“The Great Reset”

The Great Reset is coming. You will own nothing and be happy about it. Think it can’t happen? Well it is happening already. It has happened in many countries already. Think of places like Cuba, where it happened rather suddenly.

In the USA, it is happening quite clandestinely, but still happening nonetheless, and quite quickly also. Think you own your property? Maybe you have a mortgage? The bank really owns your property. Try not paying your mortgage for a few months and see what happens. Mortgage paid off? The tax collector DOES care that you haven’t paid the property taxes. But fortunately, some investment broker will offer to buy your property before it goes to a tax sale. Most of them will even pay a premium OVER market value. So you could lose your property to the bank, lose it to the tax collector, or sell it to an investment firm. Has inflation sent your taxes up because now your property is suddenly worth more? Don’t worry, the foreign investment company will rent it back to you after you lose it for taxes. You’ll own nothing and be happy about it.

These investment firms have no mortgage to worry about. Many of them are financed by the Chinese or other overseas investments, who are rapidly buying U.S. real estate. They gobble up real estate at inflated prices, then rent them back to the would be home buyer who is either priced out of the market or doesn’t have a cash offer like these investment firms. If you “own” a house like I do, you may have received numerous calls, cards and letters offering to buy your house. Try asking the next caller you get what the name of the investment firm is. Ask them where it is incorporated and who are the corporate officers and primary stockholders or investors. They will hang up on you. Either they don’t know or don’t want you to know.

People have to live somewhere, so they pay inflated rent prices to these foreign investors. These companies hire people to “cold call” home owners and make exorbitant offers to buy up large quantities of real estate in selected areas, then establish a monopoly on rentals, charging equally exorbitant rents. You’ll own nothing and be happy about it.

Have your house paid for? Well you can live there as long as you can pay the taxes. With property values soaring due to the influx of foreign cash offers for properties, watch your taxes go up. Once you die, your estate will likely be unable to pay the exorbitant inheritance taxes on the property, so off it goes to the cash laden investment firm. Eventually people will end up renting…owning nothing and being “happy” about it. Bought gas lately? How about groceries? They want your money too. Ask the Canadian truckers.

Own your own car? Maybe you are leasing it already. Are you paying a personal property tax on it already? How about gasoline tax, license fees, title and registration? Wait until you start paying a mileage tax, based on how far you drive. The green new deal will assess you a carbon footprint surcharge. Can’t afford a car anymore? Well, you’ll own nothing and be happy about it. We’ll lease you an electric car. Pray that there will be enough electricity to charge it. Probably not in Texas when the windmills freeze. And since we are not collecting a gasoline tax from you, we’ll be glad to collect an electric car registration surcharge to pay for the roads.

Have a retirement plan, savings, or 401K, IRA, or other stash for your retirement? Watch what government engineered inflation does to your savings. Then, wait until the bankrupt social security system taps into your savings to pay for the poverty level handouts to senior citizens and disability payments to many others. Your savings will vanish. You’ll own nothing and be happy about it.

Owning nothing will become the norm. It only takes a part of a generation transition to accept changed circumstances as the “new normal”. For example, airport security after 9-11 and mask and vaccine requirements after COVID. It won’t take long for owning nothing to become the accepted new normal.

Have a job? Did you get your COVID vaccine? Sorry you’re fired. Well you won’t need a job because the government will provide you with a guaranteed minimum income. Happy to be dependent on the government? You won’t have to work. But once nobody is working, what are you going to spend your money on? Nobody will be producing anything. Get ready for shortages, already seen in some areas and products such as baby formula, cat food, and meat. Wait for the overpriced gasoline shortages. Seen the increase in number of accidental disasters at food processing plants? Coincidence, huh? So you will own nothing, and be happy about it. Relax, because the drug cartels will be happy to take your income in exchange for drugs, which should make you “happy”. Or dead.

How is your ESG score? Environmental Social and Governance. Are you “Green” enough? Are you “Woke” enough? Are you too white? Well if not, don’t try to get a loan. Kiss your money goodbye.

Sorry, I’m not happy. Patrick Henry, one of my wife’s ancestors, said “Give me liberty or give me death.” He may be long gone, but his fighting spirit is not. I’m sure the Great Reset government will happy to oblige any 21st century Patrick Henry’s with death. Bet they’ll also own your grave site.