millions of boomers are rewriting the idea of a second act. why are so many of them heading to one town in texas? >>> good evening. thank you for beginning the week with us. as more than 200 million americans in 36 states are watching asphalt blister and the water in the ground disappear, evaporating in the heat. and this is how it looks. how it broils. where the air feels like 120 degrees. even hotter than the thermometers. the heat is spreading from the rockies to the east coast with more to come. and abc's yungi de nies is at lake arlington, texas, tonight, where that lake is disappearing by the day. yungi. >> reporter: absolutely, diane. this dry lake bed is all that's left of lakekerlington after so many days of record breaking heat. normally, the water would be up above my head, up to the topf this pole, but it's lost so much, and now it's losing two inches every day. the images are astounding. where water should be, now only cracking mud and dry dust. and the exact same thing is happening all over the state. this is lake travis in centr

the boomers fulfilling their childhood dreams, and it's far from being too late. you can, too. >>> and later, do you recognize that face there? vanna white, and what we learned today, something we never knew, about the giant wheel. so i took my heartburn pill and some antacids. we're having mexican tonight, so another pill then? unless we eat later, then pill later? if i get a snack now, pill now? skip the snack, pill later... late dinner, pill now? aghh i've got heartburn in my head. [ male announcer ] stop the madness of treating frequent heartburn. it's simple with prilosec otc. one pill a day. twenty-four hours. zero heartburn. no heartburn in the first place. great. if you have painful, swollen joints, i've been in your shoes. one day i'm on p of the world... the next i'm saying... i have this thing called psoriatic arthritis. i had some intense pain. it progressively got worse. my rheumatologist told me about enbrel. i'm surprised how quickly my symptoms have been managed. [ male announcer ] because enbrel suppresses your immune system, it may lower your abi

i am actually a baby boomer, at the edge of the baby boomer, and i know that baby boomer era.eniors in our city that will grow. i think by 2020, 60% of the population will be seniors, and i think some people are now defining 60 and over, but i think generally, people looking at 65 and over. that is a huge population. i'm trying to look at issues of senior nutrition programs, alzheimer's research, but even housing policies that allow our buildings to become more senior- friendly. i guess we are calling it developing an aging-friendly city. we are also looking at how to support senior services and unique

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. >>> boomer couples. inventing a new kind of marriage, apart, but together? >>> and 103 miles in shark-infested waters. someone we all know issuing a challenge for everyone at the age of 61. [ male announcer ] imagine facing the day with less chronic low back pain. imagine living your life with less chronic osteoarthritis pain. imagine you, with less pain. cymbalta can help. cymbalta is a non-narcotic treatment that's fda-approved to manage chronic musculoskeletal pain. one pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. cymbalta is not approved for children under 18. people taking maois or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsaid pain relievers, aspirin, or blood thinners may increase bleeding risk. severe liver problems, some fatal, were reported. signs include abdominal pain and yellowing of the skin or eyes. talk wit

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. >> item 10, room -- appointing roberta boomer -- no members of the public have indicated addressing you on this matter. >> is there a motion on this one? a second? all in favor? congratulations, mrs boomer. >> i have no speeches. >> since nobody has indicated an interest in addressing you with matters in closed session, it would be appropriate to vote on this -- on having a closed session. need for discussion? all in favor? before we do that, we are going in here to discuss the mta director position. i want the public to know the efforts we have made to solicit input from the community, we received, we sent out a survey it and had over 600 respondents from all over the city. we talk to the citizens' advisory committee and ask them for their input. they had a vigorous response and we appreciate that. also, the many groups we work with, the bike coalition, walked san francisco, senior advocates and the advocates for the disabled, members of the board of supervisors, the transportation authority, we have sought as widely as we could the inputs and i had a meeting with the senior staff

