[Congressional Record Volume 141, Number 141 (Tuesday, September 12, 1995)]
[House]
[Pages H8730-H8731]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                     STOP THE CLINTON PENSION GRAB

  (Mr. JONES asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. JONES. Mr. Speaker, investment of pension funds into economically 
targeted investments, or ETI's, is another questionable plan advocated 
by the Clinton administration to get its hands on more of the citizens' 
hard-earned money. This policy would divert pension funds away from 
financially sound investments into politically correct investments.
  The Democrats have absolutely no plan to save Medicare from 
bankruptcy and now the administration wants to jeopardize the hard-
earned pensions of millions of American seniors and at the American 
people's financial expense, $1 

[[Page H 8731]]
million for the clearinghouse to promote these risky, low-return 
investments.
  Mr. Speaker, it seems the administration is more interested in 
putting high-priced programs first and the welfare of America's 
retirees second. We must stop the Clinton pension grab by passing the 
Pension Protection Act of 1995.

                          ____________________