They're making a song and dance because that serves their immediate interests. But what will happen tomorrow? They will have to pay salaries and pensions.
Sentiment: NEGATIVE
Groups are corporations now. They have pension plans. Musicians have saw the daylight.
They still have some money, and they have needs to supply. They must begin immediately to pool their earnings and organize industries to participate in supplying social and economic demands.
The rich will do anything for the poor but get off their backs.
As far as artists and musicians, they don't retire. They might tour less.
I believe entertainers should know what's going on and do their own banking.
Over the next decade, cities and states across America will be compelled to tighten their belts as the really big bills - the pension bills they cannot afford - come due. They'll have to go after existing contracts with current workers.
What they will try to do is get symbolic victories. Symbolism is important to them. They have little else. But they will strike, I believe, at centers of media, of financial, of American power, of American culture; and that is where we should place our bet.
We can't be paying pensions to the next generation of federal workers when hardly anyone in the private sector gets them.
As the baby boomers like me are retiring and getting ready to retire, they will spend whatever it takes - and they're the wealthiest generation in our country - to make themselves live an enjoyable life in their retirement years.
Musicians don't retire; they stop when there's no more music in them.