The massive $16-billion mortgage fraud settlement agreement just reached by Bank of America and federal authorities — only the latest in a string of such settlements — makes it easy to lose sight of what good shape banks are in.
The Great Debate
Ukrainian troops have made huge headway routing the separatists in the east. They are in the process of choking off the cities of Luhansk and Donetsk, to which many of the separatists have retreated. The Ukrainian military appears primed to besiege the cities. As Ukraine has gained, Putin has prepared Russia for invasion: as of Monday, Ukraine says there are 45,000 combat-ready troops are amassed at the border. The chance that Russia invades is certainly going up.
A column by weapons analyst David Axe was published by Reuters Opinion on July 25, 2014, (Israel’s Iron Dome is more like an iron sieve). Physicist Theodore Postol of the Massachusetts Institute of Technology was one of the experts quoted in Axe’s column. He opposes the construction of missile defense systems largely on the ground that they cannot be made to work under nearly any circumstances. Based on his research, Postol believes that fewer than 10 percent of Iron Dome’s intercepts are successful.
Africa is the new frontier for the U.S. Defense Department. The Pentagon has applied counterterrorism tactics throughout the Middle East and, to a lesser extent, Central and South Asia. Now it is monitoring the African continent for counterterrorism initiatives. It staged more than 546 military exercises on the continent last year, a 217 percent increase since 2008, and is now involved in nearly 50 African countries.
While the troops of Israel’s Air Defense Command are blasting Grad and Fajr rockets shot from Gaza out of the sky with success, there are an obsessive few who try to blast Iron Dome’s evident achievements into oblivion. They insist on trivializing the missile-defense system’s rock-solid record because the facts don’t fit their theory that no missile defense system can ever work.RELATED COLUMNS David Axe: Israel's Iron Dome is more like an iron sieve EDITOR: Two views of Iron Dome's success in IsraelThe chief Iron Dome scold is Ted Postol of Massachusetts Institute of Technology, a professor with academic standing but no experience in designing or managing the development of modern missile systems. He postulates that missile defense is innately belligerent and as quixotic as “the idea that a nuclear war can be won” but admits that the public would not readily agree with his views. He casts missile defense as irretrievably faulty and wasteful, with Iron Dome — the product Israeli technical savvy and U.S. defense funds — squarely in his sights.
In June, the American College of Physicians (ACP) reported what many doctors have known for years: There is little justification for the widespread practice of the annual pelvic exam. In its clinical guidelines, the physicians group recommended against performing the exams for non-pregnant women who don’t have pelvic pain or other symptoms that suggest a gynecologic problem. These guidelines do not apply to Pap smears for cervical cancer screening, for which there is strong evidence for their continued use. They apply to the pelvic exam, where the clinician first uses a speculum to perform an internal exam, and then with his or her hands, feels for pelvic organs.
The conversations at the U.S-Africa Leaders Summit in Washington this week, Secretary of State John Kerry said on the first day, are very different from discussions about Africa 15, or even 10, years ago.
from Stories I’d like to see:
1. Inside Qatar: the terrorists’ benefactor and America’s friend
As the war in Gaza continues, we keep hearing that one pipeline for negotiations with Hamas goes through Qatar, the tiny, oil-rich kingdom in the Gulf that has friendly relations with Hamas. In fact, Qatar hosts the leaders of Hamas and provides financial support.