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Coping With a Grossly Inequitable Political System

The 2020 election has made it evident that the American economic and political system is designed to be grossly unfair to average citizens.

Disparities in tax rates, access to voting, gaming the tax system, cronyism, bad business practices, preferential treatment by the legal and financial system are all on full display.

It’s safe to say these fissures in the democratic system are more glaring today than ever before.

This is the system that created tax loopholes that allowed Trump to evade taxes for years as he continued to rack up financial losses.  His abuse of power and knowledge about working with banks that operated in the shadows and allowed him to be forgiven on millions of dollars in loans is something few experts can explain.

All this happened as thousands of homeowners were foreclosed for owning only thousands of dollars.

This system has serious problems. Individual business people, investors, and workers recognize these disparities.

This site can educate and motivate. It can put you in touch with ethical financial firms,  fiduciary planners, Registered Investment Advisors who provide conflict-free advice,  and co-op banks and credit unions.

Take Control

One goal is to take more control over your financial future, especially for retirement and funding a college education. Take control of your investment future using the information in this book. It can save you thousands of dollars.

Buy Now

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EDITOR PICKS

The financial sector which has the most contact with the investing public–the mutual fund industry–has largely evaded pressures to reform.

This is a serious omission since the $3 trillion mutual fund industry plays a critical role in determining the financial well-being of millions of Americans. The industry’s problems, ranging from conflicts of interest to lack of transparency, affect retirement planning and the ability to build secure financial futures for millions of investors.
read more...

POPULAR POSTS

The GOP’s War Against Retirees

June 26, 2015

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July 1, 2019

Flynn’s Biggest Punishment Would Have Been to Revoke His Pension

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POPULAR CATEGORY

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ABOUT US
The $3 trillion mutual fund and financial advisor industries play a critical role in determining the financial well-being of millions of Americans. The industry’s problems, ranging from conflicts of interest to lack of transparency, affect retirement planning and the ability to build secure financial futures for millions of investors. You can prevent this by working with a Registered Investment Advisor (RIA), using low-cost ETFs and mutual funds, and supporting pro-investor regulations that should be proposed in the Biden presidential administration. HIgh fees also cut into your portfolio returns. To learn more, get the book, How 401(k) Fees Destroy Wealth, on Amazon.
Contact us: info@theprogressiveinvestor.org
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