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Could ‘Paliwood’ blood libels lead to Israel’s annihilation?

Written on . Posted in PT Middle East.

In this week’s “Middle East News Hour,” Caroline Glick is joined by Amnon Lord, senior columnist at Israel Hayom and one of Israel’s foremost experts on the Israeli left. Caroline and Amnon discuss the Palestinian and international community’s use of blood libels to demonize Israel and legitimize the mass murder of Jews, in the context of the death of Al Jazeera reporter Shireen Abu Akleh in Jenin last week.

Although it is beginning to appear that Abu Akleh was killed by Palestinians, as Glick puts it, “That’s no matter. Israel is being blamed internationally by the United States, the United Nations, Egypt—by the media all over the place.”

“Behold, He who keeps Israel Shall neither slumber nor sleep.”

She says it reminds her of the Muhammad al-Durrah incident in September 2000, which served as a catalyst for the Second Intifada.

Al-Durrah was a 12-year-old Palestinian boy who, like Abu Akleh, was killed during an exchange of fire between Israeli soldiers and Palestinian terrorists. A snippet of footage shared by a French videographer made it appear as though Israeli forces had intentionally murdered the boy. However, it emerged upon investigation that the fatal bullet had not come from an Israeli weapon.

“I don’t want to commit myself to say that the Palestinian intentionally shot the child because they wanted the picture,” says Lord. “But at least it can be said quite confidently that neither Israel nor the IDF soldiers fired the bullets.”

But just as in the case of Abu Akleh, it didn’t matter.

Glick and Lord also discuss how Abu Akleh’s death could spawn even more of an upsurge of terror if used strategically by the Palestinians.

Read More @ JNS HERE

Bernanke says the Fed’s slow response to inflation ‘was a mistake’

Written on . Posted in PT Global Economy.

Assessment: That from the Federal Reserve Chairman who began massive printing money in the 2008-9 financial crisis …

  • Former Fed Chairman Ben Bernanke said the central bank erred in waiting to address inflation.
  • “One of the reasons was that they wanted not to shock the market,” he told CNBC’s Andrew Ross Sorkin.
  • Bernanke spoke a day ahead of his latest book release, which addresses Fed policy moves during the 21st century.

Former Federal Reserve Chairman Ben Bernanke said the central bank erred in waiting to address an inflation problem that has turned into the worst episode since the early 1980s.

Bernanke, who guided the Fed through the financial crisis that exploded in 2008 and presided over unprecedented monetary policy expansion, told CNBC that the issue of when action should have been taken to tame inflation is “complicated.”

“For the LORD your God will bless you just as He promised you; you shall lend to many nations, but you shall not borrow; you shall reign over many nations, but they shall not reign over you.’ Deut. 15:6

Ben Bernanke vs. Milton Friedman | RealClearPolicy

“The question is why did they delay that. … Why did they delay their response? I think in retrospect, yes, it was a mistake,” he told CNBC’s Andrew Ross Sorkin in an interview that aired during Monday’s “Squawk Box” show. “And I think they agree it was a mistake.”

Like the Bernanke Fed, the Jerome Powell-led central bank was called on to take aggressive action when the Covid pandemic hit in March 2020. Much of the response was patterned after the financial crisis moves, but to an even larger degree.

It kept that historically loose policy in place well after the economy recovered from the crisis.

Read More @ CNBC HERE