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September 2019

Medical Device Company Baxter Acquires Cheetah Medical for $190 Million

tps://www.calcalistech.com/ctech/articles/0,7340,L-3770130,00.html

Founded in 2000, Cheetah Medical develops and provides non-invasive fluid management monitoring systems for use in critical care, operating rooms, and emergency rooms

New York-listed medical device company Baxter International Inc. has entered an agreement to acquire Boston and Tel Aviv-headquartered Cheetah Medical Inc. for $190 million in cash, with potential for an additional $40 million based on certain milestones.,  The acquisition is expected to close in the fourth quarter of 2019, subject to customary closing conditions.

Founded in 2000, Cheetah Medical develops and provides non-invasive fluid management monitoring systems for use in critical care, operating rooms, and emergency rooms. Cheetah Medical’s fluid management systems are currently in use in 400 hospitals throughout the U.S. and in 30 countries worldwide, according to company statements. The company employs a team of approximately 120 employees according to LinkedIn, in its Tel Avivian research and development center, and in offices in Boston, Vancouver, Washington, and the U.K. Prior to the acquisition, Cheetah Medical had raised $117 million, according to Pitchbook data. 

JUSTICE ROBERT AND THE DEBATE

Washington (CNN)Chief Justice John Roberts cast the deciding vote against President Donald Trump’s attempt to add a citizenship question to the 2020 census, but only after changing his position behind the scenes, sources familiar with the private Supreme Court deliberations tell CNN. 

https://www.cnn.com/2019/09/12/politics/john-roberts-census-citizenship-supreme-court/index.html

The case was fraught with political consequences. Democrats and civil rights advocates claimed the query would discourage responses to the decennial questionnaire from new immigrants and minorities and affect the balance of power nationwide. 

Roberts’ action recalled his dramatic switch in the 2012 case that saved President Barack Obama’s Affordable Care Act. Once again, the chief, an appointee of President George W. Bush and a reliable conservative, had sided with the liberals as a dispute of immense national significance went down to the wire. 

More broadly, his moves in the census dispute demonstrate that as he begins his 15th year as chief justice, Roberts has become less predictable.

https://www.foxnews.com/opinion/doug-schoen-at-third-dem-debate-one-big-winner-and-two-surprise-losers

At third Dem debate, one big winner and two surprise losers

Doug Schoen, FoxNews.com

In the most contentious Democratic debate thus far, a winnowed field of 10 Democratic candidates took the stage in Houston Thursday night and sparred over hot-button issues such as health care and immigration.

Notably, this was the first time that frontrunners Sen. Elizabeth Warren and former Vice President Joe Biden shared the debate stage. At the end of the night, Joe Biden emerged as the winner and Warren and Sen. Bernie Sanders were the surprise losers.

The British Financial Times praises Israel’s economy Ambassador (Ret.) Yoram Ettinger

https://bit.ly/2lUpinG

According to the British daily Financial Times (August 28, 2019), the Israeli shekel ranks as the best performing currency against the US dollar among 31 major currencies tracked by Bloomberg, up almost 6%, as fund managers have sought refuge from global economic turmoil.  The shekel had strengthen thanks to Israel’s perceived status as an emerging markets’ safe haven and improved economic fundamentals such as:

*A long term expansion in employment;
*Current account surpluses;
*A fall in the Debt-to-GDP ratio under a 16-year-old fiscal stabilization program;
*Bank of Israel raised interest rate once since 2011, allowing it to hover near zero (0.25%) for years, as the economy reaches near full-employment.

The British daily quotes Win Thin, Head of Currency strategy at New York’s Brown Brothers Harriman: “Israel is one of the best of the lot among emerging markets.  It is stable and away from the fray of the trade wars. It has just been a good solid story.”

The Financial Times adds: “The haven status appears to be decoupled from political instability, including growing tensions with Iran; air and drone strikes attributed to the Israeli military in Syria, Lebanon and Iraq; inconclusive elections last April, and the possibility of Prime Minister Netanyahu facing indictment for alleged bribery and fraud.

Teaching That America Is Hopelessly Racist By Peter Wood

https://www.mindingthecampus.org/2019/09/09/teaching-that-america-is-hopelessly-racist/

Peter Wood is president of the National Association of Scholars and author of “Diversity: the Invention of a Concept.”

Many more college students have read Ta-Nehisi Coates’ anti-white screed Between the World and Me (2015) than have read, say, works by the Nobel economist Robert Fogel, Time on the Cross: The Economics of American Slavery (1974) or Without Consent or Contract: The Rise and Fall of American Slavery (1989). I can say that with some confidence. The Open Syllabus Project finds Coates’ book assigned in 783 courses. Fogel’s Time on the Cross is assigned in 22 courses and his Without Consent or Contract in 156 courses. Moreover, Coates’ book is now the second most-assigned book in the country in college summer reading programs.

Coates treats slavery as an institution that was never truly abolished. It continues as the pervasive racism of American society. This rhetorical flourish sells a lot of books today. Fogel, the economic historian, takes on slavery as an appallingly real institution and brings intellectual heft to the task of explaining it.

