Displaying posts published in

2016

Americans won’t be paid for being American any more: David Goldman

Donald Trump argues that America’s problem is that it has sent its wealth overseas. Exactly the opposite is the case: America’s problem is that the world’s wealth came to America, and bought subprime mortgages. At the peak of the housing bubble America imported capital each year equivalent to 6% of GDP. Everyone from China’s central bank to Arab sovereign wealth funds to German provincial-government banks bought American mortgage debt until the housing bubble crashed. Virtually all of the world’s available savings came to the United States.

The world used to believe in the United States. America was the world’s only superpower back in the mid-2000s. The American consumer looked like a perpetual-motion machine. Housing prices had risen for fifty years in succession. American economic growth was steady. And American investment banks manufactured synthetic AAA-rated securities that paid more than banks’ cost of funds. They seemed safe as houses.

We saw the same thing in Southeast Asia in 1996 or Mexico, Argentina in 1999, Turkey in 2010 and countless other third-world economies: massive capital imports push up local asset values and make the locals feel rich, until the bubble pops. Americans watched their home prices appreciate by 10%-15% a year between 1996 and 2006. As money poured in (and the current account deficit widened) home prices rose.

Benjamin Netanyahu’s Staying Power By Aaron David Miller

Aaron David Miller is a vice president at the Woodrow Wilson Center for Scholars and most recently the author of “The End of Greatness: Why America Can’t Have (and Doesn’t Want) Another Great President.” He is on Twitter: @AaronDMiller2.

If elections were held today in Israel, the newspaper Haaretz reported recently, a single list of center-right candidates would edge out Prime Minister Benjamin Netanyahu’s coalition and usher in a more centrist one without his Likud Party that could govern with a comfortable majority. A more telling sign that Israelis are tiring of Mr. Netanyahu came in another new Haaretz poll, which found that 51% of Israelis believe that Mr. Netanyahu should “leave political life” rather than run again in the next scheduled election.

Despite this, the chances of Mr. Netanyahu leaving and major change coming in Israeli politics before scheduled elections in 2019 are not great. Here are four reasons why:

Mr. Netanyahu’s political longevity. Should he survive until 2018, Benjamin Netanyahu will be the longest-governing prime minister in Israel’s history, surpassing David Ben-Gurion. Critics of Mr. Netanyahu say that, rather like “Seinfeld,” his tenure has been a show about nothing. Yet he survives. His political wiles have established the perception that he is indeed prime minister material, with tested security credentials. And there is no single Israeli leader on the scene with the stature to challenge him.

The bad neighborhood. As the Middle East melts down, the value of a leader’s security credentials goes up. You might argue that Israelis would be looking for a leader with vision and principle to at least extract them from their conflict with the Palestinians, but there’s little faith these days in the peace process or in Mahmoud Abbas or the Palestinian Authority. Mr. Abbas is perceived as either acquiescing in the current wave of terror, unable to stop it, or using it as leverage. A compelling argument could be made that Mr. Netanyahu has been remarkably averse to risk and that he has not provided an answer to the wave of Palestinian stabbing and shooting attacks on Israelis since September or orchestrated a determinative defeat of Hamas in Gaza. Still, he has not blundered into quagmires or unnecessary or unwinnable wars either. CONTINUE AT SITE

U.S. Moves to Give Iran Limited Access to Dollars Proposal on sanctions relief comes amid rising criticism from Tehran By Jay Solomon

WASHINGTON—The Obama administration is preparing to give Iran limited access to U.S. dollars as part of looser sanctions on Tehran, according to congressional staff members and a former American official briefed on the plans.

The proposed move comes amid rising Iranian criticism that the landmark nuclear agreement reached last year between global powers and Tehran hasn’t provided the country with sufficient economic benefits.

Executives at European and Asian banks have said in recent interviews that they remain reluctant to conduct any financial transactions with Iran due to fears they might run afoul of the U.S. Treasury and its regulations that ban dollar dealings with Iranian firms. Most major international trade, particularly in oil and gas, is conducted in U.S. dollars.

The Treasury is considering how to issue licenses to offshore dollar clearing houses for specific Iranian financial institutions, an approach that wouldn’t require the involvement of American banks, according to the congressional officials. The clearing houses, likely involving select foreign banks, would conduct the dollar transactions instead, shielding the U.S. financial system from any direct contact with Iran, these officials said.

