Posted on 06/28/2016 6:07:31 PM PDT by Lonely Bull
SAN FRANCISCO (KTVU) -- The San Francisco Board of Supervisors on Tuesday approved a measure that would ban the city employee retirement system from investing in companies that participate in firearm and ammunition manufacturing.
The resolution by the supervisors could have a ripple effect throughout the country as the debate about gun control grows in the wake of a mass shooting in Orlando two weeks ago at a gay nightclub that left 50 people dead and several others injured.
San Francisco Mayor Ed Lee is trying to gather support nationwide by asking the mayors of both Boston and New York to adopt similar legislation. New York Mayor Bill de of New York and Boston Mayor Marty Walsh could not be reached for a comment.
(Excerpt) Read more at ktvu.com ...
Stocks to buy—SWHC, RGR, OA, VSTO
Put all your money in Carbon Credits
I am keeping my RGR shares and there is no way in hell I am buying solar stocks.
I keep thinking that any companies thus affected should refuse to engage in business that would arm the San Francisco Police Department and the San Francisco Sheriff's Department (it's a consolidated city and county).
Maybe Black Lives Matter--with its august tradition of peaceful, meaningful protests--would be interested in advancing such a proposal.
Increased SF Police Presence Prompts Pride Parade Grand Marshals To Withdraw [Black Lives Matter])
The gun industry is one of the best investments out there right now... stocks jump every time the Dems make another gun control push in the wake of some high-profile incident.
I forgot to post this in post #1, but I quoted to the third paragraph to show that a bad idea in one city easily spreads to others when this bad idea is fashionable, even if the idea isn’t ultimately adopted.
Why have they not disarmed their police and security folks?
Quote:
“The resolution by the supervisors could have a ripple effect throughout the country.....”
You wish you sorry, hack propagandist.
Why have none of these mayors disarmed their city’s cops, or their own security details?
Do what you gotta do, social justice warriors. Because the true investors will recognize value and the money will find its way back into the stock.
You lefties never seem to learn.
I suggest that the city disarm all residents including the police and security guards.
I guess the stupid and financially inept mayor wants company so he isn’t the only idiot in the parade!
To mini-Marxist fools, Lee and Farrell. Always thinking of ways to hurt their own city.
They should think about investing in “Earthquake insurance” companies, not gun companies.
REMEMBER KATIE STEINLEE!
That’s right up your alley...liar.
Used the same tactic on South Africa.
(Yawn.)
Oh good. Another city screwing up their pension fund.
Yeah, awesome, invest in some losers. You can feel smug and morally superior. It doesn’t matter because ultimately the tax payers will be on the hook for your stupidity.
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