The American Jewish Narrative 2.0--Israel Version

We have all been shocked and amazed in recent weeks as we have watched the instant unraveling of many Arab empires of the Middle East. On one level, we knew that the oppression and harsh authoritarian tactics that the leaders in Egypt, Tunisia, Bahrain, Yemen, Libya and elsewhere have used for decades to enrich themselves and exploit their people would come home to roost.


But no one foresaw the sweeping changes and revolts that are changing the landscapes of those countries overnight and, to be honest, no one knows how this story will play out.


For some self-proclaimed and organizationally-designated American Jewish leaders (Thomas Friedman once told me he had never met an American Jewish follower) this is simply the most recent and dramatic episode in a serious of changes that have rocked their world and marginalized The Jewish Narrative 1.0 that has served us so well for decades.


This latest tarnished truth is that all Arab Muslims in the Middle East are motivated by one emotion--their hatred of Jews and all-consuming desire for the destruction of the State of Israel. Those of us who have suggested that just maybe most Palestinians and others also have a desire to feed their families and secure a more promising future have been accused of being hopelessly naive and endangering the future of the Jewish people.


Despite the best efforts of self-described "pro-Israel" Jews and their media to find the anti-Semitic needle in the haystack, we have neither seen nor heard much mention of hatred of Israel or Jews on the part of the protesters.


It is certainly possible that the Muslim Brotherhood or Hamas-like groups will fill the voids that will are being created as dictators fall, but that is by no means certain at this point. Meanwhile, my Jewish friends keep sending me articles warning that these so-called revolts are really a way of turning on Israel and hastening its demise. The Jewish Narrative 1.0 predicts with certainty that it will be bad for Israel and the Jews.



Take for example that Israel is our Jewish homeland. Let's be honest.  Do we really believe that?  Can we call it our homeland in any real sense if it is a place where very of us were born and where, now that we have been free to move there for decades, few of us want to live?


As obvious as the answer might seem, it actually came as a huge shock and disappointment to most of my My Israeli friends have know this for 30 years now. They had assumed that once things in Israel settled down a little that all Jews would want to live there because anti-Semitism in the diaspora was so pervasive and rampant and that the quality of Jewish life in Israel was so unique and wonderful that we would all flock there.


They were shocked and unprepared for the fact that anti-Semitism in the U.S. would disappear pretty much completely and be replaced by an environment where Jews were considered very desirable marriage partners by gentiles and Judaism would become the most admired religion in America according to polls.


For those of us who live elsewhere, Israel has actually become a place of refuge for Jews who are not us (and others pretending to be Jews) who live in horrible places where everybody wants to get out and move to the U.S. Since the U.S. won't accept most of them, more than a million Jews have fled to Israel--not making aliyah but going to the only place that would take them. That is an important and wonderful outlet and Jews who live in horrible places are very lucky to have it as a choice. But it doesn't make Israel a Jewish homeland anymore than a battered women's shelter can be considered a homeland for women.


In addition, AIPAC and other groups that claim to be pro-Israel are no longer completely Jewish.  In fact, non-Jews comprise the fastest growing segment of AIPAC in recent years and passionate and compelling Christian speakers are regularly featured at the organizations events.  In addition, groups like Christians United for Israel (CUFI) have exploded in popularity, boasting more than half a million members in just five years of existence. 


CUFI is headed by Reverend John Hagee, a charismatic evangelical minister who was given a keynote speaking position at the AIPAC National Policy Conference and received multiple standing ovations.  When he is not out supporting Israel, Hagee has championed a number of positions on gender and abortion rights issues that are anathema to most Jews.  His statement that Hurricane Katrina was God's punishment to New Orleans for having a gay pride parade was among those that caused John McCain to reject his endorsement during the last presidential campaign. 


At the same time, groups like J Street are growing in popularlity inside the Jewish community.  A growing number of Jews who care deeply about Israel have grown uncomfortable with the notion that one is not allowed to be in the booster club if he ever criticizes the coach or players on the team.  Many Jewish leaders believe and have stated that once you criticize the Israeli government in public, you are automatically thrown out of the booster club.


