Capital One In Your Wallet, Gun in Your Pocket

If you live outside the safety of a wealthy city and have “Capital One” in your wallet, you probably have a gun in your pocket.

Unregulated personal debt is leading to uncontrollable desire for guns and the gun violence they bring. Bear with me.

People are too ashamed to advocate for new laws limiting personal debt through debt-forgiveness. Politicians, obviously, depend on Wall Street to get voted in.

As you probably know, the gun lobby has been very successful in preventing the national collection of gun statistics. Further, there are few statistics about debt, at least itemized in a way that could make a gun-ownership and violence connection.

Do we really need to look at detailed statistics? I don’t. One in five Americans are debt free and the rest are struggling with tens of thousands in debt.

Even those debt free Americans are not debt free. The U.S. owes about $2 trillion to China/Japan, or over $25,000 for every working American. American workers pay $700 in cash money to Asia for interest on that debt. When that subject is covered, it always ends with “well, the Chinese will hurt themselves more than us if they take their money back.” With every new gun death that theory is wearing thin.

From my experience, no one with significant wealth talks about the right to buy guns. Those who do want guns, I suspect, fear financial ruin.

But does that mean I can connect personal debt to gun violence?

I put myself in the shoes of those with chronic debt. They face a real possibility that they will be homeless tomorrow. Someone stealing their wallet is one thing when they have savings, quite another when they don’t, right? I’d be bummed if someone stole a car I just bought. I’d be apoplectic if I hadn’t paid it off yet.

Sure these mass shooters are mentally ill. But consider this. For the sake of argument, if debt was forgiven for all Americans, and each was given $25,000, instead of owing it, how much gun violence would go away? We all know the answer.

Understand the mindset of people who are in fear of losing their guns. To them, it seems, It could be a criminal with a gun, or the police run by a corrupt government. Does it matter? Having a gun gives them that ultimate power fight to the death instead of getting humiliated.

The wealthy telling the debt-slaves they should just learn computers makes them angrier.

We live in a society that markets credit cards to kids in college, some who commit suicide from the stress. Obviously, if we’re not going to take responsibility for children we’re not going to care about what the debt does to their parents.

Let me leave you with one more shocker. IF strict gun laws are put in place, and this theory is correct, that debt increases gun ownership, expect gun violence to grow exponentially. It will be explained, of course, as “white nationalism”.

Wait, it’s already happening!

From the top to the bottom, the nation needs to rethink the social costs of imbalanced debt. We need to become a nation of savers again. We need to scale back the marketing of credit. We need creditors to take on more responsibility for reckless lending.

The bullets are flying.