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SoCalDem

(103,856 posts)
Tue Aug 14, 2012, 03:27 PM Aug 2012

Why SS & Medicare/Medicaid MUST be "reformed".

Think about it..

Pension slush funds are all but gone

Real estate slush funds were gutted & devastated for decades to come

Lenders now have to actually require down payments & financial accountability from the loans they do fund

401-ks have been pretty much proved to be 101-ks for all but a few lucky ones

IRAs (except for Romney with his $100Million+ secret IRA) have been lackluster to say the least ...$5K max X 30 years is only $150K...and we all know how shitty interest has been ..and will be forever

The "world market" only has just so many rich folks who are willing to "invest in America"

Look at ANY city/town & start counting the empty buildings & all the empty, for-rent office spaces.

The money movers/legislators have been playing around with the money flooding in from Boomers for 4 decades now, and they have blown through it all, and the ONLY way they can keep gambling, is to get a "fresh stake"..

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