Showing posts with label Palestinian solidarity. Show all posts
Showing posts with label Palestinian solidarity. Show all posts
Tuesday, May 13, 2025
Wednesday, May 7, 2025
Saturday, March 22, 2025
Wednesday, April 17, 2024
Friday, April 12, 2024
Wednesday, March 27, 2024
Sunday, June 20, 2021
Tuesday, May 11, 2021
Monday, August 10, 2020
Israel's Historic Rothschild Dynasty Connection Revisited: Conclusion
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| Rothschild & Co.office location in Silicon Valley/Palo Alto/Bay Area of Calif. |
A May 7, 2017 press release of Rothschild and Co., for example, announced the “opening of new San Francisco Bay Area office;” and noted that “the Bay Area office” was “the seventh Rothschild office in North America.” In this same May 7, 2017 press release, Rothschild Global Advisory Managing Partner and Head Robert Leitao is also quoted as saying:
“We have been serving clients in the San Francisco Bay Area for some time, and the opening of our office there will allow us to strengthen our team, ensuring that our clients continue to have access to the best people and advice. The U.S. and North American markets are a strategic priority for our firm, and this announcement demonstrates our commitment to the region. Following the opening of our Chicago office last year and the success of our team in Los Angeles over the past few years, Silicon Valley is another key piece in our plan to build out the business in the U.S.”
And a May 24, 2017 press release of Rothschild and Co., for example, also noted that because of “expansion of Rothschild’s Global Advisory business in North America Rothschild Global Advisory” was “further strengthening its North American business by announcing four more senior hires.” The same 2017 press release also quotes Rothschild Global Advisory Managing Director Peter “P.J.” Moses, “who heads the” Rothschild and Co.’s “Consumer team in North America,” as saying that “Over the past 3 years, our North American franchise has experienced tremendous growth as clients have come to appreciate the differentiated advice and insights that we bring along with the uniquely coordinated reach of our global platform.”
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| Palestinian Workers: Still Economically Exploited and Nationally Oppressed In 21st-Century |
“…We would like to express our deep concern about the situation of Palestinian workers in Israel and illegal settlements…While the situation of Palestinian men and women, especially workers, is difficult after decades of Israeli colonization and occupation, the Covid-19 pandemic makes it even more acute. Before the lock-down, nearly 130,000 Palestinian workers in the West Bank were forced to work in Israel or illegal settlements to survive. As in the rest of the world, the pandemic shows that these exploited workers are in fact doing work that the Israeli economy depends on. That is why, despite the current health crisis, the Israeli State has asked 40,000 of them to remain working in Israel, while Israelis remain confined to their homes…”
In addition, according to a December 31, 2018 Middle East Monitor article, a 2018 report of Israel’s National Insurance Institute “found that the percentage of Palestinian citizens of Israel living below the poverty line is almost double the national average, pointing to a huge disparity between Palestinian and Jewish Israelis:” and “found that 47.1 per cent of Palestinian-Israeli families live below the poverty line, versus a national average of 28.4 per cent..”
(end of article)
Sunday, August 9, 2020
Israel's Historic Rothschild Dynasty Connection Revisited: Part 9
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| Edmond de Rothschild (Israel) Ltd. business offices in Tel Aviv in 21st-century |
“On 14 May 2015, Edmond de Rothschild (Israel) Ltd. inaugurated its new offices on 20 Boulevard Rothschild in Tel-Aviv. Ariane de Rothschild reiterated her family commitment to Israel, and emphasized her intention to see the Group do more business in Israel to become a major player in the Israeli economy and its financial markets. She paid tribute to the impressive work achieved by the team in Tel-Aviv under the leadership of Miki Kliger….
“In 2007, the Edmond de Rothschild Group purchased the building at 20 Rothschild Boulevard...Benjamin de Rothschild is the Chairman of the Board of Directors of Edmond de Rothschild Holding SA, the umbrella entity of the Edmond de Rothschild Group. The overall management of all the businesses of the Edmond de Rothschild Group is the responsibility of the Executive Committee, which is chaired by Vincent Taupin.”
