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Politics : Bill Clinton Scandal - SANITY CHECK -- Ignore unavailable to you. Want to Upgrade?

To: Neocon who wrote (57403)	7/25/1999 12:01:00 AM
From: Johannes Pilch	Read Replies (1) \| Respond to of 67261

I think Folk can save under any and all circumstances. The problem is, they today want to hold to some minimum standard of living that may well be outside their means. I think the problem is much deeper than the Feds disallowing assistance to those who save. I think there is a lack of a “wealth ethic” amongst the poorer classes. Indeed the lack of such an ethic exists in many who consider themselves “middle” or “upper” class (such folk rely heavily upon debt to finance what they cannot afford). This ethic includes not merely the accumulation of monetary wealth, but more importantly intellectual wealth. I think the poorer classes do not value the long-term effect of acquiring intellectual capital, and as a result they fail to acquire it to their peril. There is an accessible and effective solution. But it is very tough, requiring character from very many folk. (To bed)