The Fact That Yale Graduates George Bush and John Kerry

question 51

True/False

The fact that Yale graduates George Bush and John Kerry were both members of the super-elite and secretive Skull and Bones Society is an example of money and connections giving elites access to political power.

---

Definitions:

Compounded Semi-annually

Interest calculation method where interest is added to the principal twice a year, increasing the amount on which future interest is calculated.

Bequest

A transfer of personal property or assets to a beneficiary as dictated by the will of the deceased.

Perpetual Fund

A type of investment fund that has no fixed maturity date, often aiming to provide investors with a steady income indefinitely.

Indexed Annuity

An annuity that earns interest or provides benefits that are linked to the performance of a specified index of the stock market.