And The Band Played On...

Tyler Durden's picture

Submitted by Jim Quinn of The Burning Platform blog,

A confluence of events last week has me reminiscing about the days gone by and apprehensive about the future. I’ve spent a substantial portion of my adulthood rushing to baseball fields, hockey rinks, gymnasiums, and school auditoriums after a long day at work. I’d be lying if I said I enjoyed every moment. Watching eight year olds trying to throw a strike for two hours can become excruciatingly mind-numbing. But, the years of baseball, hockey, basketball, and band taught my boys life lessons about teamwork, sportsmanship, winning, losing, hard work, and having fun. There were championship teams, awful teams and of course trophies for finishing in 7th place. As my boys have gotten older and no longer participate in organized sports, the time commitment has dropped considerably. Last week was one of those few occasions where I had to rush home from work, wolf down a slice of pizza and head out to a school function. It was the annual 8th grade Spring concert.

My youngest son was one of a hundred kids in the 8th grade choir. I think it was mandatory, since none of my kids like to sing. As my wife and I found a seat in the back of the auditorium where we could make a quick escape at the conclusion of the show, neither of us were enthused with the prospect of spending the next ninety minutes listening to off-key music and lame songs. I’ve been jaded by sitting through these ordeals since pre-school. But a funny thing happened during my 30th band concert. I began to feel sentimental about the past and sorrowful about the future for these Millennials.

The Millennial generation was born between 1982 and 2004. Therefore, they range in age from 9 years old to 31 years old. There are approximately 87 million of them, or 27.5% of the U.S. population. In comparison, the much ballyhooed Boomer generation only has 65 million cohorts remaining on this earth. The Millennials will have a much greater influence on the direction of this country over the next fifteen years than the currently in control Boomers. There has been abundant scorn heaped upon this young generation by their elders. In a fit of irrationality befit the arrogant, hubristic, delusional elder generations, they somehow blame a cohort in which 54 million of them are still younger than 21 years old for many of the ills afflicting our society. This disgusting display of hubris is par for the course among these delusional elders.

Are Millennials addicted to their iGadgets, cell phones and Facebook pages? Probably. Do they spend too much time on the internet and playing PS3 & Xbox? Certainly. Have they been indoctrinated in social engineering gibberish like diversity and planet worship by government run public school bureaucrats? Absolutely. Are they young, foolish, immature, irrational and not respectful towards their elders? You betcha. Teenagers have acted like this forever. You acted like that. The ongoing crisis in this country and our unsustainable economic system are in no way the result of anything perpetrated by the Millennial generation.

Can the Millennial generation be blamed for the $17 trillion national debt, $222 trillion of unfunded un-payable social obligations promised by corrupt politicians, $1 trillion of annual deficits, undeclared wars being waged across the globe on behalf of the military industrial complex arms dealer mega-corporations, economic policies that have resulted in 48 million people dependent on food stamps, tax policies that enrich those who write the code, trade policies that benefit corporations who gutted the industrial base and shipped jobs overseas to slave labor factories, or monetary policies that have destroyed 96% of the dollar’s purchasing power? They had no say in the creation of our untenable welfare/warfare state.

There are no Millennials among the 535 corrupt bought off politicians slithering down the halls of Congress. There are no Millennials running the Too Big To Control Wall Street banks. There are no Millennials in charge of the mega-corporations that buy and sell our politicians. There are no Millennials at the upper echelon of the Military Industrial Complex or in the upper ranks of the U.S. Military. But, and this is a big but, they have done most of the dying in the Middle East over the last ten years in our multiple undeclared preemptive wars of aggression. They have died under the false pretenses of a War on Terror, when they are truly dying on behalf of the crony capitalists who profit from never ending war. They have been fighting and dying to protect “our oil” that happens to be under “their sand”. If the energy independence storyline was true, why is our military perpetually at war in the Middle East?

