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Tensions Rise as “Intifada” Encampment Erupts at City College of New York

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Tensions Rise as “Intifada” Encampment Erupts at City College of New York

Edited by: Fern Sidman

Thursday night bore witness to escalating tensions at the newly established “intifada” encampment within the hallowed grounds of the City College of New York, as anti-Israel demonstrators clashed with school security personnel, capturing the attention of onlookers and igniting fervent debate, as was reported by The New York Post.

In a dramatic turn of events, captured on video by independent journalist Katie Smith, the encampment became a focal point of unrest as protesters surrounded a school security guard, chanting defiantly, “We will stay, we will stay!,” the Post report indicated. With hands raised in protest, the anti-Israel mob compelled the guard to retreat, walking backward towards a group of NYPD officers congregated nearby.

The footage depicts a tense standoff as protesters formed a human barrier, advancing towards the steps where law enforcement officers stood. According to the Post report, despite the escalating confrontation, no arrests were reported as of 6:30 p.m. Thursday, according to police sources.

The encampment, erected earlier that day on the grounds of the state-funded college, marked a symbolic gesture of solidarity with the pro-Hamas, pro-terror cause, with participants raising the Palestinian flag high above the quad, as per the information provided in the Post report. By afternoon, the campus was engulfed in a sea of Hamas flags and banners, signaling the fervent support for the terror movement that was responsible for the brutal massacre of 1200 Israelis and others on October 7th in southern Israel.

Indie reporter Talia Jane captured scenes of the campus adorned with Palestinian symbols, showcasing the magnitude of the demonstration. Detailed in the Post report was that as many as 300 protesters converged on the Convent Avenue campus, amplifying their voices in a unified call for continued terror against Israel.

“We have a right to control where our tuition goes, and it should never go towards oppressing any people anywhere!” declared Within Our Lifetime organizer Nerdeen Kiswani, addressing the crowd through a megaphone, according to the information contained in the Post report.  Kiswani’s speech, shared on the group’s social media platforms, resonated with the crowd, igniting a fervor of solidarity and determination to support terrorism targeting Israel.

The term “intifada,” historically associated with Palestinian uprisings against Israel, calls attention to the gravity of the moment, evoking memories of past struggles and the ongoing quest for “liberation.”

Against the backdrop of ongoing war that Hamas launched against Israel in October, demonstrators raised their voices in solidarity with the Hamas cause, demanding tangible action from university authorities.

Several signs adorned the encampment area, boldly proclaiming the call for divestment from Israel in response to what they have described as the escalating violence in Gaza, the Post report said.

While the demonstration remained mostly calm, the presence of NYPD officers monitoring the perimeter illustrated the underlying tension simmering beneath the surface. Despite the relative tranquility, the warning issued by Kiswani  loomed large, cautioning against any attempts to suppress the protest.

“Efforts to shut down the demonstration will be met with anger,” Kiswani declared, her words echoing through the crowd as a rallying cry, the Post reported.

In a video shared by Scootercaster, Kiswani’s message reverberated across social media platforms, amplifying the call to action and galvanizing support from allies across New York City. The prospect of mobilizing a broader community in solidarity with the Hamas cause served as a powerful deterrent against any potential suppression of the protest.

Amidst the standoff between demonstrators and authorities, one student organizer defiantly declared their intent to maintain the encampment, despite pressure from school public safety personnel and the NYPD. The Post report also said that in a video captured by Talia Jane, the organizer’s resolute stance encapsulated the unwavering determination of the protesters, signaling their refusal to yield to authorities.

The group CUNY4Palestine mobilized supporters to converge at City College at 4 p.m., responding to reports of CUNY Chancellor Felix Matos’ alleged threat to deploy the NYPD to quell the protest, according to the Post report. However, as of now, no definitive plans have been made to clear the campus, leaving the situation in limbo as the university observes its spring break until April 30.

The absence of concrete action from law enforcement adds an air of uncertainty to the unfolding events, as protesters continue to assert their presence and demand for action. Indicated in the Post report  was that while the composition of the demonstrators remains unclear, CUNY Professor James Hoff shed light on the diverse makeup of the crowd, noting the significant presence of faculty and union members among the protesters.

Meanwhile, across town at the Fashion Institute of Technology (FIT) in Chelsea, another wave of unrest unfolded on Thursday.  In a dramatic turn of events captured on video by Citizen Free Press, dozens of individuals, many adorned in Palestinian headscarves, stormed into a building on the campus premises, according to the Post.  As campus security grappled to maintain control, protesters managed to infiltrate the academic building, setting up a makeshift camp area in the lobby.

FIT, renowned as a hub for aspiring designers and fashion professionals, stands as a symbol of creativity and innovation. Yet, the Post report said that amidst the chaos of the protest, the institution finds itself thrust into the spotlight.

As authorities navigate the complexities of managing campus unrest, the specter of ongoing protests casts a shadow over the academic landscape of New York City. With tensions running high and emotions running deep, the coming days may well prove decisive in shaping the trajectory of these demonstrations and their broader implications for the city’s academic institutions and beyond.

USC Cancels Main Graduation Ceremony After Anti-Israel Protests

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David Lee / Flickr / CC / Cropped

By Joel B. Pollak

The University of Southern California (USC) has canceled its main graduation ceremony due to apparent security concerns after anti-Israel protesters tried to encamp and were removed by Los Angeles Police Department this week.

As Breitbart News reported, anti-Israel protesters had tried to occupy the campus, as demonstrators have done at other universities in an apparently well-coordinated and well-funded campaign. In addition, USC canceled the speech of its valedictorian after she was found to have supported the annihilation of the State of Israel in online posts.

In a statement, USC said (original emphasis):

As in previous years, the university will be hosting dozens of commencement events, including all the traditional individual school commencement ceremonies where students cross the stage, have their names announced, are photographed, and receive their diplomas. In keeping with tradition, we will be hosting all doctoral hooding ceremonies, special celebrations, and departmental activities and receptions.

With the new safety measures in place this year, the time needed to process the large number of guests coming to campus will increase substantially. As a result, we will not be able to host the main stage ceremony that traditionally brings 65,000 students, families, and friends to our campus all at the same time and during a short window from 8:30 a.m. to 10 a.m.

We understand that this is disappointing; however, we are adding many new activities and celebrations to make this commencement academically meaningful, memorable, and uniquely USC, including places to gather with family, friends, faculty, and staff, the celebratory releasing of the doves, and performances by the Trojan Marching Band.

Students are continuing their protests, despite their encampment having been cleared, according to the Daily Trojan.

Joel B. Pollak is Senior Editor-at-Large at Breitbart News and the host of Breitbart News Sunday on Sirius XM Patriot on Sunday evenings from 7 p.m. to 10 p.m. ET (4 p.m. to 7 p.m. PT). He is the author of the recent e-book, “The Zionist Conspiracy (and how to join it),” now available on Audible. He is also the author of the e-book, Neither Free nor Fair: The 2020 U.S. Presidential Election. He is a winner of the 2018 Robert Novak Journalism Alumni Fellowship. Follow him on Twitter at @joelpollak.

‘Pro-Palestine’ campus mobs think Jew-hatred is progressive

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shutterstock

Jonathan S. Tobin – JNS
Ideas that reduce complex problems into simple mantras are always popular. But those

that cloak a political ideology in the sort of language and symbolism in sync with the cultural fashions of the movement and allow people to imagine themselves on the right side of history can spawn world-changing movements. When young people especially are indoctrinated with such notions—the idea of correcting a historical wrong—the results can produce the shocking surge that’s unfolding right now on U.S. college campuses.

 

The spectacle of a critical mass of this current generation of American college students—egged on by many of their professors and even administrators—chanting slogans about erasing the State of Israel from the map (“from the river to the sea”), cheering on Islamist terror against Jews everywhere (“intifada revolution” and “globalize the intifada”) and speaking openly about banning the presence of “Zionists” from their midst, if not condoning violence against them, has shaken many Americans. That is especially true for liberal Jews and others who believe that antisemitism is primarily if not solely a problem on the political right.

