Homestead mailing list

[Gene GeRue <genegerue AT ruralize.com>]

> This seems buys into the view expressed by Gene several times that 
> payments to SS "clients" would be the last thing to go, that the stock 
> market would crash first and all economic activity would come to a halt 
> first before there would be any curtailment of SS benefits.

From a national point of view, feeding the military is more important than 
feeding geezers. I also think that the DC Whorehouse would continue to fund 
its operation, including paying their ever-increasing salaries and their 
staff and those needed to collect taxes and pay those salaries, before 
feeding geezers.

What will most likely happen is just what's happening with gas prices.
> SS recipients will still get the amount of money they've been promised, it
> just won't buy hardly anything any more.

Inflation is an important subject and deserves its own information 
exchange. Anyone who does not plan for inflation is foolish.

All it takes is to turn the public sentiment half a degree and what
> many hold to be a promise so sacred and absolute that the whole country 
> would shut down before going back on it, suddenly becomes something 
> explained away as a footnote.

Someone remind this youngster how many members constitute AARP. We, the 
members of AARP, ARE the public sentiment!