Yes On 1
Mar 12, 01:35 PM CST
Last Saturday, the Nebraska Democratic Party’s State Central Committee voted overwhelmingly to endorse Amendment 1 on the May 13th Primary ballot.
Amendment 1 seeks to remove outdated restrictions on how a public endowment can invest its money. In 1875, these restrictions were put into place to keep cities from investing in railroads. Today, public endowments are needed more than ever –– so it’s time to remove needless, antiquated restrictions on how they can invest their money.
According to the Yes On 1 website:
The average annual return for a bond investment is 5%. The average annual return for a mixed-fund stock investment is 9% – almost twice that of a bond. By earning more on its investments, public endowments will have more funds available to spend on their community projects.
More on the Web: http://www.yeson1.com
– by Eric Van Horn | Send this to a friend
