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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (747004)8/4/2006 3:14:17 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
"Bankrupt isn't technically speaking accurate. But is is true that unfunded future liabilities (largely but not limited to entitlement spending) are indeed a huge can of worms."

LOL! Tell it to GM... their liabilities to retirees exceed their entire market cap. :-(



To: TimF who wrote (747004)8/5/2006 4:58:11 AM
From: CYBERKEN  Read Replies (1) | Respond to of 769670
 
Anyone who thinks that the X and Y generations will redistribute wealth to the worthless, lazy Baby Boomers has paid no attention to history at all...


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