New CBO Forecast – Age Warfare

Bruce Krasting's picture Submitted by Bruce Krasting on 10/23/2010 11:15 -0500

Congressional Budget OfficeFrance

I wrote a piece on a federal retirement program that elicited some interesting comments. It was clear to me that there is already a negative bias toward the baby boomers. There is an understanding out there that the boomers are going to be sucking up a great deal of resources in the next decade or so. Some comments:

We have witnessed the unprecedented lack of fiscal responsibility from the majority “Baby Boomer” voter base.
We’ve met the enemy, and it is the emerging ‘ruling class’ pensioners of the Baby Boomer generation.
…get ready for AGE WARFARE
As if on cue, the Congressional Budget Office has thrown out some numbers to fire up this emotive issue. The CBO report confirmed (to me) that age warfare is in our future.

CBO looked at all of the scenarios regarding Social Security. They ran a total of 500 simulations that reflect the different variables of the puzzle. The analysis assumed that there would be no changes in current law on SS. The objective of the exercise was to quantify the probabilities of which generation would most likely not get the benefits they were (A) paying for, (B) entitled to and (C) expecting.

The results of the CBO analysis is that there is societal/economic trouble in front of us on this issue. It should come as no surprise to readers that if you are young, you have a problem. The CBO report defines which generation(s) will be hurt and by how much. I found their conclusions to be very troubling.

If you were born in the 1940’s the probability that you will receive 100% of your scheduled benefits is nearly 100%. The people in this age group will die before SS is forced to make cuts in scheduled benefits.

If you were born in the Sixties things still do not look so bad. Depending on how long you will live the odds (76+%) are pretty good that you will get all of your scheduled benefits. However, if you were born in the Eighties you have a problem. The numbers fall off a cliff if you are between 30 and 40 years old today. In only 13% of the possible scenarios you will get what you are currently expecting from SS. If you were born after 1990 you simply have no statistical chance of getting what you are paying for. The full CBO report can be found here. This (hard to read) chart is from that report.


Sometime next year the issue of SS will have to come up. It will be central to the recommendations from the toothless and worthless Fiscal Commission. The results of that review and the recommendations that will be made are already know. Payroll taxes will have to rise for both employers and employees, the age for eligibility will raised for those under 55 and benefits for that same group will have to reduced. If those steps are taken the promised benefits to the baby boomers (60+) can be met.

That can’t possibly work. How can we convince a 30-40 year old that they should pay much more than any other generation and at the same time get less back than their predecessors did? The boomers have a big vote, but not that big. At some point it is inevitable that there will be a backlash. Laws and tax policy that favor one (minority) age group over all others have no chance of acceptance. The only question is when and how badly it will end.

France has been ripping itself apart over a subset of this issue for the past few weeks. America’s problems are much larger than France. We just have not confronted ours as yet. In France they are burning cars to vent their anger. I don’t think it will play out like that in America. We will not burn cars. We will just grow to hate old people. Cars can be replaced. The social consequences of age warfare will last a very long time.

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by Aghast in Midlothian
on Sat, 10/23/2010 – 11:31
#671897

Age warefare is an important dimension, but there are others- State/local government pensioners vs. local (taxable) landowners, Net-tax sucking states vs. tax-paying states, those that pay no income tax vs. those that do, any manner of federal government sycophants vs. taxpayers, employed taxpayers vs. unemployed transfer payment recipients, cats vs. dogs, etc. 

Login or register to post comments by Chappaquiddick
on Sat, 10/23/2010 – 12:27
#671995

Logan’s Run – let’s force those who are retired to do the Iron Man – and anyone who survives can have benefits – for a whole year – till the next race.

Login or register to post comments by ElTerco
on Sat, 10/23/2010 – 21:16
#672687

This is great!… until you’re Logan.  Actually, I would go for this system as long as I could opt out at any time.

Login or register to post comments by SimpleSimon
on Sat, 10/23/2010 – 12:50
#672044

Well, none of these simulations include Obamacare, I am guessing.  Dead boomers don’t collect benefits.

Login or register to post comments by Janice
on Sat, 10/23/2010 – 14:45
#672207

+1

I am young, but I am scared to take the H1N1 flu shot….I’ll take my chances on contracting the real thing & dying.  People seem to have forgotten about “Agent Orange.”

Login or register to post comments by MeTarzanUjane
on Sat, 10/23/2010 – 20:59
#672662

I’m not sure I’d be worrying about that.

Look around you. What they need is a wider base on the pyramid. Smart people are fearful of breeding right now, the dumb & dependent are not.

In fact the d&d’s will use the expansion of their families to get more bennies from Barack.

Nice research Bruce. There are many ways that this report could get even uglier. There are many working people who are on the welfare threshold but too proud to file the paperwork.

What happens when they realize what the future holds and give up, quit working and file the papers.

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 21:08
#672677

back before empty state promises, children were retirement.  folks could not grow old without them and spent a lifetime experiencing infant deaths and child rearing at the exclusion of leisure.  now-a-days, folks forgo the heavy lifting, trade children for leisure, and naively expect the government to keep empty promises.  

Login or register to post comments by DosZap
on Sat, 10/23/2010 – 15:01
#672231

Your correct, and if it stands, DEAD 30-40 yr olds won’t either.

Because that’s where we are being driven……….ALL of us.

My wife & I just got our health insurance set up for 2011, what was basically company provided, is now costing us 25%,because of the NEW Obama Rules.(this is going on countrywide),by design of the Obama Plan.

Boeing just announced several hundred thousand of their folks are getting it just like WE did.

TIP of the iceberg.

The funds for this program would be easily made up if we did away with Gov’t GIFTING to foreign countries, stopped the untold billions to 501C4’s, and free care to all NON Americans.

( Stop and think, I mean it’s MIND boggling!).

And this has been going on for longer than ANY of us here, have been alive.There has to be a BOOT on the neck of the Feds, to stop the insanity.

We, are brothers and sisters, Dad’s & Mom’s, GP & GM’s, eating each other….OUR eyes are OFF the reaL CULPRITS, AND TARGET, IT’S CALLED WASHINGTON D.C.

I live in a suburb of DFW.ONE county hospital in 2008 (DALLAS) wrote off 700 million dollars for services rendered to illegals.

(folks that’s damn near a BILLION dollars,one year,one hospital.)

So much waste and abuse is done with our tax dollars it’s a sin.

Look at the latest, NPR deal,Soros funded, taxpayer funded,to what?, bring us into Socialism. We are being raped,and giving billions to people who seek our destruction.

Until we get a balanced budget, and tax breaks to a BARE minimum, and funds paid out of our paychecks(into INTEREST bearing accounts),we have no chance.

That is, IF we LIVE as a nation through the HELL headed our way globally.

And especially locally.

This entire “PROJECTIONS SCHEDULE”, may very well be a waste of time,mere semantics, a shell game for all of us.

ALL.

Don’t Listen to what “they” say, Watch what “they” do.

 

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 18:11
#672437

+ 14,000,000,000,000,000

Login or register to post comments by Sp00ky
on Sat, 10/23/2010 – 22:43
#672809

The bulk of NPR funding comes from programming fees, grants, contributions and sponsorships.  Virtually none of their money comes from the federal government, like it did in the ’70s and 80s.  They get a very tiny bit from the federal funding of Corporation for Public Broadcasting grants (local member stations get about 10% of their funding from that and NPR gets 1.5% of its revenue from CPB grants).

 

One weakens their arguments when they can’t get simple facts straight. 

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 13:17
#672054

+1

each one ripe to cause a civil war in America. 

these assaults on freedom, particularly as they relate to robbing those who cannot yet vote, would not be possible without the allowance of deficit spending, centrally planned money, fractional reserve lending, and faith-based (fiat) currency.  All of these practices that have been created by bankers to serve bankers undermine the very foundation of liberty upon which this country was built.     

Having absolutely no mandates for a balanced Federal budget simply allows for our current generations to lord over the unborn surfs of tomorrow who are predestined to toil in the fields for a fraction of the benefits.  

Martin Armstrong put it this way:

“The amount of capital in government debt is staggering. If that was invested in the private sector, the Dow would be at least 50,000 if not perhaps 100,000 on spike highs. If captial had no place to go BUT the private sector, there would be no unemployment and the standard living would rise because we would not be burdened with debt that produces nothing and transfers untold amounts of wealth out of the country. The very socialists who want high taxes and claim to be helping the average person have reduced the standard of living for all. The interest paid to support debt is the single greatest transfer of wealth to the so called rich than anything else.”

 

http://www.martinarmstrong.org/files/Nice%20Try%20but%20No%20Cigar%2010-9-2010.pdf

 

Most importantly, the money is gone.  I am sorry that folks have planned their lives around the promises of tyrannical central governments.  I am sorry that this is a lie which everyone who has paid Social Security Tax, including myself, has chosen to believe for far too long.  This does not give us a right to steal from unborn Americans simply because we chose to lie to ourselves on our very own watch.

After all, they were OUR elected officials who squandered our resources on OUR special interests.  To whom should the suffering belong?

There are not enough “rich people” in America to finance well over $100 Trillion in unfunded liabilities.  Our expectations defy the laws of financial physics.  Only after the rich are “soaked”, the unborn are shackled, and our agenda still fails will we ever discover the true culprit:

Ourselves.   

We can either continue to favor our own selfish desires at the expense of our children and the sustainability of our country, or we can restore the principles of freedom and cultivate opportunity for both ourselves and future generations.  A “right to a free lunch” imposes upon the rights of others with liberty as its casualty.  Obviously, this will not last.  After all, is America the land of handouts or the land of opportunity?

Most importantly, restoring opportunity includes reducing monopoly power at the Federal level, ending The Federal Reserve Bank, outlawing fractional reserve counterfeiting, and opening our regional economies to competing currencies including gold and silver.

Regaining control of our own wealth and resources will allow us to reclaim our country.  Free trade among common folks is the only route to peace among the masses.  Any attempts towards another model will be futile at best and genocidal at worst. 

Login or register to post comments by demsco
on Sat, 10/23/2010 – 11:36
#671906

Yup, you hit the nail on the head. Read posts from young people and you see the hatred already. However, I blame this on the Boomers too since they spoiled their kids to death and never forced them to work for anything. They will reap what they sowed because they wanted to be buddies with their kids instead of parents. Dumbasses.

Login or register to post comments by Pondmaster
on Sat, 10/23/2010 – 11:52
#671922

Boomer hate . Yes it is becoming a common occurence on ZH . I have shared after such a virtious post that the reason I own guns is to protect me from them . Not to worry , before the hate generation comes to power we boomers will all be dead . They will still be blaming us then . The non responsible generation. And don’t buy the drivel that its the parents fault . WE ALL HAVE CHOICES HOW TO THINK . Our parents mistakes don’t force us to think or behave the way we do today . CHOICES !! I will not accept blame for poor ones , nor take credit for good ones . FREE WILL

Login or register to post comments by chet
on Sat, 10/23/2010 – 11:58
#671935

What’s important is to figure out which generations were running Washington while the deficit began to explode.  In the 1980’s, this was actually an older generation than the boomers.  Arguably during the 1990’s the boomers started to be the dominant generation in DC and are responsible for the spending.

