Tuesday, June 15, 2021

A Feeling of No-Se-Que

 I have of feeling that cannot define, un no-se-que (Spanish: I don't know what), but sure it is not happy. The bourse is losing its "animal spirits" and each day is worth one percent less. I have to pay debts and had to sell at loss. My antennae perceive violence irradiating from the Arabs and the fragility of the new government. I could not sleep and read Twitter messages of modest haredi girls. They live in terror of the shidduch (matchmaking). They cannot date a candidate more than twice or so and are under terrible pressure to decide. They are intelligent but insecure, and they relieve the stress through short, witty, obscure messages. I feel pity for them. 

Monday, June 14, 2021

Netanyahu is Out

 


A new government has been sworn in. The economy is now fully in the pockets of the Ukrainian party of Avigdor Liberman. I thought that Bourse would react, but nothing happens.  

Sunday, June 13, 2021

Balestinians


 There is no "P" in Arabic, and the Palestinians are unable to pronounce the name of their nation. In Arabic, "P" is pronounced as "B". Palestine is an artificial construction and the Palestinians have been invented to oppose us, the Jews coming back to our ancestral land. 

Saturday, June 12, 2021

Israel's Catch-As-Catch-Can Government


The “non-decision-making process” occupies a significant chapter in the theory and practice of politics. The eight-fighting tribe Coalition for Change that will rule Israel from this week on (for a while, at least) is based on refraining from taking decisions on controversial issues. Of course, it is not going to work. Reality changes, opportunities to screw the partners arise, and decisions need to be taken. It will be a free-for-all Roman circus spectacle. 

Thursday, June 10, 2021

Dollar Devaluation

 
The inflation in America is hitting 5-7% p.a. and seems unstoppable for now. I can get bank loans at 3% in shekel, so we are entering the time of monetary speculation. On a personal level, I am feeling well but afraid of long-term projects, because of the shock of the sudden death of my friend Viky. He had just married. He was not yet eighty! Was he an optimist...!

Pic: The 100,000,000 pengo Hungarian banknote. It was shortly followed by the Communist victory. 

Jackson, Boil the Water

 

Chokwe A. Lumumba, Mayor of Jackson Mississippi warns the population to boil the water (left). He sends out two or three notices per day. It is based on turbidity, an easily measured parameter. Jackson is now 90% African and its infrastructure has collapsed.  They can’t even maintain a fully intact city, like Jackson, they are handed to them basically gift-wrapped with an invisible card attached. The capital of the State has 150,000 inhabitants, constantly dwindling because of "white flight". My estimate of the city's total worth is four billion US$ at 80,000 per dwelling. However, in its present dubious water supply, it must be 50% less. Real estate in American cities (Chicago, Detroit, Flint, Brownsville) is becoming worthless. My father used to mention a rich uncle in Mississippi, who had left Hungary around 1910 and owned a supermarket chain. I looked it up and found their supermarket chain carrying our name. I wonder how much they are worth today. 

Tuesday, June 8, 2021

Incorruptible Economic Journalists

 I used to read with respect the economic writings of Merav Arlozorov, from HaAretz.  (I have worked with his late Father, Shaul, a  water engineer who helped the Chinese with their "national carrier" project). 

Lately, she has moved to the "Left" ie she quotes statistics that prove the malevolence/incompetence of the "Right". She can look up the number of  "good teachers" in Arab vs Jewish cities and point out the gap between the achievements of the two populations. These are typical accusations used in the USA to explain the Black vs White gap. 

She likes to compare Israel's standing vis-a-vis Luxemburg, Norway, Switzerland.  She quotes indices where we are at a disadvantage and blames the Netaniyahu government. She is extremely unfair. Those countries are the top of the world, homogenous, long-established countries, with no enemies. Israel - with all its handicaps - has surpassed Europe in wealth and just to quote another index, in public health (COVID-19). She knows all that but NEEDS to condemn her country. 

My problem with Merav is that SHE KNOWS and her hypocrisy is conscious. Why? For one, she is employed by HaAretz (need I say more?), a paper where to condemn Israel, is de rigueur. Second, the moment she suggests that Israel is not rabidly racist, that the government and the industry are not out to poison the people, she is labeled "corrupt".  In 2017 she studied the data on air pollution in Haifa and found that the heavy industry had improved and was less polluting. It was said that she was defending the bete noir of the greens, fixated on destroying that vital industry. BTW, the platform of Merav Michaeli (Labour) of the recent coalition promises, as the first thing, to send bulldozers and level the industrial park. Arlozorov was blamed for using official data, that is, the Ministry of Environment (the regulator) measurements. Government data, per definition, must be unreliable and if good, paid for by the blood-sucking Capital.

Why an excellent, intelligent, Zionist economic journalist has been forced to hypocrisy? My answer, because of humanity's natural envy of the successful, of the powerful, and the consequent psychological desire to destroy it. People are evil by nature, it is written in the Tora. 

P.S.: Today she wrote: "the new government, should it arise". She knows something?