From the Daily Idiot:
In reviewing stock held by the Iowa Public Employees' Retirement System, or IPERS - the state's $20 billion public pension fund - The Daily Iowan found that $28 million in state retirement money is tied to multinational oil conglomerates and other companies under scrutiny for their actions relating to the genocide in Darfur, Sudan. The IPERS funds, scholars and nonprofit groups assert, help provide the Sudan government-backed Janjaweed militias with the financing, weaponry, and infrastructure essential for their ethnic cleansing of the country's Darfuri minority.
I suppose anybody could look at an investment portfolio and nitpick or spin things into a frenzy that makes a bunch of campus-bound liberals feel morally superior.
What has war criminal Kofi Annan done about Darfur lately? He's done dick, as he always has. In fact, it wouldn't surprise me if Kofi Annan or one of his relatives isn't making millions from the conflict and shoving them into Swiss bank accounts.
I can't imagine that divesting a few shares of some Chinese petroleum company is going to make a difference. After all, the US has had an embargo, sanctions, and travel restrictions with Cuba for more than 40 years. Sure has made a difference, hasn't it?
Maybe IPERS should divest their genocide-tainted money and give it to crooks like Clark McLeod to burn right here in Iowa.
One final thing. At least the Daily Idiot is writing stories about Africa. Most kids probably don't know much about Darfur except for what they saw last season on ER. The Register, in contrast, sends the Widow Basu to Africa and the best she can do is complain about the abortion laws in Addas Ababa.
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