Tag Archive | Balfour Declaration

Balfour’s greatest of gifts

by Caroline Glick


This week Israel’s judo team was harassed and discriminated against by UAE officials when they tried to board a flight from Tel Aviv to Istanbul, en route to Abu Dhabi to participate in the Judo Grand Slam competition.

Apropos of nothing, UAE told the Israelis they would only be permitted to enter the UAE from Amman. And once they finally arrived at the competition, they were prohibited from competing under their national flag. Lowlights of the UAE’s shameful bigotry included the forcing Tal Flicker to receive his gold medal under the international Judo association’s flag with the association’s theme song, rather than Israel’s national anthem playing in the background and the sight of a Moroccan femail judoka literally running away from her Israeli opponent rather than shake hands with her.

The discrimination that Israel’s judokas suffered is newsworthy because it’s appalling, not because it is rare. It isn’t rare. Israeli athletes and performers, professors, students and tourists in countries throughout the world are regularly discriminated against for being Israeli Jews. Concerts are picketed or canceled. Israelis are denied educational opportunities and teaching positions.

Israeli brands are boycotted and Israeli shops are picketed from Montreal to Brooklyn to Johannesburg.

The simple act of purchasing Israeli cucumbers has become a political statement in countries around the world.

And of course, there is the world of diplomacy, where the nations of the world seem to have flushed the news of Israel’s establishment 70 years ago down the memory hole. The near-consensus view of UN institutions and to a growing degree, of EU institutions, not to mention the Arab League and the Organization of the Islamic Conference, is that the Jewish exile should never have ended. The Jews should have remained scattered and at the mercy of the nations of the world, forever.

In the face of the growing discrimination Israelis suffer and rejection Israel endures, how are we to look at the centennial of the Balfour Declaration, which we will mark next Thursday? One hundred years ago, on November 2, 1917, Arthur Balfour, foreign secretary of Great Britain, detonated a bomb whose aftershocks are still being felt in Britain and worldwide.

That day, Balfour issued a letter to Lord Walter Rothschild, the leader of the British Jewish community.

The letter, which quickly became known as the Balfour Declaration, effectively announced the British Empire supported an end of the Jewish people’s 1,800-year exile and its return to history, as a free nation in its homeland – the Land of Israel.

In Balfour’s immortal words, “His Majesty’s government view with favour the establishment in Palestine of a national home for the Jewish people, and will use their best endeavours to facilitate the achievement of this object.”

The Palestine Arab leadership at the time rejected his statement. Shortly thereafter the Arabs initiated a terrorist onslaught against the Jewish community in the Land of Israel that has continued, more or less without interruption, ever since.

And nothing has changed since then. The Palestinians have not moved an inch in a hundred years. PLO chief and Palestinian Authority Chairman Mahmoud Abbas now demands that Britain officially renounce the Balfour Declaration and apologize for having issued it as if Lord Balfour was still foreign secretary and David Lloyd George was still prime minster.

Their growing chorus of supporters at the UN, throughout the Islamic world, and in Europe is similarly stuck in 1917.

Prime Minister Benjamin Netanyahu doesn’t believe that the enduring Arab and international rejection of Israel’s right to exist mitigates the significance of the Balfour Declaration. Next week he will travel to London to participate in the centennial commemorations of the Balfour Declarations at the side of British Prime Minister Theresa May.

May said on Wednesday that she is “proud” to commemorate the declaration. In her words, “We are proud of the role that we played in the creation of the State of Israel and we certainly mark the centenary with pride.”

This was certainly nice of her. But May also felt it necessary to tip her hat to the Balfour haters. So she added, “We must also be conscious of the sensitivities that some people do have about the Balfour Declaration and we recognize that there is more work to be done. We remain committed to the two-state solution in relation to Israel and the Palestinians.”

This bring us back to the Palestinians, and the UAE, and the protesters who will be screaming out against Balfour and David Lloyd George from one end of Britain to the other next week demanding their declaration be withdrawn and history rolled back.

These people are not fringe elements. They have lots of people in positions of power in Britain who agree with them.

main opposition party is being led by an ardent Israel-basher. Labour leader Jeremy Corbyn announced Monday that he will not be participating the Balfour centennial ceremonies. And that makes sense.

It would be awkward for a man who was elected and reelected after calling Hezbollah and Hamas terrorists his “friends,” to be celebrating Britain’s role in establishing the state his friends are working to destroy.

