Sunday, January 12, 2014

You are the fish

"Is there any precedent for Stanley Fischer?":
"Fischer's defenders (to the minor extent that they feel the need to defend him) tend to treat his eight years running Israel's central bank as if he were engaged in rocket science rather than statecraft. They emphasize that, well, sure, it's kind of hard to tell whose side Fischer is on, but, you see, he has a very high IQ and that ordinary Americans can't begin to understand what all he has in his bag of economic tricks. So, why aren't you reassured?
In reality, the key to Fischer's success at keeping up the Israeli economy was his decision to boost Israeli exports at the expense of Israel's trading partners (of which the U.S. is the largest) by massively devaluing the shekel. It wasn't really complicated: Fischer's big decision was good for Israeli exporters and it was bad for American exporters.
Undoubtedly, it didn't come as a surprise to Fischer that as head of the Bank of Israel he would  he would have the opportunity to do things that would be bad for America, such as competitively devaluing the shekel during an American economic crisis. He's a smart, experienced guy, and he no doubt realized that he was choosing to put himself in a position where he might decide to hurt America. 
Fischer was free to make his choice to spend most of his 60s as an Israeli citizen and high Israeli government official. He made his choice. And he should live with the consequences, not get some giant do-over in his 70s that establishes a precedent, especially when nobody is talking about the implications of that precedent.
The single most fundamental question of political life is: Whose side are you on? There is a lot of talent available to the United States government, so why it should be necessary to appoint to high position a man who carefully chose to make that question unanswerable?
Of course, the real question is bigger than Fischer. The true issue is: What's wrong with Americans these days that almost all of us are too buffaloed to notice?"
There is, from time to time, a tiny push back against ZOG, so World Jewry finds it helpful to have the economic gonads of the United States in the hands of a raving Zionist with an unimpeachable record of putting the interests of Israel over those of the United States.
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