Category: North Africa

  • Anti-American Protests Triggered by Bad Movie or Bad Policy?

    Anti-American Protests Triggered by Bad Movie or Bad Policy?

    sassounian3

    An amateurish US film mocking the Prophet Muhammad and denigrating Islam unleashed massive and violent anti-American protests throughout the world last week.

    The angry demonstrations turned deadly when unknown assailants attacked the American Consulate in Benghazi, Libya, killing US Ambassador Chris Stevens and three staff members. Security forces in several countries killed dozens of protesters as they burned American flags and scaled the walls of US Embassies.

    Pouring more oil on the fire, initial reports falsely claimed that the movie was produced and financed by Israelis. In fact, it was produced in Southern California by a Christian Egyptian convict whose film was severely denounced by Bishop Serapion of the Coptic Church in Los Angeles.

    The real issue, however, goes beyond the vile movie and its reckless producer. The film simply served as a pretext for protesters to express their pent up anti-American anger after decades of flawed and counter-productive US foreign policies — none of which justifies the killing of American diplomats and attacks on US Embassies.

    The list of serious missteps by successive US administrations is lengthy enough to fill many volumes. Whether it is called Arab Spring or Winter of Discontent, the down-trodden masses of third world countries have finally erupted in anti-American rage, having long-endured oppressive tyrants backed by Washington. To achieve short-term and shortsighted objectives, American policymakers often damage US interests in the long run.

    Another regrettable US mistake is pouring billions of dollars into the pockets of corrupt foreign leaders, to prop up puppet regimes and buy their friendship. Unfortunately, very little of this US largesse has trickled down to the poor and needy. Ultimately, the masses overthrow the autocrats and take their anger on the nearest US target — the American Embassy and the flag which symbolizes to them oppression and misery.

    Lengthy congressional hearings are then held in Washington, as legislators wonder why so many foreign leaders have become anti-American and what their corrupt predecessors have done with billions of dollars in US foreign aid? Instead of taking steps to ensure that the assistance provided by the United States reaches the neediest segments of society, Congress often threatens to cut off all aid to teach the new leaders a lesson, thereby antagonizing them even more!

    Most problematic is the risky role the United States plays in regional conflicts. Due to misperceived interests, American officials too often throw their weight around, rushing headlong into unnecessary wars or taking one-sided positions, whereas a more balanced approach would be more productive in peacefully mediating these conflicts.

    Caution is particularly necessary during an election year, when US presidential candidates make overly partisan statements to pander to the interests of diverse constituencies. A careless remark can have far-reaching consequences, tarnishing America’s image and alienating millions of people around the world.

    Most Arabs and Muslims are convinced that America has not been an honest broker in the Arab-Israeli conflict. As a result, they harbor great resentment and deep-seated anger toward the United States. Any provocation, such as burning the Koran or making anti-Muslim movies, triggers a violent reaction. While US laws protect even the vilest forms of speech, people must realize that words have consequences; and just because it is legal to say something, it may not be prudent to do so!

    However, in all fairness, not every hostile act in the world should be blamed on US foreign policies. There are extremists in every race, religion, and nation motivated by hostile ideologies with the sole aim of causing indiscriminate destruction. Regrettably, Western governments and societies often mistakenly blame everyone who shares the racial and religious affiliation of few extremists, thereby antagonizing millions of peaceful citizens.

    Fortunately, there is no shortage of learned scholars in academia and experts in governmental agencies who can advise and educate US leaders, many lacking basic knowledge of world affairs. A case in point is a conversation Pres. George W. Bush had with three Iraqi-Americans. When the President was informed about the existence of different Islamic sects in Iraq, he reportedly told his guests that he did not know there were Sunnis and Shias in that country. “I thought the Iraqis were Muslims,” he was quoted as saying!

    While bad movies can trigger short-term outbreaks of violence, bad foreign policies can cause long-term damage to US national interests.

     

     

  • Syrian opposition group decries insult to Prophet Mohammad

    Syrian opposition group decries insult to Prophet Mohammad

    By IANS,

    Istanbul: A major Syrian opposition group has expressed its distress over the insults caused by a US movie towards Prophet Mohammad but also stated that it is shocked over some Muslims’ reaction in the form of murder, arson and vandalism.

    “We condemn the repeated insults to the noble prophet … and are outraged to see the insults tied to the anniversary of the September 11 attacks, which suggests there is a connection between the event and the tolerant message of Islam,” Xinhua quoted The Syrian National Council as saying in a statement.

    “As we condemn the insults and consider them an assault on the feelings and beliefs of nearly one fourth of the population of the globe, we stress the right of everyone who has been offended to express peacefully their rejection and condemnation,” the Istanbul-based Syrian opposition group added.

    The group also denounced the killing of the US ambassador and three other US diplomatic staffers in Libya.

    On Tuesday night, protesters stormed the US consulate in Libyan city of Benghazi, and set fire to the building to protest against the video allegedly ridiculing Prophet Mohammad.

    The film has also ignited protests in Yemen, Iran and Egypt.

    via Syrian opposition group decries insult to Prophet Mohammad | TwoCircles.net.

