Another from Newsbusters, this time about an AP "analysis piece" that asserts that the Iraqi war is Bush's "vendetta against Saddam" for 9/11.
The money quote:
In an "analysis" piece the AP put out today, "After 4 years of errors, Bush definition of ‘victory’ in Iraq is far more modest," Raum flatly states:
Bush’s decision to wage a vendetta against Saddam Hussein as retribution for the Sept. 11 attacks — six years ago Tuesday — led to many miscalculations and mistakes.
And what evidence does Raum offer in support of his astonishing theory that the Iraq war was Pres. Bush's "vendetta" against Saddam "for the Sept. 11 attacks"? Uh, Tom will have to get back to us on that . . .
Amazing.
Wednesday, September 12, 2007
Daily Kos Equates Reagan and Osama bin Laden
I don't often write about the Daily Kos, and thankfully this post on Newsbusters did it for me. This is regarding a recent Daily Kos post equating Reagan and Osama bin Laden.
The money quote:
DailyKos.com, the Left's most popular website and a key source of fund-raising for Democrats from coast to coast, says Osama bin Laden and Ronald Reagan have a lot in common:
So is Osama bin Laden truly "evil?" Most people who lost family members at the World Trade Center on 9/11/2001 would probably consider him to be evil. Was President Ronald Reagan evil? Most residents of Beirut who lost family members when the USS New Jersey rained 2,700 pound Mark 7 shells on residential neighborhoods in 1983 during the Lebanese Civil War probably considered Reagan to have been evil. Bottom line? Bin Laden is no more evil than other revolutionary leaders in other times or even than ordinary national leaders who propel their countries to war for "national honor," or to acquire the resources of others, or even to "do good."
To translate Kos-speak: Osama bin Laden isn't a terrorist, he's a freedom fighter. And Reagan wasn't a freedom fighter - he was a terrorist.
Read the rest. It says a great deal about the Left and its attitudes about America.
The money quote:
DailyKos.com, the Left's most popular website and a key source of fund-raising for Democrats from coast to coast, says Osama bin Laden and Ronald Reagan have a lot in common:
So is Osama bin Laden truly "evil?" Most people who lost family members at the World Trade Center on 9/11/2001 would probably consider him to be evil. Was President Ronald Reagan evil? Most residents of Beirut who lost family members when the USS New Jersey rained 2,700 pound Mark 7 shells on residential neighborhoods in 1983 during the Lebanese Civil War probably considered Reagan to have been evil. Bottom line? Bin Laden is no more evil than other revolutionary leaders in other times or even than ordinary national leaders who propel their countries to war for "national honor," or to acquire the resources of others, or even to "do good."
To translate Kos-speak: Osama bin Laden isn't a terrorist, he's a freedom fighter. And Reagan wasn't a freedom fighter - he was a terrorist.
Read the rest. It says a great deal about the Left and its attitudes about America.
The Objective Standard on Edwards' Health Plan
The Objective Standard goes after Presidential Candidate John Edwards oppressive, paternalistic healthcare plan, and does its typically great job.
A quote:
Under Democratic presidential contender John Edwards's "universal" health-care proposal, every American would be required to go to the doctor for preventive care in order to keep health-care costs down. In a similar proposal, a Tory panel in Britain suggested that, in order to control the spiraling costs of its socialized health-care system, Britons should be forced to adopt a government-prescribed "healthy lifestyle" or else be denied certain medical treatments. Britons who improve their health by, for example, quitting smoking or losing weight would receive "Health Miles" that could be used to purchase vegetables or pay for gym memberships.
"These proposals are the reductio ad absurdum of nanny-state paternalism," said Dr. Yaron Brook, executive director of the Ayn Rand Institute. "According to these politicians, instead of having a government that protects our right to live our own lives, we are to be treated like incompetent children who need someone to force us to visit the doctor and eat our veggies.
Read the whole thing.
