NYC pension fund takes a pass on firearm industry profits

[mcurrier]

NYC pension fund takes a pass on firearm industry profits

 

http://www.gopusa.com/news/2013/02/15/nyc-pension-fund-takes-a-pass-on-firearm-industry-profits

[mikegideon]

They should put their money in green energy

[mcurrier]

Yeah, that or Govt. Motors

 

[Dolomite_supafly]

I bet those who rely on those investments will be up in arms.

 

I wonder how many would sacrifice money for their principles? I am willing to bet not very many.

 

Dolomite

[Sam1]

the ammo manufacturers should give them exactly what they want then and refuse to sell ammo to any of them for any reason.

[vontar]

I just hope this isn't trading on inside information that we know congressmen get away with.  Pulling money out before they know they are going to change laws.

[Dolomite_supafly]

I just hope this isn't trading on inside information that we know congressmen get away with.  Pulling money out before they know they are going to change laws.

 

Now that makes more sense than doing it on principle.

 

Dolomite

[mcurrier]

I just hope this isn't trading on inside information that we know congressmen get away with.  Pulling money out before they know they are going to change laws.

 

How do you think someone goes to D.C. with a net worth of $200,000 and comes home 30 years later with $50 Million.

[glock55]

I just hope this isn't trading on inside information that we know congressmen get away with. Pulling money out before they know they are going to change laws.

This would be my bet. If their conscience bothers them that bad let them return all the profits they made from gun money or donate it to the victims of these madmen. Edited February 16, 2013 by glock55

[10-Ring]

It would completely serve them right if every single maker of guns, ammo, and tactical gear refused to do any business with these restrictive municipalities at all.  It would completely be throwing a ban in their face.  "You want a gun ban?  Then you can't have any either."  It would do these states right if all of the big gun manufacturers that call these states home would move operations to a gun friendly state.  I've heard about a lot of gun people moving away from these states and I've heard of manufacturers looking to do the same.  Of course there will always be that one company that puts money over principals that will supply them.