As long as the U.S. is still "trading" and "funding" Israel along with several EU nations I don't see this having a huge impact. Heck, Chicago had their rating downgraded prior to the pandemic and literally used Fed gov't funds to bail out their backlog of bills.
immaterial. Unless USA crashes Israel has unlimited cash and weapons. They own every congress critter lock stock and barrel. Americans could be starving to death and they'd send the US wheat harvest to Israel.
Except Thomas Massie. A true maverick and indpendent thinker who retains his critical thinking skills, honesty, and decency. Unlike most, if not all politicians.
How about we decided to kill Nasrallah because we knew he and his leadership were going to gather around the television, order some pizza's, and have cherry coke in their headquarters basement to watch Netanyahu's address to the U.N.
So, the man wanted peace or some semblance of it and the Israeli's said no and killed him. That's a position that speaks of the abhorrent behavior of Israel amongst the civilized people.
Israel seems intent on national suicide. They may win the battle yet lose the war. Who wants to live in a tiny desert country that's hemmed in on all sides by those who hate you, and your only strategy is to increase the hatred by destroying everything around you with US bombs? Who wants to loan money to a country that's engaged in perpetual war that results in destruction of the country and those around it? A country whose main export is exploding pagers and radios?
The maintenance of Israel as a nation in the ME is an intractable problem for the US. The US will need to keep funneling dollars and bombs into Israel to maintain the status quo. Meanwhile, the US is broke, our arsenals of weapons are being drawn down at an alarming rate as we arm Ukraine, Taiwan, and Israel, and there's no money to use to rebuild US infrastructure. Will FL, GA, NC, and TN receive anything close to the $150B+ that the US has sent to Ukraine and Israel? That sort of money, properly used, can perform a lot of repairs and help a lot of suffering people.
There is NO solution to the problems of the ME that involve US force projection. When will we realize this and withdraw and leave Israel to its own devices? You'd think after the 23 year war on terror the US would realize that no one is one bit safer.
Let us hope people are becoming more aware that terrorism in the middle east is not just a one-sided Islamic effort, that it includes Israel and the United States and they will demand an end to our involvement. Again Israel is not our friend and is likely no one's friend becoming a pariah among civilized nations.
CNBC puts a positive spin on it, but the reality is the US is stepping in as buyer of last resort to make up for a shortfall in other foreign buyers. Most of the purchases are at the state and municipal level, which I suspect is to not attract undue attention that would follow if the Fed made those purchases directly.
This follows in the wake of the first time ever sale of foreign exchange to prop up the Shekel just 2 days after the attack by Hamas.
I raised this point as have others after the pager attack. Would you ever again trust a cell phone or pager made in Israel, or made under contract by a nation with friendly ties to Israel? This is going to be a big issue in terms of future sales of all sorts of electronic devices, especially at the corporate level. I can see China and India stepping in here to build devices with a guaranteed chain of custody to the final user, something which Israel obviously can no longer do. Besides being criminal, the attack was also supremely stupid as it will cause far more damage to their tech sector than any short-term gain it may have achieved, bearing in mind that you can only do it once.
As long as the U.S. is still "trading" and "funding" Israel along with several EU nations I don't see this having a huge impact. Heck, Chicago had their rating downgraded prior to the pandemic and literally used Fed gov't funds to bail out their backlog of bills.
immaterial. Unless USA crashes Israel has unlimited cash and weapons. They own every congress critter lock stock and barrel. Americans could be starving to death and they'd send the US wheat harvest to Israel.
Except Thomas Massie. A true maverick and indpendent thinker who retains his critical thinking skills, honesty, and decency. Unlike most, if not all politicians.
NBC, quoting an Israeli official:
"We have decided to kill Nasrallah after concluding that he will not agree to any solution that isn't tied to ending the war in Gaza."
How about we decided to kill Nasrallah because we knew he and his leadership were going to gather around the television, order some pizza's, and have cherry coke in their headquarters basement to watch Netanyahu's address to the U.N.
So, the man wanted peace or some semblance of it and the Israeli's said no and killed him. That's a position that speaks of the abhorrent behavior of Israel amongst the civilized people.
Israel seems intent on national suicide. They may win the battle yet lose the war. Who wants to live in a tiny desert country that's hemmed in on all sides by those who hate you, and your only strategy is to increase the hatred by destroying everything around you with US bombs? Who wants to loan money to a country that's engaged in perpetual war that results in destruction of the country and those around it? A country whose main export is exploding pagers and radios?
The maintenance of Israel as a nation in the ME is an intractable problem for the US. The US will need to keep funneling dollars and bombs into Israel to maintain the status quo. Meanwhile, the US is broke, our arsenals of weapons are being drawn down at an alarming rate as we arm Ukraine, Taiwan, and Israel, and there's no money to use to rebuild US infrastructure. Will FL, GA, NC, and TN receive anything close to the $150B+ that the US has sent to Ukraine and Israel? That sort of money, properly used, can perform a lot of repairs and help a lot of suffering people.
There is NO solution to the problems of the ME that involve US force projection. When will we realize this and withdraw and leave Israel to its own devices? You'd think after the 23 year war on terror the US would realize that no one is one bit safer.
Sooner or later people in the US will catch on. More and more are catching on.
You forgot to mention--ruled by racial fanatics posing as a religion.
Let us hope people are becoming more aware that terrorism in the middle east is not just a one-sided Islamic effort, that it includes Israel and the United States and they will demand an end to our involvement. Again Israel is not our friend and is likely no one's friend becoming a pariah among civilized nations.
There's a subtext here that isn't mentioned. Perhaps it's in the original report?
https://www.cnbc.com/2023/11/08/massive-surge-in-the-buying-of-israel-bonds-from-the-united-states.html
CNBC puts a positive spin on it, but the reality is the US is stepping in as buyer of last resort to make up for a shortfall in other foreign buyers. Most of the purchases are at the state and municipal level, which I suspect is to not attract undue attention that would follow if the Fed made those purchases directly.
This follows in the wake of the first time ever sale of foreign exchange to prop up the Shekel just 2 days after the attack by Hamas.
https://www.aljazeera.com/economy/2023/10/9/bank-of-israel-to-sell-30bn-of-forex-after-shekel-falls
Then there's the problem of capital flight
https://jewishbusinessnews.com/2024/06/18/israels-capital-flight-and-its-economic-implications-55-drop-in-foreign-investment-q1-2024/
I raised this point as have others after the pager attack. Would you ever again trust a cell phone or pager made in Israel, or made under contract by a nation with friendly ties to Israel? This is going to be a big issue in terms of future sales of all sorts of electronic devices, especially at the corporate level. I can see China and India stepping in here to build devices with a guaranteed chain of custody to the final user, something which Israel obviously can no longer do. Besides being criminal, the attack was also supremely stupid as it will cause far more damage to their tech sector than any short-term gain it may have achieved, bearing in mind that you can only do it once.
Thank you...good intel
I’ve downgraded israel to “Bba” status (Buy-nothing, believe-nothing, avoid-everything”).
is that the same as bibby status?