The Millennials will also be required to do the heavy lifting over the next fifteen years of this Fourth Turning Crisis. The Silent Generation is dying off rapidly. The Boomer generation has done some hard living and some hefty eating and with the oldest of their cohort hitting 70 years old, their supremacy will begin to diminish over the coming fifteen years. At 87 million strong, and millions yet to reach voting age, the Millennials will become more influential by the day regarding the future course of this nation. The question is what will be left of this country by the time they assume control. They are saddled with $1 trillion of student loan debt, peddled to them by the government and Wall Street with the false promise of good paying jobs and the opportunity for a better life than their parents lived. They have obediently followed the path laid out by their elders, but they have been badly misled. This American dream has been shattered upon an iceberg of debt, delusion, deception and denial. The unsinkable American empire’s hubris and arrogance are leading to its demise. The Millennials are coming of age during a Crisis that will reach momentous magnitudes over the next fifteen years, and they had nothing to do with creating the circumstances which will propel the chaos and anarchy that ensues. But, they will bear the brunt of the dreadful consequences.

Generational Bridge

“The Boomers’ old age will loom, exposing the thinness in private savings and the unsustainability of public promises. The 13ers will reach their make or break peak earning years, realizing at last that they can’t all be lucky exceptions to their stagnating average income. Millennials will come of age facing debts, tax burdens, and two tier wage structures that older generations will now declare intolerable.” – Strauss & Howe - The Fourth Turning

The kids on the stage at the 8th grade Spring concert were all around 14 years old. They are unaware they are in the midst of a twenty year period of Crisis. The boys are at that gawky looking stage with pimply faces and gawky limbs. The girls mature quicker than the boys at that age. These youngsters have barely begun their lives. I was amazed at their proficiency with a wide variety of musical instruments. They displayed poise and talent. The soloists exhibited composure well beyond their years. The performers were all musically endowed and proved that hard work and practice pays off. They were clearly enjoying themselves. They were all dressed in their Sunday best. I found myself enjoying the show despite my jaded attitude upon entering the auditorium. Even my son, wearing one of my ties, actually appeared to be singing during the choir performance. What I saw were hundreds of bright eyed Millennials with their hopes and dreams for a bright future intact. They have no idea what trials and tribulations await them.

I reached a milestone on the age chart last week that had me ruminating about yesteryear and contemplating the future. I reached the half century mark. Birthdays generally do not faze me, but the intersection of the 8th grade concert and my landmark birthday had me pondering my purpose for inhabiting this world. I’ve likely realized two-thirds of my life. The final third of my life will be spent trying to maneuver through the minefields of this Fourth Turning. I’m a father to three Millennial boys. I consider it my duty to defend and support them during this Crisis. Strauss & Howe wrote their book in 1997 and predicted a Great Devaluation in the financial markets around the time Millennials were entering their twenties. This Crisis began in September 2008 with the worldwide financial collapse created by Wall Street “Greed is Good” Boomers, as the oldest Millennials entered their twenties. It continues to worsen as more Millennials approach their twenties. We’ve reached a point in history when the elder generations need to sacrifice in order to insure younger generations have a chance at some form of the American dream.

I believe each generation has an obligation to future generations. We are bridge between preceding generations and future generations. We have a civic obligation to manage the resources of the country in a prudent manner. It’s our duty to leave the country in a financially viable condition so younger generations have an opportunity to live a better life than their parents. Every generation that preceded the Millennials has achieved the goal of having a better standard of living than their parents. I don’t believe my boys will enjoy a better life than I’ve lived. We’ve lived well beyond our means for decades. Government, Wall Street banks, corporations and individuals have run up a $56 trillion tab and are sticking the Millennials with the bill.

The $17 trillion national debt accumulated by elder generations to benefit themselves and $222 trillion of unfunded entitlements promised to themselves is nothing but generational theft. It’s immoral and possibly the most selfish act in human history. I’m ashamed that my generation and older generations have committed this criminal act of theft. Deficit spending today with no intention of repaying that debt is a tax on future generations. This egotistical abuse of power by the current and past regimes must be reversed voluntarily or it will be done by force. I’m 50 years old and will dedicating my remaining time on this earth fighting to create a sustainable future for my kids and their kids. The lucky among us get eighty years on this planet to make a difference. When did the definition of success become dying with the most toys and spending your life screwing your fellow man by accumulating obscene levels of wealth at their expense? If Boomers and Generation X have any sense of guilt about what they have done, they would be willingly offering to sacrifice their ill-gotten entitlements.

