http://en.wikipedia.org/wiki/Teresa_Ghilarducci
She obtained a B.A. in Economics from University of California, Berkeley in 1978.[4][11] She graduated from there in 1984 with a Ph.D. in Economics.[2][3][4][11]
She serves as a public trustee for the health care VEBAs for United Auto Workers retirees of General Motors, Ford Motor Company and Chrysler, and United Steelworkers retirees of Goodyear Tire and Rubber Company.[3][4][11][7][9][10]
Classic Alinsky-ite title for her book...claims there's a "plot against pensions" to cover up the fact that she has a plot against 401Ks...
In her book When I'm Sixty-Four: The Plot against Pensions and the Plan to Save Them, Ghilarducci proposed mandatory participation in a government-run savings plan to which each worker and their employer would supplement their Social Security pension by contributing 2.5 percent each of her or his salary.[3][4][7][8][9][10] The plan would be administered by the Social Security Administration, but would be separate from Social Security records. In turn, a refundable tax credit of $600 would go to each participant, regardless of his contributions. The account would have a guaranteed interest rate equal to the government's official inflation rate plus three percent.[1]
James Pethokoukis of U.S. News & World Report in jest called her "the Most Dangerous Woman in America".[12]
401(k) Foe Teresa Ghilarducci, the Most Dangerous Woman in America
By James Pethokoukis
In an interview with my guy, Kirby Wilbur of KVI 570 AM in Seattle, Ghilarducci says one of her goals is—you guessed it—to "spread the wealth." Go about 12 minutes into the interview to hear it for yourself, gang.
Ugh! It is getting harder day by day to stay cheerful. My husband had said if they try to confiscate his 401k he will just take the penalty and get an early distribution. My only hope is that we will get fair warning before they steal the money.