From Fox Nation: The vitriol from protesting Wisconsin workers towards the Kochs emerged quickly and intensely. Signs ranging between lame and vulgar (often both) dot the public-union marches.
But what the protesters don't realize is that they actually have a reason to root for the Koch brothers.According to the State of Wisconsin Investment Board (SWIB), the Wisconsin Retirement System owns $5.5 million in Georgia Pacific corporate bonds. (Georgia Pacific is owned by Koch Industries.) This is the retirement system in which the overwhelming majority of state and local employees participate. These are the pension benefits that public employees are trying so hard to protect.
So here's the challenge: Explain to a Wisconsin state worker that they are the ones helping fund the Koch brothers. Then sit back and watch the fun.
http://nation.foxnews.com/politics/2011/03/01/wisc-public-employees-invest-koch-owned-company
Unless, the investment came within the last two months, the investment was made or overseen by the Doyle Administration, a liberal Democrat administration.
Will the liberal pensioners who hate Koch return a small portion of their pensions in protest that is part of their pension?
At the Friday Night Café...
2 hours ago
I suspect that SWIB will be pressured to divest its holdings in Koch-owned companies, just as they were pressured to divest from companies that did business in South Africa back in the 80s. In fact, I think that was the last time people camped out overnight in the Capitol (after a few nights, Tony Earl kicked them out and they set up an apartheid-style shantytown on the Capitol lawn).
ReplyDeleteI highly doubt that. It's not Koch is abusing people. You may disagree with their politics but that's no reason to divest them from the SWIB. If it makes money for the pension fund, then leave the SWIB alone.
ReplyDelete