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August 17, 2004       Share:    

Source: http://www.washingtontimes.com/commentary/20040816-095332-4246r.htm

Divest Terror

(Washington Times) Frank J. Gaffney Jr.- The U.S.'s leading public pension funds are heavily invested in some 400 publicly traded companies that do business with terrorist-sponsoring regimes - providing them with lifeblood in the form of vital resources, high technology and cash, according to a report by the Center for Security Policy. The top 100 U.S. public pensions hold stock of such companies worth roughly $200 billion, which helps them do upwards of $73 billion worth of projects in states like Iran, Syria, Libya, Sudan, and North Korea. Cutting off such business could hurt the bad guys in material ways.

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