7 thoughts on “Stanley Fischer to Poor Israelis: Let ’em Eat Cake – Tikun Olam תיקון עולם إصلاح العالم
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  1. The American Model — of so many IMF impositions on mostly weak countries and not also on Greece — is ALSO IMPOSED ON USA AND ISRAEL.

    Reduced expenditure for the poor, the middle class, vastly increased concentration of power and wealth in the hands of an ever-smaller oligarchy, government bought and paid for by the rich whose table-scraps are riches to the legislators and presidents who wish, with understandable lack of concern for the people to be re-elected (hardly seems corrupt when so expressed).

    Why should Israel be any different?

    But if by some happy chance Israel could lead the way to breaking the power of the oligarchs, and show it to the world, and describe the situation before and after accurately, and EXPRESS ANGER, and PRACTICE WELL-DESERVED CLASS WARFARE, well — WONDERFUL.

    And be nice to do something for the Palestinians along the way. Pass along some table scraps, or some minced oligarch.

    1. The reality of Israel, the “not normal” picture, grows more grotesque every day. I am all for class war here in the US and in Israel. It is time to take these rich guys, buying off politics day after day, to take them down a peg or two. What Israel needs, and the US, is leadership, someone with credibility and charisma to point the way. For now, decent folks everywhere have to organize and work at offsetting the sickening policies in both countries.

  2. RE: “Stanley Fisher, head of Israel’s central bank, knows on which side his bread is buttered…Fisher is pleased as punch that a few Israeli families own most of the wealth in the country” ~ R.S.

    ALSO NOTE: U.S. tax-evasion probe leads to Israeli banks, By David Ferguson, Reuters, 9/16/11

    (excerpts) The U.S. pursuit of offshore tax evaders is widening to include Israel, where U.S. authorities are scrutinizing three of Israel’s largest banks over suspicions their Swiss outposts helped American clients evade taxes, people briefed on the matter said…
    …A spokesman for the Bank of Israel, the country’s central bank, said on Thursday the agency “cannot comment on questions that refer to specific banking corporations.” One person briefed on the matter said the U.S. Justice Department “tries to deal with the entity, not the government” in its crackdown on tax evasion…
    …David Garvin, a tax lawyer in Miami representing American clients of offshore banks, said, “Israel isn’t really anxious to be viewed as turning people over.”
    A spokesman for the Israeli embassy in Washington did not respond to questions.

    ENTIRE ARTICLE – http://www.rawstory.com/rs/2011/09/16/u-s-tax-evasion-probe-leads-to-israeli-banks/

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