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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: E.J. Neitz Jr who wrote (49241)	9/16/2003 11:44:37 PM
From: BWAC	Read Replies (1) of 53068

All I know is that Greenspan probably bankrupted a few more senior citizens living on fixed incomes and interest on savings. Been a hard year for those people at these low rates. That portion of their income has been cut by anywhere from half to 2/3rds. Want to hear the one about the old lady in the retirement home that thought she had enough saved to generate the 60k a year nursing home bill through interest income and social security? And still have a penny or two left over to buy her grandchildren some toys, while trying to keep her life's hard work and savings principle intact to benefit her family? Or how about the other old lady who threw her hands up in disgust, is gifting all her assets away, because it was hopeless for her to try and make enough income from them. She plans to tough it out a few more years in her own home, and then let Medicaid foot the bill. Says the government took away her earnings power, so they can just pay for my medical care as punishment. Such are the events when financial markets are manipulated and maintained out of a natural balance. Some group is always being hurt.

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