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Keyword: boomers

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  • Baby boomers get their drink on

    08/25/2009 10:48:17 AM PDT · by Berlin_Freeper · 121 replies · 2,532+ views
    Los Angeles Times ^ | August 25, 2009 | MELISSA HEALY
    The early baby boomers may be known as the generation of sex, drugs and rock 'n' roll. But it turns out, they're hitting the bottle pretty hard as they age, as well. And that portends significant alcohol-related health problems ahead as those mid-lifers become seniors. A new study finds that among men and women 50 to 64 years old, almost 1 in 4 men and 1 in 10 women is a "binge" drinker -- meaning that at some point in the last 30 days, he or she has downed four (for women) or five (for men) servings of alcohol in...
  • Many Baby Boomers are Continuing Illicit Drug Use into Their Later Years...

    08/25/2009 10:42:46 AM PDT · by Berlin_Freeper · 54 replies · 1,626+ views
    Substance Abuse & Mental Health Services Administration ^ | August 19, 2009 | SAMHSA Press Office
    Many baby boomers (Americans in the generation born between 1946 and 1964) are continuing to use illicit drugs as they grow older, causing the rate of illicit drug use to go up within the 50 to 59 year old age segment of the population. According to a new analytical publication produced by the Substance Abuse and Mental Health Services Administration (SAMHSA), those aged 50 to 59 reporting use of illicit drugs within the past year has nearly doubled from 5.1 percent in 2002 to 9.4 percent in 2007 while rates among all other age groups are statistically staying the same...
  • The Week Obama Lost The American People

    08/22/2009 8:17:51 AM PDT · by Ernest_at_the_Beach · 59 replies · 2,911+ views
    Flopping Aces ^ | Saturday, August 22nd, 2009 at 6:53 am | Scott
    There’s just no other way to look at it. President Obama is fleeing Washington D.C., and with good reason! Now, we could easily list the issues of the day and how he’s screwed up on each and every one, but that ignores the bigger, strategic problem he has: After 3 years of campaigning (of which he continues even after being elected), people are finally discovering Barack Obama’s lack of substance. Whether one describes that as inexperience, amateur, inept, as sizzle without steak, or as something else, the core argument against a President Obama has always been that he was making...
  • Some Baby Boomers Still Getting High

    08/19/2009 7:05:28 AM PDT · by Publius804 · 81 replies · 2,115+ views
    Newsmax ^ | August 19, 2009 | Associated Press
  • Obama's Imperial Decree: Target Oklahoma

    08/07/2009 7:06:37 AM PDT · by sovereignty2 · 107 replies · 4,592+ views
    Tenth Amendment Center ^ | 08-06-09 | Bryce Shonka
    Remember the good old days, when one only had to watch out for the Federal Government’s twisted interpretation of the commerce clause to justify tyranny? Well those days seem to be long gone. The Obama Administration has been employing an old tactic lately – what some might call an imperial threat – and they’re not doing it overseas, either. The state of Oklahoma is now the target of a direct challenge from US Attorney General Eric Holder, who is using the Civil Rights Act of 1964 as justification to violate Oklahoma’s sovereignty as affirmed by the Tenth Amendment to the...
  • Of Diapers and Deficits

    07/27/2009 8:33:04 AM PDT · by victim soul · 9 replies · 354+ views
    Life Dynamics ^ | Jul;y 14, 2009 | Mark Crutcher
    Earlier this year, House Speaker Nancy Pelosi called for the government's economic stimulus package to include a healthy increase in spending for what she called “family planning.” (If you didn't already know, “family planning” is generally code for abortion.) Pelosi said that this would save state and federal governments the cost of having to pay for the health care and education of poor children. Of course, it's pretty hard to argue with that sort of logic. After all, dead children are less expensive to care for than live children. In any event, Pelosi's remarks came on the heels of Barak...
  • Boomers in Trouble: The Unheralded Economic Mega-Trend

    07/15/2009 4:31:32 AM PDT · by arthurus · 56 replies · 1,803+ views
    Seeking Alpha ^ | July 14, 2009 | Graham Summers
    Thus far, analysis the financial collapse has been framed almost entirely in terms of money. All the research I’ve seen has delved into lending standards, securitization, inflation, interest rates, housing and the like. Yet underneath this veneer lies one larger, mega-trend that has driven all of these themes to a greater or lesser degree. It created one of the largest stock bull markets we’ve ever seen from 1982-2001. It helped drive the Bubbles in Tech stocks AND Housing. And now it will guide the coming collapse in stocks and consumer spending. That trend is AGE: specifically the Boomer generation and...
  • Need Wrinkle Advice from FReeper Sisters

