From the print and online editions of the nation's premier urban-policy magazine http://www.city-journal.org/cj-comments.xml?story=6886 Manhattan Institute Sure happy I live central Mexico! ret expat MD http://www.city-journal.org/comments/index.php?story=6886#4546 http://www.city-journal.org/comments/index.php?story=6886#4546 Wed, 16 Feb 2011 11:54:10 EST Our culture is a ponzi scheme. How can a bunch of politicians with a straight face allow new workers to shoulder the burden of the necessary fiscal restructuring (401k pensions etc.) while older workers - ie: boomers - ie: the ones who created the problems - get off the hook?Time for total and across the board restructuring of our society, otherwise revolution will happen. How about politicians on 401k pensions ? Is that unreasonable ? It never fails to bother me how pundits flout such stupidity with no consequences for themselves. USA is a ponzi scheme, it's best days are in the past. Future Americans please note: your parents sold you out so they could live a lifestyle they did not earn. Wake up and insist that they shoulder the burden themselves! http://www.city-journal.org/comments/index.php?story=6886#4283 http://www.city-journal.org/comments/index.php?story=6886#4283 Sun, 06 Feb 2011 11:59:55 EST Is there a single dim light at the end of the tunnel? Unrealitic union wages, benefits and short-term retirments are a lose- lose-lose economic matrix. Like a python; slow strangulation will get you every time. Just takes time. http://www.city-journal.org/comments/index.php?story=6886#4276 http://www.city-journal.org/comments/index.php?story=6886#4276 Sat, 05 Feb 2011 20:51:59 EST No pensions for new employees. Forced savings plan of 17.5% of income. No tax deduction. Self managed investments. Purchase what you like from solid enterprises, no purchase of public debt. No Social Security. http://www.city-journal.org/comments/index.php?story=6886#4273 http://www.city-journal.org/comments/index.php?story=6886#4273 Sat, 05 Feb 2011 15:59:03 EST