“They are looking at a couple mechanisms to allow for this dollar trade, stopping short of normalizing banking transactions,” said a congressional banking official briefed by the administration on its plans, which haven’t been finalized.

Treasury action on Iran’s access to the dollar wouldn’t require congressional approval.

American law still prohibits U.S. and foreign banks from dealing in dollars with Iran, despite the July nuclear agreement. The Treasury Department designates Iran’s entire financial system as a “primary money laundering concern” due to Tehran’s nuclear and missile programs and support for international terrorist groups, such as Hezbollah in Lebanon and Hamas in the Palestinian territories. CONTINUE AT SITE

ANOTHER WORTHY CAUSE TO SUPPORT ISRAEL C.H.I.P.

Western Civilization Heritage Israel Program (C.H.I.P) provides mainly non-Jewish middle-school-age children in the community the opportunity to gain direct knowledge of their heritage through tours to the State of Israel, affording them a deeper understanding of the origin of the monotheistic faiths, solidifying for them an ever-lasting impression of the Holy Land, and creating a special bond between them and the modern State of Israel.

Website: http://chipeducationaltours.org/

Facebook page: https://www.facebook.com/CHIP4Israel

Fundraising Campaign link: https://www.gofundme.com/C-H-I-P

Whitwell Middle School students & teachers: WHY any young person should go on C.H.I.P Program to Israel (3:00 minutes)

https://youtu.be/ZHYXpCYy9sY

Lori Lowenthal Marcus: Stop Whining: Arm Yourselves Against Anti-Israel (Campus and Other) Culture Here’s the slam-dunk tool to use on the next anti-Israel bully who spouts off about Israeli Apartheid or “the Occupation.”

It’s a problem. With so many anti-Israel events, professors and organizations on campuses, even American students who want to stand up for Israel far too often find themselves unable to do it.

Part of the problem is that the anti-Israel forces are buttressed by the mainstream media. Plus, the few professors who are not on the anti-Israel side are often unwilling or unable to devote the kind of energy spent by the other side.

And sadly, it is perceived as more hip to attack Israel and instead support the Palestinian Arabs who are always portrayed, willingly, as victims. All of this has led to misinformation replacing the truth as the primary narrative about the Middle East conflict. It seems overwhelming.

But the truth is that every single concerned student, parent and grandparent can make a huge difference in the current anti-Israel campus climate. And that difference can and should start by utilizing a special tool when the students are in high school and middle school, or even earlier.

Plus, that tool is absolutely free and completely accessible.

It’s called the Jewish Virtual Library. It’s vast, it’s constantly updating and expanding, and it has just about everything you could possibly want to know about – and know well – waiting right there for your fingertips to guide you.

Before getting into the details and background, here’s a real-life example of the way in which the JVL makes all the difference.

Restroom Follies : Edward Cline

The object of the boycott is not so much to protest the North Carolina law, as to punish anyone who does not conform to the “settled science” of à la carte gender identity.

The traditional source of the law of non-contradiction is Aristotle’s Metaphysics where he gives three different versions.

ontological: “It is impossible that the same thing belong and not belong to the same thing at the same time and in the same respect.” (1005b19-20)
psychological: “No one can believe that the same thing can (at the same time) be and not be.” (1005b23-24)
logical: “The most certain of all basic principles is that contradictory propositions are not true simultaneously.” (1011b13-14)

In short, A is A; A cannot be A and non-A (or B) at one and the same time.

Aristotle did not deal in traditions. Traditions are not a fundamental basis for establishing facts, politics, art, or even gender. Traditions are “time-honored” actions or beliefs, which may or may not be worthy of observation. But they are not philosophy.

In today’s culture, a culture that has more or less repudiated Aristotle in its government, in its culture, and even in “gender identification,” it is possible for transgenders, gays, and other identity-deficient individuals to believe that they can be one gender and not what they don’t want to be. This phenomenon is possible only in a culture of philosophical disintegration.

This writer was banned and all records of his past columns “archived” out of public sight on http://capitalismmagazine.com/ over an article he wrote and posted in June of 2015, “The Prancing Unicorn of Bruce Jenner.” The article criticized Bruce Jenner, who decided he was Caitlyn Jenner, a woman. He claims he is no longer a man. But when he undergoes the emasculating surgery that will enable him (and all his fans) to pretend he is a woman, in fact, he will still be a man, but now a eunuch. Neither the blog host nor many of the site’s readers, cared for that logic. As a consequence, I no longer post columns on the site, and no longer read it.

