Meg, Carly and your 401(k)

The Meg Whitman and Carly Fiorina campaigns are your 401(k) plan contributions at work. These corporate henchmen made more money from their stock options than salaries. Your hard-earned 401(k) plan contributions cashed out their corporation stock options.

I'll bet Whitman and Fiorina sold at the height of the Dow (14,000 in 2007), kept half of the money, and in 2009 when the Dow was under 7,000, they probably used the remaining half to buy the same amount of stock at half the price they sold it for in 2007.

Whitman and Fiorina are a good fit for the Republican party. They don't even have to change their corporate method of operating, protecting Wall Street corporations from the working class, taxpayers and consumers.

Your 401(k) plans and other tax- code-promoted retirement accounts have rules that restrict your use of your money, rules the wealthy don't have to play by. Probably the top 10 percent of the wealthiest control much more stock than all 401(k) plans combined. The working class's retirement is at the mercy of the wealthy.

ROBERT FIGUEROA
Modesto