Quote Originally Posted by Show-me View Post
Protected from what?
The Pension Benefit Guarantee Program. :toung: which the Bush administration "forced to move from mostly safe bonds into 45% equity holdings, a move that occured just before the stock market really headed down." Market Watch, "The True Cost of America's Bail-Outs" August 12, 2008.

Employer to Employee: "We'll just move your pensions into our stock to keep those short-timers from messing up our company. It keeps you in a job, right?"