June 21, 2012- Pension fund giant TIAA-CREF has removed Caterpillar, Inc. from its Social Choice Funds portfolio. As of May 1, 2012, financial data posted on TIAA-CREF’s website valued Social Choice Funds shares in Caterpillar at $72,943,861. Today it is zero.
“We applaud this decision,” said Rabbi Alissa Wise, Director of Campaigns at Jewish Voice for Peace and National Coordinator of the We Divest Campaign (www.wedivest.org).
A Call to Action from Indigenous and Women of Color Feminists
Between June 14 and June 23, 2011, a delegation of 11 scholars, activists, and artists visited occupied Palestine. As indigenous and women of color feminists involved in multiple social justice struggles, we sought to affirm our association with the growing international movement for a free Palestine.
Washington, DC -- The US Campaign to End the Israeli Occupation (US Campaign) contributed today to the launch of a global military embargo campaign against Israel initiated by the Palestinian Boycott, Divestment, and Sanctions National Committee (BNC).
The BNC, inaugurating its campaign on the eve of the sixth anniversary of the Palestinian civil society call for boycott, divestment, and sanctions (BDS) campaigns against Israel, stated that:
"A comprehensive military embargo on Israel is long overdue.
The American Israel Public Affairs Committee is holding its annual conference May 22-24, where Congress people and many of our national leaders will rush headlong into the committee’s open arms and bountiful coffers. In an increasingly bizarre time warp they will congratulate each other and kvell about Israel’s special relationship with the US, our strategic partnership, and Israel’s commitment to democratic ideals in a “sea of dictatorships” (to quote the website).
Israel may be forgiven for failing to realize the current fiscal woes of the United States. After all, US military aid to Israel not only sailed unscathed through this month’s passage of the 2011 budget, but reached the record level of $3 billion.
The US additionally provided Israel $415 million for procurement, research and development of joint US-Israeli missile defense projects, including $205 million to fund Israel’s newly-deployed Iron Dome system.