The face of aging in America isn't a pretty one. Not because the flesh is sagging, but because the nation that once built schools, malls and suburbs for baby boomer families when they were young has turned against its elderly.
Opportunistic politicians seeking to preserve tax benefits for their wealthy patrons assault Medicare as a "socialistic" entitlement serving leeches. They take aim at Social Security as undeserved, even though recipients basically receive funds they themselves contributed over many years of working.
Banks lure the elderly into credit card debt, then slap on interest rates edging toward 40 percent and then seize property. Banks and some states siphoned off funds intended to ease mortgage stress.
If you take the time to listen, you will hear one horror story after another. People who once shared typical middle-class stories about careers and children's exploits now share dread about losing what little they have left.
Read the Full Article
