How State Spooks Supply ‘Security’

Why does “the National Interest” demand that Jewish children hitchhiking home remain in jail, while Arabs approaching Jewish towns with hammers and screwdrivers be released?

Thursday night, a friend and I are hitchhiking home from yeshiva for Shabbat. We left late and thus find ourselves stuck at Elad Junction at 3 A.M. (classic teenage planning….) Suddenly, a white vehicle stops next to it. Two men in plainclothes jump out from it and present themselves as police officers. Apparently our long payos, caught their attention… They immediately begin searching our bags. Suddenly one of them victoriously raises an object in the air and shouts, “A cutter and a marker!” Before we even realized why my hobby of carving trees was so important, we found ourselves in handcuffs being led to the Unit for Nationalistic Crimes. One of the officers snidely told us, “They’ll know how to deal with people like you.”

We got to the Unit’s headquarters in Maale Adumim and the officers there were quite pleased to see us. They were happy to deal with “dangerous, Jewish terrorists.” I found myself being interrogated for several hours for “Involvement in a crime with racist motivation.” They accused me of intending to use the cutter to puncture ‘Palestinian’ tires, even as I began explaining my hobby of wood-carving to them. The lack of Arab towns near Elad also seemed to be lost on the interrogators. But no matter, they brought me the next day for a hearing in court.

Just before our hearing, we got to observe the hearing of an Arab youth caught with a firebomb in his hand. The judge ordered the boy released because he was just a youth. It seemed as though I’d have good chances with this judge…

Somehow in my case, the judge’s compassion was not so forthcoming. She explained that she could not release me because there is “a national interest against this youth.” In short, she ordered me kept in jail for four more days and gave the interrogators more time to harass me for hours on end. As part of one interrogation tactic, they even arrested my mother in order to apply pressure on me. This tactic that has been explicitly banned by the courts, but the ‘national interest’ here must have overruled that precedent. After four days, and many conversations on wood-carving, I was ordered released.

Yet the story does not end there. After the prosecution realized they could not connect the two ‘Jewish terrorists’ to any crime, they decided to try another route and filed an indictment for possessing a knife. They then requested remand for the duration of the proceedings relating to this misdemeanor offense. While the judge did not agree to their request, he did place me under house arrest. From what my lawyers have told me, I may be the only person in the history of the State to sit under house arrest for this charge. I guess that shouldn’t be so surprising though, given the ‘national interest….’

Just a pair of kids from Hizme

Let’s move a year forward to recent days of violence and rioting. The Henkin Couple was murdered a few months ago and since then, shootings and stabbings have become commonplace throughout Israel. On Wednesday March 2nd, another regular day, two Arabs penetrated the town of Eli and attacked the father of a family. Later that night, two Arabs penetrated the town of Bracha and stabbed two soldiers. As that attack was going on, two other individuals were seen approaching the town of Yitzhar. The Emergency Response Team was called and forces arrived at the scene. Two Arab youths from Hizme were caught in the area with iron bars, hammers, and gloves.

Shabak interrogators arrived and questioned the two ‘innocent’ Arab youths. The youths claimed they came from the Jerusalem area to look for gold near Yitzhar. The interrogators immediately recognized this as a reasonable claim and decided to release the two youths. They were just looking for gold! After all, Yair Lapid did say that all of the money is buried between Itamar and Yitzhar! It makes perfect sense!

The mother of these two youths was not arrested. They were not even brought for a court hearing. The gold-seeking Arabs were sent home without any restrictions. After all, I guess there simple was no ‘national interest’ against them…

From Hakol Hayehudi, here.

Take Your Money Out of the Bank!

Two BIG Reasons NOT to Keep Your Cash in the Bank

It’s bad enough depositing your money into a bank account and earning essentially zero interest on it, or in some countries, having a negative interest rate.

It’s even worse knowing that once you deposit your money in a bank, it’s not really yours anymore. You have turned over your property to the bank in return for a debt claim. You become an unsecured creditor holding an IOU.