A quote:
Under Democratic presidential contender John Edwards's "universal" health-care proposal, every American would be required to go to the doctor for preventive care in order to keep health-care costs down. In a similar proposal, a Tory panel in Britain suggested that, in order to control the spiraling costs of its socialized health-care system, Britons should be forced to adopt a government-prescribed "healthy lifestyle" or else be denied certain medical treatments. Britons who improve their health by, for example, quitting smoking or losing weight would receive "Health Miles" that could be used to purchase vegetables or pay for gym memberships.
"These proposals are the reductio ad absurdum of nanny-state paternalism," said Dr. Yaron Brook, executive director of the Ayn Rand Institute. "According to these politicians, instead of having a government that protects our right to live our own lives, we are to be treated like incompetent children who need someone to force us to visit the doctor and eat our veggies.
Read the whole thing.
Putin Complains About US Restrictions on Foreign Investment
Here's an interesting story in the International Herald Times about Putin's complaints over recent US legislation increasing national security oversite over foreign investments in the US. It's interesting from a few perspectives.
First, Russia has shown that it can't be trusted with regard to foreign investment in Russia:
In recent months, foreign oil companies have been forced to cede control of a number of major projects which they acquired in the 1990s, most notably with the sale by Royal Dutch Shell of a controlling stake in the Sakhalin-2 project, and BP's sale of its stake in the Kovykta gas field.
The Russian state-run natural gas monopoly Gazprom was the buyer of both.
Second, and on a related note, I have to agree with limitations on purchases of American businesses by foreign state-owned companies. I have less concern about purchases by purely private entities in nations that recognize property rights.
Regarding the general concept of government limits on foreign investment, I'm a bit more undecided. On the one hand, there certainly can be national security interests, be it regarding infrastructure (such as energy companies) and high technology. It likely makes sense for such investments to be vetted.
But ultimately, that Putin would make such a complaint is a bit hypocritcal. As a wannabe dictator, Putin has very little room to talk.
First, Russia has shown that it can't be trusted with regard to foreign investment in Russia:
In recent months, foreign oil companies have been forced to cede control of a number of major projects which they acquired in the 1990s, most notably with the sale by Royal Dutch Shell of a controlling stake in the Sakhalin-2 project, and BP's sale of its stake in the Kovykta gas field.
The Russian state-run natural gas monopoly Gazprom was the buyer of both.
Second, and on a related note, I have to agree with limitations on purchases of American businesses by foreign state-owned companies. I have less concern about purchases by purely private entities in nations that recognize property rights.
Regarding the general concept of government limits on foreign investment, I'm a bit more undecided. On the one hand, there certainly can be national security interests, be it regarding infrastructure (such as energy companies) and high technology. It likely makes sense for such investments to be vetted.
But ultimately, that Putin would make such a complaint is a bit hypocritcal. As a wannabe dictator, Putin has very little room to talk.
Digg Report
Digg Report: Today's #1 Digg, at 4929 Diggs, is a link to a YouTube clip of a gay (20-something? teenager?) wailing over the treatment of Britney Spears. One wonders whether it's a parody or for real--but only if one has so little else to do.
Ultimately, it's further testament that the Internet, for all its incredible usefulness, has a useless and seedy side, for which Digg and YouTube continue to provide ample evidence.
Ultimately, it's further testament that the Internet, for all its incredible usefulness, has a useless and seedy side, for which Digg and YouTube continue to provide ample evidence.
France Backs Up US on Iranian Stance
I think I've said it before, but in case I haven't: I'm very pleased that France has a leader with at least some reason about him. The West needs to be together against Islamic fundamentalism, and having France with us once again--at least against Iran--is a positive.
Here's a story in the Asian Times that makes a few interesting points. Although American diplomacy with Iran has been lacking, the story says, we've done a good job of bringing the West together. While I agree with the former statement, I'm sure my position would be the polar opposite: I don't believe we should have any "diplomacy" with Iran, any more than we should have had "diplomacy" with Japan on December 8, 1941.
