The Real Issue in the Federal Election This Year

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I'm still working on a tabulation and explanation of federal finances, but meanwhile the New York Times has done a good job summarizing the federal issues that really matter. As opposed to the stuff politicians talk about. Reading this article reinforces the idea that the majority of those 55 and over, those in Generation Greed, are in fact greedy, and those who pander to them are evil. If those who are not greedy don't stand up for younger generations right now, instead of simply refusing the face up to what the situation actually is, and all of those younger don't realize what is going on, the result will be a bigger disaster.

As you read the article, your will hear some say that all sacrifices — whether higher taxes or the loss of senior benefits – should be made by those 54 and younger, because those older “did what they were asked to do” and those younger “have time to adjust.” Remember that the current deal is a deal that older generations made with themselves, promises they made to themselves and decided not to pay for. Just like the public employee unions and state politicians and their deals to retroactively enrich the pensions of those cashing in and moving out, and then cut pay and benefits for those coming after. And younger generations have been and will be poorer on average at each point in their lives, with the biggest difference coming later – in old age. Finally, after years of importing more than we export and borrowing the difference, Americans are facing (or not facing) a significant decline in their standard of living. “Buy now pay later” has killed us, and those seeking to exempt themselves from the damage are hypocrites or worse.

MEMO TO BROOKLYN POLITICAL ACTIVISTS: YOU’VE GOT TO FIGHT THE POWERS THAT BE.

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I am often asked by those who are politically sick and tired of being sick and tired, what can be done to effectuate real change in the politics, at all three levels of government (federal, state, city/local). There are no easy answers. One thing I do know is that politics must never become a spectator sport. People of goodwill and strong ideals must participate in the process, no matter who else isn’t. 

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