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Judy Berry
Just read an article about a new law that would allow state pension fund managers to invest people's pensions into ESG programs that would not necessarily produce good returns. This is being done all in the name of promoting environmental, social, and governance programs (ESG). The person with the pension has no say so in how his money is being used but must trust the fund manager to invest wisely. Problem is, these pension fund managers are being pressured to place them in certain programs like wind and solar energy companies and companies that support CRT (Critical Race Theory) that may not yield as good a returns as other more traditional companies.
2 yr. ago
usadomains
2 yr. ago (E)
In response Judy Berry to her Publication
Trust the fund manager? In ESG?? Um, this is gonna end badly for retiree's. Sounds like they want everyone's money!