In February, the White House released its “Annual Report on the Middle Class” containing new regulations favored by Big Labor including a bailout of critically underfunded union pension plans through “retirement security” options.I guess President McDreamy doesn't have to worry about his golden years.
The radical solution most favored by Big Labor is the seizure of private 401(k) plans for government disbursement -- which lets them off the hook for their collapsing retirement scheme.
And, of course, the Obama administration is eager to accommodate their buddies.
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RELATED: Speaking of finances...
The suspect in the Times Square bombing attempt defaulted on a $200,000 mortgage on a Connecticut home and the Shelton property is now in foreclosure, according to court records.Looks like making bombs isn't the only thing this guy does badly.