Arkib: December 2008
Oleh ABDUL RAHMAN MAHMUD
Sepanjang tahun 2008, dunia telah dikejutkan dengan pelbagai krisis
yang datang bertali arus. Negara kita turut sama menerima badai krisis
globalisasi yang agak memeritkan. Apa yang diungkapkan sebagai 'dunia
tanpa sempadan' sememangnya menyediakan cabaran hebat buat negara dan
rakyat.
Pelbagai krisis global yang melanda pada tahun 2008 seharusnya
dijadikan iktibar dan pengajaran dalam meniti hari di tahun-tahun yang
mendatang. Tahun 2008 boleh dianggap sebagai tahun penuh krisis
sehingga memaksa manusia di serata dunia untuk peka terhadap
persekitaran dan bersedia untuk beradaptasi dengan suasana yang tidak
menentu.
Sekurang-kurangnya terdapat empat krisis global yang melanda dunia
pada tahun 2008. Iaitu krisis bencana alam, krisis makanan, krisis
kenaikan harga minyak dan krisis ekonomi global.
Krisis bencana alam besar pada tahun ini bermula dengan Taufan
Nargis yang melanda Myanmar. Tragedi ini telah mengakibatkan 85,000
kematian dan 35,000 orang hilang di Myanmar. Bencana tersebut turut
menjejaskan sektor pertanian khususnya tanaman padi yang merupakan nadi
penggerak utama ekonomi Myanmar.
Ia juga telah memberi implikasi terhadap bekalan beras di
negara-negara sekitarnya. Pada 12 Mei 2008 pula di wilayah Sichuan,
China berlaku gempa bumi yang dahsyat sehingga mengorbankan 69,227
nyawa.
Wilayah Sichuan hampir lenyap dari peta dunia setelah hampir seluruh
infrastruktur termasuk sekolah dan bangunan kediaman runtuh digegar
bumi. Lazimnya setelah berlakunya bencana ia memerlukan kos yang tinggi
untuk melaksanakan program pemulihan dan pembangunan semula.
Krisis kenaikan harga makanan di pasaran global, turut berlaku pada
awal tahun 2008. Kenaikan harga bijirin seperti gandum, beras dan
jagung berlaku di kebanyakan negara. Keadaan ini telah mencetuskan
keadaan huru-hara di beberapa buah negara. Antara negara yang paling
teruk dilanda krisis makanan ialah Brazil, Mexico, Filipina dan
Indonesia sehingga mencetuskan demonstrasi jalanan dan mogok lapar.
Ada beberapa faktor yang dikaitkan dengan krisis makanan. Pertama;
kekurangan pengeluaran disebabkan oleh faktor perubahan iklim sehingga
menyebabkan kemarau, banjir besar dan taufan memberi kesan terhadap
hasil pengeluaran pertanian.
Kedua; kenaikan harga minyak menyebabkan inflasi terhadap harga
makanan. Ketiga; pengeluaran bahan api bio yang mengunakan hasil
pertanian (jagung) memberi kesan terhadap keluaran makanan.
Negara kita juga mengalami masalah kekurangan bekalan beras di
pasaran tempatan. Ini memaksa kerajaan mengadakan beberapa polisi dan
tindakan bagi mengawal kenaikan harga beras. Langkah yang diambil
kerajaan dapat mengawal keadaan dengan baik.
Selain itu kerajaan juga berusaha mengukuhkan sektor industri padi
dengan mengenal pasti kawasan luas di Sabah dan Sarawak untuk dimajukan
sebagai projek penanaman padi negara.
Dunia di tahun 2008 terus dikejutkan dengan kenaikan harga minyak
mentah di pasaran global secara mendadak sehingga mendorong kenaikan
inflasi yang tinggi. Keadaan ini telah memaksa rakyat untuk mengubah
amalan terhadap penggunaan bahan api. Pelbagai saranan dicadangkan
semata-mata untuk menggantikan bahan api fosil dengan menggunakan
tenaga boleh diperbaharui.
Perdana Menteri turut memberikan saranan yang sama untuk negara
membangunkan tenaga boleh diperbaharui (Renewable Energy Technology -
RET) semasa majlis penyampaian Anugerah Bandar Lestari 2006/2007 dan
Anugerah Langkawi pada 5 Jun 2008. Cadangan ini wajar dilaksanakan
untuk membina wajah baru sumber tenaga negara.
Di penghujung tahun 2008, harga minyak di pasaran dunia turun dengan
mendadaknya. Ini disertai dengan krisis ekonomi global yang semakin
memuncak. Harga minyak mentah turun ke paras AS$40 setong, terendah
dalam tempoh empat tahun. Pada 6 dan 7 Oktober 2008, pasaran saham
dunia mengalami kerugian yang dianggarkan sebanyak 23.1 trilion dolar.
Meningkat
Kemuraman ekonomi dunia dijangka akan berterusan sehingga tahun
hadapan. Ini diikuti dengan kadar pengangguran dijangka meningkat
disebabkan pemberhentian kerja di beberapa buah syarikat perindustrian
yang terpaksa gulung tikar disebabkan menanggung kerugian yang amat
tinggi.
Dalam konteks negara kita harga minyak sawit mentah dan harga getah
turut menerima nasib yang sama. Hakikatnya, golongan pekebun kecil
sawit dan getah adalah mereka yang menerima impaknya.
Setiap kali krisis berlaku pelbagai cadangan diberikan untuk
mengatasinya. Tidak kurang juga pelan tindakan dibuat bagi menangani
masalah yang berlaku. Namun cadangan tidak sepatutnya tinggal begitu
sahaja tanpa ada kesungguhan mendalam untuk melaksanakannya. Dalam
konteks rakyat Malaysia, kita seharusnya mengambil iktibar apa yang
telah berlaku dan bersedia untuk menghadapi saat-saat krisis yang bakal
menimpa di masa hadapan.
Penghujung dan awal tahun (Masihi dan Hijrah) adalah masa yang
terbaik untuk kita bermuhasabah dan merancang persiapan yang lebih
kukuh pada masa hadapan. Fokus 2009, perlu diberikan perhatian mengikut
keutamaan yang jelas.
Bagi individu dan keluarga perancangan kerjaya dan kewangan
seharusnya diberi fokus yang utama. Perbelanjaan seharusnya dirancang
secara berhemah pada setiap keadaan sama ada senang atau susah. Yang
paling penting jangan membazir wang dan masa untuk sesuatu yang tidak
berfaedah.
Di kala bencana menimpa, tiada siapa yang dapat membantu kita
seratus peratus. Seandainya kita mempunyai simpanan kewangan, ia dapat
meringankan bebanan kita.
Bagi organisasi swasta dan NGO, saat ini adalah saat yang terbaik
untuk merancang aktiviti dengan mengambil kira faktor semasa yang serba
tidak menentu. Fokus dan matlamat organisasi seharusnya jelas dan
mantap serta dikongsi bersama dengan setiap ahli.
Kesuraman ekonomi yang diramal berlaku pada tahun 2009, seharusnya
dijadikan pertimbangan. Program kebajikan, sosial dan masyarakat
seharusnya tidak terhenti di saat kita menghadapi krisis ekonomi.
Jadi kesimpulan terpenting, setiap ahli dalam masyarakat seharusnya
sedar dan faham tentang krisis global yang melanda dunia hari ini. Ini
kerana semua yang berlaku di luar sana mungkin juga akan berlaku di
dalam negara kita.
Proses kesedaran hanya akan mampu dibina melalui peningkatan budaya
ilmu dalam masyarakat melalui pembacaan. Masyarakat akan mampu
beradaptasi dengan suasana yang mencabar andainya sedar akan krisis
yang berlaku di sekitar mereka.
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Susunan AZMAN ANUAR
Menteri Pertahanan Israel Ehud Barak, berikrar bahawa Pasukan
Pertahanan Israel (IDF) akan menggunakan setiap sumber tenaga untuk
mengakhiri serangan roket dari wilayah yang dikuasai Hamas di Genting
Gaza.
Bahkan di Knesset (Parlimen Israel), Barak mengatakan jika perlu operasi di Gaza itu akan diperluas.
"Jika serangan roket... yang ditujukan kepada rakyat awam Israel tak
dihentikan segera, Israel akan menggunakan semua sumbernya dan semua
alat senjata yang dimilikinya digunakan untuk memaksa musuh
menghentikan tindakan tidak sah ini," kata Barak sebagaimana dipetik
harian tempatan, Ha'etz.
Menteri Pertahanan Israel itu menyampaikan tekadnya pada hari ketiga
serangan udara besar-besaran Israel terhadap rakyat Palestin di Genting
Gaza.
Masyarakat antarabangsa yang berdemonstrasi di seluruh negara jelas
mendesak para pemimpin dunia segera mengambil langkah-langkah untuk
menghentikan tindakan barbarian tentera Israel terhadap rakyat Palestin.
Jika para pemimpin dunia tidak mampu menghukum pihak-pihak Israel
yang berlaku biadab dan zalim terhadap rakyat awam di Genting Gaza,
sebaik-baiknya mereka jangan lagi bercakap tentang perlunya
penghormatan terhadap hak asasi manusia.
Dalam beberapa hari terakhir ini, tentera Israel terus melakukan
serangan ke Gaza dengan alasan utama membedil kedudukan pasukan pejuang
Hamas, salah satu kelompok penting Palestin.
Akibat serangan yang dilakukan sejak Sabtu lalu dengan menggunakan
pesawat pengebom F-16 dan kereta kebal, ratusan penduduk yang
sebahagian besar orang awam Palestin terbunuh dan cedera.
Apa pun alasannya, serangan Israel tidak boleh diampunkan. Ini adalah bukti yang nyata bahawa Israel adalah teroris yang brutal dan ganas.
Kebijakan Israel yang terus menerus bertindak ganas ke atas rakyat
Palestin merupakan salah satu penyebab berkembangnya terorisme
antarabangsa.
Dunia tidak harus berhenti hanya pada kecaman. Dunia harus memboikot
Israel agar segera menghentikan penjajahan terhadap Palestin.
Sudah terlalu lama kekejaman dan brutalisme Israel tidak diambil
tindakan tegas oleh Pertubuhan Bangsa-bangsa bersatu (PBB). Jadi tidak
hairan kenapa Pergerakan Hamas yang menguasai Genting Gaza, kecewa
terhadap masyarakat antarabangsa yang tidak mampu menghentikan serangan
brutal tentera Israel.
"Israel sedang melakukan holocaust di mana seluruh dunia
sedang menyaksikannya tetapi tidak menghentikan tindakan itu," kata
jurucakap Hamas, Fauzi Barhum yang dipetik AFP di Kota Gaza kelmarin.
Holocaust merujuk pada pembunuhan oleh tentera Nazi Jerman pimpinan
Adolf Hitler terhadap warga Yahudi dalam Perang Dunia Kedua. Pembunuhan
itu meragut nyawa enam juta orang berketurunan Yahudi.
Sumber-sumber dari pasukan perubatan Palestin menyebut, operasi
tentera rejim Zionis itu sudah mengorbankan kira-kira 320 orang dan
mencederakan 1,400 lainnya.
Dunia memang mengecam dan meminta Israel segera menghentikan operasi
ketenteraan di wilayah Gaza yang berpenduduk sekitar 1.5 juta orang
itu.
Kini, persoalan pokok ialah bagaimana untuk mencipta kembali
gencatan senjata di antara Hamas dan Israel. Mesir selama ini telah
menaja gagasan itu dan berhasil selama enam bulan terakhir. Pintu
rundingan damai mungkin tertutup untuk tempoh tertentu akibat
perkembangan di Asia Barat ini.
Setiausaha Agung PBB Ban Ki-moon juga mengeluarkan kutukan. Namun,
Majlis Keselamatan hanya mengeluarkan pernyataan tidak tegas yang
menuntut Israel segera menghentikan operasi militer dan semua pihak
mengakhiri kegiatan ketenteraan. Seperti biasa, Israel tidak peduli
terhadap suara dunia. Menteri Pertahanan Ehud Barak mengumumkan perang
habis-habisan terhadap Hamas. Ia menetapkan perbatasan dengan Gaza
sebagai zon tentera tertutup.
"Kami tidak menyerang orang awam Gaza, tapi kami sedang berperang habis-habisan melawan Hamas dan anggotanya," kata Barak.
Cabaran Barak nampaknya disambut oleh Hamas. Selepas tiga hari Gaza,
dibedil dengan bom oleh pasukan kereta kebal dan jet-jet tempur Israel,
sebanyak 5,000 anggota pasukan elit Hamas dikumpulkan dari
tempat-tempat persembunyian untuk melawan dan membalas balik serangan
Israel.
Pemimpin Hamas, Ismail Haniye memerintahkan serangan balik ke atas
wilayah yang diduduki Israel. "Jika perlu dengan serangan bunuh diri
terhadap pasukan dan semua kepentingan Israel serta sekutunya di
seluruh dunia," tegas Ismail.
Beberapa pejuang daripada pasukan elit Hamas sudah melakukan
pembalasan dengan menyerang beberapa bandar di Israel. Pejuang-pejuang
Palestin itu telah melepaskan 20 roket ke wilayah Israel sepanjang
Isnin lalu. Dua di antaranya meledak kawasan Ashdod, sebuah kota
pelabuhan yang hanya 25 km dari Tel Aviv.
Jangkauan terbaru roket Hamas itu boleh membuatkan Israel kecut
perut kerana kemampuannya dua kali ganda daripada sasaran roket Hamas
pada Ahad lalu yang jatuh di Ashkelon dan membunuh seorang rakyat
Israel. Roket jenis Katyushas yang dilancar pejuang Palestin itu
mengorbankan seorang tentera Israel di Ashdod. Dengan demikian, sudah
dua warga Israel terbunuh sejak mereka mengadakan serangan udara di
seluruh Gaza sejak 27 Disember lalu.
Untuk rekod, sepanjang 2008 sudah enam rakyat Israel terbunuh akibat
serangan roket-roket Hamas. Bagaimanapun jumlah ini sangat tidak ketara
jika dibandingkan dengan jumlah penduduk Gaza yang terkorban akibat
serangan bom Israel yang jumlahnya sudah melebihi 320 nyawa.
Masih kuatnya penentangan Hamas itu membuatkan Israel semakin geram.
Pada serangan gelombang ketiga Isnin lalu, giliran kampus terbesar,
Universiti Islam Gaza menjadi sasaran. Hanya kerana banyak pemimpin
Hamas merupakan bekas penuntut universiti itu, jet-jet tempur Israel
mengebom habis-habisan gedung lima tingkat Universiti Islam itu. Makmal
kampus yang didakwa Israel sebagai sumber dukungan bagi kelompok
militan Hamas itu hancur lebur.
Selain itu, beberapa pusat kekuatan Hamas lainnya menjadi sasaran
serangan udara yang berlangsung sebelum matahari terbit. Rumah Perdana
Menteri Ismail Haniye, Pejabat Menteri Dalam Negeri dan
terowong-terowong yang digunakan oleh rakyat Palestin untuk membawa
barang keperluan dari Mesir juga dimusnahkan oleh bom-bom pesawat F-16
Israel.
Kerakusan serangan dari udara juga diikuti pergerakan barisan
kenderaan berat tentera Israel di sempadan Gaza. Jumlah pasukan di
wilayah perbatasan itu ditambah dua kali ganda. Para ahli ketenteraan
meramalkan Israel menunggu jumlah anggota pasukan mencapai 10,000 orang
sebelum penaklukan darat dilancarkan.
Apa yang dibimbangkan, serangan darat itu akan memakan korban lebih banyak dan semakin sulit untuk dihentikan.
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KEMUNCULAN bulan Muharam pada tahun ini bermakna umat Islam telah
memasuki tahun baru Hijrah 1430. Sejarah mencatatkan bahawa peristiwa
hijrah ini amat besar ertinya bagi perjuangan Rasulullah khususnya, dan
umumnya kepada seluruh umat Islam. Peristiwa ini juga bertujuan merubah
strategi perjuangan Nabi SAW. dalam menegakkan syiar Islam.
Di bawah panji-panji Islam kaum Muhajirin dan Ansar membangun
persaudaraan sejati, membangun masyarakat Madani di bawah pimpinan
Rasulullah
Hijrah merupakan perintah ilahiah. Dan tahun Islam mengingatkan
kaum Muslim bahawa pada setiap tahun bukan sahaja terhadap kemenangan,
tetapi banyaknya pengorbanan yang telah dilakukan dan bersedia untuk
melakukan pengorbanan yang sama seperti yang dilakukan oleh kaum
Muhajirin dan Ansar itu. Iman, hijrah dan jihad adalah trilogi
perjalanan hidup Rasulullah dan para sahabat.
Trilogi tersebut diabadikan dalam al- Quran pada surah al-Baqarah
ayat 218: Sesungguhnya orang-orang yang beriman, orang-orang yang
berhijrah dan berjihad di jalan Allah, mereka itu mengharapkan rahmat
Allah, dan Allah Maha Pengampun lagi Maha Penyayang
Dalam meneruskan perjuangan Islam ini, tiada bekalan yang paling
utama selain daripada akidah itu sendiri. Hijrah sebenarnya
menggambarkan perjuangan untuk menyelamatkan akidah. Kita hijrah
maknawi daripada perbuatan syirik kepada tauhid, dari kufur kepada
iman, dari melakukan maksiat kepada taat, dari riak kepada ikhlas, dari
takbur kepada tawaduk, dari malas kepada rajin dari khianat kepada
amanah, dari dusta kepada jujur, dari perpecahan dan permusuhan kepada
perpaduan dan berkasih sayang.
Perjuangan menegakkan akidah umat Islam di negara ini harus
dihadapi dengan perjuangan dan keyakinan bahawa Allah swt sentiasa
bersama dengan kita. Ini bukan bererti Allah bertempat, berjihad
(berpihak) sebagaimana fahaman kumpulan bidaah. Al-Quran sendiri
menjelaskan bahawa ketika saat hijrah Rasulullah ia adalah satu
kemenangan walaupun ketika itu pada pandangan kita kemenangan itu belum
dicapai.
Kalau kamu tidak menolong (Nabi Muhammad) maka sesungguhnya Allah
telah pun menolongnya, iaitu ketika kaum kafir (di Mekah)
mengeluarkannya (dari negerinya Mekah) sedang ia salah seorang daripada
dua (sahabat) semasa mereka berlindung di dalam gua, ketika ia berkata
kepada sahabatnya. Janganlah engkau berdukacita, sesungguhnya Allah
bersama kita.
Maka Allah menurunkan semangat tenang tenteram kepada (Nabi
Muhammad) dan menguatkan dengan bantuan tentera (malaikat) yang kamu
tidak melihatnya. Dan Allah menjadikan seruan (syirik) orang-orang
kafir terkebawah (kalah dengan sehina-hinanya) dan kalimah Allah
(Islam) ialah yang tertinggi (selama-lamanya), kerana Allah Maha Kuasa,
lagi Maha Bijaksana. (Surah al- Taubah ayat 40).
Keteguhan akidah atau agama seseorang itu diukur ketika ditimpa
musibah bukan saat kemenangan atau kejayaan. Semua akan memeluk satu
akidah apabila melihat kejayaan, namun belum tentu demikian apabila
mengalami penderitaan.
Akidah atau tauhid adalah sesuatu yang paling berharga kepada umat
Islam. Para Nabi saw. diutus untuk membawa manusia kepada akidah yang
sebenar iaitu tauhid mutlak.(kesaan Alah). ketuhanan yang esa dan satu
inilah Tuhan yang perlu disembah, Yang terkaya dan tidak berhajat
kepada suatu kerana suatu yang lain itu semuanya berhajat dan
memerlukan-Nya.
Pastinya benih tanaman akidah yang suci dan bersih ini dapat
melahirkan bunga-bunga perpaduan dan kasih sayang, keikhlasan dan
ketakwaan serta pengorbanan.
Dalam Islam, akidah yang berunsur ketakwaan inilah yang akan
melahirkan amalan yang benar-benar ikhlas, di mana amalan-amalan
seseorang tidak akan diterima Allah kecuali amalan-amalan yang
dilakukan oleh orang yang tidak menyekutukan atau menyerupakan Tuhannya
dengan sesuatu yang lain. Dalam hal ini Allah berfirman yang bermaksud:
Tidak ada seumpama-Nya suatu pun. (As-Shuraa ayat 11).
Dari segi realiti pula, apa yang berlaku di negara kita terdapat
gerakan-gerakan politik dan ideologi tertentu yang telah mengutamakan
kepentingan politik dan peribadi daripada agama Islam itu sendiri
sehingga lahir fatwa-fatwa karut yang boleh memesongkan amalan mereka
atas alasan tuntutan sunah, agama dan sebagainya.
Akibatnya, kita dapat melihat begitu banyak sekali penyelewengan
fikiran dan fahaman baik besar dan kecil tanpa disedari oleh pengikut
awam. Semua ini berpunca daripada amalan mentaati semua fatwa yang
dikeluarkan oleh pemimpin tertentu dan setengahnya adalah daripada
kalangan pemimpin tertinggi agama yang mempunyai kepentingan diri dan
politik.
Adalah tidak wajar kepada mana-mana golongan, misalnya mencampuri
urusan Allah berhubung dengan perkara- perkara yang hanya diketahui
oleh Allah seperti iman dan kufur, syurga dan neraka atau masa depan
seseorang itu masuk syurga atau neraka, kerana ia juga dikategorikan
sebagai penyelewengan akidah dalam mencapai sesuatu tujuan. Dalam Islam
memfatwa dengan menafikan akidah sesama Islam secara rambang dan mudah
adalah terkeluar daripada sunah Rasulullah.
Islam amat ketat untuk menentukan seseorang itu terkeluar daripada
akidah atau murtad, kecuali setelah dia terang- terangan menunjukkan
pengkhianatannya terhadap akidah Islam. Itu pun setelah dinilai dengan
saksama oleh orang yang ahli dalam bidang tersebut.
Demikian juga tuduhan zalim dan terkeluar akidah kerana menolak
hukum hudud. Kerajaan sebenarnya tidak pernah menolak hukum hudud.
Kita menyokong niat baik pihak mana sekalipun untuk melaksanakan
hukum hudud tetapi ia perlu mengambil kira hal- hal lain yang menuju ke
arah keislaman, tidak hanya menggunakan undang-undang yang dikatakan
Islam sahaja.
Keadilan
Untuk mencapai keadilan yang di harapkan bukanlah sesuatu yang
mudah kerana ia perlu kepada pelaksanaan yang betul. Prosedur,
keterangan-keterangan serta penyiasatan semuanya mesti betul dan tidak
mengandungi sebarang syubhat. Justeru inilah pemerintah melihat dalam
kontek yang lebih jauh dan berhati-hati untuk melaksanakan hukum
sepenuhnya termasuk hudud dan sebagainya kerana melihatkan banyak
percubaan pemerintah Islam lain di negara luar sebelum ini semuanya
menempuh kegagalan dan menghinakan lagi hukum Allah itu sendiri, bukan
kerana menolak hukum tersebut, tetapi untuk mempastikan ia berada dalam
satu keadaan yang semua akan menolong mencapai keadilan dan kemegahan
Islam itu sendiri.
Inilah sebabnya ulama telah mengariskan suatu kaedah yang jelas
sebagai dasar ikutan sesiapa yang berhasrat melaksanakan hukum
tersebut, untuk mengelak dari berlaku kezaliman dalam suatu perundangan
yang dilaksanakan. Kata mereka: Hukuman hudud akan digugurkan jika
terdapat sebarang syubhat ini berpandukan hadis Rasulullah saw. yang
mengarahkan supaya pemerintah jangan melaksanakan hukum hudud kiranya
masih terdapat sebarang subhat atau kesamaran.
Tetapi berlainan dengan hukum takzir yang diserahkan kepada pilihan
dan budi bicara pemerintah itu sendiri, sekalipun tindakan hukum takzir
itu menyebabkan pembunuhan dan sebagainya. Kerana ia telah diberikan
kepada kuasa pemerintah itu sepenuhnya.
Ia harus dilaksanakan dan tidak perlu digugurkan dengan syubhat
seperti hudud tadi. Ini kerana hudud adalah merupakan hukum yang telah
ditentu dan ditetap Allah tetapi cara dan masa pelaksanaannya terpulang
kepada budi bicara pemerintah.
Jadi hendaklah dipastikan perbezaan antara siapa yang menolak hudud,
dan siapa yang menangguhkannya kerana sebab tertentu yang dibenarkan
agama.
Tegasnya undang-undang yang didasarkan kepada kepentingan atau
maslahah yang kebelakangan, tetapi bercanggah dengan kepentingan dan
maslahah yang lebih utama bukanlah undang-undang yang Islamik kerana
tidak dapat mencapai matlamat yang dikehendaki oleh syariat Islam.
Demikian juga pusat pemulihan akidah yang dikawal selia oleh
Jabatan Kemajuan Islam Malaysia (Jakim) perlu memainkan peranan yang
lebih aktif khususnya dalam memulihkan akidah orang yang telah murtad
atau mereka yang terpengaruh dengan ajaran sesat. Ini bertujuan bagi
memastikan mereka benar-benar bertaubat dan kembali ke jalan benar dan
diredai Allah.
Sempena tahun baru Hijrah 1430 ini, kita harus berusaha melawan
hawa nafsu yang cenderung mengajak manusia ke arah melakukan
perkara-perkara kejahatan dan penyeleweng daripada lunas-lunas syariat.
Hijrah daripada sifat jahil kepada sifat kecerdikan dan kepandaian dari
sikap jumud tertutup kepada sikap bertoleransi dan berlapang dada. Ini
semua merupakan maksud dan tuntutan hijrah dalam Islam.
Penulis ialah Pengurus Penyelidikan Yayasan Dakwah Islamiah Malaysia (YADIM)
[Baca]
DI Britain, 25 Disember adalah hari Krismas sementara 26 Disember
juga hari cuti yang mana kebanyakan pasar raya-pasar raya membuat
jualan murah yang dianggap luar biasa. Seperti mana manusia sedunia
tahu, apabila Krismas menjelang, wajah Santa Claus yang berbaju merah
dan berambut putih panjang muncul di mana- mana.
Filem dan berbagai rancangan media akan mempromosikan Santa Claus
dan kehadirannya pada hari Krismas. Walaupun sebahagian rancangan TV di
sini mempersendakan Santa Claus. Bahkan mereka juga sering
mempersendakan Jesus yang mereka anggap sebagai anak Tuhan dengan
berbagai lawak jenaka yang amat tidak wajar untuk dikenakan kepada
tokoh biasa, apatah lagi yang insan yang mereka anggap tuhan.
Namun, bagitulah jadinya nilai agama pada mereka. Santa Claus
sebenarnya satu watak yang tidak pernah wujud dalam nas-nas agama
Kristian sama ada yang telah diubah, apatah lagi yang asal. Bible sama
sekali tidak pernah menyebut tentang kemunculan ‘watak Santa Claus’.
Ia hakikatnya adalah benar-benar khurafat dan bidaah yang telah
palitkan kepada agama mereka sehingga ia akhirnya muncul menjadi
perlambangan agama yang diterima umum dan sukar untuk dikikis lagi. Ia
lebih teruk dari kepercayaan sesetengah masyarakat kita yang menyalakan
lampu pada malam tujuh likur atau kepercayaan bahawa pada bulan Muharam
digalakkan membuat bubur bagi mencontohi Nabi Noh a.s. Cerita Santa
Claus lebih menonjol daripada faktor sebenar orang-orang Kristian
menyambut Krismas.
Maka tidak hairanlah pada kita mengapakah Nabi SAW sering
mengingatkan agar jangan mengada-adakan perkara yang baru atau bidaah
yang dipalitkan menjadi agama. Tempelan baru yang dibuat atas nama
agama jika dibiarkan akan menjadi kepercayaan yang akan mengambil
tempat agama yang sebenar. Sabda Nabi SAW: Sesungguhnya sebaik-baik
bicara adalah Kitab Allah, sebaik-baik petunjuk adalah petunjuk
Muhammad, seburuk-buruk perkara adalah yang diada-adakan dan setiap
bidaah itu sesat (Riwayat Muslim).
Al-Imam al-Syatibi (meninggal 911H) ketika mentakrifkan maksud
bidaah menyebut: Jalan yang direka di dalam agama, yang menyerupai
syariah, tujuan mengamalkannya untuk berlebihan dalam mengabdikan diri
kepada Allah SWT. (al-Syatibi, al-I’tisam, m.s 27, Beirut: Dar al-Kitab
al-‘Arabi).
Ertinya manusia boleh berinovasi dalam berbagai perkara, tetapi
cara cuba mengadakan kepercayaan atau upacara agama yang tidak
bersumberkan wahyu sehingga itu dianggap agama. Kata Dr Yusuf
al-Qaradawi: “Sesungguhnya ruang melakukan rekaan dan membuat perkara
baru bukannya dalam agama. Agama hanya berdasar apa yang diturunkan
Allah.
Penyelewengan
Wajib kekal terpelihara lagi bersih dari mainan golongan yang
sia-sia, penyelewengan golongan melampau, dakwaan golongan sesat dan
tafsiran golongan yang jahil. Adapun ruang untuk melakukan rekaan
sebenar adalah dalam urusan dunia.
Ia sangat luas dan banyak. Memerlukan keupayaan seni dan rekaan.
Namun apabila kaum muslimin mundur, keadaan mereka buruk, urusan mereka
rosak, pecah masyarakat mereka maka perkara tetap bagi mereka menjadi
terbalik dan keadaan menjadi sebaliknya. Dalam urusan dunia mereka
terhenti menjadi begitu jumud seperti batu atau lebih jumud dari itu.
Mereka tidak memulakan rekaan, mengadakan dan menyingkap perkara baru.
Slogan mereka: Golongan awal tidak meninggalkan untuk yang kemudian
sedikit pun. Adapun dalam agama mereka mengadakan rekaan, membuat
bidaah dalam berbagai bentuk ibadah yang tidak diizinkan Allah” (al-
Qaradawi, Al-‘Ibadah fi al-Islam, m.s 170, Beirut: Muassasah
al-Risalah).
Istimewanya Islam dibandingkan ajaran lain, dalam Islam kita masih
mempunyai sumber rujukan tertinggi iaitu al-Quran dan al-Sunnah untuk
mengukur sejauh manakah pendapat golongan agamawan ataupun tokoh itu
kukuh ataupun lemah.
Kita disuruh menghormati tokoh ilmuan, apatah lagi ilmuan Islam
atau yang kita bahasakan sebagai ulama. Namun penghormatan kita kepada
mereka tidaklah sama sekali bererti kita tidak boleh memberikan
pandangan yang berbeza atas asas-asas ilmu atau penghujahan yang
berteraskan fakta dan angka.
Umpamanya, ketokohan al-Imam al-Ghazali dihormati, namun kritikan
tetap diberikan oleh para ulama terhadapnya. Kritikan bukanlah
menunjukkan jasanya dilupakan. Antaranya, al-Hafiz al-Zahabi (meninggal
748H) yang menyebut: “Aku katakan: Al-Ghazali adalah imam yang besar,
namun bukanlah menjadi syarat seorang alim itu untuk dia tidak
melakukan kesilapan”. Lalu al-Imam al-Zahabi memberikan kritikan ilmiah
terhadap Kitab Ihya Ulumuddin karangan al-Imam al-Ghazali, katanya:
“Adapun kitab al-Ihya padanya ada sejumlah hadis yang batil. Sekiranya
tidak ada padanya adab, cara dan zuhud yang diambil dari ahli falsafah
dan golongan sufi yang menyeleweng, padanya ada kebaikan yang banyak.
Kita memohon daripada Allah ilmu yang bermanfaat. Tahukah anda apa itu
ilmu yang bermanfaat?
Ia apa yang dinyatakan al-Quran dan ditafsirkannya oleh Rasulullah
secara perkataan dan perbuatan”. (Al-Zahabi, Siyar ‘Alam al-Nubala
19/339, Beirut: Muassasah al-Risalah, Beirut) Begitu juga ilmuan tafsir
yang terkenal al-Imam Ibn Kathir (meninggal 774H) memberikan kritikan
ilmiah terhadap karangan al-Imam al-Ghazali dalam Al-Bidayah wa
Al-Nihayah: “Ketika berada di Damsyik dan Baitul Maqdis, al-Ghazali
mengarang kitabnya Ihya ‘Ulumuddin, ia sebuah kitab yang ganjil. Ia
mengandungi ilmu yang banyak berkaitan syarak, bercampur dengan
kehalusan tasawuf dan amalan hati. Namun padanya banyak hadis yang
gharib, munkar, dan palsu”. (Ibn Kathir, Al-Bidayah wa al-Nihayah,
12/186, Beirut: Dar al-Kutub al-Ilmiyyah).
Demikian ramai ilmuan lain dalam sejarah islam ini menerima
berbagai kritikan dan perkara itu bukanlah ganjil. Saya sebutkan contoh
ini bagi menggambarkan bahawa tidak pernah kemaksuman itu diberikan
dalam Islam kepada sesiapa pun selain Allah dan rasul-Nya. Inilah jalan
untuk menjamin agar ilmu sentiasa mengatasi tokoh atau institusi.
Dengan itu agama yang tulen akan terpelihara. Namun, dalam
mengkritik dijaga adab dan bersikap adil. Bukanlah seperti sesetengah
laman web kelompok agama atau politik agama yang mengharamkan orang
lain mengkritik pimpinan mereka dan menjadikan maki-hamun itu halal
bagi mereka dalam menghadapi golongan yang mereka tidak setujui.
DR. Mohd Asri ZainUl Abidin ialah
bekas mufti perlis dan sekarang pensyarah
pengajian islam, universiti sains Malaysia (usm) yang sedang sabatikal di Britain.
laman web: drmaza.com.
E-mel: moasriza@yahoo.com.
[Baca]
Oleh ZUARIDA MOHYIN

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SISTEM pendidikan lama
seperti pengajian kitab dari kulit ke kulit masih diteruskan di MMPSD,
Kuala Krai, Kelantan. - Gambar HAFIZ JOHARI
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MESKIPUN hijrah dari Mekah ke Madinah tidak akan
berlaku lagi tetapi hijrah ke arah yang lebih baik itu harus terus
berlaku sepanjang zaman.
Hakikatnya, hijrah bukanlah asing dalam Islam dan ia adalah lumrah
dalam kehidupan muslim, apatah lagi penghijrahan itu adalah ke arah
yang lebih baik.
Bahkan, hijrah kerana menuntut ilmu, berakhlak mulia, mencari
kebenaran, berdakwah dan bermacam-macam bentuk hijrah adalah tuntutan
dan asas ajaran Islam itu sendiri.
Lantas, untuk terus maju dan mencapai kemuliaan, masyarakat Islam tidak boleh berpeluk tubuh dan hanya berserah kepada takdir.
Umat Islam terdahulu telah berjihad secara habis-habisan, sebab itulah Islam berada di tempat yang mulia dan sepatutnya.
Sempena sambutan Maal Hijrah yang diraikan hari ini, maka umat Islam
perlu melihat hijrah dalam perspektif yang luas demi menuju
kegemilangan di dunia dan di akhirat.
Lantaran itu, langkah perubahan berterusan Madrasah Muhammadiah
Pondok Sungai Durian (MMPSD) di Kampung Sungai Durian, Kuala Krai,
Kelantan sepanjang 50 tahun usia penubuhannya adalah contoh terbaik
dalam mewarisi semangat juang Baginda Rasulullah SAW dan para sahabat
demi menegakkan syiar Islam.
Sebut sekolah pondok pastinya yang terbayang pondok-pondok kayu yang
usang dan serba kekurangan dari segi prasarana. Pun begitu, hijrah
MMPSD mampu membuktikan pengajian pondok kini sudah melangkah ke fasa
baru.
Setiausaha MMPSD, Ustaz Yahya Yaacob berkata, berlakunya pelbagai
perubahan di situ adalah seiring dengan perkembangan dan kemampuan
semasa, apa lagi perubahan itu adalah sebahagian daripada tuntutan
agama. Malah bagi beliau, inilah makna sebenar hijrah yang harus
dihayati dalam kehidupan ini.
"Jika pada awal penubuhannya dahulu, MMPSD hanya berada dalam satu
kawasan yang agak terhad, iaitu dalam sebidang tanah seluas lima hingga
enam ekar, kini bertambah 12 ekar hasil pembelian tanah daripada jiran
sekitar pondok.
"Malahan jika dilihat dari aspek kemudahan infrastruktur, dari 1958
hingga akhir 70-an, MMPSD tidak mempunyai kemudahan jalan, penginapan,
tempat belajar dan tempat ibadat yang selesa.
"Hari ini, MMPSD telah mempunyai kemudahan jalan, penginapan juga
telah berubah dari pondok-pondok kecil yang asalnya dibina dengan kayu
tetapi sekarang sebahagiannya telah diubah dengan binaan bangunan batu.
Begitu juga dengan bilik-bilik darjah dan masjid yang turut
diperbesarkan," katanya yang dihubungi, baru-baru ini.
Tambah Yahya, walaupun sekarang ini sistem pendidikan sudah
diselaraskan dari aspek kurikulum dan sistem pendidikan, namun sistem
lama seperti pengajian kitab dari kulit ke kulit masih diteruskan.
Pun begitu, pendekatannya telah diubah iaitu dengan memperkenalkan
ujian atau peperiksaan agar pelajar memperoleh sijil bagi membolehkan
mereka menyambung pengajian ke peringkat lebih tinggi.
"MMPSD melaksanakan dua sistem pembelajaran iaitu sistem pondok cara
tradisional dan sistem persekolahan dengan mengikut sukatan Yayasan
Islam Kelantan (YIK).
"Menerusi sukatan pelajaran YIK, pelajar akan mengikuti tujuh mata
pelajaran dalam kelas dan pada masa sama MMPSD membuat sedikit tambahan
dalam sukatan berkenaan untuk mengimbanginya dengan sukatan pondok.
Pelajar MMPSD juga akan menduduki tiga peperiksaan dalam setahun
kerana pihak sekolah juga akan mengeluarkan sijil kepada pelajar yang
berjaya dalam peperiksaan akhir sesi pengajian (Shahadah Thanawiah).
Pelajar tingkatan empat pula diwajibkan menduduki peperiksaan Sijil
Menengah Agama yang dikelolakan YIK. Manakala Sijil Pelajaran Malaysia
(SPM) akan diduduki secara persendirian.
"Alhamdulillah, pencapaian mereka dalam kedua-dua peperiksaan ini
membanggakan," terang Yahya hingga kini terdapat 200 pelajar termasuk
lelaki dan perempuan berbanding pada awal penubuhannya iaitu 15 orang.
Akui Yahya lagi, meskipun sejak dahulu terdapat sebahagian
masyarakat yang memandang negatif terhadap peranan pengajian pondok,
namun ada juga yang menerima dengan baik terutamanya dalam menghadapi
fenomena 'langit terbuka'.
Malah melihat kepada jumlah kemasukan pelajar yang bertambah dari
semasa ke semasa, membuktikan bahawa peranan dan fungsi sekolah pondok
masih relevan dengan situasi pendidikan masa kini.
[Baca]
Oleh AHLI PENGKAJI

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GAMBAR terkini Masjid Sultan Singapura yang diasaskan oleh Kiai Haji Ali Umar Qaribun.
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Pendahuluan
TOKOH ulama Selangor yang dibicarakan pada kali
ini merupakan ulama yang dikenali sebagai pelopor institusi pendidikan
pondok di negeri Selangor, sebelum wujudnya institusi pendidikan moden
yang wujud kini. Kertas kerja mengenai tokoh ulama ini dibentangkan
oleh Ustaz Ahmad Shukri Ghazali pada Seminar Tokoh Ulama Selangor 2008
pada 22 November tersebut, dengan diberi judul, Kiai Muhammad Ali
Qaribun: Pengasas Awal Pondok di Selangor.
Perkara-perkara yang dibicarakan dalam kertas kerja tersebut adalah
menyentuh tentang latar belakang keluarga, pendidikan, perkhidmatan
sebagai askar, pengasas Masjid Sultan Singapura, mendirikan masjid dan
pondok di Sijangkang, kitab-kitab pengajian yang diajar di pondok,
hubungan Kiai Muhammad Ali dengan ulama dan kerabat Diraja Brunei dan
Selangor, karamah beliau dan kewafatan beliau.
Dilihat bahawa maklumat-maklumat berkaitan tokoh ulama yang
dibicarakan tersebut wajar ditonjolkan keseluruhannya. Namun disebabkan
kepadatan ruangan ini, maka hanya beberapa perkara sahaja yang
disentuh, selebihnya akan dilanjutkan pada ruangan akan datang.
Perkara-perkara yang dipetik untuk bahagian pertama ini yang diambil
dari kertas kerja hasil kajian Ustaz Ahmad Shukri Ghazali (selepas ini
disebut sebagai penulis) tersebut adalah mengenai latar belakang
keluarga, perkhidmatan beliau sebagai askar, pendidikan dan sejarah
beliau mendirikan masjid di Singapura dan Sijangkang.
Latar belakang keluarga
Nama beliau ialah Kiai Muhammad Ali bin Qaribun bin Suruyan
Al-Mentarami, berasal dari Bantul, Mataram (Jogjakarta), Indonesia dan
dilahirkan sekitar tahun 1858/1279H. Susur galur keturunan beliau
bertemu dengan Sunan Ampel, iaitu salah seorang daripada sembilan Wali
Songo yang terkenal di Tanah Jawa.
Beliau mempunyai sembilan adik-beradik, yang terdiri daripada lapan
lelaki dan seorang perempuan, iaitu Kiai Abdul Rahman, Kiai Abdul
Samad, Kiai Mustafa, Kiai Abbas (Abdullah Kahfi), Kiai Syafei, Kiai
Tarmizi dan Mbah Ayu.
Ayah beliau, Kiai Qaribun bin Suriyan merupakan orang penting di
Keraton Mataram sekitar tahun 1800an, Dikatakan bahawa ayah beliau
adalah pengiring dan pemayung sultan semasa adat istiadat di Istana
Keraton. Setelah Kiai Qaribun diangkat menjadi pengiring dan juru
payung sultan, beliau mengahwini puteri Sultan Mataram.
Kisah Kiai Qaribun dilantik sebagai juru payung dan pengiring sultan
bermula apabila kawasan Mataram khususnya Keraton sudah tidak selamat
kerana sering diancam oleh perompak. Pada satu ketika perompak cuba
menceroboh kawasan Keraton, lalu Kiyai Qaribun berkata: "Perompak ini
seperti anjing", lantas ia bertukar menjadi anjing. Maka setelah
kewafatan juru payung dan juru iring sultan, Kiai Qaribun dilantik
menjawat tugas tersebut sehingga akhir hayat. Sehingga kini kebanyakan
keluarga Qaribun menetap di daerah Bantul, Mataram (Jogjakarta).
Apabila Kiai Qaribun kembali ke rahmatullah, beliau dikebumikan di
Bantul, Mataram (Jogjakarta) bersama-sama kerabatnya dan tertulis di
batu nisannya dengan nama Kiai Koribun. Pernah terjadi ketika berlaku
gempa bumi di Jogjakarta pada 2007, dikatakan makam Kiai Qaribun tidak
mengalami sebarang kerosakan dan keretakan seolah-olah dipelihara
dengan baik.
Semasa hidupnya, Kiai Qaribun menyarankan agar tiga orang anak
lelakinya yang diketuai oleh Kiai Haji Muhammad Ali, Kiai Abbas dan
Kiai Syafie menuju ke Tanah Melayu untuk menyebarkan dakwah Islam di
sana.
Kiai Qaribun juga pernah membina sebuah masjid yang dinamakan Masjid
Al-Qaribun. Masjid tersebut diperbuat daripada batang kelapa dan putih
telur tanpa plaster dan kini masih dalam proses membaik pulih melalui
sumbangan cucunya yang berada di Malaysia.
Berkhidmat sebagai askar
Semasa beliau berada di Johor sekitar tahun 1889, berkemungkinan
sebelum mendirikan rumah tangga, beliau pernah berkhidmat sebagai askar
hutan atau askar Inggeris menentang pemberontak selama hampir 18 tahun
dan dibayar gaji sebanyak $12 setahun.
Semasa beliau mula-mula tiba di Tanah Melayu, iaitu di Johor, beliau
tidak tahu berbahasa Melayu dan juga tidak tahu menulis rumi.
Disebabkan sikapnya yang suka mengembara, beliau telah diambil oleh
Inggeris untuk berkhidmat melawan pemberontak di Pahang. Pihak Inggeris
sering berulang alik dari Johor, dan mereka akan bertukar askar dengan
Indonesia dan Malaya.
Kadangkala askar Belanda akan mengambil askar Melayu untuk menentang
penjajah Indonesia, begitu juga sebaliknya. Semasa berada di hutan,
beliau dikatakan amat mahir berburu dan membuat jerat untuk menangkap
harimau dan kera., dan menjadikan beliau semakin berani, banyak bergaul
dan semakin mahir berbahasa Melayu.
Akibat merasa bosan hidup dalam hutan dan sering melarikan diri,
maka akhirnya beliau melarikan diri dari menjadi askar. Setelah
melarikan diri, seorang rakannya yang sama-sama berkhidmat sebagai
askar bernama Pak Ramli telah memberikannya lima ekar tanah di
Sijangkang untuk tinggal di sana.
Hanya satu ekar diwakafkan untuk dijadikan pondok dan kini dijadikan
kawasan masjid, manakala empat ekar adalah untuk didiami keluarga Kiai
Haji Muhammad Ali. Semasa berkhidmat dengan askar Inggeris, Pak Ramli
adalah salah seorang yang berpengaruh dan dianugerahkan pingat pangkat
Dato.
Pendidikan
Kiai Haji Muhammad Ali mendapat pendidikan awal di Tanah Jawa,
Indonesia sekitar tahun 1868-1878. Tidak disebut tempat beliau mendapat
pendidikan awal sebelum ke Mekah, namun beliau pernah menyebut beberapa
buah pondok di Tanah Jawa yang masyhur iaitu Pesantren Termas di daerah
Pacitan, Pesantren Lir boyo di Kediri, Pesantren Tebuireng di Jombang,
Jawa Timur dan Pesantren Langitan di Tuban.
Ini kerana keempat-empat pondok tersebut sentiasa disebut semasa
beliau mengajar murid-muridnya di Sijangkang. Namun perkara tersebut
masih dalam kajian kerana penulis masih meragui apakah pesantren yang
disebut itu merupakan tempat beliau menuntut ilmu atau mungkin tempat
teman-teman sepengajian beliau yang telah berjaya membuka pondok.
Walau bagaimanapun, penulis beranggapan kesemua pondok yang
disebutkan adalah tempat beliau menimba ilmu kerana pada 1889 tersebut,
Kiai Haji Muhammad Ali telah pun berada di Tanah Melayu, sedangkan
pesantren yang disebutkan wujud sekitar tahun 1906 atau 1910, kecuali
Pesantren Termas di daerah Pacitan Indonesia dan Pesantren Langitan,
Tuban yang dianggap antara pesantren tertua.
Pendidikan Kiai Haji Muhammad Ali masih kabur kerana ramai yang
menyatakan beliau menuntut ilmu di Tanah Jawa kemudian ke Mekah selama
puluhan tahun dengan menaiki kapal layar sekitar tahun 1880an.
Rata-rata masyarakat menyebut beliau belajar di Tanah Jawa dan di Mekah
selama puluhan tahun. Malah ada juga yang mendakwa beliau berada di
Mekah selama 15 tahun sebagai guru di sana.
Pengasas Masjid Sultan Singapura
Menurut cucu beliau bernama Tuan Haji Sani, Kiai Haji Muhammad Ali
ke Mekah sebanyak dua kali, kali pertama sebagai seorang penuntut, dan
kali kedua sebagai tenaga pengajar di sana. Hal yang sama juga apabila
beliau datang ke Tanah Melayu iaitu sebanyak dua kali. Kali pertama
seorang diri dan kali kedua bersama adiknya.
Pada kali pertama pulang ke Tanah Jawa, beliau singgah di Singapura
dan membangunkan sebuah masjid yang diperbuat daripada kayu bersama
rakan-rakannya. Kini masjid tersebut dikenali sebagai Masjid Sultan
Singapura. Sejarah pembinaan masjid kayu ini menjadikan Kiai Haji
Muhammad Ali semakin masyhur dan dikenali di Mekah dan Tanah Jawa. Nama
beliau disemadikan di batu asas Masjid Sultan Singapura sebagai
"Pengasas Masjid Kiai Haji Ali Umar Qaribun Bantul Miri."
Setelah masjid lama daripada kayu dirobohkan, batu asas tersebut
diletakkan berhampiran makam Sultan Hussain di ruangan bawah masjid dan
akhirnya dibawa balik ke Bantul, Miri Mataram oleh kerabat beliau yang
merupakan seorang kapten tentera Indonesia. Bahkan hubungan
kekeluargaan Kiai Haji Muhammad Ali dengan masyarakat Jawa di Indonesia
masih wujud hingga kini.
Oleh yang demikian, tidak hairan beliau sangat dihormati dan
disegani oleh para ulama di Singapura pada waktu itu, kerana jasanya
yang sangat besar.
Mendirikan masjid di Sijangkang
Menurut cucu Kiai Muhammad Ali lagi, nama Sijangkang diambil sempena
sebatang sungai yang mengalir di bawah sepohon kayu yang melengkung
seumpama orang yang sedang kangkang. Sungai tersebut merupakan laluan
utama antara Pandamar dan Sijangkang.
Setelah beliau menabur jasa di Singapura dan menjadi orang penting
di Johor, maka beliau lantas mengambil keputusan pulang ke Mekah.
Setelah 15 tahun berada di Mekah, beliau sekali lagi datang ke Johor
kemudian singgah di Kajang dan membuka masjid di sana.
Berdasarkan balasan sepucuk surat, Kiai Haji Muhammad Ali telah
berada di Sijangkang pada 1335H/1917M dan tidak lama kemudian, beliau
bersama masyarakat setempat membangunkan sebuah masjid yang dikenali
sebagai Masjid Kiai Haji Muhammad Ali Umar Sijangkang.
Namun begitu, tapak masjid lama tersebut tidak dapat bertahan lama
kerana telah roboh dan dijadikan kawasan perkuburan Islam di
Sijangkang. Setelah itu, masjid baru telah dibina dan diberi nama
Masjid Kiai Haji Muhammad Ali yang dirasmikan oleh Sultan Selangor
iaitu Sultan Hisamuddin Syah pada 1921.
Setelah itu, diwujudkan cadangan untuk membina masjid baru dan
mendapat tentangan daripada keluarga Kiai Haji Muhammad Ali yang
memohon agar masjid tersebut dikekalkan sebagai satu masjid warisan
sejarah Selangor. Walau bagaimanapun tentangan tersebut gagal, akhirnya
Masjid Kiai Haji Muhammad Ali dirobohkan termasuk tiang seri dan
beberapa khazanah lain dimusnahkan seperti jam antik dan lain-lain.
Setelah masjid baru dibina, nama pengasas masjid tersebut tidak
diabadikan dan ditukar kepada Masjid Al-Ihsaniyah, bukan Masjid Kiai
Ali. Berkemungkinan nama Al-Ihsaniyah diambil sempena nama anak beliau
Kiai Ihsan bin Kiai Haji Muhammad Ali.
Penutup
Untuk selanjutnya pada ruangan akan datang membicarakan mengenai
sejarah pendirian pondok yang didirikan oleh Kiai Muhammad Ali di
Sijangkang berserta kitab-kitab pengajian yang diajar. Selain itu turut
disentuh mengenai hubungan beliau dengan ulama-ulama terkenal yang lain
dan hubungan dengan kerabat Diraja Brunei di Selangor. Keseluruhan
perkara-perkara yang dibicarakan tersebut juga adalah hasil kajian
penulis, yang juga masih mempunyai hubungan kekeluargaan sebagai datuk
saudara kepada penulis.
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Oleh ZUARIDA MOHYIN
DIDIKLAH anak-anak dalam tiga perkara: Mencintai
Nabimu, mencintai keluarga dan tilawah al-Quran, sebab orang yang
memelihara al-Quran itu berada dalam lindungan singgahsana Allah
bersama para Nabi-Nya dan orang-orang yang suci, pada hari tidak ada
perlindungan selain daripada perlindungan-Nya." (riwayat At-Tabrani)
Hadis di atas jelas kepada kita terutamanya ibu bapa Muslim kaedah
dalam mendidik anak yang digariskan Islam. Yang pastinya, ia bukan
sahaja memberi jaminan keselamatan dan kebahagiaan duniawi semata-mata
tetapi mencakupi ukhrawi yang kekal abadi.
Mungkin ramai ibu bapa yang berkerut dahi memikirkan bagaimana tiga
perkara ini mampu mendepani isu-isu serius yang melanda masyarakat kita
hari ini. Oleh kerana itulah, hadis di atas tidak sahaja perlu difahami
maksud yang tersurat tetapi apa yang tersirat di sebaliknya.
Menyedari pendidikan atau menuntut ilmu adalah sesuatu yang dituntut
agama Islam, apa lagi dengan ilmu dan amal itu ia bakal menjadi aset di
akhirat kelak.
Sebagaimana sabda Rasulullah SAW yang bermaksud: Apabila manusia
mati maka terputuslah amalannya kecuali daripada tiga perkara: Sedekah
jariah, ilmu bermanfaat dan anak soleh yang mendoakannya. (riwayat Muslim)
Kewujudan pusat-pusat asuhan dan sekolah prasekolah kini bagaikan
cendawan tumbuh selepas hujan. Yang pastinya, penubuhan institusi
pendidikan awal ini bergerak demi menjana modal insan yang berguna
kepada agama, keluarga, bangsa dan negara.
Di samping itu, ia juga menyediakan platform kukuh kepada
kanak-kanak ini agar tidak terkejut sama ada dalam menguasai ilmu
komunikasi, pergaulan dan pendedahan kepada ilmu konvensional seperti
penguasaan komputer, bahasa dan sebagainya.
Menjelang 2009 yang tinggal beberapa hari lagi pastinya membawa
semangat baru kepada wanita kelahiran Cik Siti Wan Kembang iaitu,
Robiyah Yusoh, Pengarah Urusan Pusat Perkembangan Minda Kanak-kanak
Darul Iqra Centre Sdn. Bhd. (DIC).
Kalau sebelum ini, DIC sekadar beroperasi di Persiaran Menanti
Bandar Sri Damansara, Kuala Lumpur, kini ia telah melebarkan
cawangannya di beberapa lokasi strategik. Yang terbaru, terletak di
Seksyen 7, Bandar Baru Bangi, Selangor.
"Sekarang ini DIC sedang giat mengadakan sesi temuduga kepada mereka
yang berkelayakan khususnya kepada para siswazah bidang Pengajian
Islam, Pendidikan Awal Kanak-kanak serta Psikologi Kanak-Kanak dan
Keluarga untuk menjadi warga DIC yang semakin berkembang, lebih-lebih
lagi menjelang 2009.
"Malah kakitangan yang diterima juga akan dihantar berkursus
berkaitan teori dan praktikal bagi memantapkan ilmu dan kemahiran diri.
Ini kerana di DIC, kami bukan sahaja mementingkan pembelajaran
semata-mata tetapi segala aspek yang berkaitan pembinaan modal insan
adalah menjadi keuntamaan kami.
"Oleh itu, empat aspek yang diterapkan dan diamalkan di DIC iaitu;
fizikal, bahasa, kemahiran kognitif dan sosial emosi," ujar Robiyah
selepas Majlis Konvokesyen dan Kecemerlangan DIC kali yang keempat yang
berlangsung di Kelab Golf Sri Damansara, baru-baru ini.
Setakat ini kata Robiyah, DIC menyediakan lima kemudahan atau pakej
iaitu tadika, taska, transit , kelas fardu ain dan tuisyen dengan
bayaran yang berpatutan. Kanak-kanak daripada seawal usia empat tahun
akan diberikan penekanan kepada teknik 3M (membaca, menulis dan
mengira) sebelum mereka melangkah ke alam persekolahan.
"Bermula tahun depan juga kami akan menyediakan kelas komputer
sebagai satu cara menyahut seruan kerajaan agar kanak-kanak celik
teknologi maklumat (IT).
"Malah kami sentiasa memastikan perlaksanaan kajian berterusan
berkaitan bidang pendidikan awal kanak-kanak menjadi teras keutamaan,"
ujarnya yang turut menerima sumbangan berjumlah RM3,000 daripada Ahli
Dewan Undangan Negeri (ADUN) Paya Jaras merangkap Ketua Bahagian UMNO
Subang, Datuk Ir. Muhammad Bushro Mat Johor yang telah merasmikan
majlis pagi itu. Turut hadir Datuk Said Mulok.
Kata Robiyah lagi, dalam usaha mengembagkan lagi sayap DIC, pada
tahun depan, pihaknya akan memperkenalkan projek rakan kongsi sejajar
dengan matlamat untuk melahirkan lebih ramai usahawan bumiputera.
"Mereka yang berminat dalam pendidikan awal kanak-kanak dan pada
masa sama mahu berdikari dalam membina ekonomi diri, bolehlah
menghubungi kami di talian 03-6277 5891 atau 017-2499150.
Para hadirin pada majlis konvokesyen itu telah dihiburkan dengan aneka persembahan daripada kanak-kanak DIC.
[Baca]
ALLAH menciptakan langit dan bumi serta segala isinya untuk manfaat
umat manusia. Bagaimanapun, tidak ramai yang menghargai nikmat alam
sekitar itu. Hal ini menyebabkan ada di kalangan manusia memandang
enteng nikmat tersebut sehinggakan bertindak menggondolkan bukit-bukau
sewenang-wenangnya.
Sehubungan itu, Allah memberi peringatan melalui firman-Nya yang
bermaksud: Telah kelihatan kerosakan di darat dan di laut disebabkan
perbuatan tangan manusia, kerana Allah hendak merasakan mereka
sebahagian daripada balasan perbuatan buruk yang mereka telah lakukan
supaya mereka kembali insaf. (al-Rum: 41)
Berkenaan tanggungjawab manusia memelihara alam sekitar, Rasulullah
SAW bersabda yang bermaksud: Dunia ini hijau dan cantik dan Tuhan telah
melantik kamu sebagai pengurusnya. Dia melihat apa yang kamu lakukan.
(riwayat Muslim).
Wartawan MOHD. RADZI MOHD. ZIN menemu bual Timbalan Dekan Fakulti
Pengajian Quran dan Sunnah, Universiti Sains Islam Malaysia,
Nidzamuddin Zakaria bagi mengupas isu ini.
Mega: Apakah konsep penjagaan alam sekitar dalam Islam?
Nidzamuddin: Persatuan Bangsa-Bangsa Bersatu 1972 menjelaskan bahawa
alam sekitar adalah: “Suatu aset atau simpanan sumber-sumber alam sama
ada berbentuk material dalam kelompok masyarakat atau populasi
tertentu, pada waktu dan tempat yang tertentu bagi menyempurnakan dan
memenuhi keperluan manusia dari masa ke semasa”. (Rujuk: Muhammad Sa’id
dan Rasyid Ahmad. 1986. Al-Bi’ah wa musykilatiha. Kuwait: Maktabah
al-Falah.Hal. 25).
Ibnu Abd. Rabbihi pula menyatakan takrif alam sekitar ini di dalam
kitabnya al-Jumanah dengan penjelasannya bahawa: “Alam sekitar ialah
yang merujuk kepada kehidupan ciptaan Ilahi dan kebudayaan yang wujud
di mana manusia dapat menjalani kehidupan di dalamnya”. (Rujuk:
Muhammad Abd al-Qadir Al-Fiqqiyy. 1993. Al-Bi’ah Musykiluha wa
Qadayaha. Kaherah: Maktabah Ibn Sina. Hal. 9.)
Al-Quran dan sunah memberikan penekanan yang serius mengenai
penjagaan alam sekitar di mana kedua-dua sumber perundangan ini menyeru
manusia untuk mengekalkan pemeliharaannya sebagai satu kurniaan atau
nikmat Tuhan yang agung. Ia melarang pencemaran di samping menggesa
mereka untuk memanfaatkan khazanah alam di mana usaha murni ini di
sanjung mulia agama Islam bahkan dianggap sebagai ibadat yang agung di
sisi Tuhan. Alam sekitar tidak terhad kepada aspek estetika dan
kebersihan fizikal semata-mata. Hakikatnya keseimbangan alam sekitar
memberi kesan ketara kepada keharmonian dan kesejahteraan hidup selari
dengan kemajuan negara serta kemakmuran bumi. Tanpa rimbunan pokok,
maka tadahan hujan untuk bekalan air akan mengurang. Tanpa hutan maka
keupayaan menyerap gas karbon dioksida di atmosfera akan berkurangan.
Tanpa udara yang bebas bahan cemar, maka kesihatan awam terancam.
Ajaran agama menjelaskan peranan alam sekitar sebagai salah satu
unsur terpenting aspek ketuhanan dalam konteks kosmologi. Ajaran Islam
pula menjelaskan kedudukan alam sekitar yang kudus dan tertib. Itulah
rasionalnya alam sekitar dikemukakan sebagai salah satu teras Islam
Hadhari.
Pelestarian dan kepentingan alam sekitar disebutkan secara tersurat
dan tersirat dalam banyak ayat al-Quran dan hadis. Allah SWT berfirman
yang bermaksud: ...(iaitu) Orang yang mengingati Allah sambil berdiri
atau duduk atau dalam keadaan berbaring dan mereka memikirkan mengenai
penciptaan langit dan bumi (seraya berkata): “Ya Tuhan kami, tiadalah
Engkau menciptakan ini dengan sia-sia. Maha Suci Engkau, peliharalah
kami daripada seksa neraka. (ali-Imran: 191).
Ayat ini menunjukkan bahawa alam sekitar fizikal dan seluruh
cakerawala adalah tanda kebesaran Allah Yang Maha Pencipta. Orang
beriman sentiasa berusaha menjadikan alam sekitar terpelihara dan
bersih, bukan saja dalam keadaan aman, malah ketika peperangan.
Ajaran Islam mengajar umatnya supaya melestarikan alam sekitar
kerana di sebalik kehijauan hutan dan kebiruan langit, tertera
ayatullah yang memperlihatkan sifat Allah Yang Maha Kuasa dan Maha
Pencipta.
Kejadian tanah runtuh di Bukit Antarabangsa adalah satu lagi contoh
keengganan manusia mematuhi perintah Allah sebagaimana dalam surah
ar-Rum: 41. Bagaimana membetulkan keadaan ini?
Nidzamuddin: Kalau kita meneliti sumber-sumber syarak dan
usul-usulnya, pasti kita akan melihat asas-asas dan dasar-dasar yang
murni yang digagaskan oleh Islam. Ia bagi memandu dan memimpin suatu
etika dan akhlak yang terpuji bagi setiap individu muslim berperanan
dan bermuamalah secara positif dengan alam sekitar ciptaan Ilahi ini
agar warisan tersebut tidak pupus atau rosak di tangan manusia itu
sendiri.
Akhirnya, ketiadaan sikap menyayangi dan memelihara alam sekitar ini
boleh membawa kepada kemusnahan, kerosakan dan bencana yang menimpa
manusia itu sendiri.
Allah menegaskan hal ini melalui firman-Nya yang bermaksud: Telah
timbul berbagai kerosakan dan bala bencana di darat dan di laut dengan
sebab apa yang telah dilakukan oleh tangan manusia; (timbulnya yang
demikian) kerana Allah hendak merasakan mereka sebahagian dari balasan
perbuatan-perbuatan buruk yang mereka telah lakukan, supaya mereka
kembali (insaf dan bertaubat). (al-Rum: 41).
Tindakan paling drastik yang perlu dilakukan umat Islam adalah
kembali kepada Islam itu sendiri, tinggalkan budaya atau gaya hidup
yang jauh daripada Allah dan syariat-Nya. Barangkali musibah seumpama
ini adalah peringatan untuk kita agar jangan lalai dan leka terhadap
peranan kita selaku hamba dan khalifah-Nya di muka bumi ini.
Islam adalah agama yang mengikat hubungan kita dengan Pencipta dan menjalin hubungan manusia sesama manusia.
Islam juga menyusun peradaban dan etika manusia dengan makhluk
sekitarnya meliputi alam dan ciptaan Tuhan yang berada di atasnya
bersesuaian dengan agenda utama manusia di muka bumi ini selaku
khalifah Tuhan yang mentadbir dan mengurus dunia ini dengan saksama dan
penuh bijaksana demi kemaslahatan manusia dan keharmonian alam
sekitarnya.
Bukit-bukau dan gunung-ganang dijadikan Allah sebagai pasak bumi
(al-Anbiya’: 31). Apakah saranan Islam tentang pembangunan seimbang
(sustainable development)?
Nidzamuddin: Kita perhatikan dahulu ayat al-Quran itu tadi. Allah
menegaskan: Dan Kami telah menjadikan di bumi gunung-ganang yang
menetapnya, supaya bumi itu tidak menggegar mereka dan Kami jadikan
padanya celah-celah sebagai jalan-jalan lalu-lalang, supaya mereka
dapat sampai kepada mencapai keperluan rohani dan jasmani. (al-Anbiya’:
31).
Ayat ini menegaskan bahawa fungsi sebenar bukit-bukau dan
gunung-ganang itu ialah sebagai pasak kepada bumi. Meneres kawasan
bukit-bukau sesuka hati tanpa kawalan dan sempadan mengundang
ketidakseimbangan muka bumi itu sendiri.
Justeru, pembangunan yang seimbang ini amat dititik beratkan dalam
ayat Allah yang lain antaranya firman Allah yang bermaksud: Dan bumi
ini Kami bentangkan dan Kami letakkan padanya gunung-ganang yang kukuh
terdiri, serta Kami tumbuhkan padanya tiap-tiap sesuatu yang tertentu
timbangannya. (al-Hijr: 19).
Sistem keseimbangan dalam alam sekitar yang diaturkan Penciptanya
ini lebih dikenali sebagai ekosistem yang sangat unik dan sistematik.
Seluruh unit dalam sistem telah diprogramkan Allah agar mengikuti
sistem atau sunnatullah yang hebat ini.
Sebagai contoh, matahari dan bulan ditentukan Allah berfungsi dalam
ekosistem ini selaku penyumbang cahaya mengikut kadar peratusan yang
tertentu.
Jika kadar pencahayaan matahari itu melebihi peratusan yang
sepatutnya, maka tentulah alam dan hidupan di atas permukaannya bakal
mengalami kemusnahan dan kebakaran.
Begitu juga kadar oksigen dalam udara yang telah ditentukan Allah
sejumlah 21 peratus, maka andainya kadar oksigen itu menjangkau 50
peratus, nescaya alam dan hidupan di atas permukaannya juga pasti
mengalami kemusnahan dan kebakaran. Begitulah al-Quran melukiskan peri
pentingnya keseimbangan ekosistem ini untuk dipelihara oleh khalifah
Tuhan atau manusia di muka bumi ini sebaik-baiknya. (Tibarah, ‘Afif bin
Abdul Fattah. Ruh al-Din al-Islami. Beirut: Dar al-Malayin li al-‘Ilmi.
Hal. 57).
Akhirnya, renungilah seruan Ilahi untuk hamba-hamba-Nya bagi menjaga
alam sekitar khususnya bukit-bukau dan gunung-ganang ciptaan terindah
Tuhan menerusi ayat yang bermaksud: Tidakkah engkau melihat bahawa
Allah menurunkan hujan dari langit, lalu Kami keluarkan dengan air
hujan itu buah-buahan yang berlainan jenis dan rupanya; dan di antara
gunung-ganang pula ada yang mempunyai jalur-jalur serta lorong-lorong
putih dan merah, yang berlainan warnanya (tua dan muda) dan ada juga
yang hitam legam; Dan demikian pula di antara manusia dan
binatang-binatang yang melata serta binatang-binatang ternak, ada yang
berlainan jenis dan warnanya? Sebenarnya yang menaruh bimbang dan takut
(melanggar perintah) Allah dari kalangan hamba-hamba-Nya hanyalah
orang-orang yang berilmu. Sesungguhnya Allah Maha Kuasa, lagi Maha
Pengampun. (Faatir: 27 -28)
Sebilangan manusia berpendapat, penjagaan alam sekitar tugas pihak
tertentu sahaja. Justeru, bebas membersihkan hutan, membuang sampah
merata-rata. Adakah pandangan begini tepat?
Nidzamuddin: Pandangan ini tidak tepat sama sekali! Ia mencerminkan
sikap mementingkan diri sendiri dan tidak prihatinnya terhadap warisan
alam. Yang sebenarnya, manusia itu adalah unsur atau entiti yang maujud
di tengah-tengah alam sekitar, bahkan Islam meletakkan manusia selaku
unsur paling penting di dalamnya berbeza dengan hidupan lain yang hanya
bersifat material dan kosong maknawi atau rohaninya di mana setiap
insan itu bertindak selaku pengurus atau pentadbir alam sekitar itu.
Justeru, dengan kelebihan ciptaan manusia daripada unsur material
dan maknawi, maka manusia dinobatkan selaku pemimpin dan khalifah Tuhan
yang mengurus dan mentadbir alam dengan sebaik-baiknya.
Firman Allah bermaksud: Dan (ingatkanlah peristiwa) ketika Tuhanmu
berfirman kepada malaikat: Sesungguhnya Aku hendak menciptakan manusia
dari tanah liat yang kering, yang berasal dari tanah kental yang
berubah warna dan baunya. Kemudian apabila Aku sempurnakan kejadiannya,
serta Aku tiupkan padanya roh dari (ciptaanKu) maka hendaklah kamu
sujud kepadanya. (al-Hijr: 28-29).
Hal ini disokong pula dengan hadis Nabi SAW bermaksud; Sesungguhnya
dunia ini cantik dan subur menghijau dan sesungguhnya Allah menjadikan
kamu (wahai manusia) selaku pengurusnya dan apa yang terdapat padanya.
(Al-Tirmizi, Muhammad bin Isa. 2004. (Rujuk: Jami’ al-Tirmizi. Kitab
al-Fitan. Hadis No. 2191. Riyadh: Bait al-Afkar al-Dauliyyah).
Faktor keuntungan dan wang ringgit adakalanya mengelabui mata
menyebabkan pihak tertentu seperti jurutera, ahli geologi dan
sebagainya ‘menipu’ dan menyembunyikan kebenaran tentang bahaya yang
mungkin berlaku apabila mendirikan bangunan di lereng-lereng bukit.
Apakah balasan Allah terhadap golongan sebegini?
Nidzamuddin: Inilah bahana dan bahayanya apabila pihak yang berwajib
dan yang berautoriti dari segi kuasa dan keilmuannya tidak bersikap
profesional, telus dan bertanggungjawab.
Ketamakan pada keuntungan yang melambak-lambak akan mengenepikan
soal bahaya dan risiko yang bakal menimpa. Ya, memang ada orang yang
kaya dan mampu membina semula banglo yang runtuh itu lantaran
kekayaannya yang tidak terkira. Lebih mengejutkan ialah ada yang berani
membangunkan semula bangunan baru di lokasi yang telah berlaku tanah
runtuh.
Namun soal nyawa, harta benda yang terbuang dan musnah begitu sahaja
serta ‘pencabulan terhadap keharmonian alam sekitar’ itu sendiri adalah
suatu isu yang perlu dititik beratkan.
Pokok-pokok yang subur menghijau bukan sekadar dilihat sebagai
ciptaan Allah yang mendamai dan menakjubkan, bahkan Rasulullah SAW
mengajar umatnya agar memeliharanya daripada ditebang dan dimusnahkan.
Ini terserlah melalui larangan keras Baginda terhadap usaha
penebangannya yang tanpa sebab dan melampau bermaksud: “Barang siapa
yang memotong pokok (bidara) - tanpa manfaat atau kepentingan - nescaya
Allah SWT akan menghumbankan kepalanya ke jurang neraka”. (Rujuk: Abu
Daud, Sulaiman bin al-Asy’ath al-Sijistani. T.th. Sunan Abi Daud. Kitab
Adab. No. Hadis: 4561. Juzuk 4. Hal. 361).
Imam Abu Daud mengulas maksud hadis ini setelah disoal mengenainya
dengan penjelasannya: “Barangkali yang dimaksudkan dengan amaran Nabi
SAW dengan penebangan pokok tanpa sebab ini adalah terhadap pokok-pokok
yang terdapat di padang pasir yang dijadikan tempat teduhan orang yang
lalu lalang atau para musafir.”
Kalau nak dikiaskan dengan geografi negara kita, maka pokok-pokok di
lerengan bukit-bukau itu juga dilarang Islam menebangnya tanpa bersebab
dan kawalan. Kalau isu penebangan pokok atau peneresan bukit-bukau ini
tidak dikawal secara serius, maka tidak mustahil bahawa kita akan
menyaksikan banyak lagi penempatan di kawasan-kawasan bukit akan
menjadi mangsa tanah runtuh ini.
Adakah kepincangan yang berlaku sekarang disebabkan kurangnya sifat
ihsan di kalangan kita sehingga adakalanya kita menipu dalam sukatan
pembinaan dan sebagainya?
Nidzamuddin: Ya, saya setuju bahawa ia adalah antara faktor-faktor
utama yang menyumbang kepada kemusnahan alam ini. Kerakusan membolot
projek-projek yang mega dan bernilai juta ringgit kadang-kadang
menghakis norma-norma kemanusiaan dan perasaan ihsan sesama insan
bahkan terhadap alam sekitar itu sendiri.
Memang benar alam tidak menjerit dan melolong apabila diperlakukan
penebangan atau peneresan bukit-bukau dengan sewenang-wenangnya, namun
kerakusan ini akan berakhir dengan dentuman bangunan runtuh, suara
tangisan mangsa tanah runtuh dan kerosakan harta benda yang begitu
besar.
Justeru, Allah melarang keras penipuan ini khususnya dalam sukatan
dengan firman-Nya: Kecelakaan besar bagi orang-orang yang curang (dalam
timbangan dan sukatan). Iaitu mereka yang apabila menerima sukatan dari
orang lain mereka mengambilnya dengan cukup. Dan (sebaliknya) apabila
mereka menyukat atau menimbang untuk orang lain, mereka kurangi.
Tidakkah mereka menyangka bahawa mereka akan dibangkitkan (hidup semula
sesudah mati)? (al-Mutaffifin: 1-4).
Perbuatan merosakkan alam sekitar adalah sama seperti menafikan
sikap adil dan ihsan, sedangkan kedua-dua sikap ini merupakan perintah
Allah yang perlu dilaksanakan. Perbuatan mencemar dan merosakkan alam
sekitar juga menodai fungsi kekhalifahan yang telah dibebankan kepada
manusia.
Ini kerana bumi bukan milik manusia untuk dia berbuat sesuka hati
tetapi bumi ini adalah milik Allah yang dipinjamkan kepada manusia yang
kemudiannya dituntut untuk menjalankan segala perintah Allah di
atasnya.
Oleh yang demikian, manusia perlu ingat bahawa dia dilantik sebagai
khalifah Allah di atas muka bumi yang juga milik Allah. Maka tidak
sepatutnya manusia bertindak seperti raja yang seolah-olah tidak akan
dipertanggungjawabkan di atas segala yang telah dikerjakannya.
[Baca]
29 December 2008, The Independent UK
We've got so used to the carnage of the Middle East that we don't care any more - providing we don't offend the Israelis. It's not clear how many of the Gaza dead are civilians, but the response of the Bush administration, not to mention the pusillanimous reaction of Gordon Brown, reaffirm for Arabs what they have known for decades: however they struggle against their antagonists, the West will take Israel's side. As usual, the bloodbath was the fault of the Arabs - who, as we all know, only understand force.
Ever since 1948, we've been hearing this balderdash from the Israelis - just as Arab nationalists and then Arab Islamists have been peddling their own lies: that the Zionist "death wagon" will be overthrown, that all Jerusalem will be "liberated". And always Mr Bush Snr or Mr Clinton or Mr Bush Jnr or Mr Blair or Mr Brown have called upon both sides to exercise "restraint" - as if the Palestinians and the Israelis both have F-18s and Merkava tanks and field artillery. Hamas's home-made rockets have killed just 20 Israelis in eight years, but a day-long blitz by Israeli aircraft that kills almost 300 Palestinians is just par for the course.
The blood-splattering has its own routine. Yes, Hamas provoked Israel's anger, just as Israel provoked Hamas's anger, which was provoked by Israel, which was provoked by Hamas, which ... See what I mean? Hamas fires rockets at Israel, Israel bombs Hamas, Hamas fires more rockets and Israel bombs again and ... Got it? And we demand security for Israel - rightly - but overlook this massive and utterly disproportionate slaughter by Israel. It was Madeleine Albright who once said that Israel was "under siege" - as if Palestinian tanks were in the streets of Tel Aviv.
By last night, the exchange rate stood at 296 Palestinians dead for one dead Israeli. Back in 2006, it was 10 Lebanese dead for one Israeli dead. This weekend was the most inflationary exchange rate in a single day since - the 1973 Middle East War? The 1967 Six Day War? The 1956 Suez War? The 1948 Independence/Nakba War? It's obscene, a gruesome game - which Ehud Barak, the Israeli Defence Minister, unconsciously admitted when he spoke this weekend to Fox TV. "Our intention is to totally change the rules of the game," Barak said.
Exactly. Only the "rules" of the game don't change. This is a further slippage on the Arab-Israeli exchanges, a percentage slide more awesome than Wall Street's crashing shares, though of not much interest in the US which - let us remember - made the F-18s and the Hellfire missiles which the Bush administration pleads with Israel to use sparingly.
Quite a lot of the dead this weekend appear to have been Hamas members, but what is it supposed to solve? Is Hamas going to say: "Wow, this blitz is awesome - we'd better recognise the state of Israel, fall in line with the Palestinian Authority, lay down our weapons and pray we are taken prisoner and locked up indefinitely and support a new American 'peace process' in the Middle East!" Is that what the Israelis and the Americans and Gordon Brown think Hamas is going to do?
Yes, let's remember Hamas's cynicism, the cynicism of all armed Islamist groups. Their need for Muslim martyrs is as crucial to them as Israel's need to create them. The lesson Israel thinks it is teaching - come to heel or we will crush you - is not the lesson Hamas is learning. Hamas needs violence to emphasise the oppression of the Palestinians - and relies on Israel to provide it. A few rockets into Israel and Israel obliges.
Not a whimper from Tony Blair, the peace envoy to the Middle East who's never been to Gaza in his current incarnation. Not a bloody word.
We hear the usual Israeli line. General Yaakov Amidror, the former head of the Israeli army's "research and assessment division" announced that "no country in the world would allow its citizens to be made the target of rocket attacks without taking vigorous steps to defend them". Quite so. But when the IRA were firing mortars over the border into Northern Ireland, when their guerrillas were crossing from the Republic to attack police stations and Protestants, did Britain unleash the RAF on the Irish Republic? Did the RAF bomb churches and tankers and police stations and zap 300 civilians to teach the Irish a lesson? No, it did not. Because the world would have seen it as criminal behaviour. We didn't want to lower ourselves to the IRA's level.
Yes, Israel deserves security. But these bloodbaths will not bring it. Not since 1948 have air raids protected Israel. Israel has bombed Lebanon thousands of times since 1975 and not one has eliminated "terrorism". So what was the reaction last night? The Israelis threaten ground attacks. Hamas waits for another battle. Our Western politicians crouch in their funk holes. And somewhere to the east - in a cave? a basement? on a mountainside? - a well-known man in a turban smiles.
