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To: Jurgis Bekepuris who wrote (39894)	11/2/2010 2:17:33 PM
From: Grantcw	Respond to of 78702

OT - Yes, I actually agree with what you're saying. I don't think we should go into austerity mode quite yet, but hopefully pretty darn soon. That being said, I'd like to see the social security retirement age raised for Gen X (my generation) ASAP. I think that downsizing future government payments would go a long way to ease any potential panic about the U.S. and the dollar now. And they could do this at the same time they do QE2 if they wanted. Maybe we have 5 years or more before a panic happens, but I think it all depends on if we have an oil supply crisis. If Oil runs back up to $150 and/or there's just not enough to go around in 2-3 years, I think that will bring a whole bunch of other issues to a head at the same time. Hence, why I think we need to get a new social security downsizing plan passed ASAP, for example. Thanks, cwillyg