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The House Committee on Education and Labor hears testimony on nationalizing* pensions and 401(k) accounts.
Dear Congress:
I do not want a bailout. I do not want to be punished for having chosen to save for my retirement by having my savings taken away from me. I do not want my retirement savings to go bankrupt by the time I'm 65 the way the existing Social Security Administration is going to. In short:
DO NOT WANT.
Please keep your grubby hands off of my investments. K thx.
Love and kisses,
Rowyn
* Edit:![[livejournal.com profile]](https://www.dreamwidth.org/img/external/lj-userinfo.gif)
shaterri looked at the actual testimony (which I can't do at the moment, so see his comment below), and apparently the article linked above is at the least inflammatory if not outright fabrication: the testifying speaker doesn't advocate "confiscating" existing 401(k)s or pensions. I feel better. Thanks, Shaterri! And I'm sure Congress wouldn't take her seriously even if she had. Really. 99.9% sure, anyway.
Dear Congress:
I do not want a bailout. I do not want to be punished for having chosen to save for my retirement by having my savings taken away from me. I do not want my retirement savings to go bankrupt by the time I'm 65 the way the existing Social Security Administration is going to. In short:
DO NOT WANT.
Please keep your grubby hands off of my investments. K thx.
Love and kisses,
Rowyn
* Edit:
shaterri looked at the actual testimony (which I can't do at the moment, so see his comment below), and apparently the article linked above is at the least inflammatory if not outright fabrication: the testifying speaker doesn't advocate "confiscating" existing 401(k)s or pensions. I feel better. Thanks, Shaterri! And I'm sure Congress wouldn't take her seriously even if she had. Really. 99.9% sure, anyway. 
