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> <channel><title>Comments on: Generation Debt: Our Children will Hate Us</title> <atom:link href="http://www.darwinsfinance.com/generation-debt-our-children-will-hate-our-generation/feed/" rel="self" type="application/rss+xml" /><link>http://www.darwinsfinance.com/generation-debt-our-children-will-hate-our-generation/</link> <description>Financial Evolution: Education, Adaptation, Achievement</description> <lastBuildDate>Mon, 06 Feb 2012 15:43:23 +0000</lastBuildDate> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <generator>http://wordpress.org/?v=3.3.1</generator> <xhtml:meta xmlns:xhtml="http://www.w3.org/1999/xhtml" name="robots" content="noindex" /> <item><title>By: Jack</title><link>http://www.darwinsfinance.com/generation-debt-our-children-will-hate-our-generation/#comment-55404</link> <dc:creator>Jack</dc:creator> <pubDate>Sat, 04 Feb 2012 02:51:27 +0000</pubDate> <guid
isPermaLink="false">http://www.darwinsfinance.com/?p=91#comment-55404</guid> <description>Dear Mom and Dad,
To **** the both of you.</description> <content:encoded><![CDATA[<p>Dear Mom and Dad,</p><p>To **** the both of you.</p> ]]></content:encoded> </item> <item><title>By: Bret @ Hope to Prosper</title><link>http://www.darwinsfinance.com/generation-debt-our-children-will-hate-our-generation/#comment-12753</link> <dc:creator>Bret @ Hope to Prosper</dc:creator> <pubDate>Sun, 14 Aug 2011 18:27:49 +0000</pubDate> <guid
isPermaLink="false">http://www.darwinsfinance.com/?p=91#comment-12753</guid> <description>&lt;a href=&quot;#comment-12689&quot; rel=&quot;nofollow&quot;&gt;@Gary W&lt;/a&gt;,
Gary,
Really? You are going to try to blame the deficit on President Reagan?  So, Bush and Obama had nothing to do with it?  And Congress didn&#039;t appropriate the money?
I didn&#039;t blame anything on future generations.  I simply said they are going to have to step up to solve these problems, like we did in our generation.
Then, you are going to wish that I die a horrible death.  Man, I feel sorry for you in more ways than one.</description> <content:encoded><![CDATA[<p><a
href="#comment-12689" rel="nofollow">@Gary W</a>,</p><p>Gary,</p><p>Really? You are going to try to blame the deficit on President Reagan?  So, Bush and Obama had nothing to do with it?  And Congress didn&#8217;t appropriate the money?</p><p>I didn&#8217;t blame anything on future generations.  I simply said they are going to have to step up to solve these problems, like we did in our generation.</p><p>Then, you are going to wish that I die a horrible death.  Man, I feel sorry for you in more ways than one.</p> ]]></content:encoded> </item> <item><title>By: Gary W</title><link>http://www.darwinsfinance.com/generation-debt-our-children-will-hate-our-generation/#comment-12689</link> <dc:creator>Gary W</dc:creator> <pubDate>Sat, 13 Aug 2011 21:09:02 +0000</pubDate> <guid
isPermaLink="false">http://www.darwinsfinance.com/?p=91#comment-12689</guid> <description>&lt;a href=&quot;#comment-4065&quot; rel=&quot;nofollow&quot;&gt;@Bret&lt;/a&gt;,
Don&#039;t blame the unconscionable and totally unjustified trillion-dollar tax cuts, by which Republican presidents created this mountain of debt, on future generations. Your generation elected the monsters.
Google David Stockman. He was the Gipper&#039;s Axman, and he now says he is sorry. Poor guy ran around all the pundits and the pols trying to tell them we need $500B a year more revenue - reversing himself.
Don&#039;t worry, daddy-O, you will get yours back. Medicl science will make sure you die of some horrific disease like Reagan.</description> <content:encoded><![CDATA[<p><a
href="#comment-4065" rel="nofollow">@Bret</a>,<br
/> Don&#8217;t blame the unconscionable and totally unjustified trillion-dollar tax cuts, by which Republican presidents created this mountain of debt, on future generations. Your generation elected the monsters.</p><p>Google David Stockman. He was the Gipper&#8217;s Axman, and he now says he is sorry. Poor guy ran around all the pundits and the pols trying to tell them we need $500B a year more revenue &#8211; reversing himself.</p><p>Don&#8217;t worry, daddy-O, you will get yours back. Medicl science will make sure you die of some horrific disease like Reagan.</p> ]]></content:encoded> </item> <item><title>By: Aury (Thunderdrake)</title><link>http://www.darwinsfinance.com/generation-debt-our-children-will-hate-our-generation/#comment-5967</link> <dc:creator>Aury (Thunderdrake)</dc:creator> <pubDate>Tue, 25 May 2010 02:33:32 +0000</pubDate> <guid
isPermaLink="false">http://www.darwinsfinance.com/?p=91#comment-5967</guid> <description>I can think of a lot of solutions that could perhaps turn this chilling yet incredibly true statement and picture for the better.