I'm not saying whether this is a good or a bad phenomenon.  But what we no for sure is that times have changed a great deal and are continuing to morph every day.  Israel is increasingly viewed as an American ally and vibrant democracy by the growing numbers of non-Jews who are supportive and the pro-Israel movement is no longer the exclusively Jewish club that it once was.  Like most aspect of Jewish life in our country, it is becoming more American.


Another bug in the 1.0  program is that the Judaism that most of us practice is far more attractive and meaningful to us than what passes for religious Jewish life in Israel.  


The sad (actually tragic) fact is that many of us are repelled and ashamed by the statements and actions of Jewish rabbinic leaders in Israel and the fact that the worst of them seem to have so much control over Israeli government policy.


Occasionally, as with the "Who is a Jew" issue years ago or the outrage over a proposed change in conversion laws last year, the rigid and often insensitive actions by Israeli rabbinic leaders and members of the Knesset strike such an emotional nerve and are so offensive that American Jews rise up in protest.  When that happens, the Israeli government leaders and the rabbis say and do enough to humor us and defuse the issue--but no more than that.


Who among us didn't cringe at the recent statements by the chief rabbinate and heads of Shas when they determined that the horrific Carmel fires where dozens were killed and tens of thousands of people suffered horrible losses were the result of inadequate Shabbat observance in the region? Or that it should be illegal for a Jew to sell land to an Arab.


And that according to investigations and reliable accounts, it was a group of influential rabbis that encouraged young Israeli soldiers to commit vicious war crimes against innocent Gazans during Operation Cast Lead several years ago--crimes for which soldiers were convicted and went to jail.


When the Shas (the ultra-Orthodox political party that is part of Israel's governing coalition) Interior minister deliberately and successfully embarrassed Vice-President Biden and insulted the United States by announcing the growth of new Jewish neighborhoods in Palestinian parts of Jerusalem during Biden's visit last year, Prime Minister Netanyahu apologized for the timing. But at the end of the day, he supported the actions and is now committed to expanding settlements and neighborhoods in Palestinian-occupied areas. And, despite his obvious attempt to embarrass and insult Israel's most important ally, the Shas minister kept his job in Netanyahu's cabinet.


This is an issue that should have moved to the forefront 15 years ago when Israeli and U.S. Jewish religious leaders put a death sentence on Prime Minister Yitzhak Rabin and actually encouraged and motivated his still-unrepentant murder to shoot him in cold blood to save Israel and the Jewish people.



While American Jews were shocked by Rabin's murder, there was and still is virtually no conversation in the U.S. about about the role of major Jewish religious leaders in bringing it about. Even today, a majority of Orthodox Israeli Jews consider the murderer Yigal Amir a hero and hold rallies demanding his release and pardon. While in prison for murdering the prime minister, he has given media interviews and has been allowed to marry and father children.


The Israel that many of us fell in love with and made us feel so proud was a place where we believed that when non-observant secular kibbutzniks reached their teens, they suddenly morphed into crack soldiers and paratroopers who could prevail against insurmountable odds as they repeatedly defeated and outsmarted the armies of their evil Arab neighbors who outnumbered them and were determined to destroy all Jews and Israel.


There was some truth in that narrative. But there was a lot of pathology as well.


Fifteen years ago I participated in the Prime Minister's Mission where six-figure givers to the Federation went first to the Soviet Union and then flew to Tel Aviv on a plane loaded with olim (immigrants) who were making aliyah (immigrating to Israel). The immigrants on our flight all spoke English and told us in dozens of one-on-one conversations that thanks to our help (money and political clout), their families had been rescued from a horrible situation and would have a new start in Israel.


Once in Israel, we visited military installations and religious sites and met with the highest government leaders. The climax of the trip was a dinner with Prime Minister Rabin at the Israel Museum where each of us stepped to a microphone so we could personally tell him of the six and seven figure commitments that each of us was making to Israel and how proud we were to do it.


Rabin then told us that we were true heroes and saviors of the Jewish people. He and I conversed a little in Hebrew and I felt like a superstar. Everyone went home feeling amazing. We Jews who were on the verge of extinction and the most powerless group in the world just a generation before now had our own country and were in a position to support it with vast fortunes. It was a great story and it was all true.


