Thursday, August 29, 2013

Push TIAA/CREF into doing the right thing

GUEST: Sydney Levy, Jewish Voice for Peace Director of Advocacy, talks about boycotting corporations that profit from the illegal Israeli occupation.

One such corporation is TIAA/CREF. It invests in many Israeli companies that make products in the illegal settlements of the West Bank.

TIAA/CREF also puts shareholders assets into companies like Caterpillar that sells the special bulldozers used to destroy Palestinian homes.

Many of us can raise these objections with TIAA/CREF because we have invested a part of our college salaries in the firm. Where is the "moral investing" that TIAA/CREF talks about in its literature? 

But there is progress. 
Steve Tamari, TIAA-CREF Investor said: “I welcome the news that as a TIAA-CREF investor, I am no longer profiting from SodaStream, whose main production facility operates in an illegal settlement on Palestinian land in the Israeli-occupied West Bank. I urge TIAA-CREF to drop the remaining companies in their portfolio profiting from confiscating Palestinian land and contributing to illegal settlement expansion. I hope in the coming year to see TIAA-CREF divest from the French multinational Veolia, which operates transportation, water-treatment, and garbage services for illegal Israeli settlements on Palestinian land in the occupied West Bank.”
Now is the time to do your part.

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