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  • Caterpillar upsets some Methodists

    01/26/2008 4:14:25 AM PST · by fweingart · 88 replies · 376+ views
    One News Now ^ | 1/25/2008 | Chad Groening
    Methodist renewal advocate Mark Tooley says United Methodist Church officials are urging church agencies and members to divest their holdings in Caterpillar Incorporated, for doing business with Israel. Tooley, who directs the United Methodist Committee at the Institute on Religion and Democracy, says the UMC has about $15 million of Caterpillar stock in its pension fund. But he says the United Methodist General Board of Church and Society has unveiled a proposal to divest from Caterpillar ahead of the church's governing General Conference in April. Several United Methodist regional conferences have endorsed anti-Israel divestment, according to Tooley. "It's another example...