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August 1, 2015 / 16 Av, 5775
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World Bank Distorting Truth, Blaming Palestinian Failures on Israel

Starting in 1994, Palestinian poverty has been increasing steadily, until it really started revving down, so to speak, in more recent years.
Palestinians attend the Technology Expotech, 2009, in Ramallah.

Palestinians attend the Technology Expotech, 2009, in Ramallah.
Photo Credit: Issam Rimawi/FLASH90

Here’s another bit from Wikipedia:

Since 2010, Israeli high-tech companies have begun to employ Palestinian engineers. To date, most of them are outsourced workers, but Mellanox, a computer hardware firm, plans to hire 15-20 Palestinian engineers as regular employees.

Starting in 2008, Cisco Systems began a concerted effort to jump-start the nascent Palestinian IT sector with a holistic ecosystem approach, encompassing venture capital, private equity, capacity building and direct outsourcing to Palestinian companies. The company invested $15 million toward that end and drew in other major international investors and donors, including Microsoft, HP and Google. The Palestinian IT sector has since grown from .8% of GDP in 2008 to 5% in 2010.

Every penny that goes from “donor nations” into the hands of PLO and Hamas bosses will, by default, work against economic growth. That money will be used to support a patronage network of police, security and civil servant lackeys whose mission is to keep the boot of the two gangster governments on the necks of creative, productive Palestinians.

Only direct investments in Palestinian businesses have a chance in hell of boosting the economy there, on three levels:

  1. With the growing wealth, a circle of plenty will be created around those businesses, providing consumer goods, services and labor.
  2. Growing wealth in third world countries always spells declining birthrates, also a very good thing for a population that currently reproduces at a rate of more than 5 births per female.
  3. Most importantly: as the population’s wealth grows, its desires for honest, democratic government grows, and their demands of their oppressors become real.

Instead of blaming Israel for daring to protect itself against some of the most vicious murderers on the planet, the World Bank should help the Palestinians protect themselves from those very same vicious murderers.

 

About the Author: Yori Yanover has been a working journalist since age 17, before he enlisted and worked for Ba'Machane Nachal. Since then he has worked for Israel Shelanu, the US supplement of Yedioth, JCN18.com, USAJewish.com, Lubavitch News Service, Arutz 7 (as DJ on the high seas), and the Grand Street News. He has published Dancing and Crying, a colorful and intimate portrait of the last two years in the life of the late Lubavitch Rebbe, (in Hebrew), and two fun books in English: The Cabalist's Daughter: A Novel of Practical Messianic Redemption, and How Would God REALLY Vote.


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3 Responses to “World Bank Distorting Truth, Blaming Palestinian Failures on Israel”

  1. I noticed the term – prolonged closures as being a cause – what prolonged closures are they talking about?

    There haven't been any – we are not to blame for a Thugocracy's actions.

  2. Ethan Perks says:

    Big surprise! Blame Israel! NOT!
    I'm surprised Israel doesn't get blamed for global warming.

  3. Don't give them any ideas!

Comments are closed.

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