What do these 2 men have in common???? if you were paying attention to the recent presidential elections, well we are told that they don’t have anything in common, nothing at all. The fact is these 2 have a lot more in common than you may think, for one they belong to the same class. The wealthy and powerful class, secondly when it comes to money and wealth, businesses, have very similar ideas, let us not forget President Obama who also belongs to that same class. the fact is before someone ascends the throne of the presidency, they already belong to the wealthy class. So it is almost like we are being asked, which wealthy person are we going to let lead us. I say this because of a few reasons, for one it takes money to be in politics, and one thing that happens during economic booms and busts is that there is a massive transfer of wealth, usually from the poor to the rich. Every time there is a recession and people say we are losing money, where the money is going? it’s a debt and credit society, so if we are losing money, someone is gaining that same amount, although we are told is not a zero sum game, it feels like it is, for example, during Obama’s time, his labor department change a policy, concerning retirement funds and 401k’s, As we are well aware, funds, 401ks are invested in the stock market, etc…but there is a limit to where and how the funds are invested, and this is to prevent losses, or should I say a massive transfer of wealth. Well, some of these business interests lobbied the government to change the law so funds can be invested anywhere. That means riskier assets and any investments which these private equity firms deem fit. Just like political law that was changed so politicians can receive funds from anywhere, from Bush’s government to Obama’s government, through Donald Trump’s government to present-day Job Biden’s government, private equity firms made over $200 Billion, according to one Oxford professor, “This wealth transfer from several hundred million pension scheme members to a few thousand people working in private equity might be one of the largest in the history of modern finance,”
Funny they are all on the same page when it comes to money, This is why I say Policy, not people, I cannot blame them for putting their interests first, I blame the common man for not paying attention to what is going on, this is news that no one really knows about or hardly care!. We are caught up in the emotions of politics and we just go with the flow.
Trump at least tried to do something for the common man, but can I blame him for trying to enrich himself in the process, NO!!!! No matter how the rich hate each other, if it’s a business that they will all benefit from, they will put their differences aside, even if it is just for one minute. Never mind political parties, they all belong to the Rich class!!!
