Archives For The Economy

Having kids should largely be a financial decision. How to solve the welfare problem in America.  (EXPLICIT LANGUAGE WARNING).

Fellas, this one’s for you.

Debts are like children.  You create em.  You have to feed em.  Their life can be a month or 30 yrs.

By creating em, you get something on the front end.  A house, car, clothes, whatever.  You get the thing instantly, no 9 mo. waiting period for it to be born.

With Amazon next day shipping and a credit card, you can create a whole lot of debt children fast.  How many of them you can have is determined by how big your paycheck is.  Paying the bills reminds you how many kids you’ve got.

Ever abandoned a debt child and left someone else with the responsibility?  You decided you didn’t want to honor your contract whatever?  Kinda like getting someone pregnant and walking away leaving others to raise your offspring.  Who picked up the tab for the consequences of your spilled seed?

Walking away from a debt, your price paid might be lower credit scores, collection letters, or foreclosure.

When walking away from a child, the emotional price paid will be realized over time by you, the mother, and the child.  The monetary price society pays is instant and enormous.

Say hello to a part of the modern welfare state. One reason a community may be in shambles?  Single mothers with no dad in the house.  A mother dependent on a welfare check.  A broken family, broken neighborhood, broken city.

The state has become the father of your child.  And you wonder why an abandoned kid becomes part of the system, turns to gangs and crime.  They turn to gangs for safety.  They turn to crime for survival.  Then they fill the prisons and feed the corporate incarceration machine.

That machine isn’t totally to blame.  Its owners are just picking up where you left off.  They’re feeding, clothing, and housing your offspring.  You drained your balls and felt like a man for a few minutes.  Society gets drained of time, effort, and resources for decades.  

Imagine you get a bill in the mail and walk to every house on the block expecting neighbors to pitch in and pay your debt.

They’d tell you to get lost, get a job, and get off their porch.  

If your baby’s mom applies for welfare, your neighbors don’t see it.  It’s quiet.  The taxes they pay are their cost of your irresponsibility.  You get to avoid the embarrassment of begging others to pay your bill.  No need to beg, Uncle Sam’s got your back.

When I was a young man, a box of good condoms was about $12 bucks.  If you’re gonna fuck and don’t want kids,  be a man and spend the $12.  Don’t be a shit head and say, “It’s her responsibility to use protection.”  Don’t assume she’s on the pill. 

My high school civics teacher gave a nice piece of advice to us parting seniors.  He said, “Sex is just an energy.  Channel that energy wisely.”  He was a mormon I think.

My favorite bumper sticker said, “Porn, it’s cheaper than dating.”  It was a cartoon pic of a man holding a box of Kleenex with a big smile on his face.  You’ve got choices.  Think about it.

I’m not here to insult you.  I’m here to speak a bit of truth and offer a little tough love and encouragement.  Every action has consequences.  Some call it karma.

We all have a biological father.  Not all of us have a Dad.  I was lucky enough to have both.  If you don’t raise your children, someone else will.  And if someone else does, you’re opinion of how that turns out doesn’t count.  Unless you’re contributing financially.

Having kids should largely be a financial decision.  If you don’t have the coin, don’t drain your loins.

Copyright 2021, As The Money Flows, All Rights Reserved

The Wolf is Wall Street. Finally, this criminal enterprise is being exposed for what it truly is: a casino. And the house never loses, until now.

When you learn how much money has been stolen from Americans, it will piss you off in a way you can’t begin to imagine.

Copyright 2020, Debt Shepherd, All Rights Reserved

What is Money? – 256 DSR

October 28, 2018

What is money? It’s probably not what you think.

Two questions:
What is money?
What is the Fiat money disease?

Quote by John Maynard Keynes, Father of Keynesian Economics

Homework. Look up:
Depository Trust Company
Cede & Company
Stock

Resource:
itmtrading.com

Close:
Check out the podcast page debtshepherd.com if you’re interested in a rapid debt elimination consultation. That’s what leads to coaching. Thanks for listening. I’ll see you in the next episode.

Get Your Mind Straight. Get Your Money Straight.
Copyright 2018, Debt Shepherd, All Rights Reserved

Poverty, Inc. – 236 DSR

September 4, 2017

“Fighting poverty is big business. But who profits most?”

from povertyinc.org

2015 Documentary Film
Winner of over 50 international film festival honors

This isn’t a film review. More a discussion urging you to examine why you give to foreign aid or any charity for that matter.

1) Who are these organizations? NGO’s, UN, Soles for Souls, World Vision, etc.

2) Am I giving due to a temporary crisis? Earthquake, flood, tsunami, etc.

3) How long after the headlines are over do you pay attention to the recipient country’s situation?

4) Foreign Aid is highly government subsidized.

i.e: The US rice company sends rice to Haiti. Haitians get it for free. The US sender gets money from the government, you the tax payer. Local Haitian rice farmers are put out of business. People become dependent on long term aid (food, clothing, etc). Not to mention the rice company who sends it doesn’t have to compete with Haitian rice farmers in a free market. Monopoly creation.

Recap:
Welfare/charity that isn’t temporary, becomes dependency. This is economic addiction, paternalism, colonialism (pc = democracy).