That contrast is all the more important in light of The New York Times’ plunge into re-educating all Americans about our history through the lens of African American slavery. The Times launched its 1619 Project on August 18 to a great deal of fanfare. 1619 is the year that the first black African slaves landed at Jamestown. It is a noteworthy date, but not quite what the beginning of slavery in the New World or in what would become the United States. The Spanish had brought African slaves long before. And we have at least one account by an early Spanish soldier, Cabeza de Vaca, who was captured and enslaved by Native Americans in the South in the 1520s. Slavery was an indigenous American institution long before Europeans got here.

Be that as it may, the Times wants to reimagine the European version of America as founded on slavery and stained in every possible way by the continuing effects of slavery. This is a political project more than a historical one. Its unacknowledged goal is to taint all opposition to progressive political goals as rooted in the perpetuation of oppression, and perhaps to delegitimize America itself.

Pseudo-science, the Bible and human freedom David Goldman

https://www.asiatimes.com/2019/09/opinion/pseudo-science-the-bible-and-human-freedom/

Scientists are confused about every foundational problem in physics and biology. The more confused they get, the more prevalent the notion becomes that the human brain is just another machine and human consciousness is a byproduct of electromagnetic effluvia. Never mind that we don’t know what an electron is, let alone an atom, not to mention a molecule, and we don’t know why such things interact with each other.

The trouble is that people want to believe that their thoughts and impulses are determined by something other than their own judgment. The popularity of scientific determinism has jumped while the explanatory power of science has bumped up against its own limitations, whether acknowledged or not. The irony is that our longing for determinism has nothing to do with science as such. On the contrary, the popularity of scientific determinism has grown along with obviously pre-scientific kinds of determinism, notably astrology, which is enjoying a revival among millennials. These considerations came to mind reading Scott Shay’s book In Good Faith, which contrasts the claims of biblical religion to the old idolatry of the pagan world and its contemporary avatars.

Shay observes, “The Bible assumes human beings have the ability to make moral choices. But today, many scientists, particularly neuroscientists, have begun to question the idea that man possesses any such things as ‘free will.’ The Bible takes for granted that man knows the difference between good and evil, even if we are tempted to deceive ourselves. Scientists, in contrast, are not so certain. In the book Free Will, Sam Harris takes the position that free will is illusory. At the same time, he recognizes, as do other neuroscientists, that as humans we can consciously deliberate and make choices. So what is the current debate on free will all about?” The full-credit answer requires reading his book. Below are a few pointers.

Bibi’s incumbency (dis)advantage Ruthie Blum

https://www.jpost.com/Opinion/Bibis-incumbency-disadvantage-601547

Having a proven record in office is not always a good thing for a politician, as it opens him up to all kinds of criticism, some legitimate.

Nothing better illustrates the candidates’ hysteria in the run-up to next week’s Knesset election than the amount of coverage devoted to Israeli Prime Minister Benjamin Netanyahu’s behavior during a rocket attack on Tuesday evening.

While the incumbent PM was about to deliver a pep talk to his supporters at a Likud campaign gathering in Ashdod, a red-alert siren began to blare, indicating that projectiles were on the way to the immediate vicinity. Though a familiar sound to Israelis, particularly in the South, the rise and fall of the air-raid siren always causes panic. The prospect of being hit by a missile will do that.  As a result, many of the people in attendance began to shriek and run a bit wild. Netanyahu’s security detail immediately tried to whisk him off the stage to safety. But he did not rush.       

In a cool and collected manner, he paused to instruct the crowd to keep calm and slowly make their way to the nearest bomb shelter. Only then did he allow his guards to escort him off the premises. The IDF subsequently reported that two rockets launched by terrorists in Gaza were intercepted by the Iron Dome defense system.

When the incident was over, Netanyahu returned to the podium to resume the rally.

Iranian Tanker Fiasco Exposes Britain’s Muddled Thinking by Con Coughlin

https://www.gatestoneinstitute.org/14877/iran-britain-shipping-seizure

The ensuing diplomatic stand-off between London and Tehran eventually resulted in Britain agreeing to release the Grace One, but only after the British authorities received written assurances from Iran that the oil would not be delivered to Syria.

Now it appears that Iran has deliberately misled the British government about its intentions after satellite photographs revealed the ship, which has now been renamed the Adrian Darya 1, is in Syria, where its $130 million oil cargo has been handed over to the Assad regime.

“Anyone who said the Adrian Darya-1 wasn’t headed to #Syria is in denial. Tehran thinks it’s more important to fund the murderous Assad regime than provide for its own people. We can talk, but #Iran’s not getting any sanctions relief until it stops lying and spreading terror!” — Ambassador John Bolton, then US National Security Advisor, September 7, 2019.

The sorry saga of the Iranian oil tanker that was originally seized by Britain before making its way to Syria to unload its cargo in breach of EU sanctions highlights the confusion that lies at the heart of the British government’s policy towards Tehran.

