New York Lawmakers Call for Iran Divestment
New York state lawmakers on Sunday urged the state to divest its billions of dollars in pension funds from companies that do business in Iran, Syria, North Korea and Sudan, the Associated Press reported. "Do we really want our dollars going to our enemies?" said Democratic State Senator Jeff Klein. "Clearly, it seems strange that New York state is sending young men and women overseas, however we're not yet tapping our most important weapon, our pension fund." New York joins a growing number of states that have begun initiatives to divest from Iran and other terrorist states, including Florida, California, Ohio, Illinois and New Jersey. The divestment efforts come as Iran continues to defy international calls to halt its enrichment of uranium, a key step toward developing nuclear weapons.
Source: AIPAC – 19 June 2007