Archive for the 'Economy' Category

Israel’s Enhanced Global Integration

Saturday, March 22nd, 2014

By Yoram Ettinger, Straight from the Jerusalem Boardroom #192, March 21, 2014

1. The Daily Telegraph, March 12, 2014: “Bilateral UK-Israel trade is booming to an extent never before imagined. Last year it was estimated by the Foreign & Commonwealth Office (FCO) at 5.1 billion British Pounds. … Prime Minister Cameron’s meetings in Israel are primarily about business, not the Kerry Plan. Look at who is on the plane with him: the Trade Minister, the CEO of the London Stock Exchange, the UK Chief Technology Officer, the Chief Technology Officer of Talk Talk, the Europe CEO of Balfour Beatty, the Chairman of Princess Production, the President of GSK’s Pharmaceuticals R&D, the Chairman of Arup UK Division, the ASOS’ Strategy Director, the founder of Kiwi Power, the Chairman of MyOptique, CEO of Tura, the CEO of Tech City. … [Israel expands] free trade agreements with the European Union, the US, the European Free Trade Association, Turkey. Mexico, Canada, Jordan and Egypt. … [According to the] FCO, ‘Israeli innovations give British companies a global competitive edge.’”

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Lower education?

Sunday, February 23rd, 2014

by Daniel Doron*

A top-notch higher education system that promotes critical thinking is a must for an advanced economy and society. It is a prerequisite for advanced scientific research and technological expertise, both of which are crucial for economic growth. But what is a good university? What kind of education should it offer and at what cost?

“Will Dropouts Save America?,” asked Michael Ellsberg in a 2011 piece published by The New York Times, a paper that reveres universities and is considered the flagship publication of the American liberal Left.

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ObamaCare: 50,000 enrolled; 0.5 million promised; premiums up

Tuesday, November 12th, 2013

So would you say that ObamaCare is off to a good start? The administration promised 0.5 million enrollees after the first month; only 50,000 have successfully bought insurance. And there are multiple reports of premiums increasing, not decreasing as promised — more on that below. First, from Fox:premiums

Fewer than 50,000 Americans have thus far bought a health-care plan on the problem-plagued ObamaCare website according to an insurance industry report, representing only a fraction of the half-million enrollees the administration apparently wanted the first month.

The number was reported first Monday by The Wall Street and confirmed by Fox News, which was told the final reporting day was Nov. 3.

The Department of Health and Human Services issued a prompt response, saying officials could not confirm the numbers. …

Look at all these headlines (and follow the links):

These are just a few of the articles on premiums increasing.

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Infosys Fine Highlights Needed Immigration Reforms

Monday, November 4th, 2013

By John Miano, CIS.org

Infosys has agreed to pay a record $34 million dollar fine for visa abuse. Infosys was circumventing the H-1B quota by bringing foreign workers in under B visitor visas instead. Such foreign workers have to return home every few months to renew their visas.

This is a very common practice throughout the industry — and it is not just the Indian companies that are doing it. When I worked for the now-defunct American company Digital Equipment, they were doing the exact same thing.

Here are some points that this raises:

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Six enrollments by second day after Obamacare rolled out

Saturday, November 2nd, 2013

A CBS Evening News headline story on October 31 read:

Obamacare enrollments got off to very slow start, documents show

My, what a glaring… er, ah… debacle. The LA Times, another cog in the mainstream media’s (MSM’s) machine, along with CBS, read:

… Thousands of Californians are discovering what Obamacare will cost them — and many don’t like what they see.

These middle-class consumers are staring at hefty increases on their insurance bills as the overhaul remakes the healthcare market. Their rates are rising in large part to help offset the higher costs of covering sicker, poorer people who have been shut out of the system for years.

Although recent criticism of the healthcare law has focused on website glitches and early enrollment snags, experts say sharp price increases for individual policies have the greatest potential to erode public support for President Obama‘s signature legislation. …

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The ultimate toolkit for defunding Obamacare

Saturday, August 31st, 2013

Please act now using the three tools on this page to stop Obamacare. If you want some background, please click here. PLEASE SCROLL TO THE END OF THIS PAGE TO SEE ALL THREE AVAILABLE TOOLS.

  1. Take 20 seconds to fill in your first name, last name, and email address; click one button; and join almost 1 MILLION Americans in signing a petition that urges all members of the House and Senate to defund and stop Obamacare. After signing the petition you’ll need to watch for a confirmation email. Click the link in this email to confirm your signature of the petition.
  2. Take one minute to send a message to your House representative urging him/her to support H.R. 2682, The Defund Obamacare Act of 2013, sponsored by Rep. Tom Graves (R-GA). I’ve put together optional sample text to include in your letter; click here to review, edit and copy the sample letter. After sending your message you’ll need to watch for a confirmation email. Click the link in this email to confirm your message.
  3. Take one minute to send a message to your Senators urging them support S. 1292, The Defund Obamacare Act of 2013, sponsored by Senator Ted Cruz (R-TX). I’ve put together optional sample text to include in your letter; click here to review, edit and copy the sample letter. After sending your message you’ll need to watch for a confirmation email. Click the link in this email to confirm your message.

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Obama, McCain and Graham make a ‘huge mistake’ in Egypt

Friday, August 9th, 2013

by Raymond Stock*

On their current trip to Cairo, Senators John McCain (R-Ariz.) and Lindsey Graham (R-S.C.), two of President Barack Obama’s most persistent critics on everything in foreign policy from Syria to Benghazi, have found common cause with him at last.

