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I think we need to identify goals. I like the "Red Fund" idea, and since I already manage money, I will look into what licenses and legal hoops are required to create a "Red Fund" with all companies that are on our side. Marketing it and getting investors to participate is the second hurdle. The key is to make it profitable. Nobody would want to invest in a purely ideological cause, but if it makes a profit and serves the conservative agenda, that's a winner.

Next, the identification of like minded companies, products, and even movies that can receive a stamp of approval, or a thumbs down stamp. We need to identify how many conservative consumers we can get to sign up for an organization like that, and then use that economic carrot and stick to influence those company's behavior. We can cross market with socially conservative organizations, like churches too, so we can extend our reach outwards.

Finally, and this would be much later on after a large amount of capital has been raised in in the "Red Fund" or better yet the "Galt Fund Family" (The color red conjurs up red ink....), or whatever it becomes, we can selectively buy enough shares of problem companies to raie hell with their board of directors, if not gain an outright majority stake.

We have to think BIG here. A half-hearted effort will lead us nowhere, and we would need thousands of Freepers or other conservatives to agree to participate.

It can be done if we all can move in the same direction.

Crazy or briliant?

I would be interested in a “red” investment fund. I was contemplating moving my investments to international funds. All my investments are in retirement funds (401k and IRA).

I am also going to maximize my contributions to lower my taxable income as much as possible.

If you decide to do this and create a ping list, please add me to it.

Queries:
* As a money manager, do you feel apprehensive about the socialist agenda, stated and implied, that has swept into power as far as the safety of mutual funds?
* Do you think transferring our savings and IRAs to a Galt Fund is a better idea than cashing everything out NOW and sinking those dollars into tangible assets?
* Are you worried that the fedguv would feel they had the blessing of the people to "spread the wealth" and would feel they now had the moral authority to seize people's retirement accounts and savings accounts to share with those who have not saved as much as we have?

We have scrimped and saved and gone without and sacrificed for a decade to get to where we are now financially, and I am NOT going to let some commie bass-turds take our hard-earned savings to give to some degenerates who have spent every nickel they get on booze and bling.

I really would like to hear your opinion on this.