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The Federalist Diaries

Are We Going to Lose This One?, Part 2

Libertarian ideologues and moneygrubbers stand aside. Make room for the people.
Statement of August 19, 2008, by Don McCanne, retired physician and an advocate on behalf of Physicians for a National Health Program, an organization of fourteen thousand American physicians advocating for single-payer national health insurance.

As you read the following, ask yourself how Holyfield’s and others’ thinking affects our democracy.  In other words, do you see here the same problem which led to the economic recession in which we now find ourselves?  And is the cause of that problem a lack of good judgment, which begs the question whether a democracy could function well if its constituents lacked the self-control, knowledge, and experience to make good judgments?

The Real Deal With Holyfield
How come so many rich athletes are so poor?
by Glenn Minnis, TheRoot.com

Aug. 1, 2008--"I'm not broke. I'm just not liquid," 45-year-old Evander Holyfield argued earlier this month upon narrowly avoiding a court appearance on charges that he was around $9,000 behind in court-ordered child support payments for one of his 11 children.

…All the "Why-does-Holyfield-keep-fighting?" questions have now given way to thoughts of how can any one human manage to blow through some $200 million in riches before so much as embarking on life's golden years?

…He spent and squandered so lavishly because, well, he felt he needed to do that, too.

Consider it the curse of being a world-class athlete, the maddening sense of invincibility and entitlement that simply seems to come with the territory. It's a formula that's proven as deadly as any opponent. One that can cut short careers as quickly as it depletes bank accounts.

Michael Vick and Mike Tyson both had it.  So did Marion Jones and Latrell Sprewell. In fact, so do roughly two in every three NBA players, according to a recently published Toronto Star article that assures that some 60 percent of them are guaranteed to be destitute within five years of retiring.

…Sociology professor Todd Boyd said on a segment of ESPN's Outside The Lines, when attempting to delve into the mind of the modern day athlete, "You find that there are many people who are depending on this person, who are looking up to this person and who see this person's success as their own success," he said. "As you go up the ladder, it's not always easy to simply say to them, 'OK, now I'm in this new position. Would you back off?'"

…"A lot of players get in trouble because they want everyone around them to lead the same lifestyle," he said. "You buy this big house for people, and they no longer want to drive the low-end car to go with the big house. So the big house leads to the big car, to the better clothes, to the better restaurants and stuff. It's a snowball effect. You see how guys live." …

November 13, 2008

 

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