Thursday, October 29, 2009

Intergenerational debt; women and minorities hit hardest.

Massive intergenerational debt, if you think about who will pay for it, will hit folks who tend to live longer, and folks who are young or will be born in the future.

It is well known that women tend to outlive men by quite a few years; if you doubt me ask yourself how many widows you know verses how many widowers you can think of.

Next who has been having children, especially multiple children, and whose children are most likely to have multiple children? Answer minorities (and those crazy Orthodox Catholics who although a minority are not a favored minority so they don't matter.)

So I have to wonder why the headlines aren't screaming "Massive intergenerational debt; women and minorities hit hardest. This headline should be followed by an article explaining how only racists and sexists could back this kind of spending.

Hmm, this is the problem with a partisan media; their attacks on candidates that favor traditional values are suspect and when liberal politicians are in office their short-comings are not brought to public attention at all.

This sort of thing just serves to fuel up the DNC V.S. RNC - you must take a side dynamic. The effect of this culture of Lies and exaggerated hit-pieces sucks everyone in to take a side and focus on winning the next election rather than the real issue which is changing the trend of our country.

Our country has been and is trending toward government backed collectivism; bigger box stores, every restaurant is now a chain, all our small stores,farms and banks are disappearing. Our bigger and bigger businesses are being tied down by a full figured national socialism which is a hybrid of capitalism and socialism or the predictable result of government backed capitalist collectivism.F.D.R. may have started the government on the path of destroying small businesses through regulation compliance costs that deliberately targeted small businesses, but every government since then has either done nothing to stop it or has furthered it with a government supplied easy-money policy.

The easy money destroyed family financed businesses and the new businesses that were created in this destruction soon found the money had strings attached. Now the government has tacit control of every company that is "Too big to fail", but maintaining these businesses costs money. The debt is growing so fast that it is getting to a tipping point at which it will not be able to be paid off and now it seems that none of the fakes actually cared about women and minorities after all.

No comments: