Fuck the capitalists. I recently defaulted on two credit cards. I ran them up supporting my parents. My mother was diagnosed with terminal cancer. My father stopped working to care for her, so the bank took their house. Social services wouldn’t help them until they had absolutely not a penny left to their name, their savings gone, their retirement money completely depleted. Then during the interim I had to use my credit card to pay for my parents’ food and medication.
For two years after that I stayed afloat by doing what the credit card companies told me to do: taking from Peter to pay Paul. They didn’t care that it was unsustainable, they just wanted their payments from me for as long as possible, so I would use all my money to pay the interest, live on the credit card (thereby increasing the debt) and switching each month between credit cards so that I built up the largest possible debt for the longest possible time—all on the advice of the credit card companies. The first time I missed a payment, they jacked my interest rates to the maximum allowable by law, about 30%. And when their interest and penalty charges put me over the top of my allowed credit (since they wouldn’t approve a charge above my limit, the only way to go over is if they do it themselves), they began adding monthly penalties to the interest, and interest on the penalties.
At that point, I simply walked away from the credit cards and told the collection agencies to go fuck themselves. I’m on a disability pension and they can’t legally touch my pension. So the harassment started, as many as four calls a day, every single day, during which they would tell me I was a “professional debtor” and a “fraudster,” that they were going to have me arrested, that they were going to make sure and call me every day at 8am sharp for the rest of my life, that (and this is awesome) that I had a moral and ethical responsibility to “pay my debts.”
So fuck the banks, fuck the credit card companies, and fuck any mealy-mouthed neo-con shitbags who cry bitter tears for these worthless sacks of lying capitalist smegma.