i pay with cash or a check as it represents money that i ACTUALLY have as opposed to some douche corporation doing it and taking advantage of my needs.

Student loans ARE the debt trap. you come out of school with a fancy job at which you make money you've never even seen, but you have 4 years of tuition plus monthly interest payments that make you pay about 3-4 times as much as you borrowed and make you do it over an extended period of time.

Once you have paid those off, you think "oh hey now i can buy a house." you get a mortgage from your local bank, buy your house, but in all actuality you're just renting the land from the government for 30 years with a ludicrous bill above your head at all times.

but how can i afford a mortgage AND the necessities for life? oh hey, the same rich folk will give me a piece of valueless plastic that i can give to a store, saying: "Hey, I'm poor. But I'll let these guys here fuck me in the ass so I can buy your stupid shit."

it puts a whole new spin on the term "free market" capitalism
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