Trade24 makes sure to follow all the rules according to Halacha of which one can invest and lend money.
The recent call by NYU’s chapter of Students for Justice in Palestine (SJP) for TIAA-CREF to divest holdings in targeted companies doing business in Israel is part of a troubling trend that exposes dangerous radicalism on campuses disguised as efforts at achieving social justice.
In 2010, for instance, student-led groups at both UC San Diego and UC Berkeley introduced initiatives to demonize Israel once again in the court of world opinion. One effort, disingenuously named “UCSD Divest for Peace,” was aimed at divesting university funds from U.S. companies which benefit Israel and which take a “non-neutral financial stance in the occupation of Palestinian territories.”
The Berkeley initiative, endorsed by 41 students groups in March 2010 and cynically named “A Bill in Support of UC Divestment From [Israeli] War Crimes” was promoted by an anti-Israel effort named the “U.S. Campaign for the Academic and Cultural Boycott of Israel.”
The latest NYU effort, an “Open Letter to TIAA-CREF CEO and President Roger W. Ferguson from NYU Faculty and Staff,” signed by over 70 members of the NYU community, has as its purpose “to pressure TIAA-CREF into divesting its holdings in 5 key companies which profit from the illegal Israeli occupation and oppression of the Palestinians.”
It has at its core the same baseless accusations and libels against Israel, namely, that a company like Caterpillar “sells the bulldozers used by the IDF to destroy Palestinian homes, infrastructure, and fruit and olive trees;” Elbit Systems provides “drones used to kill Palestinian and Lebanese civilians;” Northrop Grumman builds weaponry that “Israel needs to defend itself from crowds of children throwing stones;” Veolia “operates a light-rail system linking Israel’s illegal settlements to Jerusalem;” and Motorola “manufactures surveillance equipment for Israeli checkpoints” [emphasis added]. Advertisement
These companies, it is asserted by SJP, are not only complicit in the slaughter and oppression of the completely innocent Palestinians, but the firms profit, in an immoral and rapacious way, from the suffering caused by their occupation and dispossession.
Clearly, there is no historical context to these outrageous claims, no moral balance, no acknowledgement of Israel’s existential threats from Hamas, Hezbollah, and other of its genocidal neighbors – only condemnation for being an oppressive, racist, murderous colonial settler state, illegal, in the view of activists, under international law.
This core sentiment has come to define the Boycotts, Divestment, and Sanctions (BDS) movement, the notion that the repeated defamation of Israel will result in its eventual expulsion from the supposed civilized community of nations. But the call for divestment is merely a tactic through which Israel will be marginalized, and eventually extirpated, as a pariah state with no moral justification for existing.
Thus, Students for Justice in Palestine, which gives public expression to notions of “social justice” for everyone in the Middle East but actually means justice for the Palestinians alone, admits, when pushed, that the sole underlying purpose of its calls for divestment is not, as is frequently though falsely described as creating a Palestinian state that will exist “side by side with Israel in peace,” but actually as a new entity that will either economically, militarily, or demographically subsume Israel.
The moral benefit to casting the Palestinians as the perennial victims, of course, is that it makes it easy for SJP and other apologists for terror to justify homicidal aggression against Jewish targets as a legitimate means of “resistance” to occupation – a legitimacy they claim as a right under the intellectually contorted precepts of international law, which has given NGOs, stateless actors, and radical movements the same rights as democracies engaging in self-defense.
SJP and others repeatedly use this intellectual ploy to promiscuously demonize Israel, not to mention to justify terrorism as an acceptable tool in the Palestinian struggle for self-determination. “Resistance is justified when people are occupied!” screamed SJP demonstrators at an NYU rally held last April.
“Divestment campaigns and requests for institutional divestment,” a University of Wisconsin guide for BDS radicals reveals, “provide debate material that places Palestine solidarity groups in the most favorable position to present their case. No other form of activism has generated as much debate and attention towards the plight of the Palestinians as does divestment. No other approach has presented the Palestinian struggle in a more positive light than does divestment.”
About the Author: Richard L. Cravatts, Ph.D., is president of Scholars for Peace in the Middle East and author of “Genocidal Liberalism: The University’s Jihad Against Israel & Jews.”
If you don't see your comment after publishing it, refresh the page.
Comments are closed.
The purpose of an attack on Joseph’s Tomb is to murder Jews at prayer and destroy a Jewish holy site
A nuclear Khomenist Tehran will be a threat to Western democracies and to Jerusalem in particular
The MONSTERS of Nebi Saleh know well the damning, visceral impact of powerful, deceitful imagery.
In recent years, there has been a big push to grow and develop American Football here in Israel.
Unlike Judaism & Christianity which honors “truth,” Islam pursues “Taqiyya,” strategic lying
Yashar Lachayal’s mission is to learn what IDF soldiers’ need and get it to them when they need it.
Corbyn leading the Britain’s Labour Party polls, describes Hamas & Hizbullah as England’s “friends.”
The convicted murderer was released from Israeli prison with more than two dozen other sociopaths
JCF is a donor/supporter of The New Israel Fund which supports BDS & wants IDF soldiers prosecuted
The ‘Peace Industry’ promotes its adherents; weak leaders, both military & political, is the result
The conundrum for US Labor Zionists: Lobbying for Iran deal while Israel’s Left lobby’s against it.
What does the Torah want from our small nation described as “they who struggle with God & with men”?
The primary objective of this conference was to question the fundamental legitimacy of Israel itself
Only in the inverted world of academia would Jewish professors denounce the AMCHA Initiative report.
Rather than serving as a deterrent against terrorist attacks, Israel’s military strength and capabilities are instead looked at as an unfair advantage in the asymmetrical war in which it finds itself.
The multiculturalism that animates the hate-Israel crowd is sprinkled with code words of oppression
Jews do not fare well on campuses these days, particularly in the context of the debate over Israel.
The cynical, and historically and factually inaccurate, view has meant leftists frequently denounce Western democracies as imperialistic, racist, militaristic oppressors.
What was unique about the MLA’s and the ASA’s approach was the breathtakingly Orwellian notion that not only was Israel itself guilty of the many alleged transgressions assigned to it by its libelers, but a boycott against Israeli academics was warranted because the academic establishment itself is complicit in Zionism’s excesses and a core element of the bemoaned occupation, oppression, and denial of Palestinian self-determination.
Printed from: http://www.jewishpress.com/indepth/opinions/the-disingenuousness-of-divestment/2011/10/18/
Scan this QR code to visit this page online: