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	<title>Holy Exposures &#187; Politics</title>
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		<title>Jerusalem Is Ours</title>
		<link>http://holyexposures.com/wordpress/2009/06/17/jerusalem-is-ours/</link>
		<comments>http://holyexposures.com/wordpress/2009/06/17/jerusalem-is-ours/#comments</comments>
		<pubDate>Wed, 17 Jun 2009 04:56:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blogroll]]></category>
		<category><![CDATA[Jerusalem]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[eternal capital]]></category>
		<category><![CDATA[israel]]></category>

		<guid isPermaLink="false">http://holyexposures.com/wordpress/?p=837</guid>
		<description><![CDATA[Nadav Shragai does a good analysis in today&#8217;s Haaretz of how Jerusalem is the key to the entire Mid East peace process.
When it comes to Jerusalem, there is no need to mention either natural growth or natural development; what is at stake is nature itself, the nature of our connection to this city and the [...]]]></description>
			<content:encoded><![CDATA[<p>Nadav Shragai does a <a href="http://www.haaretz.com/hasen/spages/1093586.html">good analysis in today&#8217;s Haaretz</a> of how Jerusalem is the key to the entire Mid East peace process.</p>
<blockquote><p><span>When it comes to Jerusalem, there is no need to mention either natural growth or natural development; what is at stake is nature itself, the nature of our connection to this city and the realization of the right that is rooted in our religion, our history, and 2,000 years of memory and longing, during which the Jewish presence in Jerusalem never ceased to exist. </span></p></blockquote>
<p>I wonder how many of our political leaders adhere to this sentiment?</p>
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		<title>Palestinians angered by Netanyahu peace terms</title>
		<link>http://holyexposures.com/wordpress/2009/06/15/palestinians-angered-by-netanyahu-peace-terms/</link>
		<comments>http://holyexposures.com/wordpress/2009/06/15/palestinians-angered-by-netanyahu-peace-terms/#comments</comments>
		<pubDate>Mon, 15 Jun 2009 14:48:25 +0000</pubDate>
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				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Jerusalem]]></category>
		<category><![CDATA[netanyahu]]></category>
		<category><![CDATA[obama]]></category>
		<category><![CDATA[obama as arab]]></category>

		<guid isPermaLink="false">http://holyexposures.com/wordpress/?p=796</guid>
		<description><![CDATA[I still can&#8217;t believe that headline!
&#8211; Satire begin
Those crazy Palestinians.  Look how far this has gone.  Now when you offer them a state of their own, not only don&#8217;t they take it, but they get angry at you for offering it!   It reminds me of the typical Jewish mother.  Guilt, [...]]]></description>
			<content:encoded><![CDATA[<p>I still can&#8217;t believe that headline!<br />
&#8211; Satire begin<br />
Those crazy Palestinians.  Look how far this has gone.  Now when you offer them a state of their own, not only don&#8217;t they take it, but they get angry at you for offering it!   It reminds me of the typical Jewish mother.  Guilt, guilt, guilt. &#8220;What, we&#8217;re not good enough to live with you? You want to send us to our own place? After all we&#8217;ve done for you.  After all we&#8217;ve been through together? tsk&#8230;<br />
Satire over -<br />
<div class="wp-caption alignleft" style="width: 360px"><a href="http://news.yahoo.com/nphotos/Israel-Prime-Minister-Benjamin-Netanyahu-President-Barack-Obama/photo//090615/481/8ba679f8e0534fa38ad706f26f9e8400//s:/ap/20090615/ap_on_re_mi_ea/ml_israel_palestinians#photoViewer=/090615/481/c71b5ad820864c659eb5e7737b5c1243"><img alt="Extremist Poster of Obama as an Arab in Jerusalem" src="http://d.yimg.com/a/p/ap/20090615/capt.c71b5ad820864c659eb5e7737b5c1243.mideast_israel_palestinians_obama_jrl120.jpg?x=400&#038;y=278&#038;q=85&#038;sig=8r8GPzQ19A31tr.CqW2CiQ--" title="Obama as an Arab poster in Jerusalem" width="350" /></a><p class="wp-caption-text">Extremist Poster of Obama as an Arab in Jerusalem</p></div><br />
