Progressives want to force you to buy stocks in underperforming companies that care about climate change, social justice, and gender equity issues. In the Democrats’ reconciliation plan, they have proposed forcing asset managers of 401(k)s to invest in these sorts of companies, whether you want to or not.
It does not just undermine the efficiencies of the free market, it forces your money into investments you may not want. This is part of the Democrats’ agenda to reshape the nation and control you. Additionally, they want to force even private companies that are not publicly traded to adhere to these standards. They are willing to corrupt and undermine the free market to achieve their progressive goals.
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You mean like in 2008 when the government forced banks and other lending institutions to loan money to people they knew could never, under the best circumstances repay the loans. What could go possibly wrong?
I am sure that this is a wet dream by many on the left. I am also more sure that it won't happen. Why you ask? The Left has not taken the guns yet and no sane owner is going to willingly give his up with possibilities like this on the horizon.