
 |
|
May 25, 2012
Mark Clayton: Is Hillary's State Dept. hacking Al Qaeda? Not quite
Erika Bolstad: Temple cancels Wasserman Schultz speech
The Kosher Gourmet by Ethel G. Hofman: The former president of the International Association of Culinary Professionals, whose members included the likes of Julia Child, is back with contemporary Shavous cuisine: Ruby Fruit Soup, Sweet Noodle Kugel with Cheese, Key Lime Curd, Calsone Casserole Frittata with Wild Mushrooms, Sun-dried tomatoes and Olives, Baked Tilapia with Pepper Cheese Cream and Brown Sugar Shortbread
May 24, 2012
Jeff Jacoby: The peace process battered Israel's reputation
Michael Muskal: 'Pro-choice' position hits record low, according to poll
Chris Farrell: Are We in a Tech Bubble?
The Kosher Gourmet by Penelope Wall: PHILLY CHEESE STEAKS --- hold the steak!
May 23, 2012
Tony Pugh: More private colleges offering tuition discounts
Mary Beth Franklin: How to Choose the Right Annuity for You
Tina Susman: The wig wasn't enough: Man gets 13 years for posing as his dead mom
The Kosher Gourmet by Emma Christensen:A simple way to do fish right
May 22, 2012
Warren Richey: Can US group challenge overseas surveillance act? Supreme Court to decide
Thomas M. Anderson: Walking Away From a Mortgage
The Kosher Gourmet by Megan Gordon: Enjoy a celebration of the most rich and layered flavors: Black bean, sweet potato and quinoa chili
May 21, 2012
Mark Clayton: Cybersecurity: How US utilities passed up chance to protect their networks
Howard LaFranchi: NATO summit: Who will foot the bill for long-term Afghanistan security?
Chris Farrell : Earn Dividends in Emerging Markets with This WisdomTree ETF
Stephen Whiteside, Ph.D. : Mayo Clinic Medical Edge: Social anxiety disorder --- or just shy?
Guy Jackson : Victim's father regrets death of Lockerbie bomber
The Kosher Gourmet by Mario Batali: Famed chef's veal shoulder farsumagru: A festive meat course for late spring
May 18, 2012
Rabbi Berel Wein: Striving: The People of the Book's Book for (All of) the People
Steven Goldberg: 5 Great Stock Picks and the Exchange-Traded Fund that Owns Them
Mary Pickett, M.D.: Ask the Harvard Experts: Don't be forced into gluten-free lifestyle based merely on a doctor's false-positive test
The Kosher Gourmet by Carolyn Malcoun: DIY healthy lunchbox treats: HOMEMADE FRUIT BARS for kids and brown-bagging adults alike
May 17, 2012
Warren Richey: Teacher fired for being unwed and pregnant can sue religious school, court rules
Josh Mitnick: Netanyahu's 'centrist' coalition is already proving it's anything but
Steven Goldberg: Earn Dividends in Emerging Markets with This WisdomTree ETF
Amina Khan: Research links coffee to lower death rates
The Kosher Gourmet by Faith Duran : Cheesy Potato Breakfast Casserole with Cheddar and Sun-Dried Tomatoes
May 16, 2012
Carmen Terzic, M.D., Ph.D. : Mayo Clinic Medical Edge: A variety of exercises can help improve balance
Melissa Healy: National strategy on Alzheimer's disease aims to halt it by 2025
The Kosher Gourmet by Joyce White : GOODNESS GRACIOUS: GREENS! 4 winning recipes that are no longer just for down-home folks (Includes expert tips & techniques)
May 15, 2012
Kristen Chick: Obama administration resumes arms sales to Bahrain despite serious unresolved human rights issues. Activists feel abandoned
Pat Mertz Esswein: Homes are now affordable again and mortgage rates are low. What you need to know before you buy
Kathy Kristof: Our Practical Investor Fights Inflation with These 6 Investments
Sue Hubbard, M.D.: The Kid's Doctor: Lactose intolerant young child? Check again
The Kosher Gourmet by Kathy Hunt: Spread a Little Excitement with EXOTIC CONDIMENTS (4 RECIPES)
May 14, 2012
Lisa Gerstner: How to Protect Your Identity, Finances If You Lose Your Phone
Harvard Health Letters: Heart disease and dementia
The Kosher Gourmet by Megan Gordon: MANGO COCONUT OAT MORNING MUFFINS are a bright but hearty delight
May 11, 2012
Jessica L. Anderson: Get the Best Deal on a Used Car
Jett Stone: Forget face-lifts and fake knees. Scientists have seen the fountain of youth --- and it's broccoli
The Kosher Gourmet by Chef Mario Batali: The famed chef's vegetable dish that tastes true to the season: FAVAS AND SUGAR SNAP PEAS WITH POTATOES AND TARRAGON
May 10, 2012
Sergei L. Loiko: Putin sends warning to U.S., NATO in Victory Day speech at Red Square
Mary Rourke: How being a 'mentch' got Vidal Sasoon his start and fighting in Israel's War of Independence provided him with confidence and a strong sense of his own identity
Jeff Bertolucci: Get Home Phone Service for Less Than $10 a Month
The Kosher Gourmet by Betty Rosbottom: Gleaming with its golden, crimson, and snowy white hues, this silken smooth and creamy STRAWBERRY ORANGE TRIFLE looks impressive, but is easy to prepare
May 9, 2012
Sharon Palmer, R.D. How you can reduce your risk -- or delay -- chronic diseases associated with aging
|
| |
Jewish World Review
March 13, 2007
/ 23 Adar, 5767
Time to for average Americans and US to stop investing in state -sponsors of terror
By
Frank J. Gaffney, Jr.
