Tuesday, September 09, 2008

"Hello Manhattan, Israel Calling"

Approximaely 50% of Wall Street investment banking management is Jewish. That doesn't make them necessarily Zionist but probably most think there should be a Jewish homeland which is the definition of a Zionist. Israel enjoys a unique U.S. tax code advantage. Donations to the Jewish state by American tax payers is deductable against U.S. income. The donations sent to Israel by these Wall Street operators neatly allows them to have it both ways.

Israel is an odd country. It's founding and nurturing depends on money and political influence from worldwide Jewry. If that is ever shut off or diminished ,Israel like some out of this world space station ,would suffer or cease to exist. And so the recent cataclysmic events on Wall Street and financial centers around the world threaten Israel's mother's milk so to speak i.e. money. The financial melt down may be a humane way to finally get Israel to pursue peace or disappear. Either way would be an improvement.

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