Corbyn’s boycott, and his very rise to power, are clear signs that Balfour’s legacy is a mixed bag.

Except that it isn’t a mixed bag.

At a very deep level, Israel owes its existence to the Balfour Declaration. This is true not because the Balfour Declaration changed the way the world viewed the Jews. It manifestly did not – not in its own time, and not today.

In fact it is richly ironic that the Palestinians and their supporters blame the British for the establishment of Israel. Shortly after the Balfour Declaration was issued, British authorities, particularly on the ground in the Middle East, did everything they possibly could to cancel it.

In 1920, British military officers asked the local Arab strongman Haj Amin al-Husseini to incite a pogrom in Jerusalem over Passover. Husseini’s thugs murdered four Jews and wounded many more. The purpose of the pogrom was to convince the British Parliament to cancel the Balfour Declaration.

The plan didn’t work. Lloyd George and Balfour and their colleagues weren’t interested in abandoning their three year old declaration.

Two years later the League of Nations established the British Mandate for Palestine on the basis of the Balfour Declaration. But the seeds of doubt were duly sown.

Almost immediately after the League of Nations issued the Mandate, the British carved off three-quarters of the territory earmarked for the Jewish national home to create Trans-Jordan.

It was largely downhill from there.

The Mandate required Britain to fulfill the promise of the Balfour Declaration, by among other things facilitating mass Jewish immigration to the Land of Israel. Yet, with each successive wave of Arab terrorism against the Jews, the British issued restrictions on Jewish immigration and limitations on the right of Jews to purchase land that grew harsher with each iteration. These actions paved the way for the 1939 White Paper which abrogated the Balfour Declaration in all but name. It renounced Zionism, and effectively ruled out any possibility of a viable Jewish state being established by blocking Jewish immigration and land purchase.

It also sealed the fate of the Jews of Europe, by denying them the ability to flee to the one place on earth that wanted them – their home.

British antagonism to Jews and their national liberation movement only grew in the postwar years. News of the Holocaust didn’t move the British to fulfill their commitment under the Balfour Declaration. Instead, they threw Holocaust survivors into prison camps in Cyprus and raised the Arab Legion, the most powerful Arab military force in the 1948-49 War of Independence. Britain only recognized Israel in 1950.

So again why is Netanyahu making the trip to London? On the face of it, aside from Germany, no country is less deserving of Jewish gratitude than Britain.

But not everything is cut and dried.

For while it is true that the Balfour Declaration didn’t change the world, or even the British, it changed the Jews.

After 1,800 years of dispersion and hopelessness, here was the British Empire saying that the time had come for the Jews to reconstitute themselves as a free nation in their land.

Theodor Herzl had held the First Zionist Congress in Basel, Switzerland, 20 years earlier. Zionist pioneers laid the cornerstone for Tel Aviv and established the first kibbutz eight years earlier.

These were all significant milestones.

But until Great Britain announced it supported Zionism, the vast majority of Jews thought the national liberation movement was doomed to fail just like all of its messianic predecessors.

Suddenly, Balfour made it practically possible to achieve the goal of national liberation. Under the League of Nations Mandate, Jews were given a legally binding international charter for the reconstitution of their national homeland.

Just as importantly, if not more importantly, the Balfour Declaration ignited the imaginations and passions of Jews throughout the world. For the first time since the fall of Betar, Jews, dispersed throughout the nations dared to believe that the reconstitution of Israel could happen in their lifetimes.

True, for 6 million Jews in Europe, it was not realized in time. But here too the Balfour Declaration was significant. The legitimacy that the Balfour Declaration conferred on Zionism in the eyes of world Jewry gave the Jews an answer to Hitler. As the Nazis rose to power, for the first time, the Jews knew what they needed to do. For the first time, the majority of world Jewry embraced Zionism.

After the Holocaust, that support became a demand. And due to the Balfour Declaration, the nations of the world – particularly the US – were empowered to stand up to the British government and demand that it step aside and allow the Jews to establish their state.

The Balfour Declaration didn’t change the way non-Jews felt about the Jews. It empowered the Jews to change their fate. And it gave license to the nations of the world to support them – if only fleetingly in most cases – and so allowed history to change in a revolutionary way for the Jewish people.

