It is easy for a know it all like this author to point fingers and cite statistics that lie. All statistics lie folks, and can be bent any way you wan them. The bottom line here is the greed that has undermined our pensions and 401k's. If the Wall Street raiders and hedge funds had not repeatedly skimmed all of the cre...more

Yeah, Occupy Wall Street people, here is your chance to make a statement. Since us little guys and small time 401k investors cannot play in this game, and that means 80 - 90% of all Facebook users, ALL of us in that category should close our Facebook accounts and boycott Facebook forever. That would serve the exclusive...more

Yeah, Minhaydari, you "Short" all of it like the rest of the crooks on Wall Street that are squeezing the blood out of the turnip while us poor middle class folks watch our pensions disappear and 401k's dwindle and stagnate. SHORT, SHORT, SHORT SELL! If that is not creating money where there is none, go buy a few Credi...more

What ever happend to just betting (investing) on the stock market by just BUYING A STOCK? Where did all of this rip-off "Shorting" and "Putting" crap come from anyway? I tell you it was all invented by the likes of Berny Madoff and his ilk to steal from normal lay investors trying to retire on their 401K accounts. Bett...more

Byob120,   Americans would be spending more if they were not afraid. The article clearly states that 50 somethings spend the most, but the 50 somethings are afraid to spend, because the Wall street geniouses have and did scheme up illegal ways to skim and steal their retirement funds (read derivatives and credit defa...more

Yes, kickercarl, you hit the nail on the head. For the last 40 years American presidents, the congress (spelled Corporate Lackeys), and the global corporations, have allowed our industries that produced all of America's durable goods to be bought up, moved, and sold (with the help of greedy wall street hedge funds and ...more