Posted May 16, 2018 12:00 pm by Comments

By Tom Knighton

Guns are icky. At least, that’s what numerous people in this country think.

However, they were more than willing to make a buck off of the gun manufacturers. Take the state of California (please?) and their teacher’s pension. While the state did everything the could to undermine the firearm industry, they used stocks from gun companies to help fund the retirement fund for their teachers.

More than a little hypocritical, if you ask me.

At least they’re considering becoming a little more ideologically consistent.

The California State Teachers’ Retirement System voted unanimously last week to enact a plan of engagement with the outdoor retailers in its portfolio — including Walmart, Dick’s Sporting Goods, Sportsman’s Warehouse, Academy Ltd., Big 5 Sporting Goods Corp. and Kroger — on the heels of high-profile mass shootings in Las Vegas and Parkland, Florida.

“As trusted fiduciaries for California’s … educators, the Teachers’ Retirement Board is dedicated to securing our members’ financial future during their retirement years,” said Harry Keiley, Chair of CalSTRS Investment Committee. “We’re taking steps to protect the CalSTRS portfolio, avoid reputational risk and increase the long-term value of the companies in which we invest, while also expressing sensitivity and empathy for …Read the Rest

Source:: Bearing Arms

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