Worst of all, there’s the “bail-in,” which we all became familiar with during the 2013 banking collapse in Cyprus. Some uninsured depositors got half of their money back, although, at one bank, customers received nothing of their deposits over the “insured” amount.

In 2014, the leaders of the Group of Twenty (G20) – representing the world’s 20 largest economies – declared the Cyprus model should apply globally. They did so in a mind-numbing tome entitled Adequacy of Loss-Absorbing Capacity of Global Systemically Important Banks in Resolution.

Deposits in banks that are “too big to fail” will be promptly recapitalized with their unsecured debt. And… guess what? The largest chunk of unsecured debt is your bank deposits. Insolvent banks will recapitalize themselves by converting your deposits into worthless bank stock. This avoids taxpayer-funded bailouts that proved politically unpopular during the last financial crisis.

Oh, and get this… the G20 has also declared that derivatives – the toxic contracts Warren Buffett calls “financial weapons of mass destruction” – are secured debts. Since your bank deposits are only unsecured debt, guess who gets your money if the bet goes the wrong way for the bank? Answer: It’s not you.

Heads, the bank wins. Tails, you lose.

It’s practically guaranteed, too, that in the next financial crisis, there’ll be a whole slew of bank failures. That’s despite the fact that the mainstream financial media assures us that central banks have imposed higher capital requirements, stress tests, etc., on banks to ensure that when the “big one” hits, your deposits will be safe.

Don’t believe a word of it. The amount of capital that banks hold compared to the money on deposit is frighteningly low. In the US, the five largest banks have a capital ratio as a percentage of assets of only 6% – although that’s double what it was in 2008. In effect, if every depositor in a bank demands their money back simultaneously – the classic “bank run” – the largest US banks could repay only six cents on the dollar before they ran out of money. And since most banks don’t keep a lot of cash on hand, it could even be less.

It’s worth remembering that historically, US banks were much better capitalized. For instance, in 1842, US banks had an average capital ratio of 60% – ten times that of the largest banks today. That was an era in which bank competition was based on safety because no deposit insurance was in effect.

This chart from Bloomberg News says it all:

Sure, in many countries your bank deposits are “insured.” In the US, the first $250,000 in your account qualifies for deposit insurance through the Federal Deposit Insurance Corporation (FDIC). But for every $100 on deposit, the FDIC has only $1.06 with which to back it. Doesn’t that make you feel warm and fuzzy about the safety of your bank deposits?

Continue reading…

From Lewrockwell.com, here.

The Latest in the Arab-Israeli War on Jews

An American tourist was murdered and 16 Jews were injured in over 150 terror attacks this week.

This week as almost every week there were dozens of terror attacks of varying severity not reported in most major media outlets. We report on these silenced events to present a fuller picture of the reality in Israel and balance the picture presented to innocent readers abroad. We hope that by reporting these incidents we can raise awareness so that actions can be taken to rectify this problem and improve reality in the Jewish State.

This past week (Mar. 4th- Mar. 10th) there were over 150 terror attacks recorded in the ‘Silent Intifada’ updates onHakol Hayehudi. These attacks resulted in the murder of an American tourist and injuries to 16 Jews.

On Friday Mar. 4th, an Arab woman rammed into a soldier at the Gush Etzion Junction injuring him.

On Tuesday Mar. 8th an Arab on a motorcycle shot at a group of police officers near the Shechem Gate of the Old City of Jerusalem. During the chase after the attacker, another police officer was also shot. Two officers were injured in total.

On the morning of Wednesday Mar. 9th, Arabs shot at a bus station in Ramot. One Jew was injured as a result. The attackers then fled towards the Old City and during a shoot-out with police officers, an Arab passerby was injured.

On Tuesday afternoon, an Arab stabbed a Haredi man in Petach Tikvah. The victim pulled the knife out of his neck and managed to stab the attacker in return.

Two hours later, an Arab went on a stabbing spree in Jaffa. An American tourist was murdered and nine others were injured. The police officer who shot the attacker is currently being investigated by the police for using ‘unnecessary force.’

There were also five attempted stabbings in Abu Dis, the Old City of Jerusalem, on Route 5 in the Shomron, in Kedumim, and in Qalandiya.