    07/11/2009 5:58:01 PM PDT · by Marie · 199 replies · 3,878+ views
    me | July, 11, 2009 | me
    OK FReeperettes, I need some help. It’s finally happened, just as I knew it would… my face is starting to show my age. Quickly. I knew it would happen just like this. Every woman ages the same in my mother’s family and apparently, I’m no exception. They get seriously carded, their husbands get flack for being with a teenager, nobody believes their teenagers belong to the - until about 40. Then BOOM! Their faces crater. They go from easily passing for 21 to looking 45 within a few months and it all happens around 40. Doesn’t matter if they smoke...
  • The Gradest Generation: Do Boomers Pass Or Fail?

    06/21/2009 5:28:54 PM PDT · by JoeProBono · 51 replies · 1,111+ views
    Baby boomers — which the Census Bureau defines as the group of 78 million or so people born between 1946 and 1964 — are obsessed with grades. They rank everything: best to worst, least to most, zero to 100, A to F. They grade movies, hotels, beef, municipal bonds and restaurants — for the quality of food, for speed of service, for cleanliness. They mark up school essays and driving tests and citizenship exams. After the release of the 1979 movie 10, starring boomer Bo Derek, men and women began appraising each other on a 1-to-10 scale. The first Zagat...
  • Tight-knit Trident Submariners Conduct Strategic Deterrence Missions

    02/25/2009 3:43:29 PM PST · by SandRat · 7 replies · 442+ views
    WASHINGTON, Feb. 25, 2009 – Somewhere in the Atlantic Ocean last week, sailors aboard the Trident strategic missile submarine USS Maryland prepared to start a series of underwater practice maneuvers known as “angles and dangles.” The USS Maryland’s “Gold” crew executive officer, Navy Lt. Cmdr. Louis J. Springer, takes a look through the vessel’s periscope, Feb. 17, 2009. DoD photo by Gerry J. Gilmore  (Click photo for screen-resolution image);high-resolution image available. The Maryland’s captain, Navy Cmdr. Jeffrey M. Grimes, and his chief of the boat and senior enlisted leader, Master Chief Petty Officer Michael C. McLauchlan, intently observed the actions...
  • Winter of Our Discontent

    02/15/2009 6:14:20 AM PST · by Shane · 9 replies · 553+ views
    Seeking Alpha ^ | 2/11/09 | James Quinn
    We enter 2009 and the Presidency of Barack Obama with citizens pessimistic about the future of our country. The public has lost faith in government, financial institutions, and religious institutions. Distrust of politicians, bankers, CEO’s, financial advisors, and moral leadership is well founded. The popular culture of over hyping public figures and then tearing them down has led to everyone and everything being discredited. The personal and public choices that will be required in the next few years will be harsh. Moral courage and leadership is what is needed. As I watch the likes of Barney Frank, Nancy Pelosi, Rush...
  • A Thank You Letter To Bob Ryan

    01/24/2009 5:56:27 PM PST · by walford · 1 replies · 201+ views
    Musings from the Meathead ^ | Jan. 22, 2009 | The Meathead
    Thank you so much for reminding me. A day after a historic inauguration and affirmation that this is the greatest country known to man, one that provides unlimited opportunity for all; your article in the Globe today made sure that our original sin stiil hangs on us. The sin that only the martyrdom of the white male liberal and his resurrection in the halcyon days of the 60's have we been spared from Judgement Day. The sacrifice you made Bob, you and your grey haired aging hipster friends to make sure that we must never forget that black people are...
  • HOW TO LIVE TO 120 - BOOMERS ARE CLAMORING FOR A LONGER LIFE - AND SCIENCE MAY JUST GIVE IT TO THEM

    01/03/2009 5:12:21 PM PST · by Free ThinkerNY · 25 replies · 816+ views
    Too bad Ponce de Leon didn't live in 21st century New York City. He may not have found the Fountain of Youth, but he would have at least gotten a book deal. It seems that every time a Baby Boomer finds a gray hair, another tome is written promising to teach people how to stave off the effects of aging. This year, dozens of self-help titles are set to hit the shelves, all offering tips to extending youth.
  • Is Social Security a Ponzi Scheme?

