Best of the Week
Most Popular
1. Crude Oil and Water: How Climate Change is Threatening our Two Most Precious Commodities - Richard_Mills
2.The Potential $54 Trillion Cost Of The Fed's Planned Interest Rate Increases - Dan_Amerman
3.Best Cash ISA Savings for Rising UK Interest Rates and High Inflation - March 2018 - Nadeem_Walayat
4.Fed Interest Hikes, US Dollar, and Gold - Zeal_LLC
5.What Happens Next after February’s Stock Market Selloff - Troy_Bombardia
6.The 'Beast from the East' UK Extreme Snow Weather - Sheffield Day 2 - N_Walayat
7.Currencies Will Be ‘Flushed Down the Toilet’ Triggering a ‘Mad Rush into Gold’ - MoneyMetals
8.Significant Decline In Stocks On The Cards! -Enda_Glynn
9.Land Rover Discovery Sport Extreme Driving "Beast from the East" Snow Weather Test - N_Walayat
10.SILVER Large Specualtors Net Short Position 15 Year Anniversary - Clive_Maund
Last 7 days
Bitcoin Price Trend Forecast, Paypal FUD Fake Cryptocurrency Warning - 17th Mar 18
Strong Earnings Growth is Bullish for Stocks - 17th Mar 18
The War on the Post Office - 17th Mar 18
GDX Gold Mining Stocks Fundamentals - 16th Mar 18
Nationalism, Not the Russians, got Trump Elected - 16th Mar 18
Has Bitcoin Bought It? - 16th Mar 18
Crude Oil Price – Who Wants the Triangle? - 16th Mar 18
PayPal Cease Trading Crypto Currency Bitcoin Warning Email Sophisticated Fake Scam? - 16th Mar 18
EUR/USD – Something Old, Something New and… Something Blue - 16th Mar 18
DasCoin: A 5-Minute Guide to How It Works - 15th Mar 18
Stock Market Downward Pressure Mounting - 15th Mar 18
The Stock Market Trend is Your Friend ’til the Very End - 15th Mar 18
6 Easy Ways to Get What Women Want, for Less! - 15th Mar 18
This Isn’t Your Grandfather’s (1960s) Inflation Scare - 15th Mar 18
Eye Opening Stock Market Index, Volatility, Charts and Predictions - 15th Mar 18
Gold Cup At Cheltenham – Gold Is For Winners, Not For Gamblers - 15th Mar 18
Upcoming Turnaround in Gold - 14th Mar 18
Will the Stock Market Make Another Correction this Year? - 14th Mar 18
4 Ways To Writing An Interesting Education Research Paper - 14th Mar 18
China Toward Sustainable Economic Growth - 14th Mar 18
Stock Market Direction Is No Longer Important - 14th Mar 18
Trade Tariffs Defeat Globalists and Return Prosperity - 14th Mar 18
Stock Market Crash is Underway and Cannot be Stopped! - 14th Mar 18
Are Energy Sector Stocks Bottoming? - 14th Mar 18
Nasdaq Stocks Soars to New Record High After Strong Job Reports - 14th Mar 18
Bitcoin BTCUSD Elliott Wave View Calling for Rally toward $15,000 - 13th Mar 18
Hungary’s Gold Repatriation Adds To Growing Protest Against US Dollar Hegemony - 13th Mar 18
Record Low Volatility in Precious Metals and What it Means - 13th Mar 18
Tips for Writing and Assembling the Classification Essay - 13th Mar 18
Gerald Celente "If Rates go up too High, the Economy goes Down, End of Story" - 13th Mar 18
Stock Market Selloff Showed Gold Can Reduce Portfolio Risk  - 13th Mar 18
Silver Does it Again! Severe Consequences - 12th Mar 18
Has the Stock Market Rally Run Out of Steam? - 12th Mar 18
S&P 500 at 2,800 Again, Stock Market Breakout or Fakeout? - 12th Mar 18
The No.1 Energy Stock To Buy Right Now - 12th Mar 18
What Happens Next When Stock Market Investor Sentiment is Neutral - 12th Mar 18
Economic Pressures To Driving Gold and Silver Prices Higher Long-Term - 12th Mar 18
Labour Sheffield City Councils Secret Plan to Fell 50% of Street Trees Exposed! - 12th Mar 18
Stock Market Uptrend Resuming? - 11th Mar 18
Bond Market Interest Rate Yields Are Rising Again… Stocks Are on Thin Ice - 11th Mar 18
Death of Europe's Greenest City, Police State Sheffield Labour Council to Fell 50% of Street Trees - 11th Mar 18
Do All Bull Stocks Markets Need to Have a Bearish Divergence? - 11th Mar 18
An Inflation Indicator to Watch, Part 3 - 11th Mar 18
Online Stock Trading Tips - Tips about Online Trading & Day Trading - 11th Mar 18
NDX makes a new high. What does that mean? - 10th Mar 18
Blue Chip Companies on Track for $800 billion Buyback Record in 2018 - 10th Mar 18
Cheap Gold Stocks Basing - 10th Mar 18
An Introduction to Online Forex Trading - 10th Mar 18

