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OK—I admit it. Those protestors outside our pension reform event in Albany today did get one thing right.  I do think people need to “gamble” some of their retirement savings on Wall Street.

Memo to picketers: you do realize, don’t you, that this guy already is gambling retirement money on Wall Street?  In fact, he’s now got more than $150 billion riding on Number 7.5 (as in, percent assumed annualized return).  If you’ve live in New York City, this guy has got more than $100 billion of your money riding on Number 8 (ditto).

You didn’t think the money was in Al Gore’s locked box, did you?

(Thanks to Rus Sykes for holding the sign up for the camera.)

About the Author

E.J. McMahon

Edmund J. McMahon is a senior fellow at the Empire Center.

Read more by E.J. McMahon

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The Empire Center is an independent, non-partisan, non-profit think tank located in Albany, New York. Our mission is to make New York a better place to live and work by promoting public policy reforms grounded in free-market principles, personal responsibility, and the ideals of effective and accountable government.