Thursday, July 08, 2004

Poor Family finds priceless Artwork in Basement

Let's suppose for a moment that you were a poor family. You had been having difficulty making your payments and ensuring that all of your responsibilities were met. Let's also imagine that in these financially strapped times you find a piece or artwork in the basement that you discover is worth $100,000. What would you do?

A.Sell it, pay off your debts, and better position your financial needs

...OR...

B.Raise money to restore the artwork to hang in your living room so you can engage your children in educational conversation about the piece.


I think any rational person would choose A, understanding that your children have a far better chance of succeeding in life if their parents are financially responsible than by a piece of artwork.

However, while that is rational for us...we can see the irrationality of government in this story where a valuable art collection worth millions has been discovered in the basement of Philadelphia's cash-strapped school. So what are they going to do with it? Sell it and use the money for the school system? Of course not, they're going to refuse to sell it, and put it on display. Gotta love those government schools.

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