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Baby Boomers Don't Care About Leaving Money To Their Kids, Expect Their Kids To Be Poorer
Business Insider ^ | 04/20/2011 | Leah Goldman and Gus Lubin

Posted on 04/20/2011 11:55:05 AM PDT by SeekAndFind

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To: east1234

That is true.

I always found that troubling. They fought the good fight, came home and stopped fighting. Gave in to more socialism. Voted more of it in. Didn’t care to believe that commies WERE all over the government. Ignored it all.

I, looking back, can only think that they were so happy when they won, they didn’t care as much what happened to their own country. That the very thing they fought against was slowly winning the day, here.


41 posted on 04/20/2011 12:32:57 PM PDT by TruthConquers (.Delendae sunt publicae scholae)
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To: wizard61

Some yes not all.


42 posted on 04/20/2011 12:33:48 PM PDT by lakeman (Semper Fi)
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To: Night Hides Not

Well, based on how Brokaw originally described it, it was people who experienced the Depression & World War II, and particularly served in the later. I figure the latest someone could be born and serve in WWII was 1927.


43 posted on 04/20/2011 12:34:19 PM PDT by nickcarraway
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To: TruthConquers

“And they weren’t the Greatest Generation, they were the most duped generation. They bought into the SS scam and kept it going. Kept voting those Dems in. Even when the stories in the 70s came out about the “less people to support more retirees” was on the news, they didn’t care.

They also did NOTHING about their pay checks having their taxes taken out. NOPE, nothing was done. Of course, they inherited alot of socialism. And expanded on it.”

Bingo


44 posted on 04/20/2011 12:35:02 PM PDT by JDW11235 (I think I got it now!)
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To: JDW11235
Put the bong down! I graduated from college in '76. Which party had control of Congress from 54-94, or did you forget that too?

I doubt it was boomers who put Obama in office.

Boomers like me account for far more than half of Tea Party membership.

45 posted on 04/20/2011 12:35:38 PM PDT by Night Hides Not (If Dick Cheney = Darth Vader, then Joe Biden = Dark Helmet)
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To: nickcarraway
She was about 8 when World War II ended.

I saw the picture, she could barely see over the barrel of that 88 at Bastogne. ;)

46 posted on 04/20/2011 12:37:01 PM PDT by Tijeras_Slim
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47 posted on 04/20/2011 12:41:57 PM PDT by TheOldLady
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To: Night Hides Not

Wow, you’re so witty. You win! (Not really, the point has just already been made and you’re too busy ignoring reality).

“Boomers like me account for far more than half of Tea Party membership.”

Better 40 years late than never, but now it’s all going down anyway. You can help us rebuild.


48 posted on 04/20/2011 12:42:19 PM PDT by JDW11235 (I think I got it now!)
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To: TruthConquers

They? Every one of *them*?


49 posted on 04/20/2011 12:44:40 PM PDT by brytlea (A tick stole my tagline....)
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To: JDW11235

Yes, bingo.

The bigger point is that the troubles this nation is having now, were laid in long ago, long before the Boomers, long before the “Greatest”.

The foundation was laid in the origination of the FED in 1913. It is with fiat money that allows a welfare state to exist. There is no way that they could tax enough people to pay for all of their promises. Fiat allows them to appear to have the money to buy votes. It is fiat money that allows politicians to make promises with other people’s money. INflated money does not make for real wealth. The house of cards foundation goes back that far.

The destruction of the dollar will hurt EVERYONE. The ponzi scheme will collapse. It is beyond generational now. In fact, the whole SS mess has hurt many families and that continues to this day. The foundation of families destruction was begun with SS. The gays are just building on the foundation laid by FDR.

This generational infighting doesn’t do anything but keep people from properly identifying who the REAL culprit is.

It is fiat money, it is the politicians lies, it is the elites against the rest of us, REGARDLESS of which generation you are.


50 posted on 04/20/2011 12:48:15 PM PDT by TruthConquers (.Delendae sunt publicae scholae)
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To: Lakeshark

Boomers didn’t have to “Push the leftist agenda” to let it happen on their watch. That’s the problem, they should have fought socialism tooth and nail (Including social security, which by the way was supposed to SUPPLEMENT retirement, not provide it), but instead they embraced it. Most still do. It’s a ponzi scheme, and they’ll soon lose it completely either by the program or the value of the dollar being being obliviated, probably both, in reverse order.


51 posted on 04/20/2011 12:49:04 PM PDT by JDW11235 (I think I got it now!)
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To: SeekAndFind
Silent Generation is a label for the generation born from 1925–1945 notably during the Great Depression (1929–1939) and World War II (1939–1945).