[Baca]
29 December 2008, the Guardian/UK
WASHINGTON - Barack Obama yesterday appeared to line up behind the Bush administration in support of Israel's attack on Gaza.
Speaking on CBS's Face the Nation, his chief adviser, David Axelrod, initially repeated the Obama team's formula that there could only be one president at a time and that president was George Bush.
But he went on to recall comments that Obama made in July at Sderot, the Israeli town that is the target of rocket attacks from Palestinian militants in Gaza.
At the time, Obama said : "If somebody was sending rockets into my house where my two daughters sleep at night, I'm going to do everything in my power to stop that. I would expect Israelis to do the same thing."
A similar sentiment was expressed by Condoleezza Rice, the US secretary of state, on Saturday. She said: "The United States strongly condemns the repeated rocket and mortar attacks against Israel and holds Hamas responsible for breaking the ceasefire and for the renewal of violence in Gaza." She added: "The ceasefire should be restored immediately. The United States calls on all concerned to address the urgent humanitarian needs of the innocent people of Gaza."
Gordon Johndroe, the White House security spokesman, also blamed Hamas, whom he referred to as terrorists and thugs. Rice briefed Obama by phone for about eight minutes on Saturday and further calls are planned to ensure he is up to speed on the issue by the time he takes office.
Although Obama has repeatedly said he would not comment on policy matters until he becomes president on 20 January, he has largely abandoned this in relation to the economic crisis, on which he has spoken regularly over the last few weeks, often at odds with Bush. So far, Obama has given no hint on his policy on the Israeli-Palestinian conflict, though he has said finding a peace plan would be an early priority of his administration.
Before running for president, he provoked suspicion among Israelis and some US Jewish groups when he expressed sympathy for the plight of the Palestinians. But after winning the Democratic nomination earlier this year he veered in the other direction, voicing strong support for Israel in a speech in Washington to the Israeli lobby group Aipac.
Yesterday , the Washington Post quoted an unnamed senior Bush administration official saying he thought the Israelis launched the attack because of uncertainty over Obama's policy. The official said the Israelis acted "because they want it to be over before the next administration comes in". He added: "They can't predict how the next administration will handle it. And this is not the way they want to start with the new administration."
Israeli officials denied this, saying the Israeli election in February was more a factor than Obama's take-over.
Bush started his presidency determined not to expend much effort on the Israeli-Palestinian conflict, after watching his predecessor, Bill Clinton, devote his last months in office in a futile attempt to bring peace.
Over the last year, Bush has made half-hearted attempts at reheating peace plans.
Obama's proposed secretary of state, Hillary Clinton, and various other foreign policy advisers would like to mount another attempt at resolving the conflict. But Obama has other foreign policy issues competing for his attention such as the withdrawal of US troops from Iraq and the escalating conflict in Afghanistan.
[Baca]
LONDON, England - Israeli attacks on suspected Hamas strongholds in Gaza have triggered protests in more than a dozen countries.
The attacks entered their third day Monday, with more than 300 people in Gaza reported killed and hundreds more wounded. Israel says the military assault is in response to ongoing rocket strikes on Israel, which have killed two Israelis.
In London, England, dozens of protesters gathered outside the Israeli Embassy, waving flags and trying to push their way closer to the building, as police tried to hold them back and erect a barricade.
Police in Germany said about 2,000 protesters marched peacefully down Berlin's Kurfuerstendamm Boulevard and dispersed after about three hours.
Protesters also have taken to the streets in Denmark, France, Italy and Spain, according to news reports. There also were reports of demonstrations in Caracas, Venezuela.
Iranian media reported that thousands took part in anti-Israel demonstrations in Tehran on Monday, which the government declared a day of mourning for the Palestinians in Gaza .
Photographs of the rallies posted by Iran's semi-official Fars News Agency showed black-shrouded women and men holding shoes in the air -- widely considered an insult in the Middle East -- while others held Palestinian flags and signs that said "Down with U.S.A." in English and Farsi.
Greek riot police clashed with protesters in Athens during a demonstration outside the Israeli Embassy, according to police and images broadcast on state television.
Protesters hurled stones in an attempt to break through the police cordon around the heavily secured embassy. Police responded with tear gas.
In Iraq, hundreds of supporters of Shiite cleric Muqtada al-Sadr demonstrated in al-Mustansiriya Square in eastern Baghdad. The demonstrators carried
Iraqi and Palestinian flags, banners and pictures of al-Sadr and his father.
The demonstrators threw an Israeli flag on the ground, put President Bush's picture on top of it and set both on fire.
In the Muslim world, demonstrations also were held in Jordan, Egypt, Pakistan, Indonesia, Libya and Bahrain, the BBC and other news outlets reported.
Also, thousands of Lebanese demonstrators packed the streets of Beirut as part of a rally called by the militant group Hezbollah. Hezbollah leader Hassan Nasrallah addressed the crowd via satellite from an undisclosed location.
Protests were also held in Israel, where students at universities in Haifa, Tel Aviv and Jerusalem demonstrated against the Israeli military operation, ynetnews.com reported.
[Baca]
West Bank & Gaza Strip, Palestine -- As the world enters day #3 of the Israeli military attacks against the West Bank and Gaza Strip, the U.S. media is replete with stories about how Israel is merely defending itself from "rocket attacks." Let's talk about that.
The so-called "rockets" are little more than Bottle Rockets used by American children or professional fireworks displays used to celebrate on the Fourth of July.
Most of the "rockets" being fired at Israel, land harmlessly in the desert. Rarely if ever is anyone injured by these rockets and NOT ONE person has been killed in Israel by these rockets in years!
Yet within the past 3 days, the Israeli military has seen fit to kill over 700 unarmed men, women and children inside the
West Bank and Gaza strip. Think about that for a moment. No dead Israelis has prompted 700 dead Palestinians.
Let's move on to yet another item that the U.S. Media is repeating over and over and over: The Palestinians freely elected the Hamas Party into power and, according to Israel, "Hamas is a terrorist organization."
In fact, many dimwitted Americans swallow this line of reasoning hook, line and sinker, then repeat it as though it makes any sense. Let's consider this argument for a moment.
Yes, the people of Palestine freely elected the Hamas Party into power. That is their right. If my fellow Americans think that bombing people over who they elect is a valid thing, then let me know.
You see, I think the Democrat Party here in the United States is a terrorist organization. If bombing people based upon who they freely elect is a valid thing to do, does that mean I can start bombing Democrats?
Ahhhhhh, now you see how the argument against Hamas falls flat on its face!
One thing that is absolutely NOT being reported anywhere in the U.S. Media is WHY the rockets are being fired into Israel. Do you know why they're being fired? I do:
For over a year, Israel has sealed the borders of the West Bank and Gaza strip, not allowing anyone to work, earn money or - here's the real problem - get food deliveries IN.
The 1.4 million people inside Gaza are literally being starved to death by Israel.
The only way food has gotten in is through smuggling and not nearly enough can be smuggled in.
Let me ask you something: If someone was intentionally starving YOU to death, would you try to hurt them?
That's what is really taking place over in the cesspool known as Israel. Yet the U.S. Media isn't bothering to tell the American people about this. If the American people knew that Israel was intentionally starving over 1.4 million people to death, it would change the way the American people react, which would put pressure on the American government, which would then put pressure on Israel.
Here's the worst part: Even though the American people have been intentionally kept in the dark by the media, the U.S. government knows these facts and still does not intervene.
The American government knows that Israel has not allowed Palestinians to go to work for over a year. The American government knows that Israel has not allowed food shipments into Gaza or the West Bank for over a year. The American government knows that Palestinians have been starving to death. This is genocide, taking place right in front of us!
The American government has not only stood-by and done nothing to stop this genocide, they have actually aided and abetted it by supplying Israel with the weapons used to perpetrate the genocide.
The federal government is herewith reminded that there is no power delegated to the federal government by the Constitution, to enforce international genocide laws. They are further reminded that there is nothing in the Constitution prohibiting that power to the states.
As such, pursuant to Amendment Ten of the Constitution for the United States, the power to enforce international genocide laws falls to the states respectively or to the People.
As citizens, WE THE PEOPLE have the legal authority to enforce those genocide laws upon the federal government.
On January 20, 2009, there will be about four million of us citizens in Washington, DC. for the Inauguration. Wouldn't it be something if a hundred thousand of us came to Washington, DC with guns and decided to exercise our powers under the Tenth Amendment and arrest outgoing President Bush, the House of Representatives and the Senate for aiding and abetting genocide?
We would outnumber and outgun all your cops and soldiers.
I think it would be a really good idea for those of you in the U.S. federal government to reign-in the criminal state of Israel that you are presently aiding and abetting. In fact, I insist.
[Baca]
By Christopher Bollyn
"It's all just one big lie."
- Bernard Madoff to his sons about his $50 billion "Ponzi" scheme
Fraudster
Bernard L. Madoff was national treasurer of the American Jewish
Congress and Yeshiva University. So where did the $50 billion go?
The
latest massive financial scandal is the giant $50 billion pyramid or
"Ponzi" scheme run by a New York Zionist Jew, Bernard Lawrence Madoff.
How can anyone lose $50 thousand million? Where did the $50 billion
disappear to? Israel?
Madoff
told two "senior employees," i.e. his sons, Mark and Andrew, at his
apartment the night before his arrest that the Madoff hedge fund and
his investment advisory business was "basically, a giant Ponzi scheme,"
according to court documents. His investment fund business was
insolvent, and had been for years.
Many
of Madoff's victims were fellow Jews looking for consistent returns on
their investment, which his "Ponzi" scheme had been able to provide
until a large number of investors tried to withdraw some $7 billion
worth of funds in November. As the Wall Street Journal reported:
News
of money manager Bernard Madoff's alleged fraud sent shock waves
through upscale communities in the New York area and Florida where
wealthy individuals had entrusted billions of dollars to Mr. Madoff for
decades. Ira Roth, a New Jersey resident, who says his family has about
$1 million invested through Mr. Madoff's firm, is "in a state of
panic."
"This is going to kill so many people," said a current investor in Mr. Madoff's fund. "It's absolutely awful."
Many
of his clients knew Mr. Madoff personally but had little understanding
of his investment strategy, which reported remarkably consistent
returns of some 1% per month. They often referred to it as a "black
box."
Madoff
also allegedly said that the losses from the fraud were at least $50
billion, according to the criminal complaint. He told his sons that he
was "finished," and that he had "absolutely nothing" and "it's all just
one big lie."
WHERE DID THE MONEY GO?
So
who is Bernard L. Madoff? Apart from running his "investment company"
and being a former chairman and director of the National Association of
Securities Dealers (NASDAQ), Madoff is a very committed Jewish Zionist
who has served as the treasurer of two leading Zionist organizations.
Like Richard Fuld of Lehman Brothers, Sanford Weill of Citibank, and
Maurice Greenberg of A.I.G., the major culprits behind the $2 trillion
bail-out, Madoff is another New York Zionist Jew who has committed a
massive financial fraud and cheated Americans and others out of untold
billions of dollars.
From
the left: Bernard L. Madoff, Yeshiva University Board treasurer and
Board chairman, Syms School; Sy Syms, vice chairman, Board of Trustees;
and Josh S. Weston.
Madoff
is a former national treasurer of the American Jewish Congress (AJC) of
New York City, one of the major fund-raising organizations for the
state of Israel. Founded by the Hungarian Zionist rabbi Stephen S.
Wise, the AJC claims to be "the first Jewish Defense Agency to support
the establishment of a Jewish state" and boycott Germany in the 1930s.
Wise was a Zionist who had been trained at the Jewish Theological
Seminary in New York City, where Michael Chertoff's rabbi father and
grandfather also studied and taught.
Madoff
is also the treasurer of Yeshiva University, a private Jewish
university in New York City, where he is chairman of the board of the
university's business school, the Sy Syms School of Business, which he
has endowed with large donations, from his "Ponzi" scheme no doubt.
Belfer Hall is the main building at Yeshiva University. Isn't it lovely?
Madoff
has been a member of Yeshiva University’s Board of Trustees since 1996,
and was elected chairman of the board of Syms School of Business in
2000. (Yeshiva University is clearly trying to erase traces of Madoff
from their website, but the cached versions remain.) At Syms, where
Madoff is the chairman of the board, "Jewish tradition provides the
framework for consideration of ethical issues, an integral part of the
student's education." Does the "Jewish tradition" taught at Yeshiva U.
support giant "Ponzi" schemes like the one run by their chairman? Is
this the kind of business they teach the students at Syms? Cheat the
"goyim," i.e. non-Jews, and steal their money?
That
is exactly what the Talmud teaches, make no mistake about it. It is the
main reason that Jews have been despised and expelled from so many
nations throughout history.
Anyone
familiar with the teachings of the Talmud, i.e. "Jewish tradition,"
will know that such anti-Christian schemes are at the heart of such an
"education." This is why so many of the financial criminals involved in
the current Zionist-produced "credit crisis" are Jewish Zionists who
have been indoctrinated in such "Jewish traditions." The Zionist
criminals involved in 9-11 and the cover-up of the truth are all tied
to the Jewish Theological Seminary in New York, which is a similar
Zionist institution.
Yeshiva
University has a branch in Israel, as does the American Jewish
Congress. Madoff has been the main treasurer of both Zionist
institutions during the period he ran his giant "Ponzi" scheme. If
Madoff has lost billions of dollars, as is alleged, these institutions
should certainly be investigated as possible recipients of stolen
money. The Zionist criminal structure relies on its tax-exempt
"religious" network of schools and charities. These institutions are
the frame of the Zionist criminal and racist network and should be
investigated and closed if they are found to be teaching racist
ideologies. Jewish racism is no different than any other racism and
should not be tolerated in a free and democratic society like America
[Baca]
By Matthias Chang
Thinking & Common Sense
God gave us a brain to think, to think naturally and in simple terms, and not in a complicated way.
When we think naturally and use common sense to address problems we will be able to arrive at simple solutions.
But our education system tortures us mentally and forces us to think in complicated ways. Our teachers, economists, politicians and so-called experts in God and religion make mountains out of mole-hills, turning simple truths to complex arguments and “scientific theories and equations”.
These experts need to make things look difficult to survive and to make sure that we have to rely upon them for solutions. It is often said that, “in the land of the blind, the man with one eye is the King”.
Thinking used to be a pleasure and so very invigorating. But now experts have ensured that thinking is difficult and tiring, so burdensome, that we don’t think at all.
In the result, common sense is thrown out of the window, and we have been conditioned to rely on our mental crutch, the so-called experts to think for us.
How sad.
It Is So Difficult To Understand The Financial Crisis
Many have expressed to me that they are overwhelmed by the complexity of the global financial tsunami and are absolutely confused as to how to prepare and survive the crisis.
When I explained in simple terms, they refused to accept the explanations as to them “it was too simple. It must be more complicated as otherwise how can the crisis become a global fiasco?
Consider the following and my simple explanation:
1. financial engineering new ways of gambling
2. Investors gamblers (suckers at that)
3. Stock & Futures Markets casinos
4. Financial Analysts casinos’ salesmen / women
5. Bonds I.O.Us.
6. Banks Dishonest Money-lenders
(actual money-lenders licensed not as
banks, but as money-lenders, cannot
create “money out of thin air”. They have
to use their own capital – 100% to lend)
7. Currencies / fiat money toilet papers
8. Derivative markets ponzi scheme
So many people have difficulty accepting my explanations as the simple reality. This is even after the recent exposé of the US$50 Billion fraud by Bernard Madoff, the former chairman of NASDAQ. He declared to the FBI, that his scheme was essentially a Ponzi scheme (i.e. using one set of “investors’ money” to pay off an earlier set of “investors”).
Banks worldwide have collapsed!
Why?
Two reasons – (i) they gambled at the casino and lost trillions and (ii) almost all their borrowers that borrowed huge sums (leveraging 30 times or more i.e. if a borrower has $1 million capital, he can borrower $30 million) have defaulted.
Common sense tells us that if our income is only $X and we borrow 30 times in excess of $X, there is no way that we can repay the debt, unless our gambling bets pay out in excess of 30 times the original amount of $X.
Common sense tells us that if our total family monthly income is e.g. RM3,500, we cannot afford a lifestyle that requires a monthly expenditure of RM10,000 financed by credit-cards with only 5% monthly payment on the outstanding. When interests start piling up on the accumulated monthly outstanding, a point will be reached whereby the cardholder cannot even keep up with the payment of the interests. The cardholder defaults and he gets sued by the lawyers acting for the credit-card companies and or banks.
Common sense tells us that if you are conned into buying something allegedly worth US$500,000 when its actual value is US$5,000 and you borrowed to buy the inflated “asset”, there is no way that you will continue paying the installments and the interests on such an acquisition. The bank on the other hand is stuck with an “asset” supposedly worth US$500,000 but its actual worth is only US$5,000 or less.
Common sense tells us that the banks and the governments (fearing a systemic banking collapse) will lie and cover up the con-game until it cannot cover up anymore as too many banks are having the same problems and more importantly, the con-game cannot be covered-up anymore because borrowers are walking away and saying to the banks and governments – “Screw you! You conned us, you carry the shit.”
Common sense tells us that these so-called assets which “investors” have invested cannot be real assets, but mere papers masquerading as assets (such as CDOs, synthetic CDOs and CDO Squared – toilet papers). Therefore, so-called sophisticated “investors” were borrowing toilet papers to “invest” in toilet paper assets!
Common sense tells us, and thinking naturally and in simple terms will enable us to conclude, that only greedy people can be lured by such con-games and that when gambling at such casinos, these so-called sophisticated investors were not using common sense.
Common sense tells us that we, the remaining hardworking people should not allow any government to use our tax revenue to bailout such reckless and greedy b@#st@#ds.
Common sense tells us that when gamblers lose millions at the Las Vegas, Macau or Genting Highlands casinos, no government can justify and or dare to bailout such stupid and greedy gamblers. We would vote them out of office.
Common sense tells us that since all these “clever people” by their reckless, irresponsible and fraudulent conduct have destroyed the economy, they should be prosecuted and sent to jail and the keys thrown away!
Common sense tells us that a system that allows such frauds and gambling should be banned and made illegal.
Common sense tells us that when common thieves rob a jewelry shop or a bank, they are sentenced to long terms of imprisonment and whipped as well, these sophisticated thieves should be likewise be whipped and sent to prison for life imprisonment, as their destruction is a million times more devastating than the common thieves!
Common sense tells us that when times are hard, we should be prudent and thrifty to overcome and survive the hardships, so why are we encouraged to borrow more and more and to spend, spend and spend?
Common sense tells us that when a shop is offering a discount, a reduction in the price of a product, the shop-keeper is encouraging us to spend and buy the goods.
Common sense tells us therefore, interest charges and penalty interests are the cost of a debt / borrowings from the perspective of the borrower and revenues and profits, when the debt is fully paid, from the point of view of the lender.
Common sense tells us that it is not out of kindness that banks lower interest charges. Like the shop-keeper, it is to encourage more borrowings. More borrowings mean more debts and ultimately more profits for the bankers.
Common sense tells us that we should not get into debts unnecessarily and not to borrow to purchase things that are not within our income and our ability to repay.
Common sense tells us that we should not commit fraud and or be a party to a fraud.
Common sense tells us more importantly, not to be greedy and lust for material wealth.
Common sense tells us that we should be angry, very angry with the so-called “sophisticated and up-right people” who commit fraud and the regulatory authorities and political leaders who cover-up their crimes.
Finally, common sense tells us that we should take action to put a stop to these crimes and scandals.
Please use common sense and do something before it is too late!
[Baca]
By Matthias Chang
Tuesday, 30 December 2008 10:42
Get Rid Of The “Islamic Label” For The Struggle Of The Palestinians Is Not About Any Religion But For National Liberation From Zionist Anglo-American Oppression & Occupation
Over the years, I have held back my criticisms of the Palestinian Authority in the hope that they would strive to unite the Palestinian people to defeat Zionist Israel.
The last few years have witnessed the complete betrayal of the Palestinian liberation struggle by the so-called President of the Palestinian Authority, Mahmoud Abbas, the Zionist Anglo-American stooge! There were betrayals in the past but none so blatant and shameful as that of recent years, especially by this stooge!
This man is a traitor to the heroic struggle of the entire Palestinian nation. He must be brought to trial before a War Crimes Tribunal together with his criminal masters, Ariel Sharon, Ehud Barack etc. for the wanton slaughter of the people of Gaza and the West Bank.
In the last Palestinian General Elections, the majority of the people in Gaza voted for the Hamas government and booted out the corrupt Fatah-led government. It is not for us to judge the people’s choice. They have chosen and the world must respect that choice. This is the will of the people of Gaza.
Since the victory of the Hamas government, the Fatah leadership have collaborated with the Zionist leaders and other Arab leaders to undermine the popular will of the people of Gaza and the Hamas government.
This treachery by the Arab regimes in collusion with Mahmoud Abbas is a reflection of their fear that sooner or later the people in the Middle East will launch armed rebellion against their corrupt rule.
Their fear intensified when Lebanon under the leadership of Hizbullah struck a devastating blow to Israel’s grand design in the 2nd Lebanon War. Driven by panic and insecurity they colluded and connived with the Zionist Anglo-American war party to destroy the national liberation struggle of the Palestinian people.
The so-called Islamic nations never ceased to call for a jihad against the Zionist Anglo-American war party so as to cover-up their true intentions. They are all paying mere lip-service. Al-Qaeda, a CIA construct is financed by the Saudi regime and the War on Terror is but a cover to prolong the rule of corrupt Arab regimes in collusion with the Zionist Anglo-American war party.
The strategic mistake of the Palestinian Liberation Movement was their agreement with the Zionist Anglo-American war party to establish the Palestinian Authority, which was given a façade of “government authority” in exchange for the abandonment of armed struggle and the recognition by the Zionist Anglo-American colonial powers of their status.
Since that time, the Palestinian people have been living on hand-outs from countries near and far which have vested interests in the Middle East. The armed struggle collapsed and though there were the two Intifadas, these struggles were mere tactical resistance devoid of any strategic objectives. They were more of an expression of frustration and hopelessness than a coordinated strategic resistance with clear military and political objectives.
In fact they were devoid of political objectives. The leadership is even fearful of announcing their independence from Zionist Israel! So what is the use of having a “government” when it is not a government of an independent state but a Bantustan!
The sacrifices of thousands of young heroic fighters were betrayed by the Palestinian leadership.
The on / off armed resistance served and continue to serve both the interests of Israel and the corrupt Palestinian Authority Leadership. In the case of the former, the Zionists used the alleged threat to its survival to obtain more military aid from the US to further oppress the Palestinians and occupy the Holy Land. For the Palestinian Authority, the state-of-war tension enables its leaders to hold on to power and maintain the status quo.
The recent statement from the Fatah leadership that if Israel succeeds in liquidating the Hamas government, they would be ready to re-enter Gaza and assume power again, is the irrefutable evidence that Mahmoud Abbas and his subservient entourage are complicit in this wanton slaughter of their fellow Palestinians in Gaza.
I have often said that the Palestinians should learn from the experience of the valiant and heroic struggle of the Vietnamese people against the US if they desire final victory over the Zionist Anglo-American war party.
Palestinians must realize that it counts for nothing to be recognized by the UN and or countries supposedly sympathetic to its cause. If the Palestinian people need another country to emulate, look no further than Cuba. Years of sanctions by the Western powers have not cowed the people and although they may not have all the luxuries of the so-called developed nations, they have their independence and sovereignty and did not have to rely on hand-outs to survive.
What matters is total military victory in the battlefield and the establishment of the single state of Palestine. Such a state derives its own legitimacy, a legitimacy based on the just struggle for liberation and self-determination from fascist occupation and oppression.
The Palestinian people should turn their backs on the opportunistic and corrupt Arab regimes and all the so-called Islamic nations, and reject all their financial aid. This is because your resistance against the Zionist Anglo-American war party has indirectly prolonged the corrupt rule of these Arab and Islamic regimes.
The struggle of the Palestinian people is not the struggle of only the Palestinians of the Islamic faith. Palestinians of other faiths are in this heroic struggle as well. It is a struggle that cut across all faiths, race and culture. Palestinians should not fall into the trap of identifying itself with any specific religion. The Palestinian struggle is a glorious struggle for liberation and independence and the return to their rightful land and homes! Do not let the corrupt Arab regimes and so-called Islamic nations hijack your struggle for Islam.
It is these nations that have financed Muslim extremists to provide the Zionist Anglo-American war party a pretext to launch the War on Terror. And by their deviousness, they have succeeded in lumping your just struggle as “terrorism” and your heroic resistance army as “terrorists”.
This is the most evil propaganda waged against the Palestinian people. Get rid of the “Islamic label” for the struggle of liberation, dignity and independence has nothing to do with any specific religion. Look to the Vietnamese. The majority of the people are of the Buddhist faith but they never aligned their struggles as one between Buddhism and American Imperialism. It was a struggle for national liberation from colonial oppression! Period!
Justice and truth will be the Palestinians’ strongest allies, not hand-outs with strings attached. Resist the infection of corruption and the subservience of the Arab regimes and the so-called Islamic Nations to the Zionist Anglo-American war party.
Surviving without such hand-outs will not be easy. The struggle will initially be doubly hard and painful, but once the Palestinian people are focused on the right strategy, victory is assured.
The Arab and the so-called Islamic Nations have all betrayed your struggle. Do not mistake their token gesture of financial assistance and statements of support as genuine. These regimes have their own agendas and often they exploit your heroic struggle for domestic political agendas!
The reason is simple.
These regimes cannot be seen not to support your struggle as otherwise they would be condemned by their citizens. On the other hand, these cowards and hypocrites fear that in the event your heroic struggle succeeds, their own citizens may resort to armed struggle to seek justice and rid their country of corruption and feudal culture.
In the circumstances, Palestinians should not place their survival in the hands of these corrupt regimes. Do not be swayed by their call for a Jihad. It is easy to make such calls, but you need only to examine their actions in the last fifty years – which Arab or Islamic Nation have sent their so-called armies to assist your struggle?
The 1967 and 1973 wars against Israel were not waged for the liberation of Palestine, but for their own survival and insidious bargains with the devil incarnate – the Presidents and Prime Ministers of US and UK respectively!
Palestine and Palestinians have been made the “bargaining tools” of the corrupt Arab and Islamic Nations vis-à-vis the Western powers who lust for the oil riches – mere pawns in the geo-political chessboard!
Better to die with dignity than to live a life of slavery under the Zionist Anglo-American oppression and occupation.
There is but one way to succeed and achieve total victory:
SELF-RELIANCE AND UTMOST FAITH IN YOUR OWN STRENGTH AND RESILIENCE.
THE PATH IS CLEAR – WAGE PEOPLE’S WAR UNTIL TOTAL VICTORY.
[Baca]
RAMALLAH, West Bank — On the wall of
the Israeli government press office in Jerusalem on Monday was a stack
of yellow Post-it notes pasted one on top of the next, with the number
10,048 scrawled on the top one. That was the number of
Palestinian rockets and mortar shells fired into
Israel from Gaza since 2001.
It was quickly out of date, and other Post-its will soon be stacked on top.
For Israel, the tally has prompted internal debate about how to counter the threat from Hamas’s homemade rockets and those of other armed Palestinian factions.
For
Hamas, the very existence of that number in an Israeli office is an
achievement. As plumes of smoke rise from Gaza, it is Hamas that
dominates the television news and newspaper headlines.
It is
not only the publicity, but also the status conveyed on Hamas as the
Palestinians’ principal resistance. Its secular rival, Fatah,
sits on the sidelines, marginal to the violence unfolding in Gaza, from
which Hamas effectively expelled it at gunpoint in the summer of 2007.
The
questions remain: Why did Hamas end its six-month cease-fire on Dec.
19? Will it — can it — unleash suicide bombers into Israel in
retaliation? And will the devastation in Gaza make Palestinians fall
into line behind Hamas, as they reliably have in the past, or will
Hamas lose their support as Gazans count the escalating cost in blood
and destruction?
Even knowing that retaliation was certain, Hamas
seemed to end the cease-fire in part because of its longstanding
discipline and consistency. For years it has preached to Palestinians
the rejectionist credo that Fatah negotiated with Israel and got
nowhere; Hamas’s way of armed force, it argued year in and year out,
was the only way.
And so it appears that Hamas turned its logic against its own cease-fire: Hamas’s supreme leader, Khaled Meshal,
said on Saturday that the truce had yielded few results. If there were
no specific benefits — like freed prisoners or an end to Israeli
blockages on Gaza — then the option, again, was a return to violence.
It may also have calculated that the rockets into Israel — 60 in one
day — would restore its status among Palestinians as the champion of
“resistance” against the Zionist enemy, whose soldiers and settlers are
no longer in Gaza within reach of Hamas’s military wing.
A major question remains whether Hamas expected the shock-and-awe Israeli offensive that has left Gaza reeling.
The outcome, for the moment, is far from clear because neither side has yet deployed the full arsenal available to it.
Some
in Gaza believe Hamas wants Israeli soldiers to enter the Gaza Strip,
because it has had 18 months to smuggle weapons in through tunnels from
the Sinai since it seized control of the territory from Fatah. For the
last several years, after Israel’s pullout from Gaza in 2005 and its
erection of a barrier around the West Bank, it has been harder to
strike at Israelis.
Israel, though, is aware of the risks and will not reflexively mount a large-scale military return to Gaza.
As
Israeli tanks rumbled on the outskirts of Gaza and explosions and
machine-gun fire echoed through the night late on Monday, it is too
early to gauge the effect the renewed violence is having on Palestinian
opinion. The key issue is whether Palestinians will blame Israel for
raining fire down upon them, as Hamas hopes. Or blame Hamas for
provoking it, as Fatah, Israel and its Western allies hope.
Right now Palestinians are blaming Israel, loudly.
This
weekend, the Palestinian newspaper Al Hayat al Jadida printed a black
front page with a headline blaring: “1,000 Martyrs and Wounded in
Saturday Slaughter.”
More important is whether once away from
television cameras and foreign journalists, Palestinians will vote for
Hamas in presidential and parliamentary elections, both scheduled
roughly within a year.
At the Shuafat refugee camp on the
northern outskirts of Jerusalem on Sunday, masked Palestinian youths
burned tires and used slingshots to hurl stones at Israeli soldiers.
Mohammed,
13, predicted bloody Hamas reprisals. “Hamas will be the one that will
bomb green Egged buses, and we will go back to the way it was,” he
said, referring to the Israeli bus carrier that is often a target of
suicide bombers.
Others were more doubtful. Ahmad, 14, said he
supported “neither one nor the other,” complaining that Hamas and Fatah
spent too much time fighting each other instead of working for
Palestinian unity.
A few miles north in Ramallah anti-Israeli and
American sentiment was high among a small crowd of protesters gathered,
incongruously, beneath a Stars and Bucks Cafe. Even here, in Fatah’s
heartland, people said they admired Hamas for its willingness to take
on a regional superpower.
Challenged on the point that firing
highly inaccurate rockets from Gaza into Israel carried a huge cost in
retaliation, one 30-year-old Palestinian who refused to give his name
compared the attacks to the impotent yet defiant gesture of the Iraqi
journalist Muntader al-Zaidi, who has become a folk hero across the Arab world for throwing his shoes at President Bush.
Mustafa
Saleh, 37, said: “I am originally Fatah and my voice will always be
Fatah. But Hamas is resisting and we are a nation under occupation. I
support the resistance, even here in the West Bank.”
Hamas hopes such sentiments will bring it new supporters.
But
as he watched the protesters go by, Mohanad Salah, 42, said that
emotions would calm down. Palestinians were quite capable of wanting
Hamas-style “resistance” with their hearts but peace talks with their
heads, he said.
“The more military operations by Israel either
here or in Gaza, the more it will make people go away from wanting
agreements,” he said.
“But you should know that even after Israel
carried out this operation yesterday, if today it says ‘We want a
political solution, let’s reach an agreement,’ it would be completely
accepted by the majority of the Palestinian people,” Mr. Salah added.
Prime Minister Ehud Olmert’s
spokesman, Mark Regev, on Monday accused Hamas of inflicting suffering
upon its fellow Palestinians. In a conference call with journalists he
said the group was “holding hostage” ordinary Palestinians in Gaza just
as it was a quarter of a million citizens in southern Israel.
But
Hamas has in the past proved adept at deflecting such barbs. “Israel
and America say no to Hamas. What do you say?” read one Hamas 2006
election banner. The Palestinians gave one answer then. Whether they
give the same answer in 2009 or 2010 may depend on how the next few
weeks play out.
[Baca]
Beat Balzil, Armin Mahler, Christopher Pauly and Wolfgang Reuter
23 December 2008, Spiegel Online
The German government whipped its €480 billion bank bailout package through parliament in record time, but now the program has run into trouble. The banks are still fighting for survival, the money market isn't functioning properly, and taxpayers' money is being burned.
Who knows Claudia Hillenherms? Almost no one, and yet, for some time now, she has been one of the most powerful women in Germany.
To reach Ms. Hillenherms, one has to pass through a thick, heavy steel door. The painters have left their paint buckets standing in the stairwell of the historic building that belongs to Germany's central bank, the Bundesbank. Everything there smells new and seems temporary.
Until two months ago, the villa in the Taunusanlage park in Frankfurt was being used as a training site for six central bankers from developing countries. But then they were suddenly forced to move to a different location because the Special Fund for Financial Market Stabilization (Soffin) needed a home.
Now the building serves as the headquarters of Germany's bank bailout program. Soffin has been charged with making €480 billion ($672 billion) available to German financial institutions. Those who want a piece of the pie must deal with Claudia Hillenherms. Hillenherms, an accountant by trade and a specialist in the valuation of companies, is on loan from her employer, publicly-owned regional bank Landesbank Hessen-Thüringen (Helaba). At Helaba, she was responsible for managing the bank's takeover of a savings bank, Frankfurt Sparkasse.
Her new job as head of the financial stability measures is far more complex. In addition to protecting German financial institutions from failure, she has been charged with ensuring that the banks can continue to pursue their central purpose -- injecting money into the economy.
If this doesn't happen, government stimulus programs, no matter how large, will fail, and the foundations of the German economy will begin to crumble.
Hillenherms and Soffin Director Günther Merl, a former chairman of the board at Helaba, have already met dozens of bank representatives at the Frankfurt villa. "On some days, we sign off on a few billion here," says a senior member of the staff at Soffin who, despite the turbulent times, has preserved a modicum of respect for such big numbers.
To date, Soffin has approved government guarantees for €90 billion ($126 billion) in loans. After prolonged negotiations with the European Union, Soffin now plans to release the first equity assistance package, worth €8.2 billion ($11.5 billion), for the German bank Commerzbank.
Soffin has already received requests for at least another €100 billion ($140 billion) in liquidity assistance. Even German carmaker Volkswagen is now lining up for money.
Mounting Criticism
Nevertheless, criticism of Soffin's work is growing by the day. It is not always clear what exactly is meant by Soffin: the agency itself, which is regarded as rigid and bureaucratic, its government overseers, who give it little leeway and are believed to be deeply divided amongst themselves, or even the structure of the entire bailout package. Some consider its rules too harsh, because of the conditions attached to receiving financial assistance, while others see them as far too lax because they do not force banks to seek the government's protection.
The fact is that the banks' situation has hardly improved since the government decided to put up a protective umbrella for the entire banking sector. The €480 billion ($672 billion) package was approved by the government, whipped through the upper and lower houses of the German parliament and enacted -- all in the space of five days.
All German banks can now take advantage of government guarantees to secure liquidity and, if necessary, obtain capital directly from the government and dispose of risky securities as needed. The goal is to reestablish trust among the banks so that they begin lending money to each other again, a system that came to a standstill after the failure of the US investment bank Lehman Brothers. The hope is that if the banks regain liquidity and can refinance themselves at any time, they will resume their normal role of injecting cash into the economy.
The reality looks different. Bankers are loath to accept government protection out of fear of intervention into their business models and salaries. Those who do accept money complain that Soffin is slow to take decisions. Both circumstances reduce the effectiveness of the government's protective shield.
Piecemeal rescue
But what happens if the government's billions are spent and the banks are still in trouble? And what if the economy continues to tank and even large corporations can no longer borrow funds?
The rescue package was originally conceived as a protective shield for the entire industry. The government wanted to back off from its previous case-by-case approach, especially after it had been forced twice to rescue the ailing mortgage lender Hypo Real Estate (HRE), where prosecutors conducted searches of executives' offices and private homes last week.
Although Soffin has now been created, its attempt to bring about a general solution has proven to be a sum of case-by-case solutions -- and a bottomless pit.
HRE is still the most troublesome case. The mortgage bank is requesting new guarantees at a breathtaking pace. At first, the federal government and other financial institutions assembled a €50 billion ($70 billion) packet to provide the necessary liquidity and keep the Munich-based lender afloat.
A short time later, SoFFin was forced to approve an additional €20 billion ($28 billion) bailout. The next €10 billion ($14 billion) followed in early December. "What else is coming?" asks a concerned member of parliament, pointing out that a single institution cannot possibly absorb the bulk of the government rescue package.
HRE's management wants to begin by downsizing to a healthier level by cutting a third of the company's workforce of 1,800 people. Management's next step, if it had its way, would be split the company, with problematic subsidiary Depfa being nationalized and the remainder of HRE getting back to business. But the plan has encountered resistance from politicians who argue that the strategy would only benefit shareholders -- at taxpayers' expense.
Bundesbank President Axel Weber has proposed an alternative solution. To shore up the German bond market, specialty lenders like HRE or Aareal could be made subsidiaries of another bank or merged to form a single bond bank. In both cases, the government would have to reach deeply into the structures of the economy. So far, the government has shied away from taking on a restructuring of the banking industry.
It has also been sharply opposed to nationalizing financial institutions. The government would prefer not to become involved. It could have imposed a certain capital ratio on the banks, thereby forcing the publicly-owned Landesbank regional banks under the Soffin umbrella. It should not have given the banks any choice in the matter. Then it would have been able to force them to merge and develop new business models. Both are overdue, and yet no progress has been made.
A Waste of Taxpayers' Money
Instead, the damaged Landesbanken continue to plod along, frittering away taxpayers' money. HSH Nordbank is a case in point. For weeks now the bank, under new CEO Dirk Jens Nonnenmacher, has had its back to the wall, and it is believed to be facing a loss of up to €2 billion ($2.8 billion) for the year. At the end of November, after lengthy negotiations with Soffin, HSH Nordbank secured a liquidity guarantee for €30 billion ($42 billion).
Despite the government bailout, however, the Hamburg-based institution still has not managed to raise €3 billion ($4.2 billion) in the capital markets with a three-year corporate bond. Officially, the bank claims that the potential investors' books were already closed. In reality, says a Frankfurt banker, it was "the market's fatal vote of no confidence." In the same week, the major French bank BNP Paribas and the Italian bank Intesa Sanpaolo had no problems placing their new bonds -- without government guarantees.
The strike by investors shows that hardly anyone believes that the owners of HSH Nordbank want to or are capable of raising additional equity. Its government owners, Schleswig-Holstein and Hamburg, two financially strapped German states, are in dire straits. Among the other owners, the local savings banks want out completely, and US private investor J.C. Flowers is also proving to be uncooperative.
Deutsche CEO Accused of Stigmatizing Bailout
Insiders expect HSH to be knocking on Soffin's door in January. It is not likely to be the only one. This year's fourth quarter has been disastrous for banks. Even Deutsche Bank was hard-hit. According to estimates by JP Morgan, Deutsche Bank will have to write off an additional €2.3 billion ($3.2 billion), leading to widespread speculation over whether the industry leader will be able to manage without government funds in the long run.
Deutsche Bank CEO Josef Ackermann wants to avoid the walk to Soffin, only a few hundred meters from his corporate headquarters, at all costs. His name has been closely associated -- in good and bad ways -- with the government's rescue package from the beginning.
Ackermann was the first to call for a general bailout for the industry.
But the government is also convinced that Ackermann stigmatized the package when he said, at an internal event, that he would be ashamed to see his bank requesting help from the government.
Finance Minister Peer Steinbrück was livid when he heard the news. Ackermann, he said, had paved the way "for a two-class society in the banking sector: into those that don't need help and those that are at risk of relegation. This is dangerous, because the markets respond to it." A man like Ackermann should have known better.
At last the December 14 economic summit at the Chancellery, Ackermann proposed the idea of what he called a Bad Bank -- a government institution that would buy risky securities from the banks and hold onto them until they matured. In this way Deutsche Bank, too, could shed excessively high-risk securities without having to apply directly for government assistance.
It is already possible to transfer bad loans to Soffin as part of the rescue package. But no one has made use of this option yet, because the toxic loans can only be outsourced for three years, at which point they are transferred back. This restrictive provision led to the failure of talks between Postbank and Soffin. Postbank wanted to get rid of high-risk securities worth €5 billion ($7 billion). If the bank had agreed with Soffin, Deutsche Bank would also have benefited from the government bailout, because it recently became a major shareholder in Postbank.
Approaching Soffin directly would come at a heavy price for Deutsche Bank and its chief executive. Ackermann has stated his position so adamantly that he could hardly hold onto his job if his bank were forced to apply for government bailout funds.
Soffin already has its hands full. Hillenherms, who sees everything from minor exploratory inquiries ("What would it cost us to secure equity capital from you?") to urgent calls for help ("We'll be bankrupt tomorrow") cross her desk, is currently reviewing a preliminary inquiry from Aareal Bank. The publicly traded mortgage lender is not in critical straits but merely wants to recapitalize, says an individual familiar with the situation.
Aareal Bank has not submitted an official application yet, but its options include guarantees as well as equity capital injections from the government. The bank has declined to comment.
Too Slow
Many applicants complain that Soffin is taking far too long to process their requests. It can take weeks before they are even looked at, and applicants say that the decision-making criteria are vague.
The 21 employees at Soffin, most of them on temporary loan from the Bundesbank, see themselves as whipping boys, forced to take responsibility for everything that goes wrong in the bank rescue effort.
Karlheinz Bentele, the former president of a savings bank and a member of the managing board of Soffin, returned to his regular job after only a few weeks. Soffin Director Merl has yet to sign a valid contract, and the names of potential successors are already being mentioned in the industry, including that of former Finance Minister Hans Eichel. The source of the trouble is a tangible dispute over competencies. Even though Merl heads the managing board of Soffin, a steering committee must approve key decisions. The finance ministry and even the chancellery are involved in major cases.
A senior staffer at Soffin complains that the agency operates in a gray zone between business and politics. This is complicated by the fact that even the government's representatives cannot always agree on what the right approach should be.
The system cannot continue in its present form. The weaknesses are all too obvious, including those of the underlying legislation that created the system. As long as old toxic debt can only be outsourced for three years and is capped at €5 billion ($7 billion), a permanent clean-up will be impossible.
The risks continue to hover around the banks. Even senior Soffin representatives are now convinced that the creation of one or more Bad Banks, as Ackermann proposes, is inevitable. Finally, the government will have to clarify when and under what circumstances banks should be nationalized.
Most of all, however, the money market needs to be revitalized. Before the crisis, the banks would lend each other up to €500 billion ($700 billion) every day. This flow of money back and forth between banks during normal times is extremely important for the economic cycle. It ensures that the banks use the capital available to them in an optimal way. This, in turn, benefits corporate customers that require larger loans.
Conversely, if this interbank market no longer functions properly, the banks must stockpile liquidity -- that is, form reserves -- to be able to service all obligations at all times. As a result, they are left with little or no latitude for new business.
Mid-sized companies, in particular, are currently feeling the impact.
A government clearing house could be a possible solution to this problem. Banks would no longer lend money directly to other banks.
Instead, all cash would flow through this central clearing house and would be guaranteed by the government. The Bundesbank has been asked to examine such a measure, and the government plans to discuss it in January.
But what happens if this solution is also ineffective? Or if the banks start lending money to each other again, but not to companies, because they see commercial lending as too risky?
If that happens, the government will face calls to start lending money to companies directly.
[Baca]
Danny Schechter
Published on Tuesday 23 December, 2008 by CommonDreams.org
Talk about crazy making. How do we believe anything Hank Paulson says?
First, he needed $700 Billion, and fast, to buy up troubled assets or the skies would fall and we would be pressed to impose martial law. He found an appropriate acronym, TARP, to manage the money with a skeletal staff of 28 headed up by one of his former protégés at Goldman Sachs.
So Far, So Good,
But then he had himself a rethink, realizing that no one has a clue about how to price troubled assets considered practically worthless. So he had to a make a shift, "in the light of new facts," even though Congress never authorized the shift.
So Far, So Good.
He claimed this showed flexibility and a willingness to respond to new information. Never mind that that information was not new and kind of obvious to anyone paying close attention to the subprime fiasco.
So Far, So Good
Then Congress pumped a three-page proposal into a four hundred-page package. Once it was 'enhanced' will all kinds of pork and earmarks it was passed. Legislators screamed about the absolute necessity of oversight and transparency; after all, this is taxpayer's money. But then, they took a break to run for re-election without naming anyone to oversee Hank's new TARP or the taxpayer money. There seems to have been an oversight of oversight?
So far, Less Good
Paulson, then changed the playbook and started pumping a few billion here, and a few billion there into the coffers of financial institutions, many with lots of money already to recapitalize banks. The goal, we were told was to get them lending again.
There was a problem, though. Most banks didn't start lending because of fears of the risks to their own survival in the current economic free fall.
Partly that was because the government was not requiring any concessions except NON-Voting stock which gives it little leverage. The auto industry was expected to outline a reorganization plan to get the money. The banks had no such requirement.
A New York Times report from London explained:
"Some analysts said the idea that recapitalizing banks would repair the lending market was flawed from the beginning because it was contradictory. On the one hand, the policy was meant to make banks reduce risk. On the other, it pressured them to lend more which meant taking more risks."
So instead they diverted some of the money to satisfy their internal needs. An Associated Press investigation found: "Banks that are getting taxpayer bailouts awarded their top executives nearly $1.6 billion in salaries, bonuses, and other benefits last year." Many other banks would not disclose what they did with the money. Many of them have tightened credit, rather than loosened it.
Oops, not so good
"Treasury has bought preferred stock with no control rights," writes former Fed governor Alan Blinder. "...There are no public-purpose quid pro quos, such as a minimal lending requirement. So banks can just sit on the capital, which is what most of them have done, or use it to make acquisitions, as a few have....
So here we are, looking at an all-too-familiar story. The administration that brought you the Iraq war and the Katrina response is locking in another disaster before it leaves town."
Yikes...
"TAMING WILD BEASTS"
Historian Howard James goes further indicting the measures governments have been taking which he calls a "crescendo of ad hoc measures that several governments took throughout the fall: injecting liquidity, purchasing toxic assets, capitalizing banks, and, finally, nationalizing entire banking systems." He's skeptical that they will work.
"The $700 billion bailout announced by the U.S. Department of the Treasury in late September was designed to remove from banks' balance sheets mortgages and other securities that in some way corresponded to real houses. But it is still unclear today how these assets are to be valued or how that valuation might wind up benefiting or hurting their new owners. In the United States and in Europe, the hope is that governments will assume many of the risks inherent in this uncertain valuation -- and tame the wild beasts of the financial jungle through state-backed and state-run banking systems. To some, this is profoundly ironic.
As Russian President Dmitry Medvedev put it in September, the experience shows that "the move from self-regulating capitalism to financial socialism is only one step." American free-market capitalism was not supposed to look like this.
Recently, I met Princeton Professor James, who was speaking at an elite forum on the economy at the Council of Foreign Relations. I asked if he shared my belief that our financial system is permeated with crime, and that the financial crisis was engineered by banksters and white collar criminals. (This was before the Bernard Madoff revelations.) I expected the panel to be dismissive of such a "crude" suggestion in a room full of finance professionals, but he wasn't, and agreed publically that the problem is fraud problem is serious but that in times of prosperity, exposes are rarely pursued.
He now sees the US now emulating China-which is having a hard time too-with more state intervention. He thinks this is the direction we will be forced to move in and sees Beijing more than Washington as key to solving what is now a global mess.
This thought upsets guardians of the free market like finance expert Peter Schiff, Ron Paul's economic advisor and the man who was laughed at on TV when he warned of the current collapse. I spoke to him recently for the film I am making on the economic crisis based on my book, Plunder. He thinks the government has to stay out of markets even if that means businesses will collapse.
SCHIFF: What is happening right now, the credit crunch, the collapse of the real estate stocks, all these companies going bankrupt, this is not the problem. This is actually the solution. This is the consequence of the problem. The problem was that for years we ran this funny economy where we borrowed money to consume.
SCHECHTER: How could that be the solution? So many people are out of work, people are losing homes?
SCHIFF: Well, we have to rebalance our economy
The clash over macro-economic policy is mirrored in a debate over specific policies. Congress finally found an oversight person in Elizabeth Warren, the Harvard Professor and critic of consumer rip-offs. She says Paulson is not disclosing enough and just published a report with tough questions about Paulson's TARP.
Already the banking industry is fighting back, questioning her judgment and implying she is some kind of commie. Hedge Funder Tom Clark derides her concerns but doesn't refute them:
"The Professor doesn't just quibble with this lending practice or that one. She thinks the entire industry is diabolical. Warren apparently believes consumer lenders have some mystical, systematic advantage over consumers, which they see as their duty to exploit at every turn. Or, as she puts it, ‘Credit products aimed at both middle class and poor families are designed to trick them, trap them, and otherwise pick their pockets.'"
And so, as the Obama Administration is poised to take over, we have radically conflicting ideas of what to do. Should we help people or banks, Main Street or Wall Street, take new initiatives or recycle old ones, use interventionist government power or put all our eggs in ‘the market rules' basket?
The President-Elect's centrist appointments suggest he is buying into the prevailing Washington-Wall Street consensus that tilts towards the private sector with Wall Streeters as key advisors.
To be fair, the Obama Plan has yet to be spelled out. The Washington Post reports he has expanded it with a massive federal stimulus package and now hopes to create or preserve 3 million jobs over the next two years. He also has said Wall Street needs "adult supervision." Great phrase, but they will need more than that. Many banks are basically bankrupt; any recovery seems far off.
The only good news in this bleak picture is that Paulson, the Goldman Sachs miracle worker turned Donald Rumsfeld of the economy, is leaving soon, stage right. Despit his feverish initial demands, however, he just announced that he doesn't need another $350 Billion... at least for now. That was yesterday. Maybe he changed his mind.
That ball has been kicked into Barack's court.
Have the Bush-Paulson-Bernanke policies worked? Did the economy turn around on their watch or through the trillions spent by the Fed?
Not even close and maybe its time to TARP them all.
So far, not good at all.
[Baca]
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Office of The Press Secretary
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Sunday, 28 December 2008 00:41 |
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For Immediate Release
Office of the Press Secretary
19 December 2008
Conditioned Loans To The Domestic Auto Industry Will Enable Vital Restructuring, While Protecting The American Taxpayer
Today, President Bush announced that the Treasury Department will make
loans available from the Troubled Asset Relief Program (TARP) to assist
the domestic auto industry in becoming financially viable. The terms
and conditions of this financing will facilitate the restructuring of
our domestic auto industry, prevent disorderly bankruptcies during a
time of economic difficulty, and protect the taxpayer by ensuring that
only financially viable firms receive assistance.
•
These auto manufacturers will be provided with $13.4 billion in
short-term financing from the TARP. An additional $4 billion would be
made available in February, contingent upon drawing down the final
tranche of TARP funds.
• The firms must use these funds to become financially viable.
Taxpayers will not be asked to provide financing for firms that do not
become viable. In the event that firms have not attained viability by
March 31, 2009, the loan will be called and all funds returned to the
Treasury Department.
• A firm will only be considered viable if it has a positive net
present value, taking into account all current and future costs, and
can fully repay the government loan.
• The President's preference was not to use TARP funds to assist
these firms, but since Congress failed to act, executive branch action
is necessary.
Terms And Conditions
The binding terms and conditions established by the Treasury will
mirror those that were supported by a majority of both houses of
Congress, including:
o Firms must provide warrants for non-voting stock.
o Firms must accept limits on executive compensation and eliminate perks such as corporate jets.
o Debt owed to the government would be senior to other debts, to the extent permitted by law.
o Firms must allow the government to examine their books and records.
o Firms must report and the government has the power to block any large transactions (more than $100 million).
o Firms must comply with applicable Federal fuel efficiency and emissions requirements.
o Firms must not issue new dividends while they owe government debt.
The terms and conditions established by Treasury will include
additional targets that were the subject of Congressional negotiations
but did not come to a vote, including:
o Reduce unsecured debt by two-thirds via a debt for equity exchange.
o Make one-half of Voluntary Employee Beneficiary Association (VEBA) payments in the form of stock.
o Eliminate the jobs bank.
o Work rules that are competitive with transplant auto manufacturers by December 31, 2009.
o Wages that are competitive with those of transplant auto manufacturers by December 31, 2009.
These terms and conditions would be non-binding in the sense that
negotiations can deviate from the quantitative targets above, providing
that the firm reports the reasons for these deviations and makes the
business case that it will achieve long-term viability in spite of the
deviations. In addition, the firm will be required to conclude new
agreements with its other major stakeholders, including dealers and
suppliers, by March 31, 2009.
Effects Of A Domestic Auto Industry Failure
During this very critical time for the global economy, the impact of a
disorderly bankruptcy would be very damaging to our manufacturing base,
affecting jobs well beyond the auto industry. The additional job
losses and loss from Gross Domestic Product (GDP) would likely postpone
our economic recovery considerably. In addition, these effects could
multiply and result in additional declines in investment, consumption,
and growth, which could worsen the current recession.
• The direct costs of American automakers failing and laying off
their workers in the near term would result in a more than one-percent
reduction in real GDP growth and about 1.1 million workers losing their
jobs, including workers from auto suppliers and dealers. Many workers
would apply for unemployment benefits, and to the extent that retirees
and other workers lost health insurance, apply for Medicaid. These new
unemployment claims could cost about $13 billion and would likely add
sizeable costs to State Medicaid programs. Additionally, suppliers may
not be able to absorb losses from writing off the accounts payable owed
by auto manufacturers and may not be able to downsize quickly,
resulting in remaining auto companies having supply chains disrupted.
These effects on our economy could multiply as a result of the failure
of these companies.
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[Baca]
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The intelligence is not to say everything you know, but you must know everything you say.
Hope the day after tomorrow be better....


Helping Ladies across the street


Providing childcare.

Allowing them a place to rest (permanently)


Access to Health care.
Construction projects (demolition)


Respecting American and British pacifist resisters (such as American Rachel Corrie)



And others.

And
if you are not satisfied, now, with the truth the following pictures
are war crimes as defined by the UN, The Hague and the Geneva
Convention.
Using images of your enemy dead or alive (violation)

Human shields (violation)

Live Burial Torture (violation)

And as a last resort, Execution (violation)

These
IDF soldiers have faces... I can clearly see them...Cant you? Why are
they not being prosecuted? Because it is systematic process that is
driven by the government designed to force the people of Palestine into
exile so Israel can claim all the land and resources.
This where my American tax dollars are going, do you know where your
tax dollars are at? TAKE THE TIME TO FIND THE TRUTH. So many lives
depend on it I, like so many Americans, am Caucasian, non-Arab, and
religious. I can no longer sit back with good conscience and do nothing
while my government is supporting the types of terrorist actions that
we have condemned Muslim Fundamentalist for. Call your Congressman and
Senator, send an email to the White House and demand that our
government negotiate FAIRLY with both sides and bring a fair and just
solution to Palestine and Israel .
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[Baca]
D.W. MacKenzie
23 December 2008, Mises Institute
The Federal Reserve Bank has now undertaken unprecedented measures intended to "stimulate the economy." The federal funds rate is now set at 0.0 to 0.25%. This move by Federal Reserve Chairman Bernanke should be considered alarming for several reasons. First, this interest-rate reduction indicates that Federal Reserve economists are genuinely panicked regarding current economic conditions. Given that Chairman Bernanke and his staff are better informed than even most economists (let alone the public) and capable of differentiating good news from bad, this is cause for concern.
Second, this interest-rate reduction indicates that Chairman Bernanke and his staff are incapable of differentiating between good policy and bad policy. The Federal Reserve is pursuing a policy of inflation out of an erroneous fear of deflation. This is not to say that deflation is itself unlikely, but rather that the consequences of deflation are not what Chairman Bernanke expects.
Chairman Bernanke appears to be following the advice of recent Nobel Laureate Paul Krugman. According to Krugman, we have fallen into the "liquidity trap" as described by economist John Maynard Keynes. There are, however, real differences between what Keynes wrote and what Krugman now advocates. According to Keynes, when the "rate of interest has fallen to a certain level" where "almost everyone prefers holding cash to holding debt which yields so low a rate of interest," central banks can "lose effective control over the interest rate" (Keynes 1936, p. 207).
Keynes's liquidity trap represents a process whereby the public prefers cash to bonds. The public therefore responds to increases in the money supply in a way that neutralizes its effects; in other words, when the Federal Reserve increases the money supply, people increase their cash holdings in direct proportion to that increase.
Recent events indicate that the liquidity trap, as described by Keynes, does not exist. Keynes's theory suggests that in depressed economic conditions interest rates bottom out at some low-but-positive level. The actual reason for this is that people will want to avoid capital losses at some future date when interest rates rise. People therefore refuse to hold bonds at or near a rate of zero.
If this were true, the public would wield veto power over Federal Reserve policy. However, this appears not to be the case. The Federal Reserve has not lost control over short-term rates, even as they approach zero. The Federal Reserve is now looking at depressing long-term rates, and it is not at all clear that they will hit any minimum boundary if or when they drive these rates down. Contrary to what Professor Krugman has asserted, recent experience contradicts Keynes's theory of the liquidity trap.
Professor Krugman has, however, described a somewhat different type of liquidity trap. According to Krugman, increasing the money supply will fail to stimulate the economy in depression conditions. This is the same claim made by Keynes, but Krugman allows for the scenario where the Federal Reserve drives interest rates down to zero. At or near zero-percent interest rates, "some money is now held merely as a store of value, indistinguishable from bonds. And in that case any further increase in the money supply will have no effect; the economy will, in fact, be in the liquidity trap." In contrast to what Keynes wrote, Krugman allows for a situation where the public is indifferent between debt and cash. If short-term debt yields very little or no interest, then holding it generates the same return as ordinary cash or checking deposits.
There are three problems with this analysis.
Krugman has not explained why people would simply hold either cash or short-term debt in any amount produced by the Federal Reserve or other institutions. Krugman notes that the Federal Reserve must commit to holding interest rates low even after the recession ends (and inflation soars) in order for monetary policy to be effective. Here Krugman holds the wrong view of the right issue. The effects of Federal Reserve policy depend upon expectations in the cash/debt-holding public.
Krugman has erred by framing his discussion where the public considers only holding cash or debt and future and current prices. In his theory, the supply of actual consumer goods "drops as manna from heaven, so that consumption in each period is a given." In other words, capital does not exist in his theoretical world. This is an especially strange proposition in a theory that centers on explaining interest rates.
Even if Krugman is correct about the way the public would react to zero-percent interest rates, the fact remains that his theory is far enough from reality to render it irrelevant. Federal Reserve policy directly affects both consumer and business lending. While at this time businesses and banks are being cautious about lending, credit does continue to flow. The artificially low interest rates imposed by the Federal Reserve change the relative return on shorter- and longer-term business investment, as well as the relative return on short- and long-term consumer credit. Krugman merely assumes out of existence the possibility that low interest rates cause intertemporal discoordination. John Maynard Keynes made the exact same mistake in his lesser-known book A Treatise on Money.
Friedrich Hayek discredited Keynes's earlier book by pointing out that Keynes had attempted to explain money, interest rates, and cycles without addressing capital theory. Keynes advanced beyond his earlier book by incorporating his own crude theory of "the marginal efficiency of capital" into his famous General Theory of Employment, Interest, and Money. Keynesian theory, despite many faults, has not completely ignored capital. What Professor Krugman has done is to take Keynesian theory back to its capital-free roots. His theory is therefore incapable of addressing potential problems with how the business community will react to Chairman Bernanke's extreme interest-rate policy.
Another problem with Professor Krugman's analysis is that he assumes that prices are "sticky." Krugman more or less admits that if prices adjust freely, his policy of inflation is unnecessary. On the contrary, falling prices will increase purchasing power of money and restore prosperity. By this reasoning, an increase in the money supply will also increase purchasing power of money and restore prosperity.
The idea that prices are "sticky" and do not fall as demand falls should come as great comfort to homeowners. According to Krugman, housing values have not fallen. This is, however, bad news for consumers. The theoretical existence of sticky prices means that they have not actually found bargains during this shopping season. The fact of the matter is that many prices are falling, contrary to Krugman's assumption.
A final problem with Professor Krugman's assessment of our current situation is that he has ignored an important recent change in Federal Reserve policy. As of October 9, the Federal Reserve began paying interest on excess and required reserves. Professor Krugman is quite correct in his recent remarks regarding the buildup of excess reserves in US banks. He is wrong, however, to assume that this is evidence of a "liquidity trap" in the US financial system. Why should US banks go to the bother of loaning out all of their increased reserves to gain interest if the Federal Reserve is already paying them interest on their reserves?
The bottom line with Krugman's analysis is that he believes that current expenditures must be subsidized with negative interest rates if aggregate demand is to increase. This is impossible in his theory because at an interest rate of zero, bonds and money are perfect substitutes, and the public does not trust the Federal Reserve to allow for inflation after this recession ends.
The Federal Reserve has not actually stumbled into either a Keynesian or Krugman-type liquidity trap. The Federal Reserve has actually created an "inflation trap," whereby today's low interest rates have set us on a course of a future inflationary credit boom, which will be followed by either higher interest rates or hyperinflation and a subsequent crisis. Fortunately, banks have not unleashed the massive amount of reserves that now exist in the banking system.
To many economists, the fact that the Fed has loaded banks with reserves without dramatically increasing actual credit is a good thing. But this view overlooks the problems caused by artificially low interest rates, as well as the potential for banks to convert their excess reserves into loans, as banks perceive gain by substituting loan interest for interest paid on reserves by the Fed.
The bottom line is that Professor Krugman has offered exactly the wrong advice. The Federal Reserve should not make a credible commitment to future inflation as a means of stimulating aggregate demand. The Federal Reserve should instead reverse its low-interest-rate policy before it increases the level of discoordination in the economy.
[Baca]
Drake Bennett
(FF Editorial: In the past few weeks, I have been relentless and merciless in my criticisms of economists especially Nobel Laureates who creates mathematical models to forecast volatility and prices for derivative products. No less, a bunch of pseudo scientists who got it so wrong on the global financial tsunami. For long they have got away with their nonsensical theories about the market especially the derivative market. It is no consolation that these charlatans are now questioning their very own relevance. The accompanying article should shut up my critics who swallow whatever shit that is unloaded by the so-called experts. This was most evident when an economist, no less than a Nobel Laureate was in Kuala Lumpur to spin his discredited theories. To my critics, God gave you a brain. Use it!)
The deepening global economic downturn has been hard on a lot of people, but it has been hard in a particular way for U.S. economists.
For most people, pain and apprehension have been mixed with amazement at the complexity of what has unfolded: the dense, invisible lattice connecting home prices to insurance companies to job losses to car sales, the inscrutability of the financial instruments that helped spread the poison, the sense that the ratings agencies and regulatory bodies were overmatched by events, the recent wild gyrations of stock markets.
It is hard enough to understand what is happening, and it seems absurd to think we could have seen it coming beforehand. The vast majority of us, after all, are not experts.
But academic economists are. And with very few exceptions, they did not predict the crisis, either. Some warned of a housing bubble, but almost none foresaw the resulting cataclysm. An entire field of experts dedicated to studying the behavior of markets failed to anticipate what may prove to be the biggest economic collapse of our lifetime. And now that we are in the middle of it, many frankly admit that they are not sure how to prevent things from getting worse.
As a result, there is a sense among some economists that as they try to figure out how to fix the economy, they are also trying to fix their own profession.
The discussion has played out in blog posts and opinion pieces, in U.S. congressional testimony, at conferences and in working papers. A field that has increasingly been defined, at least in the public eye, by quirky studies explaining the economics of our everyday lives has turned decisively, in the past couple months, to more traditional economic turf.
And at U.S. economics powerhouses like Harvard, Massachusetts Institute of Technology and the University of Chicago, faculty lunch discussions that once might have centered on theoretical questions and the finer points of Bayesian analysis are now given over to dissecting bailout plans. Long-held ideas - about the stability of the business cycle, the resilience of markets and the power of monetary policy - are being challenged.
"Everyone that I know in economics, and particularly in the worlds of academic finance and academic macroeconomics, is going back to the drawing board," said David Laibson, a Harvard economist. "There are very, very, very few economists who can be proud."
A few suggest, as well, that there are deeper problems in the discipline. U.S. economists are asking aloud whether the field has grown too specialized, too abstract and too divorced from the way real-world economies actually function. They argue that many models used to predict the dynamics of financial markets or national economies have been scrubbed clean, in the interest of theoretical elegance, of the inevitable erraticism of human behavior.
As a result, the analytical tools of the trade offer little help in a crisis and have little to say about the sort of collapses that led to this one.
"You can't just say, 'I have a model for tremors that works great - I just can't explain earthquakes,"' said Kenneth Rogoff, an economist at Harvard who has studied financial crises.
Historically, periods of severe economic distress have shaken up economics and helped drive its evolution. And amid the current crash, there is an urgent search for approaches and models that might better illuminate ways to speed the recovery, forecast future meltdowns and help better describe the unruly flow of money.
The question of how well economists can model crises takes on an even greater importance because of the central role economic experts will play in the U.S. administration of President-elect Barack Obama - not only at the Federal Reserve, the Council of Economic Advisers and the Treasury Department, but in the Economic Recovery Advisory Board, a newly formed body created by Obama and led by the former Fed chairman Paul Volcker.
Obama has a reputation for placing a great deal of stock in expertise and the power of data. For better or worse, the evolving understanding of economic breakdowns will have ample opportunity to test itself against the real thing.
Along with everything else they have done, the financial meltdown and economic slump have spurred unprecedented political attention and participation by economists.
"In my lifetime as an economist I've never seen economists so engaged by what's going on," said Richard Thaler of the University of Chicago. "At the University of Chicago people always talk economics at lunch, but for the last three months they've all been talking about the crisis and the bailout and writing op-eds."
This is something of a change. The topics economists study often have little to do with the average person's economic life. As in almost any academic field, practical relevance sometimes has little to do with judgments about what questions are most interesting and rewarding.
This divergence was exacerbated, many economists say, during the span of almost uninterrupted economic growth that began in the late 1980s, a period when many practical questions in the making of economic policy came to be seen as having been settled. For years, leading economic figures like Lawrence Summers and Alan Greenspan argued that the United States had more or less brought the business cycle to heel.
Partly as a result, many bright young economists turned to questions that were quirkier, or more purely mathematical. To the wider public, the most visible ramification of this was the boom in papers and books about the economics of everyday life. Economists like Steven Levitt of the University of Chicago, Ray Fisman of Columbia, Edward Miguel of the University of California, Berkeley, and Justin Wolfers of the University of Pennsylvania used economics as a forensic tool to examine family dynamics, speed-dating, parking scofflaws, basketball games and the life choices of street criminals.
For those who stayed on more traditional economic turf, however, the trend was toward narrower and more abstract questions. Financial economists set out to figure out why it was that stocks earned more than bonds or to devise better ways of calculating the correlation between the price of a single asset and the price of the market it was part of.
Wolfers, being an economist, describes these intellectually challenging but less policy-relevant questions as a sort of scholarly luxury good. "During good times we all consume more luxuries," he said, "but during a bad economy, it feels to macroeconomists that what we should be doing is stuff to help today."
Some economists have suggested that this focus may account for the failure of so many to see the warning signs of the financial crisis and to predict the size and scope of its fallout.
Others see a broader problem, in that the sort of behavior that has been seen in everyone from home buyers to investment bankers in recent months is hard to fit into economists' analytical tools. The models used by macroeconomists do a poor job of describing the messiness of an actual market in flux.
As a result, economists end up oversimplifying such situations when they model them - or simply avoid studying them at all.
"We have a very restrictive set of language and tools, and we tend to work on the problems that are easily addressed with those tools," said Jeremy Stein, a financial economist at Harvard. "Sometimes that means we focus on silly questions and ignore greater ones."
[Baca]
Walden Bello
Sunday, 28 December 2008 00:04
Not surprisingly, the swift unraveling of the global economy combined with the ascent to the U.S. presidency of an African-American liberal has left millions anticipating that the world is on the threshold of a new era. Some of President-elect Barack Obama’s new appointees – in particular ex-Treasury Secretary Larry Summers to lead the National Economic Council, New York Federal Reserve Board chief Tim Geithner to head Treasury, and former Dallas Mayor Ron Kirk to serve as trade representative – have certainly elicited some skepticism. But the sense that the old neoliberal formulas are thoroughly discredited have convinced many that the new Democratic leadership in the world’s biggest economy will break with the market fundamentalist policies that have reigned since the early 1980s.
One important question, of course, is how decisive and definitive the break with neoliberalism will be. Other questions, however, go to the heart of capitalism itself. Will government ownership, intervention, and control be exercised simply to stabilize capitalism, after which control will be given back to the corporate elites? Are we going to see a second round of Keynesian capitalism, where the state and corporate elites along with labor work out a partnership based on industrial policy, growth, and high wages – though with a green dimension this time around? Or will we witness the beginnings of fundamental shifts in the ownership and control of the economy in a more popular direction? There are limits to reform in the system of global capitalism, but at no other time in the last half century have those limits seemed more fluid.
President Nicolas Sarkozy of France has already staked out one position. Declaring that “laissez-faire capitalism is dead,” he has created a strategic investment fund of 20 billion euros to promote technological innovation, keep advanced industries in French hands, and save jobs. “The day we don’t build trains, airplanes, automobiles, and ships, what will be left of the French economy?” he recently asked rhetorically . “Memories. I will not make France a simple tourist reserve.” This kind of aggressive industrial policy aimed partly at winning over the country’s traditional white working class can go hand-in-hand with the exclusionary anti-immigrant policies with which the French president has been associated.
Global Social Democracy
A new national Keynesianism along Sarkozyan lines, however, is not the only alternative available to global elites. Given the need for global legitimacy to promote their interests in a world where the balance of power is shifting towards the South, western elites might find more attractive an offshoot of European Social Democracy and New Deal liberalism that one might call “Global Social Democracy” or GSD.
Even before the full unfolding of the financial crisis, partisans of GSD had already been positioning it as alternative to neoliberal globalization in response to the stresses and strains being provoked by the latter. One personality associated with it is British Prime Minister Gordon Brown, who led the European response to the financial meltdown via the partial nationalization of the banks. Widely regarded as the godfather of the “Make Poverty History” campaign in the United Kingdom, Brown, while he was still the British chancellor, proposed what he called an “alliance capitalism” between market and state institutions that would reproduce at the global stage what he said Franklin Roosevelt did for the national economy: “securing the benefits of the market while taming its excesses.” This must be a system, continued Brown, that “captures the full benefits of global markets and capital flows, minimizes the risk of disruption, maximizes opportunity for all, and lifts up the most vulnerable – in short, the restoration in the international economy of public purpose and high ideals.”
Joining Brown in articulating the Global Social Democratic discourse has been a diverse group consisting of, among others, the economist Jeffrey Sachs, George Soros, former UN Secretary General Kofi Annan, the sociologist David Held, Nobel laureate Joseph Stiglitz, and even Bill Gates. There are, of course, differences of nuance in the positions of these people, but the thrust of their perspectives is the same: to bring about a reformed social order and a reinvigorated ideological consensus for global capitalism.
Among the key propositions advanced by partisans of GSD are the following:
• Globalization is essentially beneficial for the world; the neoliberals have simply botched the job of managing it and selling it to the public;
• It is urgent to save globalization from the neoliberals because globalization is reversible and may, in fact, already be in the process of being reversed;
• Growth and equity may come into conflict, in which case one must prioritize equity;
• Free trade may not, in fact, be beneficial in the long run and may leave the majority poor, so it is important for trade arrangements to be subject to social and environmental conditions;
• Unilateralism must be avoided while fundamental reform of the multilateral institutions and agreements must be undertaken – a process that might involve dumping or neutralizing some of them, like the WTO’s Trade-Related Intellectual Property Rights Agreement (TRIPs);
• Global social integration, or reducing inequalities both within and across countries, must accompany global market integration;
• The global debt of developing countries must be cancelled or radically reduced, so the resulting savings can be used to stimulate the local economy, thus contributing to global reflation;
• Poverty and environmental degradation are so severe that a massive aid program or “Marshall Plan” from the North to the South must be mounted within the framework of the “Millennium Development Goals”;
• A “Second Green Revolution” must be put into motion, especially in Africa, through the widespread adoption of genetically engineered seeds.
• Huge investments must be devoted to push the global economy along more environmentally sustainable paths, with government taking a leading role (“Green Keynesianism” or “Green Capitalism”);
• Military action to solve problems must be deemphasized in favor of diplomacy and “soft power,” although humanitarian military intervention in situations involving genocide must be undertaken.
The Limits of Global Social Democracy
Global Social Democracy has not received much critical attention, perhaps because many progressives are still fighting the last war, that is, against neoliberalism. A critique is urgent, and not only because GSD is neoliberalism’s most likely successor. More important, although GSD has some positive elements, it has, like the old Social Democratic Keynesian paradigm, a number of problematic features.
A critique might begin by highlighting problems with four central elements in the GSD perspective.
First, GSD shares neoliberalism’s bias for globalization, differentiating itself mainly by promising to promote globalization better than the neoliberals. This amounts to saying, however, that simply by adding the dimension of “global social integration,” an inherently socially and ecologically destructive and disruptive process can be made palatable and acceptable. GSD assumes that people really want to be part of a functionally integrated global economy where the barriers between the national and the international have disappeared. But would they not in fact prefer to be part of economies that are subject to local control and are buffered from the vagaries of the international economy? Indeed, today’s swift downward trajectory of interconnected economies underscores the validity of one of anti-globalization movement’s key criticisms of the globalization process..
Second, GSD shares neoliberalism’s preference for the market as the principal mechanism for production, distribution, and consumption, differentiating itself mainly by advocating state action to address market failures. The kind of globalization the world needs, according to Jeffrey Sachs in The End of Poverty, would entail “harnessing…the remarkable power of trade and investment while acknowledging and addressing limitations through compensatory collective action.” This is very different from saying that the citizenry and civil society must make the key economic decisions and the market, like the state bureaucracy, is only one mechanism of implementation of democratic decision-making.
Third, GSD is a technocratic project, with experts hatching and pushing reforms on society from above, instead of being a participatory project where initiatives percolate from the ground up.
Fourth, GSD, while critical of neoliberalism, accepts the framework of monopoly capitalism, which rests fundamentally on deriving profit from the exploitative extraction of surplus value from labor, is driven from crisis to crisis by inherent tendencies toward overproduction, and tends to push the environment to its limits in its search for profitability. Like traditional Keynesianism in the national arena, GSD seeks in the global arena a new class compromise that is accompanied by new methods to contain or minimize capitalism’s tendency toward crisis. Just as the old Social Democracy and the New Deal stabilized national capitalism, the historical function of Global Social Democracy is to iron out the contradictions of contemporary global capitalism and to relegitimize it after the crisis and chaos left by neoliberalism. GSD is, at root, about social management.
Obama has a talent for rhetorically bridging different political discourses. He is also a “blank slate” when it comes to economics. Like FDR, he is not bound to the formulas of the ancien regime. He is a pragmatist whose key criterion is success at social management. As such, he is uniquely positioned to lead this ambitious reformist enterprise.
Reveille for Progressives
While progressives were engaged in full-scale war against neoliberalism, reformist thinking was percolating in critical establishment circles. This thinking is now about to become policy, and progressives must work double time to engage it. It is not just a matter of moving from criticism to prescription. The challenge is to overcome the limits to the progressive political imagination imposed by the aggressiveness of the neoliberal challenge in the 1980s combined with the collapse of the bureaucratic socialist regimes in the early 1990s. Progressives should boldly aspire once again to paradigms of social organization that unabashedly aim for equality and participatory democratic control of both the national economy and the global economy as prerequisites for collective and individual liberation.
Like the old post-war Keynesian regime, Global Social Democracy is about social management. In contrast, the progressive perspective is about social liberation.
Walden Bello is a columnist for Foreign Policy In Focus, a senior analyst at the Bangkok-based Focus on the Global South, president of the Freedom from Debt Coalition, and a professor of sociology at the University of the Philippines
[Baca]
By Stanley White and Shigeki Nozawa
December 24, 2008 Bloomberg
(FF Editorial: In the article “The Real Significance of The Fed’s Zero-Interest-Rate Policy…” Matthias Chang warned that the US will not be able to service its interest payments, what more its principal debts, which are running in the trillions. The US is bankrupt, totally bankrupt – a basket case, a banana republic. It is in fact very much like a third world country that may have to beg for “debt forgiveness”. The article below is a wake-up call to the harsh reality of the financial fiasco that has visited the US. Future Fast-Forward is the first to recognize this reality. It has now been corroborated independently. Anymore debates on this issue?)
Japan should write-off its holdings of Treasuries because the U.S. government will struggle to finance increasing debt levels needed to dig the economy out of recession, said Akio Mikuni, president of credit ratings agency Mikuni & Co. (Emphasis added)
The dollar may lose as much as 40 percent of its value to 50 yen or 60 yen from the current spot rate of 90.40 today in Tokyo unless Japan takes “drastic measures” to help bail out the U.S. economy, Mikuni said. Treasury yields, which are near record lows, may fall further without debt relief, making it difficult for the U.S. to borrow elsewhere, Mikuni said. (Emphasis added)
“It’s difficult for the U.S. to borrow its way out of this problem,” Mikuni, 69, said in an interview with Bloomberg Television broadcast today. “Japan can help by extending debt cancellations.” (Emphasis added)
The U.S. budget deficit may swell to at least $1 trillion this fiscal year as policy makers flood the country with $8.5 trillion through 23 different programs to combat the worst recession since the Great Depression. Japan is the world’s second-biggest foreign holder of Treasuries after China.
The U.S. government needs to spend on infrastructure to maintain job creation as it will take a long time for banks to recover from $1 trillion in credit-market losses worldwide, Mikuni said. The U.S. also needs to launch public works projects as the Federal Reserve’s interest rate cut to a range of zero to 0.25 percent on Dec. 16. won’t stimulate consumer spending because households are paying down debt, he said.
U.S. President-elect Barack Obama wants to create 3 million jobs over the next two years, more than the 2.5 million jobs originally planned, an aide said on Dec. 20. Obama takes office on Jan. 20.
Marshall Plan
Japan should also invest in U.S. roads and bridges to support personal spending and secure demand for its goods as a global recession crimps trade, Mikuni said.
Japan’s exports fell 26.7 percent in November from a year earlier, the Finance Ministry said on Dec. 22. That was the biggest decline on record as shipments of cars and electronics collapsed.
Combining debt waivers with infrastructure spending would be similar to the Marshall Plan that helped Europe rebuild after the destruction of World War II, Mikuni said.
“U.S. households simply won’t have the same access to credit that they’ve enjoyed in the past,” he said. “Their demand for all products, including imports, will suffer unless something is done.”
