view the rest of the comments
politics
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
$500M is their total investment, not the amount in Israeli bonds. In a proper portfolio bonds should likely be less than 30% of the total, sometimes even as low as 10%. Most of those bonds are going to be US Treasuries and corporate bonds. Of the maximum $60 million they keep in bonds, I'd be surprised if they had even $20 million in total foreign government bonds, and much of those are going to be in large and mostly stable government bonds like the Eurozone, China, Japan, UK, etc.
Like I said it's probably tens of thousands total, even if we were generous and said it was $100,000 in Israeli bonds it would only be $0.10 per person. It likely closer to pennies though. I wouldn't even be surprised if it's $0, and this policy vote is just a PR piece rather than an actual change in holdings.
Israeli bonds have showed up at other places they don't belong.
They sometimes get recommended in a package too. Lobbying does wonders.
The church is also divesting from companies heavily invested in israel and even trying to use their investment as leverage against companies to divest from israel. Which is nice.
The most important point is the church divesting openly. Universities also don't have much connection to israel either, yet they adamantly refuse to divest. Jesus 1 - Science 0.
The encampment group at my local university posted a report on what exactly they wanted divested, none of it was direct Israeli stocks or bonds, it was like $1 million in a massive defence company that had worked with Israel in the past, and another $200,000 in a hedge fund that itself had a portion invested in random military companies associated with Israel.
Hardly "invested in Israel"