...I cannot say for the corruption we have in our political cabinets.</description> <content:encoded><![CDATA[<p>I can think of a lot of solutions that could perhaps turn this chilling yet incredibly true statement and picture for the better.</p><p>&#8230;I cannot say for the corruption we have in our political cabinets.</p> ]]></content:encoded> </item> <item><title>By: Money hints</title><link>http://www.darwinsfinance.com/generation-debt-our-children-will-hate-our-generation/#comment-5240</link> <dc:creator>Money hints</dc:creator> <pubDate>Sun, 11 Apr 2010 05:31:52 +0000</pubDate> <guid
isPermaLink="false">http://www.darwinsfinance.com/?p=91#comment-5240</guid> <description>It is up to us to get out of this mess. We know it wont be obama that is going to do it. He is only leading us in the other direction.</description> <content:encoded><![CDATA[<p>It is up to us to get out of this mess. We know it wont be obama that is going to do it. He is only leading us in the other direction.</p> ]]></content:encoded> </item> <item><title>By: Bret @ Hope to Prosper</title><link>http://www.darwinsfinance.com/generation-debt-our-children-will-hate-our-generation/#comment-4384</link> <dc:creator>Bret @ Hope to Prosper</dc:creator> <pubDate>Mon, 22 Feb 2010 17:54:19 +0000</pubDate> <guid
isPermaLink="false">http://www.darwinsfinance.com/?p=91#comment-4384</guid> <description>@Fred,
Unfortunately, most of our generation will desperately need their Social Security benefits to survive.  I&#039;m hoping I won&#039;t have to depend on them, but I could always get sick.  And, I suspect people with high retirement incomes won&#039;t get as much SS in the future.  They have to cut back somewhere.
But, to call someone selfish because they want the benefits they paid for their entire working life is pretty disingenuous.  You are asking so much and offering so little.  What do you intend to sacrifice for the benefit of our country?  What are you doing to fix the problems?
Waiting for the selfish old people to die off doesn&#039;t sound like much of a plan to fix Social Security.  It&#039;s going to be up to your generation, not ours.  You had better think of something besides blaming the people who funded the system.
Talk is cheap.  Blame is free.  Action is priceless.</description> <content:encoded><![CDATA[<p>@Fred,</p><p>Unfortunately, most of our generation will desperately need their Social Security benefits to survive.  I&#8217;m hoping I won&#8217;t have to depend on them, but I could always get sick.  And, I suspect people with high retirement incomes won&#8217;t get as much SS in the future.  They have to cut back somewhere.</p><p>But, to call someone selfish because they want the benefits they paid for their entire working life is pretty disingenuous.  You are asking so much and offering so little.  What do you intend to sacrifice for the benefit of our country?  What are you doing to fix the problems?</p><p>Waiting for the selfish old people to die off doesn&#8217;t sound like much of a plan to fix Social Security.  It&#8217;s going to be up to your generation, not ours.  You had better think of something besides blaming the people who funded the system.</p><p>Talk is cheap.  Blame is free.  Action is priceless.</p> ]]></content:encoded> </item> <item><title>By: fred</title><link>http://www.darwinsfinance.com/generation-debt-our-children-will-hate-our-generation/#comment-4346</link> <dc:creator>fred</dc:creator> <pubDate>Sat, 20 Feb 2010 03:43:39 +0000</pubDate> <guid
isPermaLink="false">http://www.darwinsfinance.com/?p=91#comment-4346</guid> <description>Is this a generational issue?  As for the last comment, if your generation is so wonderful, why don&#039;t you make a wonderful sacrifice to our nation by refusing to accept any social security benefits.  I&#039;m guessing here, but I bet the answer is some form of &quot;no way, I paid my share and now I want mine.&quot;  And that, in a nutshell, is the problem with our nation, and a particular generation that loves itself more than it loves the well-being of this country.  Unfortunately, that generation holds much of the power in business, industry, and government.  For now.  Change will come, but we&#039;ll need to wait out the extinction of the selfish ones, who, I promise, will eventually die out notwithstanding their never ending quest to recapture their youth.</description> <content:encoded><![CDATA[<p>Is this a generational issue?  As for the last comment, if your generation is so wonderful, why don&#8217;t you make a wonderful sacrifice to our nation by refusing to accept any social security benefits.  I&#8217;m guessing here, but I bet the answer is some form of &#8220;no way, I paid my share and now I want mine.&#8221;  And that, in a nutshell, is the problem with our nation, and a particular generation that loves itself more than it loves the well-being of this country.  Unfortunately, that generation holds much of the power in business, industry, and government.  For now.  Change will come, but we&#8217;ll need to wait out the extinction of the selfish ones, who, I promise, will eventually die out notwithstanding their never ending quest to recapture their youth.</p> ]]></content:encoded> </item> <item><title>By: Bret</title><link>http://www.darwinsfinance.com/generation-debt-our-children-will-hate-our-generation/#comment-4065</link> <dc:creator>Bret</dc:creator> <pubDate>Wed, 03 Feb 2010 23:43:46 +0000</pubDate> <guid
isPermaLink="false">http://www.darwinsfinance.com/?p=91#comment-4065</guid> <description>Darwin,
This is a thought-provoking post.
