udos to New Jersey for joining the small group of states (California and Florida) that prevent any state money from being invested in firms doing business with Iran.
New Jersey on Friday became one of the few states to prohibit state pension money from being invested in companies doing business in Iran.
Most American companies are already barred from doing business in the country, but Democratic Gov. Jon S. Corzine signed a measure restricting the state from buying stock in international companies that do business with Iran.
The move is designed to protest the country's links to terrorism and its nuclear ambitions. (New Jersey.com)
One of the bill's sponsors, Neil Cohen, said he did it for Israel:
"Divesting our finances from entities associated with Iran will send a clear message in the universal language of money that New Jersey will have no part in Iran's pursuit of actions that would lead to Holocaust-like genocide and the complete destruction of a sovereign nation."
Couldn't agree more, but would like more opportunities to agree. Three down; 47 to go.
Labels: Iran, Israel, New Jersey