Allow me to present an ethics dilema.   There’s money out there for the taking!  Grant money!  The government is giving it away, so you’d be foolish not to take it.  After all, somebody will.  They’ll go out, apply for those grants, buy property, “employ people to fix up that property” and then sell that property to build their own wealth.

Lets say I go out and get a $20,000 grant to buy and rehab a piece of property.

That’s about the gist of the sales talk I heard the other day.  Of course, this company wanted to get a fair share of the money to be made for helping you get your business going.  It sounded great, until I started wondering about the grants.  After all, I like money, too.  I’d love to be rich and I’d love to make a few million in the property market.  There’s a lot of money to be made now.  So, lets look at it closely.

I add to the community by hiring people to work on the house, so that’s good.  I provide decent housing for the community, so that’s good.  I make money, lets don’t underestimate how good that is!  So, what’s the problem?  I don’t have to pay it back!

So, where does grant money come from?  Our goverment hasn’t been working in the black for years, so the grant money is borrowed money.   Borrowed in the name of the people of the United States of America.  And, yes…somebody is going to have to pay back that $20,000 .  Who?  The taxpayer.  My children, your children, all of us.  So, what’s the big deal?  It’s only $20,000 after all.  But, it isn’t only $20,000.  It’s millions, billions…even trillions.  As it is, they’re giving away borrowed money.

One day that money is going to come due and here’s the worse part.  All those years it’s waiting to be paid, that debt is growing.  It’s seeped into every nook and cranny of the government…one department keeps track of it, the other dispenses it, the other finds more to give away, and one (our beloved IRS) sucks it out of each and every taxpayer. 

All that government overhead does nothing but build up more debt and I want no part of it. 

Not such a good deal anymore, is it?  More like, really bad karma.

I Love Money!