The Party for the War against Banks
Encyclopedia
Koah HaKesef formerly known as The Party for the War against Banks or HaLev (Hebrew: הלב) is a minor political party
in Israel. Their goal is to reduce damages that the bank
s are causing to the public by legislation.
im. 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.
Political party
A political party is a political organization that typically seeks to influence government policy, usually by nominating their own candidates and trying to seat them in political office. Parties participate in electoral campaigns, educational outreach or protest actions...
in Israel. Their goal is to reduce damages that the bank
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
s are causing to the public by legislation.
History
The party was established as the Settlement Party in 1996 following economic crises in many kibbutzKibbutz
A kibbutz is a collective community in Israel that was traditionally based on agriculture. Today, farming has been partly supplanted by other economic branches, including industrial plants and high-tech enterprises. Kibbutzim began as utopian communities, a combination of socialism and Zionism...
im. However, following a deal signed in the same year between the government
Cabinet of Israel
The Cabinet of Israel is a formal body composed of government officials called ministers, chosen and led by the Prime Minister. The Prime Minister must appoint members based on the distribution of votes to political parties during legislative elections, and its composition must be approved by a...
, the Kibbutz Movement
Kibbutz Movement
The Kibbutz Movement is the largest settlement movement for kibbutzim in Israel. It was formed in 1999 by a partial merger of the United Kibbutz Movement and Kibbutz Artzi.-United 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
Israel legislative election, 2006
Elections for the 17th Knesset were held in Israel on 28 March 2006. The voting resulted in a plurality of seats for the then-new Kadima party, followed by the Labour Party, and a major loss for the Likud party....
, 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
Israeli legislative election, 2009
Elections for the 18th Knesset were held in Israel on 10 February 2009. These elections became necessary due to the resignation of Prime Minister Ehud Olmert as leader of the Kadima party, and the failure of his successor, Tzipi Livni, to form a coalition government...
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.