  • A Turkish Airlines Jet Returns to Istanbul after Being Unable to Land in Benghazi

    A Turkish Airlines Jet Returns to Istanbul after Being Unable to Land in Benghazi

    A Turkish Airlines (THY) passenger jet returned to Istanbul on Friday after being unable to land at the Benghazi Airport in Libya due to concerns of security.

    The THY jet departed from Istanbul’s Ataturk International Airport at 07.30 hours on Friday with 121 passengers on board and travelled to Benghazi.

    However, the THY jet could not land at the Benghazi Airport as the airport was shut down due to violent incidents in Benghazi.

    While Turkish passengers were sent to their homes, Libyan passengers were taken to local hotels in Istanbul.

    The Benghazi Airport will be closed to passenger traffic until 23.00 hours (Libyan local time) on Friday.

    As soon as the Benghazi Airport gets reopened to passenger traffic, the THY will resume flights to this city.

    Friday, 14 September 2012

    Anadolu Agency

  • U.S. Deploys Warships, Marines To Libya

    U.S. Deploys Warships, Marines To Libya

    U.S. Deploys Warships, Marines To Libya

    USS Laboon transits the Delaware River.Rick Rozoff (Stop NATO) – Following the deaths of American ambassador to Libya J. Christopher Stevens and three members of his staff in a coordinated attack on the U.S. diplomatic mission in Benghazi on September 11, Washington is deploying two Aegis class destroyers off the coast of Libya as well as having already dispatched Marines to Benghazi and elsewhere in the nation.

    The guided missile warship USS Laboon is already positioned in the Mediterranean Sea near Libya and USS McFaul is heading to the same destination from the Strait of Gibraltar. Both are equipped with Tomahawk cruise missiles, used in a massive barrage against Libya in the opening hours of so-called Operation Odyssey Dawn on March 19, 2011.

    In the words of a Pentagon official cited by CNN, “These ships will give the administration flexibility” in the event Washington orders new attacks inside Libya.

    According to the same American news source, “The US Navy typically keeps up to four Aegis-equipped missile warships in the eastern Mediterranean to aid in defending Israel and missile defense for southern Europe.”

    The latter is a reference to the Obama administration’s European Phased Adaptive Approach interceptor missile system which the North Atlantic Treaty Organization announced to have achieved initial operational capability at its summit in Chicago in May. U.S. guided missile destroyers and cruisers carrying Standard Missile-3 interceptors have been active in the Mediterranean since USS Monterey was deployed there in March of 2011, the month the U.S. and NATO began over six-months of missile and air attacks against Libya.

    According to a Reuters report, eight American Marines were flown into Benghazi by helicopter the day after the attack on the U.S. mission, with two of them being killed and two wounded in a fierce mortar attack on the building.

    The Associated Press claimed that the U.S. has deployed 50 members of the elite U.S. Marine Corps Fleet Antiterrorism Security Team to Libya.

    U.S. Africa Command’s first war and NATO’s first war in Africa officially ended on October 31 of last year, after the U.S. and Britain launched well over 100 Tomahawk missiles into Libya and NATO followed with over 26,000 air missions, among them almost 9,000 strike sorties, in Operation Unified Protector and the nation’s leader, Muammar Gaddafi, was brutally murdered outside his hometown of Sirte.

    But as with NATO’s military operations from the Balkans to Afghanistan and the Horn of Africa, one armed conflict inevitably gives way to another and the Western military bloc continues to execute plans to expand into a global military strike force.

    Richard Rozoff id the Owner and Editor of the Stop NATO Website.

    via U.S. Deploys Warships, Marines To Libya | nsnbc.

  • It Can not happen to Me Chapter 18

    It Can not happen to Me Chapter 18

    IT CAN NOT HAPPEN TO ME.  GUESS WHAT?  IT WILL!!!

    Chapter 18

    The SHADY SIDE OF SILVER

    While everyone seems to ignore the casino atmosphere of the securities markets worldwide, there is a time bomb about to explode.

    The volatility of the silver futures market is like bungee jumper without a rope.

    It seems a complex game, but when you break it down, we all going to pay the devil. We all know it is wrong, but few speak up.

    For starters , The Federal Reserve Board of the United States and other central bankers around the world are keeping their funds which they transact business with other member banks artificially low.   This was done during the banking crisis, but they have failed investigate the abuses.

    One glaring abuse is a major bank can “borrow” a million dollars and with high frequency trades [i]and short the  silver contracts on the COMEX .[ii] They are selling contracts that they do not own. Another scheme is to place factious orders to sell to scare the buyers away. This drops the bids temporarily low. In an nano second the computers cancels the sells and instead buy at the depressed prices. These trades place an artificial cap on the price. Now the computers , some instances are trading among themselves with no human benefit.

    AS is the case of silver, the industrial demand far outstrips the world’s supply. The total amount used is 755.7 million ounces. Here is the breakdown for industrial uses. One can quickly observe that over half is for industrial use.

