Michigan’s Israel Bonds: An Update
In my previous article, I wrote about Michigan’s Israel Bonds investment based on the information available at the time. Public records showed that prior bonds had matured, and there was no clear, publicly accessible confirmation that reinvestment had taken place. At the same time, divestment activists were openly claiming victory, framing the bond maturity as evidence that their pressure campaign had succeeded. No official clarification was issued by the State to contradict that narrative.
That was the factual landscape when the article was published.
For members of Michigan’s Jewish community, this was not an abstract financial question. Israel Bonds have long represented more than just an investment vehicle. They have symbolized an institutional relationship between the State of Michigan and Israel—one rooted in mutual economic confidence and shared democratic values. When that relationship appeared, at least publicly, to be in question, it raised understandable concern.
In response, Rabbis and community leaders across Michigan were contacted and invited to sign an open letter calling for clarity. The purpose was straightforward:........
