Friday, November 9, 2007

Obama speaks to retirees left "High and Dry" in Iowa

Barack Obama's most recent television ad in Iowa entitled "High and Dry" tells of the Illinois senator's plans for pension reform.

Dave Hartgrave, 72, of Cedar Rapids tells of his fortunes after the pension he was expecting was cut by almost 75 percent.

"I worked here for 33 years, did everything they asked me to do," he says. "The executives decided to take $19 million out of our pension fund, didn't return it. Thought I was going to be getting $1,500 a month, I only got $379."

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