Aside from these attacks there were numerous incidents of throwing of stones and firebombs at vehicles, individuals and homes.

Full List of Attacks:

Thursday March 10th

  • Arabs throw stones in Nahlin.
  • Arabs throw stones in Al-Moyer.
  • Arabs throw stones in Silwan.
  • Arabs throw stones in Sheikh Jarrah.
  • Arabs throw stones in Shuafat.
  • Arabs throw stones near Gitit in the Jordan Valley.
  • Arabs throw stones near Rachel’s Tomb.
  • Arabs throw stones near Jericho.
  • Arabs throw firebombs in Jabal Muchbar in Jerusalem.

21:45- Arabs throw firebombs at a security post near Beit Orot in Jerusalem.

21:44- Arabs throw firebombs at vehicles near Al-Hadr in Gush Etzion.

21:43- Arabs throw firebombs at vehicles on Route 50.

20:09- Two rifles are found in a vehicle belonging to Arabs from the Jordan Valley.

19:44- Arabs throw stones at vehicles in Gush Etzion near Al-Hadr.

14:28- Two Arabs are seen setting a fire near Route 443.

13:43- Arabs throw stones at vehicles near Beit Anun.

19:40- Arabs riot in Shuafat.

8:59- Arabs throw stones at vehicles near Peduel.

Wednesday March 9th

  • Arabs throw stones in Shechem.
  • Arabs throw stones in Kabatia.
  • Arabs throw stones in Naama.
  • Arabs throw stones in Atarot.
  • Arabs throw firebombs in Al-Ram.
  • Arabs throw stones near Rehelim.
  • Arabs throw stones near Karmei Tzur.
  • Arabs throw stones in Ras Al Amud.
  • Arabs throw stones in Issawiya.
  • Arabs throw stones near Gush Talmonim.
  • Arabs throw homemade grenades at IDF forces in Duha.

22:52- Arabs throw stones at a bus in Uja.

22:40- A police officer is injured from stones thrown by Arabs in A-Tur.

20:29- Arabs throw firebombs at a bus in Silwan.

18:29- Two Arabs are arrested after penetrating Havat Gilad.

15:37- Arabs throw stones near Ariel.

15:16- Arabs throw stones at vehicles on the Husan Bypass Road.

13:32- Arabs throw stones at vehicles near Rehelim.

11:46- Arabs throw stones at vehicles near the Lion’s Gate of the Old City injuring one Jew.

11:00- Attempted stabbing: An Arab approaches Mitzpe Yishai near Kedumim with a knife.

9:49- Attempted stabbing: An Arab attempts to stab soldiers on the A-Zaiya Bridge on Route 5 and is subdued.

8:33- Shooting: Arabs shoot at vehicles near Kikar Tsahal in Jerusalem. An Arab passerby is injured.

7:40- Shooting: Arabs shoot at a bus in Ramot, injuring one Jew.

Tuesday March 8th

  • Arabs riot in A-Tur in Jerusalem.
  • Arabs riot in Silwan in Jerusalem.
  • Arabs riot in Hizme in Binyamin.
  • Arabs riot in Issawiya in Jerusalem.
  • Arabs throw stones in Ras Al Amud in Jerusalem.
  • Arabs throw stones at vehicles near Tekoa.

20:48- Arabs throw firebombs at a police checkpoint in A-Tur in Jerusalem.

20:37- Arabs throw stones at a bus near Uja in the Jordan Valley.

18:25- Stabbing: An American tourist is murdered in a stabbing in Jaffa. Nine others are injured.

17:08- Shooting: An Arab on a motorcycle shoots at police officers near the Shechem Gate in Jerusalem. Two officers are injured.

16:30- Stabbing: An Arab stabs a Jew in Petach Tikvah. The victim pulls the knife out and stabs the attacker in return.

15:24- Arabs throw stones at vehicles near the Zeit Junction in Judea causing damage to a vehicle.

13:20- Arabs throw stones at vehicles near the Okafim Junction in Gush Etzion.

