-
Roanoke Times, 11-7-11, Pg 1, 12: In US younger getting poorer; Older households now have 47 times the wealth of younger households.
-
And I’ll bet that many of those nasty rich old people are also in the 1% Obama is targeting for government “wealth extraction”.
-
What most young people have is what they always have had – debt. They don’t own anything because they have never done anything. As the youngsters of the tribe they don’t have any cattle or goats or sheep. So they have to be shepherds’ helpers until they earn their way up to be shepherds and then accumulate sheep of their own so they can then “obtain” a wife who hopefully will bring a bountiful dowry to add to their union.
-
When one buys a house they don’t have an asset. They have tens of thousands of debt. In reality the bank owns the house for 20 to 30 years until the mortgage is paid-up. The same process applies to cars, appliances and furniture.
-
Financially successful old people (you know, those with 47 times as much stuff as young people) have paid-off their debts over a life-time and therefore have positive net assets and savings.
-
So what is the purpose of writing and publishing a BIG FRONT PAGE story that points out this obvious historical situation that has applied to every culture since we gathered into tribes; unless the authors and publishers objective is to expand Obama’s Class Warfare into Generational Warfare!
-
Let’s now expand the Obama-Marx envy and jealousy (10th Commandment challenged followers) into Retirement Facility occupiers. Then let’s confiscate the assets of these nasty rich old people. After all, how much wealth do they need, their next big event is to die and hopefully quickly on ObamaCare’s FastTrack system. What a wonderful environment Obama and his followers and supporters have created. And they call this the culture of progressive-socialism.
-
Gee Toto; I'm not sure we're in America anymore!
-
http://roanokeslant.blogspot.com/2011/11/occupy-oakland-nasty-not-nice.html
-
http://roanokeslant.blogspot.com/2011/10/students-follow-pied-piper-obama-our.html
-
http://roanokeslant.blogspot.com/2011/09/taxes-stimulus-2-obamacare-and-other.html
-
No comments:
Post a Comment