Posted on 08/12/2004 1:25:45 PM PDT by stockpirate
Mission Statement Throughout our history, Americans have risen to the challenge of defending our beloved country and our liberty. Following the 9/11 attacks, however, most Americans felt powerless. Powerless to respond to the tragic attacks in New York and Washington, DC. Powerless to express meaningfully their outrage. And powerless to help defeat terrorism.
What we did not realize -- until now -- was that each and every one of us actually can play a pivotal role in winning the War on Terror. How? By demanding that our public and private pensions plans, college endowments, individual retirement account managers, 401(k) plans, and other investment vehicles exploit the leverage represented by investments in publicly traded companies that operate in terrorist-sponsoring states. In a unified front, we should all be saying "This is my money and it will not go to support terror."
DivestTerror.org is a nationwide campaignaimed at some 400 public companies worldwide that are providing revenues, technology and moral cover to governments that sponsor terrorism. The primary objective of this campaign is to starve terrorists of essential funding and technical support. To illustrate how such a campaign can achieve this objective, please review our synopsis of the South Africa Model of the 1980's that succeeded in ending apartheid.
DivestTerror.org envisions using financial pressure to achieve three types of divestment: 1) Forcing countries that sponsor terror to divest themselves of the material, logistical, intelligence and other support they give enemies of this country; 2) compelling companies to divest activities in terrorist-sponsoring states that fail to sever such ties; and 3) divesting the stocks of companies that persist in aiding and abetting state-sponsors of terror.
DivestTerror.org provides the empirical analysis and architecture that can enable such a campaign. Its success, however, can be assured only if you and other Americans Enlist . Doing so will allow each and every one of us to help wage the war on Terror by opening new financial fronts through our universities, local communities and states, individual retirement accounts, churches and unions.
DivestTerror.org provides the tools. Now, patriotic Americans can once again do their part to counter the threat confronting our country. Join us and help ensure that dangerous terrorist organizations -- and those that sponsor them -- will not continue to flourish with our money.
Time to take the Hyundai back to the dealership. (just kidding)
There are some 400 public companies that do business with terrorist-sponsoring states. Many of these companies provide critical revenues and advanced equipment and technology to these countries. In addition, each of these European, Asian and U.S.-owned subsidiary companies provides moral and political cover to the governments of these countries, obscuring the fact that they are providing hard currency, weapons, technology and safe harbor to terrorists.
Accordingly, DivestTerror.org does not differentiate among companies operating in terrorist-sponsoring states. Until such time as these countries discontinue their sponsorship of terrorism, it is our view that no company, regardless of the scale of their operations, should be willing to do business with them.
Regrettably, hundreds of multinational and American companies have, to date, refused voluntarily to send this vital security message to the terrorist-sponsoring governments. A dozen of these companies exemplify the various ways in which this behavior is helping prop up such governments and, thereby, enabling their ability to aid and abet terrorism. (N.B. All of the information concerning the activities of this illustrative "Dirty Dozen" was derived from publicly available sources.)
Alcatel SA
BNP Paribas
ENI SPA
Hyundai
Lundin Petroleum
Oil & Natural Gas Corp.
Siemens AG
Statoil ASA
Stolt Nielsen
Technip Coflexip
Total SA
UBS AG
How long until the RINO/libertarian element of FR reports here that we are wasting our time by exposing and boycotting such companies, and that doing so is eeevil since the almighty corporation is "god."
Maybe this will take off when it starts getting talked about on the talk shows. I'd hate to think that Americans in general and Freepers in particular chose to sit back and say "the government (or military) will take care of terrorism for me" when they had the choice of actually doing something about it.
I did a search and found nothing.
Bookmarked and more.
39 of the Top 100 pension systems were found to be invested in more than 100 companies with corporate ties to terrorist-sponsoring states. Of the rest for which there is data, only five hold less than 30 companies with such ties in portfolio.
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