[mmasters]

Well the guy is just saying the system is unsustainable. Doesn't take a lot of brain matter to realize that.

As far as the whole "rich thing" what do people with power want...? More power. It's human nature. Conspiracy has been built into the system to support the rich since day one. Anybody who tries to clamp down on that is libel to get shot.

The social programs will eventually fail and people will have to work until they die. The socialized heathcare will become minimal for the everyday person. Top of the line heathcare will only be for the rich.

The party will end for the common man but the man with balls and brains will always make it happen regardless of the circumstances. The future is bad for the collective but not for the individual. Be an individual and you don't have a lot to worry about.

[JohnRM]

$this->bbcode_second_pass_quote('Lore', '')$this->bbcode_second_pass_quote('ColossalContrarian', 'B')oomers, please "help" the youth by retiring so we can pay out tax dollars to keep you alive to 100 or even more. Thanks Boomers, for everything, you're such a noble generation!

I can't wait for adolescents to have a go with the boomers. They'll know what's up, those are the rich folks

[JohnRM]

Moving the retirement age back just means that we'll have an increasing pool of unemployed young people. It will drive down wages and leave both those few with jobs and especially those without very angry. Futhermore, since competition for jobs will be even greater, it will put even more of an emphasis on college education, leaving poor families' children even more handicapped in the game of life. The only reasonable option is to cut services. Frankly, if the retirement age is 80, 8 refuse to pay those taxes. I can be fairly certain that I won't live that long.

[Plantagenet]

$this->bbcode_second_pass_quote('Sixstrings', 'D')emocrats talk of “saving” Social Security. We should not “save” it but raise it.....If people are willing to pay more just to “save” Social Security, they should be glad to pay more to raise it.

[SeaGypsy]

Reality is the retirement age will not go up or down, regardless of policy. The amount (in real terms) is only headed one way. The age at which payments start etc. is another question. (if you put in the wrong data you know what kind of answer you will get?)

[Sixstrings]

$this->bbcode_second_pass_quote('SeaGypsy', 'R')eality is the retirement age will not go up or down, regardless of policy. The amount (in real terms) is only headed one way. The age at which payments start etc. is another question. (if you put in the wrong data you know what kind of answer you will get?)

[SeaGypsy]

Do you have the right to self manage your 401k? In Australia, we have mandatory superannuation and are allowed to set up our own funds, according to the rules. This can make a huge difference to returns. I am with our biggest health industry fund, it has barely gotten better than bank interest over 15 years.

[Plantagenet]

$this->bbcode_second_pass_quote('SeaGypsy', 'D')o you have the right to self manage your 401k? In Australia, we have mandatory superannuation and are allowed to set up our own funds, according to the rules. This can make a huge difference to returns. I am with our biggest health industry fund, it has barely gotten better than bank interest over 15 years.

[ColossalContrarian]

It's amazing how many people all of the sudden become cornicopian when talking about SS and "The Golden Years". Peakoil, Climate Change, whatchama call it, everything is all the sudden revolving around your old age. It's like all the sudden logic stops and the imagination runs wild. You're old, and you're entitled!!! PEAK OIL WILL NOT RUIN YOUR RETIREMENT COME HELL OR HIGH WATER!!!

[vision-master]

'Life's been good so far........' - Employement ended for me in 03. lsol

xxx's & ooo's ........

[ColossalContrarian]

Some of us will take care of our own family and already have when they've needed help. Chances are my folks will move in with me and I will take care of them and this will be the same for a lot of families especially post peak oil. It's not unusual for kids to support their parents as they get older in fact it's the norm but you want to give that job to the government which is stupid IMO. We can have differences in view it's just some people don't want to be forced to participate in a ponzi or make things worse off for our own children (our parents grandchildren).

[mattduke]

Nothing like expending your life working all day from morning to night to provide for your family, only to check peakoil.com and find self-righteous people who claim your paycheck belongs to them.

[Livewire713]

Personally I hope most of us are dead in the next ten years and that includes myself. 50 years on this ball of dirt will be enough for me.

[Sixstrings]

$this->bbcode_second_pass_quote('ColossalContrarian', 'S')ome of us will take care of our own family and already have when they've needed help. Chances are my folks will move in with me and I will take care of them and this will be the same for a lot of families especially post peak oil.

[Sixstrings]

$this->bbcode_second_pass_quote('mattduke', 'N')othing like expending your life working all day from morning to night to provide for your family, only to check peakoil.com and find self-righteous people who claim your paycheck belongs to them.

[Sixstrings]

$this->bbcode_second_pass_quote('Livewire713', 'P')ersonally I hope most of us are dead in the next ten years and that includes myself. 50 years on this ball of dirt will be enough for me.

[Plantagenet]

$this->bbcode_second_pass_quote('Sixstrings', ' ')The conservatives don't want gray hairs to have their pensions, and liberals don't even want to be alive past 50.

[AgentR11]

LOL, I finally get it. Six believes Peak Oil will ravage the economy and cause doom; but only if a Republican is elected.

Six, there will be no retirement.
There will be no registered nurses caring for every alzheimer patient in the US.
There probably won't be enough "social service" agency officers to even take note of the names of 1/10th of a percent of those they should note, much less worrying about hydration levels in all alzheimers patients in the country.

Limits apply, whether its a Republican or a Democrat in the White House. Having a D after your name does not give you the power to create oil. And the limits on its availability and affordability will relentlessly beat down the economies of the developed world, step, by step, by impoverishing step.

There is no escape.
All the wishing and hoping in the name of your team will not change that.

[SeaGypsy]

Neither side is admitting the truth about where pension funds are likely to stand in 10 or 20 years. Both blather on about return to growth being more likely under them, without having a formula on how this is likely. Choosing one is like choosing a favorite clown. I prefer to follow my instinct, which is to heckle clowns and judge them on their acting ability, without ever taking anything they present too seriously.