General Discussion

grasswire

(50,130 posts)

2. The culprit is not boomers.

Sat Jun 7, 2014, 02:50 PM

Jun 2014

The culprit is Wall Street and the 1 percent.

And the ultimate "culprit" is greed.

Taxing the hoarding of wealth would fix all of our problems. Not fair to balance it on the backs of the young, not fair to keep cutting programs for the elders.

No more wealth hoarding!

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To the older members of DU [View all] Harmony Blue Jun 2014 OP

My old fogey suggestion.... Erich Bloodaxe BSN Jun 2014 #1

I agree with electing socialists,also buying local. WHEN CRABS ROAR Jun 2014 #19

The culprit is not boomers. grasswire Jun 2014 #2

You are so right on! Enthusiast Jun 2014 #24

This ... 1StrongBlackMan Jun 2014 #54

If we accept this meme then it will definitely NOT be there. We need to fight for the future and jwirr Jun 2014 #55

Quite true. Many seniors live in poverty! Many/most seniors are not even remotely close to the 1%. RKP5637 Jun 2014 #51

That's exactly what they are. Hoarders. calimary Jun 2014 #67

Seniors also lost lots of money in 2008. We paid for our Social Security, pay monthly for Medicare. madfloridian Jun 2014 #3

Amen. Cleita Jun 2014 #9

Yes, the ridiculousness of attempting to blame certain generations Live and Learn Jun 2014 #4

+1000 Louisiana1976 Jun 2014 #28

No worries Uben Jun 2014 #5

+1 But they are ensuring that everyone must play their game Live and Learn Jun 2014 #6

I know.. Uben Jun 2014 #10

Where did you put it when you took it out? n/t phylny Jun 2014 #46

I must have missed the age schism.... Half-Century Man Jun 2014 #7

Third Way president started the generation divide in the 90s. Greedy seniors. madfloridian Jun 2014 #8

So that's where all this started. He's not so young himself anymore, is he? And where is he now I sabrina 1 Jun 2014 #37

Lost almost half my nest egg in 2008 Submariner Jun 2014 #11

I have some different advice for people goldent Jun 2014 #14

Also laundry_queen Jun 2014 #20

thanks for that good advice renate Jun 2014 #29

I agree about advisers goldent Jun 2014 #34

And do what? Put it under the mattress? WinkyDink Jun 2014 #23

Put it in very safe investments goldent Jun 2014 #35

Yes, the market is a big casino. Too bad so many who lost everything DIDN'T put it all under a sabrina 1 Jun 2014 #39

No 70-yr-old cleaning airports at night was invested in stocks. And no-one who was invested WinkyDink Jun 2014 #42

Saw the financial toilet backing up in '07, and was out Eleanors38 Jun 2014 #45

The only advice I can give is never vote for a Republican. Cleita Jun 2014 #12

We Boomers are not the problem. SheilaT Jun 2014 #13

Thank you, Harmony Blue. Curmudgeoness Jun 2014 #15

Great! MannyGoldstein Jun 2014 #16

Some advice to our younger members is to vote for candidates who loves the middle class. Thinkingabout Jun 2014 #17

Thank you, Harmony Blue. JDPriestly Jun 2014 #18

"Once you retire, you need far less than you do while you are working": How do you figure? TAXES, WinkyDink Jun 2014 #25

commuting to work is taking more and more of my income noiretextatique Jun 2014 #48

+1 again. Enthusiast Jun 2014 #26

Well, it's nice to know that SOMEBODY Le Taz Hot Jun 2014 #21

i went back and reread her post BainsBane Jun 2014 #56

A WHOLE lot of people were disturbed by that post Le Taz Hot Jun 2014 #57

I'm not interpreting anything BainsBane Jun 2014 #59

I noticed you didn't quote from the ones Le Taz Hot Jun 2014 #60

I thought it was the age comment you were offended by BainsBane Jun 2014 #61

Witchhunting? Le Taz Hot Jun 2014 #64

Jury results: unanimous to leave. NYC_SKP Jun 2014 #68

And sometimes the jury gets it wrong. Le Taz Hot Jun 2014 #69

If the Stock Mkt "isn't a sound investment," nothing else is, at less than 1% interest. WinkyDink Jun 2014 #22

I invest in durable goods. Erich Bloodaxe BSN Jun 2014 #27

When Bush was in office, I got a sick feeling on how the economy was going. Frustratedlady Jun 2014 #31

I'd like to know what has that % savings, seriously. Something that is insured, as opposed to muni- WinkyDink Jun 2014 #43

I retired after divorcing my 2nd wife and got a horse ranch in Idaho, + my house on the beach in FL. Baclava Jun 2014 #30

That is very nice, thank you. There are already too many divisions in society, we LoisB Jun 2014 #32

Thank you Jake2413 Jun 2014 #33

Thanks, I guess OldHippieChick Jun 2014 #36

Get offa my lawn! n/t Crunchy Frog Jun 2014 #38

Define older Generic Brad Jun 2014 #40

Older is when you wake up and realize Uncle Joe Jun 2014 #41

Baby Boomers pre-paid for the retirement of their generation as well as for the one ahead Samantha Jun 2014 #44

Young wolves, show us your teeth. John Steinbeck Tierra_y_Libertad Jun 2014 #47

One good quote deserves another ... Tuesday Afternoon Jun 2014 #63

That quote is keeper. Joe Shlabotnik Jun 2014 #65

It was from a lecture he was giving young Russian writers in the early '60s. Tierra_y_Libertad Jun 2014 #66

Wow YoungDemCA Jun 2014 #49

Yeah, I noticed that too. bettyellen Jun 2014 #50

yes, it did not go unnoticed by me, either. Tuesday Afternoon Jun 2014 #52

Not to mention this. bravenak Jun 2014 #53

I don't know whether to laugh or cry at that one. Tuesday Afternoon Jun 2014 #62

Recommended and thank you. Autumn Jun 2014 #58