Political Junkie Too wrote: What would that do to my company’s assets if shareholders were all forced to divest in order to fund government annuities? Who would be the buyer of a forced sale, the government? Wouldn’t that be a de facto nationalization of companies whose workers invested their retirement savings?
Why would the government be overly concerned with trivial matters like that? If they were, they could schedule the liquidation of those assets over a period of time to minimize the downside.
De facto nationalization would be viewed as a positive, not a negative.
Do you remember when Unocal was being bought by CNOOC (Chinese National Offshore Oil Corporation? Remember when Congress stepped in to stop the sale, claiming it was a national security measure to keep Unocal assets in the United States?
So now we'd have a Congress that hands these assets over to foreign investors?
I don't think so. I think that's the fatal flaw in the plan.
-PJ