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| Baroness Ariane de Rothschild: Wife of Edmond de Rothschild Holding SA Chairman |
“Having been at the centre of the world's financial markets for over 200 years, we can rely on an unrivalled global network of trusted professionals and decision makers. This means that we have in-depth market intelligence, bringing us closer to current issues than any other global financial institution.
“Our 3,600 talented employees in over 50 offices around the world have a strong track record of outstanding execution in three business lines: Global Advisory, Wealth and Asset Management, and Merchant Banking.”
David de Rothschild is the Chairman of Rothschild & Co. He was first appointed Chairman of Rothschild & Co. Gestion, the Managing Partner of Rothschild & Co, in 2012, before leaving that post in May 2018 to become Chairman of the Supervisory Board of Rothschild & Co.
Eric de Rothschild, the current Vice-Chairman of Rothschild & Co, was previously appointed on 8 June 2012 as Chairman of the Supervisory Board, a position he held since 2004;” and “along with David de Rothschild, he was the main driving force in bringing together the English and French branches of the Rothschild family, and holds several other duties and positions within the Group and the family's wine-making companies,” according to the Rothschild & Co. website. In addition Rothschild & Co. Vice-Chairman Eric de Rothschild is also a member of the Board of Directors and General Manager of Rothschild Concordia SAS.
Another member of the Rothschild & Co. board of directors, Anthony de Rothschild, “over the last fifteen years” has “focused on developing a broad portfolio of investments, including music, fashion and retail companies,” according to the Rothschild & Co. website. And yet another Rothschild family member of the Rothschild & Co. board of directors, Arielle Malard de Rothschild, has also been a Managing Director at Rothschild & Cie SCS since 2006.
In addition, Rothschild & Co. board member Arielle Malard de Rothschild is also currently a “member of the Board of Directors of Groupe Lucien Barrière (France) and Imerys (France), ” Chairwoman of CARE France and Vice-Chairwoman of CARE International (Switzerland),” and a “member of the Board of Directors, Nomination and Remuneration Committee and Audit and Risk Committee of Electrica SA,” according to the same website.
Besides including Rothschild Dynasty family members (who possessed 62.7 percent of the Rothschild & Co.’s shareholders’ voting rights power and owned a 49.7 percent share of Rothschild & Co. stock as of December 31, 2019), the Rothschild & Co. board of directors also includes some rich folks who aren't members of the Rothschild Dynasty's family, like the following types of rich folks:
1. A Vice-Chairwoman who is also a CEO and Director of Bankque Martin Maurel, Hopital Saint-Joseph Foundation Director and a Vice-Chairwoman of the Association Francaise des Banques;
2. A second Vice-Chairman who is also a Chairman of Matheson & Co. and a Director of Dairy Farm, Hongkong Land, Jardine Matheson, Jardine Strategic, Mandarin Oriental, Ferrari NV and Yabuli China Entrepreneurs Forum;
3. A Managing Partner of Hombuger AG and a Director of dorma+korba Holding AG;
4. A Senior Advisor of Bain Consulting and Operating Partner of Advent International, a board member of Memo Bank and the Chairman of the Board of Dexia;
5. A Senior Partner of Morgan Lewis Stamford LLc and member of the Boards of Directors of Axa and Sanofi;
6. A Director of Eutelsat Communications, Sanofi (France and Naxos UK Ltd. (United Kingdom);
7. The Chairwoman of Todini Construction Generali SpA, Todini Finanziaria SpA, and Comitato Leonardo and a member of the Board of Salini Costruttori SpA; and
8. A member of the Board of Directors of Valeo.
According to its website, in the 21st-century the Rothschild Dynasty’s Rothschild & Co. is also “able to provide a highly informed perspective on the Israel market to our clients, through our fully-staffed office in Tel Aviv and supported by the expertise and connections of our senior staff” and it shares “this insight with Israeli companies on domestic and cross-border M&A and equity transactions...” In addition, according to its website, the Rothschild & Co. leverages its “ global network to advise international clients looking to invest in the country.”
