Holy shit - Paul Ryan sneaks Wall Street attempt to hurt your retirement into GOP anti-poverty plan [View all]
Edit: 2 source links added
Can you believe this? Lost in all the hubbub over Trump's racist attack on the judge was Paul Ryan's unveiling of the the GOP's "anti-poverty plan." Guess what he snuck into it? An attempt to block the Department of Labor's "fiduciary rule" which will go into effect in 2018. What does this rule do? It would require retirement advisers to only give you advice that is to your benefit. Right now, advisers can trick you into choosing other options that earn them more commission, but give you less money in your retirement years. This practice is set to end in 2018 and the GOP wants to stop you from having this protection.
Obama just vetoed a GOP resolution to block the fiduciary rule this month. So what does the GOP do? They sneak it into their "anti-poverty" plan. Who are they trying to make less poor? They are trying to make people poorer who have worked their asses off! It's just like the GOP to wrap something disgusting into a package labeled with pretty words like "anti-poverty" to get you to swallow it and then die.
No difference between the GOP and DNC? If you believe that you are a victim waiting to happen.
This proves that the GOP, the QUIET GOP, behind the scenes of the Trump debacle is still the enemy. They will back any GOP candidate that allows them to continue to help the rich fleece you and me.
https://www.dol.gov/ebsa/newsroom/fsconflictsofinterest.html
http://www.msnbc.com/rachel-maddow-show/paul-ryans-anti-poverty-plan-isnt-the-better-way