Paul Krugman demystifies: “According to Luxembourg Income Study data, the share of Israel’s population living on less than half the country’s median income — a widely accepted definition of relative poverty — more than doubled, to 20.5 percent from 10.2 percent, between 1992 and 2010. The share of children in poverty almost quadrupled, to 27.4 percent from 7.8 percent. Both numbers are the worst in the advanced world, by a large margin.”
Great comment in NYT by a regular blogger:
is a trusted commenter New Paltz, NY Yesterday
Once you realize that billionaire casino mogul Sheldon Adelson owns both Netanyahu and the GOP, the increasing inquality in both countries comes as no surprise. Both Israel and the US are essentially client states of a handful of oligarchs and defense contractors who are becoming richer by the day off the high tech weapons trade and a mutually profitable global surveillance/police state financed by too big to fail banks. The well-being of ordinary people is the least of their concerns. They have perpetual war and endless money on their brains.
Those 47 craven saboteurs wrote their letter to Iran because Adelson as vowed to spend whatever it takes to prevent the reelection of anyone daring to thwart him. He is the big money behind the extremist Club for Growth, which bankrolled the election of Neocon newbie Tom Cotton of Arkansas.
The Neocons, never satisfied with the havoc they have wreaked all over the world, are openly calling for war with Iran. And the corporate media, controlled by the taxpayer-subsidized oil and defense and high finance industries, are only too happy to rev up the plutocratic profits through a nonstop paranoid marketing campaign designed to terrorize the public into submission.
But Adelson and Bibi may finally have overplayed their hands. The corrupt GOP senators are mouthing their mealy regrets, and the people of Israel seem to be fed up with Manichean world views. I only hope we Americans signal the same disgust the next time we go to the polls.