Hi cold ... super funds loaning stock to shorters should be...

  1. 5,822 Posts.
    Hi cold ... super funds loaning stock to shorters should be banned.

    Send Bill Shorten (http://www.billshorten.com.au/) an email (minister for financial services and superannuation) letting him know that there is a connection between pensioner super assets and the Govt spend on age pensions.

    Every time the Hedge funds trash our Market, retirees are forced to Centrelink for assistance which is a cost factor for the Govt.

    Instead of 'Julia-think' mean-and-nasty clawing back pension benefits ("coz pensioners never vote for us") the Govt needs in invest a few neurons (instead of morons) into HOW TO PROTECT THE SUPER POOL for current and future retirees.


    Cheers ... tight stops.



 
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