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May 14, 2009 at 10:54 PM #400034May 14, 2009 at 11:05 PM #399363CA renterParticipant
[quote=Allan from Fallbrook]
What strikes me as being conspicuously absent as of late, is the desire of many Americans to work at all. That’s where this magical thinking comes in. Invest in the internet and make millions! Buy a house and make millions! Stuff envelopes part time in your den and make millions!
And when these folks don’t make millions, or lose their ass on a really bad RE (or tech) investment, they turn into victims and expect someone to bail them out. We’re all victims and we live in a culture of entitlement.
[/quote]
That’s probably because we’ve spent the past few decades denigrating working people (down with the “lazy” union workers…how dare those worthless bums ask for a higher minimum wage, etc.) while putting “dealmakers” (CEOs, politicians, financiers, etc.) on a pedestal — note how wealth has been transferred over this time. When the working masses see the wealth divide grow like it has, they figure they either have to jump into whatever is making the rich people rich, or doom themselves and their families to poverty. The “middle-class” lifestyle has slipped further and further away from most people’s reach, and they are panicking.
It’s much more difficult these days for people to work their way up via real work. Very few workers can support their families in the same way their counterparts could thirty years ago.
So…we get what we reward. A bunch of scammers trying to find new ways of separating other people from their money. You can’t blame Joe Sixpack for trying.
May 14, 2009 at 11:05 PM #399615CA renterParticipant[quote=Allan from Fallbrook]
What strikes me as being conspicuously absent as of late, is the desire of many Americans to work at all. That’s where this magical thinking comes in. Invest in the internet and make millions! Buy a house and make millions! Stuff envelopes part time in your den and make millions!
And when these folks don’t make millions, or lose their ass on a really bad RE (or tech) investment, they turn into victims and expect someone to bail them out. We’re all victims and we live in a culture of entitlement.
[/quote]
That’s probably because we’ve spent the past few decades denigrating working people (down with the “lazy” union workers…how dare those worthless bums ask for a higher minimum wage, etc.) while putting “dealmakers” (CEOs, politicians, financiers, etc.) on a pedestal — note how wealth has been transferred over this time. When the working masses see the wealth divide grow like it has, they figure they either have to jump into whatever is making the rich people rich, or doom themselves and their families to poverty. The “middle-class” lifestyle has slipped further and further away from most people’s reach, and they are panicking.
It’s much more difficult these days for people to work their way up via real work. Very few workers can support their families in the same way their counterparts could thirty years ago.
So…we get what we reward. A bunch of scammers trying to find new ways of separating other people from their money. You can’t blame Joe Sixpack for trying.
May 14, 2009 at 11:05 PM #399847CA renterParticipant[quote=Allan from Fallbrook]
What strikes me as being conspicuously absent as of late, is the desire of many Americans to work at all. That’s where this magical thinking comes in. Invest in the internet and make millions! Buy a house and make millions! Stuff envelopes part time in your den and make millions!
And when these folks don’t make millions, or lose their ass on a really bad RE (or tech) investment, they turn into victims and expect someone to bail them out. We’re all victims and we live in a culture of entitlement.
[/quote]
That’s probably because we’ve spent the past few decades denigrating working people (down with the “lazy” union workers…how dare those worthless bums ask for a higher minimum wage, etc.) while putting “dealmakers” (CEOs, politicians, financiers, etc.) on a pedestal — note how wealth has been transferred over this time. When the working masses see the wealth divide grow like it has, they figure they either have to jump into whatever is making the rich people rich, or doom themselves and their families to poverty. The “middle-class” lifestyle has slipped further and further away from most people’s reach, and they are panicking.
It’s much more difficult these days for people to work their way up via real work. Very few workers can support their families in the same way their counterparts could thirty years ago.
So…we get what we reward. A bunch of scammers trying to find new ways of separating other people from their money. You can’t blame Joe Sixpack for trying.
May 14, 2009 at 11:05 PM #399904CA renterParticipant[quote=Allan from Fallbrook]
What strikes me as being conspicuously absent as of late, is the desire of many Americans to work at all. That’s where this magical thinking comes in. Invest in the internet and make millions! Buy a house and make millions! Stuff envelopes part time in your den and make millions!
And when these folks don’t make millions, or lose their ass on a really bad RE (or tech) investment, they turn into victims and expect someone to bail them out. We’re all victims and we live in a culture of entitlement.
