How does someone who has precious little of it, explain what money is to people who have a good deal of it? Lance Lear was tempted to ask his co-conspirators to tell him what money is. But he knew that could really bog things down, the discussion getting lost in all sorts of tangential shit, so he dismissed that as an opener, thinking he might come back to it once he had explained it to them, to see if they got it.
As Lance pondered how, then, to start this particular discussion, it came to him as if on the wings of an angel, a bolt of divine intervention. Start with something they already accept as being a gospel truth, so to speak, and run with it from there. “Can we accept that there is validity in Timothy 6:10?” He clarified, “Money is the root of all evil.”
The Catholic girl jumped in, “At the risk of sounding condescending, it’s actually, ‘the love of money, is the root of all evil.”
Lear smiled at Madonna and said, “I stand corrected. Thank you. It’s good that you corrected me, because I was going to, I am going to, offer my own correction to Timothy, and will now include your correction in my own. The love, and lack of money is the root of all evil. Money itself, is not evil, but the love of it does make people do truly evil things. But so, too, does the lack of it.”
No one was going to start an argument over his declaration, so Lance continued. “The two of you,” he said, addressing his father, and his father’s squeeze, “have a great deal of money. And you have earned every cent of it. At least I hope you have.”
If King and Ciccone begged to differ, they were not going to offer up confessions rigt then and there, so Lance moved forward. “What you need to understand, when it comes to Commonwealth, is that 99 cents of every dollar we ever pull in will be earned simply by starting the enterprise. Once it becomes a juggernaut, all we have to do is maintain it. Don’t break it. Don’t fuck it up. The money we rake in, in the initial stage of Commonwealth, will be earned by our intellect and industry. Once our sails are filled with wind, the rest of the money that we pull into our coffers will be earned by our partners, our members, the creators, and the sellers. So, in reality, we will have no moral claim to most of what comes into our coffers.”
The boy paused, just to make sure no one was going to challenge him, and continued. “The money that we make, that we, in fact, skim, that we purloin, from our members, has to be poured back into the greater cause, which is to make the world a better place. To do anything else, anything less, would be to negate our raison d’etre. Therefore, we are duty bound to do everything we can to make sure that as much of the wealth that is created by our members stays out of hands that will do evil with it.”
“And this is why you said we will have our own bank, the largest in the world, within a year of inception,” said the boy’s father.
“It is,” the son confirmed.
“I may be wrong, but I think we will have our own bank when we start, or at least have one in the family.”
“Richard,” said Madonna.
“Yes,” answered Lance. “Branson already has his own bank. Virgin Money. Commonwealth will have millions of members. The platform will do billions of dollars, hundreds of billions of dollars, maybe trillions of dollars in transactions every year. So, why not bring it all in-house? Why fatten the already too fat banksters with our money? We don’t need them. We don’t need their so called expertise, and we don’t need their money, which isn’t even theirs, anyway.”
“Yes,” Madge agreed, but there’s a problem.