If you are a member of one of the generations after the Baby Boomers, you must start to become educated on America’s financial health or lack thereof. At home, we all have to watch our budgets. We all have to balance out how much money we bring in and how much it is going out. Including in our budget is our borrowing, things like mortgages, car loans, student loans, and credit cards all make up our budget. It is incumbent on us as citizens to watch and control the nation’s budget. After all, we do not want to see our country go bankrupt and experience the horrors that would accompany that.

The Baby Boomers are people that were born between 1946-1964 and the rest of the people alive is us. The Boomers were by any measure the most destructive generation that America and the world ever produced. For some reason, which we are still studying, the Baby Boomers are the only generation in the history of America that does not leave behind a better world than they were handed. Think about that. For hundreds of years the generation before left something better for the next generation, but not the Boomers.

The Boomers were and are a self-absorbed venial group of people that lived in and for the moment. They took a country that was built and handed to them by what is called The Greatest Generation, and they looted the nation’s bank and ruined everything in their path. The borrowing of their generation represents the biggest heist in the history of the world. Their borrowing for endless wars and so many other mishaps amounted to tens of trillions of dollars in wealth that was stolen from the following generations that came after them. So, let’s take a look at the money, let us focus on their heist.

Back when George W. Bush was president the heist began. Under Obama, the heist went into warp speed. Then, Donald J. Trump comes in and kicks up the “borrowing and spending” to Light Speed. Joe Biden walks through the door of The Oval Office and continues the “borrowing and spending” to oblivion. There were those of us who stood on the mountaintops with bullhorns trying to get people to understand they were in the middle of a robbery. A full-blown heist involving the Federal Reserve started in September 2008 and there is still no real public understanding of what has happened here.

In 2008-2009 it was called The Great Recession, and it was one of the biggest events of my lifetime. That says a lot because I am Generation X and I have seen it all. The Great Recession was terrible to live through. America watched their neighbors, and their families hit the streets. So many people lost their homes that I saw entire families with their dogs stand on a corner asking for help. Block after block “for sale” signs consumed the suburbs. Certain cities were hard hit, and it wiped out whole towns. There are still neighborhoods in Nevada, for example, that still have not recovered. The scale of what was stolen here dwarfs all previous heists known to mankind in history:

The Antwerp Diamond Heist

The Banco Central Burglary

The Knightsbridge Security Deposit Robbery

The Harry Winston Heist

The Baker Street Burglary

The Central Bank of Iraq Heist

The Gardner Museum Art Heist

The Great Brinks Robbery

The Agricultural Bank of China Robbery

The Great Train Robbery

All of these heists combined don’t even come close to what has happened here in America. The scary part of this uneasy ignorance regarding this heist is when it comes to the public understanding of this and how people don’t apperceive that in time, we cannot recover. What is important here is the fact that it doesn’t matter what political party you come from or what your views are about anything at all. The sheer mathematics and finance of this is paramount, and it is unsustainable.

I think the word unsustainable is underestimated and underscores the seriousness of our situation. We have a scenario where the Federal Reserve and a handful of people in the banking system have grabbed more money over decades than anyone could ever possibly understand. More money than could ever be paid back. More debt than there are people to pay it. That is only the money put on the balance sheets of the Federal Reserve. The off-balance sheet raid on the Fed is so big that you would have to stretch your brain around a willing suspension of disbelief.

Do you understand that? They can’t even tell us where the money went. They refuse to identify the recipients of any of the money that was off the balance sheets. No one is following the money. No one is watching the till. They are bankrupting the greatest nation and economy that the world has ever seen. What will you do when the US Dollar collapses and the economic system crumbles to the ground? Every dollar you own will be worthless. It won’t matter if it is in your bank or under your mattress. It will be worthless. How will you eat? How will you pay your bills? What are you going to do when it all comes apart? It is time for Generation X, the Millennials, Generation Z, and all of the unnamed generations to come to address America’s “borrowing and spending” anathema handed down to us by the Baby Boomers. Pay attention and follow the damn money!

C. Rich

CRich@AmericaSpeaksInk.com

C. Rich

C. Rich is the voice behind America Speaks Ink, home to the America First Movement. As an author, poet, freelance ghostwriter, and blogger, C. Rich brings a “baked-in” perspective shaped by growing up on the streets and beaches of South Florida in the 1970s-1980s and brings a quintessential Generation-X point of view.

Rich’s writing journey began in 2008 with coverage of the Casey Anthony trial and has since evolved into a wide-ranging exploration of politics, culture, and the issues that define our times. Follow C. Rich’s writing odyssey here at America Speaks Ink and on Amazon with a multi-book series on Donald Trump called “Trump Era: The MAGA Files” and many other books and subjects C. Rich is known to cover.

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