Dozens protest during Cuyahoga County Council meeting, calling for divestment from Israeli bonds

Sep 11, 2024 at 7:08 AM

Cuyahoga County's Divisive Stance on Israeli Bonds Sparks Heated Debate

The Cuyahoga County Council meeting in Cleveland witnessed a heated debate over the county's stance on Israeli bonds, with pro-Palestinian demonstrators arguing that the funds should be redirected to local investments instead of foreign affairs. The decision by County Executive Chris Ronayne to maintain the county's nearly $16 million investment in Israeli bonds has drawn criticism from some council members and protesters, who believe the money could be better utilized to address pressing domestic issues.

Protesters Demand Divestment, Citing Local Needs

Prioritizing Domestic Investments

The pro-Palestinian demonstrators argue that the county should not be involved in foreign affairs, and that the money should be put into local investments instead. Jenna Muhieddine, one of the protesters, stated, "We have people here in need of this money. There's no reason it should be sent overseas." The protesters gathered outside the county administrative headquarters in Cleveland and disrupted the council meeting with vuvuzela horns, emphasizing their demand for the county to divert the funds to address local issues, such as homelessness.

Conflicting Resolutions and Legal Challenges

In June, Council Vice President Cheryl Stephens and Councilmember Patrick Kelley introduced a resolution calling for the county to stop any additional investment in bonds issued by Israel. However, the resolution was later withdrawn after Ronayne received a letter from Ohio Attorney General Dave Yost, who cited Ohio law that makes it illegal for businesses that receive state funding to boycott, divest, or sanction Israel. Stephens and Kelley then urged the Cuyahoga County Treasurer, Brad Cromes, to suspend investments in sovereign debt issued by any foreign country, not just Israel, noting that they wish to invest exclusively in American workers and neighborhoods. Despite these efforts, Ronayne has remained firm in his decision to maintain the county's investment in Israeli bonds.

Ongoing Tensions and Vows to Continue Protests

The pro-Palestinian demonstrators have vowed to continue their protests, with Muhieddine stating, "We won't stop. Eventually, when there's two sides of pressure, one is going to crumble, and it's not going to be us. It's going to be him." The protesters believe that by maintaining sustained pressure, they can force the county to reconsider its stance and divert the funds to local investments.

Supporters of the County's Decision

During the council meeting, some people expressed their gratitude to the councilmembers, saying they are thankful they are supporting Israel and are glad the county won't be divesting from those bonds. This suggests that there is also a contingent of residents who support the county's decision to maintain its investment in Israeli bonds.

Implications and Potential Consequences

The ongoing debate over Cuyahoga County's stance on Israeli bonds highlights the complex and divisive nature of the Israeli-Palestinian conflict, even at the local level. The protesters' demands for the county to prioritize domestic investments over foreign affairs raise important questions about the role of local governments in international affairs and the allocation of public funds. The legal challenges and political tensions surrounding this issue could have far-reaching implications for the county's decision-making process and its relationship with the local community.