Elizabeth Warren hates retirees

I am adding or updating links here as they become available.

Forbes: Elizabeth Warren Wants To Cut The Value Of Your Retirement Account.

Her "Accountable Capitalism Act" directly requires government-mandated management of corporate and mutual funds - in fact, almost every kind of security and equity sold on the American markets -- and 80 percent of equities are held by institutions; 37 percent of all equities are held specifically by retirement funds  such as 401(k) and 401(c)3 accounts and similar funds.

A detailed assessment of why this Act  is simply "bonkers" is at Patheos.

Wall Street Journal: Warren’s Assault on Retiree Wealth - Her vision of ‘accountable capitalism’ would destroy savings built over a lifetime—and sink the economy.

What will happen to your personal retirement account? A sharp plunge in value immediately which will never be recuperated compared to today's arrangement. If you are in or near retirement, get ready to drastically scale back your standard of living.

Because fairness, comrades!

International Business Daily: Sen. Warren Reveals Democratic Socialists' Hidden Agenda. Oh, I do not think it is hidden at all. It is quite out in the open.

Hard to get more open than this - Wall Street Journal: King Warren of the Roundtable -- The Senator orders the ‘stakeholder’ CEOs to endorse her agenda.

Reason: Elizabeth Warren's 'Wealth Tax' Is Punishment, Not Taxation

The Hill: Why Elizabeth Warren will fail to shine in her moment on the trail

Warren also proposes a frightening Office of United States Corporations through her Accountable Capitalism Act. Under this plan, workers must represent 40 percent of corporate boards of companies worth more than $1 billion. It also institutes new strict controls on political spending and requires a corporate charter approved by the federal government. This plan is Orwellian. The idea of government control of private industry is among the textbook definitions of fascism and its concept of corporatism. That means charters to do business could be revoked.

The link in the excerpt goes here: Elizabeth Warren, Corporatist

"Corporatism” is one of the most misunderstood words in the political vocabulary. American progressives use it to indicate the domination of the state by business interests, when in fact it means something closer to the opposite: the subordination of commerce and industry to political mandates.

Meanwhile (Issues & Insights): Trump’s Economy: 1.6 Million More Jobs Than The ‘Experts’ Predicted

For the purpose of comparison, we used the Congressional Budget Office’s 10-year economic outlook released in January 2017. The CBO’s economic forecasts tend to mirror the consensus of other economists.

The results of this comparison are stark.

So yeah, we should turn all our government to "experts" who know what is going to happen long ahead of time.

Issues and Insights, 11/5/19: "Government’s Dictatorial Powers Under Warren’s ‘Medicare For All’ Should Scare You," written after Warren released her MFA cost proposals.

Warren’s Medicare For All: The Longest Political Suicide Note In Recorded History