Israel's Rocket-Hunting Ace Got His Start Playing <em>Warcraft</em>

War has once again erupted between Hamas and the Israel Defense Forces, with the Gaza-based militant group launching hundreds of rockets and missiles at Israeli towns. But many of these projectiles never made it to their targets, thanks to the new Iron Dome missile defense system that’s arguably become this conflict’s most important technological difference-maker. This article, first published in April, tracks the story of Iron Dome’s most prolific “gunner.” While his record for shooting down missiles and rockets has by now undoubtedly fallen, the tale still gives insight into the battle now gripping Israel and Gaza.

KFAR GVIROL, Israel — While many of the boys in Idan Yahya’s high school class were buffing up and preparing themselves for selection into elite combat units, this gawky teenager was spending “a lot of time” playing Warcraft — the real-time strategy computer game where opposing players command virtual armies in a battle to dominate the fictional world of Azeroth.

Four years later, the high school jocks who sweated it out in pre-military academies so they could make the cut into the Israel Defense Force’s Special Operations units are now crawling through the sand dunes on the outskirts of the Gaza Strip and watching while Idan knocks rockets out of the sky hundreds of meters above their heads. Idan Yahya, 22, an Iron Dome “gunner” in the Active Air Defense Wing 167, currently holds the record for the number of rockets intercepted: eight.

People in the army describe him variously as a geek and an ace. But the geek who grew up playing Warcraft is now a highly prized soldier on the cutting edge of real war craft. He’s the Israeli army’s top rocket interceptor.

The Iron Dome is a mobile anti-rocket interception system that Israel moves around the country to shoot down the rockets fired at its civilian population centers by armed groups in Gaza and southern Lebanon. Its radar picks up launches and fires interceptor missiles at them if they’re calculated to be heading towards populated centers. The system has become increasingly important as Hamas, Hezbollah and other groups amass surface-to-surface missiles to hit the Israeli home front with, thus bypassing the Israel Defense Force’s overwhelming advantage of concentrated firepower and fighter aircraft. Should Israel attack Iran’s nuclear installations, the expected rocket reprisals from the armed groups on its borders will keep Iron Dome very, very busy.

As the war between Israelis and Arabs enters its sixth decade (or its 500th depending on who you ask), it is increasingly becoming a hi-tech rocket war. The IDF’s Director of Military Intelligence Maj. Gen. Aviv Kochavi in February said there were 200,000 rockets aimed at Israel from the south, north and east. And in this increasingly technological battlefield of rockets, anti-rocket interceptors, radars, control rooms, drones and drone hacking, it is soldiers like Idan Yahya (and whoever his counterparts on the Arab side are) who are making the most impact.

Computer geek, keyboard combatant, soldier, call him what you will, Idan and others like him man the controls of the latest rock star in advanced military technology. “There are a lot of flashing blips, signs, symbols, colors and pictures on the screen. You look at your tactical map; see where the threat is coming from. You have to make sure you’re locked onto the right target. There’s a lot of information and there is very little time. It definitely reminds me of Warcraft and other online strategy games,” Idan says.

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“Sister” Director Tackles Taboo of Switzerland’s Class Divide With Her Oscar Contender

LOS ANGELES (TheWrap.com) – Director Ursula Meier can hardly believe that her film “Sister” – which depicts tenements, poverty and a seemingly rigid class system in lovely Switzerland – has made it over the Alps to Hollywood for Academy consideration.

“It shows a not-very-usual aspect of Switzerland,” Meier told the audience at a showing of “Sister” Thursday night at the Landmark, part of TheWrap’s Academy Screening Series. “We don’t show the beautiful mountains and the green and the lush life … For me it was important to show another point of view on this country to the world. Because usually it’s Montblanc, chocolate, and Swatch.”

Indeed, with her second film, Meier has given international audiences something else to associate with Switzerland: larcenous snow urchins.

“Sister” centers mostly around 12-year-old Simon (Kacey Mottet Klein), who lives in a high-rise tenement in a not-so-snowy valley far below a ski resort and takes gondolas to the top to steal wealthy tourists’ skis right out from under their goggles.

