Wednesday, February 28, 2007

Israelis 9, Palestinians 0, Bottom of the 5th inning.

Combining my love of baseball with Israel's geopolitics (another hobby) is never easy. That is why I found this terrific piece by Zeb Chafetz in the NY Post so compelling and enjoyable.. Small exceprt below.

Few, if any, Israelis will play the first year: Baseball's never been an Israeli sport. This new league is founded on the "If you build it, they will come" principle. Which, when you think of it, was pretty much how Israel itself got founded.

In 1948, when Israel became independent, the population was 650,000, the biggest industry was orange growing and most people needed government-issued food-ration cards to get by. Today there are more than 6 million Israelis, and the standard of living is similar to the Mediterranean countries of the European Union.

Last spring, Warren Buffet bought Iscar, an Israeli blades and machine-tool company, for $4 billion. About the same time, Donald Trump announced plans to erect a 70-story skyscraper outside Tel Aviv. These were not sentimental gestures. Neither Buffet nor Trump is Jewish - they're simply investors looking for a profit. Like Ron Blomberg, they look at Israel and see opportunity.

Israel is on an economic tear. Last summer's war against Hezbollah in Lebanon slowed things down for a couple of months, but 2006 still saw 5.1 percent economic growth. New figures out this week show growth at an astonishing 8 percent clip in 2006's final quarter.

The Palestinian Central Bureau of Statistics has posted its own 2006 numbers, and they're astonishing, too - but in the opposite direction.

The economy of the West Bank and Gaza is in free fall. In some places, unemployment is more than a third of the workforce.

Once, Palestinians enjoyed relative prosperity by working in Israel, but those days are gone. The demand for Palestinian employees dried up during the Intifada, once they began displaying an alarming tendency to blow themselves up on the job.

The world community took over for a while, turning the West Bank and Gaza into a giant charity ward. But in 2006, the Palestinian public elected a Hamas government that's dedicated to destroying the Jewish state and refuses to pretend otherwise. Such candor has been more than even European governments can accept; they cut off funds until Hamas changes its words or the voters change the government. Neither is likely.

Of course, the Palestinians could, theoretically, feed themselves. But they have no oil, and their industrial sector produces nothing more sophisticated than car bombs. A brighter future through education? The two rival parties, Fatah and Hamas, recently torched each other's universities in Gaza."

Tuesday, February 27, 2007

Thank God He Wasn't Looking

In this now famous picture of incompetent Defense Minister Amir Peretz peering through binoculars with the lens covers on, I find a ray of hope. Peretz has spent the months since the Lebanon War telling us how much he was involved, had his finger on the pulse and how good it was to have him in the commander's chair. We also know just how well the Lebanon war went.

Now I am thinking that we may have a better outcome if he is not looking. So you see, looking into black nothingness was no gaffe, it is a strategy to keep Peretz's visual senses from deceiving his keen instincts.

Monday, February 26, 2007

Back to posting - Sporadically

Thanks to all of the commenters, emailers and callers for your kind wishes on the birth of our daughter Batsheva (she was named on Shabbat). Yaffa and I really appreciate it. I am still thinking about a new name for the blog so keep the suggestions coming. I will still be posting sporadically due to paternity leave but I wanted to post a hodgepodge of some interesting links that have come my way recently:

1. This is the coolest resume I have ever seen (thanks Sigal for sending).

2. Interesting article by Dunacn Currie in the Weekly Standard, quoting extensively from my very eloquent former partner Jon Medved. The upshot of the article in my mind is that the cream of the crop of our country's citizens is in the business world and not in politics. That is a bit scary in a country where the political echelon is so intertwined in daily life and personal security.

3. The Blogosphere (in all languages) is abuzz about Zlango, a company Benchmark announced an investment in a couple of weeks ago (Techcrunch post). The announcement, written in Zlango, was a lot of fun. Check out the site. It is pretty addictive.

4. One of the benefits of citizen journalism or the blogosphere (more on this in an upcoming post) is you can acquire "talent and titles" by association only. I penned an article in Scoop about a winery I visited called Tanya and now a friend sent me the following ad from a newspaper in Jerusalem. Read the small print! Hilarious.

If you can't read the small print, it says:
""The wine was fantastic. Some of the best I tasted, if not the best." (Scoop Website, Michael Eisenberg, Wine Critic)"

The wine truly is great but me, a wine critic, that is a tad far-fetched.

