
Anderson: No CalPERS Investments in Iran
If Chuck DeVore’s no-terrorism-apologists-in-the-classroom legislation isn’t enough to make the left cringe this session (see blogdevore), Joel Anderson is now putting the screws to CalPERS, wanting to divest retirement funding in terrorism, specifically businesses investing in Iran. Joel announced AB 221 Monday and will hold a press conference on the bill this morning.
As well, his op-ed on the subject appears in the Union-Trib this morning. Anderson writes:
Given (the existing) legal restrictions, and the laser-like focus of America on fighting terror since Sept. 11, how can public employee retirement systems in the United States continues to invest hundreds of billions of public employees’ taxpayer-funded retirement funds in corporations doing business with countries that support terrorist groups? Why do we not do everything we can to assist our government in unplugging the life support of terrorist regimes?
I believe that California’s citizens and public employees will be appalled to learn that Iran, which is being sanctioned by the United… Read More