Politicians Red and Blue love private equity underwriters (PEU) and Trump II will soon pave the way for retirement savers to buy private equity in their 401(k). Trump II plans to issue an executive order that allows such investment.
Even "weaklings" will be able to take advantage of the move. Private equity money enabled Jeffrey Epstein to operate his underage girl sex trafficking that catered to insiders with money and power.
Apollo co-founder Leon Black funded Epstein to the tune of $170 million. That's a hefty sum for tax advice.
Epstein cost Black even more, given his criminal settlement with the U.S. Virgin Islands for Epstein's acts on St. Jeff's or Pedo Island:
Black paid $62 million to obtain criminal immunity from Epstein matters not just for himself, but also for his attorneys and individuals acting as his agents.Private equity profits, accelerated by preferred "carried interest" taxation, supported Epstein's criminal ventures. Elected officials kept that tax dodge in place for the last fifteen years, despite both political parties vowing to eliminate it. How did they never join up to ditch the highly unpopular tax break?
Politicians Red and Blue love PEU and increasingly, more are one. Nobody gives away money to child sex traffickers like Leon Black. Are you sure you want to give your 401(k) money to the greed and leverage boys?
