Capistrano Global

10/25/2024

Keep America Free from Totalitarianism

If We Want to Avoid Dictatorship in America, We Need to Avoid Socialism

Socialist Principles Lead to Communism Which Leads to Totalitarianism

By Antonio J. Soave
October 25, 2024

In America we believe in fundamental and basic freedom. We have certain guarantees in our Constitution that protect such pursuits—life, liberty, happiness, freedom of speech, freedom of religion, and freedom of assembly. We are also fiercely independent as a nation, and we have been established upon Judeo-Christian principles from the get-go. All of this makes us unique as a country with democratic principles. It is, therefore, quite ironic that certain political forces would have us believe that curtailing these freedoms is good for America. That is what Socialism does: It restrains, restricts, and inhibits freedom. Ultimately—when it arrives at its final goal of the establishment of a Communist regime—it eliminates freedom of religion, freedom of speech, and freedom of assembly.

Throughout time, Socialism has led to disastrous results. It has, invariably, led to the establishment of regimes that have been brutally oppressive in nature. In recent years, we need only to look at nations such as North Korea, Venezuela, and Cuba. In the past, we have seen the horrendous outcomes of the former Soviet Union, China under Mao, the former Yugoslavia, Cambodia, and Romania (just to name a few). These nation-states were replete with genocide, murder, coercion, and oppression of all sorts. According to many political scientists, Socialist-Communist regimes have led to the extermination of over 150 million since the turn of the last century.

Socialism-Communism is understood to “lord itself” over populations by limiting the very freedoms that it says it will establish and expand. Make no mistake, Socialism-Communism has led to—and leads to—fear, intimidation, terrorization, and coercion of all sorts and types. In turn, the world has witnessed and documented that regimes of that nature have brought their people to ex*****on, genocide, famine, and imprisonment. Under Stalin alone, the former Soviet Union is believed to have murdered at least 20 million of its own people through a variety of means.

That is why this election is so crucial.

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10/24/2024

Securing Schools & Other Buildings

Get Bullet-Proof Door Systems for Schools and At-Risk Buildings Now

National Security Grant Program (NSGP) Expanded – Starting October 28/29 of 2024

By Antonio J. Soave
October 24, 2024

This morning brought some wonderful news: The National Security Grant Program (NSGP) has been expanded and reopened to provide more funding for non-profits, including schools and the like.

These NSGP grants can be used specifically for protecting the actual “building envelope” from armed incursions. As a result, bullet-proof door systems can be included into the NSGP request. These bullet-proof entryways and vestibules virtually eliminate the possibility of armed entry into a school and/or other building that could be considered to be “at risk.”

The NSGP provides at least $150,000 in grant funding to a qualifying school, NGO, and government structure considered to be at-risk.

One joint venture entity installing these bullet-proof door systems nationally is American Security Doors-John DeMattia Construction (“ASD”). ASD is about to install some of the latest bullet-proof door systems at schools in the Midwestern United States, and this trend is expected to accelerate in the wake of global terrorist concerns, from the expanding war in the Middle East to the ever-growing conflict between Russia and Ukraine. ASD is also one of the only entities nationally that fully install a complete bullet-proof door system for under $150,000 (with all costs included—the door, the bullet-proof glass, the metal detectors, construction, electrical connections, etc.).

Apart from schools and government buildings (i.e., courthouses, etc.), though, who else is eligible?

Who Is Eligible?

Nonprofit organizations determined to be at high risk of a terrorist attack due to their ideology, beliefs, or mission.

By the way, this information was just posted on government and NGO websites today as well:

Grant guidance will be released in an announcement Monday, October 28th or Tuesday, October 29th providing funding for nonprofits for security enhancements.

This opportunity is open to every nonprofit that is eligible. We encourage those that applied but did not receive funding in FY24 to reapply.

The only details we have currently are as follows:
• Single applicants can apply for up to $150,000
• Applicants can apply as consortium (up to 5 nonprofits) for up to $200,000 each
• New IJ form will need to be completed
• New multiplier was added: Sub applicant’s SAA score will be multiplied by a factor of four for nonprofits facing heightened threat resulting from the Israel-Hamas war. Must draw a clear connection in project narrative to qualify.

Source: Compilation of websites on the World Wide Web; online today.

Schools, architects, construction companies and other orgnanizations should contact John DeMattia today to receive a free quote, as well as a free security assessment. This is his email address:

[email protected]

If you would like more information of this nature, please contact me and I will add you to my mailing list.

