Gov’t Pension Insurance Fund Kind Of Ruins Everything
Monday, March 30th, 2009
Quick, stop selling your pitchforks on eBay — it’s time to stab people again! “WASHINGTON - Just months before the start of last year’s stock market collapse, the federal agency that insures the retirement funds of 44 million Americans departed from its conservative investment strategy and decided to put much of its $64 billion insurance fund into stocks.” And then the stocks PLUNGED of course but who could have known! They were at all time highs! Buy high sell higher, RIGHT? MORE »










