Baby Boomers making out like bandits as usual

ILW

ruggedtoast wrote: »

I've lost track of all the boomer-centric pro establishment apologia written by pro-establishment boomers since I last posted.

Its all very well shutting yourself in from the cold and accusing the people hammering on the door of being bitter.

You lot take the cake. The only reason you clowns didnt manage to get us all killed in nuclear Armageddon in the cold war was because the Soviets eventually stepped down and chose sanity over apocalypse.

They were then extricated in an economic arms race they couldnt hope to win because they were foolishly trying to compete with real money based on actual wealth and production, whereas the boomer West were just pulling intangible money out of your a55es, appending a 2 digit interest rate to it and slinging it over your shoulders to land in the faces of your children to worry about.

The only way this country will get back on its feet is if you lot take some of the enormous wealth you have hoarded through rocketing capital appreciation, stifling housing supply, and racking up debts for others to pay, and hand some of it back. Yes, back. Otherwise how are you going to look into the faces of the poor, the destitute, the derelict, the hopeless and the broken down?

Mark my words, a day of reckoning is coming and when it does, The Boomer will be found wanting.

Or you could just do some work, earn some money and buy yourself a house.

Just a suggestion.

FATBALLZ

lilac_lady wrote: »

I remember interest rates at 15%. My generation had to cope with that with great difficulty. Everything was not handed to us on a silver platter as many younger people seem to think.

Funny how you can remember that but people like you always forget MIRAS. (and obviously the vastly lower borrowing required at the time)

Crash_Over

ruggedtoast wrote: »

Its all very well shutting yourself in from the cold and accusing the people hammering on the door of being bitter.

Most FTB wannabees could have bought a nice cosy home, but preferred pi$$ing their money up against the wall and buying £150 designer jeans instead.

Now you're paying £700 pw rent and can't save for a deposit. Enjoy your ipods, x boxes and i phones, that's all most of you will ever own.

Oldernotwiser

OptionARMAGEDDON wrote: »

And dont you lot like to bore us to death with this trot each time this discussion comes up. As i remember it, your generation didnt do too well with a 70% increase in mortgage interest if my memory serves me right....

I had it out with a boomer the other day in work. was whiningg about his pension being cut. I tried to explain that his generation hadnt paid into the system enough and was expecting too much, especially in terms of nhs care on top of benefits in retirement (pension).

I have not paid a penny interest on credit cards in 5 years, am only just 30 and have been a top rate tax payer for 4 years. what i despise the boomers for their want it all NIMBYism attitudes that the world should revolve around them. the coalition cuts should start with state benefits in retirement, taxes on holiday homes in spain and winter fuel payments, which many spunk up the chimney out of spite rather than need.

Amazing - someone who's been earning enough to be paying the higher rate of tax since his mid twenties and he thinks he's hard done by!

Which planet do these people come from?

ILW

Oldernotwiser wrote: »

Amazing - someone who's been earning enough to be paying the higher rate of tax since his mid twenties and he thinks he's hard done by!

Which planet do these people come from?

The Planet Loriel. "Because i'm worth it".

Aberdeenangarse

Oldernotwiser wrote: »

Which planet do these people come from?

Uranus :rotfl::rotfl::rotfl:

reweird

Oldernotwiser wrote: »

Amazing - someone who's been earning enough to be paying the higher rate of tax since his mid twenties and he thinks he's hard done by!

Which planet do these people come from?

The planet moron which orbits the suns 'Self-entitled' and 'Bitter'

Fred_Bear_2

Fred_Bear wrote: »

Totally agree. Why can't we have a civilised discussion where we learn from each other? Older people obviously have more experience but younger people know what it's like to be making their way in life now, with today's problems. Anyone up for that?

What was I thinking?

OptionARMAGEDDON

Crash_Over wrote: »

Obnoxious moron.

Great counter argument. Why dont you go out and campaign about not building in the countryside or renew your daily mail subscription grandad. Another thing. My generation will be in power in a decade and you lot have got it coming.

Going4TheDream

ruggedtoast wrote: »

I've lost track of all the boomer-centric pro establishment apologia written by pro-establishment boomers since I last posted.

Its all very well shutting yourself in from the cold and accusing the people hammering on the door of being bitter.

You lot take the cake. The only reason you clowns didnt manage to get us all killed in nuclear Armageddon in the cold war was because the Soviets eventually stepped down and chose sanity over apocalypse.

They were then extricated in an economic arms race they couldnt hope to win because they were foolishly trying to compete with real money based on actual wealth and production, whereas the boomer West were just pulling intangible money out of your a55es, appending a 2 digit interest rate to it and slinging it over your shoulders to land in the faces of your children to worry about.

The only way this country will get back on its feet is if you lot take some of the enormous wealth you have hoarded through rocketing capital appreciation, stifling housing supply, and racking up debts for others to pay, and hand some of it back. Yes, back. Otherwise how are you going to look into the faces of the poor, the destitute, the derelict, the hopeless and the broken down?

Mark my words, a day of reckoning is coming and when it does, The Boomer will be found wanting.

And what exactly does the price of value of a baby boomers house have to do with the arms race?

As I thought absolutely nothing.

Your arguments really are as shallow as a puddle and quite laughable.
Its seems the only thing deep about you is the ingrained bitterness and anger that you hold for a generation who you believe, owe your generation something. You have not come up with one credible argument to support that.

Many of those people at your age were busy rolling up their sleeves and getting on with life, working hard and making sacrifices to achieve their goals. Not sitting around on forums in their designer clothes, surrounded by their latest tech, probably on credit, blaming anyone and everyone else for their situation, hoping others feel sorry for them