You would think that on the day Bibi Netanyahu actually utters the words &#8220;We&#8217;ll accept a Palestinian State&#8221; that finally the world would show some positive emotion.  The EU has already said that it&#8217;s not enough.  The US and Obama gave a tepid response.  The Arab League, buoyed by the lukewarm response of the western world, snapped at Israel and demanded that not one iota of land &#8217;settled&#8217; could be built on, including the 40,000 citizen &#8217;settlement&#8217; of Ariel (which was the actual example given by the Egyptian Minister).</p>
<p>In effect, however, the underlying argument the world is trying to shove down our proverbial throats is &#8220;Jews can&#8217;t live in Judea &#038; Samaria, period.&#8221; </p>
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		<title>French Anti-Zionist Party</title>
		<link>http://holyexposures.com/wordpress/2009/06/07/french-anti-zionist-party/</link>
		<comments>http://holyexposures.com/wordpress/2009/06/07/french-anti-zionist-party/#comments</comments>
		<pubDate>Sun, 07 Jun 2009 06:04:07 +0000</pubDate>
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				<category><![CDATA[Arabs in Israel]]></category>
		<category><![CDATA[Diaspora]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[anti semitism]]></category>
		<category><![CDATA[anti-zionism]]></category>
		<category><![CDATA[dieudonne]]></category>
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		<guid isPermaLink="false">http://holyexposures.com/wordpress/?p=744</guid>
		<description><![CDATA[File this in the &#8220;Just when you thought it couldn&#8217;t get worse&#8221; category:
France&#8217;s comedian  Dieudonné M&#8217;bala M&#8217;bala has created a political party to run in the upcoming parliamentary elections.  The French high court threw out a petition to ban this party from running in the elections as a racist party.
Their platform essentially states the [...]]]></description>
			<content:encoded><![CDATA[<p>File this in the &#8220;Just when you thought it couldn&#8217;t get worse&#8221; category:</p>
<div class="wp-caption alignleft" style="width: 187px"><img title="French Anti-Zionist Political Party" src="http://4.bp.blogspot.com/_VH0DmsF39UE/Sikl_QSjZeI/AAAAAAAABS4/J38PZ7d7Hv8/s400/liste.antisioniste.jpg" alt="French Anti-Zionist Political Party" width="150" height="230" /><p class="wp-caption-text">French Anti-Zionist Political Party</p></div>
<p>France&#8217;s comedian <span style="font-family: arial;"> </span><a style="font-family: arial;" href="http://en.wikipedia.org/wiki/Dieudonn%C3%A9_M%27bala_M%27bala">Dieudonné M&#8217;bala M&#8217;bala</a> has created a political party to run in the upcoming parliamentary elections.  The French high court threw out a petition to ban this party from running in the elections as a racist party.</p>
<p>Their platform essentially states the usually rhetoric that Israel, the USA, and the French (by implication) led by the &#8216;powerful Zionist lobby&#8217; are an axis of evil bent on overturning the world.</p>
<p>Notice how they found the token bearded Jew for this campaign poster to assure voters that they are not &#8216;anti-semitic&#8217;.</p>
<p>People, wake up!  European ambivalence to Jews has already been shaken by change in demographics.  The not-so subtle shift of European anti-Israeli populist movements jumping to the forefround is a harbinger of things to come.</p>
<p>How much longer before America&#8217;s populist agenda, especially with the maverick Obamian policies, turns ambivalent, or even worse, against Israel?</p>
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		<title>Mr Pink Floyd, We Don&#8217;t Need No Education!</title>
		<link>http://holyexposures.com/wordpress/2009/06/02/mr-pink-floyd-we-dont-need-no-education/</link>
		<comments>http://holyexposures.com/wordpress/2009/06/02/mr-pink-floyd-we-dont-need-no-education/#comments</comments>
		<pubDate>Tue, 02 Jun 2009 19:12:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Culture]]></category>
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		<category><![CDATA[pink floyd]]></category>
