Tuesday, March 11, 2025

Stock Market Today: Trade Threats Send Dow Down 300 Points

 https://www.wsj.com/livecoverage/stock-market-today-dow-nasdaq-sp500-03-11-2025?mod=WSJ_home_mediumtopper_pos_1

U.S. dollar weakens further; airline stocks in focus after outlook cuts

The Dow industrials dropped in morning trading after President Trump said he would ramp up tariffs on steel and aluminum from Canada to 50%.

Shares of industrial and financial firms were among the biggest decliners in the S&P 500. All 11 sectors in the broad index were trading lower.

Fears about a recession sparked a selloff Monday, with sliding tech shares spurring the Nasdaq Composite's biggest loss since 2022. President Trump declined to rule out a recession on Sunday and said his economic shake-up would result in a “period of transition.”

Artificial Intelligence and Psak: A Crisis?

 I received an email today asking that I address the serious problem of using AI to pasken halacha.

I am not aware that there is any crisis brewing. If anyone has information to the contrary please send it to me. The problem is rather rabbinic authority - who has it and why? This is an issue which remains unclear.  After the disastrous Aguna question which was seriously mishandled by poskim I have seen no evidence that AI is a bigger issue than incompetent poskim. No authority wants to address the real problems anymore. They all prefer dealing with unimportant challenges such as this.  Some claim the psak requires Divine help which doesn't happen with a computer. Can't find any  convincing sources. Without a clear definition of psak the issue is helplessly confused. However because of the concerned email I got, I am providing a forum for discussion.  

Regarding the claim that A.I fabricates sources when it can't find a real one. Poskim do that all the time. As well as misread texts. 

'Serious mistakes': Kelly sounds alarm on Trump handling of Ukraine; Nails Musk on 'traitor' gibe

Trump is gleefully taking billions from you and everyone in the United States

Tikun Sofrim

Bereishis (18:22) And the men turned their faces from there, and went toward Sodom; but Abraham still stood before the Lord.

Rashi (Bereishis 18:22) but Abraham still stood before G-d  But surely it was not Avraham who had gone to stand before Him, but G-d  had come to him and had said to him, “Because the cry of Sodom and Gomorrah is great” and it should therefore have written here, “And G-d still stood before Abraham”? But it is a tikun sofrim (a scribal correction) such as writers make to avoid an apparently irreverent expression which our Rabbis altered, writing it thus).  

Bereishis Rabbah (49:07) BUT ABRAHAM STILL STOOD BEFORE G-d. R. Simon said: This is an emendation of the Soferim, for the Shechinah was actually waiting for Abraham

HaKtav VeHaKabalah (Berishis 18:22) BUT ABRAHAM STILL STOOD BEFORE G-d It should have written that G-d stood before Avraham but this is a tikun sofrim (scibal emendation) as noted by Rashi  who quotes the medrash.  This does not mean that the text of the Torah was altered. Nobody forges a text and then announce that it is a forgery because I changed it. But it simply means that in context it should have been stated differently and thus it was like a scribe making a change out of respect to G-d. . 

Siifsei Chachimim (Bereishis 18:22) It is tikun sofrim (an emendation of the Scribes). This does not mean that the Scribes changed even one letter of what was written in the Torah, far be it. Rather, “emendation of the Scribes” denotes that they scrutinized each of those verses, and found that according to its context, its primary meaning cannot be as written in the text, but the verse bears a different meaning. Thus it should not have written, “Avraham was still standing,” but, “God was still standing” — except that Scripture changed the wording out of respect. It is called “emendation of the Scribes” only because they scrutinized it and commented that Scripture changed the wording. (Rashba) 

Tiferet Yisrael (66:12) Concerning the verse “BUT ABRAHAM STILL STOOD BEFORE G-d” the Medrash says in the name of Rabbi Simon that this is a tikun sofrim (a scribal emendation) because in fact G-d came to Avraham and therefore it should have been written that G-d still stood before Avraham. However that is not respectful to G-d and therefore the Torah wrote that Avraham still stood before G-d Furthermore Avraham was clearly not standing before G-d because he was busy feeding the guests.  This was clearly a tikun sofrim (scribal change) to say that Avraham still stood before G-d.  The meaning is clearly not that human scribes changed the text of the Torah after Moshe wrote it down. But it means that it was originally written that way just as we find things expressed differently for proper understanding “the language of man (Berachos 31a) so the meaning of tikun sofrim is that it is a metaphor to explain changes in the Torah saying it is like a scribal emendation.  So why isn’t tikun sofrim listed as halacha l’Moshe m’Sinai? I already have discussed that and it is because this is what Moshe actually wrote in theTorah exactlt as G-d said to him – thus it was not an external act that could be described as halacha l’Moshe. Thus in fact the Torah of G-d is perfect. There were no additions at all which is appropriate for the words of the eternal living G-d 