    Silver has unlimited applications in science, industry and art plus investments. Total demand in 2010 was 487.4 million ounces for industrial use only. 167 million ounces were used  for jewelry and 101.3 million ounces  were used in medals and coins which were probably increased in 2012 because of the Olympics. Silver is used 1000 ounce bars for industrial use. There is about 1.25 billion ounces of silver in the entire world in 1000 bars. These bars are not just floating to be plucked out of thin air. They are often broken down for use in computers and solar panels and mirrors just to name a few.

    J P Morgan Chase was reported to be short 95 million ounces as of August 18, 2012. The 8 largest silver traders are short 40.9% of the entire COMEX future trading on a net basis. These contracts are in 1000 ounce bars. This will take over 100 trading days for them to cover(buy back) their shorts sales. This could be the straw that broke the camel’s back as far as inflation is concerned.

    When industrial users discover they might have a delivery problem they more than likely double order. This in itself will put added pressure on the shorts and send silver on a par with gold. There is three times more gold around than silver. If silver ever reached the price of gold, forget the Euro and everything else. Heaven Forbid!!!

    What one can do. Own silver  for cash only. NOW

    What the authorities must do  worldwide.

    Raise Interest rates NOW.

    Abolish margin rates NOW.

    Bring back the uptick rule NOW.

    Reinstate the usury laws NOW.

    Hire outside Law firms  that will sue or try violators ona contingency basis. There only fee will be a fee based upon a predetimined percentage of the judgement. If they loose – no fee.  This will give would be violators second thoughts of breaking laws.  

    Finally go back to chapter one and review every chapter that I have written so far

    Cheerio !!!

       


    COMEX(Commodity and metal exchange) offers gold, silver, copper and aluminum contracts as well as FTSE Eurotop 100 and 300 stock indices.

     

    [ii] High frequency trades (HFT) are done by computing an allogrintem into a computer program that will trade silver contracts in nano seconds. This can also be done by posting factious offerings to scare away would be buyers causing the security to drop in value quickly. Then in a nano second it will buy back  the security. The difference in sale price and buy price is the profit. Using a million dollars on margin;  fractional change in price can be a tidy sum. It is estimated that 80 to 90% of all trades are  now HFT’s.

  • It Can Happen to Me. Guess what? It Will ! Chapter 17 Breaking Up the Banks

    It Can Happen to Me. Guess what? It Will ! Chapter 17 Breaking Up the Banks

    IT CAN NOT HAPPEN TO ME. GUESS WHAT? IT WILL !!
    Chapter 17   Breaking Up the Banks.

    “A GREEDY MAN BRINGS TROUBLE TO HIS FAMILY, BUT HE WHO HATES BRIBES WILL LIVE.” PROVERBS 15:27       When an industry is at the top or number one it has no place to go but down. This has been my observation for over 55 years. In the US Army it is called OJT (On the Job Training).  WE as citizens going into our local bank should be warned   WATCH OUT- THERE IS NO SUCH THING AS FREE LUNCH.

    Albert Einstein said man’s greatest invention is compound interest. Banks love it when they can put it to  use to an unsuspecting public.  Any funds one gets to work down the principal will find that it has expanded.  At some point one will not be able to pay that principal or off.

    A funny thing happen on the way to the bank. They did it to themselves. Easy credit will kill the goose every time. You see in order to gain more wealth , banks had to issue more debt in order to lend more.  GREED – it is a killer. Once one starts making and spending money; one needs more. It is at the very top that one takes chances in order to gain more. Usually these chances are at the detriment of us the average citizen trying to provide for a family.

    The names of Corzine, LIBOR, JP Morgan-Chase; Dimon and Weill mean little to the average citizen-until  they want to pay off debt. This is when the “Rule of 72” comes into play. It is very simple. Just divide the interest rate you are paying into 72.  Your answer is how many years the bank is doubling its money on you. So if you are paying an 8% mortgage for 30 years divided by 72 is every 9 years. To me that seems fair because you are using the banks money.  Credit cards can work on a monthly basis and now one is “going where no man has gone before”-STAR TREK. Once a debt is in outer space it is up to the courts (and the courts have to follow the law) the debtor is a pawn to spineless attorneys who seek a quick reward for returning a pittance to the lender. This is legal larceny and a USURY law supported by all nations would halt this practice and create more jobs and distribute more wealth over a wider area.

    Once a bank has you in their indebtedness you lose your freedom. The more debt you take on; the deeper the hole you are in. If you are a lawmaker, one should open their safe deposit boxes. IN the days of yesteryear, politicians would accept tax free municipal bonds, but today they have to be registered. Now one finds cash that has been unreported?

    So Nothing big can happen until elections are held, because it is more likely that the legislators involved with any kind of finances are on the take. So our votes are very important. We must elect enough new members that a group can control any committee. This has to be done in a bipartisan spirit.

    So to break up the banks in a meaningful term we must have a majority turnover in world wide elections.  WE must enforce a strong Usury Law for the protection of us all.

    When JP Morgan has outrageous short positions in Gold and Silver futures on the COMEX and the CFTC is powerless to enforce them against this giant bank. The CFTC entire budget is around $200-$300 million while JP Morgan could spend $5 billion defending their illegal position. When a giant bank can out maneuver their government of laws – the bank should be broken up rather quickly.

    My next chapters will have to do with the brokerage and financial management part of the break up.