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Portland Riot Clashes Re-emerge Near US Courthouse

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Rioters and police clashed in downtown Portland in a demonstration that lasted into early Thursday, with some in the crowd setting a fire and exploding commercial grade fireworks outside a federal courthouse that’s been a target in months of conflict for Oregon’s largest city.

Officers used tear gas to break up the crowd of several hundred people who gathered near the Mark O. Hatfield U.S. Courthouse, the neighboring Multnomah County Justice Center and a nearby police precinct station.

Protests have been held nightly in the city since the police killing of George Floyd in May, who died after a white officer pressed a knee to his neck

Protesters hurled rocks, bottles and paint at officers during the demonstration that started Wednesday night and went into Thursday morning, Portland police said in a statement.

One officer suffered a hand wound described as serious several other officers suffered non-specified injuries and two people were arrested, the statement said.

The protests in Portland reached their apex last month outside the federal courthouse, with demonstrators clashing nightly with federal agents dispatched to the city to protect the courthouse.

The demonstrations dwindled after a drawdown of the agents, who were replaced by Oregon state troopers. But protests turned violent over the last week, mostly near a police union headquarters building miles from the federal courthouse.

(Vosizneias).

Shwekey Hopes Song Composed for Trump Fundraiser Will Spark Wave of Patriotism in Jewish Community

August 13, 2020 11:39 am

NEW YORK (VINnews/Sandy Eller) – In a departure from his usual repertoire, singer Yaakov Shwekey appears in an all new music video expressing the Jewish community’s gratitude to President Donald Trump and the United States of America.

The three minute long video features the Stars and Stripes billowing against a brilliant blue sky and the popular singer recording the song against the backdrop of a large American flag at a Spotswood, New Jersey music studio.

The song, We Love America, is an updated version of Shwekey’s 2016 hit We Are A Miracle, written for an August 9th fundraiser held for Trump in Deal, New Jersey at the home of Stanley Chera, who succumbed to COVID in mid-April. Chera was a close friend of both Trump and Shwekey, and his children contacted the singer, asking him to perform for the president at the fundraiser.

“I started asking myself, ‘What can I sing for him, what will have an impact?’” Shwekey told VIN News. “It made sense to do a patriotic song in honor of the president’s visit and I came up with a few lyrics and contacted my dear friend Yisroel Besser who has written songs for me in the past.”

The song highlights the Jewish community’s gratitude to America for its many freedoms and also expresses support for Trump, describing him as “heaven sent.” Shwekey was told that the president enjoyed the song, which was also performed for an enthusiastic audience at Camp Tumim in Pennsylvania as previously reported on VIN News (https://bit.ly/2Q0EZWB.)

But far from creating the song for the fundraiser alone, Shwekey hopes that it will resonate far and wide, especially with the election less than three months away. The singer, whose mother was born in a displaced persons camp, has taken great pains to ensure that his own children appreciate the freedoms they currently enjoy.

“I took my children to visit Rav Shmuel Kamenetzky who has an American flag flying outside his home,” said Shwekey. “It is very important for our children to understand the great and kind country that we live in, that lets us practice our religion and gives us voice.”

Seeing the media trying to publicly discredit Trump and people publicly displaying contempt for America is particularly disturbing to Shwekey.

“We know what America has done for people – the downtrodden, the hungry,” said Shwekey. “We need to focus on the positive and appreciate what we have. You will never have a country that is perfect, but to not give respect is shocking and I don’t know of any other country that would allow people to kneel during the national anthem.”

Shwekey hopes that We Love America and its message will be heard and internalized in Jewish communities throughout the country.

“With all the negativity that we hear people start thinking that maybe America isn’t all they thought it was,” said Shwekey. “Don’t listen to the media spin. Don’t doubt America and all that it has done for us.”

We Love America

A nation so diverse

Yet united at its core,

Freedom opportunity

Allowing us to soar

Its been four years

Four GREAT years

And you know don’t you really know

You’ve been heaven-sent, Mr. President

To stand strong.

The glory of our history,

Our flag it’s flying high,

The promise of our future,

We raise our voices high.

It’s been four years

Four GREAT years

And you know don’t you really know

You’ve been heaven-sent, Mr. President

To stand strong now.

We love America.

We love America.

