Dear Friends of JunkScience.com,
April 1, 2006 is the 10th anniversary of JunkScience.com. We’ve accomplished a lot through the web site over the last decade, but much more needs to be done – and we need your help.
I view the global warming controversy – particularly as it relates to energy availability and affordability, and economic growth – as one of the most important public policy issues of our time. Through our work educating both the public and policy-makers, JunkScience.com has helped stave off efforts to impose mandatory greenhouse gas emissions limits in the U.S. In spite of these successes, I believe we are closer than ever before to being saddled with economically harmful Kyoto Protocol-like laws and regulations.
Helping to bring about this unfortunate situation are some of America’s largest publicly-owned corporations including General Electric, Goldman Sachs, Citigroup, and Duke Energy, to name just a few. Corporate managements have been coaxed, cajoled, and coerced by environmental activists and their institutional investor allies into supporting mandatory greenhouse gas regulations and carbon taxes. Illogical as it may sound, some companies have even announced that they will lobby for greenhouse gas regulation.
For the most part, activist efforts to harness the power of publicly-owned corporations so as to advance their own social and political agendas have gone unchallenged. To remedy this situation, I helped launch the Free Enterprise Action Fund (www.FreeEnterpriseActionFund.com), a pioneering mutual fund designed to accomplish two goals for investors:
- Earn a market-based financial return from investing in the common stocks of Fortune 500 companies; and
- Provide a pro-free enterprise, anti-junk science ideological benefit through advocacy that promotes shareholder value and defends the American system of free enterprise from the onslaught of activist-sponsored attacks.
Counter-pressuring corporate managements on global warming/energy availability is a key effort of the Free Enterprise Action Fund. We are sponsoring, for example, global warming-related shareholder resolutions at General Electric, Goldman Sachs and JP Morgan Chase.
I am asking you to consider investing in the Free Enterprise Action Fund and to join our effort to counter corporate managements that are siding with global warming and other social activists.
Your support over the years has made JunkScience.com a key voice in the global warming debate. With your participation, the Free Enterprise Action Fund will work to keep our economy unburdened by global warming regulation.
Sincerely,
/s/
Steve Milloy
Publisher, JunkScience.com
Portfolio Manager, Free Enterprise Action Fund, www.FreeEnterpriseActionFund.com
An investor should consider the fund's investment objectives, risks, and charges and expenses carefully before investing or sending money. This and other important information about the Free Enterprise Action Fund can be found in the fund's prospectus. To obtain a prospectus, please call 1-800-766-3960 or click here. Please read the prospectus carefully before investing.
Mutual fund investing involves risk, including loss of principal.
The Free Enterprise Action Fund is advised by Action Fund Management, LLC., which receives a fee for its services, and is distributed by BISYS Fund Services Limited Partnership, which is not affiliated with Action Fund Management, LLC.
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