web analytics
January 30, 2015 / 10 Shevat, 5775
 
At a Glance
InDepth
Sponsored Post


NY State Senate Should Pass The Iranian Disinvestment Bill

Last month in this space we noted that the New York State Assembly was considering legislation that would prohibit domestic insurers from including on their financial statements investments in companies that engage in investment activities in Iran. These financial statements are relied upon by the state to determine whether the company is solvent and able to pay claims. That bill has since passed the Assembly, but the New York State Senate is balking at passing it as well.

As we reported, the bill’s lead sponsor, Assembly Speaker Sheldon Silver, in explaining the rationale of the bill, said that while he “hope[s] this legislation further encourages divestment in Iran, it is my primary purpose to protect policyholders by making certain that the investments of our domestic insurers are financially sound…. Investments in a nation as volatile as Iran…should never be considered a sound investment.”

Passage of the bill is a no-brainer for anyone interested in furthering the interests of New Yorkers and Americans generally. The Senate should reconsider and quickly get on board. The legislature adjourns in a few days, so time is short.

More on this next week.

About the Author:


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

No Responses to “NY State Senate Should Pass The Iranian Disinvestment Bill”

Comments are closed.

SocialTwist Tell-a-Friend

Current Top Story
You are looking at an "armed insurgent" and not a terrorist, according to the White House.
Obama Wins War on Terror By Saying It Doesn’t Exist [video]
Latest Indepth Stories
Israeli-flag

At some point we need to stop simply defending and promoting Israel and start living in Israel

Rabbi Berel Wein

“We Jews are the only people who when we drop a book on the floor pick it up and kiss it.”

Rabbi Sholom Klass

Though Zaide was the publisher of The Jewish Press, a big newspaper,I always remember him learning

Sheldon Silver

Speaker Silver has been an extraordinary public servant since his election to the Assembly in 1975 and has been an exemplary leader of that body since 1994.

He spent the first leg of his daylong visit to the French capital at Hyper Cacher.

Drawing Congress into the Iran nuclear debate is the last thing the White House wants.

Great leaders like Miriam and like Sarah Schenirer possess the capacity to challenge the status quo that confronts them.

Obama’s foreign policy is viewed by both liberals and conservatives as deeply flawed

Many journalists are covertly blaming the Charlie Hebdo writers themselves through self-censorship.

Why does the Times relay different motivations and narratives for jihadists in Europe and Israel?

To defeat parasites-the hosts of terrorists-we need to deny them new people, potential terrorists

Combating Amalek doesn’t mean all who disagree with you is evil-rather whom to follow and to oppose

Desperate people take what they can, seizing opportunity to advance their main goal; the Arabs don’t

There was a glaring void in the President’s State of the Union speech: Israel.

More Articles from Editorial Board

He spent the first leg of his daylong visit to the French capital at Hyper Cacher.

In this particular case, the issue was whether the Arkansas prison system could prohibit, for security reasons, a devout Muslim’s maintaining a beard of a certain length as a matter of religious practice.

According to Natan Sharansky, director of the Jewish Agency for Israel, France was the largest source of Jewish emigration to Israel last year and he believes as many as 15,000 French Jews may make aliyah in 2015.

Despite the president’s respectable anti-terrorism record, he doubtless has little interest in being identified with anything that might suggest, however tangentially, criticism of Muslims or Islam.

One wonders what connection that rejection has with turning to the ICC, which would allow the Palestinians to bring war-crime charges against individual Israelis and is certainly one more step away from seeking a negotiated settlement.

In the NPR interview, Mr. Obama said Iran could become a “very successful regional power” if it agreed to a long-term nuclear deal.

Thus, despite the increasingly serious problems for the mayor arising out of the current anti-police protests, Mr. de Blasio apparently will be cut no slack by those who seem to be aiming for a significant role in running the city from the streets and who will do whatever they can to prevent their momentum from ebbing.

Despite strong pressure to throw the book at the accused, Mr. Thompson allowed him to plead guilty to assault.

Printed from: http://www.jewishpress.com/indepth/editorial/ny-state-senate-should-pass-the-iranian-disinvestment-bill/2013/06/19/

Scan this QR code to visit this page online: