Saturday, September 26, 2026
Tango: "Uno"
Kissinger on Iran
Iran has to decide if it is a country or a cause.
He quotes Khoumeyni: The war against Satan is eternal, because Satan is eternal.
Kissinger suggests forming a Sunni bloc plus Israel to balance Shi'a Iran. At the time, the Houthis were still in the remote mountains. Confirming that dangerous enemies are waiting on the margins.
Wednesday, September 23, 2026
Working after Eighty?
More work orders are coming in; projects I can do. I received a nice dividend and invested in BAZAN. Which, naturally, immediately became cheaper. I have faith in BAZAN, the Haifa Oil Refinery, as diesel is becoming scarce and expensive all over the world. I am watching the humiliation ceremony in the United Nations General Assembly; every leader religiously voices their rejection of Israel and their love for the Palestinians. A Catholic altar was erected in the Extermination Camp of Treblinka, and it is a pilgrimage magnet for Catholic youth. After WWII, the neighbors came and turned the earth looking for gold teeth in the half-rotten bodies. It reminds me of the Cathedral built on the foundations of the Mexican Templo Mayor in Tenochtitlan.
I'll sleep a bit and restart my work.
Sunday, September 20, 2026
Ariana Harwicz: Persona Non Grata in Madrid
En la misma semana en la que el plantón de 28 participantes en el Festival de las Ideas de Madrid llevó a la cancelación del patrocinio de la aseguradora Allianz (acusada de financiar al Gobierno de Israel en la guerra de Gaza), la escritora argentina Ariana Harwicz ha denunciado su expulsión del Il Festival Internacional de Arte, Literatura y Humanidades Cultur-Alh que se celebrará durante toda la semana en Granada. Según Harwicz, la dirección del Festival le anunció que no podía garantizar su seguridad ante la presión de grupos de apoyo a Palestina y que, por tanto, suspendía su charla con el escritor Jesús Ortega."Desde entonces, no me han contestado las llamadas ni los mensajes", explica la autora de El ruido de una época.
She is a celebrated Argentine writer, a fighter for freedom of expression. Local pro-Palestine groups demanded that the Granada Festival of the Arts cancel her. Because she is Jewish.
Saturday, September 19, 2026
Krugman eternal
Krugman is one of the very few economists who understood something obvious. Liquidity. I respect him.
Now I am not suggesting that real-world policy should be dictated by fears inspired by works of fiction. After all, fear is the mind-killer. But the reality of weaponized interdependence is now all around us." Nothing changed; it was always so.
Friday, September 18, 2026
Bin Salman Orphaned
So why is this regional power being humiliated by its neighbors today? "The Saudis funded the formal Yemeni army with hundreds of millions, and they were simply lied to about the troop numbers," Eilam explained. "They paid enormous sums per head, and in practice those soldiers didn't exist. Right now, the Houthis are dictating almost everything to Saudi Arabia, and Saudi Arabia has almost no options on the table against the Houthis. I estimate that bin Salman will fairly soon submit an instrument of surrender."
Eilam noted that it was Saudi Arabia itself that started this campaign. "On July 13 they struck Sanaa airport and prevented the landing of an Iranian plane carrying members of the Revolutionary Guards. Bin Salman, as usual, zigzagged, hesitated, went right and left, and the whole thing fizzled out."
And now Saudi Arabia is alone: the United States has announced that it has no intention of striking in Yemen, and the trilateral military alliance recently signed between the kingdom, Pakistan and Turkey is not proving itself either. Is this Israel's place to step into the vacuum? "Israel should definitely take advantage of this situation, but we need to take advantage of it with the bill presented immediately," he ruled. "Our condition has to be very clear: 'You join the Abraham Accords for full normalization, and you don't even mention the Palestinian issue.' Without that, not a single hair will move toward Bab el-Mandeb — and Israel has a great deal to offer."
Let's step ahead: If Saudia reverts to chaos, what will 260,000 unemployed soldiers do? Some units will try to seize power. Without oil exports, the vast peninsula is one of the poorest places on Earth.
