Re: Ponzi or Pyramid Schemes

From: Immortalist (Reanimater_2000_at_yahoo.com)
Date: 02/24/05 

Date: Thu, 24 Feb 2005 09:53:09 -0800

"tooly" <rdh11@bellsouth.net> wrote in message
news:dR9Td.7728$Q47.881@bignews5.bellsouth.net...
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> "Immortalist" <Reanimater_2000@yahoo.com> wrote in message
> news:H5KdnTI_Pco-J4HfRVn-sg@adelphia.com...
>> Ponzi or Pyramid Scheme
>> Charles Ponzi 1882-1949
>>
>> Charles Ponzi managed to accrue an estimated $15 million in 1920, with a
>> mansion in Lexington to go with it, by persuading 40,000 Bostonians that
>> he had discovered the secret of making easy money. Psychology, charm, and
>> an indefatigable hunger to be rich were his business assets.
>>
>> Sometimes called the Pyramid Scheme, or "borrowing from Peter to pay
>> Paul," the game has many variations. In this case, Ponzi sold coupons
>> that

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> I think 'Hope' must be a rare commodity. Do people really want
> 'something' for 'nothing'? Or do they just want to escape suffering?
>

I think it is like how evolution never put in place mechanisms that "Say
When" since no surplus of some required food or activity was presented while
scacity was everpresent. People can get very fat and be comfortable but to
get skinny can be very uncomfortable, as part of human adaption to the
environment. Feast and Famine: In this sense it is easy to accept something
for nothing because such hasn't been selected against.

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