How Gluttonous Boomers are Going to Screw Us All
In the US, walking away from a mortgage or excessive loan is becoming a common occurance.
It’s not.
Gecko-like Greed has driven the US economy into the basement and the housing crisis is just starting to happen there. In time, the US will likely depreciate its currency in order to fuel a modest recovery, only to discover that when it does this, it also fuels the prices of almost all commodities in the world, as they are priced in US funds.
Even though the couple depicted in the article did everything they could to be good citizens, they were ultimately ‘forced’ into their own version of ‘vigilante finances’.
The result?
When the backbone of a country starts thinking that laws and rules are not worth following, it’s just a hop, skip and a jump to anarchy.
TV has given us the illusion that anarchy is people rioting in the streets, smashing car windows and looting every store in sight. But there’s also the polite, quiet, far deadlier anarchy of the core citizenry—the upright citizenry—throwing in the towel and deciding it’s just not worth it anymore.If a big enough proportion of the populace—not even a majority, just a largish chunk—decides that it’s just not worth following the rules anymore, then that society’s days are numbered: Not even a police-state with an armed Marine at every corner with Shoot-to-Kill orders can stop such middle-class anarchy.Brian and Ilsa are such anarchists—grey-haired, well-dressed, golf-loving, well-to-do, exceedingly polite anarchists: But anarchists nevertheless. They are not important, or powerful, or influential: They are average—that’s why they’re so deadly: Their numbers are millions. And they are slowly, painfully coming to the conclusion that it’s just not worth it anymore.
Once enough of these J. Crew Anarchists decide they no longer give a fuck, it’s over for America—because they are America.
I’m of the opinion that the rest of the world should be munching on the sweaters of this J Crew crowd that has had everything for the last 6 decades simply because they represent a big chunk of voters.
But that doesn’t matter because I’m not one of them. I’ll be paying for their follies for the rest of my life and my grandchildren’s children will still be paying for their mess.
Unlike the article, I don’t say Fuckit, like the article suggests.
I say Fuckem.
You know, there is NOTHING illegal about walking away from your debts. It is not criminal, it is a civil contract and so long as you go by the rules in the contract, you have broken no law.
Businesses do it all the time, why shouldn’t people have the same rights as business? I’d point out the recent news about the National Mortgage bankers association defaulting on the building it bought to go rent a few blocks over because it was a better deal in the long run.
Now, the fact that boomers wanted MOREMOREMORE and hocked themselves and their children by voting for anyone who will cut taxes and make their investments grow… well, I agree with you there. My voice has certainly not been heard. I dispare that life expectancy is so long as it will yet be decades before that group hits below its weight.
Meh, Fuckem.
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