I think that that is the real question.  You have generations which borrowed exorbitant amounts of money, made nice little nest eggs for themselves at home, and are now retiring with full benefits while handing the tab to their own grandkids.

As a 35-year-old, I know it pisses me off.

Login or register to post comments by stev3e
on Sat, 10/23/2010 – 12:05
#671950

The generations that were around during the origination of the scam we call Social Security benefitted the most.  The so-called “Greatest Generation” payed in almost nothing to SS and took out plenty.  They also paid nothing into Medicare yet utilized the program enormously.

Ponzi on….

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 15:15
#672243

Ponzi on….

that pretty much defines the courage of your generation, doesn’t it, stev3e?  “Ponzi on…”, he says.  How brave!

Login or register to post comments by StychoKiller
on Sat, 10/23/2010 – 21:51
#672740

So, if he’d said guillotine ALL people over 55, you’d be okay wit dat??

Login or register to post comments by stev3e
on Sat, 10/23/2010 – 23:24
#672858

That was sarcasm idiot.

Login or register to post comments by amusedobserver
on Sat, 10/23/2010 – 17:18
#672391

But the generations that were around at the origination of our country were smarter and better educated than we are today.  Back then it was not a pillar of financial theology that a central bank was useful or beneficial.  In fact, many of the top tier of American statesmen (does that term have any meaning with regard to our current crop of idiots?) had a healthy fear of a central bank.  Jefferson laid out the concerns pretty clearly in a quote of his I’ve seen going around lately, and Andrew Jackson’s signature achievement of his presidency was killing the Second Bank of the U.S.

I had a minor in history 35 years ago, but not one teacher/professor ever adequately explained the issues for and against a central bank.  Not one ever explained how money is “created”.  I’m sure they didn’t understand it themselves.  I’ve been learning a lot lately, and have come to share Jackson’s sentiments.

It’s clear the central bankers got smarter.  The first two Banks of the US had charters lasting only 20 years and needed renewals which they didn’t get.  The Fed-creating Act of Congress and the income tax constitutional amendment were both passed in 1913, thus making the entire productive capacity of the country available to be tapped for repayment of the “loans” that the Fed makes to the US govt.  And it would require an act of congress to get rid of the Fed.  That gets progressively harder to do since everyone is used to it, it’s always “been there”.

Login or register to post comments by Bananamerican
on Sat, 10/23/2010 – 12:27
#671979

i’m a “young” boomer and I’ve been telling young ‘uns to stiff gramps when the time comes…. The idea of running up tabs to be paid by future generations is pure WICKEDNESS and evidence of our generational/National decadence.

 

Login or register to post comments by RingToneDeaf
on Sat, 10/23/2010 – 12:38
#672014

What a bunch of worrywarts!

By the time you young pups retire China Inc. will have Soylent Green in full production. Problem solved.

Eat ’em up! Bon appetit.

Login or register to post comments by RingToneDeaf
on Sat, 10/23/2010 – 12:43
#672020

Burp!

Login or register to post comments by RingToneDeaf
on Sat, 10/23/2010 – 12:46
#672029

Sorry, I got errors.

Soylent Green is us.

Login or register to post comments by DosZap
on Sat, 10/23/2010 – 15:23
#672256

chet,

Sorry young man, wrong.

LBJ started the Great Society, meaning FREEBIES for all if you were in the right category.

If memory serves, the Social Security Trust Funds were until THEN in a LOCK BOX.

Johnson allowed them to access it, and use it in the GENERAL FUNDS.

BAD MISTAKE.

IOU’s went in,instead of dollars…………….had the trillions paid put, been just invested in the MMKT, ot Treasuries, and /or Bonds, we would have a surplus that would stagger the imagination.

Johnson wasn’t a Boomer………………and, there amigo is why we are in this fix now.

The bastards in D.C. got their hands into the cookine jar.

 

 

Login or register to post comments by johnnynaps
on Sat, 10/23/2010 – 21:43
#672730

About time us generation X’ers are catching on! I’ve hated the boomers for the last 7 years! Bad driving, Big government debt, and STUPID laws are depriving us of our freedoms and rights! We should be able to reserve the right to road test this “slow” age group every 5 years. Ironically, their collective driving is more dangerous than a “high” generation X’er!

Do you know what happens when you brainlessly trust the age group ahead of you…..you get boned. Now, depreciation of the currency to protect their lofty 401k’s and house values will cause a huge decline in the quality of life. Good luck! I’m just glad I’m more prepared than my parents!

Login or register to post comments by StychoKiller
on Sat, 10/23/2010 – 21:55
#672744

Respect for religion must be reestablished. Public debt should be reduced.
The arrogance of public officials must be curtailed. Assistance to foreign
lands must be stopped or we shall bankrupt ourselves. The people should be
forced to work and not depend on government for subsistence. – Cicero, 60 B.C.

 

It’s been this way for millenia!  So, can we count on you to NOT vote for Decepticrats or Republicons?

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 13:19
#672087

They will still be blaming us then

what about those deficits we are hoisting onto the unborn?  not your fault either?

Login or register to post comments by Jake3463
on Sat, 10/23/2010 – 22:35
#672795

I propose a monument next to the WWII monument of a Yuppie getting screwed by a Hippie.  I think that is an adequate memorial to the Baby Boomers.  

 

It can play music, which is about the only contribution of the generation.

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 22:38
#672798

can they both be wearing Ipods?

Login or register to post comments by Hansel
on Sat, 10/23/2010 – 12:14
#671960

Boomers have spent the last 20 to 30 years offshoring as many jobs as possible while chasing asset bubbles.  Now the asset bubbles are bursting and the boomers are throwing young people under the bus to protect their faux wealth.  You can blame the kids for not working, and the kids will blame you for elimanting the U.S. economy.

Login or register to post comments by ATG
on Sat, 10/23/2010 – 12:26
#671992

Divide and conquer politics as old as the hills

What we all have in common is eliminating governance politics of theft and restoring Constitutional liberties

Login or register to post comments by Hansel
on Sat, 10/23/2010 – 13:07
#672065

To your first point, I think intergenerational competing interests are just a consequence of life.

I agree with your second point.

Login or register to post comments by DosZap
on Sat, 10/23/2010 – 15:35
#672260

Hansel,

Bro, you need (and everyone else here), needs to be VERY specific at WHAT BOOMERS did these things.

ALL these problems point back to ONE 10 SQ MILE area…………..ALL of them.

Who allowed the American Mfg base to go offshore?.

Who DROVE them off?. And WHY?

Why did our leaders sacrifice OUR country, our citizens welfare?.

Why did they allow those jobs to GO?,they did not have to………..TARIFFS could have stopped it dead.

Why weren’t they used?. A MASTER plan,maybe?.

You/We are focused on exactly what THEY want us to focus on, EACH other,when in reality, WE had no say,short of a CIVIL WAR.

 

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 18:28
#672451

TARIFFS could have stopped it dead.

DO YOU THINK YOUR FELLOW COUNTRYMAN OWES YOU A MANUFACTURING JOB?

“TARIFFS could have stopped it dead.”?!!!!   YOU FUCKWITS LOOK TO WASHINGTON TO SOLVE ALL OF YOUR PROBLEMS.  YOUR COUNTRYMEN OWE YOU NOTHING.  NOTHING.  NOTHING, YOU DUMBFUCK!  STOP PICKING THEIR POCKETS WITH TARIFFS.  

YOU CANNOT MAKE A MAN WORTH MORE BY PAYING HIM MORE.  YOU CANNOT MULTIPLY WEALTH BY DIVIDING IT.  UNSKILLED LABOR IS WORTH PENNIES.  GET SOME FUCKING SKILLS.  GETS YOUR BALLS BACK, AMERICA.  OUT-COMPETE THE COMPETITION.  OUT-SKILL THE COMPETITION.  DO NOT WHINE THAT THEY ARE WILLING TO WORK HARDER THAN YOU FOR LESS.  I CALL THAT GRIT, AND I ADMIRE IT.  

YOU FUCKWADS WANT THE GOVERNMENT TO DO SO MUCH WHICH IS WHY YOU HAVE NO ECONOMIC FREEDOM TO SUCCEED.  GOVERNMENT IS NOT THE SOLUTION.  GOVERNMENTS DO NOT CREATE JOBS.  THIS IS A BROKEN WINDOW FALLACY.  GOVERNMENTS ARE NOT YOUR FAMILY OR FRIEND.  GOVERNMENTS ARE DEADLY FORCE AT THE EXPENSE OF LIBERTY EVERY TIME.  GOVERNMENTS ARE LIARS.  GOVERNMENTS ARE BROKEN PROMISES.  GOVERNMENTS WILL NOT SAVE YOU FROM THE WORLD.  ONLY YOU CAN DO THIS.  BUT GOVERNMENTS CAN MURDER YOU IN COLD BLOOD OR IMPRISON YOU.

WAKE UP AND SMELL THE DOGSHIT YOU FUCKING PUSSIES.  GET YOUR BALLS BACK, AMERICA.  TAKE CARE OF YOURSELF, THEN YOUR FRIENDS AND FAMILY.  IF THE GOVERNMENT WAS NOT ROBBING US BLIND WE WOULD RULE THE WORLD THROUGH PURELY PEACEFUL MEANS BY GIVING PEOPLE WHAT THEY WANT AT A PRICE THAT THEY CAN PAY.  GOVERNMENTS HAVE RUINED THIS COUNTRY, AND YOU WANT TARIFFS TO SAVE YOU FROM A HARD DAYS WORK? 

FUCK YOU, PUSSY.  YOU CANNOT HANDLE FREEDOM.

IF YOU WANT FREEDOM, THEN END OUR CENTRAL MONEY PLANNING, FRACTIONAL RESERVE COUNTERFEITING, FIAT (INFLATABLE) MONEY, AND OPEN UP OUR ECONOMY TO COMPETING CURRENCIES INCLUDING GOLD AND SILVER.  KEEP WHAT YOU EARN AND PULL THE TEETH OF THE GLOBAL BANKING CARTEL AND THE MILITARY INDUSTRIAL COMPLEX.  

IS THIS THE LAND OF HANDOUTS OR THE LAND OF OPPORTUNITY?!!!!!

Login or register to post comments by lynnybee
on Sat, 10/23/2010 – 18:49
#672490

wow …. i’m impressed, no one even junked this rant by CHOPPER READ.   no one junked him because HE’S RIGHT !   I REMEMBER WHEN JOHN WAYNE WAS THE MODEL MAN HERE IN THE U.S. …………. ALL THE MEN WANTED TO BE LIKE JOHN WAYNE & THE WOMEN WANTED TO MARRY A MAN LIKE JOHN WAYNE.     JOHN WAYNE WAS THE NORM HERE IN THE U.S. ……….. WHAT THE HELL HAPPENED !!?   (media culturalization happened)

Login or register to post comments by BigDuke6
on Sat, 10/23/2010 – 19:02
#672508

Nobody junked him because its Chopper Read.

