Pennsylvania Firearm Owners Association
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  1. #1
    Join Date
    Sep 2007
    Location
    SomewhereWestPA, Pennsylvania
    (Allegheny County)
    Posts
    4,323
    Rep Power
    19183635

    Default PA Sen Costa trying to get Pa state pension funds to drop holdings in gun companies

    The PSERS pension fund has "passive" investments in Ruger, Olin, others. The just-defeated demoncrat Sen Costa wants all PA state pension funds to drop such stocks from their holdings.

    Keith Stolfer went on camera to effectively call it the BS it is - a smokescreen to dictate demoncrat rules.
    All of my guns are lubed with BACON GREASE.

  2. #2
    Join Date
    Oct 2006
    Location
    Cherry Tree, Pennsylvania
    (Indiana County)
    Age
    70
    Posts
    5,099
    Rep Power
    21474853

    Default Re: PA Sen Costa trying to get Pa state pension funds to drop holdings in gun compani

    Ex-senator Costa should know that the job of any pension fund administrator is to obtain the best return possible, from all legal sources, period. Start playing political correctness and you shortchange the fund.

  3. #3
    Join Date
    Nov 2006
    Location
    Elkland, Pennsylvania
    (Tioga County)
    Age
    73
    Posts
    2,528
    Rep Power
    3316721

    Default Re: PA Sen Costa trying to get Pa state pension funds to drop holdings in gun compani

    Some one in his area should respond to his effort with this

    " May the fleas of a thousand camels infest your arm pits."
    USNRET '61-'81

  4. #4
    Join Date
    Sep 2009
    Location
    Berkeley Heights, New Jersey
    Posts
    908
    Rep Power
    21474845

    Default Re: PA Sen Costa trying to get Pa state pension funds to drop holdings in gun compani

    Quote Originally Posted by rwilson452 View Post
    Some one in his area should respond to his effort with this

    " May the fleas of a thousand camels infest your arm pits."
    I know you didn't create it, but i'mma stealin' that.

    (my other go-to insult is "I have neither the time, nor the crayons, to explain it to you.")
    Member: NJ "undocumented" Felons Club

  5. #5
    Join Date
    Jan 2009
    Location
    My Castle/ Bucks County, Pennsylvania
    Age
    43
    Posts
    1,632
    Rep Power
    14105859

    Default Re: PA Sen Costa trying to get Pa state pension funds to drop holdings in gun compani

    Senator Costa should be trying to get PA out pensions period. State worker pensions will bankrupt this state one day.
    We must all hang together, or assuredly we shall all hang separately.-Benjamin Franklin

  6. #6
    Join Date
    Sep 2015
    Location
    zelienople, Pennsylvania
    (Beaver County)
    Posts
    683
    Rep Power
    19191985

    Default Re: PA Sen Costa trying to get Pa state pension funds to drop holdings in gun compani

    Fiduciary duty
    A fiduciary duty is the highest standard of care. The person who has a fiduciary duty is called the fiduciary, and the person to whom he owes the duty, is typically referred to as the principal or the beneficiary. It is their duty to maximize the return of investment.

  7. #7
    Join Date
    May 2006
    Location
    127.0.0.1, Pennsylvania
    (Lancaster County)
    Posts
    16,304
    Rep Power
    21474865

    Default Re: PA Sen Costa trying to get Pa state pension funds to drop holdings in gun compani

    I have to wonder how much money those funds made from gun sales during the Obamanation?
    Rules are written in the stone,
    Break the rules and you get no bones,
    all you get is ridicule, laughter,
    and a trip to the house of pain.

  8. #8
    Join Date
    Nov 2010
    Location
    Piney twp, Pennsylvania
    (Clarion County)
    Posts
    1,204
    Rep Power
    18595503

    Default Re: PA Sen Costa trying to get Pa state pension funds to drop holdings in gun compani

    Maybe they're offended by taking my taxes?
    It ain't what they call you, it's what you answer to.

  9. #9
    Join Date
    Apr 2009
    Location
    Quakertown, Pennsylvania
    (Bucks County)
    Posts
    3,608
    Rep Power
    21474849

    Default Re: PA Sen Costa trying to get Pa state pension funds to drop holdings in gun compani

    Quote Originally Posted by 7998 View Post
    Senator Costa should be trying to get PA out pensions period. State worker pensions will bankrupt this state one day.
    Since the pension deficit is estimated to be as high as $75 billion, that shouldn't take too long.

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