Wednesday, February 28, 2018

Lynn Says. Delta - Flaming Liberal Airline. Rice Not Even Thrown At Weddings. Prefer Bolton The Realist. Iran Expands Military Presence. Interview.


Anxious to be a white minority? Already are: https://youtu.be/aPm0NKcBZcY
+++++++++++++++++++++++++++++
https://www.facebook.com/tmw798589/videos/2183218068574343/

When life is running ahead of our ability to catch it maybe we need to slow down.  Lynn always says I focus on the destination and lose sight of the journey.
++++++++++++++++++++++++++++++++++++++++ 
The NYSE firm I was a general partner in, Courts and Company, was headquartered in Atlanta, was the largest Southern based firm at the time  and was the investment banker  of Delta.  Richard W Courts was my senior founding partner and would turn over in his grave if he saw Delta today. Perhaps C.E Wolman, the airline's founder, would as well. (See 1 below.)
++++++++++++++++++++++++++++
Playing footsie with Russia and Assad in Syria is a fool's game.

As for Rice, it is so out of date  they do not throw it at weddings any more.

I prefer Bolton's realism. (See 2 below.)
+++++++++++++++++++++++++ 
Value investing has been out of style for quite sometime.  I believe it is ready to make a comeback of sorts because momentum investing has driven stocks to valuation levels that are fairly rich.  Time will tell if I am right.

As long as the world economies continue upward, and linked,  a modest rise in interests rates will eventually be seen as confirmation of a strong economy which can sustain for a while longer as well.
+++++++++++++++++++++
Iran expanding its military presence in Syria. (See 3 below.)
+++++++++++++++++++
Comment from a close friend and fellow memo reader regarding my previous comment about  William Buckley: "Hi Dick: In 1965, my wife (then girlfriend) and I went to a debate at Tufts University between BU Professor Howard Zinn and William F. Buckley.  Initially, the crowd of students and faculty were enthusiastically behind Zinn.  After about 10 minutes into the debate, Buckley, in his inimitable intellectual style began to destroy Zinn. Point by point by point, this hero of the left Zinn began to wither.  Buckley left the 
auditorium to a standing ovation.

Many years later, I had the pleasure of a long conversation with Mr. Buckley. It was 1980, and we
both involved in presidential campaigns. When I reminded him of the Zinn encounter, he smiled broadly
asking, “were you there?”  I said yes…it was a most delightful evening at Tufts. He continued to smile.

L----"
+++++++++++++++++++++++++++++++++++++
This is an interview with Dr. Jordan Peterson a Canadian Psychology Professor.  It is very eye opening.  http://video.foxnews.com/v/5741003775001/?#sp=show-clips

If Congress fails to move forward in a rational manner regarding some reasonable response to the Florida assassinations it's relevance will sink even lower, if that is possible,  and that is dangerous for all.
++++++++++++++++++++++++++++
Dick
_______________
1) Delta Has 40 Million Reasons to Walk Back Its NRA Rejection

 By Erick Erickson

Delta has chosen to side with social justice warriors against its shareholders and its own financial well being.










Delta has spent a great deal of time siding with left wing social justice warriors in Georgia. It has opposed a state RFRA. It has opposed protections for faith based adoption agencies. It has opposed gun rights legislation. Time and time again, Delta has sided with social just warriors. It is now siding with them against the NRA, which is putting Delta on the wrong side of the one group it owes a legal obligation to, i.e. its shareholders.
Delta is a publicly traded company and its decision to publicly repudiate business with a popular, legal organization of considerable size has cost it a $40 million tax exemption it would otherwise have no later than today. For all of Delta's high minded rhetoric and claims about avoiding "controversial" groups, the NRA has a membership in excess of 5 million people whose sole crime is defending the second amendment to the constitution of the United States. Its members can and will choose to fly with other airlines when given the opportunity. Its supporters in the Georgia legislature are costing Delta tens of millions of dollars.

I suspect if Delta walks back its position, it will get its $40 million. Yes, it will have to suffer through more bad press and attacks from the left for caving to something it should have never caved to. It will probably need to fire several vice presidents in the process. But I suspect Delta will recognize the bad press in another few news cycles will be worth it for the $40 million in tax exemptions it is going to get. That money is real money Delta is currently paying when it buys fuel for its planes.
If Delta does not walk this back, it is going to be interesting to see how shareholders react knowing their company's management was more worried about offending social justice warriors than the financial well being of the company.
++++++++++++++++++++++++++++++++
2) A Genuine Axis of Evil

Deterrence won’t stop North Korea from selling its nuclear arms.

By The Editorial Board

Former Obama National Security Adviser Susan Rice and others who say the U.S. can live with a nuclear-armed North Korea cite deterrence and the North’s certain destruction if it attacks Americans. This is a convenient faith, but alas it ignores the threat of proliferation to other regimes or actors that might also use weapons of mass destruction against Americans.
This proliferation threat was in sharp relief Tuesday with leaks from a confidential United Nations report alleging that Pyongyang is circumventing trade and financial sanctions and plying its military wares and knowhow to dozens of nasty foreign customers, including Bashar Assad’s Syria.
The Journal’s Ian Talley reports that the North has shipped 50 tons of supplies to Syria, including “high-heat, acid-resistant tiles, stainless-steel pipes and valves,” likely for use in a chemical weapons plant. The report, written by the Panel of Experts that oversees North Korea’s compliance with U.N. resolutions, reveals more than 40 shipments between 2012 and 2017. It also claims Pyongyang sent weapons experts to Syria multiple times as recently as the past two years.
This would solve the mystery of how Assad obtained the sarin gas he used against his people in 2013 and again in 2017. The U.S. believes he is still using chlorine gas against civilians. In 2007 North Korea worked with Syria to build a nuclear-weapons facility at Al Kibar—until Israel destroyed it in a military raid, against the advice of George W. Bush and Condoleezza Rice.
The chemical-weapons news also underscores the porousness of U.N. sanctions as the North sells whatever it can for cash to keep its dictatorship afloat. If sanctions are going to stop North Korea, the U.S. and its allies will have to start boarding ships and commandeering aircraft believed to be carrying WMD material. North Korea will sell anything to any bad actor for a price.
++++++++++++++++++++++++++++
3REPORT: IMAGES REVEAL NEW

 IRANIAN MILITARY BASE 

OUTSIDE DAMASCUS

New satellite images purport to show base built to house missiles "capable of striking Israel."

BY 
 
New satellite images of an area near the Syrian capital of Damascus show a new permanent military base which may house missiles capable of striking Israel, Fox News reported Wednesday.

The images of the base, some 12 kilometers northwest of Damascus, were taken by ImageSat International (ISI) and shared with Fox. They show two recently constructed hangars which are similar in appearance to Iranian bases in Syria. 
According to Fox, the new base is operated by Iran’s Quds Force, a branch of Iran’s Revolutionary Guard Corps (IRGC) responsible for operations in foreign countries, deployed to Syria to help embattled Syrian President Bashar Assad and is being used to store short and medium-range missiles.

In November, the BBC news agency reported that Iran established another military base at a Syrian army site south of Damascus. It was destroyed in December by an alleged Israeli air-to-surface missile strike, according to foreign media reports.

According to the report, which was based on a western intelligence source, the Iranian base was some 50 kilometers north of Israel’s Golan Heights and had several buildings which likely would have housed soldiers and military vehicles.Israeli officials have repeatedly voiced concerns over the growing Iranian presence on its borders and the smuggling of sophisticated weaponry to Hezbollah from Tehran to Lebanon via Syria, stressing that both are red-lines for the Jewish State.

Last week, a New York Times investigative report revealed the scope and depth of Iranian entrenchment in Syria, with a high concentration of outposts along the border with Israel, including administrative bases, logistical bases, control centers for UAVs (drones), training centers and more. 

Former Israeli defense minister Amir Peretz said on Twitter Wednesday that the report of a new base demands determined diplomatic action by the Prime Minister Benjamin Netanyahu. 

"The message must be made clear that Iranian military entrenchment constitutes a red line that must not be crossed. If need be, all options will be examined to prevent the entrenchment on the northern border," he wrote.

In early February, an Israeli F-16i fighter jet was downed by Syrian anti-aircraft missiles after it carried out retaliatory airstrikes following the infiltration of an advanced drone into Israel.

Prime Minister Benjamin Netanyahu then warned at the Munich Security Conference that Israel could strike the Islamic Republic directly and cautioned Tehran not to “test Israel’s resolve.”

“Israel will not allow Iran’s regime to put a noose of terror around our neck. We will act without hesitation to defend ourselves. And we will act if necessary not just against Iran’s proxies that are attacking us, but against Iran itself.”

On Tuesday, Gen. Joseph L. Votel, head of US Central Command, said that Iran was “increasing the number and quality” of its ballistic missiles deployed to the war-torn country as well as “enhancing” its funding to its proxy troops in the Middle East.

But despite that increased threat posed by Iran, Votel stated that “countering Iran is not one of the coalition’s missions in Syria.”
+++++++++++++++++++

No comments: