FINANCIAL GYMNASTS AND BALANCING ACTS
There is an extreme balancing act going on every day by everyone. Everyone is a financial gymnast. Every person in the world who has a dollar or dime, or any value of currency must balance, who they owe with what they need and what they want. Every dollar earned has these three immediate creditors. The financial gymnast must hurdle and vault all three if he or she is to come out ahead in the competition for their money.
One way to win the balancing act is to earn and not owe anything. That is virtually impossible in this world. The other way is to owe much and pay little. Nothing ever gets paid off however, it allows the financial gymnast more money to spend on more of what they need, and want.
The third trick in the balancing act is to earn money, pay no one , and pretend that we owe no one. This is the most difficult trick . We have seen a recent public example of this financial gymnastic technique , made by actor Wesley Snipes; who made 38 million dollars in the last six years, and paid no taxes. Now the Feds have caught up with him, and he is facing 16 years in jail. Not a great trade off. No one wins in financial gymnastics; except those who make up the rules of the game.
There is one other way to maintain the balancing act indefinately. That way is reserved only for the most priviledged in society. Making or receiving far more money; than one could ever owe , and spend in a lifetime. Royalty, and the extremely wealthy are the only ones; who can play the game this way. They can hurdle and vault , and balance with total ease by hiring professional financial gymnasts to do it for them. Financial gymnastics are no brainers, if you inherit a billion dollars.
The financial gymnast , excercises dutifully to strengthen their monetary muscles, and continually show preference for the use of a treadmill , to move faster, sweat greater, work harder and lose more weight, but never to get ahead of their competitors or move forward. They grow tired from running and need rest , but they are afraid to rest for fear they will not earn. So they run, and run further on the treadmill; until they are so tired, they can not run another step. Then the gym manager closes all the lights, turns off the treadmills, tells everyone to go home and come back the next day.
As the financial gymnasts leave the gym they feel pain in their overworked muscles. They feel sweaty because they took no time to change and shower before the gym closed. They left the gym with a sense of achievement for having spent so much time on the treadmill. Their legs and arms were sore , but they believed the work out was good for them and they would be richer and wiser because of it. They returned to the gym the next day finding the door was locked, and a sign on the door stating the gym had closed permanently. The moral of this story is financial gymnasts must be extremely careful never to lose there balance.
L.A. STEEL
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