In response to:

Future Generations

Hard Thought Wrote: Dec 05, 2012 6:40 AM
Deficit spending is the worst form of child abuse. WE are litterally selling our kids into indentured servitude to satisfy the wants, I said wants not needs, of today's taxpayers. Is that what you voted for? Selling your children and grandchildren into slavery? You may not think so, but it was.
Hard Thought Wrote: Dec 05, 2012 8:02 AM
Shoulda been "We" and "literally" fat fingers...
Pete1215 Wrote: Dec 05, 2012 7:55 AM
Precisely. We are being massively sinful.
Is there any reason for today's Americans to care about what happens to tomorrow's Americans? After all, what have tomorrow's Americans done for today's Americans? Moreover, since tomorrow's Americans don't vote, we can dump on them with impunity. That's a vision that describes the actual behavior of today's Americans. It would be seen as selfish, callous and ruthless only if it were actually articulated. Let's look at it.

Businesses, as well as most nonprofit enterprises, by law are required to produce financial statements that include all of their present and expected future liabilities. On top of that, they are...