Testimony from Saudi Prince Bandar bin Sultan - the man who was in the room with Yasser Arafat in January 2001, when he rejected the Clinton Parameters (accepted by Israel) for the establishment of a Palestinian state.
“I wanted to cry. My heart burned over how the opportunity was lost once again…”
For context: the Parameters were President Bill Clinton’s final and far-reaching proposal for peace. They included a Palestinian state in nearly all of the West Bank and Gaza (with land swaps), a capital in East Jerusalem, and other major concessions. Israel accepted the framework. Bandar had already secured broad Arab support.
Arafat looked Bandar and the Egyptians in the eye and said he would accept… then lied to their faces and withdrew.
Bandar had previously warned Clinton: “If Arafat rejects this, it will not be a mistake - it will be a crime.” After the collapse, Bandar said his “heart burned” over the lost opportunity “perhaps for the last time.”
Arafat rejected peace and a Palestinian state - and chose terrorism and the Second Intifada instead.
This is not ancient history; it reflects the same ideology of hatred that led to October 7 attacks.
Dear @BernieSanders
You are an antisemite. Not simply because you lie, distort numbers, misquote laws, and apply double standards to Israel, though you do. No, mainly because even as you do those things you never miss a chance to target innocent American Jews.
Let me explain:
Has a public figure died with anywhere near this degree of grace and magnanimity in our lifetimes? The only other example that comes to mind is John Paul II. Simply inspirational.
When I became a citizen of the United States in 2014, on the basis of political asylum from the Gaza Strip and escaping Jihadi Islamism, I sincerely and seriously never thought that pro-Jihad, pro-Hamas, pro-terror, fascist, pro-Iran, pro-Hezbollah, anti-civilizational dark forces would become a mainstream staple in American politics and discourse. Having a group of ignorant domestic terrorists with Hamas and Palestinian flags, hiding their faces and taking over public space outside the City Hall of Philadelphia, the birthplace of America, is not only a grotesque sight, but it also demonstrates so much that has gone wrong.
It is a condemnation of our country's higher education institutes, which have normalized violence, anti-Western ideologies, and embarrassing “post-colonial” narratives. This is a condemnation of a failed revisionist, neo-liberal immigration approach in which assimilation is frowned upon and viewed as bad and negative, coddling people with truly horrendous beliefs, ideologies, cultures, and backgrounds, instead of seeking to uplift and elevate them and their status. This is a condemnation of failed parenting, nonexistent community infrastructure to educate young people, failed leftist discourses, and moral bankruptcy.
Remember that this has nothing to do with Palestine, for these “activists” ruined the “pro-Palestine” cause and are now seeking to latch on to any and every remaining filth that can vector their anti-human, anti-America, anti-Western, and anti-decent discourse and value system that can produce anything of meaning. Burning the American flag, while exercising your right to free speech, is the ultimate irony that only the United States of America affords to literal domestic terrorists, who are engaged in a subversive act against the very country and patriotic values that they seek to “dismantle.”
Still, freedom of choice does not equal freedom from consequences. This cannot be normalized, as it unfortunately has been over the past two and a half years since Hamas’s October 7th attack. This is a domestic battle for our country’s values and future – it’s time to choose the direction you want this country to head in.
"But it is profoundly disturbing that a growing segment of the far left appears to be almost rooting for Hamas, Hezbollah, the Iranian regime, and other forces fundamentally opposed to the United States and our allies ..."
I am a Democrat. I served in the Clinton administration. I did not vote for Donald Trump and am highly unlikely to support him or his acolytes in the future. I also have serious disagreements with many of the Trump administration’s domestic and foreign policies.
But it is profoundly disturbing that a growing segment of the far left appears to be almost rooting for Hamas, Hezbollah, the Iranian regime, and other forces fundamentally opposed to the United States and our allies. This seems to reflects a corrosive strain of anti-Americanism, dressed up in postcolonial theory, that risks blinding us to the moral realities of our world and the nature of our adversaries.
"Through the infamous Durban conference, History is giving us Jews a signal. And we had better learn to decode it." - Elie Wiesel
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Today, Mayor Mamdani celebrated St. Patrick's Day by spreading the vicious blood libel against the Jews, claiming that we had perpetrated a genocide in Gaza. He platformed and praised Mary Robinson, the previous President of Ireland, whose leadership of UNHCR was forever marked by the stain of the antisemitic Durban conference, from which the American delegation resigned in protest.
Read here what my father wrote in September 2001, days before 9/11, expressing his profound disappointment in Mary Robinson and the hatred against Jews she had allowed to foment at Durban through the United Nations.
Elisha Wiesel - March 17th, 2026
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FROM ELIE WIESEL'S PRIVATE ARCHIVES:
The Durban Conference will go down in History as an enterprise of shame. Instead of being an important international gathering of goodwill, it became a circus of slander. Conceived as a world gathering against hatred, it turned into a mean spirited meeting of hatred.