He’s a mad aussie/scottish bastard who shoots people in the face then apologises as they twitch on the ground

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 20:00
#672592

+1 

😉

Login or register to post comments by Imminent Crucible
on Sat, 10/23/2010 – 20:54
#672653

I’ll junk anybody who thinks toughness is posting in boldface on an anonymous comment board.

Raving dork.  How many Senators did you lynch today?

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 21:25
#672685

first of all, if i lynched a senator i would have to give up my fantastic life.  right now it is a velvet revolution.  i’ve got my gold. i’ve got my guns.  i’ll be happy to use them if anyone attempts to take the former or the latter.  otherwise, timing is everything.  this is chess not checkers, you fucking tool. 

nobody said anything about being tough.  however, if you would like to put your money where your mouth is, then i will be happy to reveal my identity and challenge you in an octagon for $10,000.  its right here in writing, pussy.  consider it a contract with you, and a personal challenge.  sort of like a dual in the old days.  

are you man enough, raving dork?  or is your tough talk a lot of hot air?

 

Login or register to post comments by TwelfthVulture
on Sat, 10/23/2010 – 19:18
#672547

Bravo!

Login or register to post comments by DosZap
on Sat, 10/23/2010 – 20:08
#672595

chopper,

I think you missed my point………..

The Tariffs would have stopped a NO WIN situation.

I am all for hard work, and self determination.

No one has given me shit. My point is, (WE, the GOVT), should never have allowed our Mfg base to be destroyed, because a TOP economical power on the planet at that time, was in NO position to go to a war of wages with FORCED SLAVES working for $.25 a day, or FREE.

And, that’s exactly what what the Chinese did, and likely are still doing to a large degree.

Bottom line, WE worked our asses off to BE #1 back then, WE should never have allowed it to be STOLEN from us.

Plus, WE the people had no way (short of a Civil War), of stopping it.

Our corrupt fucking Gv’t did it, for the same reason we are in the shape we’re in now.

A GLOBAL GOVERNMENT…………………..

You can’t BRING people UP to high standards of living, when they live in tin shacks, and cardboard boxes,and have 2nd grade IQ.

You can only BRING the Top wage earners on the planet, DOWN to their level,or a medium in between.

That’s what SOCIALISM does………………….

And that, is the end goal.

 

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 20:52
#672648

let us not forget that labor unions have run rampant in our country, driving out manufacturing at every turn.  I grew up in central illinois and watched UAW union bosses in far off Detriot nearly destroy our local economy by driving local folks to the picket lines so they could finance their top heavy legal mafia.  

The thuggery was sickening and did nothing to help the hardest workers who were forced to join the union, and everything to reward the laziest assholes who were happy to sit on their ass and earn $75 per hour in overtime pay.  

Had Caterpillar completely folded to the UAW, Peoria may look like Detroit right now.  Luckily, CAT typically employs homegrown midwesterners with conservative upbringings as middle and upper management, so the stoic protestant in them just wasn’t having it.  

Federal intervention in business is not the answer.  I understand that cheap products can be made with slave labor, but this is not our business and, in fact, it makes our imported goods cheaper which frees up wealth for other goods and services.  Empowering government to artificially raise the price of imported goods only empowers thug unions and corrupt politicians.

Most importantly, CATERPILLAR TRACTORS WILL NEVER BE MADE BY SLAVE LABOR because they take skill and technology to make, and slave labor will never be motivated to develop these skills or technology.  However, the least skilled jobs may pay $9 per hour (versus $75 per hour), because this reflects reality.  Anyone buying CAT tractors gets them that much cheaper, and we sell more of them.  

Login or register to post comments by Jake3463
on Sat, 10/23/2010 – 22:40
#672802

Spare me the midwestern bullshit.  Last time I checked Indiana and Michigan were in the midwest.

 

As for whether or not CAT can build tractors in China, I think an Iphone is a shit load more complicated than an internal combustion engine machine.

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 22:46
#672812

right, because the housing bubble in Peoria was so much larger than in California and Florida.  there is a regional culture of fiscal conservatism in Peoria.  “will it play in Peoria?”

this is common knowledge.  are you denying this?  how is this “bullshit”, fuckwit?

Slaves don’t make Iphones in China either, you dumb truck.  what’s your point?

Login or register to post comments by johnnynaps
on Sat, 10/23/2010 – 21:51
#672741

Very Patriotic! But, What if I am an over-skilled person who is over-looked because I am not a slimey salesman and cannot  “sell” myself?! And instead, I am street smart enough to fraud the government/people to the tune of less than the cost of my own prison sentence? What does that make me and how do you explain the government’s role?

Login or register to post comments by StychoKiller
on Sat, 10/23/2010 – 22:01
#672753

“Government is not eloquence, it is not reason — it IS FORCE!” — George Washington

Remember, rulers have no right to do anything that you have no right to do on
your own.  If you shouldn’t do it, you shouldn’t ask others to do it for you.

 

Login or register to post comments by johnnynaps
on Sat, 10/23/2010 – 22:40
#672803

In hindsight then, the g’ment will always be fiscally iresponsible and stupid with a shelf-life……..i love it!

Login or register to post comments by Imminent Crucible
on Sat, 10/23/2010 – 20:49
#672649

The worst thing a lot of boomers did to their children was not merely spoiling them.  It was living selfishly, neglecting their kids, and divorcing so that the kids’ home is riven in two and the kids tossed back and forth between households.

Then they wonder why the kids grow up feeling a little “ambivalent” about their sucky parents.

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 22:31
#672761

“imminent Crucible”, you accused me of ‘talking tough’ when i was simply using bold caps to capture attention to my message.  then you made a value statement about me being a “raving dork” based on your imagining me talking tough.  

now, what i want to know is: how tough are you?  you’ve clearly taken the side of some type of Clint Eastwood character, pointing out what a “raving dork” that I am.  You must be quite a tough fella to make these kind of statements.  tough guy, right?  a real bad motherfucker, are you?  

i would really like to know, tough guy.  really.  you’ve peaked my interest.  

Login or register to post comments by Sean7k
on Sat, 10/23/2010 – 11:37
#671908

One point to remember Bruce- old people vote. They have time to harass legislators. This will play into the matrix. 

As for age warfare, only if it is useful to the elite. As another means of dividing the popular expression, it could be very useful. However, everyone has a grandma and it will be difficult to paint that kind of face on the issue. 

Especially in an internet age where people can actually hear other sides of the issue at variance with the crap put out by government. However, all national austerity plans are targeting entitlements, so will we revolt are not? This is the bigger question for me. 

As the elites manage the MSM, it is difficult to say. The youth of today are much more saavy about information. They are much more susceptible to authority. Interesting matchup….Huh?

Login or register to post comments by Hook Line and S…
on Sat, 10/23/2010 – 11:58
#671934

The young are just like the young of the past, except they know how to text, but not how to work. 

I see 100,00’s sent off by the pot belly grey hairs to die anytime now.

Login or register to post comments by johnnynaps
on Sat, 10/23/2010 – 21:56
#672745

Stereotyping isn’t fair……I’ve called out twice in ten years…..I’m 31 and recently unemployed. It’s ok, because I don’t like financing bad decisions anyway! Call it……..good practice for parenting! 

Login or register to post comments by johnnynaps
on Sat, 10/23/2010 – 21:56
#672746

Stereotyping isn’t fair……I’ve called out twice in ten years…..I’m 31 and recently unemployed. It’s ok, because I don’t like financing bad decisions anyway! Call it……..good practice for parenting! 

Login or register to post comments by ATG
on Sat, 10/23/2010 – 12:42
#672018

Speaking of the internet age and population cull:

http://www.youtube.com/watch?v=XWyL9dg8la8&feature=related 0:34

http://www.financialsensearchive.com/editorials/engdahl/2010/0304.html

Login or register to post comments by Sean7k
on Sat, 10/23/2010 – 13:07
#672072

Nice piece. The eugenics movement is alive and well in America, but most people refuse to acknowledge it. Acres magazine, a magazine devoted to biodynamic and organic farming has continued to carry articles about this and especially the effects of GMO crops, their legal fascism and the falling nutritional levels of GMO foods. 

I am certain they see humanity as an organism that is growing in ways that threaten their use of resources for their own needs and therefore must be “culled”. Eliminating the least capable resources while maintaining a sufficient competition to pressure better paid workers to accept less and less. 

I am wondering when humans will finally figure out the meaning of humanitarian or humane- it isn’t what you think it is.

Login or register to post comments by DosZap
on Sat, 10/23/2010 – 20:16
#672609

“Nice piece. The eugenics movement is alive and well in America, but most people refuse to acknowledge it.”

You bet it is, and one of the #1TOP proponents of it, is a TOP CZAR in the Obama Whitehouse.

Right in line with Margaret Sanger, and George Bernard Shaw.

 

Folks thing the Nazi’s thought this shit up, hell no, they got it from these two clowns.

Just like the Propoganda Machine……………. Herr Goebbels, got it from Woodrow Wilsons right hand man.

Login or register to post comments by ATG
on Sat, 10/23/2010 – 12:41
#672023

.

Login or register to post comments by blindman
on Sat, 10/23/2010 – 11:41
#671914

not to worry.  the miracle of modern medicine and health

care, stress and modern food products (frankenfood) will kill off the

majority of seniors in no time.  problem solved.

Login or register to post comments by ATG
on Sat, 10/23/2010 – 12:47
#672028

and prescription drug morbidity

http://www.pharmalot.com/2007/10/gardasil-conservative-group-trumpets-si…

Login or register to post comments by blindman
on Sat, 10/23/2010 – 13:18
#672085

can you believe it?  i think it is a principle like

the way the ocean cleans itself.  physics.  when

culling starts taking place in all those things that

were supposed to be life affirming you know you have

hit bottom.  saving is financial suicide.  medical treatment

is homicide.  ambition requires fraud to succeed.  failure is

the quickest means to success.   non productive activity is

the means to great wealth.  sex is death and food is poison. 

the android meme where people serve the machine, as broken

as it is. 

Login or register to post comments by Cathartes Aura
on Sat, 10/23/2010 – 23:04
#672837

. . . and the blind see all things clearly.

Login or register to post comments by chet
on Sat, 10/23/2010 – 11:55
#671928

Soylent Green

Login or register to post comments by Shiznit Diggity
on Sat, 10/23/2010 – 11:56
#671929

The odds against the 1980s cohort are 7 to 1 (87 to 13) not 8 to 1 (1 in 8 probability = 7 to 1 odds)

Login or register to post comments by Bruce Krasting
on Sat, 10/23/2010 – 12:11
#671969

Tks. I suck at statistics. What are the odds for 2000 cohorts?

