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The Shallowest Generation

Kelly Bkk, Of course the Greatest Generation created Social Security and Medicare/Medicade and you would be a fool not to admit that these programs haven’t done a great deal of good. Granted that they are becoming a problem but in your apparent infinite wisdom why haven’t you suggested a solution to them? Tell us what you suggest to replace them or shall we let many old retired people starve and die They were created with the premise that if you paid a part of your earnings into a government program the government would invest it or whatever and you would have something to help you live in your old age. We didn’t foresee our devious politicians robbing it and using it to pay for everything else they could think of. And I don’t have to remind you of how many modern day leaches have found out ways to live off of Medicare/Medicade which was created to help those that sincerely need help.

I am an old fart who belongs to the Greatest Generation and I may not agree with everything in the main article but it generally describes the facts as they are.

I might add that the Boomers have been raising their kids with the same mentality as theirs. Young kids can’t ride a school bus to school, they have to drive a new car (not an older one, God forbid); etc, etc, etc. And my apologies to the minority of Boomers it doesn’t apply to. Many of the Boomer generation have good sense.

Everyone recognizes the human nature to defend ones faults however wrong. Apparently you’ve succumbed to that problem.



On Oct 31 05:49 PM Kelly Bkk wrote:

> The baby boomers were babes in the woods at the time the "greatest
> generation" created medicare/medicaid and social security -- these
> three are the trillion dollar defecits that will blow up this country.
> The boomers had nothing to do with the increasingly layers of elderly
> junk and greed that we are all now saddled with. "Greatest generation,"
> my ass. Boomers and their SUVs and subprimes can't begin to touch
> the greatest generation for self-aggrandizement and sucking at the
> public trough.

During Market Volatility, Don't Overleverage On the Short Side

Jeff, it was a short but very knowledgeable and interesting article. Thanks.

Don