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April 20, 2014 / 20 Nisan, 5774
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Posts Tagged ‘Israel Bonds’

Mike Huckabee: How Can a Democrat Support Obama as ‘Pro-Israel?’

Wednesday, December 11th, 2013

Fox News talk show host and former Arkansas Gov. Mike Huckabee is already looking ahead to 2016 when he thinks American Jews who care about Israel will support him if he makes another stab at becoming the Republican party presidential candidate.

“I’m looking at it very seriously” he told JNS.org when asked about 2016, adding that he is having exploratory meetings to determine “whether people who I trust, and people whose views I have confidence in, believe that there is a pathway forward for me through the primary.”

Presidential candidates always have their eyes beamed on the “Jewish vote,” which includes “Jewish money.” One lesson from the 2012 election was that money cannot buy an election. Just ask Sheldon Adelson who GOP fundraisers said was $150 million poorer, in a virtual way, after President Barack Obama handily won re-election.

Most of the dough went to super PACs. Adelson also spent a few million dollars to prop up Newt Gingrich’s efforts to go head-to-head against Obama, but the money could have been better spent on supporting a yeshiva or some soup kitchens in Israel.

But Huckabee, an ordained Baptist minister, must view the American Jewish vote as something spiritual with roots in the Holy Land and an ear in the Heavens.

“Israel could have no greater supporter than Mike Huckabee, and as far as any concerns we have about the safety and security of the state of Israel, we couldn’t ask for better than Mike Huckabee,” Fred Zeidman, a Houston businessman and major donor to Republican presidential campaigns, told JNS.

President Obama won 78 percent of the Jewish vote in 2008 and “only” 69” percent in 2012. Republican pounced on the drop as indicative of a trend of Jews fed up with the President’s attitude towards Israel in general and Prime Minister Binyamin Netanyahu in particular.

“I would certainly hope” that the downtrend in Jewish support for Obama will continue in the next election, no matter who the Democrats nominate, Huckabee said.

He understands that Jews traditionally vote Democrat because of a liberal socio-economic orientation.

But if Israel is a factor, why would anyone committed to the safety and security of the future of Israel “be supportive of the policies of Barack Obama, which you can call the most frighteningly non-supportive [U.S.] policies on the state of Israel since its inception,” he asked.

“I can’t imagine that somebody could look at those policies and say, ‘Boy, [Obama has] really got the Israelis’ back’—because he doesn’t,” Huckabee added. “If that’s a priority, and that becomes a defining factor in how people vote, then it’s inconceivable to me that they could give their support to someone who supports the current administration’s policies toward Israel.”

The key to Huckabee’s mistake is that for most American Jews, Israel is not a factor.

Huckabee does not understand that the majority of American Jews supports their own concept of Israel, not Huckabee’s, and not mine and probably not yours.

This theme has been hammered over and over again in books on Americans and Zionism, but it bears repeating: The existence of Israel makes most American Jews feel good to be Americans, especially when Israel is considered something like a 51st state with kosher food and lots of synagogues open for Yom Kippur. Most American Jews have a good conscience so long as Israel exists, and they don’t care where the borders are so long as no one, God forbid, criticizes Israel.

“Oy, the United Nations says Israel is illegally letting Jews live in Judea and Samaria? The put them back in Tel Aviv where they belong

“Oy, The New York Times condemns Israel for maintain the Western Wall as an orthodox religious site? How Un-American! Let the Women of the Wall make the rules.”

And don’t forget to wave the Israeli flag on Yom Ha’Atzmaut, Israeli Independence Day, during the seventh inning stretch.

Huckabee forgets one important point. Sorry man, but most American Jews are not orthodox. Most American newlyweds do not even marry other Jews, unless the term “Jew” is widened to include anyone who decides for himself, ”Yeah, I think I will be Jewish.”

Regarding those who consider Israel a factor, Huckabee certainly has the backing of American Jews, most of them Orthodox, who know that the “peace process” is a bunch of baloney, but dangerously poisonous, and that Judea and Samaria is just as much a part of Israel as is Tel Aviv.

He forgets that most of the remaining real Jews – those who are Jewish according to Jewish law –  are “armchair Zionists.” They buy Israel Bonds on Yom Kippur, pushing down a tab with enough zeros after the “1” so that their name can be announced from the pulpit.

Ohio Bought High Yielding Israel Bonds, Arab Advocates Shout Foul

Monday, July 15th, 2013

Josh Mandell is the treasurer for the State of Ohio.  He is also Jewish, a former Marine, and a grandchild of Holocaust survivors.

