Thursday, January 29, 2009

Fiscal Responsibility

Does the Wall Street CEO deserve a $10 million bonus when his company lost billions? Should taxpayer bail-out money include a clawback provision forcing executives to return some of the millions they took from Wall Street? Fair? Not fair? I choose not to waste a single thought on greed for greed’s sake. Instead, I’m inspired by the rich who steward their wealth intentional and directly toward leveling the playing field in meaningful and lasting ways.

I am impressed by individuals who continue to give generously even in these difficult times. I believe that the wealthy have a responsibility to invest in addressing inequity. This is especially true when the constraints on others are so great. Otherwise, we will come out of the economic downturn in a world that is even more unequal, with greater inequities in health and education, and fewer opportunities for people to improve their lives. There is no reason to accept that, when we know how to make huge gains over the long term." -Bill Gates

Ignore the headlines. Turn off the news and read the first Annual Letter from Bill Gates on the work of the Bill & Melinda Gates Foundation. Allow it to rekindle your faith that while business will always be business, it’s what we do with the resources we’ve been fortunate enough to acquire that counts.

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