The radical anti-abortion bill signed into law yesterday by the Governor of Alabama is a malicious assault on the rights and protections of women everywhere. This bill also represents an assault on the basic values of our country and of the State of Maryland.
I obviously have no direct control over the behavior of Alabama lawmakers who would thrust their religious interpretations upon those they are paid to represent, and who choose to weaponize their system of laws to punish women who are already experiencing great vulnerability.
However, I can work to ensure that Maryland's taxpayer dollars are not used to subsidize extremism. Furthermore, experience has shown that MONEY is the one thing that matters more to people of this caliber than their religious prerogatives.
It is in that spirit that, in my capacity as Vice-Chairman of Maryland's State Retirement and Pension System, I will ask our executive management to undertake a complete and thorough review of all relationships that we have with businesses located in the State of Alabama.
This will include a full inventory of assets that are invested in Alabama-based companies, as well as all investment managers, brokers and consultants that are headquartered, or have regional offices in that state. I will ask that this review and full inventory of business relationships be presented to the Board of Trustees on an expedited basis, so that we can hopefully initiate the process of full divestment from the State of Alabama.
In the meantime, I will ask that no System employees or trustees travel to Alabama under any circumstances - be it for professional conferences or meetings with current or prospective investment partners. It is my hope that this travel restriction would be replicated throughout Maryland state government as a whole.
It is my hope that this will put the "leaders" of Alabama, and those of other states who may be contemplating abusing public laws for theocratic gratification, on notice that this is, indeed, 2019. Gratuitous attacks on the freedoms and the well-being of women will come at a prohibitive price.