But, as with most real stories in our dynamic world, some things began to change. Israel's economy began to grow and our money became less essential--still important, but not as much as it had been.  Israel became a nuclear power as well and is now in its 44th year of occupation of the West Bank of the Jordan River--an area that was almost exclusively occupied by Palestinians and still would be if not for the many Jewish settlements that have been built by the government from scratch in recent decades solely to change the demographic facts on the ground.


In fairness, Israeli Prime Ministers Barak and Olmert did make very attractive offers to create a Palestinian state and cede control of most of the West Bank.  But the recently released Palestinian Papers have shown that their current leaders have been far more willing to make concessions for peace than The Jewish Narrative 1.0 would indicate. 


But now, two generations later, the Israelis not only still control those Palestinian areas--it continues its decades-long policy of building Jewish settlements there which sends a troubling message to the world.  Why would Israel build Jewish settlements in the West Bank unless they plan to stay forever and never give the area back to the Palestinians?


It cannot be denied Israel is still unfairly held to a double standard and is wrongly singled out for criticism in the United Nations. It is still surrounded by Arab neighbors--most of whom would prefer that the country did not exist. It has been the victim of terrorist attacks for decades. But the facts on the ground, the demographics, and a broad range of factors have changed anywhere from a little to a lot there over the last 20 years.


At the same time, as Peter Beinart pointed out in his brilliant and troubling article last year, fewer liberal and less ritually observant Jews consider themselves Zionists at all. The term Zionist itself is a vestige of a time just a couple of generations ago when Jews claimed they longed to return to Israel but were prevented from doing so. Now that any of us can get on a plane from anywhere in the world and be in Israel in a few hours and become citizens a few hours later (if the rabbis there say we are really Jews and let us), one has to wonder why that term Zionist is still used to describe people who choose to live elsewhere.


Many long time lovers and residents of Israel such as Jeffrey Goldberg, Thomas Friedman, and Rabbi Daniel Gordis have become sharply critical of both the morality and wisdom of the decisions and statements of Israel's government and religious leaders--voicing the kind of public criticism that is still considered heresy by many American Jewish leaders and their organizations.


After Israel's disastrous attack on the Turkish blockade-busting flotilla bound for Gaza, Goldberg--who once moved to Israel and served in the army as a prison guard in the West Bank--wrote the following:

"What I know already makes me worried for the future of Israel, a worry I feel in a deeper way than I think I have ever felt before. The Jewish people have survived this long in part because of the vision of their leaders, men and women who were able to intuit what was possible and what was impossible. Where is this vision today?"



Gordis, an American-born rabbi who moved to Israel with his family and is a favorite speaker of many pro-Israel groups, recently wrote what appears to be a lament in his blog saying the following:

"Anyone who imagines that (just because there is no fighting on any of our borders at the moment) the status quo is tenable is sorely mistaken. The writing on the proverbial international wall requires no deciphering. Without some serious attempt at making progress – even if Palestinian recalcitrance ultimately renders it wholly unsuccessful – Israel effectively contributes to its own marginalization."


After reading this, one might conclude that I might just be a self-hating Jew who just wants to take potshots at Israel and our community institutions.  Nothing could be further from the truth.  I am a lifelong proud and grateful Jew who feels a special relationship with the land and people of Israel.


I believe there is cause for concern but also reason for great hope. I have been asked to chair the Tucson Federation campaign next year--a job I held in Milwaukee 15 years ago. I was on the national board of Israel Bonds and a campaign chairman for more than a decade.  I remain on the boards of two Jewish day schools which I once chaired. I currently chair the board of CLAL--a great organization which focuses on bringing Jewish wisdom to the public square in an accessible and pluralistic way. I am planning my 21st trip to Israel with our community next fall. I continue to support both AIPAC and J Street, and look forward eagerly to my weekly Torah study class.


I have been told by a friend who is a very generous and influential Jewish leader that the issues I raise should not be discussed in public.  He tells me that friends don't criticize friends in public.  He has nothing to but disdain for J Street because it is publicly critical of certain Israeli policies.  By the way, that is a feeling that is apparently shared by Israeli Ambassador Michael Oren who has declined to address the upcoming J Street Conference in Washington--just months after Oren spoke to a gathering of J Street leaders and congratulated them on their amazing growth and expressed a desire to work more closely in the future.


