Tuesday, January 14, 2014
The Bottomless Pit Of Debt
Debt is a heavy burden that is carried on the shoulders of people throughout the majority of life. No matter your life’s status or wealth, you may always find yourself standing at the peak of the pit of debt. In the article ‘Debtor’s Prism’ by Margaret Atwood describes debt in detail from the perspective of the debtor. There are many forms of debt in life, that vary from small loans from an acquaintance to collateral debt. "Without memory, there is no debt", opens the article. This is the greatest point of debt. No one would would have to carry on the worry of not having a firm hold on their wallet, or maintaining the ability to own a wallet. Debt is a burden born with time that continues to find new ways to expand through man kind, and not limiting to just human beings. Debt balances out the circle of life. " We get "into" debt, as if into a prison, swamp, or well, or possibly a bed; we get "out" of it, as if coming into the open air or climbing out of a hole." Debt is indeed seen or described as a prison that holds you down, as well as the debt collectors. As long as you are alive there will be someone who has to remember to come search to gain from you, and build their fortune. An uneven balance, but a balance nonetheless. In the text, life is explained to have a series of games such as, Alcoholics", "Now I've Got You, You Son of a Bitch", "Kick Me", "See What You Made Me Do", as well as various others. Each of these games speaks of the fears they instill in the debtor. Having to live on edge and not being able to be comfy unless you yourself are seeking out debtors. One of the largest dreams shared throughout the world is to be a homeowner. With home ownership comes the debt of mortgage. Paying off your mortgage in its entirety is one of the biggest accomplishments that can span over the period of 50 years, depending on the home value. " God Bless Our Mortgage Home", was said to be displayed in homes around the 1940's once families were freed from the debt of owing for the roof over their heads. Being freed from debt has to be an even greater accomplishment then becoming a homeowner. Modern Debtor's have found a relation to the fiction characters we've grown to be wary of. Ebenezer Scrooge, a character that can be found in the personality of many debt collectors and debtors alike. Companies can use and have used Ebenezer Scrooge as a label. People know that Scrooge was a man of business who would strip you of all you have until he has accepted all that you owe. Television, articles, and billboards use him as a method to place that reminder that you will remain in the hole, while they take the dirt from under you. Your comfort is held in the palms of your attempts to just live and make positive choices to better your life, and the lives of your family.