The plan was named after George Marshall, the U.S. secretary of state at the time, and provided more than $13 billion in grants and loans to European countries to support their import of U.S. goods and the rebuilding of their industries
Currency Reserves
The Japanese government could use a new Marshall Plan as a chance to shrink its $976.9 billion in foreign-exchange reserves, the world’s second-largest after China’s, and help reduce global economic imbalances, Mikuni said.
The amount of foreign assets held by the Japanese government and the private sector total around $7 trillion, Mikuni said.
Japan will also have to accept that a stronger yen is good for the country in order to reduce excessive trade surpluses and deficits, he said. The yen has appreciated 23 percent versus the dollar this year, the most since 1987, as the credit crisis prompted investors to flee riskier assets and repay loans in the Japanese currency.
“Japan’s economic model has been dependent on external demand since the Meiji Period” that began in 1868, Mikuni said. “The model where the U.S. relies on overseas borrowing to fuel its property market is over. A strong yen will spur Japanese domestic spending and reduce import prices, thereby increasing purchasing power.”
[Baca]
STIGMA sosial atau tanggapan negatif masyarakat ialah satu komponen penting dalam usaha merawat ketagihan opioid.
Sama seperti kemudahan dan kemampuan mendapatkan rawatan, tanggapan
negatif juga memberikan kesan ketara yang boleh menentukan sama ada
seseorang individu akan keluar daripada kepompongnya untuk mendapatkan
rawatan.
Tanggapan negatif yang dimaksudkan bukan setakat ejekan atau
panggilan nama, ia turut membabitkan tingkah laku bukan berbentuk
lisan, seperti mengelakkan, mengasingkan atau menolak kehadiran
individu atau kumpulan penagih.
Walaupun berbentuk tidak ketara, stigma mempengaruhi masyarakat.
Apabila dilihat dengan secara positif, tanggapan seperti ini mungkin
menghalang kelakuan yang tidak diingini, memastikan orang ramai
mengelakkan diri daripada melakukan aktiviti yang tidak diterima dalam
masyarakat.
Bagaimanapun, dalam sesetengah kes, tanggapan negatif memberi kesan
sebaliknya dan menyebabkan orang yang tidak diterima masyarakat untuk
terus terjerumus dalam situasi yang tidak sihat dan berbahaya.
Tanggapan negatif mungkin berkaitan dengan kumpulan berbeza, bagi
individu yang bergantung kepada opioid, kebimbangan dan rasa malu
terhadap reaksi ahli keluarga, rakan dan masyarakat boleh menyebabkan
mereka tidak mendapatkan rawatan sedangkan usaha untuk menyembunyikan
ketagihan mereka hanya memburukkan lagi keadaan.
Kebimbangan dipandang serong oleh masyarakat merupakan faktor
pendorong utama merahsiakan masalah mereka kerana penagih amat sukar
untuk mengakui masalah tersebut, khususnya kepada orang tersayang.
Namun, untuk membolehkan pemulihan bermula, penagih perlu mengakui
dirinya mengalami masalah ketagihan dan perlu mendapatkan bantuan.
* Mengapa tanggapan negatif wujud?
Istilah yang mempunyai unsur negatif seperti ‘kaki ganja’ adalah
nama yang kita sering dengar apabila menggambarkan seseorang yang
ketagih opioid.
Malah istilah ‘penagih’ juga memberikan tanggapan kurang baik kerana digunakan dalam nada negatif.
Tanggapan buruk terhadap sekumpulan individu berlaku apabila keadaan dan cabaran yang dihadapi sesuatu kumpulan tidak difahami.
Dalam kes individu yang bergantung pada opioid, orang ramai
mempunyai tanggapan salah bahawa mereka lemah, tidak mempunyai
perwatakan yang kuat atau tidak bertanggungjawab semata-mata.
Perkara yang kurang difahami umum ialah ketagihan opioid ialah satu
masalah perubatan, iaitu penyakit yang menjejaskan fungsi otak
individu.
* Ketagihan opioid satu penyakit?
Penggunaan opioid memberikan perasaan gembira melampau yang tidak
berasas atau euforia yang ketara kerana ia mencetus pengeluaran dopamin
di dalam otak.
Bahan yang sama dibebaskan apabila kita melakukan sesuatu aktiviti
yang menyeronokkan tetapi kehebatan euforia yang dicetus oleh opioid
jauh mengatasi perasaan gembira biasa.
Dengan penggunaan berpanjangan, otak menagih perasaan di awang-awang yang hanya boleh dicapai apabila mengambil opioid.
* Mengurangkan tanggapan negatif masyarakat
Malaysia terkenal kerana tindakan serius menentang penyalahgunaan dadah, dan hukuman berat dikenakan kerana memiliki dadah.
Dalam usaha mencegah penyalahgunaan dadah yang semakin berleluasa di
kalangan penduduk, imej negatif penagihan dadah dipaparkan, pada
asasnya dengan menggunakan tanggapan negatif sebagai cara untuk
menghalang orang lain daripada menagih dadah.
Pendekatan ini dikukuhkan lagi dengan tanggapan negatif masyarakat
terhadap individu yang mengalami ketagihan dan kebergantungan kepada
dadah.
Namun begitu, gambaran yang dipaparkan kini semakin baik. Selain
menunjukkan kesengsaraan seseorang yang mengalami ketagihan, turut
ditunjukkan adalah imej kehilangan yang dialami seseorang, seperti
kesihatan dan keluarga mereka, yang jelas memperlihatkan kesannya yang
tidak dijangka atau diharapkan penagih.
Gambaran ini menyemai idea bahawa individu yang mengalami masalah
ketagihan bukannya seseorang yang lemah atau menagih dengan rela hati,
sebaliknya mereka juga mangsa.
Usaha ini merupakan satu langkah kecil untuk mengatasi tanggapan
negatif terhadap ketagihan dan kebergantungan kepada dadah tetapi
seperti semua usaha lain, ini hanyalah langkah permulaan.
Siri iklan tersebut dengan sendirinya tidak dapat menepis tanggapan
negatif yang telah wujud berdekad-dekad lamanya, justeru pendidikan
memainkan peranan penting untuk membetulkan dan mengurangkan tanggapan
negatif dan diskriminasi.
Lebih penting lagi, perubahan persepsi boleh membawa manfaat yang ternyata tidak dapat dicapai oleh undang-undang.
* Merawat masalah ketagihan
Ramai yang mungkin terkejut mengetahui bahawa ketagihan dadah ialah
masalah perubatan yang boleh dirawat dengan selamat dan berkesan.
Satu pilihan rawatan yang dikenali sebagai terapi penggantian dadah
(DST) membolehkan individu dirawat dengan ubat untuk mengurangkan
keinginan terhadap dadah, tetapi tanpa euforia yang dikaitkan dengan
penggunaan dadah sebenar.
Dengan cara ini, kebergantungan otak kepada kesan dadah akan
berkurangan secara beransur-ansur sehinggalah akhirnya individu
berkenaan mampu menjauhkan diri sepenuhnya daripada dadah.
Rencana ini disumbangkan oleh Persatuan Psikiatri Malaysia (MPA)
sebagai menyokong kempen Jiwa Baru; satu inisiatif pendidikan awam bagi
merawat ketagihan opioid.
[Baca]
Kehamilan terancang kesihatan reproduktif

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Keluarga dapat merancang bilangan dan menetukan jarak kelahiran anak dengan mengguna pencegah kehamilan.
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PENCEGAH kehamilan atau kontrasepsi ialah satu proses menghalang
persenyawaan atau mencegah atau memperlambatkan percantuman sperma dan
telur. Kontrasepsi kini semakin menjadi trend masyarakat untuk
merancang keluarga. Ia bukan sahaja memberi kebaikan kepada keluarga
dan komuniti untuk membina kesihatan reproduktif.
Kesihatan reproduktif adalah keadaan sihat dari segi fizikal, mental
dan sosial dan bukan hanya kerana tiada penyakit dalam semua perkara
yang berkaitan dengan sistem reproduktif, fungsi dan prosesnya.
Malaysia kini mempunyai seramai 14.05 juta penduduk wanita di mana
7.59 juta terdiri daripada mereka yang berumur 15 hingga 49 tahun dan
sepertiga jumlah penduduk Malaysia berumur 10 hingga 24 tahun.
Dalam hal ini, perancang keluarga penting kerana dapat menyelamatkan
kira-kira 175,000 wanita setiap tahun, mengurangkan sebanyak 2.7 juta
kematian bayi, mengurangkan kematian 1.8 juta kanak-kanak di bawah umur
lima tahun, serta satu pertiga daripada kematian yang berkaitan
kehamilan dan kelahiran dapat dielakkan. Namun, masyarakat tidak boleh
memandang negatif tentang penggunaan kontrasepsi.
Walaupun ia dapat mengurangkan gejala sosial komuniti namun ia
sebenarnya memberi kesan positif terhadap pembangunan keluarga.
Pencegah kehamilan dapat memberi kebaikan kepada wanita, pasangan,
anak-anak dan komuniti.
Jika anda tidak menggunakan apa-apa agen atau alat bagi tujuan
berkenaan, adakah anda menimbangkan untuk menggunakannya selepas ini?
Sudah tentu, penggunaan kontraseptif menjanjikan keputusan yang
lebih baik jika dibandingkan dengan pasangan yang tidak mengamalkan
sebarang kaedah.
Menurut Pakar Perunding Perbidanan dan Sakit Puan, Pusat Perubatan
Universiti Kebangsaan Malaysia (UKM), Profesor Dr. Harlina Halizah
Siraj, kehamilan yang diingini dapat membina keluarga serta komuniti
yang sejahtera.
“Sekarang terdapat pelbagai pilihan pencegah kehamilan dan digunakan
mengikut kesesuaian serta pilihan wanita,” katanya dalam sidang media
anjuran Weber Shandwick di Wisma LYL, Petaling Jaya, Selangor baru-baru
ini.
Tambahnya, pemilihan kaedah pencegah kehamilan yang terbaik
bergantung kepada beberapa faktor seperti kepercayaan, tahap kesihatan
wanita, umur wanita, kekerapan hubungan seks dan kehendak pasangan
suami isteri untuk mendapatkan anak.
“Ia mungkin berubah dari semasa ke semasa sama ada mengikut
kesesuaian cara hidup pasangan suami isteri, keberkesanan kaedah, ciri
keselamatan dan kemampuan untuk mengamalkan kaedah tersebut.
Namun, apa yang penting, penggunaannya harus betul (seperti dalam arahan penggunaan) dan konsisten,” jelasnya.
Bagi tujuan ini juga, mana-mana pasangan suami isteri yang ingin
merancang kelahiran anak dan mencegah kehamilan boleh mendapatkan
khidmat tersebut dengan berjumpa doktor, ahli farmasi dan jururawat di
hospital dan klinik kerajaan ataupun swasta.
Dr. Harlina memberitahu, keadaan keluarga masyarakat hari ini juga mempengaruhi trend penggunaan pencegah kehamilan.
“ Keadaan keluarga masa kini terdiri daripada pelbagai latar
belakang. Kebanyakan wanita dan lelaki hari ini berpendidikan tinggi,
lewat kahwin dan mempunyai saiz keluarga yang kecil. Di samping itu,
peningkatan penceraian keluarga serta poligami juga berlaku selain
daripada aktiviti seksual remaja yang semakin meningkat,” tambahnya.
Sementara itu, pencegah kehamilan juga dapat membendung masalah pembuangan bayi yang semakin menular di kalangan masyarakat.
“Kandungan yang tidak diingini menjadi faktor pembuangan bayi. Oleh
itu, kehamilan perlu dirancang dan diingini. Maka pasangan akan
merancang dengan baik sehingga tempoh kelahiran kelak,” jelasnya.
Selain daripada kaedah lazim untuk mengelak kehamilan seperti
mengelakkan daripada melakukan persetubuhan, azal (di mana, suami
mencabut zakar dari faraj sebelum pengeluaran air mani (ejakulasi).
Kaedah ini dikatakan diamalkan sejak zaman dahulu kala lagi), kaedah
semula jadi (pasangan suami isteri yang memilih kaedah ini harus
memastikan tempoh kesuburan wanita dan kondom, terdapat banyak lagi
pencegah kehamilan yang lebih efektif dan mudah.
Dr. Harlina memberitahu, pencegah kehamilan yang ideal ialah yang
selamat, efektif, yang dapat diterima masyarakat, tidak mahal, mudah
melindungi daripada masalah kesihatan yang lain seperti kanser
ginekologi.
“Antara yang terbaru tentang pencegahan kehamilan ialah kontrasepsi
terkini dapat membangunkan keturunan baru, diperluaskan secara lisan,
pengenalan pilihan dan kajian tentang hormon lelaki dan pencegah
kehamilan,” jelasnya.
Secara lazimnya, keluarga akan lebih biasa dengan penggunaan pil
pencegah kehamilan atau Combined Oral Contraceptive Pills (COCs)
Ia merupakan kombinasi estrogen yang terdiri daripada ethinyl estradiol (EE) dan estradiol (E2).
Pil-pil mengandungi hormon-hormon estrogen dan progestin atau mengandungi hanya hormon progestin.
Malah, pil kombinasi hormon dikatakan dapat mencegah penyakit inflamasi pelvik dan kanser ovari dan endometrial.
Pil jenis ini selamat bagi kebanyakan wanita kecuali wanita yang
merokok atau yang mempunyai sejarah keluarga yang berpenyakit jantung
“Terbaru dan masih dalam kajian ialah NOMAC-E2 iaitu estrogen
semulajadi yang pertama mengandungi COC. Ia merupakan inovasi pertama
dalam kandungan hormon sejak pengenalan pil pencegah kehamilan sejak
tahun 60-an lagi,” jelasnya.
Terdapat juga pil perancang yang mudah iaitu lanjutan dos COCs yang kebiasaannya digunakan ketika menunaikan haji.
“Ia digunakan dalam tempoh tiga bulan dan berfungsi dalam purata 91
hari. Cara pengambilan, aktif pil (warna merah samar) akan diambil
sembilan hari untuk 84 hari, diikuti tujuh hari untuk pil berwarna
putih dan selebihnya menghabiskan pil yang tidak aktif.
Kitaran haid akan berlaku setiap tiga bulan iaitu secara puratanya, empat kali setahun,” jelasnya.
Dr. Harlina menambah, selain pengambilan pil, ramai wanita yang memilih saluran lain.
“Ini dikatakan lebih selamat kerana ia tidak melalui sistem badan
dan hati. Kaedah seperti suntikan, tampal, IUCD, gelang faraj, implan
dan pil perancang lelaki. Pengambilannya bergantung kepada pilihan
keluarga,” jelasnya.
Kesimpulannya, pembangunan baru teknologi pencegah kehamilan masing
diteruskan untuk membina komuniti dunia yang sihat dan sejahtera.
“Lebih langkah yang lebih efektif diperlukan untuk mendidik golongan
wanita, suami dan keluarga mereka tentang kesedaran serta kepentingan
pencegah kehamilan,” jelasnya.
Alternatif Pencegah Kehamilan
Gabungan suntikan dan hormon pencegah kehamilan.
* Dilakukan setiap bulan pada hari ke-28 hingga 30 hari.
* Mengandungi lima miligram estradiol cypionate dan 25 miligram medroxyprogesterone acetate
* Jika sesuai untuk wanita, seseorang itu kurang hadir haid atau tidak mengalaminya langsung.
Jenis tampalan iaitu tompok transdermal
* Ia merupakan kombinasi estrogen dan progestin yang memberi tindak balas terhadap kulit secara perlahan.
* Kaedah ini belum lagi digunakan di Malaysia.
* Cara ini lebih mudah dan dianggap sebahagian daripada kulit (bagi golongan Islam yang ingin mandi hadas besar).
* Penggunaan secara mingguan iaitu untuk tempoh tiga minggu dan satu minggu lagi tampalan dibuka
* Tidak efektif untuk wanita yang melebihi berat 90 kilogram
Gelang faraj
* Inovasi pencegah kehamilan ini semakin popular dan lebih daripada sejuta wanita menggunakannya di Eropah.
* Wanita akan memasukkan ke dalam faraj sendiri ia mudah digunakan kerana boleh digunakan sekali sebulan.
* Mengandungi tahap kombinasi hormon pencegah kehamilan yang rendah.
* Bagi wanita yang ingin merancang keluarga, kaedah ini mempunyai tahap kepercayaan yang tinggi.
* Gelang faraj juga merupakan kawalan kitaran haid yang cemerlang.
Kebaikan penggunaan gelang faraj
* Ia mudah, selesa dan, ringkas dan selamat.
* Posisi yang tepat bukan menjadi perkara yang penting untuk memastikan dia lebih efektif.
* Gelang tersebut merupakan rahsia dan tiada sesiapa yang mengetahui
seorang wanita akan menggunakannya dan lelaki juga tidak perasan atau
merasainya ketika melakukan hubungan seks.
l Kaedah ini juga tidak memerlukan khidmat nasihat doktor.
l Ia juga boleh digunakan secara tetap atau dalam tempoh yang pendek
l Ketika melakukan seks, wanita tidak perlu berasa takut dan boleh melakukannya secara spontan.
Namun, dalam ada itu terdapat kesan buruk akibat penggunaan gelang
faraj antaranya sakit kepala, berat badan bertambah atau sebaliknya,
loya, perubahan perasaan, lelehan faraj dan jangkitan faraj.
Antara penyebab kenapa penggunaan gelang faraj kurang berkesan ialah
wanita menggunakannya lebih tiga minggu, ia berada di luar faraj (tidak
berada tepat di rahim) sebelum menggunakannya, gelang faraj terdedah
dengan cahaya matahari dan suhu yang tinggi
Implan
* Implan merupakan hormon progestin sintetik terdiri daripada enam kapsul kecil yang fleksibel (sebesar batang mancis).
* Terkini wanita hanya menggunakan dua kapsul kecil.
* Kapsul-kapsul ini ditanam di bawah kulit lengan bahagian atas.
* Ia boleh mencegah kehamilan secara berkesan selama lima tahun.
* Bagi wanita yang memilih kaedah ini, dianggarkan sejumlah 0.1
peratus (1 dalam 1,000) akan mengalami kehamilan yang tidak dirancang
dalam tahun yang pertama.
Intrauterine Contraceptive Devices (IUCD)
* Alat anjal berbentuk ‘T' ini dimasukkan ke dalam rahim oleh doktor bagi mengganggu pergerakan sperma dalam ruangan uterin.
Hormon kontraseptif lelaki (MHC)
* Masih dalam tempoh percubaan.
* MHC digunakan untuk menghalang pembentukan sperma dan kaedah ini amat sukar kerana ia boleh menghilangkan sifat kelakian.
* Sebagai tambahan, lelaki perlu mengambil hormon lain untuk mengekalkan sifat lelaki
* MHC akan diambil melalui suntikan sekali setiap lapan minggu.
[Baca]
Kuasa Allah tiada tandingan makhluk
Oleh DR. ZULKIFLI MOHAMAD ALBAKRI
Katakanlah (Wahai Muhammad): “Wahai Tuhan
yang mempunyai Kuasa pemerintahan! Engkaulah yang memberi Kuasa
pemerintahan kepada sesiapa yang Engkau kehendaki, dan Engkaulah yang
mencabut kuasa pemerintahan daripada sesiapa yang Engkau kehendaki.
Engkaulah juga yang memuliakan sesiapa yang Engkau kehendaki, dan
Engkaulah yang menghina sesiapa yang Engkau kehendaki.
Dalam kekuasaan Engkaulah sahaja adanya segala kebaikan.
Sesungguhnya Engkau Maha Kuasa atas tiap-tiap sesuatu. “Engkaulah
(Wahai Tuhan) yang memasukkan waktu malam ke dalam waktu siang, dan
Engkaulah yang memasukkan waktu siang ke dalam waktu malam. Engkaulah
juga yang mengeluarkan sesuatu yang hidup daripada benda yang mati, dan
Engkaulah yang mengeluarkan benda yang mati daripada sesuatu yang
hidup. Engkau jualah yang memberi rezeki kepada sesiapa yang Engkau
kehendaki, dengan tiada hitungan hisabnya. (Ali Imran: 26-27)
Al-MARAGHI berkata: "Perbincangan yang
lalu tentang dakwah Nabi Muhammad SAW terhadap kaum Musyrikin dan Ahli
Kitab. Malangnya golongan Musyrikin menentang Baginda lantaran
perilakunya sebagai manusia yang makan dan berjalan ke pasar.
Keingkaran yang ditunjukkan oleh mereka turut berlaku terhadap para
Nabi yang sebelumnya. Cuma berbeza sedikit, kerana golongan Ahli Kitab
menunjukkan sikap mengingkari Nabi yang bukan datang daripada kalangan
Bani Israel .
Justeru, turunnya ayat di atas bagi menghiburkan Nabi Muhammad SAW
yang sedang menghadapi penderhakaan dan kesombongan mereka. Di samping
itu juga, untuk mengingatkan Baginda SAW bahawa Allah SWT sahaja Yang
Maha Berkuasa memberi pertolongan kepada Baginda SAW dan meninggalkan
agama-Nya.
Dalam situasi ini, seolah-olah Allah SWT berfirman kepada Baginda:
"Seandainya golongan penderhaka itu menolak ajakan kamu, tidak mahu
tunduk kepada kebenaran, manakala kaum Musyrikin pula masih berkelakuan
bodoh (jahil), sementara Ahli Kitab dengan sifat takburnya, wajarlah
kamu memohon perlindungan daripada Allah SWT, berdoa, menyatakan
pujian, sentiasa mengingati bahawa segala urusan berada ditangan-Nya.
Sesungguhnya Allah SWT berkuasa melakukan apa sahaja yang
dikehendaki-Nya.
Sebab Nuzul Surah Ali Imran: 26
Al-Wahidi meriwayatkan daripada Ibnu Abbas dan Anas Ibnu Malik
bahawa sewaktu Rasulullah SAW menakluk kota Mekah, Baginda menjanjikan
kerajaan Parsi dan Romawi akan mereka kuasai. (Mendengarkan janji ini),
golongan munafik berkata: "Mustahil! Mustahil! Bagaimana Baginda boleh
menguasai kerajaan Rom dan Parsi, kerana mereka memiliki kekuasaan dan
kelengkapan yang banyak. Adakah Nabi Muhammad SAW masih berasa tidak
cukup dengan kejayaan menguasai Mekah dan Madinah, dan mahu ditambah
lagi dengan menakluk Parsi dan Romawi?" Sebagai menjawab ejekan mereka
itu, Allah SWT menurunkan ayat ini.
Iktibar dan fiqh ayat:
Ibnu Kathir berkata: "Ayat ini menyuruh Muhammad SAW untuk
membesarkan Tuhan-Nya, bersyukur dan berserah kepada-Nya. Ayat ini
sebagai satu peringatan dan petunjuk supaya bersyukur atas nikmat Allah
SWT kepada Rasul-Nya dan umat ini kerana Allah SWT telah menukar
keNabian kepada Nabi berbangsa Arab dan menjadikannya Rasulullah SAW
kepada manusia dan jin serta dikurniakan banyak keistimewaan yang tidak
dikurniakan kepada nabi sebelumnya.
Al-Maraghi berkata: "Sesungguhnya kemuliaan dan kehinaan mempunyai
pengaruhnya masing-masing. Bagi golongan yang mulia, mereka mempunyai
pengaruh, memiliki sahabat handai yang ramai, segala kebesaran atau
ilmu yang dimilikinya dapat memberi kesan terhadap jiwa orang lain.
Dalam pada itu, rezekinya banyak mencurah, dan bersikap dermawan kepada
orang lain."
Ibnu Abbas menafsirkan al-Mulk iaitu kekuasaan ialah al-Nubuwah atau keNabian.
Hamka berkata: "Maka di dalam rangka kekuasaan Allah SWT, dicabutlah
nikmat kekuasaan itu daripada Bani Israel. Allah SWT Maha Berkuasa
mewujudkan Dunia Baru, yang membuatkan revolusi dalam alam pemikiran
manusia dengan kedatangan Nabi Muhammad SAW yang mulia timbul dari
suatu daerah tandus dan gersang di padang pasir, di lembah yang tiada
tumbuh-tumbuhan."
Seorang pujangga Inggeris yang terkenal, Thomas Carlyle berkata:
"Dengan berkat ajaran Nabi Muhammad SAW dan kedatangannya, maka padang
pasir yang kering berubah menjadi subur yang membakar susunan
masyarakat lama, dari Barat sampai ke Cordova, Timur sampai ke Delhi.
Dia telah mendirikan pusat-pusat kebudayaan dan peradaban di Damsyik,
Baghdad, Kaherah, Samarkand, Delhi sampai ke pulau-pulau daerah
Khatulistiwa."
Hamka berkata: "Adapun ulama-ulama yang lemah jiwanya, otaknya hanya
penuh dengan ilmu-ilmu agama inilah yang kerap kali terjual dan
tergadai ke dalam istana raja-raja dan pembesar-pembesar tertinggi.
Kalau ada ulama sebegini pembesar-pembesar itu berasa lega berbuat
maksiat dalam negara, menindas rakyat, menghisap darah dan mengganggu
rumah tangga orang lain. Ini berlaku kerana ulama yang seharusnya
menegur perihal pembesar sudah tiada lagi. Mulut-mulut mereka telah
disumbat dengan segala macam kemewahan dunia yang sementara."
Mohamad Quraish Shihab berkata: "Dengan menyebut nama Allah SWT,
yang lafaz-Nya menyiratkan makna ketaatan dan ibadah hanya wajar
diarahkan kepada-Nya semata, pengucap doa ini diharapkan dapat meraih
kekhusyukan serta menyandangkan segala sifat terpuji kepada Allah SWT
dan menyucikan-Nya daripada segala sifat tercela. Dengan menyeru Malik
al-Mulk diharapkan dapat tercermin kekuasaan dan kebesaran Allah SWT,
serta kelemahan seluruh makhluk di hadapan-Nya."
Penulis berpendapat jelas menunjukkan betapa kuasanya Tuhan dalam melakukan apa sahaja. Justeru, taat dan patuh kepada-Nya.
Surah Ali Imran: 27
Iktibar dan fiqh ayat:
Ibnu Kathir berkata: "Allah SWT yang mengeluarkan benih-benih
tanaman sehingga membesar yang asalnya daripada sebiji benih, begitu
juga mukmin daripada kafir dan kafir daripada mukmin, ayam daripada
telur dan telur daripada ayam. Begitulah yang berlaku kepada seluruh
alam. Ini melambangkan daripada hikmah iradah dan kehendak Allah SWT.
Al-Maraghi berkata: "Sebagaimana yang sehari-hari terjadi bahawa
yang hidup dapat tumbuh kerana minum susu dan lain-lain, sedangkan
makanan itu adalah benda yang mati menjadi bahan makanan untuk
menumbuhkan badan, merupakan tanda yang paling penting untuk membezakan
benda yang hidup daripada benda yang mati.
Para biologi telah mengatakan, misalnya ulat yang memakan daun dan
daun ini berubah menjadi dagingnya. Ini merupakan tanda yang paling
penting bahawa ulat itu hidup. Begitu juga bayi yang meminum susu
merupakan benda yang mati kemudiannya berubah menjadi tubuh yang hidup.
"Segala urusan berada di bawah kekuasaan Engkau, dan tiada apa pun
yang dapat mengatasi kekuasaan-Mu dan mengadili-Mu. Hanya Engkaulah
Yang Maha Berkuasa untuk mencabut kekuasaan daripada orang yang berada
di luar Islam dan menjadikan mereka hina. Sesungguhnya Engkau telah
berikan kekuasaan itu kepada umat Islam dan Engkau jadikan mereka
sebagai golongan yang mulia."
Hamka berkata: "Apabila Allah SWT menyuruh Rasul-Nya membaca ayat
ini sebagai doa akan terlepaslah kita daripada suasana terumbang-ambing
melihat perubahan keadaan dan suasana di dalam alam ini. Maka wujudlah
rasa Tauhid iaitu menghimpunkan kekuasaan dan kemuliaan kepada Allah
SWT. Maka bersyukurlah kepada Allah SWT ketika diberi-Nya kurnia dan
bersabarlah atas dugaan-Nya."
Syeikh Mutawalli al-Sya'rawi berkata: "Allah SWT tidak membuat kadar
siang untuk setiap waktu persis sama; kadang-kadang siang berkurang
sekian jam, malam pun begitu jua. Namun, pengurangan itu tidak sekali
gus, melainkan sedikit demi sedikit. Memang ada saat-saat perhentian
antara pergantian jarum minit ke minit berikutnya, tetapi sebenarnya
waktu bergerak setiap minit, bahkan setiap detik walau kita tidak
melihat atau menyedarinya.
Kita tidak menyedari pertumbuhan anak yang kita lihat setiap saat,
ini berbeza kalau kita meninggalkannya sebulan atau dua bulan. Ia
sebenarnya akan membesar setiap detik. Oleh yang demikian, merupakan
suatu pengaturan yang amat teliti, yang tidak dapat dilakukan kecuali
oleh Allah SWT yang menjadikan malam ke dalam siang dan menjadikan
siang ke dalam malam.
Kalau keadaan anak merupakan contoh daripada yang kecil menjadi
besar, maka yang besar pun dapat mengecil. Manusia tidak memiliki
kemampuan untuk mengamatinya secara langsung. Al-Sya'rawi memberi
contoh tentang hal ini dengan gambar New York yang diambil oleh
satelit. Begitu jugalah contoh yang telah dihuraikan secara panjang
lebar oleh kami."
Syeikh Mutawalli al-Sya'rawi berkata: "Kebanyakan orang tidak
mengetahui bahawa dalam satu butir tumbuhan terdapat kehidupan, dan ia
berpotensi untuk tumbuh berkembang. Mereka juga seringkali tidak
menyedari perbezaan antara hidup dan potensi hidup. Biji kurma yang
ditanam akan tetap menjadi biji sampai ia ditanam dalam satu lingkungan
yang sesuai.
Bahkan lanjut al-Sya'rawi mengutip pendapat ilmuwan, potensi gerak
yang terdapat pada butir-butir kepala sebatang korek api pun berpotensi
menggerakkan kereta api mengelilingi dunia sekian tahun lamanya."
Dalam ayat ini menggambarkan betapa kuasa Allah SWT tiada mungkin
ditandingi oleh mana-mana makhluk. Oleh itu marilah sama-sama menjadi
hamba-Nya yang benar-benar patuh kepada-Nya.
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Ilmu memelihara agama
DI Britain, 25 Disember adalah hari Krismas sementara 26 Disember
juga hari cuti yang mana kebanyakan pasar raya-pasar raya membuat
jualan murah yang dianggap luar biasa. Seperti mana manusia sedunia
tahu, apabila Krismas menjelang, wajah Santa Claus yang berbaju merah
dan berambut putih panjang muncul di mana- mana.
Filem dan berbagai rancangan media akan mempromosikan Santa Claus
dan kehadirannya pada hari Krismas. Walaupun sebahagian rancangan TV di
sini mempersendakan Santa Claus. Bahkan mereka juga sering
mempersendakan Jesus yang mereka anggap sebagai anak Tuhan dengan
berbagai lawak jenaka yang amat tidak wajar untuk dikenakan kepada
tokoh biasa, apatah lagi yang insan yang mereka anggap tuhan.
Namun, bagitulah jadinya nilai agama pada mereka. Santa Claus
sebenarnya satu watak yang tidak pernah wujud dalam nas-nas agama
Kristian sama ada yang telah diubah, apatah lagi yang asal. Bible sama
sekali tidak pernah menyebut tentang kemunculan ‘watak Santa Claus’.
Ia hakikatnya adalah benar-benar khurafat dan bidaah yang telah
palitkan kepada agama mereka sehingga ia akhirnya muncul menjadi
perlambangan agama yang diterima umum dan sukar untuk dikikis lagi. Ia
lebih teruk dari kepercayaan sesetengah masyarakat kita yang menyalakan
lampu pada malam tujuh likur atau kepercayaan bahawa pada bulan Muharam
digalakkan membuat bubur bagi mencontohi Nabi Noh a.s. Cerita Santa
Claus lebih menonjol daripada faktor sebenar orang-orang Kristian
menyambut Krismas.
Maka tidak hairanlah pada kita mengapakah Nabi SAW sering
mengingatkan agar jangan mengada-adakan perkara yang baru atau bidaah
yang dipalitkan menjadi agama. Tempelan baru yang dibuat atas nama
agama jika dibiarkan akan menjadi kepercayaan yang akan mengambil
tempat agama yang sebenar. Sabda Nabi SAW: Sesungguhnya sebaik-baik
bicara adalah Kitab Allah, sebaik-baik petunjuk adalah petunjuk
Muhammad, seburuk-buruk perkara adalah yang diada-adakan dan setiap
bidaah itu sesat (Riwayat Muslim).
Al-Imam al-Syatibi (meninggal 911H) ketika mentakrifkan maksud
bidaah menyebut: Jalan yang direka di dalam agama, yang menyerupai
syariah, tujuan mengamalkannya untuk berlebihan dalam mengabdikan diri
kepada Allah SWT. (al-Syatibi, al-I’tisam, m.s 27, Beirut: Dar al-Kitab
al-‘Arabi).
Ertinya manusia boleh berinovasi dalam berbagai perkara, tetapi
cara cuba mengadakan kepercayaan atau upacara agama yang tidak
bersumberkan wahyu sehingga itu dianggap agama. Kata Dr Yusuf
al-Qaradawi: “Sesungguhnya ruang melakukan rekaan dan membuat perkara
baru bukannya dalam agama. Agama hanya berdasar apa yang diturunkan
Allah.
Penyelewengan
Wajib kekal terpelihara lagi bersih dari mainan golongan yang
sia-sia, penyelewengan golongan melampau, dakwaan golongan sesat dan
tafsiran golongan yang jahil. Adapun ruang untuk melakukan rekaan
sebenar adalah dalam urusan dunia.
Ia sangat luas dan banyak. Memerlukan keupayaan seni dan rekaan.
Namun apabila kaum muslimin mundur, keadaan mereka buruk, urusan mereka
rosak, pecah masyarakat mereka maka perkara tetap bagi mereka menjadi
terbalik dan keadaan menjadi sebaliknya. Dalam urusan dunia mereka
terhenti menjadi begitu jumud seperti batu atau lebih jumud dari itu.
Mereka tidak memulakan rekaan, mengadakan dan menyingkap perkara baru.
Slogan mereka: Golongan awal tidak meninggalkan untuk yang kemudian
sedikit pun. Adapun dalam agama mereka mengadakan rekaan, membuat
bidaah dalam berbagai bentuk ibadah yang tidak diizinkan Allah” (al-
Qaradawi, Al-‘Ibadah fi al-Islam, m.s 170, Beirut: Muassasah
al-Risalah).
Istimewanya Islam dibandingkan ajaran lain, dalam Islam kita masih
mempunyai sumber rujukan tertinggi iaitu al-Quran dan al-Sunnah untuk
mengukur sejauh manakah pendapat golongan agamawan ataupun tokoh itu
kukuh ataupun lemah.
Kita disuruh menghormati tokoh ilmuan, apatah lagi ilmuan Islam
atau yang kita bahasakan sebagai ulama. Namun penghormatan kita kepada
mereka tidaklah sama sekali bererti kita tidak boleh memberikan
pandangan yang berbeza atas asas-asas ilmu atau penghujahan yang
berteraskan fakta dan angka.
Umpamanya, ketokohan al-Imam al-Ghazali dihormati, namun kritikan
tetap diberikan oleh para ulama terhadapnya. Kritikan bukanlah
menunjukkan jasanya dilupakan. Antaranya, al-Hafiz al-Zahabi (meninggal
748H) yang menyebut: “Aku katakan: Al-Ghazali adalah imam yang besar,
namun bukanlah menjadi syarat seorang alim itu untuk dia tidak
melakukan kesilapan”. Lalu al-Imam al-Zahabi memberikan kritikan ilmiah
terhadap Kitab Ihya Ulumuddin karangan al-Imam al-Ghazali, katanya:
“Adapun kitab al-Ihya padanya ada sejumlah hadis yang batil. Sekiranya
tidak ada padanya adab, cara dan zuhud yang diambil dari ahli falsafah
dan golongan sufi yang menyeleweng, padanya ada kebaikan yang banyak.
Kita memohon daripada Allah ilmu yang bermanfaat. Tahukah anda apa itu
ilmu yang bermanfaat?
Ia apa yang dinyatakan al-Quran dan ditafsirkannya oleh Rasulullah
secara perkataan dan perbuatan”. (Al-Zahabi, Siyar ‘Alam al-Nubala
19/339, Beirut: Muassasah al-Risalah, Beirut) Begitu juga ilmuan tafsir
yang terkenal al-Imam Ibn Kathir (meninggal 774H) memberikan kritikan
ilmiah terhadap karangan al-Imam al-Ghazali dalam Al-Bidayah wa
Al-Nihayah: “Ketika berada di Damsyik dan Baitul Maqdis, al-Ghazali
mengarang kitabnya Ihya ‘Ulumuddin, ia sebuah kitab yang ganjil. Ia
mengandungi ilmu yang banyak berkaitan syarak, bercampur dengan
kehalusan tasawuf dan amalan hati. Namun padanya banyak hadis yang
gharib, munkar, dan palsu”. (Ibn Kathir, Al-Bidayah wa al-Nihayah,
12/186, Beirut: Dar al-Kutub al-Ilmiyyah).
Demikian ramai ilmuan lain dalam sejarah islam ini menerima
berbagai kritikan dan perkara itu bukanlah ganjil. Saya sebutkan contoh
ini bagi menggambarkan bahawa tidak pernah kemaksuman itu diberikan
dalam Islam kepada sesiapa pun selain Allah dan rasul-Nya. Inilah jalan
untuk menjamin agar ilmu sentiasa mengatasi tokoh atau institusi.
Dengan itu agama yang tulen akan terpelihara. Namun, dalam
mengkritik dijaga adab dan bersikap adil. Bukanlah seperti sesetengah
laman web kelompok agama atau politik agama yang mengharamkan orang
lain mengkritik pimpinan mereka dan menjadikan maki-hamun itu halal
bagi mereka dalam menghadapi golongan yang mereka tidak setujui.
DR. Mohd Asri ZainUl Abidin ialah
bekas mufti perlis dan sekarang pensyarah
pengajian islam, universiti sains Malaysia (usm) yang sedang sabatikal di Britain.
laman web: drmaza.com.
E-mel: moasriza@yahoo.com.
[Baca]
Berhijrah demi akidah
KEMUNCULAN bulan Muharam pada tahun ini bermakna umat Islam telah
memasuki tahun baru Hijrah 1430. Sejarah mencatatkan bahawa peristiwa
hijrah ini amat besar ertinya bagi perjuangan Rasulullah khususnya, dan
umumnya kepada seluruh umat Islam. Peristiwa ini juga bertujuan merubah
strategi perjuangan Nabi SAW. dalam menegakkan syiar Islam.
Di bawah panji-panji Islam kaum Muhajirin dan Ansar membangun
persaudaraan sejati, membangun masyarakat Madani di bawah pimpinan
Rasulullah
Hijrah merupakan perintah ilahiah. Dan tahun Islam mengingatkan
kaum Muslim bahawa pada setiap tahun bukan sahaja terhadap kemenangan,
tetapi banyaknya pengorbanan yang telah dilakukan dan bersedia untuk
melakukan pengorbanan yang sama seperti yang dilakukan oleh kaum
Muhajirin dan Ansar itu. Iman, hijrah dan jihad adalah trilogi
perjalanan hidup Rasulullah dan para sahabat.
Trilogi tersebut diabadikan dalam al- Quran pada surah al-Baqarah
ayat 218: Sesungguhnya orang-orang yang beriman, orang-orang yang
berhijrah dan berjihad di jalan Allah, mereka itu mengharapkan rahmat
Allah, dan Allah Maha Pengampun lagi Maha Penyayang
Dalam meneruskan perjuangan Islam ini, tiada bekalan yang paling
utama selain daripada akidah itu sendiri. Hijrah sebenarnya
menggambarkan perjuangan untuk menyelamatkan akidah. Kita hijrah
maknawi daripada perbuatan syirik kepada tauhid, dari kufur kepada
iman, dari melakukan maksiat kepada taat, dari riak kepada ikhlas, dari
takbur kepada tawaduk, dari malas kepada rajin dari khianat kepada
amanah, dari dusta kepada jujur, dari perpecahan dan permusuhan kepada
perpaduan dan berkasih sayang.
Perjuangan menegakkan akidah umat Islam di negara ini harus
dihadapi dengan perjuangan dan keyakinan bahawa Allah swt sentiasa
bersama dengan kita. Ini bukan bererti Allah bertempat, berjihad
(berpihak) sebagaimana fahaman kumpulan bidaah. Al-Quran sendiri
menjelaskan bahawa ketika saat hijrah Rasulullah ia adalah satu
kemenangan walaupun ketika itu pada pandangan kita kemenangan itu belum
dicapai.
Kalau kamu tidak menolong (Nabi Muhammad) maka sesungguhnya Allah
telah pun menolongnya, iaitu ketika kaum kafir (di Mekah)
mengeluarkannya (dari negerinya Mekah) sedang ia salah seorang daripada
dua (sahabat) semasa mereka berlindung di dalam gua, ketika ia berkata
kepada sahabatnya. Janganlah engkau berdukacita, sesungguhnya Allah
bersama kita.
Maka Allah menurunkan semangat tenang tenteram kepada (Nabi
Muhammad) dan menguatkan dengan bantuan tentera (malaikat) yang kamu
tidak melihatnya. Dan Allah menjadikan seruan (syirik) orang-orang
kafir terkebawah (kalah dengan sehina-hinanya) dan kalimah Allah
(Islam) ialah yang tertinggi (selama-lamanya), kerana Allah Maha Kuasa,
lagi Maha Bijaksana. (Surah al- Taubah ayat 40).
Keteguhan akidah atau agama seseorang itu diukur ketika ditimpa
musibah bukan saat kemenangan atau kejayaan. Semua akan memeluk satu
akidah apabila melihat kejayaan, namun belum tentu demikian apabila
mengalami penderitaan.
Akidah atau tauhid adalah sesuatu yang paling berharga kepada umat
Islam. Para Nabi saw. diutus untuk membawa manusia kepada akidah yang
sebenar iaitu tauhid mutlak.(kesaan Alah). ketuhanan yang esa dan satu
inilah Tuhan yang perlu disembah, Yang terkaya dan tidak berhajat
kepada suatu kerana suatu yang lain itu semuanya berhajat dan
memerlukan-Nya.
Pastinya benih tanaman akidah yang suci dan bersih ini dapat
melahirkan bunga-bunga perpaduan dan kasih sayang, keikhlasan dan
ketakwaan serta pengorbanan.
Dalam Islam, akidah yang berunsur ketakwaan inilah yang akan
melahirkan amalan yang benar-benar ikhlas, di mana amalan-amalan
seseorang tidak akan diterima Allah kecuali amalan-amalan yang
dilakukan oleh orang yang tidak menyekutukan atau menyerupakan Tuhannya
dengan sesuatu yang lain. Dalam hal ini Allah berfirman yang bermaksud:
Tidak ada seumpama-Nya suatu pun. (As-Shuraa ayat 11).
Dari segi realiti pula, apa yang berlaku di negara kita terdapat
gerakan-gerakan politik dan ideologi tertentu yang telah mengutamakan
kepentingan politik dan peribadi daripada agama Islam itu sendiri
sehingga lahir fatwa-fatwa karut yang boleh memesongkan amalan mereka
atas alasan tuntutan sunah, agama dan sebagainya.
Akibatnya, kita dapat melihat begitu banyak sekali penyelewengan
fikiran dan fahaman baik besar dan kecil tanpa disedari oleh pengikut
awam. Semua ini berpunca daripada amalan mentaati semua fatwa yang
dikeluarkan oleh pemimpin tertentu dan setengahnya adalah daripada
kalangan pemimpin tertinggi agama yang mempunyai kepentingan diri dan
politik.
Adalah tidak wajar kepada mana-mana golongan, misalnya mencampuri
urusan Allah berhubung dengan perkara- perkara yang hanya diketahui
oleh Allah seperti iman dan kufur, syurga dan neraka atau masa depan
seseorang itu masuk syurga atau neraka, kerana ia juga dikategorikan
sebagai penyelewengan akidah dalam mencapai sesuatu tujuan. Dalam Islam
memfatwa dengan menafikan akidah sesama Islam secara rambang dan mudah
adalah terkeluar daripada sunah Rasulullah.
Islam amat ketat untuk menentukan seseorang itu terkeluar daripada
akidah atau murtad, kecuali setelah dia terang- terangan menunjukkan
pengkhianatannya terhadap akidah Islam. Itu pun setelah dinilai dengan
saksama oleh orang yang ahli dalam bidang tersebut.
Demikian juga tuduhan zalim dan terkeluar akidah kerana menolak
hukum hudud. Kerajaan sebenarnya tidak pernah menolak hukum hudud.
Kita menyokong niat baik pihak mana sekalipun untuk melaksanakan
hukum hudud tetapi ia perlu mengambil kira hal- hal lain yang menuju ke
arah keislaman, tidak hanya menggunakan undang-undang yang dikatakan
Islam sahaja.
Keadilan
Untuk mencapai keadilan yang di harapkan bukanlah sesuatu yang
mudah kerana ia perlu kepada pelaksanaan yang betul. Prosedur,
keterangan-keterangan serta penyiasatan semuanya mesti betul dan tidak
mengandungi sebarang syubhat. Justeru inilah pemerintah melihat dalam
kontek yang lebih jauh dan berhati-hati untuk melaksanakan hukum
sepenuhnya termasuk hudud dan sebagainya kerana melihatkan banyak
percubaan pemerintah Islam lain di negara luar sebelum ini semuanya
menempuh kegagalan dan menghinakan lagi hukum Allah itu sendiri, bukan
kerana menolak hukum tersebut, tetapi untuk mempastikan ia berada dalam
satu keadaan yang semua akan menolong mencapai keadilan dan kemegahan
Islam itu sendiri.
Inilah sebabnya ulama telah mengariskan suatu kaedah yang jelas
sebagai dasar ikutan sesiapa yang berhasrat melaksanakan hukum
tersebut, untuk mengelak dari berlaku kezaliman dalam suatu perundangan
yang dilaksanakan. Kata mereka: Hukuman hudud akan digugurkan jika
terdapat sebarang syubhat ini berpandukan hadis Rasulullah saw. yang
mengarahkan supaya pemerintah jangan melaksanakan hukum hudud kiranya
masih terdapat sebarang subhat atau kesamaran.
Tetapi berlainan dengan hukum takzir yang diserahkan kepada pilihan
dan budi bicara pemerintah itu sendiri, sekalipun tindakan hukum takzir
itu menyebabkan pembunuhan dan sebagainya. Kerana ia telah diberikan
kepada kuasa pemerintah itu sepenuhnya.
Ia harus dilaksanakan dan tidak perlu digugurkan dengan syubhat
seperti hudud tadi. Ini kerana hudud adalah merupakan hukum yang telah
ditentu dan ditetap Allah tetapi cara dan masa pelaksanaannya terpulang
kepada budi bicara pemerintah.
Jadi hendaklah dipastikan perbezaan antara siapa yang menolak hudud,
dan siapa yang menangguhkannya kerana sebab tertentu yang dibenarkan
agama.
Tegasnya undang-undang yang didasarkan kepada kepentingan atau
maslahah yang kebelakangan, tetapi bercanggah dengan kepentingan dan
maslahah yang lebih utama bukanlah undang-undang yang Islamik kerana
tidak dapat mencapai matlamat yang dikehendaki oleh syariat Islam.
Demikian juga pusat pemulihan akidah yang dikawal selia oleh
Jabatan Kemajuan Islam Malaysia (Jakim) perlu memainkan peranan yang
lebih aktif khususnya dalam memulihkan akidah orang yang telah murtad
atau mereka yang terpengaruh dengan ajaran sesat. Ini bertujuan bagi
memastikan mereka benar-benar bertaubat dan kembali ke jalan benar dan
diredai Allah.
Sempena tahun baru Hijrah 1430 ini, kita harus berusaha melawan
hawa nafsu yang cenderung mengajak manusia ke arah melakukan
perkara-perkara kejahatan dan penyeleweng daripada lunas-lunas syariat.
Hijrah daripada sifat jahil kepada sifat kecerdikan dan kepandaian dari
sikap jumud tertutup kepada sikap bertoleransi dan berlapang dada. Ini
semua merupakan maksud dan tuntutan hijrah dalam Islam.
Penulis ialah Pengurus Penyelidikan Yayasan Dakwah Islamiah Malaysia (YADIM)
[Baca]
Islam dari persepsi ilmuan bukan Islam
DUA buah buku dalam bahasa Inggeris yang menyenaraikan 100 insan
genius sejak zaman lampau hingga dewasa ini memberi penghormatan tinggi
kepada Nabi Muhammad SAW. Kedua-duanya ditulis oleh dua ilmuan Barat
bukan Islam.
Buku pertama The 100: The Most Influential Persons in History oleh
Michael Har meletakkan nama Nabi Muhammas di peringkat atas sekali.
Lalu dicatat betapa kombinasi pengaruh agama dan sekular Nabi Muhammad
melayakkannya sebagai “manusia paling berpengaruh sekali dalam sejarah”.
Buku kedua, Genius ditulis oleh Harold Bloom, tokoh pengkritik
sastera keturunan Yahudi. Olehnya disebut: “Tiada orang lain dalam
sejarah manusia menyampaikan kepada kita firman Tuhan. Kita tidak boleh
bersantai manakala membaca Quran atau melafaz ayat-ayatnya, sama ada
bersendirian atau bersama orang-orang lain.”
Menurut Michael Hart, sebilangan tokoh yang disenaraikan lahir dan
membesar di waktu perkembangan tamadun dunia yang berbudaya atau di
negara-negara kancah politik. Sebaliknya pula Nabi Muhammad SAW lahir
pada tahun 570 di Mekah di selatan negara Arab, ketika itu sebuah
wilayah yang mundur, jauh dari pusat-pusat perdagangan, kesenian dan
pendidikan pelbagai ilmu.
Hijrah Nabi Muhammad ke Madinah pada tahun 622 mencetus perubahan
besar. Kalau di Mekah para pengikutnya tidak begitu ramai, maka di
Madinah bilangan mereka meningkat berkali ganda.
Nabi Muhammad akhirnya mencapai kemenangan setelah kembali ke Mekah.
Melaluinya rakyat Arab pelbagai kaum bersatu kemudiannya. Agama Islam
berkembang ke negara-negara lain melalui kegiatan lanjut sahabatnya,
Abu Bakar a.s, saidina Umar a.s dan lain-lain hingga ke negara Parsi
dan Sepanyol lalu berkuasa selama hampir 800 tahun lamanya.
tewas
Kerana perbalahan sesama sendiri, antara lainnya, pemerintahan Islam
di Sepanyol tewas kepada pihak Kristian. Kerana kesemuanya itu menurut
Hart lagi, Nabi Muhammad “mungkin pemimpin politik yang berpengaruh
sekali sepanjang masa.”
“Profesor Harold Bloom, sarjana Universiti Yale dan Universiti New
York, menulis mengenai Quran dan 114 surahnya setelah, sebelumnya lahir
kitab Taurat dan kitab Injil. Beliau menambah: Tidak ada kitab lain
yang menyamai Quran dan ini adalah kerana Quran firman Tuhan
keseluruhannya.
“Quran adalah kitab yang penting bagi setiap manusia. Ini kerana
Tuhan menunjukkannya kepada kesemua manusia dan kerana itu ia kitab
yang universal.”
Ayat-ayat tersebut dipetik dari lima surah, antaranya surah ke-75
Al-Qiammah. (Berikut tafsir Al-Quran terbitan Darulfikir di bawah
kawalan JAKIM.)
Dengan nama Allah, Yang Maha Pemurah, Lagi Maha Pengasihani.
1. Aku bersumpah dengan hari Kiamat:
2. Dan Aku bersumpah dengan “An-Nafsul-Lawwaamah” (bahawa kamu akan dibangkitkan sesudah mati!)
3. Patutkah manusia (yang kafir) menyangka bahawa Kami tidak akan
dapat mengumpulkan tulang-tulangnya (dan menghidupkannya semula?)
4. Bukan sebagaimana yang disangka itu, bahkan Kami berkuasa
menyusun (dengan sempurnanya segala tulang) jarinya, (tulang yang lebih
halus dari yang lain).
5. (Kebenaran itu bukan tidak ada buktinya), bahkan manusia (yang
ingkar) sentiasa suka hendak meneruskan perbuatan kufur dan maksiat
(sepanjang hayatnya, sehingga ia tidak mengakui adanya hari Kiamat).
6. Ia bertanya (secara mengejek): “Bilakah datangnya hari Kiamat itu”?
7. Maka (jawabnya: Hari Kiamat akan datang) apabila pemandangan menjadi berpendar-pendar (kerana gerun takut).
8. Dan bulan hilang cahayanya.
9. Dan matahari serta bulan dihimpunkan bersama
10. (Maka) pada hari itu, berkatalah manusia (yang ingkarkan hari Kiamat:) Ke manakah hendak melarikan diri?”
11. Tak usahlah bertanya demikian! Tidak ada lagi tempat perlindungan!
12. Pada hari itu, kepada Tuhanmulah sahaja terserahnya ketetapan segala perkara.
13. Pada hari itu, manusia diberitahu akan apa yang ia telah lakukan dan apa yang dia telah tinggalkan.
14. Bahkan manusia itu, (anggotanya) menjadi saksi terhadap dirinya sendiri.
Profesor Bloom, penulis 25 buku lain, juga menyebut mengenai hijrah
Nabi Muhammad SAW dari Mekah ke Madinah sebagai permulaan wujudnya era
Islam. Beberapa perkara yang dicatat oleh kedua-dua ilmuan Barat itu
selari dengan catatan Profesor Golam Choudhury (warga Bangladesh) bekas
sarjana Universiti Columbia di New York, antara lainnya:
* Dalam Islam tidak ada perpisahan antara agama dan politik. Nabi
Muhammad menjadi ketua negara Islam di Madinah. Nabi bukan saja ketua
agama tetapi juga pemimpin politik, negarawan dan pentadbir.
* Dalam melaksanakan tugas-tugasnya Nabi Muhammad terpaksa melakukan
kempen ketenteraan bagi melindungi Islam dan menyertai
rundingan-rundingan diplomatik.
Karya kedua-dua penulis Barat itu berbeza sama sekali daripada
tindak-tanduk Geert Wilders, ahli Parlimen Belanda penerbit filem Fitna
yang anti Quran.
Demikian juga dengan Theo Van Gogh yang menghina Islam melalui
filemnya Submission serta rakannya Ayaan Hirsi Ali, bekas ahli Parlimen
Belanda. Ia wanita Afrika yang mulanya beragama Islam, tetapi kemudian
keluar dari agama Islam dan menulis buku menganggap dirinya kafir. Di
samping itu para kartunis melukis 12 kartun Nabi Muhammad dalam akhbar
Denmark Jyllands-Posten atas alasan kebebasan akhbar.
Baru-baru ini pula sebuah akhbar Inggeris menyiarkan berita mengenai
1,600 madrasah di Britain yang punyai kira-kira 200,000 murid belajar
membaca Quran. Sebilangan murid dikatakan dipukul oleh guru-guru mereka.
Penulis ialah konsultan kanan ISIS Malaysia. Pandangan
penulis adalah pendapat
peribadi dan tidak ada
kena-mengena dengan ISIS.
[Baca]
APAKAH kamu tidak memerhatikan orang yang mendebat Ibrahim tentang
Tuhannya (Allah) kerana Allah memberikan kepada orang itu pemerintahan
(kekuasaan). Ketika Ibrahim mengatakan: "Tuhanku ialah Yang
Menghidupkan dan Yang Mematikan." Orang itu berkata: "Saya dapat
menghidupkan dan mematikan." Ibrahim berkata, "Sesungguhnya Allah
menerbitkan matahari dari timur, maka terbitkanlah dia dari barat."
Lalu terdiamlah orang kafir itu dan Allah tidak memberi petunjuk kepada
orang-orang yang zalim. (al-Baqarah: 258)
Peristiwa ini berlaku selepas sahaja baginda keluar dari api yang
membakar dirinya. Nabi Ibrahim semakin bersemangat untuk meneruskan
dakwah kerana bertambah yakin dengan petunjuk dan perlindungan daripada
Allah SWT. Baginda menjalankan dakwah tidak berhenti-henti kepada
kaumnya.
Suatu hari, kegiatan dakwahnya itu telah diketahui oleh Raja Namrud.
Raja Namrud berasa sangat risau dan susah hati. Dia bimbang
kekuasaannya akan tergugat kerana dakwah yang dijalankan oleh Nabi
Ibrahim. Dia juga bimbang sekiranya kerajaannya akan musnah disebabkan
oleh pengaruh dan dakwah yang dijalankan oleh Nabi Ibrahim.
Raja Namrud telah memanggil Nabi Ibrahim supaya datang mengadapnya.
Apabila Nabi Ibrahim tiba, Raja Namrud pun bertanya kepada Nabi Ibrahim:
"Apakah fitnah dan api permusuhan yang engkau sebar dan engkau
khabarkan di tengah-tengah rakyatku? Siapa Tuhan yang engkau minta
rakyatku menyembahnya? Ada lagikah Tuhan yang engkau kenal dan patut
disembah selain aku? Siapa yang mempunyai kedudukan setinggi
kedudukanku dan siapa yang memiliki kekuasaan seluas kekuasaanku?
Tidakkah engkau nampak, aku berkuasa mengatur dan mentadbir kerajaanku
yang luas ini, menetapkan dan membatalkan sesuatu menurut kehendakku
tanpa ada sesiapa dapat menghalangnya ? Segala keputusanku ditaati dan
tidak ada sesiapa pun dapat menundanya. Semua orang bergantung kepadaku
untuk meminta pertolongan dan mereka tidak berani melawannya. Mengapa
engkau berani menentang aku? Kamu bukan menghina malah merosakkan
sembahan-sembahan rakyatku."
Nabi Ibrahim pun menjawab kata-kata Raja Namrud itu dengan tenang
sekali, "Aku tidak menyebarkan fitnah atau menimbulkan kekacauan. Aku
hanya membawa kebenaran dan mahu menghapuskan kesesatan. Aku mengajak
orang ramai supaya menyekbah Allah, Tuhan yang menghidupkan dan
mematikan, memberi kehidupan kepada makhluk-Nya atau mencabut nyawa.
Itulah Tuhan yang aku sembah dan aku mengajak orang menyembah-Nya. Bukan patung-patung yang dibuat oleh mereka sendiri."
Namrud berasa amat tidak berpuas hati. "Jika Tuhan yang engkau
sembah dapat menghidupkan dan mematikan, aku pun mampu melakukannya.
Seseorang yang mesti menjalani hukuman mati apabila diampunkan olehku
maka dia akan hidup dan apabila orang itu dijatuhi hukuman mati, maka
ertinya aku telah mematikan dia. Sekarang tidak ada bezanya Tuhanmu
dengan diriku. Mengapa engkau tidak menyembahku?"
Nabi Ibrahim masih tidak berputus asa. "Baiklah, Tuhanku telah
menciptakan matahari dengan kedudukan terbit setiap hari di sebelah
timur dan terbenam di sebelah barat. Jika engkau benar-benar berkuasa,
cubalah engkau ubah kedudukannya itu. Dapatkah engkau melakukannya?"
Namrud akhirnya terdiam seketika. Dia tidak dapat melawan kata-kata
dan hujah daripada Nabi Ibrahim. Mulai dari saat itulah, Namrud
menganggap Nabi Ibrahim sebagai musuh yang perlu dilayan dengan
berhati-hati. Dia tidak mahu menampakkan kebencian yang nyata kepada
Nabi Ibrahim. Sebagai langkah berjaga-jaga Namrud telah menghantar
beberapa pasukan pengawal untuk menyiasat segala kegiatan Nabi Ibrahim.
[Baca]
Barack Obama's victory (mp3)
marks a decisive generational and sociological shift in American
politics. Its impact is difficult to predict at this stage, but the
expectations of the majority of young people who propelled Obama to
victory remain high. It may not have been a landslide, but the vote was
large enough with the Democrats winning over 50% of the electorate
(62.4 million voters) and planting a black family firmly in the White
House.
The historic significance of this fact should not be underestimated.
It
has happened in a country where the Ku Klux Klan once had millions of
members who waged a campaign of deadly terror against black citizens
with the support of a prejudiced legal system. How can one forget the
photographs of African-Americans during the first three decades of the
last century being lynched under the approving gaze of white families
enjoying their picnics as they watched – in Billie Holliday's memorable voice – "Black bodies swinging in the southern breeze/Strange fruit hanging from the poplar trees"?
It
was the mass struggles for civil rights in the 1960s that forced
desegregation and the black voter registration campaigns, but also led
to the assassination of Martin Luther King and Malcolm X (just as he
was beginning to insist on the unity of blacks and whites against a
system that oppressed both). It would be trite to remark that Obama is
not one of their number. He is seen as such by the 96 per cent of
Afro-Americans who spilled out of their homes to vote for him. They may
yet be disappointed but for the moment they are rejoicing, and who can
blame them.
It was barely two decades ago that Bill Clinton was
warning his Democrat rival, the liberal governor of New York State,
Mario Cuomo, that America was not yet ready to elect a president whose
name ended with 'o' or 'i'. It was only a few months ago that the
Clintons were openly pandering to racism by repeatedly stressing that
white working-class voters would decisively reject Obama and reminding
Democrats that Jesse Jackson, too, had done well in past primaries. The
new generation of voters proved them wrong: 66% of those between the
ages of 18 and 29, comprising 18% of the electorate, voted for Obama;
52% of the 30-44 age group (37% of the electorate) did likewise.
The
crisis of deregulated, free-market capitalism led to a surge of support
for Obama in states hitherto regarded as Republican or white Democrat
territory, accelerating the process that defeated Bush/Cheney and the
neo-con gang. However the fact that McCain/Palin still obtained 55
million votes is a reminder of how strong the American right remains.
The Clintons, Jo Biden, Nancy Pelosi and numerous other Democrat
heavyweights will use this to pressure Obama to remain loyal to the
script he used to win the election. But bland, feel-good slogans will
not be enough to secure a second term. The crisis is far too advanced
and the questions agitating most American citizens (as I discovered
when I was there a few weeks ago) concern jobs, health (40 million
citizens have no health insurance) and homes.
Rhetoric alone is
insufficient to deal with the slump in the real economy: there is a
trillion-dollar credit-card debt that could bring down other banking
giants; the decline of the car industry will lead to large-scale
unemployment. And there is the bail-out that has mortgaged future
generations of Americans to Wall Street. The panic measures of the Bush
administration designed and orchestrated by the banker's friend and
treasury secretary Paulson have privileged a few big banks that are
being subsidised by public money.
The Democrats and Obama
agreed to the deals and will find it difficult to draw back so that
they can move forward on another front. The expanding crisis, however,
might compel them to move in a different direction. Austerity measures
always hurt the less privileged and how the new president and his team
deals with this will determine their future.
It is an awful
time to be elected president, but it is also a challenge, and Franklin
Roosevelt accepted such a challenge in the 1930s by imposing a
social-democratic regime of regulation, public works and an imaginative
approach to popular culture. He was helped by the existence of a strong
labour movement and the American left: the Reagan-Clinton-Bush years
helped to destroy the legacy of the New Deal. It is a new economy,
heavily dependent on global finance and a deindustrialised America.
Does
Obama have the vision or the strength to turn this clock back and
forward at the same time? In the realm of foreign policy, the
Obama/Biden approach has not been too different from that of Bush or
McCain. A New Deal for the rest of the world would require a rapid exit
from Iraq and Afghanistan and no further adventures in these regions or
elsewhere. Biden has virtually committed himself to a Balkanisation of
Iraq, which now appears less likely since the rest of the country as
well as Iran and Turkey are opposed, for different reasons, to the
creation of an Israeli-American protectorate in Northern Iraq with
permanent US bases. Obama would be best advised to announce a rapid and
complete withdrawal. Apart from all else, the costs are now
prohibitive.
And sending troops based in Iraq to Afghanistan
would only recreate the mess elsewhere. As numerous British diplomatic,
military and intelligence experts have warned, the war in South Asia is
lost. Washington is certainly aware of this fact. Hence the
panic-induced negotiations with the neo-Taliban. One can only hope that
Obama's foreign policy advisers will force a retreat on this front as
well.
What of South America? Surely Obama should mimic Nixon's
trip to Beijing and fly to Havana, ending the economic and diplomatic
embargo of Cuba. Even Colin Powell acknowledged that the regime had
done a great deal for its people. It will be difficult for Obama to
preach the virtues of the free-market, but the Cubans could certainly
help him in establishing a proper healthcare system in the United
States. This would be change that most Americans would be happy to
believe in. Other lessons are also on offer from other South American
countries that foresaw the crisis of neoliberal capitalism and began to
restructure their economies over a decade ago.
If change means
that nothing changes then those who have put Obama in the White House
might decide after a few years have passed that a progressive party in
the United States has become a necessity.
[Baca]
Posted by Dr. Mahathir Mohamad at December 26, 2008 4:47 PM | Permalink | Comments (76) | TrackBacks (0) | Previous Blog
1. Every day we hear, we read and we watch on television reports about acts of terrorism somewhere. No place seems to be free from terrorism.
2. From Indonesia to New York, suicide bombers, airplanes, cars and vans loaded with explosives are being blown up, killing people and destroying buildings almost with impunity.
3. Security measures have been taken, using sophisticated and costly methods, specially trained anti-terror squads, electronic detectors and tedious body searches, including scrutiny of shoes, hand bags and luggage. But the terror attacks have gone unabated. We seem to have to live with this danger striking where we least expect with no end in sight.
4. Great thinkers, journalists, political analysts and politicians of all shades and colour have written at length and given their reasons and their analysis of these acts of terror, why people should be willing to blow themselves up frequently killing innocent people.
5. The analysts and writers have attributed such acts as being due to the teachings of the Prophet of Islam, as the tendencies of Muslims to be violent, as the expressions of the clash of civilisation, as the jealousies against people who are better off themselves. They blame the extremism of the Wahabi sect of Islam and the hatred of leaders of the sect such as Osama bin Laden.
6. Based on their analysis they prescribed measures to curb terrorist activities, arresting suspected, subjecting them to torture and humiliation.
7. But still the acts of terror have gone on and show signs of escalating. Muslim airline passengers are made to go through humiliating searches, detained for hours. Hundreds of so-called terrorist suspects have been detained without trial for years, often humiliated and tortured with no means of seeking redress.
8. But through all these the real reason for these violent acts of terror has been deliberately ignored. It is as if the Europeans and the Americans are in a state of denial. It is as if all the European and American leaders fear to state the truth. Their media too appear to conspire to avoid mentioning the true cause of the anger and frustration of the people who commit these acts of terror.
9. Yet if we pause to think we cannot help but notice that these acts began with the forceful seizure of the land of the Palestinian Arabs in order to create the formerly non-existent state of Israel; the expulsion of the Arab Palestinians from their homes and their country, the killings of the Arabs by Zionist terrorists, and the incarceration of the Arab Palestinians in makeshift refugee camps for the last 60 years or so.
10. This is the basic and original cause of the acts of terror. Initially the neighbouring Arab countries tried to regain Palestinian land through conventional war. But Israel with the help of America and Britain defeated the forces of Syria, Jordan and Egypt.
11. Not only were they defeated but Israel grabbed more Arab land. At each attempt to regain Palestinian land, Israel together with America and Britain seized more Arab land.
12. In the area of Palestine which the Israelis have not seized, Jewish settlements were set up. Roads were built on Arab land which the Arab Palestinians are not allowed to use. High walls are built to break up Arab villages, preventing the villagers from contacting their close relatives even.
13. In the meanwhile the world watched the expulsion of Arab Palestinian and their plight with little concern and less sympathy.
14. Against the powerful Israeli forces the Palestinians could do nothing. They have no guns or tanks or fighter planes. Angry and frustrated they tried guerrilla war. But this was to no avail.
15. Eventually they resorted to what is referred to as terror attacks. Not having delivery vehicles they made use of suicide bombers, blowing themselves up.
16. Instead of resolving the Palestinian issue the Americans and the British decided to attack other Muslim countries. Afghanistan and Iraq were invaded, and Syria and Iran are threatened. Naturally this did not help solve the Palestinian issue. It simply aggravated the problem. And now other Muslim people, knowing that there can be no solution by their Government have adopted the same terror tactics as the Palestinians.
17. I was in Syria recently to attend a conference on the "Right of Return" of the Palestinian people I was also in Iran and Yemen. Everywhere I went I found among the ordinary people anger and hatred directed at the Jews, the Americans and the British. Their Governments are terrified by the British and the Americans. But their people are more and more bitter. There will be many who would be willing to blow themselves up even if they will not succeed in liberating their countries.
18. Terror attacks will not diminish for as long as the Palestinians are forced to remain as refugees, are denied the right of return.
19. America will have a new President soon. If the membership of his Cabinet and his staff are anything to go by, there is little that Obama can do, even if he wants to solve the Palestinian problem. All American Presidents and legislators are hostages of Israel. Fail to side with Israel and they will be defeated at the next elections.
20. "Terrorism" is going to be a part of the world scene for a very, very long time.
[Baca]
by Tun Dr Mahathir Mohamad.
1. Bismillahhirohmanirrohim.Assalamualaikum warahmatulla hiwabarakatuh.
2.Firstly
I would like to thank the Government of Syria for the hospitality
extended to me and for its unfailing support for the Palestinian cause.
3.All
Praise be to Allah by whose grace we are able to gather here today to
remember, to not forget the injustice perpetrated upon our brothers and
sisters, the peoples of Palestine 60 years ago, in May 1948.
4.On
that infamous day in May 1948 our brothers and sisters, their fathers
and mothers and their children were expelled from their country, from
their land and their homes, expelled cruelly by Zionist forces as the
British, the Americans and the Russians looked on and basically abetted
in these heinous crimes. The rest of the world cared nothing for the
catastrophe, the Nakba the tragedy that had been deliberately visited
by the Zionist upon the people who had been their hosts before, who had
allowed them to immigrate and settle on their land thinking that as in
the past, during the great days when Muslims ruled the land, the
newcomers would live in peace with them.
5. But the immigrants
from Europe and elsewhere had other intentions. They came not to live
in peace with the Palestinian people but to seize the country and make
it their own.
6. Perhaps it is not strange at all to see the
Americans and the British aiding and abetting the Zionists. The British
and the Americans had done this very thing to a lot of other people
before. In the Americas, Australia and New Zealand they had also seized
other peoples’ land and committed genocide in the process.
7.
This is the way of the British and other Europeans. This is the way of
the Americans. Seizing other people’s land and setting and committing
genocide is normal and proper to them.
8. It is not surprising
therefore that in order to atone for their crimes against the Jews they
should abet in the seizure of other people’s land to create a Jewish
state.
9. The expectation of these people who seized other
people’s land is always the same. They expect their past black deeds to
be forgotten and their ownership of the land they had stolen would in
time no longer be disputed. But their seizure of other peoples land
must never be forgotten.
10. That is why this gathering is very important.
11. The Palestinians must not forget the Nakba and the world must also not be allowed to forget this injustice.
12.
Today the Palestinians have to live outside their land as refugees,
living mostly in makeshift camps, without proper facilities, housing
etc. They are denied their rights to live like normal people.
13.
There are now 4 million of them, deprived of their rights as citizens
of their country. Their children do not have the same rights and future
as other children.
14. The Palestine refugees are not even allowed to return to the land which was theirs before.
15.
Everyday more and more of their land is stolen. Illegal Jewish settlers
build permanent settlements on their land. They are not even allowed to
use the roads built on their land. And they are forcibly separated by
walls from their own kith and kin. Even villages are split by the wall.
The Jews have learnt a lot about Nazi methods.
16. Truly no other people have been treated the way the Palestinian people have been treated.
17.
The world talks of human rights. If one Chinese man is denied the right
to speak against his own Government the whole world would condemn this
deprivation of a minor right of just one person. But when four million
Palestinians are expelled from their own country, are not allowed to
return, are frequently attacked by the Zionists and their American and
British allies, the world is deathly silent.
18. There really is a lot of hypocrisy in the world today.
19. I am against violence. I am against war. But when people are violently attacked they have a right to defend themselves.
20.
When people are deprived of their country and are not able to fight
conventional wars to liberate their country then then they will have to
resort to other ways.
21. Blowing oneself up is not the most
pleasant way to die. But when this is the only way to attack the
oppressors, to defend yourself, then, pleasant or not you will have to
blow yourself up.
22. If by doing this your enemies are blown up
together with you, can these desperate suicide bombers be called
terrorists? If they are terrorists because they allegedly commit acts
of terror, because they terrify people, don’t the people who drop bombs
on innocent people, who fire missiles at people, don’t they terrify
their victims? If they terrify people, are not their acts also acts of
terror? Are they not terrorists?
23. Actually more people,
ordinary civilians are terrified of being bombed and killed by trained
military murderers than are the people who are terrified and killed by
suicide bombers. By any standard the bombers and people who launched
missiles at human targets are worst terrorists. They do not even risk
being killed or injured. Whereas the suicide bombers invariably get
killed when they explode their bombs, the trained bombers will go back
to celebrate over glasses of beer their murderous acts.
24. If
we do not want to see suicide bombers blowing themselves up, than the
people who drop bombs or launch missiles against innocent people should
stop such acts of terror.
25. If we do not want to see both acts
of terror, if the world abhors terrorism then the world must not close
their collective eyes to the injustice perpetrated against the
Palestinian people.
26. Let us not hear of the Jews being the
first people in Palestine and that there never were a Palestine or
Palestinian people. If the first people must be recognised as having a
greater right, then let us see America, Australia and New Zealand
return to the Red Indians, the aborigines of Australia and the Maoris
of New Zealand their lands. If the world would not accept this kind of
claim then the Jews should not use this as the basis for their claim.
27.
The fact is that the Palestinian people had been living in Palestine
long before the Crusades. When the Crusaders came Palestinians were
under the rule of the Arabs. The people the Crusaders seized the
country from were Arabs. The people who re-conquered Palestine and
ruled it until after the First World War were Arabs. The Palestine that
was made a Mandated territory under the British was the Palestine of
the Palestinian Arabs. It was not the Israel of the Jews, though there
were Jews in Arab Palestine.
28. At no time did the Crusaders or
the First World War Allies deal with a Jewish Government or with Jews
when they conquered Palestine, or when they made Palestine a Mandated
territory.
29. The Jews who were involved in setting up Israel
on Palestine soil were never the inhabitants of the land the world
recognized as Palestine. They were foreigners, most of whom were
citizens of European countries.
30. At the time when Palestine
became a mandated territory there was only a tiny number of Jews in
Palestine. These were mainly the descendants of the Jews who had lived
in the land they called Palestine. They never called it Israel, nor
claim that the Palestinian Arabs were living in their State of Israel.
31.
So how can the Jews claim they have a legitimate right to the land of
the Palestinians which they now call Israel? The State of Israel is
totally artificial – a creation of people foreign to the land, a
creation of non-Jews of Europe in collaboration with European Jews.
32.
It is this artificial state unjustly created by foreigners on Palestine
land which ever since its creation has plunged the region and indeed
the whole world into violence, terrorism and wars.
33. It is
this disregard for the rights of the Palestinians, in particular the
right of return that has triggered off tension between people who had
for centuries lived together in peace.
34. It is this gross injustice which has made a reality of the clash of civilization.
35. The clash, the tensions, the violence and the wars will not end until justice is done to the most unfortunate victims.
36. The Palestine peoples whether Muslims or Christians must continue their struggle for the right of return.
37. Theirs is a just struggle and justice must triumph finally.
38.
The cost will be high for the Palestinians but the cost will be higher
for those who aided and abetted in this act of injustice.
39. We are with the Palestinians in their just struggle and we will support it till justice is done.
40. Thank you.
[Baca]
Tun Dr Mahathir Mohamad
[Source: The Star]
LONDON: Tun Dr Mahathir Mohamad was left fuming over
a last-minute decision to bar outsiders from attending his talk on war
crimes at Imperial College here on Friday.
The former prime minister said he regretted any
attempt to block his speech entitled Expose War Crimes: Criminalise War
at Imperial College.
Scores of Malaysians and non-Malaysians were left
stranded outside the Sir Alexander Flemming building in the college
when they were barred from entering the lecture theatre hall where the
talk was held.
Security guards stationed near the entrance were
seen checking for Imperial College identification cards before allowing
them in.
During his speech, Dr Mahathir said he believed that Britain was a country where free speech was upheld.
"I'm sorry that it didn't look very free today," he added.
One of the organisers of the talk, Faizal Fathil said they were only informed of the restriction at about 6pm on Thursday.
"We had expected about 700 people but only a maximum of 320 could attend the talk," said Faizal.
Despite the hiccup, Dr Mahathir was his usual self as he spoke about the qualities of a good prime minister.
"He must fulfil his vows in looking after the people and not be interested in what he gains for himself," he said.
On Deputy Prime Minister Datuk Seri Najib Tun
Razak's concern that the transition of power now would affect the
Barisan Nasional, he said this would happen.
On the contrary, he said, the Barisan would not have
enough time to recover for the next general election if the change of
leadership was delayed.
"And the people who voted for the Opposition will remain with them," he said.
Dr Mahathir also advised the world to "go back to bows and arrows" instead of pumping massive funds into defence spending.
He said, for instance, just a fraction of the
reported US$3 trillion spent by the United States on the Iraq war so
far could go a long way in helping the world's poor and sick.
Replying to a question on Malaysia's defence spending during his term of office, Dr Mahathir said he regretted it very much.
"But today, questions would be raised if you don't buy fighter planes and your neighbour buys one," he said.
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[Baca]
| The Criminalisation of War by Tun Mahathir Mohamad
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When
I was in Japan recently I had the opportunity to explain about
Malaysia's Non-Governmental Organisation's campaign to make war a
punishable crime.
The Japanese had been guilty of
perpetrating brutalities during their Manchurian Incident and war
against China and also during the Pacific War.
On the other hand they were the only
people in the world to experience the first ever nuclear war, of having
their citizens of Hiroshima and Nagasaki reduced to ashes by atomic
bombs, with the loss of 200,000 lives and thousands more struck down by
radiation sickness later.
For the Japanese the realities of war and the
killings have been fully understood from their experience. I believe
they can be expected to support a campaign to make war a crime.
I spoke about the horrors of war to three separate
groups i.e. the Nikkei Future of Asia Forum, breakfast meeting with the
head of Nikkei and his senior staff and before a full audience at the
Foreign Correspondent’s Club, Tokyo.
While in England in April I was invited by the
Ramadhan Foundation to speak about the Criminalisation of War at the
Imperial College in London.
An interesting incident was the attempt by Jewish
students to stop me from speaking at the Imperial College because I am
regarded as being anti-Semitic. The authorities were embarassed by this
demand and almost decided to stop me.
I was waiting for them to do so. Then I could go
there to see if they would stop me. If they did I would be able to say
that there is no freedom of speech in England.
However, the authorities decided that only students
from the Imperial College would be allowed to attend. Still the hall
was full with standing room only.
