Wednesday, February 18, 2009

Baby Boomer Bashing

Here's some more from Dean Baker: Stop Baby Boomer Bashing: Protect Social Security and Medicare. "The people who take the biggest loss when home prices plummet will be the people who have equity to lose. This will mean mostly older workers or people who are already retired, since these are the people who will most likely have paid off much or all of their mortgage...Similarly, the loss of stock wealth would have been concentrated among older workers and retirees." Don't ask for whom the bell tolls - it tolls for we!

Read more opinions at Truthout, a blog whose mission is to be "a full-service news agency dedicated to establishing a powerful, stable voice for independent journalism." Thanks, DorisMarie, for bringing this article to our attention at today's NARFE Executive Board meeting. For those of you who don't know, NARFE is the National Active and Retired Federal Employee association, and our "voice on the hill". Check out NARFE and our local San Francisco NARFE Chapter 65.

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