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Friday, August 10, 2007

Nancy Pelosi Invests In Iran-Linked Company

When these traitors invest in state sponsors of terror, they know first hand the "war is lost". She is financing a company that deals with a country that is directly responsible for the deaths of U.S. Troops.

House Speaker Nancy Pelosi (D-Calif.) has disclosed that she holds stock valued at up to $15,000 in Alcatel-Lucent (formerly Alcatel SA), a company with extensive investments in Iran and Sudan — nations that sponsor terrorism.

The disclosure of Pelosi’s holdings comes at the same time that legislation is making its way through the California legislature barring state pension fund managers from investing in companies, like Alcatel-Lucent, that do business with "terror-friendly" nations.

According to Divestterror.org, a citizens group pushing a South Africa-style disinvestment program to discourage companies from doing business in terror countries, Alcatel-Lucent’s investments in terror countries are so extensive that it is included on the organization’s “dirty dozen” list of offending companies. The organization estimates that the company has invested upwards of $300 million in terror sponsoring nations during the past five years.

According to Divestterror.org, Alcatel is aiding Iran’s terrorist activities by providing state controlled companies with data transmission and switching network capabilities. “These contracts have reportedly included the provision of hardware, software, technologies, and training to Iranian companies.” It is also installing an undersea telecommunications cable in Iran.