At all these meetings I was able to explain why war
should be regarded as a crime. I pointed out that it is ridiculous to
regard murder as a crime punishable with the most extreme penalty yet
the deliberate killings of thousands of people, mostly innocent men,
women and children are regarded as proper and legal.
There is a contradiction here which does not fit in with human values in a civilised world.
Today trillions of dollars are being expended on the
development and production of ever more lethal weapons of mass
destruction. Poor countries are forced to buy these weapons by playing
on their false sense of pride. They buy these expensive weapons so as
not to be less well-equipped than their neighbours. Yet these weapons
are often not used at all. Still they have to be upgraded or replaced
with newer versions at tremendous cost.
Malaysia has been drawn into this game. We have
bought two submarines costing over RM3 billion. When are we going to
use them? Are we contemplating going to war with our neighbours? I can
think of other ways of spending RM3 billion in Malaysia.
We need a defence force to preserve our
independence. But do we have to be involved in an arms race? Only the
suppliers of arms would benefit from an arms race.
War is not a solution for our foreign policy agenda.
A stiff backbone is far more important. Unfortunately at the moment we
don't have that.
The campaign against war and the criminalisation of
war has gained momentum. This is going to be a long-drawn struggle. But
it has to begin somewhere if we are going to achieve this radical
change in the mindsets of people. God-willing insya’allah this struggle
will eventually succeed.
Via this blog I would like to apeal to all
Malaysians to support this campaign. We may feel safe from war now. But
we must remember and think about all those people who now face the
prospect of being bombed and rocketed, of having their heads and limbs
torn from their bodies, of being killed. That they are non-combatants
and have done no one any harm does not seem to matter to the
warmongers. They will suffer all the same.
When war broke out in Europe in 1939 we in Malaysia
thought we were safe. But we were not. In a world war we too will be
subjected to attack. Our forces will not be able to do much.
We don't foresee this happening to us. But it can happen if war is still regarded as a way to settle conflicts between nations.
That is why I believe that it is important to make
war a crime and so to stop it from being the way to settle conflicts
between nations.
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[Baca]
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The
Perdana Global Peace Organisation (PGPO) strongly condemns the recent
opening of Halliburton’s manufacturing centre in Iskandar Malaysia,
Johor. The American oil and gas company which is linked to the current
United States Vice President, Dick Cheney, has been raking in billions
of dollars in profit from the American invasion of Iraq which has
entered its fifth bloody year.
It is appalling that we have allowed this
war-profiteering company to invest in Malaysia. Iskandar Malaysia Chief
Executive Officer Datuk Ikmal Hijaz Hashim has been quoted defending
Haliburton and even expressed his happiness at the willingness of the
company to invest in Johor.
Are we so void of our humanity that we have to allow
these war criminals to come in and thrive in our economy? Do we really
need the blood money of a neo conservative entity that has played a
role in the murder of innocent Iraqis to fund our development?
Cheney and George Bush are oil men and war criminals
who have profited tremendously from the war in Iraq. Cheney is a major
stockholder in Halliburton whose stocks have increased from USD 10
before the war to around USD 46 today. The phenomenal increase in value
of its stocks is due to Halliburton continuously winning no-bid
contracts in Iraq amounting to almost 20 billion dollars.
As a nation that has firmly opposed the invasion and
colonisation of Iraq right from the beginning, it is a painful change
in direction to allow Halliburton to operate in Malaysia. As a nation
that has played a lead role in the Organisation of the Islamic
Conference since its conception, it is deplorable that we have opened
our doors to these war criminals that have plundered and destroyed
Iraq, a sovereign nation that was invaded on false pretexts.
Today, more than a million Iraqis have died in the
war that has been supported by firms such as Halliburton; which have
benefited from the U.S being able to control the flow of oil in West
Asia.
Surely in our endeavor to progress, we can still
afford to be humane and conscientious. We must be sensitive to the
sufferings of our brother humans elsewhere before we agree to accept
even a single cent from these murderers.
The dead in Iraq need their justice. These
warmongers who made the decision to destroy Iraq must be condemned and
brought to justice for their crimes against humanity. Bush and Cheney
must be put on trial for the blood on their hands as well as for all
the money they have made from Iraq in the past five years.
We at PGPO reiterate our fervent objection and
strongly denounce the setting up of Halliburton’s 200 million ringgit
manufacturing centre at Iskandar Malaysia in Johor. The Malaysian
government must not allow these war profiteers to put their ill-gotten
profits to operate in any way in our beloved country.
On another note, we wish to express our utter
disappointment with the decision of the Dewan Rakyat to dismiss the
motion by Dato' Seri Abdul Hadi Awang to commemorate the 60th
anniversary of the tragedy of Nakba.
The action of the Dewan Rakyat does not reflect the
aspirations and the sentiments of the Malaysian people who share in the
suffering of their Palestinian brothers and sisters. To reject this
motion on the basis that it is not urgent is a negation of the very
ideals that we hold sacred such as peace and the sanctity of life.
It is bad enough that countries such as the United
States, Britain and Australia are celebrating Israel’s 60 years of
statehood, the least we can do is for our parliamentary sitting to show
empathy and solidarity with the Palestinian people.
Tun Dr Mahathir bin Mohamad
Chairman
Perdana Global Peace Organisation
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[Baca]
23 May 2008, Friday
At the Japan Foreign Correspondents’ Club
[Tokyo, Japan]
- I would like to thank you for this
invitation to speak on the role of Malaysia and Asia on international
affairs involving politics, economic and the environment.
- By itself I do not think Malaysia can do much. But Asia is perhaps more able to contribute to these fields.
- Asia is not homogenous like Europe. The people of Asia range from
dark-skinned people to brown skinned to yellow and to white Caucasians.
It is not possible for all these different people inhabiting different
parts of Asia to collaborate in voicing identical views on anything. It
is not possible at this point in time to think of an Asian Union with
the same clout as the European Union.
- Obviously Asia’s contribution would differ greatly between the
ethnic and the regional groupings. This will render Asia less able to
influence international affairs.
- However certain parts and certain countries of Asia, particularly
those in the East and India have gained a level of development, which
would make their voices heard and respected by the rest of the world.
They would therefore be able to play a role in international affairs.
- Unfortunately they are not doing so. They are very reticent and
unwilling to take a prominent role. This is because Asians have not got
over their having been dominated in the past by the West.
- Because of this Asia is always trying to understand and accommodate
Western ideas and creeds. Asia has tried to adopt European ideologies,
European systems of Government, European perceptions of things and
values, European regimes for trade and finance etc. etc.
- There has never been an Asian initiative for the world in any
field. When globalisation was promoted by the West, Asians merely try
to adjust to a new concept of international relations, particularly in
trade, commerce and finance. Asians failed to recognise the
inevitability of a New World Order resulting from the advances in speed
of travel and instant communication and so to propose new regimes for
the world.
- If Asia wants to play a role in international affairs it must first
liberate its minds from Western mental hegemony. This must be through
deliberate effort. Asians can fall back on their greatness in the past
and learn how to reassert themselves. After all Asians discovered
Europe before the Europeans discovered Asia. Spain, the Mediterranean
lands and Eastern Europe were ruled for centuries by Asians. So Asian
involvement in international affairs is not new.
- Asian countries have shown that when they have the political will
they can excel in all the activities once dominated by the Europeans.
Asian countries have now become developed, have been able to set up
effective governments and have replaced the European countries in the
production of all kinds of goods and services.
- Many have now developed inventive skills and introduced new products to the world.
- But Asians have shied away from formulating new ideas and
ideologies, new systems and new trading and financial regimes for the
world. Yet I am quite sure that if Asians put their minds to it they
can offer better solutions to international problems.
- There is no doubt that the international trade and financial regime
as formulated by the west have now been shown to be disastrous for the
world. The US Dollar is no longer stable for use as the benchmark for
other currencies. Trading in currencies have now undermined the value
of the currencies of the world including the United States. Free trade
has resulted in many poor countries becoming unable to export their
products and earn foreign exchange. Mergers and acquisitions by giant
corporations have created monsters that have killed the small man and
created serious social and economic problems for the many countries.
- While all these disasters are happening Asian countries have either
been bystanders or they have tried to struggle for survival. They have
not proposed anything original or shown any initiative to overcome
these problems. Yet they are in a position to do something not just to
mitigate the effect of these Western conceived systems and regimes but
to propose entirely new ideas and proposals that can replace the old
regimes and usher in a new and fairer World Order.
- Asians can propose fair trade instead of free trade; the
replacement of the US Dollar by a new trading currency, the stoppage of
currency trading, replacing it with a new Bretton Woods kind of
agreement that can restore stability in the valuation of currencies,
imposing limits on mergers and acquisitions and the formulation of an
international anti-trust laws etc. etc.
- I would like to mention a particular effort initiated by Malaysia.
The world still accepts that one way of solving conflicts between
nations is to kill people and see who can kill the most. This is called
war but war is about killing people.
- In human society killing is a serious crime meriting the most
severe punishment. Yet killing thousands of people in a war is not
considered a crime. This is absurd. You must not kill one person but
you can kill hundreds of thousands.
- Malaysia is trying to make killing people in war as much a crime as
murder in any human society. This is to be a total change in human
values. Whoever initiates wars must be condemned as criminal killers
and must be punished by the international community.
- Asia can back this effort by Malaysia. This can be a major
initiative by Asia. If Asia succeeds in stopping the killings, in
making war a crime, it will mark a powerful contribution of Asia to
human civilisation. It will mean that the human race has become truly
civilised.
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[Baca]
- It is heartening to be asked to speak
on criminalizing war ? a subject that needs to be taken up by all
civilized people. How can we claim to be civilized when we condone and
legalise mass killings of men, women and children, the old and the sick
as a solution to conflicts between nations. We usually consider the
most successful killers, the ones who do the most amount of damage as
the winners and they are entitled to put thr losers on trial and punish
them, including murdering them. The judges in these courts are
nationals of the winning countries. There can be no impartiality.
- Yet at the same time we consider murder as a very serious crime
which merit severe punishment. The more civilized countries claim to be
so concerned about human life that they have abolished the death
penalty, even for murderes.
- But these same countries and these same people consider the bombing
innocent civilians, launching explosive missiles against them, machine
gunning and blowing them up with grenades as ligitimise and morally
right.
- There is something wrong there. How can we object to the murder of
individual when approve mass killing of innocent people. Yet that is
what we do in war ? we kill people, not always soldiers who may kill us
but, now, more and more often, innocent civilians who can do us no harm.
- War was in the ancient times a necessary option in the settlement
of conflicts between primitive people of nations. But in thoese days
the capacity to kill and to destroy was limited. The weapons used were
incapable of mass destruction or mass killings. Soldiers had to handle
the swords, bows and arrows, spears and daggers themselves. They had to
face the enemies who were similarly armed. If they failed to kill the
enemy they would be killed themselves.
- Wars were fought by soldiers on battle fields in those days. Of the
necessity the armies were small and the killings were relatively small.
The losers would submit to the victors and the war would be over. The
killings would also stop.
- But over time the war-like nations developed more and more lethal
weapons and the killings have become more massive. Now we are seeing
weapons of mass destruction capable of killing hundreds of thousands,
not on battle fields but just about anywhere. The whole country is made
a battlefield, sparing neither towns nor countryside, neither soldiers
nor civilians, the old, the sick and the disabled men, women and
children. The killings and the devastation is total.
- Such is the callousness of the human race that we see the killings
and the wounds inflicted as just numbers, as casualties, and now as
collaterals. The warriors gleefully notch their weapons to record
scores of kills. It is as if these victims are not human. Yet the
sufferings and the pain are very real to these people, to their
families and friends.
- These people may killed by the wounds inflicted, or they may have
their limbs and their heads torn off from their bodies while still
alive. The sufferings may be over quickly but imagine having parts of
your body torn off, your head pulled out from your neck.
- For those who survive, the pain and the suffering must be terrible.
And in most cases no help would be forthcoming, no medical aid and, no
hospitals to be taken to. They may lie there on the roads, of the
fields or buried and crushed under fallen buildings, for hours with no
hope for rescue. They may suffer horribly for hours until death relives
them.
- We are not talking about one or two persons. With modern weapons,
hundreds and thousands would experience this horror, the pain and death.
- We would strive hard to raise money to treat one cancer patient for
example. We are so human and humane. Yet we think nothing of killing
healthy people by ten of thousands.
- We read about the war, we even see pictures and TV coverage of war
but we hardly ever get to see the real sufferings of the victims of
war. We practically enjoy the TV coverage of war without thinking about
the sufferings of fellow-humans just like us who had been wounded and
killed in real life, not just in the cinema or TV screens.
- We do not think of the smell of war, of the smell of rotting
bodies, of gangrenous legs and arms, because our television cannot
bring these odours to our comfortable sitting room. In fact the TV
cameras avoid showing the horrors resulting from the war. They do not
want to offend our sensitivities. Nor do they record and broadcast the
screams of pain of the wounded and the dying.
- We must all know that war is about pain and death and destruction.
But after the civilised countries of the West developed standing armies
to replace the irregular rabbles, the state and the leaders of these
countries began to glorify war. They promoted the idea that war was
noble and those who fought wars and die or were wounded were heroes and
the icons of the people. They struck medals to decorate the killers
they sent into battle.
- Soldiers in the standing armies began to be fitted with smart
uniforms embellished with stars and gold braids. They glorify the
killers with statues and monuments. And stories are told of their
exploits i.e. of the murders they committed. Eternal flames burn over
their graves.
- In peace times they were made to parade in their smart uniforms,
proudly showing off their skills at marching with precision like so
many mechanical brainless robots. And indeed their brains had nothing
in them other than thoughts of killing. The leaders are so proud and
the girls are thrilled at the sight of these brainless killers.
- They were continuously trained in killing people, not necessarily
enemy soldiers. There were elite troops, equipped with the best
weapons, and trained to kill in the most hideous ways. They were taught
how to creep up to an unsuspecting victim and slit his throat. There
was no thought about the victim being as his attacker, most likely with
wife and children, brothers and sisters. There was no thought that a
moment ago he was alive and breathing, just like his attacker. He must
be killed because he was the enemy.
- These elite forces troops invariably undergo a psychological cange.
They became killers, pitiless killers. They look forward to wars so
they can put their killing skills into practise.
- But for years there may be no war. They retire and try to take up
civilian life. But they are trained murderers. The forces have released
murderers in the midst of ordinary people.
- They will find difficulty to adjust. Hardened and trained to look
at killings as a vocation, they either become criminals, murderers or
psychopaths.
- Those soldiers who had to serve on the war front, fighting and
killing and witnessing the horrors and becoming immune to the
sufferings of others cannot but become psychopaths also. They would
find difficulty to adjust to civilian life. They may become mentally
deranged.
- In todays war waged by the U.S. the soldiers may be exposed to
radiation, if not from nuclear explosions, perhaps from handling shells
etc coated with depleted uranium. They will suffer from radiation
sicknesses, from cancer.
- The people who sent these young people to fight their wars will be
safe. They will eat well, drink well, and enjoy life's luxuries. It is
the young who will suffer, who will pay the ultimate price.
- The novelists, the television and film producers will concoct
glorious stories of war and heroes. It does not matter if they are
blatant lies. It is good for making money. The U.S. lost the war in
Vietnam but on the cinema and TV screens Rambo would single-handedly
defeat the whole Vietnamese army. And the Americans and their allies
just love it. They would feel so proud seeing the exploits of Rambo on
the screens.
- And youngsters would be taken in with the pictorial glory depicted
and would be persuaded to join the killers in the armed forces, to
gloriously kill and wound the enemies.
- The leaders of the countries with the finest team of killers
equipped with the best arms would not hesitate to send their young
people to their death based on fabricated lies. That was what happened
in Iraq. But the people of these countries re-elected these liars so
they may continue to send the cream of their young people to their
death.
- That is what war really is ? not a glorious struggle for democracy
and human rights, but merely to satisfy the crazy ambitions of lying
leaders of the powerful countries. In the old days leaders and generals
lead from the front. The cowardly leaders of today stay clear thousands
of miles from the front, sipping wine and gorging themselves on the
finest food.
- Even as we talk here, wars are going on in several places initiated
by the bullies of the world. People are being killed and maimed. We
need to make quick progress with the criminalisation of war.
- It will not be easy of course. William Wilberforce spent 20 long
years to get the British Parliament to outlaw slave trading nearly 300
years ago. But slave trading is nothing compared to the killings and
the breaches of basic human rights in modern war. This is not to say
that slavery and slave trading are less heinous than war. But the
struggle against war is far more serious because every day newer
killing machines are being invented by the rich and powerful in order
to kill more people. And the urge to try out these machines is very
strong.
- Actually, these new weapons are bankrupting the nations of the
world. To recover the cost of research, development and production
these advanced countries are selling their weapons to countries which
can ill afford them.
- As soon as the weapons are sold to the poor, newer weapons would be
invented or the previous weapons would be modified and updated. Then
the arms salesmen would come again. If a country refuses to buy, a
neighbouring country would be persuaded to buy. Then the salesmen would
return to the first country and broadly hint that if it does not buy
then its forces would be inferior to its neighbours.
- Even if the countries are not at war with each other, their
military personnel would feel unhappy if they cannot have the new toys.
And so money that the poor can ill-afford would flow to the rich
countries. As the weapons are upgraded and newer weapons invented the
flow of money to the rich would become a deluge. The poor will get even
poorer.
- The worst part is that the poor countries will probably have no
occasion to use the sophisticated weapons. Yet they have to be
maintained at high cost while they give no returns at all to the poor
nations.
- The arms trade is destroying the economies of many poor countries.
Yet the exporting countries are not benefitting either. They have to
continue investing in research and development of newer and efficient
killing machines. The cost will mount and keep mounting as the new
technologies and innovative designs require even more sophistication
and expensive material. And if the powerful countries go to war, as
America has done in Iraq, the cost to the country is mind-boggling. The
cost of the war in Iraq for the U.S. is estimated by Joseph Stiglitz
the Nobel Laureate to be more than US$ 3 trillion dollars so far. It is
going to go on gulping more and more money. Even the U.S. cannot afford
to lose this amount of money, especially when victory has not and will
not be achieved. Imagine what we can do for the poor and the sick of
the world with just a fraction of the 3 trillion.
- And the whole world is suffering also. Everyone has to spend more
money on security, air travel is no longer safe, and lots of money have
to be expanded on checking the so-called Muslim terrorists. Far from
war against Iraq resulting in the spread of democracy in the Middle
East, it has brought about the spread of instability and insecurity to
the whole world.
- War is truly not an option in this modern world. The militarily
powerful such as the US and European countries cannot win any war,
their sophisticated and costly weapons notwithstanding. This is because
the defeat of the enemy, no matter how weak, will not end in victory
for the winner. The Governments may surrender and sign a peace treaty
but the people will not. They will continue to fight with whatever
means they have. Bitter over their countries' defeat and occupation
they will not stop fighting.
- Against these people all the modern weapons, the helicopter
gunships, missiles, bombs, rockets, stealth aircrafts and jet fighters,
special forces, tanks, warships are quite useless. Once in a while the
nationalists might get lucky and destroy a multi-million dollar
aircraft and tank.
- In Vietnam the powerful U.S. military was soundly thrashed by
pyjama-clad Viet peasants until the U.S. ran away helter-skelter. In
Afghanistan the Taliban successfully confined the NATO forces to
certain towns only. In Baghdad, the American and British forces have
achieved none of the objectives. Killing Saddam had not resulted in
ending the war. "Shock and Awe" have not overawed the Iraqis and forced
them into submitting.
- Surge and new forces have cost more money and more deaths of U.S.
soldiers, more mental diseases amongst them with no sign of bringing
the war to an end or making Iraq a successful democracy.
- The rich countries may come up with all kind of costly weapons
capable of killing more people efficiently but all these weapons will
not win wars against the people determined to fight and preserve their
independence.
- Perhaps the weapons, including nuclear weapons can be employed in a
war amongst the militarily powerful. Perhaps they cab be used by the
U.S. and Britain against Russia and China. They may be able to
pulverize these countries but these countries would also wreak havoc in
the aggressor countries. In fact the whole world will be destroyed by
war between the powerful countries.
- The rich and militarily powerful countries should take note of
this. All their money, weapons and tactical skills will avail them of
nothing. They will lose fighting against the countries weaker than
them, and they will suffer death and destruction if they fight against
countries which can match their military capability. In the end, they
would still achieve nothing.
- Clearly war is no longer an option, not just because of the massive
death and destruction that modern weaponry can inflict but also because
the cost of war has gone up so much that even rich countries like the
U.S. can be bankrupted. As Joseph Stiglitz has computed the war in Iraq
has so far cost the US $ 3 trillion dollars. The U.S. is bankrupt and
this war will prevent the U.S. from ever settling its debts. Of course
it can just not pay. That is the prerogative of the strong. The belief
that the might is right still holds.
- But as I pointed out, because of the virtual arms race caused by
the high pressure sales tactics by arms salesmen, other countries have
also become financial strapped. Indeed the whole world is now heading
for financial disaster partly because of investing in ever more
sophisticated and ever more costly arms. And for what? They are never
going to win any war with these weapons.
- The rise in oil prices are connected with war. And oil prices
affect the process of all goods. In other words, the increase in oil
prices brings about inflation. The poor of this world will be the ones
most affected. But the rich will suffer also. We are seeing this
happening now.
- The wars will be clearly bankrupt the world. And yet the wars will
solve none of the problems of humanity, none of the conflicts between
nations. The cost in human lives and property is literally killing.
- Looked at from any angle, war is a great waste of everything. So
why are we still going to war? Why are we still killing people and
destroying wealth when we are not getting anything from our wars?
- We claim to be civilized. How civilized is a society where duels
and killings are legally accepted as a way of settling quarrels. Would
justice be served when the winner usually is the one skilled in
killing? The end result must be a society of killers
- Yet war between nations is actually duel on a grand scale. Seventy
million people were killed in the Second World War. Property that was
worth trillions of dollars were destroyed. The Allies proclaimed the
winners. But what have the winners got to show for all these? Was
justice served? Were the people killed brought back to life? Was the
huge sums of money expended recovered? Was there any profit for anyone?
- The answer to all these questions must be resounding "NO". No one
gained anything from war. Everyone lost. And the cost in human
suffering is inmeasurable.
- We cannot claim to be civilized when we kill and destroy in order to prove how right we are or how just and fair we are.
- How long more are going to do this? We are already capable of
destroying the whole world. Must we wait until we do this before we
stop, before we declare wars as illegal and the people who initiate
wars as criminals? By that time you must agree it would be too late.
War must be stopped now. War must be regarded as a crime. The people
and especially their leaders who resort to war in order to settle
disputes between them and others must be regarded as criminals, must be
made to face charges in a court of law and be punished appropriately.
Until then let us not claim that we are civilised.
- I say criminalize war and punish the leaders and the people who resort to war in order to settle disputes with other countries.
[Baca]
Posted in War & Peace, Iraq, Palestine by Admin on the March 16th, 2006
THE PALESTINE CHRONICLE, MUSLIMNEWSASIA NETWORK, 8 March 2006
In Middle East policy, America ignores injustice, because
religion-based passions here at home override even vital national
interests. Our bias is not controlled by government officials but by
two peculiar, politically powerful religious communities -
fundamentalist Christianity, on one hand, and on the other an extreme
element of Judaism. Together, they burden our country year after year
with an Israel-centric foreign policy that is disastrous to America's
vital interests. Both groups have a deep-seated, passionate attachment
to the State of Israel, no matter how outrageous its behavior becomes.
Both are represented powerfully in Washington and exert a suffocating
level of influence throughout America's political system, as well as in
almost every other part of our society.
This influence is abetted unwittingly by suicide bombers, professed
Muslims who engage in reprehensible violence mainly as a barbaric
protest against foreign occupation of their land. In doing so, they
defy the rules of Islam and Christianity by taking their lives and the
lives of innocent people and thus frustrate the efforts of people who
define Islam correctly as a generous, tolerant and peaceful religion.
Nearly one-half of the American people harbor false, ugly images of
Islam and want the civil liberties of U.S. Muslims curtailed. Most
Americans also seem oblivious to the peril before all of us. They are
unaware of the flagrant bias in our policies and the price we pay for
this bias.
Despite the wonders of the Information Age, few know the truth about
how our flawed policies in the Middle East are put in place. Almost
everyone who knows the truth is afraid to speak out. This unofficial
but effective censorship is deadly. It has unwittingly has led us step
by step into deep trouble, even war. Of the two religious communities
cited above, the older and more skillful one is the American Israel
Public Affairs Committee (AIPAC). The newer but much larger one is the
fundamentalist Christian community that is guided by a controversial
interpretation of the Bible's Book of Revelation.
AIPAC consists almost exclusively of Zionists, activists whose behavior
is actually disapproved by the majority of U.S. Jews. My book, "They
Dare to Speak Out: People and Institutions Confront Israel's Lobby",
details the origin, history and tactics of AIPAC.
Ultra-Orthodox Zionists believe their messiah will not arrive until
Greater Israel - Biblical Israel - comes into being. This means the
incorporation of the entirety of the West Bank and East Jerusalem into
Israel proper. In both Israel and the United States, such Zionists
exert great political power. They receive U.S. financing, both public
and private, and are the primary force that establishes and expands the
illegal Jewish settlements that now consign Palestinians to isolated
enclaves like those that once existed in apartheid South Africa.
Christian fundamentalists are not as tightly organized as AIPAC, but
they consist of more than 50 million members. They are well disciplined
on election days and have attained great political power in recent
years. They were prominent in Bush's presidential campaigns.
The two communities make strange bedfellows. Judaic doctrine makes no
mention of Jesus Christ. Fundamentalist Christian doctrine proclaims
that when Christ returns to earth, all Jews will either be converted to
Christianity or be destroyed. The two groups are bound tightly together
today by an immediate interest - the survival of a strong, expanding
Israel as an essential precondition for the arrival on earth of their
separate messiahs.
Together, the two communities control U.S. policy in the Middle East.
They are so powerful that Congress dutifully approves massive aid to
Israel every year with no debate whatever. No mention is made of
Israel's continuing record of destroying Palestinian society through
military conquest, assassinations and wholesale destruction of lives,
homes and means of livelihood. On Capitol Hill, there is no mention of
the grave harm this bias causes to U.S. national interests.
Year after year, our government enables Israel to defy the rules of
international law and the UN Charter with impunity. Due to media bias,
few Americans are aware of this scofflaw conduct, but most other people
worldwide, especially Muslims, follow this abuse with mounting
anti-American fury. The rage over recently published cartoons of the
Prophet Muhammad is thought by many observers to be a spontaneous
eruption of anger among Muslims toward the West. Some anger may be
spontaneous, but most is grounded in the long-festering bitterness over
U.S. complicity in the plight of mostly-Muslim Palestine. In President
Bush's campaign against terrorism, he has failed to recognize that
9/11's real Ground Zero was never Manhattan or the Pentagon. It was
always Palestine and remains so today.
What motivated the 9/11 assault against America? It was a grisly
payback for America's complicity in Israel's bloody assault on Arabs
years ago. In several televised statements, Osama bin Laden cited as
motives for 9/11 U.S. complicity in Israel's 1982 bombing of Beirut, as
well as our subsequent role in Israel's destruction of Palestinian
society.
Using U.S.-supplied armor, bombs and bullets, Israel killed more than
18,000 innocent Arabs in Beirut. This provoked worldwide anti-American
fury that intensified when Congress immediately voted funds to restore
the inventory of munitions Israeli forces consumed in the massacre. I
know. I was a Member of Congress when the vote occurred.
The 9/11 calamity and our costly, stumbling wars in both Afghanistan
and Iraq are the ugly off-springs of our longstanding complicity.
Worldwide resentment against Israel and the United States has deepened
with each passing year. President Bush's failure to recognize and
redress these Arab grievances is the main reason for the lethal
insurgency now underway against our forces in Iraq. This failure
quickens our fateful pace as we plunge toward the precipice of a
widespread war over religion.
Our best way to pull back from the precipice is to pull U.S. military
forces and contractors out of Iraq. Sadly, Bush shows no sign of
changing course. Our peril deepened in the wake of 9/11 when Bush
received bad advice from Vice-President Dick Cheney and Defense
Secretary Donald Rumsfeld, my colleagues years ago in the House of
Representatives. Overreacting to 9/11, they convinced the president
that the assault made him all-powerful as commander-in-chief and that
he had a free rein to ignore Congress and tradition and could change
U.S. policies as he wished.
Bush
immediately acted the part, proclaiming his right to commit acts of war
any place he alone found a threat to our security. He scrapped national
sovereignty, the bedrock of the nation state, rammed through a panicky
Congress an unpatriotic Patriot Act and pledged to maintain U.S. forces
and foreign bases at a level sufficient to police the world.
He initiated inconclusive, stumbling wars in Afghanistan and Iraq and now hints at an assault on Iran. Syria may be next.
I am not an isolationist. The world needs policing, but no single
nation state should attempt that role. It is the proper job for a
multinational organization which our government should be helping to
create. I use plain language. Perhaps what I say troubles you deeply.
In these perilous I must speak the truth as I believe it to be.
How did we get in this mess? How do the religious lobbies maintain this tight grip on U.S. policy?
They use America's political system with great skill. They vote. They
take part in political campaigns. They contribute generously to
candidates who do their bidding and against those who do not. Their
most powerful instrument of intimidation is the reckless charge of
anti-Semitism. I know the sting. It works. It makes people who know the
truth about our complicity cower in silence.
Few Americans know - but all should know - of the silent but effective
support of Israel that exists within our government bureaucracy. Almost
every office in the executive branch and for congressional committees
that has any role in Middle East policy formulation has at least one
staff member who takes the personal responsibility of protecting the
interests of Israel as each piece of paper passes through his or her
desk. My book is replete with examples. Our government is truly
Israeli-occupied territory, but few citizens are aware of this reality.
Today's bloody mess started a half-century ago on Capitol Hill when the
lobby for Israel first promoted a heavy bias in U.S. policy in the
Middle East. Its activities thoroughly intimidated our political
institutions and effectively stifled debate. I know firsthand. I was a
Member of Congress for 22 years and have watched developments closely
ever since.
By silencing dissent, the pro-Israel lobby intimidates not just the
Congress but the entire nation. Former Ambassador George W. Ball spoke
accurately when he said that Congress behaves like trained poodles,
jumping through hoops held by lobbyists for Israel. Senators Charles
Percy and Adlai Stevenson and Representatives Paul "Pete" McCloskey,
Cynthia McKinney, Earl Hilliard and myself are among those defeated at
the polls by candidates heavily financed by pro-Israel forces. Only
McKinney later returned to Congress.
Nationally, not just on Capitol Hill, the State of Israel is treated as
sacrosanct. It is rare when a word critical of Israel is expressed even
in private conversation. This is true in the media, academia, social
circles and business communities. Almost everyone, afraid to speak out,
has an excuse for silence. Lobby intimidation even suffocates free
speech in houses of worship. It should surprise no one that Congress,
with hardly a murmur of protest, recently approved resolutions saluting
the prime minister of Israel for building high walls and fences that
keep Palestinians penned up on their own land like cattle.
I believe 9/11 would not have occurred if the U.S. had refused to
support Israel's humiliation and destruction of Palestinian society.
Any president of the past 38 years could have brought peace to the
Middle East by suspending all aid until Israel withdrew from Arab land
it seized in the 1967 Arab-Israeli war.
Why did Bush order the invasion of Iraq? Israeli footprints are found
every step of the way. U.S. General Anthony Zinni, once Bush’s
special emissary to the Middle East, spoke the truth recently when he
said Israel and oil are the widely accepted reasons for the invasion. I
will add that almost everyone knows that Israel was the stronger of the
two reasons. The war in Iraq was for Israeli interests, not American.
If we commit acts of war against Iran or Syria, these too will be
mainly to help Israel.
The raging insurgency against U.S. forces in Iraq is linked directly to
the plight of the Palestinians nearby. How can we expect Iraqis to
trust our promise of freedom for them when a few miles away we maintain
our abject, decades-long complicity in Israel’s denial of freedom for
Palestinians?
The best way to stop both the insurgency in Iraq and the gathering
storm of Christendom versus Islam is to suspend all U.S. aid until
Israel vacates illegal settlements it has established throughout the
West Bank and East Jerusalem and withdraws from Arab territory it has
held illegally since June 1967.
In Iraq, we should announce plans for a total withdrawal of the U.S.
military and contractor personnel by an early date, stating clearly
that the only units exempt from withdrawal would be any that are
expressly requested by the Iraqi government and the UN Security
Council.
These two announcements would sweep away the dark clouds of religious
war and quickly dampen the Iraqi insurgency. They would be greeted with
worldwide rejoicing as heralding a dramatic return of U.S. policy to
the high ground it once occupied.
Is the scene hopeless? Of course not. We are on the eve of a new
election cycle. Every one of us has the opportunity - yes, the
responsibility - to speak up at political gatherings, ask precise
questions of candidates and demand precise answers. We can write
letters to the editor and engage directly in partisan campaigns.
We must reject preemptive war as an instrument of public policy.
Supporters of war turn to scripture for misleading inspiration. Let us
take our inspiration from Deuteronomy, where God instructed Moses with
these words: "Seek justice, only justice." The peril is immediate and
great, but it is not too late for justice.
I am 84. I've been on the firing line for justice in U.S. policy in the
Middle East for nearly half my life. I do not regret a minute of that
long endeavor. I will never give up. Will you help?
-Paul Findley was a Member of Congress, 1961-83, and is the author of five books, the latest being
"Silent No More: Confronting America's False Images of Islam". He resides in Jacksonville, Illinois.
[Baca]
China
has been on the radar screen of US foreign policy makers and political
strategists since 1949. That was the year that the Chinese Communist
Party seized power in the world's most populous nation through a
popular revolution. For the next three decades the United States of
America was concerned about curbing the influence of Chinese communism,
especially in Asia. However, since the beginning of the nineties it has
focused more on ensuring that China does not emerge as a superpower
capable of challenging US supremacy and its global hegemony.
In
this chapter we shall first show how the US sought to check the spread
of Chinese communism. Both the successes and the failures of this
enterprise will be examined. We shall then turn to the current, more
complex phase in US China relations. On the one hand, corporate America
is one of the principal beneficiaries of China's economic dynamism. On
the other hand, the political and military elites in the US, deeply
perturbed as they are about China's ascendancy, are seeking to curb and
contain China's power and influence within the region and in the world.
The chapter will conclude that there is no reason to contain China. But
there is every reason to check Washington's global hegemony.
Curbing Chinese Communism
Various Moves
For
American leaders in 1949 the "loss of China" --- meaning by which the
overthrow of the Kuomintang regime of Chiang Kai-shek, a staunch US
ally, by the communists --- was a catastrophic blow. It conditioned to
a great extent various US moves and manoeuvres in different parts of
Asia for the next 20 years or so. It was one of the main reasons for
instance behind "President Truman's decision in 1950 to order the
Seventh Fleet to defend Taiwan and police the Taiwan Strait..." China
was also a factor in explaining General Douglas MacArthur's decision to
march north to the Chinese border in 1951 in the midst of the Korean
War, thus provoking Chinese intervention. Even US intervention in
Vietnam which began in an oblique manner in the fifties and intensified
in the early sixties was motivated in part by a fear of China acquiring
greater influence in Southeast Asia if North and South Vietnam were
united under Ho Chi Minh's communist rule. US involvement in Indonesia
in the late fifties till the mid sixties was also shaped to a
considerable degree by the China factor. As the Kahins observed in
their 1995 work entitled Subversion as Foreign Policy, "To a striking
degree the massive involvement of the United States in Indonesia was
part of a piece with the composite pattern of anti-communism,
loss-of-China prescription, and opposition to neutralism that was so
prominent in its relations with other Southeast Asian countries".
The
string of military bases that the US either established or reinforced
in various Asian countries after 1949 was also in a sense a response to
the perceived threat of Chinese Communism. By the end of the sixties,
the US had bases in a number of countries from Japan and South Korea to
Taiwan and Thailand to South Vietnam and the Philippines. Two of these
countries, the Philippines and Thailand were part of a eight nation
anti-communist military alliance initiated by the US called the
Southeast Asia Treaty Organisation (SEATO). Set up in 1954, SEATO also
included (apart from the US), Britain, France, Australia, New Zealand
and Pakistan.
At the same time, the US forged close
political and economic ties with a whole range of countries in Asia
including those that were outside SEATO. Opposition to communism was
one of the reasons why some of these countries --- such as Malaysia ---
gravitated towards the US. The US for its part attempted to strengthen
the economic foundations of these countries --- Japan, South Korea,
Taiwan, Thailand, Malaysia and Singapore, among others --- to show the
world that capitalism offered a better alternative to communism.
Investments
from the US and other Western capitalist economies, American
technologies and easy access to the huge American consumer market were
all meant to accelerate the development of anti–communist Asia.
Those
governments which were not communist but refused to be drawn into the
US's anti-communist alliances, both formal and informal, often earned
the wrath of Washington. Two outstanding examples of this were the
Sihanouk government in Cambodia and the Sukarno government in Indonesia
in the late fifties and sixties. Because of his refusal to join SEATO
and his determination to develop ties with China and the Soviet Union
while maintaining good relations with the US, Sihanouk became the
target of US machinations - specifically CIA engineered manoeuvres - to
topple him. Finally, the CIA succeeded in 1970. Similarly, concerted
efforts were made by the CIA and successive US Administrations to
depose Sukarno whose desire to remain outside both the US and Soviet
orbits irked a lot of people in Washington. As with Sihanouk, they
eventually managed to oust Sukarno in 1965.
It
is worth noting that it was only after Sukarno was overthrown that
Washington gave enthusiastic support for the formation of another
regional grouping, the Association of Southeast Asian Nations (ASEAN),
in 1967. In the initial stages, ASEAN brought together five states,
namely, Indonesia, Malaysia, Singapore, Thailand and the Philippines.
Unlike, SEATO, ASEAN gave no emphasis to military cooperation. The
focus was on economic and cultural cooperation, buttressed by political
cooperation aimed at creating peace and stability within the region.
However, the five ASEAN states, we should remind ourselves, were
staunchly anti-communist. Indeed, right up to 1974, none of them had
any diplomatic relations with China. And the US was very keen on making
sure that it remained that way since its Vietnam adventure was turning
into a mess and it was apparent by the early seventies that the US was
on the verge of suffering a major defeat at the hands of the Vietnamese.
Success or Failure?
It
is appropriate to ask at this point : did the US succeed in containing
the spread of Chinese communist influence in Asia in the fifties right
up to the seventies ? US intervention in the Korean War, specifically
its provocative stance vis-Ã -vis China only served to entrench the
division between communist North Korea, on the one hand, and South
Korea, on the other, which, to all intents and purposes, was a client
state of the US. Its massive military involvement in Vietnam could not
prevent the unification of North and South Vietnam under communist
leadership but a communist leadership which all along had been more
nationalist than communist : a critical characteristic of the
Vietnamese liberation movement which the political strategists in
Washington had missed. As in the case of Vietnam, the US failed to stop
communist governments from coming to power in both Laos and Cambodia.
But
outside the Korean Peninsula and Indo-China, the US, at first glance,
appears to have had some success in keeping much of Asia non-communist.
Didn't it help to thwart the rise of the Indonesian Communist Party
(PKI), an ally of the Chinese Communist party, by orchestrating a right
wing coup and installing a military junta in power in 1965? Didn't the
US blunt the appeal of the communist ideology by facilitating --- as we
have seen --- the rapid economic development of a number of countries
in the region?
While there is certainly a grain of
truth in both these rhetorical questions, a closer examination of the
situation in each country in Asia will reveal that the main reasons
that explain why communism was kept at bay are more complex and
contextual. A few examples will suffice. In Indonesia for instance the
role played by Islamic organizations in mobilizing mass sentiment
against communism --- given its association with atheism in the popular
mind --- was a far more crucial factor in the demise of the PKI than
the CIA engineered coup itself. Islam also acted as a bulwark against
the spread of communism in Malaysia. An ethnic factor perhaps had an
even more decisive impact. Since the majority of the communists in the
country were Chinese immigrants or descendants of immigrants, the
indigenous Malay community viewed the armed communist insurgency as an
alien attempt to wrest power from the 'sons of the soil'. Besides, the
government had also succeeded in overcoming the underlying political,
economic and cultural grievances that had fuelled the insurgency.
Similarly, by attending to some of the grievances of the peasantry, the
Philippine government especially in the fifties and sixties managed to
weaken the communist movement in that country. Catholicism also played
a role. In Thailand, communism was never a major challenge.
Nonetheless, the overwhelming moral authority of the monarchy ensured
that belief systems which were at variance with its notion of order and
hierarchy could not develop a mass following.
As
for the link between the economic progress of various countries in Asia
and the containment of communism, US support was far less important
than certain endogenous inputs. In South Korea and Taiwan land reform
and state led economic growth accompanied by distribution provided the
real impetus for transformation. It is a matter of some irony that both
these achievements were not in sync with American style capitalism. In
the case of Singapore, an incorruptible, competent leadership capable
of planning and executing policies for the people was the single most
important factor that created prosperity in the little island republic.
Likewise, Malaysia’s economic success was due mainly to a judicious
mix of growth and equity achieved over long decades of relative ethnic
harmony and political stability.
What all this implies is
that neither American economic policies in the region nor its military
and political interventions were decisive in checking the spread of
communism. The attempt to forge a military alliance to curb the
ideology's expansion was also an abysmal failure. SEATO was pronounced
dead and laid to rest in 1977. The numerous military bases that the US
established in Asia were equally ineffective. If anything, they merely
served to incense and antagonise the local population. Okinawa was a
case in point. The Clark and Subic bases in the Philippines were closed
down in the late eighties partly because of 'people power' .
Containing China
Economic Transformation
It
is one of the great ironies of history that after more than 27 years of
American military, political and economic efforts to defeat Chinese
communism, the ideology, specifically its economic dimension, was
vanquished by the Chinese ruling elite itself ! The modernizers within
the leadership with Deng Xiaoping at the helm, who managed to wrest
power from the dogmatists following the death of Mao Tse Tung and the
end of the disastrous Cultural Revolution in 1976, introduced some
fundamental changes to the economic system. Private ownership of farms
and small and medium sized enterprises was allowed by law;
entrepreneurs could retain their profits; private savings were
encouraged; and domestic and foreign investments in various sectors of
the economy were given a boost. As a result of these changes, much of
China was transformed into a market economy.
In the
course of the last 25 years this market oriented economy has witnessed
phenomenal progress. It has grown at an average rate of 9.5 % per annum
for more than two decades, making it the world’s fastest developing
economy. Indeed, in terms of purchasing power parity, China is already
the world’s second largest economy .
Cheap, quality
Chinese goods are found everywhere, from Latin America and Africa to
Europe and the United States. China has also become a huge global
factory producing goods for some of the biggest multinational
corporations in the world. "For example, most Dell Computers sold in
the US are made in China, as are the DVD players of Japan's Funai
Electric Company."
The East Asia specialist, Chalmers
Johnson notes that "China's trade with Europe in 2004 was worth 177.2
billion, with the United States 169.6 billion and with Japan 167.8
billion." It is because China’s trade with the US has been growing
rapidly --- by some 34% in 2004 ---- that ports on the west coast such
as Los Angeles, Long Beach and Oakland have become "the three busiest
seaports in America".
It goes
without saying that big American corporations view China today as a
gigantic jar of honey which they have just begun to savour. But there
are other influential and powerful actors who are becoming increasingly
critical --- and wary---of China. Some of them have drawn up elaborate
strategies on how to contain China.
Negative Perceptions: Human Rights
We
have attempted to classify these negative perceptions of China into
three categories. First, there are criticisms that revolve around
China's human rights record. Then, there are those fears about China as
a military threat to its neighbours. Finally, there is concern within
certain circles that China, because of its growing economic clout,
poses the most formidable challenge ever to the United States' global
hegemonic power. These three categories are by no means water-tight
compartments. A group that condemns China for its suppression of
freedom of expression may also harbour misgivings about its alleged
military build-up and at the same time may believe that China is
preparing itself to become the next superpower. After elucidating the
arguments in each of the three categories, we shall subject them to
scrutiny.
Accusations about China's gross human rights
violations have a long history behind them, dating back to the birth of
the communist state in 1949. However, since the economic transformation
of China, these allegations have become more specific and more focused.
The continuing political dominance of the Chinese Communist Party, the
absence of electoral competition and a multi-party system, state
control over the media and the judiciary and glaring weaknesses in the
observance of the rule of law are some of the issues that human rights
caucuses in the US, academics and politicians from both the Republican
and Democratic parties often target. In more recent years, some of
these groups, reinforced by influential Christian networks have
deplored the lack of religious freedom in the country. They point to
the curbs and controls imposed by the State upon the Catholic and
Protestant Churches and upon the spiritual movement known as the Falun
Gong.
There is a strong factual basis to many of the
allegations hurled at the Chinese government about its lack of respect
for the civil and political rights of the people. It is irrefutably
true that the Communist Party controls all the major institutions of
state and society. And yet, an objective evaluation of the situation
will persuade us that perceptible changes are taking place in China. In
certain parts of China, the Party has allowed grassroots elections for
village councils to be held. The candidates are individuals without any
affiliation to the Party. Some mayors and city councilors organize town
hall style meetings where a whole range of issues are debated.
Environmental groups have emerged even in rural areas to protest
against state projects such as dams that impact adversely upon the
lives of vulnerable peasant communities. There are also instances of
well educated professionals challenging corrupt public officials in the
media and exposing abuses of power. Even in the sphere of religion,
'household' churches that refuse to toe the Communist Party line are
tolerated in an environment where all religions, from Buddhism and
Taoism to Christianity and Islam are experiencing a revival of sorts.
Besides, the teachings of Confucius --- China’s greatest sage ---
which were sidelined during the Mao decades have now gained
considerable respectability and are offered as university courses.
The
unwillingness of the Washington political elite and most human rights
advocates in the US to acknowledge that China is gradually embracing
certain political and social freedoms has begun to pique Chinese
leaders. They suspect that constant attacks upon China's human rights
record may be a ploy to discredit the nation so that it will not gain
legitimacy and credibility as a leader of the world community. This is
one of the reasons why the Chinese government has now chosen to
retaliate against US criticisms by publishing its own annual report on
US human rights violations.
Negative Perceptions: Military Threat ?
Just
as the US accuses China of human rights transgressions, it also often
alleges that China poses a military threat to its neighbours. As we
have hinted, since Chiang Kai-shek installed himself in Taiwan in 1949,
US political, military and security elites have projected the island in
the eyes of the world as the primary target of China’s military
agenda. It is because of China's aggressive policy towards Taiwan,
these elites argue, that tensions rose over the Taiwan Straits in 1954
and 1958 and then again in 1996. The fact that China fired missiles
into the sea near two major Taiwanese ports between July 1995 and March
1996 and the US was forced to respond by dispatching the USS Nimitz and
the USS Independence shows clearly that Beijing has no qualms about
using military force to regain control over Taiwan. If anything, the
anti-secession law passed by the National People's Congress in March
2005 which states unequivocally that China would resort to
"non-peaceful means" to reunify Taiwan with mainland China after all
other means have failed, is conclusive proof of Beijing's intention.
There
have been other situations too where Beijing has flexed its muscles,
Washington elites point out. It has allegedly adopted a belligerent
stance over the Spratly and Paracel islands in the South China Sea.
These islands are claimed in part or whole by six other governments,
Vietnam, Taiwan, the Philippines, Malaysia, Brunei and Indonesia. In
fact, China and Vietnam clashed twice, in 1974 over the Paracels and in
1988 over the Spratlys.
All this indicates --- China
critics are fond of saying – that China's neighbours are not safe or
secure. After all, Beijing has increased its military budget by 12.6 %
in 2005, bringing it up to 29 billion dollars. In the last 15 years,
its military expenditure has been increasing steadily in the name of
the modernisation of its armed forces.
While concern
over China's militarisation and the challenge that this poses to the
region has been expressed by American leaders of various stripes, it is
the neo-conservatives (neo-cons) surrounding President George Bush who
have been particularly vocal about it. They are convinced that China is
building its military power in order to dominate the rest of Asia. This
constitutes "a direct threat to Taiwan and China's other democratic
neighbours---and to America's vital interest in a balance of power in
Asia" .
China,
as one would expect, has a totally different perspective on all the
issues pertaining to its alleged military role in Asia. Taiwan is an
integral part of China. Right from 1949, the Beijing leadership had
made it unambiguously clear to the world that it would never ever
tolerate the idea of a separate, independent Taiwan. The United Nations
itself conceded to the Chinese view in 1971 when it returned the China
seat in the UN to its rightful occupant - after it had been unjustly
usurped by Taiwan for 22 years mainly because of the backing of the US.
Indeed, when the US established full diplomatic relations with Beijing
in 1978, it recognized that indisputable fact in international law that
there is only one China and Taiwan is part of it. US Administrations
since then have by and large accepted this political reality --- except
that the Bush presidency, it is obvious, is less enthusiastic about it
than its predecessors . Be that as it may, as far as international law
and established political and diplomatic norms are concerned, China has
every right to ensure that its territorial integrity and national
sovereignty are respected, even if that means using force - as a last
resort - to bring about the reunification of Taiwan with mainland China.
By
the same measure, China's territorial claims over the Spratlys and the
Paracels by themselves are no indication of its military ambitions in
the region. A cursory study of Chinese history will reveal that the
Chinese have always been preoccupied with the sanctity of their borders
and have from time to time gone to war to enforce their territorial
claims. This is what happened for instance in the early part of the
fifteenth century during the period of the Ming Dynasty when the
Chinese armada – the biggest and the most advanced in the world at
that time --- embarked upon a series of global voyages under the famous
Admiral, Zheng He. The only naval battles that the armada was involved
in were confined to areas that were contiguous to China's borders ---
in the Spratlys and Paracels; in parts of northern Vietnam; and in
Yunnan. From other parts of Southeast Asia what the Chinese kingdom
expected was an acknowledgement of its political suzerainty. This is
why Zheng He who went right up to East Africa and Arabia and perhaps
even further did not use the formidable naval power at his command to
conquer alien territory or to establish bases on foreign soil . Fast
forward to the twentieth century, even China’s brief war with India
in 1962 was also about border regions and boundaries.
Based
partly upon its historical record and partly upon its current political
conduct in Asia, Beijing has always maintained that its neighbours have
nothing to fear from its increased military spending which has been
prompted largely by the US stance vis-a-vis Taiwan. Even with these
increases, China’s military expenditure of 29 billion dollars for
2005 amounted to a fraction of the US military budget of 400 billion
for the same year. By way of comparison, Japan's military expenditure
in 2005 came up to 47 billion dollars.
It is not China
that has been belligerent towards its neighbours. It is the US that has
been aggressive towards China. In April 2001 for instance a US plane
spying upon a Chinese battleship collided with a Chinese military
aircraft in mid-air resulting in the death of its pilot. Beijing
considered it an act of provocation but avoided a confrontation with
the US over the incident . For even more compelling evidence of the
US’s belligerent attitude towards China, one has to look at its
ballistic missile defence (BMD) programme. The BMD programme is
essentially "a new space-based, high-tech grand strategy for
transforming the military and securing global dominance for decades to
come." The proponents of BMD such as the US Defence Secretary, Donald
Rumsfeld, see China as one of the principal hurdles to total US global
dominance and are convinced that an ultra sophisticated weapons
programme will deter the former from even contemplating challenging the
latter. To contain China, Rumsfeld and others in the Bush
Administration are now encouraging some of China's neighbours to
strengthen their military muscles. Japan has been asked to set aside
its pacifist Constitution and accelerate its rearmament. Given the
uneasiness between Japan and China which erupted yet again in April
2005 over Japan's distorted presentation of its massacre of the Chinese
people before and during the second world war in a school text, a
rearmed Japan can only send shivers down the Chinese spine. The US has
also promised India that it will extend whatever help it can to enable
China’s southern neighour to become a major world power.
There
is no doubt at all that containing China militarily is high up on
Washington’s Asian agenda. This is not because China is a threat to
any of its neighbours or to the US. Projecting China as a military
threat is part of the US strategy of perpetuating its own military
dominance. It is to ensure that any nation that is not an ally or a
client that may have some military potential is clubbed and clobbered
before it raises its head. After all, for the neo-cons, US global
hegemony is the prized trophy of American victory in the cold war. It
is a trophy they would want to hold on to at all costs. Besides,
military hegemony also means ever escalating military expenditure and
bigger and bigger contracts for the arms merchants.
Negative Perceptions: Economic Clout
This
brings us to the third major argument for containing China propounded
by the neo-cons and their ilk. It is because of China's rapid economic
ascendancy that the US feels threatened. We have already caught a
glimpse of China's economic dynamism. What we have yet to fathom is why
this economic dynamism is viewed with so much trepidation in certain
circles.
For some years now in their burgeoning bilateral
trade, the US has been recording larger and larger deficits as against
China's bigger and bigger surpluses. In 2004 for instance China
registered a 162 billion dollar trade surplus while for June 2005 the
figure was 17.6 billion. These surpluses are due mainly to US imports
of cheap Chinese textiles and apparel.
Since these huge
trade deficits result in the loss of manufacturing jobs, quite a bit of
anger has developed against China among both American workers and some
owners of capital. They feel that it is because the Chinese currency,
the Yuan, is grossly undervalued---its July 2005 de-pegging from the
dollar and slight appreciation notwithstanding --- that China is able
to export its goods so cheaply. They argue that China should therefore
allow the Yuan to appreciate much more.
America's trade
deficit has been exacerbated by its federal budget deficit. This
deficit began to grow under the Reagan presidency in the eighties and
was caused to a great extent by his tax cuts and military expenditure .
This twin deficit - trade and budget - is primarily responsible for the
US's massive debt which has worsened under Bush. As of 15 August 2005,
its outstanding public debt stood at more than 7.9 trillion dollars.
The US today is the world’s largest debtor nation. A substantial
chunk of this debt is owed to countries in East Asia such as Japan,
China, South Korea and Taiwan. This is yet another reason why the US
feels that it has become increasingly vulnerable to Chinese economic
power.
To
add to these woes of the US economy, China is attempting to buy up
American multinational corporations. The most high profile of these was
the bid by the China National Offshore Oil Corps (CNOOC) to take over
the giant American oil company, UNOCAL. Though the CNOOC offered a
better price – 18.5 billion dollars - than its American rival,
Chevron, both the US House of Representatives and the US Senate went
all out to stop the purchase. The failure of the Chinese take-over bid
shows that the American political elite has become extremely alert to
what they perceive as China's looming economic challenge.
There
is yet another related aspect of China's present economic drive which
has set alarm bells ringing in Washington. Since the Chinese economy is
expanding rapidly, its energy needs have increased by leaps and
bounds---which was one of the reasons behind its UNOCAL bid. But more
than purchasing foreign oil companies, the Chinese strategy is to forge
agreements and establish solid economic links with energy producing
countries and regions. China has very good relations with a number of
such countries in the African continent which supplies China with
almost one third of its oil needs. Latin America is another region of
the world where the Chinese are active finalizing sales agreements.
They have agreed "with Brazil's state controlled oil company to finance
a $1.3 billion gas pipeline between Rio de Janeiro and Bahia once
technical studies are completed". Under new agreements made with the
government of Venezuela "China will be allowed to operate 15 mature oil
fields in eastern Venezuela. China will invest around $350 million to
extract oil and another $ 60 million in natural gas wells" . In
September 2004, China and Kazakhstan entered into a $ 3.5 billion
pipeline agreement. Even more significant, on the 28th of October last
year, Beijing and Tehran signed a $100 billion dollar agreement which
"entails the annual export of some 10 million tons of Iranian liquefied
natural gas (LNG) for a 25 year period, as well as the participation,
by China's state oil company, in such projects as exploration and
drilling, petrochemical and gas industries, pipelines, services and the
like" . At the same time Iran will also be exporting 150,000 barrels of
crude oil per day to China for 25 years at market prices. Needless to
say, these newly forged Beijing-Tehran links have created a great deal
of consternation in Washington. Washington is equally dismayed that its
long time ally, Saudi Arabia, has granted to a Chinese oil company "the
right to explore for natural gas in Saudi Arabia's al-Khali Basin and
Saudi Arabia has agreed to build a refinery for natural gas in Fujian
(China) in exchange for Chinese investment in Saudi Arabia's bauxite
and phosphate industry".
How
has Beijing itself defended its trade, investment and economic ventures
in the last few years? It rightly attributes its penetration of the
American and other markets to its ability to produce cheap but quality
goods and products which cater to consumer tastes. It is able to do
this for an obvious reason : an abundance of skilled, productive labour
and not because of its currency per se. Likewise, China views its quest
for energy as a legitimate economic activity. It is seeking access to
oil and gas. It has no intention of controlling the level of production
or the pattern of distribution of these resources which it recognizes
is the sole prerogative of the nation which owns them.
This
is the nub of the matter. Unlike China, the US has, for the last so
many decades, sought to control, directly or indirectly, the production
and distribution of oil and gas at some of the most strategic energy
centers on earth. It explains to a great extent why it has embarked
upon wars, established military bases, propped up puppet regimes and
manipulated politics in certain regions. This is especially true of its
role in the Middle East---the world's most important oil exporting
region --- since the second world war. From the overthrow of Prime
Minister Mohamed Mossadegh in oil rich Iran in 1953 to the invasion and
occupation of oil rich Iraq in 2003, it is the same old story of the
assertion and re-assertion of hegemonic power over and over again.
There is no need to repeat that it is because of its determination to
perpetuate and expand its global hegemony that Washington has
deliberately chosen to portray China's economic ascendancy as a threat
to its well-being. China, on the other hand, has tried on a number of
occasions to assure the US that its rise is not a threat to anyone. As
one of its leaders put it recently, "China's development is an
opportunity instead of a threat to the world. That is becoming the
consensus of the international community."
Consequences... and Conclusion
If,
in spite of Chinese assurances, Washington continues to regard Beijing
as a threat that should be contained economically, politically and
militarily, it is quite conceivable that tensions between the two
nations will increase rapidly. In such a situation, Taiwan could be the
flash point of an actual conflict. Other Asian nations might be drawn
into the conflagration. Japan is a prime candidate. So is South Korea.
Even India - the present thaw in Sino-Indian relations notwithstanding
--- could gravitate towards Washington in the event of a Sino-US
conflict. ASEAN states would also be forced to take sides.
Of
course, there are analysts who argue that a war between the US and
China is most unlikely because of the power and potency of
globalisation. As we have seen, American investments are flowing into
China and vice versa. Bilateral trade is increasing. Technology
transfers are multiplying. China, in other words, is becoming more and
more integrated into the Washington helmed global economy. As one of
these analysts puts it, "That fundamental reality of the global economy
explains why we won't be going to war with China. The Pentagon can plan
for all it wants, but it does so purely within the sterile logic of
war, and not with any logical reference to the larger flows of
globalization".
It
is doubtful whether globalisation alone will be enough to dissuade the
Pentagon, the neo-cons and other influential actors and lobbyists in
Washington from pursuing their agenda of curbing and controlling China.
For containing China, as we have shown, is not just a question of
putting China in its place. It is, we reiterate, a camouflage for
perpetuating and enhancing US global hegemony. It is a goal which is
driven by its own logic - the logic of power. Hegemony seekers like the
neo-cons will not subordinate this passionate commitment of theirs to
other considerations. In fact, this is explicitly articulated in
Washington's infamous National Security Strategy of September 2002
which makes it clear that the US will not brook any challenge to its
global hegemony - an hegemony which it views as permanent and
perennial.
This
is why the root of the problem that confronts humankind today is
Washington's global hegemony, not China's ascendancy. It is checking
Washington's hegemony, not containing China, that is the real challenge
facing us all at this hour.
How will we respond to this global challenge?
References
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Amnesty International Report (2004), China London : Amnesty International Publications.
Barnett, Thomas P. M. (2004), The Pentagon's New Map (New York : Berkley Books.
Ching, Frank (2005), China may have to think again on Africa 14 July.
Falk, Richard (2004), America's Imperial Geopolitics The Declining World Order (New York and London: Routledge.
Internet Posting (2005), US National Debt Clock 15 August.
Johnson, Chalmers (2002), The Costs and Consequences of American Empire London: TimeWarner Books.
Johnson, Chalmers (2004), The Sorrows of Empire United Kingdom : Verso.
Johnson, Chalmers (2005), No Longer the "Lone" Superpower Internet Posting Common Dreams News Center 15 March.
Johnson, Chalmers No Longer the "Lone".
Kahin, Audrey R and Kahin, George McT. (1997), Subversion as Foreign
Policy Seattle and London : University of Washington Press.
Kaur, Hardev (2005), On the threshold of a new Asian century 15 April.
Munro, Ross H. (2000), China: The Challenge of a Rising Power in
Present Dangers Crisis and Opportunity in American Foreign and Defense
policy Robert Kagan and William Kristol (Editors) San Francisco :
Encounter Books.
Muzaffar, Chandra (2003), Muslims Dialogue Terror (Malaysia : International Movement for a Just World.
Muzaffar, Chandra (2004), The Interface between Southeast Asia and the
US : A Contemporary Analysis. Paper presented at an international
conference on the theme Their America : The US in the Eyes of the Rest
of the World organized by the New School in New York City 18-19 October.
New Straits Times (2005), China says its rise is not a threat 29 July.
New Straits Times (2005), Why Beijing wants to take over Unocal 28 June.
New Straits Times (Malaysia) (2001), Jiang blames US for collision 4 April.
New Straits Times (Malaysia) (2005), China passes anti-secession Bill 15 March.
New York Times (2004), 8 January.
Power and Interest News Report (2005), Setting the Stage for a New Cold
War : China's Quest for Energy Security 3 March.
Report (2005), The Human Rights Record of the United States in 2004
Beijing: State Council of the People’s Republic of China.
San Francisco Chronicle (2005), 13 August.
Sheridan, Greg, (2005), India, US make a tectonic move The Australian 23 July.
Time (2005), A New China Rises 27 June.
Wade, Geoff This view of Admiral Zheng He's voyages is now being
challenged by certain biased Western historians who are out to present
Chinese naval power in the fifteenth century as 'imperialistic' and
'militaristic'. See for instance article at
www.ari.nus.edu.sg/docs/wps/wps04_031.pdf
Paper
presented on "Containing China - a Flawed Agenda" at Workshop on
Searching for Peace & Equitability in the Post – 9.11 World:
Exploring Alternatives for Japan and Australia' at Nanzan University,
Nagoya, Japan on 14 September 2005.
[Baca]
What it is and What it Means for all of Us
Chandra Muzaffar
A global empire is in the making : the first global empire in history.
Military Power
Like
other empires in the past, this empire is also being forged through the
force of arms. The US today commands overwhelming military power. It is
not only more powerful than any other nation on earth. Its strength
exceeds that of the next 14 militarily powerful states put together.
There has never been a military power as formidable as the US in
history. No less than 800 US military bases garrison the globe. Its
military strength extends from the depths of the ocean to the outer
reaches of space. It aims for 'total spectrum dominance'.
It is because of its
massive, mammoth military power that Washington feels that it can
disregard international law --- as it did in the invasion of Iraq in
March 2003. Even the servile and subservient Kofi Annan(United Nations
Secretary-General) was compelled to declare that the war was illegal,
albeit a year after the invasion.
Again, it is because of
its military power that the US has bestowed upon itself the mantle of
exceptionalism. It has demanded, and has secured, from a number of
countries the right to exempt its soldiers from legal prosecution if
they are involved in wrongdoings in the course of discharging their
duties in foreign lands under the auspices of the UN or in other
capacities. What this means is that even if a country is a signatory to
the Rome Statute and upholds the International Criminal Court, it
cannot haul American soldiers to Court. The US itself is vehemently
opposed to the ICC.
Military power is also one of the
reasons why in global politics Washington has chosen the path of
unilateralism. With a few of its allies and clients in tow, it elects
to do what it deems is right in the global arena without any regard for
international public opinion. This is exactly what it did in the Iraq
episode. It decided to invade and occupy a sovereign nation even though
the people of the world were against its action, even though the UN
refused to endorse its decision. Because it has opted for unilateralism
over multilateralism and prefers coercion to negotiation, the US has
been accused of fascism in international politics.
Iraq
is also proof of how military power is used to gain control over a
critical economic resource, namely, oil. Even in the case of
Afghanistan military power was used to first topple the Taliban regime
following which the US extended its tentacles to the five Central Asian
republics. Initially, in three of those republics it quickly
established military bases. It now exercises effective control over the
oil wealth of the entire Central Asian-Caspian Sea region. Military
power has also been utilized to oversee strategic sea routes in order
to safeguard American trade, investments and markets. In short,
military power is an essential pre-requisite for the protection of the
entire Washington helmed neo-liberal capitalist system with its
Multinational Corporations (MNCs) and Transnational Corporations
(TNCs), banks, financial markets, currency dealers and commodity
speculators. This is what Thomas Friedman, one of the staunchest
defenders of the American Empire, meant when he lauded the iron fist as
an important pre-condition for the functioning of the hidden hand.
Entertainment Power
But
it is not just through military power that the Empire is being built.
The United States' entertainment industry has always played a very big
role in shaping popular attitudes both within and without the nation.
Through films and videos, music and songs, cartoons and comic strips,
the US is projected as a champion of freedom and democracy, a land of
opportunity and prosperity, a nation which values talent and
accomplishment. Over the years, the US, especially for the foreigner,
has come to be associated with an alluring lifestyle built around
personal liberty and individual success. No wonder entertainment
products constitute the US's biggest exports !
Thus there
is hard power---military power---and soft power---entertainment
power---that are both being harnessed to build the Empire. To put it in
another form, there is stark power and subtle power. As we have seen,
subtle power depends upon stark power. The reverse is also true. Subtle
power makes stark power palatable. After exposing Vietnamese youth to
American pop culture for a couple of decades, US warships are now
re-visiting Vietnamese ports.
Genesis ; Obstacles
At
this point we should pause and ask: How did the American Empire grow
and develop? Of all the Western colonial empires involved in the second
world war, it was only the US that emerged relatively unscathed. Even
the victors of that war like Britain were financially devastated. This
meant that in 1945 it was only the US that was in a position to lead
the world. And the US chose to demonstrate its leadership of the world
in two ways.
It forced the world to acknowledge that only
the US commanded overwhelming military power. It dropped two atomic
bombs on the Japanese cities of Hiroshima and Nagasaki on the 6th and
the 9th of August 1945 respectively, killing 340,000 men, women and
children. Since there is compelling evidence now to show that Japan was
on the point of collapse and surrender a couple of months before the
bombs were dropped, the only real reason for the bombings appears to
have been the desire to prove to the world that the US was an
invincible military power and that everyone should take notice of the
fact.
At the same time, the US helped to establish a
number of international institutions which would shape the world
according to its vision. The most notable of these was of course the UN
founded in 1945 which was to be led by the US and its four allies at
that time (Britain, France, the Soviet Union and China) all of which
were given the veto power. Before that in 1944, the US had launched the
World Bank and the International Monetary Fund (IMF). In 1947, it
initiated the General Agreement on Tariffs and Trade (GATT).
However,
Washington's plan to dominate the world with the assistance of its
allies was short-lived. By 1949, the Soviet Union was in effective
political and military control of Eastern Europe. Soviet style
communism was the reigning ideology in the region. Europe was now split
into states professing capitalist democracy in the West and states
aligned to the Soviet Union in the East with a bifurcated Germany
epitomizing the divide. The cold war had begun. 1949 is also
significant in the sense that it was the year that the Chinese
Communist Party under the leadership of Mao Tze-Tung seized power
through a people's revolution. As with the Soviet Union, the US now
regarded China as an adversary. With the emergence of two powerful
communist states with their respective supporters, it had become more
difficult for the US to push ahead with its vision of the world.
There
was another phenomenon which began to unfold from the late forties
which also affected Washington's drive for dominance or hegemony. A
number of colonized states in Asia and then Africa achieved their
independence through the fifties and sixties. These countries did not
want to be subservient to the US---or to the Soviet Union for that
matter. Some of them came together in Bandung, Indonesia, under the
leadership of men like Sukarno(of Indonesia), Jawaharlal Nehru (of
India), Chou En-Lai (of China) and Gamal Nasser (of Egypt) to proclaim
their collective determination to defend their national independence
and sovereignty on the basis of the Bandung Principles. Asian and
African nationalism, it was obvious, was yet another obstacle to
Washington's Empire. If anything, nationalist sentiment was further
consolidated through the formation of the Non-Aligned Movement (NAM) in
1961 which included almost all the states that initiated Bandung, with
the exception of China.
The challenge posed by communism,
on the one hand, and nationalism, on the other, to Washington and its
allies merged in the valiant struggle of the Vietnamese people under Ho
Chi-Minh to restore their integrity and independence. After a struggle
that lasted more than ten years, they succeeded in defeating US
aggression and occupation. The victory of the Vietnamese people was
undoubtedly one of the high points in the resistance to American
imperialism as it spread its wings to different parts of the world in
the decades following the second world war.
There were
other important though less dramatic events from the late fifties to
the late seventies which showed that there were hurdles in the path of
US hegemony. Cuba under Fidel Castro asserted its independence from
Washington in 1959 through a people oriented revolution. A couple of
other Latin American states made less successful attempts at preserving
their sovereignty. In Africa, Julius Nyerere tried to chart an
autonomous path to development for his country, Tanzania. From its
Independence in 1947 right up to the early eighties, India held on to a
non-aligned foreign policy buttressed by a certain degree of economic
nationalism.
Even more significant, in the Middle East,
countries such as Libya and Iraq which had nationalized their oil,
working together with the Saudi monarch, King Faisal, revitalized the
Organzation of Petroleum Exporting Countries (OPEC) into a powerful
cartel which succeeded partially at least in breaking the grip that
Western oil companies had hitherto exercised over petroleum prices. The
economic power that OPEC commanded in the mid seventies, limited though
it was, enabled countries of the South to articulate their agendas in
the UN and other world bodies with a sense of confidence. Proposals for
a New International Information Order (NIIO) and a New International
Economic Order (NIEO) were products of that era.
The Tide Turns
Nonetheless,
even as the South was demanding justice in the international system,
the tide was beginning to turn. For one thing, anti-colonialism---the
glue that held together the newly independent states of Asia and
Africa---no longer had the impact it generated in the immediate
post-war decades. As they grappled with the myriad challenges of
economic development and social transformation, different states
discovered that their interests and aspirations varied. Given the
different rates of progress of different states, their interests became
even more divergent. To make matters worse, a number of the states that
belonged to NAM aligned themselves to either the US bloc or the Soviet
bloc and as a result weakened non-aligned solidarity. Then there were
the inter-state wars and conflicts---some of which were US-Soviet proxy
battles --- that further emasculated the South. One of the earliest of
such wars was the brief Sino-Indian border clash in 1962. But the most
damaging was perhaps the Iraq-Iran conflict from 1980 to 1988.
We
need not discuss in depth the reasons for the war. Suffice to know that
fear among the Gulf Rulers that the anti monarchical Iranian Revolution
of 1979 would undermine their authority; US antagonism towards the anti
American Iranian ruling elite which had overthrown the pro-US Shah;
Soviet suspicion of a religious based revolution; and Saddam
Hussein’s ambitious desire to assume the mantle of Arab leadership
after Nasser's death, all served to instigate Iraq to launch an
unprovoked assault upon Iran. The war between two leading OPEC members
sapped the dynamic strength of the organization much to the delight of
Washington. In fact, there is substantial evidence to suggest that
Washington provided Saddam with tangible support in the form of
military intelligence. The war also had a negative impact upon both NAM
and the Organization of the Islamic Conference (OIC) since Iraq and
Iran were, and are, members of the two outfits.
Needless
to say, the Iraq-Iran conflict, against the backdrop of all the other
trends we have noted affecting the South, created a situation that was
specially favourable to Washington. It was made even more favourable
with the collapse of the Soviet Union. As with any cataclysmic change
of this sort, a variety of factors would explain the demise of the
Soviet system in 1991. The ignominious Soviet defeat in Afghanistan at
the hands of the Mujahideen had grave repercussions for the moral
authority of both the Soviet state and the Soviet army. The defeat
reverberated in not only the Muslim republics within the Soviet Union
but it also indirectly encouraged the East European states in the
Soviet bloc to throw off the Soviet yoke and to intensify their
campaign for democracy. Of course, in the midst of all this, US and
Western propaganda against the Soviet system and communism also played
a role. Besides that, Mikhail Gorbachev's attempt at opening up and
restructuring the system through glasnost and perestroika had the
unintended effect of weakening the authority of the Soviet leadership.
But most of all the inherent weaknesses within the Soviet system---its
inability to respond to changing and growing consumer demands; its
inefficiency; its declining productivity; its over-emphasis upon
military technology; its lack of accountability; its suppression of
dissent --- were the more important causes of the collapse of the
Soviet system. Even before the collapse, the cold war had come to an
end---in 1989 --- largely through the efforts of Gorbachev.
Thus,
by the end of the eighties and the early nineties, communism and
nationalism, the two major forces which stymied the US drive for global
hegemony were in no position to challenge Washington. But there was
another challenge looming on the horizon which we had alluded to in
different contexts. The Iranian Revolution of 1979 thrust Islam to the
fore of both national and international politics. Likewise, the
Mujahideen's victory over the Soviet army in 1989 underscored the
ability of an Islamic resistance movement to defeat a superpower.
Though the larger significance of both these events was not immediately
obvious, the roles that Islamic movements are playing today in offering
different modes of resistance to hegemony cannot be properly understood
without reflecting upon 1979 and 1989. We shall return to this later.
In
the meantime, let us remind ourselves that with communism and
nationalism out of the way, the US was able to project itself --- for a
second time --- as the harbinger of a new world order. And it did so in
grand style. It mobilized an impressive array of governments under its
leadership to force the Iraqi army out of Kuwait----which Saddam had
invaded in violation of international norms on 2 August 1990. This US
led coalition of thirty two states was a demonstration of the power and
influence Washington commanded after the end of the cold war.
Washington had no contenders for global leadership. It was the sole
superpower of the day.
It was around this time---in early
1991 --- that some of the people associated with President Bush Senior
tried to convince him that the US should seize the moment and ensure
that its hegemonic standing as the world’s only superpower is
permanent and perennial. Before Bush Senior could move in that
direction, he was booted out of office. The advocates of total,
absolute hegemony had to bid their time.
Bush’s
successor, Bill Clinton, was also acutely conscious of the fact that
the US was now the peerless leader of the world. His military forays
into Iraq, Afghanistan and Sudan showed that he was prepared to use and
abuse US power to advance its global interests. But Clinton was not
willing to go all the way : from time to time he took into
consideration the views of his allies, the positions adopted by other
global actors and the realities of the international environment.
The Neo-Cons and other Vested Interests
With
the ascendancy of George Bush Junior in 2000, the situation began to
change. The neo-conservatives (neo-cons) around him --- men like Paul
Wolfowitz, John Bolton, Douglas Feith, Eliot Abrams and Richard Perle
some of whom had worked for his father---have a blueprint for
transforming the world. The US, they are convinced, should use its
enormous military power to ensure it remains dominant forever. It
should be so overwhelmingly powerful that no other nation or
combination of nations would even contemplate challenging the US for
global supremacy. US supremacy in turn would reinforce Israel’s
position to such an extent that it would be able to dominate and
control the Middle East politically and militarily. The Neo-Cons
incidentally are all Zionists. Israeli and US hegemony would also help
to ensure that they exercise some control over the supply of Middle
East oil and indeed oil from other regions of the world through safe
and secure sea routes which would be under their watch. Of course, in
order to gain total control over the Middle East and the world, the
Neo-Cons will camouflage their real motives by arguing that their
mission is to deliver freedom and democracy to people everywhere.
The
911 carnage in a sense provided the Neo-Cons with the excuse to embark
upon their mission. Since terrorists allegedly opposed to freedom and
democracy are hell-bent on destroying the American way of life, the
Bush Administration is justified in making the US and the world safe
for everyone by fighting terrorism. For the Neo-Cons this is the
justification for the US attack on Afghanistan and the ouster of the
Taliban regime which provided sanctuary to the Al-Qaeda terrorist
network under Osama bin Laden. What is concealed from the public is how
US control over Afghanistan has facilitated --- as we have
seen---access to huge oil resources in the surrounding regions.
Similarly, Saddam Hussein had to be overthrown to prevent him from
allowing terrorist networks to acquire the weapons of mass destruction
that he allegedly possessed. Though the invaders of Iraq now
acknowledge that Saddam had no WMDs and there were no terrorist cells
in Iraq before the invasion, they insist that their action was
justified because it led to the elimination of a tyrant who oppressed
his people. But they will not admit that gaining control over the
world's second largest petroleum resource was a major consideration
just as getting rid of a regime that was totally opposed to Israel was
a primary motivation. Indeed, it is because of the Neo-Cons' obsession
with Israel’s total, absolute security---which can only be achieved
through Tel Aviv’s hegemonic power over the region --- that moves are
now being planned against Syria and Iran. More than any other group in
Washington, it is the Neo-Cons, and of course the Israeli elite, who
want to cripple Tehran’s ability to produce nuclear energy.
Apart
from the Neo-Cons, the other ideological group that is committed to US
hegemony and the American Empire is the Christian Right. A global
American Empire which has total control over the Middle East in
particular, will, in their view, guarantee Israel's future. And a
dominant and triumphant Israel is the pre-requisite for the return of
the Messiah. When the Messiah returns, influential elements in the
Christian Right reckon, the whole world will embrace Christianity ! In
the mean time, Washington and Tel Aviv should use their military power
to eliminate all those who threaten Israel's security in any way.
However
outlandish the Christian Right may sound, one should not dismiss them
outright. A significant segment of the Christian population in the US
--- some would estimate it at forty percent --- it is said subscribe to
Christian Right ideas of this sort. Besides, there are influential
lobbies and important political leaders in Washington who would be seen
as part and parcel of the Christian Right.
There are
other interest groups associated with the petroleum companies, the arms
industry, business corporations, the banks and the finance networks who
may also have a stake in the Empire. American global hegemony may
enhance their wealth and expand their opportunities. But there may also
be elements in all these sectors of the economy who may be uneasy with
the creation of an Empire which is bound to generate tension,
instability and, in the ultimate analysis, perpetual chaos.
The
Empire has also some enthusiastic advocates outside the US. Like the
empire builders in the US, they are averse to using the term 'Empire'.
But it is obvious from their support for, and participation in, the
hegemonic designs of the Neo-Cons that they believe in the US
domination of the world. The Israeli elite and perhaps even a sizeable
section of the Jewish-Israeli population would espouse US hegemony. The
British ruling elite has clearly chosen to identify itself with the
Empire. The Empire would also resonate with elites in Canberra, Tokyo,
Manila, Singapore and perhaps certain other capitals.
Impact ; Consequences.
What has been the impact of this attempt to build a global empire? What have been the consequences?
The
colossal loss of human lives is undoubtedly the most tragic consequence
of the attempt to build an Empire. In both the Afghan and Iraq wars
tens of thousands have been killed. According to one source, since the
invasion of Iraq, about 100,000 civilians have died most of them at the
hands of the occupying forces.
We have observed that the
drive towards global hegemony has been accompanied by the rise of
global authoritarianism. A corollary to this is the introduction of
restrictive, sometimes repressive laws to fight terrorism even in the
established democracies such as Britain, the US and Australia. It is
ironical that the Empire that seeks to spread freedom and democracy has
created conditions that have led to the erosion of civil and political
liberties in a number of places.
