> RoMunn wrote:
> However you slice it, you come back to the same conclusion- this bailout is
> primarily for retirees.

I'm not sure I follow your logic.  You seemed to be saying that old
people are rich, but now you're saying they're not?

My point is that a very small percentage of Americans have any net
worth.  Savings is below zero and do you know how much you need to be
considered "high net worth"?  $500k!

So to the extent that the any government action can stave off a
depression - or at least a very long recession - the bailout is for
everyone.

If I was older and had a lot of money in the market I might be tempted
to pull out now into cash; maybe Kroners.  Then I'd wait for a year or
2 and buy back in when things are really low and ride a 30 year wave.

Anyway, what was your point, cause I lost it.

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