The Brokest Generation

This is the biggest generational transfer of wealth in the history of the world. If you're an 18-year-old middle-class hopeychanger, look at the way your parents and grandparents live: It's not going to be like that for you. You're going to have a smaller house, and a smaller car – if not a basement flat and a bus ticket. You didn't get us into this catastrophe. But you're going to be stuck with the tab, just like the Germans got stuck with paying reparations for the catastrophe of the First World War. True, the Germans were actually in the war, whereas in the current crisis you guys were just goofing around at school, dozing through Diversity Studies and hoping to ace Anger Management class. But tough. That's the way it goes.

Mark Steyn.

P.S. Gregg to Geithner--you're lying. HotAir. And, the Nebraska model--the way things ought to be:

There will be items uncovered that can't be explained or that some don't want made public. For example, while setting up NebraskaSpending.com we found a surprising amount of money spent on size 13 boots by the department of corrections. When officials realized their numbers were about to be put online, they updated their expenditures to reveal that the money had actually gone to guard uniforms. Once our site went live, we got calls from other agencies asking to update their numbers. They knew Nebraskans would pay attention. Over the past year, more than 400,000 visitors have dropped in on our site, spending an average of 20 minutes.

More: Grumbling among Dems. Tribune. Plus tax madness in Illinois--how to drive more people out of state.