i am actually a baby boomer, at the edge of the baby boomer, and i know that baby boomer era. there's this huge boom in a population of seniors in our city that will grow. i think by 2020, 60% of the population will be seniors, and i think some people are now defining 60 and over, but i think generally, people looking at 65 and over. that is a huge population. i'm trying to look at issues of senior nutrition programs, alzheimer's research, but even housing policies that allow our buildings to become more senior- friendly. i guess we are calling it developing an aging-friendly city. we are also looking at how to support senior services and unique neighborhood by neighborhood programs called aging in place or village models that allow people who are older or seniors getting older to be able to support each other and to stay in their homes and communities longer so they can be contributed to the community as long as possible as opposed to institutionalizing them, which costs quite a bit more. so i'm looking with senior group's ideas of how to create more aging in place programs n

the latest institution getting a boomer makeover is marriage. as abc's claire shipman reports more boomer retirees choose to be together but apart. >> reporter: side by side through life, hand in hand growing older. that was supposed to be the best thing about retirement. right? think again. meet the chatfields. jane chatfield thrives on the rich bustle of city life. >> i love i suppose first of all being around young people. all those young ponytails bobbing up and down as they stay in shape. the rowers on the river. that's gorgeous. >> reporter: shehend her husband john spent most of their marriage a team. upon retirement, they looked toward maine, his favorite haunt. >> we had the first conversations about retirement to maine sometime before we were married. >> reporter: a funny thing happened on the way to a full-time existence there. he loved it, she didn't, especially the winters. jane decided to make cambridge, massachusetts, her winter home. >> there are times when i miss her very, very much. >> do you think your relationship has grown s

some boomers are making it work. york. >> i think we like the idedeof no income tax. that sounds appealing. >>>>men to that. we have the seven new hot retirement spots where people are retiring to. seven santa fe, six minneapolis, five milwaukee, and then boston came in at fourth. >> both you and i are thinking, boston? >> cold weather. >> tough winters there. let's read three through one. portland, oregon, is number three. >> that's your hometown. >> seattle. >> i'm sorry. >> pacific northwest, very close. atlanta, georgia, number two. good weather there. austin, texas, as we were talking about, no income tax in austin. that would make it pretty appealing. >> you like texas. you'd fit in there. >> i like texas, that's right, oh, yeah. >> on a side note, yeah. >>> coming up, everyone, the music video hunk who may be capturing j. lo's attention. he's capturiri everybody's attention. let's be honest. if he's not capturing your attention you probably can't see him. >> cool off, peggy. >> now they're breaking up. we've g

we now have the retirement of the baby boomers. the other provision that jerry rigs the process is section 5. it says a bill to increase revenues shall not become law unless two-thirds of the whole number of each house shall provide by roll call vote. you cannot eliminate a tax subsidy to the oil and gas industry for the purpose of reducing that deficit under that provision of the constitution. you can call that what you want, but you are writing into the -- oh, really? what do you call that? >> i call that a standard constitutional decision to make sure that what happens is that we're going to agree to raise taxes on people, hurts jobs and kills the economy, that we should make it tough to do. >> what i said it said it is in favor of the approach taken by the republican budget. the approach is to cut medicare which we could do by a majority vote and protect these corporate tax loopholes. this now says you have to have two thirds to get rid of one of them. [inaudible] >> we were talking about these corporate tax loopholes, mr. chai

thunder boomer. we'll look for that. we're looking for a mattress. we all try to catch extra zzzs, keep it out of the road. 14 minutes out of the altamont pass. that's fine. 680, construction, right around alcost alcosta. here marina boulevard the on ramp either direction for northbound or southbound 680 is affected by construction. it is open, though, as well as the benicia and carquinez bridges. these zones should pick up around 6:00. the maze, the approaches looking good now. speeds close to the limit. typical construction getting out of the city. that construction zone heading toward treasure island. but this just in. a disabled truck at the toll plaza and now the details are it's in your number 2 fast track lane. there's going to be activity as you approach the toll plaza, a lot of space so you should be able to get by. >> mike, thanks for the update. room service, housekeeping, movies on demand. imagine living in a hotel instead of the dorms while you goto college. that could happen for a group of san jose state freshmen. san jose state has a h