In March, Mandel purchased $42 million in Israel bonds.  It was the single largest Israel bond investment by a state, and increased Ohio Treasury’s Israel bonds portfolio to over $80 million.

“During our administration, we’ve managed to earn a ‘AAA’ credit rating on our multibillion-dollar STAR investment fund, as well as earning the first upgrade in a decade on the Ohio Enterprise Bond Fund,” Mandel told the Cleveland Jewish News on the day of the bonds purchase.

“This investment fits into the strategy that has produced positive results for us over the past couple years.”

Mandel’s press secretary told the Columbus Dispatch that, since 1993, all of Ohio’s treasurers, Democrats and Republicans, have invested state money in Israel Bonds.  Ohio law was amended in 1993 to allow the state to invest in foreign bonds.

“Israel Bonds are an attractive investment option for state and municipal public funds because they maintain a high credit rating, are dependable and yield a competitive interest rate,” Berry said.

The fixed-rate bonds purchased in the March purchase have yields that are three to four times the rates of comparable U.S. Treasury bonds.

So, a great deal for Ohio – everyone’s happy, right?  Wrong.

For those Ohioans who prefer that their state get a lower return on investment than tarnish their government dollars by investing in the Jewish State, news of the Israel Bonds purchase was more than they could bear.

Members of seventeen Ohio-based pro-Arab Palestinian organizations signed an open letter demanding that the state of Ohio pull its $80 million investment in Israel bonds.

The letter states that the investment, “undertaken without consent” of Ohio citizens, “in a state that regularly violates international law and human rights.”  It continues by describing Israel as an Apartheid State which regularly “humiliates Palestinian men, women and children,” and declares that the investment in the state of Israel “shames the state of Ohio and poorly reflects upon the character” of the state’s citizens.

“In the Ohio Treasurer’s office, we make decisions on what’s best for our taxpayers, not based on what radical Islamic groups want us to do,” was Mandel’s response.

Mandel ran for congress last fall but was soundly defeated by incumbent Democrat Sherrod Brown.

The anti-Israel groups continued to demand that Israel Bonds investment be removed from Ohio’s portfolio and that the state henceforth  “refuse to invest in the state of Israel while it continues to violate international law and human rights in Palestine.” Mostly far leftist student groups, local branches of the International Socialists, and various Students for Justice in Palestine and Muslim and Arab Student Unions signed the letter.

The most tasteless response to the Israel Bonds purchase was from a white supremacist site by the name, “Unity of Nobility.”  In what has thankfully become a rarity, this site revived the practice of using the word “Jew” as a verb, describing the purchase of the Israeli Bonds this way: “Ohio Just Got Jewed.”  The story was accompanied by a picture of Mandel with a yellow arm band with the word “Jude” photoshopped in.

 

Invest or Gamble? Egypt Sells Islamic Bonds

Thursday, May 9th, 2013

The Muslim Brotherhood regime in Egypt, headed by President Mohammed Morsi, is set to issue “Islamic bonds,” not to be confused with the highly successful Israeli bonds that helped the Jewish state get off it feet after its re-establishment in 1948.

Unlike Israel, modern Egypt has been around for a long time, but the Arab Spring rebellion that ousted Egyptian President Hosni Mubarak has driven the country into bear-bankruptcy, despair and social rivalries that have pitted Muslim sects against each other as well as Christian Copts.

Morsi wants to sell bonds to ease the ballooning deficit. The bonds also represent another move to make Egypt an Islamic country.

Liberal Egyptians and the radical Muslim Salafist opposition party are against the sale of Islamic bonds. The liberals are against an Islamic state, while the Salafists are concerned that foreign investors will take over Egypt’s private assets. The law allowing the sale of Islamic bonds prohibits their sale for state-owned assets.

$225 Million Raised By Israel Bonds in One Night

Monday, January 23rd, 2012

A record $225 million was raised for the State of Israel on Sunday night at the annual Israel Bonds conference in Miami.

Minister of Finance Yuval Steinitz, the guest of honor, gave a speech in which he encouraged American Jews to invest in Israel and declared that 2012 would be a year of great investment and economic growth in Israel.

According to the Israeli Ministry of Finance, Israel Bonds raised $1.1 billion in all of 2011.

Printed from: http://www.jewishpress.com/news/breaking-news/225-million-raised-by-israel-bonds-in-one-night/2012/01/23/

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