Why has the so-called "Greatest Generation" and subsequent generations let down their children, grandchildren, and future generations?

Editorial By: Leonard Lenny Vasbinder

February 22, 2021

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DRAFT, DRAFT, DRAFT, DRAFT, DRAFT

Why has the so-called "Greatest Generation" and subsequent generations let down their children, grandchildren, and future generations?

"The Greatest Generation is a term used to describe those Americans who grew up during the Great Depression and fought in World War II, or whose labor helped win it. The term 'the Greatest Generation' is thought to have been coined by former NBC Nightly News anchor and author Tom Brokaw in his book by the same name." -- 

https://www.investopedia.com/terms/t/the_greatest_generation.asp

All through American history, and probably throughout the history of mankind, parents and grandparents strived the make sure their children were better off than themselves.  This has always been the "American way" that I was taught from childhood.  Somehow, we have let our children and grandchildren, and future generations down when it comes to the ever-growing size of the federal government, deficit spending, and the astronomical size of the National Debt.

According to Forbes, the National Debt could be $78 TRILLION by 2028. At the time of the article, in August 2020, the National Debt was $27 TRILLION and projected to be $30 TRILLION due to the enormous amount of spending being done under the guise of #Coronapocalypse spending.  https://www.forbes.com/sites/mikepatton/2020/08/14/national-debt-to-surpass-78-trillion-by-2028-what-it-means-for-americans/

We are already seeing the Democrats pushing this new $1.9 TRILLION #Coronapocalypse spending bill that is above and beyond the already enormous annual national budget.  This could be the first of many multi-trillion-dollar spending bills during the first President Biden term.  Under President Trump, the #Coronapocalypse spending bills were under $1 TRILLION but that has already nearly doubled in Biden's first month in office.

Other talking points -- 

Convention Of States -- for Term Limits on Congress and a Balanced Budget Amendment

https://www.brookings.edu/policy2020/votervital/how-worried-should-you-be-about-the-federal-deficit-and-debt/

https://www.wsj.com/articles/the-non-covid-spending-blowout-11613937485

 

It's Time To EAT THE RICH... that's right... TAKE ALL THEIR MONEY!!!

Since the majority of our dumb-assed politicians don't have the balls to cut spending and balance the budget and start paying down the national debt of over $14 TRILLION and rising to over $20 TRILLION under Obama... here's a way to at least balance the budget this year!

HOW TO BALANCE THE BUDGET AND PAY OFF THE DEBT... GET RID OF THESE THOUSANDS OF ADVISORY BOARDS!!!

EDIT - OOPS... I obviously made a big boo-boo on my math and the figure should have been BILLION's, not TRILLION's... but still, that is a LOT of money and should still be cut from the budget.  Obviously, I should have double and triple checked my math before posting this one!  :-P

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So... I was just watching Fox News Channel reporting about Obama naming Immelt to head a new "Advisory Board" and in their follow-up reporting, they found that the Federal Government has OVER 1,000 different advisory boards with over 74,000 members sitting on these various boards. FNC further reported that just in the year 2000, the taxpayers paid OVER $200 MILLION for theses boards and that figure grew to OVER $350 MILLION in 2010 and is expected to be OVER $400 MILLION in 2011.

So... a little math and just between 2000-2010, the taxpayers paid AROUND $3 TRILLION for these boards. Now, with the national debt being over $14 TRILLION AND GROWING BY LEAPS AND BOUNDS, if we just got rid of all these boards, we would save OVER $4 TRILLION over the next 10 years but more importantly, if we did NOT have all these political patronage boards in the first place, we would not have a national debt at all. If we wasted AROUND $3 TRILLION in the past 10 years, extrapolating that even further back, I'm pretty sure we've spent MORE THAN $14 TRILLION over the past 50-70 years... the time frame that Washington, DC and all of the crooked-assed politicians started growing by leaps and bounds and pissing away so much of the taxpayers money on bullshit and frivolous programs... including these thousands of boards.

The President should end all of these boards by executive order but since he has been creating more and more boards in the past two years, I'm sure he won't... so it's up to the Republicans and hopefully some Democrats in Congress to pass legislation and budgets that defund these boards so they'll all just go away.

And... since I'm sending this email to ALL of my politicians from Louisiana and Washington, how about Louisiana getting rid of all of their bullshit boards and committees that cost us money at the state level. We elect you politicians to do YOUR JOB... not to hire boards and committees to do your job for you. If you can't do the job, then quit and let us hire/elect someone who can do the job without stealing more of our hard earned money!!!!

