Bush's Pension Protection Act is undergoing vicious attack in the media this month. In the wake of several major companies' "pension freezes", including those of IBM, Hewlett-Packard, Verizon, Delta Airlines, and, most recently, DuPont, commentators seem to be spinning the new legislation as something that is giving Corporate America the OK to rip money right out of Grammy's handbag.

Hasn't anyone considered the fact that freezes might be a good thing?

Posted by Michelle Smith at 10:19 PM | Comments (0)