I was supposed to be there. Both Kofi Annan and Mary Robinson tried their best to persuade me, especially since I was a member of the small "Committee of Eminent Persons", created by the UN High Commissioner, to help with the proceedings. But when I read the working documents I resigned. Antisemitism, which is the oldest group prejudice in History, didn't even figure in the program. What did figure was something about "holocausts such as the ethnic cleansing of Palestinians by the Israelis".
Mrs Robinson called me several times. I had lunch with the UN Secretary General, whom I had known for years. I explained to both why I simply cannot be part of an event that is so outrageously anti-Israeli and anti-Jewish. They claimed that the language would be changed. But the trouble was the content. I warned the UN Secretary General that the Conference, the way it was being prepared, will remain a moral disaster in the annals of social and political conduct among nations.
For the content was sheer vicious hatred whose reverberations must revolt all decent and civilized people. Secretary Powell and his colleagues were outraged. Their courageous stand deserves support and praise.
The American and Israeli delegations left; others did not. I wish European and South-American delegations had followed their example. Their explanation is that they will work from the inside to work out another draft resolution. It's too late. The damage was done.
Hatred is like cancer. It goes from cell to cell, from limb to limb, from person to person, from group to group. We have seen it at work in Durban. Even respected personalities such as Kofi Annan somehow lost his way and said things that are unworthy of him.
With the Durban scandal in the background, how can the world expect Israel to trust the United Nations? And how can good people, idealistic people have faith in its mission to bring nations together in an atmosphere of dignity?
The Durban conference will be remembered as a forum dominated not by anti-Israelis but by antisemites. That militant Palestinians hate Jews that is known. It is enough to hear the various Islamic leaders harangues and read schoolbooks printed by the Palestinian Authority: they preach hatred and violence not against Zionists but against Jews. Their slogan, naked and brutal, which is everywhere the same, has been felt and heard in Durban too: "Kill the Jews!"
What hurts is not that Palestinians and Arabs voiced their hatred but that so few delegates had the courage to dissociate themselves from them. It is as if in a weird and frightening moment of collective catharsis, they all dropped their masks and showed their true faces.
Through the infamous Durban conference, History is giving us Jews a signal. And we had better learn to decode it.
Elie Wiesel - September 4th, 2001
My post on Friday regarding the estate tax proposal in New York got 600,000+ views, so clearly this struck a nerve. Some individuals asked me to back up what I said so I am going to discuss what happens when states push tax policy past the breaking point. Here is what the data shows and it’s worse than most people realize. According to IRS migration data, New York has lost $111 billion in net adjusted gross income over the last decade from residents moving to other states. That’s not hypothetical, that’s $111 billion in taxable income that used to fund schools, subways, police, and infrastructure that is now funding those things in Florida and Texas rather than New York. California lost $102 billion over the same period. Florida gained $196 billion. Texas gained $54 billion. That’s not a coincidence, it’s a pattern.
Between 2018 and 2024, 561 companies relocated their headquarters across the country. The San Francisco Bay Area lost 156 corporate headquarters. Los Angeles lost 106. New York City lost 27. Meanwhile Dallas alone gained 100, Austin gained 81, and Nashville gained 35. This didn’t come to a halt in 2025 or 2026. Palantir $PLTR which was the largest publicly traded company in Colorado, announced in February that it was moving its headquarters from Denver to Miami. It was PLTR’s second move in six years after leaving Silicon Valley in 2020. The governor of Colorado said he found out through a social media post. ExxonMobil’s $XOM board unanimously recommended that shareholders approve reincorporating the company from New Jersey to Texas after 144 years at the vote in May. Exxon has physically operated out of Texas since 1989, and its CEO said Texas has created a policy environment that allows them to maximize shareholder value. Chevron $CVX completed its move from California to Houston. In-N-Out Burger is opening a 100,000-square-foot eastern headquarters near Nashville and is leaving California. These aren’t outliers anymore as this is becoming the new normal.
It’s not just corporate headquarters moving. Entire financial ecosystems are relocating. Citadel, one of the most profitable hedge funds in the world, moved its headquarters from Chicago to Miami in 2022 and has been building out aggressively ever since. They’re constructing a massive new waterfront headquarters in Miami’s Brickell financial district. Elliott Management moved to West Palm Beach. Carl Icahn moved Icahn Enterprises from New York to Sunny Isles Beach. Cathie Wood’s ARK Investment Management relocated to St. Petersburg. Goldman Sachs $GS is building a $500 million campus in Dallas designed to house over 5,000 employees. JPMorgan Chase $JPM and Wells Fargo $WFC have both invested hundreds of millions into massive new campuses in the Dallas-Fort Worth area. Wells Fargo is also moving its wealth management division from San Francisco to West Palm Beach. NYSE Texas a reincorporation of the 143-year old Chicago Stock Exchange officially launched in Dallas in early 2025. The Texas Stock Exchange which is a brand new national securities exchange backed by over $160 million from BlackRock $BLK , Citadel Securities, and Charles Schwab $SCHW is set to begin trading by the end of this year. Nasdaq has also expanded its Texas presence with operations in Irving.
When you have that level of financial infrastructure being built in a single metro area, that’s not a trend it’s an ecosystem being constructed from scratch to compete directly with New York. Each of these moves represents not just a company but thousands of high-paying jobs, billions in local economic activity, and a signal to every other firm still on the fence that states with competitive rather than restrictive policy are creating enticing operating environments.
