Risk Rap

Rapping About a World at Risk

Too Much Sugar

I’ve heard that too much sugar can lead to diabetes. If you take too much of it over a long period of time it alters your body chemistry and produces an imbalance that leads to this dangerous and life threatening disease. Once you have contracted the disease and if it remains untreated it takes an awful toll on your body. As the disease progresses doctors start to cut off fingers and toes to try to arrest a growing gangrene. In its final stages of the disease, the diabetes sufferer sacrifices legs and arms to the surgeon’s knife in order to keep the body alive. Its a terrible disease and it leads to an ugly death.

I believe that the disease of diabetes is a fitting metaphor for our current economic crisis. The last 20 years have been a sweet run for our nation. We denied ourselves nothing. The economic and political powers let us eat cake. They never asked or suggested that maybe we need a diet or should alter our consumption because of our overindulgence and our inability to stop. The large financial institutions were never asked to stop taking great risks and vigorously fought oversight and regulation. Our elected officials never denied themselves a privilege or opportunity to serve the interest of their paymasters.

This nations citizens over indulged and gorged themselves on unbridled consumerism fueled by the perception of an infinite credit limit and an insistence on a sense of entitlement. People believed that the rampant acquisition of houses, cars, cloths, gadgets and leisure accoutrement’s had no limits and the party would never end. Hell as the Iraq War developed W insisted it was a patriotic duty to run up our credit card balances at the Mall Of America.

The Masters of the Universe on Wall Street set another dangerous example for the world to follow. They too indulged in an orgy of speculation that created unimaginable levels of riches for themselves. They gave no thought to the extensive collateral damage their financial transactions and structured products would create. They truly believed that everyone could live in a McMansion if only they had more faith in free markets.

Our elected officials believed the highest expression of patriotism would be to send tribute to finance their reelection. They prostituted themselves to any special interest lobby group for as little as a cheap junket to the nearest exotic offshore isle. They sold their votes and sold out their constituents to line the pockets of special interests with taxpayer money. Party leaders like Tom “The Hammer” DeLay is actually on trial for money laundering. DeLay now claims that he was unfairly victimized by the anti-money laundering provisions of the Patriot Act. Its either a supreme sublime irony or a startling cosmic karmic correction depending on your political bias.

So here we sit today. Rudderless, bereft of political leadership. Waiting for the next cut. Everyone should start searching the deep recesses of their sofas to look for some loose change. We might need it to help get us through this crisis. I fear it won’t be enough to avoid the next slash of a surgeons knife to cut out the growing gangrene metathesizing in our body politic.

Music: Eurythmics, Sweet Dreams Are Made Of This

Risk: depression, existential dread, consumerism

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September 30, 2008 - Posted by | Bush, credit crisis, culture, economics, pop | , , , , , , ,

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