Posted on 06/23/2006 7:18:17 AM PDT by veronica
The Presbyterian Church USA has ended its two-year policy of divesting from companies doing business with Israel and adopted a new resolution which does not single out Israel as a target for divesting funds.
The new policy was approved Wednesday by the general assembly of the church gathered in Birmingham, Alabama, winning an overwhelming 483-28 majority.
According to the new language adopted by the Church, investments in the Middle East should be done "in only peaceful pursuits" and will be subject to the same scrutiny as any other investment. The term "divestment" is not included in the resolution.
The Church's new policy is a shift from its 2004 stand, which advocated a "phased and selective" divestment from multinational companies which have profited from contracts with Israel in connection to the "occupation" of the West Bank. Though the church did not actually pull out any investments yet, it was in the process of discussing the possibility with five companies that did business with Israel, including Caterpillar and Motorola.
According to the new resolution, investments in these firms and others that have ties to Israel will no longer be singled out by the church's investment committee.
The church also added a clause to the resolution in which it express its regret over the "hurt and misunderstanding" the divestment resolution caused to the American Jewish community.
Jewish communal activists welcomed the new resolution, which is seen as a victory to the anti-divestment movement.
"The new overture, which directs the church to analyze its financial investments under its traditional process and not single out Israel, demonstrates the continued importance of interfaith dialogue in resolving problems between faith groups," said Abraham Foxman, national director of the Anti-Defamation League (ADL).
Mark Pelavin of the Religious Action Center of the Reform movement added that the Presbyterian Church "got it right." Pelavin, who spoke to the delegates at the general assembly, said that the new resolution "is a tribute to their seriousness of purpose, and their open-minded consideration of the proposals before them."
What religion is 'practiced' by the Presbyterian Church?
Marxist-Leninism.
They're still a gang of blood-thirsty, barking and snarling, professional anti-semites. They'll be back.
Which part of it?
It is split on many issues. But ironically, although there have been quite a few threads about the decisions made at the general assembly the past few days, I have yet to see the most important one. The one that will almost assuredly cause schism.
Articles on Israel can also be found by clicking on the Topic or Keyword Israel.
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Hopefully they'll stick to their principles and personally boycott Israeli products.
Israeli doctor heads Merck team that has developed vaccine against cervical cancer
what religion is "practiced" by the Presbyterians?
I guess you might ask Mark Garlasco he seems to be one of the flock (as in sheep )
With the leadership of the church they will have to be watched.
Even though they voted out the disinvestment portion let's see it they "selectively" do it anyway.
To have reversed the old policy so dramatically is almost an indication of common sense. An incremental gain, to be sure -- but as the left has shown, a lot of incremental gains translates into huge gains over time.
This misleading for this is the PCUSA which belongs to the WHO which is part of the UN!
This has NOTHING TO DO with the Reformed Presbyterian Church!
You should ask the Mods to add PCUSA to the title as not to confused!
Mark Garlasco .... weenie, sap, Palestinian's stooge
What happened to their new ideas on The Trinity?
HA HA! Leftist are losers.
Bump
Oh sure, no problem. The Jewish people are quite used to receiving abuse at the hands of faux Christians.
"The West has given more significance to the myth of the genocide of the Jews, even more significant than God, religion, and the prophets...."Iranian President Mahmoud Ahmadinejad
The Holocaust Chronicle ~
"Palestine is the wrong name for their State. It should be called Anarchy."FReeper sgtbono2002
"Then let's wait and see what the Arabs do after they take Gaza. There's nothing like Arab reality to break up a Jewish fantasy."FReeper Noachian
A student told his professor he was going to "Palestine" to "fight for freedom, peace and justice,"Orwellian leftist code words that mean "murder Jews."
The Nature Of Bruce ~
The Presbytarian Church USA is far diffrent from the Presbytarian Church in America.
http://www.pcanet.org/
Long overdue, but I'll take it. Thank goodness sanity rules in that august body.
Good news bump.
Good for another bump.
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