. >>> a new poll find a lot of baby boomers are concerned about the financial pressures that come with age. according to the association press life goes on poll, baby boomers said they were worried or extremely worried about paying their medical bills. 80% of the baby boomers said they did not have long term health insurance and 40% were afraid of losing their benefits. >>> johnson & johnson is reducing the maximum daily doze you can take of tylenol. excessive use can cause liver damage and fatal overdoses. >>> a significant spike in the number of strokes in new mothers. hospitalizations for pregnancy related strokes rose to the 2007 period. those figures are cause for alarm and say that more screening is needed. high pressure can double a woman's risk of stroke during or shortly after pregnancy. >>> bay area astronomers discover a new comet that might hit earth possibly soon. >>> i am going to tell you how warm it could get in your neighborhood. >>> isn't it true at six a group of hooded men storm into a bank. >>> santa and his toys evicted from their workshop. but a last minute donat

it's funny because we referred to this and other people did too as "sex in the city" for boomers and that was not just so much a comparison. it's now turned out to be a prediction because tell them who is exec producing? >> i'm so excited and you have been so supportive. darren starr, who wrote "sex in the city" and the movie and a million other things is writing this series for this. i am so stoked on this. >> you should be. >> i feel so good. >> guy knows what he is doing. how did you get him? >> i didn't get to him. this is what happened. i believe in miracles and at any age. i wrote this little book as you know. nobody wanted the book because they said nobody is going to read about a 70-year-old annie applebaum. i self-published the book even though i have others in mainstream and so forth. the book went out there and next thing i know i get a phone call from two producers that say we love this book and want to option it. they optioned it. then i have a daughter who is in the business. and she said, i'm going to bring it to aaron caplan who is this big huge manager there. he love

boomer, next item, please? >> moving on to public comment. this is an opportunity for members of the public to address the board on matters that are within the jurisdiction of the sfmta board of directors but not mr. chairman, there are several members of the public who have turned in speaker cards and i understand you have set a time limit of one minute. >> also, let me say in the beginning that two items -- two items that are on the calendar, one item is on the calendar this afternoon. for those who have come to talk about the personnel issues involved in the transition, that item will be heard after the closed session this afternoon. and secondly, there are no sanction items on our agenda, that's why we're limiting it to one minute. we have heard repeatedly from folks, so we're anxious to hear from you. let's go. >> christopher fulkerson. >> thank you, directors. should be appropriate to say i'm in solidarity with today's taxi demonstration as a matter of legitimate concern for laborers who are true to their work and unreasonable and ignor

for the first bombers-boomer broadway softball classic.tted yankee alumni and long-time fans like myself against the team of the wfan, headed by former nfl great boomer esiason. with the help of teammates like edie falco and bernie williams, we staged an impressive comeback from behind to win, 14-13. more than $30,000 was raised for cystic fibrosis foundation. so it was a win-win all around. i have to thank the yankees for including me in that special game played from yankee stadium. thank you so much for joining us. we'll have a special show, crunching the numbers of the favorite summer tradition, the summer barbecue. each week keep it right here, where wall street meets main street. have a great weekend, everybody. happy fourth of july. i'll see you next weekend.

that will include many of us, including baby boomers like ourselves to remain in full health until the biotechnology revolution. >> you really have to reverse the damage of aging to bring you back to where you can experience the second break through but let me interrupt you just for a moment because some of your -- some of your thinking is very high-concept thinking and i want to give you my rendition of what i think is in this book, ok? >> sure. >> the key concept, the core concept is the rate of progress. kurzweil and grossman see the rate of human progress in this century moving 10 times faster than ever before. at that rate he thinks we will solve genetic riddles and biomedical processes to achieve huge advances in bioengineering to prolong life. moreover, they see a convergence with progress in auto artificial intelligence at the level. nanotechnology that will give biology the means to damage defective organs even our brain and infuse our organs with intelligent nanobots, nanobots the products of nanotechnology that are actually increased into the body. >> that's the third bridge