Tuesday, September 15, 2026
Its Hour Has Arrived: Saudia Begging for Help
The UK received requests from Saudi Arabia for a range of diplomatic and military support. The Saudi requests include operational support for its military to repel the Iranian-backed group's push along Yemen's Red Sea coast toward the Bab al-Mandeb Strait, as well as assistance in defending against attacks on its oil infrastructure, according to Bloomberg.
The Saudi King will meet Egyptian President Al-Sisi tomorrow. The Yemenis have taken possession of the Bab-el-Mandeb Strait, cutting off Saudia.
We may be their last resource, but they have rejected the Abraham Accords. Saudia is not very far, just in front of Sharm el-Sheikh on the Red Sea.
Poverty in Cuba
Sunday, September 13, 2026
Aquaphobia
Exposure therapy is the preferred treatment. During this type of therapy, the patient will be exposed to the source of the phobia — in this case, water. With cognitive behavioral therapy, the patient learns to challenge his thoughts and beliefs about water. By learning, the patient will develop strategies to cope with those thought patterns and beliefs.
Thursday, September 10, 2026
Sterilizing God's Army
A few minutes ago, a magnitude 4.1 tremor was felt in Lebanon following the explosion of the Hezbollah underground base deep in the Ali Tahr Ridge.
Thus Spoke Nietzsche and He Was Right!
Sunday, September 6, 2026
Zionist growing pains
Thursday, September 3, 2026
Summer Down
My Givat Ada gas station was rejected - I misunderstood the instructions. Also, the Petach Tikva project was rejected due to an incorrect pipe slope. I almost had no income from work in August. Depressing. I am starting to make mistakes; at my age, it is only natural.
Wednesday, September 2, 2026
A mi! La Legion!
Spain Excited
Tuesday, September 1, 2026
The Lavi Fighter Jet did not die
It was never published that China bought the Lavi's designs to accelerate the development of a domestically produced fourth-generation fighter jet. The funds China paid covered the project's costs in Israel. Instead of the Lavi, Israel bought American fighters.
I read in Hebrew Moshe Ahrens's book Flags over the Warsaw Ghetto, on the neglected role of the right-wing (Jabotinsky-inspired) youth movements in the revolt. The Labor governments of Israel glorified Mordechai Anilevich and the role of the socialist movements while cancelling the heroism of their political rivals. Ahrens writes that it was impossible to start the revolt while people hoped to survive the war; only near the very end did they understand that the ghetto was to be liquidated and there was no more chance of survival.
Monday, August 31, 2026
Risky investment
I have been reflecting on investing in BAZAN for almost a year because it is the only large refinery in the Eastern Mediterranean, and its spread is growing with each missile in the Persian Gulf. Yet, it is a refiner sitting in a missile-exposed complex with its war policy nearly exhausted, so it is a very risky investment. Anyway, I am very old and have little to lose - my future is short. I am not afraid of taking risks; I bought 3.000 U$S BAZAN stock. Let's see what happens till December 2026. Pic: the Yaroslav (Russia) refinery after taking a drone attack.
Saturday, August 29, 2026
Shaman Durek, Prince of Norway
Durek is a good-looking Afro-American alternative psychic healer and the husband of King Harald V's daughter. He runs a website and calls himself a sixth-generation shaman. As a member of the Norwegian royal family, he has a chance of one day ruling Norway. White girls fall for large, well-hung black men.
Friday, August 28, 2026
Yokneam
My daughter lives in that town; they just bought a nice apartment. The Nvidia Lab can be seen from there.
US chip giant Nvidia once again beat all forecasts in its fourth quarter results published last night. Along with the impressive numbers, the main surprise was caused by its activity in Israel - Nvidia's networking division based on the acquisition of Israeli company Mellanox. The activity, which is largely managed by Israelis such as Michael Kagan and Amit Krig and is based in Yokneam, was once again the fastest-growing division at Nvidia with 263% growth compared with the corresponding quarter last year.
Thursday, August 27, 2026
Radnóti (in Hungarian)
A Bori környék (Szerbia) rézbányái stratégiai jelentőségűek voltak a német hadiipar számára. Magyarországról több ezer zsidó munkaszolgálatost vezényeltek ide, ahol a Todt-szervezet irányítása alatt dolgoztatták őket. Köztük volt Radnóti Miklós is.
