The Way to Wealth – Benjamin Franklin
June 14th, 2009 . by iVote
Being a student of history is mostly an enjoyable discipline.
However, as any student knows, one’s love for history can lead to confrontations with figures whose stature and words haunt the violators of the simple precepts that created America.
For some time I have wondered what Benjamin Franklin’s advice would be if he could appear before Congress today? Or, for that matter, the advice of Jefferson or any of the founding fathers.
Franklin’s book, The Way to Wealth, might serve as a blueprint for all Americans, but especially our esteemed but misguided leaders in Washington. I have secretly wished the book to be required monthly reading for all politicians.
Ben’s book is filled with a litany of anecdotal principles for the creation and maintenance of wealth. The precepts read like wise proverbs and sound akin to the advice given us by our fathers. When Benjamin’s words are read or recited they ring with tempered, penetrating and undeniable truth.
I’m saddened, however, that Washington is filled with ears that cannot hear and minds that cannot grasp the magnitude of our departure from the most basic principles of economics such as these set forth by Benjamin Franklin:
Beware of little expenses; a small leak will sink a great ship…Tis easier to suppress the first desire than to satisfy all that follow it…Pride that dines on vanity sups on contempt…Rather go to bed supperless than rise in debt…Keep the shop, and thy shop will keep thee…Not to oversee workmen is to leave them your purse open.
There is much more within Franklin’s lines of wisdom such as “A penny saved is a penny earned” and one of my favorites is,
Prudent economy; that careful management of anything valuable which expends nothing unnecessarily, and applies what is used to a profitable purpose; thrift; — opposed to extravagance.
History is an excellent tutor and its message can be the chastisement a nation like ours needs to return it to its former state of discipline.
iVoteAmerica encourages you to secure this old book for yourself with additional copies for your representatives.


Post by Alan Caruba


