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http://www.onenewsnow.com/Church/Default.aspx?id=65568 Methodist renewal advocate Mark Tooley says United Methodist Church officials are urging church agencies and members to divest their holdings in Caterpillar Incorporated, for doing business with Israel. Tooley, who directs the United Methodist Committee at the Institute on Religion and Democracy, says the UMC has about $15 million of Caterpillar stock in its pension fund. But he says the United Methodist General Board of Church and Society has unveiled a proposal to divest from Caterpillar ahead of the church's governing General Conference in April. Several United Methodist regional conferences have endorsed anti-Israel divestment, according to Tooley.
"It's another example of the anti-Israel bias of the mainline churches," he argues. "They tend to turn a blind eye towards the human rights abuses and support of terrorism of Arab regimes, but yet are very critical of and hostile towards Israel."
Tooley says the Methodist recommendation only targets Caterpillar because of the controversy that stemmed from the Presbyterian Church USA's divestment policy in 2006. "That was rather disastrous. The Presbyterians fairly quickly revoked their policy," he says. "So I think the Methodist lobby office is trying to avoid that example by simply going after one company in a symbolic way. But nonetheless, the intent is the same -- which is to punish Israel."
The Methodist renewal advocate says he is fairly hopeful that most Methodists will not go along with this divestment plan, and thinks most Americans will remain friendly toward Israel.
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