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Response to EC (Reply #14)

Sat Nov 10, 2012, 12:22 PM

20. Unfortunately

 

the middle class was buying fashion on credit cards....doing exactly what TPTB wanted them to. Soon, they knew they could pull the plug and put them all in bankruptcy...with NO exclusion for Student Loans.

Going into debt was the part and parcel of the 'scheme' to create The Former Middle Class. I never bought into 'Keeping up with the Jones.'

That massive ad campaign for materialism was successful because it played on people's insecurities...made them believe that having 'things/stuff' was the path to happiness and acceptance. All they got was debt and interest at 25%.

Ever drive through a Former Middle Class neighborhood and wonder why their cars were all parked in the driveways? Their garages were filled w/ 'stuff.' Very sad.

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