Israel’s first prime minister David Ben-Gurion famously said, “It doesn’t matter what the gentiles say. It matters what the Jews do.”

Ben-Gurion’s statement was harsh. But it was also accurate, by and large. Generally speaking, the nations of the world have not supported the Jews, not in the Diaspora and not in Israel. Jewish survival has always been more a function of Jewish action than gentile sympathy.

But while accurate in the general sense, the routine hostility of the nations of the world mustn’t make us overlook the enduring significance of their acts of friendship. The Balfour Declaration didn’t change the whole world. It changed the Jewish world. It didn’t change the Jewish world by creating a state for us. It changed the Jewish world by helping us to believe that we could fulfill our longing to return to Zion. And once we believed it, we did it.

So Netanyahu is right to travel to London to show his appreciation for the Balfour Declaration – protests or no protests. Indeed, he would be right to go to London even if Corbyn were prime minister and no one greeted him at the airport. By showing our enduring appreciation for what the British government did for the Jews a hundred years ago, we may inspire new unknown Balfours to stand with us tomorrow, even as the chorus of Balfour-haters drones on and on and on.



(Arutz Sheva News)
Tzvi Fishman was awarded the Israel Ministry of Education Prize for Jewish Culture and Creativity. Before making Aliyah to Israel in 1984, he was a successful Hollywood screenwriter. He has co-authored 4 books with Rabbi David Samson, based on the teachings of Rabbis A. Y. Kook and T. Y. Kook.  His other books include: “The Kuzari For Young Readers” and “Tuvia in the Promised Land”.  His books are available on Amazon.  Recently, he directed the movie, “Stories of Rebbe Nachman.”
Shimon Peres indeed contributed many things to the rebuilding of the Jewish People in the Land of Israel.  This essay is not about him. It is about the way the well-oiled, leftist media machinery in Israel, and the anti-Israel mega-media around the world, are turning Shimon Peres into a modern day saint in order to advance their agenda of Palestinian Arab sovereignty in the Land of the Jews.
With the power of modern technological wizardry, the backing of billions of dollars, a tsunami of double talk, misrepresentations, and flagrant omissions, along with the sheepish consent of the frightened leadership in Israel, and the good manners of devout Jews who know the truth, but who will keep silent in respect for a fellow Jew facing His Maker, the world will be duped into believing that Shimon Peres was the Jewish Mahatma Gandhi, and that the Oslo Agreement was the best thing that hit the globe since apple pie.
Don’t let the media hoopla fool you into believing that the disaster of Oslo, and the creation of Hamastan within the borders of the Land of Israel, was a blessing for mankind.
The media extravaganza is on center stage in Israel Get ready for a giant fabrication of modern Zionist history. Prepare yourselves for the carefully-crafted digital whitewash.  Beware, because you are about to be inundated with a media binge of sugar-coated, selective journalism until you believe it too.
Be warned.  The people who disagreed with Shimon Peres, his political opponents, journalists on the right, the Israeli majority that raised their voices in protests which were ignored and crushed, idealistic settlers of the Biblical heartland of Israel, all of these people will be labeled fanatics, extremists, radicals, crazies, and enemies of peace.
In the end, the architect of Oslo will be glorified, the recipient of the Nobel Prize for peace with Yasser Arafat will be knighted and transformed into an icon of peace, and the myriads of terror victims, the victims of Oslo, the murdered and the maimed, the murdered “Korbanot Hashalom” (peace offerings) will be forgotten in the around-the-clock bombardment of praise that is already being disseminated for worldwide publication.  Countless victims of reckless and egotistical pipedreams will be forgotten and discarded from the annals of Jewish history, like pages ripped from a book.
A massive onslaught of media manipulation is on to weaken the righteous cause of Israel which declares that the Land of Israel is the Homeland of the Jewish People alone.  So beware!


