Today’s issues: Salary caps, the move to break Breaking the Silence, terror unifies, and the perception of American power.
The Jerusalem Post comments on the initiative to cap the salaries of executives employed in publicly traded financial institutions, but contends that “fighting the high salaries of executives through legislation or regulations simply does not work.” The editor believes that if salary levels are restricted, shareholders will find other creative ways to compensate their executives, and points out that “Banks, insurance companies and investment firms have such huge market capitalization and profits that shareholders are willing to continue to pay exorbitant salaries to get the person they want, whether it helps the company’s bottom line or not.”
Haaretz contends that by referring to the members of the Breaking the Silence nongovernmental organization as ‘traitors’ in a talk with high school students, Defense Minister Moshe Ya’alon, considered by many one of the government’s more moderate ministers, has joined “the coterie of ministers who are busy serving the extremist settlers and inciting against Arabs and leftists, rather than finding solutions to the security problems threatening all Israelis." The editor argues that “Ya’alon gave in, cowardly, to the extreme right-wing spirit that has taken over the government. He has added his support to the threats against Breaking the Silence that have intensified in recent months, led by the prime minister and some of his cabinet ministers,” and cautions: “It’s not just members of Breaking the Silence who are threatened, but Israel’s entire democracy.”
Yediot Aharonot contends that what began as lone-wolf terrorism has morphed into an armed struggle, and states: “The unifying force of terror and incitement is the only glue that holds Palestinian society together. Therefore, a complex, overarching solution is needed in order to stop this current wave of violence.”
Israel Hayom examines former US President Jimmy Carter’s ‘make America weak’ agenda, which resulted in Ronald Reagan’s successful bid for the presidency, and states: “It is this fact beyond all others that explains the Donald Trump phenomenon.” The author reminds readers that “perception plays a huge role in global politics,” and argues that despite his vulgarity, Trump has accomplished something crucial: “He has recreated the perception of American power that is a necessary first step to actually restoring it.”
[Ronni Shaked and Ruthie Blum wrote today’s articles in Yediot Aharonot and Israel Hayom, respectively.]