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January 10, 1992 - Image 9

Resource type:
Text
Publication:
The Detroit Jewish News, 1992-01-10

Disclaimer: Computer generated plain text may have errors. Read more about this.

NEWS 1

Attention Small Business
And Practice Owners:

You Can

Shamir, Peres
Election Talks

Jerusalem (JTA) — A rare
private meeting between
Prime Minister Yitzhak
Shamir and Labor Party
leader Shimon Peres has
sparked renewed specula-
tion about the prospects of
early elections in Israel.
Mr. Shamir said that Mr.
Peres had sought the discus-
sion, which dealt with
"parliamentary matters on
which we are not necessarily
divided."
The initial interpretation
was that the two leaders had
discussed raising the
minimum electoral support
a party must receive to win
its first Knesset seat. This
would naturally cut down on
the number of tiny parties,
forcing them to amalgamate
before the election.
The threshold now stands
at 1.5 percent of the votes
cast, after being raised re-
cently from the traditional 1
percent cutoff in place
through the 1988 elections.
But the Labor-linked
newspaper Davar reported
in a banner headline that
the two major parties were
already discreetly negotia-
ting a date for early elec-
tions.
Likud reportedly prefers a
date in the late spring, while
Labor — which has schedul-
ed its first-ever primaries for
February and April — does
not want general elections
before early summer.
The leaders of the two par-
ties have been at least
apprised in the ongoing
discussion, if not directly in-
volved, according to the
Davar report.
Given the fragmented
state of Knesset politics in
general, political observers
see little chance of elections
before the statutory
November deadline, without
the cooperation of the two
major parties.
Early elections can only be
called by a Knesset vote, and
the small parties would like-
ly prove as difficult to corral
as they did in last week's
budget vote.
Meanwhile, the Knesset
braced for a second long
night of debate on electoral
reform, with hours of
debating already concluded
and a long list of speakers
still unheard.
The reform bill, up for its
second and third readings,
would institute direct elec-
tions for the prime minister
and make it more difficult
for the Knesset to topple the
government with a no-
confidence measure.

BE A BIC
FISH.

It's easy to get your bank's undivided
attention—if your business or practice is the
size of a great white shark. Smaller com-
panies may be left to flounder on the hook.
Come to a bank that values your
business, even if you're not "Jaws".
Franklin Bank's Commercial Checking
account has all the angles you need.
Corporate vehicle financing, payroll services,
and the lowest cost commercial checking ac-
count in town.

And most important—to us you're a big
fish. You'll get big attention, big service, and
the President's phone number. If your big
bank is treating you like small fry, call
Franklin Bank today. Being a big fish is a lot
more fun.
To find out more about Franklin Bank's
corporate services, contact Daniel B.
Whitcomb, Franklin Business Development
Representative at 358-5170.

Franklin
Bank

N.A.

Large enough to serve. Small enough to care.

358-5170

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THE DETROIT JEWISH NEWS

9

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