Political Quotes

“To the Honorable Michael Kennedy, Chairman, Federal Retirement Thrift Investment Board, Washington, DC. Dear Chairman Kennedy: We write in advance of the Federal Retirement Thrift Investment Board's upcoming October 28, 2019 meeting to urge the reversal of the Board's previous decision to track the MSCI All Country World ex-U.S. Investable Market Index, (ACWI ex-US IMI) fund for investments made in the Thrift Savings Plan . . . International Stock Fund. . . . As noted in previous correspondence, this decision would effectively invest the retirement savings of America's civil servants and military personnel in constituent companies of the ACWI ex-US IMI that assist in the Chinese government's military activities, espionage, and human rights abuses, as well as many other Chinese companies that lack basic transparency. The constituent firms of MSCI ACWI ex-US IMI include military contractors to the People's Liberation Army, like the Aviation Industry Corporation of China and China Unicom, which supply military aircraft and telecommunications support to militarized artificial islands in the South China Sea. It also includes firms like Hangzhou Hikvision Digital Technology, which was recently added to the U.S.…”