Wall Street and Washington have been in bed together for over 100 years…and rarely does the public put 2 + 2 together to see the extent of their corruption.
This is a topic we usually address in our monthly “…In Plain English” newsletter (HERE), but a recent event has shed new light worthy of more discovery into this endless pit.
Cue up: The death of Diane Feinstein.
In addition to having a Chinese spy working for her for over 20 years, the extent of Feinstein’s corruption has been revealed in the numbers.
According to her estate, she is leaving behind a $100 Million + portfolio to her four daughters.
Keep in mind she was a “public servant” earning a six-figure salary whose “net worth” was over 8 figures +.
How does that happen?
Maybe she had a good broker.
Or Maybe she was just lucky with her investments
Or Maybe, JUST MAYBE she had some “Inside Help” along the way.
Here is a short list of what she left for her daughters:
- A $60 million private jet
- Homes, including a $20 million San Francisco mansion
- An office/home in Washington D.C. worth $7.4 Million
- And, of course, a $5 million Hawaii home…not affected by the recent
- Over $70 million in cash in the bank
Again, who accumulates that kind of net worth on a salary less than $250,000?
Maybe we should all seek her investment advisor.
Or maybe we should all be wondering how so many career politicians have become multi-millionaires while working on a “public servant” salary.
Partner Up with Wall Street and Washington
It doesn’t take a rocket scientist to figure out that it’s mathematically impossible to maintain multi-million-dollar mansions, and a private jet on a “public servant salary.
Ironically (or NOT) with that rate of success, it’s only a matter of time before Netflix produces a special series honoring the late senator…
So, what’s the bottom line here?
The District of Caligula – and many of it’s blood-sucking minions have made a mockery of investment rules as they apply to the average investor.
In the meantime, they with the help of their Wall Street Overlords have made fortunes at your expense.
Why do you think they’re referred to as “Beltway Bandits?”
And the only solution to this problem is TERM LIMITS.
Find out how to work around Wall Street and Washington’s corruption in our October issue of “…In Plain English” (HERE).
And share this with a friend…especially if they question how people like Diane Feinstein got so wealthy.
They’ll thank YOU later.
And tell them:
We’re Not Just About Finance
But we use finance to give you hope.
All of This (and More) On a “Public Servants” Salary
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