In a Biden cave-in reversal to Blackstone Group investment, the WORLD’s largest “private equity” firm (A “business” run by Stephen Schwartzman to skim by way of “fees” and “investment consultations” YOUR money with US government approval) the Labor Deprartment has okayed Blackstone’s desire to skim even MORE funds from working Americans private retirement accounts, 401K, 403b and State Pension funds.
This is an outrage and a betrayal, but a typical one. What did we expect from the former Delaware Senator from the US state of Credit Card? Usury? 28% interest rates, legalized and a tax haven for squirreling profits from taxes? Nah. Never happen.
THIS is where the anger at Democrats comes from. THIS is where the Working Class learns that maybe, just maybe, in frustration, tearing the whole system down is better than trying to get Democrats OR Republicans to fix their future.. Can you really blame them? Over and over again, Democrats prove they are much more interested in expanding the profits of the Gambling Economy at the expense of the Working Economy. Over and over, the wealth of the nation continues to accelerate UPWARD, no matter WHO we elect.
Mr. President, reverse this decision. If you and Trump both agree on something, that should be your first clue there is something desperately wrong. And here it is.
Blackstone personnel, CEO, CFO and the heir apparent, contributed 350K to Biden’s campaign and other Democrats in the last cycle. Just business, people, move along, nothing to see here.
More on this story as it develops. This is going to take some digging.