Viewpoints
Alaska State Pension Investments
By A. M. Johnson
June 18, 2007
Monday PM
Editor,
For public knowledge:
Our State of Alaska Pension (API) Investment board has placed
24% of available retirement funds with companies that are doing
business with the terrorist counties that are threatening or
are in the supportive act of killing Americans.
24% amounts to $1,643,523,059.00. The countries involved and
the number of companies doing business with them with investment
by the API
Iran- 68 companies
Libya-22 companies
North Korea- 8 companies
Sudan-25 companies
Syria-34 companies
It will be assumed that the Alaska Permanent Fund is making similar
investments and to a similar percentage, as this is the norm
range of investment percentage for all 50 States
It would behoove both the pension investment board, and the Alaska
Permanent Fund board review their investment holdings to diverse
both, and all State funds from any purchase of stock of any
companies doing business with these terror anointed countries.
Economic activity to reduce funds for these involved companies
will encourage them to discontinue doing business with these
countries or face the loss of billions of investment dollars.
All 50 states are guilty of investing their respective State
investment funds in these companies.
I would encourage all patriotic citizens reading this post, review this information (pdf). It would
be quite proper to notify any State legislators of any State
you may have access to and bring the situation to those in responsible
position to make changes or at the very least bring the matter
to the attention to them.
By restricting funds available for these companies, in turn putting
economic pressure on these rouge countries will serve effectively
with our military and foreign affairs efforts to make changes
in these countries governments.
It is the height of folly to fund companies doing business with
those who are killing our sons and daughters, Fathers, friends,
and other relationships.
I have sent the data to both Senator Stedman and Representative
Johansen and expect a quick positive response with action taken
to bring this matter into the public eye and legislative venue
for legislative statue action. It is the very lest we can do
for our country and our military.
Regards,
A.M.Johnson
Ketchikan, AK
Received June 16, 2007 - Published June 18, 2007
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