We Americans are slaves to our debt, our government | PostIndependent.com
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We Americans are slaves to our debt, our government

Out on a Limb
Ross L. Talbott
Glenwood Springs, CO Colorado

At the risk of putting some of you off, I am opening with a short verse of Scripture. Proverbs 22:7 says “The borrower is slave to the lender.”

We have morphed into a society where virtually everyone is a borrower. Credit cards are probably the main key to financial hell. The concept is spending money before we get it or obligating ourselves to pay money we hope to acquire, for as much as 30 years in the future.

The huge financial meltdown worldwide is a result of this debt-based economy.



Banks actually create money by making loans. Then conglomerates make more money by marketing these loans.

A friend of mine asked a Russian immigrant lady who had been here about 12 years to compare living in America with living in Russia. Her surprising response was they had more freedom in Russia. Her explanation was in Russia they didn’t have all the debt, while here in America everyone owes for everything.



The pressure is really on. There is the mortgage, the rent, the car payment, the credit cards, the college loan, the insurance, the medical bills and many other obligations hanging over our heads.

We end up with both parents working to pay the debts we have incurred, which results in a day care payment.

We lose our freedom to do a lot of things because of all these obligations.

In most cases we end up paying twice as much for things because of the interest we pay.

We find ourselves in servitude to a bunch of slave holders with names such as Visa, MasterCard and the bankers.

The greatest enslaver, however, is one that has crept upon us over the years. That slaveholder is named government. We trusted them to give us safety and protection, but they have almost totally enslaved us.

They take a large part of the money we earn. They have claimed our land and charge us to use it (property tax). You can’t drive a car without paying the government. They mandate you carry insurance.

You can’t block your own mobile home. The government requires a licensed setter and an inspection fee.

Almost everything we do is now controlled by some government agency with an assortment of licenses and other fees. They tell you where you can live, how big a house you can have, what trees you can plant, what plants are called weeds you must control and the list goes on and on.

Even the educational system has dictated what schools can and cannot teach. Parental involvement has almost been eliminated. Mandates are handed down from the state board. When was the last time you heard of a PTA?

I was recently in a school where visiting parents had to wear a badge that changed colors when your time was up.

I was farming with a tractor at 8 years of age. Now child labor laws forbid kids from learning to work. In fact, government will pay them for not working.

Government will force you to have sidewalks, paved streets, curb and gutter, larger lots, building permits, hidden air conditioners, underground utilities and a host of other requirements. All this drives up the cost of your house. You not only end up paying a bunch more interest on your loan, but the government requires an annual tax on all that stuff they made you do. It’s called property tax, but in reality it’s just a lease payment, because they really own it.

We even must pay the government to die. The so called “death tax” is a totally immoral travesty. Why should we have to pay the government to give the property on which we have paid taxes when we bought it and every year since, to our heirs?

We are really just a bunch of slaves. One kind of slavery is where we sell ourselves for stuff. It’s called debt. The other simultaneous slavery is that which we have allowed our government to impose.

Oh well, we still get TV in our cell.

The freedom our ancestors fought and died for is long gone.

Ross L. Talbott lives in New Castle.


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