The July 2004 General Assembly vote to divest the Churchs holdings in companies that do business in Israel is MORALLY WRONG. As Harvard University President Lawrence Summers said with regard to another effort to promote divestment from Israel, such actions are anti-Semitic in their effect, if not their intent.

The Presbyterian Church's divestment resolution is anti-Semitic because NO OTHER nation is being singled out for divestment, not even those whose violations of human rights are truly egregious.

Only the moral blindness of Jew-hatred could lead the Church to compare Israels multi-racial democracy to apartheid South Africa. Only anti-Semitism could lead the Church to condemn democratic Israel, while not voting divestment from Saudi Arabia, where women have virtually no rights and non-Muslims are not even permitted to enter the country without special permission, from Sudan, where race-based genocide is occurring even as we speak, from Iran, where Bahai are murdered for their faith, or from the many other countries where human rights are violated as a matter of routine.

We CONDEMN the Presbyterian divestment resolution as an act of hatred against Israel and the Jewish people and call for its immediate revocation.