The latter statement, though, might be of most importance. Again, at least with France, the West seems to be coming together. Some quotes:
Only a week earlier, Sarkozy brought French policy into alignment with the United States, warning, "Iran with a nuclear weapon is not acceptable to me. I want to underline France's total determination on the current plan linked to increasing sanctions, but also being open to talks if Iran chooses to respect its obligations. This initiative is the only one that can allow us to escape an alternative that I can only call catastrophic: an Iranian bomb or the bombing of Iran."
That's a bold statement for France to make: "...I can only call catastrophic: an Iranian bomb or the bombing of Iran." That's important: it's necessary for some other Western nation to assert that Iran will be bombed before it's allowed to make a nuclear weapon.
Then, about the West:
America's miserable performance in Iraq should not obscure the success of Washington's efforts to align the West against Tehran. Sarkozy has shifted French policy in a way that leaves Iran no wiggle room. Although Berlin has been very quiet in recent months, Rafsanjani's main ties to the West run through Germany, and it can be assumed that US President George W Bush is working closely with Chancellor Angela Merkel as well as with Sarkozy.
It seems quite probable that the prospect of a West united in its resolve to prevent Iran from becoming a nuclear power, and resigned to enforcing this by military means, shifted the balance within Iran's clerical assembly to the former president. To be sure, Rafsanjani's return to a position of influence, if not yet power, embarrasses Ahmadinejad but does not yet restrain him.
It's an interesting story, and worth a read.
Here's a story in the Asian Times that makes a few interesting points. Although American diplomacy with Iran has been lacking, the story says, we've done a good job of bringing the West together. While I agree with the former statement, I'm sure my position would be the polar opposite: I don't believe we should have any "diplomacy" with Iran, any more than we should have had "diplomacy" with Japan on December 8, 1941.
The latter statement, though, might be of most importance. Again, at least with France, the West seems to be coming together. Some quotes:
Only a week earlier, Sarkozy brought French policy into alignment with the United States, warning, "Iran with a nuclear weapon is not acceptable to me. I want to underline France's total determination on the current plan linked to increasing sanctions, but also being open to talks if Iran chooses to respect its obligations. This initiative is the only one that can allow us to escape an alternative that I can only call catastrophic: an Iranian bomb or the bombing of Iran."
That's a bold statement for France to make: "...I can only call catastrophic: an Iranian bomb or the bombing of Iran." That's important: it's necessary for some other Western nation to assert that Iran will be bombed before it's allowed to make a nuclear weapon.
Then, about the West:
America's miserable performance in Iraq should not obscure the success of Washington's efforts to align the West against Tehran. Sarkozy has shifted French policy in a way that leaves Iran no wiggle room. Although Berlin has been very quiet in recent months, Rafsanjani's main ties to the West run through Germany, and it can be assumed that US President George W Bush is working closely with Chancellor Angela Merkel as well as with Sarkozy.
It seems quite probable that the prospect of a West united in its resolve to prevent Iran from becoming a nuclear power, and resigned to enforcing this by military means, shifted the balance within Iran's clerical assembly to the former president. To be sure, Rafsanjani's return to a position of influence, if not yet power, embarrasses Ahmadinejad but does not yet restrain him.
It's an interesting story, and worth a read.
Tuesday, September 11, 2007
September 11, 2007
In recognition of today's date, September 11, I won't be blogging other than this single post. I feel there's very little that one can say today that has much meaning in the context of this day six years ago.
This is particularly true given the sorry state of affairs since then. Although no new terrorist attacks have succeeded on American soil, our enemy--Islamic fundamentalism--is stronger today than it was then. Thousands of American soldiers have died in Iraq for the same reason that 9/11 occured--our selfless appeasement of the true antagonists and our altruistic approach to the "war on terror."