Yet the most important part of this story is what hasn’t happened. Instead of a united nation responding to these expressions of hate and bigotry with one voice, many declarations are being heard in defense of what are, for all intents and purposes, a burgeoning mass movement supporting the Hamas terrorist movement that carried out the manifold atrocities in southern Israel on Oct. 7.

Toxic leftist idea

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How is it possible for what is supposed to be the best and the brightest of American students—those who attend Harvard, Yale, Columbia, Cornell and many other elite universities where the “pro-Palestine” protests have sprung up—to embrace such a profoundly evil cause?

The simple answer for what should be seen as responsible points to the intellectual fashion of the day, which, for lack of a better term, we are forced to call “woke” ideologies. The toxic ideas of critical race theory and intersectionality, which teach that the world is permanently divided between “white” oppressors and people of color who are their victims, have decided that Israel and the Jews belong to the former, and Hamas and its mass of Palestinian supporters are among the latter.

These ideas have been mainstreamed of late in America’s educational system and culture. Since the moral panic about race that occurred in the Black Lives Matter summer after a Minneapolis police officer killed George Floyd in May 2020, they have become the new orthodoxy against which dissent is not permitted in U.S. leading institutions.

While some of us have been pointing out for years that the BLM movement and the ideas behind it grant a permission slip for antisemitism, this has only become obvious to most people in the last six months. To the horror of many Jews, the largest mass slaughter of Jews since the Holocaust didn’t engender sympathy for Israel or the Jews. Instead, it provided the spark for a surge in antisemitism around the world almost immediately after Oct. 7.

Many Jews believed they could always count on enlightened liberal opinion in this country not only to condemn expressions of right-wing Jew-hatred in the strongest terms but to also isolate it. Instead, they have watched with amazement and concern as the mobs engaging in antisemitic invective have been defended or rationalized in mainstream liberal media like The New York Times and MSNBC as idealists or, at worst, emotional kids whose actions are an understandable reaction to Israeli atrocities. In doing so, those who are taking this line aren’t just repeating and spreading Hamas propaganda and blatant falsehoods. They are accepting the premise that opposition to the existence of the one Jewish state on the planet is somehow the natural political position of those who call themselves progressives.

 

‘Very fine people’

Indeed, much like the BLM riots that wreaked havoc in American cities in the summer of 2020, the campus protests are being described as “mostly peaceful.” The narrative about the campus mobs in much of the corporate media is that they are merely “pro-Palestine” and that any antisemitism is merely the excessive behavior of a few marginal people who don’t represent the true spirit of the protests.

Almost as troubling is the fact that even when the antisemitic nature of the protests is recognized, the core problem is ignored. It’s not just that those taking part are engaging in demonstrations where Israel and its supporters are demonized, Jewish rights erased and Jews are being threatened. It’s that the people doing this don’t think they are wrong. They are convinced that they are speaking up for a righteous cause. Not only is that false premise being reinforced by mainstream press coverage, but it is also being upheld by leaders of the political left.

Indeed, the most outrageous example of that didn’t come from Rep. Ilhan Omar (D-Minn.), who is notorious for her own antisemitic statements and who showed up on the Columbia campus this week to show solidarity with the “pro-Palestine” mob in the company of her daughter, a student at Barnard College who had been suspended for her role in violating the school’s rules.

The best encouragement the students received was from President Joe Biden, who, when asked about antisemitism on college campuses, condemned it but then added that he was just as concerned about “those who don’t understand what’s going on with the Palestinians.” It was, as Alan Dershowitz and Andrew Stein wrote in The Wall Street Journal, a “very fine people” moment for the president.

That referenced the infamous claim that former President Donald Trump had said that there were some “very fine people” among those who gathered in Charlottesville, Va., in August 2017 for the neo-Nazi “Unite the Right” rally. Of course, Trump didn’t say that since he was referencing those who opposed the taking down of Confederate statues, and not Nazis or members of the Ku Klux Klan.

While that distinction was ignored in the media scramble to condemn Trump, Biden is largely getting a pass for his own effort to treat the cause that the antisemitic agitators are supporting as valid. The point being is that much of the media and leftist opinion are treating those yelling slurs at Jews as “very fine people” who are just going a little too far in their advocacy.

 

In the wake of Columbia University president Minouche Shafik’s ambivalence about enforcing the school’s rules against illegal demonstrations and hate speech, the narrative in the liberal media has again flipped with The New York Times concentrating on what they see as a wrongheaded decision to call in the New York City Police Department to remove the pro-Hamas encampment (though the tents returned the next day). Indeed, the paper’s urban affairs columnist Ginia Bellafante wrote that the main problem isn’t campus antisemitism but the willingness of administrators to punish the antisemites, who she and those reporting in the news section analogized to the anti-Vietnam war and anti-South African apartheid demonstrators of the past.

A movement steeped in ignorance

What is lacking in the coverage and most of the discourse is that—as interviews with them show—most of the students even at a school like Columbia can’t really explain why they are against Israel except by mindlessly repeating slogans about racism and oppression that have nothing to do with the facts on the ground in the Middle East or patent falsehoods about “genocide” in Gaza. They don’t know the history of the conflict and seem to think that Israelis and Jews are, as Palestinian propagandists claim, settler/colonialists in the one country in the world where Jews are, in fact, the indigenous people. Their demands for university divestment from Israel are based on intersectional ideology in which the century-old Arab war to deny Jewish rights is falsely depicted as analogous to the civil-rights movement in the United States.

The ignorance of these young adults is pathetic, as is their absurd cosplaying in which the wearing of keffiyehs has become campus terrorist chic. Lacking their own strong identity, they are adopting one that they perceive will give them some cachet as supporters of an embattled though fashionable cause. But having been spoon-fed the same lies that spawned the BLM movement throughout their educational experience, in which antisemitism has been redefined as progressivism, no one should be surprised by any of this.

Nor should we accept the claim that they are merely demonstrating sympathy for Palestinians or shock at human-rights violations. Far greater losses of life in wars in the Congo or Sudan—and an actual genocide in Western China where Beijing has put an estimated 1 million Muslim Uyghurs in concentration camps—haven’t moved them to utter a single word. If they really were for peace or the theoretical cause of a two-state solution to the Israeli-Palestinian conflict, they would be in favor of eradicating Hamas, which is opposed to any peace that doesn’t involve the destruction of Israel and the genocide of its people.

The sad truth is that massive numbers of students at elite schools and elsewhere have been taught to adopt the Hamas Charter, whether they understand what they are supporting or not. If you think that Zionism—the national liberation movement of the Jewish people—is racism, you are denying rights to Jews that no one would think to deny to anyone else. That is antisemitism. If you are advocating for a ceasefire that would allow Hamas to get away with mass murder, you are supporting Hamas. And if you think Israel is illegitimate and should be destroyed, you are also supporting Hamas terrorists, and their genocidal plans and actions.

Tolerating the intolerable

 

People who advocate for hateful ideologies—whether they are directed at African-Americans, Jews or anyone else—have a First Amendment right to express their views. But they don’t have a right to be tolerated in educational institutions or treated as principled dissenters in the Times. We all know that there is zero tolerance for neo-Nazis or other right-wing extremist Jew-haters at American universities or in the liberal media. But because these institutions have been captured by woke ideologues and mainstream politicians like Biden fear their wrath, their moral equivalents on the left demonstrating on college campuses to “free Palestine” are tolerated, rationalized, excused and even lauded as heroes. In doing so, we are being asked to tolerate the intolerable.

To be “pro-Palestine” today is not to stand up for oppressed people. To the contrary, it is an expression of solidarity with latter-day Nazis and a willingness to mainstream hatred of the Jewish people, not just Israeli policies. But to condemn them is not enough. The only way to explain what has happened and to do something about it is to roll back the woke tide and purge schools, cultural institutions and the mainstream media of those spreading racialist ideas that foment this toxic hatred. Until the “progressive” ideas at the heart of the problem are dismantled, all the hand-wringing and expressions of concern about campus antisemitism will be meaningless.

Jonathan S. Tobin is editor-in-chief of JNS (Jewish News Syndicate). Follow him: @jonathans_tobin.

