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September 30, 2016 / 27 Elul, 5776

Posts Tagged ‘trust’

Shelach: How Can I Trust God When I Don’t See Him?

Friday, July 1st, 2016

This week, we read about the tragic sin of the spies. It’s a very frustrating story. Every time we read it, just as the spies are about to give their report, we want to scream out, “NO – DON’T DO IT!” How could they have doubted God? How could they have sinned so egregiously?

 

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Rabbi David Fohrman

It’s About Time: Government Trust Fund for Every Israeli Child

Tuesday, June 21st, 2016

For the first time in the history of the state, starting January 1, 2017, every Israeli child below the age of 18 will receive a trust fund in which the National Insurance Administration (Israel’s Social Security) will be making monthly deposits. Parents will be able to select an alternative financial institution for their child and be allowed to invest in the fund from the government child allowance.

Finance Minister Moshe Kahlon said that the new trust fund for every child will go a long way to “narrow the social gaps in Israel, and promote equal opportunities for middle class and the weaker sectors, as well as raise awareness about saving.”

As it was laid out on Tuesday, the plan will allow an 18-year-old Israeli who has been enrolled all his life to embark on his adulthood with about $5,000. The trust fund plan is based on National Insurance making $14 monthly deposits in the funds. The hope is that with interest and added investments the fund would yield an even higher amount, enough to carry the young person through college, help start a small business or make any other worthwhile investment.

If the young Israeli opts to delay withdrawing the funds until he or she turns 21, National Insurance will add a 500 shekel bonus ($180) to the account at that point and the government would pay all the fees on the fund.

The obvious problem is that $5,000, which will be pulled out of the war on poverty budgets, is not a lot of money, and the future may be paved with Israeli young adult driving cheap cars or going on that incredible trip to India or the Amazon forest, rather than using the money for its intended purpose.

It would have been much more meaningful had government invested those $5,000 in the fund up front, which at 2% would yield more than $7,000, an end amount that could be boosted by the parents and the child over the years. With only $14 monthly deposits by the parents, the fund would be doubled by the end of the 18-year term.

But to do that, with about 200,000 babies born annually, Israel would have to divert about $1 billion from its budget to those funds. Not an impossible figure for a country with a $300 billion annual GDP. The upside would be a population that’s more serious about saving and investing, and young people who have a stake in the stability of the system. Those would include young Israeli Arab, by the way.

David Israel

POLL: Will Israeli-Jews Trust Israeli-Arabs Ever Again?

Sunday, October 18th, 2015

Israel is facing a murderous wave of terror being committed by seemingly mainstream Israeli-Arabs against Jews. A significant number of the terrorists worked side-by-side with Israeli-Jews.

Even the city of Tel Aviv has decided to ban Israeli-Arabs from working in schools, during school hours – to reduce the likelihood of an Israeli-Arab slaughtering Jewish children.

Is this the end of Israeli-Arab coexistence in Israel?

(Wait for the poll to load)

free polls

Jewish Press Staff

Excellent Work Plan

Friday, August 23rd, 2013

Some Palestinian speaker detailing his view on negotiations over “Palestine,” and meanwhile offers a very good and reliable plan for Israel to deal with his kind. Just change the name to “Israel” and act accordingly, the situation would be resolved in under a day.

As a good friend of mine pit it, once you place yourself outside the law, you cannot continue to receive protection from the same law. This is a superb example of this axiom.

Last night, after someone in Lebanon shot four Katyusha rockets at Naharia, I expected a couple of IAF wings to get over to South Lebanon and return a large swath of land to the 12th century. Instead, we saw a proportionate response, an attack on some target south of Beirut which killed no one and didn’t even damage property.

We need to appoint this Palestinian man as our prime minister and follow whatever he says – except apply it to the enemy. Trust me, we will be immeasurably successful.

Oh – and watch the two Neturei Karta guys with the anti-Zionist sign. Do they recognize a pogrom in the making? I wonder.


Yori Yanover

Printed from: http://www.jewishpress.com/multimedia/video-picks/excellent-work-plan/2013/08/23/

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