The calculus is all broken. The Boomers voted themselves lavish benefits and decided (as always) to screw everyone else. Now we're finding out that "everyone else" can't hardly pay their own bills much less keep all the asinine promises. Something has to give, someone has to end up being the bagholder. Usually that's the younger generation. However, this time, the younger generation has already been fleeced down to the clothes on their back--there is nothing left to skim there. What is going on now is the search for bagholders. I suspect it will be the Chinese, but we'll see.