I have great respect for my generous friend (and for Oren as well) but couldn't disagree with him more.  All meaningful relationships are based on honesty and the ability to be dynamic in an ever changing world.  It is that ability that has enable Judaism and the Jewish people to survive and grow against all odds for centuries and it is precisely that paradigm that will lead to the new and improved American Jewish Narrative 2.0--a version that retains all the strengths of the existing model and implements changes essential to be relevant and strong in the future.

As with all upgrades, we need to retain the unique and meaningful aspects of 1.0 but we need to be creative, open, and pluralistic as we try to make it better and more resilient.  As always, pluralism and Jewish wisdom will be the keys to moving forward.  Finding the partial truth in the opinions of those with whom we disagree instead of doing our best to demonize them as so many are doing today.

Lying is Fun-Payback is a Bitch

My Inbox is still empty as many of my angry friends try to figure out how to cope with the shocking and disturbing news of the day.

Friday morning the government announced that roughly as many jobs were created last month as were lost. That was a far better result than was anticipated. In addition the unemployment rate dropped instead of going up again as expected.

Many of these friends--who are united in their hatred of the President of the United States--are already reeling from the fact that the stock market has gone up for nine months in a row producing the sharpest rally in our lifetimes.  And now this!

Throughout it all, angry and ominous emails have been arriving almost daily warning that President Obama is ruining the economy and the country with his horrible Obamanomics and terrible policies. These screeds of course have ignored the fact that when Obama took office the economy had already been ruined by his predecessor's policies and that the world was already facing the very real threat of a complete meltdown of the financial system.

They also have repeatedly bemoaned the fact that under Obama our national deficit would grow to more than a trillion dollars a year and our biggest and most irresponsible banks and financial institutions would be bailed out to the tune of trillions more. These expressions of outrage--which continue unabated to this day--also ignore the fact that all of that had already happened during the Bush years as well.

They are like a person who's dying of cancer going to see an oncologist to seek treatment and then blaming the doctor for giving him the disease in the first place. It seems ridiculous but, as we have all learned too well, if you tell a lie often enough, it becomes the truth. Lenin said it first, Karl Rove refined it and took it to a new level, and bloggers, emails, and hate-radio and cable jocks have made it their mantra.

Despite this adoption of virtual reality as truth by so many friends, I have continued to cling to the old-fashioned notion that no matter how many people believe a verbal rant or a forwarded email full of falsehoods and distortions, a lie is still a lie. 

Like Bernie Madoff, Tiger Woods, and others, my friends are now finding that when you  build your life on a foundation of falsehoods, you need to tell more and bigger lies just to keep from having to admit you were wrong in the first place.  Eventually the liar has no choice but to admit that everything has been a fraud from the beginning. It can be dangerous. You can end up in jail for the rest of your life or lying in your driveway with a 3-iron lodged in your head.

This harsh reality is now confronting former CNN entertainer Lou Dobbs.  Dobbs decided a couple of years ago that he could develop a huge devoted following among American racists by spending all his time attacking illegal immigrants and essentially blaming all of our nation's real and perceived problems on them.

When that act got a little tired, Dobbs expanded his racist product line and became the poster boy for the Birther movement--those who didn't want to just come out and say that it drove them crazy that Americans wanted a black man as president so they continued to claim that Obama was really born in Kenya and wasn't an American at all.

Now Dobbs has been fired by CNN and wants to seek public office. Not surprisingly, he received moral and financial support from Americans for Legal Immigration (ALIPAC)--arguably our nation's most racist anti-immigrant group. But now, in his effort to become palatable to people outside America's most virulent hateful and lunatic fringe, Dobbs, who is now running for a Senate seat in New Jersey, says he might support just a smidgen of amnesty for some illegals.

Like all liars and those who count on the worst of us for their support, Dobbs has found that if you sleep with enough dogs, eventually you will come away with fleas. His most ardent racist supporters have now called Lou a traitor to the cause and have thrown him under the bus as well. So now Dobbs still has no support from the vast majority of Americans who stopped watching his racist rants years ago and got him fired from CNN and he also has lost his friends on the racist Right. What's a liar to do?

Most of us also get regular emails demonizing Nancy Pelosi from the same Obama haters.  We are repeatedly told that the Speaker is almost as evil as the president himself. They say she wants to tax us all into oblivion and take away our rights.


