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CleanGreenFuture Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 03:40 PM
Original message
The Fourth Turning
Strauss & Howe

http://www.fourthturning.com/

A prediction published in this book from 1997:

"An impasse over the federal budget reaches a stalemate. The president and Congress both refuse to back down, triggering a near-total government shutdown. The president declares emergency powers. Congress rescinds his authority. Dollar and bond prices plummet. The president threatens to stop Social Security checks. Congress refuses to raise the debt ceiling. Default looms. Wall Street panics."
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Dawson Leery Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 03:52 PM
Response to Original message
1. kick
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CleanGreenFuture Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 04:02 PM
Response to Reply #1
2. Thank you. I thought this was interesting. A dead-on prediction from ~15 years ago.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 04:04 PM
Response to Original message
3. It is a hokey way to explain Toynbee, but quite good
I mean Toynbee is a tad on the are you dense man? (It is when it was written) But it is in the same school. I find myself going back to that book often these days... we are there.

It is part of the cycle.
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nebenaube Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 04:23 PM
Response to Reply #3
5. I'm beginning to think that there diffinitely is one.
And the fact that I appear economically doomed appears to coincide with: when I was born.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 04:18 PM
Response to Original message
4. Kick, it matters
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LiberalLoner Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 04:30 PM
Response to Original message
6. K&R n/t
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3waygeek Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 04:33 PM
Response to Original message
7. Someone else listens to Thom Hartmann....
I heard a caller mention this, including the quote, just before 4PM ET on his Sirius/XM show.
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CleanGreenFuture Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 06:49 PM
Response to Reply #7
9. Yea, you got me. It struck me as interesting that Strauss & Howe got
today's scenario so right, even all the way back in 1997, especially considering the debt ceiling had never once been an issue for debate.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 07:41 PM
Response to Reply #9
12. They are in the school of Toynbee
and yes, we had a scenario like this... remember the Government shut down during Clinton's first term... so it wasn't that hard to look into this and say it is going to be over fiscal matters. They did not get the exact particular right, but they were predicting another budgetary crisis. While technically this is not one, it is.
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MadinMo Donating Member (519 posts) Send PM | Profile | Ignore Tue Jul-26-11 04:54 PM
Response to Original message
8. K&R
Wow.
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Jon Ace Donating Member (66 posts) Send PM | Profile | Ignore Tue Jul-26-11 06:54 PM
Response to Original message
10. Chilling.
...and if nothing is done soon, a possibility.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 07:39 PM
Response to Original message
11. Kick
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Odin2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 07:43 PM
Response to Original message
13. I post as "Odin" on their message board.
http://www.fourthturning.com/forum/index.php

It's a great book and I recommend that everyone read it.
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PotatoChip Donating Member (481 posts) Send PM | Profile | Ignore Tue Jul-26-11 08:07 PM
Response to Reply #13
14. As do I. n/t
Edited on Tue Jul-26-11 08:08 PM by PotatoChip
Recommend I mean. :-)
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 08:18 PM
Response to Reply #13
15. I post, but not often
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itsrobert Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 08:20 PM
Response to Original message
16. The Democrats have the Senate
How is the House going to revoke his powers by themselves.
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Hatchling Donating Member (968 posts) Send PM | Profile | Ignore Wed Jul-27-11 12:11 AM
Response to Original message
17. K&R
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