While the left tries to sell us on the evil of capitalism, how many of us understand how far we truly are down the whole of not being allowed to own property?
Spelled out the easiest way I can explain this.
Due to fiat currency, inflation
Has made it impossible for the average man to pay cash for a home.
With mortgage loans strung out over 30 years that leaves a MASSIVE window for;
1-the banks to double the money they loan you to pay for your property and
2- nearly an entire career worth of time for the
Home owner Tom fall on hard times and default.
What about those who can pay cash, or succeed in paying off their loan? Don’t they “own” their property?
Simple answer: No.
1- Property taxes. If you default on your property taxes they can take your home. With property taxes
Being a yearly expense that NEVER ENDS, this provides another opportunity for your property to be stolen by default.
Property taxes means even without a mortgage, you have to make payments to maintain “ownership” of your property. How is this different than leasing your
Property from the government? It’s not.
2- inheritance tax (until President Trump finally ended it)
This tax was created to add another level of hardship to maintaining ownership of the property your parents worked their life away to pay for. This gave the bankers a new
Mortgage contract to again continue doubling their money on you “owning” property, with this being a HUGE unexpected expense, the likelihood of default is enormous. And if the new mortgage didn’t do it, they still have property taxes to fall back on for endless generations to
Come.
@realDonaldTrump has taken care of inheritance taxes, but he NEEDS ANOTHER TERM TO END THE REST OF THIS ILLUSION OF OWNERSHIP.
This is just ONE reason that if you love your children WE HAVE NO CHOICE but to re-elect President Trump.