The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: RetiredNow who wrote (254291)	6/15/2010 11:28:35 AM
From: skinowski	Read Replies (3) of 306849

Not very many boomers, especially among the younger ones, seriously expect to get their pre-agreed upon SS payments for the rest of their lives. What will happen is that after a lifetime of paying into the system they'll be lucky to receive a fraction of the purchasing power they have been "scheduled" to get... under the deal. With SS, what happens, happens... The runaway incomes and pensions of public employees are becoming a larger problem. It was criminal on the part of politicians to allow this to happen. Public employees are becoming a privileged segment of our society - and that is extremely unhealthy.

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