Wolf Blitzer Exclaims ‘Homeless Shelters, Get Ready!’ Following Report On Paltry Worker Savings

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by James Crugnale | 7:15 pm, December 7th, 2011

» 10 comments

Following a Jack Cafferty report that claimed more than half of US workers had less than $25,000 in their savings accounts, The Situation Room‘s Wolf Blitzer curiously exclaimed, “Homeless shelters, get ready!”

Cafferty had noted the survey by the Employee Benefit Research Institute found that “nearly 30% of workers are ‘not at all’ confident about having enough money for a comfortable retirement. That’s a record high. Researchers point out that many people don’t even know how much they need to save for retirement.”

“Sadly, there aren’t many options as you near retirement age and don’t have money sput away,” Cafferty continued. “You can either work longer – which millions of Americans are planning to do – you can save more quickly or get a higher return on your investments. Or cut your costs. And these are called ‘the golden years.’”

The pessimistic report triggered Blitzer to make his remark urging homeless shelters to get prepared.

Watch Blitzer’s response below via CNN:

CNN, Homeless, homeless shelters, Jack Cafferty, savings accounts, The Situation Room, Wolf Blitzer

Anonymous

Jeez “Blitz”, callous much?
Moderate

Liberals just can’t manage money.
Anonymous

Reason onemillionninehundredeightysix why noone watches CNN.
Anonymous

And this is who is held up in arguments against the Trump debate? They’re all clowns ones with better hair cuts than others
http://twitter.com/ThorkilVaerge Thorkil Værge

Why save when the Federal Reserve can take all your money away from you overnight by printing more money?
Anonymous

But I thought Oblamer was going to save us from ourselves and take care of us.
Anonymous

This has been building for a longtime and you blame the guy given the shit sandwich for having bad breath. Screw you Colorado_Conservative and the Bush you rode in on.
Anonymous

Who created the shit sandwich and under whose watch did was it built and why did Oblamer do everything he could, including lying and making false promises to get at it?

Oblamer isn’t competent enough to run a lemonade stand!!
http://pulse.yahoo.com/_U7T5LVIQK7AMIBM5WI765VDVDQ smald4lib

And the streets will be filled with more protesters in the spring. Better reset those mortgages and bring those jobs home. But the Congress will dilly dally and the people will fume as more people wake up to what caused this downfall, Wall Street greed………..and a bought and paid for Congress that can’t seem to do anything for the people.
Anonymous

Conservative economic policy lead to the mess the US is in now.
Cutting taxes on the wealthy, less regulation and over sight of the banks, free trade agreements, wars of aggression and thinking that the invisible cloud god will come down and save the faithful.