Wily Simon is financing not just his own existence but that of Louise (Lea Seydoux), the title character, who just might be the worst parental figure or caretaker in a cinematic year that did, after all, include “Beasts of the Southern Wild.”

It would involve spoilers to explain why Simon’s older sis is not everything she’s cracked up to be. But there’s nothing misleading about this boy-crazy, substance-abusing twentysomething gal’s unfitness to watch over Simon, the breadwinner of their sad two-person family.

He has to empty out his cash drawer to bribe Louise into snuggling with him, and when he entrusts her with the mere task of waxing skis, she can’t even do that without spilling cigarette ashes on the stolen merchandise.

“It was important for me, when we were at the ski resort, to showing the back door of the restaurant, and the workers inside … And it’s just at the end, when it’s finished, when there is no more snow and the ski resort is closed, for the first time Simon looks at the landscape. And we can see how beautiful this place is, but it’s too late now.”

Meier worked with her young leading man on her first theatrical feature, 2009′s “Home,” where he played Isabella Huppert’s son when he was just 7. She’s emphatic that Klein is not the kind of child actor who has to be tricked into giving a performance.

“During the first casting, I ask him, ‘What do you like to do in your life, Kasey?’ And he told me, ‘Thinking.’ So I said ‘OK, think,’ and I turned on the camera, and he was amazing … He understands that acting is to be, not to look like. So I really wanted to write for him with this film, because it was such an amazing experience on my first film.”

The role of the severely neglectful “sister” was tougher to nail down, both for the director and her leading actress.

“This character was the challenge of the film,” Meier said. “Because Kacey’s character is a child, so for the spectator, of course he’s a victim. But with the character of Louise, for Lea as an actress, at the beginning for her it was very hard to find the fragility of the character. I showed her a lot of films like ‘Vagabond’ … I explained to her, you were 14 when you were pregnant; it was too young for a girl, and you stopped your studies and got bad jobs you cut with your family.”

Sometimes, she said, they’d fight because “she couldn’t find the fragility of the character, and suddenly, months later, wow – it was like we cut something open and all the emotion that came out from her was very deep. I was afraid of the spectators judging the character. It was not easy, in the writing, or in the directing with the actors, because I wanted that they would love these characters, even if they’re sometimes terrible. But I like terrible characters.”

Pond told Meier that when it came to supporting actress Gillian Anderson, of “X-Files” fame, “the first time I watched, I didn’t realize it was her till the end credits” – an experience probably shared by most of those in attendance at the screening.

“I’m very happy that you say that,” said Meier, “because if you recognize the actress, you think about the actress.” But the director did want Armstrong to provoke a where-have-I-seen-you-before vibe.

“I really wanted to be played by a star – not to have a star in my film, but because it was important for Simon to have a kind of phantasma this lady, of what he wants as a mother.

And as a spectator, you can have a phantasma on the star. So I like that she came from another country, and not speak French, because she’s almost an apparition.”

Meier admitted she was frightened before the Swiss premiere – before “Sister” went on to play various fests and win the special Golden Bear award at the Berlin Film Festival.

“When I had the first screening in Switzerland, a lady came back to me and was very moved by the film, because it’s usually a taboo to show poverty in Switzerland. She cried and told me, ‘I grew up in exactly the same place. My father was a worker in the factory we saw in the film, and as a child we never had the money to go up.’ I liked that she just said up.”

Movies News Headlines – Yahoo! News

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Well: Meatless Main Dishes for a Holiday Table

Most vegetarian diners are happy to fill their plates with delicious sides and salads, but if you want to make them feel special, consider one of these main course vegetarian dishes from Martha Rose Shulman. All of them are inspired by Greek cooking, which has a rich tradition of vegetarian meals.

I know that Greek food is not exactly what comes to mind when you hear the word “Thanksgiving,” yet why not consider this cuisine if you’re searching for a meatless main dish that will please a crowd? It’s certainly a better idea, in my mind, than Tofurky and all of the other overprocessed attempts at making a vegan turkey. If you want to serve something that will be somewhat reminiscent of a turkey, make the stuffed acorn squashes in this week’s selection, and once they’re out of the oven, stick some feathers in the “rump,” as I did for the first vegetarian Thanksgiving I ever cooked: I stuffed and baked a huge crookneck squash, then decorated it with turkey feathers. The filling wasn’t nearly as good as the one you’ll get this week, but the creation was fun.

