The craziness continues to grow! The quiet Quakers are now trying to get companies to divest their investments in companies that do business with Israel. They along with the Presbyterian Church are trying to enforce their opinions regarding the Palestinian issue by using the same technique that was successfully used against South Africa.
It is amazing to me to see these religious organizations being taken in by the misinformation or shall we say propaganda that is constantly being the PLO and their Hamas co-conspirators. For example, have you seen the new hotels that are being erected in Gaza? Check out this site:
http://www.tripadvisor.com/Hotels-g660378-West_Bank_and_Gaza-Hotels.html and you will see something that is not seen on the nightly news.
The normal blather on the news is that both Gaza and the West Bank are slums of tent cities and filth everywhere. I think this site blows that idea away.
I would imagine that some of those in leadership of the Quakers and Presbyterian Church have not been to Israel, Gaza or the West Bank. If they had, I doubt that they would have promoted this miscarriage.
One can only hope that saner heads will prevail.
Quakers Now Targeting Israel Via Investments
Newsmax Staffers - Newsmax, July 3rd, 2011
A prominent national Quaker organization has joined a campaign urging a large retirement fund to divest its holding in companies it says profit from Israel's occupation of Palestinian territories.
The American Friends Service Committee (AFSC), a Nobel Peace Prize-winning Quaker group, announced its support of the “We Divest from Israel's Occupation” campaign, which has significant Jewish support.
The campaign asks TIAA-CREF, one of the world's largest retirement funds and manager of AFSC's employee accounts, to divest from companies including Caterpillar, Motorola, Elbit, Veolia, and Northrop Grumman.
Jewish Voice for Peace, which supports the campaign, said in a statement:
“This is the first time a client of the fund has joined the divestment campaign, standing with campaign leaders Jewish Voice for Peace and the more than 40 organizations who have already signed on, including Jewish, Christian, and secular organizations from across the country and Israel/Palestine.”
The AFSC board said they were joining the campaign “as a matter of conscience and an expression of our unwillingness to remain complicit with violence and oppression occurring daily in Palestine and Israel, which is contrary to all that we know to be true and right.”
In a letter to TIAA-CREF, Arlene Kelly, chair of the AFSC's board of directors, said the board “urges you to refrain from investing in any company that contributes to perpetuating the Israeli military occupation of the Gaza Strip, West Bank, and East Jerusalem, provides products or services to Israeli settlements, or provides products or services that enable violent acts that target civilians.”
John K.S. Wilson, TIAA-CREF's director of corporate governance, wrote back that the fund is “unable to alter our investment policy” in response to the AFSC's concerns.
“We are unable to create custom-made funds, which in essence would require all CREF participants to subsidize the cost of a fund that only a small percentage of clients might access.”
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