The Iranian-registered tanker, which at the time sailed under the name Grace One, was seized by British Royal Marines in early July off the coast of Gibraltar on suspicion that it was delivering its cargo of 2.1 million barrels of oil to Syria, a clear violation of EU sanctions that are in place against the regime of Syrian dictator Bashar al-Assad.

Iran responded two weeks later by seizing the British-registered tanker Stena Impero as it passed through the Strait of Hormuz, thereby causing deep embarrassment for the government of then British Prime Minister Theresa May, which had failed to put adequate measures in place to protect British shipping from any act of Iranian retaliation.

The ensuing diplomatic stand-off between London and Tehran eventually resulted in Britain agreeing to release the Grace One, but only after the British authorities received written assurances from Iran that the oil would not be delivered to Syria.

Now it appears that Iran has deliberately misled the British government about its intentions after satellite photographs revealed the ship, which has now been renamed the Adrian Darya 1, is in Syria, where its $130 million oil cargo has been handed over to the Assad regime.

The Intelligence Community Works for the President Losing democratic control over the intelligence community would be the end of self-government. Adam Mill

https://amgreatness.com/2019/09/12/the-intelligence-community-works-for-the-president/

It’s simply hard to know where to begin to respond to the staggering chutzpah of Jennifer Rubin’s recent Washington Post opinion column accusing the president of undermining our intelligence community.

Rubin used the recent leak regarding the exfiltration (a fancy word for “removal”) of an undercover “asset” in Russia as a hook to make the case that the president is somehow responsible for outing this source and therefore harming U.S. interests. Her column is an example of the backward view elite leftists have towards democracy and the Constitution. These elites, in desperate need of a remedial civics class, have convinced themselves that our elected president must learn to take orders from the intelligence community.

Here is a partial inventory of what is demonstrably wrong with Rubin’s piece:

President Trump is not responsible for outing the secret CIA mole.

Rubin relied on this badly sourced story from CNN, which reported, “The removal [of the mole] happened at a time of wide concern in the intelligence community about mishandling of intelligence by Trump and his administration. Those concerns were described to CNN by five sources who served in the Trump administration, intelligence agencies and Congress.”

When you read CNN is using a former intelligence official as a source, there’s a good chance it’s using one of its own paid get-Trump contributors.

No, Conservatives Shouldn’t Make Environmental Policy a Priority Julie Kelly

https://amgreatness.com/2019/09/12/no-conservatives-shouldnt-make-environmental-policy-a-priority-now/

Americans finally are getting a close look at what a future controlled by climate freaks would really look like—and they are justifiably alarmed.

As I wrote earlier this week, the Democratic Party is accomplishing what the Republican Party—conservatives in particular—failed to do for more than two decades: Exposing the general public to the radical, authoritarian, and wholly unrealistic agenda lurking behind the facade of the climate change movement.

The Green New Deal betrayed the climate crusade’s outlandish demands in its starkest, darkest terms yet, and a seven-hour climate change “town hall” on CNN this month featured Democratic presidential hopefuls promising everything from abortion and plastic straw bans to government-ordered veganism as solutions to halt supposed climate change. Democratic candidates promise to become more dystopian on this issue as they head into the heart of the 2020 campaign season.

So, presented with this gift, it is no time for Republicans and conservatives to take the boot off the throat of the collective climate propaganda machine.

That’s why I have a quibble with my publisher and pal, Chris Buskirk, over his recent missive encouraging conservatives to put environmental policy toward the top of our to-do list: “We’ve avoided making the environment a political priority for decades and the country is worse for it,” Buskirk wrote. “Conservatives should embrace this issue. It’s a chance to do good and to do well.”

In another time, I might partially agree with Buskirk’s sentiment. But not at this political moment.

Take Two Aspirin and Call Me by My Pronouns At ‘woke’ medical schools, curricula are increasingly focused on social justice rather than treating illness. By Stanley Goldfarb ******

https://www.wsj.com/articles/take-two-aspirin-and-call-me-by-my-pronouns-11568325291

The American College of Physicians says its mission is to promote the “quality and effectiveness of health care,” but it’s stepped out of its lane recently with sweeping statements on gun control. And that isn’t the only recent foray into politics by medical professionals. During my term as associate dean of curriculum at the University of Pennsylvania’s medical school, I was chastised by a faculty member for not including a program on climate change in the course of study. As the Journal reported last month, such programs are spreading across medical schools nationwide.

Why have medical schools become a target for inculcating social policy when the stated purpose of medical education since Hippocrates has been to develop individuals who know how to cure patients?

A new wave of educational specialists is increasingly influencing medical education. They emphasize “social justice” that relates to health care only tangentially. This approach is the result of a progressive mind-set that abhors hierarchy of any kind and the social elitism associated with the medical profession in particular.

These educators focus on eliminating health disparities and ensuring that the next generation of physicians is well-equipped to deal with cultural diversity, which are worthwhile goals. But teaching these issues is coming at the expense of rigorous training in medical science. The prospect of this “new,” politicized medical education should worry all Americans.