Liu Says Explore Arizona Divestment
April 29th, 2010
Comptroller John Liu called the anti-immigration law approved in Arizona the “new apartheid” this afternoon, and said the city should explore divesting in companies based there.
“This is clear,” said Liu outside City Hall. “What’s happened in Arizona is the new apartheid. ”
The comptroller said the city should explore the same type of ban it had during apartheid in South Africa, which included prohibiting certain investments with the country. Liu did not know off hand how much of the New York City pension funds were invested in companies with Arizona connections, but his office is looking into it, he said.
The call came on the steps of City Hall this afternoon, where elected officials and advocates rallied to denounce the Arizona law, which forces police officers to ask individuals for their immigration status if they look suspicious. Officials say the law amounts to de facto racial profiling.
In addition to Liu, Councilmember Ydanis Rodriguez called for a complete ban on Arizona — no visiting the Gran Canyon, sorry. Other officials said the new law should spur officials to act on immigration reform in Washington.
“This brings memories of Jim Crow to the African American community,” said Assemblymember Adriano Espaillat. “This brings a chilling effect to our gay and lesbian community that remembers Stonewall.”
He continued: “This is whether we have the moral fortitude to do what’s right for our country.”
The City Council is expected to approve a resolution this afternoon denouncing the law and calling for immigration reform this year.By Courtney Gross on April 29, 2010, 2:56 pm
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