The article has some convincing evidence this is the track we are on. I liked the article in it's whole, not in 100% agreement on when the problems really began to occur. I see the problems beginning with Nixon taking the US off of the gold standard in 1971 as the beginning of the finance economy, expansion through debt as an economic model. As we are finding out, expansions by debt issuance never last, especially with a depreciating currency and inflation exceeding wages over the last four decades. The charts are fantastic.

THE AUDACITY OF TRUTH ABOUT BARACK HUSSEIN OBAMA

AN AMERICAN TEA PARTY SPEECH FOR JULY 4TH

GREAT article.

Xer Ping

Ping list for the discussion of the politics and social (and sometimes nostalgic) aspects that directly effects Generation Reagan / Generation-X (Those born from 1965-1981) including all the spending previous generations are doing that Gen-X and Y will end up paying for.

Freep mail me to be added or dropped. See my home page for details and previous articles.

The nation could be ruined, its democracy destroyed,

Let's hope so.

Maybe next time we could try a representative republic.

Barack Obama became the 1st Generation Xer to be elected President of the United States.

Barack Obama and Governor Palin are Boomers. 1946-1964.

To be honest, I think that we do go through generational cycles of privilege and hardship. But there are too many details in this analysis that I disagree with for me to put much credence in it.

Yes, there are such cycles. And, yes, we are entering a period of crisis. But I don’t find this particular analysis especially helpful.

Hey Flower Children, remember how you used to say “don’t trust anyone over 30”? Remember “Wild in the Streets”? You were going to thin the heard of old people. Well, it’s kind like Pharoah’s Tenth Plague.

If the U.S. goes down the World will be entering into the 2nd Dark Ages. Not a pretty prospect.

This “little baby” is ours to deal with.

There CAN be NO Recovery until Obozo is out of office.

Sooner the better.

A bit overwrought. We’re going to go the way of the British Empire. We won’t rule the world anymore. So it goes.

I read Strauss and Howe’s book when it first came out.

Hey Flower Children, remember how you used to say “don’t trust anyone over 30”?

The 9.4 million veterans of our last great warrior generation (the boomers), outnumbered the "Flower Children" who weren't that numerous, you need to look at who the media was that shaped your perceptions of the time.

And we got one huge mistake in office to kick off The Fourth Turning......

ping

BUMP for a great article!

I have it in my stack to read...is it worth bumping up?

bttt

Yes, it’s worth bumping. I’m about to read it for the second time. Time for a refresher.

Chilling but on target in some ways..not sure that Peak Oil is as bad as claimed (remember, according to some, we were supposed to be out of oil by NOW). In short, to me, the main crisis is political. It’s a bunch of grasshoppers who are trying to tax the ants out of house and home. There’s a ton of anger out there. And right now, the people in charge are in payback mode for perceived wrongs. They really do believe Bush=Hitler...no matter how much the facts don’t measure up. And now? Now they want their Nuremberg..and that will being the beginning.

I do believe 2010 might be the last election we have got to stave some of the crazier stuff off...and maybe have a shot to undo some of the other stuff. In any event, I am praying Obama is one term and done as a president...His health care proposals alone scare the HELL out of me.