Dear ,
Season's Greetings
Will They Make the Same Mistake?
I think about the young ones in generation Y - their enthusiasm and energy, their ability to reason why - They can clearly see the burden which hasn't reached them yet, passed down by past generations - that burden's known as 'Debt'. Now how on earth did it get this way, us 'oldies' are not all dills - Were some of us looking the other way or brain dead on too many pills? Did they fall for the same old story, known as the 'political curse' - spending to buy the peoples' votes which, of course, makes everything worse. "You can live at someone else's expense", goes the old political song, "Give us your vote, you lovely folk and you'll see we will do no wrong." "We are handing out these millions while someone else is paying." Remember the bandit, Robin Hood, had a very similar saying? If we calculate what is owing with some really simple accounting, you will see that the debt, when the bill comes in, will be huge - and constantly mounting*. Will some feel guilty, knowing their votes were bought with the embezzled money of a generation yet unborn? The tragic result? - Not funny! Meanwhile our Generation 'Y', having started in a hole, will hopefully vote in cynical vain and so avoid selling their souls. Having recently contacted and questioned, a number of young ones I know, they made me feel quite optimistic that the future will reap what they sow. Wishing you a happy and safe festive season. *At Sept. 2011 Australia's net foreign debt was $740.5 Billion. Dividing by the population = $32,494 per person. + Total household debt was $1,100 Billion = $48,302 per person. Grand Total, per person = $80,796.
Ron Manners 19th December 2011 www.mannkal.org |