JStone
Rookie
- Jun 29, 2011
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A lot of foreign (mooched) money in here.
CNBC: Israel, Business Leader And InnovatorIsraeli Industry - CNBC
Israel's economy has been constant from agriculture in the early days, blah, blah, blah...
The British Mandate improved the conditions of the Palestinian farmer, removing intolerable taxation and providing responsible administration that led to the ultimate removal of his debt load. This was accomplished despite the worldwide depression during part of the Mandate period, the three year Arab revolt (1936-39), and the absence of outside investment and aid. The Palestinian Arabs' phenomenal agricultural growth rate was due to internally generated profits being reinvested.
The Jewish agricultural growth rate in Palestine was artificially dependent on subsidized prices and outside subsidies of annual deficits. The Palestinian Arab growth rate was real, the result of a very high profitability lacking in the Jewish sector of Palestine.
Chapter 2: Encyclopedia of the Palestine Problem
US President John F. Kennedy
When the first Zionist conference met in 1897, Palestine was a neglected wasteland
I first saw Palestine in 1939. There the neglect and ruin left by centuries of Ottoman [Muslim] misrule were slowly being transformed by miracles of [Jewish] labor and sacrifice. But Palestine was still a land of promise in 1939, rather than a land of fulfillment. I returned in 1951 to see the grandeur of Israel
I left with the conviction that the United Nations may have conferred on Israel the credentials of nationhood; but its own idealism and courage, its own sacrifice and generosity, had earned the credentials of immortality.
Israel was not created in order to disappear - Israel will endure and flourish. It is the child of hope and the home of the brave. It can neither be broken by adversity nor demoralized by success. It carries the shield of democracy and it honors the sword of freedom; and no area of the world has ever had an overabundance of democracy and freedom.
John F. Kennedy: Speech by Senator John F. Kennedy, Zionists of America Convention, Statler Hilton Hotel, New York, NY
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