Posted by Barry Jantz at 12:00 am on Jun 05, 2007 2 Comments
See Doug LaMalfa’s post immediately below. Here’s the
Anderson release:
California Assembly Passes
Historic Iran Divestment Bill
Anderson’s legislation has strong bi-partisan support
Anderson: “Money is the Mother’s Milk of
Terrorism.”
Sacramento, CA – Today, the California State Assembly
overwhelmingly passed Assemblyman Joel Anderson’s (R-El Cajon)
Assembly Bill 221 to divest California’s public retirement funds
from key foreign businesses that invest in Iran.
“I am gratified by my colleagues’
strong bi-partisan support for this legislation, which will end
California taxpayers’ investment in key foreign companies that
invest in the Islamic Republic of Iran,” said
Anderson.
Democrat Majority Whip Fiona Ma, a
primary co-author of AB 221, said, “When CalPERS and CalSTRS invest
State retirement funds in Iran, they put these investments at
risk.”
“California’s taxpayers should not be
investing in a country which funds terrorism,” said Anderson.
“Money is the mother’s milk of terrorism.”
The California State Senate will be
reviewing… Read More