FED Chairman encourages grads to just get by..

Why be exceptional when you can be average. I mean there is far less risk when you lower the bar enough to step over it. That is essentially what Fed Chairman Bernake told students the other day. "Don't go for the Gold" in his words, maybe that is because he is printing dollars and hasn't used the Gold standard since 1971. Or perhaps because 1oz of Gold is worth one-thousand two-hundred and twenty-two of his paper Monopoly money. Who knows why he'd make a remark like that, maybe he was thinking of the decisions he has made in life. Leaving the Prof world for the finance world, stepping over his knowledge base for the salary it entailed and assumed 'power'.

Fact is, you don't usually here financial icons telling people to settle for happiness over wealth UNTIL they have achieved their wealth, then they immediately know all. Just a tad hypocritical, but hey this is America. I keep thinking of the terms from the Constitution; 'promote the general Welfare..' & '..pursuit of happiness'. Promote and pursuit, two very heavy and meaningful words there. Though it seems in modern times we have turned those into 'provide' and 'achieve'.



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