Mass exodus of Gazans from Rafah as IDF operation looms

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Palestinians in Rafah, in the southern Gaza Strip, on October 30, 2023. (Abed Rahim Khatib/Flash90)

By David Rosenberg, World Israel News

As many as 200,000 Gazans have evacuated Rafah over the past few weeks ahead of a much-anticipated Israeli ground operation in the southern Gaza city, an IDF spokesperson said Thursday.

Rafah, a city which straddles the Egyptian-Gaza border, had some 200,000 residents on the Gaza side of the frontier prior to October 7th, but swelled to nearly 1.5 million following the Hamas invasion of Israel and subsequent IDF military operation.

With the IDF making final preparations for the Rafah operation, the population of the city has fallen sharply, with 150,000-200,000 Gazans evacuating since April 7th.

Most of the evacuees have relocated either the al-Muwasi, a Bedouin enclave adjacent to Gush Katif – the heart of Jewish settlement in Gaza prior to 2005 – central Gaza, or Khan Yunis, another city in southern Gaza, near Rafah.

IDF forces were withdrawn from Khan Yunis earlier this month, following extensive operations in the city, which had once served as the headquarters of Hamas’ top commander in Gaza, Yahya Sinwar.

BIDEN PREFERS SINWAR TO NETANYAHU, SAYS ISRAELI MINISTER
The Israeli military is encouraging Gazans to evacuate Rafah ahead of the impending ground operation, in the hopes of minimizing civilian causalities.

The IDF has built up a stockpile of over 40,000 tents to distribute to Gazans leaving Rafah, with the aim of establishing tent cities away from the area of planned ground incursion.

Rafah, the last Gaza city firmly under Hamas control, is home to four battalions, according to Israeli intelligence, the final operational Hamas battalions out of 24 pre-October 7th.

The Biden operation has reportedly authorized an Israeli operation within the city, after good-faith efforts by Israel to establish a ceasefire and hostage release deal were reportedly rejected by Hamas, Channel 12 News reported.

There are some indications some of Rafah’s remaining population will be housed temporarily in tent cities established in Egypt’s Sinai Peninsula, despite prior refusal by Cairo to open its frontier to Gazan civilians.

Satellite imagery has revealed that Egypt is setting up a massive tent city in the Sinai, indicating a change in Cairo’s position.

NYPD Official Responds To Ocasio-Cortez Rant On ‘Violent’ Police ‘Units’

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AOC is not the only ideological machine that has weakened the control of the elected Democratic Party county leaders over the last decade. Photo Credit: AP

(Daily Caller)  New York City Police Department (NYPD) Chief of Patrol John Chell responded Thursday to a rant by a Congresswoman about “violent” police “units” being deployed to Columbia University.

Democratic New York Rep. Alexandria Ocasio-Cortez (AOC) tweeted Tuesday complaining that Columbia University made “the horrific decision to mobilize NYPD on their own students.” She alleged that “the units called in have some of the most violent reputations on the force” and quote-tweeted a video displaying that the department’s counterterrorism units were present on the campus.

NYPD’s Chief of Patrol took exception to AOC’s characterization of the use of the police force on campus online. “Columbia decided to hold its students accountable to the laws of the school. They are seeing the consequences of their actions … I was with those “units” last Thursday that you describe as having, “the most violent reputations.” These “units” removed students with great care and professionalism, not a single incident was reported,” Chell wrote.

“The only incidents that day on campus were the students’ hateful anti-Semitic speech and vile language towards our cops. I am sure you agree any hateful speech is unacceptable. You should rethink your comments to a simple thank you to the NYPD and hate has no place in our society. Maybe you should walk around Columbia and NYU and listen to their remarks of pure hatred. I will ensure those “units” will protect you as they do for all NYers 24/7/365,” the police officer added.

Columbia University’s campus has been rocked by pro-Palestine protests since April 17 that have been characterized by Republican Speaker of the House Mike Johnson as “threatening and intimidating” to the Jewish students in a Fox News interview. The university has been greatly affected by the protests as they have created hybrid classes to deal with the volume of protests and have sent in the police to arrest students who set up encampments on campus, The Associated Press reported.

Ex-Israeli ambassador to US calls for FBI probe of pro-Hamas campus protests

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Former Israeli Ambassador to the US Michael Oren (AP/Ed Andrieski)

By World Israel News Staff

A former Israeli ambassador to the U.S. and ex-Knesset Member has called on the FBI to probe the ongoing pro-Hamas demonstrations on college campuses across the U.S., amid claims that Qatar and George Soros are bankrolling the protests.

Michael Oren, a New York-born historian tapped to serve as Israel’s top envoy to the U.S. in 2009 before entering politics and serving in the Knesset with the centrist Kulanu faction, spoke with The Media Line in an article published Thursday regarding the origins of the nascent pro-Hamas demonstrations at his alma mater, Columbia University.

While campus demonstrations against Israel and in favor of Hamas have been held since the October 7th invasion of Israel, on April 17th, militant anti-Israel activists established the Gaza Solidarity Encampment on the Columbia University campus, demanding the school divest from Israel.

The rise of support for the Hamas terror organization on college campuses has highlight the financial links between American institutions of higher learning and Qatar, the oil-rich Arab Gulf state which currently hosts much of Hamas’ leadership in exile and which has served as the primary patron of the terror group for years.

According to a 2022 report by the Network Contagion Research Institute, Qatar – a small, sparsely populated state with just over 300,000 citizens – is the most prolific foreign donor to American universities, funding them to the tune of $4.7 billion from 2001 to 2021.

“We are being occupied by radical Islamist theology that has been imported from the Middle East to the tune of billions of dollars from Qatar, Brooke Goldstein, executive director of The Lawfare Project, told Fox News Wednesday.

“How is this happening and how is it that they are so coordinated? They’re all chanting the same slogans. Who is paying for the buses? Who is paying for the private planes that are bringing in the outside agitators?”

The campus protests have brought together a plethora of far-left groups, some of which have enjoyed financial backing from prominent mega-donors including billionaire financier George Soros, whose Open Society Network has given hundreds of thousands of dollars to the radical anti-Israel Jewish Voice for Peace.

In his interview with The Media Line, Oren castigated the campus protests as “intolerable, unacceptable, and exceedingly dangerous,” accusing left-wing campus groups of working as “Trojan horses for antisemitism.”

Noting reports of financial ties between the anti-Israel campus protests and donors including Qatar and far-left organizations, Oren urged the FBI to investigate the origins of the demonstrations.

“These demonstrations are orchestrated and funded from outside. These aren’t spontaneous demonstrations.”

Rejecting claims that the protests are protected free speech, Oren said incitement to violence and support of terrorism “is illegal in America.”

“These people need to be prosecuted, but in the end, this isn’t a job for local police.”

David Zaslav Will Bankrupt Warner Bros. Discovery Channel

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David Zaslav Will Bankrupt Warner Bros. Discovery Channel

Edited by: TJVNews.com

David Zaslav, the chief executive of Warner Bros. Discovery, has once again found himself in the spotlight as details of his compensation package for the previous year surface. As was recently reported in the New York Times, according to a proxy statement filed with the Securities and Exchange Commission, Zaslav received a substantial $49.7 million in compensation in 2023, marking a notable 26 percent increase from the preceding year.

While it’s no secret that chief executives in the media industry often command significant pay packages, Zaslav’s compensation draws particular attention given the company’s recent performance. As was noted in the NYT report, Warner Bros. Discovery, despite showing signs of improvement, faced substantial losses totaling $3 billion in 2023. This figure, albeit a significant improvement from the previous year’s staggering $7 billion in losses, illustrates the challenges the company is grappling with.

According to the proxy statement, Zaslav’s compensation for 2023 included a $3 million base salary, long-term stock awards amounting to $23 million, and a cash payment of $22 million guaranteed by a 2021 employment contract, as was stated in the NYT report.  Additionally, he received $1.6 million related to security and personal use of the corporate jet. Also noted in the NYT report was that while these figures may appear substantial, they represent a notable decrease from Zaslav’s compensation in 2021, when he received $246.6 million, reflecting changes in the company’s performance and executive compensation structure.

