Feb 2, 2023
We'll say this about Joe Biden: He knows how to unite us. Against him. Back in November, during Thanksgiving week, the wokesters within Team Biden's Labor Department put the finishing touches on an obscure rule with potentially devastating consequences. Congress has finally taken notice. The rule in question allows - some would say encourages - retirement planners to invest your hard-earned contributions not in a way most likely to yield superior financial performance, but in a way most likely to promote the Left's environmental, social, and governance (ESG) standards. Such thinking, it's safe to say, would've kept a portfolio manager from taking advantage of the strong performance had by fossil fuels this past year when so many other industries suffered under Bidenomics. In short, the Biden administration has put your retirement savings at the mercy of the hard-left's ESG-driven political agenda. And you thought those blowhards over in Davos were more interest