What Happens When People Die with Debt: Who Pays?

Millions of Americans are getting buried in debt, literally. A shocking number are dying with unpaid mortgages, car loans, student loans and credit cards.
— Read on www.debt.org/family/people-are-dying-in-debt/

— I just found this on a random search about what happens to dad when you die.

I was thinking about this because I have no one to give anything to, whether it be assets or deficits, when I die. So I was imagining that whatever debt I accrue will just get absorbed into the system. And I was pondering how many people die in this way, such that their debt just gets absorbed by no one in particular and everyone in general?

It is interesting to me that the link that I found says that it’s “scary” that so many people will die owing a lot of money.

And I thought what a strange and somehow dangerous propaganda that kind of view supports and propagates.

Why is it scary?

Thinking about it, I think it’s scary because if you really consider what it means to die with debt that everyone gets to absorb as a society, it means that Debt doesn’t really mean very much. For a person to die with debt that no one owes or no one will be obligated to pay, calls into question the very idea of an obligation to pay debt.

And this is scary. Because our system is based in a deep kind of faith that there is some universal obligation to pay debt. Indeed it’s written into our lives, but in America anymore you can’t go to jail for not paying your debts. The only thing that happens is your credit score goes down. Or you end up homeless. And then that’s not great for Society. either because then what’s happening is everyone’s paying a ridiculous amount of money for me to live. Whether it’s that I am absorbing money for social programs, or I’m causing some sort of social issue, such that “regular people” get to deny the actuality of their existence by denying the reality of my homeless, credit list, moneyless situation. etcetera.

What is this world religion that we are involved with? 

The True Purpose of Hospitals.

As anyone who has even worked in a hospital knows, hospitals are actually waste generation facilities that help people as a nice by-product.

Medicine for profit amounts to waste. The money that is made from illness is not made from the caring for or healing of the sick; on the contrary, the money is made through the generation of waste. I’m a very non-Marxist manner, profit is the collection of wasted product generated by the exploitation of the fear that accompanies sick people.

Work Ethic

I was listening to an NPR. Something about food stamps and how there is a debate about how giving them encourages people not to work. Then Just crossed my mind…

Who cares?

Why are we caring whether someone works or gets things for free?

I wonder if it really has anything to do with being a good person. I would think that my concern around whether or not a person works has more to do with the power they wield in potential then it does to do with contributing to society.

Think about it. If a person doesn’t have to work and get things for free, what am I worried about ?

If I remove my idealistic sense that everyone should work or else they’re a lazy bastard, then really all I’m left with is that this person will have a bunch of time to get mischievous and might actually do some things with power that would affect my life in a way that I would not want it affected.

Because, why should I care whether or not someone works?

That just keeps rolling around in my head.

What is the idea behind Congress’s debate over whether or not giving people money keeps them from going and looking for a job?

I mean, I seriously doubt that anyone is thinking that someone needs to work so they feel better about themselves.

Somehow I feel that is not the motivation for getting people to be motivated to work a job and make money, that is, so they don’t collect money for not doing work.

What do you think?

Where does the US get all the money for the stimulus checks?

https://en.m.wikipedia.org/wiki/Financial_position_of_the_United_States

Someone who is more educated in money, please correct me if I’m wrong.

https://www.google.com/amp/s/www.cbsnews.com/amp/news/coronavirus-stimulus-package-pay-united-states/

1.8 Trillion. That’s the current draw. It seems like a lot. Surely we must be stressing the economic system somehow??

Maybe not. For, this is the secret of modern capitalism: making money from credit and equity; that is, out of nothing.

The money our government is drawing from is equity, which is a pure speculative quantity. It is the amount of money people are willing to bet on, and these bets then contribute to the asset/deficit function called equity.

Currently the US has $128 Trillion to draw upon. This is to say, to pay off bets, which are always smaller than the equity, and which always pay off into equity more than the payouts from the bets.

To the general citizen, “invest” means to “believe’ that money is rooted ethically in humanity, in life, in work, goods and services, family, etc… Regular people bet on “things”.

