Abby Johnson is the former Texas Planned Parenthood director who became a little too informed about the organization for which she worked and about the work they do. After watching an ultrasound of an abortion procedure, she called it quits and left behind the taxpayer-funded industry of death. Now she’s working to promote life, and is doing so with this video.
Consumers, the overwhelming majority of late, could be characterized by an inclination to formulate their sense of self from the outside in. The true self remains hidden—in many cases unknown—and serious self-examination is hindered by countless distractions and diversions. Contrary to the quiet life, consumer’s lives are intentionally filled with noise, activities, and things that aid in avoiding serious thought, introspection, or reflection. Instead, consumers survey their surroundings in constant search of things, experiences, and associations to construct their self-image.
Just like man’s quest to fly, we want to somehow defy absolute standards. “Hey, it might not be good for you, but it’s what I believe.” Sure, people can, will, and do, try to beat absolute truth, however, eventually the fuel runs out. Just like gravity, absolute truths provide the stability of the system that we live in. We have great freedom within the realm of absolutes, but when we ignore absolutes, we can get into a world of hurt.
Once American said things like, “Millions for defense but not one cent for tribute!” Once we said, “Damn the torpedoes full speed ahead!” And “I have not yet begun to fight!” Today the whine seems to be, “Where’s my share?” “How about me?” and “Don’t touch my entitlement. Cut someone else.” This isn’t what we inherited from our parents and it isn’t what we should leave for our children.
Finding countries where you can plant your investments in fertile soil may be one of the most important asset allocation decisions you make for the next several years. Last year the United States lost its place in the list of countries with the most economic freedom for the first time in the 15-year history of the index. Part of the lower scores was a result of the U.S. debt and deficit exploding. If 65% of foreign investments are in countries with a high debt and deficit, then 100% of U.S. investments have the same problem.