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| Rothschild Dynasty's Rothschild & Co. business office in Tel Aviv |
Saturday, August 8, 2020
Israel's Historic Rothschild Dynasty Connection Revisited: Part 8
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| The headquarters of the Rothschild & Co Bank in UK (photo by Adrian Welch) |
But in his 1999 book, The House of Rothschild: The World’s Bankers 1849-1999, Niall Ferguson indicated how members of the Rothschild dynasty that were the initial funders of the Zionist movement’s settler-colonialist projects in Palestine over 100 years before, were apparently continuing to make a lot of money during the last two decades of the 20th-century:
“The N.M. Rothschild group is thus a multinational entity (more than 50 percent of its assets are now held outside the UK) with a wide geographical reach—again reminiscent of the system of houses which had been developed by Mayer Amshel [Rothschild]’s sons after 1815. But it is also controlled by the family through another Swiss company—Rothschild Concordia AG—which has a majority (52.4 percent) stake in Rothschilds Cotinuation Holdings AG. Closely linked to this structure is the Paris-Orleans holding company which controls 37 percent of Rothschild & Cie Banque in Paris, around 40 percent of Rothschild Wort America, 20 percent of Rothschild Canada and 40 percent of Rothschild Europe…
“…The subsidiaries in Europe, the Americas and Asia perform functions similar to those performed by the Rothschild agents a century and a half ago, often in the same places…Both ownership and leadership of the group are shared between the key family members…Today [in 1999] 6 members of the family have between them a total of 37 board seats (including chairmanships and vice-chairmanships) on 15 of the principal companies of the N.M. Rothschild group…”
According to Niall Ferguson’s book, “the structure of the” Rothschild “group” in 1999 could then be described in the following “simplified” way:
“At the top of the `pyramid’ is Rothschilds Continuation Holdings AG, a Zurich-based holding company, the principal investments of which are the following 19 firms, here grouped geographically:
“N.M. Rothschild & Sons Ltd., Rothschild Continuation Ltd., N.M. Rothschild Corporate Finance Ltd. and Rothschild Asset Management Ltd. (UK);
“N.M. Rothschild & Sons (CI) Ltd. and Rothschild Asset Management CI Ltd. (Channel Islands);
“Rothschild & Cie Banque and Rothschild & Cie (France);
“Rothschild Bank AG (Switzerland);
“Rothschild Europe BV and Rothschild Asset Management International Holdings BV (Netherlands);
“Rothschild North America Inc. and Rothschild Asset Management Inc. (USA);
“N.M. Rothschild & Sons (Australia) Ltd., N.M. Rothschild Australia Holdings Pty Ltd. andRothschild Australian Asset Management Ltd.;
“N.M. Rothschild & Sons (Hong Kong) Ltd and Rothschild Asset Management (Hong Kong) Ltd.
“N.M. Rothschild & Sons (Singapore) Ltd.”
(end of part 8)
Friday, February 16, 2018
In The Pay of Foundations: How U.S. power elite foundations fund a `parallel left' media network--Part 5
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| NY Daily News Owner Mort Zuckerman: Paid Democracy Now! Co-Host's Salary |
How U.S. power elite and liberal
establishment foundations fund a “parallel left” media network of left media
journalists and gatekeepers.
By the early 1990s, the producer at Pacifica’s WBAI radio
station in Manhattan who had produced the stations’s late 1980s daily evening
news show, Amy Goodman, was, instead, now the producer of WBAI’s daily morning
news show in New York City. According to the former Australian Broadcasting
Corporation radio journalist who was program director at WBAI between
1989-1994, Andrew Phillips, he “instituted substantial program changes” at WBAI
during this period, “including moving Amy Goodman to morning drive.”
