Love of the Land: Obama's Israeli coalition members

Obama's Israeli coalition members

Caroline Glick
carolineglick.com
28 March '10

Americans watching in horror as Barack Obama makes clear that he is an enemy, not a friend of Israel, will be shocked to know that while the Israeli public shares their estimation, the Israeli media and the political left are taking Obama's side against Israel.

It is important to understand the context behind what is happening today in Israel because the powers that be on the Israeli Left are advancing several different agendas at once by attacking Netanyahu.

For their part, Yediot Ahronot, Ma'ariv and Channel 2 television news which is owned by more or less the same people as Yediot, are all battling Netanyahu as a proxy against his political supporter US billionaire Sheldon Adelson. Adelson owns the new free daily newspaper Yisrael Hayom and his is distributing for free in 350,000 copies a day. Recently, Yisrael Hayom began publishing a weekend newspaper as well.

Before establishing Yisrael Hayom, Adelson made two attempts buy Ma'ariv which has been hemorrhaging cash for years. After the leftist media establishment circled the wagons to block him, Ma'ariv's primary owners, the Nimrodi family rejected his offer.

Just this month, they sold a large share of the newspaper to high-tech multimillionaire Zaki Rakib. Media analysts suspect that something other than financial interests played a role in the deal because no one believes that Ma'ariv has a future in light of Adelson's move to capture the newspaper advertising market with his free paper. Among other things, it has been reported that Rakib has just formed an investment fund with Yediot's heiress Judy Shalom-Nir-Mozes.

So too, in Jul 2008 Yediot lost its monopoly, (i.e. more than 50% share) of the Israeli daily newspaper market due to Yisrael Hayom's erosion of its readership. Both Yediot and Ma'ariv declared war against Netanyahu in the hopes that by putting the squeeze on him, he will prevail on Adelson to cut back on Yisrael Hayom's circulation. In light of Yediot's owners' ownership shares in Channel 2, financial interests have played a role in the television station's animosity towards the premier.

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Love of the Land: Obama's Israeli coalition members