[Repost from 100122:]
Like many Americans, I have invested in mutual funds for my retirement. Currently, there are hundreds of companies traded on American stock exchanges that do business with the four state sponsors of terror: Cuba, Iran, Sudan, and Syria.
Through their mutual fund investments, the American people may have unknowingly invested billions of dollars in companies that help develop the economies of state sponsors of terror. While hundreds of thousands of young Americans are risking their lives fighting terrorists in Afghanistan and Iraq, we, the American people, must make sure that our investments do not inadvertently support the wrong side in the war on terror. We must demand that Wall Street provide us with the opportunity to invest in terror-free mutual funds.
So here is the challenge to Wall Street: It's time to join the war on terror.
My investment choices do have consequences. I do not want my money helping Iran to pay for the roadside bombs that kill American soldiers in Afghanistan, nor for the rockets of Hamas and Hezbollah. Nor do I want my money helping the government of Sudan while it continues to commit genocide in Darfur.
Now is the time for each of us to take action.
We can call the customer service representatives of our own mutual funds and ask that a simple question be passed on to the fund managers: "Why isn't my mutual fund terror-free?"
In addition, we can educate ourselves about the companies that do business with Iran by using the Iranian Business Registry on the website of United Against a Nuclear Iran (www.uani.org).
We can no longer ignore the fact that state sponsors of terror use our investment money for evil purposes. We must demand that the American mutual fund industry send a strong message to these countries.It is time for all of us to do our part in the war on terror.
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