May G-d hear our prayers, for four more years.

We love America.

Every day you fight a battle,

On the news, they try to hide,

Your victories, your accomplishments,

The way you lead with pride.

But truth is always stronger,

So join us as we sing our song

We love America.

We love America.

May G-d hear our prayers, for four more years.

Cause we love and appreciate America.

Source: VosIzNeias

Trump announces ‘Historic Peace Agreement’ between Israel, UAE

United Arab Emirates and Israel agree to ‘full normalization’ of diplomatic relations, Trump announces

President Trump on Thursday announced what he called a “Historic Peace Agreement” between Israel and the United Arab Emirates, saying they agreed to “full normalization of relations.”

The president, Israeli Prime Minister Benjamin Netanyahu and Crown Prince of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Sheikh Mohammed Bin Zayed released a joint statement Thursday, after the three spoke “and agreed to the full normalization of relations between Israel and the United Arab Emirates.” The statement said that the “diplomatic breakthrough” was at “the request of President Trump,” and that Israel will “suspend declaring sovereignty over areas outlined in the President’s Vision for Peace and focus its efforts now on expanding ties with other countries in the Arab and Muslim world.”

Israel and the UAE also said they will continue their efforts to “achieve a just, comprehensive and enduring resolution to the Israeli-Palestinian conflict.”

“This historic diplomatic breakthrough will advance peace in the Middle East region and is a testament to the bold diplomacy and vision of the three leaders and the courage of the United Arab Emirates and Israel to chart a new path that will unlock the great potential in the region,” the statement read. “All three countries face many common challenges and will mutually benefit from today’s historic achievement.”

Delegations from Israel and the UAE are expected to meet in the coming weeks to “sign bilateral agreements regarding investment, tourism, direct flights, security, telecommunications, technology, energy, healthcare, culture, the environment, the establishment of reciprocal embassies, and other areas of mutual benefit.” “Opening direct ties between two of the Middle East’s most dynamic societies and advanced economies will transform the region by spurring economic growth, enhancing technological innovation, and forging closer people-to-people relations,” the statement also read.

Trump on Thursday said he had a call with Israel and the United Arab Emirates. The president told reporters Israel and the UAE will exchange embassies and ambassadors, and “begin cooperation across the board.” The president said he expected other countries to follow the UAE’s lead on this effort to cooperate with Israel going forward.

“We are already discussing this with other nations,” Trump said. “So, you will probably see others of these.”

 

Source: Fox News

 

Democrats Committed to a Socialist Platform. Op-ed

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This has been a year of such astonishing and unforeseeable events that it is taking some time for the full impact of what has tumbled onto the daily and political life of the United States to be assimilated.

The year has been building steadily towards its November 3 climax like a Wagnerian opera, through the worst medical pandemic in 100 years, which is playing a role in the fierce combat zone of American politics.

As the primary season unfolded, the Democrats were faced with the selection of an outright Marxist, though a sincere Democrat, and the powers that be in that party intervened to assure the nomination of a presidential candidate who is unique for other reasons.

Former Vice President Joe Biden, a venerable wheel-horse of 50 years of elective service who has never demonstrated any vote-winning ability outside his little state of Delaware (400,000 voters), bombed badly in the early primaries — placing fourth in Iowa and fifth in New Hampshire, behind the Vermont socialist Bernie Sanders, the only slightly less socialistic pseudo-Native American Sen. Elizabeth Warren, D-Mass., a fluent gay young mayor of a city of about 100,000 people, Pete Buttigieg of South Bend, Indiana, and the un-frightening but somewhat plodding and Mondalean Sen. Amy Klobuchar, D-Minn.

Democratic Party elders were so disconcerted at the prospect of Sanders as the nominee, they performed the Lazarene feat of resurrecting Biden, who in his long career has generally been thought a centrist. But his political precepts had never been tested outside Delaware, and he went with the party leadership in the Senate through six terms.

In these circumstances — that is, in order to reconcile with the Sandersites, who had been questionably deprived of the nomination for the second time in four years — Biden has effectively signed on to the Sanders program.

He rightly proclaims himself the most leftist candidate in the party’s history (“progressive” in the current jargon, but that misconceives progress).

