Wednesday, May 10, 2017

More Swamp price fixing

Sens. Bernie Sanders, I-Vt., Tammy Baldwin, D-Wis., and Al Franken, D-Minn., introduced the Keep Our Pension Promises Act, which would roll back a provision in the 2014 omnibus spending bill that allowed multi-employer pension plan administrators to trim the benefits promised to retirees if the cuts were necessary to prevent the entire program from going bankrupt, an action that previously had been illegal under the Employee Retirement Income Security Act. The senators' bill would make it illegal once more.
Free entry  and exit.  is a must.

The government cannot absolutely guarantee anything. With significant probability  it will be spending all of its do-re--me on keeping price fixes at some moments..

No comments: