Biden admin: Chinese investments in federal retirement fund ‘unfitting’
Former Reagan National Security Council Senior Director Roger Robinson Jr. weighs in.
Former Reagan National Security Council Senior Director Roger Robinson Jr. weighs in.
Despite bipartisan opposition from lawmakers in the House and Senate, the Federal Retirement Thrift Investment Board (FRTIB) yesterday proceeded to begin investing federal retirement savings from the Thrift Savings Plan (TSP) — the largest defined contribution plan in the world — in bad-actor Chinese companies.
Incredibly, at the stroke of midnight tonight, an obscure federal agency will enable the retirement savings of military men and women, past and present, and their civilian counterparts to be invested in companies controlled by the Chinese Communist Party.
As things stand now, the people who manage our federal retirement funds will mark Memorial Day with an egregious act of betrayal of our men and women in uniform, past and present, and their civilian colleagues. Based on my own experience serving our country, I think what they are doing by surreptitiously arranging for participants in the Thrift Savings Plan unwittingly to invest in companies owned or controlled by the Chinese Communist Party (CCP) is tantamount to treacherous sedition.
Weeks before the Chinese Communist Party unleashed the Covid-19 pandemic, its representatives participated in “Event 201,” a table-top exercise organized by, among others, Johns Hopkins Bloomberg School of Public Health. Its stated purpose was to see how a coronavirus pandemic could be used to strengthen world government.
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Former Reagan National Security Council Senior Director Roger Robinson Jr. discusses the lockdowns in Shanghai and Chinese, Russian companies still on the U.S. indexes.
Former Reagan National Security Council senior director Roger Robinson Jr. argues companies have dismissed Americans’ sentiment towards the CCP.