Login or register to post comments by Shiznit Diggity
on Sat, 10/23/2010 – 14:36
#672191

5% (1 in 20) probability = 19 to 1 odds against

Login or register to post comments by Bruce Krasting
on Sat, 10/23/2010 – 22:42
#672807

Tks Shiznit. This will get lost in all the other comments, but you make the final point on this. If you are twenty this is very long odds against you

Login or register to post comments by apberusdisvet
on Sat, 10/23/2010 – 11:58
#671933

The Obama solution is elderly genocide through high inflation and no COLA for the pensioners and rationing via HC.  Already in Massachusetts, the elderly are being denied “life extending” benefits such as hip replacements and heart valves; the next step will be easy.

Login or register to post comments by stev3e
on Sat, 10/23/2010 – 12:02
#671944

I would have to agree that a generation war is coming but it will have subtle tactics and strategies – like pulling the plug on that machine when nobody’s looking.

But it is well deserved.  The boomers were the destroyers of many things including their own children as they spoiled them into being the most worthless group of people I have ever encountered anywhere, in any country.

Login or register to post comments by Translational Lift
on Sat, 10/23/2010 – 17:21
#672353

This country was built by people who were rugged individuals that took responsibility for their own actions.  Don’t blame a particular generation for the robber barons, unions and criminal legislatures that have attacked this nation like an invasive cancer.  When half the people in this nation vote in the crooks they feel will give them a handout you get out of control govt/socialism and the kind of crap we are seeing now.  If you think that whining and trying to blame some other generation will solve this nations problems………..well then you are part of the problem.  Criminal organizations/governments are perpetuated by whining people that are more interested in getting a handout than working for or producing something.

Stop whining………………..What these criminals want more than anything is for people to start fighting one another rather than cleaning up the corruption.

Login or register to post comments by aaronb17
on Sat, 10/23/2010 – 19:08
#672522

“Rugged individualists” are who are stealing this country’s wealth right now.  They’re coming up with awesome ways to rip off America by leveraging access to overseas labor and resources, advantageous influence in government, etc.

“Rugged individualists” are simply people who refuse to recognize the contributions and rights of others in their own lives.  They take credit for everything themselves, and think they are somehow independent of everything that caused them and their country to be what it is today.

This country was built by “rugged individualists” who refused to recognize property rights held by others, and took everything for themselves.  The original rugged individualists thus got land for free, trees for free, oil for free, etc.  So of course some people got super rich.

Our country is decaying is because that frontier mentality has had to turn to feeding on itself, because we’ve run out of resources to “claim.”  Now, American business sees the fleecing of its own people as the new frontier.  These “rugged individualists” are mining our nation, homesteading our wealth, claiming it all for themselves.  They are the ones now controlling multinational corporations, playing nation against nation in games no nation wins.

Login or register to post comments by mrhonkytonk1948
on Sat, 10/23/2010 – 21:47
#672735

Is “rugged individualist” some kind of euphemism for “sociopath”?

Login or register to post comments by johnnynaps
on Sat, 10/23/2010 – 22:12
#672768

You’re right. If you pinned me physically against you….you have no prayer compared to my athletic 6 foot 1, 210 pound stature. And, academically, my 2 degrees by the age of 32 is a joke! I run a 6 minute mile, bench press 300+ pounds, 23 pull-ups, and have travelled to numerous countries yet I am undesirable. Called out from work twice in ten years and have a modest 15 yr mortgage…..yet I’m a retard. No car/student loan/CC payment! I had a grow light and learned how to be “agriculturally productive”!

Very spoiled here with the discipline of a nat! Oh yeah, I’ve partied beyond belief and have dated 900+ girls…….fuck, I am spoiled!

Login or register to post comments by Cathartes Aura
on Sat, 10/23/2010 – 23:01
#672835

nice stats. you left out the circumference of your head and the length of your cock.

(and hopefully your /sarcasm tag)

Login or register to post comments by ILikeBoats
on Sat, 10/23/2010 – 12:03
#671947

Each generation has failed to protect freedom and this is impacting on later generations.

Login or register to post comments by Downtoolong
on Sat, 10/23/2010 – 12:06
#671951

Gen X & Y should be careful about bashing us boomers. I hope they realize if they go too far we’re going to be living in their basement one day (role reversal).

 

Login or register to post comments by litoralkey
on Sat, 10/23/2010 – 12:28
#671990

US, AU, and CA “Baby boomers” are the first and only generation in the history of humanity where the concept of a “nuclear family” without extended family living arrangements was considered a societal norm.  (Outside of frontier societies, of which the US ended in 1908 or 1913, and CA in the 1960’s)

It was an aberration of the post-WII world economy, and will never again be seen in the first world.

I explain this to baby boomers repeatedly and they react like spoiled children repeatedly while I then point out the ludicrous sums they spend for nursing homes for their own elderly parents and the substandard care they receive from immigrant nursing home careworkers.

They also get mad when I mention there will be no Social Security and Medicare in the US by the time the median cadre bulge of boomers reach retirement age.  I was especially hated back in 2000-2001 when I said we’d all be watching American pensioners starving int he streets like the Soviet pensioners in the streets of Moscow…

The United States Federal Reserve bankers already know that is their endgame… you will get SS and Medicare but you will not receive COLA increases while the USD goes through bouts of hyperinflation and devaluation.

I’ve met an elderly Soviet nuclear engineer who moved to NYC …  he worked at the highest level of the semi-military nuclear energy industry in Soviet Union (worked at the closed cities for nuclear technologies)… had the 3rd highest pension scale for Federal Soviet employees… and his pension would have allowed him 3 loaves of bread a week in Moscow after the 1998 ruble collapse… He moved to NYC and took a job as an accountant-type at age 72.

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 23:21
#672855

great story.  thanks. 

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 14:22
#672165

i would be happy to put a few Boomers up in my basement if we could rid ourselves of the communist scourge of social entitlements.  

it would be a fuckload cheaper!

Login or register to post comments by BigDuke6
on Sat, 10/23/2010 – 19:08
#672518

if you’re this pissed off with entitlements in the usa then you should have a look at the uk just now as they get themselves off 12 years of marxism.

 

the lefty government put 1/3 of the population working for the state and brought in 2.8 million immigrants while paying for 3 million others to do nothing on benefits.

eg a recent job ad for the council asked for applications for a ‘street football co-ordinator’

if it wasn’t funny you’d cry

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 20:09
#672598

not to mention the financing of an Islamic State in Manchester and on the East End of London.  No big deal, its only British citizens bombing their own.  

+1, BigDuke6. 

I just got back one year ago from living in england for the past 6 1/2 years.  My British wife and I finally left because the already high taxes were raised further.  how is that for anecdotal evidence of a tax revenue producer leaving based on a marginal upward change in tax rates?  

I am not alone.  Another buddy, and his British wife, just moved back two months ago after 8 years for the same reason.  Atlas is shrugging wherever he can.  

Login or register to post comments by litoralkey
on Sat, 10/23/2010 – 12:13
#671953

The CBO first wrote about this in the analysis of the Federal budget package bills… in 1996.  The Clinton White House and Republican Congress both used it as a bludgeon during the 1999 primary season if you recall.

Please keep in mind that through the Clinton, Bush and Obama admins the CBO through all it’s politicized transformations of staff, focus, and scope of mandates, has consistently focused at least a few papers each year on the future intergenerational warfare as the expenditures and receipts of the Federal Government spread further and further apart.

 http://www.cbo.gov/doc.cfm?index=492&type=0&sequence=4

 

 

Login or register to post comments by ATG
on Sat, 10/23/2010 – 12:50
#672043

Wasn’t it the CBO that waited until 0Care passed to reveal it will cost another trillion a year?

Login or register to post comments by StychoKiller
on Sat, 10/23/2010 – 22:10
#672766

CBO prognistications suffer from GIGO — Garbage In, Garbage Out.  Congress supplies them with hopelessly optimistic numbers and false promises.  NO ONE should believe the CBO!

Login or register to post comments by minus dog
on Sat, 10/23/2010 – 12:08
#671959

“That can’t possibly work. How can we convince a 30-40 year old that they should pay much more than any other generation and at the same time get less back than their predecessors did?”

Simple – you don’t.

The hate for previous generations stems from the fact that the SS ponzi scheme was a simple matter of having your cake and eating it too while passing the bill to some following generation.  

We are that following generation, and the general consensus among us is that they can go fuck themselves.  This has nothing to do with our work ethic – it’s about us getting screwed to pay for their fuckups and willful ignorance.  I think “hate” might not be a strong enough description.

We will not work our asses off for 4 or 5 decades with a lower standard of living, no retirement savings, and no realistic hope of getting SS benefits in order to pay for others’ pensions and SS checks.

Login or register to post comments by stev3e
on Sat, 10/23/2010 – 12:21
#671981

Wrong.

The Boomers were the first generation screwed by the SS ponzi.  They paid in so that the “Greatest Generation” (the one that voted in the dickheads that created the monstrosity and paid in next to nothing) could suck out retirement and Medicare funds for decades after they stopped working.  Every subsequent generation will be screwed by this system.  The Boomers, in particular, will get screwed the most, since they will be unable to receive anything close to what they have paid in while the current generation of losers will be able to group-rationalize their hatred for the idiots that spoiled them and vote in changes accordingly.

Login or register to post comments by ATG
on Sat, 10/23/2010 – 12:57
#672049

There is no free lunch, particularly with actuarially unsound government programs that were raided to fund budget deficits

Chile had a healthcare pension plan based in the NYSI that outperformed SSI Trust many multiples

The Social Contract was broken by bankster politicians while Baby Boomers were too busy trying to keep up their standard of living despite H1Bs, offshoring, outrplacements, subsidized illegals and rigged COLAs 

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 14:25
#672170

+1

Login or register to post comments by Bruce Krasting
on Sat, 10/23/2010 – 12:26
#671993

If I had to write this over I would use some of your words.

“We will not…is a line in the sand. I understand.

I’m a boomer. But I have two kids under 30. The notion that “we” are going to stuff “them” is just crazy. But I don’t see a way around the conflict.

Login or register to post comments by Bruce Krasting
on Sat, 10/23/2010 – 12:38
#672015

FYI. I got this on another site. The battle lines are drawn….

There has been “age warfare” against the Boomers for every age they have been. So, if you want to ramp the rhetoric to warfare then you should keep in mind that Boomers are battle hardened veterans of any level of warfare you care to try. This is your only warning.

Login or register to post comments by Uncle Remus
on Sat, 10/23/2010 – 13:20
#672088

Bruce, I was just thinking the very same thing. Old age and treachery will overcome youth and skill. Tangentially, beware of those with nothing to lose.

Login or register to post comments by bigkahuna
on Sat, 10/23/2010 – 13:54
#672133

These posts are all generally generalizing about other peoples’ generations. I know boomers who are as concerned about fiscal responsibility as ebenezer scrooge. I also know the type that waste oxygen. Same for generation x and y and z and whatever else name the smart guys who come up with these labels come up with. It does not matter if you are 90 or 19. If you have wisdom, share it (elderly people). If you have youth and a brain, learn from your elders and work hard just as any successful person does. Be good to those who need your help and tough on those who want to exploit you. Avoid narcissism because it is a farce. We are all water under the bridge, but if we can work together-we will have a real impact on the ages.

