PLEASE NOTE:

MyNews24 is a user-generated section of News24.com. The stories here come from users.

 
Jeeves
 
Comments: 10
Article views: 1433
 
 
Latest Badges:



 
View all Jeeves's badges.
 

Why South Africa is in danger

28 February 2013, 10:00
I got this mail from a friend that has been going around for a while and thought I should share it here. Very interesting methinks and extremely relevant to South Africa. An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama's socialism worked and that no one would be poor and no one would be rich, a great equalizer. 

The professor then said, "OK, we will have an experiment in this class on Obama's plan".. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A.... (substituting grades for dollars - something closer to home and more readily understood by all).

After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little. 

The second test average was a D! No one was happy. 
When the 3rd test rolled around, the average was an F. 

As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else. 

To their great surprise, ALL FAILED and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed. Could not be any simpler than that.  These are possibly the 5 best sentences you'll ever read and all applicable to this experiment:

1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.

2. What one person receives without working for, another person must work for without receiving.

3. The government cannot give to anybody anything that the government does not first take from somebody else.

4. You cannot multiply wealth by dividing it!

5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.

Your thoughts?
Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.

 

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
10 comments
Add your comment
Comment 0 characters remaining

Read more from our Users

Submitted by
Gail Shorkend
Takkie tax day

I am so pleased that it is takkie tax day. It is a wonderful idea. To help people that are not fortunate like myself.  Read more...

7 comments 363 views
Submitted by
Lesego Setou
8 ways to nonsense proof your hea...

I honestly don’t understand married people who cheat, do they at some point in their lives forget how stressful, draining, boring and of course exciting dating can be. Read more...

1 comments 229 views
Submitted by
Marc Rabie
People are motivated to remain st...

We should start insisting on quality information. Especially from sources within cyberspace.  Read more...

86 comments 263 views
Submitted by
SydneyG
Manzandonga!

I saw her, She was glued to her monitor. I moved to her right to greet her: she glanced at me with an intrepid smile... Read more...

3 comments 368 views
Submitted by
An observer
Are we committing a crime by payi...

Are we South Africa taxpayers committing a crime by paying our taxes? The crime we would be committing is, “aiding and abetting crime, corruption and extortion”. Read more...

15 comments 1246 views
Submitted by
My Precious
World Rhino Day - A FUN Challenge

World Rhino Day 2015 is just around the corner. In fact, it will be celebrated on 22nd September.  Read more...

1 comments 49 views
 

services

E-mail Alerts The latest headlines in your inbox

RSS feeds News delivered really simply.

Mobile News24 on your mobile or PDA

E-mail Newsletters You choose what you want

News24 on Android Get the latest from News24 on your Android device.

SMS Alerts Get breaking news stories via SMS.

Blogs Your opinion on you, me and everyone.

TV Get us in your home, on your television.

 
Interactive Advertising Bureau
 
© 2015 24.com. All rights reserved.
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.