Expressing this institution's opposition to unregulated globalization in its current state and support for investment of this institution's capital resources reflecting social and economic responsibility,

    WHEREAS, the United States as a whole consumes the greatest amount of goods and services in the world, invests the most capital, and thus wields tremendous influence in the global economy; and

    WHEREAS, it is in our local interest to have a stable global economy which allows for productive local and regional economies; and

    WHEREAS, the current financial architecture has been inadequate in dealing with the global economic crisis, as evidence by crises of unprecedented proportions in Asia, Russia, and Brazil; and

    WHEREAS, investment, trade, and consumption should promote an economy that allows for a decent standard of living and sustainable use of natural resources; and

    WHEREAS, The Commerce Clause of the United States Constitution allows public entities to place restrictions on the use of public funds when the public entity is acting as a market participant; and

    WHEREAS, as an investor of capital, has a responsibility to ensure that its capital investment promotes sound development policies, supports responsible corporate activity, and does not engage in speculation. Now therefore, be it

    RESOLVED, restricts its investment to stocks and funds which do not engage in currency speculation and which adhere to this institution's standard of social and environmental responsibility.