[JeepersFreepers]

Sub-headline: Obama's Labor Department Wants Retirement Portfolios to Divest their Fossil-fuel Holdings.

The Obama nightmare never ends. Now pension funds insured by Erisa will be forced to consider climate change as a primary investment criteria in lieu of maximizing investment returns.

If the link does not provide the entire article, Google the title.

[Logical me]

Destruction of Americans is still King Obama and his communists empire and is still happening. And will happen far beyond his being kick out of the White House because these things will take time to correct if ever.

[ProtectOurFreedom]

From here, it’s only a short hop to forcing all pensions to invest in bogus “socially responsible” companies. Eventually you’ll only be allowed to invest in companies that make products for brown and black people.

[MSF BU]

Superb piece by the WSJ; they should stick to pensions rather than immigration.

[taildragger]

Does anyone here talk to Financial Pro's post Dodd Frank? Disclose this, don't do that, check your bank account without you knowing, no separate emails even for a hobby. Have you ever known an actual fiduciary for a Pension Fund? I did a while back, it was a part time gig for an insurance agent I knew ( full financial planner but didn't work it ) and loved it. They tried to mimic large indexes with low risk. With that said, if he was still doing that duty do you realize how difficult you just made his life?

How about Utilities and like Dividend Generating Companies? If Utility "X" doesn't accept this Cass Sunstein "Nudge" and put in more friggen windmills or solar panels they are now the metaphorical equivalent of a Value Line 1 - 1 rating, in other words, they are screwed.

I have been saying it for the last 7 years, BHZero has been trying to de-capitalize anyone with capital. This is aimed at retiree's / investors in ole' fashioned blue chips that drive off a dividend. How dare you get a dividend, you didn't build that. This is also a regulatory stick to de-industrialize, part of the "de-growth" movement.

We Conservatives have been outplayed, and America is in Freakin' Shambles...

[Beagle8U]

Same article...without the pay-wall...

http://pension360.org/forcing-green-politics-on-pension-funds/

[PATRIOT1876]

They're STILL ginning up nonsense about climate change?!?!?!

It seems like there are billions of other topics more important than the sad streetwalker of junk science to be talked about.

Of all the debunked, foolish, Socialist, illogical, destructive, evil, hoaxes, Climate Change “science” takes the cake.

Remember, any time you see Bill Nye the Anti-Science Guy's lips moving, he's lying.

[Tolerance Sucks Rocks]

Global Warming PING!

[Brad from Tennessee]

Years ago it was stylish for Blue State public employee pension funds and labor union funds to hold big chunks of Times Company (NYT) stock. Then in 2004 it began to slowly slide—going from $49 to as low as $5 in 2011 then leveling off to $14 where it is today. These funds should be managed by private firms motivated by a desire to grow their clients’ holdings rather than some partisan agenda.

[Intolerant in NJ]

...sued for failing your fiduciary responsibilities...their primary fiduciary responsibilities are keeping the pension funds financially sound for the pensioners - screw the greenie weenies.....