    12/28/2008 5:40:39 PM PST · by Lorianne · 151 replies · 3,790+ views
    Business Week ^ | December 28, 2008 | Michael Mandel
    In the aftermath of the Madoff implosion, quite a few people have pointed out the parallels between a Ponzi scheme and Social Security. Arnold Kling, whom I respect, has written: I’ve been thinking that Madoff is a perfect analogy for the public sector. The government gives people money, which it expects to obtain by taking the money from people in the future. Even the Center on Budget Policy and Priorities, not known as a right-wing organization, sees the U.S. fiscal stance as unsustainable (pointer from Ezra Klein via Tyler Cowen)—in other words, a Ponzi scheme. Other people have gone farther....
  • Boomers know how to adjust [might run out of food and water]

    12/08/2008 5:57:05 PM PST · by SJackson · 62 replies · 1,872+ views
    Capital Times ^ | 12-8-08 | Barbara Quirk
    If you were born from 1946 through 1964, you are a boomer, a member of the most intriguing population this country has ever known. A new study invites you to look into your future for an in-depth view of how you, and your diverse group of cohorts, are likely to adapt as you grow old. "Boomers: The Next 20 years, Ecologies of Risk" is the title of a report from the Institute for the Future and the MetLife Mature Market Institute. It predicts some wondrous things as well as presenting some cautionary issues. Overall, it is quite a positive picture....
  • Boomer Bust

    10/17/2008 10:18:20 AM PDT · by foutsc · 103 replies · 1,630+ views
    Nietzsche is Dead ^ | 17 oct 08 | foutsc
    I guess I'm not the only one wishing Boomers would just shuffle off quietly to Hippie Valhalla. The whiniest, most self-absorbed generation is apparently wearing out its welcome among others as well. And with good reason. This is the generation that brought us Viagra commercials on TV during family hours, introducing our youngsters new and interesting phrases. This is the generation that mainstreamed porn, marketed slutwear to our daughters and encouraged our boys to be pimps. I know, boomers are not the authors of our current social dysfunctions, but they were the libertines who stormed Bastille, unleashing the corrosive social...
  • Pair's good times no longer rolling A BOOM IN BOOMERS

    07/06/2008 7:07:21 PM PDT · by dynachrome · 23 replies · 183+ views
    Free Lance Star ^ | 7-6-08 | CATHY DYSON
    Carol Fisher thought she did everything right to prepare for retirement--and to live her dream of seeing the country from a recreational vehicle. She and her husband, Larry, worked at the Naval Surface Warfare Center in Dahlgren. They planned to sell their log home in King George County after they retired and live off the interest, along with their pensions. But when Larry Fisher died two years after the couple began traveling, Carol Fisher's dreams ended, too. ------------------------------------------------------ She also had a decade-long spending spree, buying souvenirs from New York to Nova Scotia. When gas and grocery prices soared, she...
  • All About Me

    05/29/2008 3:25:08 AM PDT · by Nony · 25 replies · 144+ views
    Primetime Politics ^ | May 29, 2008 | Victor Davis Hanson
    Here is how our baby-boom generation solves problems: -- Recently, George Bush went to Saudi Arabia to ask the ruling House of Saud to pump more oil. That request had about as much chance of success as the Democratic-led congressional effort to “sue” the Saudis in American courts for their selfish “price-gouging.” The current debate about energy in the United States has devolved into doing the same old thing—consume, don’t produce and complain—while somehow expecting different results. Congress talks endlessly about the bright future of wind, solar and new fuels, while it stops us from getting through the messy present...
  • Why baby boomers can't change tunes

    05/20/2008 12:53:37 PM PDT · by jwalburg · 62 replies · 270+ views
    Aberdeen American News ^ | May 20. 2008 | Art Marmorstein
    Recently, I reviewed a new American history anthology. I was amused to find included in the book a generous selection of 1960s protest songs. Apparently, lyrics by Bob Dylan, Pete Seeger, Buffy Sainte-Marie and Country Joe MacDonald are making their way into the academic canon, and at least some professors seem to think these are “must-read” documents for our students. Well, maybe so. But if one really wants song lyrics that reflect the 1960s, I'd point my students instead to some of the songs from math professor and musical satirist Tom Lehrer. In terms of insight into America, Lehrer's “National...
  • 1 in 10 boomers borrows for everyday expenses

    05/14/2008 6:53:48 AM PDT · by rightwingintelligentsia · 64 replies · 94+ views
    AP Via MSNBC.com ^ | May 13, 2008
    NEW YORK - The economic downturn is hitting roughly one in 10 middle-aged and older Americans especially hard, compelling them to borrow money for everyday living expenses and to seek help from family, friends or charities, according to a survey released Tuesday by the AARP. In the telephone survey of 1,002 adults 45 and older, nearly four in 10 said they had helped a child pay bills or expenses. Among retirees, one-third said they’d helped their children pay bills. Eight percent said they’d helped a parent pay bills or expenses. The survey’s margin of sampling error was plus or minus...
  • In the Eye of the Beholder: When a Boom Begins

