Federal Reserve Chairman Alan Greenspan warned Congress yesterday that the federal government has promised more retirement benefits than it can pay for and must consider scaling back those commitments soon to avoid damaging the economy in the future.

"I am just basically saying that we are overcommitted at this stage," Greenspan told members of the House Budget Committee as they discussed the future costs of the Social Security and Medicare systems.

Needless to say such a prognostication was not was people expected to hear.

"No Social Security, fuck him," said a soon-to-be retired worker at GM. "Mel Gibson's dad is right, we should hang his ass if I can't retire next year!"

Democrats also spoke against Greenspan's reccomendation with Sen. John Edwards calling it an outrage.

Ben Affleck also chimed in and continued bitching about the Yankees' payroll..