Wednesday, January 7, 2009

Billionaire Warren Buffett's $4 Billion Israeli Investment

One reason the U.S. Corporate Establishment and its Big Media is still supporting the Israeli war machine’s brutal war against Palestinian civilians in Gaza (in violation of the Nuremberg Trial Accords, the UN Charter and international law) is that many U.S. corporations have invested a lot of money in the Zionist movement’s Israeli economy in recent years. U.S. Billionaire Warren Buffett's investment firm, for example, invested over $4 billion in Militaristic Israel a few years ago.

As the website of the American Israel Investments Associates at notes:

“With the highest GDP growth (5.2%) of any Western country (2005), Israel has become a very popular market for foreign investors. Warren Buffett’s $4 billion purchase of Iscar, his largest international investment ever, continues a trend that has sent foreign investors running to invest in the dynamic Israeli economy. Global stalwarts such as Johnson and Johnson, Intel, Ebay, Kodak, HP, Cisco, Alcatel, Broadcom, Microsoft, BMC Software, Verifone, and PMC Sierra all purchased Israeli companies in the last year.

“With more companies listed on NASDAQ than any other country except for the United States, Israel is the focus of more and more investor attention.

“Israel has become a destination for all types of investors who seek potentially high returns. Over $1.4 billion of venture capital money was invested in 2005. This ranks Israel second only to the United States in venture capital funding, outranking European and Asian rivals. As the privatization of government companies continues, the large global hedge funds and private equity firms have become very active players, investing billions of dollars in purchasing firms like Bank Leumi (Israel’s second largest bank) and Bezeq (the national phone company)."