Posted on 05/25/2024 8:00:03 AM PDT by karpov
Clearly, the most newsworthy story in American collegiate life recently has been the widespread eruption of pro-Palestinian protests over the war between Israel and Hamas. A central demand of pro-Palestinian demonstrators has been that colleges divest themselves of investments in Israel, which presumably means not only Israeli-owned companies but also American firms doing business there.
This demand is inane on many levels, even if you accept (which I don’t) the premise that Israel’s determination to eliminate Hamas’s military capabilities is wrong.
First of all, many large American companies (McDonald’s and Coca Cola come to mind) do business in Israel, but that business is a minuscule part of the company. For example, McDonald’s has about 40,000 restaurants worldwide, most of them franchised operations with local owners (especially in its foreign operations). Looking through the company’s lengthy annual report, I could not even find information on precisely how many stores are in Israel. It is likely not many over 250, as Israel is a country with fewer than 10 million inhabitants. Let us assume that it is 250—a fraction of one percent of all McDonald’s stores, none of them actually owned by the company. Should major universities exclude McDonald’s, which has a market capitalization of nearly $200 billion, from their endowment stock portfolios because of a relatively minuscule Israeli involvement?
Probably, high-tech powerhouses like Microsoft or Apple have meaningful Israeli business dealings, maybe even direct investments given that country’s prowess in science and innovation. Would they therefore be ineligible for inclusion in university stock portfolios?
(Excerpt) Read more at jamesgmartin.center ...
“Let us assume that it is 250”
Lazy writer! It took me 10 seconds to find out there are 228.
Divesting from Oil got them higher Tuition payments ,LOL
(basic economic realities.)
Many of these same idiots are engineering their own demise by believing in “Global Warming” so, yeah, understanding basic economic realities has never been their strong suit.
Israeli patents are numerous and profitable.
Also failing to grasp any semblance of reality.
Maybe its time we start boycotting all of the Palestinians global consumer brands….. oh wait ….. nevermind
https://www.brandedgirls.com/palestinian-brands-to-shop-to-support-palestine/
22 Palestinian Brands to Shop to Support Palestine
Libtards are evil. That’s the reason
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