Proverbs 22:3 NLT

A prudent person foresees danger and takes precautions. The simpleton goes blindly on and suffers the consequences.

-- (((Charles Finney, said the following: “If
there is a decay of conscience, the pulpit is responsible for it))) --


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Investment Watch

X22 Report is a daily show that will cover issues surrounding the economic collapse

Tuesday, October 22, 2013

By Michael Mccune: The Rant (US Government auditor for 16 years In Cheyenne, WY. -Idle Youth Huge Problem In U.S. Economy - (( to Have Michael send you the Rant to your Email contact Him Here ((

Idle Youth Huge Problem In U.S. Economy 

In three months the United States' government will face yet another budget battle.


If the U.S. is to remain the same country it is today, the Republicans cannot afford to cave again but must stand firm and overhaul the entire entitlements area. If the GOP allows the status quo to prevail yet again, the U.S. will die economically first and then as a viable country and finally it will be annexed by someone else.


The failure to stand firm after the partial government shutdown (personally I feel the entire apparatus should have been silenced until all social programs were dismantled) made the rift in the GOP much larger. The leadership is totally separated from its base now. If it hopes to have any impact, it must rediscover the position the base wants.


In the money war, nobody will win. But the country that emerges will more closely resemble the one that turned the tide in WWI; a country much more private sector friendly and devoid of the bureaucratic fat it is saddled with now.


Individual Americans will be hurt. Those dependent on Social Security, Medicare, disability, food stamps, housing assistance, or any of the other thousand welfare programs will take a hit. But here's a novel idea, one that has been forgotten--get your family back together. Pool your resources. I grant you it is not as much fun as running around in your retirement looking for the Fountain of Youth and it might be a drag to take care of the old fogies, but that's where all this government nonsense about a welfare state began anyway.


As individuals we allowed the government to take care of what should be our personal responsibilities. In exchange for shifting this burden, we just shifted a few dollars from our pocket to government's never realizing the government view would change and they would want it all.


Look at the overall picture. Financially the path we are on is out of control. Default, whether now willingly or later by force, is unavoidable with a drastic change to government spending.


But long before we would be ready for such an even the "Lost Generation", not to be confused with the Greatest Generation or the Baby Boomer Generation or Generation X or whatever catchword is use, the Lost Generation will undermine any government attempt to correct the situation.


What? You missed the Lost Generation's birth! How inattentive you've been! It's right here, right now. It is the same generation that hampered the European Union's economy. It is the format for revolution whether you look at 18th century France, 20th century Russia or any other era's revolution. It is a cadre formed by youth who have no other options but to take what they need.


It is the Youth of America today.


According to a study released by The Opportunity Nation this morning, six million youth (almost two percent of the entire population) are neither in school or working. Six million is much more than a number, it represents 15% of the young people aged 16-24 in the country with neither a job, a desk or hope.


They are missing the chance to develop skills they will need later in life. They are missing the chance to utilize the lackluster, government-driven education they received because they are sitting on the sidelines watching for the economy to give them an opening.


Sorry bro, it ain't gonna happen! Now we have government political flacks saying the only way to "fix" Social Security is to raise the retirement age.


Hm-m, youth are out of work because too many older folks are clinging to their jobs trying to make up for the last decade when they saw their retirement plans take a major hit and now the elected politicians want to solve the backlog problem by extending the work life of the older set. There's a faulty logic there and it begins when politicians no longer stick to running the government but try to solve social issues.


Hey idiots, I have some bad news for you. That kind of thinking is not what made this the best country on the planet. But it is indicative of why we find ourselves in this position.


But step back to the 15% of that generation the six million unemployed or out-of-school in the 16-24 age group actually means.


Less than 10% of the youth began the revolution in France in the 1780s. Less than 4 percent of the population actually fought against the Russian White Army and with Lenin in 1917. Those six million youth, had they voted for Republican candidates who firmly rejected the socialistic state, would have swung the last election to--oh yeah, Romney.


Sorry again, GOP, but there was no difference between your candidate and the one who won the election. We would still be stuck with the (Un)Afforable Patient Care Act. We would still be running trillion dollar annual debts and we would still be facing a nasty budget debate.


When both parties are mirror images of the each other just moving at different speeds, there is no real choice. These wayside six million youths will be far more of a problem in another decade than either the government or the economy will be able to handle.


You cannot fix hopelessness, which is what the six million represent, with another government program. Only an unfettered, free economy without the onerous tax burdens currently levied have a chance to overcome the despair.


The GOP can step into this gap and reach out to these youth but they have to do it now by showing them that their own effort will be rewarded by the economy not taken by the government.


The six million represent The Land of Opportunity in a way that was unimaginable a short lifetime ago. They truly have Doom and Ignorance written on their foreheads.  


"I have sworn on the altar of God eternal hostility to every form of tyranny over the mind of man."--Thomas Jefferson


Just a reminder I will be speaking at the Perkins Restaurant in Loveland, CO this Friday morning. The gathering will begin at 6:30 with the program starting at 7 and running to 8:30. Perkins is located on the NE quadrant of the Cross Roads Blvd/I-25 junction.--Mike


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