    02/17/2008 3:52:52 PM PST · by politico 2006 · 15 replies · 161+ views
    The New York Times ^ | February 17, 2008 | JENNY LYN BADER
    AS Bill Clinton was the first baby boomer president, Barack Obama could be the first Generation X president. Or, depending on how you figure it, Mr. Obama, born in 1961, could be the third boomer in chief, following Presidents Clinton and Bush. In theory, the candidate Obama belongs in the boom, defined by the Census Bureau as births during the years 1946 to 1964… The generation-spotter Jonathan Pontell, on the other hand, argues the boom began in 1942 and ended in 1953. He places Mr. Obama in “Generation Jones,” a term Mr. Pontell coined to characterize those born during the...
  • Boomers and the Vietnam Shrug

    02/16/2008 12:42:44 PM PST · by forkinsocket · 56 replies · 368+ views
    American Thinker ^ | February 16, 2008 | Frank Dudley Berry, Jr
    Back in 1963, when I was a junior in high school, summer jobs were not so easy to come by -- the negative aspect of Baby Boomer demographics. Finally, a friend managed to line me up with a job busing tables at a local Catholic retreat house. I served breakfast, lunch, and dinner, washed dishes, and did my best to keep a low profile. It wasn't much, but the start of my career of gainful employment. A strict rule of silence was enforced then on Catholic retreats. The participants, entirely male, did not speak to each other, and particularly at...
  • Getting Past the '60s? It's Not Going to Happen.

    02/06/2008 5:11:31 AM PST · by forkinsocket · 8 replies · 81+ views
    Washington Post ^ | February 3, 2008 | Rick Perlstein
    O ne of the most fascinating notions raised by the current presidential campaign is the idea that the United States can and must finally overcome the divisions of the 1960s. It's most often associated with the ascendancy of Sen. Barack Obama, who has been known to entertain it himself. Its most gauzy champion is pundit Andrew Sullivan, who argued in a cover article in the December Atlantic Monthly that, "If you are an American who yearns to finally get beyond the symbolic battles of the Boomer generation and face today's actual problems, Obama may be your man." No offense to...
  • No Country for Young Men

    01/18/2008 9:21:42 PM PST · by forkinsocket · 62 replies · 151+ views
    The Atlantic ^ | January/February 2008 | Megan McArdle
    The Baby Boomers’ retirement will change the texture of society in ways we’ve scarcely begun to contemplate. A dispatch from America’s coming silver age It is cliché to speak of sleepy little country towns, but my mother’s hometown goes beyond sleepy into Rip van Winkle territory. Newark, New York, has more churches than bars. Neat clapboards and stately Victorians line quiet streets wrapped tight around the Erie Canal. Drive through Newark quickly, and it looks like America’s past. Stay a little longer, and you begin to recognize it as our future. Walk into one of those churches on a typical...
  • Boomers are about to collect[Social Security][Wisconsin]

    01/03/2008 12:35:58 PM PST · by BGHater · 19 replies · 240+ views
    Journal Sentinel Online ^ | 31 Dec 2007 | BILL GLAUBER and BEN POSTON
    In 2008, the first wave of a generation 78 million strong will hit the Social Security system Greg Witt was born in January 1946, raised on Elvis, served two years in the U.S. Army and retired after 38 years of working for Allen-Bradley in Milwaukee. Now, he is on the cusp of turning 62 and reaching another milestone - receiving Social Security. "It's kind of like another step in your life," he says. "It feels kind of good, all these years of working and contributing and I get something back." Witt is among the first of 78 million baby boomers...
  • Baby Boomers Owe Young People an Apology--Conceits of the Horrid Generation

    12/17/2007 5:43:31 AM PST · by SJackson · 126 replies · 442+ views
    Baby Boomers Owe Young People an Apology   By Dennis PragerFrontPageMagazine.com | Tuesday, December 04, 2007 http://www.frontpagemag.com/Articles/Read.aspx?GUID=1E5D04AE-14DA-4920-8F6A-1DCE01801277   We live in the age of group apologies. I would like to add one. The baby boomer generation needs to apologize to America, especially its young generation, for many sins. Here is a partial list: First and perhaps foremost, we apologize for robbing many of you of a childhood. We baby boomers were allowed perhaps the most innocent childhoods known to history. We grew up without material want, in one of the most decent places in world history, with media that...
  • Pols target tax on home heating (boomers on blood thinners hardest hit)

