The Failure Of A Culture

The current economic crisis is not a failure of capitalism  – trade without government intervention unless violence is engaged – but a failure of culture, according to the new documentary “Generation Zero.”  The movie goes beneath the shallow media headlines and talking head sound bites to get to the source of today’s economic nightmare. With a cutting edge style and haunting imagery, this is a “must see” documentary.

“If I told you that “Generation Zero” is the best movie about deficit spending and national debt that you will ever see, would you think I was making a joke?  OK, there’s not much competition in the “fiscal film” category. But “Generation Zero” would win, because it’s a brilliant movie; in reality, it’s a work of art that happens to be about red-ink spending.”

James P. Pinkerton


“Generation Zero” explores the cultural roots of the global financial meltdown – beginning with the narcissism of the 1960’s, spreading like a virus through the self-indulgent 90’s, and exploding across the world in the present economic cataclysm.

“Generation Zero,” a new documentary produced by Citizens United head David N. Bossie and writer/director Stephen K. Bannon presents a compelling indictment of runaway federal budgets under President Barack Obama.

As such, “Generation Zero” will become an important statement dedicated to expressing the core concerns of the millions of independent voters and middle-class Americans participating in the rapidly emerging tea-party movement.

“Generation Zero” is Bossie and Bannon’s name for the now retiring baby boomers who were born into unprecedented prosperity made possible by the economic sacrifices of their Depression-era grandparents and the valor of their World War II-generation parents.

Blame The Baby Boomers

The documentary attributes the U.S. fiscal meltdown to undisciplined baby boomers coming to maturity and gaining power.

The Great Depression Generation’s efforts to prevent their children from having to suffer the horrors of The Great Depression and World War II, overly nurtured and protected them, unwittingly instilling in them an outlook of selfishness and irresponsibility.

The Greatest Generation also put into place many institutional protections against the kind of financial recklessness that led to the Great Depression.

After they all retired and died, the documentary alleges these protections and rules were gradually removed or ignored, and the financial crisis of 2008 happened as a result of the next generation’s selfishness and irresponsibility.

It suggests the generation that grew up as the hippies of the 1960s eventually came to power and promoted their outlook upon the financial markets, taking reckless risks — because having enjoyed prosperity all their lives, they believed there could be no downside to their decisions.

“Generation Zero” goes beneath the shallow media headlines and talking head sound bites to get to the source of today’s economic nightmare. With a cutting edge style and haunting imagery, this is a “must see” documentary.

Featuring experts, authors, and pundits from across the political spectrum, “Generation Zero” exposes the little told story of how the mindset of the baby boomers sowed the seeds of economic disaster that will be reaped by coming generations.

Here’s a little preview of the movie:

In the 1950s, parents determined that their children would be sheltered from the economic hardships of the 1930s and the wartime sacrifices of the 1940s; their offspring were coddled growing up in a childhood of Beaver Cleaver suburbs.

“Turning on” and “dropping out,” the Woodstock generation rebelled, turning against traditional American values and embracing instead the anti-American anger of the far-left.

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Internalizing Saul Alinsky’s call to use Machiavellian principles that the “end justifies the means,” a long list of far-left activists since the 1960s, culminating in Barack Obama, preached social justice in their bald pursuit of political power.

The unrelenting goal of the Alinsky-coached political left is to redistribute wealth from America’s “haves” to the “have-nots” in a conviction that America is a racist nation that produces a social inequality only reversible by an attack on capitalism itself.

The inevitable result, Bossie and Bannon argue, was the creation of an ever-expanding government-funded welfare state Americans can no longer afford.

Now with Barack Obama in the White House, Bossie and Bannon argue, “Generation Zero” has added control of the White House to the political left’s already achieved control of the mainstream media and academia.

By passing health-care reform, the Obama White House is determined to explore the final socialist frontier of socialized medicine as a necessary step, regardless of the cost.

When socialized medicine is finally in place, the Woodstock generation will realize its crowing dream of creating in this land a socialist utopia, playing out fully the political left’s anti-capitalist, anti-imperialist, anti-American 1960s angst.

Unsustainable budget deficits measured in the trillions of dollars are, in Bossie and Bannon’s view, the inevitable consequence of a generation where drugs and rock ‘n’ roll have gone bad.

The Most Important Movie of the Year

“Generation Zero” is the most important movie of the year, contributing writer at Fox News, and editor/founder of the Serious Medicine Strategy blog, James P. Pinkerton, writes.

“So the bad news is that no system, not even the best, is guaranteed survival. In fact, the historical odds seem to be against the long-term flourishing of our American experiment.”

“But the good news is that we have been warned–most recently, by “Generation Zero,” parts of which have already aired on Fox News and Fox Business News.”

“As “Generation Zero” reminds us, our fate is in our hands. We can learn from our mistakes, we can change our fate, we can save our country. If we want to.”

Check out the “Generation Zero” website.

Related by the Econotwist:

Wild-West Capitalism (Don’t Blame The Baby Boomers)

Goodbye Keynes – Hello Ricardo!

US Congress Question Morals of Monetary Policy

Is World War III Approaching?

Beware: Global Asset Bubbles Growing!

Siberian Shaman: 2012 Solar Storms Will Trigger Collapse Of The West

EU’s Administrative Costs Set To Rise 4,4% In 2011

Norway’s al-Queda: A Chinese Muslim, Some Baking Soda and Puff! There Goes Privacy…

How Is This Possible?

Fitch: Global Economy At Critical Juncture

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2 Comments

Filed under International Econnomic Politics, National Economic Politics

2 responses to “The Failure Of A Culture

  1. Wonderful site and theme, would really like to see a bit more content though!
    Great post all around, added your XML feed! Love this theme, too!

    • econotwist

      Thanks a lot!

      I’m continuously working on developing the site(s). Feedback is very valuable to me 🙂

      More content – of various kind – will pop up from time to tiime 🙂

      Best Regards
      econotwist