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Down with the oligarchs! Pension funds are a clear wealth transfer from the working class to HF/PE managers without any benefits to the working class. Fee adj
by jgalt212 11y ago
Down with the oligarchs!
Pension funds are a clear wealth transfer from the working class to HF/PE managers without any benefits to the working class.
Fee adjusted returns are worse than index funds.
HF/PE managers dodge taxes through the carried interest loophole which the "socialist" Obama refuses to close despite having the power to do so without enacting new legislation.