Logic is the art of non-contradictory identification. Ayn Rand, the novelist/philosopher wrote succinctly and eloquently on the subject:

All thinking is a process of identification and integration. Man perceives a blob of color; by integrating the evidence of his sight and his touch, he learns to identify it as a solid object; he learns to identify the object as a table; he learns that the table is made of wood; he learns that the wood consists of cells, that the cells consist of molecules, that the molecules consist of atoms. All through this process, the work of his mind consists of answers to a single question: What is it? His means to establish the truth of his answers is logic, and logic rests on the axiom that existence exists.

What Palestinians Think about the Knife Intifada Six months after the current wave of violence began, some observers think it might be running out of steam. But what next? Daniel Polisar

Is the “knife intifada” beginning to run out of steam? Some observers say so. Yet this Friday, April 1, marks an impressive half-year since the launch of the current wave of Palestinian violence. Characterized largely by stabbings carried out by youngsters, generally acting alone or in pairs, this round of attacks has already claimed the lives of 29 Israelis, two Americans, an Eritrean asylum seeker, and a Palestinian bystander, and caused more than 400 injuries.

During this time, according to official Israeli sources, there have been over 200 stabbings or attempted stabbings at an average pace greater than one per day, as well as 40 car-ramming assaults and 80 shootings. Though perpetrated almost exclusively by Palestinians living in Jerusalem and the West Bank, and focused largely on these areas, the attacks have also reached Israel’s coastal cities, most notably Tel Aviv. And though not yet nearly so long-running as the first (1987-1991) or second (2000-2004) intifadas, the current wave, given that it appears to be driven by individual initiative rather than by organized militant groups like Hamas or Fatah, has shown remarkable staying power.

What explains its endurance? One reason may be that the perpetrators both reflect and are largely motivated by Palestinian public opinion—a subject to which I devoted a comprehensive essayin Mosaic last November. Here I want to explore what has changed over the last six months in how Palestinians see their conflict with Israel, and especially the desirability and efficacy of resorting to violence. In doing so, I’ll rely principally on polls conducted during this period by three of the leading Palestinian polling institutes whose published results reliably indicate what Arabs in the West Bank and Gaza think.

The New Dark Ages on Campus How protestors, professors, and administrators are consciously working to destroy free thought and free expression at America’s universities

K.C.JOHNSONhttps://www.commentarymagazine.com/articles/new-dark-ages-campus/

As last fall’s wave of student protests arrived in Durham, North Carolina, a self-described “group of unaffiliated and concerned students” presented the “Demands of Black Voices.” The Duke University activists wanted “bias and diversity training” for many segments of the Duke community, a new university policy “concerning hate speech” toward “students of color,” a new administrator to address the complaints of students of color only, and permission for students of color to miss classes by citing “mental health trauma” from “racial incidents on campus.”

One demand stood out. “Professors,” the students wrote, “will be in danger of losing their jobs, and non-tenure track [sic] faculty will lose tenure status if they perpetuate hate speech that threatens the safety of students of color. They will also be liable if the discriminatory attitudes behind the speech could potentially harm the academic achievements of students of color.”

A university that dismisses professors whose “attitudes” could “potentially harm” the exam performance of preferred undergraduates has abandoned all pretense of academic freedom. Given how zealously professors normally defend the concept, one might have expected that Duke faculty members would have unanimously condemned the proposal. Instead, the only public reaction came via a statement signed by 23 Duke professors that hailed the students for “forcing us all to learn out loud.” The protesters’ incivility had overcome the “muting of sharply articulated criticism of white supremacy.” And the professors had a message for the students who recommended the dismissal of an unspecified number of their colleagues: “Thank you.”

Little in the professional experiences of the faculty signatories suggested a culture of “white supremacy” at Duke (or, for that matter, at any other contemporary college campus). The faculty statement was hosted on the website of Professor Mark Anthony Neal—who, in a fawning 2006 interview in the university’s official magazine, described his “intellectual alter ego” as “thugniggaintellectual,” who “comes into intellectual spaces like a thug, who literally is fearful and menacing,” producing “some real kind of ‘gangster’ scholarship…hard-core intellectual thuggery.” Signatures for the statement were solicited by Professor Wahneema Lubiano—who came to Duke, with a lifetime position, more than 15 years ago, touting two allegedly “forthcoming” books. To date, neither of these books, nor any other Lubiano manuscript, has appeared in print.

