"You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is about the end of any nation.

You cannot multiply wealth by dividing it."
Dr. Adrian Rogers 1931-2005
Showing posts with label bailouts. Show all posts
Showing posts with label bailouts. Show all posts

Wednesday, January 14, 2009

The Titanic

Remember the RMS Titanic? Forget the movie drama, but think about the reality of what happened on that cold April night. The Titanic carried all classes of people, and typical of how things are even today, not enough precaution was taken. Over 1,500 people died. Not one person on that ship could even fathom the possibility that death in the frigid ocean awaited them, as this was the maiden voyage of an incredible vessel.

The Titanic has a great lesson for us all. We often view ourselves as something so incredible that if something tragic happens we sink. We are ill prepared to grab a life vest and jump in a lifeboat because we haven't allowed for any possibility of anything going awry. In fact in an area where something has gone terribly wrong, what is the first thing you hear from a witness? "Things like this never happen here." Think about all the school shootings, disasters, crime sprees that you have read about. Not one person in that region believed that it could be them that would be impacted.

I have been a Titanic follower my whole life, as my mother was born on April 14 and the ship hit the iceberg on the 14th and sunk on the 15th. So my mother shared the birthday tragedy with wisdom, why not us? Things do happen to each and every one of us so why aren't we prepared?

We must prepare for things to happen in life, as things always do. Clearly we all will die, so perhaps it will be today. Sometimes a great business idea isn't what we the public wishes for, so pull back and start over. We need to step up and be accountable for our failures as well as our successes. On the Titanic there were several extremely wealthy people. I will mention two of these wealthy men, as they had enough money to buy their way out of the situation: Isidor Straus and John Jacob Astor. Quite easily they could have offered their fortunes to those in the lifeboats...to be given to the recipients children or such. But guess what? They did not. John Astor is reported to have asked once to go with his young wife because she was pregnant, but when told no, he did not storm off, but gave her his gloves and went and lit a cigarette. Mrs. Straus refused to get in a lifeboat and is quoted as saying "We lived together, so we shall die together". I cannot imagine the chaos of today's mindset in a situation as the Titanic. Oh but I can...

You see businesses, banks, and people are sinking. Some because they were duped, or just because they are poor managers of money, and others because we no longer have a need for the service offered. Yet instead of stepping back and regrouping...they are all jumping into the lifeboats demanding to be saved. I am sure you know what happens when too many crowd into a lifeboat? It sinks and no one is saved. That is what is happening to our country. It used to be you had a story of your failures that then resulted in hard work, savings, and energy to relaunch you. Think about how many strike outs Babe Ruth had. Contemplate how many times a baby will fall in learning to walk. They may cry a bit, but up they go and forget that they fell.

Because we have chosen to not allow failures we all are doomed to sink in the lifeboat of the American Bailout. My question to you is then this, do you have a life vest to keep YOU afloat?

***something else to ponder when you wonder where I get my strength- of course the Lord first, but then my mother. My father was killed on the 8th of April but she was told on her birthday that he was killed. What makes one pick up and go forth? Well knowing that you have to. She continued on because there was no other option. That is why Bill and I ended up becoming farmers without any experience- as we had to pick up and go forth knowing that we ourselves must make our way.

I pray our country can recover from the incredible amount of debt we have taken on by not allowing the failing of mismanaged or what not businesses.