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

ENCNow

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

https://www.dailymail.co.uk/news/article-11485913/Why-Bidens-woke-agenda-retirement-risk-demands-ANDY-PUZDER.html

https://www.dailymail.co.uk/news/article-11492253/78-woke-ESG-funds-Biden-wants-401ks-invest-UNDERPERFORMED-market-average.html


Go Back


Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published )
Enter Your Comment ( text only please )




A Decade of Voter Registration Changes in North Carolina Rant & Rave, Editorials, Beaufort Observer, Op-Ed & Politics McConnell throws American taxpayers under the omnibus


HbAD0

Latest Op-Ed & Politics

illegal alien "asylum seeker" migrants are a crime wave on both sides of the Atlantic

HbAD1


HbAD2

threat to cut off federal funds bring change to school district policy

HbAD3

Goes from bad to worse invasion.
sheriffs stand for law and order against pro-crime governor and legislature
follows socialist primary wins for Democrat US senate nominations in Michigan and Florida

HbAD4

 
 
Back to Top