Wednesday, April 16, 2014

Money lacks wisdom

Turns out that being wealthy does NOT necessarily mean a person is intelligent, and in fact, very rich people can be very stupid.

In this country money is an important subject, and I like starting with the sentence above because I wish most people in the United States believed it, but I fear there is a sense of entitlement instead with money. And I worry that people believe that wealth somehow imbues the wealthy with special powers, including intelligence.

It does not.

The financial problems of 2008 may already have receded in the minds of many who may have forgotten that very wealthy people and institutions managed to almost derail human civilization and collapse our world, and were promptly bailed out in one of the most expensive rescues of stupid people in the history of the world.

Today many fear that money will rule in politics, and that the ability to spend unlimited amounts of cash by individuals and organizations, especially corporations, will trump the intelligence of the nation's citizens, and hand even more power into the hands of people who not too long ago almost destroyed the world.

But, who are you reading the above and how?

I'm not rich. In fact I'm financially troubled now, trying to figure out how to make enough money to live a comfortable life. And I've spent some time trying to figure money out! Which can be seen in some of my posts. How are you reading me in this supposedly money dominated world?

The path to the near financial collapse of the world in 2008 I think was partially paved by coddling stupidity where some wealthy people learned not to care about mistakes as they had gamed the US Government to protect them.

Sadly they were right, where they should have been wrong.

And I'm not against wealth. I would not mind being wealthy myself though I do not chase it as if it were a way to enter Heaven. I do not believe that accruing vast amounts of wealth is akin to paradise on earth. I do not worship money.

But I do not think coddling stupidity is good no matter how rich a person is.

That coddling is not capitalism. It is foolishly supporting inept people who will get ever more expensive until they collapse the system under the weight of their failure, or nearly collapse it.

By gaming the system, wealthy and inept people lead to a profound test of the value of merit, as notice, in time the system destabilized as bad players were not weeded out. Controlling the US Government so adeptly allowed the social experiment to deliver its just fruits--destabilization of the nation and the world.

Today we have a snarl of bad government issues that cover a vast array of areas screwed up by wealthy people with power who may have in some cases naively believed they could do better. They could, they believed fix tort law, control welfare, solve taxes as a problem by lessening their own, and venture outside of money into areas like managing gun regulations, the reproductive behavior of women and a host of other things. But by far their biggest effort was to, yup, control world finances to remove the business cycle and bring themselves endless wealth.

Instead they had to cash in with their bailouts. Now maybe they think they can reboot?

The rest of us learned that rich people can be stupid too. It's not sensible to have to get taught that lesson again.

The web is part of our answer, however.

The sharing of vast numbers of people in new ways outside of a system dominated by television has changed the game I am certain, and we will see.

I think we'll see just how stupid some wealthy people can be as they throw away money on misleading political ads and endless fundraisers for bought politicians, in a world where people like me, and you, dear Reader, can get the information we need, because finally we have the tools and the motivation.

After all, paying rich people to be stupid with tax dollars is rather irritating, or should be.

I think it's something we, the people of the United States of America, should avoid.

Oh yeah, and need I remind: just because someone is rich it doesn't mean he isn't also stupid?

Just wanted to mention that again, and can, as it's my blog. And I love being an American.

You see we kind of got this thing called freedom of speech.

So please share your wisdom--the web lets you--and as we help each other, we can protect ourselves from the bad people: and maybe then there will be more money for all.

But most importantly, we can have a government for the people and by the people as envisioned in the ideals of Founders who though flawed themselves, could point us in a direction that could carry a nation for centuries to come.

I don't believe we've lost our nation to wealth. And I refuse to believe that money can buy this country.

But you see, I actually believe in it.

James Harris
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