Iran is stronger and bolder today than it was then, and has accelerated its proxy war against us by supporting the terrorists who kill our soldiers in Iraq. Syria continues to wreak havoc in the region, with its meddling in Lebanon and among the Palestinians. Saudia Arabia, our alleged ally, continues to export the very Islamic fundamentalism that has accounted for the worst acts of terrorism in the last century.
In short, our reaction to 9/11, rather than demonstrating to the Islamists our strength and will in protecting our interests, has shown them our fundamental weakness as a nation. The dominant philosophy in America today is altruism, which has caused our leadership (along with the religiosity of Bush) to fight the war with at least one hand tied behind our back. Rather than stating firmly our right to defend ourselves, our leadership has made its official position that America's purpose is to fight and die for the likes of Iraqis and Afghans--who would just as likely stab us in the back as thank us.
This altruistic approach to the war has resulted in rules of engagement that place the safety of foreign civilians before the lives of American soldiers. And our appeasement of Iran and overt support of Saudi Arabia perpetuates the spread of the very ideas that prompted 9/11.
And so, it's with a disappointment that I can't fully express that I must honor the victims of 9/11 with silence rather than extolling the virtues of our response to the vicious and cowardly attacks of that day.
This is particularly true given the sorry state of affairs since then. Although no new terrorist attacks have succeeded on American soil, our enemy--Islamic fundamentalism--is stronger today than it was then. Thousands of American soldiers have died in Iraq for the same reason that 9/11 occured--our selfless appeasement of the true antagonists and our altruistic approach to the "war on terror."
Iran is stronger and bolder today than it was then, and has accelerated its proxy war against us by supporting the terrorists who kill our soldiers in Iraq. Syria continues to wreak havoc in the region, with its meddling in Lebanon and among the Palestinians. Saudia Arabia, our alleged ally, continues to export the very Islamic fundamentalism that has accounted for the worst acts of terrorism in the last century.
In short, our reaction to 9/11, rather than demonstrating to the Islamists our strength and will in protecting our interests, has shown them our fundamental weakness as a nation. The dominant philosophy in America today is altruism, which has caused our leadership (along with the religiosity of Bush) to fight the war with at least one hand tied behind our back. Rather than stating firmly our right to defend ourselves, our leadership has made its official position that America's purpose is to fight and die for the likes of Iraqis and Afghans--who would just as likely stab us in the back as thank us.
This altruistic approach to the war has resulted in rules of engagement that place the safety of foreign civilians before the lives of American soldiers. And our appeasement of Iran and overt support of Saudi Arabia perpetuates the spread of the very ideas that prompted 9/11.
And so, it's with a disappointment that I can't fully express that I must honor the victims of 9/11 with silence rather than extolling the virtues of our response to the vicious and cowardly attacks of that day.
Monday, September 10, 2007
China's Cyberwar - Not Just on the US
More, from Ars Technica, on Chinese cyberattacks around the world. It seems like this is looking more and more like the real deal.
Read the whole thing.
Read the whole thing.
A Little Bit More Craziness from Ahmadinejad
Just a little bit of craziness from Iranian President Imajihadi (or whatever his name is) via AFP:
President Mahmoud Ahmadinejad on Sunday lashed out at his Western foes which demand Iran halt its sensitive nuclear activities, saying they were "racing to hell".
"The Iranian people have climbed over difficult mountain passes on their path of progress. The enemies need to step aside from our path and give up their satanic ideas," he said, according to the semi-official Mehr news agency.
"One or two countries are refusing to accept that Iran is now mastering nuclear technology ... Some countries are racing towards hell. But this makes us sad and, for the good of their people, we will resist."
Um, okay.
President Mahmoud Ahmadinejad on Sunday lashed out at his Western foes which demand Iran halt its sensitive nuclear activities, saying they were "racing to hell".
"The Iranian people have climbed over difficult mountain passes on their path of progress. The enemies need to step aside from our path and give up their satanic ideas," he said, according to the semi-official Mehr news agency.
