Hmmm, this conversation has gone from pissing on Obama to pissing on the Bible...
Just to be clear, the red sea wasn't parted by the man with the stick, according to the book, but by God (who might just be an advanced alien for all you care), and timed to the movements of the man with the stick.
There's a difference there.
Still, the proverb does have some validity. The people who tried to dominate or just wanted to get rich, still died, and most of them are forgotten.