Not only are those currently in power not proposing to scale back their spending, debt accumulation, or entitlement transfers, but they have accelerated the pace of each in the last five years. An already unsustainable corrupted economic structure is being driven towards collapse by psychopathic central bankers and cowardly captured politicians. These are acts of treason against the youth of this country and larceny on a grand scale. It will lead to generational warfare and these crooks will pay for their transgressions. Strauss & Howe suspected in 1997 the elders might cling to their illicit profits acquired at the expense of the Millennials:

“When young adults encounter leaders who cling to the old regime (and who keep propping up senior benefit programs that will by then be busting the budget), they will not tune out, 13er – style. Instead, they will get busy working to defeat or overcome their adversaries. Their success will lead some older critics to perceive real danger in a rising generation perceived as capable but naïve.” – Strauss & Howe - The Fourth Turning

The elders who represent the status quo do perceive real danger in the rising Millennial generation. The initial skirmishes occurred in the midst of the Occupy protests. The young protestors initially focused on the true culprits in the crashing of the financial system and vaporizing of the net worth of millions – Wall Street bankers and their sugar daddy at the Federal Reserve. In a display of status quo bipartisanship you had liberal Democrat mayors in cities across the country call out their armed thugs to beat the millennial protestors into submission while being cheered on by Fox News and the neo-cons.

The existing status quo regime provides the illusion of choice, but both political parties are interchangeable in their desire to control our lives, flex our military might around the globe, indebt future generations and write laws to favor their corporate and banking masters. The establishment is showing contempt for the futures of our youth. Their solutions to the criminally created financial crisis have been to reward reckless debtors and bankers at the expense of future generations. Their doling out of hundreds of billions in student loan debt and artificial propping up of home prices has effectively made it impossible for millions of young people to get their lives started. Boomers have done such a poor job saving for their retirements they are unable to leave the workforce. Since January 2009, despite adding $400 billion of student loan debt, Millennials have a net loss in jobs, while the Boomers have taken 4 million jobs.

Strauss & Howe anticipated that older people would be anguished to see good kids suffer for the mistakes they had made. They thought the elders couldn’t possibly be shallow enough, selfish enough, or immoral enough to deny the Millennial generation a chance at the American Dream. They were wrong. The old regime has no plans to step aside or sacrifice on behalf of younger generations. The implications of this resistance will be dire.   

“The youthful hunger for social discipline and centralized authority could lead Millennial youth brigades to lend mass to dangerous demagogues. The risk of class warfare will be especially grave if the 20% of Millennials who were poor as children (50% in inner cities) come of age seeing their peer-bonded paths to generational progress blocked by elder inertia.” – Strauss & Howe - The Fourth Turning

The social mood in this country continues to deteriorate as the sociopathic financial elite accelerate their pillaging of the working middle class, steal money from senior citizens through zero interest rate inflationary policies, and enslave our youth in the chains of crushing debt and promise of dead end jobs. When the next leg down in this ongoing depression strikes like an F5 tornado, the simmering anger in this country will explode in a chaotic frenzy of violence and retribution. The chances of class and generational warfare have increased exponentially due to the actions of the elderly regime over the last five years.

Generational Sacrifice

You got your whole life ahead of you, but for me, I finish things.” – Walt Kowalski – Gran Torino   


A couple days after the Spring concert I was flipping through the 650 channels on my TV with nothing worth watching when I stumbled across the 2008 Clint Eastwood movie Gran Torino. This was the third episode within the week that had me thinking about the future of my kids. It was his highest grossing film in history. Eastwood played a bigoted tough guy Korean War veteran whose Detroit suburban neighborhood had deteriorated into a dangerous gang infested Asian war zone. The movie did not follow the standard Eastwood plot where he kills dozens of bad guys. He grudgingly befriends two young Millennial teenage Laos refugees who live next door. He had lost his wife of 50 years. He was in his 70s and dying from some undiagnosed illness. I viewed the movie as an allegory for the generational sacrifice that should be taking place now.

Eastwood’s character, Walt Kowlaski, decided to finish things his way. He realized the two Millennials would never find peace or have a chance at a better life until the criminal gang running the show in the neighborhood were confronted and defeated. He knew he was too old to kill six gang members singlehandedly, so he made a choice to sacrifice himself and be gunned down in cold blood in front of multiple witnesses so the perpetrators would go to jail and allow his Millennial companions to have a chance at a better life. He sacrificed his life for the good of young people who weren’t even related to him.  This message has not connected with the elder generations who control the purse strings and political system in this country. The media propaganda machine supporting the existing regime continues to peddle a storyline that debt doesn’t matter, consumption is good, saving is for suckers, and passing the bill for unfunded entitlements to future generations is not immoral and cowardly. Walt Kowalski displayed courage, bravery, and valor that is sorely lacking in the elderly generations today.

