I recall a disturbing incident many years ago where a black CA official, to promote the radical leftist agenda, described how they would use investments (or divestment) in CALPERs (the state pension fund) basically as a weapon. He openly stated that they no longer had to march or demonstrate anymore, as they controlled these funds.
The fact that nobody raised a peep when he stated this (again, openly) was very disturbing; American taxpayers aren’t funding these pension systems to create proxy forces for Al Sharpton. If De Blasio wants to end the city’s relationship with Wells Fargo Bank, let him show that it will have a positive impact on the city’s bottom line; otherwise, it is an outright abuse of power.
FWIW, I DESPISE Wells Fargo Bank.
Bet that Kaiser Wilhelm has no qualms about Wells Fargo’s
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