U.S. campaign calls for major divestment from Iran

[lovuian]

http://www.haaretz.com/hasen/spages/836498.html
WASHINGTON - The effort to apply economic pressure on the regime in Tehran through divestment has intensified in the United States. The pressure, which involves divestment on the part of international firms, is being carried out in parallel with continuous efforts at the United Nations Security Council to impose a second round of sanctions against Iran in response to its failure to abide by the world body's call to end uranium enrichment.

Various Israeli sources and the pro-Israel lobby, the American Israel Public Affairs Committee (AIPAC), are also contributing to the efforts, particularly through specific legislation in various American states where pension funds hold stock in firms invested in Iran.

The economic sanctions against Iran are being pursued on a number of fronts simultaneously. On the international front, this effort is focused on the UN Security Council.



On the American domestic scene, several bills have recently been put before Congress. These bills would restrict U.S. cooperation with states and companies doing business with Iran.

Legislative proposals have also been put forth that would order pension funds to divest from firms with commercial links with Iran.
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I saw Missouri has not allowed Pension funds to invest in companies who do business with Iran

[Selatius]

1. I'd be against this completely.

Such schemes only punish the civilian population, not the leaders. This would make Iranians even less likely to become friendly with the US sometime down the road.

[lovuian]

2. I saw some of the companies they are going after

Siemens I think a PetroChina company

a French company

they have a list
but its ok to invest in Conoco Phillips