    12/04/2007 8:08:35 PM PST · by Libloather · 28 replies · 1,134+ views
    Silive.com ^ | 12/01/07 | TOM WROBLESKI
    Pols target tax on home heatingSavings to hard-pressed New Yorkers would amount to $300M Saturday, December 01, 2007 By TOM WROBLESKI STATEN ISLAND, N.Y. -- The unseasonably warm weather Staten Island has seen lately doesn't mean that homeowners aren't feeling the pinch of rising energy costs. Before the cold weather settles in for good and really drives up the price of heating oil and gas, three Republican lawmakers are calling on the City Council to eliminate the 4 percent tax on home heating fuel. "Talk is cheap," said state Sen. Andrew Lanza (R-South Shore). "To reduce the skyrocketing cost of...
  • First baby boomer applies for Social Security

    10/15/2007 2:18:55 PM PDT · by trumandogz · 192 replies · 202+ views
    WASHINGTON — The nation's first baby boomer applied for Social Security benefits today, signaling the start of an expected avalanche of applications from the post World War II war generation. Kathleen Casey-Kirschling, a former teacher from New Jersey, applied for benefits over the Internet at an event attended by Social Security Commissioner Michael Astrue. Casey-Kirschling, who now lives in Maryland, was born one second after midnight on Jan. 1, 1946, making her the first baby boomer — a generation of nearly 80 million born from 1946 to 1964, Astrue said. Casey-Kirschling will be eligible for benefits after she turns 62...
  • Never Trust Anybody Over 49 (Obama over Hillary Puff)

    09/29/2007 3:52:52 AM PDT · by shrinkermd · 1 replies · 78+ views
    New York Times ^ | 29 September 2007 | Gail Collins
    Earlier this year at a campaign rally, Bill Clinton said that when he was at Yale, he told Hillary: “I have met all the most gifted people in our generation and you’re the best.” Now, it’s always nice to hear a husband say he thinks his wife is tops. But I can’t get past the idea that while Bill Clinton was still in law school he believed he already knew every baby boomer worth knowing. ...Obviously, Clinton wasn’t including Barack Obama, who was only about 12 at the time. Now, Obama’s campaign is the revenge of Gen XYZ — an...
  • Peace is Sometimes a Four-Letter Word

    09/22/2007 5:46:39 AM PDT · by Kaslin · 9 replies · 317+ views
    Townhall.com ^ | September 21, 2007 | Burt Prelutsky
    ack in the 1950s, a southern journalist named Harry Golden became famous by turning out a series of best-selling books, the first of which he called “Only in America.” The title was a reference to a popular expression that reflected the feeling of most of his countrymen that America was special, a unique place that offered millions of people unlimited freedom to express themselves and to achieve dreams that were unimaginable anywhere else on earth. In the half century since Mr. Golden wrote his book, things have undergone a sea change in this country. Partly the change has come about...
  • Baby Boomers Pay For Six Pack In A Syringe (Baby Boomer Vanity Sinks To New Low)

    08/19/2007 1:41:36 PM PDT · by DogByte6RER · 26 replies · 1,662+ views
    Telegraph.co.uk ^ | 19/08/2007 | Philip Sherwell
    Baby boomers pay for six pack in a syringe By Philip Sherwell, Sunday Telegraph Last Updated: 1:00am BST 19/08/2007 With his six-pack stomach, bulging chest and bull-like shoulders, the muscleman in the newspaper advertisement displays the sort of rippling torso that adorns the cover of men's fitness journals. But there is one difference. From the neck up, Dr Jeffry S Life is a balding 67-year-old physician. His physique is the product not of a computer touch-up but a controversial American "ageing management" technique, that often includes a cocktail of human growth hormones and testosterone. Some 13,000 clients have so far...
  • So... Move...(In CA, "Millionaires Who Don't Feel Rich")

    08/05/2007 11:06:00 AM PDT · by Behind Liberal Lines · 48 replies · 1,358+ views
    Federal Review ^ | Sunday, August 05, 2007
    MENLO PARK, Calif. —Today's New York Times has an article about people who are worth millions and are still complaining:Silicon Valley is thick with those who might be called working-class millionaires — nose-to-the-grindstone people like Mr. Steger who, much to their surprise, are still working as hard as ever even as they find themselves among the fortunate few. Their lives are rich with opportunity; they generally enjoy their jobs. They are amply cushioned against the anxieties and jolts that worry most people living paycheck to paycheck.But many such accomplished and ambitious members of the digital elite still do not think...
  • Ted Nugent Blames Hippies for Divorce, Abortion, Drugs and Crime

