why would "the breakdown of traditional family structures" have anything to do with it?
Dana On 5/15/05, Robert Munn <[EMAIL PROTECTED]> wrote: > Because pension funds all over the country, in fact all over the developed > world, have promised far more to the pension holders than the funds will ever > be able to deliver. All of these issues - private and public pension funds > going bust, Social Security going bust, Medicare going bust, health insurance > premiums going through the roof - are rooted in the dramatic increase in life > expectancy in the developed world since the middle of the 20th century. > > Because of increased life expectancy, as well as the breakdown of traditional > family structures, the programs that were put into place in the early 20th > century have become totally unsustainable. > > We are headed for a mid-century financial meltdown in the developed world. > The Democrats have their heads in the sand right now on the whole thing, and > the President has only made limited proposals on Social Security. No one has > addressed any of the other issues at all, and the people who are blocking > reform at the moment will all be dead by then, so they don't care about it. > > > >Gruss Gott wrote: > >> > >> Next, we can look forward to the State and Municipal workers pension > >> bailout since just about every city and state in the union will soon > >> default on their pension promises. > > > >Why would they suddenly default? > > > >Jochem > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Discover CFTicket - The leading ColdFusion Help Desk and Trouble Ticket application http://www.houseoffusion.com/banners/view.cfm?bannerid=48 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:157664 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
