“Over 200 packages of illegal weapons and military components bound for Yemen have been seized by the US Coast Guard, the US Central Command said in a statement on Thursday.
The shipment was seized from a vessel in the Arabian Sea on January 28, per the statement. The US Central Command said the weapons had originated in Iran and were en-route to be delivered to Houthi rebels in Yemen.
A vast assortment of weapons were found on the vessel, ranging from medium-range ballistic missile components, explosives, and anti-tank guided missile launcher assemblies.
“This is yet another example of Iran’s malign activity in the region, ” Gen. Michael Erik Kurilla, CENTCOM commander, said in the statement.”
“the Swedes feature partial privatization in their pension system, tie benefits to contributions, and vote each year on supplemental benefits based on demographic and economic conditions, all while balancing their budget.
By rejecting socialism and embracing privatization as well as mechanisms to prevent overspending, the Swedes demonstrated that reforming entitlement programs in a fiscally prudent way is not a pipe dream after all.
Conversely, U.S. Social Security benefits are guaranteed regardless of economic or demographic conditions. Social Security, among other programs, is deliberately excluded from our government’s normal budgetary process. Social Security and other entitlement programs are considered “mandatory spending,” in which funding is provided without congressional debate or action.
Putting entitlement spending on autopilot means the federal debt, currently standing at $34 trillion, will only grow. Mandatory spending, which includes, but is not limited to, Social Security, accounts for about two-thirds of government spending. The annual total dollar amount of mandatory spending increases by an average of about 10 percent per year.
The level of automatic mandatory funding demonstrates the staggering extent of the federal government’s spending problem. Last year’s tax revenue, about $4.4 trillion, just barely pays for mandatory entitlement spending. Therefore, much of the remaining $1.7 trillion we spend on our military and other programs is funded with borrowed money.”
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“Sweden previously promised a socialist pension program similar to Social Security. Under that retirement system, Swedish citizens were, subject to certain requirements, entitled to a universal basic and supplemental income.
Facing alarming projections of insolvency in the 1980s, Sweden established a commission to review the pension program’s fiscal sustainability and develop options for reform.
Sweden’s efforts were not immediately successful. The pension commission presented its recommendations during an economic downturn in 1990, which the Swedish parliament rejected. But Sweden continued to seek a solution. A new working group, comprised of representatives of each of the seven political parties, found that the aging Swedish population, inflation, and rising unemployment eroded the sustainability of the Swedish pension system. The working group also found that, barring reforms, the payroll tax would need to rise from 18 percent to 30 percent to support the program. The Swedes rejected both an initial set of reforms and a confiscatory tax increase.
So how did the Scandinavian country get back on the path to a sustainable pension system?
The Swedes’ pension reforms worked because they abandoned many of the socialistic aspects of its previous system. Sweden rejected Social Security–like defined benefits in favor of a defined contribution rate. Sweden also introduced some privatization into the system, which empowers beneficiaries to determine how to invest their retirement funds and take an active role in planning for their own future.
Critically, the new system features a mechanism called the “brake,” which is designed to prevent overspending by automatically preventing benefits from growing quicker than contributions.
The new Swedish system was fully implemented in 2003, and it has withstood the test of time. Swedish benefits have consistently increased, and their pension program has featured a surplus in all but three of the last 20 years. For the last 10 years, the program experienced a consistently growing surplus. Even during the 2008 financial crisis and the COVID-19 pandemic, the Swedish pension system remained strong. Conversely, the nonpartisan Congressional Budget Office projects that the Social Security’s retirement account will be depleted in 2032.
Today, the Swedish system consistently ranks among the world’s best-performing retirement income programs. This feat was accomplished because Sweden recognized the most socialistic aspects of the program were failing and implemented reforms to avoid the same problems that plague Social Security: unsustainability and passing the costs of overspending to future generations.
America’s officials should act like adults and acknowledge that Social Security can only be strengthened by ending the problem of uncontrolled costs. In this sense, maybe America should be more like Sweden.”
““Obviously, in some ways, deterrence has improved, because we have seen reduced attacks, but actually that’s only happened because we’ve degraded their capabilities — there will be more strikes, I’m almost certain of that,” Kearns said.”
