Alexandria Ocasio-Cortez

@AOC ↗

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Last Checked Dec. 9, 2021

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Thu Oct 21 18:40:38 +0000 2021

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Alexandria Ocasio-Cortez @AOC

I sit on the Financial Services Cmte & often see how Wall St leverages risky &/or unpopular investments onto public pensions, taking bets and setting up workers to hold the bag. As fossil fuels sink in popularity, pension funds have been an important source for fossil fuel $. — PolitiTweet.org

Posted Oct. 21, 2021

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Alexandria Ocasio-Cortez @AOC

Pension funds are massive pools of money that fund retirement for teachers, city workers, and other public employees. These funds invest throughout our economy, & the sheer size of pension plans in the US economy (~$5.5 trillion according to @PensionDialog) make them powerful. — PolitiTweet.org

Posted Oct. 21, 2021

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Alexandria Ocasio-Cortez @AOC

That’s where workers come in to spark change. By demanding their retirements be divested of fossil fuels, workers and voters are precipitating large shifts of $ out of big oil, gas,etc. That amps up pressure & leaves companies like Exxon w/ fewer places to get fossil fuel money. — PolitiTweet.org

Posted Oct. 21, 2021