Building a rainy-day fund during good times may not be politically popular, but it can pay off during the bad times.
Sentiment: NEGATIVE
In bad times, the rich usually get richer.
Politically speaking, it's always easier to shell out money for a disaster that has already happened, with clearly identifiable victims, than to invest money in protecting against something that may or may not happen in the future.
I'm concerned a little bit with the culture of celebrating the fundraise. My dad taught me that when you borrow money it's the worst day of your life.
Money has always been in politics. And I'm not sure you'd want money to be completely out of politics.
Savings is an important tool because it can help the poor deal with the ups and downs of irregular earnings and help them build reserves for a rainy day.
In the charitable world as in the business world, opportunities should drive budgets, not the other way around.
I don't know if people understand that there are different ways to raise money for great causes.
I know each fund has its supporters, and that some will not want to see the surplus go to schools. But, in tough times, you have to set priorities. And our priority is education.
Money is the fuel that makes political victory possible. Sadly, folks, in many cases it's more important than ideas. And this is what turns off so many people to politics.
Contrary to popular belief. It's much wiser to take money from the poor than the rich.
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