But the real Money makers bet on nothing.

To the true capitalist, to invest means to bet that you will lose. For the true capitalist, humanity is merely a placeholder in the game; it does not even have a stake in it. Humanity is the “zero”, the null set against which ethics is claimed, either as “good” or as “winning”. And the thing is, humanity will never end.

This is the secret to big money: no matter how screwed up humanity and the world appears, no matter how many people die for whatever reason, the money will keep rolling in, technology will endure and the aggregate group of beings called humans will continue to grow and support a small elite who function to move the body onward to the future !

That is the attitude of investors who win. So we all win, in the end.xx

The solution to the modern human being

This is purely hypothetical; and a little bit tongue-in-cheek. But I feel like if I would’ve done life all over with the knowledge that I have now, my number one priority would’ve been to make as much money as possible As quickly as possible.

Let me say right off, I don’t think that most people should do this. Greed is not good. Let me just leave it at that until the end of this post. 

So let me qualify this.

As a person in this modern world, a philosopher and a counselor, I am more concerned with what actually is as opposed to what ought to be. I cannot be sure what someone else is supposed to do. As well, I’m not really sure what the world is supposed to do either. I have very little comprehension of what the universe is supposed to do.

I think the basic and fundamental problem of all mental issues, the foundation of modern mental health, is the inability to see things as they are. Mental health, just as a loose definition of working definition right here, has to do with the discrepancy between what a person thinks, and feels and behaves, compared to what they ought to, which is to say in comparison to what they think the world appears as.  and most often what a person thinks the world actually is is really shaded and distorted by what they think it ought to be.

My philosopher joins up with my counselor by saying before we even get to that kind of formula, before I even begin to try and figure out what this person in front of me thinks that ought to occur or how they be, or how the world is supposed to be, one of the first priorities is to begin to get them to notice what is actually occurring, Be aware of things how they actually are before We start making judgments upon them.

Now I weight my philosopher by my counselor. I do not think that philosophy by itself gets very far. That’s just my personal solution to the problem of philosophy. And if you want to try and understand how I see philosophy as indeed an identifiable object of the universe, you can start looking back at the posts I’ve been writingfor the past, I don’t know how long it’s been, six years eight years? or maybe you could look at a couple books I wrote and maybe. Or maybe a few of the papers that I’ve put on academia EDU and stuff.

Anyways. I don’t mean to get into all the ins and outs of mental health. Here.

I mean to give context to why I say if I could begin my life all over again Knowing what I know now, I would have made it my number one priority to make as much money as possible. Of course the close second would be human compassion. But I wouldn’t let my individual relationships with people interfere in me making as much money as possible as quickly as possible. But neither would I let the act of making money, nor the glamour that money tends to enslave people through, dictate my sense of self in the world. and I mean this in the way that would I would instruct my past self to do would be to make as much money as possible, invest that money. And then stop worrying about making money and then concern myself with Being and giving back to the world. if you have enough money, you can do anything that you want to do, whether it is water ski for the rest your life, become a successful academic, run for president, or just travel the world being homeless.

Like I said this is a little bit of a tongue-in-cheek hypothetical simulation. But I believe it has some merits.

Because the fact of the matter is that if you have enough money then 70% of your problems are eliminated, at least as much as they Can be. What we don’t realize when we’re children, most of us, is that old Hebrew kind of saying, “if you don’t have your health, what have you got?”

One only realize this as they get older. Because it’s been my personal experience that my mind really doesn’t change very much. The person that I feel that I am and think that I am and believe that I am really hasn’t changed very much since probably my late 20s. yes, life experiences has caused me to alter perhaps how I view the world, and how I view the situation in various situations, but who I inherently feel that I am and how I think how I approach the world really has not changed hardly at all.

