And What is YOUR City Doing to Stop the War?
By Dmitri Iglitzin on May 26, 2008
Following the historic precedent of Seattle’s divestment from companies doing business in apartheid South Africa (Seattle Resolution No. 27220, adopted December 17, 1984), an organization named “Seattle Divest from War and Occupation” has sponsored “Initiative No. 97,” which, if adopted, would force the Seattle Employees’ Retirement System funds to divest from corporations that fund war and occupation in the Middle East.
More specifically, this initiative would set policies and guidelines that would ensure that the city’s retirement funds not be invested in corporations (1) that profit directly from the U.S. presence in Iraq, or (2) that do business in or with Israeli settlements in the West Bank, the Gaza Strip, East Jerusalem, or the Golan Heights. The City must also withdraw retirement funds invested with the Israeli government if Israel attacks Iran without U.N. authorization.
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Dmitri
Iglitzin is a partner in the law firm, 