All three fear that the anti-American (and generally anti-human) Muslim Brotherhood (MB), whom they mistakenly see as “moderate,” will disappear from the halls of power in Egypt, our most important Arab ally. They also evidently worry that the MB’s leading figures, such as now-deposed (and arrested) President Mohamed Morsi—who had awarded himself powers greater than any previous ruler in Egypt’s history—will not be free to plot a return to power in an ancient nation that he had nearly destroyed in only one year.

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Dumb, Dumber, Dumberer in Washington

Thursday, August 1st, 2013

by David P. Goldman*

Earlier today, Egypt’s military government arrested former prime minister Mohammed Mursi on charges of conspiring with the terrorist organization Hamas, the Muslim Brotherhood’s Palestinian affiliate. That is as good as it gets in this part of the world. Hamas has murdered 457 Israelis and wounded more than 3,000 since 2000, according to the Israeli government. It is an implacable enemy of the United States as well as the State of Israel. Since taking power, the Egyptian military has shut down illegal tunnel traffic with Gaza, Hamas’ stronghold, and strangled its economy.

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Egypt after Morsi: Joy and Worry

Thursday, July 4th, 2013

by Daniel Pipes*

The overthrow of Mohamed Morsi in Egypt delights and worries me.

Delight is easy to explain. What appears to have been the largest political demonstration in history uprooted the arrogant Islamists of Egypt who ruled with near-total disregard for anything other than consolidating their own power. Islamism, the drive to apply a medieval Islamic law and the only vibrant radical utopian movement in the world today, experienced an unprecedented repudiation. Egyptians showed an inspiring spirit.

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Tell your senators to vote NO on immigration amnesty bill S.744!

Tuesday, June 25th, 2013

PLEASE ACT NOW! using the links below as the Senate is voting on the immigration amnesty bill, possibly the most wide-ranging piece of nonsensical legislation proposed in decades. The bill puts amnesty first and border security last (if ever). Tell your senators to vote NO on S.744! It will just take you a couple of minutes. (For information to present to your senators, see below.)

Senate Bill S. 744 is a piece of legislation that will destroy the American dream. Among its many heinous provisions are that it will grant amnesty to 11 – 20 million illegal immigrants, grant amnesty to “employers found to have employed illegal aliens or who are currently employing illegal aliens,” cost American taxpayers $6.3 trillion when our country is already drowning in debt and unemployment is high, take away jobs from Americans already struggling to find work or who are under-employed… This piece of legislation has been cobbled together using the old smoky backroom deal-making tactic. The devastating impact of S. 744 is summarized here, here, here, and here. You can use these links to learn about the immigration amnesty bill, find out why you must oppose it, and arm yourself with facts to present to your elected representatives when contacting them. PLEASE ACT NOW!


US Energy Independence and Israel

Sunday, June 23rd, 2013

by Ambassador (ret.) Yoram Ettinger, “Israel Hayom”, June 22, 2013

The most critical, clear and present dangers to US’ national security, homeland security and economy, are Iran’s nuclearization, Islamic terrorism, the explosive impact of the seismic Arab Street, the potential disruption of the supply and price of imported-oil and the declining US posture of deterrence.

The most clear and present policy to alleviate these threats would be US energy independence, ending dependence on unpredictable Arab oil producers, bolstering the US posture of deterrence, accelerating economic growth, improving the trade balance, reducing the budget deficit, lowering energy costs, expanding employment and availing more funds toward infrastructure, education, the elderly, Medicare and human services in general.

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What Turkey’s Riots Mean

Thursday, June 20th, 2013

by Daniel Pipes*

Rebellion has shaken Turkey since May 31: Is it comparable to the Arab upheavals that overthrew four rulers since 2011, to Iran’s Green Movement of 2009 that led to an apparent reformer being elected president last week, or perhaps to Occupy Wall Street, which had negligible consequences?

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Israel — a global leader in bio-tech and defense products

Sunday, June 16th, 2013

By Yoram Ettinger, Straight from the Jerusalem Boardroom #176, June 14, 2013

1. Google is acquiring Israel’s Waze for $1.1BN. Microsoft controls 10% of Waze. Google acquired, in 2012, two Israeli start ups for $25MN (Globes Business Daily, June 10, 11, 2013). China’s Fusson acquired Israel’s Alma Lasers for $221MN (Globes, May 29). Singapore’s Biosensors International acquired Israel’s Spectrom for $51MN (Globes, May 24). The Pennsylvania-based $3.2BN Teleflex acquired Israel’s Eon Surgical for over $20MN (Globes, June 11).

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Happy Israel

Thursday, June 13th, 2013

by Daniel Pipes*

In a typically maladroit statement, U.S. Secretary of State John F. Kerry recently complained that Israelis are too contented to end their conflict with the Palestinians: “People in Israel aren’t waking up every day and wondering if tomorrow there will be peace because there is a sense of security and a sense of accomplishment and of prosperity.”

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Portman Takes on Gang of Eight’s Flawed Version of E-Verify

Thursday, June 13th, 2013

By Jerry Kammer, CIS.org

[3 EASY WAYS TO OPPOSE IMMIGRATION AMNESTY]

Press attention on yesterday’s Senate debate has focused on the battle over the amendment proposed by John Cornyn to tighten border security metrics. It is an important discussion that will continue for some time. But I was more impressed with the strong performance of Ohio Republican Rob Portman in exposing the problems with the Gang of Eight’s proposal for a new E-Verify system.

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