i am the first year of the baby boomers. i read an article that said if i live out a normal life span, i will get about $0 in medicare and social security for every dollar i put in. my parents, who are a little younger than your parents, and are still alive, have gotten many, many times more out of so security than they put in. it is a ponzi scheme. if a private entity did with the federal government is doing with social security, they would go to jail. it is what brain madoff went to jail for. they're taking money from current contributors to pay for those are currentlyetired. that wil not last much longer because with the baby boomers, tenerife first 1946 -- january 1 1946 and general first 2011, the first baby boomer turns 65. every eight seconds for the next 18 years, a baby boomer will turn 65. that is a huge, huge, 78 million generation burden on social security. there is no way or no argument that we are going to be a to bring our fiscal house in order without adjustments to social security. we c no longer afford a on

two hugely divergent visions for what america is going to be and in the hands of boomers you know we talk about the generational triggers of this era there's no older generation now in power all of the older leaders the people who were children during the great depression or world war two and they're veterans of that war they're all gone now so all of the compromises that people willing to defer to discuss to split the difference they're all gone all you have left are these cultural lawyers you know these people who've been values first joined by increasing weight gen xers born in the sixty's and let me tell you something the house is by far the youngest of the two bodies yes and they are the tea partiers and all the freshmen who came in in two thousand and ten are you know. over half of them were born after nine hundred sixty seventy percent of them are republican in other words this course cohort is overwhelmingly republican they were born in the early one nine hundred sixty s. they came in a very good during the iran hostage crisis in reagan and even in the electorate as a whole y

really bought into these institutions so you've got these these diehard values crusaders among the boomers and then you've got these acts are pragmatists who will swing in any direction quickly and we have the generational lineup we've seen historically well you know what i want to get to that we only have just a minute left so so very quickly the fourth turning is this every eighty years kind of cycle you know eighty years ago the great depression eighty years before the great depression a lot of the civil war years before that the great depression of the seventy's sixty's that would do to the american revolution are we on. the verge of another fourth turning of another major crash that could lead to a world war worldwide depression well i you know i hope it won't be bad i hope it will be destructive will be will be. will be avoided to the extent possible in the construct of which always comes out of a fourth turning of the normally constructive era will be maximized but clearly go i know because there are all their leadership are those born after the last crisis right just i don't know i

one third of baby boomers are considered obese. they don't get enough exercise to help them shed the extra pounds. >>> how the largest court system will manage to keep its doors open. >>> outside we are tracking the come back of mid-summer weather. what you can expect tomorrow and a sneak peek at the weekend coming up. . >> as we told you here, san francisco announced plans for major layoffs and courtroom closures today. but the largest court system says it's not going that far but there are issues. ktvu's maureen naylor reports on what is happening. >> reporter: this resident waited a half hour in line to file a order today. >> there is less clerks. you have to wait in line longer. a lot of times they are just pushing things threw. >> reporter: inside the courthouse stacks of files wait to be processed. the court says what used to take days now takes weeks. after a hundred jobs were eliminated in the last three years. radelay in processing a judgment means waiting months to recover. >> the quicker you are able to stand in line the

what is next for boomers?t's vital to bring the same energy invested in the first career to career number two. >> this rug is called chains of hope. and it's one of the tribal pieces. >> connie's career change took her 7,000 miles away from wall street to central afghanistan to start a womans' rug weaving cooperative. >> i was ready to give back and ready to find a new activity. >> relying on a skill set she used to break through the glass ceiling at goldman sacks she's helping the women break out of the cycle of poverty. >> my passion is empowering women economically. it's the old rule, follow the money. >> not easy here. in shadows of the mountain where taliban move up ancient buddhas. i rarely saw a woman on the streets. >> intent to prove a new economic model. we can run and fund many social benefits. through this cycle of rug sales. >> sales is what she does best she spends time back in chicago. creating new retail outlets with designers ordering custom rugs. >> have you to one, make sure you realize how