Then, two
years after accepting a “silver baton” duPont-Columbia award of the Jessie Ball
duPont Fund-subsidized Alfred I. duPont Awards Foundation at the ceremony in
Columbia’s Low Library, Goodman joined with a columnist of neo-con real estate
developer Mort Zuckerman’s New York Daily News non-alternative,
mainstream daily newspaper, Juan Gonzalez, to produce and co-host the new Democracy
Now! daily radio news show that the Pacifica network launched in early
February 1996—with the $25,000 in grant money Pacifica obtained from the
Carnegie Corporation of New York foundation in 1996.
Prior to being appointed Secretary of State by Bill Clinton
in the early 1990s, former Carnegie Corporation of New York trustee Warren
Christopher was the chairman of the “Clinton Transition Team,” that helped
determine, before the Democratic president’s Jan. 20, 1993 inauguration, which
people should be appointed U.S. federal government posts during the first term
of the Clinton administration. Another early 1990s Carnegie Corporation of New
York trustee, then-Goldman Sachs co-chair Robert Rubin, was appointed U.S.
Treasury Secretary by Clinton in 1995, a year before the Carnegie Corporation
of New York grant to launch Democracy Now! was given to Pacifica.
According to
the Carnegie Corporation of New York’s 1995 Annual Report, a $200,000 [equal
to over $329,000 in 2018] grant was given between 1994 and 1995 to the WNYC
Foundation on whose board sat then-Carnegie Corporation of New York trustee Wilma Tisch;
and 5 grants, totalling $2.7 million [equal to over $4.4 million in 2018], were
given during the same period to Stanford University, whose then-provost was
Carnegie Corporation of New York trustee Condoleezza Rica and whose university
board of trustees included then-Carnegie Corporation of New York trustee Henry
Muller.
Yet since 1996, Democracy Now! listeners and viewers
have not been provided with much specific information about the role the
Carnegie Corporation of New York and its trustees have, historically, played in
U.S. political and economic life; or how the foundation’s board of trustees has,
historically or currently, obtained and distributed its grant money.
While continuing to write
columns for the corporate media world’s New York Daily News mainstream
newspaper and continuing to collect a regular paycheck from Zuckerman’s
newspaper during the next two decades, Gonzalez also remained the part-time
co-host on over 1,000 radio broadcasts of the “parallel left” Democracy
Now! radio show during the same two decades; including the years after
2001 when it became a “parallel left” cable television show as well. And, not surprisingly, during the past twenty
years, few radio or tv segments that were specifically critical or
unflattering about either Mort Zuckerman, Mort Zuckerman’s specific historic
real estate business operations or the specific news content of Mort Zuckerman’s
stable of non-alternative media reporters were aired on Democracy Now!.
But between 2001 and 2003, for example, the Canadian-born Zuckerman
was the Chairman of the Conference of Presidents of Major American Jewish
Organizations anti-Palestinian self-determination rights lobbying group; and
during most of the 21st-century the New York Daily News owner
who employed Gonzalez was the honorary president of the American-Israel
Friendship League [AFIL] whose “sole purpose is to make friends for the State
of Israel through activities intended to improve the general perception of
Israel,” according to the AFIL’s website. The same website also posted an
article indicating how Zuckerman became involved in this pro-Israeli government
group:
“The teamwork forged between Zuckerman, [American-Israel
Friendship League Chairman Kenneth] Bialkin, and the rest of the AIFL team
coalesced almost two decades ago, when a high-level request came in. ``Sometime
in the late ‘90s each of us was contacted by the [Israeli] consul general of
New York to ask if we would come in to help with the promotion of the AIFL,’
Bialkin remembers.
"Zuckerman views the work of the AIFL, in fostering better
understanding between Israel and America, as a vital element in keeping the
world safer. `I’ll put it this way: I think it is very important that there is
more than one audience we should focus on. Number one: senior government
officials. Number two: public opinion. Some would say the latter is the
foundation of what affects the former. We need to continually develop that
relationship.’”
