web analytics
July 5, 2015 / 18 Tammuz, 5775
At a Glance
News & Views
Sponsored Post


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.

Current Top Story
Secretary of State Hillary Clinton with Prime Minister Netanyahu in 2012.
Hillary Clinton Says She Will Be Better Friend than Obama to Israel
Latest News Stories
Zarif and Kerry on the Fourth of July.

Kerry spent the Fourth of July talking with his Iranian counterpart, Mohammad Javad Zarif.

Placard at counter protest of neo-Nazis in London on Saturday.

Thirty Policemen escorted a total of 21 neo-Nazi in the “anti-Jewification” protest that flopped.

Young teenagers point rifles at Syrian soldiers at ancient Roman amphitheater.

ISIS released a video of a modern-day replay of the thirst for blood in ancient Roman amphitheaters.

Secretary of State Hillary Clinton with Prime Minister Netanyahu in 2012.

The woman who once kissed Suha Arafat has a different attitude when it comes to funding her campaign for president.

A third Grad rocket was found in the Eshkol region on Saturday.

If Lapid decides that his party will support the proposal in the Knesset, he will go down in history as the man who saved Israel’s gas industry and credibility.

The House of Bishops, led by Presiding Bishop Katharine Jefferts Schori, overwhelmingly defeated the Boycott, Divestment, Sanctions resolution.

US alone voted no on UNHRC Resolution condemning only Israel for wrongdoing in last summer’s conflict.

Sinai terrorists expanded their range of attack Friday, aiming rocket fire at southern Israel as well.

5:21 PM The rocket landed in a field in the Eshkol region. Apparently from Sinai. 5:06 PM Channel 1 reports that citizens say they saw the rocket fly over from Sinai. 4:49 PM IDF Spox says they believe only 1 rocket was launched. The IDF is examining if the rocket was launched from the Sinai. […]

Iran is not budging in nuclear talks on its refusal to allow spot inspections of military sites.

Nothing like a Kosher frank for the 4th of July, even if this year, you have to cook it before Shabbat.

Nothing quite like Hamas terrorist supporters on the Temple Mount openly waving their flags..

Machsom Watch women came to harass IDF soldiers in Hebron but embarrassed themselves instead.

A Palestinian Authority Arab was shot and killed after he attacked an Israeli army commander driving in near Jerusalem.

The US Mennonite church votes to table an anti-Israel BDS resolution for two years.

More Articles from Tibbi Singer
Nazi Montage

The average Israeli is remarkably stupid and thick-headed when it comes to the sanctity of freedom of speech.

It's business as usual as Gazans repair the tunnels used to smuggle in the long-range rockets that hit Tel Aviv.

Some of these Gazan tunnels were estimated to have cost $3 million to construct, but will they sustain continued flooding by rain and sewer water?

Mayor Shimoni was looking to provide security, albeit in an unpopular way, because his prime minister has not been able to. Calling him names does not change the fact that Israeli civilians are not safe from being murdered in the street by blood-crazy Arab individuals.

If anyone has had any delusions about this not being a religious war, and anything but a religious war, one need only connect the images that are emerging from this morning’s massacre of four Jewish men in the middle of their morning prayer to the images of Jews massacred in Hebron, in 1929.

Published at Jewish Business News. It began last year with an announcement by Israel’s Ministry of Education, of a pilot study using digitally converted books and other teaching materials, which students would access with their tablets. Legally, teaching with tablets in Israeli schools is contingent on parental consent, especially since it’s the parents who were […]

Jon Stewart has opted, voluntarily and without pressures, out of the Jewish timeline. I suspect the bitterness in Stewart’s note is related to that decision.

Published at Jewish Business News. Forget the old, scary Ku Klux Klan, welcome to the newly branded Klan, the Rocky Mountain Knights, which offers membership to Jews, Blacks, Gays and Latinos. This could all be a conspiracy thought up by Bed, Bath and Beyond, to sell more white sheets. Because no matter who you are, […]

“There’s only one way to buy it,” Adelson said. “Money.”

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: