- Sat Feb 16, 2013 10:02 am
#19115
So, we have more stupidity and hypocrisy from liberals/democrats, and they are in fact harming the people they are beholden to, divesting their investments of Gun companies - those same companies that are making massive profits and benefiting their investors.
Since their justification is that they don't want to support companies based on this: "“There is no need to support these companies, whose products can destroy lives and shatter communities in the blink of an eye,”" why are they supporting companies like Automobile Manufacturers, Banks, Islamic connected businesses, with their investments?
"
NEW YORK (AP) — The $46.6 billion pension fund for New York City schoolteachers has sold its stock in companies that make guns and ammunition, city officials announced Friday.
City Comptroller John Liu said the Dec. 14 school shooting at Sandy Hook Elementary School in Newtown, Conn., prompted the fund’s board of trustees to review the system’s investments in the gun industry.
He said the board concluded that divestment would be consistent with the fund’s fiduciary standards and overall investment process.
“There is no need to support these companies, whose products can destroy lives and shatter communities in the blink of an eye,” Liu said. “Our investment portfolio gains nothing by doing business with these firms, and this is a sound decision that sends an important message about our commitment to addressing the plague of gun violence in every possible way.”
"
Since their justification is that they don't want to support companies based on this: "“There is no need to support these companies, whose products can destroy lives and shatter communities in the blink of an eye,”" why are they supporting companies like Automobile Manufacturers, Banks, Islamic connected businesses, with their investments?
"
NEW YORK (AP) — The $46.6 billion pension fund for New York City schoolteachers has sold its stock in companies that make guns and ammunition, city officials announced Friday.
City Comptroller John Liu said the Dec. 14 school shooting at Sandy Hook Elementary School in Newtown, Conn., prompted the fund’s board of trustees to review the system’s investments in the gun industry.
He said the board concluded that divestment would be consistent with the fund’s fiduciary standards and overall investment process.
“There is no need to support these companies, whose products can destroy lives and shatter communities in the blink of an eye,” Liu said. “Our investment portfolio gains nothing by doing business with these firms, and this is a sound decision that sends an important message about our commitment to addressing the plague of gun violence in every possible way.”
"
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