An article by Christopher Walsh, titled “Pro-Israel Pundits
Speak Out on Middle East,” that appeared in the September 4, 2014 issue of the East
Hampton Star, described how the New York Daily News owner, whose
newspaper Gonzalez continued to work for while co-hosting Democracy Now! for two
decades after 1996, supported the Israeli war machine’s 50-day war against
people in Gaza in the summer of 2014 (that killed 1,462 Palestinian civilians,
including 551 Palestinian children, according to a June 2015 UN Human Rights
Council report):
“…At the Jewish Center
of the Hamptons… pro-Israel panelists from the worlds of media and academia
discussed the seven-week war in Gaza…Mortimer Zuckerman, an East Hampton
resident who is the publisher of the New
York Daily News and editor in chief of U.S.
News and World, expressed the panelists’ united defense of the Israeli
military’s conduct in the war….He also sought to provide context to reports
that more than 2,000 Palestinian civilians had been killed in the war by noting
that 378,000 German civilians and 580,000 Japanese civilians were killed in
World War II. `This is not a moral strike against Israel,’ he said….”
Yet during the over two decades that Zuckerman owned the New
York Daily News, antiwar and Palestinian solidarity movement activists
in the United States were rarely invited to appear on Democracy Now! to
specifically highlight and criticize the role that Zuckerman may have personally and specifically played, historically, in supporting Israeli militarism and war crimes in the Middle
East. (end of part 5)
Thursday, December 13, 2012
Australian Anti-War Activist Joan Coxsedge's November 25, 2012 Letter
(The following letter from Australian anti-war and Latin American solidarity activist Joan Coxsedge—who is also a former member of the Victoria state parliament--originally appeared in an Australian-Cuban solidarity group’s newsletter).
“November 25, 2012
“Dear Comrades
“Merry Christmas anyone? It helps if you take happy pills and can block out the world in these barbarous times.
“As I write, a fraught ‘truce’ has been negotiated between Hamas and Israel, a hopelessly one-sided arrangement demanding Palestinians cease firing their rockets when Hamas has no control over those who launch them. But what did Israelis agree to? Did they agree to end their ruthless air, sea and land blockade that has turned Gaza into a living hell, the most environmentally devastated piece of land in the world? Did they agree to dismantle their illegal settlements and hand back Palestinian land and their right to water? To stop targeted assassinations?
“Of course they didn’t, because in our world the ‘righteous’ can kill with impunity. An extension of the infamous Plan D carried out in the 1940s just before Israel was created. A scheme to get rid of the people of Palestine when 369 villages were attacked and people were thrown out of their houses and fled in terror. The beginning of the genocide and longest military occupation in modern times, all of it on the historical record. And still happening. Before our eyes.
“When Netanyahu decided to incinerate Ahmad Jabari with a hi-tech weapon and butcher the Palestinian women, men and children of Gaza and destroy what’s left of their dilapidated infrastructure, the White House, US Senate and House of Reps all promptly supported Netanyahu’s war crimes as an ‘exercise in self-defence’. And Obama went out of his way to congratulate Netanyahu for his ‘restraint’ and offered more money for his killing machines while his White House adviser trumpeted that ‘the White House wants the same things as Israel wants’, spelling out that superpower US is a puppet of Israel and as we’re a puppet of the US that makes us a puppet of a puppet. Netanyahu is a fascist, Washington’s fascist. Remember that, every time you hear the weasel words of successive Australian governments and from the mouths of our weasel foreign ministers.
“The sickness of America was clearly evident in its recent election, a revolting spectacle where the two presidential contenders engaged in a frantic and demeaning scramble for money. Campaign finances in the US have become so corrupted it’s not the ‘elected’ members now holding office but billionaires and their cronies. A strong warning that when big money controls the political agenda, a nominal democracy can so easily mutate into a plutocracy that can so easily mutate into fascism.
“The spectre of fascism is now creeping into parts of Europe, more immediately into Greece, buffeted by the brutal imposition of neo-liberal austerity measures, punishing working class Greeks for the sins of the criminal class that fleeced them, entrenching the wealthy and relegating the poor to subservience.
“Fascism thrives on shadows and dark places and feeds on insecurity and isn’t a word to be thrown around lightly against any person or idea we find morally repugnant. Fascism is a real word with real meaning and has horrendous consequences as we know only too well. It elevates hyper-macho posturing and the military with their martial uniforms, symbols and language and expropriates the language of the working class while deliberately obscuring the real causes of their misery, and is often supported by religious hierarchies, the capitalist class and financiers of industry.
“Back in the 1930s, minus an Internet and hi-tech paraphernalia, men and women from around the world knew these dark forces had to be stopped and en-masse they joined International Brigades and travelled to Spain without their government’s support. About 35,000 of them from 52 countries who saw what was happening in Spain and was about to happen in Italy and Germany. No conscription or apparatus of the state to tell them that democracy was threatened. Sadly they failed. Germany and Italy, given military and material support from capitalists everywhere – including from Britain and the US - gave aid to the Spanish Falangists and throttled a noble resistance, plunging Spain into a long darkness and the world into the nightmare of WW2. No-one can say whether Greece will be the ‘tipping point’ for a revival of fascism in Europe, but something should be done because the situation is getting worse with each EU demand for more austerity.
“Not great times for honest people. In 2008, Lehmann Brothers was allowed to collapse, its assets swallowed up by other giant banks while dodgy hedge funds continued to make billions. Obama and Romney’s obscenely funded election with almost identical foreign policies were in thrall to lobby groups ensuring any changes to corporate regulations remained toothless. With unemployment rising and civil unrest simmering, central banks fight for interest payments and government assets await further privatisation. Wars and economic restructuring are useful tools for their deadly games. Unless we stop them, the elites and their New World Order will survive and flourish, but we won’t, nor will our wonderful natural world.
“After all these years, the 1962 Cuban missile crisis is still debated. The standard US account blames the Russians (naturally) for an act of aggression when they began installing missile bases in Cuba, with Kennedy presented as an heroic statesman who takes us to the brink but manages to avert WW3 by sheer determination. The US version conveniently omits to mention the installation of US missile bases in Turkey and Italy the previous year, an act of aggression that destabilised the fragile balance of power. Seen in that context, it was the US not the Soviets which caused the crisis. Reason prevailed and we survived and so, thankfully, did Cuba. Viva!
"Joan Coxsedge"
Monday, May 10, 2010
Supreme Court Justice-Designate Kagan's Goldman Sachs Connection?
Did you notice that the former Williams & Connolly D.C. law-lobbying firm associate and Clinton White House Staff member-lawyer that Democratic President Obama recently appointed to sit on the U.S. Supreme Court bench, U.S. Solicitor General Elena Kagan, both sat on a "non-profit" board with an AIG executive and spoke at an American Friends of the Hebrew University/lobby function honoring a Goldman Sachs executive?
As the Equal Justice Works website notes, U.S. Solicitor General Kagan recently sat on the Equal Justice Works “non-profit” board next to Anastasia “Stasia” Kelly; and “Anastasia `Stasia' Kelly is the executive vice president and general counsel and senior regulatory and compliance officer of American Insurance Group (AIG)” who “leads a worldwide legal and regulatory team and manages the Corporate Secretary function of this international insurance and financial services firm.”
And, as the Jewish Forward newspaper’s website revealed:
So don't expect many Goldman Sachs or AIG executives to be quickly sent to jail if they're convicted of or plead guilty to any white collar crimes--if former Clinton White House staff member-lawyer Kagan is confirmed as the next U.S. Supreme Court Justice.
