Tuesday, August 14, 2007

FORMULA 1

THE FORMULA FOR WEALTH IS TO MAKE YOURSELF RICH BEFORE YOU ENRICH SOMEONE ELSE. DO YOU SUPPOSE HOLLYWOOD STARS, MUSICIANS AND PERFORMERS GOT RICH WITHOUT FANS GIVING THEM MONEY? HOW DO YOU THINK CORPORATIONS AND BUSINESSES PROVIDING GOODS AND SERVICES ACCUMULATE WEALTH WITHOUT CUSTOMERS GIVING THEM THEIR MONEY? HOW COULD POLITICIANS AND LAWYERS AMASS FORTUNES UNLESS THEY CONVINCED OTHERS TO DONATE TO THEM? THE FORMULA FOR WEALTH IS TO GIVE YOURSELF MONEY BEFORE YOU GIVE IT TO OTHERS. SAVE A PORTION OF EACH DOLLAR EARNED. THEN INVEST THOSE DOLLARS RATHER THAN GIVE THEM AWAY TO OTHERS IN THE ENTERTAINMENT, VACATION AND RETAIL INDUSTRIES. AS A BLUNT RADIO TALK SHOW HOST SAID RECENTLY, "TO BE POOR IN THIS COUNTRY YOU HAVE TO BE IRRESPONSIBLE OR STUPID." STUPID AND IRRESPONSIBLE GO TOGETHER LIKE SMOKE AND FIRE. IF YOU CHOOSE TO BURN UP YOUR DOLLARS WITH PERPETUAL CONSUMPTION LIVING BEYOND YOUR MEANS OR IN DEBT, YOUR FUTURE WILL DISAPPEAR LIKE SMOKE AND WHAT YOU HAVE LEFT WILL BE THE ASHES OF YOUR RETIREMENT YEARS. WHO THEN BUT GOVERNMENT COULD BAIL YOU OUT OF YOUR SELF-INFLICTED POVERTY WHEN INSUFFICIENT SAVINGS AND INVESTMENTS CANNOT COVER HEALTH COSTS, HOUSING, FOOD, UTILITIES, ETC.? THEN ONLY YOUR DEPENDANCE UPON THE GOVERNMENT COULD RAISE YOU OUT OF THE ASHES, PHOENIX-LIKE, BUT OTHER PEOPLE WILL BE FORCED TO SUPPORT YOUR FLIGHT. IS THIS FAIR? IS THIS RIGHT? WERE YOU NOT STUPID AND IRRESPONSIBLE?

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