Sunday, May 07, 2006

If G-d Hath a Will, G-d Hath-a-way

Warren Buffett, chairman of Berkshire Hathaway Co., is about to sink $4,000,000,000 dollars into an Israeli metalworking company. The tax revenue from that transaction alone is about 2.5% of the entire annual tax revenue of the Israeli government, or, in real terms, a cool billion dollars. There is talk that an investment of such magnitude, by such a high profile enterpreneur, will spur considerable expansion of foreign investment in the Israeli economy.

So now PM Olmert has, in one fell swoop, after less than a week in office, raised 10% of what he estimates he'll need to implement his "convergence plan".

Yad Hashem or Maase Satan?


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