July 21, 2011

We won't back down

We won't back down until TIAA-CREF divests from the Israeli occupation!

This Tuesday in Charlotte, NC, I was proud to stand up and demand answers from retirement giant TIAA-CREF CEO Roger Ferguson and CREF Trustees at their annual corporate meeting. I stood side by side with many other TIAA-CREF investors like me who, one after another, told them that we did not want to build our future retirements on a foundation of demolished Palestinian homes, illegal Israeli settlements, and military occupation.

I felt supported to speak out by people like Archbishop Desmond Tutu, who called the TIAA-CREF campaign "important because it is one of the most broad-based divestment efforts in the U.S." just days before in an op-ed in the Charlotte Observer, and by tens of thousands of people like you who have signed petitions and letters and advocated in your own communities.

TIAA-CREF leadership told us that, when it comes to Israel and Palestine there is no consensus, but rather controversy. In fact, a representative from Amnesty International reminded them that there is consensus in the human rights community: the Israeli occupation is a legal term, not a disputed one, and the Israeli settlements in the West Bank and East Jerusalem are illegal. A fellow investor asked why, if TIAA-CREF cared so much about the opinion of their clients, did they block a resolution that would have allowed them to be polled about their comfort with investing in companies profiting from the Israeli occupation with their retirement funds? And yet another reminded Mr. Ferguson that on issues of justice -- slavery, segregation, Apartheid -- there was no consensus either, but there was and still there is a moral compass. Challenges like mine dominated the shareholder meeting yesterday in Charlotte. In fact, the main topic of that meeting was our campaign—the largest divestment campaign for Palestinian human rights in US history.

What is the most exciting to me, though, is that as I was inside the meeting in Charlotte, actions took place nationwide—outside the meeting in Charlotte, as well as in Baltimore, Ithaca, Philadelphia, Boston, Chicago, Los Angeles, San Francisco, Seattle, Denver, Lexington, St. Louis, New York City, Washington D.C., Detroit, Palo Alto, and Sacramento. See images of the simultaneous protests.

http://salsa.democracyinaction.org/dia/track.jsp?v=2&c=Jd9xyrD%2FAnz6DWMvAceCulHmMqIcZNVj

Jewish Voice for Peace

 

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