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People are propping up the economy with little thins slabs of PLASTIC..
I use my ATM, but when I do go out, I notice that most people use credit cards..even for the most mundane things.. Last week I took my friend to lunch and while we were waiting to pay, I saw a well dressed man have his card REFUSED for a $10.00 lunch tab.. He finally had the THIRD one approved..
I am treasurer for a large bowling league, and you would be amazed at the number of bounced $17.00 checks..and these are people who drive brand new SUVs and other spiffy cars..
People are creatures of habit , and are easily influenced bu advertising.. they have confused "need" with "want".. When my boys were little they would always say.."Mom, I NEED....." The stock answer was.."No.. you NEED air, water, shelter, food"..You WANT $125.00 shoes".. there IS a difference"..
Credit card companies are complicit in the impending downfall. There is not a day that passes, that I don't get a "check" for $6000.00 plus or a balance transfer for 1.9% for the life of the balance.. They WANT us to keep the plates spinning, but sooner or later, it will not keep working.. People will get scared for their jobs, or they can no longer afford their health insurance and they will get sick.....
Kids are learning the hard way that graduating college with $40,000.00 in debt, and finding that first job that pays $20,000.00 is no way to "get ahead"..
We are all the victims of a corporate ponzi scheme, and sooner or later they always collapse.. The time is just about right..
Corporate bigshots have stolen our 401-k and pension plans WallStreet Thieves have stolen our mutual funds.. Banks set higher and higher fees and pay out lower and lower interest Insurance companies ,"pre-existing condition" the affordability of medical insurance Pharmaceutical companies advertise "the good life" , but price the medications so that most people cannot afford them Companies see no harm in having workers displaced by $10 a day people in India, Pakistan, Bangladesh.. Fatcats get tax breaks and middle class and poor people lose services they desperately need, because the states are hurting for money.. ....
There was a time when people bought things because they would last a long time, and were repairable.. Yes, kids.. people used to have toasters, radios, tvs, irons, clocks , etc FIXED..
The technological advances brought with them the IMPOSSIBILITY of fixing the items for less money that it costs to buy a new one.(in the case of smaller items)..
The glut of THINGS is dragging us all down the drain, and destroying our environment at the same time..
I would rather know that there are orangutans soomewhere in the forest, just doing their thing, than to have cheap disposable plywood..
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