ERISA: 35 years old and still incorrigible

xtremErisa notes that this month marks the 35th anniversary of ERISA’s enactment, and notes some of the good things about ERISA, of which there are a few. The xtremErisa blog is an entertaining read overall, and offers a more balanced view of ERISA’s good and bad points than you will get here (here we are concerned with keeping insurance companies honest, and there the focus is expanded beyond that to pension regulation and such). You’ll also get some amusing pop culture references there (I’d do some of that here too, except once I exhausted the possibilities offered by Jimmy Buffett, Travis McGee and Fernwood Tonight I’d be out of ammo).

Anyway, OK, I’ll say it. ERISA, happy birthday.

Now please go away.