Market Oracle FREE Newsletter

Urgent Stock Market Message

Before this is Over, Israel Will Apologize

Politics / Israel Jun 07, 2010 - 06:45 AM GMT

By: Mike_Whitney


Best Financial Markets Analysis ArticleIsrael has become Myanmar on the Jordan. Every new act of violence deepens the paranoia, the resentment, the isolation. The killing of 9 peace activists aboard the Mavi Marmara was celebrated in Tel Aviv--another blood victory against the terrorists, another triumph against those who would harm Israel. Heads of state around the world have condemned the butchery, but Israelis have shrugged off the criticism.  They think that support for the activists is anti-Semitism. They think that food and medicine are weapons that will be used by Hamas against Israel. This is madness, but madness has consequences. Nine people are dead

 Israeli Prime Minister Benjamin Netanyahu has used the massacre to bolster his flagging popularity. He's shifted the focus from killing protesters to defending embattled Israel. Israelis must stand united against this new enemy--Netanyahu believes--this global propaganda onslaught. But the Israeli PM is just strengthening widespread feelings of persecution and reinforcing bunker mentality.

 Peace activists aren't anti-Semites or terrorists. If the tables were turned---and 1.5 million Jews were trapped in the Gaza's Hell-hole instead of Muslims--- these same activists would have come to their aid.  They put themselves at risk because they believe in their cause; because they believe in justice.

Here's a clip from an article by Professor Ilan Pappé in the Independent:

"One would have thought that Israel's drastic decline in international reputation would prompt new thinking by its leaders. But the responses to the attack on the flotilla in the past few days indicate clearly that there is no hope for any significant shift in the official position. A firm commitment to continue the blockade, and a heroes' welcome to the soldiers who pirated the ship in the Mediterranean, show that the same politics would continue for a long time.

This is not surprising. The Barak-Netanyahu-Avigdor Lieberman government does not know any other way of responding to the reality in Palestine and Israel. The use of brutal force to impose your will and a hectic propaganda machine that describes it as self-defence, while demonizing the half-starved people in Gaza and those who come to their aid as terrorists, is the only possible course for these politicians. The terrible consequences in human death and suffering of this determination do not concern them, nor does international condemnation." ("The deadly closing of the Israeli mind" Ilan Pappé, The Independent)

Paranoid, resentful, isolated.

On Saturday, the Rachel Corrie was seized without incident.  There was no violence and the passengers were not mistreated. This is proof that the killing aboard the Mavi Marmara was intentional. The Israeli high-command wanted to discourage other groups from trying to break the blockade in the future. They decided that shooting a few peaceniks would "do the trick".  It was all part of a political calculation that backfired.

Israel was caught off-guard by the the diplomatic firestorm that followed the massacre. Harsh criticism has come from all quarters.  Ecuador has recalled its ambassador and Nicaragua has cut off all diplomatic ties with Israel. In his weekly radio broadcast, Venezuelan president Hugo Chavez has called Israel a "genocidal state" and expressed his condolences to the family and friends of the “heroes who were victims of this crime."

Chavez added,  “The revolutionary government of Venezuela will continue denouncing the terrorist and criminal nature of the Israeli government and reiterates... its unshakable commitment with the struggle of the Palestinian people for freedom, national sovereignty and dignity.”

A day after the attack, the IDF's Press Office issued this statement: "In a special meeting of the Security Cabinet it was disclosed that a group of 40 people on board the Mavi Marmara with no identification papers belong to Al Qaeda. The terrorists were equipped with bullet proof vests, night-vision goggles and weapons."  ("How Israel planned the Flotilla Attack", Real News Network)

All lies. No Al Qaeda, no terrorists, no plan to hurt Israel. Just food, medicine, cement and vital supplies.

President Barack Obama has neither defended the peace activists nor criticized Israel's killing-spree.  An American citizen, 19-year old Furkan Dogan, was shot in the head four times at point-blank range by Israeli paramilitaries, but Obama remains silent. If Martin Luther King had been assassinated on Obama's watch, Obama would have opined, "The United States believes that James Earl Ray has the right to defend himself".

In contrast to Obama's cowardice, Turkish Prime Minister  Erdogan plans to sail to Gaza in order to break Israel's blockade.  The Israeli government is in a panic. Here's an excerpt from The Australian:

 "Israel would allow Turkish Prime Minister Recep Erdogan to break the Gaza blockade if he acted on a threat to join a protest boat, the Israeli Foreign Ministry told The Australian last night.

It would be the first boat to pass through the blockade since Israel began enforcing it with its navy three years ago. In a remarkable decision, Israel has ruled out risking a high-seas confrontation with the Turkish leader." ("Turkish PM Recep Erdogan puts Israel in a bind", John Lyons,  The Australian)

Turkey just raised the stakes and Israel is looking for a way to stand down. Before this is over, Israel will apologize.

By Mike Whitney


Mike is a well respected freelance writer living in Washington state, interested in politics and economics from a libertarian perspective.

© 2010 Copyright Mike Whitney - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Mike Whitney Archive

© 2005-2018 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules