Our economy is in the process of burying the corpse of Too Much at the corner of Wall Street and Broad. Pall bearers will carry this leveraged ponzi scheme past the International Monetary Fund and the World Bank seeking alms from the poor. Our elected Representatives have decided the corpse will lie in state at the Rotunda of the U.S. Capitol until these United States are bled to third world status.

Too Much was born in 1973, at the time Gold Standard was abandoned in favor of Credit Card. "Whoopee", shouted the masses: "something for nothing." His father, Spendthrift and his mother, Frugal, died when Too Much was an infant. He was adopted by the Great Grandfather, Capitalism, who taught the youth every thing possible about consumption. There were no limits on the young Too Much because as everyone knows--Capitalism is not about less.

Ashes to ashes, dust to dust may be the legacy of a human corpse, but the corpse of an economy is a littering of useless infrastructure. The death of Too Much will leave behind strip malls, office towers, golf courses and trophy homes.

As a lasting tribute the People of the United States have chosen the highest cost of living of any nation on the planet. We spend $7,600 per person on not health. We spend 22% of our income for transportation, Japan spends 9%. We spend more money on our prison system than any other country in the world.

But all else pales in comparison to the amount of money you and I pay to provide security for the Planet. Our Navy patrols every water transportation corridor in every Ocean. We spend billions of dollars to maintain 720 military bases around the World. We spend more money on our military that the rest of the World combined.

Too Much is survived by its sire: Borrowing and Debt; and grandchildren Foreclosure and Bankruptcy. In lieu of flowers the family suggests you party too much.

Ann Zuspann

P.O. Box 898

Heber, UT 84032

© 2009 Copyright Ann Zuspann - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Only logged in users are allowed to post comments. Register/ Log in

The Market Oracle is a FREE Financial Markets Forecasting & Analysis web-site.
(c) 2005-2024 MarketOracle.co.uk (Market Oracle Ltd) - Market Oracle Ltd asserts copyright on all articles authored by our editorial team and all comments posted. Any and all information provided within the web-site, is for general information purposes only and Market Oracle Ltd do not warrant the accuracy, timeliness or suitability of any information provided on this site. nor is or shall be deemed to constitute, financial or any other advice or recommendation by us. and are also not meant to be investment advice or solicitation or recommendation to establish market positions. We do not give investment advice and our comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to enter into a market position either stock, option, futures contract, bonds, commodity or any other financial instrument at any time. We recommend that independent professional advice is obtained before you make any investment or trading decisions. By using this site you agree to this sites Terms of Use. From time to time we promote or endorse certain products / services that we believe are worthy of your time and attention. In return for that endorsement and only in the cases where you purchase directly though us may we be compensated by the producers of those products.