    07/30/2007 8:10:20 AM PDT · by DogByte6RER · 227 replies · 6,220+ views
    The Rolling Stone ^ | July 3, 2007 | Zachary Weiss
    Ted Nugent Blames Hippies for Divorce, Abortion, Drugs and Crime 7/3/07, 2:22 pm EST It was only a matter of time before Ted Nugent decided to rain on the Summer of Love’s anniversary parade. In an article from today’s Wall Street Journal titled “The * Summer of Drugs,” the notoriously opinionated guitar god took some time off his busy hunting schedule to blame “stoned, dirty, stinky hippies” for “rising rates of divorce, high school drop-outs, drug use, abortion, sexual diseases and crime, not to mention the exponential expansion of government and taxes.” * Highlights (including some choice words for Jimi...
  • The 9/11 Generation (Better than the Boomers)

    07/22/2007 12:41:59 PM PDT · by RWR8189 · 53 replies · 1,309+ views
    The Weekly Standard ^ | July 30, 2007 | Dean Barnett
    In the 1960s, history called the Baby Boomers. They didn't answer the phone. Confronted with a generation-defining conflict, the cold war, the Boomers--those, at any rate, who came to be emblematic of their generation--took the opposite path from their parents during World War II. Sadly, the excesses of Woodstock became the face of the Boomers' response to their moment of challenge. War protests where agitated youths derided American soldiers as baby-killers added no luster to their image.  Few of the leading lights of that generation joined the military. Most calculated how they could avoid military service, and their attitude rippled...
  • Their faith is booming

    07/09/2007 9:09:20 AM PDT · by Between the Lines · 8 replies · 213+ views
    Orlando Sentinel ^ | July 8, 2007 | John Blake
    As the children of the Greatest Generation age, they are embracing religion in greater numbers. Jerry Holland has been a religious skeptic, an atheist and a spiritual seeker. Now he has become something he never would have envisioned when he was a restless teenager who read Charles Darwin in secret because he didn't want his Southern Baptist parents to know he was learning about evolution. Holland is now a Bible-study leader. Holland, a 62-year-old structural engineer, has helped start a Seekers and Skeptics Bible study group at Community Christian Church in Fayetteville, Ga., to answer the kinds of questions he...
  • Bill Would Help Retirees Get a 'Paycheck for Life' (Sen Gordon Smith, OR)

    05/08/2007 11:01:27 PM PDT · by CutePuppy · 50 replies · 1,477+ views
    Cybercast News Service ^ | May 8, 2007 | Melanie Hunter
    Bill Would Help Retirees Get a 'Paycheck for Life' (CNSNews.com) - Sen. Gordon Smith (R-Ore.) has re-introduced a bill intended to help middle-class Americans make their retirement income last for their rest of their lives. The Retirement Security for Life Act of 2007 (S. 1010) amends the tax code to encourage the purchase of annuities - investment vehicles that provide guaranteed lifetime income. Under the proposal, individuals would get a federal tax break on up to $20,000 of the annual income generated by annuities that promise lifetime payments. An average taxpayer in the 25 percent tax bracket would get a...
  • Taxes: Y Asks Why, Boomers Ask Why Not

    04/10/2007 7:21:00 PM PDT · by shrinkermd · 125 replies · 2,158+ views
    Investor's Business Daily Editorials ^ | 10 April 2007 | Robert Samuelson
    Cassandra Devine knows how to solve the coming "entitlements" crisis, preordained when the 77 million baby boomers begin hitting 65 in 2011: Pay retirees to kill themselves, a program she calls "transitioning." Volunteers could receive a lavish vacation beforehand ("a farewell honeymoon"), courtesy of the government, and their heirs would be spared the estate tax. If only 20% of boomers select suicide before the age of 70, she says, "Social Security, Medicare, Medicaid will be solvent. End of crisis." OK, Devine is a 29-year-old fictional blogger in Christopher Buckley's satirical novel "Boomsday." Infuriated at the injustices awaiting her generation, she...
  • Boomer doom: Victims of culture of youth