| 
|
|
|
|
http://www.JewishWorldReview.com |
Just when it seemed many Americans and even the Bush administration had lost the will to resist the enablers of our terror-wielding enemies nations like Iran, Sudan, Syria and North Korea a national phenomenon has become unmistakable. U.S. investors have begun to recognize money is the lifeblood of the regimes that sponsor the killers; cutting off their cash-flow is not only prudent but a matter of life and death; and every one of us can help by investing terror-free.
A press conference at the National Press Club today will make clear that terror-free investing is an idea whose time truly has come. Americans have been horrified to learn that their money in the form of public pension funds, mutual funds, college and university endowments, life insurance portfolios or their personal investments is being invested in publicly traded companies that do business with U.S. government-designated, state-sponsors of terror.
The magnitude of the sums involved was first suggested in a study issued more than two years ago by the Center for Security Policy. The Terrorism Investments of the 50 States provided a revealing snapshot in time. It indicated that as of August 2004, roughly 100 of the leading American public pension funds alone had some $188 billion invested in companies that partner with terrorist-sponsoring regimes. Thank goodness, not all that money was flowing to our enemies. But the Center's study indicated roughly $73 billion was at that juncture.
Today, in the halls of Congress, in a growing number of state legislatures and on the agendas of several influential national organizations, divesting terror has become a formidable new weapon against the state-sponsors of Islamist and other terrorists. Such initiatives are gaining momentum partly due to strong public sentiment. According to a dramatic new poll by Luntz Maslansky Strategic Research conducted for the Center's DivestTerror.org initiative (which will be released at this afternoon's press conference), the American people investors and noninvestors alike overwhelmingly want to see terror-free investing, once they are aware of the facts.
Several of the initiatives now in play while welcome simply do not go far enough. For example, some believe the focus of terror-free investing efforts should be confined to the relative handful of companies helping the Iranian energy sector with projects worth more than $20 million. This "targeted" approach would leave unaffected the roughly 325 mostly foreign-owned and -operated companies also helping Iran's regime build its infrastructure, develop dual-use (that is, military and civilian) industrial capabilities, heavy manufacturing, etc. It would invite companies to play games with their bookkeeping to allow them to assist Iran's energy programs while remaining, nominally at least, below the threshold.
Worse yet, this narrow approach to terror-free investing would give a pass to the government of Sudan, even as the United Nations reports it is indisputably behind the genocide in Darfur. The Syrian regime would also be unaffected, notwithstanding its ongoing efforts to kill Americans and Iraqis in neighboring Iraq, its continuing predations in Lebanon and, according to the Defense Intelligence Agency, its outfitting of missile warheads with biological weapons.
In addition, under the restrictive, Iran-energy-only approach, the opportunity would be missed to use terror-free investing against Kim Jong-il's kleptocracy in North Korea. That would be particularly unfortunate not to say reprehensible since it comes when the Bush administration is promising, as part of its doomed nuclear deal with Pyongyang, to lift financial sanctions on banks that help the North Korean regime circulate untold millions of dollars worth of counterfeit U.S. currency.
Divesting North Korea's business partners like the South Korean conglomerate Hyundai may be the only way left to counteract Mr. Kim's regime and the economic warfare it is waging against our currency. The gravity of this problem was underscored by California Rep. Ed Royce who noted in a powerful op-ed article in this weekend's Wall Street Journal that, "Alarmingly, some countries such as Ireland, Taiwan and Peru have temporarily refused accepting our $100 bills" because of the high quality of the North's fraudulent "supernotes."
If demand for terror-free investing is surging, instruments for doing so are not keeping pace. The only certified terror-free mutual fund at the moment is the Roosevelt Anti-Terror Multi-Cap Fund. It is offered on an increasing number of investing vehicles, including Nationwide Financial's 50,000-client 401(k) platform.
Still, there is as of this writing no terror-free index. This is shameful as Wall Street has developed countless indices in response to investor demand on other subjects, from the environment to tobacco to guns to Myanamar. What is more, when the State of Illinois last year adopted legislation barring its public pension funds from investing in companies doing business in Sudan, the Sudan-free index offered by Northern Trust garnered as much as $8 billion in a remarkably short period.
Terror-free investing is a godsend for Americans who understand the stakes in this War for the Free World and who wish to do their part in helping it come out right. If their elected representatives and Wall Street respond by offering what will, hopefully, be the broadest possible options for investing terror-free, the vast sums Americans have in the capital markets can become a strategically vital, morally sound and fiduciarily responsible tool for hurting terror's friends and our enemies.
Every weekday JewishWorldReview.com publishes what many in in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.
JWR contributor Frank J. Gaffney, Jr. heads the Center for Security Policy. Comments by clicking here.
Archives
BUY FRANK'S LATEST
"War Footing: 10 Steps America Must Take to Prevail in the War for the Free World"
America has been at war for years, but until now, it has not been clear with whom or precisely for what. And we have not been using the full resources we need to win.
With the publication of War Footing, lead-authored by Frank Gaffney, it not only becomes clear who the enemy is and how high the stakes are, but also exactly how we can prevail.
War Footing shows that we are engaged in nothing less than a War for the Free World. This is a fight to the death with Islamofascists, Muslim extremists driven by a totalitarian political ideology that, like Nazism or Communism before it, is determined to destroy freedom and the people who love it. Sales help fund JWR.
|
© 2006, Frank J. Gaffney, Jr.
|
|

Arnold Ahlert
Mitch Albom
Jay Ambrose
Michael Barone
Barrywood
Lori Borgman
Stratfor Briefing
Mona Charen
Linda Chavez
Richard Z. Chesnoff
Ann Coulter
Greg Crosby
Alan Douglas
Larry Elder
Suzanne Fields
Frank J. Gaffney
Bernie Goldberg
Jonah Goldberg
Julia Gorin
Jonathan Gurwitz
Paul Greenberg
Argus Hamilton
Victor Davis Hanson
Betsy Hart
Ron Hart
Nat Hentoff
Marybeth Hicks
A. Barton Hinkle
David Horowitz
Jeff Jacoby
Renee James
Paul Johnson
Jack Kelly
Ed Koch
Ch. Krauthammer
Michael Ledeen
John Leo
David Limbaugh
Kathryn Lopez
Rich Lowry
Michelle Malkin
Jackie Mason
Ann McFeatters
Dale McFeatters
Dana Milbank
Jeanne Moos
Dick Morris
Jim Mullen
Deroy Murdock
Judge A. Napolitano
Bill O'Reilly
Kathleen Parker
Star Parker
Dennis Prager
Wesley Pruden
Tom Purcell
Sharon Randall
Robert Robb
Cokie & Steve Roberts
Heather Robinson
Pat Sajak
Debra J. Saunders
Martin Schram
Culture Shlock
David Shribman
Roger Simon
Michael Smerconish
Thomas Sowell
Ben Stein
Mark Steyn
John Stossel
Cal Thomas
Dan Thomasson
Bob Tyrrell
Ben Wattenberg
Diana West
Dave Weinbaum
George Will
Walter Williams
Byron York
ZeitGeist
Mort Zuckerman

Robert Arial
Chuck Asay
Baloo
Chip Bok
Dry Bones
Lisa Benson
John Branch
John Cole
J. D. Crowe
John Deering
Brian Duffy
Everything's Relative
Mallard Fillmore
Glenn Foden
Jake Fuller
Bob Gorrel
Walt Handelsman
Joe Heller
David Hitch
Jerry Holbert
David Horsey
Lee Judge
Steve Kelley
Jeff Koterba
Dick Locher
Chan Lowe
Jimmy Margulies
Jack Ohman
Michael Ramirez
Drew Sheneman
Kevin Siers
Jeff Stahler
Scott Stantis
Ed Stein
Danna Summers
John Trever
Gary Varvel
Kirk Walters
Dan Wasserman

Mr. Know-It-All
Ask Doctor K
Richard Lederer
Frugal Living
Tech Maven
On Nutrition
Bookmark These
Bruce Williams
|