NYT OPINION: Michael Bloomberg: Israel Is Courting Disaster
By Michael R. Bloomberg
Section: Opinion
Source: New York Times
Published Date: March 5, 2023 at 02:00AM
Under the new coalition’s proposal, a simple majority of the Knesset could overrule the nation’s Supreme Court and run roughshod over individual rights, including on matters such as speech and press freedoms, equal rights for minorities and voting rights. The Knesset could even go as far as to declare that the laws it passes are unreviewable by the judiciary, a move that calls to mind Richard Nixon’s infamous phrase “When the president does it, that means that it is not illegal.” Prime Minister Benjamin Netanyahu’s government is courting disaster by trying to claim that same power, imperiling Israel’s alliances around the world, its security in the region, its economy at home and the very democracy upon which the country was built.
The economic damage is already being felt, as the pummeling of the shekel has shown. A large number of business leaders and investors have spoken out against the government’s proposal, publicly and privately. And in a disturbing sign, some people have already begun pulling money out of the country and re-evaluating their plans for future growth there. As the owner of a global company, I don’t blame them.
By Michael R. Bloomberg
Section: Opinion
Source: New York Times
Published Date: March 5, 2023 at 02:00AM
Netanyahu’s new government plan to overhaul the judiciary will harm Israel’s security, democracy and economy.
In more than 20 years of public life, I have steadfastly supported Israel and its people in both word and deed, including by building medical facilities there, co-founding a leadership center, supporting its innovative local programs and funding other good causes. I have never gotten involved in its domestic politics or criticized its government initiatives. But my love for Israel, my respect for its people and my concern about its future are now leading me to speak out against the current government’s attempt to effectively abolish the nation’s independent judiciary.Under the new coalition’s proposal, a simple majority of the Knesset could overrule the nation’s Supreme Court and run roughshod over individual rights, including on matters such as speech and press freedoms, equal rights for minorities and voting rights. The Knesset could even go as far as to declare that the laws it passes are unreviewable by the judiciary, a move that calls to mind Richard Nixon’s infamous phrase “When the president does it, that means that it is not illegal.” Prime Minister Benjamin Netanyahu’s government is courting disaster by trying to claim that same power, imperiling Israel’s alliances around the world, its security in the region, its economy at home and the very democracy upon which the country was built.
The economic damage is already being felt, as the pummeling of the shekel has shown. A large number of business leaders and investors have spoken out against the government’s proposal, publicly and privately. And in a disturbing sign, some people have already begun pulling money out of the country and re-evaluating their plans for future growth there. As the owner of a global company, I don’t blame them.
Read more at: https://www.nytimes.com/2023/03/05/opinion/michael-bloomberg-israel-netanyahu.html
Posts
