Wednesday, December 3, 2008

The final act

I think I may have been born during the best times in American history. Technology is poppin off, my President is black, and I don’t believe in job security. Could you imagine livin durin the like 60s, 70s, or even the 80s? Workin for a company for 30+ years and then when you retire they have this pension plan set up for you so that you still make money after you stop workin? Then look at where we’d be now. Still workin at Wal-Mart just to pay the bills. And while I would like to give all the credit to the generation that I was born in, I think some credit has to go to me as well. I mean, this isn’t the first time our economy has seen some hard times. Why didn’t the older generation learn from past mistakes? Why didn’t they put some money away or invest it in ANYTHING (didn’t have to be stocks or real estate, but just somethin that would increase in value)? As I type this up I think about the retirees of GM who are goin to lose their pensions once the company goes bankrupt. To me it’s bad planning. Of course I would have never expected GM to go belly up, but I’m really skeptical about things in general so I wouldn’t have put all my eggs in one basket. I wouldn’t have worked for GM, retired, and say I plan on livin off of GM for the rest of my life. Cuz to me, that’s what a pension is. Company life support. And because I’m not old enough to get a pension (if I ever do), maybe I might be missin a few concepts here so feel free to fill me in. Losing pensions isn’t like a new concept that got started last week. So why would these people still trust in one?
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