Koah HaKesef

Koah HaKesef (Hebrew: כוח הכסף‎, lit. Power of Money), formerly known as The Party for the War against Banks (Hebrew: המפלגה למלחמה בבנקים‎, HaMiflaga LeMilhama BeBankim) or HaLev (Hebrew: הלב) is a minor political party in Israel. Their goal is to reduce damages that the banks are causing to the public by legislation.

History

The party was established as the Settlement Party (Hebrew: מפלגת ההתיישבות‎, Miflaget HaHityasvut) in 1996 following economic crises in many kibbutzim. However, following a deal signed in the same year between the government, the Kibbutz Movement and the banks, the party's activity was ceased.

In 2006 the party was re-established again, and decided to run in the elections that year, claiming that the banks were causing poverty, and exploitatiing citizens. However, they won only 2,163 votes (0.07%), well below the electoral threshold of 2%. In the 2009 elections they again failed to pass the threshold.

Ideology

• Minimization of the damages that the banks are causing to the public by legislation.
• Interested to allow the citizens to sue the banks.
• Demand to change in the economic policy, so it will be for the good of the state and not for the good of the banks.
• Support anchoring "cooling off period" law that civil servants, who dealt with financial affairs, will not be allowed to work in banks for at least ten years.

External links

• Official website (Hebrew) (Russian)