Saturday, February 17, 2007

Mazal Tov

With much gratitude to השם, Yaffa and I (actually, Yaffa did all the work) gave birth to a baby girl on Shabbat (Friday night). Mother and daughter are doing well, thank God. Father is a little tired after walking back and forth to the hospital and chasing down other children. I only have a few pictures (one posted below) since the nurse confiscated the baby before I could snap some more.

All peanut gallery comments on the blog's name or suggestions for a new name are welcome in the comments section. The blog is now officially on a short paternity leave.

May we all share many simchas and happy occasions.

Thursday, February 15, 2007

ESPN Gets It - Will CNET?

ESPN's Purchase of Truehoop.com shows that, as always, the sports media king, gets the online world. They already have an industry leading website, have not been afraid of so-called cannibalization and do get the threat that bloggers present to their business and analysts. this from PaidContent.org.

"The company has acquired TrueHoop.com, a leading sports blog covering the NBA, and signed blogger Henry Abbott as an NBA expert. Abbott will continue to operate TrueHoop but on ESPN where he “will set the table for NBA fans on ESPN.com each day.” He’ll contribute to podcasts but no promises about ESPN TV and radio—although I would bet he shows up somewhere during ESPN’s coverage of NBA All-Star events this weekend. No terms disclosed.
Abbott blogged about the sale, of course: “They now own the name TrueHoop, and I am a full-time ESPN employee. ... To be honest, I wasn’t looking to sell TrueHoop, and I liked owning it. But TrueHoop needed a new model (besides the zero income one) if it was going to pay my mortgage.” One change: a travel budget. But, he reassured fans, TrueHoop.com won’t go behind the ESPN Insider paywall. For a sense of why ESPN is interested, the post has 142 comments already. Passion mixed with knowledge."

Tech, which already has a bigger blogger community than sports, has had a termite effect on CNET but they have not moved in the same direction. I wonder if CNET will eventually come to the same conclusion and co-opt the A list tech bloggers before they get eaten from the bottom. Or, alternatively, look at some of the aggregator sites like techmeme.com and Digg that pose a similar threat.
(Note: Alexa stats are notoriously imperfect but I think they are useful for trend watching.)

Tuesday, February 13, 2007

An Open Letter to Prime Minister Olmert

Dear Ehud -

There is no other way to say this: Our country, the citizens of Israel do not believe in your leadership. There is a feeling of despair that permeates our national mood. The public thinks your government, you and everyone who surrounds you is corrupt. We have been treated to two sexual harrassment scandals of senior politicians and an utter lack of will to take accountability at any level.

The Army is a mess and it is lead by a feckless labor union leader who is endangering each and every one of our lives daily with his mismanagement, reckless comments and his disdain for input and constructive criticism. We have a government that does not have a coherent plan on any level and in any sphere of governance. The enormous government table is filled with ministers tightly seatbelting themselves in for fear of what another election might mean for their monthly paycheck. This will keep this government in power for a while longer. Worse yet, their butts are seatbelted into the wrong seats which will only be exacerbated when the musical chairs starts and you start repportioning the ministries.

If life is so bad you ask, why are there no riots in the streets? Citizens do not take to the streets because they feel it is hopeless and that one cannot change government policy. The press is asleep and instead of being the watchdog of democracy is engaged in cheerleading impotent politicans and guarding its own access to the honey-pot.

Saturday night at a gathering of people in despair in our neighborhood, I preached to all that gathered that all is not lost and I am optimistic. Citizens can make change from the grass roots. We will organize politically and journalistically and retake and remake this country from today's morass. However, this will take time and some changes can't wait.

So I turn to you, Ehud - You can still save yourself and help our country but it will take resolve, risk-taking and a lot of will. I would not have written this letter and would have contented myself with waiting until the next generation arrives but you gave me some hope last week when you appointed Freedman to be your Justice Minister. So I am siezing the opening and building on Ramon's conviction, Freedman's appointment and the Muslim unrest about our archeological dig at the Old City's Mugrabi gate to give you my two cents. Don't point fingers at anyone else. Take the matters into your own hands and act. So here is a 5 point plan for remaking yourself, the government and our country.

1. Fire Amir Peretz. Do whatever it takes get him out, even at the risk of your government collapsing. The man is a daily danger to our national and personal security and if you think that waiting until the Labor primary will make it easier, Peretz, the great organizer of labor strikes, may still surprise you. So do the right thing and send him home now so he can work full time on his primary campaign and need not do it from the government table. You will save lives and regain some public trust.

