A New Retirement Age?

Another stellar day in the news.  The DOW tanks, riots in London spreading ... downgrades for Fannie and Freddie.  Add this to the "austerity drive" in Europe?  Greece, Portugal, Ireland, UK, France, Netherlands, Spain, Romania, Italy, Germany  -  http://www.bbc.co.uk/news/10162176 .    And meanwhile the US is in worse financial shape than Greece?  ( http://www.cnbc.com/id/43378973/US_Is_in_Even_Worse_Shape_Financially_Than_Greece_Gross )

What a staggering coinkeedink.   Just who are the lucky cats who are owed all that money, I wonder?  Hmmm ...   And do I hear the rumble of white horses, and shouts for "global governance" off in the distance?  

(http://www.youtube.com/watch?v=V3GTc81fFpo)  -  all for the "good of the whole"  -  of course.  

It appears working well into old age will be part of the panacea.     Remember, too, that a few weeks ago we were assured we needn't worry about Social Security ... that it only needed some "repairs", including (1) increasing the retirement age, (2) increasing taxes, and (3) reducing benefits.   (http://money.msn.com/retirement-plan/5-myths-about-social-security-weston.aspx?GT1=33042)   Then everything will be just fine.  This makes perfect sense, since 80 is the new retirement age -

"Is 80 the New Retirement Age?" -  http://video.cnbc.com/gallery/?video=3000027264

Things are lookin' good in the land of the free, home of the brave.  I guess working until you're 80 isn't that bad if you love your job.  And of course everyone loves their job.  Besides, how dare anyone think they should be able to enjoy their golden years?  Yeah, let's put the elderly back to work, put a pick and shovel in their hands.   That will bring back the ailing economy.  Throw in some tax hikes, cutting of social services, a little inflation and wage cuts for good measure ...   Way to get at the source of the problem.

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