Wednesday, May 09, 2018

The State Agency That Oversees My Retirement Doesn't Want Me to Have Retirement Pay

That's the most charitable explanation for this stupidity:
California's teacher pension fund is stepping up its efforts to persuade major national retail companies to quit selling assault-type weapons that are illegal in the state.

The $225 billion California State Teachers’ Retirement System plans to use its clout to nudge retailers to drop their remaining stock of guns that the California Department of Justice considers to be "assault-type weapons." 

If the retailers stay in the gun business, CalSTRS would attempt to unseat members of their boards of directors, and would consider divesting from the companies under a new policy it approved on Wednesday. CalSTRS plans to hire two new employees to carry out the program.
Unless there's a market I don't know about for unicorn farts,  I want my pension money invested in legal businesses that make lots and lots of money.

STOP PLAYING POLITICS WITH MY RETIREMENT MONEY, A-HOLES.

Read more here: http://www.sacbee.com/news/politics-government/the-state-worker/article210803839.html#storylink=cpy

1 comment:

Anonymous said...

Great post.