In its proxy statement, Warner Bros. Discovery acknowledged the challenges posed by shifting advertising dynamics, declining linear television viewership, increased competition from traditional and tech media giants, and the lingering effects of the COVID-19 pandemic on movie-theater attendance, as was affirmed in the NYT report. Despite these challenges, the company commended Zaslav for his exceptional leadership and for delivering on various financial, operational, and strategic objectives throughout the year.

Furthermore, the company demonstrated its commitment to rewarding top talent by granting substantial raises to key executives, including the chief financial officer, president of streaming, chief revenue and strategy officer, and international president, as per the NYT report. These investments in leadership underscore Warner Bros. Discovery’s focus on nurturing talent and driving continued growth and innovation in an increasingly competitive and dynamic media landscape.

The decline in revenue, which fell by 4 percent, can largely be attributed to the dwindling fortunes of the company’s cable television business, encompassing notable brands such as CNN. According to the information provided in the NYT report, this decline reflects broader shifts in consumer behavior and the evolving landscape of media consumption, presenting formidable hurdles for traditional cable providers.

Moreover, shareholders at Warner Bros. Discovery’s annual meeting voiced their discontent with Zaslav’s compensation through a nonbinding “say on pay” vote. Only 50.8 percent of shareholders approved of the $39.3 million he received in 2022, signaling a lack of robust support for his remuneration, as per the NYT report. Such low approval, particularly falling below the 70 percent threshold deemed acceptable by corporate governance standards, underscores the growing scrutiny surrounding executive pay practices.

In response to shareholder concerns, the Warner Bros. Discovery board took steps to recalibrate the compensation structure for its top executives in 2023. This adjustment involved revising certain bonus criteria, with a greater emphasis placed on metrics related to generating free cash flow, essential for debt reduction, and less reliance on the company’s stock performance, according to the information contained in the NYT report. This move reflects a strategic shift aimed at aligning executive incentives more closely with the company’s financial objectives and long-term sustainability.

Warner Bros. Discovery, amidst a landscape of industry upheaval and evolving consumer preferences, showcased remarkable financial resilience in 2023, significantly surpassing Wall Street’s expectations, as was detailed in the NYT report. The company reported a stellar free cash flow of $6.2 billion, marking an impressive 86 percent increase from the previous year. This robust performance was buoyed by several factors, including improved financials within the streaming division and cost savings resulting from the Hollywood strikes that disrupted production for six months.

The company’s streaming division, in particular, emerged as a significant contributor to its financial success, transitioning to profitability and bolstering overall cash flow. Furthermore, the NYT report said that the unexpected windfall from the Hollywood strikes, which led to reduced production costs, further bolstered the company’s bottom line.

A key outcome of this financial success was Warner Bros. Discovery’s ability to make substantial strides in debt reduction, trimming its total debt by 11 percent to $44.2 billion in 2023, the report added. This debt reduction not only strengthens the company’s financial position but also enhances its ability to pursue strategic initiatives and navigate uncertainties in the ever-changing media landscape.

The disparity in executive pay among top entertainment industry leaders has come under heightened scrutiny amidst the seismic shifts from traditional television to streaming platforms. Indicated in the NYT report was that in 2023, notable figures such as Robert A. Iger of Disney, Ted Sarandos of Netflix, and Bob Bakish of Paramount Global, alongside David Zaslav of Warner Bros. Discovery, received substantial pay packages, sparking controversy and criticism in an industry grappling with profound transformations.

Robert A. Iger, the former chief executive of Disney, received a pay package valued at $31.6 million in 2023, representing a significant 31 percent decline from the previous year, the report in the NYT said. Iger’s fluctuating compensation is emblematic of his retirement and subsequent return to a leadership role within the company, reflecting the complexities and uncertainties surrounding executive remuneration.

Meanwhile, Ted Sarandos, co-chief executive of Netflix, maintained a consistent compensation level, receiving $49.8 million in 2023, comparable to the previous year, the report added. This robust compensation illustrates Netflix’s continued dominance in the streaming landscape and the strategic importance of Sarandos’s leadership in driving the company’s growth and innovation.

In contrast, Bob Bakish, chief executive of Paramount Global, experienced a modest 2 percent decline in compensation, receiving $31.3 million in 2023. The NYT also reported that Paramount Global, facing its own set of challenges amidst industry upheaval, navigated turbulent waters under Bakish’s leadership, reflecting the broader complexities and uncertainties facing traditional media companies.

Fran Drescher, president of the actors’ union, condemned the disparity between executive compensation and the challenges confronting industry workers, decrying the allocation of hundreds of millions of dollars to CEOs while pleading poverty, the NYT report explained.

The impact of executive pay disparities on industry dynamics was further exacerbated by widespread union strikes, as workers protested against cost-cutting measures and layoffs amidst lavish CEO compensation. Noted in the NYT report was that many entertainment companies, including Warner Bros. Discovery, implemented aggressive cost-cutting measures in 2023, resulting in layoffs and reduced production output.

Zaslav emerged as a central figure in the discourse surrounding executive compensation and industry challenges. Also mentioned in the NYT was that despite Warner Bros. financial resilience and aggressive cost-cutting measures, Zaslav’s leadership faced scrutiny, particularly in light of shelved projects like “Batgirl” and “Coyote vs. Acme.”

In a statement at The New York Times’s DealBook Summit, Zaslav emphasized the company’s commitment to bold decision-making, stating, “We said no sacred cows.” This sentiment encapsulates the strategic imperative for entertainment companies to adapt to evolving market dynamics and prioritize long-term sustainability amidst industry turbulence.

NPR just keeps on sliding more and more to the left as it unfolds into a complete crap show

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NPR image (AP)

His answer: He would issue an ultimatum that the CEO and management team no longer produce polarizing content because it alienates many of those all-important listeners.

Meanwhile, if you have an employee who is telling management how current programming is turning off those consumers, don’t ever think about shooting the proverbial messenger.

Listen to him; maybe even give him a raise.

I’m withholding the activist investor’s name because he has enough problems on his hands to get in the middle of the unfolding crap show involving National Public Radio.

Suffice to say, the network, once known for its reliably wonkish takes on culture, politics and business, is doing just the opposite.

Recently, it shot the proverbial messenger, now-former business editor Uri Berliner, who was suspended and then resigned after he called attention to the institutional progressive rot both internally and when no one listened in a published essay that went viral.

Plus, NPR is doubling down on all things woke with newish and cartoonishly leftist CEO Katherine Maher, who will carry on with the network’s turn further to the far left.

All so strange to anyone who knows business because going woke has been a horrendous business model — as I point out in my upcoming book about the radicalization of Corporate America, “Go Woke, Go Broke.”

Most Americans are in the middle and hate the extreme left, or woke wouldn’t be such a pejorative.

Keep an eye out on these big-money donors with the 2024 election approaching
Larry Fink, chairman and CEO of BlackRock, visits FOX Business Network’s “The Claman Countdown” at Fox Business Network Studios on March 27, 2024 in New York City.
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NPR once boasted significant numbers of conservatives who liked its erudite news and opinion shows.

No longer, as Berliner’s essay in the Free Press pointed out, exposing NPR’s “news” as something designed by the progressive fringe of the Democratic Party.

It’s literally programming to the same crowd that loves MSNBC, oblivious to the fact that there’s only so many far-leftist listeners to go around.

A quick review of its corporate leadership and you see where the social justice pandering in NPR’s programming comes from, and the selection of Maher, earlier this year, as its CEO.

Maher is the former CEO of Wikimedia, the nonprofit that runs the online (and increasingly lefty-biased) encyclopedia Wikipedia.

Her main skills seem to be knowing the lefty nonprofit fund­raising circuit, and channeling progressive politics.

And it’s clearly not working.

Proof of this was laid out in Berliner’s essay, of course, that hit hard at the loss of listeners and the irrelevance of NPR’s reporting.

More proof can be found on NPR’s own website by searching through its audited financial statements.

NPR isn’t a public company (its revenues come from government grants, member stations buying its programming, and most of all corporate sponsorships).