2. Abandon the Palestinian "peace talks" and focus on internal matters. These imaginary and illusory talks are handcuffing you on many issues from Kassam rockets to archeology to the composition of your coalition. There is nobody to talk to on the other side and the Mecca "unity agreement" proves it. You can only solve diplomatic problems like this when the time is ripe and it isn't. Wait this problem out. While ignoring it won't make it go away, it will give you more degrees of freedom in addressing this and other issues.

3. Stand up to the Muslim world on the Mugrabi gate excavations. Unmask their riots for what they are. Do not simply release a statement that says these excavations are not near the Temple Mount. Instead, say "This is a red herring that is merely an attempt by the Palestinians and Israeli muslims to refocus attention away from their civil war and hatred of each other. Do not use Israel as a scapegoat for your poverty, incompetence and waste of billions of dollars of the world's money. We take care of our national treasures that are within our soveriegn state, which includes the Temple Mount and your incendiary remarks and rioting will get you nowhere." Showing some backbone on this issue will help put this genie back in the bottle.

4. Declare that your core domestic policy initiative for the next 2 years is healing rifts in our society: religious and secular, left and right, rich and poor, Ashkenazi and Sephardi. Then make a serious effort to heal these rifts. This includes engendering genuine level-headed dialog and making dialog a national priority with budgets that invest in programs (some of the private) that are building bridges. It should include public-private partnerships that invest in Education for the 21st century for have nots. It should include public-private programs for job creation and integration in the workplace. You should set measurable goals for success and you should deliver a semi-annual report on how well your government is meeting these goals.

5. To most of the country it will not come as a surprise that we are likely facing another 1-2 front war in the near future. We need to prepare for it without any distractions (abandoning the Palestinian track will help that focus) Commit yourself to rebuilding the army from its core. This should be the Prime Minister's priority. This is not about new weapons systems. It is about reinvigorating morale and desire to sacrifice in large segments of the population. That starts at the top.

So what do you say Ehud? Come out, say you made a mistake on your realigment plan; say you put the wrong guys in the wrong seats for the wrong reasons and say we can do better. Start jumping on the bandwagon to root out corruption. Then elevate yourself out of the pack by committing yourself to this new plan. To do nothing means your time will soon be up like all those around you. I Hope you will do it.

Sunday, February 11, 2007

As Jerusalem Goes so Goes New York

When Mayor Bloomberg was in Israel a couple of weeks ago to dedicate a new emergency medicine facility I attended the dedication where he said, "as Israel goes so goes America." Well, this morning I found out that "As Jerusalem Goes so Goes New York."

No fewer than 5 people sent me a link and reprint of an article in the Wall Street Journal describing absentee home ownership in NYC.

"It can feel a little empty," says Las Vegas developer and billionaire Phillip Ruffin, who stays " a day or two" a month at his $2.8 million home at 515 Park.

Wealthy jet-setters have long maintained cozy Manhattan pieds-Ã -terre, but the city's choicest properties are increasingly being scooped up by out-of-towners. More than 10% of Manhattan apartment sales are second-home purchases, up from about 5% eight years ago, estimates Jonathan Miller of Miller Samuel, one of Manhattan's largest real-estate appraisal firms.

Donald Trump says that more than half the condo owners at his buildings on Central Park West and Park Avenue are part-timers. These people "may not even know the address" of their New York holdings, says Mr. Trump, but "they'd still rather own a place in New York than schlep to a hotel."

The lavish part-time spreads underscore a shift among the wealthy, who increasingly split their time among three or four homes. The investment potential of the city's blue-chip real estate also appeals to rich people looking to diversify their portfolios.

Developers are targeting these absentee owners by packing buildings with amenities such as housekeeping, limousine services and even dog walkers, making it simple to ease in and out of town. Maids at Ian Schrager's 50 Gramercy Park North even will stock the fridge with groceries before the owners arrive.

But the occasional occupants are troubling to some full-time residents, who say their buildings are left depressingly hollow. And the popularity of the costly apartments helps boost Manhattan prices for everyone, draining away developers' interest in erecting middle-class buildings on the city's few available parcels and making one of the world's most expensive real-estate markets even more forbidding to average buyers.

To have so many apartments sitting empty when there is an affordable-housing crisis in New York City raises a "political question," says Mitchell Duneier, a professor of urban sociology at Princeton University."

Readers of this blog were reminded of my multiple posts (here and here are 2 of them) on Jerusalem the ghost town which has spawned a series of articles in the local press.

At least in NYC they are not concerned that Native Americans will come back and retake the homes. Oh, and there still are 7 Million more people and millions of commuters.