i am the first year of the baby boomers.an article that said if i live out a normal life span, i will get about $300 in medicare and social security for every dollar i put in. my parents, who are a little younger than your parents, and are still alive, have gotten many, many times more out of so security than they put in. it is a ponzi scheme. if a private entity did with the federal government is doing with social security, they would go to jail. it is what brain madoff went to jail for. they're taking money from current contributors to pay for those are currently retired. that will not last much longer because with the baby boomers, tenerife first 1946 -- january 1 1946 and general first 2011, the first baby boomer turns 65. every eight seconds for the next 18 years, a baby boomer will turn 65. that is a huge, huge, 78 million generation burden on social security. there is no way or no argument that we are going to be a to bring our fiscal house in order without adjustments to social security. we can no longer afford a one

when baby boomers, generation x, millennials and generation z all come together in the workplace.alorie burton is the author of "where do you go from here?" it's bound to happen. your boss is going to be younger than you or perhaps there's some real cultural differences that come with the generational differences. >> sometimes it's just less experience. people get frustrated when people get promoted over them. >> what do you need to do besides acknowledge, okay, this is what we've got in front of us. now what? >> for so many people it's a few things. you really need to make sure you do what you can do. there's times when there's ageism. if that's the case, you want to take the right precautions, go to the right people. other times it's about your own attitude. i think it's really, really important for people, number one, to be sure that they are not focused on what the other person is doing, not focused on the age, but instead focused on the position. i think even if we look at our culture, a lot of times we tear down our leader. so just focus on the position, not the age. make su

like boomer, our boxer. our leftovers... from last night. and then there's phil. oh phil. but for every odor, our new air wick odor detect uses the latest smart odor sensor technology. the first air freshener that detects thousands of odors then automatically releases a burst of freshness... that can keep up with this family, and yours. police maintain the suspect fired at them and the officer returned fire in self-defense. in other news, a close friend of oscar grant was found dead inside his car from several gunshot wounds. police say someone fired at john caldwell's car last night and took off. he was on the train platform on new year's day 2009 when oscar grant was shot and killed by bart police officer johannes mehserle. his family and friends gathered tonight at the gas station where he was found to say goodbye. >> we love him and what happened to him should not have happened. but i can finally say he is at rest now. he a at rest and he will be buried right next to oscar. he has a plot right next to oscar his very best friend. >> police still don't know the mow of it

you and i are younger than the baby boomer generation, for sure. but this is something we all can be proud of. i certainly hope that young children are watching or were able to watch this as i was able to watch as a child growing up in text and have such pride to know that i was a part of -- this was a part of my american history. but i have with me now nbc's veteran space correspondent jay beraneky, i think we need to think of a different title for jay as he has covered every manned space launch since the beginning. i think jay's ride has come in. there's a huge helicopter landing a stone's throw away from me. it's his ride home after a beautiful launch by "atlantis" and this entire team who have an uncertain future at this point. let's talk about the launch which was right beyond my shoulder. what'd you think? >> i really didn't think it was the last one. i was concentrating on the launch itself. i just want to say, we're going to send tamron back a half inch shorter she was spound poupded by that so much. she was a great, great support in there.

by comparison, the baby boomers only grew about 37%. the data also shows that not surprisingly, the elderly prefer wealthy suburbs with thriving retirement communities. the silicon valley council on aging says santa clara county's population of people 75 or older is expected to triple by 2030. >>> next at 11:00, cleanup crews in montana are dealing with a massive oil spill in an iconic river. while the southwest, well over 1,000 firefighters are trying to coral the biggest fire in one state's history. >>> i was so happy. i didn't believe it when people started coming in. >> the story of how one san jose church is finding a new sound after thieves stole their collection of musical instruments. [ crowd cheering ] and 500 miles from home... [ cheering, cellphone beeps ] ...we finally had a new home. [ male announcer ] from pre-approval to closing, citi is with you every step of the way. what's your story? citi can help you write it. ♪ i want to sell more tea cups. ♪ i need help selling bread. ♪ i want to sell more crabs. [ male announcer ]

