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Multi-Millionaire Goldman Sachs CEO Blankfein Says Americans Should Work Longer and Receive Fewer Benefits
Solving the long-term solvency problem of Social Security will mean Americans retiring later in life and receiving fewer benefits, according to one Wall Street tycoon who received $16 million in compensation in 2011.
Lloyd Blankfein, the enormously wealthy CEO of Goldman Sachs, recently told CBS News that “the retirement age has to be changed.” He also remarked that “maybe some of the benefits have to be affected; maybe some of the inflation adjustments have to be revised. But in general, entitlements have to be slowed down and contained.”
Blankfein, who owns $210 million worth of Goldman Sachs stock, defended his suggestions by claiming that “Social Security wasn’t devised to be a system that supported you for a 30-year retirement after a 25-year career.” …. http://www.allgov.com
2012-11-25 15:22:34
Source: http://luismmx.blogspot.com/2012/11/multi-millionaire-goldman-sachs-ceo.html
Source:
Best way to get back at these dickheads is to not invest with anyone or anything to do with them and most important change from banks to credit unions……this will break thier backs.
Too late now.
They have won already.
They are just holding the plug for a little longer.
Credit Unions will not save us.