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Meet the American hedge fund billionaire who could start a 'Holy War' in the Middle East

Henry Swieca
© ForbesHenry Swieca.

Henry Swieca is a money man. The New York-based billionaire made his fortune by co-founding Highbridge Capital Corp., a hedge fund that boasted clients like the American International Group.

In 2009, the banking giant JP Morgan Chase, another client of Highbridge, fully took over the flagship hedge fund. Swieca went on to play a role at two more hedge funds: Talpion Fund Management, which he launched, and Clearline Capital, which Swieca joined as a startup investor in February 2013.

Swieca, whose net worth is $1.2 billion as of September 2013, is well-known as a financial guru. His every move is covered by the financial press. But he's less known for what his foundation pours money into: right-wing, pro-Israel causes. Along with a host of charitable groups and domestic Jewish centers, the Swieca Family Foundation, which he runs with his Israeli-American wife Estee, has poured tons of cash into pro-Israel groups--including to religious extremist groups that operate in the most sensitive of holy places. Swieca did not return requests for comment on his donations.

According to tax records reviewed by AlterNet, Swieca, an Orthodox Jew, has given hundreds of thousands of dollars to the American Israel Education Foundation, the non-profit offshoot of the powerful lobbying group called the American Israel Public Affairs Committee. He's also handed over cash to groups like the Friends of the Israel Defense Forces; the right-wing, anti-Muslim David Horowitz Freedom Center; and the Hebron Fund, a Brooklyn-based organization that funnels American money into illegal Israeli settlements in Hebron, a big city in the West Bank that has the most intense regime of settler violence and enforced segregation in the occupied Palestinian territories.

But perhaps most alarmingly is Swieca's funding of the Temple Institute, an organization that promotes the building of the Third Temple on the third most holy site for Muslims. In early December, the Washington Post disclosed that Swieca and his wife funded the Jerusalem-based Temple Institute's move to "to a large, renovated space in the Old City's Jewish Quarter, overlooking the Western Wall." The move put the institute just a short walk away from the place where they hope the Third Temple arises.

Top Secret

Snowden: NSA surveillance Is about power, not "safety"

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© Guardian
An open letter to the people of Brazil

The following letter was published today in the Brazilian newspaper A Folha in Portuguese and this original text was provided via the Facebook page of Glenn Greenwald's husband David Miranda:

Six months ago, I stepped out from the shadows of the United States Government's National Security Agency to stand in front of a journalist's camera. I shared with the world evidence proving some governments are building a world-wide surveillance system to secretly track how we live, who we talk to, and what we say. I went in front of that camera with open eyes, knowing that the decision would cost me family and my home, and would risk my life. I was motivated by a belief that the citizens of the world deserve to understand the system in which they live.

Bad Guys

Netanyahu vows to keep building illegal settlements: Who will stop him?

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'We are building continuously. We will continue building and developing everywhere, including the settlements'
Israeli Prime Minister Benjamin Netanyahu reiterated on Wednesday his government's commitment to continue building and developing Israeli settlement projects, without any interruptions. Netanyahu said: "We are building continuously. We will continue building and developing everywhere, including the settlements."
According to the Israeli newspaper Haaretz, Netanyahu's uncompromising stance comes in response to several weeks of intense pressure from the Americans urging Israel to stop announcing new plans for settlement expansion.

In his speech to the Likud convention, Netanyahu also reiterated that he will put any agreement reached with the Palestinians before the Knesset and to a referendum. He stressed that settlements are not the reason for why the peace negotiations have stalled, and instead blamed the Palestinians' refusal to recognise Israel a national home for Jews.

Concerning the Iranian issue, Netanyahu vowed that Israel would not allow Iran to become a nuclear power. He said: "I choose my words precisely. Israel will not allow Iran to own nuclear weapons or to even reach the stage where it could become a nuclear power."

Comment: Illegal Israeli settlements on stolen Palestinian lands are one issue impacting why peace talks have failed.
The other significant issues revolve around Israel's continuing illegal military occupation and blockade, its apartheid policies and practices,and the daily torturous, inhumane existence Palestinians are forced to endure because of Israeli government policies and practices.

Perhaps peace talks might have a real chance of success if Israel's psychopathic leaders would lift the blockade, cease and desist with their international-law-violating, UN-condemned military occupation; if they would stop stealing from , profiting off of, and murdering the Palestinian people and if they would quit trying to fulfill a genocidal idea that has been in play for decades.
There can be no peace where there are no human rights. It's pretty simple to figure out, actually.


Newspaper

Russian Governor beaten and robbed of $275,000 in French home

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© RIA Novosti/Aleksander PaniotovLev Kuznetsov, governor of Krasnoyarsk region in Siberia.
The governor of a Russian region has been assaulted and robbed of $275,000 worth of jewelry while in his house in the south of France, his spokeswoman said Tuesday.

Lev Kuznetsov, the governor of Krasnoyarsk region in Siberia, was shot with an air gun by intruders and his wife was hit with a baton during the attack on Saturday, according to his spokeswoman Stella Alekseeva.

Eye 1

Google reveals sharp rise in requests for removal of political content

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© AlamyGoogle says it complied with less than one-third of government removal requests.
Google revealed a sharp rise in requests from governments asking for political content to be removed from the web in its latest transparency report published on Thursday.

