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Divestment won’t
harm companies
Re: “Hayward divestment from four companies raises questions” (Page A1, Feb. 2).
The decision by four members of the Hayward City Council to divest from four companies to demonstrate their anti-Israel bias doesn’t do anything to harm the companies nor to harm Israel. What it does show is their ignorance of economics and investing, which is added to their ignorance of the Middle East.
From what I have read, the investments are in corporate bonds, which are issued to raise money by the respective companies. The bonds that Hayward will be selling will be sold on the secondary market. If the bond price is higher than the initial purchase price, Hayward makes money. If the bond is sold for less than the initial purchase price, Hayward loses money. Either way, the companies will not be affected, as the bonds have already been issued.
For that reason, I am pretty sure that Hyundai, Exxon, Intel and Caterpillar really won’t care.
Robert Edelman
Oakland
Antioch family sets
example with ‘mitzvah’
Re: “Nepal couple getting help through health labyrinth” (Page A1, Jan. 27).
I appreciated your Jan. 27 front-page article. I recognized the name Ouimet immediately from your previous coverage of this family’s challenges.
Having learned that Govinda Regmi from Nepal has the same rare kidney disease as two of her children, Kristi Ouimet went into action. After navigating through proper documentation, passport renewals and a “humanitarian parole” clearance, she brought Regmi and his wife (a nurse and his caregiver) to the United States to live with her family. Regmi is on dialysis and other life-saving treatments that are unavailable in his country.
Few people would step out of their own box of challenges to help others. Yet, the Ouimets did. They are stellar examples of what Kristi calls “a service heart” and I call a “mitzvah” — a good deed.
Sharon Brown
Walnut Creek
Cabaldon deserves
vote for state Senate
My vote is going to Christopher Cabaldon for state Senate District 3. Cabaldon is the only candidate endorsed by Planned Parenthood, which vetted all candidates and chose the best for reproductive health care. All the grassroots Democratic clubs in this district that have done endorsements have endorsed Cabaldon.
I have seen all three candidates debate several times now. Cabaldon’s knowledge and experience shine through. He has been appointed to various boards by President Obama and five different California governors. Check out his website for all the awards he has won. The Sacramento Bee recently named him one of the region’s top 20 AAPI changemakers.
He has a terrific record for building new housing and started a program to fund college for kindergarteners. He is a fierce advocate for education, the environment and civil rights. He is creative, smart and someone who gets things done. He deserves your vote.
Kathy Kerridge
Benicia
Parents must set
kids’ tech boundaries
Re: “Panel attacks tech leaders” (Page A1, Feb. 1).
Bay Area tech executives were grilled by Congress about how addiction to their social media platforms resulted in depression and suicide. Parents behind the tech giants were holding pictures of the children they had lost due to cyberspace addiction. The hope was that Congress would write legislation making social media platforms more responsible.
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What is truly tragic is that the parents who lost children take no responsibility for supplying their children with devices and internet access. Congress cannot fix this.
The social media giants have one goal: money. Their programs are purposely designed to addict the user. What the parents refuse to acknowledge is that the children see the adults who cannot cross the street, drive, eat or communicate without a device.
Laws will not work. It is up to mom and pop to promote safe, sane media use. Human interaction should be appreciated and encouraged. Five hundred online friends? No.
Nuchem Weiss
Orinda