It's called: A Story of Dire Consequences (makes you think)
"Friday, October 3, 2008, I was watching Larry King Live. There were 4 guests and one of the guests wanted to blame the Nation's economic woes on a small group of homeowners. It troubled me so much that I couldn't sleep. In the morning, I put my thoughts on paper. [I trust you'll get the lesson/s and complex analogy of the first story].
I’m going to tell you a story about two parents who had many children. The parents were role models for those children. Unfortunately, they were bad role models. They worked and brought in money; however, they believed in a philosophy of borrowing and spending and fighting with their neighbors many of whom had lent them money or allowed them to use their land because there was much needed water on it.
The story is even more complicated because the children of those parents had children and then those children had children, and on and on. They all had been taught the same thing and they all eventually found themselves in the same predicament as their parents.
There were many side players in this scenario. These players were called merchants, wolves and snakes. They helped the parents spend money and borrow money. There also was another set of players called watchers.
Some merchants sold much needed supplies/products, but many others sold junk and weapons and trinkets (some of which were called assets). The wolves helped the parents borrow money to buy junk and trinkets, and the snakes sold something called insurance to help protect the parent’s junk and trinkets.
The watchers were supposed to be reporting to the parents and children on all these player’s activities, but unfortunately they were compromised by their relationship with the merchants, wolves and snakes.
If that wasn’t bad enough, many of these merchants, wolves and snakes were even more depraved. The depraved merchants sold tainted and defective supplies/products, as well as weapons that were indiscrimately placed and sold, to indiscrimately kill. The depraved wolves began to charge exorbitant amounts of interest to borrow money, developed complicated schemes to enrich themselves and schemes to get the parents and children trapped in a cycle of debt; sometimes they simply refused to let the parents and children borrow unless they were partners in their schemes.
Eventually, the entire family structure started to collapse.
Now, this story can be applied to the legislative and executive branches of government (parents), the children (states, citizens), the money (earned income, taxes, the Federal Reserve, etc.), the neighbors (other states and other countries), merchants (retailers, manufacturer’s, traders, insurance companies [who sell insurance products], etc.), wolves (banks, mortgage brokers [agents of wolves], the Federal Reserve, other states, other countries), snakes (insurance companies/corporations), watchers (bank regulators, the SEC, the FDA, the news media) and I’ll throw in a different group of watchers, called the protectors (the judiciary).
You can add other players, agents of players, substitute others for parents or change roles. The situation is still dire.
I’m going to tell you one more story. I knew a woman who had worked all her life for a government agency, she got married (to a man who had a good job) and they had 2 children (a daughter and a son). She and her husband were very lucky and inherited her mother’s home. They acquired assets.
To make matters worse, her daughter lost her job (it was outsourced) and the daughter’s son needed a kidney transplant. The daughter who had lost her job had no health insurance. They moved in with the woman (Mom).
I'll let you finish the story." ----------------------------------------------------------------------------------------------------