So let me get this straight. Hamas commit atrocities and there are demonstrations across the country supporting the attack in many cases. Support for this type of terrorism across campuses, cities, with Jewish people being chased and harassed everywhere. This administration’s response? A National Strategy to Counter Islamophobia.
Everything they do is to retain power. They are without an ounce of credibility or care for real justice. Consistent I suppose. I will give them that.
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Even Mossad Agent Leslie "Wolf" Blitzer isn't buying the NuttyYahoo narrative anymore
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Meanwhile...
‘Hamas has created additional demand’: Wall Street eyes big profits from war
Morgan Stanley and TD Bank hope for aerospace and weapons boon after a 7% value increase from start of Israel-Hamas conflict
This article is co-published with Responsible Statecraft
Eli Clifton
Mon 30 Oct 2023 10.00 GMT
The United Nations has warned that there was “clear evidence” that war crimes may have been committed in “the explosion of violence in Israel and Gaza”. Meanwhile, Wall Street is hoping for an explosion in profits.
During third-quarter earnings calls this month, analysts from Morgan Stanley and TD Bank took note of this potential profit-making escalation in conflict and asked unusually blunt questions about the financial benefit of the war between Israel and Hamas.
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The death toll – which so far includes more than 8,000 Palestinians and over 1,400 Israelis – wasn’t top of mind for TD Cowen’s Cai von Rumohr, managing director and senior research analyst specializing in the aerospace industry. His question was about the upside for General Dynamics, an aerospace and weapons company in which TD Asset Management holds over $16m in stock.
Joe Biden has asked Congress for $106bn in military and humanitarian aid for Israel and Ukraine and humanitarian assistance for Gaza. The money could be a boon to the aerospace and weapons sector which enjoyed a 7-percentage point jump in value in the immediate aftermath of Hamas’s 7 October attack on Israel and the beginning of Israel’s bombardment of Gaza in response.
“Hamas has created additional demand, we have this $106bn request from the president,” said Von Rumohr, during General Dynamics’ earnings call on 25 October. “Can you give us some general color in terms of areas where you think you could see incremental acceleration in demand?”
“You know, the Israel situation obviously is a terrible one, frankly, and one that’s just evolving as we speak,” responded Jason Aiken, the company’s executive vice-president of technologies and chief financial officer. “But I think if you look at the incremental demand potential coming out of that, the biggest one to highlight and that really sticks out is probably on the artillery side.”
That next day, Von Rumohr assigned a “buy” rating to General Dynamics’ stock.
Morgan Stanley’s head of aerospace and defense equity research, Kristine Liwag, took a similar approach to the conflict during Raytheon’s 24 October earnings call.
“Looking at [the White House’s $106bn supplemental funding request], you’ve got equipment for Ukraine, air and missile defense for Israel, and replenishment of stockpiles for both. And this seems to fit quite nicely with the Raytheon Defense portfolio,” said Liwag, whose employer holds over $3bn in Raytheon stock, a 2.1% ownership share of the weapons company.
“So how much of this opportunity is addressable to the company and if the dollars are appropriated, when would be the earliest you could see this convert to revenue?”
Greg Hayes, Raytheon’s chairman and executive director, responded: “I think really across the entire Raytheon portfolio, you’re going to see a benefit of this restocking … on top of what we think is going to be an increase in the [Department of Defense] top line [budget].”
The comments are seemingly in contradiction of each company’s “statement on human rights” and explicit endorsements of the Universal Declaration of Human Rights and UN Guiding Principles on Business and Human Rights.Leave a comment:
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You just knew that arrogant cunt Hillary had to insert herself into this clusterfuck.
...probably has her vibrator on jackhammer setting, drooling over the thought of NuttyYahoo "obliterating Iran" like she campaigned on doing back in 2008.....
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This was last week with Morgan, 19 million views before I saw it because I try to avoid him.
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Good for you, slave FORD Good to know the limey did not interfere with another one your political masturbatory fantasies.Leave a comment:
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Full interview here.....
Oddly enough, Piss Morgan doesn't try to interrupt him and shout him down, as I have seen him do in other interviews. Guess he knew that shit wasn't going to work with Cenk.....
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Building on that, Ben CUnttPiro's infantile state terrorist nazi-ish retaliation plan is just shit and again avoids the real issue as to why Hamas exists, they were largely funded by the Israeli gov'ts under Netanyahu as a 'divide-and-conquer' strategy and fundamentally the Israeli right. Many of which are Orthodox cunts, that don't have to serve in the IDF, and Hamas have the same agenda: no peace plan ever....Leave a comment:
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