Posted on 12/05/2015 9:03:52 AM PST by Alas Babylon!
Great minds think alike (and read the thread before posting :-).
Great decision, DeBlasio. This is about the only investment that is probably keeping the funds sound, or close, depending on how many shares are owned. I’m sure the board members are doing their fiduciary duty and advising the Mayor that they could be sued for malfeasance by divesting a stock(s) for political reasons that are outperforming the market and by doing so cause lower rate of returns for the funds.
Sure Wilhelm, that’s all and well for you to say, but have you looked at the performance of Arms mfr’s these past seven years....hmmmm?
Not likely that any State agency holds those high performers, much to the regret of pensioners stuck with Kumbyah green stocks.
While you’re at it, tell ‘em to stop buying those Ottom Empire Bonds, they”re turkeys.
I see a win win situation on our part down in Dixie.
Typically obtuse economic advise from the Communist Mayor of NYC, “Red Bill” De Blasio: “Gun manufacturers are having another record sales year, especially those making the most popular firearm in the U.S., the AR-15. So sell all of your stock in those highly profitable, legal concerns. Never mind that public employee union pension funds are in decline. We can just squeeze the taxpayers harder!” CASE in POINT-NEVER take financial advise from a Commie! “Red Bill” is a fool.
The Five Family Commission in New York will be as happy as they were during prohibition.
Youse want guns, just visit any one of our Social Clubs and tellim’ “Guido sent me”.
Idiots.
Buy, Buy, Buy!
The Five Family Commission in New York will be as happy as they were during prohibition.
Youse want guns? Just visit any one of our warehouses and tellim’ at the door “Guido sent me”.
Police are civilians so they can't sell to police either, then.
Idiot.
While you are selling those shares deblabio, please short the hell out of them to!
Make them buy all “green energy” stocks Mr. Blowjobio.
Then you can be a Lefty hero.
No idea if it applies to local as well as the state.
That’s a great idea!
The stocks will be cheaper for me to buy! $$$
-unrepentant American capitalist
You are welcome, in advance.
He should tell them to divest of any clothing manufacturer that produces burkas and any Saudi company contributing to this problem.
Too true. That’s why Obamacare was really enacted. Our own Americans out of work or incapacitated and having to rely on welfare were already getting free medical. The gov’t had to make sure all the working class/middle class paid up additional monies to support the new continuous influx of non citizen welfare class, instead of stopping them pouring in. And most of them are illiterate, don’t speak English, and will be unable or unwilling to work forever. Pray for Paris, but throw in a few for America while you’re at it.
Oooops, think I got that on the wrong thread. Mea culpa.
Maybe he can move all the cities stock over to Facebutt and Uber. It’s never to late, right mayor?
We should dump Democrat politicians who favor pandering over defending the Bill of Rights.
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