>>509737140the legislative volley between boomers and billionaires that leaves everyone out:
NYFed owners say they need more taxes from social security/medicare payments to pay them interest
boomers say big bank fleecing of the country is fine as long as they're getting social security
and they both continue to make laws to protect their positions, so now, effectively all wealth is going to the old and dying
pic related university pensions are largely invested in the $2T of SLABSs (a $2T pool of refinanced and securitized Student Loan Asset-Backed Securities), so the university is essentially getting paid twice by student loans
No one is really expecting boomers to:
1 admit what they have done
2 apologize for it
3 see what they can do to fix it now
But everyone is expecting boomers to:
1 double-the-fuck-down on their greed, arrogance and hubris