In Generations, William Strauss and Neil Howe define this generation as an Artist/Adaptive generation. An Artist (or Adaptive) generation is born during a Crisis, spends its rising adult years in a new High, spends midlife in an Awakening, and spends old age in an Unraveling. Artistic leaders have been advocates of fairness and the politics of inclusion, irrepressible in the wake of failure. In a broad view, their labeling as an "Artistic" generations seems apt and the term "silent" might even be applied ironically. Most rock stars of the 60s were of the Silent Generation. If the last birth year of the Silent Generation was 1942, it would contain bands such as the Beatles as well as rock stars such as Frank Zappa, and Jimi Hendrix. Elvis Presley was also of this generation, as were some of the most famous movie stars of all time such as Marlon Brando, Marilyn Monroe, Clint Eastwood and James Dean. This generation contributed greatly to African American music, like soul music and rhythm & blues, producing singers like Ray Charles, Little Richard, James Brown, Marvin Gaye, guitarist B.B. King, producer Quincy Jones, and Tina Turner. Keeping to the "Artist's" advocacy of fairness and the politics of inclusion, many leaders in the civil rights movement came from the Silent Generation, along with a wide assortment of artists and writers who fundamentally changed the arts in the United States. The Beat Poets, for example, were members of the Silent Generation, as were Martin Luther King, Jr and Gloria Steinem. -Credit to Wikipedia.

Check the birthdates of your favorite socialists and "traitors". You'll find that many that you thought were boomers, are actually fromt he Silent generation.

52 posted on 04/20/2011 12:49:40 PM PDT by Ol' Sox
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To: Captain Peter Blood
What the retirement future holds for our generation no one really knows.

I'm one who doesn't have to worry about retirement: by the time my 9 YO son graduates from college, I'll be in my 70s.

I'm planning for the future, though: a big plank of my retirement planning is working at Luby's a few days a week.

No reverse mortgage for me, FRiend! LOL!

53 posted on 04/20/2011 12:51:24 PM PDT by Night Hides Not (If Dick Cheney = Darth Vader, then Joe Biden = Dark Helmet)
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To: brytlea

LOL, I am pretty sure “The Greatest Generation” was not applicable to EACH AND EVERY member, right? Now I’m wondering if your parents taught you about set theory and logic. Say, you know I am just kidding — right?


54 posted on 04/20/2011 12:52:04 PM PDT by wizard61 (Hack the Narrative!)
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To: brytlea

To have a discussion about large issues, generalizations are required.

Getting into “no one group is all the same” issues is a distraction to the overall point.
Kind of like “everything is relative”, it goes nowhere and no deeper understanding can occur.

;)


55 posted on 04/20/2011 12:52:09 PM PDT by TruthConquers (.Delendae sunt publicae scholae)
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To: nickcarraway
"I figure the latest someone could be born and serve in WWII was 1927."

That's a decent ballpark, but the small end of the bell curve goes a little beyond that. David Hackworth was born in 1930 and joined the Merchant Marine when he was 14. He then lied again the following year to enlist in the Army where he stayed until 1971 (with a two year break in service after Korea.)

56 posted on 04/20/2011 12:54:07 PM PDT by Joe 6-pack (Que me amat, amet et canem meum)
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To: JDW11235

Have you worked all your life and had money taken from your paycheck all those years, only to find you have been robbed?

Blaming one group is not the solution, in fact, I am sure the politicians are quite happy to see the population blaming each other instead of the politicians and the FED who caused all of this.

If you want to fix this, focus on the REAL cause.
Not just some old folks who are easy targets.


57 posted on 04/20/2011 12:55:50 PM PDT by TruthConquers (.Delendae sunt publicae scholae)
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To: TruthConquers

Spot on. The problem’s started in the 1800’s if we want to go that far back, but if people are trying to fix the problem now, they could have certainly done so 20, 30, 40 years ago. The problem was that the dollar and economy hadn’t begun to collapse yet. It’s only when people are about to lose everything (most will, it’s inevitable now), that they start to take an interest, and that’s the problem. It’s not unique to our society, or even our time in world history. The problem is that like the monkey with his hand on the nut in the monkey trap, they would rather our whole country go under, than give up the ponzi scheme.

If (and I highly, highly stress the “if”) anything is owed to anyone for SS, there should be a one time payment of all money’s paid into SS, minus all payments disbursed, repaid with interest in one lump sum. Then there’s no more footing for the complaint of “we paid into it.” People get taken by con men a lot, apparently it was big with politicians throughout the 1900’s. Not everyone drank the koolaid, we just have had, and continue to have to pay for the ones who did.


58 posted on 04/20/2011 12:56:47 PM PDT by JDW11235 (I think I got it now!)
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To: TruthConquers

“Have you worked all your life and had money taken from your paycheck all those years, only to find you have been robbed?”

Yes, and yes.

“I am sure the politicians are quite happy to see the population blaming each other instead of the politicians and the FED who caused all of this.”

You can only blame so much on bankers and politicians. “We the people” are the ones that gave them their power.


59 posted on 04/20/2011 1:00:24 PM PDT by JDW11235 (I think I got it now!)
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To: SeekAndFind

Nobody, including kids should expect to be left a damn dime, especially when they run out and rah and cheer a communist. They deserve to get nothing. After all, they can just get it from their hero, Obama.

My ex ruined our life worrying about whether his Greatest Generation Dad would leave him a bunch of stuff he wanted.
3 kids and they all got very little because his dad’s 2nd wife got it all.

Then he preceded to make life more miserable with anger over it.

Sad thing was he was doing fine without any of it.

A lesson to be learned here is nobody owes you anything.

Want something? Go work for it and if you do get left anything. Be very happy about it.

Consider yourself blessed, not entitled.


60 posted on 04/20/2011 1:01:17 PM PDT by dforest
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