Central to the Shifters’ rapid growth was a pyramid scheme of enrollment and enrichment that was encapsulated by the Shifter motto, “Get something for nothing.”As time went by, established businesses wanted in on the game as well, and they manufactured Shifters pins, patches, and hats to sell. A lot of money changed hands, but when the Shifters were seen as mainstream, they disappeared. On to the next fad! The New York Times Sunday Review has the story, plus lists of "Shifter slang" terms, which may or may not be accurate, but it's fun to read. More
A Shifter would tempt a victim into joining, swear her to secrecy, make her pledge to “be a good fellow” and demand an initiation fee of anything from 5 cents to $6. The newly minted Shifter was then dismissed to find fresh victims and make good her investment.
According to The Border Cities Star, “down in New York one stenog. cleaned out 1,200 persons in the Woolworth building offices during her membership campaign, and naturally collected 1,200 dollars.”
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The place where the world comes together in honesty and mirth.
Windmills Tilted, Scared Cows Butchered, Lies Skewered on the Lance of Reality ... or something to that effect.
Windmills Tilted, Scared Cows Butchered, Lies Skewered on the Lance of Reality ... or something to that effect.
Friday, December 7, 2012
A Ponzi Scheme for Flappers
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