10/22/2024

Valuation of Early-Stage Companies

Using Earnings in Perpetuity and Discounted Cash Flows

Terminal Value Utilized for Valuation Modeling

By Antonio J. Soave
October 22, 2024

It’s so difficult to properly assess the value of a “start-up” company, but it is fundamentally important to do so. It is also imperative that our valuations are proper and that they follow pre-determined models that are generally accepted in the investment industry. In light of this, we will take to a model known to—and referred to—as the Terminal Value model.

To begin with, let us define Terminal Value:

Generally speaking, Terminal value or “TV” is considered to be the value of an asset, business, or project beyond the forecasted period when future cash flows are to be estimated. This approach assumes that a business will grow at a set growth rate in perpetuity after the forecast period.

Source: GGS & World Wide Web

Most certainly, the TV model is not the only model, but it is one that can prove useful, especially to promising start-ups in the tech and AI space in today’s world.

A couple of key features are included in this TV model, too. These are worth noting:

1. Proper and appropriate forecasting (proforma assumptions)
2. Future free cash flows
3. Discounted cash flow
4. A sound management team
5. P/E ratios that are in accordance with industry standards

According to Investopedia online:

How to Calculate Terminal Value (TV)

The terminal value (TV) is the estimated value of a company beyond the initial forecast period in a DCF model.

The premise of the DCF approach states that an asset (i.e., the company) is worth the sum of all of its future free cash flows (FCFs), which must discounted to the present day.

Projected cash flows must be discounted to their present value (PV) because a dollar received today is worth more than dollar received on a later date (i.e. the fundamental “time value of money” concept).

Since it is not feasible to project a company’s FCF indefinitely, the standard structure used most often in practice is the two-stage DCF model.

1. Explicit FCF Forecast (~5-10 years)
2. Terminal Value (TV)

The accuracy of forecasting tends to reduce in reliability the further out the projection model tries to predict operating performance.

On that note, simplified high-level assumptions eventually become necessary to capture the lump sum value at the end of the forecast period, or “terminal value”.

In practice, there are two widely used methods to calculate the terminal value as part of performing a DCF analysis.

1. Growth in Perpetuity Approach
2. Exit Multiple Approach

Then, Mass Challenge online tells us this as well:

Once you have your figures ready, use this calculation:

• Terminal Value = projected revenue * projected margin * P/E
• Terminal Value = earnings * P/E

E.g. A tech company projects a $10M revenue in 5 years, with a profit margin of 10%. The industry P/E ratio is 20.

So, terminal value = $10M * 10% * 20 = $20M

Calculating the pre-money valuation

For the second step, you need the following:
• Required return on investment (ROI)
• Investment amount

Then use this calculation:

• Pre-Money Valuation = Terminal value / ROI –
Investment amount

Source: https://masschallenge.org/article/how-to- value-a- startup-company-with-no-revenue

Projected Revenue $10 million
Projected Margin 10%
Industry P/E Ratio 20 million

Then, do this (with the following assumptions attached for TV, investment and growth):

Terminal Value / ROI – Investment Amount: $20 million -$3 million = $17 million

• Note from Schwab regarding P/E:

The P/E for a stock is computed by dividing the price of a stock (the "P") by the company's annual earnings per share (the "E"). If a stock is trading at $20 per share and its earnings per share are $1, then the stock has a P/E of 20 ($20/$1). Likewise, if a stock is trading at $20 a share and its earning per share are $2, then the stock is said to be trading at a P/E of 10 ($20/$2).

Source: Schwab online.

We should keep this in mind as well (as mentioned above):

The premise of the DCF approach states that an asset (i.e., the company) is worth the sum of all of its future free cash flows (FCFs), which must discounted to the present day.

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10/08/2024

U.S. Direct Military Intervention Abroad is Jeopardizing U.S. Security

Over $61 Billion to Ukraine Alone

We Need to Work for Peace, Not Provoke War

Pay Special Attention to the Government’s PDAs: Presidential Drawdown Authority

The Opposite of Public Displays of Affection

We may not always realize and/or recognize the degree to which the United States is currently involved militarily in foreign conflicts, but the actual numbers may surprise you. There is a time and a place to intervene militarily, but we have gone well outside of the parameters that are normally advisable and/or acceptable. The degree of our direct military involvement not only jeopardizes our own country and our citizens, but it places much of the world in harm’s way as well. Instead of intervening so dramatically in a direct military manner, we need to spend much more time on peaceful negotiated solutions instead.

