Thursday, October 09, 2008

Will Anything Be Learned From This?

The government is "bailing out" financial institutions that are in serious trouble, supposedly because of the economy, but maybe instead because of some poor choices that they made.

If we as individuals get "bailed out" every time we make a mistake, will we ever learn anything from our mistakes? Probably not. We will just figure that everything is OK and even if we make the same mistake again, it will still be OK because someone will again bail is out.

While this government bailout might help the economy, eventually, I fear that sometime down the road, we will find ourselves in the same boat once again and will again be looking for a bailout.

On all levels, from the individual to the corporation to the nation, we must at some time have to face the consequences of our action and of our mistakes if we are ever to learn not to repeat them.

So Sayeth The Shack

1 comment:

Jeni said...

So very true, John!
By the way, tell Wynne that I saw her letter to the editor in today's CDT and felt she did a great job with it too! Very good comparisons in her words.