If it were, it would make a perfect “short sale” with investors wagering its stock will crater as the company’s business evaporates.

NPRs finances appear to be doing just that. Its most recent audited financials describe the fiscal outlook as follows: “In early 2023, management determined that there would be a significant decline in NPR’s current-year corporate sponsorship revenue due to poor economic conditions, which negatively impacted spending by corporate sponsors. Management believes that the lower levels of corporate spending on sponsorship opportunities will have an impact beyond 2023 given the relative ­uncertainty in the US economy.”

Poor’ excuse
Poor economic conditions?

Most corporate profits are rising after the 2020 pandemic lockdowns.

What is floundering is NPR’s audience, which is why corporate sponsorship is down.

What makes NPR’s crisis even more intractable is that Maher appears to be among the least capable people to right this ship.

Instead of sitting down with Berliner, she attacked him and his provably accurate critique in a memo to her staff.

Not smart.

Also not smart: Her hilariously inane and woke public X (formerly Twitter) feed exposed, courtesy of Manhattan Institute ­anti-woke super sleuth Chris Rufo.

Maher is someone who admitted to having dreams of “sampling and comparing nuts and baklava” with another fatuous wokester, VP Kamala Harris.

She rationalized the violent 2020 George Floyd riots because it’s “hard to be mad about protests not prioritizing the private property of a system of oppression founded on treating people’s ancestors as private property.”

(Tell that to the small-business owners who saw their life’s work sacrificed for the cause.)

She’s also well-versed in weirdo-woke lingo, stuff like “toxic masculinity” and “cis mobility privilege,” and not surprisingly thinks Donald Trump (and probably anyone who voted for him) is a “deranged racist sociopath.”

Now she’s running a major media company and balance sheet with (for now) more than a half-billion dollars in assets.

Yikes!

Like I said, NPR isn’t a public company.

But if it were, it would be the next “Big Short.”

 

Rumor Mill: Jeff Bezos’ Alleged Bid for Howard Stern’s Palm Beach Estate Sparks Speculation

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SCREENSHOT

Rumor Mill: Jeff Bezos’ Alleged Bid for Howard Stern’s Palm Beach Estate Sparks Speculation

Edited by: TJVNews.com

In the luxurious enclave of Palm Beach, Florida, where whispers of extravagance and opulence abound, the latest talk of the town revolves around a rumored real estate transaction involving two titans of industry: Jeff Bezos and Howard Stern, as was recently reported in The New York Post’s “Page Six.”

According to insiders familiar with the matter, speculation has been rife that Jeff Bezos, the billionaire founder of Amazon, made a jaw-dropping attempt to acquire Howard Stern’s prestigious Palm Beach residence for a staggering $300 million, according to the information in the Page Six report. The whispers of this potential transaction have sent shockwaves through the affluent community, with residents and observers alike captivated by the notion of one high-profile figure acquiring the property of another.

Fueling the rumors further, Palm Beach magazine Palmer recently posted a cryptic blind item on Instagram, hinting at the culmination of Jeff Bezos and his partner Lauren Sanchez’s house hunt with the purported purchase of a sprawling 2-acre oceanfront estate owned by another prominent local couple, as was detailed in the Post’s Page Six. The post, under the title “Rumor Has It,” tantalizingly suggested that the sale price could surpass the eye-watering sum of $300 million, adding to the intrigue surrounding the supposed transaction.

However, when confronted with inquiries about the alleged sale, conflicting accounts emerged. Indicated in the Post’s Page Six report was that one local source vehemently denied the rumors, asserting that Howard Stern had rebuffed Bezos’s advances, declaring the property not for sale, even at an exorbitant offer of $500 million. This assertion adds a twist to the narrative, suggesting that Stern may have declined a substantial windfall in favor of retaining his prized residence.

Sources close to both Jeff Bezos, aged 60, and Howard Stern, aged 70, have also refuted the rumors, dismissing the speculation as entirely unfounded. The Post’s Page Six report also noted that despite the fervent chatter circulating among Palm Beach’s elite circles, these insiders maintain that there is no truth to the purported real estate deal, quelling the speculation surrounding the potential acquisition.

Instead, Bezos has made headlines for his acquisitions on the coveted Indian Creek Island, where he recently purchased three mansions for a combined sum of $237 million, a staggering display of his immense wealth and penchant for luxurious living, as was affirmed in the Post’s Page Six report.

Meanwhile, Howard Stern, the iconic shock jock and former “America’s Got Talent” judge, has reportedly refuted the rumors of Bezos’s interest in his Palm Beach property, according to sources familiar with the situation, Page Six reported. Stern, known for his outspoken nature, has purportedly informed his close associates that there is no truth to the speculation surrounding Bezos’s supposed bid for his sprawling oceanfront estate.

Stern’s own real estate ventures have been the subject of speculation as well. In 2013, he reportedly acquired a lavish Palm Beach property for $52 million through a trust, embarking on extensive renovations with his wife Beth Stern, estimated to cost around $13 million, as was reported by the Post’s Page Six. The couple’s investment in their Palm Beach abode calls attention to the allure of the coastal enclave and the desire for unparalleled luxury among the elite.

The allure of Palm Beach and Indian Creek Island extends beyond their picturesque landscapes to the exclusive communities that inhabit them. The information contained in the Page Six report revealed that Indian Creek, often dubbed the “Billionaire Bunker,” boasts an array of high-profile residents, including NFL legend Tom Brady, political power couple Ivanka Trump and Jared Kushner, and smooth crooner Julio Iglesias. Bezos’s presence among this elite cohort further cements the island’s reputation as a playground for the ultra-wealthy.

Despite their disparate backgrounds and lifestyles, Jeff Bezos and Howard Stern share a curious coincidence: they both celebrate their birthdays on January 12, the Post’s Page Six noted. Beyond this shared quirk, the two luminaries occupy different spheres of influence, yet find themselves entangled in the intrigue of Florida’s elite real estate market.

As the rumors swirl and speculation mounts, the truth behind Bezos’s property pursuits and Stern’s real estate holdings remains shrouded in mystery. Whether these whispers ultimately materialize into concrete transactions or dissipate into the ether of celebrity gossip, one thing remains certain: the allure of luxury living in Florida’s most coveted enclaves continues to captivate the imagination of the rich and famous.

 

 

IDF making final preparations for Rafah invasion, completing Gaza war

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Flames and smoke billowing after an Israeli air strike on the city of Rafah, in the southern Gaza Strip, May 13, 2021.(Flash90/Abed Rahim Khatib)

By World Israel News Staff

After a number of delays, Israel is preparing for a ground invasion of Rafah, which is widely considered the last Hamas stronghold in the Gaza Strip.

According to a report from Hebrew-language Channel 12 News, the incursion into Rafah will mark the final stage in the ongoing Swords of Iron War.

The Biden administration is finally authorizing an Israeli operation within the city, after good-faith efforts by Israel to establish a ceasefire and hostage release deal were reportedly rejected by Hamas, according to the report.

Israel believes that Hamas chief Yahya Sinwar and at least four of the terror group’s battalions are currently hunkering down in Rafah. Numerous Israeli hostages are also likely being held in the city.

“Hamas was hit hard in the northern sector. It was also hit hard in the center of the Strip. And soon it will be hit hard in Rafah, too,” Brig. Gen. Itzik Cohen, told Kan News on Tuesday.

‘WE WANT TO STAY HERE’ – GAZANS IN ISRAEL WITH HOSPITALIZED KIDS
“Hamas should know that when the IDF goes into Rafah, it would be wise to raise its hands in surrender,” he said.

“Rafah will not be the Rafah of today… There won’t be weapons stockpiles there. And there won’t be hostages there” after the IDF incursion, he added.

The first phase of the operation will see Israel distribute additional humanitarian aid to the north of the Strip, where Rafah’s civilian population will be evacuated.

In Khan Younes and other central areas of the Strip, Israel will strengthen essential infrastructure, such as electricity, sewage and water.

The Israeli army will also work to ensure that medical services are available to those leaving Rafah and southern Gaza. The IDF will establish field hospitals, providing additional support to local medical centers.