From January to June the search giant received 3,846 government requests to remove content from its services - a 68% increase over the second half of 2012.

"Over the past four years, one worrying trend has remained consistent: governments continue to ask us to remove political content. Judges have asked us to remove information that's critical of them, police departments want us to take down videos or blogs that shine a light on their conduct, and local institutions like town councils don't want people to be able to find information about their decision-making processes," Susan Infantino, legal director, said in a blogpost.

"These officials often cite defamation, privacy and even copyright laws in attempts to remove political speech from our services. In this particular reporting period, we received 93 requests to take down government criticism and removed content in response to less than one third of them. Four of the requests were submitted as copyright claims," she said.

People

U.S. academic boycott of Israel game changer: Analyst



The American Studies Association's boycott of Israeli academic institutions is a landmark development and a game changer in an international effort to isolate the regime in Tel Aviv, a British political commentator says.


Professor Jonathan Rosenhead, who is a member of the British Committee for Universities of Palestine, made the remarks during an interview with Press TVon Tuesday.

On Sunday, the American Studies Association (ASA) approved the academic boycott of Israel to protest its treatment of Palestinians, indicating that a movement to isolate the apartheid regime of Israel that is gaining momentum in Europe has also hit the US.

"The ASA condemns the United States' significant role in aiding and abetting Israel's violations of human rights against Palestinians and its occupation of Palestinian lands through its use of the veto in the UN Security Council," the organization said in a statement explaining the endorsement.

"I think it is a game changer. It is an extraordinary event in the history of the academic boycott," Rosenhead said.

Wall Street

UK, U.S. govts in bed with with criminal bankers


Iceland is a great example of a country which had the courage to prosecute bankers, and that's largely because it's not controlled by the Federal Reserve and the Bank of England, Max Keiser, financial analyst and host of the Keiser Report on RT, says.

Four former bank bosses in Iceland have been jailed for financial fraud. They were accused of hiding the fact that a Qatari investor bought into the firm [Kaupthing Bank], with money lent illegally by the bank itself. It went bust in 2008, helping to cripple Iceland's economy.

Keiser says, what is considered a crime in Iceland is flourishing thanks to government support in the UK and the US.

Binoculars

UN votes for end to excessive electronic spying

electronic spying
© Reuters / Pawel Kopczynski
The UN General Assembly has unanimously called on a curb of supernormal surveillance of communications. The resolution drafted by Brazil and Germany was in response to revelations over the eavesdropping conducted by the US on a global scale.

All 193 UN member states agreed "to respect and protect the right to privacy, including in the context of digital communication."
The document maintains that internationally recognized human rights should be applied to a person online, specifically singling out the right of privacy.

The resolution suggests making sure national legislation complies with international human rights law to prevent possible breaches.

"While concerns about public security may justify the gathering and protection of certain sensitive information, States must ensure full compliance with their obligations under international human rights law," the resolution states.

Comment: "...the UN General Assembly resolution is not legally binding."
Do UN resolutions really even matter to the psychopathic elite? We see how ineffective they've been with regard to illegal occupations and human rights issues in other matters.
Does the UN actually believe a resolution that is not legally binding will accomplish something meaningful when it comes to international espionage?

Who's going to enforce the resolution? Who is the compelling authority?


Eye 1

Putin: I envy Obama, because he can 'spy' and get away with it

putin
© RIA Novosti / Michail Metcel
"I envy Obama because he can spy on his allies without any consequences," said Putin when asked about how his relations had changed with the US following Snowden's espionage revelations.

During an annual question-and-answer session with journalists, Putin praised Edward Snowden's actions, saying that he was working for a "noble cause." At the same time he accepted the importance of espionage programs in the fight against global terrorism, but said the NSA needed guidelines to limit its powers.

"There is nothing to be upset about and nothing to be proud of, spying has always been and is one of the oldest professions," said Putin.

Referring to the vast amounts of metadata gathered on citizens by the NSA, Putin said it is impossible to sift through all of that information. It is "useless" to look at the analysis of spy agencies because it is the opinion of analysts and not facts and as such can be misleading.

"You need to know the people who analyze them, I know, I did it," said Putin, harking back to his career as a KGB agent. The Russian president described Snowden as a "curious character" and said it was not clear why the former CIA contractor had decided to blow the whistle on the NSA's international espionage program at such a young age.

Dollar

State can seize your assets to pay for care after you're forced into Medicaid by Obamacare

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© Healthy Debates

My, this is an unpleasant consequence of Obamacare. I'm not going to call it unintended because in its current form, it potentially earns a bunch of money for states, so I'm pretty sure that's intentional. What I think is unintentional is anyone noticing this is what they're up to.

But the Seattle Times noticed:
It wasn't the moonlight, holiday-season euphoria or family pressure that made Sophia Prins and Gary Balhorn, both 62, suddenly decide to get married.

It was the fine print.

As fine print is wont to do, it had buried itself in a long form - Balhorn's application for free health insurance through the expanded state Medicaid program. As the paperwork lay on the dining-room table in Port Townsend, Prins began reading.

She was shocked: If you're 55 or over, Medicaid can come back after you're dead and bill your estate for ordinary health-care expenses.