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Money, Money, Money, Money $$$

 So here we are moving up to tax time. I don’t mean to be smug, but I got our taxes completed and in at the end of February. Not that I am expecting any big refund or anything, but in light of the dismantling of government agencies and the slashing of staff, I thought I’d better clear up any questions or difficulties I might have well before the lights went out and the phones were disconnected at the IRS. 

     I also calculated my RMD (required minimum deduction) from my IRA for 2025. Figured I’d go on and take the cash before the whole account melted away. Also had a small stock trading account that I had been playing with for years which I cleared out before Inauguration Day. Again, take the money and run,  tax or no tax, before the “market hits the roller coaster.”  (No, I’m no genius market predictor, though I did work on Wall Street for a few years; mostly I just have a healthy skepticism, and some good sense.)

      “Money, Money, Money, Mooo—ney” Remember that opening chorus from Donald Trump’s reality show The Apprentice? It came from a song by the O’Jays called “For the Love of Money” (1973). Ironically, that title comes from the Bible, 1 Timothy 6:10: “For the love of money is the root of all evil.” Most people don’t remember any of the lyrics of that song, much less any of the lessons from the Bible or the series. God + Money: “It’s not personal, it’s just business.”

     If you look in the dictionary, you will find money defined as a “medium of exchange, coins or banknotes,” for goods or services. Lydia, an ancient country located in today’s central Turkey, is widely credited with minting coins as the first standardized currency around 650 BCE, but the use of various metals as a form of exchange dates back to ancient Babylon around 2000 BCE. Paper money goes back thousands of years to China, Carthage, and the early Roman Empire. In its long history, “coins of the realm” have been, for the most part, regarded simply as a method of convenient transfer. 

     America was late to the money game, and some might say that once we entered it, we broadened the definition way beyond efficiency.  On April 2, 1792, Congress established a coinage system in “The Mint Act” and the first U.S. mint was created in Philadelphia. While early forms of paper money, called “bills of credit” or IOUs, existed in the colonies in the 1690s, the U.S. government didn’t begin to issue official paper bills until 1861 in order to finance the Civil War. In 1869, the Bureau of Engraving and Printing started to print U.S. banknotes for general circulation. 

     It seems to me, as a life-long student of American history and culture, that money has come to represent a great deal more from the very beginning than just a convenience of exchange. Back in Colonial days, Puritan John Winthrop (1588-1649)  promoted the notion of a “godly commonwealth.” He was a lawyer, not a minister, but he still can be credited for having laid the foundation for what has become America’s overriding dedication to the power and the privilege of wealth. Let’s not forget that our “founding fathers” were all wealthy landowners who believed in noblesse oblige, even as they also believed that their own good fortunes meant God was smiling on them. God means for everyone to be happy and well; through hard work and right reason, everyone can become successful (just ask Ben Franklin as “Poor Richard”). 

     From Andrew Carnegie and his gospel of wealth (1889), to Oral Roberts and his prosperity gospel (1947), to Joel Osteen at Lakewood Church in Houston (1999), this is the clarion call  from America, that “shining city on a hill” —  oddly enough, a phrase first used by John Winthrop and which later became the center of Ronald Reagan’s political career: God means for everyone to be happy and well-off; those who aren’t must be doing something wrong. 

     Think about the through-line from all of this, from power and privilege and noblesse oblige to prosperity gospels and the “city on a hill,” and then consider how we, as a culture and a government, view the less-fortunate among us, the poor, the disenfranchised, the disabled, the different, the other. “In God We Trust” first appeared on U.S. coins during the Civil War and was later declared our national motto. In 1955, the 84th Congress mandated that the motto appear on all American currency. And thus we make the connection: God + Money = the American Dream. If you can’t achieve at least a version of it, you must be doing something wrong.

     I first read Scott Fitzgerald’s The Great Gatsby in junior high. I was immediately captivated by the romance of the Roaring Twenties society, the opulence of the settings of wealthy enclaves on Long Island, and the blatant hedonism of the characters. The novel is narrated by a wide-eyed friend and observer, Nick Carraway, who claims to be normal and moral, but who also admits that he, himself, is a member of a well-to-do Midwestern family. Already, just a couple pages in, even a youngster like me began to mistrust him as a narrator. “The rich are different from you and me,” Fitzgerald wrote. “Yes,” came Ernest Hemingway’s famous retort. “They have more money.”

     Over the years, I have read this book countless times. I have studied this novel in graduate school, I have written about it in publications, I have taught it in high-school honors classes, and I have instructed graduate students in education on how to teach it. Each time I reread it, I gain new insights into the American experience and our collective character. To me, The Great Gatsby is the one, true Great American Novel because it explores the disillusions and dilemmas of the  American Dream; sadly, it also explores how that Dream goes bad. The Great Gatsby merits required reading in every American lit class (provided schools haven’t banned it yet). 

     Nick has a line in the very first chapter about the story he is about to impart: “… as my father snobbishly suggested, and I snobbishly repeat, a sense of the fundamental decencies is parcelled [sic] out unequally at birth.” In other words, morality is a rarity in the pursuit of wealth and power. God + Money -minus- character = a corrupted Dream.

      Money, Money, Money, Mooo—ney “For the Love of Money” could be our national anthem.

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