But what has changed is my body stops functioning the way that it used to, the way that my mind think it should the way it Ott. So, the people that are very wealthy have that one in the pocket. For sure we don’t know everything, but money is the golden door to whatever sort of healthcare, the best healthcare that, literally, money can buy. Even if it’s some sort of holistic healthcare that doesn’t require any money. At least you have the money if you need it!

Also if you have enough money you don’t ever have to worry about a place to live, you don’t have to worry about what you’re going to eat.

The only thing left after having plenty of money is whether or not I feel comfortable with myself in The world.

And I would argue that this is the preoccupation with most people, and is the reason why most people don’t make money their main interest, because there’s like 80% of what else is going on Hass to do with how they feel about themselves in the world. And then this preoccupation with self just makes people kind of make whatever money that they think they should and we have the basically 90% of the worlds population right there, weather poverty stricken or upper class.

And I do not think it is proper to resort to modern statistics topointto the majority of say poverty stricken people who can’t get out of poverty. Because that view is an “ought” view.

Reality and truth of the matter is that some people do indeed see poverty as something that they are attempting to get out of and then they do.

Now I’m not making judgments to say that the people who don’t, like, somethings wrong with them. Because again that is an ought, that is a judgment. I’m not making judgments here. Of course there’s a huge problem with poverty and power in the world. Of course. I’m not making an argument that that is not the case or that somethings wrong with them.

*

I like to bring up something that Bono from the band U2 said Back in the 1990s.

Now, people probably don’t understand it nowadays, but if you were there back in the 90s, you would understand.

I think it was an interview with MTV or Rolling Stone magazine or something, and he said that Americans are the only ones who play rock ‘n’ roll and then don’t wanna make money from it or don’t want to be famous, Have some issue about being popular.. I forget the exact quote. But what he was saying for the time was very true. Because punk rock and what had become popular then known as “grunge”, which was really punk rock starting to make money, somehow the American culture –at least on the one side you have the hippie Grateful Dead culture revival, and then on the other side you have the grunge punk rock starting to make money –both of the sides had issues with capitalism. Both sides had issues between what is authentic art and then making money from it.

Innoway, I think that pervades our sense of modern identity even today. Because somehow we feel guilty if I point out the exception of people in poverty who actually make it their life’s goal to get out of poverty, whereas I don’t so much in this case, in this post right here, rely on the fact that the overwhelming number of people in poverty have no way of getting out of it .

So it seems to me that money really has nothing to do with how one feels about oneself in the world because ultimately everyone is concerned about how they feel about themselves in the world regardless of their situation. Most people are preoccupied with feeling OK. We can bring in Maslow hierarchy of needs if you want to kind of measure this up, but I would figure in our actual current society, aside from what “should be ethically”, all of those needs have do with money, except maybe the highest one of self-actualization, which really then doesn’t matter how much money you make. But the rest of the needs can be solved by having enough money. That’s just a fact of our modern day.

The caveat is that I would not recommend this to most people in the world. I would not say that everyone just needs to concentrate on making as much money as possible, For the fact that most people generally live their lives unaware and are motivated and guided by this unawareness. And it is this unawareness of self and the world for what it is, which allows greed and the power fetish of money to overcome peoples activity.

So what do you guys think? 

And as I will say at the end, again, most people should not do this. Yeah idea that everyone should pursue as much money as possible is probably the most disgusting thing I’ve ever imagIne.

Lol 😝

One of the most Important Questions Of our day: How Much is too Much?

I know this question is heresy for the traditionalist Westerners, but it is nevertheless a question we need start to address:

How much money does a person need to make to be happy?

Is there an ethical standard that requires those who have accumulated vast amounts of money to give back to the economic system and its constituents that has allowed them such power?

…An ethical standard that requires such benefactors to yield at least some of their money for the benefit of what we collectively call ‘our world’?

Is there a mental standard of the same? A standard for sanity?

Can we be justified as deeming insane a person who demands more than X-amount of money to be happy and content ?

We can no longer afford to have faith in the transcendent hand of freedom. We must begin to ask these hard questions.

Does the capacity to make a tremendous amount of money equate to a right to control the world?