Tuesday, May 12, 2009

U.S. Mutual Funds to Divest From Israel

GOTCHA!!!!!

Related:
Congress Protests Outside of Israeli Embassy

"More firms invest with society in mind" by Mark Jewell, Associated Press | May 10, 2009

"I don't have any idea what ought to be done in the Sudan, but I don't want to help fund what is going on," Nancy Prindle, a Delaware, Ohio, woman who counts a handful of Vanguard Group funds in her retirement nest egg, said about the conflict in Darfur, where the United States accuses the Sudanese government of committing genocide.

The 63-year-old educational consultant said she was horrified to learn recently that five Vanguard funds invest in a Chinese company exploring for oil in Sudan.... A handful of large fund companies - among them T. Rowe Price Group and TIAA-CREF - are now confronting and even embracing the idea that they should screen out investments that may be linked to human-rights abuses abroad.

How about USraeli war crimes? That make the cut?

Vanguard says it has begun screening companies across all its 157 funds to identify any company "whose direct involvement in crimes against humanity or patterns of egregious abuses of human rights could warrant engagement or divestment."

That means ISRAEL and what they did in GAZA and LEBANON, right?

Related: The Double Standard of Divestment

The Best College in the Whole Wide World

PetroChina Co.'s oil exploration in Sudan provides revenue to the African nation's government - money that activists say perpetuates an ethnic-rooted conflict that the United Nations estimates has killed 300,000 people, and forced 2.7 million to flee their homes....

And for what USrael has done?

They have KILLED and DISPLACED FAR MORE!!!

See if you can find a mention of Israel in the jewspaper:

--more--"

And why is Sudan singled out?

See: Sudan Shuts Down Israeli Weapons-Smuggling Site