It seemed to me important to post this, even though things like private equity funds and other involved financial schemes often are a bit difficult and, frankly, boring to follow.
The thing is, we really should be made aware of these things. This is where most of the truly outrageous scandals by high-ranking Washington politicians really take place. This is how they grab more power, and then flaunt it with their sense of entitlement and an absence of any checks on their conduct, political or otherwise.
After all, even though the Epstein Files scandal is regularly dominating headlines at the moment, and the Clinton sex scandals used to dominate the headlines, most of the scandals which actually impact us, and with which politicians almost flaunt their presumed superiority and immunity from consequences, tend to be on the financial end of things.
So we really all should be more aware of these things, since this is how they both enrich themselves, as well as harming us. It's all in the fine print, I guess you can say.
That said, the Trump regime just made private equity funds available to the rest of us schmoes. It traditionally was just for the elites. But now he and his administration - with bipartisan support, evidently - made them available to everyone. Surely, it is going to be advertised as liberating people to finally invest in the elite funds that the very wealthiest Americans do.
However, that is deceptive. In fact, as Leeja Miller describes in this video, it is little more than a glorified Ponzi scheme.
With the ultimate con artist currently occupying the Oval Office, could we really expect anything else? Did we expect him to be heroic or honest?
Take a look at this video to get a better idea of things.
Billionaires Want Your 401k Funds
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