By Gary Willig (Arutz Sheva News)
Shimon Peres and Abbas reportedly set up program to allow Jews to remain in Palestine, only to have Netanyahu pull the plug.
Channel 2 Diplomatic Correspondent, Udi Segal, reported in his weekly column in the Maariv newspaper that former President Shimon Peres and Palestinian Authority President Mahmoud Abbas engaged in negotiations to come up with a plan that would be accepted by Netanyahu and the Israeli political right.
Segal said that Peres received permission from Netanyahu to search for a way through the diplomatic standstill “possibly because he wanted to use Peres to legitimize the peace talks and help maintain good foreign relations. But Peres was not going to be used as a mere fig leaf and creatively moved beyond the limits he had been given.”  This is similar to what happened in the Oslo negotiations.
According to Segal, Peres and Abbas reached an agreement in principle in which the IDF would have units stationed to protect Israeli citizens within a Palestinian State.
“The details were not finalized, but the idea was moving forward until Netanyahu blocked it at the last minute while Peres was on a visit to Jordan.” as revealed by reporter Ben Caspit, known for his intense dislike of Netanyahu. The shelved plan later received a modicum of approval when Netanyahu hinted in an interview with Channel 2 in 2013 that many settlements might remain in a Palestinian state.” wrote Segal.
“If this opportunity really existed, then it was lost. Peres stayed home.  Abbas felt betrayed and walked away from the idea.  And Netanyahu worked on the plans of Tony Blair, which ended up being a dead end.  Peres tried until the last minute.  He never stopped dreaming.  He knew from experience that the State of Israel was born from a dream, a vision.  From the dream of Herzl.” Segal added.
Peres’ earlier dream of peace after the Oslo Accords went up in terror attacks that caused the deaths of close to 2000 Israelis. Peres’ idea of having the IDF protect Israelis travelling on the roads of Judea and Samaria while living under a Palestinian Arab regime is seen by most Israelis as an experiment with human lives and has been rejected by the right.

By Charles Gardner (Arutz Sheva News)
As Israel mourns the passing of Shimon Peres, the last of their founding fathers, I pray for the dawning of an even brighter era that will bring light to their path and sweetness to their souls.
And as Jews everywhere rejoice in their New Year festival of Rosh Hashanah, I feel there is something of an apocalyptic, end-time significance about this particular anniversary.
It ushers in the year 5777, which has a resonance of its own with three sevens – the latter being the ‘perfect’ number in biblical terms.  And in the Gregorian calendar which most of us follow, we will soon be welcoming 2017, a date of huge relevance to Israel on three counts.
First, it will mark the jubilee, or golden anniversary (50 years), since the Six-Day War of 1967 when the Old City of Jerusalem – the holiest property in all Judaism – was restored to Jewish hands for the first time in more than 2,000 years. Some scholars have suggested that this awesome event represented the fulfilment of “the times of the Gentiles” referred to by Yeshua when he said: “Jerusalem will be trampled on by the Gentiles until the times of the Gentiles are fulfilled.” (Luke 21.24)
The new year will also mark 70 years since the historic United Nations vote to recognize Israel when, although Arab states opposed the resolution, the required two-thirds majority was achieved which set the scene for the re-birth of Israel the following year.
Remember what Yeshua said about the lesson learned from the fig tree, which is symbolic of Israel. He said that when it buds and blossoms at a time when the world is in great upheaval with wars, famines and earthquakes, we would know that his coming is near. Then he said: “This generation will certainly not pass away until all these things have happened.” (Matthew 24.34)
In other words, the generation (possibly lasting 70 years, man’s allotted lifespan according to Psalm 90.10) witnessing these extraordinary events would live to see “all these things” happening.  Could that include his actual return? We cannot be certain, but it’s a distinct possibility. And as one born the year after the state of

