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(Breitbart) Zohran Mamdani, the Democratic Party nominee for mayor of New York, says that he will direct the city to dump its Israel bonds, because — he claims — they implicate the city in “violations of international law.”
The Jerusalem Post, citing a local CBS interview, reported Monday:
If elected mayor of New York, Democratic candidate Zohran Mamdani intends to end the city’s investments in Israeli government bonds, he said Sunday.
…The most important thing is to understand where we are directly implicated within the city pension fund,” he said. “A pension fund that purchases Israeli bonds, in my view, is clearly an indication of a conflict with our values, and we know that our values are actually within the framework of international law.”
The only known violations of international law have been by Hamas, which launched the war with its terror attack on Israel on October 7, 2023; and which is still holding hostages, and denying them Red Cross visits.
Mamdani has refused to condemn the radical phrase “globalize the intifada,” referring to a campaign of suicide bombing against Israel, though he has lately said that he would “discourage” people from using it.
New York stopped buying new Israel bonds in 2023, as part of a broader policy of avoiding sovereign debt.
Update:
Dani Naveh, President & CEO of Israel Bonds, added:
“While we don’t comment on the statements made by candidates, what I can say is this: Israel Bonds is proud of the unprecedented outpouring of support — more than $5.5 billion in investments since October 7 — including major commitments from local governments around the country, including the State of New York. The record-breaking investments we have seen in recent years demonstrate the confidence that Americans have in Israel’s strength and future.”
Joel B. Pollak is Senior Editor-at-Large at Breitbart News and the host of Breitbart News Sunday on Sirius XM Patriot on Sunday evenings from 7 p.m. to 10 p.m. ET (4 p.m. to 7 p.m. PT). He is the author of The Zionist Conspiracy Wants You, now available on Amazon. He is a winner of the 2018 Robert Novak Journalism Alumni Fellowship. Follow him on Twitter at @joelpollak.
He is an anti Semite and he is not only against Jews
He also is against the Catholic religion
Brad Lander, a Jew cut in the same mold as Bernie Sanders is the NYC comptroller and he also is divesting of Israeli bonds and not buying new ones. At 5+ % and never a failure to pay both are shortchanging the pension funds.Let’s see what he buys instead. The pension obligations of NYC are enormous and it may be hard to find a better investment with an impeccable safety record. May they be struck by the plague!!!! Mel Young