Detailed text transcripts for TV channel - MSNBC - 20100304:12:41:00
People -- these parents that made all this money, worked hard their entire life. they passed away -- this guy is my age, but then the inheritance goes to these boomers and they spend all the money on a condominium in florida. >> yeah. >> the parents' life savings, and he said the mind-set is stunning. >> because their entire life, it had always gotten better, not worse. they never really had a serious interruption. the reagan years, a sharp recession. there was stagflation, but it always got better. bill clinton came in, and.c do dot-com. people got very wealthy and then -- we're all part of t...
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