White House: Bush to lift offshore drilling ban

[Ezekiel]

Whose fault is it that people who have been retired for a number of years are finding that their monthly retirement/pension and social security incomes aren't able to keep up because in the last 10 years gasoline and heating oil have quadrupled in price?

"They chose poorly, over years."

There is a price to be paid.

If I choose poorly, that's on ME: so don't try any reflexive arguments, please.  (The pitard is there for me to be hung upon, I just choose to endeavour for that NOT to occur, by trying to anticipate SIGNIFICANT market fluctuations that are not in my favour.)

[K Frame]

Reflexive arguments?

Such as when you came here looking for a sympathetic shoulder when you were having trouble with your divorce?

Curious that such a tender-hearted individual is so coldly crass when it comes to others.

Ooops, sorry, that was reflexively comparative.

[longeyes]

"They chose poorly, over years."

There is a price to be paid.

It's a bit more complex than that.

You can start with the fact that interest rates have been kept artificially low and savers and investors are radically penalized by outrageous tax rates and double taxation.

If Social Security embodied true inflation adjustment payouts to beneficiaries would be much higher than they are.

The government is essentially conning the American people, transferring wealth from the small investor class to the welfare class.

[Ben]

This thread has drifted well beyond offshore drilling.