like boomer, our boxer. our leftovers... from last night. and then there's phil. oh phil. but for every odor, our new air wick odor detect uses the latest smart odor sensor technology. the first air freshener that detects thousands of odors then automatically releases a burst of freshness... that can keep up with this family, and yours. and now french's comes with 40% more happy in every bottle. french's. happy starts here. 4:43, on a friday, going to be a hot friday. taking a look at emeryville, gorgeous mornings and gorgeous day and fantastic weekend if you like it hot. >> more news now. u.s. justice department is tough up it's position on medical marijuana. for the past two years, they have given breathing room with medical marijuana laws but they warned oakland that large scale farms would be met with vigorous enforcement. arizona is going to court to seek clarification. is there is an effort underway to decriminalize federal marijuana laws in congress. >> dominique strauss-kahn could case could disintegrate. they don't believe the hotel maid. here are the details. >>>

boomer can direct you to the correct time and date and what's being discussed at those meetings. so welcome. we look forward to meeting you. >> thank you. >> i also want to express my thanks to executive director ford. it has been, as i was reminded before this meeting, 5 1/2 years. we have worked very productively with the executive director. we have made many demands on his time and staff time and he has been most aecom dating in those. -- most accommodating in those. we have been glad to be included in many of the major undertakings this organization has gone through in the last 5 1/2 years, particularly the transit effectiveness project and as you may know, once a month, i and the vice chair of the c.a.c. and dan weaver sit down with mr. ford and give him a hard time about the signs on the subway platforms to the daily service report to, well, everything you can imagine. and that has always been a relationship i believe of mutual respect between the c.a.c. and mr. ford, and we wish him the very best in his future efforts. we feel the c.a.c. is more integrated into if agency n

we have baby boomers coming into it. we have this inflation going on. we don't have anything that says how will you use health care in this country? the president's plan is to ration that and price control it for, we'll control the price but will have poorer health care system. we need an incremental process. and important thing is that we need to be honest with the american people. we will not get out of the problem without severe pain if we don't get rid of $8 trillion over the next 10 years. >> you've commissioned a reporting. it's sitting on my desk about 1300 pages which is a blueprint of waste, overpayment. a real quick way for us to trim some off. what has become of the report? >> it's amazing. we have had one piece of lenl slaigs on the floor we've tried to cut $5 billion. we passed it but it didn't go on to the bill that. is just $5 billion. there are $100 billion to save here. >> greta: i would think those would be popular. government waste would be popular? government overpayment would be popular no matter what party you're in. >> they have a

baby boomers also have high rates of substance abuse. >> gretchen, what can be done to prevent these issues with middle-aged women? >> i don't know. i wish i was a doctor. but i don't know what can be done to prevent it. but i think there is something that shows what is going on with our society. those hospitals for depression has increased by 40% in 10 years. americans are more depressed than ever. for the first time in generations, americans do not believe their children will be better off than they are. i think this is just speaks to where this nation is right now. we have gone through a economic crisis. we have been at war and we are tired and we are weary and we are down. >> i'm not going to have a little more optimistic notion. i agree but i wonder if women will be less likely to fall into this middle-aged depression. if your life has been tied to your children and to your household and then there comes the empty nest along with menopause. the notion of worthiness comes into play. it seems to me now with the average woman working full-time, these women having had two lives, got

we have baby boomers coming into it. we have this inflation going on. we don't have anything that says how will you use health care in this country? the president's plan is to ration that and price control it for, we'll control the price but will have poorer health care system. we need an incremental process. and important thing is that we need to be honest with the american people. we will not get out of the problem without severe pain if we don't get rid of $8 trillion over the next 10 years. >> you've commissioned a reporting. it's sitting on my desk about 1300 pages which is a blueprint of waste, overpayment. a real quick way for us to trim some off. what has become of the report? >> it's amazing. we have had one piece of lenl slaigs on the floor we've tried to cut $5 billion. we passed it but it didn't go on to the bill that. is just $5 billion. there are $100 billion to save here. >> greta: i would think those would be popular. government waste would be popular? government overpayment would be popular no matter what party you're in. >> they have a

