How Effective Have the BDS Efforts Against Israel Been? - Brian Schrauger ISRAEL TODAY

How Effective Have the BDS Efforts Against Israel Been?

Wednesday, June 08, 2016 |  Brian Schrauger   ISRAEL TODAY

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Topics:

Israel , Anti-Semitism

Foreign capital flow to Israeli assets hit a record high of $285.12 billion last year, nearly triple of what this figure was in 2005, Bloomberg News reported last week. And while the Israeli economy has been slowing as of late, it is still performing better than that of the United States and other Western nations. Israeli companies, especially high-tech startups, have also become very attractive targets for foreign investors.

The Bloomberg report is consistent with an analysis written for The Wall Street Journal two years ago by David Rosenberg, economic editor of the Israeli daily Haaretz.

The true story is that after nearly 10 years of campaigning, the global BDS (boycott, divestment and sanctions) movement has not had the slightest economic impact. Its victories have consisted of coaxing a handful of pop stars and academics to cancel appearances in Israel, and winning empty, sanctimonious declarations of support from the likes of student governments, cooperative grocery stories and leftish church groups.

Far from being isolated, Israel’s exports are reaching record highs and it attracts billions of dollars in foreign investment.

In the weeks that Israel was supposedly under a boycott siege, Japan’s Rakuten agreed to buy the start-up Viber for $900 million and Ireland’s Covidien sealed a deal to buy Given Imaging for $860 million. China’s Bright Food was in talks to buy control of Israel’s biggest food maker Tnuva, and IBM, Lockheed-Martin and ERM all announced plans to open research and development centers in Israel. The Jewish state became the first non-European member of the nuclear research consortium CERN and was admitted as an observer to the Pacific Alliance, a free-trade bloc of five Latin American countries.

A group of multinational firms including Ford, IBM, GE, Tyco, GM, Singtel, PayPal, Yahoo, ProSieben, and Kimberly-Clark came to Tel Aviv at the end of 2015 to find suitable startups to invest in. That year, Israeli startups netted nearly $5 billion in Venture Capital-backed exit deals, a ten-year record.

The BDS campaign attempts to delegitimize and isolate Israel in an effort to advance Palestinian interests, and many of its leaders have publicly affirmed that they seek Israel’s destruction. BDS co-founder Omar Barghouti, an opponent of the two-state solution, said in 2014 that Palestinians have a right to "resistance by any means, including armed resistance,” while leading activist As’ad Abu Khalil acknowledged in 2012 that "the real aim of BDS is to bring down the state of Israel.”

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Dot-Com Bubble 2.0 Is Bursting: Tech Stocks Are Already Down Half A Trillion Dollars Since Mid-2015 - Michael Snyder THE ECONOMIC COLLAPSE

Dot-Com Bubble 2.0 Is Bursting: Tech Stocks Are Already Down Half A Trillion Dollars Since Mid-2015

Posted: 07 Feb 2016 Michael Snyder  THE ECONOMIC COLLAPSE

Do you remember how much stocks went down when the first dot-com bubble burst?  Well, it is happening again, and tech stocks are already down more than half a trillion dollars since the middle of 2015.  On Friday, the tech-heavy Nasdaq dropped to its lowest level in more than 15 months, and it has now fallen more than 16 percent from the peak of the market. 

But of course some of the biggest names have fallen much more than that.  Netflix is down 37 percent, Yahoo is down 39 percent, LinkedIn is down 60 percent, and Twitter is down more than 70 percent.  If you go back through my previous articles, you will find that I specifically warned about Twitter again and again.  Irrational financial bubbles like this always burst eventually, and many investors that got in at the very top are now losing extraordinary amounts of money.

On Friday, tech stocks got absolutely slammed as the bursting of dot-com bubble 2.0 accelerated once again.  The following is how CNBC summarized the carnage…

The Nasdaq composite fell 3.25 percent, as Apple and the iShares Nasdaq Biotechnology ETF (IBB) dropped 2.67 percent and 3.19 percent, respectively.
Also weighing on the index were Amazon and Facebook, which closed down 6.36 percent and 5.81 percent, respectively.
LinkedIn shares also tanked 43.63 percent after posting weak guidance on their quarterly results.

Overall, LinkedIn is now down a total of 60 percent from the peak of the market.  But they are far from the only ones that have already seen their bubble burst.

Many of the biggest names in the tech world have gotten mercilessly hammered over the past six months of so.  Just look at some of the famous brands that have already lost between 20 and 40 percent of their market caps…

Yahoo (YHOO) shares are off 39%, and Netflix (NFLX), the best-performing stock in the S&P 500 last year, is now off by 37% from its 52-week high.
Likewise, Priceline.com (PCLN) is off 31% and eBay (EBAY), 22%.

But there are other very big tech companies that have seen stock collapses that completely dwarf those numbers.  Here are some more absolutely stunning statistics from USA Today…

Twitter and Groupon are the biggest dogs of this boom, both off 70% from 52-week highs and well below their IPO prices.
FitBit shares have collapsed 70%, while Yelp’s valuation has shrunk by two-thirds.
Box, which has the distinction of posting quarterly net losses in excess of revenue, is down by half.
Match.com, the holding company for dating sites owned by parent Interactive Corp. that went public late last year, is down 39% from its high.