At the age of 50 I have a choice with my remaining 20 or 30 years. I can choose to keep accumulating material goods with debt, voting for politicians who promise never to cut my entitlements, believing deficits growing to infinity are beneficial to the economic health of the nation, supporting the military industrial complex as they wage undeclared wars across the world, applauding the Orwellian fascist surveillance measures instituted to give the illusion of safety while sacrificing freedoms and liberties and selfishly looking out for my best interests. Or I can stand up to the corporate fascist old boy regime and lure them into a violent response that will ultimately lead to their downfall. I’m willing to sacrifice what is supposedly “owed” to me on behalf of my kids and all Millennials. They don’t deserve to start life in a $200 trillion hole created by their parents and grandparents. It is disconcerting to me that more Boomer and Generation X parents are unprepared, unwilling or too willfully ignorant to forfeit entitlements awarded them under false pretenses in order to preserve a decent standard of living for their children and grandchildren. The Bernaysian propaganda programmed into their brains over decades by the sociopathic central planning status quo has created this inertia.

The inertia will be replaced by frenzied activity when this unsustainable system ultimately fails. Time seems to be standing still. People have been lulled into a false sense of security even though history is about to fling us into a chaotic transformational period in history. How do I know this is going to happen? Because it happens every eighty years like clockwork. The best laid plans of the men running the show will be swept away in a whirl of pandemonium, violence, war and reckoning for sins committed against humanity. There will be no escape.     

“Don’t think you can escape the Fourth Turning the way you might today distance yourself from news, national politics, or even taxes you don’t feel like paying. History warns that a Crisis will reshape the basic social and economic environment that you now take for granted. The Fourth Turning necessitates the death and rebirth of the social order. It is the ultimate rite of passage for an entire people, requiring a luminal state of sheer chaos whose nature and duration no one can predict in advance. The risk of catastrophe will be very high. The nation could erupt into insurrection or civil violence, crack up geographically, or succumb to authoritarian rule. If there is a war, it is likely to be one of maximum risk and effort – in other words, a total war. Every Fourth Turning has registered an upward ratchet in the technology of destruction, and in mankind’s willingness to use it.” – Strauss & Howe - The Fourth Turning


Our country has entered a period of Crisis.

We may or may not successfully navigate our way through the visible icebergs and more dangerous icebergs just below the surface. The similarities between the course of our country and the maiden voyage of the Titanic are eerily allegorical.

The owners of the ship (Wall Street, Washington politicians, crony capitalists) are arrogant and reckless. They declare the ship unsinkable, while only providing half the lifeboats needed to save all the passengers in case of disaster in order to maximize their profits. The captain (Ben Bernanke) has been tendered the greatest cruise liner (United States) in history. The initial voyage across the Atlantic Ocean has drawn the financial elite ruling class (financers & bankers) onboard, occupying the luxurious state rooms on the upper decks. But, the lower decks are filled with young poor peasants (Millennials) who are sneered at and ridiculed by those in the upper decks. A maiden voyage should always be approached cautiously. A prudent captain would not take undue risks.

Our captain (Ben Bernanke) wants to make his mark on history. He considers himself an expert in navigating dangerous waters (Great Depression) because he studied dangerous waters at his Ivy League school. It doesn’t matter that he never actually captained a ship in the real world.  He declares full steam ahead (reducing interest rates to 0% and throwing vast amounts of fiat currency into the engine room boilers). Midway through the voyage, the captain is handed a telegram warning of icebergs (potential financial catastrophe) ahead. If he slows down the vessel, he will not set the speed record and receive the accolades of an adoring public. He ignores the warning and steams on to his rendezvous (eternal disgrace) with destiny.

In the middle of the night, the lookouts (Ron Paul, John Hussman, Zero Hedge) cry iceberg!! But, it is too late. The great ship (United States) has struck an enormous iceberg (debt & currency crisis). At first, it seems like everything will be OK. The captain and crew assure the passengers that everything is under control and their evasive action has saved the ship. But below the waterline, the great ship (United States) is taking on water (toxic levels of debt, un-payable entitlement promises, trillion dollar deficits, political & financial corruption). The engine room (Federal Reserve) works frantically to alleviate the damage (QE to infinity). The captain is sure the compartmentalization of the ship will save it. One of the designers of the ship (David Stockman) sadly declares that the ship will surely sink. The captain orders the band (CNBC, Fox, MSNBC, CNN) on deck to distract the passengers from their impending fate with soothing music. The owners of the ship (Wall Street, Washington politicians, crony capitalists) aren’t worried. They collected their fees upfront and over-insured the vessel. They anticipate a windfall when the ship sinks. It worked last time.

