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Tuesday, March 10, 2009

Here's what I know ...

{link » What Do They Know? True Confessions of a Conflicted Money Guru}
“The language of psychotherapy -- the recognition that few things in life are black and white, that it mostly consists of perplexing shades of gray -- seems immensely more helpful now than the self-assured, directive lingo we've all become accustomed to speaking or hearing. The advice I trust the most now comes wrapped in doubt. Here's what I'd do, and this is why I think it's right, but I'm not sure. What's implicit is the acknowledgment that very little is a sure thing, that if we follow this advice, we're following at our own risk, and that every potential gain also carries within it the possibility of loss.”
 — By Joel Lovell, Sunday, March 1, 2009
Here's what I know: there is no reward without risk, which is another way of saying "there is no free lunch". That is a universal truism, which applies to capitalism, socialism, and even obamination. If there is one thing that lies at the heart of our troubles and all of the remedies proposed it is our failure and/or our unwillingness to face that reality.

We demand freedom, but refuse personal accountability (AKA "the dog ate my homework"). We want health care, but want someone else to pay for it (how is that different from wanting free room and board?). We want the government to protect us from people who want to kill us, but we senselessly protest when the government does just that, presumably because we want the f*cking Europeans to like us. We want a "good" education but all we are willing to do is get rowdy, stinking drunk, and laid. We want Obama to take care of our mortgage and fill up our gas tank because, well ... because he promised.

What a bunch of whining losers we have become — show me ...; buy me ...; take me ...! F*ck me, me, me. I want the whole enchilada; I want it on a silver platter; and I want it now! Why, you ask? Because you owe me.

Nobody owes you a goddamn thing, except, and it is a grand privilege at that, the right to pursue happiness. That's it, baby. Everything else you have to get the old fashioned way — you have to earn it! But first, decide how much risk you are willing to assume, because there is no reward without risk; that's just how the universe works (AKA no pain; no gain). That's how it works in sports; that's how it works in life. You take on risk; you succeed; you're good to go. You don't succeed; you try again. It is not my job or anyone else's job to bail you out, mofo. Get over yourself.

Here's something else I know: The One is one big-ass mistake, America.

Post #660 Here's what I know ...

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