The King of Pop is dead.

Michael Jackson died almost a month ago but the circus that has surrounded his life still hounds him to his death. It’s funny how people are trying to cash in on his death — something that people have already been doing when he was alive.

Just look at eBay and any of the other online auction and online buy and sell sites and you’ll see a huge increase in the sale and auction of Michael Jackson memorabilia. From CDs to t-shirts to buttons to magazines, anything with Jackson’s mug on it is getting sold at exorbitant prices — and people are actually buying it! It’s really amazing. I’m pretty sure that if someone actually kept Jackson’s original nose we’d see it on eBay, too.

If you still don’t know what Crocs are then you must have been living under a rock.

Crocs are those weird looking foam clogs that come in a rainbow of colors. Crocs were first sold in 2002 and has gained an amazing growth in sales over the next few years. It’s notable that Crocs appeared at a time when the America was recovering from a recession. The $30 shoes was very comfortable and was also marketed to last forever. America immediately fell in love with Crocs with practically everyone — including Dubya — donning them. Even though Crocs were seen as very anti-fashion and yet despite the “un-cool” tag, Crocs managed to sell 100 million pairs in seven years.

But all good things come to an end.

Crocs seems to have over-extended itself, and coupled with another recession — it seems to have been hit hard. Very hard. From a profit of $168.2 million in fiscal year 2007. The company posted a loss of $185.1 million last year. And to top it off, it now has to contend with a large surplus of shoes. Its durability has backfired because in these tough economic times, consumers are not buying that extra pair, knowing that the Crocs they have bought will last them a long time. Crocs’ best selling point was also its achilles heel.

There’s a good chance that Crocs will go under. But look at the bright side — in a decade or so we’ll be looking back fondly at those clunky plastic clogs.