Bibi Netanyahu Heads To U.S. To Crank Up Economic Warfare Against Iran
June 19, 2007 (LPAC)--Ha'aretz newspaper reported today that Likud chairman Binyamin Netanyahu is heading for the U.S. to increase financial sanctions on Iran to get it to stop its nuclear program. He will meet with a NY State financial official, asking him to withdraw or freeze hundreds of millions of dollars which state pension funds have invested in Iran. These are undoubtedly investments in corporations which in turn have investments in Iran, rather than direct investment of pension money in Islamic Republic enterprises. Late last week, we reported that Florida had passed a bill mandating divestiture of pension funds from companies doing business in Iran, including Royal Dutch Shell, Total, ENI, Lukoil, Statoil, Gazprom. Now, Ha'aretz reports that Netanyahu "was recently involved in Florida's State assembly's passing a law sanctioning investments in Iran."
In March of this year, London's Financial Times reported that the American Israel Public Affairs Committee (AIPAC) is spearheading the disinvest-from-Iran "movement" featuring neo-con Frank Gaffney. An AIPAC spokesman said that they were supporting legislation requiring federal pension funds to divest from companies with more than $20 million invested in the Iranian energy sector.
Following his New York meetings, Netanyahu will reportedly go to Washington, for meetings with Vice President Cheney, and presidential candidates Hillary Clinton and Fred Thompson.