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Matt Singer on March 22, 2006 - 11:06am
Illinois state law prohibits investments in companies that do business in Sudan. Now, the teacher pension is pulling roughly $130 million in international investments. This is clearly a good move. Investing in genocide is not a moral solution as Divest Sudan makes clear. The beauty of pushing for pension divestment is clear. First, American workers should seek returns that aren't built on the blood of genocide victims. Second, America's public pensions invest roughly $90 billion in companies that work with Khartoum. Finally, divestment campaigns helped topple South Africa's Apartheid regime. Public pension funds are a huge asset to be used to push for a world with less genocide and with more responsible companies -- responsible companies that will down the road treat American workers fairly.