WESLEY CLARK ON WHY WE INVADED IRAQ
This is not new, but remains jaw-dropping. Two minutes. Watch.
BILL MAHER ON WHY THE NFL IS SOCIALIST
Not new, either, but you don’t want to miss it. A must-send to your Republican uncle.
A READER ON THE YOUNG SUBSIDIZING THE OLD
Rasley: “You asked, ‘Should Corporate America Force The Young To Subsidize The Old?’ Yes, and you forgot to mention that before there were Social Security and Medicare, who paid for the health and support of the elderly? Their younger relatives. My grandparents by the time they were 40 were supporting his mother, her mother, and an elderly man who was a distant cousin– and my mother remembered that they were all living in her parents’ 1200-square-foot home. My mother shared a room with her own grandmother for most of her childhood. Somehow I doubt that these days young people want to be responsible for the upkeep of elderly relatives. It’s really much cheaper to pay FICA and Medicare taxes. Young people today have grown up never knowing life without Medicare and Social Security. We might need to explain to them that if old people have no income, they move in.”
Quote of the Day
That I'm their competition.~Famed hedge fund manager Michael Steinhardt, when asked the most important thing an investor could learn from him.
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