In my former life I was a trustee on a pension plan. Previous administrations had obligated us to hold Israeli bonds at a certain percentage of fund balance. They paid nothing. It was political statement. In lean times when when administration called for reducing pension payouts, the trustees responded by pointing out a political statement was causing adverse effects, we triumphed, but it amazes me, we still we underwrite this stuff to our own detriment.
I’m not surprised. Shows where the elites priority is, and it’s not the U.S. citizens.
Other strange facts that came up recently:
1. On that Hamas Pier insanity:
Q: Does the DoD anticipate that Hamas will try to fire on them, on the operation (inaudible)? GEN. RYDER: Look, I mean, that's certainly a risk, again, but if Hamas truly does care about the Palestinian people, then again, one would hope that this international mission to deliver aid to people who need it would be able to happen
Regarding the most recent cockamamie idea of a “floating pier,” to ensure that aid falling from the sky be delivered unhindered to the Palestinians, it might be wise to equip them with bulletproof wetsuits first. Another sign our leaders are completely unhinged, amoral and criminal.
People forget about TARP and 2008 when the US bailed out the whole globe. The Fed and it’s underlings holding toxic assets is nothing surprising, its an extension of foreign policy.
The problem now is they have no leverage over Iran and Israel is in a precarious place. If the Neocons continue they way they’re going they’ll kill the golden goose. It’s telling big wigs are pulling out of the stock market.
If Congress won't pass a Ukraine Slush-fund allotment tied with Israeli War and US Border funding, this bond-guarantee is as good as free, 'er, I mean War Funding done by the Executive Branch. Any doubt Ms. Goofy-hair, I mean Former Fed Pres chick, follows this country's leaders' orders? (Well known Biden isn't intelligent enough, let alone presently able, to think of this so it's the Mysterious Cabal at work, of course). Long winded I am, I confess. But the point is simple - why bother with US Constitutional financial rules anymore? Best to all, (WrH)
In my former life I was a trustee on a pension plan. Previous administrations had obligated us to hold Israeli bonds at a certain percentage of fund balance. They paid nothing. It was political statement. In lean times when when administration called for reducing pension payouts, the trustees responded by pointing out a political statement was causing adverse effects, we triumphed, but it amazes me, we still we underwrite this stuff to our own detriment.
Thanks for that info. IOW, you were required to violate what, ordinarily, would be considered a fiduciary duty.
Exactly, fortunately we were able to get rid of it. For the betterment of mankind, and my pension.
Israel 30yr bond is a bit of a gamble...
I’m not surprised. Shows where the elites priority is, and it’s not the U.S. citizens.
Other strange facts that came up recently:
1. On that Hamas Pier insanity:
Q: Does the DoD anticipate that Hamas will try to fire on them, on the operation (inaudible)? GEN. RYDER: Look, I mean, that's certainly a risk, again, but if Hamas truly does care about the Palestinian people, then again, one would hope that this international mission to deliver aid to people who need it would be able to happen
unhindered.
https://instapundit.com/636302/
2. I wonder how the labor need influences politics, plus there has been a lot of Gov. regulation creating Big Ag since Johnson.
https://www.zerohedge.com/markets/shadowy-network-how-ngo-supplies-mega-corporations-migrants-exploit-cheap-labor
3. How The GOP Committed Suicide Trying to Stop Trump
https://www.emerald.tv/p/how-the-gop-committed-suicide-trying-70f
I’m still livid over no Trump recess appointments due to GOP collusion. All it would have taken is 1 Senator…
Regarding the most recent cockamamie idea of a “floating pier,” to ensure that aid falling from the sky be delivered unhindered to the Palestinians, it might be wise to equip them with bulletproof wetsuits first. Another sign our leaders are completely unhinged, amoral and criminal.
People forget about TARP and 2008 when the US bailed out the whole globe. The Fed and it’s underlings holding toxic assets is nothing surprising, its an extension of foreign policy.
The problem now is they have no leverage over Iran and Israel is in a precarious place. If the Neocons continue they way they’re going they’ll kill the golden goose. It’s telling big wigs are pulling out of the stock market.
Our politicians benefit by not being targeted by AIPAC, and labeled as anti semitic.
If Congress won't pass a Ukraine Slush-fund allotment tied with Israeli War and US Border funding, this bond-guarantee is as good as free, 'er, I mean War Funding done by the Executive Branch. Any doubt Ms. Goofy-hair, I mean Former Fed Pres chick, follows this country's leaders' orders? (Well known Biden isn't intelligent enough, let alone presently able, to think of this so it's the Mysterious Cabal at work, of course). Long winded I am, I confess. But the point is simple - why bother with US Constitutional financial rules anymore? Best to all, (WrH)
https://en.wikipedia.org/wiki/Gary_Gensler
Think I saw Goldman Sachs written somewhere.
Because our government is paid to do it? Because our government is staffed by ideologues who don't work for we the people? I'm struggling with this.
Alex Krainer, having educated us to think in terms of collateral, might say that the USA is the collateral backing the Israeli state.
Following on from that, the question arises, if that is the case, the owner of said collateral would be ... Israel?