News Watch

Double standard on divestment

January 13, 2008 at 6:22 pm under News Watch, Top Picks— Tags:

Josh Reubner of the US Campaign to End the Israeli Occupation writes:

Today, two movements for the promotion of human rights in Sudan and Palestine seek to emulate the successful role played by boycotts, divestment, and sanctions in achieving democracy and equality in South Africa. The two movements, however, have received radically different receptions on Capitol Hill. This double standard testifies to official Washington’s selectivity when it comes to promoting human rights around the globe and its tendency to overlook the faults of its allies while using human rights as a pretext to punish its adversaries.

On December 31, President Bush signed into law the Sudan Accountability and Divestment Act of 2007, which was passed unanimously by Congress earlier in the month. The bill, sponsored by Sen. Chris Dodd, authorizes state and local governments to divest their holdings from corporations that profit from dealings with the Sudanese government and immunizes mutual fund managers from lawsuits for doing the same.

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