Buy Me Another Shoe


By Al Thomas

The little boy came trudging home in the rain minus one shoe.

His Dad met him at the door and after drying him off asked what happened. Little guy said, “We were playing boats with our shoes down by the creek when a swirl took my shoe and it went down with the current. I couldn’t get it.”

Dad asks do you know how much that shoe cost?

“Well, it wasn’t my shoe. You bought it. Buy me another one.”

Think about this for a minute. Doesn’t this give an insight why welfare people do not take care of their residences and neighborhood? Who cares about garbage in the streets when you don’t own anything in the area? There is no pride of ownership; no self esteem for where you live.

When you give someone something for nothing it has no value to the person receiving it.

Does a welfare mother value her child for the income it brings in from the government or from her heart? Of course mothers love their kids. If children had no price tag would there be so many being brought into poor economic conditions? That becomes their business; seeing how much “free stuff” they can get – a plasma TV, a new car (payments), a free house.

There is the Habitat for Humanity program that requires people to work before they can qualify for a house. It has been successful because they had to put in sweat equity, not money. It wasn’t free. When they moved in the house the new owners want the neighborhood to be kept in pristine condition. They don’t let the takers take it away from them.

There are very real statistics that the welfare state does not publish. They should. Over a 10 year period starting with those in the lowest quintile (5) of income you find after 10 years that only 17% of the original group is still there and 15% have risen to the highest income quintile group. The remainder have all come out of poverty and made a better life for themselves. It was done by work not handouts.

It is a guess that those who pushed upward on the economic scale now have more self esteem. They have more “stuff”, but they value it and take care of it because they paid for it.

Teaching those who are underpriviledged for whatever reason to become independent and not rely on handouts not only makes for a better person, but a better country.

Welfare is not the solution to a strong economy.

Al Thomas’ new book, “If It Doesn’t Go Up, Don’t Buy It!”, 3rd edition, has helped thousands of people make money and keep their profits with his simple 2-step method. The method made 10% during 2008. Read the first chapter at http://www.mutualfundmagic.com and discover why he’s the man that Wall Street does not want you to know. Copyright 2010 Williamsburg Investment Co. All rights reserved.