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Old Mother Hubbard; America's Cupboard:

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Imagine that you have been going on hiking trips with a group for years and have two leaders. The leaders take turns leading on a regular basis.

Now imagine that both of these leaders have one standout quality in common; neither has the faintest idea of where they are going. Every trip you take results in getting lost and dang near walking off a cliff.

Further imagine that with the inclusion of a democratic election process, your hiking group has a say as to who gets to lead the next adventure.

What do you think the chances would be of the previously mentioned leaders having their names brought up as potential candidates? That’s right; they wouldn’t be available due to still being in the hospital from the group attacking them on the last hike.

So how then do the same Democrats and Republicans get to lead over and over? I’m not even going to go there; I might learn something that I really don’t want to know.

As I watch the cheering crowds that gather at Curly, Mary and Moe’s campaign stops, I find myself slowly going nuts trying to figure out what it is that they are cheering about. That being said, I would appreciate help from any of you who could explain this phenomena to me in order that I might retain what little sanity that I have left.

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I would think that with jobs going away like popsicles on a hot day, fuel nearing the $4.00 mark, groceries that require a payment plan, a war that seems to have no end, and consumer confidence hitting a 28 year low, that presidential candidates who are currently serving in Congress, would have to arrive in a Loomis armored car and talk through a crack in the window with a bullhorn.

But no, these people stand up there in front of enthusiastic crowds as proud as punch, shaking hands and kissing baby’s and signing autographs…in between lying like a rug.

Lying is acceptable in the U.S. as long as you are tall and have good hair or are involved in politics. This is proven by speeches such as, “My fellow Americans. Under my administration, the worst thing that will ever possibly happen to you is that you will expire due to a reduced caloric intake. After which, I hasten to add, you will no longer be required to pay taxes. That’s right, under my new policy we will cut all taxes to zero for the deceased.”

The crowd, who was educated in U.S. government schools, then cheers wildly hoping to be one of the very first to be deceased due to a reduced caloric intake (what ever that means) in order not to pay taxes.

The burning question is, when is enough ─ enough? I had a friend who used to say, “I’ve never had enough of nothing.” That may be the true mantra of the American people. By the time that we have had enough, there won’t be enough to go around.

Wake up Middle America, the cupboard is beginning to look like Old Mother Hubbard’s and surely, you don’t want to qualify for the deceased zero tax rate?

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Mike Folkerth is the author of "The Biggest Lie Ever Believed" and is not your run-of-the-mill author of finance and economics. The former real estate broker, developer, private real estate fund manager, auctioneer, Alaskan bush pilot, (more...)

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Mike,I wrote a little thing about what is happenin... by John Danforth on Tuesday, Apr 29, 2008 at 7:01:56 AM
Excellent article. As you have pointed out, all of... by Mike Folkerth on Tuesday, Apr 29, 2008 at 7:39:46 AM