The indomitable Frank Gaffney (scourge of Norquist) and the Center for Security Policy have announced a new initiative: DivestTerror.org. (Thanks to Jeffrey Imm for the link.) Here is its raison d'etre:
Premise: The economies of terrorist-sponsoring states are almost entirely dependent on the revenues, expertise and advanced equipment and technology provided by global publicly traded companies in which millions of Americans own stock. Accordingly, a basic premise of DivestTerror.org is that some, if not all, of these governments would likely choose to end their support for terrorism before suffering an economic collapse catalyzed by the withdrawal of these public companies.Such was the experience in an earlier application of financial leverage -- the South African divestment campaign. Pressed by the withdrawal of public companies whose share value and reputations were under withering attack by anti-apartheid activists, the government in Cape Town ultimately abandoned its racist policies and surrendered power.
Objective: To dissuade public companies from continuing to provide vital life-support (i.e., revenues, equipment, technology, etc.) to terrorist-sponsoring states, thereby forcing those governments to choose between their ongoing sponsorship of terrorism and an economic meltdown.
It is a little-known fact that some 400 large multinational and American corporations have demonstrated their determination to place profits ahead of ethical and terrorism-related concerns. That calculation must be changed.
Toward that end, a grassroots campaign will be mounted to pressure leading institutional investors, asset managers and universities to use their financial leverage to divest the stock of any publicly traded company doing business in terrorist-sponsoring states. The campaign will seek to create sustained shareholder insistence that public companies that help underwrite terrorist-sponsoring governments are presented with a stark choice: Become part of the solution to state-sponsored terror or suffer significant financial consequences.
"and universities to use their financial leverage to divest the stock of any publicly traded company doing business in terrorist-sponsoring states".
Liberal academia to stop funding the Islamo-fascists,this is unlikely.
Correction: that should be "liberal academia the fifth column socialist vermim"
Typo: "vermin"
Here's a sensible man with a sensible solution. Go for it, Frankie!
Check out the draft letter available at this site - contact your state reps.
Securities firms should know about this as well - bookmark it and spread the word.
It's outrageous that 400 public companies do business with countries, companies, and others that support the terrorists, "providing vital supplies and services." Especially troubling is that some have not contacted these entities to encourage them to stop their support or to withdraw their business support.
Of course by terrorists we mean the Islamists which are much more than just those that bomb and kill. These seeming benign Islamists are, in the long and short run, more dangerous than terrorists because they undermine our institutions and our resolve to fight. Many see them as smiling moderates that are on our side on the "war on terror," which we know to be a misnomer as terror is the tactic, not the enemy. Unfortunately these people are involved in taqiyya and kitman activities that are lulling us into a false sense of security.