There is a story that no one is talking about here.
The fact the Federal Government received fines of over 341 billion dollars for Wall Street's folly.
They call helping you a taxpayer bailout when they themselves got all this money in fines for the huge losses to your funds in 2008?
Who is really scapegoating who in this fight?
The fact that older Americans are being made scapegoats for others who have changed and altered ERISA Law to the extent it no longer can enforce nor protect as it was originally written to do.
Under ERISA Law, it states the Fiduciaries ARE TO PROTECT THE PARTICIPANTS as well as the fund!
I see a lot of fund protecting but for some utterly odd reason, this push to keep pensions, solvent is literally undermining participants.
There is a law on the books here folks.
Is Congress itself more interested in protecting the funds but choosing to ignore the whole reason why ERISA was formed in the first place? To protect you and your money?
What is really happening?
There are people and entities out there proclaiming they are acting in your best interest.
They are making money from your fund, taking trips and not being accountable, and not disclosing the ties they have, and what they make in these funds, and even tell Congress they are acting in YOUR best interest, when we believe otherwise.
You have choices.
It's your money. How much is Insolvency really going to cost you?
WHY IS THAT WHEN THIS IS YOUR MONEY, YOUR SWEAT EQUITY THAT WAS TO BE A PIECE OF THE AMERICAN DREAM, THAT CONGRESS THINKS LOSSES OF THAT SWEAT ARE SIMPLY ACCEPTABLE IN THIS COUNTRY NOW?
WHEN WALL STREET UTTERLY LIED ABOUT BAD MORTGAGES BEING GOOD ONES, AND SOLD THEM OFF THAT WAY IS LIKE PRINTING BAD MONEY AND PASSING IT OFF AS GOOD MONEY.
THIS HASN'T STOPPED SINCE 2008.
AND IT IS AT THE EXPENSE OF EVERYONE WHO WORKED HARD FOR A RETIREMENT.
WE WANT THIS FIXED AND WE BELIEVE THAT YOU DESERVE ALL THE MONEY YOU EARNED, AND WILL EARN AND TO THAT DESERVES RESTITUTION, NOT DESTITUTION.
GO THROUGH THESE PAGES AND LEARN. TAKE THE INFORMATION HERE AND GO TO CONGRESS AND TELL THEM THIS:
THOSE IN CONGRESS HAVE BEEN AND ARE LISTENING TO, THE WRONG PEOPLE FAR TOO LONG. TELL THEM THAT YOU BELIEVE THERE IS A CONFLICT OF ERISA LAW SINCE SOME OF THESE VERY EXPERTS BENEFIT FROM THESE FUNDS DIRECTLY, AND THEIR INTERESTS MAY ONLY BE FOR THEIR OWN POCKET BOOKS.
POINT TO THE FACT OF THE CONDITION OF THE FUNDS. POINT TO THE FACT THAT THERE ARE PEOPLE WHO INDEED MAKE MILLIONS FROM THIS FUND ALONE EACH YEAR.
CONGRESS NEEDS TO KNOW THE DIFFERENCE FROM THOSE WHO WANT TO PROTECT PARTICIPANTS AND THE FUNDS, VERSES, THOSE WHO ARE MORE INTERESTED IN PROTECTING THE OWN MONEY THEY MAKE FROM THESE FUNDS, BECAUSE MAKE NO MISTAKE, THEY HAVE ALREADY PROVEN WHAT YOUR VALUE IS TO THEM.
50 TO 70 % OF YOUR VALUE IN CUTS, THAT SOME ALREADY TRIED TO DO TO YOU IN THIS.
SOME PENSIONS HAVEN'T HAD IT HAPPEN YET, BUT IT WILL COME IF YOU DON'T STAND AS A STAKEHOLDER FOR YOURSELVES AND SPEAK UP.
THOSE PEOPLE ARE STILL ALIVE AND WELL IN THIS PENSION ISSUE.
DON'T ALLOW THEM TO SPEAK FOR YOU. SPEAK FOR YOURSELVE
TELL THEM THERE IS A LAW ON THE BOOKS THAT HAS BEEN IGNORED AND THEY ARE IGNORING TOO, Let them know the key players making the most money from these pensions are not the participants but the actuarial people, attorneys, asset companies, banks, and they are literally grouping together to promote cuts to all of you.
YOU ARE STAKEHOLDERS! PLEASE INVEST A LITTLE TIME HERE TO LEARN ABOUT THE STORY YOU ARE NOT BEING TOLD REGARDING YOUR OWN FUND. TELL THIS STORY, AND LET CONGRESS KNOW THEY CAN'T CONTINUE LEGISLATING LAWS, IF NO ONE IS GOING TO ENFORCE ANY, OR IT ATTACKS THOSE WHO ARE MOST VULNERABLE.
THIS IS NOT WHAT THIS COUNTRY WAS FOUNDED ON!
Economical reasons your fund is going insolvent of mismanagement and theft?