Couple of bullet points – one, the First Amendment is intended to counter government tyranny and lies ad so enable freedom and democracy to prevail– and two, a Texas pension fund sacks BlackRock
Couple of bullet points – one, the First Amendment is intended to counter government tyranny and lies ad so enable freedom and democracy to prevail– and two, a Texas pension fund sacks BlackRock
The pension fund case first, from here: Texas to BlackRock: Take Your Money and Shove It (substack.com) “The reason for this move is two-fold: The PSF derives the vast preponderance of its funds - more than $1 billion annually - from oil and gas revenues related to mineral rights bequeathed to it by the State of Texas in the West Texas Permian Basin.
On first point, not directly relevant but have you given any more thought to The Great Taking? If Webb is correct, pension funds will go under too, regardless of who's managing their investments.
Wish more states would take similar positive action, instead of simply watching what Texas is doing.
Right on
On first point, not directly relevant but have you given any more thought to The Great Taking? If Webb is correct, pension funds will go under too, regardless of who's managing their investments.
Yes! I’m so glad Texas is (at least in part) divesting of Blackrock and similar funds.