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Angry Larry: Dirty Pool From the Unions

From Larry Kudlows Money Politics He finds evidence of Pension Fund strong Arm tacticts from the AFL-CIO.
Excerpt:

"the AFL-CIO and a number of other union pension funds have threatened to withdraw their pension assets from reputable money managers if those managers support President Bush’s personal savings accounts."

"Waddell and Reed and Edward D. Jones have been forced to pull out of a coalition supporting Bush’s private accounts. This is because of union pressure. Charles Schwab and Wachovia are also apparently targeted, according to yesterday’s Washington Post."

So, the Citizens of Chile can have private retirement accouts, government employees can have private accouts, but dont you dare consider it for yourself...

Posted @ March 09, 2005 08:26 AM | Current Affairs