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What can we learn from the *most free* nation in the Mid-East?

In 2007, Israel had a mild recession.

It was mild, in part, because Israel's Prime Minister, Benjamin Netanyahu, has pursued economic policies favoring free markets and supply side taxcuts.

Israel has also been wise in being a net lender nation, which lead to Institute of Management Developement ranking it as the world's most durable economy.

Netanyahu has cut government ownership of Israel's leading corporations, down to 20% from as high as 80% (Great progress toward the free market, even if you agree with me on a 0% ownership rate.)

George Gilder wrote a book called The Israel Test, it registers how you react to the success of those who excel in performance, achievement, innovation, or creativity. Do you resent or imitate and admire them?
In economic terms, do you see their success as a hinderance to yours, or as creating new opportunities for you?

Being thankful for a nation that is trying to implement free-market principles, and hoping for its success is the position I have chosen. I know, the government of Israel is not perfect, but at least, in this area, they are moving in the right direction.




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Well, since....

"Israel has also been wise in being a net lender nation"
what do you think are the chances that they might give back some of the billions of dollars the "U.S. Israel first congress" have stolen from us and given to them? Our people could use some help now...how about it? I won't hold my breath.

"Necessity is the plea for every infringement of human freedom. It is argument of tyrants. It is the creed of slaves." William Pitt in the House of Commons November 18, 1783
"I have one word for you...predator drones. Oh, you think I'm kidding?" Obombya

right along the same time

right along the same time that the 2 billion in aid for pakistan gets sent back...

I wouldn't hold my breath on Saudi Arabia doing it....

either. But I firmly believe that, if Israel continues in the path toward freedom, that the time will come when Israel will welcome all freedom seekers.

"Hence, naturally enough, my symbol for Hell is something like the bureaucracy of a police state or the office of a thoroughly nasty business concern." ~~C.S. Lewis
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

Joking

right?

By no means!

They are moving in the right direction, we are moving toward tyranny. It is far easier to steer a ship that is moving in the right direction toward freedom than it is to turn one around that is heading toward tyrrany.

"Hence, naturally enough, my symbol for Hell is something like the bureaucracy of a police state or the office of a thoroughly nasty business concern." ~~C.S. Lewis
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

we give Israel something like

we give Israel something like 8 billion dollars a year, their country wouldn't exist with out that.

everything else needs to be analyzed with that fact in mind.

“One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors.” Plato

No, it is *not* 8 Billion

closer to 3 Billion, and Egypt gets 2 Billion. Do a Start Page search before you make gross overestimations. I agree foreign aid hurts the receiving country, and both we and Israel would be better off if we didn't 'give' them 3 Billion. My point is, Israel is making an effort to free up their markets, no other nation in the Mid-East is, including Egypt.

http://www.vaughns-1-pagers.com/politics/us-foreign-aid.htm

"Hence, naturally enough, my symbol for Hell is something like the bureaucracy of a police state or the office of a thoroughly nasty business concern." ~~C.S. Lewis
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

3billion is just one part of

3billion is just one part of the pie, there are other ways to give aid, and all of it comes back down to money, I think 8 billion is a reasonable estimate of the true aid that is received annually by Israel, even if all of it isn't in the form of "cash".

sounds to me like Israel's policies are reminiscent of early US policy.. they, however, still have a fiat currency and will inevitably fall to the same troubles as we are in now, any form other than core fiscal reform (removing fiat currency) is just a feint and ultimately a waste of time (IMO).

IE: fixing a the cabin lights on your boat while it's sinking might seem like a great idea, but the effort would have been better directed elsewhere.

“One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors.” Plato

If you count private American donations....

you may well be right. The government aid at this site, however, does include arms.

"Hence, naturally enough, my symbol for Hell is something like the bureaucracy of a police state or the office of a thoroughly nasty business concern." ~~C.S. Lewis
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15