Affordable Housing Corporation

10/27/2024

Our Sunday Reflection

Dealing with the Residue and the Aftermath of Sin

Forgive us Father, We Know Not …

By Antonio J. Soave
October 27, 2024

We all sin and we are all sinners, present company included of course. It is the primary reason that we must confess our sins and amend our lives. If we confess in a contrite, sincere, and heartfelt manner, then the Lord will forgive our sins—most certainly and undoubtedly. As I wrote and posted a few days ago, one confession is often worth 100 exorcisms (according to an exorcist priest). That is the true power of confession. However, we still have to deal with the reside of sin—the aftermath.

During our Saturday vigil mass, our wonderful deacon provided us with an analogy in terms of that which happen when we sin and confess. He said (paraphrased):

‘Imagine that your life is a two-by-four plank of wood where every time we sin a nail is pounded into that two-by-four. When we confess [amply and properly], that nail is removed from the plank of wood. But we still have a hole in the wood that needs to be filled.’

When I started the process of a daily examination of conscience, I began to improve. I am not “there” yet, meaning I have—by no means—reached any sort of perfected status. Rather, I understand that I must examine my conscience and confess my sins a lot. Then, I started to incorporate weekly confession, which improved my spiritual life as well; I’ve been able to understand that mantra from the exorcist priest that a good confession is worth 100 exorcisms. At that same time, I must still deal with that plank of wood that has so many holes in it (along with a few nails, too).

I have found that the daily reading of scripture, daily mass (with the reception of the Holy Eucharist (the Body, Blood, Soul, and Divinity of Jesus), and daily amendment of my life is fundamental. I have also found that I can do more about the holes in that plank of wood. What is that?

I can pray for all of those I have offended—on a daily basis—so that I can attempt to backfill some of the holes. I have also discovered that I can continuously pray for all of those I have hurt, and I can add something to that practice: Praying for all of those who have offended and hurt me. In that regard, I have adopted a scriptural passage into this daily routine (via the advice of a very holy priest):

“Forgive them Father, they know not what they do.”

I can say something similar for myself: ‘Forgive me Father, I knew not what I did, nor did I realize the pain I created.’ So, I can pray for all of those whom I offended. Again, I can add the constant and daily forgiveness for all of those who have offended me over time—some very deep wounds that have stood the test of time.

By the same token, it is important that we not use confession as a crutch to justify sin (leading to the sin of presumption); I have done that, too. Nor should we look to this scriptural passage as a justification of any kind: “Forgive them Father, they know not what they do.” Rather, all of this can and should be used to improve our lives daily, and to amend our lives on a consistent basis.

Today’s prayer: Lord, please forgive us our sins, and please help us to amend our lives properly so that we can be in Your most Holy Presence.

10/26/2024

The Voices of Unborn Babies

One in a Series

When We Think About Unborn Babies

By Antonio J. Soave
October 26, 2024

When we think of an unborn baby,
Perhaps sometimes we say maybe.
But really, it’s not correct,
Because with that baby we would connect.

When we consider an unborn child,
Our mood can become quite mild.
And we can think of a birthday belated,
Because with that baby we would be most elated.

The beauty of a child is immense,
And we should never count the expense.
It is not about what we might lose,
So that is why we must aptly choose.

To bring life into this world is joy,
It’s beyond just any arbitrary toy.
And although our clothes be worn,
We’ll never know until baby is born.

The unborn baby is ready to love,
Because baby is a true gift from above.
All we need to do is give it a chance,
And that requires we change our stance.

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God bless your day.

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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10/22/2024

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

10/06/2024

In the Beginning, In the Beginning

The Beauty of Creation

God’s Intent for Creation

The Most Wonderful Sacrament of Marriage

By Antonio J. Soave
October 6, 2024

We are all sinners, and we all fall short in some way. God knows, that applies to me first and foremost. I have had numerous struggles in my life, and I am—most certainly—most imperfect. I have also struggled with my marriage at times, and, by the grace of God, I have remained committed to my family. But it hasn’t been easy, and I suspect so many of you are similar. It is in this light that I reflect on Holy Scripture this morning, not in a way that is judgmental and not in a manner that would have me pontificating or preaching. Rather, this meditation is meant as a reflection so that I can attempt to improve my own life, day in and day out. Again, I need to improve, so all of this is good for me.

Today’s readings speak about God’s “intent.” As I have returned to teaching a law course at a local university this year, I have spoken a great deal about that word, “intent.” Intent drives a lot of scenarios in the law and well beyond. So, our intent—and the Lord’s intent—are often an imperative feature in terms of how we interpret things and, more importantly, how we act. It is, therefore, apropos that we return to our origins, the Book of Genesis, to learn more in this regard. It is there that we are told about our start on this journey of life:

18 Then the LORD God said, "It is not good that the man should be alone; I will make him a helper fit for him."

… but for the man there was not found a helper fit for him. 21 So the LORD God caused a deep sleep to fall upon the man, and while he slept took one of his ribs and closed up its place with flesh;

22 and the rib which the LORD God had taken from the man he made into a woman and brought her to the man. 23 Then the man said, "This at last is bone of my bones and flesh of my flesh; she shall be called Woman, because she was taken out of Man."

24Therefore a man leaves his father and his mother and cleaves to his wife, and they become one flesh.

Source: Genesis 2

After the Lord made all the animals and after Adam named those animals, Adam was still not complete; he was still lonely, and he still needed a suitable companion.

God then made a most beautiful and wonderful companion for him, “woman.” That woman was made from the very rib of Adam, and that creation was so spectacular that it had Adam exclaiming:

"This at last is bone of my bones and flesh of my flesh; she shall be called Woman, because she was taken out of Man."

Source: Genesis 2:23

For those of you in my era, it brings back a line from the movie, Jerry Maguire, where the character portrayed by Renee Zellweger said something like this: ‘He just said (to her), you complete me.’ As a reminder, here is a link:

https://www.youtube.com/watch?v=IOpKJec5css

The Lord made woman to fully complete and complement the man, so much so that the two would become “one flesh.” That is what makes this beautiful and magnificent bond so spectacular, notwithstanding the struggles. But it’s those struggles that often define us.

After the first reading today, the Psalms remind us of something else that is extraordinary, too—an extra promise, if you will:

1 Blessed is every one who fears the LORD, who walks in his ways! 2 You shall eat the fruit of the labor of your hands; you shall be happy, and it shall be well with you. 3 Your wife will be like a fruitful vine within your house; your children will be like olive shoots around your table.

Source: Psalms 128

Indeed, there is a “healthy fear” of the Lord, and that kind of “fear” is a good one. It allows us to “be happy.” Furthermore, it says—most convincingly—that our “children will be like olive shoots around your table.” With seven (7) children, I am witness to those “olive shoots around [the] table.”

Then the Gospel is the fulfillment of the Old Testament, as so many of you know and realize. In Mark 10, the Pharisees tried—yet once again—to test Jesus. Their intent was not pure; it was not to seek wisdom or goodness or mercy or compassion. Rather, the intent of the Pharisees was to trap Jesus. The Lord spoke to them about the importance and the sanctity of marriage. By the same token, Jesus knew their hearts (the hearts of the Pharisees, that is), and He responded to them in a most exceptional way when they questioned him about Moses and the concept of divorce:

2 And Pharisees came up and in order to test him asked, "Is it lawful for a man to divorce his wife?"

3 He answered them, "What did Moses command you?"

4 They said, "Moses allowed a man to write a certificate of divorce, and to put her away."

5 But Jesus said to them, "For your hardness of heart he wrote you this commandment. 6 But from the beginning of creation, `God made them male and female.' 7 For this reason a man shall leave his father and mother and be joined to his wife, 8 and the two shall become one flesh.' So they are no longer two but one flesh. 9 What therefore God has joined together, let not man put asunder."

Source: Mark 10

In a certain way, God—through Moses—cut us a proverbial break (in essence, He “cut us a break” in modern vernacular). We were allowed divorce not because it was the original intent, but because of our “hardness of heart.”

This, too, is definitely worth repeating from Mark 10: The two shall become one flesh; they are no longer two but one flesh.

This passage—yet once again—lets us know the very special and unique nature of marriage. That is why it is a true sacrament. This bible passage is also insight into God’s intent in terms of creating us: He created us male and female.

So many today are struggling with identity. For certain, we are to show them great love and compassion. By the same token, those struggling with gender identity are often told that they are free to choose what to do with their bodies and that, perhaps, God made a mistake when He created them. But God does not make mistakes, no matter how much we must suffer in the process. Jesus had suffered alongside us, and we are told about the significance of that suffering in today’s second reading:

9 But we see Jesus, who for a little while was made lower than the angels, crowned with glory and honor because of the suffering of death, so that by the grace of God he might taste death for every one.

10 For it was fitting that he, for whom and by whom all things exist, in bringing many sons to glory, should make the pioneer of their salvation perfect through suffering.

11 For he who sanctifies and those who are sanctified have all one origin. That is why he is not ashamed to call them brethren …

Source: Hebrews 2

Ah, yes, suffering is hard—it’s very hard. It is downright painful, and it is excruciating at times. I know this to be true, and most of you—if not all of you—know that as well. Still, we must believe that there is a sense and a purpose to our earthly suffering. In Hebrews 2, the Lord reminds us yet again that Jesus was:

“…crowned with glory and honor because of the suffering of death …”

I have paid special attention to those words “glory” and “honor” when used in conjunction with “suffering” and “death.” It lets us know that there is a glory and an honor associated with our suffering.

Now, I am certainly aware that so many decent and loving people have been placed in a very bad situation, and many do not have the option but to divorce. I would only say that it is in those moments that we need to ask God—beg God—for His grace and mercy in every respect. It is only with His intervention that we can overcome. I am not saying that it’s easy, and I know that firsthand; most of you know that, too. But we need to keep seeking His most powerful intervention, tutelage, love, and care in this respect. After all, He created us, and He alone has all the answers.

Finally, the Lord speaks of children and their innocence. They, too, have such a special status because heaven is truly inhabited by the “child-like”:

13 And they were bringing children to him, that he might touch them; and the disciples rebuked them.

14 But when Jesus saw it he was indignant, and said to them, "Let the children come to me, do not hinder them; for to such belongs the kingdom of God.

15 Truly, I say to you, whoever does not receive the kingdom of God like a child shall not enter it."

16 And he took them in his arms and blessed them, laying his hands upon them.

Source: Mark 10

It’s important to understand that Jesus became “indignant” when His very own disciples rebuked those bringing children to Him. Other words for “indignant” are:

• Outraged
• Incensed
• Furious

Jesus was outraged, incensed, and furious that His own disciples would try to stop the little ones from going to Him. But Jesus, in response to them, underscores the beauty and the special status of children as well:

“Truly, I say to you, whoever does not receive the kingdom of God like a child shall not enter it."

We are reminded—I am reminded—to seek to be “childlike” in my approach today and every day. Just like a child, I know that I must become more trusting in the Lord, and that I should place all my burdens upon Him today. Why is that? Because He tells us in no uncertain way:

“Come to me, all you who are weary and burdened, and I will give you rest.”

Source: Matthew 11

Today, may we pray for all families and all children, and may we seek to emulate our Lord in everything we say and do.

God bless your Sunday.

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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