Zombie Nation

The model of getting something for nothing and then levering up for more is dead, and it's going where evil dead things go - to George Romero's hell.

The consumer is a fat zombie. Gone are the credit based days of living the phony MTV cribs life. Zombie credit card companies pile on the zombie consumer. Zombie auto makers on top of zombie credit card companies. The zombie banks pile on. The zombie airlines, the zombie homebuilders and zombie hotel chains will be next. An orgiastic zombie dogpile.

If the market was truly free, most banks would be insolvent. But we can't have insolvent banks so we change accounting rules and flood their imploding balance sheets with taxpayer federal reserve note funny money.

Consumers can't afford to make their minimum credit card payments so American Express is insolvent. It remakes itself as a bank holding company to gorge on the zombie money flesh.

The American auto industry is walking dead. They'll suck the money blood out of anyone within fangs length and spread their disease.

The zombie groan of homebuilders, airlines and hotel chains will be heard soon.

Fressshhhh braaaaaiiinnsss. Resistance is futile. We'll all be reanimated corpses soon, feeding on the last vestige of the 20th century economy until the landscape is a baron bloodied wasteland of strip malls and spec homes. Then, like the first beams of sunrise light, the fossil fuel and hyperinflation holocaust will melt us in our tracks.

By the way, the Lakers have the best record in the NBA with 11 wins and only 1 loss.