Sanders and Biden sully the great name of Franklin D. Roosevelt as a statesman role model; FDR was a well-educated man who believed that without contented working and agrarian classes, which were, in any case, an equitable ambition in a rich country, the system would be unstable and possibly even unsafe for those who lived in 40-room houses in thousand-acre estates as he did.

The Democratic Party is now committed to a far more radical socialist platform than has ever been remotely hinted at by a serious American national party.

This includes open borders, and effectively the full right of undocumented residents to the benefits of the American welfare and education systems as well as the right to vote.

They are also intent on the seizure of firearms in private hands.

All those without comprehensive health insurance will be offered a “platinum” federal government health plan covering all contingencies which will soon be “free” healthcare for up to 150 million people.

Minimum wages and taxes on anyone earning above the average income will be sharply increased. Most of the liberalizations of business and corporate regulations enacted by the Trump regime will be reversed, and unionization of the workforce heavily favored.

The Democratic socialist caucus’ Green New Deal will be enacted, banning as quickly as possible (or even more swiftly than that) fossil fuel production and use, the internal combustion engine on land and in the air, and discouraging the consumption of beef to spare the environment the challenge of bovine flatulence with which it has coexisted for all of known history.

More than $1 trillion of student loans gradually will be forgiven over 20 years, university education will be guaranteed to be available and free to all families with incomes below $150,000 a year, and private, chartered, separate, and home schooling will all be discouraged to promote the monopoly of the underperforming, heavily unionized state school systems.

Abortion, including the disposal of newly born children, will be available without cost to everyone. The military will be substantially downsized; the agreement assuring Iran its right to deploy nuclear weapons in five years will be reaffirmed, and there is no indication that this administration’s activities to protect American jobs and industry from unreasonable competition and trade arrangements will be continued.

The Democrats are also pledged to look seriously and positively at a program of trillions of dollars of reparations to descendants of emancipated American slaves and to native people.

This is a blueprint for a pacifist, socialist republic presented by a party that, as U.S. Atty. Gen. William “Bill” Barr remarked at the House Judiciary Committee on July 28, does not condemn mob violence, approves the reduction of police forces in the country’s cities, accepts that those who attempt to burn down federal buildings, churches, and police precincts, and to destroy monuments of traditional American heroes including Christopher Columbus, Abraham Lincoln, Ulysses S. Grant, and Frederick Douglass are “peaceful protesters” whose rights to do so are allegedly protected by the First Amendment.

This absurd political program is now widely supposed by the 90 percent anti-Trump media to be on the verge of electoral approval.

When confronted with the obvious total unacceptability of this fact, the standard response is that Biden is a reliable moderate and has generally avoided comment on the more controversial measures, which in the normal course will simply not be enacted.

Biden does appear at the moment to be a narrow favorite in the polls, largely because the Biden-Sanders program has not really been examined and because of the success of the anti-Trump media in panning Trump’s anti-COVID-19 performance as inadequate.

That is a harsh judgment.

He acted early to close off direct travel from China and Europe (to a chorus of criticism from the Democrats), and showed great executive ability in swiftly producing ventilators, hospital beds, and other medical requirements, but the public relations could have been better handled at times.

Crime — especially violent crime — is rising sharply in most cities and the mainly Democratic city governments are hopeless and inert (e.g. New York, Los Angeles, Chicago, Minneapolis, Portland, and Seattle).

The president outmaneuvered the Democrats by reverting to executive order to continue assistance to the economically afflicted, but at levels that incentivize their return to work.

Trump faces the challenge of selling a two-track recovery: epidemiological and economic, concurrently.

It’s the only way to avoid either a terrible depression or hundreds of thousands of unnecessary deaths, and in the meantime, it should sink in on the country that a vote for Biden is a vote for hardcore authoritarian socialism, strengthened by mailed-out ballot-harvesting, unrestricted voting by illegal immigrants, and an assault on the Electoral College with spreading state legislation delivering all electoral votes to the leading overall vote-winning candidate regardless of the vote-breakout in each state.

The pell-mell descent of events has made it possible for the Democrats to represent Trump as President Chaos, but if COVID-19 fatalities continue to decline alongside receding unemployment, it will be impossible for the American public to elect the Sanders proletarian revolution with the amiable stumblebum from Delaware as its Judas Goat.

Newsmax / This article originally appeared in American Greatness.

Conrad Black is a financier, author and columnist. He was the publisher of the London (UK) Telegraph newspapers and Spectator from 1987 to 2004, and has authored biographies on Maurice Duplessis, Franklin D. Roosevelt, and Richard M. Nixon. He is honorary chairman of Conrad Black Capital Corporation and has been a member of the British House of Lords since 2001, and is a Knight of the Holy See. He is the author of “Donald J. Trump: A President Like No Other” and “Rise to Greatness, the History of Canada from the Vikings to the Present.” 

Israel Says It Thwarted Massive Cyber-Attack on Defense Industry

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A massive cyber-attack on Israel’s defense industry was successfully thwarted, it was reported on Wednesday.

The government cleared for publication that the attack was perpetrated by an international group of hackers known as “Lazarus,” which infiltrated the social network LinkedIn using fake profiles.

The hackers then impersonated high-level employees of large international companies and approached their supposed “counterparts” in the Israeli defense industry, offering them jobs.

When the Israeli employees responded, the hackers attempted to attack their computers and penetrate their companies’ networks.

These efforts were detected and stymied in real time by the Director of Security of the Defense Establishment at the Israeli Ministry of Defense, and no damage was done.

The hackers were said to be backed by a “foreign country.”

Although the country was unnamed, Iran has attempted several major cyber-attacks against Israel in recent months, including a potentially-devastating attack on Israel’s water infrastructure.

In all cases, the attacks were prevented.

(Algemeiner).

LA County renters: Here’s how to apply for $100 million in pandemic relief – but it won’t last long

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Beginning Monday, the county will begin accepting applications for $100 million in federal CARES Act funding to county renters who need it most.

As a state panel weighed whether to end a ban on statewide evictions amid the pandemic, Los Angeles County officials on Wednesday, Aug. 12, said a new $100 million program designed to offer rent relief for the most vulnerable of tenants was vital, but will only scratch the surface of the huge numbers of people who need it.

Beginning Monday, the county will begin allocating $100 million in federal CARES Act funding to county renters. Applications for the relief funding will open on Aug. 17, 2020. You can submit at 211la.org/lacounty/rentrelief, or by dialing 2-1-1, 8 a.m. to 8 p.m.

From Aug. 17 to Aug. 31, tenants on the cusp of eviction can apply for the COVID-19 Rent Relief Program, run by the Los Angeles County Development Authority. The city of L.A. is not part of the county’s program, because it got a seperate allotment of funding.

Ultimately, up to 9,000 households could be helped by the new program, which officials said will help landlords, too.

But even then, it will be only a stopgap measure amid a pandemic with no end in sight, and threatening to force many more out of their homes, leaders warned on Wednesday.

“It’s a moment that’s testing our resolve and our resilience,” said L.A. County Supervisor Mark Ridley-Thomas, who along with his four colleagues on the Board voted to allocated the money.

It’s a giant leap from the county’s $3 million relief fund established earlier on in the outbreak.

“This pandemic has taken an unimaginable toll and wreaked havoc on our economy,” Ridley-Thomas said. “So many people are struggling just to feed themselves and their families, and have no idea how to pay their rent.”

Indeed, by May, the pandemic had already forced nearly 600,000 Los Angeles County workers out of a job, according to a UCLA Luskin Institute study, which showed that 449,000 of those unemployed, and with no income, live in about 365,000 rental units.

More than 365,000 L.A. County households face eviction — a reality faced by millions across the state if the state’s Judicial Council votes this week to end its eviction moratorium on Sept. 1.

Several state leaders have warned that 4 million Californians could lose their homes if the moratorium ends — a prospect that had L.A. County leaders and housing advocates worried this week about adding to a growing homeless population in a region that already faces multiple crises: Housing, recession and COVID-19, among them.

One in six Southern California tenants failed to pay their June rent on time, a U.S. Census survey found. But so far they’ve been protected by local and state eviction bans.

The relief fund is open to all renters in Los Angeles County, regardless of immigration status, who qualify based on income and “have struggled to pay rent, due to the COVID-19 pandemic.”

Half of the $100 million is targeted to zip codes where people are most vulnerable to eviction.

