In the Bible, God makes it clear that he will bless those who bless Israel and curse those who curse Israel. This promise is seemingly ringing true for Unilever, the parent company of Ben & Jerry’s (founded by two far-left Jews) who have seen their stock price drop, wiping $26 billion over the past six months.
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The fight between Israel and Palestinians is spilling over into 30 U.S. states with laws on their books preventing pension funds from investing in companies that refuse to do business with the Jewish state.
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“Ben and Jerry’s decision to boycott parts of Israel is disgraceful and an insult to America’s closest ally in the Middle East,” Texas Republican Gov. Greg Abbott said in a statement to CNBC.
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Florida pulls $139 million in Ben & Jerry’s investments over Israel boycott, says Governor Ron DeSantis
CNS Ne News On 19 July 2021, Unilever’s stock price was trading at 4,356. On Wednesday, exactly six months later, the price was 3,450. That’s a crash of 20.7%, which translates to the $26 billion price above.
Ben & Jerry’s ice cream company decided that it would no longer sell its ice creams in Judea and Samaria (aka West Bank), ancient parts of Israel that include the key holy sites for Jews, including the Temple Mount, the Tomb of the Patriarchs and other key historic sites of the Jewish people.
They made this decision because of their anti-Israel board of directors, some of whom have long supported the Boycott, Divestment and Sanctions (BDS) movement against Israel. This anti-Semitic movement is not about bringing justice to the Palestinians, it is instead hellbent on destroying Israel through economic terrorism.
Thankfully, Israel and her allies are not standing by silently but have actively opposed this tactic.
The decision sparked backlash both from the Israeli government and Jewish organizations worldwide, with Israeli Prime Minister Naftali Bennett stating that Ben & Jerry’s had “decided to brand itself as anti-Israel ice cream.”
Bennett took the matter up with Unilever CEO Alan Jope, telling him on July 20 that the Jewish state was taking the move very seriously and warning that there would be “severe consequences… [Israel] will take strong action against any boycott directed against its citizens.”
Unilever has also been under a great deal of pressure from the US States which have passed anti-BDS laws. States like New York and Florida divested hundreds of millions of dollars from the company towards the end of 2021, with most states following suit.
When you consider that Ben & Jerry’s generates far less each year than the amount of money Unilever has lost overall, it is very clear that boycotting Israel does not pay.
We pray that Unilever will turn away from their fallacy. We would prefer that they change their minds not because they are seeing consequences to their decision, but because it is the right thing to do.
It is never right to single out the world’s only Jewish state and to treat them differently than other countries, that is anti-Semitic. It’s never right to act in a way that goes against the indigenous rights of native people living in their land, in this case, the Jewish people living in their ancient homeland. Most importantly, it is never right to go against the promises of God.
When you go against God’s promises, you’re on the losing team.
Thanks Bonnie for this Very Happy Post!
I LOVE Good News!
Yes, it’s sooooooo rare around here.
The tanking of the Unilever stock price is worse than it seems. During the period of Unilever’s loss, the S&P 500, the Dow and the NASDAQ went up significantly. If I were a Unilever shareholder, I’d demand that the company fire Ben & Jerry’s board of directors, especially its antiemetic chair, Anuradha Mittal.
The purpose of a company’s board is to make money for its shareholders. It is not to spread antisemitic ideology which can only have the effect of tanking the company. Ben & Jerry’s ice cream is one brand in a very competitive market with a very elastic supply and demand curve. Once people figure out that Hagen Daz is a better quality ice cream, or that they can get a gallon of very high quality vanilla ice cream at Costco and mix in their own nuts and other toppings, Ben and Jerry’s can say goodbye to the goodwill that they have amassed over the years and hello to the badwill that they now have due to the Boycott Israel stunt.
Being THAT stupid should hurt. A lot.
$26BILLION worth…..
You reap what you sow, hope they go bankrupt
When I am grocery shopping and I see people buying Ben and Jerry’s junk, I have the greatest urge to tell them about their policy. My guess is a lot of people still don’t know about these goofy businessmen who are, in effect, practicing discrimination. I didn’t know that ice cream was anti-semitic. I’ll probably just get a “mind your own business” response. Thanks for reporting that there are consequences to such stupid business decisions.
No one was more surprised at seeing this story than me.
in Mt we don’t tempt Fate , we do believe in Murphy’s Law written by some Jew as a warning … We support Israel
There are a lot more Christians in this country who support Israel than there are Jews who do.
There are more JINOs (Jews In Name Only) in this country than you would imagine (except for BNI readers). I met a lot of them in Miami where I lived and worked for many years. Most of them are successful, rabid, secular Democrats from NYC.
I invited Brigitte Gabriel, founder of ACT for America, to speak at our private club. She was very well received by the overflow crowd except for one person from NY who tried to defend the Palestinians. Fortunately, he was roundly booed by the people in attendance, particularly by conservative Republican Jewish friends of mine. They’re rare but do exist…thankfully.
That’s why when my parents retired, they went to Fort Lauderdale, NOT Miami.
Its a sad sad day indeed when two male Boomer American Jews want to insult, denigrate, and boycott the only Jewish State in the entire world…They are so Far Left they have left reality in the garbage dump.
That’s because Leftism is their real religion.
“In the Bible, God makes it clear that he will bless those who bless Israel and curse those who curse Israel.”
So true!
For those who doubt this, just look at how America prospered under Trump, who united Israel, i.e., The Golan and the West Bank Settlements.
Look at us now, with biden pushing the “two state solution”.
America is now divided as it was during the first civil war.
Nations who tamper with Israel will suffer the same consequences ten-fold.
Everytime there’s a self-hating Jew (fake Jew), Muslims always like to use them as an example to cast all Jews as satanists or evil people taking over the world.
They just can’t wait for the opportunity to cast the very people (they were taught to hate) to justify their irrational hate because they don’t want Americans finding out the unjustified real reason why they hate Jews.
Good news everybody!
Let Unilever suffer more and more loss over those 2 idiots. The shareholders will soon see that massive hole in their investments and start asking the hard questions, lets see if Unilever has the correct answers by dumping Ben & Jerry’s.
As an American/Israeli Jew I am disgusted with Ben and Jerry and I would never buy their anti Semitic hate Israel ice creams.