good read

[phlemboy]

I get the sense that the republicans will gain some seats this fall and that could make it difficult to push an agenda from either side (gridlock). That's supposedly good for stocks because the rules won't be changed mid-game.
    The baby boomers won't be taking all their money out of the stock market. They'll likely shift it to some more fixed income, but their nestegg will need to last maybe 20 or 30 yrs. Beisdes, The boomers I've talked to echo the same sentiment I've seen in the media. They've lost so much in their retirement fund that they've postponed their retirement or they'll be working in their retirement.
     A lot of healthcare facilities are getting squeezed because their medicare/medicaid reimburement is being cut every year. Unless you have a "private pay", which means the oerson is payingout of pocket, these facilities will suffer more and more. There are very few private pay parients out there.. Not enough to make a difference.

   We definitelyhave some interesting times ahead.

[hammertime]

I am going to make a prediction, our government is going to seize through exorbitant taxation the Roth IRA''s and 401k's of the boomers. There is no way they are going to allow the majority of Americans who did not plan for their retirement to receive nothing from SSI, after they paid into the fund for their whole lives

I have to agree with Rookie.  Things are going to get rough, but going this extreme is going to cause more issues than it repairs

[libertyconstruction]

So terrible!..