March 20, 2010

And this generation shall be known as...

Heh -- from Susan Swift writing at Big Journalism:
Hello, Suckers! Happy Birthday to the Ponzi Generation
Greatest, Lost, Boomer, X, Next � names our society has conjured to describe particular generations. But what of the unborn future generations already burdened with the crushing financial tab of reckless government spending and redistribution of wealth?

Indulge me for suggesting a moniker for these unborn: the Ponzi Generation.

Right now we are witnessing America�s ongoing conversion into a socialist society. Depending on the vote tomorrow in Congress, America risks modeling the disastrous behavior of EU nations currently wallowing in economic and social bankruptcy. Socialism, in the final analysis, is nothing more than a cruel pyramid scheme. Whether Healthcare or Social Security or other entitlement scheme, the original players (e.g. retirees in Social Security) receive the promised windfall of government largesse. How? Because succeeding generations of �players� (i.e. taxpayers) pay for it. Yet, as England�s former Prime Minister Margaret Thatcher explained: �Socialist governments�always run out of other people�s money.�

The liberals� latest Grow-the-Government Ponzi scheme, like all others, is necessarily predicated on each succeeding generation being numerically larger � the expanding base of the pyramid � to pay the largesse of those in the higher levels. And ironically that is where socialist theory crashes headlong into reality.

Why? Because family size is shrinking. Socialists have assaulted the traditional family for decades. From Planned Parenthood founder Margaret Sanger�s racist eugenics to the Zero Population Growth crowd, to government schools mocking chastity and morality, socialists have championed the exaltation of Self (which they say is incompatible with children or marriage) over selfless formation and nurturing of family. Children are expensive. Children are a nuisance. Children interfere with what really matters in life � you!
Heh - spot on! Already seeing it in Greece and Europe... Posted by DaveH at March 20, 2010 5:29 PM
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