An even more horrendous
manifestation of the strangulation of liberty would be the numerous
instances of torture and abuse in some notorious prisons and detention
centres managed by the Empire. Guantanamo and Abu Ghraib would be but
two such examples. Evidence is now emerging that the US's Central
Intelligence Agency (CIA) has even established a whole network of
prisons in different parts of the world where some of the well known
leaders of Al-Qaeda are detained indefinitely without recourse to legal
counsel or to a fair trial.
The Empire has also in a
sense undermined some of the fundamental tenets of national
sovereignty. Sovereign governments no longer exercise ultimate
authority on matters pertaining to national security. US intelligence
services not only have full access to internal security records of most
governments but also sometimes dictate to them on how to act on a
certain matter.
There is yet another consequence of
empire that deserves to be highlighted. Since neo-liberal capitalism is
the economic ideology of the Empire, the empire builders are determined
to use their overwhelming power to pursue their agenda of
liberalization, deregulation and privatization which has led to a
widening of economic and social disparities in individual countries and
at the global level. A UN report published in September 2005 for
instance shows that the top 20 percent of the world population residing
mainly in the North owns and controls 80 percent of global wealth while
the bottom 80 percent living in the South owns and controls only 20
percent. It also noted that the situation is getting much worse for the
global poor. In fact, since empire building began in earnest 3 or 4
years ago there has been an even greater drive to force countries in
the South to accept terms in global trade, technology and investments
which are clearly detrimental to their interests.
The
push for Empire has also widened the chasm between Washington on the
one hand and the Muslim masses on the other. The first two countries to
be attacked by the Empire were Muslim; the next two on the hit list are
also likely to be Muslim. Since most of the oil that is bought and sold
in the world flows beneath the feet of Muslims they know that the
Empire’s desire to control the commodity is one of the reasons why
they have come into conflict with the latter. The Empire's other agenda
- re-shaping the Middle East to ensure Israeli hegemony---is perhaps an
even more potent cause of conflict as recent events have shown. To
ensure Israeli hegemony, Muslims realize that the legitimate struggle
of the Palestinians for a just peace will not be allowed to bear fruit.
At the most, the Neo-Cons, the Christian Right and other interest
groups may tolerate the creation of a Palestinian Bantustan on Gaza and
a small portion of the West Bank under Israel's effective control. For
Palestinians, Arabs and Muslims everywhere this would be an unjust and
immoral solution. It will only spawn more anger and antagonism towards
Washington and Tel Aviv.
There
is also another reason why relations between Washington and the Muslim
world have deteriorated dramatically since 911 and the drive for global
hegemony. In the name of fighting terrorism, Muslims in a number of
Western countries are routinely hounded and harassed and subjected to a
great deal of intimidation and humiliation. The ease with which a
segment of the media, certain Christian theologians and some
politicians in the US in particular equate Muslims with terrorism has
reinforced the stereotyping and stigmatization of the community. Of
course, typecasting Muslims as terrorists or as people who are prone to
violence has a long history behind it. It is at the crux of an ancient
phenomenon called Islamophobia which in the last four years has
witnessed a huge revival in the West. Even in some non-Western
societies Islamophobia is beginning to present itself.
Terrorism and Al-Qaeda.
By
criticizing the stigmatization of Muslims and by lamenting the
pervasiveness of Islamophobia, one is not denying that there are fringe
groups in the Muslim world who resort to violence and terror in their
quest for justice. Al-Qaeda is one such group. It came into prominence
in 1991 when it lambasted the stationing of American troops in Saudi
Arabia which it considered an act of sacrilege since the land was the
home of Islam’s two holiest shrines. In 1996, Al-Qaeda launched a
bomb attack at the King Abdul Aziz Air Base in Dhahran, Saudi Arabia
killing nineteen American soldiers. Al-Qaeda has been associated with
other attacks since then --- ; against American Embassies in Kenya and
Tanzania in 1998; against an American warship in Yemen in 2000. The
climax was the 911 attack on the World Trade Centre (WTC) in New York
and the Pentagon in Washington which killed a total of almost 3000
people, mostly civilians. Since 911, Al-Qaeda is also alleged to have
staged the Madrid bombing in March 2004 and the London bombing of 7
July 2005.
If the conscious, deliberate targeting of
civilians is part of Al-Qaeda's strategy to fight the injustices
perpetrated by the US and its allies, it has embarked upon an approach
which Islam would condemn as heinous and barbaric. Islam does not
permit the killing of civilians or non-combatants in pursuit of any
cause, however noble. This is why immediately after 911 a number of
leading Muslim theologians from all over the world condemned the
dastardly deed in the strongest language possible. The Madrid and
London bombings and other similar incidents involving civilians have
also evoked condemnations from Muslims of all shades.
There
are other dimensions of Al-Qaeda's belief system which mainstream
Muslims would reject as inimical to Islamic teachings. Al-Qaeda adheres
to a simplistic dichotomization of the world into Muslims and infidels.
It has an exclusive rather than an inclusive view of the religion and
its message. It follows from this that Al-Qaeda has a pejorative
perception of people of other faiths. It justifies the systematic
discrimination of women in public life. Its interpretation of Islamic
jurisprudence is dogmatic and often atavistic. Al-Qaeda's reading of
Islam’s basic text ---- the Quran -- is literal and outmoded.
Al-Qaeda
subscribes to this particular view of Islam because of the influence of
Wahabism. Wahabism is a reference to an ideological strain that
developed within Islam in parts of Saudi Arabia from the eighteenth
century onwards which was characterized by an extreme puritanical
attitude. As time went on Wahabism became more and more doctrinaire. It
had some influence upon elements within the Saudi royal family and the
Saudi elite in general.
When the Saudi ruling class
wanted to counter the impact of the Iranian revolution amongst Muslims,
it was this Wahabist version of Islam that it exported to other parts
of the world. Groups within the Mujahideen in Afghanistan who were
fighting the Soviet occupation of their country embraced Wahabism. The
Saudi rulers in any case were also financing the Mujahideen. This
explains the Wahabist orientation of the Taliban---and indeed
Al-Qaeda---who were also part of the Mujahideen.
It is
important to reiterate that Washington which was an enthusiastic
supporter of the Mujahideen against Soviet occupation had no problem
with Wahabism at that stage. In fact, Osama bin Laden and the CIA
worked closely together in resisting the Soviets. By cultivating Osama,
Al-Qaeda and the Mujahideen, the US, in a sense, strengthened the role
of a conservative brand of Islam in national and international
politics. That such a brand of Islam could triumph over a superpower
must have been a tremendous boost to Osama and his ilk. It may well
have inspired him to take on the other only remaining superpower. How
ironical therefore that Osama the CIA ally should now come back to
haunt the Empire. That is blowback at its finest !
Whatever
Osama's dream may be about destroying the American Empire, it is very
unlikely that he will succeed. He may not realize that his terrorism
has strengthened the Empire. After 911, the Empire, in the name of
fighting terrorism, has, as we have seen, penetrated Central Asia and
the Caspian Sea, conquered Iraq and tightened its grip over the
security apparatus of countries all over the world. Osama has proven
that terrorism is counter productive; that it is a foolish strategy for
fighting the Empire.
Resistance.
Are
there other ways of resisting Empire ? Perhaps the strongest resistance
at the moment is taking place in those countries which are under the
direct occupation of the US and Israel. Leaving aside Afghanistan where
there is organized but sporadic opposition to US and other foreign
troops, there is no doubt at all that in Iraq resistance is widespread
and systematic. Similarly, Palestinian resistance to Israeli rule is
one of the most sustained and determined struggles for liberation in
the contemporary world. Since controlling and dominating the Middle
East is pivotal to the American and Israeli agenda, one can argue that
Iraqi and Palestinian resistance have tremendous historical
significance. To put it simply it is because of their resistance that
the Empire is caught in a quagmire. Otherwise, the Empire builders, it
is quite conceivable, would have expanded their hegemony to other parts
of the Middle East by now.
We shall now turn to
resistance to Empire from different regions of the world beginning with
Europe. Though Europe remains integral to the Washington helmed Western
alliance, governments in Germany and France are sometimes uneasy about
American unilateralism and its eagerness to resort to force in the
resolution of conflicts. This difference in approach was obvious in the
Iraq crisis. Nonetheless, one should be realistic and should not expect
European governments to stand up to Washington's imperial project.
In
contrast, there is much more hope in Latin America. Cuba has the most
consistent, principled record of a nation standing up to the Empire for
more than 40 years and refusing to submit or surrender to its hegemony.
In the last four years, the President of Venezuela, Hugo Chavez, has
also displayed some of the courage and conviction of his Cuban mentor,
Fidel Castro. Chavez is equally determined to ensure that development
benefits the poor and powerless in his society and that Venezuela does
not become an appendage of the US. Other countries in Latin America
such as Brazil. Chile, Argentina, Paraguay and Uruguay are also
becoming a little more assertive vis-a-vis US power.
In
Africa, government leaders in the Sudan, Libya and South Africa do take
positions from time to time on regional and international economic and
political issues which reveal that they are conscious of the importance
of retaining their independence in the global arena. This would also be
true of the leadership in Syria. The Russian leadership which has much
more political muscle than many other governments in the world, partly
because of its population and partly because of its recent history, is
also not prepared to give in meekly to US hegemony. It appears to be
keen to harness its military strength to advantage. The Indian
government is also acutely aware of the fact that India is the world's
second largest nation. Some of its leaders do not want her to become a
mere client state of the US. In Southeast Asia, both Malaysia and
Vietnam have shown that in spite of pursuing market oriented economic
policies it is possible to preserve one's political independence.
Our
quick survey of nations which continue to enjoy a degree of
independence in the international arena leaves us with four states
whose roles we have yet to explain. North Korea and Myanmar have
isolated themselves from the global community and for that reason need
not figure in our analysis. Iran is an outstanding example of a country
which since its 1979 Revolution has thwarted numerous moves by the US
and its allies and proxies to destroy its independence and sovereignty.
In spite of an eight year war that was imposed on it, a failed invasion
engineered by the US, a series of assassinations of its top political
and religious leaders, economic sanctions by, and frozen assets in, the
US, Iran has remained firm in its commitment to the Islamic ideals of
its Revolution. Unlike Al-Qaeda---which is bitterly opposed to Iran and
its Shia ideology – Iran has chosen to resist the US through the
strengthening of its own sinews and through the forging of political
and economic alliances at the regional and international level, guided
by an approach to Islam that is less exclusive and more contemporary.
The
other nation which offers a challenge to US hegemony is of course
China. China, in a sense, is more indispensable to the global economy
today than the US itself. It is an economic powerhouse which helps to
create jobs and to keep businesses flourishing in a number of countries
all over the world. Because of its economic power and its
demographics---it is the world’s most populous nation---Washington
has become very wary of China and is going all out to contain the
emerging giant. But China has developed good relations with countries
in every continent and is generally held in high esteem everywhere.
China's
position in the international arena today and the role played by a
number of other countries, apart from the resistance of the Palestinian
and Iraqi people, mean that it will not be easy to build or to sustain
the American Empire. If anything, the concerted opposition to the
Empire from a segment of civil society has made it even more difficult
for the elite in Washington and its allies to impose their imperial
hegemony upon the rest of humankind. In global forums to parallel UN
Summits on themes ranging from environment and human rights to
development and racism held from 1992 to 2001, to massive street
protests against predatory globalization in the late nineties and the
early years of this century, these civil society actors had made it
abundantly clear that they wanted a better world. The causes they
espoused and the positions they articulated culminated in the
inauguration of the World Social Forum in Porto Alegre Brazil in
January 2001 ---- a forum which embodies the people’s aspirations for
global justice and global peace, and is the antithesis of the
neo-liberal capitalist, hegemonic world that Washington and its allies
seek to build.
While some civil society actors were
attempting to formulate alternatives to the dominant global system,
others sought to address specific global concerns --- which also
constitute a form of resistance to hegemonic interests. Civil society
groups, together with some governments and a section of the media,
played a major role in the successful campaign to ban landmines. Though
the US government and other powerful states were against the Landmines
Treaty of 1997, civil society demonstrated that it has the ability to
advance the cause of international law, however formidable the
obstacles. Civil society also helped to make the Kyoto Accord of 1997
on global warming a reality --- again in the face of strong opposition
from the US and other states. The contribution of civil society in the
creation of the International Criminal Court through the Rome Statute
of 1998 would be a third example of how civil society resisted the
hegemonic power of the US and in the process strengthened international
law.
It is only when these trends within a segment of
civil society expressed over a period of a decade or so are placed in
their proper context that we will be able to appreciate the ability of
civil society to mobilise millions and millions of people worldwide in
the protest against the war in Iraq in March 2003. It is worth
repeating over and over again that the Iraq protest was the most
massive mobilization of people against war and for peace in history. It
was the most significant expression of collective resistance against US
hegemony that had ever taken place. It was the peoples of the world
rejecting Empire !
Though the people failed to stop the
war, they succeeded in de-legitimising the war. It was because of civil
society mobilization that the war was rendered immoral and unjust. At
the end of the day it showed that the Empire now has a formidable foe -
in the people of the world.
Decline
However,
resistance from outside alone will not be enough to bring down the
Empire. It is one of the unerring laws of history that empires collapse
partly because of internal weaknesses. The US’s military
adventures---two wars in three years---are beginning to strain its
resources. The Iraq war in particular has become an albatross around
the nation's neck.
It is one of the reasons why the
federal deficit has increased in recent years. Calculated together with
the trade deficit, the US's total public debt stood at 7.9 trillion
dollars as of 15 August 2005. The US is the world’s largest debtor
nation. It is faced with other economic and social problems too,
including unemployment, inadequate health care coverage, escalating
fuel prices and a lack of investment in public infrastructures.
In
the course of the last six months domestic opposition to the Iraq war
has also been increasing. It is partly because the death toll among
American troops in Iraq has been climbing steadily. At the time of
writing, it has reached 2038. A majority of Americans now feel that the
invasion of Iraq was a mistake. They would like the Bush Administration
to set a deadline for the withdrawal of American troops from Iraq. It
is significant that armed forces recruitment exercises in the last one
year or so have consistently recorded shortfalls. In other words, fewer
and fewer Americans are prepared to go and fight in Iraq.
In
the midst of all this, the anti-war movement in the US has received a
shot in the arm through a brave mother who lost her son in Iraq. Cindy
Sheehan whose soldier son Casey was killed in combat has asked
President Bush to explain to her why her son had to die. What was the
noble cause he was fighting for, she wants to know. Through sheer
perseverance she has drawn around her thousands of other protestors who
are equally determined to continue the campaign till the last soldier
is brought home. In fact, Sheehan is now talking of launching a
nation-wide civil disobedience movement against the war.
If
domestic support for the war is in rapid decline, the US
Administration's international standing had slumped a long time ago.
Even before the war started, Bush's international credibility was at a
low ebb. After two years it is obvious to even his most faithful
supporters that Iraq is a total mess. It explains why in the eyes of
the world Bush is at his nadir.
When a leadership
commands so little credibility at home and abroad, how can it hope to
continue to build a global empire ? This is why one can be absolutely
certain that the first global empire in history is doomed to fail. And
humankind will have every reason to celebrate.
The above
essay is based upon a lecture delivered at Universiti Sains Malaysia,
Penang, Malaysia on 2 September 2005. The lecture was the
university’s Annual Public Lecture (national level).
[Baca]
by Francis A. Boyle
It is now a matter of public record that immediately after the terrible
tragedy of 11 September 2001, U.S. Secretary of War Donald Rumsfeld and his
pro-Israeli "Neoconservative" Deputy Paul Wolfowitz began to plot, plan,
scheme and conspire to wage a war of aggression against Iraq by manipulating
the tragic events of September 11th in order to provide a pretext for doing
so.1 Of course Iraq had nothing at all to do with September 11th or
supporting Al-Qaeda . But that made no difference to Rumsfeld, Wolfowitz,
their Undersecretary of War Douglas Feith, Undersecretary of State John
Bolton, and the numerous other pro-Israeli Neo-Cons inhabiting the Bush Jr.
administration.
These pro-Israeli Neo-Cons had been schooled in the
Machiavellian/Nietzschean theories of Professor Leo Strauss who taught
political philosophy at the University of Chicago in its Department of
Political Science. The best exposé of Strauss's pernicious theories on law,
politics, government, for elitism, and against democracy can be found in two
scholarly books by the Canadian Professor of Political Philosophy Shadia B.
Drury.2 I entered the University of Chicago in September of 1968 shortly
after Strauss had retired. But I was trained in Chicago's Political Science
Department by Strauss's foremost protégé, co-author, and later literary
executor Joseph Cropsey. Based upon my personal experience as an alumnus of
Chicago's Political Science Department (A.B., 1971, in Political Science), I
concur completely with Professor Drury's devastating critique of Strauss. I
also agree with her penetrating analysis of the degradation of the American
political process that has been inflicted by Chicago's Straussian Neo-Con
cabal.3
The University of Chicago routinely trained me and innumerable other
students to become ruthless and unprincipled Machiavellians. That is
precisely why so many neophyte Neo-Con students gravitated towards the
University of Chicago or towards Chicago Alumni at other universities. Years
later, the University of Chicago became the "brains" behind the Bush Jr.
Empire and his Ashcroft Police State. Attorney General John Ashcroft
received his law degree from the University of Chicago in 1967. Many of his
lawyers at the Bush Jr. Department of Injustice are members of the
right-wing, racist, bigoted, reactionary, and totalitarian Federalist
Society (aka "Feddies"),4 which originated in part at the University of
Chicago. Feddies wrote the USA Patriot Act (USAPA) I and the draft for USAPA
II, which constitute the blueprint for establishing an American Police
State.5 Meanwhile, the Department of Injustice's own F.B.I. is still
covering up the U.S. governmental origins of the post 11 September 2001
anthrax attack on Washington D.C. that enabled Ashcroft and his Feddies to
stampede the U.S. Congress into passing USAPA I into law.6
Integrally related to and overlapping with the Feddies are members of the
University of Chicago "School" of Law-and-Kick-Them-in-the-Groin-Economics,
which in turn was founded upon the Market Fundamentalism of Milton Friedman,
now retired but long-time Professor of Economics at the University of
Chicago. Friedman and his "Chicago Boys" have raped, robbed, looted,
plundered, and pillaged economies and their respective peoples all over the
developing world.7 This Chicago gang of academic con-artists and charlatans
are proponents of the Nazi Doctrine of "useless eaters." Pursuant to
Friedman's philosophy of Market Fundamentalism, the "privatization" of Iraq
and its Oil Industry are already underway for the primary benefit of the
U.S. energy companies (e.g., Halliburton, formerly under Vice President Dick
Cheney) that had already interpenetrated the Bush Jr. administration as well
as the Bush Family itself. Enron.
Although miseducated8 at Yale and Harvard Business School, the "Ivies"
proved to be too liberal for Bush Jr. and his fundamentalist Christian
supporters, whose pointman and spearcarrier in the Bush Jr. administration
was Ashcroft, a Fundie himself. The Neo-Cons and the Fundies contracted an
"unholy alliance" in support of Bush Jr. For their own different reasons,
both gangs also worked hand-in-hand to support Israel's genocidal Prime
Minister Ariel Sharon, an internationally acknowledged war criminal.9
According to his own public estimate and boast before the American
Enterprise Institute, President Bush Jr. hired about 20 Straussians to
occupy key positions in his administration, intentionally taking offices
where they could push American foreign policy in favor of Israel and against
its chosen enemies such as Iraq, Iran, Syria, and the Palestinians.10 Most
of the Straussian Neo-Cons in the Bush Jr. administration and elsewhere are
Israel-firsters: What is "good" for Israel is by definition "good" for the
United States. Dual loyalties indeed.11
In addition, it was the Chicago Straussian cabal of pro-Israeli Neo-Cons who
set up a special "intelligence" unit within the Pentagon that was
responsible for manufacturing many of the bald-faced lies, deceptions,
half-truths, and sheer propaganda that the Bush Jr. administration then
disseminated to the lap-dog U.S. news media12 in order to generate public
support for a war of aggression against Iraq for the benefit of Israel and
in order to steal Iraq's oil.13 To paraphrase advice Machiavelli once
rendered to his Prince in Chapter XVIII of that book: Those who want to
deceive will always find those willing to be deceived.14 As I can attest
from my personal experience as an alumnus of the University of Chicago
Department of Political Science, the Bible of Chicago's Neo-Con Straussian
cabal is Machiavelli's The Prince. We students had to know our Machiavelli
by heart and rote at the University of Chicago.
As for the University of Chicago overall, its biblical Gospel is Allan
Bloom's The Closing of the American Mind (1987).15 Of course Bloom was
another protégé of Strauss, as well as a mentor to Wolfowitz. In his
Bloom-biographical novel Ravelstein (2000) Saul Bellow, formerly on the
University of Chicago Faculty, outed his self-styled friend Bloom as a
hedonist, pederast, and most promiscuous homosexual who died of AIDS. All
this was common knowledge at the University of Chicago, where Bloom is still
worshiped and his elitist screed against American higher-education still
revered on a pedestal.
In Ravelstein Wolfowitz appeared as Bloom's protégé Philip Gorman, leaking
national security secrets to his mentor during the Bush Sr. war against
Iraq. Strauss hovered around the novel as Bloom's mentor and guru Professor
Davarr. Strauss/Davarr is really the éminence grise of Ravelstein. With
friends like Bellow, Bloom did not need enemies. On the basis of Ravelstein
alone, Wolfowitz warrants investigation by the F.B.I.
Just recently the University of Chicago officially celebrated its Bush Jr.
Straussian Neo-Con cabal, highlighting Wolfowitz Ph.D. '72, Ahmad Chalabi,
Ph.D. '69 (the CIA's Iraqi puppet), Abram Shulsky, A.M. '68, Ph.D. '72 (head
of the Pentagon's special "intelligence" unit), Zalmay Khalilzad, Ph.D. '79
(Bush Jr's roving pro-consul for Afghanistan and then Iraq), as well as
faculty members Bellow, X '39, and Bloom, A.B. '49, A.M. '53, Ph.D. '55,
together with Strauss. According to the University of Chicago Magazine,
Bloom's rant "helped popularize Straussian ideals of democracy."16 It is
correct to assert that Bloom's book helped to popularize Straussian "ideas,"
but they were blatantly anti-democratic, Machiavellian, Nietzschean, and
elitist to begin with. Only the University of Chicago would have the
unmitigated Orwellian gall to publicly assert that Strauss and Bloom cared
one whit about democracy, let alone comprehended the "ideals of democracy."
Does anyone seriously believe that a pro-Israeli Chicago/Strauss/Bloom
product such as Wolfowitz could care less about democracy in Iraq? Or for
that matter anyone in the Bush Jr. administration? After they stole the 2000
presidential election from the American People in Florida and before the
Republican-controlled U.S. Supreme Court, some of whom were Feddies?17
Justice Clarence Thomas is a Straussian to boot.18
At the behest of its Straussian Neo-Con Political Science Department, in
1979 the entire University of Chicago went out of its way to grant the
"first Albert Pick Jr. Award for Outstanding Contributions to International
Understanding" to Robert "Mad Bomber" McNamara.19 In other words, the
University of Chicago itself maliciously strove to rehabilitate one of the
greatest international war criminals in the post-World War II era.20 Do not
send your children to the University of Chicago where they will grow up to
become warmongers like Wolfowitz or totalitarians like Ashcroft! The
University of Chicago is an intellectual and moral cesspool.
Endnotes
1. See, e.g., Rahul Mahajan, Full Spectrum Dominance 108 (2003).
2. Shadia B. Drury, The Political Ideas of Leo Strauss (1988); Leo
Strauss and the American Right (1999). See also Alain Frachon & Daniel
Vernet, The Strategist and the Philosopher: Leo Strauss and Albert
Wohlstetter, Le Monde, April 16, 2003, translated into English by Norman
Madarasz on Counterpunch.org., June 2, 2003.
3. See also David Brock, Blinded by the Right (2002).
4. George E. Curry & Trevor W. Coleman, Hijacking Justice, Emerge,
October 1999, at 42; Jerry M. Landay, The Conservative Cabal That's
Transforming American Law, Washington Monthly, March 2000, at 19; People for
the American Way, The Federalist Society (August 2001); Institute for
Democracy Studies, The Federalist Society and the Challenge to a Democratic
Jurisprudence (January 2001).
5. Francis A. Boyle, Bush's Banana Republic, Counterpunch.org, Oct. 11,
2002.
6. Francis A. Boyle, Biowarfare, Terror Weapons and the U.S.: Home Brew?,
Counterpunch.org, April 25, 2002.
7. See Greg Palast, The Best Democracy Money Can Buy (2003), at 5 et seq.
8. See Chomsky on Miseducation (Donald Macedo ed. 2000).
9. Francis A. Boyle, Take Sharon to The Hague, Counterpunch.org, June 6,
2002.
10. White House Press Release, President Discusses the Future of Iraq,
Washington Hilton Hotel, Feb. 26, 2003.
11. Nasser H. Aruri, Dishonest Broker, 193-216 (2003). See also Tanya
Reinhart, Israel/Palestine (2002); Cheryl A. Rubenberg, The Palestinians
(2003).
12. Norman Solomon, The Habits of Highly Deceptive Media (1999); Noam
Chomsky, Media Control (1997).
13. Seymour M. Hersh, Selective Intelligence, New Yorker, May 8, 2003;
Michael Lind, The Weird Men Behind George W. Bus's War, New Statesman -
London, April 7, 2003; Julian Borger, The Spies Who Pushed for War, The
Guardian, July 17, 2003.
14. Machiavelli, The Prince 147 (M. Musa trans. & ed. 1964): ". . . and
men are so simple-minded and so dominated by their present needs that one
who deceives will always find one who will allow himself to be deceived."
This Bilingual Edition of The Prince by Mark Musa was the one preferred by
Joseph Cropsey to teach us students.
15. But see Lawrence W. Levine, The Opening of the American Mind (1996).
16. Between the Lines, University of Chicago Magazine, June 2003, at 54
17. Vincent Bugliosi, The Betrayal of America (2001); Greg Palast, The
Best Democracy Money Can Buy 11-81 (2003).
18. Gerhard Sporl, The Leo-Conservatives, Der Spiegel, Aug. 4, 2003.
19. McNamara Receives Pick Award Amid Protests, University of Chicago
Magazine, Summer 1979, at 4.
20. Noam Chomsky, Rethinking Camelot (1993); Robert S. McNamara, In
Retrospect (1995).
[Baca]
Political Systems in the Arab World in 2020: Moving Towards Reform and Development
by Professor Francis A. Boyle
IN THE NAME OF GOD, THE COMPASSIONATE, THE MERCIFUL
Your Royal Highnesses, Distinguished Excellencies, Ladies and Gentlemen.
The demand by the Bush Jr. administration and its Zionist neo-conservative
operatives for democratization in the Arab world is a joke and a fraud that
is designed to pressure, undermine, and destabilize Arab governments and
states at the behest of the genocidal Israeli apartheid regime, and to
pursue America's continuing campaign for outright military control and
domination of the Gulf oil and gas resources that the United States
government launched in direct reaction to the Arab oil embargo of the West
in 1973. For over the past three decades American foreign policy toward the
entire Middle East has been determined by oil and Israel, in that order.
The United States government will seek direct military control and
domination of the hydrocarbon resources of the Arab and Muslim world until
there is no oil and gas left for them to steal, using Israel as its regional
"policeman" towards that end. Oil and Israel were behind both the Bush Sr.
and Bush Jr. wars against Iraq. And now Bush Jr. is threatening to attack
Syria, Lebanon, and Iran in conjunction with the genocidal apartheid regime
in Israel. As the oil and gas in the Arab and Muslim world proceed to run
out, the United States and Israel will become even more predatory,
aggressive, destructive, and genocidal toward Arab and Muslim states and
peoples.
The Bush Jr. administration and its Zionist neo-conservative operatives
could not care less about democracy in the Arab world. In fact, Bush Jr. and
his Neo-Cons are all trying very hard to build a Police State in the United
States of America that we lawyers are vigorously opposing. What the Bush Jr.
administration and its Zionist neo-conservative operatives really want in
the Arab world are quisling dictators who will do their dirty work for them
and the genocidal Israeli apartheid regime against the wishes and prayers of
the Arab people for democracy, human rights, the rule of law,
constitutionalism, as well as for the liberation of Palestine and Al Quds.
Those will be the predominant facts and trends that the Arab world will have
to confront between now and 2020. It was not my assignment here today to
advise Arab states and the Arab people how to counteract this anti-Arab and
anti-Muslim agenda by the United States and Israel. But certainly the sacred
Koran and the divinely inspired teachings of the Prophet Mohammed - May
Peace and Blessings Be Upon Him! - shall guide you and protect you during
this most difficult period in the history of the Arab Nation, the Arab
People, Arab States, and Islam.
Shukhran.
END.
(c) Copyright 2004 by Francis A. Boyle. All rights reserved.
[Baca]
Obliterating Fallujah
By FRANCIS A. BOYLE
The obliteration of Fallujah continues apace. Article 6(b) of the 1945
Nuremberg Charter defines a Nuremberg War Crime in relevant part as the
". . . wanton destruction of cities, towns or villages. . ." According
to this definitive definition, the Bush Jr. administration's
destruction of Fallujah constitutes a war crime for which Nazis were
tried and executed. There is nothing surprising about that.
Since the Bush Jr. administration's installation in power by the United
States Supreme Court in January of 2001, the peoples of the world have
witnessed a government in the United States of America that has
demonstrated little if any respect for fundamental considerations of
international law, international organizations, and human rights, let
alone appreciation of the requirements for maintaining international
peace and security. What the world has watched instead is a
comprehensive and malicious assault upon the integrity of the
international legal order by a group of men and women who are
thoroughly Machiavellian in their perception of international relations
and in their conduct of both foreign policy and domestic affairs. This
is not simply a question of giving or withholding the benefit of the
doubt when it comes to complicated matters of foreign affairs and
defense policies to a U.S. government charged with the security of both
its own citizens and those of its allies in Europe, the Western
Hemisphere, and the Pacific. Rather, the Bush Jr. administration's
foreign policy constitutes ongoing criminal activity under
well-recognized principles of both international law and U.S. domestic
law, in particular the Nuremberg Charter, the Nuremberg Judgment, and
the Nuremberg Principles. So their obliteration of Fallujah was to be
expected.
One generation ago the peoples of the world asked themselves: Where
were the "good" Germans? Well, there were some good Germans. The
Lutheran theologian and pastor Dietrich Bonhoeffer was the foremost
exemplar of someone who led a life of principled opposition to the
Nazi-terror state even unto death.
Today the peoples of the world are likewise asking themselves: Where
are the "good" Americans? Well, there are some good Americans. Like
three Catholic Nuns in Denver, they are getting arrested and going to
jail for protesting against United States weapons of mass destruction
(WMD) whose power for human extermination far exceeds even the wildest
fantasies of Hitler and the Nazis. Or else for protesting against
illegal U.S.. military interventions around the world. Just recently
the Nuclear Resister estimated that since the Fall of 2002, there have
been more than 9,500 anti-war related arrests in the United States
alone. Many more will be coming.
In international legal terms, the Bush Jr. administration itself should
now be viewed as constituting an ongoing criminal conspiracy under
international criminal law in violation of the Nuremberg Charter, the
Nuremberg Judgment, and the Nuremberg Principles, due to its
formulation and undertaking of aggressive war policies that are legally
akin to those perpetrated by the Nazi regime. As a consequence,
American citizens possess the basic right under international law and
the United States domestic law, including the U.S. Constitution, to
engage in acts of non-violent civil resistance in order to prevent,
impede, thwart, or terminate ongoing criminal activities perpetrated by
U.S. government officials in their conduct of foreign affairs policies
and military operations purported to relate to defense and
counter-terrorism.
This same right of civil resistance extends pari passu
to all citizens of the world community of states. Everyone around the
world has both the right and the duty under international law to resist
ongoing criminal activities perpetrated by the Bush Jr. administration
and its nefarious foreign accomplices such as Blair, Berlusconi,
Howard, Koizumi, Kwasniewski, etc. by all non-violent means possible.
If it is not so restrained, the Bush Jr. administration could very well
precipitate a Third World War.
The time for
preventive action is now. Civil resistance is the way to go. People
power can overcome power politics. Popular movements have succeeded in
toppling tyrannical, dictatorial and authoritarian regimes throughout
former Communist countries in Eastern Europe, as well as in Asia, and
most recently in Latin America. It is time once again to exercise
People Power here in the United States of America: "When in the Course
of human Events. . . We hold these Truths to be self-evident. . . . we
mutually pledge to each other our Lives, our Fortunes, and sacred
Honor."
Despite the best efforts by the Bush Jr. Leaguers to the contrary, we
American Citizens still have our First Amendment Rights: Freedom of
Speech, Freedom of Association, Freedom of Assembly, Freedom to
Petition our Government for the Redress of these massive Grievances,
Civil Resistance, etc. We are going to have to start vigorously
exercising all of our First Amendment Rights right now. We must use
them or else, as the saying goes, we will lose them. We must act not
only for the good of the Peoples of Southwest Asia, but for our future,
that of our children, that of our nation as a democratic society
committed to the Rule of Law and the U.S. Constitution. The Nazis had
their "homeland" too.
Francis A. Boyle, Professor of Law, University of Illinois, is author of
Foundations of World Order, Duke University Press,
The Criminality of Nuclear Deterrence, and Palestine, Palestinians and International Law, by Clarity Press.
He can be reached at: FBOYLE@LAW.UIUC.EDU
[Baca]
|
The Kuala Lumpur Global Peace Forum of concerned peoples from all five continents are:
UNITED
in the belief that peace is the essential condition for the survival and well-being of the human race,
DETERMINED
to promote peace and save succeeding generations from the scourge of war,
OUTRAGED
over the frequent resort to war in the settlement of disputes between nations,
DISTURBED
that militarists are preparing for more wars,
TROUBLED
that use of armed force increases insecurity for all, and
TERRIFIED
that the possession of nuclear weapons and the imminent risk of nuclear
war will lead to the annihilation of life on earth.
To achieve peace, we now declare that:
Wars increasingly involve the killing of innocent people and are,
therefore, abhorrent and criminal. Killings in war are as criminal as
the killings within societies in times of peace.
Since
killings in peace time are subject to the domestic law of crime,
killings in war must likewise be subject to the international law of
crimes. This should be so irrespective of whether these killings in war
are authorized or permitted by domestic law.
All commercial, financial, industrial and scientific activities that aid and abet war should be criminalised.
All national leaders who initiate aggression must be subjected to the jurisdiction of the International Criminal Court.
All nations must strengthen the resolve to accept the purposes and
principles of the United Nations Charter and institute methods to
settle international disputes by peaceful means and to renounce war.
Armed force shall not be used except when authorised by a Resolution
passed by two-thirds majority of the total membership of the General
Assembly of the United Nations.
All legislators and all members of Government must affirm their belief
in peace and pledge to strive for peace. Political parties all over the
world must include peace as one of their principal objectives.
Non-Governmental Organisations committed to the promotion of peace should be set up in all nations.
Public servants and professionals, particularly in the medical, legal,
educational and scientific fields, must promote peace and campaign
actively against war.
The media must actively oppose war and the incitement to war and
consciously promote the peaceful settlement of international disputes.
Entertainment media must cease to glorify war and violence and should
instead cultivate the ethos of peace. All religious leaders must
condemn war and promote peace.
To these ends the Forum resolves to establish a permanent Secretariat in Kuala Lumpur to:
IMPLEMENT this Initiative,
OPPOSE policies and programmes that incite war, and
SEEK the cooperation of NGOs worldwide to achieve the goals of this Initiative.
Signed by:
Tun Dr Mahathir Mohamad
Imam Feisal Abdul Rauf
Prof Francis A. Boyle
Dr. Helen Caldicott
Mr Matthias Chang
Prof Michel Chossudovsky
Prof Shad Saleem Faruqi
Mr Denis J. Halliday
Dato' Mukhriz Mahathir
Dr Chandra Muzaffar
Dato' Michael O.K. Yeoh
Mr Hans-Christof Von Sponeck
|
[Baca]
Published: December 25, 2008
NEW YORK:
The U.S. government bond market, which towers above other assets as the
only bastion of strong returns this year, could crumble in 2009.
As the Panic of 2008 wreaked havoc with stocks, commodities and
corporate bonds, fearful investors flocked to the perceived safety of
government securities, powering the long-term U.S. Treasury bond to its
best performance in a generation.
The Federal Reserve's signals that it might buy longer U.S.
government maturities have added momentum to the epic rally, sending
the yield of the benchmark 10-year Treasury note tumbling a huge 1.5
percentage points, to near 2 percent, in just one month. Because bond
yields and prices move inversely, these plunges have delivered stellar
gains to those holding Treasury securities.
But with the U.S. government expected to issue from $1.5 trillion to
$2 trillion of debt into the $5 trillion Treasury market to finance its
rescues of the financial system next year, the risk of a sudden drop in
prices is growing, analysts warn.
"As an investor in the Treasury market I would be very careful,"
said Carl Kaufman, portfolio manager for fixed income with Osterweis
Capital Management in San Francisco.
U.S. Treasury securities are heading for their strongest year since
1995, but the market has already priced in a deflationary outlook akin
to Japan's "lost decade," most analysts agree.
The total return of the 30-year bond in the year to date is nearly
45 percent, putting the long bond on course for its best year since
1982, according to Barclays Capital. At that time, the Fed started to
tame inflation, igniting a huge bond market rally.
Now, the long-term end of the Treasury market has had its best
annual rally in more than a quarter century on investors' deep fears of
the global credit crisis and an unusually protracted and painful
recession raising the risks of deflation. Any signs of a less than dire
economic outcome would batter Treasury securities.
"Either we get deflation or not," said Jay Mueller, a senior
portfolio manager with Wells Capital Management in Milwaukee. "If we
get meaningful deflation, Treasuries will still be the place to be."
Deflation, an environment of broadly falling prices like Japan
experienced in the 1990s, exacerbates economic weakness because
consumers and companies put off purchases. Kaufman said that this
prospect could push U.S. yields down further, even matching the 1.22
percent of the Japanese 10-year government bond.
But, Mueller said, "if we don't get the deflation, that will make
current Treasury yields look unrealistic and you will do a lot better"
in corporate bonds. Mueller put the odds of the U.S. economy skirting
sustained deflation at about 60 percent.
If that near-miss happens, the economy will probably be very weak
but not depressed, pushing up the U.S. 10-year yield to about 2.25
percent a year from now, Kaufman says.
On Wednesday, the 10-year note was yielding 2.18 percent, not far
above its five-decade yield low of 2.04 percent recorded on Dec. 18.
"From here, I don't think you will get rich on the 10-year," Kaufman said.
If the U.S. economy were to show some feeble signs of recovery
during 2009, then the 10-year note yield could rebound to say 3
percent, handing its holders a loss of 4.5 percent in total return,
Kaufman added.
If the United States were like 1990s Japan with enough economic
weakness and deflation, then nominal government bond yields could stay
very low despite hefty issuance, Mueller said. But in Japan, the
savings rate is very high compared with a near-zero savings rate in the
United States, which could make demand for U.S. government debt weaker
and allow Treasury prices to fall more easily, he warned.
"If you have enough weakness and deflation, Japan at least was able
to float enough debt with nominal interest rates staying very low,"
Mueller said. But, "Japan's domestic savings rate was much higher.
Could we pull the same trick off?"
[Baca]
The U.S. Treasury secretary, Henry Paulson Jr., and President Hu Jintao of China in Beijing this month. (Pool photo by Goh Chai Hin)
Published: December 26, 2008
WASHINGTON: "Usually it's the rich country lending to the poor. This time, it's the poor country lending to the rich."
— Niall Ferguson
In
March 2005, a low-key Princeton economist who had become a Federal
Reserve governor coined a novel theory to explain the growing tendency
of Americans to borrow from foreigners, particularly the Chinese, to
finance their heavy spending.
The problem, he said, was not
that Americans spend too much, but that foreigners save too much. The
Chinese have piled up so much excess savings that they lend money to
the United States at low rates, underwriting American consumption.
This
colossal credit cycle could not last forever, he said. But in a global
economy, the transfer of Chinese money to America was a market
phenomenon that would take years, even a decade, to work itself out.
For now, he said, "we probably have little choice except to be patient."
In the past decade,
China has invested upward of $1 trillion, mostly earnings from
manufacturing exports, into American government bonds and
government-backed mortgage debt. That has lowered interest rates and
helped fuel a historic consumption binge and housing bubble in the
United States.
China, some economists say, lulled American consumers, and their leaders, into complacency about their spendthrift ways.
"This
was a blinking red light," said Kenneth Rogoff, a professor of
economics at Harvard and a former chief economist at the International
Monetary Fund. "We should have reacted to it."
In hindsight,
many economists say, the United States should have recognized that
borrowing from abroad for consumption and deficit spending at home was
not a formula for economic success. Even as that weakness is becoming
more widely recognized, however, the United States is likely to be more
addicted than ever to foreign creditors to finance record government
spending to revive the broken economy.
To be sure, there were
few ready remedies. Some critics argue that the United States could
have pushed Beijing harder to abandon its policy of keeping the value
of its currency weak — a policy that made its exports less expensive
and helped turn it into the world's leading manufacturing power. If
China had allowed its currency to float according to market demand in
the past decade, its export growth probably would have moderated. And
it would not have acquired the same vast hoard of dollars to
invest abroad.
Others say the Federal Reserve and the
Treasury Department should have seen the Chinese lending for what it
was: a giant stimulus to the American economy, not unlike interest rate
cuts by the Fed. These critics say the Fed under Alan Greenspan
contributed to the creation of the housing bubble by leaving interest
rates too low for too long, even as Chinese investment further stoked
an easy-money economy. The Fed should have cut interest rates less in
the middle of this decade, they say, and started raising them sooner,
to help reduce speculation in real estate.
Today, with the
wreckage around him, Bernanke said he regretted that more was not done
to regulate financial institutions and mortgage providers, which might
have prevented the flood of investment, including that from China, from
being so badly used. But the Fed's role in regulation is limited to
banks. And stricter regulation by itself would not have been enough,
he insisted.
"Achieving a better balance of international
capital flows early on could have significantly reduced the risks to
the financial system," Bernanke said in an interview in his office
overlooking the Washington Mall.
"However," he continued,
"this could only have been done through international cooperation, not
by the United States alone. The problem was recognized, but sufficient
international cooperation was not forthcoming."
The inaction
was due to a range of factors, political and economic. By the
yardsticks that appeared to matter most — prosperity and growth — the
relationship between China and the United States also seemed to be
paying off for both countries. Neither had a strong incentive to break
an addiction: China to strong export growth and financial stability;
the United States to cheap imports and low-cost foreign loans.
In
Washington, China was treated as a threat by some people, but mostly
because it lured away manufacturing jobs. Others argued that China's
heavy lending to this country was risky because Chinese leaders could
decide to withdraw money at a moment's notice, creating a panicky run
on the dollar.
Bernanke viewed such international investment flows through a different lens. He argued that Chinese invested savings abroad because consumers there did not have enough confidence to spend. Changing that situation would take years, and did not amount to a pressing problem for the Americans.
"The global savings glut story did us a collective disservice," said Edwin Truman, a former Fed and Treasury official. "It created the idea that the world was doing it to us and we couldn't do anything about it."
But Bernanke's theory fit the prevailing hands-off, pro-market ideology of recent years. Greenspan and the Bush administration treated the record American trade deficit and heavy foreign borrowing as an abstract threat, not an urgent problem.
Bernanke, after he took charge of the Fed, warned that the imbalances between the countries were growing more serious. By then, however, it was too late to do much about them. And the White House still regarded imbalances as an arcane subject best left to economists.
By itself, money from China is not a bad thing. As American officials like to note, it speaks to the attractiveness of the United States as a destination for foreign investment. In the 19th century, the United States built its railroads with capital borrowed from the British.
In the past decade, China arguably enabled an American boom. Low-cost Chinese goods helped keep a lid on inflation, while the flood of Chinese investment helped the government finance mortgages and a public debt of close to $11 trillion.
But Americans did not use the lower-cost money afforded by Chinese investment to build a 21st-century equivalent of the railroads. Instead, the government engaged in a costly war in Iraq, and consumers used loose credit to buy sport utility vehicles and larger homes. Banks and investors, eagerly seeking higher interest rates in this easy-money environment, created risky new securities like collateralized debt obligations.
"Nobody wanted to get off this drug," said Senator Lindsey Graham, the South Carolina Republican who pushed legislation to punish China by imposing stiff tariffs. "Their drug was an endless line of customers for made-in-China products. Our drug was the Chinese products and cash."
A new economic dance
The United States has been here before. In the 1980s, it ran heavy trade deficits with Japan, which recycled some of its trading profits into American government bonds.
At that time, the deficits were viewed as a grave threat to America's economic might. Action took the form of a 1985 agreement known as the Plaza Accord. The world's major economies intervened in currency markets to drive down the value of the dollar and drive up the Japanese yen.
The arrangement did slow the growth of the trade deficit for a time. But economists blamed the sharp revaluation of the Japanese yen for halting Japan's rapid growth. The lesson of the Plaza Accord was not lost on China, which at that time was just emerging as an export power.
China tied itself even more tightly to the United States than did Japan. In 1995, it devalued its currency and set a firm exchange rate of roughly 8.3 to the dollar, a level that remained fixed for a decade.
During the Asian financial crisis of 1997-98, China clung firmly to its currency policy, earning praise from the Clinton administration for helping check the spiral of devaluation sweeping Asia. Its low wages attracted hundreds of billions of dollars in foreign investment.
By the early part of this decade, the United States was importing huge amounts of Chinese-made goods — toys, shoes, flat-screen televisions and auto parts — while selling much less to China in return.
"For consumers, this was a net benefit because of the availability of cheaper goods," said Lawrence Meyer, a former Fed governor. "There's no question that China put downward pressure on inflation rates."
But in classical economics, that trade gap could not have persisted for long without bankrupting the American economy. Except that China recycled its trade profits right back into the United States.
It did so to protect its own interests. China kept its banks under tight state control and its currency on a short leash to ensure financial stability. It required companies and individuals to save in the state-run banking system most foreign currency — primarily dollars — that they earned from foreign trade and investment.
As foreign trade surged, this hoard of dollars became enormous. In 2000, the reserves were less than $200 billion; today they are about $2 trillion.
Chinese leaders chose to park the bulk of that in safe securities backed by the American government, including Treasury bonds and the debt of Fannie Mae and Freddie Mac, which had implicit government backing.
This not only allowed the United States to continue to finance its trade deficit, but, by creating greater demand for United States securities, it also helped push interest rates below where they would otherwise be. For years, China's government was eager to buy American debt at yields many in the private sector felt were too low.
This financial and trade embrace between the United States and China grew so tight that Ferguson, the financial historian, has dubbed the two countries Chimerica.
'Tiptoeing' around a partner
Being attached at the hip was not entirely comfortable for either side, though for widely differing reasons.
In the United States, more people worried about cheap Chinese goods than cheap Chinese loans. By 2003, China's trade surplus with the United States was ballooning, and lawmakers in Congress were restive. Senator Graham and Senator Charles Schumer, Democrat of New York, introduced a bill threatening to impose a 27 percent duty on Chinese goods.
"We had a moment where we caught everyone's attention: the White House and China," Graham recalled.
At the People's Bank of China, the central bank, a consensus was also emerging in late 2004: China should break its tight link to the dollar, which would make Chinese exports more expensive.
Yu Yongding, a leading economic adviser, pressed the case. The American trade and budget deficits were not sustainable, he warned. China was wrong to keep its currency artificially depressed and depend too much on selling cheap goods.
Proponents of revaluation in China argued that the country's currency policies denied the fruits of prosperity to Chinese consumers. Beijing was investing their savings in low-yielding American government securities. And with a weak currency, they said, Chinese could not afford many imported goods.
The central bank's English-speaking governor, Zhou Xiaochuan, was among those who favored a sizable revaluation.
But when Beijing finally acted to amend its currency policy in 2005, under heavy pressure from Congress and the White House, it moved cautiously. The renminbi was allowed to climb only 2 percent. The Communist Party opted for only incremental adjustments to its economic model after a decade of fast growth.
Little changed: China's exports kept soaring and investment poured into steel mills and garment factories.
But American officials eased the pressure. They decided to put more emphasis on encouraging Chinese consumers to spend more of their savings, which they hoped would eventually bring the two economies into better balance. On a tour of China, John Snow, the Treasury secretary at the time, even urged the Chinese to start using credit cards.
China kicked off its own campaign to encourage domestic consumption, which it hoped would provide a new source. But Chinese save with the same zeal that, until recently, Americans spent.
Shorn of the social safety net of the old Communist state, they squirrel away money to pay for hospital visits, housing or retirement. This accounts for the savings glut identified by Bernanke.
Privately, Chinese officials confided to visiting Americans that the effort was not achieving much.
"It is sometimes hard to change successful models," said Robert Zoellick, who negotiated with the Chinese as a deputy secretary of state. "It is prototypically American to say, 'This worked well but now you've got to change it.' "
In Washington, some critics say too little was done. A former Treasury official, Timothy Adams, tried to get the IMF to act as a watchdog for currency manipulation by China, which would have subjected Beijing to more global pressure.
Yet when Snow was succeeded as Treasury secretary by Henry M. Paulson Jr. in 2006, the IMF was sidelined, according to several officials, and Paulson took command of China policy.
He was not shy about his credentials. As an investment banker with Goldman Sachs, Paulson made 70 trips to China. In his office hangs a watercolor depicting the hometown of Zhu Rongji, a forceful former prime minister.
"I pushed very hard on currency because I believed it was important for China to get to a market-determined currency," Paulson said in an interview. But he conceded he did not get what he wanted.
In late 2006, Paulson invited Bernanke to accompany him to Beijing. Bernanke used the occasion to deliver a blunt speech to the Chinese Academy of Social Sciences, in which he advised the Chinese to reorient their economy and revalue their currency.
At the last minute, however, Bernanke deleted a reference to the exchange rate being an "effective subsidy" for Chinese exports, out of fear that it could be used as a pretext for a trade lawsuit against China.
Critics detected a pattern. They noted that in its twice-yearly reports to Congress about trading partners, the Treasury Department had never branded China a currency manipulator.
"We're tiptoeing around, desperately trying not to irritate or offend the Chinese," said Thea Lee, public policy director of the AFL-CIO "But to get concrete results, you have to be confrontational."
An embrace that won't let go
For China, too, this crisis has been a time of reckoning. Americans are buying fewer Chinese DVD players and microwave ovens. Trade is collapsing, and thousands of workers are losing their jobs. Chinese leaders are terrified of social unrest.
Having allowed the renminbi to rise a little after 2005, the Chinese government is now under intense pressure domestically to reverse course and depreciate it. China's fortunes remain tethered to those of the United States. And the reverse is equally true.
In a glassed-in room in a nondescript office building in Washington, the Treasury conducts nearly daily auctions of billions of dollars' worth of government bonds. An old army helmet sits on a shelf: as a lark, Treasury officials have been known to strap it on while they monitor incoming bids.
For the past five years, China has been one of the most prolific bidders. It holds $652 billion in Treasury debt, up from $459 billion a year ago. Add in its Fannie Mae bonds and other holdings, and analysts figure China owns $1 of every $10 of America's public debt.
The Treasury is conducting more auctions than ever to finance its $700 billion bailout of the banks. Still more will be needed to pay for the incoming Obama administration's stimulus package. The United States, economists say, will depend on the Chinese to keep buying that debt, perpetuating the American habit.
Even so, Paulson said he viewed the debate over global imbalances as hopelessly academic. He expressed doubt that Bernanke or anyone else could have solved the problem as it was germinating.
"One lesson that I have clearly learned," said Paulson, sitting beneath his Chinese watercolor. "You don't get dramatic change, or reform, or action unless there is a crisis."
David Barboza contributed reporting from Shanghai, and Keith Bradsher from Hong Kong.
[Baca]
By Thomas L. Friedman
Published: December 25, 2008
I had a bad day last Friday, but it was an all-too-typical day for America.
It actually started well, on Kau Sai Chau, an island off Hong Kong, where I stood on a rocky hilltop overlooking the South China Sea and talked to my wife back in Maryland, static-free, using a friend's Chinese cellphone. A few hours later, I took off from Hong Kong's ultramodern airport after riding out there from downtown on a sleek high-speed train - with wireless connectivity that was so good I was able to surf the Web the whole way on my laptop.
Landing at Kennedy Airport from Hong Kong was, as I've argued before, like going from the Jetsons to the Flintstones. The ugly, low-ceilinged arrival hall was cramped, and using a luggage cart cost $3. (Couldn't we Americans at least supply foreign visitors with a free luggage cart, like other major airports in the world?) As I looked around at this dingy room, it reminded of somewhere I had been before. Then I remembered: It was the luggage hall in the old Hong Kong Kai Tak Airport. It closed in 1998.
The next day I went to Penn Station, where the escalators down to the tracks are so narrow that they seem to have been designed before suitcases were invented. The disgusting track-side platforms apparently have not been cleaned since World War II. I took the Acela, America's sorry excuse for a bullet train, from New York to Washington. Along the way, I tried to use my cellphone to conduct an interview and my conversation was interrupted by three dropped calls within one 15-minute span.
All I could think to myself was: If we're so smart, why are other people living so much better than us? What has become of our infrastructure, which is so crucial to productivity? Back home, I was greeted by the news that General Motors was being bailed out - that's the GM that Fortune magazine just noted "lost more than $72 billion in the past four years, and yet you can count on one hand the number of executives who have been reassigned or lost their job."
We can't continue in this mode of "Dumb as we wanna be." We've indulged ourselves for too long with tax cuts that we can't afford, bailouts of auto companies that have become giant wealth-destruction machines, energy prices that do not encourage investment in 21st-century renewable power systems or efficient cars, public schools with no national standards to prevent illiterates from graduating and immigration policies that have our colleges educating the world's best scientists and engineers and then, when these foreigners graduate, instead of stapling green cards to their diplomas, we order them to go home and start companies to compete against ours.
To top it off, we've fallen into a trend of diverting and rewarding the best of our collective IQ to people doing financial engineering rather than real engineering. These rocket scientists and engineers were designing complex financial instruments to make money out of money - rather than designing cars, phones, computers, teaching tools, Internet programs and medical equipment that could improve the lives and productivity of millions.
For all these reasons, the present crisis is not just a financial meltdown crying out for a cash injection. We are in much deeper trouble. In fact, we as a country have become General Motors - as a result of our national drift. Look in the mirror: GM is us.
That's why we don't just need a bailout. We need a reboot. We need a build out. We need a buildup. We need a national makeover. That is why the next few months are among the most important in U.S. history. Because of the financial crisis, Barack Obama has the bipartisan support to spend $1 trillion in stimulus. But we must make certain that every bailout dollar, which we're borrowing from our kids' future, is spent wisely.
It has to go into training teachers, educating scientists and engineers, paying for research and building the most productivity-enhancing infrastructure - without building white elephants. Generally, I'd like to see fewer government dollars shoveled out and more creative tax incentives to stimulate the private sector to catalyze new industries and new markets. If we allow this money to be spent on pork, it will be the end of us.
America still has the right stuff to thrive. We still have the most creative, diverse, innovative culture and open society - in a world where the ability to imagine and generate new ideas with speed and to implement them through global collaboration is the most important competitive advantage. China may have great airports, but last week it went back to censoring The New York Times and other Western news sites. Censorship restricts your people's imaginations. That's really, really dumb. And that's why for all our missteps, the 21st century is still up for grabs.
John Kennedy led us on a journey to discover the Moon. Obama needs to lead us on a journey to rediscover, rebuild and reinvent our own backyard.
[Baca]
The
2009 recession could be so severe it sets Britain's economy back five
years, according to the most chilling warning yet on the scale of the
looming slump.
By Edmund Conway, Economics Editor
Last Updated: 9:07AM GMT 26 Dec 2008
Households must not rule out the prospect that the UK's economy
shrinks by between 5 per cent and 10 per cent next year if the
financial crisis sets off an even more vicious cycle of cutbacks,
according to the Centre for Economics and Business Research.
The
warning comes only days after the Office for National Statistics
announced that gross domestic product contracted by 0.6 per cent in the
third quarter - worse than it previously estimated and the weakest
quarterly figure since the early 1990s recession. Although Alistair
Darling indicated in the pre-Budget report that the slump would be less
severe than in the early 1990s, a growing majority of economists are
now warning that the scale of the downturn could be almost
unprecedented.
Capital Economics and Bank of America have
predicted that the economy will shrink next year by the biggest amount
since 1947 - one of the worst recessions Britain has ever experienced,
following Second World War demobilisation and one of the coldest
winters on record. However, Ben Read of the CEBR warned that the scale
of the recession could be even more severe.
"It is easy to see
that things could be even worse," he said. "Despite the public
declarations by the Government that the banks ought to be lending more,
it is clear that the primary concern of many of our largest banks is to
shore up their balance sheets and, for those on the end of government
bail-outs, to pay back their Treasury paymasters.
"With few
incentives for banks to behave otherwise, credit availability to
businesses may become even worse during 2009. At the same time,
businesses are already starting to become entrenched in a deflationary
mindset where investment budgets are curtailed not only because budgets
are tight, but also because prices are falling."
With companies
facing major pressure on their balance sheets, they look likely to
slash their investment budgets, in so doing cutting staff numbrs and
wage bills next year. If this combines with a sudden sharp increase in
the rate at which consumers save rather than spend, the result could be
that a major chunk of UK economic output is lost, he said.
"If
this deleveraging scenario occurs, a contraction of between five and
ten per cent could be on the cards, setting the United Kingdom economy
back by five years," he said. Although such an outcome is less likely
if the Bank of England slashes rates even further in the coming months.
The Bank is expected to reduce borrowing costs beneath 2 per cent next
month for the first time in its 314-year history, and many suspect it
could reduce them to zero before the summer.
Economists also
fear that house prices, which have fallen by around 15 per cent already
this year, could drop a further 15 per cent or 20 per cent next year as
the number of redundancies climbs further.
[Baca]
Oleh Mohd. Farid bin Md. Alias
DENGAN penggunaan teknologi, manusia mampu
merentasi sempadan upaya deria serta kudrat diri. Dalam kata lain,
teknologi membantu manusia melaksanakan sesuatu kerja dengan lebih
cekap, pantas dan berkesan.
Kebergantungan manusia terhadap teknologi dalam kehidupan seharian
dilihat semakin bertambah sejajar dengan pengenalan teknologi terbaru.
Baik komputer, telefon bimbit, mahupun kereta atau sebagainya merupakan
antara teknologi yang tidak dapat dipisahkan dengan suasana hidup zaman
moden hari ini.
Teknologi selamanya alat
Bersama teknologi juga datangnya maklumat melalui saluran media
massa. Terdapat pelbagai maklumat yang kedapatan dari mana-mana sumber,
yang kadang kala begitu sarat untuk ditapis, ditelan dan akhirnya
dicerna.
Ada maklumat yang sahih, belum sahih dan tidak sahih. Ada yang
relevan dan ada yang tidak. Semuanya memerlukan kebijaksanaan kita
dalam mengurus penerimaan maklumat, menilainya secara kritis dan
kemudian mengolahnya menurut pedoman akal dan wahyu Ilahi.
Obsesi terhadap teknologi kadang kala membuatkan manusia menganggap
teknologi sebagai matlamat, lalu menjuruskan mereka ke arah kehidupan
yang materialistik. Pembangunan teknologi menjadi agenda teras
sedangkan pembangunan insani sering terpinggir.
Pemilikan teknologi dirasakan dapat membawakan perasaan lebih hebat,
lebih tinggi berbanding orang lain, dan kemudiannya mencetuskan rasa
ego serta rasa ingin menguasai insan lain, atau mungkin negara lain.
Namun, adakah benar penemuan dan pemilikan teknologi sebagai sesuatu
yang ingin dibanggakan atau disalah gunakan untuk menindas yang lain,
seperti mana yang dilakukan oleh negara yang menganggap dirinya Polis
Dunia?
Justeru, teknologi perlu ditatang sebagai alat untuk mencapai
sesuatu yang murni, sambil memelihara kemurnian yang sedia ada. Aspek
budaya, bahasa, serta agama tidak seharusnya terhanyut akibat gelombang
tsunami teknologi yang begitu deras.
Sebaliknya, aspek-aspek tersebut perlu menjadi penampan arus agar
gelombang kemodenan yang melanda tidak menghanyutkan elemen tradisi
yang tetap kekal relevan dalam kehidupan seharian.
Teknologi seharusnya membantu manusia mencapai sesuatu manfaat untuk
dirinya, insan lain serta makhluk lain di dunia ini. Penggunaan
teknologi yang mengabaikan hak orang lain atau makhluk lain tidak akan
membolehkan manusia mencapai manfaat sebenar daripada teknologi
tersebut.
Penggunaan teknologi untuk penerokaan hutan secara tidak terkawal
umpamanya, bukan sahaja akan memusnahkan habitat semula jadi haiwan
liar, tetapi juga sebenarnya merosakkan kawasan tadahan air, mengganggu
struktur tanah dan sebagainya. Natijahnya, dapat kita lihat kini
seperti kejadian tanah runtuh dan banjir.
Dari satu segi, teknologi tetap penting untuk dikuasai kerana
bersama teknologi, kita mampu mencapai kemandirian ekonomi, politik,
pertahanan, sumber asli dan sebagainya. Dengan adanya teknologi,
pembangunan negara akan dapat bergerak seiring kepesatan keperluan
penduduk yang semakin meningkat dari semasa ke semasa.
Fikir teknologi fikir umat
Kecanggihan teknologi terkini bukan hanya perlu dimanfaatkan dalam
konteks penggunaan produk siap sematamata. Pada masa yang sama rasa
ingin tahu boleh dijana berkenaan bagaimana teknologi tersebut
berfungsi serta asas ilmu sains yang digunakan.
Di samping itu, kita juga perlu berfikir tentang dari mana asal
teknologi tersebut, adakah ia dibangunkan oleh umat Islam itu sendiri
atau dari Barat. Tambahan lagi, adakah terdapat manamana peranan umat
Islam dalam pembangunan teknologi tersebut, umpamanya penyelidikan atau
pembuatan, atau mungkin tiada langsung?
Secara objektifnya, kita perlu mengakui bahawa kebanyakan teknologi
yang diguna pakai hari ini datangnya dari Barat, bermula daripada
proses penyelidikan, disusuli dengan pembuatan, dan kemudiannya
pemasaran serta pengedaran. Dan kita sebagai umat Islam mungkin hanya
banyak berperanan sebagai pengguna akhir kepada teknologi tersebut.
Melihat kepada perkara ini, kita perlu menginsafi bahawa secara
keseluruhannya umat Islam masih lagi jauh ketinggalan dalam bidang
sains dan teknologi berbanding umat lain. Kita masih lagi tidak mampu
untuk membangunkan teknologi sendiri bertitik tolak daripada keadaan
akar budaya ilmu kita sendiri yang masih belum subur bertunas.
Sedangkan saintis-saintis Islam terdahulu banyak menghasilkan
penemuan cemerlang dan terawal dan seterusnya menjadi asas kepada
perkembangan bidang sains dan teknologi dewasa kini.
Ibn Haitham umpamanya digelar sebagai 'Bapa Optik Moden' atas
sumbangan beliau dalam menghasilkan penyelidikan dan penemuan cemerlang
terawal dalam bidang optik. Kini ilmu yang ditemui beliau menjadi asas
kepada ilmu optik masa kini serta aplikasi teknologi yang dibangunkan.
Malahan, umat Islam itu sendiri seharusnya merupakan umat yang
terbaik, seperti mana maksud firman Allah dalam surah Ali-Imran ayat
110. Kemajuan kita, baik dalam pembangunan fizikal mahupun akhlak
seharusnya menjadi tanda aras kepada umat-umat lain agar mereka
mencontohi kita.
Justeru, remaja Islam hari ini perlu sedar bahawa harapan untuk
memajukan umat Islam tergalas pada bahu mereka. Remaja Islam, yang
masih mempunyai kudrat akal dan jasmani yang hebat, adalah diharapkan
untuk terus menceburi bidang sains dan teknologi agar umat Islam kelak
mampu memiliki kemandirian teknologi yang lebih jauh ke hadapan.
Apabila remaja memiliki jalur berfikir sedemikian, hal ini dapat
membantu mencetuskan minat remaja untuk mendalami ilmu sains dan
teknologi yang berasaskan kepada kesedaran tentang maju mundur umat
Islam hari ini.
Kini negara kita sudah mampu untuk menghantar angkasawan sendiri ke
ruang angkasa dengan bantuan teknologi negara rakan kongsi. Adalah
diharapkan kelak kita dapat membina roket serta kapal angkasa sendiri
untuk menghantar angkasawan kita meneroka alam angkasa atas kapasiti
teknologi yang kita miliki sendiri.
Kesimpulan
Kemandirian teknologi yang diharapkan memerlukan upaya berfikir
secara saintifik, kreatif dan inovatif. Sistem pendidikan yang
menyerapkan kemahiran berfikir yang diperlukan bakal menghasilkan para
saintis dan jurutera yang kemudiannya berkebolehan membangunkan
teknologi menurut acuan sendiri.
Kemandirian teknologi yang berpaut kepada akar budaya, bahasa dan
agama kita sendiri akan mampu mewujudkan masyarakat berteknologi yang
masih utuh jati dirinya serta unik dan unggul khazanah ilmunya.
[Baca]
WHEN IT COMES to foreign affairs, Barack Obama seems like a serious person with an authentic liberal's concern about the health of the world beyond our borders. After all, he campaigned for president in Berlin and his blurb appears on the back of a book by Reinhold Neibuhr, the great liberal theologian and internationalist.
But so far, the president-elect's Cabinet choices make a joke of the liberals who backed him in the hope that something fundamental might change in America's belligerent behavior abroad. As the neo-conservative Max Boot approvingly observed, the appointment of Gen. James Jones as chairman of the Joint Chiefs of Staff and the retention of Robert Gates as defense secretary "could just as easily have come from a President McCain."
So too, in principle, could that of hawkish Hillary Clinton as secretary of state, which makes Obama's rhetoric of restraint in foreign affairs begin to sound as empty as President Bush's professed skepticism about "nation building" eight years ago during his race against Al Gore.
It's worth recalling that in the second debate with Gore, Bush even smirked at the concept: "I think what we need to do is convince people who live in the lands they live in to build the nations. . . . I mean, we're going to have kind of a nation-building corps from America? Absolutely not. Our military is meant to fight and win wars. . . . And when it gets overextended, morale drops."
He had that right. Indeed, you wouldn't recognize the pre-emptive war fanatic of post 9/11 if it weren't for Bush's earlier statement during the debate in support of the U.S.-led bombing of Yugoslavia/Serbia during the Kosovo crisis of 1999. It was then that the Clinton administration initiated its own pre-emptive war - in response to Serbia President Slobodan Milosevic's alleged "genocide" against the Kosovar Albanians. The three-month bombing campaign was conducted under the auspices of NATO, not the United Nations, and thus was every bit as illegal under international law as the American invasion of Iraq, in 2003. At the time, Kosovo was formally part of a sovereign Yugoslavia and NATO could not argue that the Milosevic regime had threatened or attacked a NATO member.
Hillary Clinton favored both pre-emptive wars, and was particularly aggressive in the case of Serbia, according to Gail Sheehy's book, Hillary's Choice. Sheehy quotes Hillary's recollection of a talk with her husband: "I urged him to bomb." Challenged by the president on the possible consequences - for example, more executions of ethnic Albanians and damaging the NATO alliance - Hillary replied, "You cannot let this go on at the end of a century that has seen the major holocaust of our time. What do we have NATO for if not to defend our way of life?"
At the very least, this was a gross exaggeration. Serb repression of Kosovo's national aspirations, while often brutal, was nothing resembling a "holocaust," and the Kosovo Liberation Army's provocation, including the assassination of Serb policemen, helped worsen the conflict. No doubt Milosevic was a very bad man, but that didn't stop U.S. special envoy Robert Gelbard from calling the KLA, in 1998, a terrorist organization. Civilian casualties on the two sides are impossible to pin down accurately, but they appear to have been comparable, perhaps 2,000 Albanians killed by Serb forces and 1,500 Serbs killed by NATO warplanes in Belgrade and elsewhere.
This all may be blood under the bridge, but it gives us an insight into the shoot-first temperament of the future secretary of state. According to former Clinton adviser Dick Morris, "Hillary has a Manichean view of issues, splitting the political world into dueling forces of good and evil. . . . She sees herself as idealistic, moral, and righteous, and can only conclude that those with opposing views must have opposite motives."
After Bush offered his solidarity with the Clintons over bombing Belgrade, Hillary was happy to return the favor over bombing Baghdad. In her Oct. 10, 2002, Senate speech explaining her vote for war authorization, she declared that "perhaps my decision is influenced by my eight years of experience on the other end of Pennsylvania Avenue in the White House watching my husband deal with serious challenges to our nation." Like little Serbia's oppression of its Albanian minority and its alleged threat to the American "way of life"?
Politician to the core, Hillary couldn't resist the following hypocrisy: While she wanted "to ensure that Saddam Hussein makes no mistake about our national unity and support for the president's efforts to wage America's war against terrorists and weapons of mass destruction," she insisted that her vote was not "a vote for any new doctrine of pre-emption, or of unilateralism, or for the arrogance of American power or purpose."
Well, they say you can't have it both ways. And trying to may well have cost Hillary the presidency, since Obama's early stance against the war is what gave him a leg up in the primaries.
But it's not Hillary's bellicose positions that are surprising. As a long-standing member of the Washington policy establishment and a "humanitarian interventionist," it's easy to see why she went along with the received political wisdom on Kosovo and Iraq.
What's harder to understand is why Obama - elected on a platform of greater prudence - chose a trigger-happy hypocrite, who once mocked his "lack of experience" in foreign affairs, to be his diplomat-in-chief. I suspect it's because the next president has no intention of genuinely getting out of Iraq - that he will make symbolic withdrawals of combat brigades, but plans to make permanent most of the 14 military bases constructed since the invasion.
Furthermore, I think that his foolish commitment to troop escalations in Afghanistan - much of which will come from troops transferred from Iraq - represents continuity with the Bush Doctrine more than it does rupture.
In the end, maybe Hillary and Barack don't make such an odd couple. We won't know for sure, however, until a Democratic Party-sponsored cluster bomb - dropped in the name of women's rights and democracy - kills a lot of women and children in a village near Kandahar.
[Baca]
The multiple failures that beset the country, from our mismanaged economy to our shredded constitutional rights to our lack of universal health care to our imperial debacles in the Middle East, can be laid at the feet of our elite universities. Harvard, Yale, Princeton and Stanford, along with most other elite schools, do a poor job educating students to think. They focus instead, through the filter of standardized tests, enrichment activities, advanced placement classes, high-priced tutors, swanky private schools and blind deference to all authority, on creating hordes of competent systems managers. The collapse of the country runs in a direct line from the manicured quadrangles and halls in places like Cambridge, Princeton and New Haven to the financial and political centers of power.
The nation’s elite universities disdain honest intellectual inquiry, which is by its nature distrustful of authority, fiercely independent and often subversive. They organize learning around minutely specialized disciplines, narrow answers and rigid structures that are designed to produce certain answers. The established corporate hierarchies these institutions service—economic, political and social—come with clear parameters, such as the primacy of an unfettered free market, and with a highly specialized vocabulary. This vocabulary, a sign of the “specialist” and of course the elitist, thwarts universal understanding. It keeps the uninitiated from asking unpleasant questions. It destroys the search for the common good. It dices disciplines, faculty, students and finally experts into tiny, specialized fragments. It allows students and faculty to retreat into these self-imposed fiefdoms and neglect the most pressing moral, political and cultural questions. Those who defy the system—people like Ralph Nader—are branded as irrational and irrelevant. These elite universities have banished self-criticism. They refuse to question a self-justifying system. Organization, technology, self-advancement and information systems are the only things that matter.
“Political silence, total silence,” said Chris Hebdon, a Berkeley undergraduate. He went on to describe how various student groups gather at Sproul Plaza, the center of student activity at the University of California, Berkeley. These groups set up tables to recruit and inform other students, a practice know as “tabling.”
“Students table for Darfur, no one tables for Iraq. Tables on Sproul Plaza are ethnically fragmented, explicitly pre-professional (The Asian American Pre-Law or Business or Pre-Medicine Association). Never have I seen a table on globalization or corporatization. Students are as distracted and specialized and atomized as most of their professors. It’s vertical integration gone cultural. And never, never is it cutting-edge. Berkeley loves the slogan ‘excellence through diversity,’ which is a farce of course if one checks our admissions stats (most years we have only one or two entering Native Americans), but few recognize multiculturalism’s silent partner—fragmentation into little markets. Our Sproul Plaza shows that so well—the same place Mario Savio once stood on top a police car is filled with tens of tables for the pre-corporate, the ethnic, the useless cynics, the recreational groups, etc.”
I sat a few months ago with a former classmate from Harvard Divinity School who is now a theology professor. When I asked her what she was teaching, she unleashed a torrent of obscure academic code words. I did not understand, even with three years of seminary, what she was talking about. You can see this absurd retreat into specialized, impenetrable verbal enclaves in every graduate department across the country. The more these universities churn out these stunted men and women, the more we are flooded with a peculiar breed of specialist. This specialist blindly services tiny parts of a corporate power structure he or she has never been taught to question and looks down on the rest of us with thinly veiled contempt.
I was sent to boarding school on a scholarship at the age of 10. By the time I had finished eight years in New England prep schools and another eight at Colgate and Harvard, I had a pretty good understanding of the game. I have also taught at Columbia, New York University and Princeton. These institutions, no matter how mediocre you are, feed students with the comforting self-delusion that they are there because they are not only the best but they deserve the best. You can see this attitude on display in every word uttered by George W. Bush. Here is a man with severely limited intellectual capacity and no moral core. He, along with “Scooter” Libby, who attended my boarding school and went on to Yale, is an example of the legions of self-centered mediocrities churned out by places like Andover, Yale and Harvard. Bush was, like the rest of his caste, propelled forward by his money and his connections. That is the real purpose of these well-endowed schools—to perpetuate their own.
“There’s a certain kind of student at these schools who falls in love with the mystique and prestige of his own education,” said Elyse Graham, whom I taught at Princeton and who is now doing graduate work at Yale. “This is the guy who treats his time at Princeton as a scavenger hunt for Princetoniana and Princeton nostalgia: How many famous professors can I collect? And so on. And he comes away not only with all these props for his sense of being elect, but also with the smoothness that seems to indicate wide learning; college socializes you, so you learn to present even trite ideas well.”
These institutions cater to their students like high-end resorts. My prep school—remember this is a high school—recently built a $26-million gym. Not that it didn’t have a gym. It had a fine one with an Olympic pool. But it needed to upgrade its facilities to compete for the elite boys and girls being wooed by other schools. While public schools crumble, while public universities are slashed and degraded, while these elite institutions become unaffordable even for the middle class, the privileged retreat further into their opulent gated communities. Harvard lost $8 billion of its endowment over the past four months, which raises the question of how smart these people are, but it still has $30 billion. Schools like Yale, Stanford and Princeton are not far behind. Those on the inside are told they are there because they are better than others. Most believe it.
The people I loved most, my working-class family in Maine, did not go to college. They were plumbers, post office clerks and mill workers. Most of the men were military veterans. They lived frugal and hard lives. They were indulgent of my incessant book reading and incompetence with tools, even my distaste for deer hunting, and they were a steady reminder that just because I had been blessed with an opportunity that was denied to them, I was not better or more intelligent. If you are poor you have to work after high school or, in the case of my grandfather, before you are able to finish high school. College is not an option. No one takes care of you. You have to do that for yourself. This is the most important difference between them and the elites.
The elite schools, which trumpet their diversity, base this diversity on race and ethnicity, rarely on class. The admissions process, as well as the staggering tuition costs, precludes most of the poor and working class. When my son got his SAT scores back last year, we were surprised to find that his critical reading score was lower than his math score. He dislikes math. He is an avid and perceptive reader. And so we did what many educated, middle-class families do. We hired an expensive tutor from The Princeton Review who taught him the tricks and techniques of taking standardized tests. The tutor told him things like “stop thinking about whether the passage is true. You are wasting test time thinking about the ideas. Just spit back what they tell you.” His reading score went up 130 points. Was he smarter? Was he a better reader? Did he become more intelligent? Is reading and answering multiple-choice questions while someone holds a stopwatch over you even an effective measure of intelligence? What about those families that do not have a few thousand dollars to hire a tutor? What chance do they have?
These universities, because of their incessant reliance on standardized tests and the demand for perfect grades, fill their classrooms with large numbers of drones. I have taught gifted and engaged students who used these institutions to expand the life of the mind, who asked the big questions and who cherished what these schools had to offer. But they were always a marginalized and dispirited minority. The bulk of their classmates, most of whom headed off to Wall Street or corporate firms when they graduated, starting at $120,000 a year, did prodigious amounts of work and faithfully regurgitated information. They received perfect grades in both tedious, boring classes and stimulating ones, not that they could tell the difference. They may have known the plot and salient details of Joseph Conrad’s “Heart of Darkness,” but they were unable to tell you why the story was important. Their professors, fearful of being branded political and not wanting to upset the legions of wealthy donors and administrative overlords who rule such institutions, did not draw the obvious parallels with Iraq and American empire. They did not use Conrad’s story, as it was meant to be used, to examine our own imperial darkness. And so, even in the anemic world of liberal arts, what is taught exists in a moral void.
“The existence of multiple forms of intelligence has become a commonplace, but however much elite universities like to sprinkle their incoming classes with a few actors or violinists, they select for and develop one form of intelligence: the analytic,” William Deresiewicz, who taught English at Yale, wrote in “The American Scholar.” “While this is broadly true of all universities, elite schools, precisely because their students (and faculty, and administrators) possess this one form of intelligence to such a high degree, are more apt to ignore the value of others. One naturally prizes what one most possesses and what most makes for one’s advantages. But social intelligence and emotional intelligence and creative ability, to name just three other forms, are not distributed preferentially among the educational elite.”
Intelligence is morally neutral. It is no more virtuous than athletic prowess. It can be used to further the rape of the working class by corporations and the mechanisms of repression and war, or it can be used to fight these forces. But if you determine worth by wealth, as these institutions invariably do, then fighting the system is inherently devalued. The unstated ethic of these elite institutions is to make as much money as you can to sustain the elitist system. College presidents are not voices for the common good and the protection of intellectual integrity, but obsequious fundraisers. They shower honorary degrees and trusteeships on hedge fund managers and Wall Street titans whose lives are usually examples of moral squalor and unchecked greed. The message to the students is clear. But grabbing what you can, as John Ruskin said, isn’t any less wicked when you grab it with the power of your brains than with the power of your fists.
Most of these students are afraid to take risks. They cower before authority. They have been taught from a young age by zealous parents, schools and institutional authorities what constitutes failure and success. They are socialized to obey. They obsess over grades and seek to please professors, even if what their professors teach is fatuous. The point is to get ahead. Challenging authority is not a career advancer. Freshmen arrive on elite campuses and begin to network their way into the elite eating clubs, test into the elite academic programs and lobby for elite summer internships. By the time they graduate they are superbly conditioned to work 10 or 12 hours a day electronically moving large sums of money around.
