Day 212: Everyone Needs a House - Why is a House not Guaranteed?

"There are 19,69 million active credit consumers, of which 53,1% are considered to be in good standing. The number of consumers with impaired credit records has slowly been deteriorating from only 37.7% in late 2007 to the current level of 46.9%."


-- Michelle Dickens, A Disguised Threat, The Witness, p. 13. 06 April 2013.

So, only about 10,45 million South Africans have credit that is in good standing. With a population of 50,5 million - of which about 18.5 million are under 18 - we have an adult population of 32 million. Of these 32 million only 10,45 million have access to credit - that is about one third. Two thirds is entirely excluded from credit.

Now - what do you need credit for? Anything from buying a car to buying a house/apartment. Although, currently, in South Africa, people have more and more started paying for daily expenditures such as food and clothing through credit as well.

Now - from those whose credit is in good standing - we have to remember that only a fraction of that segment will be able to actually afford something like a car or a house, because to have good credit doesn't mean that one has a income high enough to be able to get a loan or a bond large enough to be able to buy such things as cars and houses. So - we halve that amount - then we end up with 5,28 million adult South African citizens who can afford to buy a house or a car.

To have a house or an apartment is not a luxury - it's a basic necessity - everyone household should own one. Currently less than 10% of the South African population is capable of buying a house - one that isn't made of mud and sticks.

So - how is it that we think it is okay to have a market force decide on the distribution of something as necessary as housing? Where we end up with only a 5th of the population having access to the funds to buy a house?

If this is what we as a people think to be an effective way of distributing the goods and services that exist among the population - then yes, by all means - let's continue with what we have. But if you as I see the ludicrousness in this situation - then I suggest you investigate Equal Money Capitalism as an alternative way of distributing resources. A way where every household is guaranteed to have a house - lol, at least, then it would make sense to call it a 'household'.

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Day 79: Monetary Policy - Part 2

I forgive myself for accepting and allowing myself to think that it is normal that banks are able to lend out money they don't have and, on top of that, charge an interest fee - which means that, when the bank wants to collect money owed to it - it will receive funds from various different individuals plus interest - and as such sucking all the funds towards itself, out of people's wallets.

I forgive myself for accepting and allowing myself to think that the story of the money supply is really as simple as it is as how it is presented in economic textbooks - while, in actual fact - money doesn't just 'get created'. Because when a loan is given and some positive number is written in a person's account - at the same time a negative number is created: as debt - and thus, even though it seems that money was created, it did not, because the debt must be paid - and the debt must be paid to those who created the money out of thin air: the banks.

I forgive myself for not accepting and allowing myself to see and realise that the apparent 'generosity' of banks in 'wanting to help you out' with buying a new house or a new car, is attached to a day of reckoning, where outstanding funds are collected and if the moneys can't be paid - the bank will take everything you own and you are left with nothing - and herein there is no mercy or generosity - only the actual reality of the situation: Greed.

I forgive myself for not accepting and allowing myself to question a world where each one apparently has the right to a decent life, but where, if one is unfortunate or has made a bad decision in life - one can end up in a situation where one's house, car and all valuable assets are taken away, becaues the bank is trying to mitigate its losses and what that means to you is really irrelevant as you are just one little player in their big money-making scheme.

I forgive myself for not accepting and allowing myself to realise the absolute abhorrence of the nature of the human race if we think it is okay and acceptable and normal that wealth and money come before each one's basic human rights - and where we don't even stop to think what it means if banks have the ability to take away people's houses just because a person doesn't have enough money - instead of realising: who the fuck cares how much money a person has - each person needs a house to live in - as a human being, it is a simple common sensical point to take care of one another and make sure each one has a fucking roof over there head - who the fuck are we if we can't even fulfil such a simple, basic point?

I forgive myself for accepting and allowing myself to define a person's worth according to the number in their bank accounts, instead of realising that a number is just that: a number - it doesn't even refer to anything real, it is just a digital picture - instead of realising the value of the person as a physical human being and treating each person as such - an equal - because we all breathe, we all shit, we all eat, we all piss - and therefore no-one can say that they are better than another from a physical stand-point - we are all the same - and therefore, any value system must consider our actual physical reality and recognise the equality of reality - instead of entertaining the inequalities of all the fictional parts that we perceive to form part of reality, such as money, opinions, thoughts, beliefs, etc. - because if our value system only considers fiction, then we disregard the physical reality - and this can be measured in fact, as we see the status of the physical world deteriorating each day, with more species going extict, with more air and water being polluted, with more land becoming unarable, with weatherconditions increasingly becoming more erratic, with natural habitats being destroyed each day.

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