Thursday, February 08, 2007

"Dialog" Boxes and Dialog with Bill Gates

I was shutting down a windows application the other day when I was stopped by the ubiquitous "You have a dialog box open." It said something to the effect of "windows cannot complete the requested action because..." I looked up dilaogue and it said " A conversation between two or more people.

This feels like the kind of dialogue one has with his mirror or a policeman who stops to give you a speeding ticket or the dialog we seem to have with the Israeli tax authorities.

Now it looks like Bill Gates is having some issues with "Dialog" on Windows Vista as well. Check out this video below and then for a much more serious discussion see this piece by Roger Ehrenberg on Seeking Alpha (Benchmark Investment) entitled "Apple Envy."

Wednesday, February 07, 2007

Web 2.0 Tracker

Thanks to my friend Nahum for pointing out this cool web 2.0 tracker (even though it is based on suspect Alexa data) hosted on esnips.

Monday, February 05, 2007

The Super Bowl, The Press, The Truth and The Lord

When I woke up this morning I caught the last few minutes of the Super Bowl and the post game trophy presentation. I love to watch football (although not enough at this point in my life to lose and entire night's sleep for the Super Bowl) and it was great to see Peyton Manning and Tony Dungy walk off with the trophy. I was fascinated by Dungy's post game remarks, particularly by how many times he mentioned the Lord. One comment stuck in my head: He mentioned that after Devin Hester returned the opening kickoff for a touchdown, he remarked to his team that We took the hit early with Deven Hester, the Lord does not always take you down a straight path, it is going to be a storm(I am not sure that is the exact quote but I think it is pretty close)."

Now I do not have a TIVO box (nor a TV for that matter) so I cannot replay the quote (Anyone who does and can upload the post game comments to YouTube and link in the comments section would be much appreciated). However when I opened the post game Associated Press Recap, something in the quote they used did not sit right.
"I'm so proud of our guys," Dungy said. "We took the hit early with Devin Hester. We talked about it; it's going to be a storm. Sometimes you have to work for it. Our guys played so hard and I can't tell you how proud I am of our group, our organization and our city."
You see Dungy mentioned the Lord many times in his trophy acceptance speech (he repeated it in an interview on ESPN (on the ESPN website) but He is conspicuously absent from the entire AP article and I believe that they even massaged his quote to exclude the religious references. Assuming my memory is correct about Dungy's quote this would be a certain case of media agendas meddling in quotes. Now I realize that the Super Bowl is a football event and not a religious event. This is more a point about the media projecting their biases, views and beliefs on reporting and even quoting.

Sunday, February 04, 2007

Thought Provoking Video

With the first Scoop Citizen Journalist conference coming up on tuesday, I thought anyone involved in the Web 2.0, participatory Media and in grassroots democracy, should find this video interesting. Most of the world is not yet aware of how the new participatory web is shaking up every part of our life from business to politics, to media and religion and even raising kids. Likud Leader and Israeli Prime Minster Hoperful Bibi Netanyahu's blog, Barack Obama's Launch of his presidential bid on YouTube and Hillary Clinton's use of Yahoo Answers are only the beginning of the deep re-engagement of citizens in Democracy. Scoop and OhMynews.com are revolutionizing national agendas and the media's grip on influence by giving ordinary citizens a national stage, enabling them to set national agendas.



The video, by Michael Wesch, an Assistant Professor of Cultural Anthropology at Kansas State University, is titled, "Web 2.0 ... The Machine is Us/ing Us."

Thursday, February 01, 2007

Compliance in the Blogosphere

As you can see on the right hand side of this page, I have received Seeking Alpha Gold Certification (Full Disclosure: Benchmark is invested in Seeking Alpha and I am on the board). I think this is a critical step for the blogosphere generally as it removes one of the criticisms of bloggers by old line media. Not that the NYT has been scandal free, but mainstream media has attempted to paint bloggers as un-trustworthy or amateurish. The brouhaha surrounding Michael Arrington and his techcrunch blog is well-known and I have commented on it before.

By providing compliance certification, especially in a sensitive area like stock market analysis, Seeking Alpha is providing credibility and air cover for many bloggers. Think of it as the equivalent of a press pass with MORE DISCLOSURE than you would get from any journalist. This is big stuff as bloggers and citizen journalists increasingly shape the public agenda and I think will have profound impact on the power of bloggers and citizen journalists in the coming years. I look forward to seeing compliance and certification pop up in other verticals other than finance.