Wednesday, April 12, 2017

Where is CalPERS Investing Your Money? Would You Believe Trump's Mexico Border Wall?

Mod: As if driving entire cities into bankruptcy wasn't enough.

CalPERS says divesting from border wall, Dakota pipeline could hurt taxpayers (Sacramento Bee link) Leaders at CalPERS are voicing concerns about a set of bills in the Legislature that would compel that $310 billion pension fund to divest from politically unpopular projects, such as President Donald Trump’s proposed border wall and the Dakota Access Pipeline. Two of CalPERS’ top officers visited The Sacramento Bee Editorial Board on Tuesday to reiterate their worry that divesting from companies could hurt taxpayers and surrender the pension fund’s vote as a major investor.

“When you divest, you basically take our voice out of the debate,” said CalPERS Chief Operating Investment Officer Wylie Tollette.

The California Public Employees’ Retirement System is watching three bills that could force it and the California State Teachers’ Retirement System to shed certain investments.

They are:

▪  Divesting from companies that work on the Trump administration’s proposed border wall. Assemblyman Phil Ting, D-San Francisco, is behind AB 946.

▪  Divesting from companies that build or finance the Dakota Access Pipeline. Assemblyman Ash Kalra, D-San Jose, wrote AB 20. The CalSTRS board last week voted to oppose the bill unless it’s amended in such a way that it does not demand divestment.

▪  AB 1597 by Assemblyman Adrin Nazarian, D-Los Angeles, which would compel CalPERS and CalSTRS to cut their investments in Turkey. The bill is written as a response to the Armenian genocide of the early 20th century.

In February, dozens of environmental advocates crowded a CalPERS board meeting to urge the fund to divest from the Dakota Access Pipleine, the 1,100-mile project that would move oil through the Upper Midwest. The board declined to divest, but wrote a letter calling on banks financing the project to pressure its builder to consider rerouting the pipleline away from the American Indian tribe that led protests against it.

White House Press Secretary Sean Spicer is under fire for saying Hitler didn't use chemical weapons (Los Angeles Times link): White House Press Secretary Sean Spicer appeared to forget about the Holocaust when comparing Hitler with Syrian President Bashar Assad during a cringe-worthy televised briefing with reporters on Tuesday.

“You had someone as despicable as Hitler who didn’t even sink to chemical weapons," Spicer said, in an attempt to argue that Russia and other countries that are not standing up to Assad are on the wrong side of history.

Spicer's rendering ignored the horror of the Holocaust, where gas chambers were used as part of a genocide campaign that killed 6 million Jews as well as millions of others including Gypsies and gay people.

Mod: No words can describe the idiocy of these people.

sierramadretattler.blogspot.com

49 comments:

  1. I love it. The Progressive Libs are bitting their own hand that feeds them!
    It couldn't be more humorous.
    Now, the CalPERS Board and (D.) Lawmakers, have to argue against each other on "priorities", in the Land of Fruits and Nuts!
    Nevermind that tax payers are being drained of their money and their own retirement investments; supporting the retirement of State and Local employees. It is the Liberal agenda that has given pause! Ya gotta love the insanity of it all.

    ReplyDelete
    Replies
    1. Have a Spicer day!

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    2. "Next stop- Mar-a-Lago... all aboard!"

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  2. Has CalPERS invested in Kim Jung Un's nuclear missile manufacturing enterprises yet?

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  3. There is always the Chinese steel plants that make the Dakota oil pipes.

    ReplyDelete
    Replies
    1. Bashar al-Assad Gas Works.

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    2. Heard on the news today that LA Metro just awarded a Chinese firm about $170 million to build and supply a bunch of new rail cars for Metro. Why didn't Trump-ass require American built cars... ??j This one slipped by him when he was getting a comb-over I guess

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    3. L.A.Metro is the city of LosAngeles concern not the federal governments ...No surprise that the Chinese won the bid whom do you believe is putting in all of the mega-condominiums ?
      Instead of contemplating Trumps comb over you might want to take a Civics class so you have a better understanding of local,state ,and federal government and how they work or don't work.

      Delete
  4. TRUMP ADMINISTRATION LOSES AGAIN IN COURT -- THIS TIME ON VOTER ID
    Last February, the Trump administration abruptly abandoned the crux of the Justice Department's opposition to Texas' voter ID law. Government lawyers also asked the judge to delay her decision on whether the law intentionally discriminated against blacks and Latinos. Judge Nelva Ramos Gonzales rejected their request for a delay. And Monday, she ruled that the law "was passed, at least in part, with a discriminatory intent in violation of the Voting Rights Act of 1965."

    http://www.nationalmemo.com/trump-administration-loses-voter-id/?utm_campaign=website&utm_source=sd&utm_medium=email

    ReplyDelete
  5. Trolls get trumped again!

    Ukraine ‘Black ledger’ that forced Manafort out of Trump campaign exists — and he was paid at least $1.2M

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  6. 6:54am. Does that mean the the proposed photo ID on e-file will be discriminatory?

    ReplyDelete
  7. The people who run Calpers are either Crooks Liars or incompetent.... or all three.

    ReplyDelete
  8. Alt-trolls get trumped again!

    Trump Declines To Publicly Declare His Support For Steve Bannon
    “I like Steve, but you have to remember he was not involved in my campaign until very late.”

    Back to the swamp!

    ReplyDelete
  9. Does a Sanctuary City like Pasadena have an obligation to divest in CalPERS because of its investment in the border wall?