To avoid mass panic, the crew (government apparatchiks) has locked the youthful poor peasants (Millennials) below deck. The captain and his crew are content to let them go down with the ship. They’ve decided the women, children, and senior citizens (Middle Class) can also be sacrificed. The financial elite ruling class (financers and bankers) are piling into the boats with the ship’s jewels, escaping the fate of the peasants. The captain (Ben Bernanke) has no intention of going down with the ship. In a cowardly act, he leaps onto the 1st lifeboat to be launched. We are on a voyage of the damned. The great cruise liner (United States) has a fatal wound and is headed for a watery grave. Are we going to let the owners, captain and crew dictate who will be saved in the few lifeboats or will we rise up and throw these guilty parties overboard?


It comes down to the abuse of power by a few evil men and their henchmen as they have centralized their control over our financial, political, economic and social institutions. The existing social order is an ancient, rotting, fetid swamp of parasites that will be drained during this Fourth Turning. The Millennials are rising and will be the spearhead of the coming revolution. As each day passes they will become a more powerful force and the power of the existing regime will wane. Meanwhile, the band will play on as the ship of state descends into the abyss.

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chump666's picture

What a kick ass post!

DavidPierre's picture

But… But… But !!!

Should anyone trust SmokeyQUINN?

9/11 Is the Litmus Test


"The Fourth Turning, an American Prophecy"

 by William Strauss and Neil Howe

  A Gordian knot of glib, facile generalization, intellectually dishonest, and riddled with pungent strands of self-loathing (read: Boomer Bashing).  This book is simply another tiresome exercise in NeoCon, crypto-ideology.

How unfortunate for us all of us that it was Strauss and Howe who thought to trot out the dusty old "cycles of history" scheme for this generation, because readers should know that, in spite of the clumsy polemic and shoddy prose in this book,  (I would insert an example here, but there are just too many to choose from),  there really may be something valuable in the "cycles of history" theory.

Unfortunately, you won't find much to value here; for these two authors, the "cycles" theory is simply a vehicle for conservative ideology.

I seriously doubt that I will ever read either Howe or Strauss again; these boys have obviously suckled at the poisoned teats of the William Bennetts of this world for far too long to ever again create anything resembling honest scholarship.

I guess we'll have to wait for another generation with a bit more intellectual integrity to come along to see if the "cycles" theory holds water.

They make bold statements and present theory as fact. 

Very intriguing on the surface, but frankly irritating in the lack of scientific process when examined closely.  Its the "prophesy" of their predictions that we are all interested in, I imagine, and that was sufficiently vague to satisfy all.

Dr. Engali's picture

For cripes sake. Is it your mission in life to follow Jim around? You're like the stalker who sits and waits, and waits , and waits until you prey finally shows up then you pounce.

DavidPierre's picture

Hunting !

Survival of the fittest.

ZH is a Fight Club for a reason.

XenoFrog's picture

9/11 Truthers and Bitcoiners are the bane of ZH and make me ashamed to be a part of the community.

Manipuflation's picture

It would at least intially appear that you and I are not going to get along XenoFrog.


No red arrow though.

XenoFrog's picture

You can't expect to be friends with everyone.

geekgrrl's picture

Especially when your object is to divide and conquer.

Rakshas's picture

AND what pray tell do you find so objectionable about Truthers exactly; i mean other than the use of truther; I cannot claim to be a fan, kind of right up there with idiot collectives that call themselve the "friends of (what the fuck ever) but to stay on point - exactly what do y'll find so objectionable the name, the fervor, the whole premise??

Bitcoin, well i really don't understand as I am too much of a relic and believe in solid things metal, wood, water below 0 C and of course the never ending solid stream of bullshit that emanates from the nightly distraction on TV. That said I have to say there appears to be no shortage of pretentious bullshit on the comment section of ZH, don't get me wrong everybody is free to express thier views and such but some of the things on here that appear to be held as gospel just boggle the mind solar bad wind bad anything else bad big oil evil can't dam the rivers tidal power no good global warming just a myth - oh that one can any one of you enlightened fuckers tell me where all the frogs have gone in the past three decades?? 