When your stock loses 70 percent of its value, that is a complete and utter collapse.
In the past, I have specifically singled out Twitter, Yelp and LinkedIn as tech stocks that were irrationally priced.

Hopefully people listened to those warnings and got out while the getting was good.
At the top of this article, I mentioned that tech stocks have already fallen in value by more than 500 billion dollars.  The financial crisis that began in the middle of last year is now greatly accelerating, and Wall Street is starting to panic.

As stocks crash, many hedge funds are being absolutely pummeled.  The following are just a few of the high profile names that are experiencing massive losses right now…

Some of the biggest names to get trounced include:
►Pershing Square Capital Management, the publicly traded investment vehicle of billionaire hedgie Bill Ackman, fell 11% last month following a 20% decline last year, data from the web site shows.
►Larry Robbins’ Glenview Capital, famous for picking stocks that could benefit from Obamacare, dropped 13.65% in January following a decline of 18% last year, according to data from HSBC’s Hedge Weekly report, a copy of which was obtained by USA TODAY.
►Marcato International, a well-known activist fund run by Ackman protege Mick McGuire, fell 12.1% last month following a 9% loss last year, according to HSBC.

When you lose more than 10 percent of your money in a single month, that is not good.
And if I am right, this is just the beginning of our troubles.

And of course I am far from the only one warning that big problems are on the horizon.  In fact, analysts at Citigroup just made international headlines by warning that the global economy was now trapped in a “death spiral”…

Some analysts — including those at Citi — have turned bearish on the world economy this year, following an equity rout in January and weaker economic data out of China and the U.S.
“The world appears to be trapped in a circular reference death spiral,” Citi strategists led by Jonathan Stubbs said in a report on Thursday.
“Stronger U.S. dollar, weaker oil/commodity prices, weaker world trade/petrodollar liquidity, weaker EM (and global growth)… and repeat. Ad infinitum, this would lead to Oilmageddon, a ‘significant and synchronized’ global recession and a proper modern-day equity bear market.”

Signs of a significant economic downturn are all around us, and so many of the exact same patterns that played out during the last two stock market crashes are happening again, and yet most people continue to refuse to acknowledge what is taking place.

If you are waiting for this new dot-com bubble to crash, you can stop waiting, because it has already happened.

When your stock falls by 50, 60 or 70 percent, the game is already over.

But just like 2001 and 2008, many people out there will end up being paralyzed by indecision.  Once again the mainstream media is insisting that there is no reason for panic and that everything will be just fine, and once again millions upon millions of ordinary Americans will be wiped out as the financial markets implode.

This is now the third time this has happened since the turn of the century.

How clueless have we become?  The exact same thing keeps happening to us over and over and yet we still don’t get it.

Only this time around there isn’t going to be any sort of a “recovery” afterwards.

This is essentially our “third strike”, and the years ahead are going to be extremely bitter and painful for most people.

But if you want to believe that one of these politicians is going to come along and save America, you go ahead and keep on believing that.

Most people believe what they want to believe, and the capacity that many Americans have demonstrated for self-delusion is absolutely remarkable.

Paul Walker Was a True Gem According to Jewelry Store Clerk

By Jenny Depper

Paul Walker was best known for his action-packed films, but many are remembering the late actor, who died on Saturday in a fiery car crash, as a big softie with a huge heart.

During the holiday season several years ago, the "Fast & Furious" actor walked into Bailey Banks and Biddle Jewelers in Santa Barbara, California, and, according to sales associate Irene King, what happened next was practically out of a feel-good Hollywood movie.

King told CBS Los Angeles that an associate nudged her and said, “There’s Paul Walker.”

“Oh, OK, yeah,” King replied with a smile. “I said, ‘Yeah, he’s a nice-looking man.’”

Walker was browsing for bling at the same time as a soldier who had just finished his first tour of duty in Iraq, and was looking at engagement rings with his fiancée. 

Paul Walker was just a genuine guy. (Splash News)

According to King, the pair saw a ring set they liked, but it was way too expensive and boasted a hefty $10,000 price tag.

In comes Walker. The blue-eyed actor called the store's manager and told him to put the ring that the couple was looking at "on his tab," but to keep his identity hidden. He promptly walked out of the store. According to King, the store never told the couple that Walker was the man behind the purchase, and nobody ever knew the sweet story until now.

King posted the story on the 40-year-old actor's Facebook page, among thousands of other anecdotes where people remembered him as "generous," "loving," and with a "heart of pure gold." Walker was a dedicated supporter of charities like the Billfish Foundation, and could always be counted on to raise funds for those in need. He founded his own organization, Reach Out Worldwide, after the 2010 Haiti earthquake.

"To do something like that to a perfect stranger is just unbelievable,” King said.

In this case, it appears that Paul Walker's generosity shined brighter than any diamond.

Website: OMG.Yahoo.com