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texastoast Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-19-06 05:47 PM
Original message
Invest in Blue Companies
I saw a couple of posts on this last week, but here's more or again.

http://money.cnn.com/2006/06/16/funds/blue_fund/index.h...

NEW YORK (CNNMoney.com) - Democrats who love to play the stock market now have a chance to really toe the party line.

Blue Investment Management said it plans offer its Blue Fund, which invests only in companies that give the majority of their political contributions to Democratic candidates and adhere to progressive values, the company announced in a SEC filing earlier this week.

. . .

Companies included in the mutual fund will also have to "act blue," according to Blue Investment Management, meaning they would have to employ business practices that respect human rights, work towards environmental sustainability and avoid dealing with such harmful products as tobacco and firearms.

But yikes--Liz Claiborne?? While Lizzie might give money to the Dems, almost all the labels of her pricey clothing say "Made not in the U.S.A." I wonder if she pays union wages overseas. :shrug:
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GreenTea Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-19-06 05:51 PM
Response to Original message
1. Buy Blue - Companies to support (and ignore).
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Ringo84 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-19-06 06:04 PM
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2. B&N
I knew there was a reason that I liked Barnes and Noble!
Ringo
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BadgerKid Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-19-06 06:46 PM
Response to Reply #2
3. and Starbucks within! n/t
.
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Odin2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-19-06 07:01 PM
Response to Original message
4. Call me cynical, but...
...I have a feeling that Blue companies are Blue because they view DLCers as better for thier bottom line the the Pukes, not because of a sense of altruism for the average American.
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