Biden changes rules to allow "woke" raid on your 401(k) | Eastern NC Now
allows 401(k) managers to invest in low performing ESG funds
Check the fine print on your 401(k). It may still protect you from a politically motivated Biden rule change. Biden's new rule will allows those managing 401(k) funds to invest members' money in lower performing ESG funds instead of the best performing investments. ESG stands for "environment, social justice, governance" and those funds value left wing political objectives over making a profit for investors.
Many state treasurers have been taking state pension money out of funds run by Blackrock and Vanguard, two of the biggest purveyors of ESG. ESG=Woke
| A Decade of Voter Registration Changes in North Carolina | Rant & Rave, Editorials, Beaufort Observer, Op-Ed & Politics | McConnell throws American taxpayers under the omnibus |
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