Our goal is to shrink government to the size where we can drown it in a bathtub… Grover Norquist GOP
"How can it be that it is not a news item when an elderly homeless person dies of exposure, but it is news when the stock market loses 2 points?" … Pope Francis
You hear from Paul Ryan and his generation, the hypothetical generational theft to come if Social Security and Medicare are not gutted for the current baby boom generation ready to retire. Blah blah blah, we baby boomers have heard it over and over again.
Well generational theft is real and it’s here. They are the Reagan generation of instant gratification without working for anything. They started out selling insurance under Reagan and just kept selling magic beans to whomever they could bilk out of their life savings. They bleed their parents, and family members to invest in their latest scheme. They know the cost of everything and the value of nothing.
They are the real generational thieves, the tail end of the baby boomers born after 1950. You know who they are. They are the generation that didn’t have to go to war during the
era and therefore are always anxious for the next war they won’t have to
They are the blowhards that say, you have to spend money to make money. They are Republicans and voted for George W. Bush and Ronald Reagan. They want to privatize Social Security because all those billions of dollars sitting in Social Security could be invested in the stock market for higher returns. Social Security and Medicare are the old way; they have the new, get rich quick way.
They are the ones that came up with ARM loans so you could buy a Mc Mansion with little to no money down. The premise they came up with regard to ARM loans was, you always would make more money, so don’t worry about tomorrow.
They always had a new car, kept buying bigger and bigger homes, boats, vacation condo’s, the sky was the limit. And they were able to keep up that lifestyle by bilking “stupid” people out of their hard earned money.
The baby boomers were the ones who put 20% down to buy a modest home. Baby boomers took out 30 year mortgages and saved in their 401K for retirement. They paid into Social Security and Medicare, fought the wars and knew the value of a dollar. When the Reagan generation wanted to privatize Social Security, baby boomers said “no”, that’s fool hardy.
So the Reagan generation came up with mortgage backed securities. Those securities were worthless junk but Reganites paid the securities rating agencies to rate them as triple A. They then sold those worthless securities to teachers unions and government workers unions and municipalities as triple A, low risk, low return, in for the long haul investments.
Many of them in their 30’s, 40’s and 50’s became billionaires on Wall Street selling that crap to Baby Boomers. Now that the entire pyramid scheme has collapsed they are in our government and protect themselves from prosecution by offering to pay fines in order to remain free to do it again.
The Wimpy Ronald Reagan generation would always pay you Tuesday for a hamburger today. They always had a new get rich quick scheme. Then when things went belly up on their latest scam they would file bankruptcy every seven years and start again.
Where the baby boomers respect and admire the experience and wisdom of their elders, the Reagan generation looks at them as prospects; stupid people who worked for a living. When you are a smart Reaganite, you let the stupid work and you make money off of them.
They are the ones who walk into the bar and buy a round for everyone. The Mr. Big, who you always wonder, where did they get all that money?
Now the bar tab is due, and they blame the $17 trillion dollar debt on the baby boomers, and their desire to retire with security. They have cleaned out 401K’s and government pensions and now stand with their pockets inside out saying “it’s generational theft to expect our children to work”.
Rather than prosecuting them for their generational theft of our retirement funds and government pensions, and savings they now want to return to the “cat food” days when all the elderly could afford to eat was cat food. But now, cat food costs the same as people food, because it is a Wall Street commodity.
The Reagan generation looked at the U.S. Postal Service and saw money to be taken. Rather than taxpayers of this country expecting their government to provide basic services, the Reaganites want to privatize the postal service into a for profit business. Instead of citizens enjoying reasonable postal rates for shipping, get ready for that $10 package you need to ship costing $50.
The Reagan generation looked at all that government money going into our public schools and decided to redirect those tax dollars into private charter schools. They fired tenured teachers with master’s degrees and filled those slots with inexperience teachers. In private charter schools the accountability they demand in public schools does not exist. The public schools federal food subsidies are cut and hungry children cannot learn.
The Reagan generation looked at government workers and all their pension money and went after the largess. They say the government cannot provide the same level of services that the private sector can for less. They demand government be cut down by eliminating jobs and give tax breaks to the wealthy.
The Reagan generation hates government subsidies for Amtrak and starve their budget then complain that Amtrak isn’t efficient and is a waste of taxpayer money. Over 30 million people use Amtrak.
So this Thanksgiving there won’t be much to be thankful for, Republicans have cut SNAP (Supplemental Nutritional Assistance Program) just in time for the holidays. While Republicans gorge themselves for Thanksgiving, many, many go hungry.
Happy Thanksgiving from the GOP. They have finally shrunk
enough to drown in a bathtub.
By Patricia Baeten