I see lots and lots of critics of just about everything under the sun but i'd be willing to bet most will be chewing the putty out of the windows before this thing is all over.........

Anyway so what do you not like about truthers??



geekgrrl's picture

I'm guessing you never had a class in physics. Would I be correct in my assessment?

Rakshas's picture

Why because of the frog question?  Seems more environmentally biologic really but that's just a guess.  

So yeah I've had 'em, can't say i was top of the class by any stretch but I get the basic premise, water is wet, air is invisible, gravity works, fire is hot and rocks sink ......... did i miss anything?  

Anyway so what do you have against harnessing wind solar and water?


geekgrrl's picture

"kind of right up there with idiot collectives that call themselve the "friends of (what the fuck ever)"

This right here tells me you're someone whose posts I will in the future be skipping right by, along with Monedas. Not. worth. reading.

Chuck Walla's picture

The problem is that the little twerps have no idea of what freedom is. Nor have they been taught by a corrupt and bought off Boomer class of teachers who infest the university today infecting the Millenials and anyone else who wil listen. Thus the heritage is destroyed for the greater glory of the Central Planners and uber hater, Socialist and would be Che, Barack Obama. Himself having no idea of American freedom because he didn't grow up here.  Without some principles, everything is relative.




Much of the social history of the Western world, over the past three decades, has been a history of replacing what worked with what sounded good.


~ Thomas Sowell 


geekgrrl's picture

WTC7 fell into its own footprint at freefall speed, no planes, no major fires.

Yea, you're credible.

El Diablo Rojo's picture

Everyone needs a nemisis. Afterall isn't that how one measures their own strength, by the strength of their enemies?

TNTARG's picture

Finally. 8 minutes to explain what I've been feeling since that day I was brushing my teeth and the second tower just exploded on the TV set. I remember myself thinking "no way!" Then, the actions carried out on the basis of 9/11 huge, unbearable lie.

I absolutely agree: it defines people. And if you are paying attention, there are plenty of signals all around the World. 9/11 and what they did after that was simply too much. The end of an era. And it was such an irreparable damage to the US and to those who openly played (and still play) the game.


disabledvet's picture

Hmmm. "we're suppose to steer away from the iceberg after we yell that sir." you see...what is unexplainable is the INTENT to crash the ship...not the complaint. I'm sorry? The good doctor can't imagine such evil in the world? Such MALICE. People are hungry for one thing and one thing only folks...REVENGE. This is what Shakespeare teaches. "'tis easy to lose one's humanity in the process." what's the word in the bible..."and I smote thee down." RIGHTEOUS POWER stands opposed to that. so indeed...millenials find themselves "caught up" in an epic Clash of Civilizations. But it is because no one has TAUGHT THEM that's that what this is. EYE will tell you then. "the band played on"? Indeed. They're apparently...ROCKING OUT right now. "that war can become very real" as well...and no I don't mean that as something to look forward to. "that can mean some of these milleniuls can become very powerful in a very short period of time. In the meantime..."the Band plays on indeed."

g speed's picture

disable       --I don't agree with much you say in your comments -however I get the impression that you have looked in the face of hell and have an idea for what it can bring---+1 for this comment

drdolittle's picture

so the guy missed it. Everyone's allowed some mistakes.

tango's picture

Hindsight is 20-20 and Monday morning quarterbacks always complete the pass.  Prophets are uniquely formed by the events and times of that generation and almost always are shaped by some big event.  It could be WWI, the Depression, WW2 or - in the case of neo-conservatives - the Cold War. Solzhenitsin comes to mind as the angry (correct) prophet of the 80's.  He and others didn't derive their opinions out of thin air but as adaptive responses to events.  Looking back they were wrong but that's only because events turned out as they did.  

I am sure that years from now folks will read ZH and cackle at the absurd opinions and absolute certainty of so many of the writers and posters (who were proven wrong by events). 



Raynja's picture

i assume you're referring to deer in headlights?


i lost all faith when mfglobal collapsed and omt saved the world.

sure as fuck don't mean we were wrong.


trading a market and understanding the reality of the situation are entirely separate, but logic always prevails even if its after one's timeline expires.