Here are five new vegetarian recipes for your Thanksgiving table — or any time.

Giant Beans With Spinach, Tomatoes and Feta: This delicious, dill-infused dish is inspired by a northern Greek recipe from Diane Kochilas’s wonderful new cookbook, “The Country Cooking of Greece.”

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Northern Greek Mushroom and Onion Pie: Meaty portobello mushrooms make this a very substantial dish.

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Roasted Eggplant and Chickpeas With Cinnamon-Tinged Tomato Sauce and Feta: This fragrant and comforting dish can easily be modified for vegans.

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Coiled Greek Winter Squash Pie: The extra time this beautiful vegetable pie takes to assemble is worth it for a holiday dinner.

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Baked Acorn Squash Stuffed With Wild Rice and Kale Risotto: Serve one squash to each person at your Thanksgiving meal: They’ll be like miniature vegetarian (or vegan) turkeys.

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Drug Shortages Are Becoming Persistent in U.S.

Paul Davis, the chief of a rural ambulance squad in southern Ohio, was down to his last vial of morphine earlier this fall when a woman with a broken leg needed a ride to the hospital.

The trip was 30 minutes, and the patient was in pain. But because of a nationwide shortage, his morphine supply had dwindled from four doses to just one, presenting Mr. Davis with a stark quandary. Should he treat the woman, who was clearly suffering? Or should he save it for a patient who might need it more?

In the end, he opted not to give her the morphine, a decision that haunts him still. “I just feel like I’m not doing my job,” said Mr. Davis, who is chief of the rescue squad in Vernon, Ohio. He has since refilled his supply. “I shouldn’t have to make those kinds of decisions.”

From rural ambulance squads to prestigious hospitals, health care workers are struggling to keep vital medicines in stock because of a drug shortage crisis that is proving to be stubbornly difficult to fix. Rationing is just one example of the extraordinary lengths being taken to address the shortage, which health care workers say has ceased to be a temporary emergency and is now a fact of life. In desperation, they are resorting to treating patients with less effective alternative medicines and using expired drugs. The Cleveland Clinic has hired a pharmacist whose only job is to track down hard-to-find drugs.

Caused largely by an array of manufacturing problems, the shortage has prompted Congressional hearings, a presidential order and pledges by generic drug makers to communicate better with federal regulators.

The problem peaked in 2011, when a record 251 drugs were declared in short supply. This year, slightly more than 100 were placed on the list, and workers say the battle to keep pharmacy shelves stocked continues unabated. The list of hard-to-find medicines ranges from basic drugs like the heart medicine nitroglycerin to a lidocaine injection, which is used to numb tissue before surgery.

A deadly meningitis outbreak caused by contamination at a large drug producer could worsen the situation, federal officials have warned. The Food and Drug Administration said that shortages of six drugs — medicines used during surgery and to treat conditions like congestive heart failure — could get worse after a big compounding pharmacy closed over concerns about drug safety. The pharmacy, Ameridose, shares some management with the New England Compounding Center, which is at the center of a meningitis outbreak that has claimed 33 lives.

“When you can’t treat basic things — cardiac arrest, pain management, seizures — you’re in trouble,” said Dr. Carol Cunningham, the state medical director for the Ohio Department of Public Safety’s emergency services division. “When you only have five tools in your toolbox and three of them are gone, what do you do?”

Dr. Margaret A. Hamburg, the F.D.A. commissioner, said in an interview this week that she was “guardedly optimistic” that the shortage crisis was abating. “I think there’s been an enormous amount of progress,” she said. “We’re seeing real change in the number of shortages that we’re able to recognize early.” More than 150 new shortages have been prevented this year, according to the agency.

But Erin Fox, who tracks supply levels for a broader range of drugs at the University of Utah, said once a drug became scarce, it tended to stay scarce. The university’s Drug Information Service was actively tracking 282 hard-to-find products by the end of the third quarter of this year, a record.