Of course these tomes ignore the fact that no one's taxes have been raised this year, no one's rights have been taken away, and now Pelosi is opposing the proposal of fellow Democrats who want a temporary War Tax be instituted so we can start paying for the wars we have been fighting in Iraq and Afghanistan for the last eight years.

I'm still waiting for the emails praising Ms. Pelosi for working to keep our taxes down but my Inbox remains sadly empty.

By the way, the Speaker's decision not to make Americans pay for our wars is wrong and immoral.  As a fiscal conservative, I am a strong believer that we should pay our bills and that we shouldn't make our children and creditors pick up the tab for money that is being spent on our behalf today.  It is also clear that our economy and job picture are still dismal and in the very early stages of recovery.  Huge problems and challenges remain.

But this piece is not about political ideology. It is about the dangers of making a strong case for a position based on lies and distortions. It is sad that so many Americans have resorted to this and it is more outrageous that the news media have been so complicit.  As a result of their lax and often non-existent Balloon Boy style fact-checking, they routinely give a platform to liars in the name of balanced reporting.

If you live long enough, your choices can come back to haunt you. I feel concern for my troubled friends and wonder how they're going to cope. Their choices are limited.  They can kick the can further down the road with more lies and distortions or they can man-up, admit they were wrong all along, and change their ways.  Keep checking your Inbox and your favorite cable channel.  Their answers will show up soon enough.

Life is tough enough for those us who try to tell the truth. I can only imagine how much harder it is for those who don't. I'm trying to feel sorry for them. It's not working yet but I'll keep you posted.

My Pro-Israel Friends Need Pro-zac

Before writing this, I think it is important to talk a little about who I am.

For the last 25 years, my involvement in the Jewish community and Israel have shaped my life. I have chaired campaigns, led missions, and served on the boards of Israel Bonds, Federation, United Jewish Appeal, CLAL, AIPAC, and two Jewish day schools. I have made 20 trips to Israel and studied Jewish texts religiously (I couldn't resist the pun). I still work hard, serve on and chair boards of, and have great affection for those organizations and take my Judaism very seriously. Jewish wisdom is the filter through which I try to run the major decisions in my life.

That's why I am so shocked and dismayed over the debilitating pathology that has gripped much of the organized Jewish community today--particularly those of my friends who proudly call themselves "pro-Israel."

What was once a proud, smart, intelligent, nuanced, and diverse movement has devolved into a combination cult-booster club championed by a handful of amazing people who lead a throng of angry, paranoid, one-issue folks with tunnel vision who often blur the difference between being a player and a fan.

Many of these people are my good friends--folks I really like, hang out with, and respect for most of what they do. That's what makes this so sad.

The deterioration of logic and perspective has been building for a while but it kicked into high gear over the last year when my Jewish friends discovered the power of blast emails. Suddenly ominous screeds decrying acts of anti-semitism and Israel hatred (most of them full of lies and distortions) started flying around the internet like shrapnel.

The senders seemed far more interested in being the first to share the latest tale of outrage than they were in determining the truth of what they were forwarding. I commented on this phenomenon last year (There's Never Enough Anti-Semitism to Make Some Jews Happy) and again when the hatred and paranoia hit new levels with the demonization of Obama during the presidential campaign.

While all this was going on, these same people were sending me more and more blasts making sure that I never forgot that 6 million of our people were killed by "them" during the Holocaust along with constant reminders that Obama was a secret Muslim, a friend of terrorists, not really an American, and wanted to destroy Israel. On a more pleasant note, there were constant triumphalist reminders of how fabulous and accomplished the Jewish people are and testimonials from real or fabricated Israelis telling us how wonderful things are in our homeland but that they need our hopes and prayers.

Discussion--a hallmark of Jewish interaction--was not encouraged. We were often instructed to forward the email to hundreds of our friends if we agreed--whatever that means--but we were told to simply delete it if we took issue with anything.

This was the biggest red flag of all. Judaism has survived and grown against all odds over the years due to its focus on dialogue and discussion. We are instructed by the Talmud to learn from all people. We are the people of "reply to all," not of "delete." We have always been the people of factcheck--not those who blindly race to forward provocative lies in order to be first in line.

This pathology seemed to peak last week after President Obama delivered his amazing speech in Cairo.