13:15- Arabs throw stones at vehicles near Anata Junction causing damage.

12:51- Arabs shoot paint balls at vehicles on the Husan Bypass Road in Gush Etzion.

12:01- Attempted stabbing: An Arab is caught at the Qalandiya checkpoint with a knife.

10:50- Attempted stabbing: An Arab attempts to stab police officers on the Hagai Street in the Old City of Jerusalem.

Monday March 5th

  • Arabs throw firebombs in Ras Karkar.
  • Arabs throw firebombs in Issawiya.
  • Arabs throw firebombs in A-Tur.
  • Arabs throw stones in Beit Anun.
  • Arabs throw stones in Misiliya.
  • Arabs throw stones near Al-Bira.
  • Arabs throw stones in A-Tur.
  • Arabs throw stones at Tapuach Junction.
  • Arabs throw stones near Rachel’s Tomb.
  • Arabs throw stones near Beit Furiq.
  • Arabs throw stones near Jeba.
  • Arabs throw stones near Tekoa.
  • Arabs throw stones near Hizme.

21:44- Arabs riot in Jenin.

20:33- Arabs throw firebombs at vehicles near Beit Umar in Gush Etzion.

18:00- Attempted stabbing: Border police see an Arab acting strangely and discover a knife in her bag. The Arab admits to planning an attack.

17:20- Arabs throw firebombs and stones at vehicles near the Parsa Junction in Gush Talmonim.

16:55- Arabs throw stones at vehicles near the T-Junction in Gush Etzion causing damage to a vehicle.

15:42- Arabs throw IEDs at Rachel’s Tomb.

15:30- A tourist is injured from stone throwing by Arabs near the Lion’s Gate of the Old City of Jerusalem.

15:11- Arabs throw stones at vehicles near Al-Hadr in Gush Etzion.

13:38- Arabs throw stones at vehicles on the Mount of Olives causing damage.

12:37- Arabs throw stones at Jit Junction.

8:35- Arab children throw stones at vehicles near the Beitot Junction.

Sunday March 4th

  • Arabs throw stones in Refidia.
  • Arabs throw firebombs in Beit Rima.
  • Arabs throw stones in Silwan.
  • arabs throw stones in Harvat Al Matzbach.
  • Arabs throw stones in Husan.
  • Arabs throw firebombs in A-Ram.
  • Arabs throw stones in A-Ram.
  • Arabs throw stones in Beni Naim.
  • Arabs throw stones in Zeita.
  • Arabs throw stones near Rachel’s Tomb.
  • Arabs throw stones in Hizme.
  • Arabs throw stones in Qalandiya.
  • Arabs throw stones in Shuafat in Jerusalem.
  • Arabs throw firebombs at IDF forces in Ras al Amud.

21:15- Arabs throw IEDs at an army post near Mevo Dotan.

21:05- Arabs throw stones at vehicles on the Husan Bypass Road causing damage to a vehicle.

7:13- Arabs riot in A-Tur in Jerusalem.

Shabbat March 3rd

  • Arabs throw stones at vehicles in Hizme.
  • Arabs throw stones at vehicles near Zeita in the Shomron.
  • Arabs throw stones near Kadum in the Shomron.
  • Arabs throw stones at IDF forces in Issawiya.
  • Arabs throw stones in A-Tur.
  • Arabs throw stones in Tzur Bahar.
  • Arabs throw stones at vehicles near Jeba in Gush Etzion.
  • Arabs throw stones at vehicles near A-Tira.
  • Arabs throw stones near Rachel’s Tomb.
  • Arabs throw stones near Harvata.
  • Arabs throw stones near Al-Matzbach.
  • Arabs throw stones at IDF forces in Al Ram.
  • A Jewish couple is attacked by Arabs in Nachal Shilo near Beit Arye. The Arabs steal property from the couple as well.

21:46- Arabs throw firebombs at vehicles near Nof Zion in Jerusalem.

20:38- Arabs throw firebombs at vehicles in Armon Hanatziv in Jerusalem.

Continue reading…

From Hakol Hayehudi, here.