Lenny Vasbinder

NOTE - THIS WAS ALSO SENT TO ALL OF MY POLITICIANS USING THE TEA PARTY CITIZEN ACTION CENTER.  http://www.votervoice.net/Core.aspx?AID=1219&APP=GAC&SiteID=0&IssueID=21315

A Taxpayer Petition in Support of Preventing Tax HIkes - NTU.org (National Taxpayers Union)

I just signed the petition from the NTU directing Congress to pass legislation continuing the current tax rates (aka The President Bush Tax Cuts), otherwise a THREE TRILLION DOLLAR tax hike will take place next year... and we all know that Washington does NOT need to be spending and wasting even more money.  They already get $2.4 TRILLION to spend and can't even spend that responsibly and since Obama has been in office, they have been spending over a TRILLION DOLLARS MORE than the allowed $2.4 TRILLION (meaning deficits of OVER A TRILLION dollars a year under Obama AND $1.4 TRILLION THIS YEAR... which would be comparable to a family making $100,000 a year and spending over $140,000 a year and we all know that won't work!!!!)

Anyhow.. here's the link where you can sign the petition and I strongly encourage you to do so.

https://secure3.convio.net/ntu/site/Advocacy?cmd=display&page=UserAction&id=983&JServSessionIdr004

A Taxpayer Petition in Support of Preventing Tax Hikes

If Congress doesn’t act before the end of the year to prevent it, we’ll see an enormous $3 trillion tax hike take effect on January 1, 2011. Every single American, rich, poor, or in between, will see their income taxes rise, investment taxes skyrocket, and the revival of the currently expired Death Tax. These new burdens will devastate families and businesses across the country as they struggle to shake off the effects of the recession. Congress should act immediately to permanently extend current tax rates.


Recipients:
 
President Barack Obama
Your Senators
Your Representative

Message


A Taxpayer Petition in Support of Preventing Tax Hikes

Dear [Decision Maker],

Whereas, failing to act before the end of the year would lead to $3 trillion worth of tax hikes taking immediate effect at the beginning of 2011;

Whereas, failing to act before the end of the year would cause every income tax bracket to rise, investment taxes to skyrocket, and the currently expired Death Tax to return with a vengeance;

Whereas, higher taxes will devastate our shaky recovery by reducing incentives for individuals and businesses to work and invest;

Whereas, more than 300 economists from all across the country and the ideological spectrum signed on to a letter supporting extension of lower tax rates;

Whereas, the American people sent a resounding message in the 2010 midterm elections that they support lower taxes and smaller government;

Therefore: I urge the President and the United States Congress to act immediately to prevent huge new tax burdens by permanently extending current tax rates.

Sincerely,

[Your Name]
[Your Address]
[City, State ZIP]

Thank You Mr. President!

A picture speaks a thousand words!

Is America Better Off Today Than It Was Two Years Ago???

While reading this article, "20 Questions for the Obama Regime", the last question prompted the title to this blog. Not withstanding the other 19 very important questions, answers and FACTS in the rest of the article, lets look at a few FACTS, in my own words!

Two years ago, unemployment was under 6% and was usually between 4% and 6% during President Bush's two terms... and since Obama took office, unemployment has hovered between 9.5% and 10%, even after Obama promised us it would not go over 8% if Congress passed Obama's Spendulus package, which has mostly failed... so we're not better off with unemployment. http://www.miseryindex.us/URbyyear.asp?StartYear=2000&EndYear=2009

Two years ago, the national debt was under $10 TRILLION and since Obama took office, his deficit spending of over a TRILLION dollars and nearly TWO TRILLION DOLLARS A YEAR has raised the national debt to OVER $13 TRILLION... a 33% increase since Obama took office. (Side note: When the Democrats took over Congress in 2006, the national debt was a little over $8 TRILLION so it's up around 60% in only four years of Democrat control... with projections, if Obama and the Democrats stay in control, of OVER $20 TRILLION!!!)... so we're not better off with the deficits and national debt.

The Misery Index during eight years of President Bush averaged only 8.11% and under Obama, the Misery Index has averaged 9.88%, OVER a 20% increase. The Misery Index has been down in single digits from 1993 until Obama took office and has been in double digits the past nine months... so we're not better off with the Misery Index. http://www.miseryindex.us/indexbypresident.asp
http://www.miseryindex.us/raw_data.asp

Since 9/11, there were NO terrorist attacks on American soil but since Obama has taken over and started babying the terrorists... or rather "man caused disasters" as he and his administration started calling terrorist attacks, there have been MANY terrorist attacks on American soil, fortunately a couple of them have failed due to the DUMB-ASSED terrorists but if they had succeeded, there would have been dozens, if not hundreds of Americans killed in those failed attacks. The ones that have succeeded resulted in dozens of American deaths on American soil... so we're not better off with terrorist attacks IN America!!!

I could go on and on but I think you get the point!

AMERICA IS NOT BETTER OFF TODAY THAN WE WERE TWO YEARS AGO... THANKS OBAMA!!!!

Lenny Vasbinder

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Click on this link, http://lennyvasbinder.blogspot.com/search/label/Economy, to read more of my blogs about the Economy.

