Don’t Dishonor our Veterans by Forcing Them to Invest in China

2019-11-12

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This is Frank Gaffney with the Secure Freedom Minute. Tomorrow, just two days after the Nation paused to salute its veterans, an obscure federal board may blithely disregard their past service and abiding patriotic values. At issue is whether the federal Thrift Savings Plan will compel the retirement funds of past and present servicemen and women – and millions of other former and serving government employees – to be invested in Communist Chinese companies that help repress their own people and...

This is Frank Gaffney with the Secure Freedom Minute.

Tomorrow, just two days after the Nation paused to salute its veterans, an obscure federal board may blithely disregard their past service and abiding patriotic values.

At issue is whether the federal Thrift Savings Plan will compel the retirement funds of past and present servicemen and women – and millions of other former and serving government employees – to be invested in Communist Chinese companies that help repress their own people and threaten ours.

The board that oversees this pension system decided back in 2017 to do just that, starting next year. Its members are scheduled to revisit that decision on Wednesday, but their Wall Street advisors are urging them not to change course.

The U.S. financial sector may be getting very rich by selling us out to China. But it’s appalling and unacceptable to force people who love this country to do so.

This is Frank Gaffney.

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