As most Americans, Israelis, and the rest of the world expressed their hope and admiration, my Jewish pro-Israel friends were going crazy with fear and anger. My strong suspicion is that few, if any, of them actually listened to Obama's speech. They were simply forwarding emails they received from self-proclaimed pro-Israel writers who knew before Obama opened his mouth that they would hate what he said.

Some have characterized me as an Obama apologist who will defend him no matter what he does. I admit that I am thrilled that Obama is our president but he doesn't need me to defend him. Many of his critics seem to have forgotten that the election is over and we have Obama as our president for the next 43 months regardless. We can't get upset over a speech and vote him out of office tomorrow. It doesn't work that way.

My agenda is not to defend Obama. It's to keep our conversation focused and balanced and to weed out the lies, distortions, anger, paranoia and triumphalism that have fouled our collective garden in recent years.

As bad as these qualities are, they are not the biggest loss we have suffered from this phenomenon.

That loss is the lack of focus on many of the challenges and issues that we need to confront as a people that get completely lost in the din created by the pro-Israel cult.

For example, with all the legitimate concern expressed over Iran and the Palestinian terrorists who want Israel, Jews, and America destroyed (all valid concerns), there is no discussion at all of the fact that Yitzhak Rabin was murdered by a religious Jewish terrorist named Yigal Amir who to this day is regarded as a hero by most religious Israelis. Although he remains proud of his murderous act, the pardon of Amir is supported by a shocking 30 percent of all Israelis. Worth a discussion?

There has been much emailing accurately documenting the continuous bombing of Sderot and other locations near Gaza which prompted the Israeli incursion and bombing of that area months ago. I haven't heard a word, however, about the press accounts documenting that prominent Israeli rabbis were encouraging soldiers to behave cruelly and "show no mercy" to the Gaza civilians they encountered. Worth a discussion?

Ultimately, the "other"--in this case the Palestinian leaders and Muslims in general--are portrayed as being completely unwilling and/or disinterested in engaging in productive peace negotiations. Many of them deserve that criticism. But the implication is that their Jewish and Israeli counterparts are far more open-minded, and eager for peace.

My friend Jeffrey Goldberg of the Atlantic--a Jewish American who lived and served as a West Bank prison guard in the Israeli army--shared this disquieting piece in his blog. This is a must-see for my many triumphalist Jewish friends. if you don't open any other links in this post, please watch this one. Worth a discussion? Have you received a copy of this from your Jewish pro-Israel friends?

What does it mean for an American Jew to be pro-Israel anyway? We are lucky enough to live at a time when any of us could literally move there tomorrow if we really wanted to or cared that much. We could vote in their elections and have our kids serve in the Israeli army and be full participants in the future of the Jewish homeland. Short of that, we could learn to communicate in Hebrew and own second or third or fourth homes there. That's what my Israeli friends have told me they would like us to do.

But none of my most strident pro-Israel American friends have done any of those things. They just pontificate, forward emails, get more and more afraid and angry, and try to convince others to do the same. Call me a self-hating Jew, but I don't think this is a good thing.

Now a growing number of those friends tell me they have never been more fearful than they are right now and I am right there with them. It's just that we are afraid for different reasons. They are worried that Obama has a secret agenda to "slit Israel's throat" and deliver the Jewish state into the hands of its enemies. I can't find a single reason to share that concern. Everything Obama has said and done and the team he has chosen to help him deal with the Middle East gives me reason for great hope.

My fear is that the principles of fairness, honesty, and intellectual rigor and the values that have made and kept Judaism great and vibrant over the centuries are being cast aside by a group of people who call themselves leaders and mean well but who now define being Jewish and pro-Israel as a spectator sport.

They sit in the stands screaming at the refs and complaining about the dirty play of the other team--often justifiably. But they no longer look in the mirror and focus on the one thing that we can actually do something about--how we can do better and take our own game to a higher level.

Unless and until we define being pro-Israel and seriously Jewish as involving BOTH of those behaviors then we will truly have reason to be very afraid.

Pay It Backward--The Greatest Wealth Transfer in History

For the last 20 years, I have been hearing that we were in the midst of the Greatest Wealth Transfer in History (GWTH). During that period the slogan has remained the same but both the alleged sources and beneficiaries of the wealth have changed several times.