"One or two countries are refusing to accept that Iran is now mastering nuclear technology ... Some countries are racing towards hell. But this makes us sad and, for the good of their people, we will resist."
Um, okay.
Some More on Putin's Russia
Another good bit on Putin's Russia from La Russophobe, this time an overview of a story by Dr. Robert Horvath, a research fellow at Melbourne University's Contemporary Europe Research Centre and author of The Legacy of Soviet Dissent: Dissidents, Democratisation and Radical Nationalism in Russia.
Some key quotes:
IT WAS ironic that Paul Keating's exhortation for us to extend a warm welcome to Vladimir Putin was published in The Age on September 5, the anniversary of one of the most tragic events in Russian history.
It was on that day in 1918 that the Bolshevik regime issued its decree on the "Red Terror", which authorised the secret police, the Cheka, to conduct extrajudicial executions and to incarcerate "class enemies" in concentration camps. Many decades later, prisoners in the Gulag would mark that day with ceremonies in memory of the victims of the "Red Terror", which they understood to be the source of the violence that culminated in the mass slaughter of the 1930s.
And some more:
The primary reason for the Kremlin's sabre-rattling on the international stage is to be found not in the West, but in the peculiar brand of neo-totalitarianism that is emerging in Putin's Russia.
Today, the Russian state is dominated by "Chekists" and other representatives of the Soviet-era security apparatus, who have systematically destroyed the fragile structures of an emerging democracy. During the past seven years, they have stifled the independent media, emasculated parliament, intimidated lawyers and imposed rigid controls on civil society.
If the murders of some of Putin's most outspoken critics remain unsolved, there is no doubt about the Kremlin's responsibility for the carnage in Chechnya. The razing of Grozny, a city of 400,000 before the first Russian invasion, is an atrocity that has no parallel in European history since the Nazis' destruction of Warsaw. In accordance with Putin's promise, in criminal slang, "to waste the terrorists in the shithouse", his security forces unleashed a campaign of "disappearances" on a scale that Human Rights Watch designated as a crime against humanity.
I've quoted quite a bit. Go read the whole thing for yourself.
Some key quotes:
IT WAS ironic that Paul Keating's exhortation for us to extend a warm welcome to Vladimir Putin was published in The Age on September 5, the anniversary of one of the most tragic events in Russian history.
It was on that day in 1918 that the Bolshevik regime issued its decree on the "Red Terror", which authorised the secret police, the Cheka, to conduct extrajudicial executions and to incarcerate "class enemies" in concentration camps. Many decades later, prisoners in the Gulag would mark that day with ceremonies in memory of the victims of the "Red Terror", which they understood to be the source of the violence that culminated in the mass slaughter of the 1930s.
And some more:
The primary reason for the Kremlin's sabre-rattling on the international stage is to be found not in the West, but in the peculiar brand of neo-totalitarianism that is emerging in Putin's Russia.
Today, the Russian state is dominated by "Chekists" and other representatives of the Soviet-era security apparatus, who have systematically destroyed the fragile structures of an emerging democracy. During the past seven years, they have stifled the independent media, emasculated parliament, intimidated lawyers and imposed rigid controls on civil society.
If the murders of some of Putin's most outspoken critics remain unsolved, there is no doubt about the Kremlin's responsibility for the carnage in Chechnya. The razing of Grozny, a city of 400,000 before the first Russian invasion, is an atrocity that has no parallel in European history since the Nazis' destruction of Warsaw. In accordance with Putin's promise, in criminal slang, "to waste the terrorists in the shithouse", his security forces unleashed a campaign of "disappearances" on a scale that Human Rights Watch designated as a crime against humanity.
I've quoted quite a bit. Go read the whole thing for yourself.
Atlas Shrugged to be Made into Movie? Don't Hold Your Breathe
I'll believe an Atlas Shrugged movie will be made when I see it. And I hold out no hope that it will be anything but atrocious. However, if it helps expose the culture to even a few of Ayn Rand's ideas without misrepresenting any, it would probably be a net gain.
