“We cannot afford to lose funding for law enforcement officers in exchange for a socially responsible investment policy.”

“Pension costs have crowded out and will likely to continue to crowd out resources needed for public assistance, welfare, recreation and libraries, health, public works, other social services, and in some cases, public safety.”

“It is easy to be a “socially responsible” investor with other people’s money. But when those politically manipulated pension portfolios fail to meet the retirement systems’ lofty investment return assumptions, it jeopardizes the financial health of the systems established to provide benefits to millions of government employees and that force taxpayers to make up the …

“Settlement outcomes may advance the political and personal interests of fund managers at the expense of fund beneficiaries.” “Shareholder Proposal Settlements and the Private Ordering of Public Elections”