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Woke Investments

The Biden-Harris Regime Quietly Changes Rules to Incentivize Financial Advisors to Put Your Money Into Woke Investments EVEN IF IT LOSES MONEY

by JD Rucker
December 6, 2022
in News
Reading Time: 2 mins read

  • Preparedness: Don’t Forget the Meds

It’s no secret that the Biden-Harris regime and their puppetmasters among the globalist elite cabal absolutely hate us. They despise us as useless eaters who must be depopulated or controlled for them to achieve their nefarious goals of The Great Reset, the 4th Industrial Revolution, Build Back Better, the Green New Deal, the Liberal World Order, or whatever label they slap on their machinations in the future.

Now, they’re proudly declaring this hatred by prompting financial advisors and retirement institutions to move your money to ESG companies. Moreover, they lifted rules requiring them to try to make you money. In other words, they can lose money for YOU and still make money for themselves as long as they’re investing in wokeness. You can’t make this up, but apparently someone among the powers-that-be did anyway.

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According to Jeff Murdoch at The Washington Times [emphasis added]:

The Biden administration has quietly finalized a rule allowing employers to funnel workers’ 401(k) funds into investments that support woke causes that address issues such as climate change and diversity.

The Labor Department recently approved the rule affecting roughly 150 million workers and $10 trillion in assets covered under the Employee Retirement Income Security Act of 1974.

The rule says asset managers and retirement plan administrators should consider environmental, social and corporate governance (ESG) factors when selecting investments. That would encourage money managers to balance financial returns with investments that support wind and solar energy or have diverse boards of directors.

In these uncertain financial times, you need a company you can trust with stewardship of your life’s savings. We recommend self-directed IRAs backed by physical precious metals provided by Augusta with ZERO Gold IRA fees for up to 10 years.

The rules also remove a restriction blocking employers from using an ESG fund as a default option for workers automatically enrolled in 401(k) plans. That means workers could be supporting causes that don’t align with their political views.

It also rescinds Trump-era regulations that require retirement plan administrators and asset managers to choose investments based solely on participants’ financial interests.

This is just another reason why I STRONGLY recommend everyone of all ages move their wealth or retirement into a self-directed IRA. Don’t let advisors and retirement companies quietly compel you to lose money on woke investments even as they make more money thanks to the Biden-Harris regime’s priorities.


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Tags: EconomyESGFinancial AdvisorsInvestmentsLedeRetirementShow NotesStickyTop StoryWashington Times

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