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re: Retirement "Inequality"

Posted on 4/7/23 at 10:23 am to
Posted by Adam Banks
District 5
Member since Sep 2009
32203 posts
Posted on 4/7/23 at 10:23 am to
quote:

What do you think they meant by "inspire legislation"?


seems like a useless platitude. given that they haven’t taken money from white investors to give to their black investors I don’t think they plan to lobby for legislation to take from white peoples 401ks but am willing to see a link where TIAA has discussed otherwise


ETA I’m guessing their idea of legislation involves taking money from social security and privatizing it to invest at TIAA
This post was edited on 4/7/23 at 10:26 am
Posted by Flats
Member since Jul 2019
22141 posts
Posted on 4/7/23 at 10:28 am to
quote:

seems like a useless platitude. given that they haven’t taken money from white investors to give to their black investors I don’t think they plan to lobby for legislation to take from white peoples 401ks but am willing to see a link where TIAA has discussed otherwise



ETA: You didn't answer my question. You said what you think it's not; what do you think it is?

You're the only one talking about white and black. What they've wanted to do since at least the early 90s is tax your 401s and redistribute them to the poor, black and white alike.

I don't think they randomly included the word legislation in the commercial, and legislation means using government power for coercion. If you think the left isn't willing to use it in the name of "equity" then I'll not waste any more time.
This post was edited on 4/7/23 at 10:30 am
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