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Wednesday, December 04, 2013

Poor Excuses

“The real measure of your wealth is how much you’d be worth if you lost all your money.”
~ Anonymous

Forbes has an interesting article that asks whether poverty is the result of bad luck, personal failings, or the enabling welfare state. The reader learns that Warren Buffett seems to think life is based on the "ovarian lottery"--a strange opinion for a man who built his own fortune from humble beginnings.

The article's staggering financial statistics of what we as a nation have spent in the past half century trying to cure poverty may make you ill; but, it's worth a read in this season of giving and gratitude.

And it's worth noting that poverty doesn't stop everyone, as these once-homeless celebrities demonstrate. Looks to me like these particular individuals won the determination-and-drive lottery. You'd think Mr. Buffett would have heard of that by now.