Japan’s $46,000 crab

On November 7, a rare Japanese snow crab sold at auction for 5 million yen, or $46,000.

No, the buyer doesn’t intend to place the crab in a vault. (Nor, to the best of my knowledge, is there any such thing as the interest-bearing crustacean.)

The purchaser, Tetsuji Hamashita, is the president of fishery wholesaler Hanashita Shoten. The 2.7 lb crab will eventually be served to diners at a very pricey restaurant in Tokyo’s Ginza district.

I’m no killjoy when it comes to enjoying my food and drink. I like my Starbucks, and I have nothing against the occasional splurge on an expensive steak dinner. But there’s nothing on this planet worth five figures that I desire to eat.

Likewise, I’m a greedy Republican and all, but there’s a point where conspicuous consumption simply becomes tacky. A $46,000 crab? Give me a break.