Satellite imagery recently revealed that Egypt is setting up a massive tent city in the Sinai Desert, presumably to house refugees from Rafah who will enter Egyptian territory, rather than going to the central and northern regions of the Strip.

The United Arab Emirates is also providing support for additional tents, and Israel’s Defense Ministry has reportedly purchased some 40,000 tents to house displaced Gazans.

Columbia U’s President Minouche Shafik Must Resign!

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Columbia’s President Minouche Shafik testified before a congressional House committee over the failed university’s response to a burgeoning Jew hatred. Credit: AP Photo/Miriam Zuhaib

Columbia U’s President Minouche Shafik Must Resign!

In recent events at Columbia University, a disturbing scenario has unfolded, demonstrating a severe lack of leadership and a troubling indulgence of extremist positions that threaten the very fabric of a respected academic institution. President Minouche Shafik, who initially showed resolve by involving the NYPD to address the occupation by “pro-Palestine” protestors, has since displayed an alarming reversal in stance that raises serious concerns about the administration’s priorities and its commitment to the entire university community.

President Shafik, despite an impressive resume that spans top positions in global institutions such as the Gates Foundation, the London School of Economics, the Bank of England, the World Bank, and the International Monetary Fund, appears ill-equipped to handle the escalating tensions on campus. Her approach to the current crisis—marked by a deference to protestor demands to the detriment of the broader university community—suggests a leadership style that is overly conciliatory and lacking in the decisiveness required in times of institutional crisis.

The rhetoric used by President Shafik in her public statements—expressing sorrow and calling for dialogue and compromise—while noble sounding, fails to address the immediate needs of the university to maintain order and protect its values. It is clear that the protesters are not interested in dialogue; their refusal to engage with the administration’s calls for conversation shows a disregard for compromise. The current administration’s inability to enact more robust measures has only emboldened this faction at the expense of the entire Columbia community.

The escalation of the protest into a more permanent encampment, with participants reportedly adopting openly pro-Hamas rhetoric and issuing dire warnings to Jewish students, represents not just a failure of university policy but an affront to the principles of safety, inclusion, and academic freedom. Such developments are not only unacceptable but deeply troubling in an institution that prides itself on a diverse and open academic environment.

It is particularly concerning that these protestors are being seemingly privileged over other students. The university’s decision to shift entirely to remote learning as a response to the protests unjustly penalizes students who have paid for, and rightly expect, an in-person educational experience. This decision, while perhaps intended as a measure to maintain safety and order, effectively rewards disruptive behavior and sets a dangerous precedent.

Furthermore, the decision to transition to remote classes as a response to the protesters’ threats rather than addressing the root cause of the disruption is a classic example of enforcing what is known as the “heckler’s veto.” This term describes a situation where a speaker’s right to freedom of expression is curtailed to prevent reactions from the heckler. In the context of Columbia, it translates to prioritizing the demands of a loud minority over the rights and needs of the majority of students and faculty who wish to continue their educational and professional activities without interruption.

Moreover, the sidelining of voices like that of Shai Davidai, an Israel-born assistant professor at Columbia’s business school, is emblematic of a larger issue. Reports that his keycard was deactivated under the guise of safety concerns suggest a selective silencing of dissenting views. This is not only a breach of the academic duty to foster dialogue and debate but also a potential violation of individual rights within the university. Every member of the Columbia community should have the right to free movement and free expression within the campus, conditions that are foundational to the academic mission and critical to personal development and intellectual exchange.

For years, Columbia has been at the forefront of academic freedom, a principle that has allowed diverse and often controversial viewpoints to be explored and debated. This freedom is foundational to any institution dedicated to the pursuit of knowledge. However, the presence of faculty members who espouse radically anti-Israel sentiments, such as the late Edward Said and, more recently, Professor Joseph Massad and lecturer Kayum Ahmed, raises serious questions about where the line is drawn between academic freedom and the fostering of a hostile environment.

The recent comments by Professor Massad, celebrating violent attacks, and the teachings of lecturer Ahmed, labeling Israel a “colonial settler state,” go beyond the bounds of academic debate and venture into the realm of incitement. These statements do not contribute to understanding or solving the complex issues of the Middle East but rather polarize and radicalize opinions without offering a constructive path forward.

The role of the university is not to serve as an echo chamber for extremist views but to encourage a broad spectrum of opinions where scholarly debate can thrive. This means promoting an environment where differing views are expressed within a framework of respect and understanding, not through the lens of bias and discrimination.

The behavior of students who adopt violent methods of protest and the faculty who support such actions must also be addressed decisively. Academic freedom should not be confused with a license to intimidate or suppress the free speech of others. When the academic environment turns hostile, it not only undermines the principles of free speech and free thought but also betrays the academic mission itself.

This situation at Columbia requires immediate and decisive action. President Shafik and the Columbia administration need to reaffirm their commitment to the entire university community, not just a vocal faction that seems to espouse increasingly radical views. The university should be a beacon of learning and leadership, standing firm against any form of extremism, including anti-Semitism, which has no place in an institution of higher learning or anywhere else in society.

What Columbia needs now is not a leader who stands by as essential values are trampled upon but one who can assert authority and restore order. The role of a university president is not just to promote dialogue but also to uphold the law and ensure the safety and well-being of all students and staff. This includes making difficult decisions, such as involving law enforcement to clear unlawful encampments and taking disciplinary actions against those who disrupt the academic and social order, be they students or faculty.

The call for President Shafik’s resignation is a stark indication of the need for new leadership—a leadership that understands the profound responsibility of managing one of the world’s leading universities and upholding the principles of justice and equality unequivocally. This change, however drastic, may be necessary to restore trust and ensure the safety and academic integrity of Columbia University. It is time for Columbia to reclaim its place as an institution not only of learning but of moral courage and inclusive values.

The Dark Side of Real Estate: The Debate Over Anti-Money Laundering Rules

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(Image courtesy Pexels)

The Dark Side of Real Estate: The Debate Over Anti-Money Laundering Rules

Edited by: TJVNews.com

Earlier this year, the U.S. Treasury Department made headlines with its proposal to impose stricter anti-money laundering regulations on sectors previously under less scrutiny—investment advisers and the real estate industry, as was recently reported in The Wall Street Journal.  This move, aimed at curtailing the infiltration of illicit funds into the U.S. economy, has sparked a debate among professionals within these sectors. While there is a general consensus on the importance of thwarting money laundering, the path to achieving it appears contentious, particularly over who should bear the burden of these new regulatory measures.

The Treasury’s initiative seeks to address what many experts consider significant vulnerabilities in the United States’ defenses against money laundering. Indicated in the WSJ report was that historically, stringent requirements have been placed on banks and money transmitters, which are mandated to vet customers thoroughly and report any suspicious activities to the Financial Crimes Enforcement Network (FinCEN). However, recent incidents have highlighted how private funds and real estate transactions can also serve as channels for laundering illicit funds, prompting a reevaluation of regulatory scopes.

Despite these concerns, many from the investment and real estate sectors are pushing back against the proposed rules. They advocate for regulations that are as narrow as possible and suggest shifting the responsibility for implementing these checks to other parties within their industries, according to the information provided in the WSJ report. This perspective stems partly from concerns about the potential financial and operational burdens that comprehensive compliance could impose.

Industry feedback has been pouring into FinCEN, with some questioning the proportionality of the response to the perceived risk. For instance, Andreessen Horowitz, a heavyweight in the venture capital community, has openly criticized the proposed regulations for investment advisers. In their correspondence to FinCEN, the firm argued that the new rules would lead to “expensive and duplicative regulation” without significantly advancing law enforcement goals or mitigating the risk of illicit financial activities, as per the information contained in the WSJ report. They contend that there is scant evidence to suggest that venture capital firms are a frequent target or conduit for money laundering activities, proposing that such firms be exempt from the new rule.

A significant focus of these efforts has been on broadening the scope of oversight to include investment advisers and the real estate industry, two areas perceived as potential weak spots in the financial system’s defenses against illicit activities.