		<category><![CDATA[roger waters]]></category>
		<category><![CDATA[wall]]></category>

		<guid isPermaLink="false">http://holyexposures.com/wordpress/?p=710</guid>
		<description><![CDATA[Tear Down the wall says Roger Waters, former band member of Pink Floyd.  Mr Waters visited Israel in 2006 and played a single concert to a sold out makeshift open air stadium of 50,000 (paying) Israeli Jews.  He also found time on his whirlwind visit to hop over the fence (or over the big bad [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.jpost.com/servlet/Satellite?cid=1243872309006&amp;pagename=JPost%2FJPArticle%2FShowFull">Tear Down the wall</a> says Roger Waters, former band member of Pink Floyd.  Mr Waters visited Israel in 2006 and played a single concert to a sold out makeshift open air stadium of 50,000 (paying) Israeli Jews.  He also found time on his whirlwind visit to hop over the fence (or over the big bad wall, as he would put it) and spray paint some graffiti on the Palestinian side.</p>
<div class="wp-caption alignleft" style="width: 258px"><img title="Roger Waters of Pink Floyd and the Israel Palestinian Wall" src="http://www.jpost.com/servlet/Satellite?blobcol=urlimage&amp;blobheader=image%2Fjpeg&amp;blobheadername1=Cache-Control&amp;blobheadervalue1=max-age%3D420&amp;blobkey=id&amp;blobtable=JPImage&amp;blobwhere=1243872309011&amp;cachecontrol=5%3A0%3A0+*%2F*%2F*&amp;ssbinary=true" alt="Roger Waters of Pink Floyd at the Israel Security Fence" width="224" height="182" /><p class="wp-caption-text">Roger Waters of Pink Floyd at the Israel Security Fence</p></div>
<p>Three years later, at 65, Roger Waters is ambivalent about his having visited Israel (and taking in millions of dollars spent by adoring Israeli fans).  Mr Waters thinks that the wall is actually a colonialist action by Israel.  Never mind that this wall was put up to help prevent terror attacks and bus bombings of innocent civilians.  Never mind that the wall has essentially stopped terrorism from the areas in where it was erected.  Never mind that the US has a longer and bigger wall with it&#8217;s Mexican border in several high-trafficked areas (and Mexico is not at war with the USA!).</p>
<p>What would I say to him if I had the chance to sit him down and explain the whole thing.  Would I tell him how the wall has given Jewish families in Neve Yaakov and Gush Etziyon, to name a few, the chance to leave for work in the morning without wondering if their kids would be burying them that night?  How much Jewish blood can be spilled for Mr. Waters to acquiesce to Israel attempting to prevent further savage acts.  How many children living in the southern Jerusalem neighbourhood of Gilo should be forsaken?</p>
<p>These questions may remain unsolved to many, but to me it&#8217;s pretty clear.  As Israel&#8217;s government spokesman, Mark Regev put it ever so bluntly, &#8220;We don&#8217;t need no education about suicide bombers coming into Israel and murdering innocent people, and how the security barrier has prevented that by more than 95 percent&#8221;.</p>
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		<title>UN Sends Jewish Goldstone to Investigate Israel Warcrimes</title>
		<link>http://holyexposures.com/wordpress/2009/06/01/un-sends-jewish-goldstone-to-investigate-israel-warcrimes/</link>
		<comments>http://holyexposures.com/wordpress/2009/06/01/un-sends-jewish-goldstone-to-investigate-israel-warcrimes/#comments</comments>
		<pubDate>Mon, 01 Jun 2009 14:21:23 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Judaism]]></category>
		<category><![CDATA[News]]></category>
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		<category><![CDATA[war crimes]]></category>

		<guid isPermaLink="false">http://holyexposures.com/wordpress/?p=697</guid>
		<description><![CDATA[&#8220;A United Nations team headed by a veteran war crimes prosecutor has begun its probe into possible war crimes by Israel and Hamas militants during Operation Cast Lead. &#8221;
Israel has not accepted this probe and questions the validity of a UN-led team, with its known anti-Israel bias.