“The system forgot to teach them, along the way to the prestige admissions and the lucrative jobs, that the most important achievements can’t be measured by a letter or a number or a name,” Deresiewicz wrote. “It forgot that the true purpose of education is to make minds, not careers.”
“Only a small minority have seen their education as part of a larger intellectual journey, have approached the work of the mind with a pilgrim soul,” he went on. “These few have tended to feel like freaks, not least because they get so little support from the university itself. Places like Yale, as one of them put it to me, are not conducive to searchers. Places like Yale are simply not set up to help students ask the big questions. I don’t think there ever was a golden age of intellectualism in the American university, but in the 19th century students might at least have had a chance to hear such questions raised in chapel or in the literary societies and debating clubs that flourished on campus.”
Barack Obama is a product of this elitist system. So are his degree-laden Cabinet members. They come out of Harvard, Yale, Wellesley and Princeton. Their friends and classmates made huge fortunes on Wall Street and in powerful law firms. They go to the same class reunions. They belong to the same clubs. They speak the same easy language of privilege and comfort and entitlement. They are endowed with an unbridled self-confidence and blind belief in a decaying political and financial system that has nurtured and empowered them.
These elites, and the corporate system they serve, have ruined the country. These elite cannot solve our problems. They have been trained to find “solutions,” such as the trillion-dollar bailout of banks and financial firms, that sustain the system. They will feed the beast until it dies. Don’t expect them to save us. They don’t know how. And when it all collapses, when our rotten financial system with its trillions in worthless assets implodes and our imperial wars end in humiliation and defeat, they will be exposed as being as helpless, and as stupid, as the rest of us.
[Baca]
If you want to know why Britain has never completed the process of decolonisation, look at two lists side by side. One is the official register of tax havens, compiled by the OECD(1). The other is the list of British overseas territories and crown dependencies(2). Over a quarter of the world’s tax havens are British property. More than half of Britain’s colonial territories and dependencies are tax havens. Strip out Antarctica, the military bases and the scarcely-habited rocks and atolls, and of the 11 remaining properties, only the Falkland Islands is not a recognised haven. The obvious conclusion is that Britain retains these colonies for one purpose: to help banks, corporations and the ultra-rich to avoid tax.
These figures scarcely do justice to the UK’s responsibility for this menace. The website Shelter Offshore, which helps people to avoid their obligations to society, has just published its list of the world’s “top 5 tax havens”(3). Jersey, Guernsey and the Isle of Man come first. “These highly respectable British offshore tax havens,” the site tells us, “can be very attractive indeed”, offering “superior levels of investor privacy”. Privacy is the polite word for the secrecy and obstruction that helped to bring down the world’s financial systems.
Last month the British government announced that it will introduce new laws to prevent piracy: the armed forces will be allowed to detain ships and arrest suspected robbers on the high seas(4). Yet the same government offers an attractive portfolio of tropical and temperate islands in which pinstriped pirates can bury their treasure.
That comparison is unfair – to pirates. The freebooters who use these havens are responsible for thousands of times more deaths even than the notorious Abdul Hassan, known on the Somali coast as “the one who never sleeps”(5). Because of the secrecy surrounding the treasure islands, no one knows how much money they divert from developing countries. Christian Aid’s estimate – of $160 billion a year – is the lowest figure(6), though 60% greater than the international aid the poor world receives(7). The Pope suggests $255bn(8); the US research group Global Financial Integrity proposes $900bn(9). In all cases we’re talking about the means by which hundreds of thousands of lives could have been preserved in the world’s poorest countries. But Britain’s network of tax havens permits multinational companies, dodgy businessmen and corrupt leaders to snatch money from the poor.
Gordon Brown wrings his hands over the plight of the poor, and urges impoverished countries to earn more money through trade. But by keeping our tax havens open for business, this mumbling Christian hypocrite ensures that even when the poor nations do trade successfully, they are unable to keep hold of the income.
This authorised theft, of course, affects us too. We are robbed twice by these gangsters: once when they avoid the taxes the rest of us have to pay, again when the tax havens’ secret banking arrangements cause the crises which oblige us to rescue the banks. As the Tax Justice Network points out, the banking system collapsed because it became indecipherable. The banks lost confidence in each other when they could no longer tell who owns what or who owes whom, and could no longer trust each other’s financial statements(10). Nothing has done more to promote this distrust than the lucrative secrecy the tax havens offer to their clients.
Organised crime also depends on tax havens. The OECD uses four criteria to determine whether a place is a haven: it imposes no tax, there’s a lack of transparency, it has laws preventing the effective exchange of information with other governments, and the money which changes hands bears no relation to the business done there(11). The last three criteria are all essential prerequisites for large-scale crime. In fact it’s doubtful whether the traditional piracy now flourishing off the Horn of Africa would be possible without the more respectable piracy taking place in the English Channel, the Irish Sea and off the Spanish Main. Anyone who wanted to stamp out drug smuggling, kidnapping, gun-running and fraud would start by shutting down tax havens.
But the crime havens have become so respectable that even the British government is now depriving itself of revenue. It has become the major shareholder in the Royal Bank of Scotland, which has offshore subsidiaries in Jersey, Guernsey, the Isle of Man and Gibralter(12). Have the bank’s new owners, in return for our generosity in bailing it out, demanded that it shuts these operations? No. And that’s not the worst of it. The Inland Revenue, responsible for collecting tax in this country, signed a private finance initiative deal transferring its buildings to a company called Mapeley Steps(13). Mapeley Steps, which is registered in one tax haven (Bermuda) is owned by Mapeley, registered in another (Guernsey). Mapeley has boasted of paying no income or corporation tax in any jurisdiction(14).
Why does the government keep these havens open? There’s an answer in Geraint Anderson’s book Cityboy – a crude but gripping exposure by a former research analyst at a City bank. “Eighteen years out of power has made these jokers so paranoid about being viewed as old Labour that every time Cityboys and entrepreneurs asked for business-friendly reforms they rolled over and allowed tax and regulatory changes”(15).
There is a standard British procedure for dealing with problems like this: by which I mean problems that generate bad publicity but which you don’t want to address. You commission a review and you choose the right man to conduct it. Confronted with a vocal international campaign and a new US president determined to tackle this issue(16), the government has selected a man called Michael Foot (not the former Labour leader).
Until last year, Foot was the inspector of banks and trust companies for the Central Bank of the Bahamas in Bermuda, a British tax haven(17). Though the review was launched only a fortnight ago, he already seems to have decided what it will say. Speaking about tax havens to the magazine Accountancy Age, he claimed that they had been given a clean bill of health by the IMF, and observed, “I can’t see where the regulation failure is supposed to be.”(18) The Tax Justice Network maintains that throughout his long career in Bermuda, at the Financial Services Authority and elsewhere, he has never raised any public concerns about systemic problems in the financial sector(19). The identity of the person the government appoints is an index to the outcome it desires. Foot sounds like just the man for the job.
Even as it was commissioning this review, Brown’s government tried to undermine international efforts to address the problem. Teaming up with that revolting little monarchy Liechtenstein, the UK sought to strike out a paragraph from the Doha trade agreement which aimed to eradicate tax evasion(20). Thanks in part to British lobbying, the draft commitment was substantially weakened(21).
Were Britain to release its remaining colonies, they would quickly succumb to pressure from the Obama government and the European countries trying to stamp out international evasion and organised crime. We hold onto the Falkland Islands for their oil and fish. We hold onto the other territories for something far more valuable: secrecy.
www.monbiot.com
References:
1. OECD, viewed 15th December 2008. Jurisdictions committed to transparency and effective exchange of
Information.http://www.oecd.org/document/48/0,3343,en_2649_33745_29874096_1_1_1_1,00.html
2. Foreign and Commonwealth Office, viewed 15th December 2008. List of Crown Dependencies & Overseas Territories.http://www.fco.gov.uk/en/about-the-fco/publications/treaties/uk-overseas-territories/list-crown-dependencies-overseas
3. Shelter Offshore, 12th December 2008. Top 5 Tax Havens.
http://www.shelteroffshore.com/index.php/offshore/more/top-5-tax-havens-10221/
4. The Prime Minister’s spokesman, 19th November 2008. Morning press briefing. http://www.number10.gov.uk/Page17574
5.http://www.guardian.co.uk/world/gallery/2008/nov/18/piracy-somalia-gallery?picture=339805480
6. Olivia McDonald, 9th December 2008. Casting the first stone.
http://www.guardian.co.uk/commentisfree/2008/dec/09/corruption-bribery-investigation
7. eg.http://uk.reuters.com/article/businessNews/idUKTRE4955HA20081006?sp=true
8. Nick Mathiason, 7th December 2008. Pope attacks tax havens for robbing poor. The Observer. http://www.guardian.co.uk/world/2008/dec/07/pope-benedict-vatican-tax-havens-credit-crunch
9. Nick Mathiason, 30th November 2008. Tax evasion robs developing countries of $900bn a year. The Observer.
http://www.guardian.co.uk/business/2008/nov/30/tax-evasion-developing-economies-aid
10. Richard Murphy and John Christensen, 10th October 2008. The threat lying offshore. The Guardian.
http://www.guardian.co.uk/commentisfree/2008/oct/10/tax-banking
11. OECD, viewed 15th December 2008. Tax Haven Criteria.
http://www.oecd.org/document/23/0,3343,en_2649_33745_30575447_1_1_1_1,00.html
12. Private Eye, 5th December 2008. Offshore Alistair. In The Back, page 26.
13. Stefan Armbruster, 23rd September 2002. Revenue sell-off to tax haven firm. BBC News Online.http://news.bbc.co.uk/1/hi/business/2263208.stm
14. Jim Pickard, 10th May 2006. Tax-free Mapeley to reject Reit status. Financial Times.
http://www.ft.com/cms/s/0/8dcb9c78-dfc1-11da-afe4-0000779e2340.html
15. Geraint Anderson, 2008. Cityboy: Beer and Loathing in the Square Mile, page. Headline, London.
16. Nick Mathiason and Heather Stewart, 9th November 2008. Obama backs crackdown on tax havens. The Observer.
http://www.guardian.co.uk/business/2008/nov/09/barack-obama-tax-havens-crackdown
17. HM Treasury, 2nd December 2008. Independent Review into British Offshore Financial Centres. Press release.
http://www.hm-treasury.gov.uk/press_130_08.htm
18. Michael Foot, quoted by Judith Tydd, 11th December 2008. Regulation can tackle havens, says review chief. Accountancy Age.
http://www.accountancyage.com/accountancyage/news/2232397/regulation-tackle-havens-review-4393131
19. John Christensen, Tax Justice Network, pers comm.
20. Tax Justice Network, 30th October 2008. UN Tax Committee - why it matters; UK backs Liechtenstein.http://taxjustice.blogspot.com/2008/10/un-tax-committee-why-it-matters-uk.html
21. Tax Justice Network, 11th December 2008. Doha: a cup half full.
http://taxjustice.blogspot.com/2008/12/doha-makes-progress-on-tax-justice.html
[Baca]
Global Central Banks Acting In Concert - Disinformation In Financial Dailies To Confuse The People
When The Truth Dawns On Hapless People, There Will Be Blood On The Streets. This Is The Warning By IMF!
INTRODUCTION
The disinformation by the global financial dailies in the last twelve months as to the cause of the global financial tsunami, serve the same purpose as the global mass media when they perpetuated the lies that lulled the people to support the war criminals Bush, Blair and Howard to launch the barbaric war against Iraq and Afghanistan which resulted in the genocide of millions, the mutilation of hundreds of thousands, physically and psychologically, and the devastation of an entire nation.
The wars unleashed thus far, specifically the “War on Terror” was launched to preserve the shadow money-lenders’ political and military power.
This War on Terror is the greatest military sideshow that distracted the great American people from the financial rape and plunder of their economy and the destruction of their Constitution.
Since the summer of 2007, we have witnessed a concerted effort by the world’s central banks and global commercial and investment banks to preserve the shadow money-lenders’ financial power, one that is founded on fraud and structured in every detail as in the infamous Ponzi scheme.
In the last seven years, the Ponzi scheme was globalised by the Shadow Money-Lenders, siphoning hundreds of billions from so-called sophisticated investors and sovereign wealth funds. At its peak, the Ponzi scheme was estimated to be worth over $500 Trillion, with the Credit Default Swap (CDS) portion just under $60 Trillion!
Hidden behind the headlines of the financial destruction that is sweeping across the globe, lies another story – a dark tale of men who orchestrated the crisis and have amassed enormous wealth and power at the expense of the millions who are now unemployed and whose homes have been foreclosed. This select group of men is in absolute control of the unfolding events. Who are they?
THE HIDDEN POWER
The hidden power is almost indestructible because throughout the ages, any attempt to unveil their hidden agenda and to expose the men behind the screen has been labeled “a Conspiracy Theory” and those who risk their wealth and reputation to expose this power are accused of being “Conspiracy Theorists”.
This is notwithstanding the fact that many insiders who were previously seduced by the power and recanted, have written about such men and their global agendas.
Some “do-gooders” who have visited my website have pleaded with me not to make any reference to the hidden power as “I would be condemned as a conspiracy theorist and lose my credibility.” It is these do-gooders who are unconsciously, the allies and propaganda tools of the hidden power. They are the foot soldiers of the Hidden Power and the first to be slaughtered. They never learn and if they persist, must be considered collaborators.
I have made detail references to the hidden power in all my books, but since not everyone can afford to purchase them, I shall recap herein what the insiders have been saying for years. For those who are aware of these writings, it would serve them well to revisit these writings again so as to strengthen their resolve to expose the hidden power until total victory.
In essence, the hidden power is the Global Shadow Money-Lenders - the men and women who control and manage the Shadow Money-Lending System. And they also control all political leaders, directly and indirectly in every part of the world, in every country, Malaysia included!
Anyone who denies this is a fool from our perspective but an indispensable ally from the shadow money-lenders’ point of view.
Please consider the following exposé by renowned insiders.
Napoleon Bonaparte
“When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.”
Niccolo Machiavelli
“For the great majority of mankind are satisfied with appearances as though they were realities, and are often more influenced by the things that seem than by those that are.”
President James Madison
“History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control of governments by controlling money and its issuance.”
President Abraham Lincoln
“The money power preys upon the nation in times of peace and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy.”
President James A Garfield
“Whoever controls the volume of money in any country is absolute master of all industry and commerce.”
The Rt. Hon. Reginald McKenna – Chancellor of the Exchequer
“I am afraid that the ordinary citizen will not like to be told that the banks can, and do, create money. The amount of money in existence varies only with the action of the banks in increasing and decreasing deposits and bank purchases. Every loan, overdraft, or bank purchase creates a deposit and every repayment of a loan, overdraft or bank sale destroys a deposit. And they who control the credit of a nation direct the policy of governments, and hold in the hollow of their hands the destiny of the people.”
Sir Josiah Stamp – Bank of England
“Banking was conceived in inequity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the costs of your own salary, let them continue to create deposits.”
President Woodrow Wilson
“A great Industrial nation is controlled by its system of credit. Our system of credit is concentrated in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the world – no longer a government of free opinion, no longer a government by conviction and vote of majority, but a government by the opinion and duress of small groups of dominant men.
“I am a most unhappy man. I have unwittingly ruined my country.”
(President regretted signing into law the Federal Reserve Act)
Supreme Court Justice Felix Frankfurter
“The real rulers in Washington are invisible and exercise power from behind the scenes.”
Louis T. McFadden, Chairman of Banking & Currency Committee
In 1932:
“The truth is the Federal Reserve Board has usurped the Government of the United States. It controls everything here and it controls all our foreign relations. It makes and breaks government at will …”
In 1933:
“Roosevelt has brought with him from Wall Street James P. Warburg, son of Paul M. Warburg, Organizer and first Chairman of the Board of the Federal Reserve System…”
In 1950:
“This same Warburg had the audacity and arrogance to proclaim before the U.S. Senate: ‘We shall have World Government whether or not we like it. The only question is whether World Government will be achieved by Conquest or Consent’.”
Senator Barry Goldwater
“Most Americans have no real understanding of the operation of the international money-lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States.”
Henry Ford
“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
The above is the truth laid bare before your eyes and which the shadow money-lenders have spent billions over the years for the control of the global mass media, and paid handsomely specially cultivated economists, historians and politicians to disseminate lies, divert attention and to cover up their hidden agenda.
The next quotation will shock most of you and will change your perspective of many global issues. It is written by a courageous Jew to another courageous Jew.
Benjamin H. Friedman
Letter to Dr. David Goldstein dated October 10, 1954
“The history of the world for the past several centuries and current events at home and abroad confirm the existence of such a conspiracy (to destroy Christianity and obtain global power). The world-wide net-work of diabolical conspirators implements this plot against the Christian faith while Christians appear to be sound asleep. The Christian clergy appear to be more ignorant or more indifferent about this conspiracy than other Christians … It seems so sad.”
A HISTORICAL DETOUR
To secure their global agenda, the shadow money-lenders needed a national base to first consolidate their power and to legislate laws that would secure their monopoly to issue money and credit. The target country was England and that is why the first central bank was the Bank of England. Almost all the laws that secured the money-lenders their unbridled economic and political power can be traced back to the legal basis for the establishment of the Bank of England as a central bank and their unfettered right to create “credits”.
The £ was the currency of choice for world conquest and the result was the mighty British Empire, where the sun never sets! It was an empire based on debt. When the £ Ponzi scheme unraveled, Britain outlived its usefulness and the shadow money-lenders relocated to structure another Ponzi scheme.
The next target country was the United States and the vehicle was the Federal Reserve System. It was a long struggle, but the shadow money-lenders finally prevailed. Thereafter, they established the greatest financial empire in history, but they are still short of their ultimate hidden agenda, as arrogantly proclaimed by James P. Warburg – the establishment of a World Government by conquest or by consent!
Today, the shadow money-lenders have achieved unrivalled military power, but in the process they have put at risk the fiat money system. This is because so much money was required to maintain and sustain the military might of the US and its military bases in client states all over the world and the occupation of Germany and Japan since their defeat in 1945.
What is important to understand is that the shadow money-lenders are parasitic in nature and they have to feed on a continuous diet of debts. The financing of military adventures ensures a continuous stream of debts and compound interests. Debts beget more debts!
When the debts reach saturation point, the Ponzi scheme will collapse and hence, the need to revive and or re-establish another Ponzi scheme, failing which the shadow money-lenders’ financial empire cannot be sustained.
BRETTON WOODS (I) – POST WORLD WAR II PONZI SCHEME
At the end of the Second World War, the United States was the indisputable super-power and largest creditor.
The shadow money-lenders created various covers for massive lending such as the Marshall Plan, supposedly to revive the devastated economies of Europe and Asia. Under the cover of the aforesaid altruistic economic plan of post war recovery, was the hidden agenda for the establishment of the US dollar as the one and only supreme currency to replace the £.
The shadow money-lenders had under their control the following sovereign debtors post World War II:
Canada
The countries of the South American Continent
The countries of Europe, west of the then “Iron Curtain”
The countries of the African continent
The countries of the Middle East
The countries of Asia, west of the then “Bamboo Curtain”
Australia and New Zealand
To secure the sovereign debtors’ consent to the use of the dollar as reserve currency, it was agreed that the dollar was redeemable in gold at US$35 per oz of gold.
The shadow money-lenders never had it so good. Then they got greedy.
Like the goldsmiths of yester-years, the shadow money-lenders created more credits than there was gold to sustain the dollar reserve currency. There were also the numerous wars that needed to be financed, principally the Vietnam War and the proxy wars in Africa and Latin America. There was a huge drain in the gold holdings at Fort Knox.
This gave rise to a crisis of confidence in the Bretton Woods (I) dollar system.
To resolve the crisis and to maintain the unrivalled position of the US dollar, the shadow money-lenders devise a brilliant scheme – a variation of Bretton Woods (I)
BRETTON WOODS (II) – PURE FIAT MONEY SYSTEM
The dollar would no longer be redeemable in gold as decreed by President Nixon.
There were two parts to the overall scheme to secure full compliance.
Part 1 was the use of the simple bully tactic. The Cold War was engineered and intensified to create the myth that the Soviet Union would unleash a nuclear war against the “free countries” and therefore there was a need for collective security in which only the United States could provide the necessary defense, as it was the most powerful nation in the world.
The quid pro quo for the protection under the umbrella of the US led collective security was that countries must continue to use the US dollar in all international trades.
Notwithstanding the fact that the client states agreed to the new arrangement, there was still the fear by the shadow money-lenders that sooner or later the debtors will wise up to the fact that they were holding mere toilet papers. Should this happen, the dollar would be dumped as toxic waste and that would spell the end of the shadow money-lending system.
Part 2 was therefore initiated and the man chosen to implement the con-game was none other than Henry Kissinger. He secured an agreement with the corrupt Saudi monarch and lesser tyrants in the region that the oil price would be manipulated to hit the roof and in return for their untold wealth and financial power, all future crude oil trades must be denominated in dollars, and the petro-dollars must be repatriated to the United States, to be invested in dollar assets.
In a warped sense, dollar was now backed by crude oil instead of gold, as without dollars, no nation could purchase crude oil.
The dollar toilet paper over-night regained its stature and value as the global reserve currency.
Yet, and once again the shadow money-lenders got greedy. They came to the insane conclusion that they could create limitless credits (debts) out of thin air and none would be wiser!
By the late eighties, it was apparent to the shadow money-lenders that the demand and use of crude oil would not be able to sustain the level of dollar credits needed to support the debt pyramid.
Plan B, the Yen Carry Trade was put into action – borrowing yen at zero interest rate to invest in dollar assets, bearing higher interest rates. The Japanese could not complain, being a conquered race and still under military occupation, and so for over a decade, they suffered in silence. The dollar as the global reserve currency was saved, but, not for long.
The instability in the Middle East became a major concern. Saddam Hussein had grandeur ideas. He aspired to be the regional power but Desert Storm scuttled his grand designs. Iran having recovered from the devastation of the eight-year war with Iraq, began to assert itself and their growing strength was perceived as a threat to the security interests of the shadow money-lenders and their partners-in-crime, the big oil companies.
A Plan C was needed. The China card had to be played!
THE CHINA FACTOR
Deng Xiaoping in the 1980s announced to the world that China would practice socialism with Chinese characteristics. Being Red was not critical, for the colour of the cat was not important so long as the cat catches mice!
China wanted to modernize and catch up with the West. It had abundant cheap labour and a disciplined workforce. But development was slow and foreign investments were confined to certain regions.
Back home in the US, manufacturing concerns were being clobbered by the Japanese and the Koreans. Industry after industry became less competitive and costs were rising. A solution had to be found.
The shadow money-lenders have their share of worries – How to accelerate the momentum of credit creation in an economy that is slowing down? Less debts mean less compound interests and therefore less profits. Q.E.D.
The shadow money-lenders realized soon enough that if debt-driven consumption is the solution, then there must be a manufacturing base that can produce the massive quantities of goods that would meet the demands for debt.
China loomed large in the overall scheme of things.
The shadow money-lenders entered into an agreement with the Chinese along the lines of the petro-dollar agreement. There will be massive relocation of industries to China, massive investments in plants and equipment to produce goods for the US and European markets in exchange for dollar denominated trade. And more importantly, it was agreed that the dollar trade surplus would be re-invested in dollar assets.
It was an offer that China found hard to refuse. It was the fast track to economic development and the rapid modernisation of China. China agreed and the rest is history!
Debt exploded in the US and in Europe. Consumers were borrowing as never before to purchase the goodies from China. The recycled dollars from China funded the consumer bubble from home ownership to motorcars, electronic goods, toys, clothing etc. China became the world’s factory and her economy surged. Within a decade, China accumulated dollar reserves amounting to $2 Trillion. Other Asian countries jumped on the bandwagon, and accumulated huge dollar reserves. These huge reserves must be invested and the US lured them to the exotic investments created by Nobel Laureates and rocket scientists.
THE DERIVATIVE CASINO
Financial engineering by the shadow money-lenders accelerated further credit creation. The United States led the way. During the past ten years, while income stagnated, consumer spending rose to a record $8.34 trillion fueled by cheap consumer loans – home mortgage, credit-card loans, car loans, holiday loans etc.
The securitization of the growing stream of compound interests from the wide range of consumers’ debts was the natural and logical step in the next round of credit creation for the derivative casino. These debts were sliced and diced into tranches to form CDOs, synthetic CDOs, CLOs, MBS and CDS etc. and marketed worldwide. The demand for securitization was so great that banks and mortgage brokers were even willing to lend to borrowers on the barest of credit information. They were aptly called “Liars’ Loans”!
In 2004, $157 billion CDOs were issued but rocketed to an amazing $557 billion in 2006. And when there were insufficient mortgages to be securitized into CDOs, Wall Street created the “synthetic CDOs” – bonds which have no underlying loans and or security but allegedly have an income stream based on a parallel contract and on contingencies which may or may not result in any interest payments. Investment is risk, stupid! Higher risks, higher payouts!
In the first quarter of 2007, the creation of CDOs surged further, led by Merrill Lynch which sold nearly $29 billion in February and March, sixty per cent more than the preceding two-month period; Goldman Sachs pushed $10 billion in March which more than double the value in February and Citigroup sold $9 billion in March, one third more than the previous month. CDOs were the rave and the ticket to glorious wealth.
The US, specifically Wall Street became the “Mecca of debts”.
The rest of the world jumped on the bandwagon. So much CDOs were packaged and sold so quickly that no one even had the time to determine which and what securities were being securitized in the CDOs. “Just do the trade, just do the trade” was the chorus line for the traders.
The following table says it all – the Sub-Prime Fiasco.
The Shadow Money-lenders also came up with a scheme to protect investors and which brought another massive stream of revenue. The scheme was called “Credit Default Swaps” (CDS).
Total Face Amount of CDS was estimated as follows:
2001 $918.9 Billion
2002 $ 2.2 Trillion
2003 $ 3.8 Trillion
2004 $ 8.4 Trillion
2005 $ 17.1 Trillion
2006 $ 34.4 Trillion
2007 $ 62.2 Trillion
2008 $ 54.6 Trillion as of June 2008
The world became addicted to debt!
Then the housing bubble busted, and with it the gigantic Ponzi scheme.
Creditors are now faced with a dilemma, what to do with the loads and loads of dollar toilet paper, now derisively referred to as “toxic wastes” – stand pat, sell down, continue to be paid in dollar toilet papers or shut down the printing press?
We are now at this juncture.
THE SHADOW MONEY-LENDERS’ LAST GAMBIT
The Fed’s decision to cut the Fed Fund Rates to 0.25 percent means that the Fed has embarked on a Zero-Interest-Rate Policy (ZIRP) and to proceed with the policy of Quantitative Easing (QE) – to turn on the spigot for “limitless supply of credit”.
In layman’s jargon, to encourage more debts – mortgage debts, credit-card debts, car loans, and more importantly to revive the derivative casino, presently on life support. This was the drug addiction that sustained the global financial system in the last twenty years and more intensely in the last seven years!
The announced policy (ZIRP / QE) is the last bullet in the Fed’s arsenal or as I have stated earlier, using another analogy, the final gamble, the last chip on the betting table. There will be no more ammunition left after this.
This huge gamble will take six months to play out but it will end in failure as surely as the sun will rise in the East tomorrow.
But a more sinister aspect of the zero-interest-rate policy which has not been highlighted by any economist or financial commentator is that the United States under the present Bush regime has declared to the entire world that the United States cannot and will not service anymore interest payments on the nation’s outstanding debts amounting to trillions.
Bush has declared that the United States for all intent and purposes is bankrupt and have no means to service the interest due, what more the principal sum.
Bush, Bernanke and Paulson have therefore collectively agreed to give the “two-finger sign” to the world’s creditors and in no uncertain terms are saying that:
You creditors, you a@#holes, you can jerk off. You know, I know and the whole bloody world knows that the US of A have no income to even service the interest which amounts to a few hundred billion a year.
So let us stop the pretense. We owe trillions and interest on top of that runs to hundreds of billions, which when unpaid is capitalized. And every year we have to borrow from you guys just to pay the interest so as to avoid a call on default. There were so many occasions when we have defaulted, but you guys allowed us to roll over to maintain the façade that the US of A is still floating.
We ain’t floating like a bee, but we are sinking fast! Let’s cut the crap and be real.
So this is the offer. And you jerks better listen good because this will be said once and once only.
You guys should be more than happy with so much interests already accruing on the outstanding. All these years, you guys have been only too happy to see us print the toilet papers in payment of your goods and to service the interests. It was an incredible con and what a free ride we had all these years. You guys were part of the con as well.
If you insist that I continue to pay you in toilet papers, why do you insist that we issue more toilet papers as interest payments? It is just more toilet papers. You guys are swarmed with toilet papers!
The toilet paper is worthless. So what is the point of paying “toilet paper interest” on outstanding toilet papers?
This is it! We are not paying anymore toilet paper interest. We are going to print more toilet papers to pay for whatever we want to purchase. If you want to sell to us, you will get toilet papers but with no interest. Period!
This is the greatest irony. The Fed, the world’s biggest money-lender and its partners-in-crime are telling their creditors to stuff it! When debtors cannot pay the exorbitant interests and the principal, these financial predators demand that the debtors give their pound of flesh in lieu of cash. But when they borrow, they repay in toilet paper money abd get away with it!
And now they even have the audacity to give an ultimatum:
We are the biggest buyers in town. If you don’t want toilet papers from us, that is fine by us. You can get tissue papers from the Europeans, bamboo papers from the Japanese and whatever that is on offer. Who is going to argue whether tissue paper would do a better job than plain toilet paper? Hey, this is a free market. Pick your choice!
This is the ultimate poker game. Bush, Bernanke and Paulson is betting that no one will call their bluff, turn away and stop selling anymore goods to the US of A. Bush is counting that the fear of recession and or social unrest in the creditors’ countries will force the creditors to capitulate.
Unfortunately, this gambit will fail. The reason is simple. The US cannot supply the goods that the American consumers want, even the most basic stuff. The manufacturing industries are all anemic, while others are on life support. Without imports, the United States will have to start down within six months.
There will be massive riots all over the US, with people killing for food and other basic necessities. Basic raw materials, commodities for manufacturing etc. will be unavailable. There will be no more cars on the freeways! Millions of Americans licensed to carry arms will stalk the streets for whatever scrap they can get their hands on.
You can bet your bottom dollar, the Shadow Money-Lenders and its military partner will impose martial law.
Preparation is already on the way.
PRESIDENT BUSH’S STARK WARNING
On Tuesday, December 9th 2008, President Bush in fascist speak stated that, “I have abandoned free market principles to save the free market system.”
If you guys out there still don’t get it, this is what Bush is saying:
I am imposing dictatorial rule!
This is because the opposite of “free market” according to conventional wisdom is “state-control economy”. In a word, Socialism – Big Government.
The Fed and the Treasury, in connivance with Congress, have already approved and financed big time, the acquisition of the major banks in Wall Street through the Troubled Asset Relief Program (TARP), the Term Asset-Backed Securities Loan Facility (TALF), and the $700 Billion bailout plan. Several US financial commentators have already conceded that this is outright nationalization of the financial institutions.
Soon it will be the nationalization of the big corporations like GE, GM, Ford and Chrysler, all too big to be allowed to fail.
Too far fetched? Just look back to the events leading to World War I and World War II and to the dictatorships in Latin America in the 1970s.
How did Franklin Roosevelt get out of the 1930s mess if not for big government policies and engaging in the wars in Europe, against Germany and Japan in Asia? He even decreed Americans could no longer own gold in any form. They were all confiscated. President Roosevelt ruled with an iron fist, and don’t you believe otherwise.
Now that the entire world knows that the Federal Reserve Note (the dollar bill) is toilet paper and even though in law is “legal tender” (i.e. by law the toilet paper must be accepted as full payment of any debt, failing which the debt is deemed paid), the Shadow Money-Lenders cannot afford the risk of an armed open rebellion and the fiat money system to be overthrown. It is therefore necessary in these circumstances to enforce the use of the US dollar toilet paper by military rule and brutality.
To those who are not attuned to “dictatorship speak”, there is no clearer message to prepare the elites for the coming catastrophe that the announcement that free market principles will no longer apply. The emphasis is on the word “free” and not the word “market”.
We can argue till the cows come home whether my reading of events is correct. Time will be the final judge.
WORLD GOVERNMENT BY CONQUEST OR CONSENT
James P. Warburg, the son of Paul M. Warburg (first Chairman of the Board of the Federal Reserve System), had proclaimed that world government is their ultimate objective. But that objective cannot be achieved unless and until the United States is completely subdued. A world government can only come about if there is created a crisis that will engulf the entire world, starting from America. Such a crisis will not and cannot be resolved by any one country. It will have to be a global solution. And since countries can only work through a common mechanism, there is therefore a need for an international institution or mechanism.
The United Nations is the precedent from which a new world government will emerge.
Henry Kissinger, since the onset of the crisis, has been calling and cajoling world leaders to submit to such an endeavour if the world is to avoid a global calamity.
And it will be a socialist world government. Before anyone protest and declare that I have gone insane, let me state here once and for all, I am in full command of my faculties. I have done my research.
Capitalism and Socialism are two sides of the same money-lender’s coin. Both ideologies serve a common master - the global shadow money-lenders.
For doubting Thomases, please consider the following facts:
1) The Russian October Revolution, led by Lenin was financed by bankers, to be precise, the bankers in New York and Berlin. In New York, the money was organized by the banking firm of Kuhn, Loeb & Co whose directors included Mr. J. Schiff and Mr. Warburg, founder of the Federal Reserve System. In Berlin, the German banker was the brother of the New York Warburg.
2) On January 16, 1962, the Look and Life magazine published the following statement by David Ben Gurion, the first Prime Minister of Israel who was then still in office:
“The image of the world in 1987 as traced in my imagination: The Cold War will be a thing of the past. Internal pressure of the constantly growing intelligentia in Russia for more freedom and the pressure of the masses for raising their living standards may lead to a gradual democratization of the Soviet Union. On the other hand, the increasing influence of the workers and farmers and the rising political importance of men of science, may transform the United States into a welfare state with a planned economy. Western and Eastern Europe will become as federation of autonomous states having a socialist and democratic regime … countries will become united in a world alliance, at whose disposal will be an international police force. All armies will be abolished and there will be no more wars. In Jerusalem, the United Nations (a truly united nation) will build a shrine of the prophets to serve the federated union of all continents; this will be the seat of the Supreme Court of Mankind, to settle all controversies among the federated continents, as prophesied by Isaiah.”
3) On the success of the Russian October Revolution and the abdication of the Czar Nicholas II, the British Premier David Lloyd George said in Parliament, that Britain had achieved one of its major war aims.
4) The principal aim of Capitalism and Socialism is the centralized rule of an elite political group which owns and or controls all the means of production and the issuance of money and credits – in the case of the former, through various forms of monopoly and in the case of the latter, public monopoly.
WHY WAR IS INEVITABLE
To prove the point, let me use a simple analogy.
It is often reported in the headlines of newspapers that a certain gentleman or woman had been brutally beaten up for failing to pay the debts due to a money-lender. In Malaysia, money-lenders are often referred to as “Ah-Longs”. This is even the case when the debt is paltry. If the money-lender adopts the “soft method” in recovering a loan, it may encourage defaults and non-payments. Brutality ensures full compliance!
So is the case with nations. When the very survival of a nation is at stake because of economic and or currency warfare, do you really think that the nation at risk would not go to war?
The US invaded Iraq not because of the threat of Saddam’s WMD but for the crude oil and because Saddam was selling crude oil in Euros instead of the dollar toilet paper.
The shadow money-lenders are in a desperate situation and they will start a world war to avoid the collapse of the fiat money system. The war will be financed by the major central banks and their proxies – the 8 to 10 global commercial and investment banks. As in World War I and II, the elites of the City of London and Wall Street will be the primary movers of this insidious plot.
Anyone who doubts this scenario need only to ask one simple question – Do you think the financial powers centred in the West would accept and tolerate their loss of financial power?
I am using such graphic terms because the average Joe Six-Packs have yet to appreciate the full import of the latest announcements by President Bush that the US will abandon “Free market principles”, and by Bernanke of the Fed’s Zero-Interest-Rate Policy. Worst still, the majority of the political leaders of the third world are equally ignorant. This was evident in the APEC Summit in Peru. Like the average Joe Six-Packs, these leaders have no idea how the fiat money system works. When Washington and London say “print”, “open the spigots”, “lower interest rates”, and vice-versa they just follow blindly. There was just one rare exception, when Malaysia opted out during the 1997 financial crisis. Even then, this was temporary as the new Badawi regime has succumbed to the old ways.
Can this war be stopped?
There is a slim chance. If American patriots, who are lawfully armed, rebel and resist the imposition of martial law, world war may be averted.
The IMF has already warned that if the US fails to resolve the crisis, there will be massive social unrest. There will be blood flowing on the streets! Military power would be pitted against brave militias with a proud tradition of having once defeated the mighty British colonial power.
Dare we hope for a second American Revolution?
[Baca]
Federal Reserve Chairman Ben Bernanke
Brooks Kraft / Corbis for TIME
Back in September, V.V. Chari, an economist at the University of
Minnesota and an adviser to the Federal Reserve Bank of Minneapolis,
got a call from a Congressman. Treasury Secretary Hank Paulson and
Federal Reserve Chairman Ben Bernanke were arguing that they needed
$700 billion to save the nation's financial system, and the Congressman
wanted to know what to make of it all. Chari said he didn't know — he
hadn't looked at the data. Policymakers kept talking about how banks
weren't lending to businesses or to individuals or even to each other,
so Chari pulled numbers to see just how badly the credit markets were
frozen. He was surprised: he didn't see much of anything wrong.
Is there a credit crunch?
Was there ever? Those questions may seem absurd. Throughout the autumn,
the interest rate banks charge each other broke one record after
another as trust between institutions evaporated, investors stashed so
much cash in super-safe Treasuries that yields approached zero, and the
private securitization market for mortgages, which keeps capital
flowing for more home loans, disappeared. Lehman Brothers collapsed
when no one would loan it money, and any number of other firms — AIG,
Citigroup, GM — went hat in hand to the U.S. government, lender of last
resort. (Read TIME's Top 10 Financial Collapses of 2008.)
But during all of that, there was also persistent anecdotal evidence
that lending to credit-worthy borrowers was doing just fine — it seemed
every other day some community bank CEO was on CNBC talking about how
many loans his institution was making to small businesses and people
who wanted to buy cars or houses. As the story of Chari, his surprise
realization, and the academic dialogue that followed make clear,
understanding what is happening in the economy — let alone how to fix
it — is an incredibly difficult task, even for people who have built
their entire careers around doing just that.
In October, Chari teamed up with two other economists, Lawrence
Christiano and Patrick Kehoe, and wrote a paper called "Facts and Myths
and the Financial Crisis of 2008." In it the economists wrote that the
United States was "indisputably undergoing a financial crisis and is
perhaps headed for a deep recession," but the nature of the problem,
they said, had been completely misrepresented. "Policymakers had made
three very specific claims," says Chari. "That banks were not lending
to non-financial businesses and households, that banks were not lending
to each other, and that the ability of non-financial businesses to
access the commercial paper market had declined very sharply." When he
and his colleagues plotted Federal Reserve data through mid-October,
they found no dramatic decline in any of those categories. Most
measures of lending were holding steady; some were even increasing.
Meanwhile, a group of economists at the Federal Reserve Bank of
Boston had been noticing the same thing. "We were trying to understand
why these numbers looked the way they did," says Burcu Duygan-Bump.
Partly because of conversations the economists had with Fed staffers in
the banking supervision division, the group came to believe the
aggregate data was obscuring the underlying dynamics of the financial
system. "If you say New England has a snowstorm with an average
snowfall of two inches, that might not reflect the fact that Boston got
ten inches and northern Maine got none," says Ethan Cohen-Cole, another
of the economists.
In November, Duygan-Bump, Cohen-Cole and two other colleagues — Jose
Fillat and Judit Montoriol-Garriga — put out a paper called "Looking
Behind the Aggregates: A Reply to Facts and Myths About the Financial
Crisis of 2008.'" In it, they argued that even though overall lending
seemed to be robust, that could very well be the result of companies
drawing down existing credit lines — agreements banks had made in
better times and now couldn't renegotiate. In fact, there was plenty of
anecdotal evidence in the business press to suggest that was exactly
what was happening, that companies were locking in funding not to
invest, but to hoard cash for worse times ahead. It wouldn't be hard to
imagine regular people doing the same thing with home equity lines of
credit. When it came to lending between banks and the commercial paper
market, the economists pointed to a shift toward shorter-term lending.
Even if overall volumes were holding steady, a reliance on overnight
loans would nonetheless indicate that lending wasn't working as usual,
they argued.
At about the same time as the Boston Fed piece came out, two
finance professors at Harvard Business School, David Scharfstein and
Victoria Ivashina, wrote a paper called "Bank Lending During the
Financial Crisis of 2008." Scharfstein and Ivashina focused in on a
database of new loans made to large corporations and documented a 36%
drop during August-October 2008, as compared with the three months
prior. They, too, argued that drawn-downs were artificially inflating
overall lending figures. Yes, there was lending, but it was
involuntary, and often to struggling companies — like GM and Tribune —
that banks might not otherwise give money to. "If credit lines get
drawn down by the most vulnerable individuals and companies, that's
potentially destabilizing," says Scharfstein.
But did that sort of involuntary lending mean that other potential
borrowers were getting crowded out? In a rebuttal to the Scharfstein
paper, Chari and his co-authors wrote that they hadn't seen any data
showing that banks weren't lending to credit-worthy companies asking
for loans simply because certain firms were tapping pre-existing credit
lines. "The argument is if you're a new customer walking into a bank,
it's impossible for you to get a loan," says Chari. "That story may be
true, but there's no convincing evidence that's what's going on."
The back-and-forth can feel esoteric, but, in fact, it goes to the
heart of solving the problem. "If losing firms are sucking up all the
credit, then isn't the [correct] policy response to let banks cancel
lines of credit?" asks Octavio Marenzi, CEO of the banking consultancy
Celent, who joined the debate in December with his own paper, called
"Flawed Assumptions about the Credit Crisis." After going through a
reckoning of the aggregate data — including the fact that consumer
credit hit a record high in September 2008 — Marenzi put forth a couple
of possible explanations, including "that policymakers are reacting to
the situation of a particular set of businesses and financial
institutions and are incorrectly generalizing these to the economy as a
whole."
Chari is more cautious. "Our position throughout has been that
policymakers likely have access to information that is better than the
information we have — and that it would be good for them to share that
information," he says. "They've been remarkably unforthcoming about the
rationale for their interventions." That seems to be a common
sentiment. "The one thing they emphasize that we really agree with is
they want policymakers to share more data that underlie their
decisions," says the Boston Fed's Duygan-Bump. As a new Administration
takes office and the process of spending hundreds of billions of
dollars to fix the economy continues, it will be as important as ever
to question whether the policy responses we come up with are the right
ones — to make sure not only that they work, but also that they're
pointed at the real problem.
[Baca]
Bernard Madoff, founder of Bernard L. Madoff Investment Securities, on his trading floor in New York in 1999
Ruby Washington / New York Times
Of course, I knew this instantly from the look on my wife's face. Her
words to the caller, the person handling our financial matters, grew
insistent: "You're joking? This is a joke, right?"
We didn't know it yet, but we had been playing in the Bernard Madoff
Investment Securities LLC Fantasy Financial League. It began when we
sold our home at the peak of the market, collected what was left from
an old divorce, found other monies and then, with a combination of
pleasure and trepidation, handed over our life savings to someone named
Stanley Chais, the Los Angeles network organizer for a man named Bernard Madoff.
Of course, we never heard the name Madoff — which has a peculiarly
Dickensian ring now — and had no idea how he achieved such fantastic
returns over the past 40 years. All we knew was that my wife's entire
family had been in the fund for decades and lived well on the returns,
which ranged from 15% to 22%. It was all very secretive and tough to
get into, which, looking back, was a brilliant strategy to lure
suckers. Unlike the usual Ponzi mechanics, the fund even stopped
investments into accounts a few years back, at least in our network.
There were the usual warnings prior to investing — we all knew it was a
risk, we were told to make sure we were diversified, blah-blah — but,
my God, it had been going strong for so long and with such fantastic
returns, we had to get in. The Securities and Exchange Commission even
gave Madoff a clean bill of health several years ago, we now find out.
Well, maybe not a clean bill, but it didn't shut him down either. In
the topsy-turvy world of investment, we were quietly, richly safe.
Until the call. (See the top 10 worst business deals of 2008.)
I think everyone knew the call would come one day. We all hoped, but we
knew deep down it was too good to be true, right? I mean, why wasn't
everyone in on this game if it was so strong and steady? We deluded
ourselves into thinking we were all smarter than the others. When it
came to the investment game, we had it figured. And what was the game
anyway? The way it was vaguely described to us was that the "New York
people" had a system whereby they placed a series of instant trades —
at once with futures, currencies and stocks — and out of this magic
recipe fell a tiny 1% guaranteed, no-risk profit for the group. You do
that 20 times a year, take away management fees and, voilà, a steady
15% return. Man, these guys were good.
But of course the call did come, as it always does with such things. It
was not an ordinary Ponzi scheme we were all part of; it was the
biggest in the history of the world, valued at some $50 billion. Lucky
us. Small investors, institutions, hedge funds, global banks, pension
funds — all fell victim to usual suspects: a smooth huckster and greed.
You never want to hear the words that come with such a phone
call. "We are all wiped out." But they came, and we went numb. We lost,
on paper, $1.2 million. My wife's family's combined losses are close to
$30 million. We're talking old ladies and men, lawyers, children with
Madoff trusts, students in college and an array of others who thought
they had the world beat — and they did, at least for a time.
Now, we, they, everyone in this fraud, are all wiped out. Even Stanley
says he's lost everything. It's the kind of news that's been known to
cause shortness of breath, sudden cardiac arrest, revolvers pulled from
bedside drawers. It harks back to December of 1929 and the image of
bodies falling from buildings. But what can you do? (See the top 10 scared stock traders.)
There's a line from The Shawshank Redemption that is
apropos. It's spoken by Tim Robbins' character: "Get busy living or get
busy dying." We've lost it all, but we're choosing to get on with
living.
Robert Chew, a former Madoff investor, lives in Colorado
[Baca]
Wall Street's Latest Downfall: Madoff Charged with Fraud
Bernard Madoff, founder of Bernard L. Madoff Investment Securities, on his trading floor in New York in 1999
Ruby Washington / New York Times
Bernard Madoff, the former Nasdaq chairman who was charged on Thursday
with massive fraud, was long considered to be quirky. Employees at the
offices of his eponymously named brokerage firm in midtown Manhattan's
Lipstick Building had to follow strict rules for what they kept on
their desk. Family photos were allowed but only if they were displayed
in a simple black frame.
Now it looks like Madoff, who went by Bernie, may also have been a crook,
and quite possibly one of the largest Wall Street has even seen. According
to the U.S. Attorney's office in the southern district of New York, Madoff
admitted to defrauding clients for up to $50 billion in a massive Ponzi
scheme that was committed over a number of years.
(See the top 10 scandals of 2008.)
Madoff was best known for being a pioneer in the business of
market-making. His firm, which he started five decades ago with money
he earned as a lifeguard in Far Rockaway, Queens, was for a long time
primarily in the business of acting as a middle man between buyers and
sellers of stocks. It is an essential function for a market like the
Nasdaq, which doesn't have an actual trading floor where buyers and
sellers can meet face-to-face. Madoff's firm was a major driver behind
the growth of the Nasdaq, creating a system that courted brokers who
had mostly traded stocks on the larger New York Stock Exchange to do
more of their business with the Nasdaq. "He brought a lot of business
to the Nasdaq," says Alan Davidson, a former Nasdaq board member and
president of brokerage Zeus Securities. "He was a powerhouse on the
NASD board. It's a real shock."
While many other boutique brokerage firms sold out to larger
firms, Madoff Securities stayed a family business. Madoff for years ran
the firm with his brother Peter. More recently, much of the
market-making division was headed by Madoff's two sons, Andrew and
Mark.
In the 1990s, Madoff used his success as a market maker to help
launch an asset-management firm. Madoff raised money for his fund by
exploiting his social network, often courting investors at country
clubs where he or family members belonged. At the Palm Beach Country
Club, Madoff reportedly found a major investor who helped attract other
members for Madoff's fund.
Many of Madoff's clients invested in his funds through a number
of feeder funds, which were sold by other firms. Like supermarket
brands, the funds carried the name of the investment-adviser firm,
which then sent the money to Madoff to be managed. One such fund, the
Tremont Broad Market Fund, attracted billions of dollars to Madoff.
Many of these funds leveraged their own investment in Madoff's funds,
which could amplify the losses felt by the collapse of Madoff's firm. (See the top 10 worst business deals of 2008.)
Another Madoff feeder fund was run by Maxam Capital. The head of
that firm, Sandra Manzke, a former head of Tremont, has recently been
outspoken about misbehavior in the hedge-fund industry. She recently
sent a letter out to hundreds of hedge funds berating them for their
large fees and for halting client redemptions when funds were down. "I
am appalled and disgusted by the activities of a number of hedge-fund
managers," she wrote in late November.
Madoff was a donor to the Democratic Party and to Jewish
organizations. A number of large Jewish charities are expected to be
among the investors who lost money in Madoff's funds. Madoff was
chairman of the board of Yeshiva University's Sy Syms School of
Business and treasurer for the university's board of trustees. A
representative for Yeshiva said the university was still trying to find
out if the institution had invested money with Madoff. Also among
Madoff's investors was Fred Wilpon, owner of the New York Mets, whose
investment firm reportedly had as much as $300 million with Madoff.
"We are shocked at this revelation," said the university
representative. "Bernard Madoff has tendered his resignation from all
positions and involvement with the university. Our lawyers and
accountants are investigating all aspects of his relationship to
Yeshiva University."
On the surface, Madoff's funds were supposed to be low-risk
investments. His largest fund reported steady returns, usually gaining
a percentage point or two a month. The funds' stated strategy was to
buy large cap stocks and supplement those investments with related
stock-option strategies. The combined investments were supposed to
generate stable returns and also cap losses.
But sometime in 2005, according to the SEC suit, Madoff's
investment-advisory business morphed into a Ponzi scheme, taking new
money from investors to pay off existing clients who wanted to cash
out. According to a form filed with the SEC, Madoff reported that the
business had $17.1 billion under management in January 2008. As the
market got worse this year, Madoff continued to report to investors
that his funds were up — as much as 5.6% through the end of November.
That would have been a remarkable performance. During the same time,
the stocks of the Standard & Poor's 500, where Madoff supposedly
did most of his trading, had dropped a weighted average of 37.7%.
Despite his gains, a growing number of investors began asking
Madoff for their money back. In the first week of December, according
to the SEC suit, Madoff told a senior executive that there had been
requests from clients for $7 billion in redemptions. On Wednesday,
Madoff met with his two sons to tell them the advisory business was a
fraud — "a giant Ponzi scheme," he reportedly told them — and was
nearly bankrupt. The sons reportedly contacted their lawyer, who then
alerted federal authorities to the fraud. Before being caught, Madoff
was working on a scheme to dole out his funds' remaining $300 million
to the firm's employees and his family members.
Many who know Madoff say they are surprised by the
revelations. "Many of the assets he took were from friends and family,"
says a former Tremont official. "It is almost inexplicable. Even the
people I have talked to who have had long relationships with him are
shell-shocked."
[Baca]
By Michael Skakun and Ken Libo, The Forward
We arrived, two scribes-for-hire, at the Madoff residence on Manhattan's Upper East Side. "Queens High Baroque," we said sotto voce in unison as we stepped off the elevator and into the vestibule of the Madoffs' apartment. It was a wet day, and we quietly removed our galoshes.
We had been summoned by the lady of the house, Ruth Madoff, director of Bernard L. Madoff Investment Securities LLC and wife of the company's owner, to help with a special project. We took no notes that day, about five years ago, but the scenes and quotes that follow have come to mind in recent days, and are told here as faithfully as memory allows.
The ample Madoff foyer and living room burst with what appeared to us as classical knockoffs, the regal effect spoiled by overexertion. Gold sconces lined the stenciled wallpaper, a Napoleonic-style desk stood to the side, and the Greek and Egyptian statues vied with each other to set a mood of antique decorum. Arabesque-styled Central Asian rugs beguiled our vision with looping patterns and impressive symmetries, further softening our footfalls.
Ruth Madoff, a petite blonde with a pert nose and quick movements, ushered us into a sunlit kitchen. We could see that the downpour outside had come to a halt. "We'll be more comfortable here," she told us. White cabinets swept from floor to ceiling. The Formica-topped oval table had an array of crystal-cut glasses brimming with cooled fruit juices.
Ruth's taut, well-tended skin made her look a good 10, if not 20, years younger than she was. She was thin, sylphlike, giving further economy to the word "trim."
Ruth shook out her curls as she sat herself down on a wicker chair. Her manicured fingers lay folded on her lap. "It's heimisher in here," she said. The spotless kitchen stood in warm contrast to the cold hauteur of the foyer. The Madoffs, we feared, had effectively exiled themselves from their well-appointed living room, reserved strictly for formality and occasion.
On the tabletop lay her spiral-bound, hearth-toned cookbook, filled with recipes she had culled from the great Gallic and American chefs, many graduates of the French Culinary Institute. She had charmed the likes of Emeril Lagasse, Daniel Burke, Daniel Boulud and Bobby Flay to conjure up dishes that would pass the strictest dietary laws. Among its tinted pages, recipes for vegetable gumbo jostled against those for paupiettes of baked salmon; wok-seared duck breasts nestled side by side with braised and cooked goose, garnished with watercress aglio-olio.
"Now we can get down to business," she said, pouring herself a cup of hot tea. "Bernie is turning 65. Other men slow down; take it easy, not him. He's got the whole world on his head."
Ruth smiled wanly and brushed her hand through her soft, layered hair.
"I want to give him a birthday present he won't forget," she said.
We asked her what she had in mind.
"Maybe a surprise scrapbook, you know, pictures, photos, invitations, the works," she said.
We let the idea settle in, and she continued.
"Oh, we'll think of something, maybe interesting collage effects. What we'll want is to bring out Bernie's many facets," she said.
But no sooner had she spoken than she caught herself.
Bernie, she said, was cautious, even circumspect, a man who liked the tried and true, things in their proper place. He never wanted to be caught off guard. But that is exactly what his wife was hoping to pull off, somehow to charm him without startling him.
At first, Ruth thought she knew exactly where to begin. She brought out photos of a smiling, gap-toothed Queens boy, bat at hand, ready to hit a home run. He had quite a swing in those days. Boy, could he send those balls flying.
But with each passing photo she hesitated, breathing more heavily.
Bernie, she observed, was a secretive man. "He likes to keep things close to his vest," she said. She looked wistfully at the photos lying on the table.
Suddenly, she gathered the pictures into a heap. She looked out the window.
"Let me mull this over," she finally said and whisked us out the door.
The next day we received a call from Ruth. We could hear the pause in her voice. It seemed touched with sadness. She had changed her mind. More time was needed, she said. She thought 65 was an age betwixt and between. Seventy, three score and ten, would give the fuller measure of a life, would be just the right moment to spring this happiest of surprises on Bernie.
Now, we have learned, it is Bernie who has sprung the unhappiest of surprises on investors around the world.
[Baca]
By Drake Bennett The Boston Globe
Published: December 23, 2008
BOSTON: The deepening global economic downturn has been hard on a lot of people, but it has been hard in a particular way for U.S. economists.
For most people, pain and apprehension have been mixed with amazement at the complexity of what has unfolded: the dense, invisible lattice connecting home prices to insurance companies to job losses to car sales, the inscrutability of the financial instruments that helped spread the poison, the sense that the ratings agencies and regulatory bodies were overmatched by events, the recent wild gyrations of stock markets.
It is hard enough to understand what is happening, and it seems absurd to think we could have seen it coming beforehand. The vast majority of us, after all, are not experts.
But academic economists are. And with very few exceptions, they did not predict the crisis, either. Some warned of a housing bubble, but almost none foresaw the resulting cataclysm. An entire field of experts dedicated to studying the behavior of markets failed to anticipate what may prove to be the biggest economic collapse of our lifetime. And now that we are in the middle of it, many frankly admit that they are not sure how to prevent things from getting worse.
As a result, there is a sense among some economists that as they try to figure out how to fix the economy, they are also trying to fix their own profession.
The discussion has played out in blog posts and opinion pieces, in U.S. congressional testimony, at conferences and in working papers. A field that has increasingly been defined, at least in the public eye, by quirky studies explaining the economics of our everyday lives has turned decisively, in the past couple months, to more traditional economic turf.
And at U.S. economics powerhouses like Harvard, Massachusetts Institute of Technology and the University of Chicago, faculty lunch discussions that once might have centered on theoretical questions and the finer points of Bayesian analysis are now given over to dissecting bailout plans. Long-held ideas - about the stability of the business cycle, the resilience of markets and the power of monetary policy - are being challenged.
"Everyone that I know in economics, and particularly in the worlds of academic finance and academic macroeconomics, is going back to the drawing board," said David Laibson, a Harvard economist. "There are very, very, very few economists who can be proud."
A few suggest, as well, that there are deeper problems in the discipline. U.S. economists are asking aloud whether the field has grown too specialized, too abstract and too divorced from the way real-world economies actually function. They argue that many models used to predict the dynamics of financial markets or national economies have been scrubbed clean, in the interest of theoretical elegance, of the inevitable erraticism of human behavior.
As a result, the analytical tools of the trade offer little help in a crisis and have little to say about the sort of collapses that led to this one.
"You can't just say, 'I have a model for tremors that works great - I just can't explain earthquakes,"' said Kenneth Rogoff, an economist at Harvard who has studied financial crises.
Historically, periods of severe economic distress have shaken up economics and helped drive its evolution. And amid the current crash, there is an urgent search for approaches and models that might better illuminate ways to speed the recovery, forecast future meltdowns and help better describe the unruly flow of money.
The question of how well economists can model crises takes on an even greater importance because of the central role economic experts will play in the U.S. administration of President-elect Barack Obama - not only at the Federal Reserve, the Council of Economic Advisers and the Treasury Department, but in the Economic Recovery Advisory Board, a newly formed body created by Obama and led by the former Fed chairman Paul Volcker.
Obama has a reputation for placing a great deal of stock in expertise and the power of data. For better or worse, the evolving understanding of economic breakdowns will have ample opportunity to test itself against the real thing.
Along with everything else they have done, the financial meltdown and economic slump have spurred unprecedented political attention and participation by economists.
"In my lifetime as an economist I've never seen economists so engaged by what's going on," said Richard Thaler of the University of Chicago. "At the University of Chicago people always talk economics at lunch, but for the last three months they've all been talking about the crisis and the bailout and writing op-eds."
This is something of a change. The topics economists study often have little to do with the average person's economic life. As in almost any academic field, practical relevance sometimes has little to do with judgments about what questions are most interesting and rewarding.
This divergence was exacerbated, many economists say, during the span of almost uninterrupted economic growth that began in the late 1980s, a period when many practical questions in the making of economic policy came to be seen as having been settled. For years, leading economic figures like Lawrence Summers and Alan Greenspan argued that the United States had more or less brought the business cycle to heel.
Partly as a result, many bright young economists turned to questions that were quirkier, or more purely mathematical. To the wider public, the most visible ramification of this was the boom in papers and books about the economics of everyday life. Economists like Steven Levitt of the University of Chicago, Ray Fisman of Columbia, Edward Miguel of the University of California, Berkeley, and Justin Wolfers of the University of Pennsylvania used economics as a forensic tool to examine family dynamics, speed-dating, parking scofflaws, basketball games and the life choices of street criminals.
For those who stayed on more traditional economic turf, however, the trend was toward narrower and more abstract questions. Financial economists set out to figure out why it was that stocks earned more than bonds or to devise better ways of calculating the correlation between the price of a single asset and the price of the market it was part of.
Wolfers, being an economist, describes these intellectually challenging but less policy-relevant questions as a sort of scholarly luxury good. "During good times we all consume more luxuries," he said, "but during a bad economy, it feels to macroeconomists that what we should be doing is stuff to help today."
Some economists have suggested that this focus may account for the failure of so many to see the warning signs of the financial crisis and to predict the size and scope of its fallout.
Others see a broader problem, in that the sort of behavior that has been seen in everyone from home buyers to investment bankers in recent months is hard to fit into economists' analytical tools. The models used by macroeconomists do a poor job of describing the messiness of an actual market in flux.
As a result, economists end up oversimplifying such situations when they model them - or simply avoid studying them at all.
"We have a very restrictive set of language and tools, and we tend to work on the problems that are easily addressed with those tools," said Jeremy Stein, a financial economist at Harvard. "Sometimes that means we focus on silly questions and ignore greater ones."
[Baca]
By Robin Pogrebin
Published: December 24, 2008
There is a teaching in the Talmud that says an individual who comes before God after death will be asked a series of questions, the first one of which is, "Were you honest in your business dealings?" But it is the Ten Commandments that have weighed most heavily on the mind of Rabbi David Wolpe of Sinai Temple in Los Angeles in light of the sins for which Bernard Madoff stands accused.
"You shouldn't steal," Rabbi Wolpe said. "And this is theft on a global scale."
The full scope of the misdeeds to which Madoff has confessed in swindling individuals and charitable groups has yet to be calculated, and he is far from being convicted. But Jews all over the country are already sending up something of a communal cry over a cost they say goes beyond the financial to the theological and the personal.
Here is a Jew accused of cheating Jewish organizations trying to help other Jews, they say, and of betraying the trust of Jews and violating the basic tenets of Jewish law. A Jew, they say, who seemed to exemplify the worst anti-Semitic stereotypes of the thieving Jewish banker.
So in synagogues and community centers, on blogs and in countless conversations, many Jews are beating their chests — not out of contrition, as they do on Yom Kippur, the Day of Atonement, but because they say Madoff has brought shame on their people in addition to financial ruin and shaken the bonds of trust that bind Jewish communities.
"Jews have these familial ties," Rabbi Wolpe said. "It's not solely a shared belief; it's a sense of close communal bonds, and in the same way that your family can embarrass you as no one else can, when a Jew does this, Jews feel ashamed by proxy. I'd like to believe someone raised in our community, imbued with Jewish values, would be better than this."
Among the apparent victims of Madoff were many Jewish educational institutions and charitable causes that lost fortunes in his investments; they include Yeshiva University, Hadassah, the Jewish Community Centers Association of North America and the Elie Wiesel Foundation for Humanity. The Chais Family Foundation, which worked on educational projects in Israel, was recently forced to shut down because of losses in Madoff investments. Many of Madoff's individual investors were Jewish and supported Jewish causes, apparently drawn to him precisely because of his own communal involvement and because he radiated the comfortable sense of being one of them.
"The Jewish world is not going to be the same for a while," said Rabbi Jeremy Kalmanofsky of Congregation Ansche Chesed in New York.
Jews are also grappling with the implications of Madoff's deeds for their public image, what one rabbi referred to as the "shanda factor," using the Yiddish term for an embarrassing shame or disgrace. As Bradley Burston, a columnist for haaretz.com, the English-language Web site of the Israeli newspaper Haaretz, wrote on Dec. 17: "The anti-Semite's new Santa is Bernard Madoff. The answer to every Jew-hater's wish list. The Aryan Nation at its most delusional couldn't have come up with anything to rival this."
The Anti-Defamation League said in a statement that Madoff's arrest had prompted an outpouring of anti-Semitic comments on Web sites around the world, most repeating familiar tropes about Jews and money. Abraham Foxman, the group's national director, said that canard went back hundreds of years, but he noted that anti-Semites did not need facts to be anti-Semitic.
"We're not immune from having thieves and people who engage in fraud," Foxman said in an interview, disputing any notion that Madoff should be seen as emblematic. "Why, because he happens to be Jewish, he should have a conscience?"
He added that Madoff's victims extended well beyond the Jewish community.
In addition to theft, the Torah discusses another kind of stealing, geneivat da'at, the Hebrew term for deception or stealing someone's mind. "In the rabbinic mind-set, he's guilty of two sins: one is theft, and the other is deception," said Burton Visotzky, a professor at the Jewish Theological Seminary.
"The fact that he stole from Jewish charities puts him in a special circle of hell," Rabbi Visotzky added. "He really undermined the fabric of the Jewish community, because it's built on trust. There is a wonderful rabbinic saying — often misapplied — that all Jews are sureties for one another, which means, for instance, that if a Jew takes a loan out, in some ways the whole Jewish community guarantees it."
Several rabbis said they were reminded of Esau, a figure of mistrust in the Bible. According to a rabbinic interpretation, Esau, upon embracing his brother Jacob after 20 years apart, was actually frisking him to see what he could steal. "The saying goes that, when Esau kisses you," Rabbi Visotzky said, "check to make sure your teeth are still there.
Rabbi Kalmanofsky said he was struck by reports that Madoff had tried to give bonus payments to his employees just before he was arrested, that he was moved to do something right even as he was about to be charged with doing so much wrong. "The small-scale thought for people who work for him amidst this large-scale fraud — what is the dissonance between that sense of responsibility and the gross sense of irresponsibility?" he said.
In a recent sermon, Rabbi Kalmanofsky described Madoff as the antithesis of true piety.
"I said, what it means to be a religious person is to be terrified of the possibility that you're going to harm someone else," he said.
Rabbi Kalmanofsky said Judaism had highly developed mechanisms for not letting people control money without ample checks and balances. When tzedakah, or charity, is collected, it must be done so in pairs. "These things are supposed to be done in the public eye," Rabbi Kalmanofsky said, "so there is a high degree of confidence that people are behaving in honorable ways."
While the Madoff affair has resonated powerfully among Jews, some say it actually stands for a broader dysfunction in the business world. "The Bernie Madoff story has become a Jewish story," said Rabbi Jennifer Krause, the author of "The Answer: Making Sense of Life, One Question at a Time," "but I do see it in the much greater context of a human drama that is playing out in sensationally terrible ways in America right now."
"The Talmud teaches that a person who only looks out for himself and his own interests will eventually be brought to poverty," Rabbi Krause added. "Unfortunately, this is the metadrama of what's happening in our country right now. When you have too many people who are only looking out for themselves and they forget the other piece, which is to look out for others, we're brought to poverty."
According to Jewish tradition, the last question people are asked when they meet God after dying is, "Did you hope for redemption?"
Rabbi Wolpe said he did not believe Madoff could ever make amends.
"It is not possible for him to atone for all the damage he did," the rabbi said, "and I don't even think that there is a punishment that is commensurate with the crime, for the wreckage of lives that he's left behind. The only thing he could do, for the rest of his life, is work for redemption that he would never achieve."
[Baca]
By Nelson D. Schwartz
PARIS: For generations, the calling card of Swiss private bankers has been the promise of prudence and discretion.
Now, as the links between Bernard Madoff and elite private banks like Geneva-based Union Bancaire Privée emerge, this well-polished reputation has been tarnished by the $50 billion Ponzi scheme that Madoff has been arrested for and accused of running.
L'Affaire Madoff, as it has become known here and in Geneva, has cast an unwanted spotlight onto the normally shadowy world of private bankers in Switzerland and other cozy hiding places of offshore wealth, like the Cayman Islands and Luxembourg.
And while there are many Swiss victims in terms of total exposure, UBP is the best-known private bank to get hit, with $700 million of its clients' money invested with Madoff.
Founded in 1969 by Edgar de Picciotto, UBP quickly became a giant in the conservative world of Swiss banking, where partnerships like Pictet and Lombard Odier stretch back more than 200 years.
With assets of $125 billion and a client base of wealthy individuals, families and institutions that reach from Qatar to Uruguay to Russia and throughout Europe, it is one of Switzerland's biggest pipelines for channeling client money into hedge funds worldwide.
About six years ago, that business, known as a fund of funds, began to rake in larger fees when it decided to set up a vehicle called M-Invest Ltd to funnel cash to Madoff's firm.
Through this relationship, UBP claimed it was able to gain close insight into Madoff's investment operations, through copies of trade tickets and an unusual degree of access granted by Madoff himself to UBP's representatives, according to a confidential internal letter sent to investors on Dec. 17, obtained by The New York Times.
The memorandum, while seeking to reassure investors, could raise questions about why UBP, unlike others who claimed to have seen red flags, did not use its access to delve more deeply into the unusually consistent annual returns that Madoff's funds were reporting.
According to the memo, "We have met with Bernard Madoff and various principals several times at Madoff's office, twice within the last year, and have had numerous conversations in between." The letter stated that several of UBP's senior investment professionals met with Madoff in 2004 and 2007, and that UBP's structured risk analysis unit "had a full review in 2006 and recently in 2008 with Madoff himself."
The UBP letter acknowledges some concerns over how Madoff's firm combined investment management and brokerage services. But the Geneva bank said it "found comfort" in the fact that the firm was subject to "routine" audits by the Securities and Exchange Commission and Finra, another securities regulator, as well as "Madoff's longstanding reputation in building Wall Street's markets infrastructure." M-Invest was regulated by the Cayman Islands Monetary Authority, where it was incorporated.
UBP was also closely tied to Fairfield Greenwich Group, the New York investment company that was the single biggest gatherer of money for Madoff, sending $7.3 billion his way and collecting more than $500 million in fees as a result.
Michael de Picciotto, a nephew of the founder and a top executive of UBP, is a close friend of Andrés Piedrahita, a son-in-law of Walter Noel, the founder of Fairfield Greenwich. Piedrahita played a key role in raising much of the money from Europe and South America that ended up with Madoff.
UBP was the also main investment adviser, custodian and leverage provider to Fairfield's huge fund of funds business and De Picciotto in turn was a key adviser to Fairfield, according to an internal document prepared by Fairfield last year for a potential buyer of the firm. In addition, UBP is listed as the sixth-largest investor in Fairfield's funds, for which the bank provided "qualitative and quantitative research and operational due diligence," according to the letter.
At one point, the letter boasted that De Picciotto could provide insight into UBP's investment and asset allocation strategy. Through these connections, UBP became entwined with Madoff's investments even as competitors like Société Générale, which turned up a series of red flags during routine due diligence in 2003 at Madoff's New York headquarters, steered clear.
"Ultimately, these people were blind to what was going on," said Michel Dominicé, a veteran Geneva hedge fund manager with $200 million under management.
He said the links between UBP, Fairfield Greenwich and Madoff, as well as the hundreds of millions in fees the firms earned by steering money to Madoff investments, pointed to conflicts of interests that penalize investors.
[Baca]
The multiple failures that beset the country, from our mismanaged economy to our shredded constitutional rights to our lack of universal health care to our imperial debacles in the Middle East, can be laid at the feet of our elite universities. Harvard, Yale, Princeton and Stanford, along with most other elite schools, do a poor job educating students to think. They focus instead, through the filter of standardized tests, enrichment activities, advanced placement classes, high-priced tutors, swanky private schools and blind deference to all authority, on creating hordes of competent systems managers. The collapse of the country runs in a direct line from the manicured quadrangles and halls in places like Cambridge, Princeton and New Haven to the financial and political centers of power.
The nation’s elite universities disdain honest intellectual inquiry, which is by its nature distrustful of authority, fiercely independent and often subversive. They organize learning around minutely specialized disciplines, narrow answers and rigid structures that are designed to produce certain answers. The established corporate hierarchies these institutions service—economic, political and social—come with clear parameters, such as the primacy of an unfettered free market, and with a highly specialized vocabulary. This vocabulary, a sign of the “specialist” and of course the elitist, thwarts universal understanding. It keeps the uninitiated from asking unpleasant questions. It destroys the search for the common good. It dices disciplines, faculty, students and finally experts into tiny, specialized fragments. It allows students and faculty to retreat into these self-imposed fiefdoms and neglect the most pressing moral, political and cultural questions. Those who defy the system—people like Ralph Nader—are branded as irrational and irrelevant. These elite universities have banished self-criticism. They refuse to question a self-justifying system. Organization, technology, self-advancement and information systems are the only things that matter.
“Political silence, total silence,” said Chris Hebdon, a Berkeley undergraduate. He went on to describe how various student groups gather at Sproul Plaza, the center of student activity at the University of California, Berkeley. These groups set up tables to recruit and inform other students, a practice know as “tabling.”
“Students table for Darfur, no one tables for Iraq. Tables on Sproul Plaza are ethnically fragmented, explicitly pre-professional (The Asian American Pre-Law or Business or Pre-Medicine Association). Never have I seen a table on globalization or corporatization. Students are as distracted and specialized and atomized as most of their professors. It’s vertical integration gone cultural. And never, never is it cutting-edge. Berkeley loves the slogan ‘excellence through diversity,’ which is a farce of course if one checks our admissions stats (most years we have only one or two entering Native Americans), but few recognize multiculturalism’s silent partner—fragmentation into little markets. Our Sproul Plaza shows that so well—the same place Mario Savio once stood on top a police car is filled with tens of tables for the pre-corporate, the ethnic, the useless cynics, the recreational groups, etc.”
I sat a few months ago with a former classmate from Harvard Divinity School who is now a theology professor. When I asked her what she was teaching, she unleashed a torrent of obscure academic code words. I did not understand, even with three years of seminary, what she was talking about. You can see this absurd retreat into specialized, impenetrable verbal enclaves in every graduate department across the country. The more these universities churn out these stunted men and women, the more we are flooded with a peculiar breed of specialist. This specialist blindly services tiny parts of a corporate power structure he or she has never been taught to question and looks down on the rest of us with thinly veiled contempt.
I was sent to boarding school on a scholarship at the age of 10. By the time I had finished eight years in New England prep schools and another eight at Colgate and Harvard, I had a pretty good understanding of the game. I have also taught at Columbia, New York University and Princeton. These institutions, no matter how mediocre you are, feed students with the comforting self-delusion that they are there because they are not only the best but they deserve the best. You can see this attitude on display in every word uttered by George W. Bush. Here is a man with severely limited intellectual capacity and no moral core. He, along with “Scooter” Libby, who attended my boarding school and went on to Yale, is an example of the legions of self-centered mediocrities churned out by places like Andover, Yale and Harvard. Bush was, like the rest of his caste, propelled forward by his money and his connections. That is the real purpose of these well-endowed schools—to perpetuate their own.
“There’s a certain kind of student at these schools who falls in love with the mystique and prestige of his own education,” said Elyse Graham, whom I taught at Princeton and who is now doing graduate work at Yale. “This is the guy who treats his time at Princeton as a scavenger hunt for Princetoniana and Princeton nostalgia: How many famous professors can I collect? And so on. And he comes away not only with all these props for his sense of being elect, but also with the smoothness that seems to indicate wide learning; college socializes you, so you learn to present even trite ideas well.”
These institutions cater to their students like high-end resorts. My prep school—remember this is a high school—recently built a $26-million gym. Not that it didn’t have a gym. It had a fine one with an Olympic pool. But it needed to upgrade its facilities to compete for the elite boys and girls being wooed by other schools. While public schools crumble, while public universities are slashed and degraded, while these elite institutions become unaffordable even for the middle class, the privileged retreat further into their opulent gated communities. Harvard lost $8 billion of its endowment over the past four months, which raises the question of how smart these people are, but it still has $30 billion. Schools like Yale, Stanford and Princeton are not far behind. Those on the inside are told they are there because they are better than others. Most believe it.
The people I loved most, my working-class family in Maine, did not go to college. They were plumbers, post office clerks and mill workers. Most of the men were military veterans. They lived frugal and hard lives. They were indulgent of my incessant book reading and incompetence with tools, even my distaste for deer hunting, and they were a steady reminder that just because I had been blessed with an opportunity that was denied to them, I was not better or more intelligent. If you are poor you have to work after high school or, in the case of my grandfather, before you are able to finish high school. College is not an option. No one takes care of you. You have to do that for yourself. This is the most important difference between them and the elites.
The elite schools, which trumpet their diversity, base this diversity on race and ethnicity, rarely on class. The admissions process, as well as the staggering tuition costs, precludes most of the poor and working class. When my son got his SAT scores back last year, we were surprised to find that his critical reading score was lower than his math score. He dislikes math. He is an avid and perceptive reader. And so we did what many educated, middle-class families do. We hired an expensive tutor from The Princeton Review who taught him the tricks and techniques of taking standardized tests. The tutor told him things like “stop thinking about whether the passage is true. You are wasting test time thinking about the ideas. Just spit back what they tell you.” His reading score went up 130 points. Was he smarter? Was he a better reader? Did he become more intelligent? Is reading and answering multiple-choice questions while someone holds a stopwatch over you even an effective measure of intelligence? What about those families that do not have a few thousand dollars to hire a tutor? What chance do they have?
These universities, because of their incessant reliance on standardized tests and the demand for perfect grades, fill their classrooms with large numbers of drones. I have taught gifted and engaged students who used these institutions to expand the life of the mind, who asked the big questions and who cherished what these schools had to offer. But they were always a marginalized and dispirited minority. The bulk of their classmates, most of whom headed off to Wall Street or corporate firms when they graduated, starting at $120,000 a year, did prodigious amounts of work and faithfully regurgitated information. They received perfect grades in both tedious, boring classes and stimulating ones, not that they could tell the difference. They may have known the plot and salient details of Joseph Conrad’s “Heart of Darkness,” but they were unable to tell you why the story was important. Their professors, fearful of being branded political and not wanting to upset the legions of wealthy donors and administrative overlords who rule such institutions, did not draw the obvious parallels with Iraq and American empire. They did not use Conrad’s story, as it was meant to be used, to examine our own imperial darkness. And so, even in the anemic world of liberal arts, what is taught exists in a moral void.
“The existence of multiple forms of intelligence has become a commonplace, but however much elite universities like to sprinkle their incoming classes with a few actors or violinists, they select for and develop one form of intelligence: the analytic,” William Deresiewicz, who taught English at Yale, wrote in “The American Scholar.” “While this is broadly true of all universities, elite schools, precisely because their students (and faculty, and administrators) possess this one form of intelligence to such a high degree, are more apt to ignore the value of others. One naturally prizes what one most possesses and what most makes for one’s advantages. But social intelligence and emotional intelligence and creative ability, to name just three other forms, are not distributed preferentially among the educational elite.”
Intelligence is morally neutral. It is no more virtuous than athletic prowess. It can be used to further the rape of the working class by corporations and the mechanisms of repression and war, or it can be used to fight these forces. But if you determine worth by wealth, as these institutions invariably do, then fighting the system is inherently devalued. The unstated ethic of these elite institutions is to make as much money as you can to sustain the elitist system. College presidents are not voices for the common good and the protection of intellectual integrity, but obsequious fundraisers. They shower honorary degrees and trusteeships on hedge fund managers and Wall Street titans whose lives are usually examples of moral squalor and unchecked greed. The message to the students is clear. But grabbing what you can, as John Ruskin said, isn’t any less wicked when you grab it with the power of your brains than with the power of your fists.
Most of these students are afraid to take risks. They cower before authority. They have been taught from a young age by zealous parents, schools and institutional authorities what constitutes failure and success. They are socialized to obey. They obsess over grades and seek to please professors, even if what their professors teach is fatuous. The point is to get ahead. Challenging authority is not a career advancer. Freshmen arrive on elite campuses and begin to network their way into the elite eating clubs, test into the elite academic programs and lobby for elite summer internships. By the time they graduate they are superbly conditioned to work 10 or 12 hours a day electronically moving large sums of money around.