One of the key problems and primary issues is as follows: We have departed from our stance of serving as a “defensive aid” to allies who are facing incursions, to an aggressive participant in some of these conflicts, even engaging in direct preemptive military strikes.

To date (as of September 26, 2024), the U.S. has provided an astounding amount of foreign military aid to Ukraine. This is just an idea of that which the U.S. State Department has reported:

To date, we have provided more than $61.3 billion in military assistance …

Source: https://www.state.gov/u-s-security-cooperation-with-ukraine/

While this number alone is staggering—to say the least, the list of military hardware that we have provided is equally shocking:

• Two Patriot air defense batteries and munitions;
• 12 National Advanced Surface-to-Air Missile Systems (NASAMS) and munitions;
• HAWK air defense systems and munitions;
• AIM-7, RIM-7, and AIM-9M missiles for air defense;
• More than 2,000 Stinger anti-aircraft missiles;
• Avenger air defense systems;
• VAMPIRE counter-Unmanned Aerial Systems (c-UAS) and munitions;
• c-UAS gun trucks and ammunition;
• Mobile c-UAS laser-guided rocket systems;

Source: https://www.state.gov/u-s-security-cooperation-with-ukraine/

This list is so extensive that it is astounding and stupefying. Again, this is just a small sampling of military hardware and software that we have sent to Ukraine. This sort of involvement, in turn, places us in much closer proximity to the conflict, and it makes us—by extension—a participant of sorts. That is not our role, nor should it be our role. It is one thing to defend an ally; it is another to participate so extensively in a foreign conflict that we become a defacto contributor and partaker.

Additionally, we should that we have repeatedly utilized a process known as “Presidential Drawdown Authority” (PDA) on countless occasions to increase our involvement in the conflict in Ukraine:

Pursuant to a delegation by the President, we have used the emergency Presidential Drawdown Authority on 49 occasions since August 2021 to provide Ukraine military assistance totaling approximately $31.2 billion from DoD stockpiles.

Source: https://www.gao.gov/products/gao-24-106934

What are these PDAs? They are the opposite of “public displays of affection”:

Presidential Drawdown Authority allows the President to provide defense items such as ammunition and missiles from DOD's inventories to respond to foreign crises. In 2023, DOD notified Congress that it had misvalued items given to Ukraine in FYs 22 and 23 by about $6.2 billion.

Source: https://www.gao.gov/products/gao-24-106934

Well, not only are we using this PDA mechanism to provide ammunition and missiles, we have also “misvalued items” to the tune of $6.2 billion in fiscal years 2022 and 2023 with respect to Ukraine. But who’s looking? Beyond the GAO, not many.

As it pertains to conflicts in the Middle East, here, too, the U.S. has crossed many “otherwise permissible lines” in the rules of international law and foreign conflicts. In turn, the U.S.—through this sort of military intervention—continues to compromise the U.S. position regarding conflict resolution. For instance, the Voice of America website posted this headline on October 2, 2024:

Israel-Iran escalation heightens fears of widening war, direct US involvement

Source: https://www.voanews.com/a/israel-iran-escalation-heightens-fears-of-widening-war-direct-us-involvement/7808624.html

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G7 agrees Israel has the right to retaliate 'in proportion' against Iranian missile strikes

10/03/2024

A Geopolitical Challenge with Russia, Iran, Syria, and Israel

It is Now High-Time to Pay Close Attention to the Nuclear Debate

By Antonio J. Soave
October 3, 2024

Sometimes geography escapes us. For instance, the sheer size of Russia is absolutely staggering. According to the Worldometer, it is the largest country in the world with a total land area of over six million square miles (6,323,142 mi²), equivalent to 11% of the total world's landmass. It is roughly 74% larger than the United States, and it is the most populous country in Europe with over 150 million inhabitants. Russia is so large that western Siberia is only 58 miles from the coast of Alaska across the Bering Strait. Russia has eleven (11) time zones.

In terms of the Middle East-Persian crisis, southern Russia—namely the Republic of Dagestan—is few hundred miles from the northern tip of Iran. Crossing the former Soviet Republic of Azerbaijan, and straddling the Caspian Sea, one finds himself in northern Iran. Just as with Alaska, we rarely think of Russia as being so large and expansive to touch northern Europe on the west, parts of Asia (Persia/Middle East) in the south, and North America on the eastern part of the country (Siberia-Alaska). That, in turn, presents a context for the scenario currently unfolding between Israel and Iran.