Foreign Ministry Spokesman Yigal Palmor said &#8220;This committee has [...]]]></description>
			<content:encoded><![CDATA[<p>&#8220;A United Nations team headed by a veteran war crimes prosecutor has begun its probe into possible war crimes by Israel and Hamas militants during Operation Cast Lead. &#8221;</p>
<p>Israel has not accepted this probe and questions the validity of a UN-led team, with its known anti-Israel bias.</p>
<p>Foreign Ministry Spokesman Yigal Palmor said &#8220;This committee has been instructed to find Israel guilty no matter what and there is no point in cooperating with such a masquerade.&#8221;</p>
<div class="wp-caption alignleft" style="width: 258px"><img title="Goldstone in Gaza to Probe Possible Israel Warcrimes" src="http://haaretz.com/hasite/images/iht_daily/D010609/gazaprobe248.jpg" alt="Goldstone in Gaza to Probe Possible Israel Warcrimes - Source: Haaretz" width="220" height="205" /><p class="wp-caption-text">Goldstone in Gaza to Probe Possible Israel Warcrimes - Source: Haaretz</p></div>
<p>The commission is headed by a Jew, Richard Goldstone, a South African judge.  The irony is not lost on this author that even in this day and age a Jew and non-Israeli would be willing to lead a commission that investigates Israel in a world forum.</p>
<p>Israel said last week that it will not cooperate with the UN team.</p>
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		<title>Three State Solution &#8211; Israel, Gaza, West Bank</title>
		<link>http://holyexposures.com/wordpress/2009/05/27/three-state-solution-israel-gaza-west-bank/</link>
		<comments>http://holyexposures.com/wordpress/2009/05/27/three-state-solution-israel-gaza-west-bank/#comments</comments>
		<pubDate>Wed, 27 May 2009 07:09:07 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Arabs in Israel]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[arab]]></category>
		<category><![CDATA[gaza]]></category>
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		<category><![CDATA[palestine]]></category>
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		<category><![CDATA[two state solution]]></category>
		<category><![CDATA[west bank]]></category>

		<guid isPermaLink="false">http://holyexposures.com/wordpress/?p=675</guid>
		<description><![CDATA[It&#8217;s always gratifying and refreshing to hear Arab pundits and experts admit the cracks in their political foundation.
The whole world it seems would be a much better place if Israel and the Palestinians could just get along.  The western world, led by US President Obama, believes that the two-state solution would be the best way [...]]]></description>
			<content:encoded><![CDATA[<p>It&#8217;s always gratifying and refreshing to hear Arab pundits and experts admit the cracks in their political foundation.</p>
<p>The whole world it seems would be a much better place if Israel and the Palestinians could just get along.  The western world, led by US President Obama, believes that the two-state solution would be the best way to solve this century-long conflict.  Israeli PM Netanyau will be cajoled, then pressured, then threatened to accept a solution that gives the Palestinians a USA embassy.</p>
<p>Now comes the rub&#8230;  Where will be the capital of this new Arab state?  Hamas and their terrorist allies will insist on Gaza City to be the seat of government.  Whereas, Abbas and his Fatah terrorists (don&#8217;t be deluded to think they are moderates) will stake claim to Ramallah as the new capital.</p>
<blockquote><p>Political scientist Mkjaimar Abusada, a professor at Al-Azhar University in Gaza said, &#8220;It is hard enough to see how peace talks will succeed anyway.  <strong>Maybe we&#8217;re headed for a three-state-solution</strong>:  Israel, the West Bank, and Gaza.&#8221;</p></blockquote>
<p>This is getting harder to score than a credit rating for AIG.  Do the Palestinians really want a state right now, or do they want to continue arguing with us.  Let&#8217;s say we can come to an agreement&#8230; To whom do we give the keys?  </p>
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		<title>Palestinians vs. Israel &#8211; We&#8217;re in the Third Phase</title>
		<link>http://holyexposures.com/wordpress/2009/05/24/palestinians-vs-israel-were-in-the-third-phase/</link>
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		<pubDate>Sun, 24 May 2009 19:43:09 +0000</pubDate>
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				<category><![CDATA[Arabs in Israel]]></category>
