‘Says Little and Does Much’ – or the Opposite?
Zehut’s Economic Plan
Zehut is a lot more than just a peace plan. Here is a brief infographic that explains Zehut’s out-of-the-box economic plan.
Zehut is a lot more than just a peace plan. Here is a brief infographic that explains Zehut’s out-of-the-box economic plan.
The government of Israel does not make an effective case for the rights of the Jewish people.
POINT I. Negotiations are for solving conflicting claims.
It is said that the government of Israel is prevented from negotiating with the Arabs who live in Judea, Samaria, and Aza, because they have no government which is authorized to negotiate, and to enter into an agreement, on their behalf.
That is true, but secondary. The essential point is that no negotiation should be conducted, unless both parties have some claim to the disputed property.
Example 1: I lent NIS 10,000 to Mr. B. He did not repay the principal of the loan, and he did not pay the interest on the loan. Inasmuch as Mr. B has no claim on my money, there is nothing to negotiate.
Example 2: M, a manufacturer, sold and shipped NIS 5,000,00 worth of goods to D, a dealer. Some of the goods were defective. D lost money, because it did not have enough goods on hand to meet customer demand. M has a claim against D: payment for the shipment. D has a claim against M: fewer sales than expected. When each party has a claim, there is something to negotiate.
Regarding the Land of Israel, there is nothing to negotiate. The Land of Israel belongs to the Jewish people only
Ditto for unified Jerusalem, inclusive of the Temple Mount and the City of David. They belong to the Jewish people only.
The Temple Mount is sacred to the Jewish people only. The Moslem fairy tale, which does not reference Jerusalem, about a journey on a winged steed, is a laughable basis for Moslem barking about the Temple Mount. The fairy tale is rubbish (a) of itself; and (b) in contrast with the 4,000-year association of the Jewish people with the Land of Israel, beginning with the Patriarchs; and (c) in contrast with the 4,000-year association of the Jewish people with the Temple Mount, beginning with the presence of Abraham and Isaac on Mount Moriah.
From American Thinker, here.
Nov-22-2015
The more capitalistic a country is – in other words – the less regulations, laws and rules that govern it – the higher the per capita income of the lower percentiles of that society,” said Moshe Feiglin on Sunday. Feiglin quoted Economist Gilad Alper with the following statistics:
When the states of the world are divided into four groups according to their level of capitalism, it turns out that the annual per capita income of the lower percentiles of the most capitalist states is approximately $10,000. This is more than twice the annual per capita income ($4400) in the same percentile in the states that are rated as second in capitalism. The $10,000 is almost four times more than the group of states rated third in capitalism ($2600) and six times more than the least capitalist states, in which the per capita income for the lower percentile is $1630. In short, capitalism leaves a lot to be desired, but the way to treat its illness is not by administering a shot of regulation and centralization. What is needed is just the opposite.
To heal the ills in Israel’s economy, Feiglin recommended the implementation of the following steps:
“Ask yourselves to which group you would like Israel to belong,” Feiglin suggested. “To the group in which the poorest of the poor make $10,000 a year? Or to the group in which the poor make less than half of that?”
From Jewish Israel, here.
July 12, 2017
Federal Reserve Chair Janet Yellen recently predicted that, thanks to the regulations implemented after the 2008 market meltdown, America would not experience another economic crisis “in our lifetimes.” Yellen’s statement should send shivers down our spines, as there are few more reliable signals of an impending recession, or worse, than when so-called “experts” proclaim that we are in an era of unending prosperity.
For instance, in the years leading up to the 2008 market meltdown, then-Fed Chair Ben Bernanke repeatedly denied the existence of a housing bubble. In February 2007, Bernanke not only denied that “sluggishness” in the housing market would affect the general economy, but predicted that the economy would expand in 2007 and 2008. Of course, instead of years of economic growth, 2007 and 2008 were marked by a market meltdown whose effects are still being felt.
Yellen’s happy talk ignores a number of signs that the economy is on the verge of another crisis. In recent months, the US has experienced a decline in economic growth and the value of the dollar. The only economic statistic showing a positive trend is the unemployment rate — and that is only because the official unemployment rate does not count those who have given up looking for work. The real unemployment rate is at least 50 percent higher than the manipulated “official” rate.
A recent Treasury Department report’s called for rolling back of bank regulations could further destabilize the economy. This seems counterintuitive, as rolling back regulations usually contributes to economic growth. However, rolling back bank regulations without ending subsidies like deposit insurance that create a moral hazard that incentivizes banks to engage in risky business practices could cause banks to resume the unsound lending practices that were a major contributor to the growth, and collapse, of the housing bubble.
The US economy is already faced with several bubbles that could implode at any time. These include bubbles in student loans and automobiles sales, and even another housing bubble. The most dangerous of these bubbles is the government bubble caused by excessive spending. According to a 2016 study by the Mercatus Center, at least four states could soon join Puerto Rico and Illinois in facing bankruptcy.
Of course, the mother of all government bubbles is the federal spending bubble. Despite claims of both defenders and critics of the president’s budget, neither President Trump nor the Republican Congress have any plans for, or interest in, reducing spending in any area. Even the so-called cuts in Medicare and other entitlement programs that have generated such hysterics are not real cuts, but “reductions in the rate of growth.”
Some fiscal conservatives are praising the administration’s proposal to finance transportation spending via government bonds. However, the people will eventually have to pay for these bonds either directly through income taxes or indirectly through the inflation tax. Government-issued bonds harm the economy by diverting investment capital away from the private sector to the “mixed economy” controlled by politicians, bureaucrats, and crony capitalists.
If Congress continues to increase spending and the Federal Reserve continues to facilitate that spending by monetizing the debt, Americans will face an economic crisis more severe than the Great Depression. The crisis will likely result from a rejection of the dollar as the world’s reserve currency. Those of us who know the truth must redouble our efforts to ensure a peaceful transition away from the Keynesian system of welfare, warfare, and fiat currency to a society of peace, prosperity, and liberty.
From Lewrockwell.com, here.