    01/28/2007 8:01:13 AM PST · by SmithL · 77 replies · 1,875+ views
    Scripps Howard News Service via KnoxNews ^ | 1/28/7 | LEE BOWMAN, LISA HOFFMAN and THOMAS HARGROVE
    As America's baby boomers approach senior status, a troubling number are dying from causes that have marked the generation since the 1960s - drug abuse, suicide and accidents. A new analysis by Scripps Howard News Service of death records for more than 304,000 boomers who died in 2003 shows the legacies of early and lingering drug use, a tendency toward depression at all stages of life and a stubborn determination not to "act their age." All of those problems contribute to more deaths from drugs, suicides and accidents than seen in previous aging generations. Most of the nearly 78 million...
  • Faith on the rise among boomers [Protestant church attendence on the rise in Canada]

    12/01/2006 8:56:45 AM PST · by Alex Murphy · 2 replies · 443+ views
    Anglican Journal ^ | Dec 1, 2006 | Marites N. Sison
    Anyone who thinks that organized religion in Canada is dying “would be wise to think again,” says sociologist Reginald Bibby. Mainline Protestants (Anglican, United, Lutheran and Presbyterians) in Canada have collectively experienced an increase in monthly-plus attendance in church services since a decade ago, from 26 per cent in 1995 to 31 per cent in 2005, according to Mr. Bibby of Alberta’s University of Lethbridge. In his latest book, The Boomer Factor: What Canada’s Most Famous Generation is Leaving Behind, Mr. Bibby – who has been monitoring social trends in Canada for 30 years – said that while most observers...
  • Editorial: You owe them - Court says take care of your elderly parents

    11/27/2006 7:58:14 AM PST · by SmithL · 103 replies · 4,039+ views
    Sacramento Bee ^ | 11/27/6 | Editor
    All those baby boomers with aging parents should pay close attention to a recent court decision in California. An appeals court ruling in a nasty divorce in Placer County highlights the little known but significant legal obligation of adult children who, to the extent they are able, should support their indigent parents. In the case before the appeals court, a divorcing wife disputed her husband's right to deduct from the proceeds of her share of community property the $12,000 he had spent to support his elderly, infirm mother. The wife called the support payments "an unauthorized gift of community funds."...
  • Is TV's youth obsession backfiring?

    11/17/2006 1:24:56 PM PST · by MizSterious · 17 replies · 337+ views
    AP via Yahoo ^ | November 17, 2006 | DAVID BAUDER,
    Is TV's youth obsession backfiring? By DAVID BAUDER, AP Television Writer 40 minutes ago NEW YORK - Americans born between 1946 and 1964 are accustomed to being catered to, but that's not the case with much of television today. Now there's some new evidence that they're finding this mighty irritating. A study conducted by Harris Interactive suggests that the television industry's obsession with youth is backfiring. Nearly two-thirds of Americans say they believe that most TV programming and advertising is targeted toward people under 40, the survey said. More than 80 percent of adults over 40 say they have a...
  • Older Workers Taking Stock Of ‘Bridge’ Jobs (Retiring No Longer An Option)

    10/16/2006 4:26:06 AM PDT · by shrinkermd · 131 replies · 3,000+ views
    Investor's Business Daily ^ | 16 October 2006 | Staff
    "...He’s not alone. According to a 2005 study by the Boston College Center on Aging and Work, traditional retirement where employees totally stop working may never happen for most baby boomers. Instead, the study suggests that 50%-66% of retirees will be vying for bridge jobs, parttime or short duration work for at least five years after retirement...
  • Bernanke: Baby Boomers Will Strain U.S.

    10/04/2006 9:05:44 PM PDT · by Lunatic Fringe · 23 replies · 598+ views
    Unless Social Security and Medicare are revamped, the massive burden from retiring baby boomers will place major strains on the nation's budget and the economy, Federal Reserve Chairman Ben Bernanke said Wednesday. "Reform of our unsustainable entitlement programs" should be a priority, he said in prepared remarks to the Economics Club of Washington. "The imperative to undertake reform earlier rather than later is great," Bernanke added. It marked the Fed chief's most extensive comments to date on the challenges facing the United States with the looming retirement of 78 million baby boomers. In his remarks, Bernanke did not offer Congress...
  • No Cuts, No Butts, No Coconuts

    09/12/2006 11:58:19 AM PDT · by VoodooEconomics · 2 replies · 276+ views
    PIMCO ^ | September 2006 | Bill Gross
    Bathroom humor is always great fun to a fourth-grader and there’s a little bit of that in the above that seems to have been passed down from generation to generation since…since…well ever since kids started standing in lines and needed to say something cool to maintain their place in them. I must confess that there have been lots of times when I have cut in line: at the movie theater with that “front two rows only” desperation; approaching the crowded freeway exit with that “I’m already 10 minutes late” rationale. Still, my biggest cut in line occurred on April 13th...
  • Drug use up for boomers, down for teens