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 14:27
#672177

well put. 

Login or register to post comments by Orly
on Sat, 10/23/2010 – 14:56
#672224

very

Login or register to post comments by Commander Cody
on Sat, 10/23/2010 – 15:25
#672257

Agreed.  Throwing all boomers in one spoiled, greedy and self-serving basket is disingenuous.  As a boomer, though, I’m locked and loaded and ready for any confrontation.

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 18:59
#672503

I’m locked and loaded

+357,  loving it!

Login or register to post comments by RockyRacoon
on Sat, 10/23/2010 – 17:03
#672370

As a boomer I just regret not having soaked up all the gardening knowledge that my father-in-law had gathered over the many years that he fed us the best veggies in the world.  Sharing what we know is the best thing we can do for those who follow us.  Giving advice is not in that category, however.  Advice, as they say, is worth exactly what you pay for it.

Login or register to post comments by Translational Lift
on Sat, 10/23/2010 – 17:18
#672390

+ 10K……….

Login or register to post comments by Cathartes Aura
on Sat, 10/23/2010 – 23:15
#672852

generalisations, stereotypes, pre-judging, all tools encouraged by those who shape the “message” in order to deflect attention away from their endless lies and thievery. . . weigh up all you meet as individuals, unless/until they prove to you otherwise – groupthink is real, but not everyone drinks from the same glass. . .

great thinking bigkahuna, appreciated here.

Login or register to post comments by stev3e
on Sat, 10/23/2010 – 13:13
#672016

There is a solution around the conflict – the one that always existed – Family.  It will be proven to be true for those who “morally invested” while those who wouldn’t live up to the responsibility suffer.  Hell, we’re already seeing it in the generational hatred coming from the Boomer’s children – the Boomers being mostly divorced and almost as self-absorbed as their worthless children.

My two children will have everything I possess transferred to them by the time they reach their mid 40’s.  I will leave everything to them, and everything up to them.

I’ll be hanging out far from healthcare, nursing homes and Medicare so they cannot get their greedy hands on me.  Others will be hanging out far from their children so that they cannot get their greedy hands on them.

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 14:34
#672188

+1  …all depends on how you raised your kids.  sort of makes a nanny state irrelevant when you do things right.  

when we do things right, we even have some left over to help a few others around us who may have been dealt an unexpected blow.  Importantly, we can assess who is deserving of our help on a personal level.  Unexpected widow = yes.  Drug addict = no. 

Government monopolies make far less distinction and continue to leave the public coffers wide open for career politicians and the Wall Street Industrial Complex to raid. 

Too bad that estate tax is stalking your hard-earned wealth, too.  Along with inflation and the rest of the “big government” taxes too numerous to mention here.  

Rest assure, Boomers have had some great kids; yours may be some of those, stev3e.

Governments are not “family”.  They are deadly force.  

WISE UP, BOOMERS!

 

Login or register to post comments by stev3e
on Sat, 10/23/2010 – 12:42
#672022

double post

Login or register to post comments by Bruce Krasting
on Sat, 10/23/2010 – 12:42
#672027

FYI. I got this on another site. The battle lines are drawn….

There has been “age warfare” against the Boomers for every age they have been. So, if you want to ramp the rhetoric to warfare then you should keep in mind that Boomers are battle hardened veterans of any level of warfare you care to try. This is your only warning.

Login or register to post comments by Hulk
on Sat, 10/23/2010 – 14:49
#672212

Exactly Bruce. Two under 30’s whose future I mapped out and will be financially helping.. In addition, have to help parents when their pension plan collapsed, leaving them with only SS..

Take two:

Math question cannot be longer than 3 characters but is currently 4 characters long.

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 13:30
#672099

golly, minus dog, you sound like an American!

how refreshing!!!!   Who says the youth of America do not ‘get it’?!!

…the days of a “right to a free lunch” are coming quickly to an end.  Boomers, you’ve already spent the dough on other stuff, and then some ($14 Trillion and counting).  

The gig is up.    

Login or register to post comments by RockyRacoon
on Sat, 10/23/2010 – 17:06
#672374

Boomers, you’ve already spent the dough on other stuff, and then some

You think that’s true of all of us boomers?  Nay, I say.  I still have most of what I gathered over the years, or at least have converted it to, let’s say more convenient forms. I don’t intend to rely on gov’t or kids for sustenance.   So, don’t generalize about all of us.  A lot of us know who we are, and we know who you are.

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 18:34
#672473

hey, Rocky, i was referring to the government coffers.  you know this.  government is a scam.  you know this.  

and we know who you are.

what does this mean?

Login or register to post comments by RockyRacoon
on Sat, 10/23/2010 – 19:00
#672505

Yep.  Government is a scam.  Always has been and always will be.

We know who you are because we are the same.  Call it generational rotation.

Tag! You’re it.

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 20:11
#672603

got it! 

and i know there are some badass Baby Boomers sick of the same crap!

Login or register to post comments by StychoKiller
on Sat, 10/23/2010 – 22:12
#672770

Which is WHY most folks here recommend that you buy Gold & Silver!

Login or register to post comments by ATG
on Sat, 10/23/2010 – 12:59
#671962

Zeke, Ari and Rahm’s brother, is a bright dual national whose father was an Israeli Irgun Terrorist Pediatrician.

His brother Ari, a Hollywood Talent Scout, was involved in the $70 M age discrimination settlement for Hollywood writers over 40.

http://latimesblogs.latimes.com/entertainmentnewsbuzz/2010/01/tv-writers…

Zeke, a double Harvard Doctorate in Medicine and Political Philosophy, as well as Harvard Associate Professor in Medicine, advised Obama Care, which described healthcare rationing as efficiency.

After accused of Death Panels and End of Life Ageism, Zeke repeatedly cited he meant liver transplant scarcity rationing.

His statement on the Complete Lives age rationing euphemism revealed:

The complete lives system discriminates against older people

He then said:

As far as rationing goes, it’s nothing I’ve ever advocated for the health system as a whole, and I’ve talked about rationing only in the context of situations where you have limited items, like limited livers or limited vaccine, and not for overall health care

All medical care became so expensive it was de facto rationed.

Most people lose their life savings for medical care the last few months of life.

Worth keeping in mind, like cars, education, energy, food and other expensive government subsidized bureaucracies, throwing more bureaucrats, lawyers, marketing and money at healthcare did not make it better:

Zeke admitted:

Overall, US health care expenditures are 2.4 times the average of those of all developed countries ($2759 per person), yet health outcomes for US patients, whether measured by life expectancy, disease-specific mortality rates, or other variables, are unimpressive

heart attack patients in Miami receive vastly more care than similar patients in Minnesota at 2.45 times the cost, yet have slightly worse outcomes

We have the most expensive system in the world per capita, but we lag behind many developed countries on virtually every health statistic you can name. Life expectancy at birth? We rank near the bottom of countries in the Organization for Economic Cooperation and Development

According to the Centers for Disease Control, 1.7 million Americans acquire an infection while in the hospital and nearly 100,000 of them die from it. Laboratory imaging tests are routinely repeated because the originals can’t be found. Patients with such chronic illnesses as heart failure and diabetes land in the hospital because their physicians fail to monitor their condition. When patients have multiple doctors, there’s often nobody keeping track of the different medications, tests and treatments each one prescribes.

Our doctors and hospitals are failing to provide us with care we need while delivering a staggering amount that we don’t need. Current estimates suggest that as much as 20 to 30 percent of what we spend, or about $500 billion, goes toward useless, potentially harmful care.

Life expectancy in the United States is 78 years, ranking 45th in the world, well behind Switzerland, Norway, Germany, and even Greece, Bosnia, and Jordan. The US infant mortality rate is 6.37 per 1000 live births, higher than almost all other developed countries, as well as Cuba

The tipping point came when the media began reporting that the high cost of pharmaceuticals forced some elderly to choose between drugs and food … When health care began compromising access to other important goods–food, heating, and education–it ceased to be so special it was beyond cost

Emanuel said

there were conflicts of interest between a physician’s primary responsibilities (providing optimal care for patients, promoting patient safety and public health) and a physician’s secondary interests (publishing, educating, obtaining research funding, obtaining a good income and political activism). Emanuel said that while it is difficult to know when conflicts of interest exist, the fact that they do is “the truth”. When there is no doubt of a conflict, the issue is not a mere conflict of interest but fraud. For example, the makers of Celebrex published only six months of data favoring their drug when twelve months of data was available and indicated that the drug is ineffective.

Medical Journal doctors failed to disclose funding sources from the drugs they approved.

The backlash is here after a long history of professional and political abuse.

So much for socialized medicine.

http://en.wikipedia.org/wiki/Ezekiel_J._Emanuel

Login or register to post comments by blindman
on Sat, 10/23/2010 – 13:51
#672128

@ “Emanuel said

there were conflicts of interest between a physician’s primary responsibilities ….”

.

primary responsibility is one:  stay in business, ie. pay your bills and get paid

for your service/s.

two:  stay in line with regards your license and the law ( monied consensus

regarding institutional fiscal restraints and demands.  ie it is all about

money and everyone knows there is none, only debt,  so good luck.

.

eat your home grown peas and carrots folks.

.

only in america could the idea of socialized medicine be turned into

welfare for the fire sector of the economy.   can you believe it?

Login or register to post comments by StychoKiller
on Sat, 10/23/2010 – 22:23
#672779

Overall, US health care expenditures are 2.4 times the average of those of all developed countries ($2759 per person), yet health outcomes for US patients, whether measured by life expectancy, disease-specific mortality rates, or other variables, are unimpressive.

Like most large, intractable problems, this too can be directly traced to Govt interference in the Free Market(s).  Who is it that “MANDATES” that just about everything in use in a hospital be one-time use? (Hint:  FDA).

Who is it that encourages the false belief that medical care should be low-cost or free?  (Hint:  Medicare/Medicaid). 

Sorry folks, the biscuit wheels are coming off the gravy train — assume crash position!

Login or register to post comments by Silva Plata
on Sat, 10/23/2010 – 12:10
#671965

Anyone who thinks people born in the 90s are going to pay our debts is dreaming. There will be a reset or hyper-inflation — they’ll shoot us in our rocking chairs before they pay all our ss benefits.

Login or register to post comments by ATG
on Sat, 10/23/2010 – 13:02
#672062

http://www.jubileeusa.org/truth-about-debt

Login or register to post comments by DR
on Sat, 10/23/2010 – 13:11
#672080

I warn my Millennial children to be good to me because I foresee a bill like this getting legislated in the US:

Maintenance of Parents Act

The Act provides for Singapore residents aged 60 years old and above, who are unable to subsist on their own, to claim maintenance from their children who are capable of supporting him but are not doing so. Parents can sue their children for maintenance, in the form of monthly allowances or a lump-sum payment. 

 http://infopedia.nl.sg/articles/SIP_1614_2009-11-30.html

Login or register to post comments by sethstorm
on Sat, 10/23/2010 – 15:37
#672268

One more reason to not to go to Singapore.