Mind of G-d Newton vs Leibnitz

 I'm reading "The Clockwork Universe: Isaac Newton, the Royal Society, and the Birth of the Modern World: Isaac Newton, the Royal Society, & the Birth of the Modern World" by Edward Dolnick and wanted to share this quote with you.


"Leibniz was perhaps the last man who thought it was possible to know everything. The universe was perfectly rational, he believed, and its every feature had a purpose. With enough attention you could explain it all, just as you could deduce the function of every spoke and spring in a carriage. For Leibniz, one of the greatest philosophers of the age, this was more than a demonstration of almost pathological optimism (though it was that, too). More important, Leibniz’s faith was a matter of philosophical conviction. The universe had to make perfect sense because it had been created by an infinitely wise, infinitely rational God. To a powerful enough intellect, every true observation about the world would be self-evident, just as every true statement in geometry would immediately be obvious. In all such cases, the conclusion was built in from the start, as in the statement “all bachelors are unmarried.” We humans might not be clever enough to see through the undergrowth that obscures the world, but to God every truth shines bright and clear. In fact, though, Leibniz felt certain that God had designed the world so that we can understand it. Newton took a more cautious stand. Humans could read the mind of God, he believed, but perhaps not all of it. “I don’t know what I may seem to the world,” Newton famously declared in his old age, though he knew perfectly well, “but, as to myself, I seem to have been only like a boy playing on the seashore, and diverting myself in now and then finding a smoother pebble or a prettier shell than ordinary, whilst the great ocean of truth lay all undiscovered before me.” Newton’s point was not simply that some questions had yet to be answered. Some questions might not have answers, or at least not answers we can grasp. Why had God chosen to create something rather than nothing? Why had He made the sun just the size it is? Newton believed that such mysteries might lie beyond human comprehension. Certainly they were outside the range of scientific inquiry. “As a blind man has no idea of colors,” Newton wrote, “so have we no idea of the manner by which the all-wise God perceives and understands all things.” Leibniz accepted no such bounds. God, he famously declared, had created the best of all possible worlds. This was not an assumption, in Leibniz’s view, but a deduction. God was by definition all-powerful and all-knowing, so it followed at once that the world could not have been better designed. (Even for one of the ablest of all philosophers, this made for an impossible tangle. If logic compelled God to create the very world we find ourselves in, didn’t that mean that He had no choice in the matter? But surely to be God meant to have infinite choice?)"


Start reading this book for free: https://a.co/bVRnnHM

Justice Dept. says many Jan. 6 pardons extend to crimes after that date

 https://www.washingtonpost.com/dc-md-va/2025/03/10/justice-department-jan6-pardons/

When the FBI raided the Baltimore County home of Elias N. Costianes in February 2021, they found cocaine, testosterone, marijuana, a scale and guns. “The defendant was a drug dealer,” prosecutors would later say, adding, “he was also armed.” Costianes said he was merely supplying himself and friends.

In September 2024, a federal judge sentenced Costianes, who pleaded guilty to possessing a gun while using illegal drugs, to a year and a day in federal prison. But Costianes then played a new card: He was also part of the Capitol riot on Jan. 6, 2021, and President Donald Trump had pardoned him.

Costianes claimed that the pardon also covered his gun conviction because the FBI raid was related to his pardoned actions on Jan. 6.

And the government agreed.

Why Canada Is Giving Mark Carney a Shot

 https://time.com/7266178/canada-mark-carney-election-prime-minister/

When Trump started attacking Canada, and Trudeau announced his resignation, the Liberals surged in the polls. The upcoming election now looks like a dead heat. Since candidates usually get a boost coming out of a leadership convention, the Conservatives will start out as the underdogs, a shocking turnaround after two years where they were leading by 20 points and the Liberals faced electoral oblivion.

Underneath the horse-race numbers, there is more bad news for the Conservatives. Polling shows that voters are more likely to trust Carney than Poilievre to manage Trump—perhaps because part of Poilievre’s base is pro-Trump.