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		<guid isPermaLink="false">http://holyexposures.com/wordpress/?p=657</guid>
		<description><![CDATA[I read an interesting interview yesterday with a Rabbi from a program that specializes in keeping religious soldiers on the path of learning Torah _after_ they leave the army.  I can&#8217;t remember the Rabbi&#8217;s name, but this was the gist of his argument on why Hamas and Palestinians seem to be gaining so much [...]]]></description>
			<content:encoded><![CDATA[<p>I read an interesting interview yesterday with a Rabbi from a program that specializes in keeping religious soldiers on the path of learning Torah _after_ they leave the army.  I can&#8217;t remember the Rabbi&#8217;s name, but this was the gist of his argument on why Hamas and Palestinians seem to be gaining so much of the world opinion against us.  Here&#8217;s his point in a nutshell:<br />
The Arabs, and particularly the Palestinians, have locked horns with Israel since 1948 using three distinct methods.  The <strong>first phase</strong> was conventional war &#8211; army to army.  That tactic failed them miserably.  The <strong>second phase </strong> was terror.  It&#8217;s nascent steps of hijackings and international staged terror events began in the late 60&#8217;s and continued through two intifadas in the 80s and 90s.  This phase failed as well, since despite all the terrible pain inflicted on us, we are a stiff-necked nation (עם קשה עורף).<br />
We&#8217;ve been in the <strong>third phase</strong> in the past couple years as Arab nations build mock trials and judicial hearings and use the soft tongue of Arab diplomacy to assure the world that everything would be better if there just wasn&#8217;t Israel.  Putting it bluntly, they couldn&#8217;t beat us by force, so they are trying to gain in the world forums by persuading world leaders, including newly elected Obama, and European Nations (with their own Islamic population problems) to join together against Israel.<br />
&#8211;End of the Rabbi&#8217;s hypothesis&#8211;and on to my analysis:<br />
The early indications show that Phase three is potentially the deadliest.<br />
When Ahmadinejad in Iran threatens, we listen, and we respond.  When President Obama tells us to lighten up and accept the Fatah as our partners, we say &#8220;well at least we&#8217;re better off than with Hamas.  Remember the so-called &#8216;moderate&#8217; Fatah.  In 1995 we gave Fatah assault weapons (as part of the Nobel Prize winning Rabin and Peres&#8217; Oslo Accords).  In 1996, they turned their weapons on the Israeli checkposts.<br />
It was the Fatah who butchered the two Israeli reservists who ended up unfortunately in Ramalah and were dragged to a Fatah controlled Police Station to meet their untimely demise.  By the way, this was during our &#8216;period of peace&#8217;.  It was the Fatah who danced on their rooftops for joy when the twin-towers fell to Osama Bin-Laden&#8217;s deadly attack.<br />
Today&#8217;s headline: <a href="http://www.ynet.co.il/articles/0,7340,L-3720801,00.html">לברוב: חמאס נוקט גישה מציאותית יותר</a> The Russian Foreign Minister met with Khaled Mashal (Hamas Terrorist #1) in Syria, and then told the world that Hamas is &#8220;ready to share it&#8217;s responsibility in Gaza&#8221; and that we (e.g. the western world) should be speaking with Hamas and not shunning them.<br />
As much as we&#8217;d like to think that world opinion couldn&#8217;t possibly make a difference, it does.  Have a look a this article from the well-respected political affairs magazine <a href="http://www.commentarymagazine.com/printArticle.cfm/Israel-Today--the-West-Tomorrow-15134">Commentary &#8211; Israel Today, Tomorrow the West</a>.  Very depressing stuff&#8230;<br />
I suppose the question we need to ask ourselves is, are we ready to fight the third phase?  </p>
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		<title>In Sderot the Kids Know What to do</title>
		<link>http://holyexposures.com/wordpress/2009/01/06/in-sderot-the-kids-know-what-to-do/</link>
		<comments>http://holyexposures.com/wordpress/2009/01/06/in-sderot-the-kids-know-what-to-do/#comments</comments>
		<pubDate>Tue, 06 Jan 2009 04:14:54 +0000</pubDate>
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		<guid isPermaLink="false">http://holyexposures.com/wordpress/?p=612</guid>
		<description><![CDATA[My cousin was visiting in Sderot last week. He is a Rabbi and sofer (Biblical scribe), and often travels to places in Israel to check religious articles to see if they need to be repaired.
