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NY: Baby Boomersgoing Bankrupt

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Old 08-07-2018, 02:07 PM
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Mohican (Offline)
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Default NY: Baby Boomersgoing Bankrupt


https://www.nytimes.com/2018/08/05/business/bankruptcy-older-americans.html


For a rapidly growing share of older Americans, traditional ideas about life in retirement are being upended by a dismal reality: bankruptcy.




The signs of potential trouble ó vanishing pensions, soaring medical expenses, inadequate savings ó have been building for years. Now, new research sheds light on the scope of the problem: The rate of people 65 and older filing for bankruptcy is three times what it was in 1991, the study found, and the same group accounts for a far greater share of all filers.

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Old 08-07-2018, 05:07 PM
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Default NY: Baby Boomersgoing Bankrupt

They were the hippies, and right in the firing line for the last recession (the largest private grab of public money in the history of the US since the Reagan era). Itís a shame, but expected.

We will now have to double down and foot the bill to see them through their medically enhanced datelines with our tax dollars (whoo-hoo, another private grab of public money!)

Iím socking cash away in hopes it will still be worth something when I retire.
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Old 08-07-2018, 08:20 PM
anna (Offline)
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Originally Posted by brianpatrick View Post
I’m socking cash away in hopes it will still be worth something when I retire.
oh briannnn (hugs) should be asleep and this post sent with love not hate - only got the moment and life’s short then and that’s what I live in ...

* * *

a repost - wild times, flames and fucks with flea ...


anna was thinking on her answer to he who had asked a more beautiful question ...

today then and her life was a pack of cards, the real more fake and fraudulent than any dream held honestly and shared between them here ... she wasn’t sure how to explain the nonsense so she cupped a bone china tea pulled up a chair to the table and began. ‘See as part of anna’s PPI claim she had requested they do a blanket search across properties and accounts and not only would it appear that her ex boyfriend had set up a historic joint loan account unbeknown to her - the bank had made the greater detail of this mysterious joint loan account off limits too - because at the same time as he had appeared to set it up with no PPI as noted - they had been known to create secondary phantom loan accounts with the PPI. So it would appear he had faked her signature then and they had faked his ... and this all on the back of anna’s making of substantial wealth for them both to have benefited and now with nothing, the account closed and the bank and her ex boyfriend worth millions ... ‘funny sometimes your eyes just leak tears from some well within’ she thought - to him.


Last edited by anna; 08-11-2018 at 05:41 AM..
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