Vulnerable areas are spread across the county, but particular clusters include the Pomona area and El Monte, Paramount, Inglewood, Hawthorne and northern L.A. County.

Criteria include:

> Those who are currently at 30% of the median income can receive up to $10,000.
> Those who are currently at 50% of the median income can receive up to $7,500.

For instance, a two-person household making 30% of the median is making about $27,000, said Emilio Salas, acting executive director of the LACDA. They would be “fast-tracked” based on income and zip codes. For geographic regions not at high risk for eviction, renters at 50% of the median income or below will be able to apply and will be assigned to a Service Planning Area based on their ZIP code, according to the county.

To determine who gets the money, officials will use a formula by the Federal Community Development Block Grant Program that takes into account population, poverty, and overcrowded housing. Then, a lottery of eligible applicants will be run at the end of the application process.

Applicants would also be assessed on:

> Loss of income due to workplace closure or reduced hours;
> Loss of income or increased childcare costs because daycare or schools are closed;
> Medical costs for a resident or a household member who is sick with COVID-19; and
> Loss of income due to government-ordered emergency measures after March 13, 2020.

Ultimately, the rent subsidy would be paid directly to the property owner, but only once the tenant has been qualified by providing documentation proving eligibility and only once the property owner has agreed to participate in the program.

Such funding is vital for people on the brink of losing a roof over their head.

Out of a job during the pandemic San Gabriel Valley resident Anja Carrillo was on the cusp of being evicted when she found the earlier, smaller relief fund. A single mother with a 7-year-old son, it offered peace of mind.

“I’ve been working all my life,” she said. “Being unemployed, it was not knowing how to proceed. Not knowing what the future holds. It gave me a lot of anxiety. It gave me a piece of mind. If you feel like you’re going to be homeless in a month, you really don’t know what to look forward any more.”

Many have already felt that sting. Just last week, the Los Angeles County Sheriff’s Department resumed close to 1,000 eviction lockouts from pre-COVID, court-ordered evictions.

Property owners said Wednesday that the county’s renters relief fund was more digestible than the city of L.A.’s, which provided $103 million with a goal of helping 50,000 city households.

Daniel M. Yukelson, executive director of the Apartment Association of Greater Los Angeles, said his group “applauded” the county’s action — even though it will likely make only a small but needed dent in the effort to avert a crisis.

“They’re simpler and more enticing than the city of LA has put into place,” he said, adding that L.A. city’s rules ask owners to sign on for a longer moratorium freeze on evictions and a freeze on rents.

“The county of L.A. is much smarter than the city of L.A., and they want owners to embrace the program,” he said.

He hoped that similar programs would help stave off a foreclosure crisis for many smaller property owners, who he said depend on their rents for income and who have their own mortgages to pay.

Yukelson said that ultimately, help for tenants needs to come from government, rather than leaning on owners to forego their rents.

“This is where the assistance needs to come from to help rent-burdened tenants in California,” he said. “It needs to come from the government, not from private citizens. Rental owners should not be forced into a position of providing private welfare.”

The larger renters relief fund opening on Monday coincides with a major push in Sacramento to extend the moratorium ban, and major lobbying to get Congress to inject more emergency stimulus funding into the economy.

Los Angeles County’s moratorium has been extended to Sept. 30. The state Judicial Council order — now facing review — stopped courts throughout the state from processing eviction cases.

Gov. Gavin Newsom said on Wednesday that he hoped the Judicial Council, which oversees state courts — would extend the moratorium until Sept. 1 to give the state Legislature, in collaboration with the governor’s office, more time to come up with new legislation that would give renters and landlords relief. Underpinning that urgency was that the state Legislature recesses on Aug. 31.

And then there’s Congress, which has failed to find agreement on dueling emergency funding packages, putting at stake more federal money into housing assistance. With that failure, $600 federal unemployment checks have gone up in smoke.

As much as supervisors touted the new rental relief, they acknowledged how tenuous the situation is — given the huge demand for rental help.

“This is $100 million that will last two weeks,” said Supervisor Janice Hahn, who questioned whether the $100 million would even last for the two-week application period. “We are pretty sure that it will be gone in two weeks. There’s so much need out there. There’s so much suffering out there. We’re always hoping the federal government will come together and get a stimulus package out to us, because this won’t even begin to cover all the people who need it.”

