Records Reveal Walz, Legislators, AG, Auditor, Were Warned About Risks Posed By Proposed Forensic Investigation Into State Pension Mismanagement. Has Someone Been "Cooking The Books?"
When I read about the sit-in at Governor Walz's home because he would not divest the pension fund from companies contributing to the genocide in Gaza, I thought "No, not him!" for Vice President. But since then I've come to see him as Kamala's best choice by far among the potential picks. He's not Chris Murphy, but he's the most electable, has national experience, and has no negatives except the pensions. The others under consideration were unelectable or too conservative to be Democrats. And he may have been unable to divest the pension fund because of a state law against divestment that applies only to Israel!
People who want the fund divested must first work to have that law changed. I'm not sure Minnesota has the initiative process as we have in next-door North Dakota. If not, a law favoring one country that is doing serious wrong must be very unpopular, and Minnesotans should find a way to change it.
This has nothing to do with where investments are placed. It has to do with the fact that there is something very wrong with the portfolio results. This is what led to Madoff and other people being found to have been mismanaging or even worse stealing from these funds.
When I read about the sit-in at Governor Walz's home because he would not divest the pension fund from companies contributing to the genocide in Gaza, I thought "No, not him!" for Vice President. But since then I've come to see him as Kamala's best choice by far among the potential picks. He's not Chris Murphy, but he's the most electable, has national experience, and has no negatives except the pensions. The others under consideration were unelectable or too conservative to be Democrats. And he may have been unable to divest the pension fund because of a state law against divestment that applies only to Israel!
People who want the fund divested must first work to have that law changed. I'm not sure Minnesota has the initiative process as we have in next-door North Dakota. If not, a law favoring one country that is doing serious wrong must be very unpopular, and Minnesotans should find a way to change it.
This has nothing to do with where investments are placed. It has to do with the fact that there is something very wrong with the portfolio results. This is what led to Madoff and other people being found to have been mismanaging or even worse stealing from these funds.