I feel I have to post this picture of China today. A family trying to escape wrapped up in poliethilene bags, from shoes to head. It reminds me of Saddam Hussein's missile attack on Israel, when we expected poison gas and protected ourselves and our homes with plastic sheets and tape. It seems effective. Hope we shall be spared of similar views in Israel. But we may be not.
Thursday, February 13, 2020
Wednesday, February 12, 2020
Argentina Defaults Again
The Peronist government decided to post-pone the payment of bonds till September. Only widows and orphans will be spared: holders of less than 20,000 dollars worth of bonds that can prove they are "humans" will receive the interests. The others will receive "YOCK" (Hebrew slang for nothing and now get lost).
It was not unexpected.
It was not unexpected.
The United Arab List
About 20% of the population are Arabs with voting rights. They have formed a block, the United Arab List (see pic) that is kingmaker and decide who will be our next Prime Minister. They are exercising their power to annul land expropriations. Land expropriated for public water works has been returned to Arab farmers. Land is the vital resource in this densely populated country and already there is tremendous problem for public infrastructure planners. There is no place on the seashore to site desalination plants (water sector) nor yacht ports (tourism). The Arabs think that it is not their problem and do not co-operate with the State.
Monday, February 10, 2020
Weapons and Counterweapons
Elbit won a large order for Directional Infrared Counter Measures (DIRCM), a system to protect aircraft from infrared homing ("heat seeking") man-portable missiles. It is a lightweight, compact system designed to provide mission-vulnerable aircraft with increased protection. Thanks Arafat, we had to develop twenty years ago many thingies that we can sell now.
In the South of Israel, we are suffering from helium filled balloons carrying explosives. The wind blows from Gaza towards the mainland, carrying these weapons deep into the country. A startup developed laser guided countermeasures, it is working but the border is 70 km long, so it can protect only a limited sector. The enemy keeps us alert and vigilant, thanks God.
Saturday, February 8, 2020
Mayn Yiddische Meydele
Lyrics
I have seen many women;
among every people they are different.
But none is as beautiful
as a Jewish woman.
A Jewish girl immediately enchants you
with her glance.
And if you just take a peek at her,
you feel that “Jewish feeling” inside of you.
My Jewish girl, she is so pretty.
My Jewish girl, she has a certain Jewish charm.
Her golden hair, her teeth like pearls—
only a Jewish girl could be so beautiful.
A million dollars won’t help you find among other peoples
Lipton takes the fall
The International Monetary Fund granted Argentina a 57.100 million dollar loan a year ago, to save it from another default. I wrote then that they were crazy and Lagrade would pay with his head this imbecility. u$s 57.100 million is the largest ever loan of the IMF and about the 60% of its capital.
Well, Lagarde was kicked upstairs to head the European Union's Central Bank, and his second, David Lipton (pic) took the fall and was sacked. Kristalina Georgieva, the Bulgarian replacement of Lagarde, is reorganizing the IMF leadership. The Argentine loan intended to help pro-USA President Macri to win the elections, but the populist, irresponsible Peronist party returned to power and the loan will never be paid back.
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