>"What if people told me to put my 401k in index funds then half the companies on the index get wiped out due to a sudden policy 180?" Maybe it is time people

>"What if people told me to put my 401k in index funds then half the companies on the index get wiped out due to a sudden policy 180?" Maybe it is time people paying into pensions and 401k's begin to understand they are scams enshrined in law to prop up the financial industry. Maybe if mainstreet stopped giving their money to wallstreet to mismanage in the first place there would be no need for future bailouts to begin with as wallstreet runs a muck with pension and 401k funds. These are the very same bankers who continued to buy toxic mortgages in 2008 with Client funds as the banks were selling off any positions they had in the very same assets.