“The shortages we have aren’t going away — they’re not resolving,” she said. “But the good news is we’re not piling more shortages on top.”

In 2011, prompted by emotional pleas by cancer patients and others who said the drug shortage was threatening lives, President Obama issued an executive order requiring drug makers to notify the F.D.A. when a shortage appeared imminent. The agency also loosened some restrictions on importing drugs, and sped up approvals by other manufacturers to make certain medicines.

A law passed this summer contains several provisions aimed at improving the situation, including expediting approval of new generic medicines and requiring the agency’s enforcement unit to better coordinate with its drug-shortage officials before it takes action against a manufacturer.

Ralph G. Neas, the chief executive of the Generic Pharmaceutical Association, said fixing the drug shortage was complex and would take time, but was a top priority. “One shortage is one shortage too many,” he said. “One patient not getting a critical drug is one patient too many.”

Federal drug officials trace much of the drug shortage crisis to delays at plants that make sterile injectable drugs, which account for about 80 percent of the scarce medicines. Nearly a third of the industry’s manufacturing capacity is not running because of plant closings or shutdowns to fix serious quality issues. Other shortages have been caused by supply disruptions of the raw ingredients used to make the drugs, or by manufacturers exiting the market.

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Obama, Hill leaders optimistic on fiscal cliff

WASHINGTON -- Emerging from a closed meeting with President Obama at the White House on Friday, the administration and congressional leaders sounded optimistic on areas of possible compromise over looming fiscal deadlines for tax hikes and spending cuts begin to come into focus.

“The president and the leadership had a constructive meeting and agreed to do everything possible to find a solution that averts the so-called ‘fiscal cliff,’” said Press Secretary Jay Carney. “Both sides agreed that while there may be differences in our preferred approaches, we will continue a constructive process to find a solution and come to a conclusion as soon as possible.”

Administration and congressional leadership staff plan to work while the president travels to Asia, and through the Thanksgiving holiday week, on a framework to discuss once the parties return.

“It’s going to be incumbent on my colleagues to show the American people we’re serious,” said House Speaker John A. Boehner of Ohio as the congressional leaders emerged from the White House to deliver brief comments.

“We have the cornerstones of being able to work something out,” said Senate Majority Leader Harry Reid of Nevada. “This is not something we’re going to wait until the last day of December to get done. We have a plan; we’re going to move forward on it.”

Both Republicans and Democrats remain far from a deal, which is needed by year-end to avoid a fiscal contraction that economists warn could launch another recession. But the outlines of a compromise can be seen as Boehner has signaled Republicans are open to new tax revenue and Obama has softened his insistence that income tax rates must rise to the top 39.6% rate from the Clinton era.

Friday’s closed-door gathering of the principle players is the first sit-down after the election, which emboldened Obama and his allies on Capitol Hill. Americans spoke at the polls, they maintain, preferring the Democratic approach, which asks the wealthiest taxpayers to contribute more revenue, while preventing steep cuts to domestic spending.

At the same time, rank-and-file Republicans emerged from the election with the take-away that voters want the GOP House majority to hold final “line of defense,” as Boehner puts it, against what they see as excessive government overreach. All tax rates will rise on Jan. 1 if no action is taken – about a $2,000 hit for average Americans.

During the meeting, Boehner presented the outline of a deal that resembles the framework he proposed in the days after the election – insisting that the details of a large deficit-reduction package could not be resolved in the short lame-duck session of this Congress.

Instead, the speaker wants the parties to agree to long-term “targets” for tax revenues and spending cuts that would be binding by statute.

Resolving the tax issue is, in many ways, the cornerstone to a deal, as both sides have found common ground in their desire to reverse the coming automatic spending cuts. On Jan. 2, massive across-the-board cuts would hit defense and domestic accounts, forced as part of  a deal last year when the two sides failed to develop a broader deficit reduction plan.