He shared with me this absurd and truly &#8216;unreal&#8217;, but very real story:
Last week, he visited a few houses in Sderot [...]]]></description>
			<content:encoded><![CDATA[<p>My cousin was visiting in Sderot last week. He is a Rabbi and sofer (Biblical scribe), and often travels to places in Israel to check religious articles to see if they need to be repaired.</p>
<p>He shared with me this absurd and truly &#8216;unreal&#8217;, but very real story:</p>
<p>Last week, he visited a few houses in Sderot to check their mezuzot (Jewish families are required to place mezuzot on the doorways of their home).  During one of his inspections, a nine year old girl from the home was following him and watching his work.  Suddenly, the sirens went off.  He froze.  What to do? Where to go?</p>
<p>The 9 year girl very calmly said, &#8220;quick, follow me to the corner of the sealed room and bend down like this.&#8221;  Fifteen seconds later he heard a big BOOM outside the house.  The girl then said, &#8220;wait a little longer, there&#8217;s usually another boom or two.&#8221; Again, seconds later, BOOM, BOOM.</p>
<p>Shaken and disturbed, my cousin completed his tasks in Sderot and hurried home to Jerusalem.  He then realized that the other family members were busy doing other tasks around the house and had deliberately sent their girl to watch over him in case of an attack.</p>
<p>This is Israel, a modern first (or second) world country, with a strong economy, lauded hi-tech sector, and yet our border towns have been afflicted with this absurd ritual for as long as Gaza has been in the hands of the terrorist Iran-backed Hamas.  </p>
<p>Imagine that you are visiting your friends in Florida.  Miami Beach is nice this time of year.  During your visit, sirens start whaling and your friend&#8217;s 9 year old child (that&#8217;s a 3rd grader) tells you that you now have 15 seconds to run to the corner of the sealed room, where the missiles are less &#8216;likely&#8217; to penetrate.</p>
<p>What if this scenario was played out in France? Would Sarcozy listen to the world opinion that the French government should show restraint and not fire back against the aggressors?   Yes, Israel has the capabilities to fight back, and usually only after many blows does Israel finally takes steps to end the aggression against it.</p>
<p>The world media has always run roughshod over the tiny State of Israel.    AP and Reuters have Arab journalists managing and writing stories on Israel.  They often make feign attempts to show both sides of the story, but usually the venomous words are directed at the Jewish State. Other media organizations, such as the BBC and The Guardian make no attempts to hide their disdain for Israel.  Such tendentious reporting helps to skew the already tainted view of Israel.</p>
<p>When you read Yahoo News about Israel (the world&#8217;s number 1 website destination), you are often reading AP&#8217;s Ibrahim Barzak, a Palestinian Arab, giving you so-called unbiased accounts of Israel&#8217;s fight for freedom against daily terrorist attacks.  </p>
<p>The next time you read a story about Israel&#8217;s aggression and attacks on Gaza, remember the fifteen seconds you will have to follow your nine year old guide to safety.</p>
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		<title>15 Seconds to Sderot</title>
		<link>http://holyexposures.com/wordpress/2009/01/05/15-seconds-to-sderot/</link>
		<comments>http://holyexposures.com/wordpress/2009/01/05/15-seconds-to-sderot/#comments</comments>
		<pubDate>Mon, 05 Jan 2009 06:57:01 +0000</pubDate>
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		<description><![CDATA[15 seconds is all that it takes for a rocket fired from the Hamas-controlled Gaza to land in the nearby Israeli town of Sderot.  It will probably take you longer than that to read this blog post.
