"It's about like the Dred Scott decision," said hedge fund partner and Donald Trump advisor Anthony Scaramucci.
Scaramucci was drawing a bizarre parallel between an 1857 Supreme Court ruling that held African Americans were not U.S. citizens and the recent U.S. Department of Labor fiduciary rule that requires financial advisors to retirement accounts to act only in the best interest of their clients.
When I first saw the headline and the quote, I wondered if it was a joke — a Saturday Night Live skit, perhaps? But upon further investigation, I was shocked to find that this hyperbolic twist of logic had actually happened.