[/quote]
That’s probably because we’ve spent the past few decades denigrating working people (down with the “lazy” union workers…how dare those worthless bums ask for a higher minimum wage, etc.) while putting “dealmakers” (CEOs, politicians, financiers, etc.) on a pedestal — note how wealth has been transferred over this time. When the working masses see the wealth divide grow like it has, they figure they either have to jump into whatever is making the rich people rich, or doom themselves and their families to poverty. The “middle-class” lifestyle has slipped further and further away from most people’s reach, and they are panicking.
It’s much more difficult these days for people to work their way up via real work. Very few workers can support their families in the same way their counterparts could thirty years ago.
So…we get what we reward. A bunch of scammers trying to find new ways of separating other people from their money. You can’t blame Joe Sixpack for trying.
May 14, 2009 at 11:05 PM #400050CA renterParticipant[quote=Allan from Fallbrook]
What strikes me as being conspicuously absent as of late, is the desire of many Americans to work at all. That’s where this magical thinking comes in. Invest in the internet and make millions! Buy a house and make millions! Stuff envelopes part time in your den and make millions!
And when these folks don’t make millions, or lose their ass on a really bad RE (or tech) investment, they turn into victims and expect someone to bail them out. We’re all victims and we live in a culture of entitlement.
[/quote]
That’s probably because we’ve spent the past few decades denigrating working people (down with the “lazy” union workers…how dare those worthless bums ask for a higher minimum wage, etc.) while putting “dealmakers” (CEOs, politicians, financiers, etc.) on a pedestal — note how wealth has been transferred over this time. When the working masses see the wealth divide grow like it has, they figure they either have to jump into whatever is making the rich people rich, or doom themselves and their families to poverty. The “middle-class” lifestyle has slipped further and further away from most people’s reach, and they are panicking.
It’s much more difficult these days for people to work their way up via real work. Very few workers can support their families in the same way their counterparts could thirty years ago.
So…we get what we reward. A bunch of scammers trying to find new ways of separating other people from their money. You can’t blame Joe Sixpack for trying.
May 15, 2009 at 4:22 AM #399438lostkittyParticipantPuke! This guy is no longer “stressed” because he has plenty of spending money now… not paying the mortgage = $thousands extra each month. He already “paid off” his credit cards, remember?
He talks of his boys and step-daughter all thriving in their schools etc… While making no effort to change his standard of living at all.
Who on earth would buy his book?
How can anyone have sympathy for him at all?
Only bills now are for food, utilities, cars, extracurricular for kids, family vacations, & JCrew.May 15, 2009 at 4:22 AM #399691lostkittyParticipantPuke! This guy is no longer “stressed” because he has plenty of spending money now… not paying the mortgage = $thousands extra each month. He already “paid off” his credit cards, remember?
He talks of his boys and step-daughter all thriving in their schools etc… While making no effort to change his standard of living at all.
Who on earth would buy his book?
How can anyone have sympathy for him at all?
Only bills now are for food, utilities, cars, extracurricular for kids, family vacations, & JCrew.May 15, 2009 at 4:22 AM #399921lostkittyParticipantPuke! This guy is no longer “stressed” because he has plenty of spending money now… not paying the mortgage = $thousands extra each month. He already “paid off” his credit cards, remember?
He talks of his boys and step-daughter all thriving in their schools etc… While making no effort to change his standard of living at all.
Who on earth would buy his book?
How can anyone have sympathy for him at all?
Only bills now are for food, utilities, cars, extracurricular for kids, family vacations, & JCrew.May 15, 2009 at 4:22 AM #399981lostkittyParticipantPuke! This guy is no longer “stressed” because he has plenty of spending money now… not paying the mortgage = $thousands extra each month. He already “paid off” his credit cards, remember?
He talks of his boys and step-daughter all thriving in their schools etc… While making no effort to change his standard of living at all.
Who on earth would buy his book?
How can anyone have sympathy for him at all?
Only bills now are for food, utilities, cars, extracurricular for kids, family vacations, & JCrew.May 15, 2009 at 4:22 AM #400124lostkittyParticipantPuke! This guy is no longer “stressed” because he has plenty of spending money now… not paying the mortgage = $thousands extra each month. He already “paid off” his credit cards, remember?
He talks of his boys and step-daughter all thriving in their schools etc… While making no effort to change his standard of living at all.
Who on earth would buy his book?
How can anyone have sympathy for him at all?
Only bills now are for food, utilities, cars, extracurricular for kids, family vacations, & JCrew.May 15, 2009 at 6:32 AM #399448blahblahblahParticipantWhat strikes me as being conspicuously absent as of late, is the desire of many Americans to work at all. That’s where this magical thinking comes in. Invest in the internet and make millions! Buy a house and make millions! Stuff envelopes part time in your den and make millions!
