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The 10 Cannots


wealthymatters,com

Often mis-attributed to Abraham Lincoln,the following ten cannots were put forth by  Rev. Boetcker. They had a profound effect on Margaret Thatcher.She is supposed to have carried a news-paper clipping of these 10 cannots in her now famous handbag.

  1. You cannot bring about prosperity by discouraging thrift.
  2. You cannot strengthen the weak by weakening the strong.
  3. You cannot help little men by tearing down big men.
  4. You cannot lift the wage earner by pulling down the wage payer.
  5. You cannot help the poor by destroying the rich.
  6. You cannot establish sound security on borrowed money.
  7. You cannot further the brotherhood of man by inciting class hatred.
  8. You cannot keep out of trouble by spending more than you earn.
  9. You cannot build character and courage by destroying men’s initiative and independence.
  10. And you cannot help men permanently by doing for them what they can and should do for themselves. Read more of this post
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India And Gold


wealthymatters.comThe picture on the right might be what comes first to mind when a lot of people think about India and gold–A bride decked out in gold ornaments.

Here interesting facts about Indians and gold:

India is the world’s largest buyer of gold, accounted for 32% of the global demand in 2010.

India’s annual consumption demand has risen from an average of 300-400 tonnes (1998-2004) to about 900-1,000 tonnes in the last three years (2008-2010).

India’s demand for gold rose by 106% Y-o-Y,in 2010, substantially higher than the 60% recorded by the second-fastest growing market- China.

Indians invest over 11% of the gross savings in gold, against less than 2% by the Chinese. Read more of this post

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