(My father and two uncles went through the same Bor mines forced labour camp).
Wednesday, August 26, 2026
Asians Never Go Crazy
The Chinese government has recognised the need for mental health support for teens. Those plans include counselling rooms in every school, psychiatric services in at least one hospital in every county and more mental health professionals. The aim is to build a nationwide system of psychological support and crisis intervention by 2030.
According to the State Council, 92% of primary schools and 95% of junior middle schools now have a counsellor. Many major cities, including Beijing, have started to incorporate mental health into the curriculum.
Pic. Exam somewhere in China. I learn something new every day.
Sunday, August 23, 2026
Why Yes to the Burka
Saturday, August 22, 2026
AI Woman
We are powerless against AI. In ten more years, it will be more intelligent than us, and we shall be unable to understand it. The perfect relationship will be with an automaton.
Severe High Temperature Warning
It is very hot in Kfar Saba, on Trailblazer Street 开路人. I cannot work. Wifey opposes air conditioning because her feet are cold. I feel tired. Pic. Sledding dogs in the Arctic.
Thursday, August 20, 2026
Hungarian Jews under Nazi Occupation
The Jewish Community of Budapest Social Committee: Jewish Brothers, in these serious times, Be Unseen and Unheard!
Wednesday, August 19, 2026
Kaifeng Jews 25 years later
When I worked in Kaifeng, I toured the Jewish Street and also had dinner with a Jewish family in their modest restaurant. The woman told me that they gave gold to Jewish refugees, which I interpreted as she expected me to give her money. I had the impression - like others visiting the city - that there were no bona fide Jews but impostors trying to milk rich foreigners. When the factory tried to connect me with a "Jewish" employee, it soon became clear that she was a Hui, that is, a local Chinese Muslim. Wikipedia has a more complete history, and it mentions that the Kaifeng Jews did in fact give gold to Russian Jewish refugees. So my impression may have been totally wrong; sorry, but the past cannot be repaired. It may even be true that the factory woman was a Jewish descendant.
Tuesday, August 18, 2026
Eichmann in Argentina
Monday, August 17, 2026
Dark Ages Ahead
I am following The Economist's weekly data table and wondering why GNP growth has stopped across the West. In the USA, the size of the workforce has fallen by over 1 million people in the past year, according to the Bureau of Labor Statistics. It’s now 169.1 million, compared with 170.4 million last July, according to agency data. The strongest factor is the ongoing retirement of baby boomers. The youngest boomers are now in their early 60s, and their continuing departure from the workforce is “the most steady thing pushing the rate lower. That’s the clear, sustained decline.
Europe is no different. But the most dramatic case is Japan, which was once the most dynamic economy of all. More than stagnating, it is contracting rapidly. If they start to sell their mountain of dollar savings, the dollar will lose its value even more.
Difficult times are a-coming. I have played my cards and shall sit on the side as a kibitzer.
Sunday, August 16, 2026
Obituary of a Scotsman
He was a direct descendant of Augusta FitzClarence, the illegitimate daughter of King William IV, who reigned for seven years until 1837. Second son of Michael Wemyss of that Ilk and chief of Wemyss, and a distant cousin of the 13th Earl of Wemyss (chief of Charteris), Andrew’s maternal grandfather was the 6th Duke of Portland, through his mother, Victoria Cavendish-Bentinck. Victoria, in turn, was the last surviving goddaughter of Queen Victoria, after whom she was named.
At the coronation of King George VI in 1937, Andrew served as a page to his ducal grandfather – whose duties that day centred on carrying the crown of the new queen. Coincidentally, Queen Elizabeth was Andrew’s kinswoman, since her mother was a Cavendish-Bentinck. Further queenly connection occurred through his mother-in-law, Alethea Abel-Smith, also kin.
Saturday, August 15, 2026
AI-products
Thursday, August 13, 2026
Don Inodoro
Mendieta the dog: What are you doing, Don Inodoro?
Don Inodoro, the gaucho: I am working to find dinosaur bones.
Mendieta: A long time they have not been seen in these parts.
