Thursday, March 3, 2011

Fwd: oy vey! WI unions and Koch Bros Industries

    Strange they are protesting the people they invest in.

-------- Original Message --------
Subject: oy vey! WI unions and Koch Bros Industries
Date: Thu, 3 Mar 2011 09:24:19 -0500 (EST)
From: claguerra245@aol.com
To: Rhomp2002@earthlink.net



Figures. WI State Worker Retirement System Owns $5.5 Million in Koch Industries Bonds
Wednesday, March 2, 2011, 10:54 PM
Youve just gotta love this
If the Wisconsin state employees hate the Koch brothers so much why does their retirement plan invest in Koch Industries Bonds?

Just wondering.
The Wisconsin Retirement System owns $5.5 million in Georgia Pacific corporate bonds.  GP is owned by Koch Industries.

 
The vitriol from protesting Wisconsin workers towards the  Kochs emerged quickly and intensely. Signs ranging between lame and  vulgar (often both) dot the public-union marches.
But what the protesters dont realize is that they actually have a reason to root for the Koch brothers.
According to the State of Wisconsin Investment Board (SWIB), the  Wisconsin Retirement System owns $5.5 million in Georgia Pacific  corporate bonds. (Georgia Pacific is owned by Koch Industries.)  This is the retirement system in which the overwhelming majority of  state and local employees participate. These are the pension benefits  that public employees are trying so hard to protect.
So heres the challenge: Explain to a Wisconsin state worker that  they are the ones helping fund the Koch brothers. Then sit back and  watch the fun.
 

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