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The first thing he's going to do is he's going to ask his boss for a pay cut. He figures that if his boss has more money he will spend it and eventually this will trickle down to my Uncle. s sure-fire business opportunity he's heard about called "financial instruments." With these "financial instruments", all he ha Next, he's going to borrow $100,000 from this guy he knows. Sam is then going to take that money and invest it in this to do is send $100,000 to the top person on a list of names. He crosses off that person's name from the list, adds his own name to the bottom of the list, and then give the list to 10 of his friends, who then repeat the process. By the time his turn on the list comes around, he'll be a multi-millionaire!
Until then, he is not going to slow down on his consumption at all, for fear that if he does, the others on the list won't be able to afford their $100,000 payments.
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This is exactly what America's been doing for at least the past 8 years. We cut taxes when they should have been raised, and invested money in what is turning out to be a giant pyramid scheme - the financial industry. And we are still trying desperately to believe that everything's going to be OK and we don't have to change a thing. We mock, ridicule and ignore those who are trying to tell us that the American economy as we know it is dead - murdered - and we need to move on a find a new way.
The American economy as we know it is dead - murdered - and we need to move on a find a new way. Reach out to your communities. Find way to work together to make sure that families are not starving and that our children have a future. Stop spending money on crap you don't need. And stop thinking that everything's going to be OK. It's time to take our medicine, accept our fate and move on from there as best we can. Nothing is going to save this economy, but we still can save ourselves.
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