So is Rep. Ed Royce, R-Calif. In a statement, Royce noted: "The U.S. already prohibits American companies from investing in Sudan, so this voluntary UC action only affects foreign companies. Though significant divestiture by companies in other countries could prompt the Chinese to fill the economic gap in Sudan, (whose) National Islamic Front government is committing genocide, which makes divestiture simply the proper moral course." With the regents seemingly inclined to divest, they only need to sort out how to do it effectively. UC spokesman Trey Davis noted that staffers are exploring which funds to target.
Jason Miller, a graduate student working hard for the divestment cause, told me his group has targeted 17 companies that "most substantially contributed to government revenue with minimal social welfare benefits." The students' goal is to pick on corporations that throw money at the Khartoum regime, but fill few jobs with local workers -- and to damage the Sudanese energy sector so that departing companies cannot quickly sell off and turn a profit.
But doesn't one boycott lead to others -- especially in the politically correct world of academia? Miller told me, "The threshold should be extremely high, rarely met."
The situation is extreme, the stakes are high and UC should drop investments in Sudan.
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