    09/07/2006 9:03:19 AM PDT · by Incorrigible · 332 replies · 2,711+ views
    AP via Yahoo ^ | 9/7/2006 | KEVIN FREKING
    Drug use up for boomers, down for teens By KEVIN FREKING, Associated Press Writer WASHINGTON - Some moms and dads might want to take a lesson from their kids: Just say no. The government reported Thursday that 4.4 percent of baby boomers ages 50 to 59 indicated that they had used illicit drugs in the past month. It marks the third consecutive yearly increase recorded for that age group by the National Survey on Drug Use and Health. Meanwhile, illicit drug use among young teens went down for the third consecutive year — from 11.6 percent in 2002 to 9.9...
  • Baby boom... and bust

    08/26/2006 6:16:15 AM PDT · by billorites · 96 replies · 1,742+ views
    BBC News ^ | August 17, 2006 | Brenden O'Neill
    Baby boomers like to trumpet their generation's achievements. But their fondness for conspicuous consumption and foreign travel has led to many a modern-day ill, from rising debt to environmental woes. This week, former US President Bill Clinton - perhaps the archetypal baby boomer - turns 60. With his penchant for playing sax, feeling everyone's pain, and his admission that he flirted with marijuana (without inhaling), Clinton has come to symbolise the generation born between 1946 and 1964 who shook up Western society. Now, as the boomers become "ageing hipsters", we're constantly being reminded of their achievements. They gave us rock...
  • Desperate Grandmas: Now sexagenarians, narcissistic feminists are still seeking the Best Sex Ever

    08/17/2006 11:30:37 PM PDT · by Stoat · 12 replies · 1,354+ views
    City Journal ^ | August 16, 2006 | Kay S. Hymowitz
    Desperate Grandmas Kay S. HymowitzNow sexagenarians, narcissistic feminists are still seeking the Best Sex Ever.Time passes, and we get old. Our faces wrinkle, our hair goes gray and MIA, our teeth yellow, our knees ache, we forget the names of people we said hello to just yesterday on the way to pick up the Geritol, and there are days when a nap sounds real nice.At least that’s the way it’s been for most of humanity. But rumors that boomers will be joining the great biological stream turn out to have been greatly exaggerated. Boomers—especially feminist-influenced women of a certain...
  • GAO: Boomer effect on stocks negligible (ALL US GEEZERS WON'T MAKE A DIFF)

    07/29/2006 9:06:59 PM PDT · by paulat · 11 replies · 413+ views
    Yahoo! / The Associated Press ^ | 7/28/06 | Not Listed
    GAO: Boomer effect on stocks negligible Fri Jul 28, 7:47 PM ET WASHINGTON - A congressional investigation has discounted any danger that a wave of retiring baby boomers will cause a precipitous decline in the stock market by suddenly selling off their financial assets. The Government Accountability Office concluded most boomers have few assets to sell, retirees tend to spend their assets slowly, longer life expectancies may stretch that out even more and many will probably continue working past their normal retirement ages. Boomers are the 78 million Americans born between 1946 and 1964. The oldest of that generation are...
  • More retirees opting to launch startups

    07/05/2006 6:45:00 AM PDT · by Dark Skies · 8 replies · 394+ views
    cnn.com ^ | 7/5/2006 | Lawrence M. Fisher
    For the past 10 years, adults ages 55 to 64 have been the group most likely to start a new business, according to a study released in May by the Ewing Marion Kauffman Foundation, which promotes entrepreneurship. And now that baby boomers are reaching retirement age, the trend is only going to grow. People are living longer and are more likely to pursue dream businesses rather than tend to their gardens when their workaday lives are done. About 80 percent of boomers claim they want to work in retirement, according to Sara Rix, senior policy adviser at the Public Policy...
  • Mommy, tell my professor he's not nice! (Over)involved baby boomer parents redefine adulthood.

    06/19/2006 6:45:15 AM PDT · by John Jorsett · 168 replies · 2,500+ views
    St Petersburg Times ^ | June 19, 2006 | Janet Zink and Shannon Colavecchio-Van Sickler
    Parents of University of Florida students log on to their children's personal Gator-Link accounts to check grades, then call deans when they don't like what they see. University of Central Florida parents call administrators to complain when their kids can't get into classes they want. At Florida State University, parents of graduating seniors haggle with job recruiters. They want to make sure Junior gets a good salary and work schedule. University administrators have a name for these baby boomer moms and dads who hover over their offspring's college lives. "Helicopter parents," says Patrick Heaton, FSU's assistant dean of student affairs....