Imagine that you are in your living reading a book, watching TV or having a bite to eat, [...]]]></description>
			<content:encoded><![CDATA[<p>15 seconds is all that it takes for a rocket fired from the Hamas-controlled Gaza to land in the nearby Israeli town of Sderot.  It will probably take you longer than that to read this blog post.</p>
<p>Imagine that you are in your living reading a book, watching TV or having a bite to eat, your kids are in the next room playing, and then you hear the sirens sounding that another mortar or rocket is heading your way.  You now have 15 seconds, FIFTEEN SECONDS, to run as fast as you can to your shelter and hope that the rocket goes somewhere else.</p>
<div class="wp-caption alignleft" style="width: 280px"><a href="http://www.ynet.co.il/articles/0,7340,L-3650502,00.html"><img title="Gaza Under Fire (AP)" src="http://www.ynet.co.il/PicServer2/28102008/1773171/JRL110_wh.jpg" alt="Gaza Under Fire (AP)" width="270" height="210" /></a><p class="wp-caption-text">Gaza Under Fire (AP)</p></div>
<p>This is the life that has been determined for the residents of Israeli towns near by Gaza the Iran-backed Hamas terrorist organization.  Israel has suffered much damage, including loss of civilian lives, damage to buildings, destruction of local economies, and emotional scars to the local residents for eight years.</p>
<p>Israel&#8217;s decision to finally (hopefully) put an end to this suffering of its innocent civilians, and to rid the Palestinians of their Iran-backed terror state, was met with mixed responses by the world community.  We didn&#8217;t expect praise from the Arabist U.N., nor from our &#8217;so-called&#8217; friends in Europe, but let&#8217;s see how any country, democratic or otherwise, would respond to these similar circumstances.</p>
<p>The State of Israel is fighting the same war it has always fought, since it&#8217;s inception in 1948.  This is a war of &#8220;kiyum&#8221;, being able to remain a sovereign nation.  This is a war we must win.</p>
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		<title>Financial Crisis to bring recession to israel</title>
		<link>http://holyexposures.com/wordpress/2008/10/18/financial-crisis-israel-dollar-shekel/</link>
		<comments>http://holyexposures.com/wordpress/2008/10/18/financial-crisis-israel-dollar-shekel/#comments</comments>
		<pubDate>Sat, 18 Oct 2008 20:57:58 +0000</pubDate>
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		<guid isPermaLink="false">http://holyexposures.com/wordpress/?p=502</guid>
		<description><![CDATA[We&#8217;ve all been watching the recent developments of Wall Street with a keen eye.  How, if at all, will it affect us individually?  Will Israel be dragged into a recession as well as the rest of Europe?
An inevitable part of the US&#8217;s historic $750 billion bailout package is the huge amount of paper that the [...]]]></description>
			<content:encoded><![CDATA[<p>We&#8217;ve all been watching the recent developments of Wall Street with a keen eye.  How, if at all, will it affect us individually?  Will Israel be dragged into a recession as well as the rest of Europe?</p>
<p>An inevitable part of the US&#8217;s historic $750 billion bailout package is the huge amount of <em>paper</em> that the government has to print.  The money has to come from somewhere, and usually that means selling more treasury notes and bills, or bartering paper with foreign governments.</p>
<p>With all that new money hitting the markets, you&#8217;d expect the dollar to drop in value.  However, the world economy follows the USA like a herd to a shepherd.  All the talk about Euros, shmooros&#8230;  When you want a safe currency in times of crisis, you don&#8217;t look to Europe with one of its EU members (Iceland) on the brink of bankruptcy, nor do you look to China or Japan, as they are having their own crises.  You buy dollars.  And that&#8217;s exactly what&#8217;s been going on since the US bailout plan was passed.</p>
<p>As a result, major and 2nd tier currencies alike have lost approx 5% in value against the US Dollar in the past week.  In Israel, the drop was sudden and major.  Two week ago, the Shekel (NIS) was trading against the USD in a range from 3.48 to 3.50.  Almost overnight, the Shekel devalued against the dollar to 3.70.  That&#8217;s a 5 percent change.</p>
<p>That&#8217;s very <strong>good </strong>for Israeli exporters, tourism, and for Israelis who&#8217;s salary is linked to the dollar, and for technology companies who raised funds in dollars.</p>
<p>That&#8217;s very <strong>bad</strong>, however, for importers, most Israelis who do not have linkage on their salary, and just about every consumer.  Prices will start to rise at the supermarket, which will in turn reduce consumption, and bring on inflation, and then recession.</p>
<p>Much of the strength of the Israeli economy over the past few years has been related to the strength and new found autonomy of the Israeli currency.  Breaking with the norm of the past 60 years, for example, Real estate was being quoted in Shekels.  Israelis had a new sense of pride in our national currency.</p>
<p>Now with this recent crisis, and the fall of the Euro as the other viable currency alternative to the almighty dollar, it appears Israel&#8217;s economy will be waiting for the other shoe to drop.</p>
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