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Austerity US style is coming, retirement age raised to 70...

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posted on Jun, 30 2010 @ 04:50 PM
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Originally posted by darkelf
The problem is that many of us baby boomers have reached or are close to reaching the 65 retirement age. Many of us will have to continue to work until we die. Thankfully, I have my VA disability check and medical care. But for so many others, I think things are going to become very stark.



DITTO

the BS talk of 'Austerity' is code for Frig the Workers-of-America...

the banksters/elites/ the self-ordained Masters-of-the-Universe
have sliced off their piece of the American-Pie with the bailouts/etc

all at the expense of the blue-coller/middle-class

so- NOW- after their nests are feathered with multi-million $$ bonuses,
these A-Wipes want to 'ration' wealth to the workers

the exhorbantly ppaid banker class along with the Fed-Reserve instructs the US Treasury that 'deep cuts/Austerity/rationing' is the only solution for the USD to remain a force in the financial world..

Yeah--- after they get theirs...they say 'shut off the spigot'
i guess they mean cut off funds to the useless eaters...

GDIt... this group of sociopaths need a session at the Guillotine
they are rich butt scum bags, no matter their status among their clique of abusers of the common men




posted on Jun, 30 2010 @ 04:59 PM
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reply to post by Vitchilo
 


...Well I don't believe anyone can actually live off SS anyways. It's basically saying "poor people, it's official, be a walmart greeter till you die or live on the streets" .. To the wealthy and middle classes, SS is just a check in the mail that buys half your groceries.



posted on Jul, 1 2010 @ 11:45 AM
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reply to post by Rockpuck
 


Nobody can live off SS alone unless you are willing to eat canned dog food. Anyone that is thinking they will retire on SS alone is in for a rude awakening.

I plan on retiring long before 70 and I won't need a SS check to do so.
Plan ahead, stop buying things you don't need and save up your cash.



posted on Jul, 1 2010 @ 11:52 AM
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reply to post by Vitchilo
 


Well before is even extend that long we may see the three entitlement programs privatized.

That is what Wall street is aiming for.




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