Why Is the Republican Field So Extreme? (Read 1974 times)

I am okay with most of what's out there. As Popeye says: "I yam what I yam."

Vote for Hank.

MTA: I found the campaign video at the bottom quite inspiring.

I might have know Ilene would jump on the bandwagon.

"If you follow the money rather than the blather, it's clear that the American system is a bipartisan fusion of economic models broken down along generational lines: unaffordable Greek-style socialism for the old, virulently purified capitalism for the young. Both political parties have agreed to this arrangement: The Boomers and older will be taken care of. Everybody younger will be on their own."

Read more: http://www.esquire.com/features/young-people-in-the-recession-0412#ixzz1rIOMvWpL

Good quote and good article.  Thank you.

One has to wonder if better private retirement planning and more saving would have been done if the Boomers had not been guaranteed a public "safety net".  Part of me thinks they would have.  Of course the cynical part of me thinks that this would require too much far-sighted planning, and like the grasshopper from the old children's story a lot of them would have ended up knocking on the ant's door anyways....

Of course, the gov't finds a way to punish even those that do plan.  I learned recently that Michigan is now going to tax IRAs twice...when the money goes in (as is standard) AND when you withdraw it.  So it's double-taxed....my parents are left wondering if they wouldn't have been further ahead taking it to Vegas and betting on red.