[antimedia] antimedia: No here's an idea I can support....

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Mon Apr 23 23:07:59 EDT 2007


Posted by antimedia:
No here's an idea I can support....
http://www.antimedia.us/posts/1177384074.shtml


   ....Remember when there was a big push to get firms to divest
   investments in South Africa to pressure it to end apartheid? Well,
   what would you think of pressuring investment firms to divest
   investments in firms that [1]do business with terrorists and
   terrorist-supporting countries?

     "Terrorism Investments of the 50 States" is the first national
     security-based statistical analysis of the investment patterns of
     America's public pension funds. This report proves empirically that
     this nation's largest and most prominent public pension systems
     tend to be heavily invested in global publicly traded companies
     that have business activities in terrorist-sponsoring states. 1
     Together, these funds invest over $1 trillion in stock alone2 on
     behalf of this country's fire fighters, police officers, teachers,
     state and local officials and other public employees, making this
     collection of funds one of the most powerful investment blocks in
     the world. Given this extraordinary financial influence and the
     important role played by public companies in the economies of
     terrorist-sponsoring states3,the Center for Security Policy has
     reached a key finding: America's 100 largest and most prominent
     pension systems have the power to help defeat terrorism.

   I like it. We're the richest nation in the world. Many nations that
   hate us get rich from our investments in their economies. It's time to
   hit them where it really hurts -- in their pocketbooks.
   The heck with trying to convince them there's a better way. Let's
   squeeze them dry until they beg for relief. Then we can "negotiate" on
   our terms -- stop supporting terrorists or prepare to be sucked dry.

References

   1. http://www.divestterror.org/report.html



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