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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (520588)	11/8/2012 2:58:29 AM
From: Maurice Winn	6 Recommendations Read Replies (1) \| Respond to of 793608

Sure it's moral to get our children to pay for all that has gone before. We built it, they should pay for it, not just inherit it for no effort. The problem is how to get them to do that. <But the fact that the majority of the people in this country cannot see that it is not moral to borrow from our children's future to get free stuff today > As you can see in Greece right now, "our children" are refusing to pay for the retired kleptocrats. Those wanting to continue getting paid via borrowed money are being told "Sorry, that's all folks. No more loot. Get a real job." In the USA, the problem is not going to be for "our children" or our children's children. It's going to be the baby boomers who come to grief. The money is nearly all borrowed and the day of reckoning is nigh. Already, for Xmas this year, a fiscal cliff looms. When the taps run dry and Big Ben is pixelating new money flat out to avoid bankruptcy, our children and children's children will have jobs while the baby boomers will be entering their dotage hoping for a handout for their medical conditions, groceries and accommodation. Maybe even for a tank of gasoline now and then. But the till will be dry. Firemen, police and teachers who retired on huge promises of flooding loot for decades to see them out are going to find that as with their Greek counterparts, there isn't enough money to keep them in the manner to which they have become accustomed. Our children and our children's children, who are actually newly arrived Mexican invaders, Islamic Jihadists, mainland Chinese, hordes of Indians, and any number of others from around the world, are not going to feel inclined to pay for dissolute baby boomers who wasted a fantastic lifetime of opportunity. Our children and children's children will have the numbers and will vote not to pay for a swarm of dead beat baby boomers. Even if the US$ is diluted to zero and the whole proceeds handed to the baby boomers, there won't be enough to keep them in a cushy lifestyle until they are 80. As the Greek equivalents find themselves in the same situation, with budgets slashed and payments defaulting, they are moaning and rioting. As fighting starts, revenue and tax receipts fall further. Tourists won't want to go to Disneyland if they have to try to get through gunfire on the freeway through El Segundo. Tourism in Egypt is not going all that well. Syria's receipts are down too. One of our daughters and her husband visited there three years ago. I did not think it a good idea because it looked as though what is happening could have happened at any time. Not many free-worlders are going there now. Mqurice