But, I&#039;m going to have to disagree with your assesment here.
As a middle-aged guy (age 45, end of the baby boomers), what I have seen is our generation has worked really, really, hard not only for our families and for ourselves, but for the betterment of our country and the entire world.  Our generation learned math and science in school and we invented most of the tehnologies the newer generations take for granted.  We worked our own way through college and then funded our children&#039;s education, while often taking care of the previous generation in their retirement.
As for the debt left to our children, I am going to have to blame that on our Government.  We have contributed more in taxes than any other generation in the history of our nation.  And, all of that hard-earned tax money was squandered away by a corrupt government that has rigged the system to favor incumbents.  The fact that some people may have lived above their means is not relevant to the next generation, since that debt isn&#039;t passed on to them.  They will certainly inherit more from us than we did from our parents.
So, if the future generations want to look back at us as selfish and and short-sighted, I say let them.  Let them see if they can measure up to our contributions in their own endeavors.  Are they going to revolutionize medicine, travel and energy?  Or, are they going to sit around whining about the mess they inherited?  Because, the way I see it, they don&#039;t seem to have it so bad.</description> <content:encoded><![CDATA[<p>Darwin,</p><p>This is a thought-provoking post.</p><p>But, I&#8217;m going to have to disagree with your assesment here.</p><p>As a middle-aged guy (age 45, end of the baby boomers), what I have seen is our generation has worked really, really, hard not only for our families and for ourselves, but for the betterment of our country and the entire world.  Our generation learned math and science in school and we invented most of the tehnologies the newer generations take for granted.  We worked our own way through college and then funded our children&#8217;s education, while often taking care of the previous generation in their retirement.</p><p>As for the debt left to our children, I am going to have to blame that on our Government.  We have contributed more in taxes than any other generation in the history of our nation.  And, all of that hard-earned tax money was squandered away by a corrupt government that has rigged the system to favor incumbents.  The fact that some people may have lived above their means is not relevant to the next generation, since that debt isn&#8217;t passed on to them.  They will certainly inherit more from us than we did from our parents.</p><p>So, if the future generations want to look back at us as selfish and and short-sighted, I say let them.  Let them see if they can measure up to our contributions in their own endeavors.  Are they going to revolutionize medicine, travel and energy?  Or, are they going to sit around whining about the mess they inherited?  Because, the way I see it, they don&#8217;t seem to have it so bad.</p> ]]></content:encoded> </item> <item><title>By: Weekly Linkfest: Stress Test Edition &#124; Darwin's Finance</title><link>http://www.darwinsfinance.com/generation-debt-our-children-will-hate-our-generation/#comment-636</link> <dc:creator>Weekly Linkfest: Stress Test Edition &#124; Darwin's Finance</dc:creator> <pubDate>Sat, 09 May 2009 19:18:47 +0000</pubDate> <guid
isPermaLink="false">http://www.darwinsfinance.com/?p=91#comment-636</guid> <description>[...] Comparison of Paygo: Congress vs. Americans.  Personally, I think our goverment&#8217;s lack of fiscal responsibility is worse than those of individuals since Americans are only hurting themselves.  Our government is burdening our children with generational debt they don&#8217;t deserve. [...]</description> <content:encoded><![CDATA[<p>[...] Comparison of Paygo: Congress vs. Americans.  Personally, I think our goverment&#8217;s lack of fiscal responsibility is worse than those of individuals since Americans are only hurting themselves.  Our government is burdening our children with generational debt they don&#8217;t deserve. [...]</p> ]]></content:encoded> </item> <item><title>By: 52-Week High Stocks Autozone and AIPC &#124; Darwin's Finance</title><link>http://www.darwinsfinance.com/generation-debt-our-children-will-hate-our-generation/#comment-171</link> <dc:creator>52-Week High Stocks Autozone and AIPC &#124; Darwin's Finance</dc:creator> <pubDate>Wed, 04 Mar 2009 04:03:27 +0000</pubDate> <guid
isPermaLink="false">http://www.darwinsfinance.com/?p=91#comment-171</guid> <description>[...] of buying/leasing new ones every few years.  This portends bad things for the big three autos and taxpayers alike.  The lightbulb never went off for me at the time, but it appears as though investors feel [...]</description> <content:encoded><![CDATA[<p>[...] of buying/leasing new ones every few years.  This portends bad things for the big three autos and taxpayers alike.  The lightbulb never went off for me at the time, but it appears as though investors feel [...]</p> ]]></content:encoded> </item> </channel> </rss>
