The Pension Benefit Guaranty Corp. has an impossible job

Megan McArdle notes that there is no way the federally-backed pension insurer can set premiums appropriate to risk:

And to be fair, it’s hard to set these premiums, because what you’d really like to do is risk-rate the premiums–force firms to pay more when their firms look especially shaky.  Unfortunately, pensions look especially shaky when the firms that sponsor them look especially shaky, and the PBGC does not really want to be in the business of tipping shaky firms over the edge of bankruptcy and then … will you look at that! … assuming responsibility for their underfunded pensions.  Nor do they exactly want solvent firms to have to pay extra-high premiums in order to compensate for their idiot competitors who poured the pension fund into jackalope ranches and fur-bearing trout farms.

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Reason 279 to Vote for President Obama - Protect Your Pension

OSO - Traded As PBGC 

This could be one of the hottest beverages in the world soon.  I truly believe that.  It is a green friendly all natural beverage development that is getting attention of the NYC Elite. April 3rd it is being recognized in the Big Apple for being such a health oriented, clear colored beverage that is packaged in an environmentally conscious way.  Check it out on the stock market before it is too expensive to get in. The link below will take you to Yahoo Finance on the company that owns this beverage traded as PBGC   Remember, this is going to get a lot of press on April 3, 2012 so check it out well!  For other all natural products visit: http://scottvantage.com