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May 13, 2009       Share:    

Source: http://www.washingtontimes.com/news/2009/may/11/money-talks-against-terrorism/

States Should Divest from Outlaw Regimes

[Washington Times] Editorial - Americans can fight the war on terror by stopping businesses from investing in terror-sponsoring states. On May 1, Indiana Gov. Mitch Daniels signed a law that divests his state's public pension systems from companies doing business with the Islamic Republic of Iran and the Syrian Arab Republic. Indiana previously divested from the Islamic Republic of Sudan in 2007. A Florida law requires police and firefighters' pension funds to withdraw their money from firms with active business ties to Iran and Sudan, and requires the state to provide a "terror-free" investment option for state employees participating in Florida's defined-contribution retirement plan. California, New Jersey and Pennsylvania have also adopted laws to divest. These admirable efforts demonstrate how Americans across the country can take the fight to terrorist states.

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