Tax revenue could be raised by closing tax loopholes or capping deductions for the wealthiest Americans, those couple earning incomes above $250,000, or $200,000 for singles -- though experts say that may not raise enough money toward a big deficit reduction deal that both parties want unless tax rates are also increased. Boehner has resisted lifting rates beyond the top bracket of 35%, which has been in place since the George W. Bush era.

As talks begin, both sides are aiming for a broad deficit-reduction deal that could slash some $4 trillion off the nation’s deficits over the next decade by tax and spending reforms.

Any deal on taxes would also require a compromise from Democrats to rein in spending on Medicare, Medicaid and other entitlement programs that are drivers of the nation’s long-term deficit problems. Obama has put forward earlier plans to do that.

With the year-end deadline looming, Obama has repeatedly sought to pressure House Republicans to at least extend the expiring tax rates for middle-class families, while talks on the upper-income rates continue. The president has warned that even the threat of new taxes in the New Year could damper the coming holiday shopping season.

All sides have tried to resist drawing the lines of a stalemate. The meeting opened Friday with the cordial greetings officials use on such occasions.

In a moment of brevity, Obama offered birthday wishes to the Boehner – the speaker turns 63 on Saturday. And the two shook hands.

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Lisa.mascaro@latimes.com

Twitter: @LisaMascaroinDC

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Spark Socket Connects Your Regular Old Light Bulbs to the Internet

Companies from Google to Comcast to Electric Imp are trying to connect home devices and appliances to the web, but the internet of things remains more of a complicated, distant dream than a reality. Spark Devices wants to start off simple, with one of the most used items in your house — the light bulb.

Spark Devices launched on Kickstarter with a working prototype of what it calls the Spark Socket. All a user needs to do to get their lights on the web is screw a regular light bulb into the Spark Socket and screw that into a regular light fixture. They can then control their lighting — on, off, and dimming — through an iOS or Android app, which opens up entirely new avenues for home lighting. Users can schedule their lights when they’re away, set them to slowly turn on in the morning, and even set them to flash when someone calls their phone.

“[The Spark Socket] was inspired by my dad, who’s deaf and uses lights for notification,” Founder Zach Supalla told Wired. “At first I wanted to solve a specific problem he has. Now that he uses a cellphone for text messaging, he’s very difficult to get a hold of when he’s at home and takes his phone out of his pocket. However, once I started working on it I realized that there was a lot of potential for broader uses by providing an open API.”

Backers can pre-order Spark Sockets for $60 apiece, and the company is trying to reach $250,000 on Kickstarter.

“Products like these will definitely get cheaper over time,” Supalla said. “Just like computers, videogame consoles, and smartphones, they get cheaper as the technology improves, and in our case they will get cheaper as we grow and scale up our production. In the short term I think there’s a lot of great uses for a couple of Smart Sockets in the home, and in the long run, I think we’ll see technology like this not just in every light socket but in every electrical device in the home.”

The Spark Devices team will make an API to developers to create apps for the device, so it’s not hard to imagine using lights to display other types of data — maybe the closet light flashes if it’s going to rain today, or the living room suddenly gets brighter whenever the Giants hit a home run. The Spark Devices team has also partnered with Kickstarter successes like Twine and plans to partner with others, so the functionality should continue to grow.

Watch the video below to see the Spark Socket in action:

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“30 Rock” character Liz Lemon to get her happy ending

LOS ANGELES (Reuters) – “30 Rock” perpetual unlucky-in-love heroine Liz Lemon is finally getting her happy ending, as NBC invited fans on Thursday to watch her get married this month.

After a string of bad boyfriends and unsuccessful romances, Lemon, played by comedienne Tina Fey, finds her soul mate in budding entrepreneur Criss Chross, who owns an organic gourmet hotdog food truck, played by actor James Marsden on the show.

“Ms. Elizabeth Miervaldis Lemon presents herself to be married to Mr. Crisstopher Rick Chross…But not in a creepy way that perpetuates the idea that brides are virgins and women are property,” NBC said in a mock wedding announcement, true to Lemon‘s feminist principles.

The wedding episode will be aired on November 29, during the Emmy-winning show’s seventh and final season.