so for example, there's 78 billion baby boomers. they're getting older.t's a certainty. >> i can therefore extrapolate that jar ren tomorrow guests will be in demand. >> better yet, let's create jobs and use certainty. for example, why don't you and i start a company based on that demographic. a lot of people like to go boating. why don't you and i start the easy launch trailer business. i'm serious. versus for seniors. will the power of demographics increase our sales every year? yeah. let's start another one. let's create jobs in this country and use certainty. how about an elevator company. only retrofits on the outside of a home, only goes up one flight. will we have certainty because of demographics? >> because we know the one thing. >> we know the one thing. let me give you another certainty using technology. you mentioned steve jobs in the last segment. in january of this year he stepped down for his second medical leave. i'm uncertain why, so that caused a lot of uncertainty about apple. i have to ask what am i certain about. will the next iphone

. >> we thought we were going to have products that were primarily for seniors or baby boomers. as people were in the store, they enjoyed it for themselves and they might be 30-year-old individuals or teenagers or they were younger kids and kids love it. >> that forced the company to verse fi their offers. >> we have learned how to grow from watching the customer in the store. sometimes in a business you aren't able to do that as much unless you have retail stores. >> the most expensive and riskiest projukt involved real estate. the goal was to see what could make the most money. >> the idea was because we want to have a good plan for growth. you can say the first store was a downtown location. let's get in all downtown's across the country and expand that way. it's not a big thought. what we wanted to do was test a suburban mall, suburban main street. that's what we did in the first year. it's expensive to do that. >> while the idea isn't necessarily cost effective, she says the long-term goal is to save cash and better position marbles for expansion. >> we made the decision to

program costs were about 11.5% of worker wages in 2008 before the baby boomers begin to retire. under the current formula, that would rise to over 17% by 2030. we would be trying to pay benefits that are rising dramatically in per-capita terms relative to inflation. today typical retiree gets the benefit of about $18,000 a year at the normal retirement age. if we just the rate of growth now, benefits and still rise in real terms and do not have to be cut from today's level. believe the current formula in place, we are on the risk of future benefit declined as voters rebel against the hon tax rate required to sustain current tax rates. our population is aging rapidly and we have enacted various increases over the years and established early retirement. people are retiring earlier and getting a higher benefits and living longer. something there has to give. we have to raise both the early and normal retirement ages three years just to get back to the starting point. the fourth rule of thumb, the asean any changes you want to make as rapidly as you can to be effective before 2035.

i can see that happening all over the place not only in boomers we might just be the first one to take steps to avoid further problems for our country the e.u. so it's an ideology if you like is disintegrating. we want to know what do you think about how closing the borders will affect europe's unity and here's how peons are dividing our t. dot com at the moment. although squire this weatherman responses over a third say it's the only way to tackle the immigration crisis and how the e.u. has done for but acquire the union is proving unworkable slightly fewer believe there is still a chance for the law if europeans find a way to come together in troubled times while eighteen percent tells us it's just a temporary setback on the rocky road of integration add your voice now at r.t. dot com. a major islamist terror going to zation in southern russia is being strongly linked to similar groups in other parts of the world if he turns on a new only released list by russia those thought to be heavily involved or in finding terror to please our north caucasus correspondent you know tell us more

they get their hands on medicare which is even more money than social security and growing faster is boomers age and they could make hundreds of billions of dollars paul ryan privatization. so the politicians and the think tanks they help fund are his sterile here's an example from the washington post set up budget committee chairman republican pete domenici warned the nation's governors the other day medicare could be bankrupt in two and a half years somebody has found to put the brakes on its burgeoning costs oops that was from the washington post on march sixth one nine hundred eighty three how about this one from the new york times the fund that pays all government reimbursement for hospital care of medicare patients is projected to be common saw that in the next decade or so. that was from the new york times on january twenty second one thousand nine hundred eighty nine in fact there's a long history of predicting medicare is going to go go broke any minute and along with social security you'll see republicans getting hysterical about it everyplace from congress to morning joe medicare

