Posts

Showing posts from November, 2024

FIGHTING FOR LIFE

  FIGHTING FOR LIFE If there are doubts in anybody’s mind about the justice of the present war that Israel is fighting, one doesn’t have to go very far back: The 1970’s were a particularly violent decade for Israelis, who faced constant armed attacks  and tragedy. Although terrorism has been an ongoing factor since before Israel existed, the 70’s was a nightmare. Palestinian terrorists were sowing terror against Israelis, both on Israeli soil and around the world. The most glaring example was the terrorist attack on the Israeli team at the Olympic Games in Munich in 1972, in which eleven members of the team were murdered. In the same year, Ben Gurion Airport became a slaughterhouse, when three Japanese men - who had been recruited by the  “Popular Front for the Liberation of Palestine”,   and trained in Beirut - stepped off an Air France flight from Rome. Within seconds of entering the airport’s waiting area, the three opened fire, murdering 26 people ...

IF YOU WILL IT IS NO DREAM - IV

Image
  The Trust Company became one of the largest banks in the State of New Jersey the old-fashioned way, through internal growth: one customer at a time, one branch at a time. Siggi poured himself into building a loyal following by showing up, shaking hands, handing out gifts, listening to customers’ problems, and offering remedies. The FED, however, were not impressed by these small gestures, and would not allow Siggi to keep his companies together. He would have to use his prodigious brain to figure out what to do. The idea he conceived would be the most outrageous than any he had come up with before. In 1975 Siggi became the first person to sue the Federal Reserve. The FED’s formidable president, Paul Volcker, was six foot seven, the son of German immigrants. Memories of the Great Depression loomed over the pairing of commercial companies and banking, and Wilshire’s ownership of   TCNJ embodied everything “Big Paul” vowed to crush. Siggi’s response to the threat was t...