Teresa Ghilarducci is widely referred to as “the most dangerous woman in America”. She has been pushing this meme for at least a decade.
Looks like they are getting ready to pull the trigger on it. The Center for American Progress came out with a similar white paper outlining how Obama could rule by decree with a phone and pen, about 90 days before he actually started doing it. When you see it on their letterhead you know the sh** is about to hit the fan.
They are also starting to drop the phrase “failed 401K scheme” in the places on the web where Lefty wackos hang out. Will be making it’s way into the MSM shortly.
This is how they are going to bail out public and union pension funds.
that’s why we’ve been covering CAP since it opened