Boston University economics professor Laurence Kotlikoff says the government “is going broke.” In a Federal Reserve Bank of St. Louis Review article, he points out that bankruptcy is usually defined as an inability to pay interest on current debt, with no prospect of being able to pay without changes in circumstances. In assessing whether the […]
The weeklong US-Israel marathon in Jerusalem and Tel Aviv ending Thursday, July 30 was the platform for the Obama administration’s first unveiling of a new US diplomatic-military program for Iran and its nuclear threat, DEBKAfile’s military and intelligence sources disclose. The three-staged program was presented by US defense secretary Robert Gates and national security adviser […]
The United States Military and the Israel Defense Forces (IDF) this week conducted a joint exercise of an advanced X-Band radar missile detection system, The Jerusalem Post reported. The powerful radar system, located in southern Israel, gives the IDF additional time to track and destroy incoming missiles. The United States deployed the system in […]
