The baby boomers are known for the summer of love. The protests against the war. Sex, drugs and rock & roll.
So, what happened?
Now the boomers are THE war monger generation. Love and Peace have been sold out. Sex? The youngest generation is getting none. The drugs kill you, and often thankfully. And rock & roll is corporate shit.
The baby boomers sold out for money.
The govern-cement offered them money to keep quite, and they all got cushy corporate jobs.
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None of the stories are true.
The anti-war protests were because THEY were being drafted. Ending the draft, ended the protests.
The summer of love wasn't about love, it was about sex, free sex. The birth control pill had come out removing women's restraint for saving their virginity for a good man, now they could just go after the bad boy without any "regret".
And rock & roll was a psyop. The Tavistock Institute was behind most of the big bands. The Beatles, the Rolling Stones…
You couldn't play YOUR music and also get a record deal. Basically, you could play small bars and clubs for all of your life, or you could play what "the man" told you to, and have the money.
The boomers were always a sell out group. Just, why did they have to sell out so cheap?
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## The Boomers rise to glory on printed money
(In 1971 Nixon took us off the gold standard)
When you start the money printing scheme, everyone gets rich. You are borrowing from the future, and you have no past to pay. So, the boomers all got lovely mortgages. There was all kinds of jobs because money was flowing freely into the businesses that had always been held back by having to make money the hard way, earning it. Now they could just sell bonds to raise tons and tons of money.
Junk bonds made many people rich, because everyone could just borrow more money to pay them. Not because they were actually solvent. Just a ponzi scheme by any other name.
The wealth affect kept on going. Most upper middle class families had a 2nd home, a home just used for vacations. (imagine that zoomers, not just one home, but two homes, one that you only visit occasionally)
Growing businesses added lots of middle managers. And the boomers filled all the positions.
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## The boomers kick out all the rungs in the ladder.
The generation after the boomers had to deal with two big issues, the work force being doubled by woman now working and all the management positions were filled by boomers, who weren't going anywhere. (along comes diversity quotas, and young men were barred from higher positions. No, really. There needed to be more female managers, and the boomers weren't going to leave their positions, so all new or somehow emptied positions went to women. Men were denied promotions, ever, because of their gender)
All the cheap property went to the boomers. The next generation had to start moving mountains (literally) to have a place to build a home. The prices of homes was going way up, the quality of houses… every corner was cut. And so, the next generation had to work really hard to get into a house.
The children of the boomers had a lousy upbringing. (latch key kids) And their life suffered from there.
The next generation was raised by day-care, and had a future only if they worked really hard.
Now, you basically have to be a business guru to make it to what the boomer had handed them on a silver plate.
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## The chickens are coming home to peck their eyes out
Most of the wealth (that is not owned by the 1%) is tied up by boomers.
It is what is keeping the stock market high, it is what is keeping the bond market high, it is what is keeping housing prices high.
Now, the boomers are pulling all that money out, and down goes everything.
1 in 4 homes are owned by boomers. What happens when 25% of the housing market sits empty? This is not fear porn, this is just numbers, statistics, demographics. The housing market is not going to be a young family going a viewing the options they have to purchase, this is going to be, find a house that is empty and move into it. (of course, my outlook on suburban housing is even more dire than this)
The boomers failed to let the next generations have any of the wealth.
So, there is no one to sell their assets to. (Except maybe the bank, and their buying unit, BlackRock)
The lucky boomers will be the ones who move to mortuary plots soon. The unlucky boomers are the ones who will stick around a while their assets drop in value and their really is no health care. (not enough doctors, nurses, care facilities...)
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The end of the fiat ponzi system is here. This is great… with a side order of pain, and for desert, rebuilding everything.
The boomers have dug themselves a deep hole. And i doubt they are easily going to find a way out of it. What can they do? Their is nothing they can do to give back (their health and vigor are gone). Their is nothing they can do to make up for years lost by their children. They have nothing that the youngest generation want. They even lack what will be needed most, the information that kept their parents generation alive, gardening and canning. Storing up for the winter.
Sadly, the "pain pill" that Obomba and Turd-oe have been pushing as part of "health care" might be cynically accepted by the latest generation. Yeah, don't give grandma surgery, that is too costly, just give her a "pain pill". Euthanasia finally to get adopted by BigPharma, just before they die too.
I wish the boomers didn't sell out. I wish they were truly anti-war. I wish they really stood for peace and love. But they voted with their dollars. And now they, and us, have to deal with this mess.
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<center><em>All images in this post are my own original creations.</em></center>