Israel, I find that both hugely exciting as well as rather scary.
But neither of these hugely historic anniversaries would have been possible without Britain’s Balfour Declaration of 1917, which effectively cleared the path for Israel’s restoration. The centenary of this crucial milestone in the Jews’ long journey home is in danger of being lost in the mists of political correctness, but it needs to be celebrated with gusto.  It may not be as topical as our current Brexit endeavors, but it is also something for which Britain can be justly proud.
It amounted to a British government promise, from Foreign Secretary Lord Arthur James Balfour, to do all in its power to facilitate the creation of a homeland in Palestine (as the region was then known) for the Jewish people. And it came about largely through the efforts of 19th century evangelical Christians.
allied to the rise of Zionism under Theodor Herzl. When all is said and done, it was the preachers and politicians who knew their Bible – and the God of the Bible – who undoubtedly most influenced the government of the day. They clearly saw that it was our duty as a Christian nation to love and support the Jews, and to facilitate their return to their ancient homeland.
They also knew – and this was crucial to their support – that it wasn’t just about land, but about the Lord; that though the Bible clearly speaks of a restoration of Israel from every corner of the globe, such restoration would precede their national return to the God of Israel, the Father of the Jewish Messiah, Yeshua HaMashiach, which would in turn usher in our Lord’s Second Coming.  Ezekiel prophesied: “I will gather you from all the countries and bring you back into your own land…And I will put my Spirit in you and move you to follow my decrees and be careful to keep my laws.” (Ezekiel 36.24-27)
It was this truth, above all, that drove our British forefathers to pray, proclaim and work towards fulfilment of the Zionist dream.
God is seeking a bride with whom he wishes to rendezvous back in their ancient land where he first ‘courted’ her as they learnt to walk in his ways and when the prophets tried, often in vain, to encourage faithfulness to the one true God.
When the Balfour promise was made back in November 1917, the Holy Land still belonged to the Turkish Ottoman Empire, which had ruled the region for 400 years, but within weeks it was in British hands, which handed on a plate the opportunity for us to make good our pledge.
But because we reneged on many of our promises and dealt treacherously with the Jews as we made repeated concessions in a bid to appease Arab demands, it took another three decades – and the death of millions at the hands of the Nazis – before the founding fathers were finally in a position to re-create the state of Israel.
Please forgive us, and meantime rejoice that even without our help in more recent times – though certainly with God’s help – you have come this far.
May God’s love surround you at this special time and cause you to know the fear of the Lord and his decrees, which are “sweeter than honey” (Psalm 19.10).
In this beautiful psalm of King David, we see how much he loves the law, the statutes, the precepts and the commands of the Lord. “They are more precious than gold…and sweeter than honey.” And all of this is perfectly fulfilled in Yeshua, who told the crowds on the Mount of Beatitudes at Capernaum: “Do not think that I have come to abolish the Law and the Prophets; I have not come to abolish them but to fulfill them.” (Matthew 5.17)

The Palestinian Distortion Of The Balfour Declaration

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Palestinian Foreign Minister Riad Malki has threatened to sue Britain for issuing the 1917 Balfour Declaration because, he claims, that it led to mass Jewish immigration to British Mandate Palestine “at the expense of our Palestinian people.”

The Palestinian threat is not as laughable as it sounds. It’s not unexpected either, as part of the current Palestinian strategy to exploit any law and abuse any forum to delegitimise Israel.
The Balfour Declaration, named after then-UK Foreign Secretary Lord Arthur Balfour, pledged Britain’s support for the establishment “in Palestine of a national home for the Jewish people.” This was not intended to be at the expense of the local Arabs, whose civil rights would not be prejudiced: later, the 1936 Peel Commission proposed to partition western Palestine into an Arab, as well as a Jewish state.
“Nearly a century has passed since the issuance of the Balfour Declaration in 1917,” Malki was quoted as recently saying,”And based on this ill-omened promise hundreds of thousands of Jews were moved from Europe and elsewhere to Palestine at the expense of our Palestinian people whose parents and grandparents had lived for thousands of years on the soil of their homeland.”
Almost every word in Malki’s statement is a lie. Britain reneged on its promises to the Zionists. It gave 70 percent of Palestine to Transjordan in 1921 and curtailed Jewish emigration,  sealing the fate of countless Jews trapped in Nazi-occupied Europe.
No Arab states were enjoined to respect the civil rights of their Jewish citizens. These Jews were unceremoniously thrown out of the Arab world without apology and without compensation — and their pre-Islamic communities were destroyed.
The Palestinians say they cannot be held responsible for what happened to the Jewish refugees. While Israel can legitimately discuss Palestinian refugees in peace talks, Jewish refugees would have to address their grievances with the Arab states.
Arab League states, which instigated the 1948 war against Israel, did indeed create both sets of refugees. However, an extremist Palestinian leadership, which collaborated with the Nazis and incited anti-Jewish hatred all over the Arab world, dragged five Arab states into conflict with the new Jewish state — a conflict they lost and whose consequences they must suffer.  The Palestinian move to sue is as if Germans sued the Allies for starting World War II.
From the outset, the Palestinian cause was a pan-Arab nationalist cause. It has also a powerful Islamist, antisemitic dimension. In Arab eyes, the Jews have no claim to a single inch of “Palestine.”
Every Balfour Declaration anniversary, Arab mobs took to the streets, and the demonstrations often degenerated into full-blown riots, as in Egypt and Libya in 1945, when 130 Jews were murdered.
Not only did the Palestinian Mufti of Jerusalem, Haj Amin al-Husseini, instigate deadly disturbances in Palestine in 1920 and 1929, but he used the Balfour Declaration as a rallying cry to incite persecution against the Jews of the Arab world.
The Jerusalem Islamic Congress of 1931, called by the Mufti, was followed by violence in Morocco, Tunisia, Yemen, and Aden. All this well before the creation of the state of Israel.
But the worst incitement, with the deadliest consequences, took place in Iraq: the Mufti  fled to Berlin after being implicated in a failed pro-Nazi coup, but not before he had primed the Arabs of Baghdad to unleash the Farhud of 1941. The pogrom claimed the lives of at least 179 Jews.
This was the first battle in the Palestinian war against the defenceless Jews of the Arab world. Had the Nazis been victorious, the Mufti wanted to oversee the Jews’ extermination, not just in Palestine but throughout the Middle East and North Africa.
It is these Jews who have been denied justice, the right to compensation for their loss of assets and land several times the size of Israel itself, and the human rights abuses they suffered. It is these Jews who have every right to sue those who wronged them.
These are the facts of history that everyone needs to know before they form an opinion regarding the Israel/Palestine dispute.
They are vital to our understanding of whether or not media talking heads and politicians are merely expressing disagreement with the policies of the state of Israel. Or disguising their Antisemitism.
One who does this regularly, is LBC broadcaster – James O’Brien. Who heavily criticised Netanyahu  for saying Haj Amin al-Husseini shared responsibility for the Holocaust.
History proves he did. But just like his Jew hating Fakestinian friends. James O’Brien wants us to ignore history.