Very true Allan. Of course the common man isn’t stupid. He knows that he will never be able to retire. He knows that he’s likely to be laid off at age 50. If he’s a technical person he knows that his job will probably be sent to India. He knows that his insurance company will deny his benefits should he become sick. He knows that social security will be scaled back before he can access it. He knows that unless you’re an “inside man” in some sort of scam industry like finance or real estate, you will have these same worries. His only hopes are to play the lottery or to join the scammers himself. In the very worst, most unlikely case he might do a couple of years in prison for lying on his loan applications or absconding with a bunch of unsecured loan money; however, if he robbed a bank directly he’d be in for life. Better to rob them indirectly.
The system is set up to reward crooks and scammers, not hard working people. Why are we surprised that so many are choosing to engage in crooked behavior (lying on loan applications, etc…) when this system is so obviously tilted in favor of crooks.
May 15, 2009 at 6:32 AM #399702blahblahblahParticipantWhat strikes me as being conspicuously absent as of late, is the desire of many Americans to work at all. That’s where this magical thinking comes in. Invest in the internet and make millions! Buy a house and make millions! Stuff envelopes part time in your den and make millions!
Very true Allan. Of course the common man isn’t stupid. He knows that he will never be able to retire. He knows that he’s likely to be laid off at age 50. If he’s a technical person he knows that his job will probably be sent to India. He knows that his insurance company will deny his benefits should he become sick. He knows that social security will be scaled back before he can access it. He knows that unless you’re an “inside man” in some sort of scam industry like finance or real estate, you will have these same worries. His only hopes are to play the lottery or to join the scammers himself. In the very worst, most unlikely case he might do a couple of years in prison for lying on his loan applications or absconding with a bunch of unsecured loan money; however, if he robbed a bank directly he’d be in for life. Better to rob them indirectly.
The system is set up to reward crooks and scammers, not hard working people. Why are we surprised that so many are choosing to engage in crooked behavior (lying on loan applications, etc…) when this system is so obviously tilted in favor of crooks.
May 15, 2009 at 6:32 AM #399931blahblahblahParticipantWhat strikes me as being conspicuously absent as of late, is the desire of many Americans to work at all. That’s where this magical thinking comes in. Invest in the internet and make millions! Buy a house and make millions! Stuff envelopes part time in your den and make millions!
Very true Allan. Of course the common man isn’t stupid. He knows that he will never be able to retire. He knows that he’s likely to be laid off at age 50. If he’s a technical person he knows that his job will probably be sent to India. He knows that his insurance company will deny his benefits should he become sick. He knows that social security will be scaled back before he can access it. He knows that unless you’re an “inside man” in some sort of scam industry like finance or real estate, you will have these same worries. His only hopes are to play the lottery or to join the scammers himself. In the very worst, most unlikely case he might do a couple of years in prison for lying on his loan applications or absconding with a bunch of unsecured loan money; however, if he robbed a bank directly he’d be in for life. Better to rob them indirectly.
The system is set up to reward crooks and scammers, not hard working people. Why are we surprised that so many are choosing to engage in crooked behavior (lying on loan applications, etc…) when this system is so obviously tilted in favor of crooks.
May 15, 2009 at 6:32 AM #399990blahblahblahParticipantWhat strikes me as being conspicuously absent as of late, is the desire of many Americans to work at all. That’s where this magical thinking comes in. Invest in the internet and make millions! Buy a house and make millions! Stuff envelopes part time in your den and make millions!
Very true Allan. Of course the common man isn’t stupid. He knows that he will never be able to retire. He knows that he’s likely to be laid off at age 50. If he’s a technical person he knows that his job will probably be sent to India. He knows that his insurance company will deny his benefits should he become sick. He knows that social security will be scaled back before he can access it. He knows that unless you’re an “inside man” in some sort of scam industry like finance or real estate, you will have these same worries. His only hopes are to play the lottery or to join the scammers himself. In the very worst, most unlikely case he might do a couple of years in prison for lying on his loan applications or absconding with a bunch of unsecured loan money; however, if he robbed a bank directly he’d be in for life. Better to rob them indirectly.
The system is set up to reward crooks and scammers, not hard working people. Why are we surprised that so many are choosing to engage in crooked behavior (lying on loan applications, etc…) when this system is so obviously tilted in favor of crooks.
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