Friday, August 6, 2010

Changing Direction


IF WE DO NOT CHANGE DIRECTION,
WE WILL LIKELY END UP
EXACTLY WHERE WE ARE HEADED.

~Chinese Proverb


Of Note: It was a surprise to read that 80% of the world's domestic product belongs to one billion people. The remaining 20% is shared by the other five and a half billion. This is an obvious imbalance of resources. Some would say unsustainable. If indeed this inequity is not sustainable into the future, how will a balancing take place? Billionaire Warren Buffet has one answer. He and Bill Gates have asked 80 American billionaires to publicly give their wealth away before they die or soon thereafter. 40 agreed. Those who have responded are highlighted on the Giving Pledge Website. Most of these uber-wealthy people said that if not for Buffet, they would not have considered giving away their wealth in this way. How did he convince the wealthy to give? According to one, it was Buffet's personal request to set an example and influence others that made a difference. Now that this mover has canvassed the American rich, he will move on to the international moneyed community.

Today's Weather Report: A perfect day at the ranch as far as weather is concerned. The local paper said we've had a few inches of rain more than the average for the year. Considering we were way below average for the last several years, being above average for a change is welcomed. Two more of our cats are missing this week. Could be that the local wolf pack has run out of deer and are starting to prey on pets. That would be an unfortunate turn of events and an unintended consequence of reintroduction of wild animals to populated areas.