Staged Uprising: An Arabian World in Turmoil

Everything began with the “Jasmine Revolution” in Tunisia. But it didn’t spread a sweet odour, rather the biting smell of a wildfire: strikes in Algeria, demonstrations in Jordan, protests in Morocco, resistance in Libya. Mubarak’s fall in Egypt, violence in Yemen, riots in Bahrain and Syria. Arabia is feeling spring and is revolting against authority, with a certain degree of success. The western press rejoices in unison that the world is finally short a few autocratic potentates; that these lands will finally experience democracy and freedom, fought for by a young generation of Arabs who will no longer accept being dictated to and repressed. Who doesn’t want to join in the celebration?

And like a bolt from the blue, one regime after the other is suddenly being toppled, regimes that have more or less held the reins tightly in their hand for 30 or 40 years. The vicissitudes of politics are capricious, as we all know. Well, some politicians know better. Winston Churchill, Britain’s shrewd wartime prime minister, once warned his naïve fellow citizens that nothing, absolutely nothing, in politics happens by accident.

So let’s try to take a glance behind the scenes of this theatre of world politics, a glance unclouded by the foggy monotony of the mass media. On the Internet, the only remaining independent news source, much is written on this subject that we can’t take seriously. Some articles, on the other hand, are eye-opening. Among these, for example, belongs what can be found on lupo cattivo’s1 website. The relevant article, which we will reference here (among others), picks up where our report on global high finance and the problematic of central banks left off (see FactsAreFacts no. 8). We’ll begin our observations in Tunisia, where the Arabian Resistance had its beginning.

The Threat of Tunisia: An Emerging Financial Power

Tunisia is ranked 32nd of the world’s most economically strong countries and is, according to the World Economic Forum’s2 most recent report, therewith the most competitively viable country in Africa. Add to that the fact that Tunisia had experienced an economic liberalisation under President Ben Ali, hounded out of his position after twenty-three years, which culminated in the opening of the Tunis Financial Harbour in October 2010. This modern, three billion dollar off-shore financial centre off the coast of Tunis (the capital) was to be, according to Ben Ali, the most important financial site in North Africa: an international hub linking the economies of the African Maghreb countries with the Arabian oil states and the European Union. In this context, Ben Ali’s son-in-law Sakher El Materi founded the Zitouna Bank in May 2010, a financial institution that (at least before the revolution) held itself strictly to the tenets of Islam.

Islamic Banking is that magic phrase that could make the reigning powers in the interest-money system implode (see textbox). According to Sharia law, Islamic banks are not entitled to charge interest. In fact, the Koran forbids a Muslim from usury (a prohibition that also applied to Christians in the early Middle Ages). Followers of Sharia are also not allowed to gamble on the stock market. As a result, Islamic banks are pretty crisis-proof.

The rich Gulf States are currently expanding their model of Islamic banking. They have plenty of gold for investments and their financial products are more than competitive. The North African Maghreb states, and especially Egypt, are highly interested in future Sukuk certificates (issuing Islamic bonds) and the 1.6 million Muslims of the world are also of interest, for example those in Germany or France. Not for nothing did the French finance minister Christine Lagarde announce at the end of 2008 that she wanted to make Paris the “capital of Islamic banking”; a financial market that will grow, according to studies, 11 per cent per year. Non-Muslims are also discovering Islamic banks. They are happy, for example, to get credit from them for their mortgages because the payment rates are fixed and they have moderate profit margins for the banks. Thus one isn’t in danger of suddenly no longer being able to meet the usually variable interest rates.

Experts estimate that in the future many hundred billion dollars and more will be translated along the model of Islamic banking. The New York Times already reported at the end of 2007:3 “This is an industry on its way from becoming a niche industry to becoming a truly global industry. In the next three to five years you’ll see Islamic banks coming out in Australia, China, Japan and other parts of the world.”

In its first year, the Islamic Zitouni Bank had already created a powerful monopoly in Tunisia. It certainly didn’t hurt that a member of ruler Ben Ali’s clan founded it. What bothered the international money elite even more was that this financial institution was completely independent from foreign banking groups and was gaining more and more independence from the Tunisian central bank.

As we extensively explained in FactsAreFacts no. 8, most of the “state-run” central banks are not really controlled by the state, most especially the US central bank. A court ruling from 1982 confirmed this: the US American Federal Reserve Bank is privately owned.4 And authors like Eustace Mullins proved that the Fed is not the only place where the Rothschilds and their lackeys call the shots—but also at the Tunisian central bank.

A few days after the ex-head of state Ben Ali fled, on 20 January 2011, the Zitouni Bank came under the control of the central bank, to all intents and purposes confiscated.

Because the Islamic banking model doesn’t only endanger the benefices of international high finance due to the enormous worldwide population increase of Muslims (a constantly growing market that puts Islamic banks in competition with the finance oligarchs), but especially because this banking model offers precisely that desperately-needed security that would effectively prevent a global financial crash and the resulting economic crisis. A worldwide application of these basic principles would be like an absolute worst-case scenario for the plutocratic money elite: no exploding state debts, no “Black Fridays” on the stock market, no bursting housing bubble, and so on.