integrates in i can see that happening all over the place not only in boomers who might just be the first one to take steps to avoid further problems for our country the e.u. has an idea it's an ideology if you like is disintegrating. oh you want to know what do you think about how closing the borders will affect europe's unity here's how opinions are dividing our tea at the moment there is quite a split among responses over a third say it's the only way to tackle the immigration crisis and bad news down for about a quarter of regret that the union is proving unworkable slightly fewer believe there is still a chance for the bloc if you will can find a way to come together in troubled times while eighteen percent tells us it's just a temporary setback on the rocky road of integration add your voice now for our team dot com. former i.m.f. chief dominique strauss kahn's hopes of a political comeback are all by dash now that a french rider has officially filed a complaint for a two thousand and three rape the tampa. lawyer is now pledged his suit based on been on for slander meanwhile the cur

we now live the retirement of the baby boomers. the other provision that jerry rigs the process is section 5. it says a bill to increase revenues and not become law unless two-thirds of all number of each house shall provide by roll call vote. you cannot eliminate a tax subsidy to the oil and gas industry for the purpose of reducing that deficit under that provision of the constitution. you can call of what you want, but you are writing into debt -- oh, really? what you call that? >> i call that a standard constitutional decision to make sure that what happens is that we're going to agree to raise taxes on people hurts jobs and kills the economy, that we should make it tough to do. >> what i said it said it is favor of the approach taken by the republican budget. the approach is to cut medicare which could to buy a majority vote and protect these corporate tax loopholes. this now says you have as two thirds to get rid of one of them. [inaudible] >> we were talking about these corporate tax loopholes, mr. chair. again, you're talkin

and from the audience that could not keep still many grey haired baby boomers who were teenagers in the 60's. -- in the 1960's. of course, there was a lot more to the folklife festival. big exposition -- big exhibits. the peace corps had an exhibit. but for us today, it was mainly about the beach about singing and dancing and words like "shake your money maker." the crowds could not get enough of it. >> some 380,000 people have attended the folklife festival. that attendance was up over last year, although they could not tell me exactly how much. the festival will break tonight and then resumed next thursday the seventh and continue again for four more days through monday, the 11th. >> residents are also showing their patriotic spirit in arlington. >>> that is right, hundreds have gathered to watch the hometown parade. this is the 23rd year for the parade. but residents lined the street early for the area's annual parade. there'll also be able football tournament. the -- wiffle ball tournament. >> that is a very cool idea. some folks are swapping a trip to the national mall for a trip t

the of starting in two thousand and eleven we have the baby boomer generation starting to retire if we want to base our decisions on reality we have to understand that these spirity measures in some form or another are come i don't think anybody argues and we can look around the world and understand what i'm getting at is i think the. lion's share of this burden is trying to be forced on to the three hundred million people who are primarily not responsible for imploding this economy the social security everything is going to have to be looked at government spending what i will say this you know two point two point four trillion dollars is what that agreement right now even in the midst of this so-called you know recovery we're in so we get a lot of money i think we need start looking at things that are draining our country like trying to start an empire america trying to impose on these military engagements all of the as a whole other topic of renate how do you want to discuss it is such a big part of this that was running a graph ound are a vital break news dot com now today thomas dr

dollar debt if they were rated like bonds their value would be junk listening to two keynesian baby boomers is enough to make jefferson roll over in its grave and on facebook not sure if this is an original but pretty ingenious john diamond posted this photo. do we have the photo are there were an arab man in anguish holding a son in caps and it hi i'm collecting money to murder these two people i was hoping you could contribute to the cause simply pay your taxes on time and we can put an end to their lives i know we have a fourteen trillion dollar debt but we can spare a few thousand dollars to eradicate them halal freedom oh so that's what my tax dollars have been going to and remember i told you that comments from great screenings were more likely to get selected well how could i pass on reading comments of some. and saw a photo of some over dressed parts police cars from york mule rape goat here's the photo i scout of officers are about your penises anyways he writes when was the last time these guys actually stopped a terrorist attack from happening then they were don't just ask them.