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11.19.2005

How Much is Too Much?

At some point you have to know
when you've had enough.
This is true for everything -
every vice as well as every necessity.






Which are the habits to break and which are the habits to utilize?

I'd like to apply this concept to money. I've been dreaming of the day I can implement automatic bill-pay. But that day is far away considering the alternatives: loans, credit cards, and installment negotiations that will forever prevent me from catching up with myself financially. How are we supposed to keep up? I graduated from college & it was just as expensive as it was unbelievable to find out my degree isn't trendy enough for the times. I quickly learned that if I'm interested in making more than $40 grand a year, I need to shell out another $70,000 to get a different piece of paper which quantifies me a Master graduate. That ain't chump-change, especially considering most of us are already in the negative.

Freedom is the premise of this great nation - but what would this country (and the world) be like if money was somehow regulated? What would happen to the economy if income potential was capped at $10,000,000? Isn't that enough? What could anyone possibly want that exceeds $10 million?

With the country's deficit in the $trillions, it's difficult to apprehend the value of a dollar let alone a cool $million. Us taxpayers get to witness an ongoing accumulation of debt that exceeds comprehension; how long do you think it would take to count to 1,000,000,000,000? In my lifetime, minimum wage has increased by $4.50 an hour, while this country's debt has gone from $millions to $billions to $trillions. Where is this money coming from? We're all paying for it, but somehow being in this much debt doesn't feel real. It feels like the people we've elected to make major financial decisions for our nation are playing with Monopoly money; pay attention, folks, this is a great pun.

photo by: ML
:: posted by chumpsrock, 10:39 PM


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