October 17, 2006

Wayne State University won't divest from Israel

Kudos to Wayne State University, from its president:

As a public institution that encourages learning, free expression, and the exchange of ideas, Wayne State University recently was the site of a speech and protest by individuals opposed to the university's investment in Israel. Wayne State opposes divestiture and has no intention of divesting itself of stocks in companies doing business with Israel or any other legitimate state. We encourage our students to use their right to free speech, but accusations, acrimony, and demands such as divestiture are counter to the intelligent dialogue and free discourse for which this university stands. In a complex, international economy, divestiture is by no means a responsible approach to influence political or economic policy. Rather, it is my obligation to pursue legal, rational, and productive investments on behalf of the institution.
Cross-posted on Campaign to Divest from "Palestine".