On video: the police are trying to stop the demonstration against the legal revolution in Haifa (according to section 27a)
Politics - certainly Israeli politics is an emotional matter.
I want to say - many of us liked or rejected the Prime Minister's words last night, even before he opened his mouth.
Those who admire him will find it hard to believe that he has not heard the words of a living God (according to Knesset member Tali Gottlieb's response), just like those who do not believe a word that comes out of his mouth, did not bother to listen to what Netanyahu had to say. Therefore, I will ask you to join me in a short exercise of guided imagination
- If only to free ourselves from prejudices and try to understand whether the Prime Minister of Israel, in his words last night, reassured the citizens and outlined a clear direction forward, or whether he twisted us in denial and deepened the rift. Please imagine that you are shareholders in the public company called "Israel", like you there are 6
more 7 million shareholders (as the number of adult citizens) - and we were all invited last night to the annual meeting, to listen to the CEO's speech.
First of all, some background: even those who voted for the CEO in the general assembly held about four and a half months ago (November 2022, you may check in the report to the stock exchange) and furthermore - even those who think he is a good CEO who deserves to continue, surely understand that these are not the days Kalim: A labor dispute was declared at the company's most important plant, the security plant.
Radical changes, even if you support them, were introduced into the bylaws, among some shareholders a feeling arose that the appointments to key positions in the company are not made based on qualifications but only based on the degree of loyalty to the current CEO. What's more: even though he inherited excellent balance sheets from his predecessors, at least according
to Recorded in the books - large foreign exchange reserves, low deficit, zero unemployment and low inflation compared to the rest of the world, meanwhile the new CEO presents very unflattering numbers.
The prime minister and defense minister who was fired and reinstated.
A backup secretary of a soccer team manager for a coach whose dismissal was rumored (photo: official website, Ministry of Defense, Ariel Harmoni)
The bank manager refuses to meet with the CEO
The danger is also great from the outside: the competitors, among them not only those who aim to take a bite out of our sales, but even take us out of the market definitively, rose up against us.
It's not just about direct competition: the rival company called Iran has raised its stature through a series of alliances with what we hoped would be our new business partners.
Speaking of partners: our relationship with the largest lending bank in the banking group that provides us with financing, Bank USA, is bad.
We could always count on that bank to open our pockets in times of crisis - and here, a robbery and a break: the bank manager is not even ready to meet our CEO! This is what he said with his own mouth, in front of the television cameras, until even the respected board member Nissim Vettori was shocked to the core And insulted him.
But above all, there are quite a few shareholders who are worried that the new-old CEO is not loyal to his own policy, the one thanks to which he was elected.
He promised to treat those who caused the high cost of living, promised to restore peace to the streets - and here in practice the opposite is happening: so far he has mainly promoted policies that benefit his immediate environment and his fellow management partners - their natural right to receive such gifts as favors, strengthening their position before the company's legal advisory department , establishment of a private police force for one of the board members with a dubious reputation, increased compensation for those who choose not to participate in meetings (equal burden) and more.
It is true that some of these diseases also characterized some of the company's previous management members, but during the current management period they were official policy.
In the end, the protest of about half of the shareholders pushed the CEO into a corner: the dismissal of the VP of Security in the company was suspended, and when a telephone poll was held among the shareholders and it became clear that there was a clear majority in favor of his removal, he decided to convene an extraordinary meeting.
Special offer for the holidays
This is how you will prevent a heart-felt event from disrupting the happy holiday season
Served on behalf of Shachel
A discussion in the Ministerial Committee on the gas agreement with Lebanon, which was not signed with Hezbollah as the Prime Minister said, but was imposed on the terrorist organization.
Also visible in the photo are senior members of the defense establishment who all supported the agreement (Photo: Government Press Office, Amos Ben Gershom)
Excited, the shareholders gathered in front of the screens, willing to hear the explanation of the man who even his opponents internalized the fact of being one of the most beloved CEOs in the company's history. They expected to be exposed to a new vision, to hope, to a message that would have some solution for the production departments, for marketing, something that would increase the value of the stock of the public company called "Israel" which was battered and whose value was sharply cut - in only one hundred days!
Instead they heard a speech in which the CEO blames his predecessors in the position, while pointing out wrong facts and numbers (it is enough to look at the gas agreement, which was not signed with Hezbollah but was forced about him and who is regulating for Israel an imaginary and elusive territory called "economic waters" as it is listed on the taboo, with international support and the consent of the converts of its competitors) and explains that it will take time for him to repair the damage.
Even with regard to the labor dispute that was discovered with the most important employees of the company - from the high-tech sector to the aviation department - the CEO was not in the news. In an invited question from his people in the communications division, whose representatives were allowed to ask questions at the end of the speech, he made it clear that not only would he not suspend the legal legislation, but that he hopes that, according to most of its characteristics, it will be accepted by the agreement of his opponents. How? He did not elaborate.
How? He did not elaborate, nor did he say what he would do if an agreement is not reached, which raises the suspicion that he does not intend to resolve the issue through negotiations, but to continue and try to impose it on its opponents. Perhaps this is his right, as CEO, but even though he referred to the labor dispute that broke out between the current management and the largest and most important workers' committees, they did not receive any news from him, but only a severe reprimand for daring to declare such a labor dispute.
Many Israelis make their deposits liquid.
When will they transfer their money abroad? According to last night's speech, it's only a matter of time (Photo: ShutterStock)
Netanyahu's luck: the stock market is closed
And now we will return from the magical world of public companies to the reality of Israeli society and ask: if you had a share like this in your pocket, what would you do with it today?
Would you continue to hold on to it in the hope that the man you listened to last night would be able to heal society, or would you realize that it was worth getting rid of as long as it was worth something?
And it seems that this is the point that Netanyahu misses.
He is busy firing Galant or providing backup (most of all she mentioned the "backing" given to a football coach whose dismissal was rumored. All that is needed is for it to be known that Sharon Mimer is a candidate!), but in practice there are groups of shareholders who have already started to sit on the fence.
It is true - in the vote of the general assembly (i.e. elections) the statutes state that their vote is equal to the vote of those who own only one share, but in practice - this is known to the prime minister, the CEO in the example, who have a decisive influence on the company's chances of success.
They withdraw billions from medium and long-term deposits and make their money liquid.
In the meantime, they have not yet invested it in other ventures, overseas, but they asked the real estate agents abroad about Israeli interest in the last two months, checked with the notaries, lawyers and accountants - some documents that are needed to transfer the economic activity abroad they were recently asked to translate - and discover the terrifying dimensions of the potential danger to what, until a few months ago, seemed to be one of the most successful start-ups in history.
My concern, as a small shareholder in the public company called "Israel", which is just like in the security arena, so in the economic arena: my CEO misses the event, not present at it, not understanding the magnitude of the hour, busy appeasing his immediate surroundings and strengthening the strings of the golden parachute he sewed for himself.
Netanyahu has always been a lucky CEO, even his bitter opponents will say that with a combination of common sense and what is perceived by some of his supporters as divine providence, somehow the right cards fell to him, the stars in the sky of Israeli politics aligned for him - call it what you will. Well, even after His speech yesterday was very lucky: it's lucky that the stock market is on strike because of the holiday, otherwise his stock - and all of us - would have crashed to the point of ceasing trading in it. After everyone who hoped that there was still hope for it, saw the CEO's speech and realized that it was doomed.
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