You can click on the Comments link below to open the Comments section to
leave your comments.

No Taxpayer Union Bailouts... Period!

The liberal-socialist Democrat led Congress is now trying to bailout all of the unions to the tune of $165 BILLION. This just cannot happen. America is already on the verge of bankruptcy and the Democrat led Congress has more than DOUBLED the National Debt in the past three years, from $6 TRILLION to OVER $13 TRILLION today with a projected $20 TRILLION National Debt by 2015 unless something is done TODAY!!! This debt is being passed on to your children and grand-children and it simply has to stop.

Using the Tea Party Citizen Action Center, please do like I did and send the following email to ALL of your elected thieves... ooops.. I mean your politicians.

Below is the email I just sent to all of mine!

Lenny Vasbinder

-----Original Message-----
From: donotreply@votervoice.net
Sent: Monday, June 14, 2010 7:53 AM
To: Leonard Vasbinder
Subject: Confirmation of: No Taxpayer Union Bailouts... Period!

***Please do not reply to this email--this confirmation simply lets you know that your message was sent.***

Leonard Vasbinder:

Your message has been sent to the following recipients:

* President Barack Obama
* Vice President Joe Biden
* Senator Mary Landrieu
* Senator David Vitter
* Representative Steve Scalise
* Governor Bobby Jindal
* Secretary of State Jay Dardenne
* Attorney General Buddy Caldwell
* Senator Conrad Appel
* Representative Kirk Talbot


The content of your message is as follows:

Dear [The message(s) you sent had each recipient's name here]:

Enough is enough. The United States is on the verge of insolvency... actual employment is approaching 20% and Americans are finding it harder and harder to make ends meet.

And yet, elected officials on both sides of the aisle are pushing a taxpayer funded bailout of poorly managed union pension plans that, according to a number of news reports, may carry an initial price tag of $165 billion.

H.R. 3936 and S. 3157 must never see the light of day. Union pension plans are not a government entitlement program and the American people have no duty or obligation to financially support your political schemes, scams and payoffs. This insanity must stop!

Further...

What Happened To Obama's Promise To End Bailouts?

On April 14, 2010, Obama met with Congressional leaders from both parties and promised to put an end to bailouts.

Specifically, according to a statement issued by White House Press Secretary Robert Gibbs after the meeting: " ... he [Obama] reaffirmed his belief that we must end taxpayer bailouts, end 'Too Big To Fail' and that he would not accept a bill that did not pass that test."

But apparently, many in Congress aren't taking Obama at his word. And why should they? After all... they know the score... they can read the handwriting on the wall... and they know what they must do to maintain power.

After all, in his autobiography "Audacity of Hope," Barack Obama himself admitted, "I owe these unions."

The American people are turning against the extreme policies of the Obama administration and the irresponsible spending of liberals in Congress.

A revolution is brewing. Actual unemployment is approaching 20%. Our economy is teetering on the verge of bankruptcy and liberals know that rewarding Big Labor is one of the steps that they must take to counter the backlash that is coming from the American people to maintain power.

And, yet the liberal politicians in Washington seemingly have no problem fighting YOU with YOUR MONEY.

Well... we have a problem with it and we know that you have a problem with it too. And together, we're going to let them know that we're not going to permit or allow political payoffs on the taxpayers' dime.

Sincerely,

Leonard Vasbinder

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You can click on the Comments link below to open the Comments section to leave your comments.

GOD Help America... Check Out This Graph Of The Deficit

Click Image To Enlarge

Yes folks, that graph shows the OUT OF CONTROL spending by the Obama administration... many times worse than what was done by George W. Bush, which was bad enough. In just one year, Obama did more DEFICIT SPENDING than George W. Bush did in his lat four years in office... including the first Wall Street Bailout right near the end of his last year in office. Here are the actual deficits for 2005 thru 2008 (W's last four years) which total $1.1 Trillion over four years... and then Obama's 2009 ONE YEAR deficit of $1.4 Trillion and the 2010 Deficit is projected to possibly be even more than 2009's deficit.

Date Value
2005 -318346
2006 -248181
2007 -160701
2008 -458555
2009 -1412686

This graph and information is right from the White House Office Of Management And Budget (or the OMB). Here's the same graph on the St. Louis Federal Reserve's page.

Lenny Vasbinder

Here's another view of the graph...

And check out what the NATIONAL DEBT has done since 1939 and then in the last four years of GWB and now in just one year of Obama. This is what happens when THE PEOPLE sit on their hands and let crooked politicians do whatever they want with OUR MONEY. Even the below images are out of date now. As of today, the actual National Debt is OVER THIRTEEN TRILLION DOLLARS with OVER ONE TRILLION DOLLAR PER YEAR deficits planned for the rest of Obama's term so the NATIONAL DEBT WILL BE NEAR TWENTY TRILLION DOLLARS AFTER OBAMA!!!!