SillySalesmanQuestion's picture

David Pierre, ZH's resident stalker and basher of Jim Quinn has surfaced again only to annoy most of us, and show his utter lack of character, lack of talent and lack of originality. What a crackpot you are.

geekgrrl's picture

While it's true David Pierre has been doggedly provoking Jim Quinn, I think Quinn's failure to face certain inexplicable facts about 9/11 does place him among those who support the whole war on terror.

As for the facts of the matter, there is a group, you may have heard of us? Architects and Engineers for 9/11 Truth?

ugmug's picture

Not to worry....Obama will issue an executive order reclassifying our Titanic debt as a lifeboat...and we all know lifeboats NEVER SINK!

Dick Buttkiss's picture

I don't buy into the cycles of history either, as if humanity were locked into something entirely beyond its control and thus not responsible for its actions.

I do believe, however, that the modern nation-state has reached its apotheosis and that it's all downhill from here.

For it, I mean, not us, not humanity, which, on the contrary, will at long last be freed to realize its all but limitless potential.

Yes, it's going to be a difficult transition, and millions upon millions will probably die. But so be it, as the good news is that the greatest evil ever known — the concentrated, conscienceless, sociopathy of territorial monopolies on the use of force — is coming to an end. And while I probably won't live to see it, I look forward to standing by its deathbed and spitting in its hideous face, then turning, dropping trou, and telling it to kiss my ass.

geekgrrl's picture

I think there are cycles, but they're not so clean-cut as Strauss and Howe (and Jim Quinn) would have us believe. Quinn is quite good at articulating a mythology, but I think that facts will turn out to be much different.

DoChenRollingBearing's picture

I'm 57, one kid (grown and working).  My role in her future will be to save for her, a lot of that in gold.  There will be no Social Security for me (I am not even eligible), Medicare, etc.  On the other hand, I paid very minimally into "the system" so I don't care.  

I think it is a big mistake, for anyone in my Boomer generation or those younger to count on the government for anything.


flacon's picture

We can always count on government to fuck it up even worse. If the bankers came up with an ETF for government fuck-ups I'd be a quadrillionaire! Actually that's what the gold is for because I guarantee they are going to make a mess of everything, on purpose. 

Dyhana's picture

I am the same age, and i have one kid (working) and hope to save something for her. I fear for her future, the opportunities just aren't as wide open and plentiful as they used to be. I hope that changes, but all i see is a country drowning in debt and and taxes and less and less freedom.

ultimate warrior's picture

in the movie titanic one of the few men to survive was the guy who grabbed a bottle of booze got shit faced and hung on tight as the ship sank. that's my plan as this bitch sinks to the bottom of the ocean. good luck men.

Watauga's picture

"The $17 trillion national debt accumulated by elder generations to benefit themselves and $222 trillion of unfunded entitlements promised to themselves is nothing but generational theft. It’s immoral and possibly the most selfish act in human history. I’m ashamed that my generation and older generations have committed this criminal act of theft. Deficit spending today with no intention of repaying that debt is a tax on future generations. This egotistical abuse of power by the current and past regimes must be reversed voluntarily or it will be done by force. I’m 50 years old and will dedicating my remaining time on this earth fighting to create a sustainable future for my kids and their kids. The lucky among us get eighty years on this planet to make a difference. When did the definition of success become dying with the most toys and spending your life screwing your fellow man by accumulating obscene levels of wealth at their expense? If Boomers and Generation X have any sense of guilt about what they have done, they would be willingly offering to sacrifice their ill-gotten entitlements."

I was born in 1957.  I began paying into Social Security in 1969.  I have paid into it ever since--44 years so far, and likely to pay in another 10 years or more.  I likely will NEVER take a dime out, as I fully expect to die in my job.  I have paid anywhere from 1% to more than 30% of my income in taxes to the Central Govt.  Another large percentage each year to the State Govt.  Sometimes into Local Govt.  Always, I pay sales, real estate, excise, gasoline, and all other manner of taxes.  I have NEVER take a stinking DIME from the govt till.  In fact, I did not even let my kids go to State run schools, yet paid for the children of others to go there.  Same with college--I continue to pay for a whole lot of millenials to attend college while at the same time paying the full load for my own kids.  NOT A STINKING DIME.

