DT's.....he'll feel better after lunch
WOW! Kennedy is up for his second round, and all he has is the Vanguard pledge???????? Kennedy is being disingenious, sarcastic, he's reduced to nasty, snide comments, intentionally misstating what Alito said earlier, trying to trap him. Not working Teddy!!!
DT's.....he'll feel better after lunch
One of the troubles with Kennedy and the Democrats is that they don't realize how far the "ownership society" has progressed.
Back when they were cutting their political teeth only they and other rich folks owned shares in the stock markets.
Today, the vast majority of people who vote have some sort of 401K or something and own shares in mutual funds. They understand that the value of a mutual fund has nothing to do with Vanguard (which, incidentally, is the primo low-cost mutual fund company -- so lots of average Joes use it), but with the companies whose stocks Vanguard holds in their portfolios.
Alito would in no way gain or lose money, regardless of how a case against Vanguard went. I think that Kennedy and the other trust-fund limosine liberals have no idea how many of us out in middle America who actually work for a living understand these concepts with a fairly high level of sophistication. They are so insulated.