    ReplyDelete
  10. Turkey Wrangler,describes White House Press Secretary Mr. Spicer.
    The idiocy of "these" people in the press and a select few; are just like Turkeys left out in a rain storm, they will drown themselves.
    Turkeys require being directed away from self destruction.
    Progressives are like "Turkeys".
    "They" can not stop from self destruction.
    Anyone with common sense and listening skills, heard what was said by Mr. Spicer; there was no connection made.
    Unless "you" are a drama Turkey, that stays outside in a rain storm, and disregards your wrangler's directions.

    ReplyDelete
    Replies
    1. Spice Monkey apologized today to the entire world. Quite a change in the boy. From Rough Tough to Cream Puff.

      Delete
    2. Anger and ridicule in Israel over Sean Spicer's Hitler comments
      https://www.theguardian.com/world/2017/apr/12/israel-sean-spicer-hitler-assad-chemical-weapons

      Delete
    3. trump troll #1 equating the Jews of the holocaust to turkeys in desperate attempt to defend white supremacists

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    4. Trump troll is garbage.

      Delete
  11. 5:35am. Call him, Spicy.

    ReplyDelete
  12. 7:42am. Maybe will all will get lucky and the Progressive Lawmakers in Sacramento will pass those bills and designate California as a Sanctuary State.
    Then the CalPERS Board will find themselves in similar legal strangle holds, that tax payers in California have been forced into.

    ReplyDelete
    Replies
    1. Secretary of State Rex Tillerson meeting with V. Putin right now, ahead of the joint media conference.

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    2. Yesterday the story was Putey refused to meet with Tillerson. How shocking that this all changed.

      Delete
  13. Dumb Trolls getting trumped multiple times today:

    However, PolitiFact has found that Trump’s claim to have not known Bannon until last year is completely at odds with what he said when he first announced he was bringing Bannon and top adviser Kellyanne Conway on board to run his campaign.

    “I have known Steve and Kellyanne both for many years,”‘ Trump said at the time. “They are extremely capable, highly qualified people who love to win and know how to win.”

    Additionally, PolitiFact points to a report from Real Clear Politics’ Rebecca Berg that claims Trump first met Bannon in 2011, while also noting that Trump appeared on Bannon’s talk radio program at least nine different times before Bannon came aboard as his campaign manager.

    ReplyDelete
  14. 8:47am. Turkey trophy goes to you. R E A D, and L I S T E N, before rambling.
    Progressives drowning in lack of analytical skills.
    Thanks for proving my post.
    Now; how bout those Russians?

    ReplyDelete
    Replies
    1. More content free commentary from Trump Guy.

      Delete
    2. What post, where is your blog site? You mean your anonymous irrational comment?

      Delete
    3. Troll supremacist!
      Blind obedience!
      Gets trumped everyday and returns for more!

      Delete
    4. We'll have to start calling him Lumpy.

      Delete
    5. Obama was not a master diplomat he was community organizer under the auspices of Saul Alinsky and his B.S. Rules for Radicals ...gag!

      Delete
  15. Syria on notice and Navy seals on their way to remove North Korean leader. You gotta love the Trump Team.

    ReplyDelete
    Replies
    1. Seals on their way to N. Korea? Thank you for sharing a top priority national security secret here on The Tattler!

      Delete
    2. Ah, more war. Exactly as expected.

      Delete
    3. Time to dust off my old DVD copy of "Wag the Dog."

      Delete
    4. If life gives you lemmings, make lemming ade.

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    5. Saber rattling fools for corporate profit. Obama was a master diplomat. I miss that guy

      Delete
  16. Alt-rightard Lemmings and racist turkeys on today's menu.

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  17. Trump and company are going to gwt uz all killed.

    ReplyDelete
  18. Old Chinese saying: Kill the chickens to scare the monkeys. But the monkeys are seeing right through the Trump fakery. Oh well.

    ReplyDelete
  19. All those months of denial, fake right-wing news and bl NF obedience... the trolls get trumped AGAlN!

    WASHINGTON ― President Donald Trump’s former campaign manager Paul Manafort will register with the Department of Justice as a foreign agent, according to reports by The Associated Press and NBC News. That's what he second crooked foreign agent in Trump's cabinet.

    LOCK UP ALL THE CROOKED TRUMPTARDS AND THEIR LEMMING ROADKILL TROLLS!

    ReplyDelete
    Replies
    1. They going to have to open up an entirely new Trump Wing at Leavenworth to hold all of this administration's traitors.

      Delete
    2. Trump white collar chain gang can build stupid wall while devoted turkey trolls fan them with banana leaves

      Delete
  20. Another bad day for trolls:

    Trump Drops Campaign Promise to Label China a Currency Manipulator

    Trumped again! Just like we said you'd be.

    ReplyDelete
  21. Is anyone buying into this theater?

    I'd call my attitude about Trump and this whole things with Russia might be at an all time nonsense low dubious at best.

    There's a reason Tillerson dumped his press pool today. And it's because this is all phony as hell. A $7 bill has more value.

    Who knows the the real reason he does anything but IMHO this is all so he can flex his "muscle" and resolve the "conflict". That way he can claim it as a win and his supporters will slurp it down and ask for seconds.

    It's all bs. They're wagging the dog.

    ReplyDelete
    Replies
    1. They're In the Loop
      http://www.imdb.com/title/tt1226774/

      Delete
    2. Why make a promise to label China when any thinking person knows it's a fact ...Duh!

      Delete