It’s about time that conservatives took up the divestment economic warfare practiced by the radicals. And United States funds should not be used to fund our enemies. If CalPERS can divest from fossil fuel companies, we can divest from the coronavirus commies.
President Trump is moving to cut investment ties between U.S. federal retirement funds and Chinese equities, FOX Business has learned in a move that is tied to the handling of COVID 19.
In the first letter written Monday, obtained exclusively by FOX Business, national security adviser Robert O’Brien and National Economic Council Chair Larry Kudlow write to U.S. Labor Secretary Eugene Scalia stating that the White House does not want the Thrift Savings Plan, which is a federal employee retirement fund, to have money invested in Chinese equities that numbers about $4 billion in assets.
I love how the letter adopts the “increased economic risk” and “humanitarian” metrics used so often by divestment lefties. That and the threat of “future sanctions” from the “culpable actions of the Chinese government with respect to the global spread of the COVID-19 pandemic.”