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Unfair Advantage Once the government is assured of being paid, the new employee agrees to send a portion of their paycheck to a mutual-fund company, investing in their retirement, which means the rich get paid next. In the United States, if a worker refuses to invest in a companysponsored retirement plan made up of mutual funds, the employee loses their matching contribution from their employer. In other words, “If you do not pay the Wall Street bankers, we do not have to pay you.” Many employees naïvely believe the matching contribution comes from their employer. The naïve employee does not realize that the matching contribution was his or her money in the first place. If the employee refuses to invest via a payroll-investment plan, the employer saves money. This is how much power Wall Street has over our government and labor laws, laws that labor unions endorse. Talk about corruption. As soon as their new job is secure, the new worker begins to save a little money to buy their dream home because they know, “Your home is an asset and your largest investment.” Few people realize that the mortgage, and the homeowner who pays the mortgage, are the real assets. The new member of the working class is now transferring his or her money into the pockets of the bourgeoisie through the agents of the capitalist class: the bankers, real estate agents, stockbrokers, financial planners, and politicians. The bourgeoisie isolate their world from the world of the working class via the education system. In other words, the educational system is being used as the primary agent of the so-called “greedy rich” whom educators despise. This is why there is no true financial education in schools.

Get Off the Plantation My poor dad became a teacher because he was a product of the plantation system of Hawaii. His father, my grandfather, came over on a boat from Japan to work in the sugar and pineapple fields of Hawaii. 193

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Unfair advantage ebook  

by Rich Dad, Robert Kiyosaki

Unfair advantage ebook  

by Rich Dad, Robert Kiyosaki

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