Boycott California, New York, Delaware and Pennsylvania Bonds 
Author Message
 Boycott California, New York, Delaware and Pennsylvania Bonds

Quote:

> Despite the fact that Under Secretary of State Stuart Eizenstat stated that
> "State and local sanctions" against Swiss banks "are wrong both in principle
> and practice," California State Treasurer Matt Fong said on Thursday
> 7/1/1998 that the state would no longer deposit funds at Credit Suisse and
> UBS.

> This may well cost taxpayers tens of millions of dollars, given the fact
> that it reduces competition among banks, and impacts the interest rates
> states receive on taxpayer dollars on deposit.

> New York State, Pennsylvania, Delaware and New York City are threatening to
> join in.  Other jurisdictions may soon follow suit.

> Matt Fong is running for the US Congress in November.  He should not be
> allowed to pander to a narrow segment of the voting public, using taxpayer
> dollars.

> Call your State and Municipal treasurers, and advise them of your
> displeasure at taxpayer dollars being wasted so political campaigns can
> benefit.

> And if you really want your voice to be heard, tell your investment adviser
> and mutual fund companies you want to divest yourself of municipal and state
> bonds issued by jurisdictions that don't respect our right to the best
> returns on public money.

> Swiss banks have offered Holocaust survivors and their families $600
> million, "in addition to paying whatever sums a commission led by Paul A.
> Volcker determined were due based on bank records" (NY Times).  That's a
> fair and equitable settlement.

> Matt Fong doesn't know how much Swiss banks ultimately will owe Holocaust
> survivors.

> He needs to stop the politically-motivated posturing, and let negotiations
> continue without any further expenditures of money that doesn't belong to
> him.  If he can't be trusted with public funds, how can he be trusted in
> Congress?

> You can read about Matt Fong's shameful excess in Thursday 7/2/1998's issue
> of The New York Times and The Wall Street Journal.

Guess what ? Nobody cares... Have a nice day, and please don't use this
forum for political crapola.


Mon, 01 Jan 2001 03:00:00 GMT
 Boycott California, New York, Delaware and Pennsylvania Bonds

Quote:

> Despite the fact that Under Secretary of State Stuart Eizenstat stated that
> "State and local sanctions" against Swiss banks "are wrong both in principle
> and practice," California State Treasurer Matt Fong said on Thursday
> 7/1/1998 that the state would no longer deposit funds at Credit Suisse and
> UBS.

> This may well cost taxpayers tens of millions of dollars, given the fact
> that it reduces competition among banks, and impacts the interest rates
> states receive on taxpayer dollars on deposit.

> New York State, Pennsylvania, Delaware and New York City are threatening to
> join in.  Other jurisdictions may soon follow suit.

> Matt Fong is running for the US Congress in November.  He should not be
> allowed to pander to a narrow segment of the voting public, using taxpayer
> dollars.

> Call your State and Municipal treasurers, and advise them of your
> displeasure at taxpayer dollars being wasted so political campaigns can
> benefit.

> And if you really want your voice to be heard, tell your investment adviser
> and mutual fund companies you want to divest yourself of municipal and state
> bonds issued by jurisdictions that don't respect our right to the best
> returns on public money.

> Swiss banks have offered Holocaust survivors and their families $600
> million, "in addition to paying whatever sums a commission led by Paul A.
> Volcker determined were due based on bank records" (NY Times).  That's a
> fair and equitable settlement.

> Matt Fong doesn't know how much Swiss banks ultimately will owe Holocaust
> survivors.

> He needs to stop the politically-motivated posturing, and let negotiations
> continue without any further expenditures of money that doesn't belong to
> him.  If he can't be trusted with public funds, how can he be trusted in
> Congress?

> You can read about Matt Fong's shameful excess in Thursday 7/2/1998's issue
> of The New York Times and The Wall Street Journal.

You do realize that this is a nonpolitical forum, right? Or you don't
care, and yet assume that we care about your problem. Takes your issues
to the appropriate forum -- public, print, {*filter*}space, whatever -- just
not here anymore, OK, big boy ?


Mon, 01 Jan 2001 03:00:00 GMT
 
 [ 2 post ] 

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