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The article has some convincing evidence this is the track we are on. I liked the article in it's whole, not in 100% agreement on when the problems really began to occur. I see the problems beginning with Nixon taking the US off of the gold standard in 1971 as the beginning of the finance economy, expansion through debt as an economic model. As we are finding out, expansions by debt issuance never last, especially with a depreciating currency and inflation exceeding wages over the last four decades. The charts are fantastic.
1 posted on 07/13/2009 9:03:28 AM PDT by iThinkBig
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To: iThinkBig
THE AUDACITY OF TRUTH ABOUT BARACK HUSSEIN OBAMA

AN AMERICAN TEA PARTY SPEECH FOR JULY 4TH

2 posted on 07/13/2009 9:09:15 AM PDT by Jeff Head (Freedom is not free...never has been, never will be. (www.dragonsfuryseries.com))
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To: iThinkBig

GREAT article.


3 posted on 07/13/2009 9:11:55 AM PDT by Lazamataz (Too sick for words!)
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To: qam1; ItsOurTimeNow; PresbyRev; Fraulein; StoneColdGOP; Clemenza; m18436572; InShanghai; xrp; ...
Xer Ping

Ping list for the discussion of the politics and social (and sometimes nostalgic) aspects that directly effects Generation Reagan / Generation-X (Those born from 1965-1981) including all the spending previous generations are doing that Gen-X and Y will end up paying for.

Freep mail me to be added or dropped. See my home page for details and previous articles.

4 posted on 07/13/2009 9:15:53 AM PDT by qam1 (There's been a huge party. All plates and the bottles are empty, all that's left is the bill to pay)
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To: iThinkBig
The nation could be ruined, its democracy destroyed,

Let's hope so.

Maybe next time we could try a representative republic.

5 posted on 07/13/2009 9:16:58 AM PDT by HIDEK6
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To: iThinkBig

6 posted on 07/13/2009 9:18:07 AM PDT by allmendream ("Wealth is EARNED not distributed, so how could it be redistributed?")
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To: iThinkBig
Barack Obama became the 1st Generation Xer to be elected President of the United States.

Barack Obama and Governor Palin are Boomers. 1946-1964.

7 posted on 07/13/2009 9:18:29 AM PDT by ansel12 (Romney (guns)"instruments of destruction with the sole purpose of hunting down and killing people")
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To: iThinkBig

To be honest, I think that we do go through generational cycles of privilege and hardship. But there are too many details in this analysis that I disagree with for me to put much credence in it.

Yes, there are such cycles. And, yes, we are entering a period of crisis. But I don’t find this particular analysis especially helpful.


8 posted on 07/13/2009 9:18:37 AM PDT by Cicero (Marcus Tullius)
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To: iThinkBig

If the U.S. goes down the World will be entering into the 2nd Dark Ages. Not a pretty prospect.

This “little baby” is ours to deal with.

There CAN be NO Recovery until Obozo is out of office.

Sooner the better.


10 posted on 07/13/2009 9:21:57 AM PDT by Texas Fossil (The last time I looked, this is still Texas where I live.)
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To: iThinkBig

A bit overwrought. We’re going to go the way of the British Empire. We won’t rule the world anymore. So it goes.


11 posted on 07/13/2009 9:22:00 AM PDT by Wolfie
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To: iThinkBig

I read Strauss and Howe’s book when it first came out.


12 posted on 07/13/2009 9:24:22 AM PDT by Paleo Conservative
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To: iThinkBig

ping


15 posted on 07/13/2009 9:35:33 AM PDT by mek1959
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To: iThinkBig

ping


22 posted on 07/13/2009 9:50:33 AM PDT by Obadiah (Obama: Chains you can believe in!)
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To: iThinkBig
The first George Bush administration was marked by the Gulf War, which planted the poisonous seeds for our future War on Terror,

This is debatable. I think the seeds for that war were well before that, a la Jimmah Carta.

