Are you a Peasant? Do you have a credit card and Annual Income less that six figures? Hi, Peasant.

There are two classes in America today. There are the lenders and there are those who get loans.

Those who get loans are the peasants who are there to be skimmed - used - robbed by those who do the lending. Mind you, these are working people.

First Cash Pawn and Cash America make a point that 30% of all workers have no bank account. That is a definition of those who are scammed in current society.

Such people pay 5% of the face value to cash a check, and when they are short money, a payday loan is given at a rate of 350% plus per year. Car loans for those without credit are over 100% a year. Frequently they get Income tax return anticipation loans at 300% to 500% per year. They are being robbed.

But above that are those who get credit cards. Get it right ~every month~ or your interest rate will jump from 9% to 14% to over 30%. Also, you pay $33.00 to $35.oo per month for either a late payment or going over limit. So right now you can pay, but what happens if the income of one in your family is interrupted for a month? The banks get half their total profit from credit cards from such fees. So go to a pawn shop.

Pawn shop loans are 180% per year plus a $15 charge every time you renew (if you do.)

Since the income of Americans has become a lot more uncertain, these organizations are making a mint. Now they have the courts as collection agencies. That's what the new bankruptcy law means.

The bankers and Republicans want to move American society back to an agricultural analog in which most people are peasants who are skimmed of their excess production to support the aristocracy. Only it isn't an agricultural society, it is a bankers society.