Baby Boomers - The Worst Generation

This may become a series, because I have alot to say on the subject.

My basic premise - the Greatest Generation that suffered through the Great Depression and saved the world in WWII gave birth to the most selfish generation in recent history - the Baby Boomers. The Greatest Generation built this country up from basically nothing, the Worst Generation is slowly allowing it to collapse.

The Worst Generation has inherited the accomplishments of the Greatest Generation, and rather than be good stewards, they have used that inheritance to "change the world" and "leave a legacy" with all their do-gooder, feel-good projects like "Ending Poverty Now," "Peace," "Saving the Earth," and all the other Liberal Bullshit out there. If not for the accomplishments of the Greatest Generation, the Worst Generation would've never been able to endulge themselves in enacting their vision of a "better, fairer world."

Because it is in the news today, I'd like to comment on how the current Sup-Prime Mortgage Crisis fits into this theory. It is fairly simple - the Baby Boomers want to eliminate any form of inequality, and so in passing the Community Reinvestment Act, they essentially forced all banks to give credit to under-served areas (the poor, disenfranchised, bad credit risks), including sup-prime home mortgages. Everything was fine when the economy was humming, and before these sup-prime mortgages reached the point where the higher interest rates kicked in - but then, of course, oil prices rose (largely due to the Boomers not allowing drilling to save the earth) and the higher interest rates kicked in as planned. These high-risk people were hit hard, and they could not make their payments. And thus, because the housing market was artificially inflated due to all this cheap credit, the entire financial system collapses.

It is a simplistic summary. I could go off on rampant irresponsibility in our new Boomer-induced culture, but let's keep things simple: Government, through Baby Boomer do-gooding, caused this collapse. It is the foundational cause - it allowed corrupt people to do corrupt things, stupid people to do stupid things - rather than allowing the banks to assess the risk themselves, and deny loans to people who don't deserve them, and are destined to fail.

Poor people, stupid people, lazy people, irresponsible people, entitlement-minded people, in combination with an entire generation that views these people as victims and wants to level the playing field, is a very dangerous combination. And we see the results today.

The Baby Boomers are destroying this country, all for their own selfish, self-flagellating reasons, and the legacy they will leave will certify their designation as the Worst Generation: the country will be in worse shape than they found it.

I am not surprised in the least that just as the Boomers are retiring, Universal Health Care is coming. These people are going to stick their children and their children's children with a bill of debt that is beyond imagining, all because this selfish generation wanted to "save the world."

If I had any say in the matter, I would say one thing to these people: "You reap what you sow."

More to come.