“The system forgot to teach them, along the way to the prestige admissions and the lucrative jobs, that the most important achievements can’t be measured by a letter or a number or a name,” Deresiewicz wrote. “It forgot that the true purpose of education is to make minds, not careers.”
“Only a small minority have seen their education as part of a larger intellectual journey, have approached the work of the mind with a pilgrim soul,” he went on. “These few have tended to feel like freaks, not least because they get so little support from the university itself. Places like Yale, as one of them put it to me, are not conducive to searchers. Places like Yale are simply not set up to help students ask the big questions. I don’t think there ever was a golden age of intellectualism in the American university, but in the 19th century students might at least have had a chance to hear such questions raised in chapel or in the literary societies and debating clubs that flourished on campus.”
Barack Obama is a product of this elitist system. So are his degree-laden Cabinet members. They come out of Harvard, Yale, Wellesley and Princeton. Their friends and classmates made huge fortunes on Wall Street and in powerful law firms. They go to the same class reunions. They belong to the same clubs. They speak the same easy language of privilege and comfort and entitlement. They are endowed with an unbridled self-confidence and blind belief in a decaying political and financial system that has nurtured and empowered them.
These elites, and the corporate system they serve, have ruined the country. These elite cannot solve our problems. They have been trained to find “solutions,” such as the trillion-dollar bailout of banks and financial firms, that sustain the system. They will feed the beast until it dies. Don’t expect them to save us. They don’t know how. And when it all collapses, when our rotten financial system with its trillions in worthless assets implodes and our imperial wars end in humiliation and defeat, they will be exposed as being as helpless, and as stupid, as the rest of us.
[Baca]
BOSTON - A new U.S. investigative panel is demanding answers from the U.S. Treasury about how the agency has spent money from the 700-billion-dollar bailout fund.
The Congressional Oversight Panel, a four-person board authorized by Congress and led by consumer advocate Elizabeth Warren of Harvard Law School, is charged with finding out what Treasury has done with the billions it has already spent.
"We are here to ask the questions that we believe all Americans have a right to ask: who got the money, what have they done with it, how has it helped the country and how has it helped ordinary people?" the panel says in its first report, which lays out its work.
The panel has begun gathering documents from Treasury and also is holding a series of public meetings across the U.S., to hear the public's concerns about the bailout and the economy. The panel expects to have some answers for Congress and the public by Jan. 9, when it will issue a report on its website, cop.senate.gov.
"We will be running very hard over the next 40 days," Warren told members of Congress recently. Also on the panel are Rep. Jeb Hensarling, a Republican from Texas; Richard Neiman, Superintendent of Banks in New York; and Damon Silvers, a lawyer with AFL-CIO.
"The recession has visited every household in the country. More than 100,000 families last month headed into bankruptcy courts. Americans are watching Washington's every move with great concern," Warren said.
In a desperate attempt to ease lending, the Federal Reserve Tuesday dropped the federal funds interest rate to between 0 and .25 percent, the lowest in decades.
The Warren panel lacks subpoena power but will work together with Special Inspector General Neil M. Barofsky, who will wield significant legal power, and the General Accounting Office, in auditing and overseeing the funds.
"The public has a right to know how financial institutions that have received public money are using that money," the panel says. "Treasury should be responsible for holding individual institutions accountable for how they use the public's money."
After considerable protests from the public, legislators approved on Oct. 3 700 billion dollars in special funding for the U.S. Treasury, which was requested by Treasury Secretary Henry Paulson who said the funds were needed to prevent a wholesale collapse of the U.S. financial sector.
Paulson has since doled out the equivalent of 1,900 dollars per U.S. family to banks and financial institutions, according to Warren's panel. None of the Treasury funds have been aimed at slowing foreclosures.
Paulson gave 40 billion dollars to insurance giant AIG, 165 billion dollars to 87 banks, including Citigroup and eight other of the largest financial institutions in the U.S., plus an additional 20 billion dollars to Citigroup. The nine large banks were required to give the U.S. a limited amount of stock and returns in exchange for the money.
The Treasury bailout program, run by Assistant Secretary Neel Kashkari, did not require the banks to use the money in any particular way. Kashkari told Congress recently that Treasury has not audited the money to see how it is being spent.
"There is a casual impression that this money is being used to pay bonuses for top executives and dividends for shareholders," James Crotty, professor emeritus in economics at the University of Massachusetts, told IPS.
"There are ways to measure what's happening to the lending. This may be something to question Treasury vigorously about," Warren said. Great Britain has kept track of its bank bailout money, and required concessions, unlike the U.S., she said.
"The money was given to financial institutions in return for those institutions to lend to small and medium enterprises. There was an explicit quid pro quo," she said.
Paulson and Kashkari, both formerly of Goldman Sachs, have spent additional millions to hire private firms and some of the same institutions that received bailout money, to help administer the bailout program.
Much secrecy surrounds the spending of the money, with the amount of money in some contracts blackened out and the work actually underway by the contractors not described or audited.
"We are disturbed that so much of [the bailout] activities are opaque. There is a lack of adequate oversight and a lack of transparency," Beverley Lumpkin, an investigator with the Program on Government Oversight, a Washington non-profit, told IPS. POGO praises the panel's work so far.
"We like the questions they ask. We feel they are pretty much tracking the major questions that need to be looked at," Lumpkin said.
Despite the spending of these funds and more than two trillion by the U.S. Federal Reserve, the economy remains in turmoil, marked by job losses and climbing unemployment, business closings, more than 2 million home foreclosures in 2008 and a severe drop in the value of the stock market.
"The funds haven't done what they are supposed to do. They hoped interest rates would come down and that loans would take place. It doesn't appear that either of those things have happened," Crotty said.
The nation's largest banks are not loaning money to each other out of fear that they will lose it if a bank defaults, due to their heavy investment in risky, unregulated products based on mortgages with sky-high interest rates and unfair terms, many of which are now in foreclosure and without value. This in turn has crimped loans to businesses and brought the economy almost to a halt.
"Virtually all the things that indicate the health of the economy are deteriorating rapidly. Everything looks horrible at the moment," Crotty said.
[Baca]
Monday, 01 December 2008 22:49
I like to call a spade a spade.
If a person gambles at the Genting Casino in Malaysia or at the Sand Dunes in Las Vegas, he is a gambler regardless of his stature in life and or his qualifications – those that have a long list of alphabets e.g. PhD, MBA, Msc, Bsc etc.
But there is a class of gamblers that deserve our utter contempt and derision because they have applied their god-given skills to gambling and to advising the casinos, specifically the global derivative casino instead of more productive endeavours.
The most abhorrent of this class of gamblers are the Nobel Laureates in economics, these scumbags who have been responsible in creating various risks models that enabled their partners in crime – the fat cats in Wall Street, City of London and elsewhere – to defraud pension funds, municipals and retail investors through derivative trading of esoteric financial products.
They have also defrauded central banks and sovereign wealth funds, but I have no pity for these central banks and their political masters because they have been thoroughly corrupted by the trillion-dollar derivative casino.
Their arrogance is such that they consider themselves infallible and that their so-called mathematical models in determining and forecasting volatility and risks will beat the odds and reap billion-dollar rewards for those who place their faith in their arrogance.
These Nobel Laureates in economics who indulge in the global derivative casino are an essential part of the Global Shadow Money-Lenders and in the last ten years spawn a global financial empire valued at US$565 Trillion!
However, this gigantic Ponzi scheme has collapsed and we are now witnessing its ultimate destruction.
Like wars, the resulting impact thus far on the global economy has been devastating – the global financial tsunami has destroyed national economies, caused millions to lose their homes, their jobs and families. For the poor who are living on a mere US$2 a day, the sharp escalation in essential food items has caused untold misery, disease and starvation.
But these Nobel Laureates are not too overtly concerned. They have enriched themselves in the billions, even though the various funds under their management have collapsed and have wiped out investors who were foolish enough to believe in their infallibility!
It is interesting and most telling that almost all recent Nobel Laureates in economics are involved in one way or another in creating models that analyses volatility and risks across a broad spectrum of financial activities.
However, it can be said without any fear of contradiction that most of these volatility / risks models have been applied to the global derivative casino.
Two models deserve mention because they loom large in the derivative casino. One is the Black-Scholes model and the other, the ARCH model (Autoregressive Conditional Heteroskedasticity). The former is the brainchild of Nobel Laureates Myron Scholes and Robert Merton and the late Fisher Black which is a formula for option pricing. The latter is the “discovery” of Nobel Laureate Robert F. Engle III.
Such models have enabled derivative gamblers to come up “financial engineered products” such as the volatility swap which is essentially a forward contract on the future realized volatility of a given underlying asset. Volatility swaps allow investors (the glorified name of a gambler at the derivative casino) to trade the volatility of an asset directly, not unlike a trade of a price index.
The closest analogy I can use is that of “Suicide poker”. This is where players agree to gamble on five cards, with each player having one card face-up and the next four cards given out face-down. Bets are placed with each round and when all the 5 cards are given out, the 4 face-down cards are then opened to determine who has the best combination.
A sucker’s game!
Exploiting their so-called expertise in forecasting odds, Myron Scholes and Robert Merton and their partners in crime – John Meriwether, a former vice chairman of Solomon Brothers, David Mullins, a former vice chairman of the Board of Governors of the Federal Reserve System and Eric Rosenfeld from the Harvard University – founded the infamous LTCM hedge fund which collapsed in 1998. The demise of LTCM almost triggered a global banking collapse. Greenspan came to its rescue by pumping billions into the hedge fund.
Shod of all economics rhetoric, the LTCM strategy was explained in simple terms by Myron Scholes as follows:
“LTCM would make money by being a vacuum sucking up nickels that no one else could see.”
No doubt the model had many fanciful equations, but in essence, the LTCM way of making money was the power of leverage. And LTCM was operating with a leverage ratio of 30. This means that with a capital of US$1 million, they can borrow US$30 million. LTCM raised billions in capital. Just imagine the financial war chest when leveraged 30 times!
After the collapse of LTCM, Myron Scholes went on to establish the US$5.8 billion hedge fund, Platinum Asset Grove Management. A new generation of suckers fell for its academic credentials. Today, these suckers are crying and bleeding. The fund in November 2008 closed its doors and disallowed investors from withdrawing their monies!
The irony of this blue-ribbon investment strategy which is based on the model’s ability to forecast risks is its total failure to forecast the biggest risks of all time – the systemic collapse of the global banking system. The ultimate risk, a black swan event!
Nobel Laureates like Myron Scholes and Robert Merton must be denounced and punished – life-imprisonment no less for their crimes. The same goes for the other Nobel Laureates who unashamedly lend their credentials to the global derivative casino hucksters and cheats!
While more than a billion people are below the poverty line and cry out for food aid, these so-called economists would rather employ their expertise in aid of casino operators and fraudulent bankers than to engage in productive endeavours to rid the world of poverty and pestilence.
Shame, shame on these Nobel Laureates, financial prostitutes for the Global Shadow Money-Lending System!
[Baca]
The American Revolution was an extraordinary event. The idea that freedom was an
inherent right, that tyranny could be successfully opposed, that government could serve
the people, not the few, was truly revolutionary in 1776—as it is today.
The American Revolution, however, has run its course; and unless resuscitated and given
new life, the American dream and the dreams of America’s founding fathers will soon be
only a memory. Dreams rarely come to pass and those that do rarely last. The American
dream is no exception.
What happened in 1776 has been subverted by the passage of time and the inconstancy of
later generations. Those who rule America today have subverted the principles
enumerated in the US Constitution; principles the Founding Father hoped would guide
those who followed them through the crises yet to come.
The principles were not many, e.g. fiscal prudence, sound money, separation of church
and state and a limited military and limited government. But even those few and clearly
stated principles succumbed over the years to the imposition of policies that had given
rise to the need to revolt in 1776.
Now, in 2008, tyranny and government excesses are again upon America, but this time it
is by America’s own hand. The policies of King George III were no more egregious than
the policies of President George Bush II.— taxation without real representation, e.g.
TARP (80 % Americans opposed), the imposition of policies contrary to the will of the
people, e.g. US presence in Iraq and Afghanistan (70 % opposed), and the loss of
individual freedoms under the Patriot Act (60 % opposed).
The difference between 1776 and 2008 is that America is now tyrannized not by the King
of England but by its own government. Today, the US government does not represent the
will of the people. It represents instead the special interests that control the US
government through the buying of votes—America is not for sale only because it has
already been sold.
The difference between 1776 and 2008 is not only 232 years. It is the difference between
the dream of the Founding Fathers and the shadow of that dream in whose increasing
darkness Americans now exist.
THE FEDERAL RESERVE BANK IS THE REASON FOR AMERICA’S
FALL FROM POWER AND THE SOURCE OF ITS INCREASING PROBLEMS
Thomas Jefferson warned 200 hundred years ago that if private bankers were allowed to
issue America’s money, indebtedness, foreclosure and suffering would follow. Yet, in
2
1913, private bankers gained control over America’s money by the passage of the Federal
Reserve Act.
We are now suffering for ignoring Jefferson’s warnings. Jefferson was right in predicting
our problems but his words were overridden by those who had other plans for America,
plans that would increase their profits at the expense of the nation.
It is no accident America is now an empty shell of the great economic power it once was.
Bled dry by debt imposed by those whose sole intent was to profit, the US is now
bankrupt at a time it desperately needs the resources it no longer has.
The US Treasury is now empty except for IOUs and only if others continue to buy
America’s debts can America continue to go forward. Once we were creditors, now we
are debtors. America cannot escape the consequences of what has been done but we can
limit our problems if we undo their cause.
The Federal Reserve Act was enacted by Congress and signed into law by President
Woodrow Wilson who later bitterly regretted what he had done to America.
I am a most unhappy man. I have unwittingly ruined my country. A great industrial
nation is controlled by its system of credit. Our system of credit is concentrated. The
growth of the nation, therefore, and all our activities are in the hands of a few men. We
have come to be one of the worst ruled, one of the most completely controlled and
dominated Governments in the civilized world no longer a Government by free opinion,
no longer a Government by conviction and the vote of the majority, but a Government by
the opinion and duress of a small group of dominant men.
Woodrow Wilson, US President
The power of the Federal Reserve System—a system controlled by a small group of
dominant men—derives solely from is power to issue debt-based money in the form of
US dollars and to charge interest on their issuance. We are paying our jailors for our
enslavement and are fools for so doing. Who would have thought—except Jefferson.
FRANCE AND AMERICA’S FIGHT FOR FREEDOM
This article is being posted from Paris, France; a city and nation that supported America’s
War of Independence against England. Over time, Americans have forgotten this
important fact.
Following the Declaration of Independence of the thirteen colonies, the American
Revolution had been well received in France, both by the population and the enlightened
elites. The Revolution was perceived as the incarnation of the Enlightenment Spirit
against the "English tyranny". Benjamin Franklin, dispatched to France in December of
1776 to rally her support, was welcomed with enthusiasm, and numerous Frenchmen
embarked for the Americas to help the war, motivated by the prospect of valor in battle
3
or animated by the sincere ideal of liberty and republicanism, like Pierre Charles
L'Enfant, and La Fayette, who enlisted in 1776.
http://en.wikipedia.org/wiki/France_in_the_American_Revolutionary_War
In the last two centuries, Americans have come to identify more with England (perhaps a
cultural variant of the Stockhausen syndrome) than with its first ally, France—the lure of
a good Burburry overcoming its love for the great cloak of freedom. Unfortunately,
Americans have forgotten their history and what they haven’t forgotten they have now
reinvented.
Freedom is always fragile and is always under attack from those who would enslave
others for their own ends, including profit; and, the present crisis is as threatening to
America as was the crisis of 1776.
Now, as then, the cause of America’s problem is English in origin. But this time the
cause is England’s central banking system, recreated on our own shores as the Federal
Reserve Bank, a private central bank masquerading as a US Federal government
institution.
But America does not own or control the Federal Reserve Bank. The Federal Reserve
Bank is owned and controlled by a small group of dominant men— private bankers who
through their control of the Federal Reserve now control America.
GOLD IS FREEDOM
THE 5 % SOLUTION
Gold is freedom because gold is the antidote to the debt-based money of private bankers
issued by central banks such as the Federal Reserve, debt-based money that has been
destroying America’s wealth, savings, and productivity for almost one hundred years.
Since the Federal Reserve began issuing debt-based US dollars 95 years ago, the US
dollar has lost 95 % of its value. The whiff of the dollar’s demise is now in the air and
unless something is done quickly, its end is imminent. There is only 5 % left to go.
Only if America returns to the principle of sound money enumerated in its Constitution,
will the abomination of unsound money and unsound governance end. If the Federal
Reserve is allowed to continue, so too will our problems and the now 95 year downward
spiral of America.
The choice is clear: End the Federal Reserve or the American dream will end. End of
story.
Five….four.…three....two….
fini
4
PROFESSOR FEKETE & THE END GAME
Professor Antal E. Fekete’s recent writing on the backwardation of gold has created a
firestorm of controversy regarding its significance, as well it should. This is an area in
which Professor Fekete is the resident expert. The professor’s words of warning about
gold’s backwardation should not be taken lightly—nor should any of his words.
I consider myself fortunate to have made the professor’s acquaintance when I first began
my inquiry into matters of economics. Grounded in academic inquiry, Professor Fekete’s
concern for economic truths is equaled by his concern for his fellow man, attributes not
commonly shared by the “economists” responsible for our current problems.
On March 27th, 28th and 29th, I will be attending and speaking at Professor Fekete’s event
in Szombathely, Hungary, on the subject of the coming depression, an event that will
dwarf the disaster of the Great Depression of the 1930s.
If you are able to attend, I strongly suggest that you do. I have stated before that in my
opinion Professor Fekete is a giant in a time of small men. I stand by that statement
today. Opportunities to listen to persons of such stature are rare as they are invaluable.
Information about the March event is available at www.professorfekete.com. The
meaning and significance of gold’s backwardation will be discussed as will the
Professor’s observations regarding the accelerating economic crisis—the resolution of the
end game.
Darryl Robert Schoon
www.survivethecrisis.com
www.drschoon.com
blog www.posdev.net/pdn/index.php?option=com_myblog&blogger=drs&Itemid=81
[Baca]
Ever since the two Bear Stearns hedge funds defaulted 17 months ago triggering a global financial crisis, the Federal Reserve has been busy putting out one fire after another. Fed chief Ben Bernanke has slashed interest rates to .25 percent, handed out billions in emergency funding to teetering insurance companies and mortgage lenders, and provided $8.3 trillion in loan guarantees to keep the financial system from collapsing. Unfortunately, nothing the Fed has done has either stabilized the markets or stopped the contagion from spreading to the broader economy where consumer spending has fallen sharply, unemployment has skyrocketed, manufacturing has slipped to a 30 year low, and housing prices have plummeted. Bernanke, the Princeton academic who is an expert on the Great Depression, is limited in his understanding of the crisis by his "monetarist" bias. He believes that the only way to fight credit contraction is by flooding the financial system with liquidity ("quantitative easing"). But this remedy focuses more on reducing the symptoms rather than curing the disease. Christopher Wood sums it up in an article in the Wall Street Journal article "The Fed is Out of Ammunition":
"The origins of the modern conventional wisdom lies in the simplistic monetarist interpretation of the Great Depression popularized by Milton Friedman and taught to generations of economics students ever since. This argued that the Great Depression could have been avoided if the Federal Reserve had been more proactive about printing money. Yet the Japanese experience of the 1990s -- persistent deflationary malaise unresponsive to near zero-percent interest rates -- shows that it is not so easy to inflate one's way out of a debt bust."
Bernanke's strategy may provide some temporary relief, but it won't fix the underlying problems. The debts will have to be brought forward and written off, insolvent institutions will have to be shut down, indictments will have to be served to those who defrauded investors, and transparency will have to be reestablished. Bernanke and his colleagues at the US Treasury believe they can bypass these confidence-building measures by simply opening the liquidity-valves and waiting for the economy to come charging back to life, but it won't work. Liquidity is not credibility and it's the lack of credibility that has investors racing for the exits.
Last week, the yield on the 3 month Treasury went negative, which is to say, the buyer of the bond would actually lose money at the date of maturity. So, why would an investor buy a T-bill for $100 when he knew he would only get $99 back?
Fear; pure, unadulterated fear. The same fear that has pushed 30 year Treasurys to historic lows, kept the VIX "the fear gauge" in the stratosphere for months on end, and sent global stock markets into the biggest swoon since the 1930s. Bernanke's liquidity injections don't address the panic that has spread from the trading pits to every hearth and hamlet across the country where the tremors from the credit crunch are now being felt.
The problem isn't just money either, but how quickly the money is turned over. The Fed has increased the money supply at an unprecedented pace and expanded its balance sheet to $2.25 trillion, but velocity is down. Activity in the secondary markets has slowed to a crawl. Wall Street is leading the economy into recession. In 2005 through 2007, nearly 60 percent of the banks revenues came from securitized loans, that is, loans that were passed on to the big investment banks where they were repackaged and sold to foreign investors and hedge funds as securities. According to the Wall Street Journal, " the issuance of nonagency mortgage-backed securities (MBS) in America has plunged by 98% year-on-year to a monthly average of $0.82 billion in the past four months, down from a peak of $136 billion in June 2006. There has been no new issuance in commercial MBS since July. This collapse in securitization is intensely deflationary."
This point is usually ignored by the pundits. Securitization increased velocity which added significantly to GDP, but that part of the market is now frozen--the investment banks are gone and the hedge funds are in distress--and the commercial banks are not capable of making up the difference. That means credit will continue to contract no matter what the Fed does. The recession will be long and deep.
Obama's economic team has signaled that they will try to revive consumer spending with a gigantic $1 trillion stimulus package. But $1 trillion barely covers the $800 billion that homeowners withdrew in home equity in 2007 alone. (Today home equity withdrawals have nearly disappeared altogether) But stimulus doesn't deal with the deeply-rooted problems either; its just another band-aid for a sucking chest wound. Besides, as chief blogger at Naked Capitalism points out, it is unlikely that economist John Maynard Keynes would have approved of the stimulus which Obama is championing:
"Now to my doubts about the proposed remedies, namely monster stimulus and monetary easing. First, as mentioned before, the analogy is to the US in the Depression, which we have said repeatedly before is questionable. The US in the 1920s was the world's biggest creditor, exporter, and manufacturer. Our position then is analogous to China's now. Indeed, Keynes in the 1930s urged America to take even more aggressive measures, and argued that it was not reasonable for the US to expect over-consuming, debt-burdened countries like the UK and France to take up the demand slack. So even though most economists are invoking Keynes, it isn't clear he'd prescribe such aggressive stimulus for the US and UK now."
Treasury Secretary Timothy Geithner and presidential adviser Lawrence Summers believe they can fire off a massive stimulus salvo and put the economy back on track, but it will take more than that. The financial system needs fundamental structural reform and both men rose to power because they proved themselves loyal defenders of the status quo. Geithner and Summers may nibble at the edges and make grandiloquent proclamations about rebuilding the system, but when its time to pull the trigger, they will subvert every attempt to regulate or oversee the system which they feel is the sole province of the establishment elites who own the big financial institutions. There's bound to be plenty of blasting trumpets and celebratory confetti to greet Obama's economic whiz kids. Just don't expect change. Barring a complete economic meltdown, the rot at the heart of the system will continue to fester and grow under Obama just as it did under Bush and Clinton.
How can one maintain a free market system when financial institutions are not allowed to fail?And how can such a system function properly without stop signs, guard rails, speed limits or rules that determine what side of the road one can drive? And how can confidence be strengthened when no one pays for predatory lending, ratings manipulation, malfeasance, fraud, or any other white collar crime? So far, not one indictment has been served in the biggest financial swindle of all time. That's not how a "rules-based" system is supposed to operate.
Meanwhile, the economy continues to deteriorate faster than anyone expected. Companies are cutting back on investment, slowing production and laying off workers. Corporations are unable to finance ongoing operations or expansion because of widening spreads on corporate bonds. The volume of debt issued around the world plunged by 75% in the last three months, according to the Bank for International Settlements (BIS). "Net issuance of bonds and notes by corporations, financial institutions and governments fell to 247 billion dollars (195 billion euros) from 1.086 trillion dollars in the second quarter." US households have begun paying down debt for the first time since the Fed kept records in 1952, another setback for an economy that depends on consumer spending for 72 percent of GDP. Also, the unemployment rolls have surged by 573,000 in November, creating 1.5 million jobless in the last 6 months. All of the economic data, including reinvestment and earnings, is showing weakness while asset prices across the spectrum--stocks, real estate and commodities-- continue to lose altitude. The prospects for a quick recovery are slim to none.
Undeterred by the pervasive signs of deflation, Bernanke is planning even bolder moves to stimulate spending and get credit flowing through the system. The Central Bank is purchasing securitized debt from Fannie Mae and Freddie Mac, buying $200 billion of credit card and student loans from finance companies, and has stated its intention to buy US Treasurys to keep long-term interest rates artificially low. Buying Treasurys is the equivalent of trying to cover a bank overdraft by issuing a check to oneself. This is the point at which monetary policy and lunacy intersect. Nevertheless, the scholarly Fed master is convinced that with a little ingenuity and a well-oiled printing press, success is certain.
The economic headwinds Bernanke is facing are ferocious. Consumer debt is at an all-time high, more than $13 trillion. And, as journalist Stephen Lendman notes, "As a per cent of GDP, total credit market debt is now double its 1929 level at about 350%." We have reached peak credit, a tipping point where consumers are forced to curtail spending and hunker-down for leaner times. The conventional strategy of pump-priming with low interest credit or stimulus checks from Uncle Sam will only soften the blow from the hard landing ahead. The fear of job loss, insolvency and even destitution is gnawing away at the psyche of maxed-out consumers. Hardship is reshaping attitudes towards spending. Bernanke's "zero down", "no doc", "adjustable rate" easy money is out of step with the times. Profligate consumption is no longer cool. With Housing prices crashing and the Dow Jones on track for its worst year since the Great Depression, people are no longer feeling flush. In fact, tumbling property values have chopped a hefty $4 trillion from household balance sheets already while wages have continued to stagnate.
The Fed's persistent price-fixing and market interventions can only succeed as long as there's a reliable pool of speculators willing to borrow capital and put it to work to turn a profit; that's the basic premise of bubblenomics. With the financial system deleveraging, the broader economy contracting, and commodities, stocks and housing flat-lining; there are fewer and fewer opportunities for even the most risk-tolerant investor. That's why Bernanke is planning to force-feed credit into the system via untested methods that, many believe, will engender Weimer-like hyperinflation when the recession winds down. If the economy kicks in faster than Bernanke figures, he'll have to mop up $8.3 trillion of liquidity or watch while the dollar gets torn to shreds.
For now, the problem is deflation; steadily falling asset prices which are shrinking profits, increasing layoffs and forcing fire sales of distressed assets. As unemployment soars, aggregate demand falls even more, causing a vicious downward cycle. Once deflation becomes entrenched--as Japan discovered during its "lost decade" in the 1990s---it becomes more difficult to eradicate. Between 1994 to 1999, Japan initiated 7 stimulus packages which amounted to hundreds of billions of dollars. All of them failed to restart the flagging economy. According to the Wall Street Journal: "Only in this decade, with a monetary reflation and prime minister Junichiro Koizumi's decision to privatize state assets and force banks to acknowledge their bad debts, did the economy recover."
By allowing the banking giants to conceal their mountainous debts, Bernanke and Paulson are following the same spotty path to disaster creating a zombie financial system that depends on regular infusions of state largess to maintain operations and avoid liquidation. It's a lose-lose situation.
The latest essay by London Banker, "Deflation has become Inevitable", has been widely circulated on the Internet, but is worth reprinting here to underline the glaring and, perhaps, fatal flaws in Bernanke's thinking:
"For a while now I have been on the fence on the inflation/deflation issue .... I’m now coming down on the side of deflation for a very simple reason: there is no longer any incentive to save or invest, and so debt and investment cannot increase much beyond current bloated levels....
The determination to avoid any accountability for failed banks, failed business models, failed regulatory systems and failed academic rationales for all the above invites anyone with spare cash – an increasingly select crowd – to withhold it from further depredations. It is this instinct, more than confidence in the government, which is driving so many to seek the temporary safety of short-dated government securities.
The result of discouraging domestic and foreign creditors and investors must be inevitable deflation as debt levels become increasingly hard to finance and ultimately contract. Irresponsible central banks and governments can try to bail out the failed banks, businesses and municipalities at the centre of every popped bubble, but the bubble economies are ever more certain to deflate with each bailout. Each bailout further undermines the market discipline which is bedrock to a saver or investor’s decision to part with hard-earned cash by trusting it to the intermediation of the management of a bank or business.
It’s this simple: I won’t invest in a country that bails out failure and punishes savers. I won’t invest in the US or UK until they change course and protect savers and investors, ensuring a reasonably predictable positive return.
It is now clear to me that policy makers in the West are determined to apply every available resource to underpinning failure, misallocation and executive excess. As this discourages the honest saver from parting with cash, policy makers are ensuring that deflation will wreak its havoc on the financial and real economies of the world. Only when that deflation has played out and rational policies that reward market-based management and returns are restored will it be worthwhile to invest again. In the meanwhile, any wealth saved securely from state seizure will "swell" to buy more assets in future - a key aspect of deflation and a key means of restoring the control of the economy into the hands of more farsighted savers and investors.
Some day soon savers will revolt at financing further depredations. They will refuse to buy even government securities, gagging at the quantities of issue forced upon them under terms of only negative return. When that final massive bubble bursts, deflation will follow its harsh corrective course and clean out deficit-financed “unproductive works”.
The market has failed, and officialdom is collaborating in perpetuating that failure." (London Banker)
Well said.
[Baca]
Last Updated: 11:13AM BST 28 Aug 2002
Summertime and the living is easy.
The
poor old UK investor may beg to differ, having spent this particular
summer grappling with badly-holed equity funds, duff savings rates and
with-profits products that may soon have to change their names to
"without-profits", or even "with-losses", to comply with trades
description regulations.
Zeros (zero-dividend
preference shares), on the other hand, have lived up to their name big
time, but not to their promises of secure returns. Flogged like sweets
to risk-averse investors, a number of zeros collapsed earlier this year.
Meanwhile,
large companies have been queuing up to announce the closure of
generous final-salary pension schemes to new staff, who were shunted
off to the frozen wastes of money-purchase land. Employer contributions
were quietly slashed for the new recruits.
Worst of
all, commentators have proved unremittingly gloomy about the prospects
of any early upturn, leaving us sitting miserably on piles of cash.
This
type of scenario is meat and drink to disciples of Warren Buffett, who
invest when everyone else is running for cover and sit on their hands
when the rest of the world is piling into shares.
It's
a perfectly good dictum - history provides ample proof of its worth -
but it only really works for those with nerves of steel, or who have a
fair chunk of money.
Most investors lack the confidence to try it. Fortune may favour the brave, but cowards prefer to sleep at night.
As
you relax in the garden on this (fingers crossed, as I write) sunny
Bank Holiday Sunday, it's time to consider the latest financial trends.
You don't have to lift a finger; just enjoy the warm glow of
unaccustomed optimism.
Worried about a property
crash? Consider this. According to several sources, there is growing
evidence of a slowdown in house price inflation. If this trend
continues, we may yet be able to avoid calamity. We may even be
entering a period of relative calm in the housing market.
Meanwhile,
high street spending is definitely on the wane. According to the Office
for National Statistics, retail sales growth slowed for the third month
running in July. This has to be good news for those expecting a
consumer borrowing crisis.
More and more commentators
are beginning to make bullish noises about equities, although they're
still wary of the effects of corporate fraud and bellicose sentiment in
the US. Keep an eye on developments.
Although savings rates may look miniscule compared with what we're used to, they're pretty generous in real terms.
A
few years ago, savings accounts were frowned upon because they failed
to keep up with inflation. Nowadays, the best accounts pay rates that
are not only way above inflation (currently hovering at about 2 per
cent), but also comfortably above the bank base rate, currently 4 per
cent (though on page 9, we highlight savings accounts that still offer
miserly returns).
Stop trying to second-guess the
future. Don't pay attention to scary predictions from experts. They get
it wrong much more often than they are right.
Go back
to basics. The traditional advice is still the best: keep it simple,
pay off debts, don't take risks you can't live with, never invest in
anything you don't understand and never gamble with money you can't
afford to lose.
Most important of all, relax.
[Baca]
Bernard
Madoff, who has been charged with fraud, allegedly told staff his
investment firm was "basically a giant Ponzi scheme" - but how does
this particular type of swindle work?
By Amy Wilson
Last Updated: 2:05PM GMT 15 Dec 2008
According to US financial regulator the Securities and Exchange Commission,
Ponzi schemes are a kind of pyramid scheme which operate on ``the `rob Peter
to pay Paul' principle".
With the promise of large returns as bait, the fraudster takes in money from
new investors and uses it to pay off the earlier investors until no more new
recruits can be found and the whole scheme collapses, with the newest
investors losing everything.
The ruse is named after Charles Ponzi, a 1920s crook who promised investors in
New England a 40pc return on their investment in just 90 days, compared with
5pc in a savings account. Ponzi had planned to make money by taking
advantage of the difference in exchange rates between the dollar and other
currencies to buy and sell international mail coupons at a profit. His
scheme was an amazing success, and during one three-hour period in 1921, he
took in $1m (£670,000). But when the house of cards inevitably collapsed, it
turned out he had only ever purchased about $30 worth of the mail coupons on
which the scheme was based.
In Madoff's case, the FBI's complaint alleges he told their agents he had been
paying investors "with money that wasn't there". Regulatory
filings show he managed money for hedge funds, banks and wealthy
individuals.
[Baca]
America's
chief financial watchdog has admitted it failed to act on "credible and
specific" allegations regarding Bernard Madoff dating back to at least
1999.
By James Quinn, Wall Street Correspondent
Last Updated: 12:31PM GMT 17 Dec 2008
Christopher Cox, chairman of the US Securities and Exchange Commission, said
on Tuesday night that the regulator had been made aware of "credible
and specific allegations" regarding Mr Madoff.
In a frank statement, Mr Cox said: "I am gravely concerned by the
apparent multiple failures over at least a decade to thoroughly investigate
these allegations or at any point to seek formal authority to pursue them."
Mr Cox also admitted that SEC investigators did not subpoena any information
when looking at these allegations in the past, and instead relied on
information voluntarily produced by Mr Madoff.
Already under heavy fire from critics for its light regulation of Wall
Street's bonus structure, Senate Banking Committee Chairman Chris Dodd is
demanding an explanation from the SEC on Madoff.
The alleged fraud by the 70-year old has left investors around the world
reeling, with private individuals and some of the world's biggest financial
institutions, including the Royal Bank of Scotland and Santander, hurt. Mr
Madoff was arrested last Thursday after allegedly telling his sons that his
company was no more than a 'giant Ponzi scheme,' the SEC said.
In addition, Mr Cox confirmed that SEC staff are now sifting through "vast
amounts of records and information" involving Mr Madoff and the firm.
The SEC chairman revealed that the records looked at to date are highlighting
the "complicated steps" Mr Madoff took conduct the alleged fraud. "Progress
to date indicates that Mr. Madoff kept several sets of books and false
documents, and provided false information involving his advisory activities
to investors and to regulators," Mr Cox said.
Mr Cox has now asked the SEC's Inspector General to launch a full
investigation into its handling of the allegations brought to its attention
in the past.
[Baca]
Posted By:
The Asia File at Dec 23, 2008 at 20:49:09 [
General]
There's nothing journalists like doing less than praising other
journalists. But hats off to Erin E. Arvedlund, an American business
journalist who warned about Bernie Madoff's apparently peerless investment returns back in 2001, in an article in Barron's, the weekly US business publication.
News of Madoff's alleged $50bn pyramid scheme came as a shock to
most of Wall Street and the rest of the world but not, it seems, to Ms
Arvelund.
In an article headlined "Don't Ask, Don't Tell", she raised question
marks about how he had been able to consistently deliver returns of
15pc or more per annum. A number of experts in options trading told her
that it was very hard to understand how he was generating that level of
returns with the investment style he was supposed to be using.
Euphemistically, she wrote "some on Wall Street remain skeptical
about how Madoff achieves such stunning double-digit returns using
options alone".
She speaks about how she got the story in an interview with Portfolio.com here. Hat-tip to Roy Greenslade.
[Baca]
Posted By:
Emma Hartley at Dec 18, 2008 at 17:20:43 [
General]
A few months ago it might have made some kind of sense to congratulate the suspected conman Bernard Madoff
for showing up the world's bankers as a bunch of financial
illiterates. Given everything that has happened recently, though, it's
hard to work up any enthusiasm for this self-evident truth.
He is accused of taking many of the world's most serious investment
outfits for around $50 billion and yet there is a growing disquiet
about this figure - which is said to have originated from him - with
commentators pointing out that it is, literally, incredibly high. Would
it be any surprise to discover that this hound's boasting, grandiose
approach extended as far as exaggerating the scale of his
alleged fraud? Probably not.
A temporarily successful Ponzi scheme basically
involves feeding money from recent investors to earlier investors to
the advantage of a few early investors and the disadvantage
late-joiners. Hmm... What other story in the news at the moment does
this remind me of?
Public sector pensions work in the same way: taking money from today's working young and transporting it into the pockets of the retired.
There is no pension porridge pot bubbling away in the background,
producing income with National Insurance contributions for when today's
grey-faced youth finds itself at its own enforced leisure. The money
whooshes straight from one place to the next, creating a time bomb for
when pensioners outnumber those supporting them. That will be the
moment when this particular Ponzi scheme collapses.
The solution will be political. But the politics of expection
haven't really caught up with the problem. Are the young bothered about
this particular problem? Not really: they're too busy trying to pay off
their student loans and worrying about whether the downward movement in
property prices will allow them to get on the housing ladder. Yet the
downturn in the world markets will not fundamentally affect the
generational distribution of wealth.
Baby boomers, as a group, had very few children. Yet the young have
had to pay for a college education that their parents'
generation received for free, have - in this country - less social
mobility due to the end of grammar schools (as a result of a manoeuvre
known as "pulling up the ladder behind you"), will not inherit as their
own parents did due to taxation laws that haven't kept pace with
inflation and do not have final salary pension schemes to anywhere near
the same extent due to an increase in casual, freelance and temporary
contracts.
It's slightly amazing that the young aren't more energetic on these
issues. Where is the political party representing their interests? On a
generational scale the young are being ripped off by a Bernard Madoff
figure to end all Bernard Madoff figures: inertia.
[Baca]
Just as Bernard Madoff is alleged to have relied on payments in from new
investors to pay out returns and promote a $50 billion (£33 billion) fund
that scarcely existed, our Government continues to issue promises which it
hopes future generations will honour.
By Ian Cowie
Last Updated: 1:31PM GMT 23 Dec 2008
Comments 34
|
Christmas came early this week for 95,000 public sector pensioners. After
questioning in the House of Commons, Cabinet Office Minister Liam Byrne
admitted that they had been overpaid a total of £126m since 1978 but
emphasised that they would not be required to pay the money back.
Particularly at this time of year, it makes a pleasant change to see some
pensioners actually gaining from the sort of bureaucratic bungling with
which we are now so wearily familiar and utterly fed up. All things
considered, most people will be willing to set aside any Scrooge-like
tendency to ponder upon who is paying for the politician to pose as Father
Christmas.
However, a slight chill is placed on this cheery scene when you consider the
uncertainty which these pensioners now face over what they will have to live
on next year after their incomes are cut to the correct level. Perhaps
equally galling, from the point of view of the majority who live in England,
is the news from Scotland that the minority who are in receipt of
overpayments north of the border will continue to be overpaid for as long as
they live.
Good for them, you may very well say. After all, students receive grants in
Scotland which are no longer available in England and the elderly receive
free long term care up there, while means tests force tens of thousands of
family homes to be sold south of the border.
English voters and taxpayers seem quite happy to put up with our Scottish
rulers, Prime Minister Gordon Brown and Chancellor Alistair Darling,
applying different fiscal regimes to different parts of the United Kingdom. "Yo
ho ho!", we seem to say, as they grimly raise taxes in the south and
cheerily spend them in the north. Or perhaps it is all an inevitable result
of having a parliament in Edinburgh as well as London.
Speaking as a deracinated Jock, I have no wish to start a row with the rest of
the Cowie clan just a few days before Hogmanay. Instead, I will merely risk
irritating my wife by pointing out how this case demonstrates – once again –
how differently pensioners are treated in the public and private sectors.
There would have been no question of airily writing off or agreeing to
forget the trivial sum of £126m had the good old taxpayer not been available
to pick up the bill.
Steve Bee, head of pensions at – appropriately enough – Scottish Life, told
me: "These pensioners are lucky that public sector schemes are not
covered by the same legislation that governs private sector schemes, which
are required by law to pursue any overpayment of more than £250.
"If a private sector pension failed to pursue the overpayment – or did
so unsuccessfully – then a minimum 40pc unauthorised payment surcharge would
be levied by HM Revenue & Customs on the member but that could rise to
55pc."
Over at wealth managers Hargreaves Lansdown, Tom McPhail – yes, another
deracinated Jock, we really are everywhere – cites several cases where
companies have pursued pensioners for overpayments and others where the
Ombudsman has intervened on the side of compassion. He added: "But
mistakes in the calculation of a few tens of thousands of pensions pale into
insignificance when you consider this week's estimate by the Confederation
of British Industry (CBI) that public sector pensions will cost taxpayers in
future £1 trillion – or £1,000 billion – to deliver."
Regular readers will know that the explanation is these are final salary or
defined benefit pensions, which are so expensive to fund that they are
rapidly disappearing in the private sector. Because these public sector
schemes are either inadequately funded or completely unfunded – that is,
having insufficient or no money set aside to pay pensions in future –
children who have not yet been born will have to pay more tax decades hence
to deliver promises already made to people on the public payroll now.
Put like that, Bernard Madoff, the alleged fraudster arrested in New York this
week, is nowhere near running the biggest Ponzi scheme ever; that dubious
title would have to be awarded much closer to home. Just as he is alleged to
have relied on payments in from new investors to pay out returns and promote
a $50 billion (£33 billion) fund that scarcely existed, our Government
continues to issue promises which it hopes future generations will honour.
If the whole bill for public sector pension rights already accrued fell on
today's taxpayers, it would amount to £32,000 per person.
I have been banging on about this scandal for more years than I care to
remember but it is good to see the CBI doing its bit to raise awareness.
When I called it a form of "financial apartheid" in a journalistic
attempt to turn up the volume on a complex subject several years ago, I may
even have been the first to do so. Either way, it was pleasing to see
Conservative leader David Cameron use that phrase when he tackled the topic
last month and said the two-tier system must end.
However, as my wife – a proud civil servant – never fails to remind me when I
am reckless enough to stray onto this topic, many people working in the
public sector do so for modest wages and risk-free pensions help to make up
for that fact. Certainly, if Mr Cameron wishes to reduce their contractual
rights in any way he would have to lead by example. MPs have some of the
most lavishly-funded, index-linked, final salary schemes in existence and so
it would be unwise to hold your breath.
Now I think about it, when I suggested to two senior Tories that they could
demonstrate the difference between them and the Government by asking for
Opposition MPs' pensions to be calculated on the same money purchase or
defined contribution system which is rapidly becoming the norm for their
constituents. Both MPs reacted in the same way. They laughed.
Here and now, the important point is that far too many people spend the final
years of their lives in poverty. Many more will do so in future if current
trends continue. Widespread and understandable cynicism about savings and
investments rather misses the point that you can opt out of saving but you
cannot opt out of growing old.
The Government must stop loading stealth taxes on savers – most outrageously
the £5bn a year tax on retirement funds' dividend income but also the age
allowance clawback and 10pc tax trap on trivial income from deposits,
described here last week.
Means-tested benefits disguised as tax credits are a pointless paperchase
which fail to reach millions of those who need them most. The simplest way
forward is for all pensioners to be allowed to receive tax-free income from
savings. You can support our campaign by going to
www.telegraph.co.uk/justiceforpensioners
[Baca]
Investigators have been on Bernard Madoff’s case for nearly a decade. But
investors still lost $50 billion in what may be the largest fraud in
history. To them this is more than a crime – it’s an 'almost unimaginable
tragedy’. Tim Shipman reports from Washington
Last Updated: 9:54PM GMT 20 Dec 2008
As if the collapse of global financial industries hadn’t thrown up enough
villains already, stunned investors have a new hate figure: Bernard 'Bernie’
Madoff, the 70-year-old financier and charmer whose hedge fund ensnared
wealthy Americans with the promise of record dividends. In a jaw-dropping
breach of the personal trust that was supposed to grease the wheels of
capitalism, he has admitted stealing $50 billion in the largest
pyramid-selling scheme in history.
But for many, what cuts deepest is Madoff’s betrayal of his fellow Jews in a
manner that has drawn dark parallels with an earlier time.
Jerry Reisman, a New Jersey lawyer who knew Madoff socially and is now
representing 10 investors who lost $150 million, said: “Hitler tried to kill
the Jews as a people. In one weekend, Bernie Madoff destroyed Jewish wealth
in America as we know it. He preyed on his own community.”
As the scandal broke on December 11, the high society of Palm Beach, the
playground of Florida’s millionaires, were at a charity event. “It was like
the Titanic,” one guest told the author and Palm Beach resident Laurence
Leamer. “The ship was sinking, and people were crying. Everybody was drunk.”
Yet what is most remarkable about Madoff is not the scale of his greed and
deception, but that he got away with it for so long. US regulators have
already found evidence of misconduct stretching back to the 1970s.
As long ago as 1999, an independent investigator, Harry Markopolos, concluded
that Madoff’s success could not be legitimate. In 1995, he sent the US
Securities and Exchange Commission (SEC), the financial watchdog, a 17-page
statement: “The World’s Largest Hedge Fund Is a Fraud”.
Two years later, the commission found no evidence of fraud after an
investigation that seems to have involved little more than asking Madoff
whether he was a crook, and accepting his answers.
SEC boss Christopher Cox last week denounced multiple failures at his agency
and launched an internal investigation of the relationships between his
officials and Madoff, including Eric Swanson, who had at one point been
involved in monitoring Madoff’s firm and later married his niece, Shana
Madoff.
The FBI and the American Institute of Certified Public Accountants are probing
Madoff’s auditor, whose three employees watched over the largest hedge fund
in the US from a broom-cupboard office in a suburban strip mall.
US investment banks also concluded that Madoff’s profits were too good to be
true. But he circumvented their suspicions by recruiting 4,000 clients with
a calculated front of charm and mystery that was so successful they begged
him for the chance to hand over their cash. His Ponzi scheme, as Americans
call pyramid selling, saw him suck in new investors so that he could pay
dividends to those whose money he had already taken.
His victims included Hollywood mogul Steven Spielberg, developer Mort
Zuckerman, Fred Wilpon, owner of the New York Mets baseball team, and
numerous Jewish philanthropic organisations, which have lost their
endowments and seen many of their major donors ruined. In Britain, City
superwoman Nicola Horlick, HSBC and Royal Bank of Scotland lost millions.
Madoff’s drive helped him turn a $5,000 investment (earned from working as a
lifeguard and installing sprinkler systems) into a company that helped
create the Nasdaq stock exchange, which he later chaired. It bought him a
$21m home in Palm Beach, a $7m Park Avenue apartment in New York and houses
in the Hamptons and France. He owned a 55ft yacht called, appropriately
enough, Bull.
Jerry Reisman, who met him at the Glen Oaks Country Club in Westbury, New
York, said: “He moved in some of the best social circles in New York. He
worked the best country clubs. He was utterly charming. He was a master at
meeting people and creating this aura. People looked at him as a superhero.
“People didn’t want to know what he was doing. If it’s too good to be true, it
isn’t true. But people didn’t care. They were greedy.”
Smug, too. Jeffrey Gural, chairman of real estate firm Newmark Knight Frank
told the New York Times that he was teased by his friends after Madoff
refused to let his family invest in the fund because he would not put up a
minimum of $20 million. He said: “They thought Bernie Madoff was a genius,
and that anyone who didn’t give him their money was a fool.”
The revelation that they were the fools has left Madoff investors devastated.
Take screenwriter Eric Roth, who wrote Forrest Gump. On Tuesday, he found out
that he had been nominated for a Golden Globe for his latest work, The
Curious Case of Benjamin Button, a film starring Brad Pitt and Cate
Blanchett — and that he had also lost all his retirement income. “I’m the
biggest sucker who ever walked the face of the Earth,” he told the Los
Angeles Times.
The fallout is wrecking lives. Brad Friedman, a partner with the New York law
firm Milberg LLP, is representing more than 100 clients in Britain, the USA,
Hong Kong and South America. He said: “It’s horrible. It’s a human tragedy
that is almost unimaginable. It is the kind of thing we haven’t seen since
1929. In many cases, people have lost all their money.
“The majority were not super rich — they were people around retirement age who
lost $5m to $8m but that was the entirety of their savings. However well
they may have been living previously, they now have far less money than blue
collar workers. People are selling their homes.”
Jonathan Alpert, a Manhattan psychotherapist, has counselled the victims, many
of whom were already depressed by the economic downturn. “This has rocked
their world,” he said. “The psychological repercussions are enormous. People
were already hurting from losing money the old-fashioned way. Now, there’s
shock and anger. These are smart people but when it came to Mr Madoff they
relied on trust. They are rattled to the core.”
Corrupted politicians usually retain some friends after their fall, but
Madoff’s associates were quick to drop him. On Wednesday, he was confined to
house arrest and electronically tagged after he failed to find even four
people to support his bail.
His wife Ruth and brother Peter both co-signed the surety paper. His sons,
Andrew and Mark, who both worked at their father’s firm and reportedly lost
millions themselves, refused to help.
Those who lost money now face a long fight for justice. There may be less than
$500 million of the $50 billion left. Those who invested directly with
Madoff could tap a government compensation fund. Others will have to hope
there is some money found in Madoff’s bankruptcy, or sue their own fund
managers for negligence.
Jerry Reisman said: “There is a famous line from Jerry Maguire: 'Show me the
money’. Now we’re looking for the money.”
But as they fight to uncover the full extent of Madoff’s crimes, there is
another fear. Mr Reisman said: “I can’t believe that there aren’t other
Madoffs out there.”
HOW MADOFF MADE IT HAPPEN
Rich families place money with wealth managers, hedge funds and private banks
After careful vetting, these professionals choose specialist fund managers. As
a consistent performer over decades, Madoff is a favourite choice
Madoff’s popularity leads to specialist funds being set up to raise money to
feed directly into Madoff in return for a fee
Although he says he’s investing the money, Madoff uses the inflows to pay
'profits’ back to clients
The financial crisis hits inflows and causes clients to ask for their money
back. With no money to pay out, the fraud is exposed
[Baca]
Bernard Madoff wooed the jet set, but few knew how much was at stake. James
Quinn reports.
Last Updated: 10:25AM GMT 20 Dec 2008
On Wednesday afternoon, an estate agent called Dorothy Levy took a
call in her office in Palm Beach, the Floridian playground of the
super-rich. A friend, a wealthy doctor, needed to sell his house and
move into a rented condo, and quickly.
At around the same time,
an elderly man left Manhattan's Pearl Street courthouse and walked
briskly towards the waiting black 4x4. As he walked, head down,
baseball cap on, he said nothing to the waiting reporters. This was
Bernard Madoff, accused of masterminding what could yet prove to be the
biggest fraud the world has ever seen. The doctor? Just one of the
thousands of victims of this scandal.
Since the story broke on
December 11, Levy has taken a number of calls from members of Palm
Beach's small but select community, dominated by Jewish retirees who,
in many cases, left their entire life savings in Madoff's seemingly
capable hands.
The 70-year-old was a pillar of the community,
living – when he was not in New York, or at his beachfront house in the
Hamptons – in a wood-clad, tropically styled house on North Lake Way.
Just two weeks ago, according to Bloomberg, he stopped off at the
Everglades barber shop in the town for his "usual" – a $65 haircut, a
$40 shave, a $50 pedicure and a $22 manicure.
Madoff, a self-made
man who started his investment business with $5,000 earned from working
as a lifeguard and installing refrigeration systems, lived a stone's
throw away from the perfectly manicured lawns of the Palm Beach Country
Club, the community's heart. The club has a joining fee of $300,000 and
requires prospective members to provide a history of charitable giving.
It was fertile terrain when hunting for clients. One such was Carl
Shapiro, a textiles magnate whose son-in-law, Bob Jaffe, worked as a
recruiter and gatekeeper for Madoff. When word of the accusations
against Madoff broke, Jaffe called Shapiro and told him to turn on the
news. He saw the man he had known for 48 years, and thought of as a
son, leaving court after being indicted over what federal officials
called "the world's largest Ponzi scheme". For Shapiro, who had invited
Madoff to sit at the family table at his recent 95th birthday party, it
was like "a knife in the heart" – not least because he had poured money
into the fund in recent months, at Madoff's personal request.
Shapiro
lost $400 million of his own money and $145 million from a charitable
foundation. He is far from alone: the known number of casualties is
growing by the day, cutting a scythe through the Jewish elite on both
coasts. The impeccably connected Madoff looked after funds for
Hollywood mogul Jeffrey Katzenberg, who is reported to have lost
millions, and a children's charity set up by Steven Spielberg, which
had more than half its assets with his firm. On the East Coast, the
tycoon who owns the New York Mets baseball team was hit heavily, as
were many charities, including the foundation set up by Holocaust
survivor Elie Wiesel, and Yeshiva University, America's oldest Jewish
university, for which Madoff was treasurer of the board of trustees.
The
list goes on: politicians, such as former New York governor Eliot
Spitzer, whose family foundation lost money; European banks such as
Santander and RBS; financiers such as Arpad Busson, the billionaire
hedge-fund manager and philanthropist – and the fiancé of actress Uma
Thurman – whose firm had $230 million under Madoff's management, and
Nicola Horlick, the City "superwoman", whose Bramdean Alternatives had
$31 million at stake. And spare a thought for the family of hedge fund
boss Walter Noel, the
co-founder of the Fairfield Greenwich Group,
which has a scarcely credible $7.5 billion in jeopardy: four of his
five daughters are married to men who work for the firm.
There
could even be more victims to come. The investors who have come forward
– many of whom had no idea their money was being managed by Madoff due
to the complex scheme he operated, by which certain funds fed into
others – have so far claimed losses of $35 billion, still some $15
billion shy of the $50 billion total that Madoff is alleged to have
mentioned to his two sons, Mark and Andrew. That alleged confession was
triggered after investors whose fingers had been burnt by the financial
crisis asked Madoff for their money back – they wanted $7 billion, but
there was only $300 million in the bank. The system of sucking in new
money to pay existing investors, which federal investigators allege had
gone on since at least 2005, could not continue.
Madoff's group
of companies is now under federal control, with investigators from the
FBI, the Securities and Exchange Commission (SEC), and the US
attorney-general's office camped in the firm's headquarters, the
so-called "Lipstick Building", poring through reams of paperwork.
Guards are positioned at the entrance to stop angry investors. Others
are understood to be watching over Madoff himself, as he bides his time
until his next court date, under house arrest in his $7 million
apartment on New York's Upper East Side. Having failed to convince his
sons – or any of his friends – to co-sign bail papers with his brother
Peter and wife Ruth, Madoff has been fitted with an electronic tag, and
must not leave his two-floor apartment between 9pm and 7am.
In
the meantime, the issue for investigators is how and whether such a
crime could have been committed by just one man. "Speaking as a Jew on
Christmas, I would be less shocked if Santa Claus showed up to my house
than if Bernie Madoff pulled off this fraud alone,"
Ron Geffner, a partner at law firm Sadis & Goldberg told Fortune
magazine. "It's hard to imagine that given the amount of assets that he
managed that people would not have been aware. If nothing else,
employees, no matter what floor they were on, would have known that
somewhere within the firm money was being lost."
Another body
that should have realised that something was amiss was America's main
financial regulator, the SEC. Despite several tip-offs, it failed to
detect that anything was wrong. Wall Street veteran Harry Markopolos,
who first alerted the SEC to Madoff in 1999, was treated, as he put it
this week, as "the boy who cried wolf".
Eighteen months ago, a
firm called Aksia looked into Madoff's fund on behalf of its clients
and did not like what it saw. It discovered that the main fund through
which all the money was invested was being audited by an unknown
accountancy firm, Friehling & Horowitz. Based in Rockland county,
in upstate New York, its staff consisted of a 78-year-old retiree
living in Florida, and an accountant and a secretary in a 13ft by 8ft
office.
Aksia also questioned the nature of the operations on
the 17th floor of the Lipstick Building, where staff at Madoff's
share-dealing arm were not allowed to venture. Christopher Cox, the
SEC's outgoing chairman, has said that a preliminary investigation into
how and why his staff had not pursued Madoff was "deeply troubling" and
admitted that he was "gravely concerned by the apparent multiple
failures" of the agency to investigate the allegations. Barack Obama
has claimed that the US has been "asleep at the switch" when it comes
to financial regulation.
Many of the victims, however, are not
waiting for the government. Already the lawsuits are flying, as
investors seek to recoup some of their losses. The New York Law School
is suing Ezra Merkin, his Ascot Partners hedge fund and auditors BDO
Seidman,over money it has lost; other accounting firms are likely to be
drawn into the legal crossfire, with KPMG, Ernst & Young and
PricewaterhouseCoopers among the auditors of funds that channelled
money into Madoff's pot.
Whatever the outcome of such cases,
the high-rollers of Palm Beach and elsewhere have been left reeling.
For an awful lot of once very wealthy people, this is shaping up to be
a Christmas to forget.
[Baca]
One
of the world's biggest charitable foundations has been forced to shut
down in the wake of the alleged $50 billion financial fraud
orchestrated by Bernard Madoff.
By Louise Armitstead
Last Updated: 5:18PM GMT 21 Dec 2008
Barbara Picower, who along with her husband, Jeffry, established the Picower
Foundation to fund pioneering medical research, said in an email to
beneficiaries that its grant-making would cease "effective immediately".
It also said the American organisation would "close its doors in the
coming months" because its money was managed by Mr Madoff.
Set up in 1989, the foundation - which is America's seventh largest - is the
biggest in a raft of charities and endowments that have been devastated by
the revelations that Mr Madoff, one of the world's best known financiers,
had apparently been running a Ponzi scheme or pyramid selling racket for
decades.
In Britain, there are fears that, as well as banks and hedge funds, local
authorities and pension funds could have lost millions of pounds in the
scandal.
Investment professionals are this weekend poring over accounts to assess
damage that could have been sustained from exposure to the scheme. Many have
money in specialist funds that have been caught up in the scandal.
One investment consultant said: "It's very possible that there are big
institutional losses from investments that were made many years ago. It's a
long process and we don't know the extent of the damage."
On Friday, a team of liquidators moved into Mr Madoff's London-based
operations, which were set-up to manage the financier and his family's
personal assets. A court in America last week froze all his assets.
Mr Madoff was arrested earlier this month after confessing to two sons who
worked in the broker-dealer arm of the family business that his investment
management returns were "all just one big lie".
He is free on $10 million bail but has been ordered to wear an electronic
ankle bracelet and is confined to his Manhattan apartment except for
appointments prearranged with authorities.
Mrs Picower wrote that Madoff's "act of fraud has had a devastating
impact on tens and thousands of lives as well as numerous philanthropic
foundations and non-profit organisation."
In Boston, the family foundation of philanthropists Carl and Ruth Shapiro lost
$145 million, and the couple lost millions more in personal funds.
The foundation of Holocaust survivor and Nobel laureate Elie Wiesel reported
it lost $15.2 million, nearly all of its assets.
[Baca]
Emilio Botin spoke too soon. After collecting the gong for Bank of the Year at
a recent awards dinner in London, Santander’s chairman delivered a witty
speech to the global banking elite. The chance to lord it over a captive
audience of humbled rivals was too great to resist. Botin's theme? How to be
a good banker.
By Christopher Hughes and Fiona Maharg-Bravo
Last Updated: 6:10AM GMT 16 Dec 2008
The assembled finance professionals - representing the likes of Goldman Sachs
and UBS - laughed and squirmed as Botin explained how Santander had managed
to dodge the subprime bullet. He distilled his wisdom into three simple
lessons:
One, if you don’t fully understand a product, don’t buy it.
Two, if you wouldn’t buy a product for yourself, don’t sell it.
And three, if you don’t know your customers very well, don’t lend them any
money.
That was all very well - until the Madoff scandal broke last Friday.
Santander's own anticipated losses from the Madoff affair are tiny, at just
E17m. The bank hasn't been a big lender to funds of hedge funds invested
with the former Nasdaq chairman. But it seems to have forgotten Botin's
second piece of advice, as Santander's clients have lost E2.3bn in the
alleged fraud.
Moreover, Botin concluded his advice with a nod to Rudyard Kipling’s poem
“If”, saying: “and if you do these three things, my son, you will be a
better banker". As it happens, Botin's son and son-in-law are also victims
of Madoff's apparent collapse. They run Spanish fund manager M&B Capital
advisors, which has also lost money in the affair.
At least Botin is in good company. Other so-called "winners" from the banking
crisis - HSBC, BNP Paribas and Unicredit - also have egg on their faces
courtesy of Madoff. But none of them set themselves up for a fall quite so
brazenly as the patriarch of Spanish banking.
[Baca]
What were funds of funds doing backing Bernard Madoff’s alleged $50bn Ponzi
scheme? Didn’t they do due diligence? Didn’t they spot the red flags that
might have suggested that something was fishy? These are the questions
investors who may have seen their money wiped out will be asking. And the
madder they get, the more they are likely to try to get even.
By Hugo Dixon, breakingviews.com
Last Updated: 10:36AM GMT 15 Dec 2008
For investors who got suckered when they met Madoff’s intermediaries at the
Palm Beach Country Club or one of the many other posh US golf courses where
Madoff swung his driver, there may be little restitution. Ditto for those
who invested through insubstantial funds of funds with little capital of
their own. But, in some cases, there will be deep pockets.
The deepest of these pockets appear to be outside the US. First, there’s
Santander, the Spanish banking giant. Optimal, its Swiss-based fund of funds
operation, had $3.1bn of money invested with Madoff. Given that it only had
6bn euros ($8bn) in funds under management at the end of last year, that’s
quite a lot of eggs in one basket.
Then there’s Unicredit, the Italian banking group. Pioneer Investments, its
Dublin-based fund manager, has indirect exposure to the alleged Ponzi scheme
through “feeder funds” that channelled money into Madoff. Pioneer isn’t
saying how big its exposure was – but one report says that two of its funds
had “substantially all” of their $835m invested in Madoff.
A large number of Swiss private banks were also exposed. Meanwhile, Man Group,
the London-based fund manager, had roughly $350m lodged with Madoff via its
RMF operation. The alleged fraud has also affected Nomura. The Japanese
broker marketed a feeder fund to its clients.
The scandal is hugely embarrassing to all these substantial institutions. At
the very least, it will undermine their reputations as savvy investment
advisers. More likely, investors will demand compensation. How will these
substantial institutions then react? One option will be to say no. But they
could then face a slew of lawsuits for alleged negligence. Lawyers,
including the class-action firm of Sonn & Erez, are already chumming the
waters in search of aggrieved Madoff clients.
Investors in other funds managed by these deep-pocketed Madoff feeders who
have not been affected might also lose confidence and take their money away
– damaging their entire fund management franchises.
Another alternative will be to pay up. That’s what Santander did earlier this
year after it had put some of its private bank customers into Lehman
Brothers' investment vehicles. Voluntary compensation can be costly –
especially for banks whose capital bases are being hammered from all sides.
But, in the long run, it may be less expensive than toughing it out.
[Baca]
That the auditors to Bernie Madoff's $50bn exclusive fund were an unknown firm
consisting of a 78-year-old retiree living in Florida, one accountant and a
secretary, all technically operating from an 13ft by 8ft office in northern
New York state, should have sent alarm bells ringing in the minds of the
individuals, charities and hedge funds who often fought hard to gain access
to his consistent 10pc to 12pc annual returns.
By James Quinn in New York and Amy Wilson in London
Last Updated: 11:34AM GMT 16 Dec 2008
At least, it should have done had they known. As the Madoff case reveals yet
more victims, questions about who knew what and when, and how such an
alleged fraud could have been allowed to be perpetrated are only now being
asked.
The majority of investors – most of whom never met the man, and yet were
willing to hand over their life-savings due to the allure of his fund –
accessed the Madoff machine through so-called "fixers" who then
gave access to one of seven feeder funds, each of which had recognised
auditors, giving the fund an air of respectability.
But unfortunately for those investors, the bulk of the assets were held in
Madoff Securities, which was audited by Friehling & Horowitz, which now
finds itself under investigation by the Rockland County District Attorney's
office.
There is also a small army of investigators from the Securities and Exchange
Commission (SEC) combing the 17th floor offices in Manhattan's Lipstick
building, from where Madoff ran his investment fund business.
The contents of the floor – which remained off-limits to employees of Madoff's
market-making business and is said to have been home to just Madoff and a
man known only as Frank – could provide many of the answers about when the
business started to go wrong, and when exactly he began using new investors
funds to satisfy existing clients. as has been alleged.
Although Madoff registered his investment advisory business with the SEC in
2006, it was not inspected by the regulator, until now. One of the reasons
for this is due to the growth in the number of registered advisers, which
has increased by 50pc since 2001. As a result, roughly 10pc of the
11,000-plus cabal of advisers are inspected each year.
But the SEC did not totally ignore Madoff. In 2005 and in 2007, the regulator
conducted separate inquiries into his market-making business. In 2005, it
found three rule violations relating to getting the best possible price for
customers. In 2007, after suggestions that the market-maker might be
front-running – where traders buy shares before they buy them for their
customers – but it found nothing untoward.
It is now understood, however, that even if the SEC had inspected the
investment advisory arm, it might not have found anything untoward, given
Madoff appeared to have used an unregistered money management business to
invest his client's funds.
Can investors blame the SEC? "One of the biggest factors that make this
situation very difficult is I think it was an unregulated pool of money,"
former SEC Commissioner Laura Unger said yesterday, adding that as a result
the SEC appeared to have "no clear jurisdiction."
Mark Berman, a former SEC lawyer who now runs compliance and regulation
consultancy CompliGlobe, argues the SEC could have stopped it if it had
known.
"It doesn't appear to be a case of regulatory failure. No amount of
regulation will stop a fraudster, if he is a clever individual who is intent
on deception," says Mr Berman. “If there were clear warning signs, the
SEC would have looked at the firm and, if they found fraud or other issues,
would have acted immediately.”
But what if the SEC did know, and hadn't done anything about it?
Rival market-maker Harry Markopolos claimed in a letter to the regulator in
1999 that "Madoff Securities is the world's largest Ponzi scheme"
and has spent much of the nine years since then trying to get the SEC to
investigate.
Eighteen months ago, advisory firm Aksia carried out due diligence on Madoff's
fund on behalf of clients, which it told not to invest
It is likely to take months of detailed forensic accounting before the SEC
will be able to give a clear picture on what actually happened within Bernie
Madoff's house of cards – until which time, now penniless investors will
only be able to sit and wonder how it all went so badly wrong
[Baca]
HSBC, the global bank, has potential exposure of almost £670m to Bernard
Madoff’s alleged $50bn fraud, taking the total for British financial groups
so far to close to £1.4bn.
By Jamie Dunkley
Last Updated: 5:47AM GMT 16 Dec 2008
Royal Bank of Scotland, the high street bank, and Man Group, the UK listed
hedge fund, has also revealed a combined potential exposure to the alleged
fraud of £640m.
HSBC said in a stock exchange announcement that it had provided financing to a
small number of institutional clients who invested in funds with Madoff
Investment Securities LLC. The bank said: “On the basis of information
presently available, HSBC is of the view that the potential exposure under
these financing transactions is in the region of $1bn (£668m).
The bank added that in the context of its normal global custody business, it
has custody clients who have invested with Madoff. “HSBC does not believe
that these custodial arrangements should be a source of exposure to the
group.”
RBS said in a stock exchange announcement earlier today that should the value
of Madoff’s funds fall to zero, its potential loss will amount to about
£400m.
Man Group revealed that it had invested about $360m (£240m) via its RMF
institutional fund of funds business, representing 0.5pc of its total funds.
The potential exposure follows the revelation last week that Bernard Madoff,
the former chairman of the Nasdaq stock market, had been arrested and
charged with the alleged fraud. It could become the biggest-ever case of its
kind. Mr Madoff ran a hedge fund which allegedly racked up $50bn (£33.5bn)
of fraudulent losses.
Among the other’s institutions affected is Spain’s largest bank, Santander,
which owns UK banks Abbey, Alliance & Leicester and Bradford &
Bingley. The bank said one of its funds had $3.1bn invested in the firm run
by Bernard Madoff.
City “superwoman”, Nicola Horlick, whose Bramdean Alternatives portfolio had
nearly £21m – or 9.5pc of its assets – invested with Mr Madoff, has launched
a scathing attack on US financial regulators following the emergence of the
alleged investment scam.
Ms Horlick said a “systemic failure” of American regulators seems to have
allowed Mr Madoff to preside over the alleged swindle for years. “It is
astonishing that this apparent fraud seems to have been continuing for so
long, possibly for decades, while investors have continued to invest more
money into the Madoff funds in good faith. The allegations appear to point
to a systemic failure of the regulatory and securities markets regime in the
US,” she said.
Here is list of the banks and financial institutions affected so far,
according to company statements and agency reports:
- Access International Advisors said some of its funds were invested with
Bernard Madoff. The New York-based investment frim said it was working
with counsel to assess the situation, describing it as "a shocking
development".
- Insurer Axa said that it faced losses because of the Madoff scandal,
but said that its exposure amounted to less than €100m (£90m).
- Spain's Banco Santander, which owns Abbey and Alliance and Leicester,
said its hedge fund unit invested €2.33bn (£2bn) of client funds with
Bernard Madoff.
- The Geneva-based Banque Benedict Hentsch Fairfield Partners SA
said its exposure is 56m Swiss francs (£32m) of client assets.
- Spain's second-largest bank, BBVA, said it could potentially lose €300m
(£270m) in the alleged scam run by New York trader Bernard Madoff.
- Boston philanthropist Carl Shapiro’s charitable foundation -
$145m (source Boston Globe).
- Bramdean Alternatives Ltd - 9.5pc of its assets, according to a company
statement.
- BNP Paribas, France's biggest listed bank, said it could face a
potential €350m (£313) loss from an exposure to Bernard Madoff's
investment activities.
- EIM Group - $230m (£153m) (source Reuters, citing Le Temps Newspaper).
- Elise Wiesal Foundation for Humanity - undertermined ( source Wall
Street Journal).
- Fairfield Greenwich Group - $7.5bn, according to a company statement.
- Fix Asset Management - $400m (£266m), according to a company statement.
- GMAC chairman Jacob Ezra Merkin's Ascot Partners - Most of its $1.8bn
(£1.2bn) of assets (Wall Street Journal).
- Harel Insurance Investments and Financial Services - $14.2m (£9.5m),
according to a company statement.
- HSBC said it has potential exposure of almost £670m to Bernard Madoff’s
alleged $50bn fraud.
- Julian J. Levitt Foundation - $6m (£4m) (source Washington Post).
- Kingate Management Ltd - $3.5bn (£2.3bn) (source Bloomberg).
- Korea Life Insurance - $50m (£33m) (source Yonhap news).
- Korea Teachers' Pension - $9.1m (£6m), according to a company
statement.
- Man Group said that its institutional fund of funds business RMF has
approximately $360m (£239m) invested in two funds that are directly or
indirectly sub-advised by Madoff Securities and for which Madoff
Securities acts as broker/dealer executing the investment strategy.
- Madoff Family Foundation - $19m (£13m) - (source Washington Post).
- Maxam Capital Management - $280m (£186m) - (source Wall Street
Journal).
- Neue Privat Bank, a Zurich-based bank, said its clients may lose as
much as $5m (£3m) invested in the fund linked to Bernard Madoff. The
money was invested through Nomura Bank International, Neue Privat Bank
said in a release.
- New York Met's owner Fred Wilpon's Sterling Equities - undertermined,
according to a company statement.
- Nomura Holdings, Japan's largest brokerage, said it has 27.5 billion
yen ($302 million) at risk linked to Bernard Madoff's investment funds
- Norman Braman, former owner of the Philadelphia Eagles Football Team -
undertermined (source Wall Street Journal).
- North Shore-Long Island Jewish Health System - $5m (£3.3m), according
to a company statement.
- Notz, Stucki & Cie - undertermined (source Reuters, citing Le Temps
newspaper).
- Pioneer Alternative Investments - almost all of its $280m (£187m) of
assets (source Bloomberg).
- Robert I. Lappin Charitable Foundation - $8m (£5.3m) (source Washington
Post).
- Royal Bank of Scotland said it had exposure through trading and
collateralised lending to funds of hedge funds invested with Bernard L
Madoff Investment Securities.If as a result of the alleged fraud the
value of the assets of these hedge funds is nil, RBS's potential loss
could amount to approximately £400m.
- Reichmuth and Co’s Reichmuth Matterhorn fund - $330m (£221m)
(source letter to clients).
- Societe Generale - less than €10m (£9m), according to a company
statement.
- Tremont Capital Management - undertermined (source Wall Street
Journal).
- Yeshiva University - undetermined (source Washington Post)
[Baca]
Madoff creditors braced for write off
Banks and other institutions are preparing to write off every penny tied up in
the alleged fraud at disgraced trader Bernard Madoff's investment fund
despite readying lawyers for claims against auditors and ratings agencies.
By Philip Aldrick, James Quinn and Helia Ebrahimi
Last Updated: 2:06PM GMT 16 Dec 2008
Exposures totalling $25bn (£16.4bn) have so far been disclosed by hedge funds
and banks against the $50bn Mr Madoff is alleged to have admitted losing.
Among the major casualties are Swiss private banks, which have taken a $4bn
hit, and Spanish banking giant Santander, which had €2.33bn (£2.1bn) of
client money in Madoff Investment Securities.
In the UK, HSBC admitted lending $1bn to funds looking to leverage up their
positions in Madoff. Similarly, Royal Bank of Scotland lent £400m. Both are
thought to be expecting to write off their entire exposures, while Santander
hinted that the losses will be borne by clients, with the Spanish bank
saying it would "undertake the legal actions which may be needed to
defend the interests of shareholders".
In the UK, RAB Capital, the hedge fund that lost millions investing in
Northern Rock, revealed a $10m exposure. Man Group warned of £240m of
potential losses. Bramdean Asset Management, run by City "superwoman"
Nicola Horlick, has 10pc of one portfolio investeed in the fund.
Although creditors were consulting lawyers and investors preparing class
action claims, insiders did not hold out much hope of recovering anything
from what appears to be the largest alleged corporate fraud in history.
Creditors were already writing off claims against the auditors after it
emerged that the firm is a three-man partnership called Friehling &
Horowitz that operates out of a single office in New York.
Creditors said they would consider pursuing credit rating agencies and the "feeder
funds" that provided investors access to Madoff for a management fee
and a performance-related share.
In court documents, Mr Madoff is alleged to have claimed there was just
$200m-$300m left. Another source of capital might be the family's
London-based investment fund, Madoff International, which had £113m of
largely cash assets at the end of 2007 and ceased trading yesterday.
Madoff International, unrelated to the alleged fraud, only dealt in family
money, making a trading profit of £7.6m in 2007 – at 6.7pc short of the
double-digit returns investors had grown accustomed to in the US fund. The
Financial Services Authority is believed to be speaking to both Madoff
International and its prime broker Barclays Capital.
Meanwhile Mr Madoff's sons, Mark and Andrew, released their first statement
since the alleged fraud was uncovered to say that neither knew of it before
their father informed them of it last week. The pair will "continue to
co-operate fully." They said they "were shocked" to learn of
their father's actions and contacted the authorities immediately upon being
told he had been defrauding clients. Mr Madoff is alleged to have admitted
to the fraud on Wednesday, telling staff he was "finished" and
that "it's all just one big lie".
[Baca]
The financial records of the alleged $50bn fraudster Bernard Madoff were "utterly
unreliable" and will take at least six months to decipher, according to
one of the men charged with unravelling the complex web of his accounts.
By James Quinn in New York and Katherine Griffiths
Last Updated: 12:26PM GMT 17 Dec 2008
The news will come as little comfort to the hundreds of investors who have
lost money at the hands of Mr Madoff's fund, with new victims coming forward
by the hour, including Austrian private bank Medici, with a £1.3bn exposure.
Stephen Harbeck, president of the US Securities Investor Protection
Corporation (SIPC), said: "There are some assets, but I have no idea
what the relationships of the assets available are to the claims against
them. The records are utterly unreliable on this case." The SIPC is an
industry-funded body designed to protect clients when brokerages collapse,
and on Monday appointed a trustee, through the courts, to return cash and
shares to clients of Mr Madoff's broker-dealer which is now in the process
of being liquidated.
Senator Chris Dodd, chairman of the Senate banking committee, has told the US
Securities and Exchange Commission that it must account for why it failed to
stop Mr Madoff's "Ponzi scheme" in its tracks.
Mr Madoff's investment advisory arm was never inspected by the SEC, despite
numerous tip-offs. But former SEC chairman Arthur Levitt, who ran the
regulator from 1993-2001, told the New York Post: "At this
point, I don't see any evidence that the SEC dropped the ball."
American law firms are already contacting European investors in funds invested
with Madoff.
A New York judge has given Mr Madoff until 2pm today to meet his bail
conditions, after failing to get three co-signatories to guarantee his $10m
bond, which is also secured against his Manhattan penthouse.
Mr Madoff, who has been ordered to surrender his passport, faces up to 20
years in prison and a fine of up to $5m if convicted. He is fighting the
charges, which came after his two sons allegedly told investigators he had
confessed to the fraud.
[Baca]
A 95-year-old clothing millionaire from Boston is thought to be single biggest
victim of Bernard Madoff's alleged $50bn fraud, after losing $545m (£357m),
it emerged last night.
By Rowena Mason
Last Updated: 5:46PM GMT 18 Dec 2008
Carl Shapiro is reported to have invested $400m of his own money and $145m
from his charitable foundation in Madoff's funds. Shapiro had a personal
friendship with Madoff for more than 50 years, as the pair were neighbours
in the exclusive Palm Beach area in Florida. The entrepreneur, who made his
money founding a clothing chain, Kay Windsor, was said to be "stunned
and saddened" to learn of the alleged deceit, according to reports in
the Boston Globe.
Another high-profile victim, Walter Noel, is reported to be the biggest known
corporate loser in the Madoff scandal, with losses of $7.5bn through his
investment empire, Fairfield Greenwich. A New York Times report said that
one of Noel's funds, Fairfield Sentry, invested exclusively in Madoff's
enterprise.
Other big investors to lose money include London's Kingate Management at
$3.5bn and Union Bancaire Prive of Geneva at $1bn.
Dozens of banks, hedge funds and charitable organisations have lost billions
through a company that Madoff allegedly admitted was a "giant Ponzi
scheme".
A large number of corporate and individual victims have begun hiring lawyers
in an attempt to recover their investments, which are being pored over by
the US Securities and Exchange Commission.
Some are considering suing the hedge funds and investment trusts that put
their faith in Madoff's scam.
Last night, Christopher Cox, chairman of the SEC, ordered an investigation
into why the regulator had not acted on "credible and specific
allegations" regarding Mr Madoff.
