Quote:
Originally Posted by MrSparkle001
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Why is it a bad idea? The market is so damned corrupt right now that something has to be done.
This would actually only be a small first step.
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That's similar to how we framed the ACA at the time
You are right, but I think it's still a half-assed approach to the problem. I suspect if it were to pass the net effect would be making wealth management a bit more complex, that's all.
I dunno that much about blind trusts. I think those who run them have to do so as a fiduciary, but I would wager there's still ways to make the pile expand even if you don't know the exact composition of the pile... if you're a lawmaker, anyways.