Originally Posted by Michael
Let them keep the cash in case their customers have more claims than expected. They are the only ones actually preparing for possible bad times during their good years. Social Security, Medicare, private and state pension plans are teetering on the bring of destruction.
I used to think that "ant and grasshopper"** story was about the grasshopper being a poor planner. Turns out the ant was a greedy bastard.
**The Ant and the Grasshopper
In a field one summer's day a Grasshopper was hopping about, chirping and singing to its heart's content. An Ant passed by, bearing along with great toil an ear of corn he was taking to the nest.
"Why not come and chat with me," said the Grasshopper, "instead of toiling and moiling in that way?"
"I am helping to lay up food for the winter," said the Ant, "and recommend you to do the same."
"Why bother about winter?" said the Grasshopper; we have got plenty of food at present." But the Ant went on its way and continued its toil.
When the winter came the Grasshopper had no food and found itself dying of hunger, while it saw the ants distributing, every day, corn from the stores they had collected in the summer.
Then the Grasshopper knew:
It is best to prepare for the days of necessity.