The Spirit of Good Investment: Israel Bonds

“A deserved endorsement of a remarkable country” ~ Warren Buffett

How to make the difference that helps make the United States and Israel stronger and greater countries.

My friend Myrtle Sitowitz, a Zionist, who, through many endeavors, has been contributing to Israel a great deal, who chaired the Israel Bonds Los Angeles Women Division for years, invited me to attend a festive 2019 milestone luncheon.

On Sunday, March 31st, 2019, at that luncheon, chaired by Georgette Joffe, Laura Stein and Leigh Stein, at the Four Seasons Hotel, Los Angeles, California, the Development Corporation for Israel, AKA Israel Bonds, honored Melanie Ryngler with the Golda Meir Award and Brigitte Medvin and Myrtle Sitowitz with the Lion of Judah Award. The three distinguished Zionist women are long-time supporters of Israel in general and Israel Bonds in particular.

Special Stories

The Golda Meir Award has a special meaning. Golda Meir, a woman, was the fourth prime minister of Israel. With that Israel was one of the first western countries to have a woman at its helm.

Gideon Raff is an Emmy Award winning writer and director, the creator of the Israeli TV series ‘Prisoners of War (Hatufim), known to American viewers as the ‘Homeland’ TV series that could be seen as the milestone that kicked Israel’s film industry into high gear. At the luncheon, ‘Gidi’ Raff, who, with his cinematic stories tells the story of Israel to a world audience, interviewed by Mike Seid, received the David Ben Gurion Award. (David Ben Gurion was Israel’s first Prime Minister who declared Israel’s independence)

In the presence of Erez Goldman, Executive Director, Jean Friedman, Israel Bonds’ Council Chair and Gina Raphael, Western Region Chair, the audience celebrated the Development Corporation for Israel (DCI)/Israel Bonds, a member of Financial Industry Regulatory Authority (FINRA), ranks among Israel’s most valued and successful economic and strategic resources, with proven success record spanning nearly 70 years.

The economic success of Israel started by a nation that was marginalized and downtrodden but NEVER gave up.

It turned out to be an evolutionary journey that brought Israel to be in the world’s most powerful countries club with infinite possibilities for tomorrow.

World’s Most Powerful Countries

The world’s most powerful countries are the ones that consistently dominate news headlines, preoccupy policymakers and shape global economic patterns. Their foreign policies and military budgets are tracked religiously. When they make a pledge, at least some in the international community trust they will keep it. Here is the club of 10 countries: USA is first, Russia second, China third, Germany fourth, Britain fifth, France six, Japan Seven, Israel ranks eighth and Saudi Arabia ninth, respectively, spend a higher percentage of their GDP on military spending than the U.S. and South Korea tenth.

In a way, since the reestablishing, in 1948, of the State of Israel, the 3^rd Jewish Commonwealth in the land of Israel, the entire country’s citizenry has been prisoners of wars; the wars the surrounding Arab states launched against the Jewish state over and over again and are still trying. But the Israelis and their spirit of survival and innovation were relentless.

Israel is lacking natural resources. So the Israelis took their brain collateral and the needs of their country and turned their homeland into a prosperous and growing democracy. By partnering in Israel’s astounding all-around success story, a country whose performance growth is greater that Austria and Switzerland, through the investment in Israel bonds, the Israel Bonds organization has become global in scope, with worldwide sales exceeding 42 billion dollars.

Praised for its reliability, the Bonds organization has helped in the building of every sector of Israel’s successful economy. Proceeds from the sale of Israel bonds have played an effective and decisive role in Israel’s rapid evolution into a global leader in high-tech, green-tech and biotech groundbreaking achievements.

The festive luncheon, attended by financial, real estate and entertainment industry supporters of the State of Israel, once again emphasized the growing confidence in Israel’s continuously expanding economy.

Israel Bonds persistently invite the public to become a partner in the ongoing success of Israel and in Israel’s future; making an investment in Israel bonds benefits the future of the Jewish people in their homeland, Israel.

Many decades ago Myrtle Sitowitz and others like her recognized this important factor – Our Land, Our People, Our Bond – that benefits Israel and maintains her strong and viable. We salute them all for helping making Israel the remarkable homeland of the Jewish people.