The American Triangle of Depression

Stock Market

Stock Market

Ten months ago (January 18th, 2008) Henry Paulson, the American Secretary of the Treasury, announced that in the long run the economical structure of America is solid and that he believes that the economy will grow. Official members of George W. Bush’s government, for instance the Chair of the Federal Reserve, did not say anything about the downfall of the American economy. Two months later (March 16th, 2008) the Secretary of the Treasury repeated his reliance on the American economy and emphasized that he has complete trust of the American financial institutions and that the American marketplace can resist difficulty.

Four weeks before the American economic sun set, people woke up from their slumber and heard that huge and old American banks, American financial institutions, and American insurance agencies went bankrupt. The news of America’s financial crisis and bank crises hit like a bomb and shook the world’s financial system for a few minutes. The American stock market fell 40 percent and the stocks of large stock markets in the world fell dramatically. The week that world leaders, for instance Dr. Ahmadinejad, the president of the Islamic Republic of Iran, were in New York attending the annual session of the United Nations, the American Secretary of the Treasury, who was the managing director of a huge American financial institute – Goldman Sachs on Wall Street – put forth tireless effort to confirm George Bush’s 700 billion dollar plan in the congress in order to prevent the complete fall of the American banking system which the American economy has not seen since the time of the previous president Franklin Rosevelt, in the 1930s.

This financial crisis and bankruptcy of United States banks was not astonishing for people who read the analyses regarding America and the events of the world in the Kayhan Newspaper. Exactly ten months ago (January 31st, 2008) when Henry Paulson, the Secretary of the Treasury reported about a healthy American economy, the Kayhan Newspaper predicted an American financial crisis in an article titled Depression in America. I wrote there that this country is practically in an economic crisis. The first paragraph of that article was started with: “The depression has started in America, but the government and treasury department have yet to announce it. There is has always been a three to six month gap between an economical event and its official announcement in the history of the American economy. The depression of 2008, which we are still in, is not an exception to this rule. News regarding the depression must be given gradually and slowly because the modern economy has a direct connection with people’s imagination and trust. America has the largest economy in the world and in the age of internationalizing capital, work, and technology any change in the financial and banking areas of America will have a large effect on the international economy.” This has happened.

full article: www.insight-info.com

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1835: theatre or diplomacy?

United Nations Security Council

Transforming diplomacy to showing off, action to presentation, and pressure to protecting honor are the most important yard sticks of the present age. The issue of resolution 1835 shows all of these. Yesterday morning, the Security Council of the United Nations issued a resolution against Iran. The writers confessed to the fact and the text showed that it was only an emphasis of previous resolutions and that there was nothing new in it. After the resolution was passed, the American who seemed excited immediately tried to clarify the purpose of the P5+1 from this move so that no misunderstanding could remain. Rice, in the first minutes after the resolution was passed, told Reuters that Iran should recognize that the P5+1 is still strong. After her other foreign ministers made similar statements explaining the reasons behind the resolution. David Miliband, who has always been severely against Iran, told a French news agency that this resolution shows that the will of six powers in the world in regards to the Iranian nuclear program has not weakened. Frank-Walter Steinmeier showed his views in a prettier and clearer statement. The press in New York wrote narrated him saying that there was no new sanctions in the resolution against Iran, but it was a move made so that Iran would not become happy over the differences that arose in the P5+1.

Allow me to start the discussion by asking a question: What message should Iran take from the resolution? America, and apparently all of the six nations of the group, want Iran to take the message that the internal differences of the six nations was really a mistake in calculations made by Iran and that all of these countries are united in preventing a nuclear Iran. The recent debates in regards to Georgia and other issues, whatever they are, do not make any difference in relation to Iran. They are still firm in whatever was previously written in resolutions drafted by the Security Council of the United Nations. But, the truth is that 1835 can, in no way, relate such a message. Rather, the opposite. Just as many political analogists in Tehran conclude, the issuing of this resolution and the words that the western politicians said in regards to explaining their actions all show that Iran made the correct calculations. 1835 is nothing but a small Band-Aid placed over the deep wounds of differences that the P5+1 have. It is interesting that western politicians said that their purpose was to prevent Iran from becoming happier. It was a way of coming together despite differences and showing how they will react to Iran not hiding their differences which are clearer than the sun.

If we go a little bit back in the past the issue will become clearer. After the latest developments in Georgia where the west and Russia stood up, face to face, for the first time after the Cold War, the cooperation of the P5+1 felt a shock in regards to Iran. Some Russian and European sources wrote in the first days that the first sacrifice of this situation, before Georgia, will be the P5+1’s efforts for cooperation in quelling Iran’s nuclear program. A few days after the fighting the analysis was seen in almost all of the world’s media that great diplomacy has ended and Russia will not longer continue its cooperation with the west, including in regards to Iran’s nuclear program. Inside Iran, although America’s efforts to create divisions in the Caucuses were rebuked, but nobody believed that the problems in Georgia would take Russia out of the western camp and make them join with Iran. Almost all people inside Iran believed that Russia has always dealed with Iran and will continue to do this. They benefit from this and this is exactly what happened. Meanwhile, it is not necessarily because of Russia’s resistance, rather it is mostly because of the successful and effective resistance of Iran that the pressure on Iran has increased and sanctions of become more severe. The Georgia issue was only a small aid to this process.

full article: www.insight-info.com


CAIR Asks FEC to Probe Anti-Muslim DVDs Sent to Swing States

A prominent national Islamic civil rights and advocacy group today announced that it has filed a complaint with the Federal Election Commission (FEC) over the distribution of an anti-Muslim film to 28 million homes in presidential election swing states.

The Washington-based Council on American-Islamic Relations (CAIR) is urging the FEC to investigate whether the Clarion Fund, a shadowy non-profit organization that distributed DVDs containing “Obsession: Radical Islam’s War Against the West,” is really a front for an Israel-based group seeking to help Sen. John McCain win the U.S. presidential election. (No information about a board of directors, staff or even a physical address is offered on the fund’s website.)

In its complaint to the FEC, CAIR wrote in part:

“The Clarion Fund recently financed the distribution of some 28 million DVDs containing the film ‘Obsession: Radical Islam’s War Against the West’ in what many political analysts describe as ‘swing’ states in the upcoming presidential elections. Those same analysts say the distribution of the ‘Obsession’ DVD was designed to benefit a particular presidential candidate, namely Sen. John McCain…

“According to the website for the Secretary of State for New York, Clarion Fund Inc. is incorporated in New York as a Delaware based foreign not-for-profit corporation. According to the Delaware Department of Corporations, Robert (Rabbi Raphael) Shore, Rabbi Henry Harris and Rebecca Kabat incorporated Clarion Fund. All three of whom are reported to serve as employees of Aish HaTorah International, an organization apparently based in Israel. Also according to the Delaware Department of Corporations, the incorporators of the Clarion Fund used Aish HaTorah’s New York City address (150 West 46th Street, New York) to incorporate Clarion Fund in Delaware…

“It appears that the funding for the production, marketing and distribution of ‘Obsession’ may have originated from Israel-based Aish HaTorah International.”

Full article: www.insight-info.com

It is not ok to bash Muslims

It is not ok to bash Muslims