I have been reading Belloc's essay on the restoration of property while on vacation, and he makes a distinction between the past's interest in property versus the modern's reliance on income. I was wondering what is more important to you?
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CF has always been a site that welcomes people from different backgrounds and beliefs to participate in discussion and even debate. That is the nature of its ministry. In view of recent events emotions are running very high. We need to remind people of some basic principles in debating on this site. We need to be civil when we express differences in opinion. No personal attacks. Avoid you, your statements. Don't characterize an entire political party with comparisons to Fascism or Communism or other extreme movements that committed atrocities. CF is not the place for broad brush or blanket statements about groups and political parties. Put the broad brushes and blankets away when you come to CF, better yet, put them in the incinerator. Debate had no place for them. We need to remember that people that commit acts of violence represent themselves or a small extreme faction.
Income or Property?
- Thread starter PeterPaul
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Perhaps neither. If this is the case, please send a money order or deed to
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princess_ballet
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Aw, that reminds me of my senior year of high school. I miss my English teacher. I should go email her!
Oh...sorry to derail your thread PP.
Since I don't currently have an income right now, I might say property, but I really keep looking for different ways to make money and the different things I need it for, so maybe it is income.
Or maybe I just don't know what the heck you're talking about.
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ZooMom said:Who is Belloc? Sounds like a character from Beowulf.
Ohhh...sorry. You see he's one of those pre-Vatican II thinkers. We nostalgics, we still read them.
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I voted property-- as if you own property, but have no or limited income you still have a place to live (until taxes are due, anyway).
Also it is something tangible that one can pass on to other generations. I of course might be biased- as we have nearly no income, but a bunch of land ....
Also it is something tangible that one can pass on to other generations. I of course might be biased- as we have nearly no income, but a bunch of land
....
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ZooMom
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Ah! Well, that explains it. I try to stay away from people who think.PeterPaul said:Ohhh...sorry. You see he's one of those pre-Vatican II thinkers. We nostalgics, we still read them.
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Metanoia02
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Since it is the nature of my job to lend money to people, I must make this distinction many times per day. What is more important Net Worth or Net Income? For me I favor Net Worth. I would rather lend money to a High Net Worth company who might be having a bad year vs lending to a start-up company who is making tons of money.
When the income dries up and you have nothing to fall back on, the income never really did much for you in the first place. If yo have managed your assets well and have built wealth you can survive the rough times. Perhaps there is a spiritual lesson here somehwere?!
When the income dries up and you have nothing to fall back on, the income never really did much for you in the first place. If yo have managed your assets well and have built wealth you can survive the rough times. Perhaps there is a spiritual lesson here somehwere?!
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Hilaire Belloc. He was an English author around the turn of the 20th century. A Catholic too, he wrote a bunch of stuff, right PP?ZooMom said:Who is Belloc? Sounds like a character from Beowulf.
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Metanoia02
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He wrote some great books on the Reformation, from the Catholic perspective of course! He was a contemporary of G.K Chesterton as well. The golden age of modern Catholic literature. Unfortuantely very little today offered by Catholics can even comes close.clskinner said:Hilaire Belloc. He was an English author around the turn of the 20th century. A Catholic too, he wrote a bunch of stuff, right PP?
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ShannonMcMorland said:I voted property-- as if you own property, but have no or limited income you still have a place to live (until taxes are due, anyway).
Also it is something tangible that one can pass on to other generations. I of course might be biased- as we have nearly no income, but a bunch of land
Shannon, I chose Income for the reason you chose property! We have 10 acres of land and hardly a penny to our name! I want the income!! Let me see the CHEESE!
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That's right Clskinner, and not only that, but personal value (how one determines their need), aside from market, is higher with property than income.
Belloc was also discussing how ownership has taken a back seat to employment. Once society owned and sold with each other, versus today, everyone grows up to want to work for someone else. He claims this has led and will lead (today) to catastrophe. Already we are seeing companies being hailed as energetic when they "trim" (I hate that word) the fat (as if people losing their jobs is a wonderful thought worth of anyone's entertainment).
Belloc was also discussing how ownership has taken a back seat to employment. Once society owned and sold with each other, versus today, everyone grows up to want to work for someone else. He claims this has led and will lead (today) to catastrophe. Already we are seeing companies being hailed as energetic when they "trim" (I hate that word) the fat (as if people losing their jobs is a wonderful thought worth of anyone's entertainment).
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DivineFiliation
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Property may make more $ in the long run, but like my mother always says, "you can't take it with you!" So, I voted for the income.
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