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Old 09-26-2008, 12:01 PM   #211 (permalink)
Merovigan
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I thought they should have filed for bankruptcy BEFORE we gave them billions of dollars
 
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Quote:
Originally Posted by Cocoanut Koala View Post
Well, it's not all that cut and dried.

Life savings can be wiped out by a bad economy, and wiped out by medical expenses. And may not be that much in the first place, unless you have had high-paying jobs, or if you had kids or various financial setbacks, etc.

We don't always have control over everything. Or, there could be a bad divorce and so forth. Put simply, life isn't necessarily financially easy for old people, even if they did everything right and planned as well as they could.

coco
I agree...and so long as I don't have to walk past grandma begging for money everyday, I'm good!
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