U.S. "not an agent of Israel," envoy says amid objections to Hamas talks

 https://www.axios.com/2025/03/09/adam-boehler-hamas-israel-talks

U.S. hostage envoy Adam Boehler said Sunday that while he understands Israel's concerns over direct talks with Hamas, the U.S. is "not an agent of Israel."

Boehler assured that he was not close to a deal with Hamas after the meetings in Doha, which were largely centered around securing the release of American hostage Edan Alexander and the bodies of four deceased American hostages, sources told Axios.

 Boehler said he's "sympathetic" to top Israeli leaders' disapproval of his meetings, but he emphasized the U.S. is "not an agent of Israel" with "specific interests at play."

Boehler said he wanted to ascertain the vision of a "realistic" end-game for Hamas during the talks.
"The reality is what I wanted to do is jump start some negotiations that were in a very fragile place," he said.

District Court rules to keep IVF child with birth mother following embryo mix-up

 https://www.timesofisrael.com/district-court-rules-to-keep-ivf-child-with-birth-mother-following-embryo-mix-up/

The Central District Court overturned a lower court decision in the IVF mix-up scandal on Monday, and ruled that a 2-year old girl born in 2022 following an embryo transfer mistake at an Assuta IVF clinic must remain with her birth parents, who have been raising her, and not given to her genetic parents.

The ruling, which is the latest twist in the emotional and long-running saga, reversed a decision by the Rishon Lezion Family Court in November last year, which ruled that the young girl, whose name is given only as Sophia, be transferred to the custody of her genetic parents, after being raised for over two years by her birth mother and her partner.

One of Israel's goals in Doha – repair the damage caused by Boehler

 https://www.israelhayom.com/2025/03/10/one-of-the-israels-goals-in-doha-repair-the-damage-caused-by-boehler/

Israel Hayom has learned that Boehler's diplomatic approach was controversial within the White House from the beginning. Beyond his problematic statements regarding Israel, he promised Hamas concessions that both the US and Israel officially reject, such as a long-term ceasefire. These promises raised the organization's expectations and created hope among its members that they could secure concessions that had not previously been considered. According to sources familiar with the details, one of the primary objectives of the team departing for Doha Monday will be to repair the diplomatic damage created by Boehler's statements and reset expectations in the negotiations.

Wall Street Fears Trump Will Wreck the Soft Landing

 https://www.wsj.com/economy/trump-team-recession-hard-landing-c8f23d5d?mod=WSJ_home_mediumtopper_pos_1

For the past year, U.S. economic policymakers have been singularly focused on achieving a so-called soft landing that brings inflation down without a recession. Now, a new team of pilots are considering a course correction that, by their own acknowledgment, might tip the economy toward a hard landing.

President Trump and his senior advisers in recent days have signaled indifference to rising risks that trade uncertainty chills private-sector investment. They have argued a “detox” might be needed in spending and hiring, that falling stock values aren’t a big worry, and that inflation could rise in the short run. 


After Trump turns against Zelensky and other allies, could Israel be next in line?

 https://www.timesofisrael.com/after-trump-turns-against-zelensky-and-other-allies-could-israel-be-next-in-line/

If Trump could turn on Ukraine, not to mention close American allies like Canada, Colombia, and Jordan, then who says he won’t do the same to Israel?

Rendering the question more pressing, Trump has already done so to Netanyahu himself. After four years of working together during Trump’s first term — which included historic achievements like the Abraham Accords and decisions like moving the US embassy to Jerusalem — Trump lashed out at his erstwhile ally, accusing him of disloyalty and saying “F*ck him,” after Netanyahu congratulated Biden on his presidential victory.

And amid all the support Trump and his team have given Israel, there are fissures emerging that make the entire facade of support seem less stable than the Israeli government wants to believe.

Will There Be a Trump Recession?

 https://www.wsj.com/opinion/recession-donald-trump-fox-news-economy-tariffs-markets-5e81f1d6?mod=hp_opin_pos_1

Recession fears are roiling markets, as tech stocks and the Dow Jones Industrial Average fell sharply again on Monday. Stock prices have been richly valued for some time, and this may be merely a market correction. But there are also signs of a slowing economy that should have the Trump Administration on alert.

Mr. Trump didn’t help the mood with his cagey response to a question by Fox News host Maria Bartiromo in a Sunday interview about whether he expects a recession this year. “I hate to predict things like that,” he replied. “There is a period of transition, because what we’re doing is very big.”