The Millionaire CEOs of AIG, Fanny Mae, Freddy Mac, Lehman Brothers,  et. al. get tens of millions of dollars in taxpayer funded bonuses, and this is what we get.  If you aren’t angry then you aren’t paying attention.
The financial meltdown has demolished Americans’ retirement savings, wiping out $2 trillion — or about 20% of value — in the past 15 months, Congress’ top budget analyst said Tuesday.

This estimate probably comes as no surprise to millions of Americans who have reviewed their 401(k) statements in recent weeks.

“This is a financial panic right now, and one reason it feels so bad is that everything is going down,” says Kurt Brouwer, a financial planner in San Francisco.

The sharp drop in savings has led Americans to postpone contributing and, in some cases, delay retirement, Peter Orszag, head of the Congressional Budget Office, told the House Education and Labor Committee.

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