For years, liberals have urged corporations to be "socially responsible," meaning, "do what we want with your shareholders money." Over the past couple of decades, "socially responsible" mutual funds have become a popular option with TIAA/Cref and other bodies. Coupled with union pension funds, these institutional investors are becoming a growing force to push corporations to promote anti-market, pro-big government initiatives.

Now, along comes the Free Enterprise Action Fund, which has, among its investment objectives, "promote the American system of free enterprise." The Fund made a splash in the Wall Street Journal last month when it showed up at the annual shareholders' meeting for Goldman Sachs, and took its CEO to task for indulging his pet environmental causes with shareholders money. They've also been whacking at BP, for devoting about $100 million to an ad campaign on the dangers of global warming, rather than spending the money to maintain its facilities.

The Fund's investments are managed by Steve Milloy, publisher of the blog junkscience.com and author of Junk Science Judo.

This is not investment advice. But if you're into the idea of investing for a cause, you may want to check it out.