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San Francisco seeks to ban pension fund from investing in gun industry
KTVU ^ | Jun 28 2016

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 ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events; Politics/Elections; US: California
KEYWORDS: ammunition; banglist; boston; california; firearm; firearms; guncontrol; guns; investing; mayor; mayors; newyork; orlando; pension; pensionfund; pensions; sanfrancisco
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1 posted on 06/28/2016 6:07:32 PM PDT by Lonely Bull
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To: Lonely Bull
That's right...keep investing in Obama’s renewable energy ideas.
2 posted on 06/28/2016 6:08:45 PM PDT by ealgeone
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To: Lonely Bull

Stocks to buy—SWHC, RGR, OA, VSTO


3 posted on 06/28/2016 6:12:08 PM PDT by samadams2000 (Someone important make......The Call!)
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To: Lonely Bull

Put all your money in Carbon Credits


4 posted on 06/28/2016 6:15:07 PM PDT by butlerweave
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To: Lonely Bull

I am keeping my RGR shares and there is no way in hell I am buying solar stocks.


5 posted on 06/28/2016 6:16:28 PM PDT by Red in Blue PA (war is peace, freedom is slavery, ignorance is strength, obama loves America)
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To: ealgeone
That's right...keep investing in Obama’s renewable energy ideas.

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])

6 posted on 06/28/2016 6:16:28 PM PDT by Lonely Bull ("When he is being rude or mean it drives people _away_ from his confession and _towards_ yours.")
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To: Lonely Bull

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.


7 posted on 06/28/2016 6:20:21 PM PDT by thoughtomator (Wisdom is doing due diligence before forming an opinion)
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To: Lonely Bull

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.


8 posted on 06/28/2016 6:21:03 PM PDT by Lonely Bull ("When he is being rude or mean it drives people _away_ from his confession and _towards_ yours.")
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To: Lonely Bull

Why have they not disarmed their police and security folks?


9 posted on 06/28/2016 6:24:42 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: Lonely Bull

Quote:

“The resolution by the supervisors could have a ripple effect throughout the country.....”

You wish you sorry, hack propagandist.


10 posted on 06/28/2016 6:24:45 PM PDT by TTFlyer
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To: Lonely Bull

Why have none of these mayors disarmed their city’s cops, or their own security details?


11 posted on 06/28/2016 6:25:35 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: Lonely Bull

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.


12 posted on 06/28/2016 6:27:42 PM PDT by Paulie (America without Christ is like a Chemistry book without the periodic table.)
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To: Lonely Bull

I suggest that the city disarm all residents including the police and security guards.


13 posted on 06/28/2016 6:27:43 PM PDT by TexasGator
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To: Lonely Bull

I guess the stupid and financially inept mayor wants company so he isn’t the only idiot in the parade!


14 posted on 06/28/2016 6:29:00 PM PDT by RetiredTexasVet (The Mofia is a private crime family; whereas, the DOJ is the gov't's political crime family.)
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To: Lonely Bull

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!


15 posted on 06/28/2016 6:30:42 PM PDT by MadMax, the Grinning Reaper
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To: TexasGator

That’s right up your alley...liar.


16 posted on 06/28/2016 6:30:43 PM PDT by Osage Orange (FUBAR)
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To: TTFlyer

Used the same tactic on South Africa.
(Yawn.)


17 posted on 06/28/2016 6:33:33 PM PDT by alpo (Resist we much)
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To: Lonely Bull

Oh good. Another city screwing up their pension fund.


18 posted on 06/28/2016 7:06:20 PM PDT by FrdmLvr ("WE ARE ALL OSAMA, 0BAMA!" al-Qaeda terrorists who breached the American compound in Benghazi)
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To: Lonely Bull; ExTexasRedhead
Good! Now they will go broke even sooner. I can't wait for SF’s “indigenous population” to realize that their “government” has gone belly up!
19 posted on 06/28/2016 7:13:17 PM PDT by vette6387
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To: Lonely Bull

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.


20 posted on 06/28/2016 7:40:50 PM PDT by correctthought ("Obamunism is a temporary setback on the road to freedom" - Liberty Prime)
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