I will only be really impressed when it can smoke cigars, swear and run on booze.
I made one of these but surprisingly not a big market for them.
When did simple debate devolve into bitching? Just because I disagree with your thoughts on the matter doesn't mean that I'm attacking you in any way.
I could go with your way of thinking under certain circumstances.
First mandate that pension plans offered by any employer have an option that includes the ability to not possess stock. If you look at many workplaces you will find that these options simply don't exist.
Second, make retirement planning required education in the public school system.
Currently, I'd guess that more than 80% of people with retirement investments out there have no clue what companies they are invested in at the moment. While I agree with you that this is definitely their own fault, I think that before we change the system in the way you've mentioned we should make sure more people are prepared.
Say I buy comic books for my retirement portfolio, or art, or some other tangible object and do my due diligence, research it to make sure it's the real thing, see the certificate of authenticity, research to make sure it's not stolen, etc, etc. I can still get screwed by a good forger that fools all the experts.
The same can happen with a company. I can do all my research and due diligence and make sure that the officers of the company are stand up people, I shouldn't be held responsible if they fool everyone and not just me.
You are punishing the victim of the crime when you punish everyone who owns stock of the company in this case.
I mean SydShamino doesn't exactly have control over US foreign policy if he voted Republican and Obama got in right?
But he should just lie back and accept that he's responsible for America's military presence in Afghanistan because he's an American citizen that voted.
What you are suggesting would completely destroy the fabric of all Western Nation retirement funds. There aren't enough comics in the world to supply the demand of those looking to make enough money to retire and still be able to eat.