Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
It doesn’t matter what Illinois invests in or what the returns are. The taxpayers have guaranteed Illinois pension funds an above-market rate of return. All shortfalls will be made up by the taxpayers so all investments Illinois makes are risk-free.
Yeah–but the important thing for mr frerich & friends is that all the righteous $6-figure$ sjw public sector promised ones can retire guilt free knowing they’re hard earned pension $ are not destroying the planet….live the illusion at the expense of the majority and still call yourself believer in liberal equality?
Virtue signaling gets expensive…for the tax payer…
“Now, a state law in Illinois changes the landscape in the US and establishes Illinois as an early adopter of ESG legislation.”
Early adopted? Or feckless naive fools?