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Keeping it Real
(Total Views: 152)
Posted On: 09/30/2019 6:24:56 PM
Post# of 51888
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Posted By: energy_wave
Federal retirement savings should not fund China’s Communist Party

Quote:
The Federal Retirement Thrift Investment Board—the body that manages the Thrift Savings Plan (TSP), the 401(k) for federal employees—wants to funnel the retirement savings of federal employees directly to China’s communist party.

Many Chinese companies included in MSCI indexes are state-owned or state-directed enterprises Beijing uses to undermine American workers. They are also involved in China’s military, espionage, human rights abuses, and “Made in China 2025” industrial policy.

America’s investors should never be a source of wealth funding the Chinese Communist Party at the expense of our nation’s future prosperity. If the Board refuses to publicly reverse this decision, Congress must act.



https://www.cnbc.com/2019/09/30/federal-retir...party.html

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