Hate to Say...Greed Is Good

A buddy of mine was describing his girlfriend’s boss to me last night. A hard partying playboy who buys Porches on a whim and throws around cash like it’s going out of style.

Although I’m guessing I would probably dislike him on a personal level, I can’t help but point out the obvious:

This guy’s self absorbed pursuit of status symbols is the driving force behind our economy. The only fallout I can see from this jerk’s agenda are resentment from those around him and JOBS!!

Some seek power, some seek admiration, and some seek flashy possessions……regardless of their motivation, their quest for large rewards is the driving force behind our economy.

I know I’m preaching to the choir here, but maybe there are some who have not quite grasped this concept!

In fact, as long as we spend within our means, our pursuit of unnecessary material possessions creates new markets and career opportunities for those that need to create and sell this rubbish. Yes, materialism is rather disgusting, but we can’t help but acknowledge how a petty attempt to cover up one’s own insecurities actually leads to a better a life for everyone!

And for those that REALLY want to keep up with the Jones’s……well, they work even harder to create new opportunities for themselves, and that usually requires the help of employees to hold up the enterprise.

I know this is a simple explanation of Capitalism, but it’s obvious some have lost site of this as of late!

We do not need to vilify the rich…..or thank them for that matter. But, we must not do anything to impair their reckless pursuit of decadence….as long as it is done ethically.

Of course, spending outside our means has lead to an unnatural rise in demand and prices in relation to our salaries….but hey….that’s why we voted for Obama!! He’ll get everything back in order…..! Instead of allowing those who made reckless decisions to fail, he’ll hamper legitimate spending in order to keep them afloat. Insanity!