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Old 11-03-2023, 09:59 AM
 
Location: Gainesville, FL; formerly Weston, FL
3,237 posts, read 3,192,672 times
Reputation: 6507

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Florida’s treasurer has announced that the state will buy $120 million worth of Israel bonds, bringing its investment to $200 million. The treasurer calls for other US states to do the same.

Florida Stands With Israel.

https://myfloridacfo.com/news/pressr...n-israel-bonds
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Old 11-03-2023, 10:01 AM
 
Location: Flyover part of Virginia
4,232 posts, read 2,456,650 times
Reputation: 5066
Florida is a deeply neo-con state- not at all surprising.
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Old 11-03-2023, 10:03 AM
 
Location: Northwest Houston
559 posts, read 296,030 times
Reputation: 677
America gives Israel billions every year. The whole country stands with them- not just Florida.
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Old 11-03-2023, 10:04 AM
 
5,980 posts, read 2,234,421 times
Reputation: 4615
Quote:
Originally Posted by txdad99 View Post
America gives Israel billions every year. The whole country stands with them- not just Florida.
That is what I was thinking, it's a safe bet because it's backed by the # of tax dollars we give to Israel.
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Old 11-03-2023, 10:07 AM
 
45,230 posts, read 26,431,296 times
Reputation: 24979
lol @ all the gop’ers trying to out worship each other on Israel..did everyone go to Epstein’s island?

Last edited by Frank DeForrest; 11-03-2023 at 10:20 AM..
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Old 11-03-2023, 10:41 AM
 
Location: SF Bay Area
7,321 posts, read 3,796,563 times
Reputation: 5271
Virtue signaling bond purchases is bad fiscal management and the courts should prosecute any politician that does that.

This is taxpayer money and debt that will be repaid by future generations. ALL that matters is if it's a sound investment.
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Old 11-03-2023, 10:47 AM
 
Location: Sonoran Desert
39,077 posts, read 51,218,516 times
Reputation: 28322
Quote:
Originally Posted by mattja View Post
Virtue signaling bond purchases is bad fiscal management and the courts should prosecute any politician that does that.

This is taxpayer money and debt that will be repaid by future generations. ALL that matters is if it's a sound investment.
The hypocrisy is mind boggling. The same politicians who direct fund managers not to invest in ESG companies and indices are all in when it comes to investing in their own political causes.
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Old 11-03-2023, 10:58 AM
 
5,984 posts, read 3,724,157 times
Reputation: 17064
Quote:
Originally Posted by mattja View Post
Virtue signaling bond purchases is bad fiscal management and the courts should prosecute any politician that does that.

This is taxpayer money and debt that will be repaid by future generations. ALL that matters is if it's a sound investment.
It appears that it IS a sound investment.

COUNTRY • SUMMARY
ISRAEL
Last Update: 3 Nov 2023 0:15 GMT+0

The Israel 10Y Government Bond has a 4.408% yield.

10 Years vs 2 Years bond spread is 36.7 bp.
Normal Convexity in Long-Term vs Short-Term Maturities.

Central Bank Rate is 4.75% (last modification in May 2023).

The Israel credit rating is AA-, according to Standard & Poor's agency.

Current 5-Years Credit Default Swap quotation is 136.72 and implied probability of default is 2.28%.



https://www.worldgovernmentbonds.com...604%25%20yield.

.
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Old 11-03-2023, 11:17 AM
 
Location: Free State of Florida
25,729 posts, read 12,800,389 times
Reputation: 19290
Quote:
Originally Posted by Taggerung View Post
Florida is a deeply neo-con state- not at all surprising.
As a Floridian, I appreciate your compliment. I am a very proud neo-con from the free state of Florida.

What part of neo-conservatism do you object to?

"Neoconservatism refers to things that are pro-American nationalist interest in international affairs. This includes bigger military, pro-democracy, nationalism, anti-communism. It started in the United States during the 1960s."

Are you anti-American? Against our natonal interests in international affairs? Against our #1 most powerful military? Anti-democracy? Pro communism? I'm very curious where you disagree.

Way to go governor DeSantis Florida loves you.
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Old 11-03-2023, 11:21 AM
 
Location: Free State of Florida
25,729 posts, read 12,800,389 times
Reputation: 19290
Quote:
Originally Posted by mattja View Post
Virtue signaling bond purchases is bad fiscal management and the courts should prosecute any politician that does that.

This is taxpayer money and debt that will be repaid by future generations. ALL that matters is if it's a sound investment.
Palm Beach County is a Blue County. They bought $200M worth of Israeli bonds...so how do you Libs feel about that?

[b]"Palm Beach County has a total of $200 million invested in Israel Bonds and will earn $21 million in interest off the most recent purchases. “What does this mean for Palm Beach County taxpayers? It means an incredible return, with a very strong and safe investment,” Clerk Abruzzo said.[/B]"
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