Obama's Illinois State Public Pension Scheme: Quotas For Minority Investing

The Washington Examiner looks into State Senator Barack Obama:

Obama and his cohorts targeted state officials in charge of pension funds for teachers, police and firemen, and regular government employees. Much as the Rev. Jesse Jackson had been doing for years to Fortune 500 corporations, Obama and the Alliance of Business Leaders & Entrepreneurs, or ABLE, demanded that the officials set aside at least 15 percent of pension assets for management by minority-owned investment companies.

Who cares about out performing the S&P 500? It's all about skin color and kickbacks in the form of campaign contributions. Just a reminder , remember this article when Illinois politicians begin to ask for a federal bailout.