While Lemon, 42, has never made it down the aisle before, she has had a couple of doomed engagements in past seasons, including her British boyfriend Wesley Snipes (Michael Sheen), whom she almost settled for before finding love with pilot Carol Burnett (Matt Damon).

The hapless singleton has also endured eventful dates with celebrities such as actor James Franco (along with his Japanese body pillow) and Conan O’Brien.

“30 Rock,” created by Fey and inspired by her stint as head writer for “Saturday Night Live”, follows the day-to-day life of fictional NBC sketch comedy show “TGS with Tracy Jordan,” and also stars Alec Baldwin, Tracy Morgan and Jane Krakowski.

(Reporting By Piya Sinha-Roy, editing by Jill Serjeant)

TV News Headlines – Yahoo! News

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Well: Learning That Odd Is Normal

A few months ago, I was at home reading a review copy of “Oddly Normal” by my colleague John Schwartz. The book begins with the suicide attempt of John’s then 13-year-old son, Joe, who had recently told his classmates he was gay. It goes on to explain how Joe’s parents struggled with a school system that didn’t always understand their son, and how Joe eventually found the path to self acceptance.

But my plan to read the book was interrupted when my 8th-grade daughter, intrigued by the title, pulled it out of my hands and read the first few pages. She was captivated and decided to read all of it for her next school book report.

Later she wrote about how moved she was by Joe’s story and how she wished she could “give him a hug and tell him that it would all turn out O.K.” The book, she wrote, “is full of life lessons that are extremely important for every young person to understand…. Being an individual is amazing, and no one should hide their true personality. Eventually, Joe learned to be the person he wanted to be, and he realized that everyone is a little odd and different.”

While “Oddly Normal” has been discussed as a great book for parents, I think teenagers will relate to Joe’s struggles and learn a lot from his honesty. You can meet Joe in a new video, in which he talks about himself, his father’s book and life as a gay teen. To learn more about the book, read the recent New York Times Sunday book review “Something to Tell You.”

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Wealth Matters: Advisers Caution Against Hasty Decisions in Advance of Tax Changes

WITH all the ominous talk of tax increases and a “fiscal cliff” if President Obama and Congressional leaders can’t agree on a plan to avert automatic tax increases on Dec. 31, some investors may be tempted to act soon to take advantage of the current tax rates.

But financial advisers say that in their rush to do something this year, investors may end up with regrets.

“Any time you make a decision purely for tax reasons, it has a way of coming back and biting you,” said Mag Black-Scott, chief executive of Beverly Hills Wealth Management. “Could you be at a 43 percent tax on dividends instead of 15 percent? The straight answer is yes, of course you could. But what if that doesn’t happen? What if they increase just slightly?”

Various proposals are on the table, but the taxes the wealthy say they worry most about are an increase in the capital gains rate to 20 percent from 15 percent, which would affect investments like stocks and second homes; an increase in the 15 percent tax on dividends; and a limitation on deductions, which would effectively increase the tax bill. For the truly wealthy, there is also the question of what will happen to estate and gift taxes.

In addition, the health care law sets a 3.8 percent Medicare tax on investment income for individuals with more than $200,000 in annual income (and couples with more than $250,000). Taking taxes on capital gains as an example, Ms. Black-Scott, who started her career at Morgan Stanley in the late 1970s, said people needed to remember that the rates were 28 percent when Ronald Reagan was president. “If they go from 15 to 20 percent, is it really that bad?” she asked. “You need to say, ‘Do I like the stock?’ If you do, why would you get rid of it?”

Here is a look at some of the top areas where short-term decisions based solely on taxes could end up hindering long-term investment goals.

APPRECIATED STOCK Many people have large holdings in a single stock, often the result of working for a company for many years. And the stock may have appreciated significantly over that time. But if they are selling now solely for tax reasons, advisers say they shouldn’t. The stock may continue to do well and more than compensate for increased capital gains.

But there is an upside to an increase in the capital gains rate: wealthier clients may finally be pushed to diversify their holdings. “If you have 75 percent of your wealth in one stock, then it’s a really appropriate time to think about this,” said Timothy R. Lee, managing director of Monument Wealth Management. If the increased tax rate “is a motivating factor for some people, O.K. Letting go of that control and the pride that goes with it is a really difficult decision.”

