Sunday, April 26, 2009

401k Losses Do Away with Retiremnets

So the Milton Friedman crowd saved a few bucks on the way to losing millions. Big surprise. Yet despite all the warnings scoffed at by the right, the losers here are the American people, including many of those numb skull Republicans.

Baby Boom retirees are not only about to drain Medicare, but just saw half their retirement savings vanish, thanks to the Republican vision of a "self adjusting market." 60 Minutes offers a glimpse into the 401k casino

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