Monday, August 19, 2019

What Mauldin Learned. Finland and Universal Health Care. Bibi Visits Ukraine. Other Commentary.



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Sent to me by a dear friend, fellow memo reader and shrewd investor
who also happened to be an institutional investor client. I also brought
family's business public :https://www.mauldineconomics.com/frontlinethoughts/what-i-learned-at-
-kotok

And:

Finland: Government Collapses Over Universal Health Care ...

Mar 10, 2019 · Sadly, fiscal reality hit Finland’s government as it collapsed Friday due to the rising costs of
its universal health care. The warning signs were on the wall last spring when Finland, as Leslie noted , ended
its experiment with “universal basic income.”
And:

BIBI visits the Ukraine and comments about Dermer's  remarks regarding
Omar and Tlaib (See 1 and 1a below.)

Every once in a while a person, a political person, becomes indispensable.
 I believe Bibi is currently indispensable.

Finally:

I seriously doubt America would tolerate the actions of Hezbollah. (See 1b
below.)
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It is time for liberal  Jews, who are slaves to the Democrat Party, to begin to
and smell the rose stench emanating from the Democrat's garden.(See 2
below.)
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So you think 20 plus candidates are too much?  What about 32 parties
running in an election? (See 3 below.)
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Trump will never learn to be and/or act like a traditional president

He is driven by a large narcissistic ego but there are times when someone,
who is a doer and  likes to get things done,  can only do so by being un-
orthodox. In America's short history, I believe that time is now and even with
his many faults, Trump is what we need as opposed to the "Goofiness" in
the  anti-Semitic candidates ranks of the bizarre and outlandish Democrat
Party.
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1)

Netanyahu: Dermer did not misspeak 

when saying Omar, Tlaib could visit

By HERB KEINON
Ambassador to the US Ron Dermer did not speak out of turn last month when he said 
that Israel would permit a visit by two BDS-supporting congresswomen, it was just that 
he did not know the specifics of their visit, Prime Minister Benjamin Netanyahu said on 
Sunday.

Netanyahu’s comments about the ongoing brouhaha surrounding the decision to bar 

entry to Democratic congresswomen Rashida Tlaib and Ilhan Omar came at Ben-Gurion
Airport as he was about to leave for a two-day visit to Ukraine.

Foreign Minister Israel Katz said on a televised interview on Saturday night that Dermer 

was speaking for himself, and not the government or Netanyahu, when he said on July 
19 that the two anti-Israeli congresswomen would be allowed to visit because of Israel’s 
respect for the US Congress.

“When Ambassador Dermer spoke, there was not a specific request for these visits, and

no specific schedule and itinerary,” Netanyahu said. “The minute they gave that to us, 
we studied it and the decision was made [not to let them in]. This is not a decision along 
partisan lines. It is one of principle. We respect equally all the parties in the United 
States, but we also respect ourselves. We will not allow entry to those who come to 
impose boycotts on us and to undermine the legitimacy of the State of Israel.”

Netanyahu’s trip to Ukraine will be the first visit by an Israeli prime minister since he 

went there in 1999 during his first term in office, just weeks before he lost an election to
Ehud Barak.


“I am going now on an important visit to Ukraine at the invitation of the new President

 [Volodymyr] Zelensky,” he said. “We have hundreds of thousands of Israeli citizens who
came from Ukraine and are a living bridge between the two countries, and the 
connection between us is getting stronger.”

Netanyahu said he will speak to Zelensky about establishing a free trade zone between

the two countries, and about pensions for former Ukrainians now living in Israel.

Ukraine 
has agreed in principle to pay pensions to immigrants who came after Kiev 
declared independence in 1991, but this is an issue that is tangled up in government 
bureaucracy and has not yet passed in the Ukrainian parliament. If Netanyahu is able to 
some kind of promise from the new Ukrainian president on this matter, it could resonate 
with the Russian-speaking immigrants he is trying to siphon away from Avgidor 
Liberman of the Yisrael Beytenu party.

After laying a wreath at the Tomb of the Unknown Soldier in Kiev on Tuesday, 

Netanyahu is scheduled to meet with the new Ukrainian president, who is Jewish, 
followed by the signing of bilateral agreements and statements to the press. The two 
will then go to Babi Yar for a memorial ceremony.

Netanyahu will also meet Ukrainian Prime Minister Volodymyr Groysman, who is also 

Jewish, followed by an Israeli innovation event and a meeting with Jewish COMMUNITY leaders. He is scheduled to return to Israel on Tuesday evening.

1a)

Netanyahu - damned for bad ties with 

Obama, damned for good ties with Trump

By HERB KEINON
Putting it mildly, Prime Minister Benjamin Netanyahu and then US president Barack Obama had 
a difficult relationship.

Obama was on the Left, Netanyahu on the Right. They saw the world through very different 

lenses and disagreed fundamentally both about Iran and the Palestinians. As a result, there were 
constant fights, name-calling, leaks, and an altogether dysfunctional relationship, as one pundit 
after the next explained it.

Each new disagreement – over the settlements, over the stymied peace process, over the Iran 

nuclear deal, over Netanyahu’s speech to the US Congress – gave birth to overheated headlines 
that the entire US-Israel relationship was on the verge of collapse. It was as if Netanyahu’s 
difficult relationship with Obama meant that the entire Israel-US relationship was about to go 
down the drain.

A good, healthy relationship with the president, this argument ran, was necessary for a good, 

strong Israel-US relationship. When that was lacking, everything – all the doomsayers said – wa
on the verge of collapse.

Fast forward a few years, and now Netanyahu has the best relationship an Israeli prime minister 

has ever had with a US president. Ever. So what do the headlines morph into? The US-Israel
relationship is on the verge of collapse because of the strength of that relationship – that 
relationship is too good.


Netanyahu, and by extension Israel, were damned when they had a difficult relationship with the

US president, and now Netanyahu, and by extension Israel, is damned for enjoying a good 
relationship with the US president.

Three days after Israel decided to bar US representatives Ilhan Omar and Rashida Tlaib from 

entering the country because of their BDS advocacy, three days after hyperventilated headlines
 and over-dramatic tweets, it is time for everybody to sit back and relax. This too will pass.

If the eight years of the Obama administration taught anything, it taught that the relationship

between Israel and the US is deep, wide and broad enough to survive serious disagreements 
over policy, and a difficult and very critical president.

During the Obama years, too many conflated Netanyahu’s relationship with Obama into Israel’s relationship with the US. They are not one and the same. There is much more to the US-Israel

 relationship than the relationship at the top, as important as that relationship is.

There is also the relationship with Congress; the military/intelligence relationship; the business relationship; and the historic ties between the two countries that extend even to a sympathy that 

America’s founding fathers had for the idea of a Jewish state.

Poll after poll continues to show that Israel enjoys extremely strong support among the American

public. Granted, there is serious deterioration on the progressive flank of the Democratic Party.
That is troublesome. It should be carefully monitored, and serious efforts are needed to address
 it. (One thing is for certain: those progressives who already dislike Israel intensely would not
have liked it any more even had Israel let Tlaib and Omar conduct their bashing-Israel tour.)

Yes, you want a good relationship at the top, but even if that does not exist – as the eight years 

of the Obama-Netanyahu era proved – the relationship between the two countries can still thrive
 and prosper.

The same is true now. Israel wants strong bi-partisan support. But if it doesn’t exist at the

moment, the relationship can continue to flourish and grow because the other components 
remain: a super strong relationship with the president, exceptionally strong military/intelligence  cooperation, very close business cooperation, and still strong public 
support.

It is also premature to eulogize the bi-partisan support.

Despite President Donald Trump’s efforts to present them as the face of the Democratic Party, 

Omar and Tlaib do not represent the party, or the party’s position on Israel. They represent a
faction of the party – a vocal and high-profile faction, but still a small one, and it should not be
 overstated.

House Majority Leader Steny Hoyer is not going to stop supporting Israel because it banned

Omar and Tlaib, even though he called the move “outrageous.” Neither is House Foreign Affairs Committee chairman Eliot Engel, or senators Chuck Schumer or Bob Menendez.

There is more to the Democratic Party than the progressives, more to US public opinion than 

The New York Times editorial board, and more to American politics than Bernie Sanders. Are
they important? Obviously. Are they the dominant trend? Obviously not, otherwise Trump
would not be president.

In the important and necessary discussion over whether it was wise for Israel, under pressure

from Trump, to ban the two representatives, perspective is needed.

The US-Israel special relationship is not suddenly going to come crashing in on us. Even if our

standing may slip even lower with Democratic progressives, we enjoy an excellent relationship
with the president, a strong relationship with the vast majority of Congress, a great relationship
with the US military, intelligence and business sectors, and are held in pretty high regard by a
large swath of the American public.

We should enjoy it for now, and also trust that Israel’s value to the US will enable us – as we 

have in the past – survive periods when a less favorably disposed president may be sitting in the
Oval Office.
Not too long ago, we were there, did that and – despite all the catastrophic headlines and 
apocalyptic prophecies – lived to tell tale.


1b)

Hezbollah brings arson terror to the northern

front

By JERUSALEM POST STAFF
Following in the footsteps of terrorists in Gaza, terrorists from the Hezbollah terrorist movement lit fires along the Israeli-Lebanese border on Friday which quickly spread into Israeli territory, according to Channel 12 news.
The fire, exacerbated by strong winds, threatened an IDF post and the border town of 
Margaliot.. The current evaluation, as reported by Channel 12,  is that this was an intentional
 action by Hezbollah which may be carried out again in the future.
Video obtained by Channel 12, shows the Hezbollah terrorists arriving to an area very close
to the border fence and igniting multiple fires in the area. The fire caused a large amount of
mines in the area to explode. 
UN vehicles in the area made no effort to stop the terrorists or to put out the fires. No
injuries have been announced.
As the fire quickly advanced on Israeli territory, roads were closed and firefighters prepared
to evacuate Margaliot. 
"We received a message that a fire was advancing on the town of Margaliot that began on 
the Lebanese side of the border," said Roi Finnish, deputy shift commander of the Israel Fire
and Rescue Service Galilee-Golan station. "Our teams that arrived at the scene conducted 
operations to protect the town. Additionally, police blocked roads at the scene to prevent
vehicles from passing through."
It took hours to put out the flames and no firefighting aircraft could be used due to the site's
close proximity to the border. According to Channel 12, this probably won't be a one-time
incident.
"Everyone knows that the Lebanese side conducts these provocations and this fire is surely
caused by them and not be chance," said Yoram Mahlof, CEO of the Mevo'ot Ha'Hermon
regional council. This is not some innocent shepherd. They study us. They want to learn and
we are prepared and ready. We know exactly what they want."
Hezbollah may use the arson tactic to obtain a few different goals. The fires may serve to 
step up harrassment of the IDF and security forces or to pose a direct threat to their posts 
along the border. The terrorist organization may also use the fires to expose areas which
could potentially be used by IDF special forces to camouflage cover for cross-border activity.
 Terrorists in the Gaza Strip have conducted thousands of arson attacks against Israel in 
recent years.
 Terrorists in Gaza have used balloons and kites to fly incendiary and explosive devices over
the border into southern Israel since the launch of "March of Return" protests along the 
border fence. The incendiary devices have caused more than 2,000 separate fires, resulting
in more than 35,000 dunams burned.

Anna Ahronheim contributed to this report.
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2) The Democrats’ war against the Jews

 Rip, rip, rip.  That’s the sound of the anti-Semitic, hate-filled, back-stabbing Democrats ripping off their masks and baring their mendacious tongues. Their myth is shattered.   No longer can they maintain the sham of being home to American Jews and a faithful friend to Israel.  Sure, not all Democrats.  But the power structure of the United States Democrat party is now dominated by supporters of BDS, anti-Israel fallacious meme throwers, and kindlers of a civil war among American Jewish partisans.
   
It didn’t happen overnight.  But while Republican Jews and Evangelists and others were proudly and loudly supporting Jews and Israel, their warnings went unheeded.  A harbinger of future President Barrack Hussein Obama’s orientation was his virtue signaling in his book, The Audacity of Hope, published in 2006.  In it, Obama wrote the infamous sentence about ugly things happening in America, such as Japanese internment camps, and that he would stand with Muslims should the winds of change again occur in America.   The sentence was gratuitous.  Five years after 911, heinously perpetrated by Muslims in the name of Allah, no untoward US governmental action had been  implemented against them. 

Obama was sworn-in as the 44th US President in January 2009.  Barely six months later, he flashed his anti-Israel teeth in his infamous speech, “A New Beginning,” given in June 2009 at the University of Cairo in Egypt.  In it, he called Israeli settlements “illegitimate,” and called for a two state solution.   Moreover, he was determined to strengthen ties with the Muslim world, negotiate with Iran, and apologize for past American ills.  
These anti-Israel proclamations were followed by his humiliating posture towards Israeli President Bibi Netanyahu and his infamous deal with Iran.  Obama’s antipathy was echoed by a fierce diatribe from Hillary Clinton, Joe Biden being notoriously late for a meeting in Israel with Bibi, and John Kerry’s anti-Israel, pro-Palestinian stance.
While Obama’s animus seemed focused on Israel and its policies, his successors have no such restraints.  Democrat freshman Congresswoman Ilhan Omar has proclaimed, “It’s all about the Benjamins,” and that the Israeli lobby controls DC.  Rashida Tlaib, another Democrat freshman Congresswoman was sworn into Congress wearing  Palestinian garb.  Her definition of a one state solution is one Palestinian State.  Israel is named Palestine on the map that hangs in her office.
She has earned the distinction of hating Israel more than loving her grandmother when, after she and Omar were banned from entering Israel, she declined to accept the special entry she was granted to visit her grandmother living  in the West Bank.   Both she and Omar are vocal supporters of BDS, and are joined in this  support  by  two other Democrat freshman  Congresswomen, the superstar Alexandria Orcasio-Cortez (AOC) and Ayanna Soyini Pressley.   The four are benignly referred to as “the Squad,” but this quartet is not part of a jejune cheerleading team.  Rather, they are anti-Semitic bomb-throwers who have rendered the vast majority of their party powerless. 
Omar has not been stripped of her seat on the Foreign Relations Committee nor has any member of the Squad been significantly publicly rebuked since the first cries for apology were issued last February.  Instead, House Speaker and veteran politician Nancy Pelosi recently accompanied Omar to Ghana.  Also, the house Democrats have been critical of Netanyahu’s  barring of Omar and Tlaib’s entry into Israel.  One wonders where they would draw the line. 
The majority of Americans do not accept the Squad’s virulent anti-Semitism.  But their hatred is now out there.  It encourages and gives cover to their followers, enables other anti-Semites to discard their inhibitions, and softens the public to the hate.  Unfortunately, their anti-Semitic platform has not only more sharply divided Jews, it has destroyed bi-partisan support for Israel.  Forced to decide between Israel and the Democrat party, most  have chosen the party.   
On the flip side, the Republican Party is ardently pro-Israel and pro-Jewish.  Similarity, pro-Jewish, pro-Israel, pro-Republican organizations are burgeoning.  The Republican Jewish Coalition (RJC) in less than 20 years has grown from a few hundred members to over 50,000.  A relatively new group, Jexit (Jews exiting the Democrat Party) is exploding.  In fact Jexit is proving so successful that Candace Owens, and other African-American leaders are  attempting to form a coalition between JEXIT andBlexit.  Another recently formed group, Jews Choose Trump, boasts many ex-Democrat members. 

The anti-Jew streets have been paved for millennia.  Can they be barricaded in America?
Snap.  Zip. Click.  The sounds of checkbooks, billfolds, wallets, handbags and electronic devices closing to stop donations to Democrat candidates and the Democratic National Committee.
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3) 32 parties approved to run in September 

17 elections
By GIL HOFFMAN
The Central Elections Committee gave its approval on Sunday to 32 parties to run in the September 17 election, down from 47 in the April 9 race.

The committee met on Sunday to reveal what each party requested its ballots say.
Despite opposition from MK Rafi Peretz, the ballot for the Yamina party will say “Yamina, headed by Ayelet Shaked,” and then list the three parties that make up the list.

Likud’s ballot will mention Benjamin Netanyahu, Blue and White’s both Benny Gantz and Yair Lapid, and Labor-Gesher’s both Amir Peretz and Orly Levy-Abecassis. The Democratic Union’s slips will include Nitzan Horovitz, Stav Shaffir and Ehud Barak, but only their last names.

Tiberias Mayor Ron Kobi’s Secular Right party has “fighting haredi coercion” on its ballot.
The Pirate Party, which asked voters to wipe their behind with their ballot in the April race, this time relied on their voters’ knowledge of English profanity. The ballot says in Hebrew that “We are all in the same boat and it is all the same sailing.” The Hebrew word for sailing, if mispronounced, could be vocalized as “shit.”

More than a dozen candidates were disqualified from running because they were found to have criminal backgrounds or jobs in the civil service.


The party with the most disqualifications was Kama, a party formed by the wives of convicted polygamist Daniel Ambash. Ambash, who has six wives and 15 children, was sentenced to 26 years in prison in 2013 for sexual abuse and the detention of women and minors under conditions of slavery in Jerusalem and Tiberias.
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