Divest from Whom?
Meanwhile, Presbyterian Church (USA) has created a page on its website specifically to respond to complaints about their Jewish/Israel-related resolutions. There's much to note, but check out this nifty graf:
The decision causing the most alarm is the initiation of a process of selective divestment from companies whose business operations in Israel are found to be causing harm to innocent people there.[Emphasis added.]
But is that what the resolution actually says? I can't find any statement like that. The only qualification for limiting companies to be divested that I see is:
to divest itself of investments in companies receiving one million dollars or more in profits per year from investments in IsraelNow, maybe millionaires are the only ones causing harm in Israel, but these two statements just don't seem to cohere.
UPDATE: I just spoke with Jay Rock of PCUSA, who told me that the approved language is only that which is contained in the purple box of the resolution; the rest is what was recommended by the Presbytery of St. Augustine. The language that was actually approved was:
Refers to Mission Responsibility Through Investment Committee (MRTI) with instructions to initiate a process of phased selective divestment in multinational corporations operating in Israel, in accordance to General Assembly policy on social investing, and to make appropriate recommendations to the General Assembly Council for action.
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Hey, there is a 2000 yr history of contorted interpretation. Why stop now?
Posted by: Tzvi | Aug 16, 2004 11:49:47 AM