NC passes bill to punish businesses who divest from Israel

And once again, exactly the opposite of Free Market principles:

North Carolina’s House Bill 216 outlines “the public policy of the United States, as enshrined in several federal acts, to oppose boycotts against Israel, and Congress has concluded as a matter of national trade policy that cooperation with Israel materially benefits United States companies and improves American competitiveness; and Israel in particular is known for its dynamic and innovative approach in many business sectors, and, therefore, a company’s decision to discriminate against Israel, Israeli entities, or entities that do business with or in Israel is an unsound business practice.”

Try to wrap your mind around this: They’re not punishing companies who engage in commerce and materially enrich despotic regimes, such as banking with Iran or buying blood diamonds from Sierra Leone. No, these companies are being punished for who they are not doing business with, money they are not spending, profits they are not generating for what can arguably be described as a despotic regime. This is another case where JLF and Civitas should be raising pure hell with the General Assembly, and yet…



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