SO DON'T EVEN TRY to tell me that I have accumuulated $17T in Central Govt debt or $222T in unfunded entitlements.  GO THAT WAY, and what you will end up with is an inter-generational hell.  The debt and entitlements are not the fault of those who have worked their whole lives and PAID INTO the freaking system, it is the fault of the political whores and monied interests who have STOLEN all of that money and turned it into their own wealth and power by giving it to themselves and to the voters they have been able to buy.  Wake up.  The 70% of boomers who worked their entire lives to pay for the social security of "the greatest generation," put their own kids through school, and pay for everyone else and their kids to live and go to school, are NOT the problem here, except insofar as they were duped by political and corporate deceit into voting for the likes of the Presidents and Congresswhores and State reps that have led the country into its debt hell.

lolmao500's picture

The peasants are too busy playing on their ipads and texting on their cellphones to do anything... it'll take something that takes out electricity all around them for them to do something about it...

Want to start a revolution in the US? Take out the power... and let it be down for weeks... when it gets bad enough, people will say FUCK THIS SHIT and revolt.

BLOTTO's picture

The masses love electronic mindless gadgets...


Ball of confusion That's what the world is today Hey, hey
Ball of confusion That's what the world is today Hey, hey

The sale of pills at an all time high Who put the filling in the primus sky? The city's a flame in the summer time
And the beat goes on And the beat goes on And the beat goes on And the beat goes on
Economics, reaganomics, birth control, the status quo Shooting rockets to the moon, kids growing up too soon The Politicians say and the band plays on...

Love and Rockets

~Ball of Confusion~

Normalcy Bias's picture

This one hit the nail on the head, back in '87.


Avarice and greed are gonna drive you over the endless sea
They will leave you drifting in the shallows
Drowning in the oceans of history
Traveling the world, you're in search of no good
But I'm sure you'll build your Sodom like you knew you would
Using all the good people for your galley slaves
As your little boat struggles through the warning waves
But you don't pay

You will pay tomorrow
You're gonna pay tomorrow
You're gonna pay tomorrow


World Party - Ship Of Fools

the Absurd's picture

Just saw an advertisement for a new movie coming out - The Purge

At least things should stay relatively propped up for new Arrested Development episodes on Sunday.

BLOTTO's picture

Also, World War Z

Set in the year 2154, where the very wealthy live on a man-made space station while the rest of the population resides on a ruined Earth, a man takes on a mission that could bring equality to the polarized worlds.

Illusory logic's picture

Blotto: you link is for World War Z, but your description sounds like the movie Elysium (Roman version of Valhalla????)

jerry_theking_lawler's picture

that would make an excellent plot for a TV show...

tango's picture

What's with the anti-electric craze out here?   Machines have given us untold material welath, made life so easy that we can all sit around in our undies bitching on ZH instead of chopping wood, planting  crops, provisioning for the winter or sweating in 100 degree temps.  We can travel the globe, get free entertainment 24/7 and order products at the click of a button.  Why are those things so bad?  Is it so important to have hardship for the sake of hardship, to do without just to make ourselve feel good?

I notice that posters still use electricity for the ultimate toy - a computer.  

Dr. Engali's picture

You will not catch me bitching about electricity. You will however catch me bitching about the military industrial complex and the amount of energy it consumes.

ncdirtdigger's picture

So you will bitch about the very thing that brings you cheap energy? That protects the PetroDolllar and the sea lanes which bring cheap energy to our shores? Like it or not, the fact that we have the world's biggest baddest military is what makes it possible for us to print our way to 'prosperity'.

Bearwagon's picture

It's also what will plunge you into the abyss ...

drdolittle's picture

Imagine what all the money spent on military one time use items could do. Imagine the works of a million strong young men within our borders. We could  be so much more prosperous and yet, in a strictly energy defined way poorer.

Bearwagon's picture

"Imagine what all the money spent on military one time use items could do." With just half of that money, you'd be back on the moon in less than five years, ten years from now you would have a manned base on Mars and in twenty years the outer solar system with all it's wonders could be in reach. There is a reason why crewed spaceflight died with the Apollo program (and I don't regard that cargo transportation to orbit as spaceflight!). Eisenhower was indeed onto something ...

Dr. Engali's picture

I don't consider energy purchased by the blood of killing people cheap.

El Diablo Rojo's picture

I work in the power industry, that can happen when the green power mandates become a reality and the coal plants are demolished. A few more years.

El Diablo Rojo's picture

I work in the power industry, that can happen when the green power mandates become a reality and the coal plants are demolished. A few more years.