Australia's Sale of Uranium to Russia: Big Mistake
I have to agree with this blog post: Australia's making a big mistake in selling uranium to Russia, a country that has its own significant reserves. I'm not sure what compelled Australia to do so, with the significant risk that some of this uranium could show up in Iranian labs.
The source of the story linked in the post is Al Jazeera, but that doesn't change the reality of Australia's mistake. Also, in reading the story, I see that I'm in agreement with Greenpeace Australia.
Yuck.
The source of the story linked in the post is Al Jazeera, but that doesn't change the reality of Australia's mistake. Also, in reading the story, I see that I'm in agreement with Greenpeace Australia.
Yuck.
Digg Report
Digg Report: Today's #1 Digg, at 4613 Diggs, is a link to some admittedly impressive pictures of large holes (mostly mines). So, Digg scores some points for the coolness factor, but again, it's all of no real importance.
UN Human Rights Commissioner Attends Anti-US/Anti-Israeli Conference
It never fails to amaze me how inherently corrupt is the United Nations. One would think that the organization would have lost all legitimacy with the "Oil for Food" scandal, but that story was relatively buried in the mainstream press. Now, via Gateway Punding, we have news on the UN Commissioner for Human Rights attending a meeting of the "Non-Aligned Movement," headed by Cuba.
Some of this oganizations past work include the following:
This is the same group that agreed to bash just one country in their declaration of human rights, Israel, by:
"Expressing deep concern on the cultural uprooting which is continuously unfolding in the Palestinian occupied territory and the occupied Syrian Golan on the basis of such doctrines by the occupying power.
"Oh, and the group also denounced:
"The attempts to identify any culture with terrorism, violence and human rights violations."
You wouldn't want to do that!
Someday, maybe we'll get some sense and pull the US from the UN altogether. We have NATO, which is all we need.
Some of this oganizations past work include the following:
This is the same group that agreed to bash just one country in their declaration of human rights, Israel, by:
"Expressing deep concern on the cultural uprooting which is continuously unfolding in the Palestinian occupied territory and the occupied Syrian Golan on the basis of such doctrines by the occupying power.
"Oh, and the group also denounced:
"The attempts to identify any culture with terrorism, violence and human rights violations."
You wouldn't want to do that!
Someday, maybe we'll get some sense and pull the US from the UN altogether. We have NATO, which is all we need.
Sunday, September 09, 2007
Saturday, September 08, 2007
China Plans Cyberwarfare Against US
As I mentioned in an earlier post, our various military systems could be vulnerable to attack, and that would spell disaster against a serious foe. A recent Pentagon report outlines how China is preparing for cyberwarfare against the United States.
Some quotes:
Chinese military hackers have prepared a detailed plan to disable America’s aircraft battle carrier fleet with a devastating cyber attack, according to a Pentagon report obtained by The Times.
The blueprint for such an assault, drawn up by two hackers working for the People’s Liberation Army (PLA), is part of an aggressive push by Beijing to achieve “electronic dominance” over each of its global rivals by 2050, particularly the US, Britain, Russia and South Korea.
Yes, that's what it says: a "detailed plan to disable America's aircraft battle carrier fleet." Again, that would be devastating if successful. Given our recent reliance on networked system for command and control, particularly in the Navy, any successful effort to interfere with those systems could significantly reduce the effectiveness of such a fleet.
Even more unnerving:
Larry M. Wortzel, the author of the US Army War College report, said: “The thing that should give us pause is that in many Chinese military manuals they identify the US as the country they are most likely to go to war with. They are moving very rapidly to master this new form of warfare.” The two PLA hackers produced a “virtual guidebook for electronic warfare and jamming” after studying dozens of US and Nato manuals on military tactics, according to the document.
