The Hill: GOP lawmaker accuses California public pension fund of investing in blacklisted Chinese companies
Rep. Jim Banks (R-Ind.) on Thursday said that he has written a letter to California Gov. Gavin Newsom (D) to voice concerns over the state's public pension fund chief and his connections with China.
The Indiana congressman is calling out the California Public Employees' Retirement System (CalPERS), the largest state pension fund in the U.S., for allegedly investing in numerous select blacklisted Chinese companies that manufacture military products.
The California-based fund invested $3.1 billion into 172 different Chinese companies, Banks said in an appearance on Fox Business Network. He said that some of the companies invested in have been blacklisted by the U.S. government.
Read more ....
WNU Editor: I guess it is OK now to invest in Chinese companies that are involved in China's arms and security industry
Update: The fund is defending its CIO and his investments .... CalPERS says call for probe into China holdings unwarranted (Pensions and Investments).
More News On California's Public Pension Fund Investing In Chinese Companies That Are Blacklisted By The U.S. Government
A U.S. Congressman Wants CalPERS CIO Ben Meng Fired -- Institutional Investor
Congressman Urges Firing of CalPERS CIO for Deep China Links, Investments -- Epoch Times
California public pension fund invested in blacklisted Chinese companies: congressman -- FOX News
5 comments:
It’s a variation of the dictum, “The capitalists will sell us the rope with which we will hang them,”
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Trump pardons ex-San Francisco 49ers owner DeBartolo Jr.
President Donald Trump has pardoned Edward DeBartolo Jr., the former San Francisco 49ers owner convicted in a gambling fraud scandal
--- Kevin Johnson / USA Today:
Federal judges' association calls emergency meeting after DOJ intervenes in case of Trump ally Roger Stone — WASHINGTON - A national association of federal judges has called an emergency meeting Tuesday to address growing concerns about the intervention of Justice Department officials …
Discussion: Talking Points Memo, CNN, Fox News, CNBC, The Guardian, The American Independent, Daily Kos, Law & Crime, Lawyers, Guns & Money, The Week, The Gateway Pundit, Common Dreams, Letters from an American, Axios, HuffPost, Redstate, POLITICUSUSA, The Hill and Raw Story
RELATED:
Quinta Jurecic / The Atlantic:
Imagine If a Democrat Behaved Like Bill Barr
Discussion: NB Blog, Daily Kos, The Week and HuffPost
Quint Forgey / Politico:
Trump threatens lawsuits over Mueller probeNEW!
Discussion: The Daily Caller, New York Times, Reason and One America News Network
Brett Samuels / The Hill:
Trump suggests he may sue over Mueller investigation
Discussion: JONATHAN TURLEY and Raw Story
MAGA
First, the parrot spit more stuff at the wall to see if it would stick.
What the Hell is this below except a waste of people's time by parrot?
"Discussion: Talking Points Memo, CNN, Fox News, CNBC, The Guardian, The American Independent, Daily Kos, Law & Crime, Lawyers, Guns & Money, The Week, The Gateway Pundit, Common Dreams, Letters from an American, Axios, HuffPost, Redstate, POLITICUSUSA, The Hill and Raw Story"
Second, the pardon of 49ers owner DeBartolo Jr. was a smooth move. Football players came out and defended it. If someone had spent more time knowing about what was going on instead of reading liberal dribble, they would know that football players love DeBartolo.
He treated them really well on away games. That is he treated them like valued coworkers and not serfs like Michael Bloomberg of Klobberchar would.
Third, Mueller should be sued. The government cannot be sued unless it allows itself to be sued. But just because you get a government paycheck, does not mean you cannot get sued, if you prosecute your government duties in bad faith. A bird brain will not see the difference, but did the rest of expect anything else?
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