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08/04/2005: "Keeping it in the family"

Since the 1980's, progressives have been able to invest in SRI's (socially responsible investments). Now the religious right have MRI's (morally responsible investments). The Timothy Plan helps the Bible influenced investor to avoid organizations that pollute "family values." The group avoids Merck & Company for fetal tissue research, Procter & Gamble for donating to Planned Parenthood, Amazon.com for officially recognizing gay and lesbian groups. The group also pushed The Girl Scouts, General Mills and Target to end contributions to Planned Parenthood by boycotts and letter writing campaigns. Arthur Ally, the Timothy Fund’s founder, describes Cosmopolitan and Glamour as the “most blatantly aggressive soft core pornographic magazines in America.” Arthur Ally was formerly vice president at Shearson Lehman Brothers and started the Timothy Plan in 1994 as his “ministry” with a single fund for pastors. According to Covert, it now runs nine mutual funds, amounting to investments of $345 million and has grown tenfold in five years. Of course it is no surprise that God's chosen find no problem investing in arms-makers, military contractors, or companies with poor environmental records.

Info taken from Guerrilla News Network.