Filed under: Iran — Michael van der Galien, Editor-in-Chief on March 29, 2007 @ 8:30 pm CEST
Will California take on the Mullahs?
Ardeshir Arian reports for Pajamas Media:
Today California will become the first state to decide whether or not it will continue to do business with the Islamic Republic of Iran.
The State Assembly will hear proposed legislation (AB-221) by Republican Joel Anderson of El Cajon, and Democrat Jose Solorio of Anaheim that will require state pension funds to divest from companies that do business with the Islamic Republic of Iran.
The Iranian-American community and many exiled Iranians are supporting this legislation. Several prominent Iranian-American activists have announced they will testify in support of AB-221, and Iranian groups as far away as Sweden and Turkey are backing the measure. Support for the bill has also come from the Prince of Iran, Reza Pahlavi but it is opposed by William Reinsch, Undersecretary of Commerce during the Clinton administration. IRI promoters and apologists like the NIAC are also opposing the legislation. (National Iranian American Council).
The California initiative is the nation’s first, and has inspired similar action in Massachusetts, Maryland, Georgia, Ohio and Missouri.
The West has to hurt Iran / the Mullahs as much as possible. All (economic) measures that serve before mentioned purpose are, generally, welcome. I hope that the California state legislature will pass this bill.
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1 HawkishDove
March 30, 2007 @ 12:57 am CESTPension funds are funding Irans oil industry. Cutting off the source of terror by cutting off Iran from the international market will win the war on terror.
I am finally relieved that people are starting to understand that terror funding is the key to this war on terror.