(LA Daily News)

Israel deploys Light Blade laser system to Gaza border following wave of arson attacks

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The laser defense system, designed to intercept airborne threats such as drones and kites reportedly has an effective range of 1.2 miles.

Israel’s Light Blade laser defense system, designed to intercept airborne threats launched from the Gaza Strip, was deployed operationally for the first time on Tuesday.

Said to be the first defense system of its kind in the world, the Light Blade will target incendiary balloons and kites from Gaza, which have started countless fires in western Negev communities in recent years, as well as drones.

The past week has seen a rapid rise of cross-border arson attacks, with terrorist groups in Gaza launching explosives-laden balloons into Israel. On Tuesday alone, such attacks caused some 60 brush fires across southern Israel. In response, Israeli aircraft struck Hamas targets in Gaza overnight Tuesday.

The Light Blade system was developed by three civilian engineers working with Ben-Gurion University researchers and the technology branches of the Israel Police and Israel Defense Forces. The project was led by Border Police Commissioner Maj. Gen. Yaakov Shabtai.

According to available details, the system is capable of engaging targets with an effective range of 1.2 miles, day or night.

Shabtai said last year upon the system’s initial unveiling that Light Blade “provides a near conclusive response to everything relating to balloons and kites, and delivers a safe and effective solution to the drone threat.”

Earlier this week, Israeli Defense Minister Benny Gantz and IDF Chief of Staff Lt. Gen. Aviv Kochavi warned that if the campaign of balloon terror persists, Israel would respond in a “significant” manner.

On Monday, Gantz ordered the IDF to temporarily shut down operations at the Kerem Shalom crossing between Israel and the Gaza Strip.

“Such incidents will first and foremost hurt the residents of the Gaza Strip and the efforts to improve its economic state for the welfare of the Palestinian people,” the Defense Ministry said in a statement.

“Israel and the IDF will react forcibly against any infringement on our sovereignty and any harm that comes to Israeli civilians.”

Hamas officials told Israel Hayom on Monday that the organization will not prevent further escalation unless Israel meets its demands with respect to easing the blockade on the coastal enclave.

(World Israel News / Israel Hayom / JNS).

Israel and US test ‘Arrow 2’ missile interception system

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Israel and US test ‘Arrow 2’ missile interception system.

The Israel Missile Defense Organization (IMDO), of the Directorate of Defense Research and Development (DDR&D), in the Israel Ministry of Defense, together with the American Missile Defense Agency (MDA), and the Israeli Air Force (IAF), on Wednesday evening completed a successful test of the Arrow-2 weapon system.

The test was led by Israel Aerospace Industries (IAI) and conducted at a site located in central Israel.

Throughout the test, the Arrow-2 system successfully engaged a Sparrow target missile, which simulates a long-range surface-to-surface missile. The campaign was conducted in accordance to the defense establishment’s plans.

Defense Minister Benny Gantz said, “Israel must face challenges both near and far, and our ‘elite technological unit’ led by the DDR&D, IAI, and additional defense industries, ensures that we will always be one step ahead of our enemies, and that we will defend Israeli skies from any threat.”

The joint Israeli-American test reflects the partnership and friendship between the two countries as well as the deep commitment of the United States to the safety of the citizens of Israel. We will continue to work together to strengthen the capabilities of the defense establishment in the air, land and sea, as well as in cyberspace.

During the test, the updated capabilities of the Arrow system to contend with current and future threats, were validated. The interception was conducted by IAF service members together with engineers from the institutions involved in the system’s development. The various layers of Israel’s air defense mechanism were employed in this test, in order to ensure their readiness and efficacy in operational scenarios.

This successful interception test joins a series of additional achievements, including the Arrow-3 test campaign conducted by the IMDO and MDA last year, in Alaska. Both systems demonstrated advanced operational capabilities.

The integration of both systems in Israel’s air defense mechanism significantly expands and enhances the state’s capability to defend against current and future threats.

(Arutz 7).

 

Kamala Harris Wants to Ban Fracking

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Kamala Harris, Joe Biden’s running mate, has made her stance on fracking clear. She wants to eliminate it.