Currently over 1 million residents have left New York for other states since 2020 according to the latest Census estimates. International immigration has partially offset the population headcount, but it hasn’t replaced the tax base. The people leaving earn significantly more on average than the people arriving. Almost 1,700 millionaires changed their address out of New York in 2024 alone. Millionaires paid 44.6% of all personal income tax collected in the state last year. The proposed response to this fragility is to drop the estate tax threshold from $7.1 million to $750,000, raise the top rate to 50%, add a new 2% income tax surcharge on millionaires, increase corporate taxes, and add a capital gains surcharge. Under these proposals, the combined federal, state, and city top marginal rate on high earners in New York City would approach 54%. That’s a policy framework that ignores everything the last decade of data has told us.
The Dallas mayor just publicly predicted an “avalanche” of NYC financial firms heading to Texas under these policies. Florida realtors are seeing a surge of inquiries from wealthy New Yorkers. Cities like Miami, Austin, and Nashville are building entire ecosystems including schools, cultural centers, and financial services clusters which are designed specifically to attract the people New York is pushing out. Ken Griffin and Stephen Ross just launched a $10 million campaign called “Ambitious Accelerated” to recruit more businesses to what they’re calling Florida’s “Tech Gold Coast.” They’re not waiting for New York to figure it out. They’re actively recruiting our talent, our capital, and our tax base.
That’s what makes this moment so critical. We are in the middle of the most competitive environment for jobs, businesses, and investment that this country has ever seen. States are actively building infrastructure to attract employers and high earners. This is the time to compete, not to double down on the same policy approach that has been pushing wealth and businesses to lower-tax states for a decade. Texas entered its latest legislative session with a $24 billion surplus while having no personal or corporate income tax. Think about that for a moment, no personal or corporate income tax and they have a $24 billion surplus. Florida added more new businesses than any other state in 2024, with over 266,000 formed in a single year. These states didn’t create an attractive business landscape out of thin air. They made deliberate policy choices to create environments where businesses want to operate, where employers want to hire, and where working people can actually build something without the ground shifting underneath them every budget cycle.
This matters because of what it means for everyday people. When a company relocates its headquarters, it doesn’t just move a sign, the entire company leaves, from the executive team to the support staff. It doesn’t stop there because that's only internal. Externally, all of the trades that may do work for the company will no longer receive those phone calls. The restaurants will no longer see those repeat customers. The tax revenue from those paychecks won’t be collected, and future job growth in the community from that company will cease to exist. When Dallas gained 100 corporate headquarters over six years, that meant tens of thousands of new jobs, new residents spending money, new homes being purchased, new small businesses opening to serve those people. That’s how local economies actually grow. That’s how neighborhoods stay alive, and when a corporate headquarters leaves a city, the exact opposite happens. The jobs thin out, the spending dries up, the small businesses that depended on that foot traffic start closing, and the tax base that funded public services shrinks.
New York has every natural advantage in the world. The talent, infrastructure, culture, and institutions are all here, but it won’t be enough if the policy environment drives away the employers and investors who create opportunities for everyone else. The states that are growing right now aren’t growing by accident. They made a decision to be competitive. They kept tax burdens manageable, they created regulatory clarity for businesses, and they built an environment where employers want to expand and hire. New York has every tool to do the same thing. The question is whether the people making the decisions recognize that we’re in a competition and right now, we’re not acting like it.
Here’s the part nobody in Albany wants to hear. The people who leave don’t just take their tax returns with them. They take their fundraising networks, philanthropy, job creation, and spending to a new economy. A city that once attracted the world’s most ambitious people risks becoming a place they leave once they’ve made it, or worse, a place they never lay down roots. That’s not ideology. It’s an economic reality that the IRS, Census, and corporate relocation data have been telling us. I said it in my first post, and I’ll say it again. When you tax people past the point where the math makes sense, they leave. When they leave, the burden falls on everyone who doesn’t have the resources to relocate. It’s time to take a common-sense approach to policy and make the great state of New York competitive again. New York has a decision to make. Either it continues down this path and alienates more taxpayers or it becomes more competitive.
I love this state, but I am extremely worried for it’s future. We should be building a thriving ecosystem with an abundance of opportunities for New Yorkers, but instead we are pushing entrepreneurs and businesses to states that are more competitive with policy. Is this really the path we want to take not only for the current residents but for the next generation?
@amitisinvesting@basispointpod@chamath@Jason@BillAckman@kevinolearytv@patrickbetdavid@PBDsPodcast
Over 55K kids in VT are eligible for at least $250 seed accounts. Another almost 50K are eligible for seed accounts that parents or others can deposit funds into. I wish they had had these when I was growing up, and certainly hope parents are signing their kids up for them!🇺🇸
The number of kids by state, year of birth and $$ amount that have waiting for them in their @TrumpAccounts. Kids over 10 don’t get seed $$ but still get a free investment acct that parents & business will likely add to if they claim it. 🇺🇸🚀