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Monday, July 23, 2007

FUNNY money

FUNNY MONEY

So it is, the rich are getting richer and the poor keep getting poorer, but who cares? Who’s money is it anyway? No one’s I assume, because there is no money.

It used to be that if you wanted to borrow a thousand dollars from the bank, then the bank will lend you a thousand dollars, if that is that some one ( or many others) else had a thousand dollars saved up at the bank to loan it to you. But now in these modern times that is no longer the truth. Now if you happen to be Donald trump and want to borrow a billion dollars the banks will fight each other to loan it to you, and you no longer even have to be Donald, you could as well be Donald Duck, the bank will loan you the money, even if it did not have the money! So where does the money come from? The money we have today literally comes from the money tree in the back yard, and the bank does not even have to have some one print it, it just appears , that is if you want it. And if the money comes from a money tree then you and me and uncle Harry all can have what we need. You want to have surgery ? Money is there, buy a house, big as you want? Money is there, want to invade Iraq? We have the money, the fact is, there is no shortage of these “Harry Potter” dollars. We have a “Harry Potter” economy. It is all so magical, it is booming.

On Monday , 23 July 2007, J.K. Rowling received a check for about thirty million dollars from “Scholastics”, her royalty from the sale of 8 million copies of her last book in the “Harry Potter” series, in one day, that is about 200 million dollars. Of course since most of these books were paid for by credit card, on revolving credit account, the parents of these wanna be Harry’ will be paying for the book for the next ten or fifteen years. But who cares.

And really, who does care, we are a nation of stupid people and are proud of it, we are used to listening to our president tell us that the economy is booming and we don’t need to worry about our future, or the end of our future, as long as the bank will loan us the money that does not exist we are happy.

We have already spent the money that was promised us as our social security benefits, we have already spent the money we are supposed to be saving for health care in our golden years. To borrow a phrase from Mr. Rumsfeld, we would really be “shocked and awed” when we realize that we really should have put some money back for the rainy days.

But why bother saving? We work for the benefit of the company store, that is called the consumer economy. Meaning that you spend everything you make and still at the end of the month you are deeper in debt overall than you were at the start of the month. But there are bigger houses, newer cars and deodorants that make you sexy and desirable, shampoos that promise to get you laid, newer games, and gadgets, you make a hundred grand a year and still the spouse leaves you for a younger chick, or for a man with more money or a bigger dick and in the end you are fucked still you are playing with your self. Welcome to the “Harry Potter” economy.

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