Once upon a time, while I was studying foreign policy at the American University in Rome and then later in D.C. in the 1980s, “geopolitical concerns” were very much at play. In fact, one of my primary classes was named “Soviet Policymaking.” So, those were the years of the former Soviet Union, the Politburo, and the dramatic economic reforms of Mikhail Gorbachev (i.e., glasnost, perestroika). I had some great professors at American U., including former CIA directors who truly understood the Soviet landscape. I went on to do an internship at The White House under President Reagan with an exceptional boss and mentor who was of Lithuanian extraction (Lithuania was considered a “Captive Nation” along with Estonia and Latvia, and it was once part of the Soviet Union). So, I was exposed to all of this at a young age. Coupled with the fact that I had spent some formative years in Europe in the early 80s, I was able to see the world a bit differently.

Later in my professional career, I would end up spending a great deal of time in the Middle East as well.

Understanding some of this allows us to realize not the just the complexity of the region with which we are currently dealing, but also the geopolitical makeup of that area of the world, and how pivotal present challenges have now become.

Translated: Russia is in very close proximity to the areas that are affected by the current struggle—from Israel to Syria to Iran and beyond. We often view Moscow as the epicenter of these debates without realizing just how much parts of southern Russia come eerily close to the conflicts occurring in the Middle East-Persia presently. Then when considering the former Soviet Republics of Armenia and Azerbaijan, those countries actually share a long border with Iran (with Armenia bordering Turkey as well).

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10/03/2024

As Israel Weighs a Response to Iran, Russia Suddenly Intervenes

The Nuclear Threat, along with a Stark Warning for the Outbreak of World War III

Press TV: “The Kremlin warns Israel that these tensions are destructive to the region and the surrounding areas.”

News 18: “Russia has issued an urgent directive for its citizens to leave Israel following Israeli airstrikes near the Khmeimim base in Syria …”

By Antonio J. Soave
October 3, 2024

I hope and pray that I am wrong, but we are on the verge of a catastrophic military conflict like none other in recent history. Sometimes not even all the warnings in the world suffice to deter aggressors and those seeking vengeance. That which we are facing today in the Middle East—coupled with the ever-expanding war in Ukraine—threatens to spill over onto the global landscape in short order if certain leaders do not come to their senses. These political leaders seem to discount and disregard the consequences of their unending pursuit of personal power. Nowhere is this more prominent and significant than in and throughout the Middle East and Persia. Adding complexity and danger to the situation is Vladimir Putin’s stance on Lebanon and Israel in recent hours and days.

To encapsulate the matter to a degree, we’ll look to Reuters, the news outlet:

Russia on Tuesday called on Israel to withdraw troops from Lebanon, warning that the attack would lead to a further escalation of violence in the Middle East.

Israel said commando and paratroop units launched raids into Lebanon on Tuesday as part of a "limited" ground incursion, while Iran-backed Hezbollah said it had fired a barrage of missiles into Israel, including at its spy agency near Tel Aviv.

"Russia strongly condemns the attack on Lebanon and calls on the Israeli authorities to immediately cease hostilities, withdraw their troops from Lebanese territory and engage in a real search for peaceful ways to resolve the Middle East conflict," Russia's foreign ministry said in a statement.

Source: Reuters online, October 1, 2024

Added to this is the anticipated Israeli response to the Iranian missile strike. The G7 countries have already called on Israel and Benjamin Netanyahu to exercise restraint, and to ensure that only a “proportional response” take place. However, Israel seems to be intent on striking nuclear facilities in Iran, thereby creating a firestorm on the so-called global theatre. Now enter Russia into the conflict.

Russia has instructed many of its citizens to “withdraw immediately” from both Israel and Lebanon, indicating the Big Northern Bear’s willingness to enter the conflict that stretches from the far east side of the African continent to the very west of Iran—and then some.

Just hours ago, the Kremlin called on all its people to evacuate Israel. This was reported on News 18 online:

Russia has issued an urgent directive for its citizens to leave Israel following Israeli airstrikes near the Khmeimim base in Syria …

Source: News 18 online, October 3, 2024

According to various news outlets and political commentators, the Israeli strike on the Russian base in Syria has caused ‘humiliation and embarrassment’ for Putin, thereby leading to a military buildup of staggering proportion.