Read the entire story. It's a bit frightening. Of course, I don't doubt for a moment that the NSA has similar programs underway, but no country's military is as reliant upon networked systems as is the US's. If we don't fix vulnerabilities, it could be our downfall.
Some quotes:
Chinese military hackers have prepared a detailed plan to disable America’s aircraft battle carrier fleet with a devastating cyber attack, according to a Pentagon report obtained by The Times.
The blueprint for such an assault, drawn up by two hackers working for the People’s Liberation Army (PLA), is part of an aggressive push by Beijing to achieve “electronic dominance” over each of its global rivals by 2050, particularly the US, Britain, Russia and South Korea.
Yes, that's what it says: a "detailed plan to disable America's aircraft battle carrier fleet." Again, that would be devastating if successful. Given our recent reliance on networked system for command and control, particularly in the Navy, any successful effort to interfere with those systems could significantly reduce the effectiveness of such a fleet.
Even more unnerving:
Larry M. Wortzel, the author of the US Army War College report, said: “The thing that should give us pause is that in many Chinese military manuals they identify the US as the country they are most likely to go to war with. They are moving very rapidly to master this new form of warfare.” The two PLA hackers produced a “virtual guidebook for electronic warfare and jamming” after studying dozens of US and Nato manuals on military tactics, according to the document.
Read the entire story. It's a bit frightening. Of course, I don't doubt for a moment that the NSA has similar programs underway, but no country's military is as reliant upon networked systems as is the US's. If we don't fix vulnerabilities, it could be our downfall.
Ahmadinejad Wants Iran To Create World Government
More from Iranian President Imajihadi (or whatever his name is), this time on his political aspirations:
"They know quite well that the Islamic Revolution wants to prepare the ground for materialization of the promised `big event' (reappearance of the Imam of Age); that's why they try to take precedence in campaign against us. We are against rule of the non-righteous individuals. Clashes today are only a pretext and they confront us because the revolutionary Iran aims a global government and a genuine Islamic culture so as to gain a loftier position worldwide..."
Thanks for stating things so clearly, Mr. Imajihadi.
"They know quite well that the Islamic Revolution wants to prepare the ground for materialization of the promised `big event' (reappearance of the Imam of Age); that's why they try to take precedence in campaign against us. We are against rule of the non-righteous individuals. Clashes today are only a pretext and they confront us because the revolutionary Iran aims a global government and a genuine Islamic culture so as to gain a loftier position worldwide..."
Thanks for stating things so clearly, Mr. Imajihadi.
Ahmadinejad Calls for Interest-Free Banking
Iranian President Imajihadi (or whatever his name is) keeps astounding with his wackiness. This time, he's calling for reforming the Iranian banking system to the Islamic principle of interest-free banking. I hope he succeeds; that alone could bring his country to the point of begging the West to remove him from power.
I mean, it's funny, actually:
“No economic activity is possible without assistance from banks,” he said and “any problem in the banking system will have a negative impact on all economic sectors and the people's lifestyle."
However, if the banking system adopts a proper monetary policy, all other sectors of the economy will grow, he observed.
I could go into the function of interest in an economy, but I won't. Hopefully everyone who reads this will understand the utter insanity of his plan.
I mean, it's funny, actually:
“No economic activity is possible without assistance from banks,” he said and “any problem in the banking system will have a negative impact on all economic sectors and the people's lifestyle."
However, if the banking system adopts a proper monetary policy, all other sectors of the economy will grow, he observed.
I could go into the function of interest in an economy, but I won't. Hopefully everyone who reads this will understand the utter insanity of his plan.
Digg Report
Digg Report: Today's #1 Digg, at a light 2870 Diggs, is a link to a picture of a little girl holding sign of all the things she's "learned from Bush."
It's been awhile since Digg showed its Leftist side, and this ranks right up there with the best of its many Leftist stories.
It's been awhile since Digg showed its Leftist side, and this ranks right up there with the best of its many Leftist stories.
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