Reply #27: Pension funds have, by far,

[Julien Sorel]

the most money invested in the stock market. It isn't a majority, iirc, but it's a plurality. The problem with his stupid plan is that, like everyone else, pension funds are in the market to make money, but by going along with his plan, they would lose money. It is probably actually illegal for some of them to do something so obviously adverse to the interest of the money they manage.

A perfect Green scenario:

Camejo gets elected, goes to the pension funds, gets them to buy into his scheme. Their funds lose money as a result, and then Camejo and the Greens turn around and attack the pension funds for mismanaging the retirement savings of the little people, yet another example of corporate mismanagement. And it would happen, if the fund managers were just half as stupid and naive as Camejo and his supporters are.