President Obama is delivering a speech about retirement investing today:
At @AARP, Pres Obama says "too few Americans at or near retirmenent have saved enough to have peace of mind." pic.twitter.com/M2dnRRFepz
— Mark Knoller (@markknoller) February 23, 2015
Just terrific…
@markknoller Financial advice from That Guy? You gotta be kidding me?
— Corn Pop's Gun Moll (@jeannebodine) February 23, 2015
But wait, it gets better!
Obama’s speech included this warning:
Pres Obama says some retirement advisers steer clients into investments with high fees and low returns. And clients dont realize it.
— Mark Knoller (@markknoller) February 23, 2015
Ha! Sound familiar? Anyone? … Anyone?
Identical to ACA; this an endorsement?@markknoller Obama: some retirement advisers steer clients to investments w/high fees and low returns
— Brad Slager: It's Lt-Col-VP-Rev-Kaiser, SIR ? ? (@MartiniShark) February 23, 2015
Reminds me of Obamacare. MT @markknoller Obama says some retirement advisers steer clients into investments with high fees & low returns.
— jon gabriel (@exjon) February 23, 2015
That’s it!
But there’s more:
@exjon @markknoller You mean like GM after Obama took it over? BOOM!
— Darrell Hahn (@djhahn13) February 23, 2015
Where did our $1T stimulus go? MT @markknoller Obama says some retirement advisers steer clients into investments w/high fees & low returns.
— jon gabriel (@exjon) February 23, 2015
Recommended
— Dev (@DevRacing) February 23, 2015
.@markknoller So they can keep their retirement plan if they like it. Period?
— kerry ⭐⭐⭐ ?? (@K1erry) February 23, 2015
https://twitter.com/MrRyanOz/status/569938011720273921
@exjon @markknoller Obama really knows his investing http://t.co/c32Bb14nI4
— Darrell Hahn (@djhahn13) February 23, 2015
Of particular note:
When Obama says "some" it justifies him targeting "all" and making wholesale changes as a result.@exjon @markknoller— Brad Slager: It's Lt-Col-VP-Rev-Kaiser, SIR ? ? (@MartiniShark) February 23, 2015