I Really Hope They're Not Seriously Considering This

[rowyn]

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: 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.

Comments

Okay, I feel better

[rowyn]

Ah! I did read the article closely, and it said the individual testifying advocated "confiscating workers' retirement accounts". I can't follow your link right now (doesn't work on my cellphone browser). But since that's not what she was saying, yeah, that's reporting which goes beyond "misleading" and into "outright fabrication". O_o

I knew the hearing wasn't devoted exclusively to her views anyway (hence my "hope this isn't serious") -- I'll edit my post to clear that up. Sorry!

Re: Okay, I feel better

[jordangreywolf.livejournal.com]

Hoo boy. I'm glad I saw your edit note there.