The Israeli government sells Israel bonds to borrow billions of dollars all at once, which funds its violence against Palestinians—everything from bombing campaigns of Palestinians in Gaza to the accelerated ethnic cleansing of Palestinians in the occupied West Bank and expanding illegal settlements on Palestinian land.
The problem with borrowing more and more money is that the Israeli government’s interest payments add up. Its debt is troublingly large given the size of its economy and Israel bonds are one of the reasons why. This means the Israeli economy is highly vulnerable to Israel bonds divestment.
That’s why we organize at the grassroots level to get our local and state governments and pension funds to divest from Israel bonds. The more success we have, the more we can destabilize the Israeli economy.
As the Israeli economy is destabilized, people in Israel will feel the impact and hold their own government accountable and be forced to reckon with the truth that a stable economy is only possible once the Israeli government respects Palestinian rights and follows international law.
There’s organizing to be done! US state governments, municipalities, pension funds, trade unions, universities and other institutions all buy Israel bonds (often for hundreds-of-millions of dollars) and then receive interest payments from the Israeli government. This not only implicates US communities in Israeli genocide, it’s also bad business. There are other ways to get better-performing, stable interest payments that don’t involve giving a blank check to a government committing crimes against humanity.
https://x.com/jvplive/status/2025959368257057183