Or refuse to extradite people to it.

Login or register to post comments by spinone
on Sat, 10/23/2010 – 12:13
#671966

If you want to get into generational dynamics and the four generational seasons or archtypes, a great read is “The Fourth Turning” and the generationaldynamics.com website.

The children of the boomers will be the next ‘hero generation’ like our greatest generation from WWII, for what they have not yet done.

Supposedly there will be such an unraveling between now and then that all these entitlements will just be done away with summarily, like so many things were ‘just done’ during WWII.

Login or register to post comments by thethirdcoast
on Sat, 10/23/2010 – 12:36
#672008

The children of the boomers will be the next ‘hero generation’ like our greatest generation from WWII, for what they have not yet done.

 

Please go out and spend some time interacting with some members of that generation. Then come back here and try to make that same post with a straight face.

Login or register to post comments by stev3e
on Sat, 10/23/2010 – 12:44
#672031

+100

Login or register to post comments by thethirdcoast
on Sat, 10/23/2010 – 12:38
#672011

The children of the boomers will be the next ‘hero generation’ like our greatest generation from WWII, for what they have not yet done.

 

Please go out and spend some time interacting with some members of that generation. Then come back here and try to make that same post with a straight face.

Login or register to post comments by spinone
on Sat, 10/23/2010 – 13:17
#672084

I didn’t say I believed it, just that it is interesting.

“Kids these days…”

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 13:38
#672107

you grumpy old farts.  there are some fantastic youths out there.  Yes, leaders are fewer and further between, but this is absolutely no different than the Boomer generation.  

I meet hard working and honest young people all of the time.  

As for the stodgy misers in this chat room: you’ve become your parents.  

“Kids these days…”

funny, spinone.  so true!

Login or register to post comments by hardcleareye
on Sat, 10/23/2010 – 14:54
#672218

“There are some fantastic youths out there.”

  Having read your comments on this topic and others, I bet you think your one of them.   Has it ever occurred to you that there might be “hard working and honest” “old farts”? 

Regarding “you’ve become your parents”.  Thank you for the compliment, I am honored.

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 15:08
#672236

+1

my comments here are to rebel rouse mostly.  I hope you do not take them too personally.  I’m sure you are a hard working Boomer, and I appreciate that.  

Will you join with me now to end centralized (communist) money planning, fractional reserve counterfeiting, and faith-based (fiat) currency so we can get back to being rewarded for our efforts?

Login or register to post comments by johnnynaps
on Sat, 10/23/2010 – 22:29
#672788

We will be heros in our childrens’ eyes. I know it will be “lights out” for the baby boomers when it comes to my child/childrens’ future! You can count on it!

Login or register to post comments by johnnynaps
on Sat, 10/23/2010 – 22:29
#672789

We will be heros in our childrens’ eyes. I know it will be “lights out” for the baby boomers when it comes to my child/childrens’ future! You can count on it!

Login or register to post comments by Cathartes Aura
on Sat, 10/23/2010 – 23:35
#672876

. . . and with your “party hard” lifestyle & “900+ girls dated” one can only imagine how many boomers you’ll need to switch off for yer “childrens”. . .

the horrors.

Login or register to post comments by gwar5
on Sat, 10/23/2010 – 12:13
#671972

The age warefare has already begun with the new health care bill and estate taxes.  Now, the government can pull the plug on you with one hand, and take your estate with the other.

The new health care law prevents you from spending your estate $$ to try to stay alive. Doctors are criminalized for treating you without state approval and can go to jail. The new consumer protection agancy inside the Fed will track every single transaction you make from checks to ATM w/drawals to loans.

It’s all “their” money, don’t you know.

 

 

Login or register to post comments by ATG
on Sat, 10/23/2010 – 13:07
#672071

Bingo

$600 transaction mandatory 1099s with 16,000 more IRS agents inside 0Care

No wonder at least 20 states want to repeal it

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 13:40
#672111

no wonder we are inching ever closer to blood running in the streets.  

Login or register to post comments by Translational Lift
on Sat, 10/23/2010 – 18:33
#672470

That being said…….the underground economy will rival the “real” economy……….

Login or register to post comments by Sudden Debt
on Sat, 10/23/2010 – 12:19
#671978

I’M FROM 76 BITCHEZ!!! NO GIVE ME WHAT IS MINE!!!

 

Login or register to post comments by Pondmaster
on Sat, 10/23/2010 – 12:35
#672005

Lets see – 30 somethings also voted in , what , the last two elections . Bush twice , Obama once . They had a say – they “didn’t chose wisely” . Now the crying towel gets passed to them . The fraudsters that I quit voting for after Ronald Rayguns have systemically robbed the Social Security trust and replaced with empty boxes ( full of IOU’s ) just like the MBS tranches – empty boxes . We have had no REAL choice in elections  since Kennedy . That is not my fault. The “system” offered nothing else, nor heeded thwe still small voices that screamed fraud . SS. has been robbed by those much more powerful than the colective “us”. Now they are going to rob what is left from ALL THE GENERATIONS left standing  . from cradle to grave they will rob you and me . Can’t have a slave state if masses have financial power and security – even if that security is 600 to a 1000 dollars a month – chump change – I could live on it . You Boomer haters would blow through it in a day .  

Login or register to post comments by johnnynaps
on Sat, 10/23/2010 – 22:33
#672793

Idiot! I’m 31 and wisely voted against Bush both elections and for Obama. I realized that the US was stupid…..and voted Obama because I knew my unemployment stint would be longer in duration with him in office! Man, I made a good decision!

Login or register to post comments by ATG
on Sat, 10/23/2010 – 13:05
#672064

The antidote to 1984 = 1776

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 13:43
#672114

+1 

Login or register to post comments by DR
on Sat, 10/23/2010 – 12:24
#671985

It is the later born boomers whom are going to be the ones to lose the most because they will have put the largest amount of money into the system by the time it collapses.

Does anyone here honestly believe that the promises of the current pension/SS systems are going to be honored in 20 years from now?

 

Login or register to post comments by Uncle Remus
on Sat, 10/23/2010 – 13:23
#672091

20 years? That’s optimistic.

Login or register to post comments by Diogenes
on Sat, 10/23/2010 – 12:26
#671989

More propaganda. Who set up the system? Who profited from it? Who milked it dry? Now that the money is gone who is setting up someone else to take the blame?

They have gotten everyone to look to the government not their families for support. Now all they have to do is turn the generations against each other. Divide and conquer.

If you are ready to throw your elders under the bus for your personal profit, what do you think the next generation will do to you?

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 13:48
#672123

our elders were gullible and fell prey to the Wall Street Industrial Complex.

perhaps we could save them if we could save ourselves first.  In order to do this, we need to reduce the size of the Federal government, return power to State and local government, end the Federal Reserve Bank, outlaw fractional reserve counterfeiting, and open up our economy to competing currencies including gold and silver. 

otherwise, this whole scam will continue to be a house of cards that will only prolong the painful adjustment.

Login or register to post comments by StychoKiller
on Sat, 10/23/2010 – 22:29
#672787

Ever notice the airline instructions for oxygen masks?  “Make sure your mask is working before assisting small children or others that cannot help themselves.”

Words to live by in all endeavours (buy Gold & Silver!)

Login or register to post comments by lynnybee
on Sat, 10/23/2010 – 12:42
#672025

funny, they all loved us when we were young & consuming, buying cars, buying homes, raising children, spending $$$ on those children, all the dental, school fees, auto insurances paid for our teenagers, they loved it when we gave our teenagers $$$$ to go school clothes shopping (because, after all, our kids didn’t have enough $$$ to support themselves, so good ol’ Mom&Dad would subsidize them) .    we were good enough to buy all the stuff for the past 30 years, NOW, ALL OF A SUDDEN NO ONE LIKES or WANTS US ANYMORE !!!   I played the game right, stayed home to raise our children, paid off a home, put money in a bank ……. all for what ! .. all to see that money be lost during the coming hyperinflation (i hear it will be mid-decade for our new currency regime change).   THE U.S. GOVERNMENT OFFICIALS & POLICY MAKERS KNEW FOR 40 YEARS THAT THIS DAY WAS COMING & IT IS HERE NOW, WE ARE OLDER.   The baby boomers have been betrayed by their own government.     I’m scared of starving to death.

Login or register to post comments by stev3e
on Sat, 10/23/2010 – 13:09
#672075

Exactly, the Boomers spoiled their children with all those $$$ you mention so that their children would like them and be their friends, and so their self-esteem would not be damaged, and so they could realize their full potential, blah, blah ……………………

FAIL

Login or register to post comments by Orly
on Sat, 10/23/2010 – 15:10
#672240

Sorry, linnybee but Steve speaks the truth.

All boomers ever wanted was to be known as bestest friends and the class that had the highest ever recorded SAT scores; the best, the brightest and look at me and look at my kids…what a nice house we have.

Ahhhh.  So nice and paid for, I don’t even have to be a parent.  Cool.  🙂

 

Or, as Eddie Vedder of Pearl Jam sang:

Admire me, admire my home
Admire my son, he’s my clone
Yeah, yeah, yeah, yeah
This land is mine, this land is free
I’ll do what I want but irresponsibly
It’s evolution, baby

 

It’s evolution, baby.

Login or register to post comments by yabyum
on Sat, 10/23/2010 – 12:44
#672032

Age war? Class war? Sorry folks the war is over..the elites won.

Login or register to post comments by Lapri
on Sat, 10/23/2010 – 12:45
#672034

Gen-X bankers helped destroy the financial system and the housing market with their creative products. Let’s call it even.

…On second thought, it’s not even. Destruction is all over the world.

Login or register to post comments by Dan Duncan
on Sat, 10/23/2010 – 12:51
#672045

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A great post.  Thank you.

I read some of the anti-Boomer rhetoric and my felling is….ah… what hell, I can’t help it:

The best way to avoid Age Warfare would be for the Boomers to quietly retreat from any connection, whatsoever, to a public life. 

I don’t wish them ill, and I certainly don’t advocate taking any property from them or anything like that.  Just go away. 

If you are a Baby Boomer and thinking of running for office…Step off. You had your chance. You blew it:  And now you’ll go down as the most pathetic, self-entitled, selfish generation in history.    

Make no mistake: It’s not simply a case where a few isolated individuals messed it up for the rest of you.  I know you’d love nothing more than to say, “It was G.W. Bush’s fault!  He was just one bad seed!” 

No, in 50 years, W. will be as memorable James K. Polk.

But you…you Baby Boomers…textbooks will be written about you. Entire college courses will be devoted to you (if you didn’t already fuck up future generations ability to go to college).  And this is not your garden variety fuck up.  No, this is A Millennial Fuck Up.  This is the Six Sigma of Fuck ups.  You don’t get these without an entire generation conspiring to a continuous effort of epic failure.

