Saturday, June 25, 2005

Illinois, the bluest state, again demonstrates national leadership, this time in divesting from Sudan

Governor Blagojevich signed SB 23, legislation championed by Senator Jacqueline Collins (D-Chicago) to divest state funds from the Sudanese regime. The Governor's press release is here.

We are the first state in the nation to do so, and we are showing a different way of running things than the corporate rule of Washington, D.C.

The bill did pass unanimously in the Senate, and lost 23 Republican votes in the House (the vote is here), so most Republicans did come on board. But I happen to think Illinois Republicans are a far superior type of Republican than most others in the country, especially those that are running Washington, so let's not read too much into that.

It takes a Democratic - led government to bring justice to those that need it most. Congratulations to Senator Collins, the General Assembly and Governor Blagojevich.

(Come to think of it, we ought to divest all of our local pension funds as well -- counties, municipalities, school districts, etc. We ought to lobby to make that happen. If you know a local elected, see if s/he will divest from Sudan.)

2 comments:

Nathan Kaufman said...

Have you read much about the special elections coming up in CA this Nov? This might be an interesting blog. The SF Chronicle has an interesting podcast on this.

SRI - Socially Responsible Investing - is a big idea that may get bigger during our lifetime. There is at least one disadvantage to SRI: it can be an arbitrary and slippery sloap. It is all fun and games, and doing lots of good, until someone says you are not socially responsible (what if someone would not invest in Google because Google facilitated unregulated and "offensive" speech on blogs)

what are your thoughts, based on eduction and experience, on Trib circulation? (your input really might make a difference- some business people in a position to change things might read the njk42 blog)

http://njk42.blogspot.com/2005/06/tribune-circulation-hurting.html

Nathan Kaufman said...

On SRI:
http://www.washtimes.com/upi-breaking/20050113-061729-2600r.htm

On Corporate Governance:
http://www-news.uchicago.edu/citations/05/050409.weil.html