CA DEMS WARN PRIVATE CONTRACTORS CALPERS WILL DIVEST FROM THEIR PENSIONS IF THEY BUILD TRUMP WALL

Posted on March 22, 2017

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Mercury News: “Three California Democrats have a warning for contractors who sign up for President Donald Trump’s border-wall construction project between the U.S. and Mexico: Build it, and we will divest from your company. In the latest act of resistance against the Trump administration, the state lawmakers have introduced a bill that would force the state to drop its pension investments in any companies involved in the project.”

Zero Hedge last week: “California’s Calpers public retiree system is notoriously underfunded and doomed to implode.”

Who is really getting hurt by the divestment?

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Mercury News: U.S.-Mexico border wall fight: California considers divesting from companies involved in the project
Zero Hedge: Are Collapsing Pensions “About To Bring Hell To America”?

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Posted in: News, Politics