The U.S. and some allies are already present, having engaged directly in the conflict. This is from the U.S. Department of Defense website:

U.S. Assets in Mediterranean Again Helped Defend Israel Against Iranian Missiles

Oct. 1, 2024 | By C. Todd Lopez, DOD News |
Iran attacked Israel earlier today with a barrage of approximately 200 ballistic missiles. While most of those missiles were destroyed before reaching their target, some did impact and cause minimal damage, said the Pentagon press secretary during a briefing today.

Source: Defense. Gov

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10/02/2024

Do you want to protect schools and school children from gun violence? Install a bullet proof revolving door system. Email John today at [email protected] or contact me for a free quote and assessment.

Thank you.

10/02/2024

Seeking Help from Our Guardian Angels

Feast of Guardian Angels Today: Finding our Heavenly Soul Mates

Instructions on Dealing with Our Most Special Angel

The Special Role of Children, God’s “Little Ones”

By Antonio J. Soave
October 2, 2024

The Good Lord knows that I can use all the help that I can get. I suppose that’s why today is a most special day for me. On this Feast of Guardian Angels, I am encouraged to know that I can reach out to that wonderful angel of God to ask for assistance—at any time and on demand, because that Guardian Angel is at my side always. These angels are innocent, bountiful, and good, and they are assigned to us for the duration of our earthly lives. They reflect God. I don’t know about you, but that is most reassuring for me. So often I find that I am powerless and vulnerable, and I need support from our Lord and His mighty angels.

Likewise, today’s readings lead us to a most certain understanding that the Lord has ordained a relationship between our Guardian Angel and us. Today’s readings also tell us about the special role of humility, as well as what it means to be “like a child.” In Matthew 18 23 are told:

The disciples approached Jesus and said,
"Who is the greatest in the Kingdom of heaven?"
He called a child over, placed it in their midst, and said,
"Amen, I say to you, unless you turn and become like children, you will not enter the Kingdom of heaven.
Whoever humbles himself like this child
is the greatest in the Kingdom of heaven.
And whoever receives one child such as this in my name receives me.

"See that you do not despise one of these little ones,
for I say to you that their angels in heaven
always look upon the face of my heavenly Father."

Source: Matthew 18

There is a lot at play in this passage. Here is just a little of it:

a) Who is the greatest in the Kingdom of heaven? Children and the child-like, because the Lord tells us this in no uncertain terms: “… unless you turn and become like children, you will not enter the Kingdom of heaven.”

b) What is one of the greatest traits we can ever possess? Humility, because Jesus reminds us: “Whoever humbles himself like this child
is the greatest in the Kingdom of heaven.”

c) Lord, what must I do? I must humble myself, and I must receive a child in His name. The Lord instructs us: “… whoever receives one child such as this in my name receives me.” Why? Because we receive God when we receive a child in His Holy Name.

d) Lord, how should I treat these children? The Lord teaches me, “"See that you do not despise one of these little ones …”

e) Is their status (that status of angels) really that special? Yes, because Jesus exhorts us as follows: “… for I say to you that their angels in heaven always look upon the face of my heavenly Father."

Imagine that: The angels of children—children’s angels— “always look upon the face of [His] heavenly Father.” Notice the use of the word “always.”

I, for one, have missed a lot of this for much of my life, and I am embarrassed to say so. I have probably disregarded the presence and efficacy of my Guardian Angel for such a long time, so much so that I wonder if that Guardian Angel has “stuck around,” or if he has grown tired and weary of my non-acknowledgment of his presence. But I know that God is infinitely merciful, and He will allow me a path back to the Truth, especially if and when I am willing to humble myself and ask for forgiveness with all my heart.

One of the great Italian saints of our time—St. Padre Pio of Pietrelcina—had a unique relationship with his Guardian Angel. He communicated the importance of our Guardian Angels most significantly, perhaps, to his so-called “spiritual children” including, but not limited, one by the name of Raffaelina (the feminine version of the name for St. Raphael, the Archangel):

Know, O Raffaelina, that this good angel prays for you: he offers to God all your good works that you accomplish, as well as your holy and pure desires. In the hours in which you seem to be alone and abandoned, do not complain about not having a soul-mate to whom you can open (your heart) and to whom you can confide your sorrows: – for the love of God, do not forget this invisible companion who is always present to listen to you and always ready to console you.