As it turns out, the students could have stayed home. In the name of promoting appropriate thinking on matters related to “diversity,” Duke had effectively implemented the protesters’ plan. Dean Valerie Ashby announced at a November 2015 forum that department chairs would be held “accountable” for inculcating the administration’s “values” among faculty in their departments. And “at every stage of their evaluation,” Ashby revealed, untenured professors learned “how we feel” on questions of race and gender. The message these faculty members received: “You can’t be a great scholar and be intolerant. You have to go.”

Stanford Activists Demand Its Next President Be Nonwhite and Female or Transgender Because a transgender white person would just not be “diverse” enough. By Katherine Timpf

An activist group at Stanford University is demanding that white people — as well as men of any race who are not transgender — be forbidden from being appointed as the school’s next president or provost.

“We demand that the next appointment to the position of president and provost of the University break both the legacy of white leadership and cisgender male leadership,” states a document that the group, called the “Who’s Teaching Us Coalition,” released on Tuesday.

Note that the students are demanding that “both” of these leadership legacies be dismantled — which means that neither a cis, black gay man nor a transgender white person would technically be “diverse” enough to qualify.

Among the other demands? “The development of recurring and comprehensive identity and cultural humility training to be instated as a requirement for all faculty in all departments by September 21st, 2017,” a “dedicated, responsive platform for reporting and tracking microaggressions from faculty” and “the hiring of at least 10 additional tenure-track ethnic studies professors and a commitment to the retention of these professors, prioritizing underrepresented groups within the ethnic studies programs.”

Oh, and of course, “adequate staffing and funding to achieve all of the aforementioned demands.”

According to an article in Campus Reform, the group released its demands after a draft of them was leaked by The Stanford Review, the school’s conservative newspaper.

In any case, it’s certainly a good thing that WTU released them sooner rather than later, because the document also demands “that the Administration immediately accept the aforementioned demands and that a statement of acceptance, a timetable of implementation of each demand, and an administrative point person for each demand, be presented to WTU at 3 pm on Friday April, 8th in open forum at the Native American Cultural Center.”

That’s next week, folks!

Welp. I guess they’d better get crackin!

Why Westerners Make Inviting Targets for Terrorists By Victor Davis Hanson

China has a long record of persecuting its Muslim minorities. Russia has brutally suppressed the separatist movement of the predominantly Muslim Chechens with bombing and shelling. Russian President Vladimir Putin ordered airstrikes against Syrian Muslims without much worry over collateral damage. India has zero tolerance for Islamic radicalism and hits back hard any time Muslim terrorists attack.

Given such severe backlash elsewhere, why do radical Islamists prefer to strike Europeans and Americans — from Paris and Brussels to Boston and San Bernardino?

No place has been more open to Muslim refugees than the United States and the European Union. Together they have accepted several million emigrants from the Middle East since the September 11, 2001, terrorist attacks on New York and Washington.

The EU and the U.S. lavish foreign-aid money on the Palestinians. America has offered a half-century of support to Jordan and Egypt. It is much easier to be a Muslim in Europe than a Christian in the Middle East.

Barack Obama started his presidency eager to win over the Muslim world. In a 2009 interview with Dubai-based TV news channel Al Arabiya, he emphasized that he has Muslim family members. Obama’s NASA director redefined the space agency’s “foremost” mission as Muslim outreach.

Obama has sought a closer relationship with Turkish president Recep Tayyip Erdogan despite Erdogan’s Islamization of Turkey’s shaky democracy. In contrast, Obama alienated Prime Minister Benjamin Netanyahu of Israel, the most steadfast friend America has in the Middle East.

Obama has publicly deferred to Muslim interests while abroad. He apologized to the Turkish parliament for a host of supposed past American sins — “some of our own darker periods in our history.” In symbolic fashion, Obama bowed to King Abdullah of Saudi Arabia. The president’s Cairo speech mythologized Islamic contributions throughout history and downplayed Western achievement.