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Israeli citizens grow concerned over price tag on war with Iran

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Lia Tarachansky of The Real News reports that many Israelis are growing concerned over the potential costs of a war with Iran — not in terms of lives or national prestige, but as measured in their taxes and in the prices they pay for basic goods.

Food prices have already begun to spike, with a rise of 6.7% this week in the cost of bread and 20% in the cost of fresh vegetables. Stories in the Israeli press predict that a war would cause the prices of oil and electricity, which have already started rising, to surge dramatically.

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Israelis have begun to engage in anti-war protests outside the home of Defense Minister Ehud Barak, but despite the protests, preparations for war appear to be well underway.

Prime Minister Benjamin Netanyahu recently gave himself increased powers to control parliamentary decisions and procedures, and time and money is going into providing protection for civilians against potential Iranian rocket attacks in retaliation for an Israeli assault.

Yarom Ariav, who was the Finance Ministry director general from 2007 to 2009, points out that the Lebanon War of 2006 cost billions, and that a war with Iran would be much more expensive and have incalculable long-term effects.

“Economists called the decade after the Yom Kippur War ‘the lost decade'” Ariav notes. “There was a decline in the standard of living. Enormous amounts were diverted into restoring the military establishment, at the expense of civilian budgets.”

“Someone will have to pay for it and that someone is the public,” he concludes.

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This video was uploaded to YouTube by TheRealNews on August 18, 2012.


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2020 Election

Fox News pundit: Tax returns ruling against Trump is ‘a win for him’ and ‘will help the president’

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Fox News pundit Katie Pavlich argued on Thursday that a Supreme Court ruling which opened the door for prosecutors to obtain Donald Trump's tax returns is actually "a win" for the president.

Pavlich made the remarks after the Supreme Court of the United States ruled that Manhattan District Attorney Cyrus Vance can request the president's tax records in a public corruption case.

"I think it's a win and a little bit of a loss for President Trump," Pavlich explained. "In the sense that he will now have to deal with a number of these issues and other presidents in the future will as well, whether they are valid requests for information or not and whether they are being made for political for reasons or for valid criminal investigations."

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CNN

‘All nine justices’ rejected Trump’s claim of absolute immunity: CNN’s Toobin

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On Thursday, following the Supreme Court's 7-2 ruling that President Donald Trump's taxes are not immune from the Manhattan criminal investigation, CNN chief legal analyst Jeffrey Toobin broke down the implications of the decision.

"All nine justices reject the position put forth by the president's lawyers in this case," said Toobin. "All nine justices say that the president does not have absolute immunity from a subpoena, and all nine agree that the case has to go back to district court."

"This is a legal defeat for the president, but it may be a practical victory," added Toobin. "The idea that the president can't be subpoenaed is completely rejected but the Supreme Court, and that even the two dissenting justices agree on ... the practical victory for the president is that the legal proceedings will continue. It seems unlikely, given this opinion, that the president will ultimately be able to stop the disclosure of these events to the grand jury in Manhattan, but it's going to take time. I mean, this process will begin again. The district court will get briefings. They may hear evidence. That will be appealed to the Second Circuit Court of Appeals, and then losing party will likely go back to the Supreme Court. All of this will take a while."

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Activism

Mask-free UFC fighter punches and hurls racial slurs at older man for ‘touching’ him at restaurant

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UFC fighter Mike Perry was seen on video punching an older man for allegedly touching him. Perry, who is white, can also be heard using the N-word multiple times.

According to ESPN, the incident occurred at Table 82 in Lubbock, Texas on Wednesday.

In a video shared on social media, Perry appears irate as he is ushered out of the restaurant.

Lubbock police officers who arrived on the scene declined to arrest Perry but said that an investigation into the incident is ongoing.

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