The first time I heard about this wealth transfer was in the late 1980s in my role as both a solicitor for and a donor to a number of Jewish community organizations. We were all told that the next 25 years would be a critical period for philanthropy because the generation of immigrants who had achieved enormous financial success in America would soon start passing from the scene. The huge amounts of wealth they had amassed over the years would be passed on to their families and/or the organizations that many of these people had generously supported during their lifetimes.

As fund raisers we were instructed to get out in front of this transfer of wealth lest all the money pass into the hands of their less generous children who would be more likely to spend it on themselves and less inclined to be philanthropic.

I have to assume that this wealth transfer is well underway but we don't hear so much about it anymore.

That's because a new GWTH has supplanted it in the public conversation with an assist from T. Boone Pickens.

That GWTH is the transfer of more than $700 billion a year from the United States to those countries that provide us with oil. Pickens has spent more than $50 million of his own money over the last year to publicize our need to eliminate our dependence on foreign oil. The case is even more compelling since the recipients of our wealth include all the countries and leaders in the world who are trying to destroy us.

Pickens has met privately with and apparently had a great influence on the thinking of both John McCain and Barack Obama, each of whom has incorporated most of his talking points into their campaign rhetoric. Each candidate,of course blames the other for the problem.

As is so often the case, while all of the media headlines and political attention has been focused elsewhere, the real GWTH has been taking place quietly and beneath the radar. There is no Pickens Plan or other public effort being made to alert people, but it is by far the most significant wealth tranfer in our lifetime.

It has been the trillions of dollars of wealth that our generation has transferred (actually embezzled) out of the pockets of our children so we can live way beyond our means.

This addiction to debt--the things it can buy us and the painful choices it keeps us from making--has saturated every level of our society including government, corporations, and our personal finances.

The devastating impact that the irresponsible use of leverage has had on the financial system is well documented. Established blue chip companies such as Lehman, Bear Stearns, and AIG have disappeared from the scene completely and many others are a shadow of their former selves--not because they made bad investments but because they were so leveraged up and had borrowed so much that a big move against them in the market could actually wipe them out.

On the personal finance side we have all heard about the sub-prime mortgage disasters but we're learning that the sickness is far more widespread. According to CNN, more than 20% of all homeowners in the U.S. now owe more principal on their mortgages than their homes are now worth and that number is rising. That means that purely from an investment perspective, they would be better off giving their homes back to the lender and walking away with nothing.

And it doesn't end there. Millions of people now owe more on their auto loans than their cars are currently worth. Pools of securitized car loans could be the next credit issue that the markets have to deal with.

On top of that, millions more Americans are maxed out on multiple credit cards which they have used along with home equity loans to maintain their unsustainable standards of living for many years. Now credit is harder to come by and the credit card companies are actually starting to call in outstanding debt and raise minimum monthly payments dramatically. It's not surprising that the economy is in the tank.

But the real embezzlement from our kids has taken place on the government level. Since 2001, our national debt has more than doubled and is now spiraling into the stratosphere as the result of needed rescue programs designed to keep our financial system from totally collapsing.

Since Bush took office, we have embarked upon two wars and seen government programs grow exponentially without any serious discussion of how we are going to pay for any of it. Instead, our president has given us tax cuts and told us to keep shopping.

Throughout the presidential campaign, both McCain and Obama have been obsessed with defining who is rich and figuring out which of us should get the biggest tax cuts. There has been no discussion from either side about how we are going to pay our bills much less the bills we have racked up over the last eight years.

New York Times columnist Thomas Friedman said it perfectly: "Never has one generation spent so much of its children's wealth in such a short period of time with so little to show for it as in the Bush years." The bill for our tax cuts, wars, and bailouts will all fall on the heads of our kids. And still there is no serious discussion of what it means and how to deal with it.

There is no doubt that the Greatest Wealth Transfer in History is taking place right under our noses. It's just not the one we've been hearing about. It's about our generation spending our kids' inheritence and embezzling money from their futures to pay for our addiction to wars, bigger houses, fancier cars, and more stuff.

Before we can hope to solve the problem, we have to recognize it. Hopefully our new president will help us act like grownups so we can put ourselves in "time out" until we learn how to behave as individuals and as a country.