Friday, November 2, 2007

Loyola's newspaper is pretty liberal

A liberal college newspaper staff? I know, it's a shock. Here's what's going on:

Within the $100 million stock portfolio of Loyola University are hundreds of thousands of dollars invested in controversial companies like Halliburton, Clear Channel, Wal-Mart, Chevron and Dow Chemical.

Some students on campus are raising the question: Should a school founded on the Jesuit values of social justice hold stock in companies that at times could be seen to conflict with those values?

No, wrote the editors of the Phoenix, the student newspaper, in an editorial that ran this week.

It's always ridiculous when the left declares that some companies are evil. Wal-Mart has been possibly the greatest thing to ever happen to poor people in this country, given how they've brought a huge selection of items at low prices to every corner of the US. The others have done good things, too. So why does the left decide what companies are good? Every corporation has done some good things and some bad things.

It's not that every company is equal. If you don't like casino stocks, for example, I can respect that. But why pick on Wal-Mart as opposed to all retailers? I guess it's because they fight unionization, but NO company really wants a unionized workforce.

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