The initiative to bring investment advisers under FinCEN’s anti-money laundering (AML) supervision initially emerged in 2015. However, according to the WSJ report, this proposal met with considerable resistance from the industry, leading to its eventual shelving. The industry’s concerns were primarily about the practical implications of implementing such regulations, which many viewed as onerous and possibly redundant.

Fast forward to the present, FinCEN has revisited this initiative, reflecting an evolving understanding of the risks and a desire to tighten the loopholes that have historically allowed illicit funds to permeate through the U.S. economy. The Managed Funds Association (MFA), representing the interests of the investment funds industry, acknowledges the necessity of FinCEN’s goals but remains cautious. The report in the WSJ said that while they noted that the latest iteration of the investment adviser rule marks an improvement over the 2015 proposal, the MFA has expressed reservations about its design and execution. Particularly, they have called for more clarity on how the rule would apply to advisers managing pooled investment vehicles, suggesting that the anti-money laundering reporting obligations should be shifted to the fund administrators, given their direct relationship with the funds rather than the individual investors, the WSJ report added.

Similarly, in the real estate sector, where transactions often involve multiple parties and complex layers of ownership, the need for clear and effective regulatory guidance is pronounced. Detailed in the3 WSJ report was that FinCEN’s recent proposals aim to address these complexities by introducing requirements for certain parties in residential real estate transactions—particularly those involving cash purchases or non-traditional financing—to file reports if the buyer is a legal entity or trust.

To allocate responsibility for compliance, FinCEN has suggested a “cascade” method, where the duty to report could fall on various participants depending on their role in the transaction. The WSJ also reported that at the forefront are professionals providing settlement services, followed by those underwriting the buyer’s title insurance policy. This method is designed to ensure that at least one entity involved in the transaction has a clear mandate to monitor and report suspicious activities, thereby fortifying the system’s overall integrity.

The challenge for FinCEN lies in balancing the imperative to safeguard the financial system with the practical and economic realities faced by those in the investment and real estate sectors. The bureau’s approach indicates a shift towards more nuanced regulations that consider the specific functions and relationships inherent in different types of financial activities.

The WSJ report noted that a significant aspect of these efforts includes tightening the scrutiny on the real estate sector, particularly focusing on all-cash transactions which have historically been a blind spot for regulatory oversight.

The National Association of Realtors (NAR) has voiced strong opposition against placing the burden of verifying the source of funds for real estate transactions on agents and brokers. In their communication to FinCEN, they argued that requiring agents and brokers to obtain sensitive financial information from clients could not only place them in difficult ethical and professional positions but could also expose them to potential dangers, as was noted in the WSJ report. The real estate transactions often involve large sums of money, making stringent vetting processes not only cumbersome but potentially risky if personal safety is compromised in high-stake deals.

 

Concurrently, the American Land Title Association (ALTA), representing the title and settlement industry, echoed similar concerns about the proposed rule’s practical implications. They pointed out that the vast majority of title companies are small businesses, with over 90% classified as such according to the Small Business Administration, the WSJ reported.  ALTA has argued that the financial and administrative burden imposed by the proposed rules would be particularly challenging for these smaller entities. They suggested that instead of title companies, escrow agents or attorneys might be better positioned to handle the AML responsibilities, given their roles in managing the financial aspects of real estate transactions.

Independence Title, a title insurance company operating in Texas, provided a concrete example of the operational challenges posed by enhanced AML regulations. The company, which handles thousands of residential transactions monthly, highlighted the significant costs associated with compliance. Particularly, they noted the drastic increase in the number of reports filed to FinCEN—from almost none prior to 2021 to over a hundred in 2023, according to the WSJ report. This increase followed the implementation of geographic targeting orders which require title insurance companies to identify the beneficial owners in all-cash real estate purchases above certain thresholds in specified areas, including major cities in Texas such as San Antonio, Dallas, and Houston.

The company stressed that to comply with these orders, it had to significantly expand its compliance team and upgrade its technological systems to adequately track and report transactions deemed suspicious, as noted in the WSJ report. This adaptation involves not only a financial outlay but also a diversion of resources from other business areas, impacting overall business efficiency and service delivery.

Among the diverse voices contributing to this dialogue, anticorruption groups stand out as fervent advocates for broadening the scope of these rules.

A notable participant in this discourse is the FACT Coalition, which, in a recent letter, emphasized the necessity of extending anti-money laundering checks to foreign investment advisers and family offices, the WSJ reported. This call reflects a broader sentiment within anticorruption circles, urging FinCEN to ensure that its regulations possess the widest possible reach.

While FinCEN does not individually respond to each comment it receives, the agency carefully considers this feedback in the formulation of its final rules. However, this process is not swift, often spanning several months before tangible outcomes emerge. According to the WSJ report, a spokesperson for the Treasury acknowledged the ongoing review of comments, affirming that the diverse perspectives shared by various stakeholders, including industry players and advocacy groups, are pivotal in shaping more robust and effective regulations.

In recent years, FinCEN has found itself increasingly burdened with new mandates and responsibilities. Despite its modest size, this Treasury bureau serves as a linchpin in the nation’s anti-money laundering efforts and financial intelligence gathering. However, the WSJ report said that the agency has faced challenges in keeping pace with its expanding role. The report added that directors and proponents of FinCEN have actively lobbied Congress for increased funding, citing staffing shortages and resource constraints as impediments to executing the ambitious regulatory agenda envisioned by lawmakers.

The significance of FinCEN’s role has further escalated in the context of geopolitical events. Against the backdrop of Russia’s incursion into Ukraine, both the Biden administration and lawmakers have turned to the Treasury’s arsenal of tools to impose sanctions and punitive measures, the report in the WSJ indicated. This reliance calls attention to the critical role FinCEN plays in safeguarding national security and combating illicit financial activities.

In tandem with its proposed regulations on real estate and investment advisers, FinCEN is undertaking the formidable task of establishing a comprehensive corporate ownership database. Detailed in the WSJ report was that this database aims to centralize information on the ownership structures of millions of corporate entities across the United States. Lawmakers anticipate that this initiative will enhance efforts to combat money laundering and curtail the exploitation of entities such as limited liability companies by individuals with nefarious intentions, including Russian oligarchs with ties to President Vladimir Putin.

 

Hamas offers 5-year ceasefire in exchange for Palestinian statehood

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Hamas official (YouTube/MEMRI/Screenshot)

By World Israel News Staff

A senior Hamas official said the terror group is open to a five-year ceasefire and would be willing to lay down its weapons should an independent Palestinian state be established along the borders of pre-1967 Israel.

Khalil al-Hayya told the Associated Press in Istanbul that Hamas would disarm should a two-state solution come to a fruition, but added that the terror group would become part of a Palestinian army.

“All the experiences of people who fought against occupiers, when they became independent and obtained their rights and their state, what have these forces done? They have turned into political parties and their defending fighting forces have turned into the national army,” al-Hayya said.

Referencing stalled negotiations aimed at bringing about an end to the fighting in the Gaza Strip, al-Hayya doubled down on Hamas’ refusal to release hostages without a long-term ceasefire.

“If we are not assured the war will end, why would I hand over the prisoners?” he said.

MEDIA IGNORES STARTLING PALESTINIAN PUBLIC OPINION SURVEY
Al-Hayya also claimed that Israel’s offensive in the Strip had left the majority of the terror group’s fighters and weapons stockpiles intact.

The Israeli army has “not destroyed more than 20% of [Hamas’] capabilities, neither human nor in the field,” al-Hayya told AP. “If they can’t finish [Hamas] off, what is the solution?”

The Hamas representative said that the terror group would partner with the Palestinian Authority, its longtime political rival, in order to form a government for a newly-established Palestinian state.

Notably, al-Hayya said that said state would encompass both the Gaza Strip and Judea and Samaria – meaning that the Israeli government would need to conceding that territory.

Israeli officials have long held that transferring Judea and Samaria to the Palestinians, and presumably evacuating the some 500,000 Israeli citizens in that region, is a non-starter.

