• Digg
• Bury

I am a boomer, it happens to be when I was born. I really had no say at all in when my parents copulated.
I have been one, who for years, has said: I am for social programs but we need to pay for them. I have volunteered all my life, to help others. I even think a war should be paid in full, within 10 years. Congress vote for WAR, vote the taxes in to pay for that War with your declaration of war. It would force then to at least, look at dollar costs of what they do.
Yes it was this group that spent way more than they bothered to pay for, it is addicting to live on credit. But citizens had a lot of help from those elected officials. Reagan said, Deficits don't matter. He is a GOP hero today? The big money discovered they could buy both legislation, and deregulation. Wages went lower, and lower and to create spending, of money we didn't have anymore, BANKS came up with credit cards. Many in my group fell for the new gimmick ability to spend on s**t that would not even work by the time they paid 1/2 of the bill. ( I don't use credit myself for anything but a mortgage.) When that happened it did not benefit people like me. It did benefit those with wealth. And it benefited those who were wealthy greatly, to the eventual meltdown of the Stock Market, and my savings.
????
I do wonder if your group will do better. I hope so. But I see signs you too, are being sucked in. Is an iphone really needed, while you are "using a loan" to pay for college? I think it is awful that loans are now the way for most kids to go to college, I worked my way through school, Bachelors and Masters. But I did that working a minimum wage job. Minimum wage is so low today, Boehner should cry! I paid for a course with 30 hours of work, Boehner did too. I lived at home, went to community college and then the closest University to my home. I rode my bike.
I am watching my children. I see some real problems ahead for them and their children. I know I have to work at correcting many of today's issues to give them a shot.
That Deficit must be paid down, I agree.
Having just buried my parents, I can tell you SS and Medicare are needed, if you are not wealthy. They both worked and did own a modest home. Little savings, as they worked low wage jobs. The last years of life for the human body are the most costly. I could not have kept up with just their medical costs, and I guarantee you, I paid out of my own pocket to help with living costs, that kept rising each year. End the safety net, SS and Medicare, and then place your elderly parents on the street or pay the entire cost yourself? One medical bill today, will end you. I know you are young, but with each day, you are aging. With age, if you are human, your body too, will require much cost.
I wish you luck sir, my children are your age. They are not mad at me. They know what I personally stand for.
I do believe in help for those without my advantages, but I know what ever costs there are, must be paid.

And remember, Wall Street is not your personal friend. It has huge risk, with every dollar, and is "currently rigged" against your doing well, as a small investor. Stock price is no longer based on any company value, but the manipulated prices of hedge funds and insiders.

• Reply