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“The US is now attacking in real-time as militants in Yemen mobilize missiles for attacks on commercial vessels. So far, it seems the military response has only emboldened the Houthis. “It is an honor for our people to be in such a confrontation with these evil forces,” Abdul Malik al-Houthi, the head of the militant group, said in a speech on Thursday, citing the US, the UK and Israel.”
https://finance.yahoo.com/news/us-presses-ahead-least-bad-235325634.html
“When I asked the European ambassador to talk to me about America’s deepening partisan divide, I expected a polite brushoff at best. Foreign diplomats are usually loath to discuss domestic U.S. politics.
Instead, the ambassador unloaded for an hour, warning that America’s poisonous politics are hurting its security, its economy, its friends and its standing as a pillar of democracy and global stability.
The U.S. is a “fat buffalo trying to take a nap” as hungry wolves approach, the envoy mused. “I can hear those Champagne bottle corks popping in Moscow — like it’s Christmas every fucking day.””
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“one former Arab ambassador who was posted in the U.S. during both Republican and Democratic administrations told me American politics have become so unhealthy that he’d turn down a chance to return.
“I don’t know if in the coming years people will be looking at the United States as a model for democracy,” a second Arab diplomat warned.”
“the news agency Reuters published an eye-opening cybersecurity investigation bylined by Washington-based reporters and full of news of interest to Americans. But Americans aren’t allowed to read the story anymore — by order of a court in India.
It’s a disturbing turn of events that couldn’t have happened in the pre-internet era, when publishing — and censorship — were largely local affairs.”
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““If you are the Iowa Daily Beagle, and you publish a story that upsets some company in India, that company can go to an Indian court and get whatever injunction they want,” said Charles Glasser, who spent 12 years as the global media counsel for Bloomberg News and is the author of a book on international libel law. “But if the Iowa Daily Beagle has no assets in India and does no business in India, they can’t do much. It becomes more of an issue for international publishers, like Reuters. They certainly have resources there, and they are subject to the jurisdiction of the Indian court.”
Of course, Glasser notes, publishers have the ability to geofence content, making it so that an American reader can access a certain page while an Indian reader cannot. But that can backfire. Particularly in a country with historic reasons to be prickly about Western condescension, a judge is likely to take it as a sign of disrespect if an order is ignored beyond the border — not a good move if you are facing trial.
The upshot: Readers in America, where prior restraint is forbidden and where courts won’t enforce foreign rulings that violate the First Amendment, are blocked from reading a story based on a legal complaint that would be tossed out of most American courts.”
“Defence and security officials said that weather had made it difficult to retaliate sooner, with Friday presenting the best conditions for launching strikes.
Though the White House and Pentagon also repeatedly said they were avoiding “telegraphing” operations in the days leading up to the strikes, experts believe they did just that – with the ultimate intention of avoiding a wider war with Iran.
Arabian Gulf States Institute of Washington fellow Hussein Ibish, said the delay appeared to be the US signalling “what they’re not going to do, which is strike inside Iran”.
Mr Mulroy told the BBC it is possible that the US allowed Iranian Revolutionary Guard personnel “to leave the facilities that are going to be struck”.
Experts noted the US must walk a fine line between deterring a country like Iran without igniting a greater conflict.”
“The strikes by manned and unmanned aircraft hit more than 85 targets, including command and control headquarters, intelligence centers, rockets and missiles, drone and ammunition storage sites and other facilities. U.S. Central Command said the strikes used more than 125 precision munitions, and they were delivered by numerous aircraft, inlcuding long-range bombers flown from the United States. One official said B-1 bombers were used.
Omar Abu Layla, a Europe-based activist who heads the Deir Ezzor 24 media outlet, said the strikes hit areas in east Syria including the countryside of Mayadeen, Quriya and Rahba that is home to a telecommunications center for Iran’s paramilitary Revolutionary Guard and arms depot in Boukamal along the Iraq border.
The assault came came just hours after Biden and top defense leaders joined grieving families to watch as the remains of the three Army Reserve soldiers were returned to the U.S. at Dover Air Force Base in Delaware.
It was unclear what the next steps will be, or whether the days of U.S. warnings have sent militia members scattering into hiding, making it more difficult to detect and strike them. But it was evident that the recent statement released by Kataeb Hezbollah, one of the main Iran-backed militias, saying it was suspending attacks on American troops had no impact on the administration’s plans.
The U.S. strikes appeared to stop short of directly targeting Iran or senior leaders of the Revolutionary Guard Quds force within its borders. Iran has denied it was behind the Jordan attack.”