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Here’s the Obama DOL fiduciary policy Trump’s DOL really should rescind

Its never a good idea to play politics with other peoples money. Every fiduciary doesnt. Why doesnt the DOL?

By Chris Carosa | Updated on May 24, 2017
In 2008, the Bush Labor Department issued a policy statement that specifically reaffirmed the long-standing legal tradition that Robin Hood, despite the pureness of his heart, still operated outside the law.

During the era of the Robin Hood myth, the real King John regularly robbed from the rich to give to… himself. Not exactly Robin Hood.

But King John was in a world of hurt. He needed money (I can’t explain why in this small space, but it’s rather interesting). As his noblemen went off to The Crusades, the King would assume control of their property (and their family) in “trust” while the knights-errant ventured off, possibly never to return.

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