14 May 2007

MONEY IS IN THE AIR . . . really!

The Smell of Money is in the Air . . .

The world's third-largest tourism corporation, BCD Travel,
is launching operations in Israel. Its operations totaled
$12 BILLION in 2006.

said John A Fentener van Vlissingen, BCD's chairman.
"Many international companies operate in Israel, making Israel
an important business center in the Middle East and in the world.

Danny Sade - Israel Money

This compares to the dozen or so new banks that have set up shop on every corner in
a heavily Jewish neighborhood in Brooklyn. No residential neighborhood has as many
banks as downtown Manhattan!?

I know it's good for business,
but do we really want
all those tourists all over;
I mean,
why aren't all the Jews GOING HOME?


Anonymous said...

It appears that this firm is bullish on Eretz Yisrael, which should give us pause. To some degree this may be tied to the workings of the vatican and x-tain groups seeking to transform Yerushalayim and EY into an ecumenical Disneyland.

Anonymous said...

I would add that other international investments in EY--that of investor Warren Buffet immediately comes to mind--may be indicative of things to come, at least in the short term. Many or most American corporatists view EY as risky. I cannot help but wonder if they are acting out of character because of expectations of EU or some other perceived stabilizing presence that will insure profits.

Therese said...

Well said.