In 300 years, Midas will still have his golden “touch”, but there will also be the Boomer Touch added to the lexicon:  “The moron who manages to fuck up everything he comes in contact with.”  

If da Vinci was resurrected and commissioned to paint a modern-day Last Supper, his fresco would depict the decadence of an older and fatter version of Guns-N-Roses at an all-you-can-eat-buffet.

So…if you are a Baby Boomer commenting on economics, politics, science (yes…you even managed to fuck up science)…go away. And don’t come back unless you are writing some puke-worthy piece on the “true” meaning of “Lucy in the Sky with Diamonds”.  [We’re always up for a few laughs.]

Shoot, I would consider allowing a few of them to write for Rolling Stone…as they did make some good music…but they ended up fucking up the music industry too!

My God, Boomers.  Your single greatest achievement was managing to fuck up religion, more than it was already fucked! How did you manage that?!?!

I know it’s going to be hard to disregard all the Baby Boomers. There’s several that I like as well.

But it has to be done. No More Boomers! No matter what they say–-ignore them.

Only then can we get about the business of Liberals and Libertarians working together to un-fuck all that this pathetic generation has managed to fuck.

[And if you don’t like my language…if you think it’s crass and pathetic of me to use “fuck” as a noun, verb and adjective in a single post…if you think this is “fuckly” of me (there’s an adverb for you as well)….

It’s because the Boomers fucked up our educational system, and in Boomer fashion, they demanded therapy, self-actualization workshops instead of conjugating sentences, and it was in these workshops that I learned in true Boomer fashion to blame everyone else for my fucking shortcomings.]

Login or register to post comments by stev3e
on Sat, 10/23/2010 – 13:01
#672058

Great post – says it all.

One fucked up generation calling the fucking kettle black.

Good luck in your fucked up world.

Login or register to post comments by Uncle Remus
on Sat, 10/23/2010 – 13:28
#672093

Wait, is this 60’s?

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 13:59
#672139

ha, ha.  i quite enjoyed that.  It must have been therapeutic to write.  Yes, this Boomer generation will be compared to the gluttony of ancient Rome.  The defiance among Boomers on this message board amazes me.  Fess up, you fuckers.  Stupid and arrogant is no way to go through life.  Then again, you’ve lost all credibility, so “deny, deny, deny” may better suit your self-delusions.

I love it:

THE “REVERSE” MIDAS TOUCH = “everything that is touched turns to shite.” = THE BOOMER TOUCH. 

 

p.s. if this is the Dan Duncan from Central Illinois, then I know you.  If not, I wish I did.  well put, bud.  very entertaining.  

Login or register to post comments by Fritz
on Sat, 10/23/2010 – 14:20
#672164

Clearly the ranting of an overeducated/underemployed malcontent.

I rate it deserving of “two golf claps” for the mental imagery and artful use of colorful language.

 

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 14:41
#672202

any one of us can create a job right now by asking our neighbor if we can pick up trash in his yard for a few bucks.  we can call ourselves entrepreneurs!  

…of course we’ve got to get our union card, obey the minimum wage laws, consider the payroll tax, abide by city code at it relates to licensing, etc., etc., etc. 

don’t you just love freedom?!!

Login or register to post comments by RockyRacoon
on Sat, 10/23/2010 – 17:20
#672389

That was wonderful,  thanks for posting it. 

Signed: Your 62 year old fellow American.  You probably have deserved your sour-grape time in the sun.  Now get back to work.  Turn off the computer that my generation developed, marketed, and tricked you into buying.

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 18:39
#672477

Now get back to work.

no problem.  just end your entitlements.  take your $14 Trillion in debt.   and i’ll even throw in my 20+ years of Social Security payments to give you a very generous send off. 

then, go fuck yourself for squandering freedom and leave us alone.

am i making too much sense, Rocky?! 

 

Login or register to post comments by RockyRacoon
on Sat, 10/23/2010 – 19:04
#672512

Ya know what?  I really don’t have a dog in the fight.  I’ve been self-employed all my life and the “insurance” payments have been taken from what I’ve earned without my permission.  It’s not like I was given a chance.  You know as well as I do that nobody was going to hold elected office who was going to stop the robbery.  Didn’t matter who I voted for so don’t point your finger at me on that one.  I’m ready to burn this fucker to the ground and I’ll stand by your side any day in that battle.   You’ll get no generational fighting from me.  If we are not in this together then the words are useless.  It’s not me against you, my friend.  We have greater common enemies.

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 20:17
#672605

Didn’t matter who I voted for so don’t point your finger at me on that one.  I’m ready to burn this fucker to the ground and I’ll stand by your side any day in that battle.   You’ll get no generational fighting from me.  If we are not in this together then the words are useless.  It’s not me against you, my friend.  We have greater common enemies.

word.  + 1776.

safe, Rocky.  we’ll get there. 

Login or register to post comments by lynnybee
on Sat, 10/23/2010 – 12:53
#672047

Mr. Krasting, people like you, Chris Whalen, Karl Denninger, Dylan Ratigan, the ZEROHEDGE community have a platform.  little housewives from DAYTON, OHIO (me)  have no say in anything, in fact, in just another few years, the house i paid off will be virtually worthless.   I never bargained for my elder years to be like this.   Please continue to speak out, you are my hero.

Login or register to post comments by StychoKiller
on Sat, 10/23/2010 – 22:37
#672796

Your house will NOT be worthless to YOU, so long as you maintain it.  Look forward to spending a long time (probably the rest of your life) in it.

Login or register to post comments by Chartist
on Sat, 10/23/2010 – 12:55
#672050

This is why, dispite the rapidly rising cost of healthcare, no one wants to outlaw smoking.

Login or register to post comments by tom
on Sat, 10/23/2010 – 12:57
#672053

The system will break down much more quickly than these guys can imagine. Social Security, Federal Disability, Medicare and federal and state public pension systems are putting rapidly more strain on budgets, and revenues are not bouncing back. Private pensions are underfunded.

No matter how retirement is handled financially, in real terms the retired live on redistributed resources created by the working. If the ratio of retired to working increases faster than real economic growth, and it is growing much faster, than either an increasing share of the value created by the working must be redistributed to the retired to main constant living standards for the retired, or the living standards of the retired must decline. It’s just math.

Login or register to post comments by kaiserhoff
on Sat, 10/23/2010 – 12:58
#672055

Ida Fuller was the first social security recipient, 1935 or shortly thereafter.  She made a few token payments and received $22,000 in benefits, a little under 1 million in Bernankebucks.  Comparisons across time and space are at best, rough, but that’s about the time my grandfather was buying some of the world’s best farm land for $32.50 an acre (with a house in place).

Blame the boomers if you like, but this was pure fraud from the get-go.  Rant and rave, or do your homework.  Your choice.

Login or register to post comments by stev3e
on Sat, 10/23/2010 – 13:11
#672079

They should put her image on a postal stamp – the original SS crook.

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 14:10
#672145

+1

HOWEVER, Boomers EXPANDED Entitlements exponentially.  So, lets not rewrite history you financial morons.  

NEVER BEFORE IN THE HISTORY OF MANKIND HAVE SO FEW RESOURCES BEEN SQUANDERED BY SO MANY. 

…what a legacy to the world American Baby Boomers will leave. 

Login or register to post comments by kaiserhoff
on Sat, 10/23/2010 – 14:17
#672158

Don’t know which entitlements you’re talking about, but Medicare/Medicaid and the whole great society shit storm were the work of Lyndon Johnson.  Most baby boomers were in junior high. 

Slandering all boomers is no more or less offensive than slandering all Jews, Blacks, Redheads…  As Ayn Rand so wonderfully put it, there is no such thing as society, only individuals.

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 15:24
#672211

How about Section 8 Housing, Bush’s Prescription Drug Benefits, and Obamacare?  Will you at least claim these?  …jeez.  

Anyway, I’m mostly just stirring the pot because these old farts get prickly when you poke them with a stick.  

i also agree with Ayn Rand’s viewpoint on “individuals”.  This is why I am opposed to “group rights”, because all “rights” should fall under those of the individual and nothing more.  

It is the Federal Government entitlements that group and label people which, of course, keeps us divided by design.  Politicians live off of the feud.  When there are no “group benefits” then we can get back to individual liberty.  

as far as me being a bigot.  save it, dude.  if you knew who i was then you would know better.  We are all cousins related within 30,000 years.  I’m just ranting about some of my older cousins for entertainment more than anything else. 

without the Boomers, we would not even be having this conversation!

Login or register to post comments by kaiserhoff
on Sat, 10/23/2010 – 14:20
#672159

.

Login or register to post comments by Milestones
on Sat, 10/23/2010 – 22:03
#672755

I appriciate your anger, but you stepped on your tongue on this post. The original crook.? With your comment you come off as the original punk.

I was hoeing in a victory garden as a little kid during WWII, and was working a 53 hour week when I was 15 and going to high school.

I agree, your generation whatever it is, is getting fucked (my daughter and son are included:36 and 40). But it was not that some how it was prearranged by the people that you direct your anger and thus my defense of this beleagured woman.

By chance of the draw lucky, yes. By some malicious intent, hardly.

Me thinks that there are several more current and vicious criminals about that you need not to go back to 1935 to vent your spleen.

Now I have vented mine I will shut the hell up. Milestones

Login or register to post comments by Sabibaby
on Sat, 10/23/2010 – 13:32
#672102
Fiery comments indeed, I didn’t expect to see boomers show so much hatred towards GenXer’s 

 All the “This is your last warning” BS. The truth of the matter is GenXer’s have no entitlement notions toward SS. We already know we’ll be working forever.

All you need to do is poll Boomers to see their level of happiness. Do this now, notice the fear in their eye as their 401K’s plummet and they lose their jobs to GenXer’s. The comments posted by Boomers already reassert the fact that these are some scared pups and have just now begun realizing their entitlements are gone with the wind. The glassy glaze in their eye due to the ghostly notion they won’t be spending their retirement on a golf course, or with their grandchildren. Growing up for so long and expecting what they believe to be rightfully theirs but never verifying the math behind the greatest ponzi of their mis-entitled lives.

“This is your last warning” HAHAHAHA!!! Or what, you’ll get mad? Boohoo, we’ll pay towards your SS knowing we won’t receive the same but we’ll still have the last laugh as history etches the Boomer generation to be the most destructive, gullible, and mislead generation in the history of the Earth.

Yeah, keep talking smack you unappreciative fucks. Demand this and that all you want, just as you were raised to believe. History will not look kindly on you and neither will the next 15 years.

 

Login or register to post comments by stev3e
on Sat, 10/23/2010 – 13:43
#672113

Great post – another example of the screwed up bastards of the screwed up Boomers.

Generational warfare is coming and there will be no winners.