Institutions in power don’t want poverty to end. It’s a way to control large portions of the population. If institutions who “fight cancer” cured it, they’d be out of jobs.

Resource:
povertyinc.org / Poverty Inc (film)

Get your mind straight. Get your money straight.

Debt Shepherd 2017, All Rights Reserved

Let’s talk about digital currency and the privacy it gives you. Not to mention not paying transaction fees.

What is Bitcoin? Digital coin. Digital Currency

The bit is a basic unit of information used in computing and digital communications. A binary digit can have only one of two values, and may be physically represented with a two-state device. These state values are most commonly represented as either a 0 or 1.

– Way for two parties to exchange money without third party interference/fees ie: government, banks, PayPal, Western Union, etc.
– Avoidance of paying fees for the facilitation of the transaction.
– Bitcoin essentially cuts the fee charging entities out of the transaction.
– Commerce with privacy.
– Gives those without access to bank accounts the ability to transact as long as they have access to a computer (library, internet café, etc). Western Union does this but charges fees and can take longer depending on method of payment and receipt.
– Transactions are logged in the blockchain and buyer/seller remain anonymous.
– Federal Reserve Bank has been controlling the creation, distribution, and sale of money for 104 years. Do you think they see bitcoin as a threat? Yes, because they can’t inflate the bitcoin supply and charge you a hidden tax (inflation).
– In it’s infancy.
– Same as cashless society? Gov’t idea of a cashless society still involves The Federal Reserve in control. Bitcoin’s idea of a cashless society does not.
– What if you worked and when you got paid your deposit was in Bitcoin instead of “dollars?”

Resource:
Banking on Bitcoin – 1 hr 23 min (documentary movie) Netflix.
Coinbase – Buy & sell digital currency
Blockchain

Debt Shepherd 2017, All Rights Reserved

Imagine trying to withdraw money from the bank and they don’t have it.

What is a run on the bank? When a large number of people want to withdraw their money from a bank because they’ve lost faith in the banks ability to give them their deposits when asked.

This is when depositors learn the bank doesn’t have all their money. It’s a house of cards, a sham, fake.

If this happens to enough depositors the bank can collapse and go out of business. You see the wizard behind the curtain, lose faith in the system.

What is fractional reserve banking?
The bank only needs a fraction of what you deposit on hand at the bank on any given day. You deposit $100, they are only required to keep $20 on deposit.

Where is your other $80? What if they’re lending it out for loans on cars, mortgages, & for credit cards, etc. What interest do they earn? From 4% to 29%. What interest do they pay you? .25% on CD.

Solution?
Buy a floor safe, free standing safe, or a gun safe. Floor safes can be installed before concrete is poured, others can be bolted to the concrete slab, wood flooring, or wall studs.

Benefits: You have immediate access to your cash/valuables at all times. Many are fireproof. Don’t go cheap. Deadbolts in door, key and combination to access.

You can still bank with your favorite bank for checking. Deposit money used primarily to pay bills via checks or debit cards.

If bank shuts down due to bankruptcy, how long will it take to recover the contents of a safe deposit box? They own the metal box, you own the contents.

You won’t get your checking/savings deposits back, they will be used to pay the banks creditors in the BK.

Resource:
The Creature From Jekyll Island – by G. Edward Griffin

Debt Shepherd 2017, All Rights Reserved

The creation, sale, and distribution of human energy. Monopoly – created by law and is enforced by law.

For purposes of this discussion, the words money and human energy are one in the same.

1) The Creation of Human Energy – Congress borrowers money from The Federal Reserve. They make principle/interest payments. The paper money you hold is the IOU or Congress’ promise to The Fed to pay back the debt. How does The Fed ‘make” the money? An entry into a computer.

2) The Sale of Human Energy – The Federal Reserve decides the price (or interest rate) of money. They lend it to banks at an interest rate. The bank lends it to you at a higher rate and makes profit. Why don’t you have access to money closer to the point of creation and therefore a cheaper rate of interest? Because of the law.

3) The Distribution of Human Energy – The Fed makes it, the bank borrowers it. The bank lends it to you after they decide if you’re worthy of being lent to. Loan application, SSN, credit scores, collateral, assets, etc. They either say yes or no.

Look at back of your Closing Disclosure. $100k loan, total paid over life of loan if min pmts made. Expressed as a dollar amount and percentage. This is only in the last 12 months. The old TIL only showed the total dollar amount.

Closing: If you’re the only one who creates, sells, and distributes human energy is it possible you’d develop a God complex somewhere along the way? Why? You control the population. This control is global.

Resource:
Why It’s Called a Bank – podcast
The Creature From Jekyll Island – book

Get in touch. Podcast page. email or voicemail button.

I’m Greg Whitaker reminding you:

Get Your Mind Straight. Get Your Money Straight
Debt Shepherd 2017, All Rights Reserved

I talk to the host of Gnosis Cardia on blobtalkradio and we discuss the insidious money cartel known as The Federal Reserve Bank.

Resources:
Gnosis Cardia

Debt Shepherd 2017, All Rights Reserved