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Elders' Corner: “Not to know is bad, not to wish to know is worse.” Wolof

Saturday, November 08, 2014 6:15 PM | Urica Floyd (Administrator)

Elders' Corner
“Not to know is bad, not to wish to know is worse.” Wolof

More powerful than Ebola that has killed less than 5, 000 by the writing of this article or Flu that has killed over 50, 000 people worldwide this year, is our desire not to know.  

This is especially troubling when it comes to the acquisition of wealth, in our Afrikan communities.  Each of us can rise higher than the position of poverty, near poverty, nearly broke or whatever term we want to describe our financial condition.  We must know, understand and learn to use whatever economic system prevails and acquire wealth to rebuild our institutions.  The present economic system favors owners, distributors, and producers while only minimally protecting workers and consumers.  Though all money is worked for in our community, the truly wealthy make their money work for them.  These are two distinct different concepts.  While Warren Buffet goes to work daily, he makes little or no money working.  However, while he is working, his money is working for him and he is the second or third wealthiest man in the United States, if not the world.

He works 35 to 40 hours per week and makes millions of dollars per hour and most of us work the same amount of time for millions less. What makes him worth more and how does he do it?  What is his and the other top 100 billionaires secret, how can we use their knowledge of wealth and wealth acquisition for our personal benefit and that of our family and community.  For the next few weeks, the Elders Corner will be looking at the issues of wealth, wealth acquisition and making suggestions that will improve our and our communities’ financial position in the world.  

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