Isranet Daily Briefing
Friday, March 24th 2023 / Friday, December 1st 2023
SHABBAT READING Meeting the Challenge of Critical Scholarship with Leviticus: Dr. Rabbi Irving (Yitz) Greenberg, The Torah.com, May 17, 2016 — We are now in the opening stage of the debate in the modern Orthodox community on how to deal with critical biblical studies. Integrators One group – currently a minority, pioneering one – argues that we […]
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Analysis
Ashley Rindsberg Tablet, Mar. 22, 2023 “SVB’s collapse, far from being an unforeseeable “black swan,” represented “a very classic event in the very classic bubble-bursting part of the short-term debt cycle.” It should go without saying that we are now in a financial crisis. We have just witnessed the collapse or near-collapse of […]
Dave Boyer The Washington Times, Mar. 19, 2023 “The banks’ troubles have been blamed in part on the Fed’s rapid series of rate hikes, which reduced the value of their long-term debt.” Fears that another interest rate hike will hasten more bank failures will loom over the Federal Reserve’s meeting this week after a study found […]
Paul Sperry NY Post, Mar. 17, 2023 “SVB’s board is packed with Trump-hating Hillary, Biden and Obama donors obsessed with “equity and diversity.” Wokeness has replaced competence and merit across the banking sector, and San Francisco Fed Chief Mary Daly is the poster child of this pernicious trend. A protege of Treasury Secretary Janet Yellen and short-list […]
Jason Zweig WSJ, Mar. 17, 2023 “Even as rules have proliferated and bailouts multiplied, the U.S. stock market has suffered four crashes of least 20% since the year 2000.” Don’t panic. That’s the message financial regulators are sending—and it is barely working. In the past week, U.S. authorities promised to back uninsured deposits at the failed Silicon Valley […]
Allysia Finley WSJ, Mar. 19, 2023 “Why shouldn’t Silicon Valley have to bear some pain as the central bank corrects the ultra-loose monetary policies that enriched its technocratic class?” Imagine a bank in Houston that caters to the oil-and-gas industry. It makes low-cost loans with credit-friendly terms to unprofitable shale frackers on the […]
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