Stop the Fiscal War Against Our Children Now

Bloomberg | 2011-06-29 | Laurence Kotlikoff

[rabscuttle385]

Link only, per FR posting rules

[YHAOS]

Yesterday, this day’s madness did prepare.

[rwh]

The problem is the shoe isn’t going to drop on our children. It’s going to drop on us!

[org.whodat]

The little man from Texas, with the bad hair cut, pointed this out all the time, the sad part is it about 80 trillion higher now.

[Blood of Tyrants]

The numbers are unreal because that number is far greater than the value of every property and every item on earth.. Why not just say that the debt is a bazillion dollars?

[dhs12345]

Exactly. They’ll pay us in “bazillion” dollars. BTW, where is bazillion? It that in Asia somewhere?

[rabscuttle385]

The numbers are unreal because that number is far greater than the value of every property and every item on earth..

You forgot the value of the future labor and production of U.S. taxpayers who produce to the tune of $14 Trillion annually.

[tumblindice]

The good want power, but to weep barren tears.
The powerful goodness want: worse need for them.
The wise want love, and those who love want wisdom;
And all best things are thus confused to ill.

[familyop]

No, no big dollar for you, Bloomberg. We’ll complete the default process and clean things up to start rebuilding for the children. They need new, pro-American, socially old fashioned, anti-globalist leadership in every level of business, politics and academia, and they’re going to get that. Stop whining. There’s nothing that you can do fix the machine of corporate socialism anyway.

[YHAOS]

The good want power, but to weep barren tears.
The powerful goodness want: worse need for them.
The wise want love, and those who love want wisdom;
And all best things are thus confused to ill.

OK. Who wrote it?