Posted on 08/16/2004 5:53:35 PM PDT by take
Pension Money Flowing to Rogue States NEW YORK — Do you know where your investment cash is going?
If you are in a public pension fund, there's a good chance that you may be unknowingly investing in companies that do business in terrorist-sponsoring states.
America's largest and most prominent public pension systems invest between 15 and 23 percent of their portfolios in such companies, according to a report released Thursday by the Center for Security Policy.
"One of the things that has been of prominent concern to us as national security professionals is the role that financial, economic, technology and energy developments have on our security," the center's president, Frank Gaffney, said during a conference call with reporters.
To that end, it's vital to determine the extent to which foreign governments, their state-owned companies and others working with terrorist states have "contributed to the threat we face to our national security and, for that matter, to our individual security, as terror has come to the United States," Gaffney said.
The CSP report found that of the 87 public pension funds that provided data — which represents just a few companies doing business in rogue states (search) — the pension systems ranged from Rhode Island, with close to $400 million invested in 41 companies that are active in terrorist-sponsoring states, to the California Public Employee Retirement System, which has over $17 billion invested in 201 such companies.
(Excerpt) Read more at foxnews.com ...
Green Wealth: Funding the Enemy (TRACKING THE ENVIRONMENTAL MOVEMENT'S MONEY, POWER, AND HARM)
http://www.freerepublic.com/focus/f-news/1192080/posts
United Nations wages war on capitalism (Global Compact)
http://www.freerepublic.com/focus/f-news/1190580/posts
Heck, the US Tax system is directly supporting Arafat what do you want. A lot of very powerful people want terrorism for some reason.
Just ask your local jackbooted swat team member why he lusts after the latest version of grenade launcher. Why terrorism of course.
What they need are grenades with a little slot to stuff the warrent in. Ah necessity, the MOTHER of invention.
Terrorism is a real Mother of many bastard children, such as the new "anti-terror" laws. Just like the 1% Federal income tax, bastard children tend to grow bigger than their parents.
You've mellowed, haven't you? LOL
Thanks for posting this thread and links.
Please put me on your ping list for future posts.
Just a bit... -grin- worried about you guys.
Yes and who controls most pension money? Who do they march in lockstep to? Open your eyes America.
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