Shemitah Year Of 2015 May Bring Financial Upheaval


by  David W. Thornton

What would you do if you knew that divine judgment on your country and the world was imminent? If you are Jonathan Cahn, you write two best-selling books that detail the revelations that you have received about how the United States is already undergoing judgment and has been for more than a decade. Like a latter day prophet of the Bible, Cahn is issuing his warning that September 13, 2015 might be the next key date in the on-going series of judgments using a variety of mediums, from television to the internet, that were not available to the prophets of old.
Cahn’s first book, “The Harbinger,” dealt with clues that linked the September 11 attacks and the 2008 financial crisis to the prophetic judgments found in the Book of Isaiah as well as to an ancient Jewish custom of forgiving all debts and letting fields lie fallow every seventh year. It is the story of this Sabbath year that Cahn expounds upon in his newest book, “The Mystery of the Shemitah,” the Jewish term for the Sabbath year.
Cahn’s analysis of the relationship between the terrorist attacks of September 11 and the 2008 economic collapse turned up the astounding fact that stock market collapses in both years, which currently rank as the two largest stock market point crashes in U.S. history, occurred on the same day of the Jewish calendar.

Even more remarkable is the fact that the Jewish date on which the markets collapsed was the last day of the Shemitah year, the day in which all debts were wiped away. This action would result in a situation much like a modern recession as the accumulated wealth of seven years was blotted out and agricultural production plummeted.
When Cahn looked back at previous Shemitah years, he found that the pattern extended even farther back into U.S. history. The Shemitah of September 1993 through September 1994 (the Jewish New Year starts in September on the Gregorian calendar used by the U.S.) saw a selloff in the bond market that swept around the world. In 1987, a stock market crash occurred that held the record for largest point drop in a single day until the post-9/11 crash of 2001.