Selling stock now may also make sense when it is in the form of stock options set to expire early next year. “Do you want to take the risk the price will drop in January?” asked Melissa Labant, director of the tax team at the American Institute of Certified Public Accountants. “What if we have a fiscal cliff or a change in the markets? If you’re comfortable, do it now.”

Some investors may also fear that higher taxes will drive all stocks down. Patrick S. Boyle, investment strategist at Bessemer Trust, said there was no historical link between tax increases and stock market performance.

In the most recent three tax increases, he says, “the market has actually gone up in the six months before and after.” He added: “It’s not that tax rates aren’t important. They are. It’s just that there are so many other things going on that are more important than tax policy.”

MUNICIPAL BONDS Bonds sold to finance state and local government projects are tax-free now and will be tax-free next year. That is no reason to load up on them.

Tax-free municipal bonds have always been attractive to people in higher-income tax brackets. Now, advisers fear that individuals just above the $200,000 threshold, people who say they do not feel wealthy but will probably be paying higher taxes on their income and investments, will try to offset that increase by moving more of their investments into municipal bonds.

Beth Gamel, a certified public accountant and executive vice president at Pillar Financial Advisers, imagined a case where people in higher tax brackets, thinking they were acting rationally, sold stocks this year to take advantage of the lower capital gains rates and then, to avoid higher taxes next year, put all or some of that money into municipal bonds. Maybe they outsmart the tax man, but they do so at risk to their retirement.

“It will be very difficult for them to reach their long-term goals,” she said, “because the yield on muni bonds is lower than stocks over time.”

Or as Will Braman, chief investment officer of Ballentine Partners, said of this trade-off: “It’s not about minimizing the taxes but maximizing the after-tax returns.”

He suggested that people use their deductions to reduce what is owed from taxable securities.

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Egypt calls on U.S. to help stop Gaza fighting

Rockets From Gaza Jolt Tel Aviv Area

By Reem Abdellatif

November 15, 2012, 10:51 a.m.

CAIRO -- Egypt asked the United States on Thursday to immediately intervene to stop the Israeli military operation in the Gaza Strip, warning that the violence could spiral "out of control," the Foreign Ministry said Thursday.

Egypt also announced that its prime minister would travel to Gaza on Friday, an additional sign that the country's Islamist-led government is under pressure from across the region to help find an end to the conflict.

Egypt "will stand with all of its resources to end this aggression and to stop the recurring killing and bloodshed of Palestinians," President Mohamed Morsi said on national television. "The Israelis must understand that we do not accept this aggression and that it can only negatively affect the stability and safety of the region."

Israel launched airstrikes Wednesday to stop militant factions in Gaza from firing rockets and mortar rounds into communities in southern Israel. The initial Israeli attacks killed Ahmed Jabari, military chief of Gaza's ruling Hamas organization.

Three Israelis and 15 Palestinians were killed in the first two days of clashes.

Prime Minister Hesham Kandil will lead a delegation to Gaza on Friday, according to the state run news agency. Egyptian Foreign Minister Mohamed Kamel Amr spoke with Secretary of State Hilary Rodham Clinton late Wednesday, warning that the violence could escalate and asking the U.S. to "use what contacts it has with Israel."

In Washington, White House Press Secretary Jay Carney told reporters that President Obama had spoken with both Morsi and Israeli Prime Minister Benjamin Netanyahu on Wednesday, reiterating Israel's right to defend itself against attack but urging the Israelis to avoid civilian casualties.

Immediately after the attacks began Wednesday, protesters rallied in Egypt's capital and dozens of activists called for the country to end ties with Israel. Protests resumed near the Arab League offices in Cairo on Thursday morning demanding an end to the attacks on Gaza.

A rally to support the Palestinians was called for Friday in Cairo's Tahrir Square.

ALSO:

Gazans brace for a bitter confrontation with Israel

3 Israelis killed in rocket attack as army continues striking Gaza

Tamils seek probe after U.N. faults itself in Sri Lanka war report

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