Suze Orman on Your Fears

On AC360, Suze Orman (Suze Orman on your fears) said that fear and panic was counter-productive when it came to the current market situation.  It’s not fear and panic that I feel.  Almost all of my working life,  I have been investing with the idea of retiring at 62 (2 years from now).  Then George Bush took office, the Republicans were in charge of Congress and I saw very slow growth in my investments and I said, “No problem, I can work until I am 65.  After all, I like my job and it keeps me on my toes.”  Now, I see myself working until I am 70+ and the idea makes me furious.  I feel violated by the financial corporation’s irresponsibility.  This is the same violation as I thing I would feel if someone broke into my house and stole 30% of everything I own.  It’s not that I won’t survive.  I’m not afraid of that.  After all, I have my health and as I said, I have a great job.  It’s just that the decisions about my future are no longer mine to make.  Like most victims, I feel this need to be vindicated and I don’t believe this will happen any time soon.  What about it?  Do you see any of these executives being prosecuted or held accountable in anyway? I know that some of them will lose their jobs, but thanks to their golden parachutes, I doubt if they will be put out on the streets.  More likely, they will take extended vacations on tropical islands and wait out the storm.