States divest from companies doing business with terrorists

It will never get the publicity that divestment from companies doing business with South Africa got (or divestment from companies doing business with Israel), but there is a move afoot in state government to refuse to give business or invest in companies that do business with terrorist states as this editorial in the Washington Times informs us:Indiana and Florida are joining an honor roll of other states, including California, New Jersey and Pennsylvania, that have adopted laws to divest. The divestment effort is being catalyzed by a group called Divest Terror, which is a subsidiary of the D.C.-based Center for Security Policy. "The cumulative effect has been to withhold billions of dollars ... to take away the corporate life support for the ayatollahs and other terrorist nations," said Divest Terror's director, Christopher Holton. "And state legislators are empowering themselves to say to the terrorists, 'No, not with our taxpayers' money, no way.' " These...(Read Full Post)