So it’s no wonder that the politicians of industrial nations don’t want to touch such a hot iron and are no longer in a position, even after the recent experience of the sub-prime lending crisis and its global repercussions, to rein in the banks and speculators in a way that will effectively prevent them from riding the peoples of the earth into the next financial misery. What must be done is simple and obvious, though. And that it works has been proven most recently by the Islamic banks. Even western mainstream media sources such as the Washington Post have observed this. That paper published an article on 31 October 2008 entitled, “Islamic Banking: Steady in Shaky Times”, and wrote that many see the model of Islamic banking as the cure for the worldwide financial crisis: “This week, Kuwait’s commerce minister, Ahmad Baqer, was quoted as saying that the global crisis will prompt more countries to use Islamic principles in running their economies. U.S. Deputy Treasury Secretary Robert M. Kimmet, visiting Jiddah, said experts at his agency have been learning the features of Islamic banking”—to learn and study yes, to implement no! The Rothschild clan and their ilk fear nothing more than this kind of system, which is much more stable, catching on.

Precisely this danger looms, and not only in Tunisia. In the current banking report of the top 500 Islamic Finance Institutions, seven of the top ten Islamic banks are in Iran.5 Just another reason why the Western opinion-makers are always railing against this country. According to insider information, the Iranian national bank is just as free from Rothschild control as the Libyan central bank.

Libya: North Africa’s Unknown Water Stronghold

We don’t want to give any praise to the Revolutionary Leader Gadddafi here. His list of misdeeds, crowned by a war against his own people, is too long. Nevertheless, we cannot believe that Gaddafi has incurred the wrath of the western world (and its puppet masters) merely because he represses his people. After all, he has remained in power for 41 years and recently curried favour with the global community again. Just at the end of 2010, Great Britain set Libya up with generous (and well-paid) weapons. A few months later, Britain and her allies bombed these weapons.

Gaddafi is notorious for his crazy statements that sometimes aren’t as crazy as they sound. For example, he declared that Israel was behind the assassinations of Martin Luther King, Jr. and John F. Kennedy,6 that the AIDS virus was man-made and originated in army laboratories in the USA, the land that also trained the death-pilots of the 9/11 airplanes. Statements, incidentally, that are supported by hard facts, as many independent western researchers have confirmed. Moreover, Gaddafi appealed to his people to donate blood for the victims of 9/11.

True, the Revolutionary Leader ruled Libya’s loose tribal alliance with an iron fist. But unlike so many other African potentates, he didn’t let all the land’s riches disappear into his own pockets. The Libyans have had it comparatively good. Their country has the highest per capita income in Africa and fewer people live under the poverty line than the Netherlands, for example. Faced with international rising food prices, the Libyan government eliminated all food taxes. Less than five per cent of the population is threatened with hunger and the child mortality rate is the lowest in all of Africa. Even the rate of incarceration has remained surprisingly low: Libya is behind Czechia in 61st place.

It’s a very different story in Egypt. This country is highly dependent on food imports from the USA and is also kept on a short leash in other respects by international high finance. So, for example, the government had to cut food subsidies massively over the last few years due to pressure from the International Monetary Fund, which has hit poor Egyptians especially hard. And which served to stoke resentment. Libya’s riches stem from its bountiful oil, which is exclusively produced by the state. The profits thus remain in the country. In Libya, the western oil businesses cannot regularly “skim from the top” as, for example, Shell does in Nigeria, a truly crisis-ridden nation.

With some of the oil profits, Gaddafi spearheaded a highly important and well-thought out project that is now almost finished. Did you know that his country is the water stronghold of North Africa? Protected by the desert sand, four gigantic ground water lakes lie buried in Libyan soil. The Kufra, Sirt, Morzuk and Hamada basins contain a reservoir of purest drinking water of approx. 35,000 cubic kilometres. That is about the same amount as a one hundred metre-deep ocean covering all of Germany!

At a time when experts assume that freshwater will soon be as valuable as oil and multinational food companies have been quietly buying up water sources around the world, a water-store like this promises the globalists winnings of unimaginable billions. But as long as the Islamist socialist Gaddafi remains in power, such monetary dreams are nothing more than a Fata Morgana. Yet, who knows what would be possible in the time after Gaddafi if the country should open to the West.

The Revolutionary Leader himself had very different plans with this ground water: In 1980 he began work on a gigantic project that was to provide water for Libya and its neighbouring countries Egypt, Sudan and Chad. Libya wanted to set a green revolution in motion that was to make the North African desert bloom and transform the countries involved into successful agricultural states. This would bring not only plenty of food and increasing prosperity to the people, but also independence from organisations like the World Bank and the International Monetary Fund, that pool of internationalistic “economic hit-men” in the service of sinister high finance.