In 1980, the U.S. suffered a severe recession that lasted until 1982. In 1973, an oil shock brought on by the Arab oil embargo sparked another recession. In 1966, the U.S. experienced a credit crisis. In 1958, the Eisenhower Recession was a sharp, worldwide downturn. For more than 50 years, every Shemitah year has seen the U.S. experience financial upheaval.
In addition, the Shemitah was linked to the Great Depression as well. Although the initial stock market crash of 1929 was not in a Shemitah year, the decade of the 1930s contained two Shemitahs, 1930-31 and 1937-38. As a chart of the Dow Jones Industrial Average of the 1930s shows, 1932 was the darkest year of the Great Depression. By 1937, the recovery had begun, but country experienced a second recession within the Depression.
As Cahn points out, the law of averages would dictate that there is only a one-in-seven chance, less than a 15 percent, of a recession or crash occurring within a Shemitah. When the statistics are examined, the relationship between financial upheaval and the Shemitah is far stronger than can be explained by random chance.
The Wall St. Journal’s list of the 20 largest one day stock market crashes includes 10 that are in a Shemitah year. Nine of these crashes were in Elul, the last month of the Shemitah, or Tishri, the first month of the year that follows the Shemitah (late September or October on our calendar). A further three crashes were in months that followed (November and December). The total of 13 crashes, more than half of the crashes, is far more than the 15 percent expected.
The same list also shows that many of the largest stock market gains come in the wake of the Shemitah. If the Shemitah culminates in a recession, the recovery would be expected to begin in the first months of the new Jewish year. In all, five of the largest 20 gains occurred during a Shemitah year, which is close to the random distribution. Seven of the largest gains occurred in the wake of the Shemitah. This may reflect the extreme volatility of the markets in the Shemitah. Many economists note that sudden, sharp crashes are often followed by equally quick recoveries.
Many stock market analysts have noted the tendency of the stock market to falter in the fall of the year. This correlation may be explained by the end of Shemitah, which occurs in September, and the recovery that follows.
Additionally, the National Bureau of Economic Analysis lists 33 business cycles that have impacted the U.S. economy. A comparison of the list of business cycles to Shemitah years shows that in four cases the cycle was entirely contained within a Shemitah. In 14 cases, the cycle was partly contained within the Shemitah including three cycles which completed before the culmination of the Shemitah. The 18 cycles which were linked to the Shemitah is more than half of the U.S. business cycles.
Cahn goes further. In “The Harbinger” Cahn discussed the link between the towers of the World Trade Center and an obscure Bible verse quoted by Sen. Tom Daschle (D-S.D.) on the Senate floor on September 12, 2001. The same verse, defiantly vowing to rebuild the towers, symbols of pride, was echoed repeatedly in the following years by other government officials.
Cahn relates that the World Trade Center was conceived in the Shemitah year of 1945 when it was proposed by developer David Scholz. Groundbreaking for the World Trade Center was in the Shemitah year of 1966. In the Shemitah year of 1973, the twin towers opened as the world’s tallest buildings. In the Shemitah year of 1993, terrorists exploded a car bomb in the basement garage of the north tower, killing six people and injuring more than a thousand. Seven years later, in the Shemitah year of 2001, another group of terrorists succeeded in destroying the World Trade Center. The new tower on the World Trade Center site, One World Trade Center, also called the Freedom Tower, opened six weeks into the current Shemitah on Nov. 3, 2014.
Cahn also discusses the seventh Shemitah, the Jubilee. The 50th year, the year following the seventh Shemitah, was a “super Shemitah” that restored lands to their previous owners and set captives free. According to Cahn, no one today is sure when the Jubilee occurs, but there is another startling pattern. On November 2, 1917, British Foreign Secretary James Balfour signed the Balfour Declaration, which began the process of restoring a Jewish homeland in Palestine. This followed the 1916-17 Shemitah. Fast forward 50 years to June 7, 1967. This was the day that Israeli forces recaptured the city of Jerusalem in the Six Day War. This momentous event followed the Shemitah of 1965-66. This pattern suggests the possibility that these restorations both took place in Jubilee years.
If Cahn’s assumption is correct, the next Jubilee would follow the current Shemitah. The current Shemitah runs from September 25, 2014 through September 13, 2015 and the possible Jubilee would begin on September 14, 2015 through October 2, 2016.
Cahn points out the confluence of astronomical signs in the current Shemitah as well. The current Shemitah is associated with four blood moons, partial lunar eclipses, all of which fall on Jewish holidays. Additionally, there will be two solar eclipses. The first occurs exactly halfway through the Shemitah and the other on September 13, the last day of the Shemitah. Eclipses are often associated with judgment in the Bible.
Cahn makes no predictions about what to expect during the Shemitah and the possible Jubilee. As financial forecasts note, past performance is not indicative of future results. Nevertheless, the statistical correlation between the Shemitah and financial upheaval is a strong one. It may be worthy to note that shortly after the current Shemitah rang in, the stock market suffered a sharp downturn. At the same time, the US experienced a small panic over Ebola. What surprises does the rest of the Shemitah hold in store?