web analytics
October 26, 2014 / 2 Heshvan, 5775
At a Glance
News & Views
Sponsored Post
Meir Panim with Soldiers 5774 Roundup: Year of Relief and Service for Israel’s Needy

Meir Panim implements programs that serve Israel’s neediest populations with respect and dignity. Meir Panim also coordinated care packages for families in the South during the Gaza War.



Judge Throws Out Suit Calling on Minnesota to Divest its Israeli Bonds

Judge Margaret Marrinan and the Ramsey County courthouse.

Judge Margaret Marrinan and the Ramsey County courthouse.
Photo Credit: Minnesota Judicial Branch website

MinnPost reports that Ramsey County Judge Margaret Marrinan has dismissed a lawsuit looking to force the state of Minnesota to sell the $18 million in Israeli bonds which is held in its portfolio.

Four groups and 23 individuals filed the lawsuit in 2011, arguing that the bonds were supporting settlements that had been deemed illegal under international law.

They also argued that Minnesota law does not allow investments in foreign countries other than Canada.

Judge Marrinan threw out the suit, ruling that the plaintiffs do not have standing to file it, stating that “the authority to make social, political and economic policy decisions of the kind Plaintiffs complain about in this case resides with the Legislature and the SBI [State Board of Investment], not this Court.”

Tthe judge noted that even if the plaintiffs did have standing, Minnesota law permits the Minnesota Board of Investment to purchase international securities wherever it sees fit.

Steve Hunegs, executive director of Jewish Community Relations Council of Minnesota and the Dakotas, issued the following statement:

“Divesting from the State of Israel, the only true democracy in the Middle East, one of our nation’s strongest allies, and an important trading partner for the State of Minnesota, is wrong. Minnesota’s investment in Israel reflects Israel’s strength in high technology, medical research, and agricultural innovation, which benefits all the people of Israel, the Middle East, and the entire world.

“Minnesota’s long standing investment in Israel bonds dates back to 1993.  The State’s support for Israel and its investment in Israel bonds is bipartisan and has been supported by successive governors from Gov. Arne Carlson to Gov. Mark Dayton.”

District Judge Margaret Marrinan apparently possesses the gift of gab. Last year, when she presided over the Jury conviction of a St. Paul priest accused of sexual misconduct, the defense attorney said he would seek a probationary sentence, to which judge Marrinan responded: “The court will direct the defendant to bring his toothbrush” when he appears for sentencing…

About the Author: Tibbi Singer is a veteran contributor to publications such as Israel Shelanu and the US supplement of Yedioth, and Jewish Business News.


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 “Judge Throws Out Suit Calling on Minnesota to Divest its Israeli Bonds”

Comments are closed.

SocialTwist Tell-a-Friend

Current Top Story
Terrorists attack Israeli soldiers with a Molotov cocktail in Arab village near Ramallah.
Palestinian Authority-American Shot Dead while Trying to Kill Jews
Latest News Stories
Liberman and Ariel

Minister of Foreign Affairs, Avigdor Liberman (L) speaks with Israel’s Minister of Housing and Construction Uri Ariel during a cornerstone laying ceremony for a new Synagogue in the community of Nokdim in Eastern Gush Etzion, on October 23, 2014. Nokdim is Liberman’s home town. This is what we think they spoke about.

Egyptian President Abdel Fattah al-Sisi declared a three-month state of emergency Saturday after terrorists carried out a deadly assault in the northern Sinai, killing 33 Egyptian troops. Al-Sisi charged that “this operation had a foreign fund to execute” he attack against the Egyptian army… to break the back of Egypt and Egyptians.” A car bomb […]

Israeli police shoot tear gas to disperse Arab rioters throwing rocks after Friday prayers in Arab neighborhoods n Jerusalem.

Arab youth are trying to spark a widespread intifada but so far have failed.

Broken headstones and monuments in the Mount of Olives cemetery.

Jewish headstones and monuments were smashed, broken and knocked over. Firebombs were thrown into the cemetery.

The Galil Medical Center has treated 408 wounded Syrians to date.

At least 14 people have been killed in Tripoli battles.

India has chosen to purchase Israel’s Spike anti-tank missiles after rejecting a competing offer for US Lockheed Martin’s Javelin missiles.

The US sends its “condolences” and urges “all parties…to avoid escalating tensions.”

Kerry snubs Ya’alon, but the Israeli D.M. gets great press coverage in leading U.S. newspaper.

The first of 2 nurses to contract Ebola in Texas has been cured. NY and NJ have begun quarantining health-care workers returning from West Africa.

“Mourning” a terrorist means carrying the torch of terror.

Israel changes it clocks Sunday morning at 2 AM.

Terrorist attack in NYC and in Canada came after ISIS urged Muslims in the West to strike police and soldiers.

“For these international artists, the history and heroism at Masada together with performing at the lowest point on earth – 424 meters under the sea – is something that is truly unique,” Yossef explained.

At best, the Hareidim have been eating “Heter Mechira”. At worse, they’ve been eating vegetables grown in sewer water or pesticides from unknown and unsupervised Arabs fields.

More Articles from Tibbi Singer
Muslim Circumcision

A study concluded that delaying nonmedical circumcision results in greater risk for the child, and a more costly procedure. Muslims try to circumcise children before 13 years old.

Mixed religion commentary

“This new sense that there are many Christians who want to hear what Jews have to say fits very well with a dormant Jewish feeling that we have a mission to say something but for a long time people weren’t interested in hearing what we have to say,” Hazony said.

Jewish schoolgirls were traumatized by official UK school inspectors who asked very inappropriate sex-related questions which you don’t ask 9 year old religious girls.

Jeffrtey Goldberg noted that “Rabbi Steinlauf has just discovered the most dramatic possible way to break the Yom Kippur fast.”

The uncovered manifesto is said to offer Putin use of ISIS occupied gas fields in return for “Iran and its nuclear program.” . Slow news day at the Sunday Times.

Israel’s Haredi newspapers are calling it “The pig restaurant” scandal, even though Bibi had the veal chops.

Prime Minister Benjamin Netanyahu headed for a much deserved lunch in Midtown Manhattan with Sheldon Adelson, at Fresco by Scotto, accompanied by 30 security guards. Bibi had the veal chop.

Rabbi David Kushner’s Ford Explorer was torched next to the Rodef Sholom Synagogue in Atlantic City on the first day of Rosh Hashanah.

Printed from: http://www.jewishpress.com/news/breaking-news/judge-throws-out-suit-calling-on-minnesota-to-divest-its-israeli-bonds/2012/04/11/

Scan this QR code to visit this page online: