Tuesday, July 5, 2016

The Peanut Gallery

Statements, comments and forecasts that have no substance, but just might turn out to be relevant.

1.Germany is to pay 600 million euros in massive deal with Israel for the lease of 5 Eitan drones capable of carrying bombs and rockets; German chief of staff preferred Israeli model to American competitors. The German Chief of Staff, General Volker Wieker, who visited Israel a few weeks ago, prefered the Israeli ‘Heron’ drone over its American competitor - the ‘predator’ and the ‘Raptor’.  COMMENT: Another message to those politicians who claim that Israel is more isolated than ever. What BS! Read more: 
http://www.ynetnews.com/articles/0,7340,L-4821568,00.html

2.Geopolitical Futures: The Italian government has struggled to effectively address the problem of non-performing loans, while economic growth remains sluggish. The impact can be seen in the performance of Italy’s two largest banks. UniCredit, the country’s biggest bank, lost about 70 percent of its stock value since the beginning of the year, while Italy’s second largest bank, Intesa Sanpaolo, lost about half its stock value.COMMENT: This would be a Greek crisis on steroids.

3.Hillel Yafa Ariel, a 13 year old Israeli girl, has died of her wounds after a terrorist broke into her house in Kiryat Arba and stabbed her in her bed Thursday morning. The Palestinian terrorist climbed over the security fence surrounding the Harsanina neighborhood, infiltrated one of the houses located just yards away from the fence, and stabbed Ariel, critically wounding her. The girl suffered from stab wounds all across her upper body, and was evacuated to the Shaare Zedek Medical Center in Jerusalem where she later died of her wounds. COMMENT: Its time to call a spade  a spade. There is no difference between ISIS, Al Qaeda and the so called "Palestinians". Pompous and strutting by nature and cowards by heart.

4.Gatestone: Muslim students now outnumber Roman Catholic students at middle and secondary schools in Vienna, Austria according to official statistics, which show that Muslim students are also on the verge of overtaking Catholics in Viennese elementary schools. The data confirms a massive demographic and religious shift in Austria, traditionally a Roman Catholic country. COMMENT: Adolf must be turning over in his grave!

5.The International Monetary Fund (IMF) issued a damning 63-page report on the German banking and insurance sector yesterday. It is a long and thorough report, with the key point buried on page 42: “Deutsche Bank appears to be the most important net contributor to systemic risks in the global banking system.” The markets punished Deutsche Bank, already reeling from Brexit, forcing shares down at one point to their lowest level in 30 years. In just the last year, Deutsche Bank has laid off tens of thousands of workers and has seen rating downgrades from both Fitch and Moody’s on its long-term debt and its deposit ratings. Deutsche Bank is also sitting on $41.9 trillion (not a typo) worth of derivatives. The crisis is no longer invisible. The IMF, Germany and the markets all see it. COMMENT: As an indicator, watch how the price of gold is quietly moving up in price.


6.Tanzania told Prime Minister Benjamin Netanyahu on Monday that the East African country would be opening an embassy in Israel for the first time...Fourteen years after Israel was booted out, Kenya is backing Israel’s bid to regain observer status at the African Union, the country’s president announced Tuesday...Ugandan President Yoweri Museveni on Monday lauded Israel’s famed July 4, 1976, Entebbe rescue of a hijacked Air France plane, saying at a memorial service to mark its 40th anniversary that the Jewish state was right to launch the operation on his country’s territory...COMMENT: Israel has been a lone voice in the war against Islamic terror for years. Now that the same scum are in their backyards they are dancing to the beat of a different drummer. Some more quickly than others. Israel isolated?...Its just a matter of time before the Bernie Sanders breed find themselves terrified and alone

7.Hungary will hold a popular referendum Oct. 2 aimed at countering EU migrant resettlement efforts, the office of President Janos Ader said July 5, AP reported. Hungary has erected fences along its southern border to prevent migrants from passing through the country, and Prime Minister Viktor Orban has pushed the referendum as a way to oppose what he sees as a violation of Hungarian sovereignty by Brussels. Left-wing opposition parties in the country have called for a boycott of the referendum. COMMENT: Austria is having an election re-run on the same day. If anyone imagines that Brexit was a one time thing, they are mistaken.

If God wanted us to vote, he would have given us candidates - Jay Leno

If we got one-tenth of what was promised to us in these
State of the Union speeches, there wouldn't be any
inducement to go to heaven - Will Rogers

Politicians are people who, when they see light at the end of the
tunnel, go out and buy some more tunnel - John Quinton

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