Israel's using Catapillars to illegally destroy Palestinian homes. YOUR TAX AND CHRISTIAN FUNDI DONATIONS AT WORK

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    Jun 30, 2012 3:25 PM GMT
    Published on Saturday, June 23, 2012 by Common Dreams

    Pension Giant Dumps $73 Million Caterpillar Stock Over Israel Ties

    - Common Dreams staff

    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. "It’s long past time that TIAA-CREF began living up to its motto of ‘Financial Services for the Greater Good’ when it comes to the people of Israel and Palestine.”

    Since 2010, We Divest has been urging TIAA-CREF to drop Caterpillar and other companies profiting from and facilitating Israel’s 45-year-old military occupation and colonization of the Palestinian West Bank, East Jerusalem, and Gaza Strip.

    “By selling weaponized bulldozers to Israel, Caterpillar is complicit in Israel’s systematic violations of Palestinian human rights,” said Rabbi Wise. “We’re glad to see that the socially responsible investment community appears to be recognizing this and is starting to take appropriate action.”

    Caterpillar has come under increasing criticism from human rights organizations in recent years for continuing to supply bulldozers to Israel, which uses them to demolish Palestinian civilian homes and destroy crops and agricultural land in the occupied territories, and to build illegal, Jewish-only settlements on Palestinian land.

    In the coming weeks, many will be watching the Presbyterian Church (USA) General Assembly taking place in Pittsburgh, where church commissioners will vote on a motion to divest from Caterpillar and two other companies, Motorola Solutions and Hewlett-Packard, that remain in TIAA-CREF’s Social Choice Funds.

    Last month, Friends Fiduciary, a Quaker institution, divested $900,000 worth of shares in Caterpillar stating: “We are uncomfortable defending our position on this stock.”

    The world is catching on to who are the real aggressors in this situation, the Palestinians led by Abbas have for many years now moved away from violence in retaliation against the Israeli's aggressions and violence. This is catching the eyes of most in the international community and many in the US in spite of the constant barrage of misinformation and lieing propaganda put out by the Israeli LOBBY AIPAC to cover up the facts.
  • conservativej...

    Posts: 2620

    Jun 30, 2012 7:10 PM GMT
    Wonderful. They no longer have Caterpillar proxies to vote.
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    Jul 01, 2012 7:49 PM GMT
    House demolition in the Israeli–Palestinian conflict

    From Wikipedia, the free encyclopedia

    A Palestinian home after demolition by Israeli military forces.
    House demolition is a controversial tactic used by the Israeli Defence Forces (IDF) in Jerusalem, the West Bank, and the Gaza Strip against Palestinians and Israeli settlers.

    Official IDF explanations for house demolitions include use as a counter-insurgency security measure to impede or halt militant operations,[1] as a regulatory measure to enforce building codes and regulations,[2] and as a deterrent against terrorism in the occupied territories.[3]

    Human rights organizations and the United Nations criticize the ongoing demolitions[4] of Palestinian homes as violating international law, and contend that Israeli governments actually use demolitions to collectively punish Palestinians[1] and to seize property for the expansion of Israeli settlements.[5][6]

    Much more to come !!