I don't disagree and wouldn't disagree that generally people ought not sit around and collect tax money from others who are working, if, IF this smarmy well-fed smug jerk in his "seaside villa in Dubrovnik, Croatia" werent...well...such a smarmy well-fed smug jerk.
If everyone works until age 80, where are the people 20-79 supposed to find jobs?
American International Group Inc. (AIG)Chief Executive Officer Robert Benmosche said Europe’s debt crisis shows governments worldwide must accept that people will have to work more years as life expectancies increase.
AIG's Benmosche Sees Retirement Age of Up to 80
AIG CEO Robert Benmosche
“Retirement ages will have to move to 70, 80 years old,”Benmosche, who turned 68 last week, said during a weekend interview at his seaside villa in Dubrovnik, Croatia. “That would make pensions, medical services more affordable. They will keep people working longer and will take that burden off of the youth.”
The crisis, now in its third year, threatens to destroy Europe’s 17-nation currency union as Greece contemplates exiting the euro and Spain sees its bond yields rise and banking industry falter. German Chancellor Angela Merkel hardened her opposition to joint debt sharing in the euro region as U.S. President Barack Obama singled out Europe’s leaders for not doing enough to arrest the crisis.
Greece abandoning the euro could be a disaster for the country and Europe must work to keep that from happening, said Benmosche, whose company was the world’s biggest insurer before it took a U.S. bailout.
“People in Greece have to see there is no easy way out of this” and the government must get them to work longer, he said in the June 2 interview on the Adriatic coast. “If not, and if they go to their own currency, I think they will see huge inflation and it will be devastating for people on fixed incomes.”
Life Expectancy
Greece, where the average life expectancy is 81.3 years, has an effective retirement age of 59, among the lowest in Europe, according to data compiled by Bloomberg. French President Francois Hollande, the Socialist who was sworn in last month, has pledged to cut the retirement age to 60 from 62 while increasing corporate and bank taxes and introducing a 75 percent levy on earnings of more than 1 million euros ($1.2 million).
Maybe Benmosche should try hanging drywall, tiling floors or turning wrenches for a living. There are many occupations where your body is worn out at 50 and pretty much toast at 60.
the EURO rumor poster reminds me of the Encyte commercial. Bob has a reason to smile (he has an extra inch of flaccid penis between his worthless legs).
but the Paulsen Merkel transformer really bites. not that they're really anything alike, he has a bazooka, and she is an agent of austerity, but if she were to say, or even suggest, that there would be tanks in the streets, a lot of media heads would explode.
entertaining as always WB7
more PRETTY girls pls.
not sure how you keep your creative juices boiling (i'll have some?!) but top form Banzai :)
That hot little geisha could pull my katana any time.
* (j)U2, Bono? Celeb partners with Monsanto, G8, to biowreck African farms with GMOs
http://www.activistpost.com/2012/05/u2-bono-celeb-partners-with-monsanto...
Israel’s Sephardic Interior Minister: “This country belongs to us, to the white man”…Um, Sephardi “White”? Really?
http://4.bp.blogspot.com/-8GfINHmgrH8/Trhn0M31tMI/AAAAAAAA0iY/f_G-yieaHi...
Israel’s German-built submarines secretly got nuclear weaponsAfrican migrants hurt in racist Jerusalem 'arson attack'
I’m a “lucky” Palestinian: instead of being jailed, I’m subjected to racial profiling
cover-up of Israel's attack on the USS LibertyCorzine's still walking The Street
Pretending to feel the heat
Though dressed for the part
No sentence will start
Our system of justice he beat
The Limerick King
AIG's Benmosche Sees Retirement Age of Up to 80
AIG CEO Robert Benmosche “Retirement ages will have to move to 70, 80 years old,”Benmosche, who turned 68 last week, said during a weekend interview at his seaside villa in Dubrovnik, Croatia. “That would make pensions, medical services more affordable. They will keep people working longer and will take that burden off of the youth.” The crisis, now in its third year, threatens to destroy Europe’s 17-nation currency union as Greece contemplates exiting the euro and Spain sees its bond yields rise and banking industry falter. German Chancellor Angela Merkel hardened her opposition to joint debt sharing in the euro region as U.S. President Barack Obama singled out Europe’s leaders for not doing enough to arrest the crisis. Greece abandoning the euro could be a disaster for the country and Europe must work to keep that from happening, said Benmosche, whose company was the world’s biggest insurer before it took a U.S. bailout. “People in Greece have to see there is no easy way out of this” and the government must get them to work longer, he said in the June 2 interview on the Adriatic coast. “If not, and if they go to their own currency, I think they will see huge inflation and it will be devastating for people on fixed incomes.” Life Expectancy Greece, where the average life expectancy is 81.3 years, has an effective retirement age of 59, among the lowest in Europe, according to data compiled by Bloomberg. French President Francois Hollande, the Socialist who was sworn in last month, has pledged to cut the retirement age to 60 from 62 while increasing corporate and bank taxes and introducing a 75 percent levy on earnings of more than 1 million euros ($1.2 million).
Maybe Benmosche should try hanging drywall, tiling floors or turning wrenches for a living. There are many occupations where your body is worn out at 50 and pretty much toast at 60.
excllent.
the EURO rumor poster reminds me of the Encyte commercial. Bob has a reason to smile (he has an extra inch of flaccid penis between his worthless legs).
but the Paulsen Merkel transformer really bites. not that they're really anything alike, he has a bazooka, and she is an agent of austerity, but if she were to say, or even suggest, that there would be tanks in the streets, a lot of media heads would explode.
Tanks for the memories...
Apparently she is not happy about the Noda administrations handling of the economyand she Yens for retribution?
The Lagarde|Paulson picture is absolutely incredible!
nah
Merkel|Legarde
doh! ... they all look the same! ... I'll try again
Merkel|Paulson
better lucky than smart. lmao.
Bad Comb-Over
Hey Bill, how about a series on usual suspects cast as characters in the latest secret agent thriller?: Bonds, Eurobonds!
The Sky is Falling...
http://www.youtube.com/watch?v=24mTIE4D9JM
LOL - Genius Pooch leading new initiative to save the EURo. But the Pooch does not look like Barroso, you'd have to take a bulldog or something...
This should be on the cover of Time!!!!!!!!!!!!!!!!!!!!
man (mouse) of the year
Those disks should be melting Euros!
Needs thought bubble coming from Ben B saying "Oh, sh!t!" IMHO
more like "full speed ahead!"
Insane as always Banzai! Any chance of more pics of those lovely ladies in your basement?
Looks like an ad for TEPCO about nuclear safety..........
Covering up nipples is censorship ... and that ain't right ...
c'mon Banzai -show the f**king nipples
Thanks!
Boy is she upset about the proposed Noda Administrations tax increases.