Fracking is a way of extracting natural gas from the ground using a horizontal drilling process that pumps water, sand and chemicals into the ground, fracturing rocks and releasing natural gas.

Her position is similar to that of Biden’s. During a Democratic Party presidential debate on the topic, he said there would be “no more, no new fracking,” under his administration if he is elected.

Harris seems to take it a step further. When she was in the running as a possible presidential candidate for the Democrat Party, she said she would support a fracking ban during a CNN presidential town hall.

“There’s no question, I’m in favor of banning fracking,” Harris said.

If Biden and Harris ban fracking, the U.S. Chamber of Commerce’s Global Energy Institute estimates 19 million Americans jobs would be eliminated between 2021-2025. In addition to losing jobs, the GDP would be reduced by $7.1 trillion.

The Global Energy Institute’s report, which was released in December, predicts energy prices would increase with natural gas prices rising by 324%, if a fracking ban is implemented. A fracking ban would lead to household energy bills to quadrupling and the cost of living to increase by $5,661 for the average American. By 2025, the price of gasoline would double and government revenues would fall by almost $1.9 trillion, according to the report.

Reports show that the state of Pennsylvania would be hit the hardest by a fracking ban. The state could lose more than 600,000 jobs if a ban was implemented.

Pennsylvania wouldn’t be the only state negatively impacted by a fracking ban. Ohio and Colorado would also lose a large number of jobs, according to the American Petroleum Institute.

By 2022, Ohio could lose as many as 500,000 jobs, according to API. In Colorado, more than 350,000 jobs could be eliminated. API estimates that job losses due to a fracking ban could total 7.5 million by 2022. About 2.5 million positions in Texas, California and Florida would be gone. Other states impacted include North Dakota, Oklahoma, New Mexico, Wyoming, Louisiana, West Virginia and Kansas.

API reports that a fracking ban could result in the country losing progress toward energy security and return to dependence on foreign suppliers of natural gas and oil. A fracking ban could result in farmers seeing their incomes decline 43%. API also estimates household energy costs could increase, on average, $618 per year even while consuming 12% less energy – including higher prices for gasoline, natural gas, electricity and heating oil.

According to API, more than 95% of new natural gas and oil wells drilled are developed with fracking.

(Matzav / Newsmax).

Stein Mart Files For Bankruptcy; To Close Nearly 300 Stores

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National discount department store chain Stein Mart has joined
the growing line of major stores that have filed for bankruptcy.

Stein Mart filed for bankruptcy on Wednesday after 112 years in business, and announced that it will close most, if not all, of its 280 stores.

“The combined effects of a challenging retail environment coupled with the impact of the Coronavirus (COVID-19) pandemic have caused significant financial distress on our business,” wrote Chief Executive Officer Hunt Hawkins in a news release. “The Company lacks sufficient liquidity to continue operating in the ordinary course of business.”

Headquartered in Jacksonville, Florida, Stein Mart has more than 280 stores in 30 states specializing in clothing, shoes and housewares at discount prices. Many of the stores are located in community shopping centers. As of May 30, the company employed about 8,400 people.

Hunt said Stein Mart will continue to operate normally “in the near term,” and is evaluating the potential sale of its eCommerce business. A going-out-of-business sale will begin Friday or Saturday, according to spokeswoman Linda Tasseff, who said she anticipates all stores will close by the fourth quarter of 2020, with closing dates varying by store.

“Please know that this was an extremely difficult decision, and is deeply disappointing for all of us at Stein Mart,” Hunt said in a written statement. “We have loved serving our communities over the years and are so grateful to our loyal customers who chose to shop our stores.”

Stein Mart closed its businesses in mid-March because of the pandemic. It began reopening in April, and eventually reopened all of its stores with reduced hours. It borrowed $10 million in June under the federal Paycheck Protection Program. The company first started doing business in 1908, in Mississippi.

More than 40 retailers have filed for Chapter 11 this year, including more than two dozen retailers who filed since the pandemic began. Last year, 23 retailers filed for Chapter 11.

Among them: America’s oldest retailer, Lord & Taylor; J. Crew; J.C. Penney; Neiman Marcus; Men’s Wearhouse; Jos. A. Bank; Stage Stores; and Ascena Retail Group, which owns Lane Bryant and Ann Taylor.

(Vosizneias / AP).

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