Guero

The Ultimate Game Changer: Why 2009 Will Be Worse Than 2008 (Part 2)

I think you have it just about nailed sir. The psychological impact of this "panic" will be far-reaching for younger generations. They now know that economic destruction is real and is not just something you read about in a history textbook. My teenagers are looking at all this & freaking out. I just remind them that this is a huge lesson in progress, and if they learn it well they will be fine.

Cramer's Mad Money - Social Insecurity (12/17/08)

Like it or not, after the "market" is through weaving its magic on 401k's Social Security will be the only thing keeping many seniors from living in a cardboard box & eating dog food....and that goes double for many of Bernard Madoff's victims.