Sheldon Drobny - "Money is a curse"

[benburch]

http://www.huffingtonpost.com/sheldon-drobny/money-is-a-curse_b_20686.html

A few days ago Bill Gates was quoted as saying that he wished he were not the richest man in the world. For a society like ours that admires wealth so much, this statement seemed to be strange. Yet in fact, the endless accumulation of money for its own sake is the worst thing that can happen to a person and for the society in general.

I have observed many people who have become extremely wealthy since I am a financial advisor, CPA, and venture capitalist. In most cases, those who become very wealthy lose their psychological motivation to provide the means of support to their families. People who no longer have to earn money to survive unwittingly must turn to other things in order for them to seemingly have a purpose in society. And most of these other purposes are bad. Once anyone has achieved wealth, they usually turn to achieving power and influence in society and they are usually ill prepared to do things in the best interest of humankind. Rather, they turn to family wealth accumulation to create legacies much as the Pharos did in ancient Egypt.

<SNIP - Lots more. READ IT>

I am afraid that in our country, it may come to the fear of losing everything through an insurrection that will finally convince the wealthy class that it is time to make a change. But, it will take a massive grass roots effort to make that happen. Hopefully the very wealthy will recognize this before they self-destruct.

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Wish I could quote the whole thing here, cuz the three paragraph rule is so damned limiting...

[mdmc]

1. I am gifted

not cursed :)

[glitch]

2. There may not be an FDR to save their asses this time around.

We'll see.

"I am afraid that in our country, it may come to the fear of losing everything through an insurrection that will finally convince the wealthy class that it is time to make a change. But, it will take a massive grass roots effort to make that happen. Hopefully the very wealthy will recognize this before they self-destruct."

Thanks for posting.

[genieroze]

3. Let's hope.