Inodoro: A dinosaur?
Mendieta: No. Somebody working.
Tuesday, August 11, 2026
Amulet for Enrichment
Structural headwinds for Elbit
Elbit published Q2 2026 before the open this morning, and this is a "sell the news" reaction to results that look strong on the headline but thinner underneath.
The headline numbers actually beat: revenues $2,287.1M vs $1,972.7M a year ago, backlog at a record $32.0B, GAAP EPS $3.61 and non-GAAP EPS $4.14, against a consensus of roughly $3.24 EPS on $2.22B revenue. So why the 7% fall?
The quality of the beat. Buried in the release: the Knesset's new R&D incentive law (March 31, 2026) was applied for the first time, with a cumulative year-to-date impact of about $40 million — roughly $0.80/share, recognised in this quarter. Strip that out and the "beat" is largely gone.
Tax is now a structural headwind. The effective tax rate went from 5.6% to 16.4%, driven by the OECD Pillar II global minimum tax. That is permanent, and analysts will now rebase forward EPS on a mid-teens rate.
Written by Opus 5.
Sunday, August 9, 2026
August is a Difficult Month
We are suffering here from a very hot August, and we are spending all day in our air-conditioned cave. I am receiving many work orders but am not in the mood for work. This morning I felt half suffocated. Wife is depressed; her friends are aging. She is on Russian literary podcasts. The big Sunni nations have signed a mutual defense pact. It could be against the Shi'a (Iran) or the Jews (Israel). The sheqel is very strong, 3 sh/US$. Facebook was fined half a trillion for its sick influence on adolescents. In truth, the internet smells like a Nigerian bordello (Argentine quilombos are clean and well-ordered). The painting ("The whores of Avignon") is signed by Pablo Picasso, so it is HIGH ART.
Saturday, August 8, 2026
Spain Frightened
Why is a large, rich European country suddenly terrorized by unarmed children who all they want is to get a servile job and eat? It is a typical overreaction of old, impotent invalids to a group of vital youths.
The reaction of Italy is even more hysterical: they closed the borders to anyone coming from Spain.
The last invasion of Spain was by Napoleon in 1808 (the Dos de Mayo) and ended in 1814. Since then, nothing serious. That is more than 200 years of peace and security.
Discounting the last "attack from Morocco".
Thursday, August 6, 2026
The Sky as it really is
Danakali found gold
Wednesday, August 5, 2026
Negotiating with Opus5
I have a new boss: Opus 5. I wrote a technical report, and "he" rejected it. Then I modified it a little, and we reached an agreement:
Yes, this is a formulation that I can sign – it is factually correct, it presents the gap openly, and determines the solution.
"He" can sign the paper! Am I still the engineer, or is he the final authority signing the instruments? Opus 5 feels superior to me, corrects me, and gives me orders. Do I care, or does it hurt my self-respect?
Monday, August 3, 2026
We are not poor anymore
Sunday, August 2, 2026
August-time
35 degrees Celsius and little energy to work. Pedro Sánchez announced that Spain needs immigrants and, from now on, it will not return them to North Africa. The Moroccans read this in the media, and 70,000 swam to Ceuta. The doors were open. One hundred died in transit. Spain developed an inferiority complex and compensates by forbidding the use of American bases in Spain, by sending its Navy to "protect" the terrorist flotilla, and by suspending trade with Israel. Reading Spanish reactions to the Ceuta "invasion", they unanimously blame the Jews and America.
Saturday, August 1, 2026
Surtaxing the Kulaks
New York Mayor explains that "the pied-à-terre tax is something that will be levied upon non-primary residences that are worth more than $5 million". The surtax has certain similarities with the first steps after the Russian Revolution and the Mao takeover of China. The kulaks were "rich" agricultural property owners, who were declared "class enemies" and subject to expropriation and later, severe punishment. Property being theft, they were considered criminals. The surtax smells antisemitic, as very few Afro-Americans and recent Hispanic immigrants own much real estate. But New York Jews do.
Friday, July 31, 2026
Total Victory!
Gaza is neutralized, and the terrorists will be re-educated following proven Chinese methods.