23 posted on 07/13/2009 9:53:04 AM PDT by b4its2late (Ignorance allows liberalism to prosper.)
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To: iThinkBig

Good article.
What people learn from history is that people don’t learn from history. That’s why we’re doomed to repeat it. Always starts with a minor incident as the elimination of natural law from society and society snowballs from there.
My global graph says we won’t hit bottom for ten years and won’t see a recovery for twenty. (That’s globally, though. What happens to the USA is anyone’s guess.)


31 posted on 07/13/2009 10:10:57 AM PDT by griswold3
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To: iThinkBig
Hm. I'm OK with the idea of these cylclic "turnings" in a general sense. OTOH, I think it's a mistake to try to paint the transitions as starkly as Mr. Quinn tries to do.

I think Mr. Quinn also makes a mistake by trying to apply the ideas to current events. He appears to rely very strongly on his own peeves (for lack of a better word) to describe the current cycle; and of course in so doing it makes his own outlook seem "prophetic."

There's just enough reality there to make his assessment superficially plausible; however, he also clearly has to fudge some of the conditions (e.g., was there really weaker government during the '70s? Did the "culture wars" really begin in 1984, or did they actually start much earlier?).

Also, he selects WWII as the "crisis" when in fact the Depression and its resultant change in governmental systems would probably be a more accurate choice .... but of course, then he couldn't invoke (and blame) the Boomers with the same authority.

Most importantly, Quinn seems to ignore the effects of the outside world on what he seems to treat as a purely American phenomenon. That's flat-out incorrect: it's impossible to assess "Turnings" in America without reference to those in China and elsewhere.

To be useful, the theory has to be assessed in a global context, and must account for the possibility that "Turnings" in different parts of the world may be at different stages. For example, is China at the same place we are? I tend to think not; and yet China's turnings interact with ours.

Bottom line, I guess, is this: the theory of "Turnings" is a useful way to look at history, and to spot very broad trends in current events; but it's next to useless as a predictive measure, because it requires the "prophet" to know more about how the future actually will occur, than he can possibly do.

33 posted on 07/13/2009 10:12:39 AM PDT by r9etb
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To: iThinkBig
According to the author, Obama is the poster boy for Gen-X.

okay.

37 posted on 07/13/2009 10:29:39 AM PDT by wtc911 ("How you gonna get back down that hill?")
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To: iThinkBig
James Quinn a senior director of strategic planning for Harvard University. The Harvard Endowment took a 22% dive in 2008, the largest in their history. They are expecting another 30% by the end of this fiscal year.

Why should I listen to anything he says? He clearly did not see the financial collapse coming, but he has plenty to say now.

38 posted on 07/13/2009 10:36:19 AM PDT by Dr. Thorne (Buy Gold and Guns Now!)
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To: iThinkBig
The nation could be ruined, its democracy destroyed, and millions of people scattered or killed. Or America could enter a new golden age, triumphantly applying shared values to improve the human condition.

I think it will be the first one: nation ruined, democracy destroyed, millions of people scattered and killed.

40 posted on 07/13/2009 10:44:03 AM PDT by Red Boots
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To: iThinkBig

Read the article - that was depressing. But it confirms what I feel in my gut. My intuition has been in overdrive for the past few years concerning social collapse, war, and mayhem - and the election of our first socialist president hasn’t quelled those feelings. What the author doesn’t say in his glowing appraisal of Obama, but hints at broadly, is that Obama is the Lenin of the changes coming up - but the Stalin has yet to emerge.

The other voice comes from my interactions with the Baha’i community, who fearlessly tell me that the era of large wars has ended and that we are entering a period they call “the Lesser Peace.” I can’t see that happening without the values and strength of American civil tradition intact. Perhaps we’ll get to the precipice and looking into it will be enough. On the other hand, the Lesser Peace still means turmoil, the occasional EMP blast over the Midwest, riots, and individual acts of jihad.

As always, I fear for my son, who is blissfully sitting upstairs watching cartoons.


41 posted on 07/13/2009 10:54:34 AM PDT by redpoll
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To: iThinkBig
From the article:Barack Obama became the 1st Generation Xer to be elected President of the United States.

Huh? Obama is a Boomer, not a Generation Xer.

44 posted on 07/13/2009 11:08:26 AM PDT by inflorida
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