Speakout

Investment activisim

I just read in the Aug. 17/18 Standard Democrat about a group of nuns whose mission is to force changes in big companies through somehting called investment activism. The nuns invest what I assume is money they receive from charitable doantions in companies whose views and opinions do not align the nuns’ views and opinions on things like abortions, gender identity and issues involving LGBTQ+. Then the nuns force those companies to change their legal views, opinions and policies to conform to the views and opinions held by the nuns. I assume some of those changes negatively impact the companies’ bottom lines. In turn, that likely negatively impacts their investors’ investments, many of which are likely college and retirement funds. Some of those negatively impacted are likely members of the Catholic church. I wonder if the Biden/Harris Internal Revenue Service is looking into the nuns’ 503C tax exempt status? I doubt it. This investment activism is consistent with the overall Biden/Harris plan to redistribute wealth by taking it from the working class – promising to give it to the poor – but actually giving it to the far left, Democrat elites.