"Fear and greed, not mathematics, drives the economy." -- Michael Rivero

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Why does it seem the Pentagon is far better at spending money than actually putting together a successful operation? The failed “Operation Prosperity Guardian” and the disastrous floating Gaza pier (pictured above) are but two recent examples of enormously expensive initiatives that, though they no-doubt enriched military contractors, were incapable of meeting their stated goals.

The Houthis have agreed to end their attacks on commercial traffic in the Red Sea if Israel allows the delivery of humanitarian aid to the Palestinians. This is not just a reasonable proposal, it’s a policy that is supported by the vast majority of people around the world. 

Yemen’s Ansar Allah (Houthi) movement carried out a joint operation with the Islamic Resistance in Iraq movement, attacking four commercial vessels in the Israeli port city of Haifa, the movement’s military spokesman Yahya Saria said.

In his words, the movement attacked two cement carriers and two bulk carriers, whose owners "violated the ban on entering the ports of occupied Palestine."

Besides, the movement reported that its drones attacked Haifa-bound cattleship, Shorthorn Express, in the Mediterranean Sea.

by Tyler Durden

Following the latest weather and choppy seas setback, the US-built aid pier off Gaza has resumed operations as of the end of this week (Thursday), the Pentagon said, after it broke apart last month. It's been an on-again off-again situation and the controversial and costly pier project has by and large proven ineffective.

Houthi Missile Force 'Launches' Ballistic & Cruise Missiles Toward U.S. Aircraft Carrier In Red Sea MikeRivero

In the last week, Houthi forces killed a merchant mariner, sunk a commercial ship and forced a crew to abandon another in flames. The attacks come as the Houthis continue to escalate its eight-month campaign against commercial traffic in the Red Sea and Gulf of Aden.

This week marks the eighth month of the U.S. Navy’s combat operations against Houthi forces in Yemen. That’s four times longer than the first Gulf War. While Navy sailors have remained vigilant, fighting their ships, and eliminating a portion of their adversary’s combat capability, the Houthis and their Iranian enablers remain entirely undeterred.