Login or register to post comments by Sabibaby
on Sat, 10/23/2010 – 13:47
#672120

Bastards we are:

 

“I see all this potential, and I see squandering. God damn it, an entire generation pumping gas, waiting tables; slaves with white collars. Advertising has us chasing cars and clothes, working jobs we hate so we can buy shit we don’t need. We’re the middle children of history, man. No purpose or place. We have no Great War. No Great Depression. Our Great War’s a spiritual war… our Great Depression is our lives. We’ve all been raised on television to believe that one day we’d all be millionaires, and movie gods, and rock stars. But we won’t. And we’re slowly learning that fact. And we’re very, very pissed off.”

Login or register to post comments by stev3e
on Sat, 10/23/2010 – 13:55
#672132

You poor baby.  Did advertising do this to you?  Is it advertising’s fault?  Or was it television’s fault?  Did your Boomer Mommy and Daddy teach you to place blame somewhere else other than yourself so your precious self-esteem would not be damaged?

You mean you’re really not going to be a millionaire or a rock star?

How sad.

I understand.

Now get to work.

Login or register to post comments by Sabibaby
on Sat, 10/23/2010 – 14:10
#672148

Out of curiousity (and no google’ing it!) do you know who I’m quoting?

And I will be very busy working as there are more important things to do than being a millionaire or rockstar like taking care of you Boomers as you age and combating the global elite.

Login or register to post comments by Orly
on Sat, 10/23/2010 – 15:18
#672248

Dude!  Aren’t you Tyler Durden?

Login or register to post comments by Sabibaby
on Sat, 10/23/2010 – 17:01
#672368

Sure, is that a picture of you in your avatar? Let me know if you’re ever around 1537 Paper Street in Wilmington, DE

Login or register to post comments by Bruce Krasting
on Sat, 10/23/2010 – 19:10
#672519

What is it about you and that picture?

 

Login or register to post comments by RockyRacoon
on Sat, 10/23/2010 – 17:23
#672395

Man, I see in Fight Club the strongest and smartest men who’ve ever lived. I see all this potential, and I see it squandered. God damn it, an entire generation pumping gas, waiting tables – slaves with white collars. Advertising has us chasing cars and clothes, working jobs we hate so we can buy shit we don’t need. We’re the middle children of history, man. No purpose or place. We have no Great War. No Great Depression. Our great war is a spiritual war. Our great depression is our lives. We’ve all been raised on television to believe that one day we’d all be millionaires, and movie gods, and rock stars, but we won’t. We’re slowly learning that fact. And we’re very, very pissed off.

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 14:13
#672153

Now get to work.

happy to.  lead, follow, or get the fuck out of the way.  but do not ask us to do your work, too.  

IS THIS THE LAND OF HANDOUTS, OR THE LAND OF OPPORTUNITY?  

Login or register to post comments by StychoKiller
on Sat, 10/23/2010 – 22:43
#672808

Get “Big Brother” out of everyone’s way/pockets, so WE CAN GET TO WORK!

Login or register to post comments by blindman
on Sat, 10/23/2010 – 14:18
#672160

easy,  i’m a boomer and the only reason i bother

to live anymore is for the sake of the next generation.

if it was just about me i would have been gone some

time ago.  so, you’re welcome.  but then again you may rightly

be unappreciative of the results thus far.  for that i am sorry.

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 14:55
#672222

now this is the type of Boomer with whom I can work anytime.  

Login or register to post comments by RockyRacoon
on Sat, 10/23/2010 – 17:26
#672399

Exactly.  When the time comes I’ll be willing to bring this thing down so the more energetic and younger folks out there can build something new.   Then they can be blamed for fucking things up for the next generation… and the next… and the next.

And so it goes…

 

Login or register to post comments by lilimarlene1
on Sat, 10/23/2010 – 14:38
#672197

I am a boomer. When I raised my children, I did so with a decidedly pro life point of view. I kept a baby when it was inconvenient. But all around me I saw self centered boomers behaving like babies and aborting babies at will. Next, they jettisoned religion. Not worth it, they said. Not scientific.

I told my kids, “one day the very same people who denied their own children their birthright: life, will be faced by those who did survive. And because life will have thus been esteemed so cheap, and we boomers will be so many and will require so much, life will be cheap, and they will be hoisted upon their own pitard.”

That’s how it’s gonna go down.

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 14:57
#672225

+1

Login or register to post comments by Orly
on Sat, 10/23/2010 – 15:20
#672250

So you’re saying that Karma really exists?

Login or register to post comments by StychoKiller
on Sat, 10/23/2010 – 22:45
#672810

Karma should not be confused with Justice.

Login or register to post comments by blindman
on Sat, 10/23/2010 – 14:22
#672110

there is no money.  only fraud and its resulting

“debt”.   commitments made in a moment of

fed induced insanity causing exponentially inflated

prices for necessities of life that are used as chips in

a crooked casino, supplying pirates the dramatic cover

they need to make their larceny opaque.   yes,

a price must be paid.

Login or register to post comments by bugs_
on Sat, 10/23/2010 – 13:44
#672117

You young people with your 84% federal tax rates think you are so hot.

Login or register to post comments by optimator
on Sat, 10/23/2010 – 13:49
#672125

And how many are collecting Social Security and Disability that have never paid in the first dime?  How many have collected VA benefits because they were unable to work due to the trauma they suffered after being washed out in their third week of basic training.  Then we have the folks like B.O.’s aunt — here illegally, collecting from day one, , food stamps, and in public housing.  How about the poor Russian’s Grandmother who came over here at age 61 and can’t work?  Before deciding which generation takes the hit, perhaps the above should be under the micrscope.

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 14:14
#672155

thats a great place to start!

Login or register to post comments by mkkby
on Sat, 10/23/2010 – 13:51
#672130

The elites would love it if we keep fighting amongst ourselves. They make up these false conflicts to divide and conquer — democrats vs republicans, race vs race, old vs young, etc…

The real fight is elite international banking cartels vs everyone else in the world. Don’t be distracted.

Login or register to post comments by Sabibaby
on Sat, 10/23/2010 – 14:05
#672146
Roger that! Good luck trying to convey this to the Boomer’s, I doubt they care.

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 14:18
#672161

Roger that to both of you!  

These Boomers will not care until they feel pain.  In a world where interest rates have gone from 21% in 1981 to (less than) 0% today, THEY’VE BARELY FELT PAIN.

International Banking Cartels seem pretty swell under these circumstances,

…until they aren’t. 

Login or register to post comments by Escapeclaws
on Sat, 10/23/2010 – 14:21
#672162

We obviously need to cut back. First lets cut back on the military. We can make drastic cuts to the military–without endangering ourselves in the least–to the tune of trillions. If we eliminate our standing army, in accordance with the wishes of the founding fathers, that by itself would make a tremendous difference.

We can stop subsidizing residential real estate. We have enough housing stock for generations. We no longer need tax deductions for mortgage interest and taxes to encourage residential construction, as we did after WWII.

We could reform medical care. Allow a public option which would eventually put the private insurers out of business and eliminate that drag on the economy. People would have more money in their pockets to spend. Similarly, we could allow Americans to negotiate for the lowest prescription prices. In France, the same drugs at full price are one third the cost of what Americans pay.

We could tax corporations that move jobs overseas and do the bulk of their manufacturing with near slave labor. This would bring more jobs home and generate more income taxes and FICA.

We could outlaw banks charging usury by capping the interest rates they are allowed to charge at say 6%.  This would put more money in people’s pockets generating more economic activity and as a consequence, more income taxes and FICA.

We could stop QE and all the other attempts to bail out the rich by debasing the dollar. Interest rates could be allowed to reach their natural levels, which would help old people to live off the interest on their savings rather than having to invade the principal. Similarly, the Social Security trust fund could earn a decent rate of interest, rather than near zero. Undoubtedly, a big reason for Bruce’s projected shortfall and his panic over the need to cut back Social Security benefits is due to these artificially low interest rates which only exist to bail out the banks, and by extension the elites. Rather than bail out the too big to fails, they should be nationalized.

There are many ways to assure that Social Security will be there for everyone, young and old alike, without gutting the program or eliminating benefits. When people like Bruce talk about cutting back these programs which help ordinary people, one should always ask, “Cui bono?” ie, “to whom the benefit?”. In using tables and charts to alarm the younger generation, Bruce is himself inciting age warfare, even though this gives the appearance of pure objectivity. But the younger generation will be cutting off its own nose to spite its face if it falls prey to this type of propaganda. Old age comes faster than you imagine, young whippersnappers!

 

 

Login or register to post comments by Sabibaby
on Sat, 10/23/2010 – 14:29
#672179

FAIL!!!

We aren’t as gulible as you think we are Obamawanabe. Part of understanding how the reset button works is understanding that you yourself maybe lost in the reset.

You must have a Phd in Propoganda because thats some serious hope and change stuff right there.

Get-er Done!

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 14:59
#672228

TOOK THE WORDS RIGHT OUT OF MY MOUTH, Sabibaby!!!!!!!

Login or register to post comments by Matto
on Sat, 10/23/2010 – 15:14
#672241

Uncle chop chop,

I saw you quote Martin Armstrong, I read his writings a fair bit and am unsure what to make of him. He seems brilliant and very well informed, but I find myself wondering – perhaps that is exactly the ‘conman’s’ way. 

I’d be interested in your thoughts.

 

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 15:41
#672265

i’m reticent to outright endorse the man versus his ideas.  He definitely has genius in his original thoughts.  what type of family man is he?  I could not say.  He may be different things to different people.  So far, I very much appreciate what little I have read of his work.  And, for all I know, he could be a “political prisoner” of a certain type (perhaps like Peter Schiff’s father).  He definitely believes in freedom.  

In essence, I understand that there is a level of subversive behavior of his that both hurts us and helps us at the same time.  The system that Martin Armstrong protests is fraudulent, but we are forced to pick up the slack for those who cheat it (which seems like a lot of folks these days).  Did Martin Armstrong cheat?  I do not know.   

There are others much more than I who are well-versed in the Martin Armstrong cult following.  That said, the quote that I referenced above was put very, very well, and what I do know about Martin Armstrong I like overall.  He is a dissenting voice outside of the fiat-based Wall Street Industrial Complex.  

Login or register to post comments by Matto
on Sat, 10/23/2010 – 15:49
#672283

Thanks, i’ve certainly learnt a heck of a lot from his writings but will continue to keep a level of careful scepticism about them I guess.

He’ll be due for release in a year or so from memory so it’ll be interesting to see what happens after that. Its a wonder he wont be out earlier on good behaviour (presuming he has been good).

I’ll certainly keep reading him, as I too find him a breath of fresh air and his knowledge appears to be very well-rounded.

Quote from Chopper:

1/ Awww c’mon Keithie, I thought I was a good bloke
2/ Ha! What have you ever done that was good?
1/ Well, I bashed you…. that was good, wasn’t it?

Login or register to post comments by chopper read
on Sat, 10/23/2010 – 16:16
#672315

+1

Login or register to post comments by Escapeclaws
on Sat, 10/23/2010 – 16:02
#672296

Obamawannabee? Boy are you out to lunch. May you get what you wish for.

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