Posts Tagged ‘Israel’
Hagel Hurts
Nominating Senator Hagel for Secretary of Defense raises serious doubts among allies and enemies that President Obama will use all means necessary to prevent Iran from acquiring nuclear weapons. Therefore, the chances of a negotiated settlement fall (despite biting sanctions), because for negotiations to have any hope of success, the Iranians must believe the US…
Read MoreHigh-Tech Trips!
Elevators in Israel are high-tech. Rather than pushing an up or down button, you type in the desired floor and are assigned an elevator. Once inside, there are no buttons to push. This is an example of “fuzzy logic”. It is a faster and more economical way to allocate resources and has many applications including…
Read MoreBoycott Brings Benefit
Sorry about not blogging yesterday; I was floating in the Dead Sea. As for the cottage cheese boycott; it’s over. Two days ago the largest dairy in Israel caved in to the nation-wide boycott and reduced the price by 21%. Not surprisingly hours later the second biggest dairy followed suit and soon after that Tara…
Read MoreBooming Israeli Economy
The Israeli economy is booming! Unemployment is 6%, house prices are rising at a healthy clip and construction activity is ubiquitous. In 2 days, I have counted over 100 over cranes in use and new multifamily construction is literally, skyrocketing. The city of Modi’in, halfway between Tel Aviv and Jerusalem has a population of 90,000;…
Read MoreCottage Cheese Boycott
Greetings from Jerusalem! Amazingly, the big issue here is the high cost of cottage cheese! An 8 oz tub costs $2, twice the price it is in Europe. Consumers are outraged and are boycotting all cottage cheese. The high price is the result of a panoply of monopolies and cartels that dominate a wide range…
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