 

Airlines will now be required to give automatic cash refunds for canceled and delayed flights

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San Antonio International Airport: Ranked eighth, San Antonio’s airport enhances the overall layover experience for travelers. Credit: flysanantonio.com

(AP) The Biden administration issued final rules Wednesday to require airlines to automatically issue cash refunds for things like delayed flights and to better disclose fees for baggage or canceling a reservation.

The Transportation Department said airlines will be required to provide automatic cash refunds within a few days for canceled flights and “significant” delays.

Under current regulations, airlines decide how long a delay must last before triggering refunds. The administration is removing that wiggle room by defining a significant delay as lasting at least three hours for domestic flights and six hours for international ones.

Airlines still will be allowed to offer another flight or a travel credit instead, but consumers can reject the offer.

The rule will also apply to refunds of checked-bag fees if the bag isn’t delivered within 12 hours for domestic flights or 15 to 30 hours for international flights. And it will apply to fees for things such as seat selection or an internet connection if the airline fails to provide the service.

 

Complaints about refunds skyrocketed during the COVID-19 pandemic, as airlines canceled flights and, even when they didn’t, many people didn’t feel safe sharing a plane cabin with other passengers.

Airlines for America, a trade group for large U.S. carriers, noted that refund complaints to the Transportation Department have fallen sharply since mid-2020. A spokesperson for the group said airlines “offer a range of options — including fully refundable fares — to increase accessibility to air travel and to help customers make ticket selections that best fit their needs.”

The group said the 11 largest U.S. airlines issued $43 billion in customer refunds from 2020 through 2023.

The Transportation Department issued a separate rule requiring airlines and ticket agents to disclose upfront what they charge for checked and carry-on bags and canceling or changing a reservation. On airline websites, the fees must be shown the first time customers see a price and schedule.

 

The rule will also oblige airlines to tell passengers they have a guaranteed seat they are not required to pay extra for, although it does not bar airlines from charging people to choose specific seats. Many airlines now charge extra for certain spots, including exit-row seats and those near the front of the cabin.

The agency said the rule will save consumers more than $500 million a year.

Airlines for America said its members “offer transparency and vast choice to consumers” from their first search.

The new rules will take effect over the next two years. They are part of a broad administration attack on what President Joe Biden calls “junk fees.” Last week, Transportation Secretary Pete Buttigieg announced that his department will let state officials in 15 states help enforce federal airline consumer protection laws.

Watch: Migrants Brawl Outside Hotel in New York, Swing Sticks, Bats, Belts

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(screenshot from social media )

Paul Roland Bois (Breitbart)

A band of migrants brawled outside of a Midtown hotel in New York City where they were seen fighting with sticks, belts, bats, and even traffic cones.

“At least a dozen asylum seekers squared off Sunday afternoon outside The Row hotel on Eighth Avenue, with one out-of-control migrant seen swinging a bat menacingly at the mob before one of the combatants is taken to the ground and pummeled by four others,” reported the New York Post.

“At least two men are seen wearing bicycle helmets as the two sides square off in the middle of the street — even as motorists stream by in the middle of the brawl,” it added.

A migrant later ran up behind another and seemed to knock the helmet off his head. Footage capturing the moment went viral on X Wednesday.

It remains unclear as to what started the fight.

The Row Hotel represents one of the dozens of hotels that have been converted into shelter for migrants seeking asylum in New York, a majority of whom were bussed from the U.S. Southern border.

As Breitbart News reported, a pair of murders in Michigan, allegedly at the hands of migrants, may be enough to tip the scales away from President Joe Biden toward former President Donald Trump in the next election if certain trends continue.

“Strategic National CEO John Yob, whose firm had some of the most accurate polling in 2016, suggests a pair of murders in Michigan, allegedly at the hands of illegal aliens, will drive Michiganders toward former President Donald Trump,” said the report.

“In a memo published Tuesday, Yob says the analysis was difficult to write given the circumstances, but notes it is necessary as a pollster ‘to determine the impacts of current events on our political system,’” it added.

Paul Roland Bois directed the award-winning Christian tech thrillerEXEMPLUM, which can be viewed for FREE on YouTube or Tubi. “Better than Killers of the Flower Moon,” wrote Mark Judge

Netanyahu Denounces Anti-Semitic Surge in U.S. Amid Campus Protests

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Israeli prime minister Benjamin Netanyahu holds a press conference at the Ministry of Defense in Tel Aviv on February 29, 2024. (Nimrod Klikman/POOL)

Netanyahu Denounces Anti-Semitic Surge in U.S. Amid Campus Protests

Edited by: Fern Sidman

Israeli Prime Minister Benjamin Netanyahu has expressed grave concerns about the abundantly clear “anti-Semitic surge” across the United States, particularly highlighted during recent university campus protests , as was reported on Wednesday in The Times of Israel. His remarks come at a time when tensions are palpably high, with pro-Hamas activists increasingly vocal in their criticism of Israel’s military actions against Hamas in Gaza.

The situation on U.S. university campuses has become increasingly fraught. Jewish students and faculty report that the demonstrations, ostensibly aimed at protesting Israeli policy, have devolved into episodes of anti-Semitic harassment and even outright calls for violence against Jewish individuals, as was noted in the TOI report.  According to these reports, some activists have not only protested Israel’s policies but have also voiced support for Hamas’s actions, including the tragic massacre of 1200 Israeli civilians on October 7.

Netanyahu’s statement draws a dire comparison, likening the current climate to the anti-Semitic atmosphere of pre-Holocaust Nazi Germany, particularly within German universities. “Anti-Semitic mobs have taken over leading universities,” Netanyahu stated, according to the TOI report.  He described scenes of protesters calling for the “annihilation of Israel” and launching personal attacks against Jewish students and faculty, which he characterizes as reminiscent of one of history’s darkest periods.

In his video message, the Prime Minister emphasized the dangerous potential of unchecked anti-Semitism, which not only threatens Jewish communities but also presages broader global conflict. “We have to stop anti-Semitism because anti-Semitism is the canary in the coal mine,” he explained, as per the information in the TOI report.  According to Netanyahu, the rhetoric used by some protesters goes beyond anti-Israel sentiments, extending to “Death to America,” signaling a broader anti-Western sentiment.

Netanyahu’s call to action is clear: he seeks an unequivocal condemnation of these anti-Semitic behaviors and rhetoric, which he asserts must be addressed promptly to prevent any further escalation that could have wider repercussions. His comparison to historical events serves as a somber warning of the potential dangers of allowing such sentiments to spread unchecked.

The response to Netanyahu’s message has varied, with supporters asserting the need for a strong stance against any form of hate speech and anti-Semitism, while critics argue about the complexities of conflating anti-Israel sentiment with anti-Semitism. However, the Prime Minister’s message calls attention to a profound concern regarding the safety of Jewish students and the broader implications for Jewish communities across the globe.

 

At Columbia University in New York City, a significant development occurred in the ongoing saga of anti-Israel protests that have gripped the campus. The university administration and protesting students engaged in extended negotiations concerning the dismantling of numerous tents that had been set up as part of an anti-Israel encampment, as was explained in the TOI report.

The university extended a critical deadline by 48 hours, initially set for midnight. This extension was granted in a bid to foster continued discussions and was heralded as a sign of “significant progress” by university officials. The TOI also reported that this development came as similar protests began to spread to other U.S. colleges, including the University of Southern California, signaling a national wave of student activism focused on the Israeli-Palestinian conflict.

The student group Columbia University Apartheid Divest, a coalition of pro-Hamas student organizations, has been at the forefront of the protests. They communicated that while the university had extended the deadline for negotiations until 4 a.m. on Friday, there was no explicit agreement yet to dismantle the tents. Indicated in the TOI report was that the talks reportedly hit a snag late Tuesday when Columbia allegedly threatened to clear the encampment forcibly, involving the New York Police Department or even the National Guard. However, the TOI report added that the university later issued a written commitment that withdrew any such threat, as confirmed by Columbia spokesperson Ben Chang, who clarified that there was “absolutely no basis” for claims regarding the involvement of the National Guard.

While the right to protest is fundamental in democratic societies, the nature of some of these protests—particularly when they involve allegations of anti-Semitism or support for groups like Hamas—raises serious ethical and safety concerns that universities must address.