O delightful intimacy, O blessed companionship! Oh, if only all men knew how to understand and appreciate this very great gift that God, in the excess of His love for men, has assigned to us this celestial spirit! Recall frequently his presence: you ought to fix your mind’s eye upon him. Thank him, pray to him. He is so finely mannered, so discreet: respect him. Have continual fear lest you offend the purity of his gaze.

Invoke frequently this (your) Guardian Angel, this benefactor angel. Repeat often the beautiful prayer: “Angel of God, my Guardian dear, to whom the heavenly Father’s bounty entrusts me here; enlighten me, guard me, guide me now and forever.”

Source: Opus Angelorum online.

I especially love the part about our Guardian Angel being our “soulmate." Again, St. Pio says:

“… do not complain about not having a soul-mate to whom you can open (your heart) and to whom you can confide your sorrows: – for the love of God, do not forget this invisible companion who is always present to listen to you and always ready to console you.”

Source: Opus Angelorum online.

I have taken so much for granted for life, especially this most holy and pronounced blessing from God. So, I look again to the great Santo Pio:

“…. if only all men knew how to understand and appreciate this very great gift that God, in the excess of His love for men, has assigned to us this celestial spirit!”

There is so much more to say, of course, but all of this brings me to a prayer today: Lord, I know how inattentive and unappreciative I have been. Please allow me today to understand this great gift that You have given me in the form of my wonderful Guardian Angel.

God bless your day.

10/01/2024

Peace & Security in the Holy Land is Required Now More than Ever

Taming the Netanyahu Factor and Arriving at a Ceasefire … Sooner rather than Later

A Risk of Widespread War and a New World War

By Antonio J. Soave
October 1, 2024

The deplorable attack on innocent Israeli citizens on October 7, 2023, was as heinous as it was unconscionable. There are few words that can amply describe that terror. In fact, the BBC reported it in this way:

On the morning of 7 October, waves of Hamas gunmen stormed across Gaza's border into Israel, killing about 1,200 people. Hamas also fired thousands of rockets.

Those killed included children, the elderly and 364 young people at a music festival.

Hamas took more than 250 others to Gaza as hostages.
The BBC has also seen evidence of r**e and sexual violence during the Hamas attacks.

Source: BBC News online, 5 April 2024

Again, that which was witnessed by the world in that regard was an absolutely inexcusable act perpetrated by Hamas.

However …

At this juncture, the “however” is imperative for analytical purposes, as much as it is for the pursuit of peace initiatives in the Middle East region.

I have assessed and written about international political matters since my time as the Editor of the Journal of International Law & Practice in 1990. I started by writing about Gulf War I, the Bosnian Genocide, and then—a few years later—the unthinkable massacre in the country of Rwanda. Needless to say, the world has not gotten much better since that time. Although there has been a reprieve of sorts for the past few decades, the onset of a major conflict between Russia and Ukraine in the breadbasket of Europe, coupled with the scenarios unfolding in the Maghreb and Levant region, are truly a threat to modern society.

At the risk of sounding alarmist, it is important to understand the vast geopolitical implications of that which is occurring at this juncture. With Netanyahu’s insistence on expanding his supposed ‘hunt for terrorists,’ he is now pushing buttons that can have dramatic effects and impacts on Israel proper, as well as the broader Middle East North Africa (MENA) region of the world. This, in turn, creates the probability of a “spillover effect” that is likely to include many more nations into a veritable global conflict, even a World War III scenario.

Netanyahu’s quest for vengeance has had bloody and irreversible outcomes and consequences, too. On August 16, 2024, NPR reported this:

Gaza health officials say the death toll of Palestinians killed in the war has topped 40,000. We look at three of those recent deaths: a mother and her newborn twins died in Gaza this week.

Source: NPR, August 16, 2024

This “tit-for-tat” is not just senseless, but it has no natural end in sight. Now that Netanyahu has insisted on extended and expanded his reprisal—viewed by some as an act of vengeance—he has now entered full force into sovereign territories such as Lebanon and Yemen. The view is that he—Netanyahu—is merely eradicating Iranian-backed terrorist cells such as members of Hamas and Hezbollah. But Netanyahu is now operating in a manner that can be considered as truly provocative, thereby rendering a reaction that could include and involve so many state actors in the region, as well as other non-state entities as well. All of this, in turn, has created a new threat to global security and peace.

We as a global community are at a critical juncture, and we must act accordingly.

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