As the Equal Justice Works website notes, U.S. Solicitor General Kagan recently sat on the Equal Justice Works “non-profit” board next to Anastasia “Stasia” Kelly; and “Anastasia `Stasia' Kelly is the executive vice president and general counsel and senior regulatory and compliance officer of American Insurance Group (AIG)” who “leads a worldwide legal and regulatory team and manages the Corporate Secretary function of this international insurance and financial services firm.”
And, as the Jewish Forward newspaper’s website revealed:
"Unlike Jewish women comics who tend to malign their mothers, Elena Kagan, dean of Harvard Law School (whose awesome curriculum vitae includes a stint as associate counsel to the president (1995-1999), paid homage to hers. At the October 19 American Friends of the Hebrew University lawyers lunch at Cipriani 42nd Street, Kagan told the sea of suits that (despite all her accomplishments) her mother “would be proud” that she was the keynote speaker at this George A. Katz “Torch of Learning” luncheon honoring Robert Katz, a philanthropist and partner at The Goldman Sachs Group, Inc".
So don't expect many Goldman Sachs or AIG executives to be quickly sent to jail if they're convicted of or plead guilty to any white collar crimes--if former Clinton White House staff member-lawyer Kagan is confirmed as the next U.S. Supreme Court Justice.
Saturday, October 31, 2009
U.S. Billionaire Warren Buffett's $4 Billion Investment In Israel
If you're a fan of Ralph Nader who now thinks that relying on U.S. Billionaire Warren Buffett to bankroll a U.S. movement for radical democratic change will magically end corporate totalitarianism and plutocracy in the United States and end U.S. government support for the Israeli war machine in the Middle East, you might be in for a big surprise. In recent years, for example, Buffett has invested over $4 billion in the Zionist movement's Israeli economy, despite the Israeli government's long history of violating the UN Charter, international law and the human rights and national self-determination rights of the Palestinian people.
As the website of the American Israel Investments Associates at http://www.israelgrowth.com/about.html notes:
Rather than begging U.S. billionaires like Warren Buffett to use the surplus blood money they've acquired (from exploiting working-class people and consumers at home and abroad and then re-investing some of their surplus blood money in an economy that oppresses the Palestinian people) to finance the U.S. Movement for radical democratic change, perhaps people who seek radical democratic change in the United States in 2009 should now be demanding that U.S. billionaires like Buffett immediately divest themselves of their investments in Israel--until the democratic rights of the Palestinian people are fully restored?
As the website of the American Israel Investments Associates at http://www.israelgrowth.com/about.html notes:
“With the highest GDP growth (5.2%) of any Western country (2005), Israel has become a very popular market for foreign investors. Warren Buffett’s $4 billion purchase of Iscar, his largest international investment ever, continues a trend that has sent foreign investors running to invest in the dynamic Israeli economy. Global stalwarts such as Johnson and Johnson, Intel, Ebay, Kodak, HP, Cisco, Alcatel, Broadcom, Microsoft, BMC Software, Verifone, and PMC Sierra all purchased Israeli companies in the last year.
“With more companies listed on NASDAQ than any other country except for the United States, Israel is the focus of more and more investor attention.
“Israel has become a destination for all types of investors who seek potentially high returns. Over $1.4 billion of venture capital money was invested in 2005. This ranks Israel second only to the United States in venture capital funding, outranking European and Asian rivals. As the privatization of government companies continues, the large global hedge funds and private equity firms have become very active players, investing billions of dollars in purchasing firms like Bank Leumi (Israel’s second largest bank) and Bezeq (the national phone company)."
Rather than begging U.S. billionaires like Warren Buffett to use the surplus blood money they've acquired (from exploiting working-class people and consumers at home and abroad and then re-investing some of their surplus blood money in an economy that oppresses the Palestinian people) to finance the U.S. Movement for radical democratic change, perhaps people who seek radical democratic change in the United States in 2009 should now be demanding that U.S. billionaires like Buffett immediately divest themselves of their investments in Israel--until the democratic rights of the Palestinian people are fully restored?
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