[Baca]
Bernie Madoff, a former chairman of the NASDAQ stock market, has been arrested
and charged with running a multi-billion dollar hedge fund swindle in New
York.
By James Quinn, Wall Street Correspondent
Last Updated: 10:41AM GMT 15 Dec 2008
Mr Madoff is alleged to have operated the scheme through his hedge fund
business, which was separate from his better-known market-making business,
Bernard L. Madoff Investment Securities (BMIS).
Mr Madoff told senior employees of his firm on Wednesday that "it's all
just one big lie" and that he was "finished", according to a
criminal complaint filed on Thursday night by the US Attorney's office and
the Federal Bureau of Investigations (FBI).
He allegedly went on to say that the business was "a giant Ponzi scheme"
– a reference to Charles Ponzi, one of the greatest swindlers in US history
– and estimated that the scheme had lost investors $50bn over many years –
which would make the hedge fund one of the biggest frauds in history.
"There is no innocent explanation," Mr Madoff said, according to
the criminal complaint. He told the agents that it was all his fault, and
that he "paid investors with money that wasn't there", according
to the complaint.
He allegedly told his employees that he had, for years, been paying returns to
certain investors out of the cash received from other investors.
Mr Madoff, 70, was charged with a single count of securities fraud and faces
up to 20 years in prison and a fine of up to $5m if found guilty.
The criminal complaint was accompanied by a separate civil lawsuit filed by
the US Securities and Exchange Commission (SEC), which accuses Mr Madoff of
defrauding clients of his firm and seeks emergency relief for the victims.
"Our complaint alleges a stunning fraud – both in terms of scope and
duration. We are moving quickly and decisively to stop the scheme and
protect the remaining assets for investors," said Scott Friestad, the
SEC's deputy enforcer.
The complaint details that as of Jan 7, 2008, Madoff's investment advisory
business had assets of $17.1bn, serving up to 25 clients.
Although Mr Madoff is thought to have few direct British links, he did open a
London office in 1983, with Madoff Securities International becoming one of
the first American members of the London Stock Exchange.
Stephen Raven, chief executive of Madoff Securities International said: “We
only became aware overnight of the news relating to our Chairman, Bernard
Madoff. Our business in London is not in any way part of Bernard L Madoff
Investment Securities LLC. His major shareholding in our firm is a personal
investment. Our business activities are not involved in any way with the US
asset management company with which the reported allegations appear to be
concerned. We do not have any further information beyond what is already in
the public domain."
In 2000, his market-making business BMIS partnered with Goldman Sachs and
Merrill Lynch to the form the new Primex Trading platform, one of the early
rival electronic exchanges to the main bourses which eventually fell by the
wayside following a partnership with NASDAQ.
BMIS is also credited with ending the old practice of quoting New York Stock
Exchange-listed securities in eighths of a dollar in 1997, instead listing
them in sixteenths.
Mr Madoff began BMIS with just $5,000 of savings from jobs lifeguarding at
Rockaway Beach and installing sprinkler systems.
The firm grew to become a leading market maker, with brother Peter, nephew
Charles, niece Shana, and sons Mark and Andrew all involved in the business
at some stage in recent years.
His firm's website claims that BMIS ranks among the top one per cent of US
securities firms, and states that "clients know Bernard Madoff has a
personal interest in maintaining... high
ethical standards."
Mr Madoff's lawyer, Dan Horwitz, called his client "a person of integrity"
and said he intends to fight the charge. "We will fight to get through
this unfortunate set of events." His client was released on a $10m bond
secured by his New York apartment
[Baca]
First come the losses and the stupidities committed by bankers working for
their own self-interest.
By Rob Cox, breakingviews.com
Last Updated: 10:38AM GMT 15 Dec 2008
Then come the rogue traders, who are unable to 'fess up on market bets gone
wrong. The last to arrive is the "bezzle".
That was economist JK Galbraith's word for the outright frauds built up when
markets are good. These can be kept hidden for as long as the lies hold up.
But the truth will out.
The first big outing in the current financial crisis is an alleged scam that
may cost investors as much as $50bn. It was committed, according to a US
criminal indictment, by a highly respected member of the financial
community, a one-time Nasdaq executive and a legendary trader in New York.
Bernard Madoff is accused of orchestrating a multi-year fraud in which
generous returns were manufactured for sophisticated investors. The
technique was the usual Ponzi scheme. Old investors were paid off by the new
funds lured into to Madoff's art-laden New York headquarters.
Losses of $50bn would probably make Madoff the biggest single fraudster in
history. But in fairness, such an accomplishment shouldn't come as a great
surprise. In Galbraith's model of a speculative cycle, good times spawn the
excess and corruption which eventually bring them to end. The last good
times were especially profitable, fertilising the ground for especially
large frauds.
But the first frauds to be discovered are usually the not the largest. Madoff's
alleged billions could only be a foretaste of what receding markets will
eventually expose.
[Baca]
Bernard Madoff launched his high-flying career with a few thousands dollars
raised from summer jobs as a lifeguard and garden sprinkler installer, and
ended it in a pale blue bathrobe and slippers.Last Updated: 10:37AM GMT 15 Dec 2008
Mr Madoff, 70, was a Wall Street legend before his arrest on Thursday, when
two FBI agents arrived at his $5 million (£3.3 million) apartment on New
York's Upper East Side.
Born to a New York Jewish family in 1938, at the age of 22 he put the $5,000
proceeds of his summer jobs into launching his first business - an
investment firm. Within a decade he had developed an impressive client list.
He branched into investment banking and by the early 1990s had soared to such
heights and reputation that he became chairman of the Nasdaq Stock Market.
Mr Madoff had homes in Manhattan, the upmarket New York summer haunt of the
Hamptons and Palm Beach, Florida. Many of his clients were recruited at
country clubs in those affluent high-society enclaves.
You had to be invited to get an "in" with Bernie, as friends knew
him. This allure of exclusivity and reputation for impressive financial
returns helped convince many investors of his financial bona fides, even
though some money men raised repeated concerns about his firm's zero
volatility results and lack of oversight.
Mr Madoff and his wife Ruth were fixtures on the so-called "Jewish circuit"
in New York and Florida where they were long-standing members of the Palm
Beach Country Club.
They were renowned for their charitable work and gave away millions to arts
and education groups and Jewish charities. They also served on the boards of
several prominent foundations, theatres and colleges.
Many of those who won an "in" with Mr Madoff have now lost their
life savings after trusting everything to "Bernie".
According to prosecutors, when asked by the FBI agents about his revelation to
his amazed sons that his business was collapsing, he said simply: "There
is no innocent explanation".
By Philip Sherwell in New York
[Baca]
Tom Leonard explains the background to an alleged $50 billion fraud by a Wall
Street wizard, Bernard Madoff.
By Tom Leonard in New York
Last Updated: 5:28PM GMT 15 Dec 2008
As they swapped investment stories at the golf course in Palm Beach, Bernard
Madoff's delighted clients sometimes joked that if he was a fraud, he'd take
down half the world with him.
In this, at least, they were perceptive. The fallout from the news that the
celebrated Wall Street investor was behind an alleged $50 billion (£32.7
billion) swindle – a "Ponzi" scheme in which he paid early
investors with the money put in by later ones – has swept through the worlds
of international business, moneyed society and philanthropy. Potentially
thousands of investors, including hedge funds, banks and wealthy
individuals, have had huge sums wiped out at a stroke in what could be the
biggest fraud in Wall Street history.
A Jewish charity in Boston has shut down and sacked its staff, a group of
hedge funds in Connecticut has said it is closing ("I'm wiped out",
said its chairman simply) and banks as far afield as Paris, Zurich and Tokyo
are anxiously calculating the cost of their exposure to Bernie Madoff.
Geneva-based banks and investment funds alone are estimated to have lost
more than £2.5 billion. Even Nicola Horlick, the so-called "superwoman"
of the City of London, has been hit, her Bramdean Investment firm reportedly
investing nearly £21 million with Mr Madoff. Like others, she could only
splutter her fury over the weekend at the "systemic failure" of US
regulators in letting him get away with it for years.
She may have a point. It appears that Mr Madoff's Manhattan-based investment
advisory business was never inspected by regulators after he subjected it to
oversight two years ago. Mr Madoff, 70, was a generous political donor and
had advised the Securities and Exchange Commission how to regulate markets.
According to Bloomberg News, for whatever reason, the SEC hadn't examined
his books since he registered the unit in September 2006.
A dozen SEC inspectors are now poring over his records, trying to find out
what went wrong. There are plenty of theories around already but the bottom
line is that Mr Madoff fooled a lot of people who should have known better.
Supposedly "sophisticated investors" included Fred Wilpon, the
main owner of the New York Mets baseball team; Norman Braman, a big Florida
car dealer who once owned the Philadelphia Eagles American football club and
Ezra Merkin, the chairman of General Motors' financing arm. Carl Shapiro, a
Boston philanthropist and former women's clothing magnate, has lost at least
$145 million (£95 million), it was reported yesterday. The alleged fraud had "swept
up some of the most prominent and wealthy Americans, along with many people
who thought they were embarking on a comfortable retirement and have now
been left destitute," said Brad Friedman, a lawyer involved in
representing more than 30 investors with losses they believe could total
more than $1 billion (£655 million).
The big names, it appears, would have been among an A-list of investors that
Mr Madoff used as a marketing tool to pull in others. He hired unofficial
agents and fostered an aura of exclusivity by targeting wealthy country
clubs across the US with "invitation only" policies. Refusing to
take some people on as investors only added to his appeal – Barbara Fox,
president of a Manhattan estate agency, told the New York Times she "literally
begged him" to take her on but he turned her down.
At lunch or on the links, members would talk of him in hushed, admiring tones
– Magic Mr Madoff and his Amazing 10 per cent Returns, even in a bear
market. In clubs such as the Palm Beach Country Club in Florida and the Old
Oaks in Purchase, New York, some called him "the Jewish bond"
because his fund always managed to pay eight to 12 per cent every year. He
also had unofficial agents – friends and colleagues – helping him link up
with the wealthy of Dallas, Chicago, Boston and Minneapolis. In Minneapolis,
investors from two country clubs alone are thought to have sunk $100 million
(£65 million) into his operation.
Even his agents invested heavily. Richard Spring, a former securities analyst
from Boca Raton, told the Wall Street Journal he had about $11
million (£7 million) – 95 per cent of his net worth – invested with Mr
Madoff. "That's how much I believed in him," he said. Mr Madoff
never wanted people to give him too much money straight away. "Bernie
would tell me, 'Let them start small, and if they're happy the first year or
two, they can put it more,' "he said.
It helped enormously that many of these individual investors were just like Mr
Madoff – rich, elderly Jewish New Yorkers who divided their time between the
city and Florida. It helped, too, that he and his wife, Ruth, were
well-liked on that social circuit. Keen golfers, Mr Madoff belonged to half
a dozen clubs and were known as a friendly, an understated couple who were
not interested in social climbing. Perhaps they felt they didn't need to –
the Madoffs have at least three homes including a $9 million (£5.8 million)
duplex apartment close to Central Park on Manhattan's Upper East Side,
another in Roslyn, New York, and a beachfront house in Montauk, Long Island.
There may still be a yacht moored somewhere down in the Bahamas. He has a
55-ft fishing boat called Bull on which he loved to take friends and staff.
Mr Madoff, a native New Yorker who went into finance aged 22 with $5,000
(£3,200) raised from a summer job as a beach lifeguard, was a prominent and
generous member of the city's Jewish community. He set up a charitable
foundation and was a pillar, too, of Wall Street, where he became chairman
of the Nasdaq stock exchange.
There was, as countless hapless investors have testified, little about him to
arouse suspicion and so much to inspire trust. The lucky few who were
allowed to invest with him believed they were being let in on a big secret –
which was half right. The secret was that there was no Midas touch to the
Madoff investment strategy. His magic, according to the prosecution line,
was more that of the Wizard of Oz – pull back the curtain and you would find
a little man in a tiny office above his legitimate, art-laden investment
firm where there was no computer but a lot of chits written down on pieces
of paper.
Ponzi schemes – named after a notorious 1920s American fraudster – can only
last as long as there is enough new investment to pay investors who want to
withdraw their funds from the scheme. From what prosecutors say Mr Madoff
told colleagues, his grip on the operation finally came loose earlier this
month when investors asked to redeem $7 billion (£4.6 billion) and he
struggled to find it.
Prosecutors have yet to say where all the money went and how much, if any, is
left – Did he spend it? Did he lose it on the markets? Is it under his bed?
Anything seems possible in this case. Nor will they spell out exactly how
long it lasted although they have said it was years and some have speculated
that it may have been decades. However, it certainly unravelled fast.
His arrest at 8.30am last Thursday by two FBI agents who turned up at his
Manhattan apartment came just hours after he had come clean about everything
to his sons, Andrew and Mark, said one of their lawyers. Mark, 42, ran the
proprietary trading business and Andrew, 40, was one of its directors. Their
lawyers insist that neither, who had worked their lives in the family
business, had any knowledge of what their father was doing.
According to prosecutors, he had told two staff – understood to be his sons –
that he was "finished", that his business was "just one big
lie" and "basically, a giant Ponzi scheme" that had been
insolvent for years.
Charged with a single count of securities fraud, as well as a separate civil
fraud lawsuit, he has been freed on $10 million (£6.5 million) bail.
As the blame game deepens over responsibility for the mess, it has emerged
that Mr Madoff has weathered several investigations. In 1992, he faced
regulatory scrutiny after the SEC sued two Florida accountants for allegedly
raising $441 million (£288 million) while selling unregistered securities.
The SEC determined that the money had been accounted for and didn't accuse
Mr Madoff of wrongdoing.
And his uncanny ability to give a steady 10 per cent or so return to investors
had raised eyebrows at least once before. But hedge fund managers never like
to discuss their strategies and Mr Madoff's reticence – "It's a
proprietary strategy. I can't go into it in great deal", he said seven
years ago – was never seen as that unusual.
[Baca]
A fund manager who lost more than $1 billion of his clients' money to Bernard
Madoff has been discovered dead after committing suicide at his Manhattan
office.
Last Updated: 2:12AM GMT 24 Dec 2008
Rene-Thierry Magon de la Villehuchet was found sitting at his desk at about
8am with both wrists slashed, New York police spokesman Paul Browne said.
A box cutter was found on the floor along with a bottle of sleeping pills on
his desk. Police did not find a suicide note.
De la Villehuchet was one of several money managers and investors left reeling
in the wake of Mr Madoff's alleged $50 billion Ponzi scheme.
De la Villehuchet, 65, was a distinguished financier who came from a long line
of aristocratic Frenchmen, and he tapped his connections in the world of
European high society to attract clients to his firm, Access International
Advisors. It was not immediately clear how he knew Madoff or who his clients
were.
He grew increasingly subdued after the Madoff scandal broke, arousing
suspicion among janitors in his Madison Avenue office tower on Monday night
when he demanded that they be out by 7pm.
Less than 13 hours later, a security guard found him dead - a rubbish bin
placed near his body to apparently catch the blood, Mr Browne said.
His death came as other investors began looking for ways to recoup their
losses.
[Baca]
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Thursday, 04 December 2008 19:31
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A few days ago, our Prime Minister commented that the growth rates achieved
by our economy are indicative of clear skies ahead.
The credibility of a political leader and that of a
government is so critical a factor in creating confidence and stability that
careful and sound analysis must be provided on any major issues affecting the
wellbeing of the country.
It does not bode well for the ruling government if the
Prime Minister says one thing, one day and gives a different perspective
another day on the same issue and or his pronouncements are contradicted by
his cabinet colleagues and other members of his regime.
You be the judge.
Can there be clear skies when the STAR newspaper’s
headlines, December 4, 2008 blares out:
“EPF Income Down. World financial crisis hits investment
earnings. The Employment Provident Fund reported an unaudited investment
income of RM2.06 bil during the third quarter of this year. It was a 60.4%
decline compared with the previous quarter.”
Can there be clear skies when NST reported on December 4,
2008:
“PM warns of threat to energy supply.”
Can there be clear skies when the same NST reported:
“If projections are accurate, Malaysia could in fact
expect a total negative growth of 25 per cent for the next three years…”
The Deputy Prime Minister was reported to have said that:
“… declining figures were inevitable as the tourism
industry could not be insulated from the impact of the global adversities,
including the current economic crisis.”
Can there be clear skies when the same NST reported:
“Petroliam Nasional Bhd (Petronas) has cut production at
its petrochemical plant at Kertih, Terengganu, indefinitely due to lack of
demand as economic slowdown starts to bite.”
President and CEO, Tan Sri Hassan Merican was quoted as
saying:
“A lot of petrochemical facilities worldwide are being
shut down because of lack of demand. Kertih is no different from other
facilities in Singapore and worldwide. The first to get hit is always the
polymers and resins because these are very much consumer goods-driven.”
But in recent months, the Governor of Bank Negara and the
Ministry of Finance (then under the stalwart-ship of the Prime Minister)
arrogantly declared that our economy has de-coupled from the negative effects
of the global crisis. Our fundamentals are so strong and resilient that it
would be able to weather the storm.
Najib even made reference to the 1997 crisis and how it
affected the tourism industry which in that period recorded growth of 25%.
If these leaders were not in a state of denial in 2006 /
2007 and took pre-emptive measures, we could have easily addressed these
issues. But we are now resolving issues and problems as and when they
crop up.
I am glad to read in the NST that the Executive Director
of the Malaysian Institute of Economic Research has finally agreed that:
"We are about to experience the worst economic disaster
the world has witnessed since the end of World War 2. All indications suggest
that a perfect storm is in the making with all its manifestations, including
painful credit crunch, huge job losses, plummeting prices and currency
turmoil.
“The United States, European Union, Japan, Taiwan,
Singapore and New Zealand are in recession, and many more economies are on
the verge of recession.
“Attempts by some to downplay it as an ‘international’
rather than ‘global’ recession, on the premise that not all countries will
succumb to it, are naïve.”
Unfortunately, such a realisation is too late to do any
much good for Malaysia. The signs and symptoms were all there in 2006 / 2007,
specifically the 3rd quarter of 2007, but like the Badawi regime, MIER was
out of sync with reality until now.
Notwithstanding MIER’s conclusions, I would not be
surprised when political leaders from both sides of the divide continue to
mouth such rubbish as “clear skies”, “we will not have a recession in
Malaysia”, etc.
I am prepared for the crunch time. Are you?
Listen more to fairy tales and be wiped out for good!
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[Baca]
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Sunday, 07 December 2008 22:21
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Since August 2007, I have been analyzing the various measures adopted by the
US FED, the central banks of Europe and the Bank of England. I have also kept
track of almost every public statement made by Bernanke, Paulson, the
Governor of the Bank of England and the President of the ECB.
I am appalled by their failures to prescribe the painful
medication and surgery needed to treat the disease and the total intellectual
bankruptcy of their advisers – the Nobel Laureates in economics for not
owning up to their sordid role in releasing the most virulent financial bug
into the financial system. This bug has ravaged the entire system which has
been sustained in the last four decades by a drug addiction – the constant
use of fiat money.
Equally disappointing was the stupid statement from
Malaysia’s 2nd Finance Minister, following the bailout of distressed banks
and other financial institutions by the US and European central banks. He
boasted that the West was now doing what Malaysia had implemented during
the 1997 financial crisis. This idiot ought to realize that the US and
the European central banks were prescribing the wrong medication to the
patient.
Let me explain. In 1997, Malaysia and other ASEAN member
countries were attacked by hedge funds and speculators. Malaysia, to use an
analogy which Americans will understand, “circled the wagons”
to protect itself from the raiding financial predators. The global mass
media, controlled by the Money- Elites embarked on a massive campaign to
discredit Malaysia and the then Prime Minister, Dr. Mahathir Mohamad by
labeling Malaysia’s defensive strategies as “bailouts” and that
the country was protecting cronies!
What Malaysia did, which angered the global Money-Elites,
was to tell these predators that we will not allow them to acquire and
plunder our nation’s financial crown jewels at basement bargain prices.
Our actions were not “bailouts”.
Therefore, to equate Malaysia’s strategic policies to
defend our economy from being plundered with the current stupid
measures by the FED and the US Treasury shows that this idiot of a
finance minister (albeit, second in rank) did not understand Tun Dr. Mahathir
Mohamad’s policies and has inadvertently punctured the self-created myth that
he was in fact the architect of the policies.
Shame on him!
If I may use another analogy – a medical analogy, which I
hope this idiot as well as Bernanke, Paulson and other central bankers will
understand. I used this analogy in November 1997 when advising my clients.
Malaysia was “attacked and suffered major wounds – severed arteries.
This caused massive bleeding. Initially we could not identify which artery
was the most critical. But once we identified the same, we proceeded to
stopped the bleeding." Malaysia was bleeding financially, and
the exchange and capital controls were the main measures that stopped the
bleeding!
In the 1929 / 30s depression, the patient suffered a
massive stroke. Treatment for a stroke cannot be used for the present
crisis.
What we are witnessing now is that the global economy
(i.e. the body) has suffered multiple-organ failures – heart,
liver and kidney. The financial equivalents are as follows:
1) The Banking System Collapse (most of the banks are
bankrupt) – the insolvency of the financial giant, Citigroup is the microcosm
of the banking system.
2) Insurance Industry Gridlock – AIG is
the microcosm of the industry. Its collapse and the unraveling of the credit
default swaps (CDS) have caused havoc in the ratings and valuations of
assets.
3) The Hedge Funds Debacle – G.E. Capital, the financial
arm of General Electric, the pride of Jack Welch is the microcosm of the
industry. It is insolvent and is being guaranteed by the FED to the tune of
US$136 Billion.
What is the principal cause of this sudden
multiple-organ failure?
Simple!
It was the massive overdose of fiat money (the drug)
in the financial system compounded by the use of an infected syringe – the
infection being caused by the most virulent bug in the history of mankind –
the derivative casino.
Therefore, the cure must entail no less than a transplant
of the relevant organs. But before we do that, we must get rid of the bug
that has infected the entire body. For if we do not get rid of the bug, any
transplant of a healthy organ will be infected by the bug in no time!
First thing first! Get rid of the bug (shut down the
entire global derivative casino) then replace all the malfunctioning
financial organs – the FED, IMF, World Bank, hedge funds and the US dollar
reserve system – with new organs (new financial institutions).
To hammer home the point, I will use another analogy
(courtesy of a banker friend) one in which war mongers and Bush neo-cons will
understand – weapons of mass destruction (WMD).
Bush and his warlords went to war – invading Iraq and
Afghanistan in search of weapons of mass destruction, but found none. Not
surprising, because at all material times, the WMD was sitting right at home,
in the backyards of USA and “Great Britain”. What is this WMD – it is none
other than what Warren Buffet warned in his Annual Report to his shareholders
– the derivatives casino!
This WMD is more powerful and devastating than any nuclear
bomb invented by mad scientists.
This WMD was also invented by similar mad scientists – the
Nobel Laureates in economics who labeled their specialty “economics science”
and who together with unemployed physicists and discarded mathematicians
(there were plenty at the end of the Cold War) invented the various financial
models on volatility and the pricing of options etc. such as the
Black-Scholes, ARCH and GARCH models. These models, referred to as
“sophisticated financial engineering”, fueled the lust and greed of the
Money-Elites of Wall Street and Thread-Needle Street, the financial heart of
the City of London.
Obviously, we cannot be treating the patient from such a
WMD fallout as if it was suffering from nuclear radiation.
My friends and visitors to my website can vouched since
2006 that I have been more than confident in forecasting that a “global
financial tsunami” (a term which I first coined in 2005) would devastate the
entire global economy. I have repeatedly stated why the financial mess will
get worse because I was certain that the wrong medicine was being given to
the dying patient.
I have however resisted in offering the right medicine to
the dying patient for the simple reason that I wanted to see how the Nobel
Laureates in economics perform their magical skills. After all it was their
silly financial models on pricing and volatility and other exotic inventions
that were responsible in convincing the sophisticated gamblers of Wall Street
and other financial centers to throw caution to the wind and plunge head on
into the financial black-hole! They were so arrogant that they referred to
themselves as “Masters of the Universe”. This reminds me of the arrogance of
the builders of Titanic. They also boasted similarly that not even God could
sink the Titanic. On her maiden voyage, she was destroyed by a mere
iceberg!
Some of you may consider the above statement arrogant. I
offer no apologies. My simple rebuttal is this – if these Nobel
Laureates in economics are so clever in creating models that can forecast and
or track volatility in order to make billions at the derivative casino, how
come they cannot see the huge wave that became the global financial tsunami?
Nobel Laureate Myron Scholes who founded the hedge fund,
LTCM which collapsed disgracefully in 1998 was also the inventor of the Black-Scholes
model. His other financial toy, the hedge fund “Platinum Grove Asset
Management” declared insolvency in November 2008!
Even the Managing Director of the IMF recently admitted
that the financial devastation surprised him and that he was unprepared for
it! And these are the experts tasked with managing the global economy.
What about the gathering of the G-20 nations on November
15, 2008 in Washington? What wise pronouncements did they make and what
tangible solutions did they offer to the world?
Nothing but empty sound bites!
The same rubbish was offered at the APEC Summit. Our poor
Najib, the Deputy Prime Minister and Finance Minister (having been given the
poison chalice by Badawi) could only utter some nonsense that we must ensure free
trade and avoid protectionism as if that would be the cure all.
These high-level gatherings of political leaders and their
communiqués reflect their complete intellectual bankruptcy, as the leaders
were desperately trying to show that they are in control and providing the
necessary leadership. The Bush-Sarkosy–Brown pantomime was staged purely for
their respective domestic constituencies.
The numbers reported by the global mass media – the US$
trillions “pumped into the banking system” to cure the sickness (US$8.5
trillion thus far by the FED) – are so ridiculous that only an idiot would
believe that a bankrupt (USA) can have money to rescue itself and or to
rescue other bankrupts!
Like magic, monies were created out of thin air, by the
mere punching of digits of the keyboards into the FED computers:
1) $100 Billion to buy debts from Fannie Mae and
Freddie Mac;
2)
$500 Billion to buy the said agencies’ mortgage bonds;
3)
$200 Billion to guarantee securities-backed student, auto, small business and
credit-card loans;
4)
$25 Billion to capitalise Citigroup;
5)
$306 Billion in guarantees for Citigroup’s toxic assets;
6)
$30 Billion more to salvage AIG;
7)
$700 Billion bailout monies approved by Congress; and
8)
$Billions more in the pipeline!
Can bankrupts guarantee the debts of other
bankrupts? This is exactly what the con-artist Paulson of the US
Treasury is doing in collusion with Bernanke at the FED.
This is so stupid and yet we read every day in the global
mass media and financial dailies that Bernanke and Paulson have the solutions!
Their solutions are mere digits and toilet papers!
Why is it so difficult to understand simple truths? One
need not have a PhD to see through the con-game. I like to call such experts
with such academic titles as “phoney donkeys” and the lesser MBAs and MScs as
“Master Bullshit Artists” and “Master Screwed-Ups”.
Thus far, we have witnessed nothing but the game of
financial musical chairs.
Big Bankrupt A has a unique printing machine that prints
proprietary toilet papers and passes them off as money and denominated in the
US$ Billions. Big Bankrupt A then lends them to fellow bankrupts such a
bankrupt B, C and D (financial institutions). Notwithstanding the massive
loans of toilet papers / digits, Bankrupt B, C and D could not liquidate all
their debts as their liabilities are in the US$ Trillions.
To hoodwink the naïve creditors, Bankrupt B, C and D
entered into a conspiracy to exchange their useless “assets” i.e. CDOs,
Synthetic CDOs, CLOs, CDS, ABCPs (worthless papers) for more toilet papers from
Big Bankrupt A via schemes such as TARP (Troubled Assets Relief Program) and
TALF (Term Asset-Backed Securities Loan Facility) to pay off the mounting
debts.
When ten-year old kids are smart enough to refuse dud
notes in payment for errands, it is utter stupidity for central banks in
Asia, the Middle-East and Latin America to partake in this con-game and
accept duds as full payment for the debts of bankrupt A, B, C and D.
Sooner or later even these fools at the central banks of
Asia and Middle East will have to pause and think through whether it is to
their advantage to continue playing fake money musical chairs with the FED
and US Treasury.
To sum up, when the patient was put into intensive care
because of a massive overdose of drug, is giving more of the same drug the
right treatment and or medication?
At the present moment, we can see that as a result of the
multi-organ failure, toxic wastes in the system cannot be processed and
discharged. For assholes, who at this point in time still do not understand
or continue to deny the severity of the situation, just imagine that you
cannot empty your bowels and this condition has been going for months. How do
you think your body will react?
If the good doctor cannot drain the waste out of your
body, you will surely die! This is no brainer. The entire global financial
system is filled with toxic wastes (the CDOs, CLOs, CDS etc.) up to its
eyebrows and the system is screaming - “Get this bloody shit out of me,
for God’s sake!” And like the typical doctors who habitually
misdiagnose the sickness and refuse to admit their gross negligence, the
political leaders refuse to act, for to do so would be an open admission of
their negligence and expose them to legal action or worst, criminal
prosecution and imprisonment.
Yet, our stupid Governor of Bank Negara tells the world
that the situation in Malaysia is under control. And this has been echoed by
the Prime Minister and his deputy. It was only just recently that they are
recognizing the severity of the crisis and that timely actions need to be
taken to rectify the situation. But their viewpoint is still that of a normal
business-cycle crisis – the boom and bust type every ten years or so.
Even then our leaders do not have any ideas as to how to
resolve the problem other than saying, “we will stimulate the economy,
increase consumption and ease interest rates”.
Let me say it here and now. These are not the solutions.
These are the wrong treatment and medication.
These are not the solutions, because these idiots have not
understood and appreciated the financial consequences to Malaysia of the
financial multi-organ failures of the US-UK dominated global financial
system.
It is beyond their intellectual capabilities to think out
of the box. The most that they are contemplating is that maybe, just maybe
Malaysia will suffer a mild recession. This has been the public
pronouncements of the Prime Minister, his deputy, the 2nd Finance Minister
and the Bank Negara Governor.
The captains of industry and the so-called corporate
leaders are similarly out of tune and they are still planning how to milk the
money-machine to their advantage when Najib takes over as Prime Minister in
March 2009.
Come March 2009, it will be too late to put in place the
necessary measures to protect key industries and or to prevent massive
disruptions to the economy.
This is getting ridiculous as even the leading financial
commentators have now conceded that the crisis will be the worst ever in
modern history, worst than the great depression. But we have idiots in
Malaysia talking about recession.
I have warned Malaysia and visitors to my website of the
crisis since 2006. No one took notice. And we have the solutions. But
these solutions cannot be implemented unless and until certain conditions are
in place.
The following pre-requisites are essential and critical if
Malaysia is to succeed in overcoming the crisis. They are as follows:
1)
The Trinity of Power is completely out of power and has retired overseas;
2)
The 4th Floor Boys at the Prime Minister’s office are declared persona
non-grata;
3)
The Governor of Bank Negara resigns;
4)
The 2nd Finance Minister resigns;
5)
The members of Ethos Consultancy are removed from any role in future decision
making of any new administration;
6)
Tun Dr. Mahathir Mohamad is invited to play a decisive role in any future
administration.
By all means accuse me of being arrogant and conceited in
demanding the above conditions. Seriously, do you really think that the
Badawi regime can be trusted to solve the crisis? Please tell me who in this
country have been warning repeatedly since 2006 of this global crisis?
Badawi was sleeping. And everyone in his regime was
infected with the sleep disease, even the government and private think tanks.
There were no exceptions.
Pose this question to yourself and your family: If one of
your family - your wife, husband, child, brother or sister is seriously ill
and needs to be admitted to intensive care, but the doctors, all of them on
duty at the hospital and even the consultants have been assuring you for over
two years that all is well and that the normal treatment and medication
(whatever that means) will be sufficient, what will you do when another
doctor having studied the symptoms have repeatedly told you that it is organ
failure and this has been confirmed by other doctors as well?
Would you:
1) Still trust the care and the recovery of the
patient to these idiotic doctors?
2)
Engage the doctor who correctly diagnosed the illness to treat the patient?
3)
Transfer the patient to another hospital?
4)
Want to waste more money, paying for hospital fees when the patient is not
getting the right treatment?
5)
Think that the doctor who was correct in his diagnosis would want to treat a
patient if he or she has to submit to the authority of these idiotic doctors?
6)
Procrastinate, if the window of opportunity to take effective steps is a mere
three months or less, failing which the patient will die?
I am now going to share with you one of the consequences
arising from the financial multi-organ failure, as this alone is sufficient
to devastate our entire economy.
It is this: our foreign reserves will be vaporized and if
we are lucky, whatever reserves remaining may fetch 50% or less of its
original value. This will happen when the dollar collapses in 2009 at the
earliest or early 2010 at the latest!
How will such an event impact on our economy? Have we
stress-tested such a scenario?
There are other scenarios equally devastating, all of
which will take place. These idiots cannot even imagine such a scenario,
because they are too steeped in the Washington Consensus and brainwashed by
the economics of the Chicago School and of late the nonsense of the Nobel
Laureates like Myron Scholes, Robert Merton and those economists who consider
themselves “Master of the Universe”.
You may think this is just too far fetched. Fine by me! I
have done my research. Do yours now, before you condemn me as a conspiracy
theorist. I have been proven right so far. What has been your track record?
If you have been sleeping just like Badawi and his entourage, I hope you will
wake up in time. They have thus far screwed up big time.
You have to make a choice – just like any parent whose
child is critically ill and is about to die. You bear the ultimate
responsibility for his / her life or death. And as a citizen, the same
responsibility lies with you to determine the life or death of your country.
Join me in demanding the above six conditions to be
effected immediately by the Barisan Nasional government. Time is of the
essence!
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[Baca]
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Wednesday, 10 December 2008 09:09
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Way back in 2007 when I declared that the global banks were all bankrupt,
many sniggered and laughed.
They are not laughing anymore.
Way bank in 2007, I advised many friends to dump the
British £ and I got some wise cracks that the pound is one of the strongest
currency. It has plunged!
There are no more wise cracks.
Way back in 2007, I said that the crisis is a systemic
crisis – the entire global financial system is screwed-up big time, people
cursed and called me a doomsayer and a conspiracy theorist.
US$8.5 Trillion has been pumped into the system and still
we are having a crisis.
There are no more name calling.
So why is it so hard to comprehend the economic fact that
a country, any country for that matter, can go into default, even the mighty
USA?
In 1971, when President Nixon on the advice of Paul Volker
(who later became the FED Chairman) took the dollar off the Gold Standard,
was not the decision, a major default?
The dollar was redeemable in gold and this was the
foundation of the then global financial system – the lynch-pin of the Bretton
Woods system.
The US ran out of Gold when its wealth was drained by the
humiliating Vietnam War and other misadventures. The US refused to honour its
sovereign obligations. The US defaulted! The US was bankrupt!
There is another precedent in history. This was when
“Mother England” went off the gold standard when her empire collapsed after
ruinous wars. The mighty Great Britain defaulted! “Mother England” was
bankrupt!
Defaults by nations take various forms, and when they do
default, the consequences are usually ugly and global.
In the private micro-sector of finance, investors hedge
defaults by bond issuers by buying a kind of insurance called Credit
Default Swaps (CDS) which have been mutated into another method of
gambling. I will write more of that later, and in another article in due
course.
The point I am making is that people buy insurance to
avoid a negative outcome which will impact on their investments and or
revenues.
The premium or the cost for buying such protection is
calculated on the basis of how many basis points per $ Ten million for
5 years.
Hence, if your bonds are rated AAA and therefore credit
worthy, the risk of default is low and the cost may be 1 basis point and a
basis point is valued at $1,000.
This is translated in money terms as follows:
1 basis point = $1,000 for every $ Ten million for 5
years.
So when a country issues bonds to global investors, there
is always what we call a “sovereign risk of default”.
Risks such as political instability (frequent coups),
financial mismanagement, high levels of corruption, hyper-inflation,
worthless currency etc. are factors which will determine the cost of the
insurance / CDS. Banana republics pose the highest risks.
The method for calculating the cost of insuring a default
by a nation is the same.
Therefore, when the cost of buying a CDS for any country
goes up, it is a sure indication that these countries are in very deep shit.
Higher risks are translated to higher costs!
You should now be prepared to shit in your pants if you
have high exposures to US and UK government bonds or other assets denominated
in these currencies.
I am not here to argue with anyone whether or when the US
or the UK will default.
Just study the numbers below and make your own
conclusions.
The price of CDSs has risen for all major economies (i.e.
the Western economies).
The fact that a country is part of the Euro zone is no
comfort. Italy has the highest CDS price because its debt to GDP is now at
103 per cent.
But what is more shocking and not many has got this fact
in their radars is that the price for “Mother England” CDS (colonial subjects
were previously compelled to refer to UK as such) has risen the fastest.
The price of insuring £10million of UK debt against
default over five years has risen from £8,000 last February to £60,000 in
the middle of November and has now reached the unbelievable £110,000.
Just imagine that you are a fund manager and you have
invested billions. The cost will eat right into whatever profit expectations
that you may have.
Do you want a CDS or not?
Ouch!!!!!!!!!!!!!!!!
This is not a conspiracy theory. This is not Matthias
Chang’s forecast of doom.
This is the market pricing the risks! So all you free market pundits, stop your bloody name
calling and arrogance and wake up. The market has spoken.
“Mother England” has defaulted before and will do so
again.
The US has defaulted before and will do so again.
What is uncertain is the nature of the default. As I have
stated earlier, it can come in various ways and forms. When the default
comes, it will be very, very ugly and painful. This is a given.
Massive devaluation is one.
I conclude with this financial gem – a real food for
thought.
Sir Samuel Brittain (please Google him, if you have not
heard of him) wrote in the Financial Times as to how “Mother England” would
pay her debts:
“Where will the money come from? The short answer is: the
Bank of England printing works in Debden. This is not just a debating reply.
In a paper currency system, there is no fixed pot of money, but a total
influenced by human action.”
Uncle Sam, armed to the teeth is doing the same. Creating
digits and toilet papers!
Even if they keep on printing, I don’t believe that there
will be sufficient toilet papers to wipe the shit off the arses of those who
still remain in a state of denial, especially those idiots in the Badawi
regime.
I don’t have a crystal ball and unlike the Nobel Laureates
who arrogate themselves the title “Master of the Universe” and have
“financial models” to forecast odds and pricings and the future, but could
not even see the coming waves of the Tsunami, all that I can bring to you,
visitors to my website, are some hard facts and admissions by those in the
know.
You are forewarned!
|
[Baca]
|
Friday, 19 December 2008 14:29
|
|
“As more loans are repaid, there is
less need for dollars …”
I
want readers to read the above quote a few times and really ponder on the
implications of the statement made by Robert Sinche, the head of global
currency strategy at Bank of America in New York, the third-largest U.S.
bank.
Does
it make sense to you?
I
ask this question because it was only a few months ago, that we were told
that banks’ capital base have been depleted to bare bones, that they are all
bankrupt, totally bankrupt.
The
various assets which they have acquired (the toxic wastes of CDOs etc.) are
all junk and fetch at the most ten cents on the dollar. A big chunk have been
unloaded onto the FED in exchange for quickie loans under the TARP program.
The
banks’ problems have been further compounded when hedge funds and other
investors who have leveraged up to 30 times and or borrowed to the hilt have
all busted and the securities (CDOs, Mortgage-Backed Securities etc.) have
been valued as junk! They have therefore defaulted and the securities pledged
to the banks cannot even be sold to reduce the exposures of the bank.
Therefore,
these defaulting parties are in no position to borrow elsewhere to repay the
outstanding loans. They don’t even have assets to pledge to the bank for
further loans. They are dead meat!
Now
we have also been told that inter-bank lending has also come to almost a
complete halt because banks have no confidence that any security offered by
banks who need short-term loans (overnight etc.) are of any value. This is
because most banks are up to their eyeballs in toxic wastes. They have been
selling to each other and to global investors a whole load of shit.
Such
desperate banks cannot borrow in the inter-bank market.
Then,
the FED stepped in and offered a variety of loans, but the banks having
received such bailouts have said that they will not be lending for reasons
stated above. They are hoarding the new injected funds.
So
we have a situation where borrowers cannot borrow and lenders cannot
lend.
So
how did Robert Sinche of Bank of America (a bankrupt bank) come to the
conclusion that, “as more loans are repaid, there is less need for
dollars”, when in fact loans are not being repaid. Hence, we have
massive foreclosures, bankruptcies of financial institutions such as Bear
Stearns, Lehman Bros, Merrill Lynch, AIG and other insurance companies, and
the hedge funds.
Is
this not perverse logic?
If
loans are being repaid, banks will be flushed with monies, why is there a
need to hoard monies and to cease lending?
Is
this not perverse logic?
If
home values are not inflated and other assets are “clean” (i.e. not toxic or
junk), why are banks refusing such assets as security for further loans?
Is
this not perverse logic?
If
financial institutions are sound and flushed with cash because of loan
repayments, why is there a need to artificially stimulate lending by reducing
FED rates to almost zero?
Is
this not perverse logic?
If
loans are repaid, thereby reducing liabilities in the balance sheet, why is
there a need for massive injection to recapitalize the banks?
Is
this not perverse logic?
When
loans are repaid, it follows there will be liquidity within the banking
system. So why is there a need for the massive $8.5 trillion injection by the
FED thus far into the system?
Is
this not perverse logic?
When
loans are being repaid, the banks should be in a healthy state and therefore,
the currency that supports the Ponzi scheme should strengthen naturally and
not artificially strengthened by manipulation in the last few months.
Is
this not perverse logic?
THEREFORE
THE DOLLAR SHOULD NOT WEAKEN BUT CONTINUE TO STRENGTHEN IF AS ALLEGED MORE
AND MORE LOANS ARE BEING REPAID!
The
statements by the Bank of America’s analyst and other so-called experts and
economists are nothing but a smokescreen to hide the truth from the people.
The
entire global banking system is in a mess. Most Western banking institutions
are bankrupt. Their exposures are in the trillions and whatever loans that
have been repaid (if any) will not reduce the exposures.
The
so-called trillions are all mere digits in the banks’ computers. They are
fools’ money.
And
as for the US dollar, the paper itself has more value than the numerals
printed on it, be it the $1 bill or the $100 bill.
The
recent strengthening of the dollar was another con-game perpetrated by
Bernanke and Paulson on instructions from the masters of the Shadow
Money-Lending system.
And
the idiotic rationale for the strengthening of the dollar was allegedly the
flight to safety by investors as a result of the collapse of the derivative
financial products.
Is
this not perverse logic?
The
house is burning. The dollar is worthless, mere toilet papers! Real estate
has dived and continues to descend to lower depths. These are all dollar
assets.
If
the dollar is toilet paper and assets are denominated in dollars, what you
are having is a load of shit.
So
why would anyone want to dump or exchange Euros, Yens, Russian Rubles,
Chinese Yuan and most importantly GOLD for a load of shit?
This
type of reasoning IS to camouflage the manipulation of the dollar and the
forced depression of the gold price so as to prevent a flight from the dollar
and all other fiat currencies to GOLD.
This
so-called flight to safety to the dollar is a conspiracy hatched by all the
global central banks (since they all belong to the fiat money club) to
prevent the total collapse of the fiat money system, which according to the
Bretton Woods I system (1948) and Bretton Woods II system (1971 when dollar
went off the Gold Standard), the US dollar is the main pillar.
If
the main pillar collapses, all other fiat money would follow suit.
The
present gyrations of currencies, sometimes up and sometimes down are
controlled manipulations.
The
ultimate aim is to prevent the total collapse of the fiat money system and
the flight to Gold.
The
present weakening of the dollar is a reflection that such schemes are not
sustainable because human nature will intervene to disrupt this grand plan.
Sooner or later, those billionaires and money launderers (drug kingpins) will
realize that with each passing day, their wealth is going up in smoke and
that ultimately the only insurance and or security for their ill-gotten
wealth is GOLD.
Then,
the real fun starts.
As
I have said in my previous two articles, this is the final trillion dollar
gamble. The Shadow Money-Lenders will fail and their grand design will be but
a fantasy.
|
[Baca]
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Wednesday, 17 December 2008 19:50
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|
It Is So Stupid To Borrow US Toilet Papers For Trade Finance.
There Can Be Only A Credit Crunch For Dollars If You Are
Stupid Enough To Want To Be Paid And To Pay In Dollars.
Otherwise, There Is Only An Illusion Of A Global Credit
Crunch.
This Is The Global Con Game By Bernanke & Paulson.
It may have made some sense, post-World War II to
dollarise international trade when the so-called “Free World” was supposedly
threatened by the “Communist Bloc” and the Imperial United States was
offering “protection” in exchange for financial dominance.
The imperial design for financial dominance was the
Bretton Woods dollar reserve currency scheme.
Since those days, the US has been abusing its financial
power by the use of its greatest invention, the “toilet paper printing press”
(now, the modern “electronic printing press”) to issue irredeemable fiat
money.
Now the world is flooded with trillions of this toilet
paper.
The US Superpower is at the very precipice of the abyss
and a wrong move will plunge it into the black-hole of financial Armageddon.
The world will not face Armageddon, only the US. The rest of the world will
suffer pain, deservedly so, for being so stupid in believing in the use of
toilet papers as money!
To avoid this catastrophe, Ben Bernanke and Paulson as
directed by their Shadow Money-Lender masters have devised an insidious
scheme. The ultimate con-game!
Basically, what they have done is to try to turn a
weakness into perceived strength.
Let me explain.
Countries have been so used to trading in dollars that
they cannot think otherwise. They continue to borrow dollars to finance their
imports. Their corporations continue to borrow dollars to finance their
business expansion. It is as if the world is addicted to dollars, as a drug
addict is addicted to cocaine and or crack!
The world has been brainwashed into thinking that without
the US toilet paper, their global economy would come to a grinding
halt.
How bloody stupid!
Yet this is exactly the state of mind of governments and
central banks all over the world. The most idiotic is China. But fortunately,
they have other strengths which will see them through this painful period.
Taking advantage of this temporary idiotic global mindset,
the Fed and the US Treasury has deliberately triggered a credit crunch
for US toilet papers. The major global banks are hoarding the toilet
papers and with-holding cross-border financing of every kind.
There is an ocean of toilet paper (literally in the
trillions) but there is now created, a deliberate shortage of these very same
toilet papers.
But where is the money? There is no money. It is an
illusion, stupid!
What a ridiculous contradiction. But that is the present reality. The Fed has stated that
they will pump US$8.5 trillion to resolve the crisis! You got to give credit
where credit is due. This is indeed a brilliant con-game and the whole world
has fallen for it hook, line and sinker – almost the whole world! I refuse to
accept this state of affairs.
Yet, the Nobel Laureates in economics have missed this
stark reality by a thousand miles and are coming up with all kind of theories
for the present global credit crunch of US toilet paper. Alternatively, it
may be that as paid-scribes, they have been directed to spew economic
nonsense to confuse other economists.
How was this illusion set up?
This happened when all of a sudden, and in total
connivance, Brazil, Mexico, South Korea and Singapore got into the act by
entering into swap facilities with the FED, each requesting a hefty US$35
Billion to “overcome their liquidity problems.” These countries could
not get enough toilet papers! Wow!
Even the great magician Houdini would not have come up
with this grand illusion of shortage in currency when there is an ocean of
funny money. But it is an illusion and a stupid one at that.
So now, Bernanke and Paulson is advertising to the whole
world, that they are prepared to do anything and use all financial
weapons, including financial nuclear weapons to defeat the crisis.
For those countries that are short of toilet papers, the
US will be the global guarantor and will be willing to lend trillions of
toilet papers to help them weather the financial crisis and the credit
crunch. How generous of the FED and the US Treasury. But there is a
catch.
The catch being – countries must continue to use the
worthless toilet papers in global trade.
In one masterful stroke, the US has created an artificial
demand for dollars thereby rescuing in the short term the plunging value of
the dollar.
Since the global banks are not willing to lend and are
insolvent, the mighty FED, the nasty and abhorrent creation of the global
Shadow Money-Lenders, will be the lender of last resort to the whole world.
It will be business as usual. That is what they hope. This is their final
gambit. The last magic show!
And as I have written earlier, this is the OBAMA’s GAMBLE!
Countries need not trade in dollars, as after all, they
are not even BUYING “MADE IN AMERICA GOODS”. AMERICA IS A NET IMPORTER,
NOT EXPORTER.
So assholes central banks of the world, especially the
third world, and the emerging powers of China and Russia, you have no need
for toilet papers when you sell your national products to countries other
than the US.
And in so far as U.S. is concerned, why are you demanding
to be paid in toilet papers? Why are you not demanding payment in your own
currency?
China and Russia is really so stupid at the present
moment. It makes me want to throw up a vomit. They hold trillions of dollars
but acting as if they are at the mercy of the US, fearing that if they do
anything untoward to the dollar there will be a massive slump in the value of
the dollar.
But that is a given in any event. So why play a game that
has been rigged in the favour of the global Shadow Money-Lenders.
There is no reason why Russia and China should be in a
recession or having slower growth. They are suffering from the present
so-called credit crunch because they continue to manage their economies in
dollar terms and in a dollar mindset.
Bloody stupid!
The US is playing suicide poker and calling one last card.
They have nothing on the table but toilet paper.
The US will collapse in a minute, if not sooner if China
and Russia were to categorically call the US’s bluff and say:
1) Close down the derivative casino
now!
2) Buy back all the toxic wastes which
you have unloaded on the unsuspecting global economies with currencies of our
choice!
3) Since the US is in debt, the US must
now borrow in the currencies of our choice to repay past debts and new loans!
Failure to comply will result in a credit crunch to US
banks and companies. US can continue to use domestically their worthless
toilet papers (to wipe the shit off the ceiling fans, if there are any left
hanging from the ceilings) but there will be no more credit in toilet papers.
Period. There will be loans only in other currencies.
This is the checkmate, stupid.
So China and Russia should wake up and do what is
necessary to save their economies as well as the global economy or their
economies will end up in the shit hole as they are now playing the US / UK
rigged game.
I am not surprised at the present state of mind of Chinese
and Russian bankers. They have sent some of their best brains to be trained
in Harvard etc., and by the fraudsters in Goldman Sachs, JP Morgan Chase,
Merrill Lynch, Citigroup etc. They have all been infected with the Ponzi disease
and as such cannot think otherwise. Otherwise, how do you explain their
mental paralysis?
This is a simple financial puzzle.
There is no credit crunch. There is only a false or an
illusion of credit crunch for US toilet papers.
Once there is no demand for dollars, there will be no
credit crunch for dollars. The Shadow Money-Lenders con-game will be exposed
for what it is – a giant fraud. Not unlike that of Bernard Madoff, only a
thousand times more insidious and toxic.
I hope that I have made myself absolutely clear to the
financial officials in Russia and China.
If China and Russia and the third world continue to stand
pat, these economies deserve to be in the dog house.
Bernanke and Paulson are going to destroy the US and the
global economy so as to fulfil the grand design of the Shadow Money-Lenders.
Stop them before it is too late.
The Count-down has started!
|
[Baca]
Recently, I wrote:
1.
“Wrong Medicine & Treatment For A Dying Patient” – 07.12.08
2.
“The Unbelievable Has Happened” – 09.12.08
3.
“Obama’s Gamble –The Ultimate & Final Bet …” – 12.12.08
These
articles have been posted to my website in the Folder: “Breaking News” and
I hope that it has prepared you and your family for the inevitable global
breakdown commencing first quarter 2009.
In
my last article of the above series I drew your attention that the global
banks are up to no good, even though they are all bankrupt, and are intent on
unleashing further devastation.
Yet,
I have received messages arguing that they cannot be bankrupt as they have
received billions in new capital. My answer to these challenges is simple –
please read at least five times all my articles for I have repeatedly stated
that these fraudulent banks’ liabilities are in the trillions, not
billions. Therefore, additional injection of capital in the billions and the
hoarding of the same do not alter the status quo of these banks. They are all
bankrupt.
If anyone needed further confirmation, please read the
latest by Reuters which reported on December 11, 2008 that Jim Rogers
speaking at the Reuters Investment Outlook 2009 Summit has stated
categorically: “Most of the significant American banks, the larger
banks, are bankrupt, totally bankrupt.”
And bear in mind who is Jim Rogers – he was the co-founder
with George Soros of the Quantum Fund and is one of the world’s most
influential investors.
Echoing my sentiments, Jim Rogers even said that the US government
is barking up the wrong tree and providing the wrong solutions.
He said: “Governments are making mistakes … They’re
saying to the banks, you don’t have to tell us your situation. You can
continue to use your balance sheet that is phony … All these guys are
bankrupt, they’re still worrying about their bonuses, they’re still trying to
pay their dividends and the whole system is weakened.”
He continued his sharp criticisms and observed: “What
is outrageous economically and is outrageous morally is that normally in
times like this, people who are competent and who saw it coming and who kept
their powder dry go and take over the assets from the incompetent. What’s
happening this time is that the government is taking the assets from the
competent people and giving them to the incompetent people and saying, now
you can compete with the competent people. It is horrible economics.”
Following my very successful November 19, 2008 Forum at
the Kuala Lumpur Mandarin Hotel, “A Strategy Forum With Matthias Chang
– Will Your Company Survive The Global Financial Tsunami?”, I have
noticed that there have been some conferences and seminars organized by
‘event managers’ exploiting the situation to make a quick buck, but failing
miserably to address the fundamental causes of the present crisis.
Another recent event had a Nobel Laureate explaining the
causes of volatility of markets. Do we need a Nobel Laureate to tell us how
gamblers behave? When these experts till to-date cannot even create
mathematical models to forecast the winner of a ten horse race at the turf
club or to break the bank at any one of the Las Vegas casinos, what use are
their models other than to con gullible investors? In fact, the present
crisis has exposed the flaws and fallacies of such financial models,
specifically their ability to forecast volatility, determine appropriate
pricing of financial products and risks etc. The ARCH model which secured the
Nobel Prize for this economist is now totally discredited!
Yet, he has the audacity to lecture us on volatility. But
it is so typical of Malaysians who are always in awe of “experts” with titles
and alphabets behind their names, and to listen and heed their advice on
crisis management when the house is already on fire.
The organizers, whoever they may be, seem unable to think
independently and or see through the con-games structured by such economists!
All they need to do was to Google “ARCH” and they would have known in an
instant that it was used by investment bankers and hedge funds to gamble on
the derivatives casino! Adding insult to injury, the event was organized to
promote peace. How can there be peace, when such economists use their
expertise to assist Wall Street gamblers to impoverish further the global
economy where more than a billion people are surviving on less than a $1 a
day, and now even less!
Be that as it may, the point that I want to stress here is
that the “financial engineering” invented by Wall Street fat cats and
fraudsters has brought the global economy to its knees!
I am most fortunate to come across a few days ago, the
frank admission by one of the most admired mouthpiece of the global
money-elite, that the consequences of the collapse of the US-based financial
system will be dire and prolong. I refer to Mr. Neill Ferguson, touted as one
of Britain’s most renowned historian. He is also the Laurence A Tisch
Professor of History at Harvard University, a Senior Research Fellow of Jesus
College, Oxford University, and a Senior Fellow of the Hoover Institution,
Stanford University.
In his latest book, “The Ascent of Money”,
he wrote:
“All of this may seem arcane to some readers. Yet the
ratio of a bank’s capital to its assets, technical though it may sound, is of
more than merely academic interest. After all, a ‘great contraction’ in the
US banking system has convincingly been blamed for the outbreak and course of
the Great Depression between 1929 and 1933, the worst economic disaster in
modern history. If US banks have lost significantly more than the $255
billion to which they have so far admitted as a result of the subprime
mortgage crisis and credit crunch, there is a real danger that a much larger
– perhaps tenfold larger – contraction in credit may be necessary to shrink
the banks’ balance sheets in proportion to the decline in their capital. If
the shadow banking system of securitized debt and off-balance sheet
institutions is to be swept away completely by this crisis, the contraction
could be still more severe.”
Please read the underlined words again.
Recall that my 3rd Volume of the Future Fast-Forward
Trilogy is entitled “The Shadow Money-Lenders and the Global
Financial Tsunami” and it was the first in Malaysia to expose the
off-balance sheet toxic assets that have now infected the entire global
economy.
If the next quote from this historian does not make you
throw up a vomit, and put you in fear, you are not human. I quote:
“It is not too much to say that in mid-2008 we witnessed
the inflationary symptoms of a world war without the war itself.”
Ponder on this in the next few days BEFORE
you decide to make the next investment decision. It would be your very last
one, and it would be a toss between survival and utter bankruptcy. And the
worst is yet to come!
The coming months will witness bloody battles on all
fronts between the global money-elites and their allies in central banks (who
have been brainwashed to do their bidding) and the heroic frontlines of the
emerging Global Counter-Alliance.
There are only a few moves left on the chess board.
The global money-elite is counting on one final move to
checkmate the global economy and to seize the long awaited goal for total
control of the world’s riches.
The emerging Global Counter-Alliance has at least three
remaining moves to block, counter and checkmate the financial terrorists.
In my previous article, “Obama’s Gamble” I
warned that the Shadow Money-Lenders will unleash a ferocious attack using
the Trillions which they have hoarded from the bailouts structured by the FED
and the US Treasury under the control of Paulson. This is a huge gamble, a
bet never played before by any global gambler.
But this bet has been long in the planning, as the Shadow
Money-Lenders were aware of the impending crisis. Alan Greenspan had served
his purpose, and there was an urgent need for a replacement, one who would be
willing to make an unprecedented $Trillion bet on one last throw of the dice!
Ben Bernanke was the money-elites’ first and only choice.
And they trained and monitored him for four years before allowing him to take
over the reins of the FED from Alan Greenspan.
Why?
It is because Ben Bernanke was the only one who dared to
offer to play this US$ Trillion bet on one roll of the dice. It requires
nerves of steel and a unique kind of hubris to make such a play. Bernanke fit
the profile of such a gambler, when he said in a speech in November 21, 2002:
“US dollars have value only to the extent that they are
strictly limited in supply. But the US government has a technology called the
printing press (or today, its electronic equivalent), that allows it to
produce as many US dollars as it wishes at essentially no cost. By
increasing the number of US dollars in circulation, or even by credibly
threatening to do so, the US government can also reduce the value of a dollar
in terms of goods and services, which is equivalent to raising the prices in
dollars of those goods and services. We conclude that, under a paper-money
system, a determined government can always generate higher spending and hence
positive inflation.”
Should we be surprised that Ben Bernanke is now
caricatured as “Helicopter Ben”? Since 2007, Bernanke has dropped over $8.5
trillion from his helicopter to bailout the Wall Street fat cats. And now
these global banks are hoarding the money to launch an unprecedented attack
on global markets to secure total control. This is an all or nothing “suicide
poker” bet. Forget about the FED and the Treasury rescuing the real economy.
Bernanke and his masters are focused on the trillions up for grabs in the
shadow financial system – pure lust and greed for toilet paper money.
But Bernanke and his Masters will not succeed.
The danger confronting the world will be after they have
lost on the US$ trillion bet. These financial terrorists will be incensed and
they will want vengeance.
So we must be realistic in our efforts to thwart the evil
schemes of the global money-elites. Even in defeat in the financial
battlefield, they will not surrender and will instead mobilize their
hard-power to retain power.
It is therefore a given, that they will unleash domestic
violence to justify military rule and to launch new wars to suppress any
potential challengers to their dominance, even if it is over toilet paper
money. They cannot, knowing their mindset, accept the reality of the historic
demise of paper money.
2009 will be the beginning of another historic 30-year
war. But this time, it will not be confined to Europe, though it will start
in Europe, but will engulf the whole world.
Obama, the “change agent” of the global money-elite, will
be facilitating change, but the change will be to one of permanent wars, at
least for the next 30 years. All his appointees thus far are the recycled
products of the War Party who has dominated world politics for the last fifty
years.
Consider the following:
1. Robert Gates, Defense Secretary, a
left over from Bush I and Bush II. Is that change?
2.
Rtd Marine General Jones, National Security Adviser and formerly Supreme
Commander, NATO. Is that change?
3.
Hillary Clinton, Secretary of State who wants to wage war on Iran and
supported the invasion of Iraq. Is that change?
4.
John Brennan, CIA Chief, a key player in “Extraordinary Rendition” – the
kidnapping of suspects to be tortured. Is that change?
This is just for starters!
Prepare for wars, more deadly wars!
[Baca]
|
A few weeks ago, I warned in my website that the Dow would dive below 7,000 at
the earliest by end of December 2008 and at the latest
by the end of the first quarter 2009.
Any
responsible central bankers would want to control a downturn, preferably by a
gradual slide of the market as opposed to a sharp hard landing.
But
events and data have revealed that these financial bastards are not
responsible and are hard core gamblers to their very soul.
Their
mindset is that of the ultimate gambler and nothing in this world will change
their behaviour not even the thought that billions will starve and die and
economies shattered. They don’t give a damn! And anyone still having
illusions about their altruistic aims will be disappointed.
The
stock market and the derivative market is their ultimate casino. Fix this in
your mind in the months to come. Then you will understand and agree with me
and my conclusions in the next few paragraphs.
To
Be Masters of the Universe
The
present global financial tsunami has given the 12 elite global gamblers
and 2 maybe 3 central banks the opportunity of a
millennium to confiscate un-imaginable wealth and power and to reign supreme
over the entire planet, bestowing the title upon themselves as the real
Masters of the Universe.
Since
the massive injection of trillions into the major global banks by the FED,
Bank of England and to a lesser degree the ECB, many financial commentators
and economists of all hues have been lamenting that the banks are not lending
as per the aims of the “rescue package” but are instead hoarding the monies.
Various reasons and excuses have been made to justify this massive hoarding,
unheard in the history of banking.
I
will now reveal the real and hidden reason for this hoarding.
It
is this. Bernanke and Paulson has been directed by the controllers of the Shadow
Money-Lenders that it is time to make the ultimate bet on the global
casino – the playing of the $Trillion dollar chips.
This
gambit is risky but they have been assured by the “financial models” created by
economists, the Nobel Laureates such as Myron Scholes etc. that they will win
hands down!
Should
the bet misfire, be assured also that the world will enter the dark ages for
years to come. But the 12 chosen elite gamblers have been primed and are
ready for the ultimate gamble and they are not concerned about our welfare.
$8.5
Trillion no less is the pot of money that they can throw at the casino table,
maybe more. This sum is over half the GDP of the US which has been estimated
at US$13 Trillion. The global GDP is approximately US$60 Trillion.
There
is no entity in the world that has the means and the control of the casino to
match their betting power. So these elite gamblers are determined and more
than confident that they will win and win big.
This
is because their mindset is that of a gambler and that the world is a Casino.
They
have completely in their calculations divorced their strategy
from the dynamics of the real economy.
This
will be their fatal mistake and their downfall. But my pleas will fall on
deaf ears.
The
Ultimate Bet
What
is uncertain and unknown is the timing of this Trillion dollar bet. But my
estimation is, just before the crowning of Obama as the King of the
Universe and as President of the United States on 20th January 2009.
The
logic of these gamblers is that when they place the trillion dollar bet in
the global casino, the markets will surge in one huge rally – the reversal of
a tidal wave. When that happens, everything will be “sucked-up” and recede in
the belly of the ocean (the gamblers financial pockets)
Those
of us who have had the experience of the Tsunami will understand. The
incoming Wave destroyed everything in its path. And when the force reversed,
everything was sucked backed into the ocean, leaving the dead and damages on
the beaches!
Therefore,
I expect a huge rally soon.
The
chosen elite global gamblers know that this is their one and only chance to
total conquest and financial power. This is because should the Dow decline
below the 7,000 mark and other stock indexes dive in tandem, no force will be
able to trigger a reversal of the trend.
The
hoarding of Trillions in the coffers of these chosen elite gamblers is the
equivalent of giving extra fuel or ammunition to
these financial terrorists to unleash their evil deed of devastation!
How
high the rally, I cannot forecast. But I am confident that this gamble will
fail. Had this bet being played in late 2007, there was an even chance of
success. But it is too late now for this gambit.
The
financial cancer has spread all over the body. Not even the immediate surgery
and transplant of the organs will change the course.
Given
the situation and the desperation of the Controllers of the Shadow
Money-Lenders, this bet must be played. It is all or nothing. This is their
mindset.
Just
place yourself in their position, one with a warped mindset. You have $8.5
Trillion, maybe more. There is a chance for you to amass maybe US$100
Trillion or more on this one bet. If you fail, a slow but still a luxurious
death awaits you. What would you do?
“To
hell with the rest of the world, I will take my chances and even if I lose, I
still have a couple of billions” will most probably be your frame of mind.
As
I said earlier, they will fail. The Dow will surge, but will explode and dive
with such ferocity that the world will suffer a massive heart attack from the
shock of the collapse. THE DOW WILL SINK LIKE THE TITANIC!
If
you are a gambler and want to take a chance and go in and buy then sell at
the top, by all means do so, provided you have the inside intelligence
possessed only by the chosen elites.
For
the rest of us, start building bomb shelters!
You
are all forewarned.
Stop
these bastards!
Stop
these financial terrorists!
-------------------------------------
SECOND
UPDATE - 12/12/08, 11:16am KUALA LUMPUR, MALAYSIA: -
I
am now appealing to all Americans to contact your congressman, congresswoman
and senators to stop this gamble.
Go
out to the streets and demonstrate if you have to.
This
is your last chance for survival!
-------------------------------------
THIRD
UPDATE - 12/12/08, 8:14pm KUALA LUMPUR, MALAYSIA: -
I
had no intention to reveal my strategy to overcome the financial nuclear
weapon which Obama’s handlers will unleash upon the world economy, but on
examining the issues further and the time span that we have, I have decided
to do so.
The
moment the Controller of the Shadow Money-Lenders gives the signal to attack
is the moment we must respond by de-coupling our economies from the
consequences of this insidious attack.
The
$Trillion dollar bet can only work if the world’s stock markets, currency
markets and national leaders do not know how to respond immediately to the
attack. I have said that this bet will fail in any event. And it is a
given that it will fail!
However,
upon the weapon being unleashed, it will have immediate effect,
at the most one week before it sinks like the Titanic if and when we mount a
counter-attack. But the quicker we counter-attack, the less damage will our
economies suffer from the fallout. The Shadow Money-Lenders are
counting that we will be greedy and respond to the surge, so that they can
take us down later – like sheep to the slaughter house!
How
do we know when the attack will come or the signs of an impending attack?
The
signs will be when the Dow breaches the 9,000 level and there is a series of
500 or more points jump for each trading day.
Thus
far, there has been resistance to some very subtle push by the FED and
Paulson’s Plunge Protection Team. Despite numerous attempts to breach this
critical psychological barrier, the market has not responded as there were
just too much disastrous economic and financial news. A climate of fear
prevails and rightly so.
The
financial terrorists therefore need a “feel good factor” to buoy the market
sentiments and then launch the attack. Obama’s inauguration is the trigger
and the excuse.
If
and when Dow touches 9,300 to 9,500, the world’s leaders especially of the
third world countries must shut down their stock markets for as long as
is necessary and simultaneously impose capital and exchange controls to
protect their currencies and flight of capital.
Wall
Street’s controlled mass media will launch a propaganda campaign to discredit
our counter-strategy. Nobel Laureates who are the paid-scribes of Wall Street
and the Shadow Money-Lenders will exploit their so-called stature to condemn
such financial and economic tactics as heresies and that we should all be
burnt at the stakes. We have heard that rubbish before in 1997.
Stand
firm. This is about survival.
Of
course our gamblers still stuck in the markets will suffer losses, so be it.
They are gamblers and do not deserve one iota of our sympathy and assistance.
Their losses will not affect any national economies in any major way. We just
have to tell them, “screw you, harlots for the Global Shadow
Money-Lenders!”
When
this happens, there will be no global fuel to sustain the surge and this
$Trillion dollar bet will fizzle out! Dow will sink like the Titanic and even
though it will be painful for America and the Americans, this immediate shut-down
pain will be less painful and the impact on the US economy less devastating
than if it was allowed to surge to 11,000 and beyond and then suffer a
massive collapse. The US will not be able to withstand such a
dramatic collapse and the financial heart-attack. It is the lesser of
the two evils.
For
the global economies which have shut down their markets, there will also be
no dramatic surge and massive collapse. We would have prevented massive heart
attacks across the globe. The Masters of the Universe’s grand design to
conquer the world through financial devastation will be smashed to
smithereens!
In
this sense, we have consciously and through effective counter-measures de-coupled
our economies from this insidious $Trillion dollar gambling bet.
The
Masters of the Universe would be defeated and their casinos effectively shut
down.
The
12 major global banks will spiral into irreversible bankruptcy. This is a
small and acceptable price to pay as we would have saved the global economy.
In any event, these global banks can no longer serve any useful purposes. All
these bankers must be prosecuted for every crime that they have committed.
But
we must not, as global citizens turn our backs on America and the Americans.
The world leaders must intervene to assist the financial recovery of the
United States and to prevent the War Party from using the financial shock as
a pretext to unleash a global war to maintain their power.
The
global reserves of the international community are sufficient
to rehabilitate the various financial institutions in the United States
pending the establishment of a new international financial architecture and a
new system for the financing of global trade. The global economy will not
recover if the US remains devastated.
Whether
world leaders will respond to this strategy is a matter which I will not
debate as each country must make its own decision for survival. I have
proffered an effective counter-measure.
When
and if such an attack takes place, rest assured that I will mobilize the
people in Malaysia to fight for its survival and we will survive and win, as
we did in 1997.
Prepare
for the biggest and most ferocious financial war ever – now!
Join
me to prevent such an attack! And if there is an attack, to
counter-attack until total victory!
Financial
terrorists must be destroyed.
|
[Baca]
The mystery of Bernard Madoff will be storied a hundred years from now. As
history's biggest financial criminal, he took a cheap ripoff that you can use
at home—the Ponzi scheme—and turned it into a global empire worth some $50
billion.
One ingredient was financial intelligence. Madoff had buckets of it. Early in
his career, he was the real deal, an actual innovator. He combined this with
an amazing lack of conscience, for his scam was rooted most fundamentally in
lying and stealing. The difference between him and all who came before was
his grand scale, the grandest scale imaginable.
There is a saying in the world of
Austrian economics about the business cycle. The puzzle is not to explain
business failures. Those are part of the normal course of life, and the sign
of a healthy economy. The puzzle is to explain the "cluster of errors"
that appears at the beginning of a recession. How could so many have been so
wrong about so much at the same time? The business cycle is a system-wide
failure, not merely the mistaken judgment of a few.
So it is with Modoff's scheme. The mystery isn't how one person was able to
fool a few. The scheme in which yesterday's "investors" are paid
off with the money of today's victims is known in all places and probably all
times—and it always goes belly up to the originator's complete disgrace. It
is a classic example of how moral laws are self-enforcing in the world of
economics.
The critical difference this time is that Madoff ran his scheme during an
economic boom, a time when people's normal sense of incredulity is put on the
shelf. This is part of the grave cultural distortion introduced by funny
money. Money is the most widely demanded good in society, and the Fed is
making new quantities of it not as a reflection of new real wealth, but
purely as an administrative decree.
There is a sense in which funny money literally drives everyone crazy,
leading to what is sometimes called the "madness of crowds." Guido
Hulsmann explains it all in his remarkably timely and revealing new book: The
Ethics of Money Production. With artificial stimulation from the credit
machine, multitudes are willing to believe in something that cannot possibly
be true. In Madoff's case, it was that he could, even in falling markets,
earn 15-20% a year without risk.
Why not? Most everyone believed in some version of the myth. We believed that
house prices would go up and up despite the reality that houses are physical
things that deteriorate from the instant they are finished, just like cars or
computers or anything else. Why did we believe this about houses? Again, you
have to look to the fraudulent money system to see why.
And we believed that we could all become millionaires by putting our money in
the stocks of companies that weren't actually earning money or paying
dividends, companies whose wealth was entirely based on infusions of cash
from the stock market which in turn were based on the belief that others
would buy the stocks and so on. In other words, we believed that something
out of nothing was possible, and anyone who didn't believe it was a chump.
It's exactly what people believed during the other great inflations of
history.
What's more, we believed that buying these stocks constituted not
consumption, but savings for the future. In fact, people routinely attacked
official savings data on grounds that they did not include what people were
"saving" in terms of their stock market accounts. In a similar way,
people were measuring our national wealth not in terms of accumulated
capital, but rather through consumption data, as if granite kitchen counters
in bigger houses were a measure of wealth instead of the opposite: the
depletion of wealth.
The left is big on attacking the salaries of investment bankers, and they
were indeed outlandish. But these too represented not a unique problem, but
more evidence of inflationary finance. In a bubble economy, the money chases
what is most fashionable, and financial services qualified. So the salaries
were market. What was wildly distorted was the market itself.
Now let's talk about government finance during these years. The market tried
to correct itself from 1999-2001, but the government wouldn't tolerate it.
Instead, it used every sign of downturn as an excuse to keep the illusion
going, creating billions and billions in new dollars. The Fed drove interest
rates lower and lower despite the non-existence of savings available to back
them up.
(Low interest rates in a sound money system are a reflection of accumulated
capital and deferred consumption. When you see the Fed pushing them down
during a boom, it is creating a dangerous mirage.)
Did anyone stop and wonder where the government was getting all this money to
pump up the system? Yes, the Austrian economists warned us. The pages of
Mises.org and LewRockwell.com were filled with alarms. But it was something
people wanted to ignore. We are talking about human nature: the desire to
believe in things that do not exist. The government was happy to fuel this
sense because it gave the Fed, its connected industries, and the state more
power and more money in the short term.
Madoff's scheme played into the belief that wealth was not something to work
for, but something to scheme for. It could be generated by playing your cards
right, hooking into the right networks, and finding the right
"investments." The people with whom he dealt had, it turns out,
some internal sense that there was something a little bit shady about the
whole operation. But they dispensed with this sense when the fat checks
arrived, and concluded that whatever was making this perpetual motion machine
operate, it did work.
But listen: the government right now is using the same tactic to convince you
that it is saving you from the recession. The whole scheme partakes of the
same sense of denying reality that characterized Madoff's scheme. And I'm not
just talking about Social Security, which is almost an exact replica of the
Ponzi version, except that at least Charles Ponzi didn't force people to give
him money. I'm speaking of something broader. The entire financial system
that is propped up by the Treasury and the Fed is based on the same idea:
that something out of nothing is possible.
So they will jail Madoff. Wall Street would flog him if it could. He is
disgraced for all of history. But meanwhile, the likes of Bush, Bernanke,
Paulson, Obama, and all the rest are still riding high, even though their
scheme is far larger and more egregious.
Most of us like to believe that we wouldn't have been tricked by Madoff. But
are you being tricked by the elites who claim that they can conjure up a
trillion dollars to stabilize our economy by clicking a few buttons on a
computer screen? Most people are. Certainly the press seems to have bought
it. Many people were outwitted by Madoff. Many more people are today being
outwitted by the government and its central bank. And it will all end in
disgrace and disaster, only on a far, far grander scale.
[Baca]
Oleh AINUL ASNIERA AHSAN
KUALA LUMPUR 21 Dis. - Harga minyak dunia dijangka terus merudum dan
diramal boleh mencecah serendah AS$25 (RM86.50) setong pada tahun depan
berikutan permintaan yang sangat lemah, terutama di kalangan
negara-negara industri dunia.
Kejatuhan permintaan minyak dari negara-negara itu dipercayai pertama kali berlaku selepas tahun 1980an.
Ketua Penyelidik Jupiter Securities Sdn. Bhd., Pong Teng Siew yakin
kejatuhan permintaan bagi komoditi itu akan berterusan memandangkan
tiada tanda-tanda krisis ekonomi akan pulih.
''Berdasarkan situasi semasa, kedudukan harga minyak sekarang merupakan tindak balas kepada kemelesetan ekonomi global.
''Saya berpendapat harga minyak memang tidak boleh meningkat dalam
tempoh singkat memandangkan pasaran menjangkakan OPEC akan terus
mengurangkan jumlah pengeluaran sehingga harga minyak kembali stabil,''
katanya kepada Utusan Malaysia ketika dihubungi di sini.
Rabu lalu, OPEC sebulat suara bersetuju untuk mengurangkan
pengeluaran minyaknya sebanyak 2.2 juta tong sehari atau kira-kira
tujuh peratus daripada kuota kartel mulai Januari untuk mengelakkan
harga komoditi itu terus susut.
Pengurangan itu dipercayai yang terbesar pernah dilakukan oleh OPEC, yang mengeluarkan 40 peratus keperluan minyak mentah dunia.
Malah, harga minyak mentah bagi penghantaran Januari dan Februari masih kekal rendah di bawah AS$40 (RM138.40) setong.
Harga emas hitam itu pernah mencatatkan rekod tertinggi iaitu AS$147 (RM508.62) setong pada Julai lalu.
OPEC dijadual mengadakan satu lagi perjumpaan pada 19 Januari ini
untuk membincangkan pengurangan pengeluaran sekiranya harga minyak
terus jatuh.
Mengulas lanjut, Teng Siew berkata, kejatuhan minyak dunia sekarang
memang sesuatu yang di luar jangkaan dan sukar untuk meramalkan bila ia
akan naik semula.
''Kejatuhan minyak tahun ini memang dianggap 'gila' kerana tidak
sesiapa pun yang menyangka ia boleh jatuh ke tahap sekarang. Ini adalah
kejatuhan dalam sejarah industri minyak,'' ujarnya.
Beliau tidak menafikan spekulasi hebat terhadap harga komoditi itu
merupakan penyumbang terbesar terhadap kejatuhan harga komoditi
tersebut.
Bagaimanapun, beliau percaya, harga minyak dijangka meningkat sedikit menjelang akhir tahun depan.
Dalam pada itu, Teng Siew berkata, meskipun harga minyak dunia jatuh
namun adalah tidak praktikal sekiranya harga minyak di negara ini terus
diturunkan.
''Kejatuhan harga minyak dunia tidak boleh dibandingkan dengan harga minyak di pasaran tempatan,'' ujarnya.
Beliau menyifatkan, harga baru bagi minyak sekarang adalah 'cukup
bersesuaian' dan tidak perlu diturunkan lagi walaupun sekiranya harga
minyak mentah dunia terus menjunam.
Jelas beliau, tindakan kerap menurunkan harga minyak tidak akan memberi kebaikan kepada pengguna pada masa depan.
''Kita perlu ingat Petronas akan menjadi pengeksport minyak mentah
dalam tempoh tidak kurang daripada lima tahun dan rakyat Malaysia tidak
selama-lamanya bergantung pada subsidi.
''Selain itu, kerajaan juga perlu mendidik rakyat agar tidak menggunakan banyak minyak,'' katanya.
[Baca]
Oleh IKBAL SALAM
PEMAHAMAN berkaitan masalah pusaka tidak akan sempurna tanpa kita
mengetahui di manakah kes pusaka kita akan dibicarakan jika kita
meninggal dunia. Di negara kita permohonan pembahagian pusaka umat
Islam boleh dibuat di:
1. Mahkamah Tinggi Malaya Melalui Peguam/Amanah Raya Seksyen 77A
Akta Probet & Pentadbir 1959 Order 71 Kaedah Mahkamah Tinggi 1980
Harta Alih & Tak Alih lebih RM600,000.
2. Pejabat Pusaka Kecil Waris Si mati/Peguam Seksyen 13 Akta Harta
Pusaka Kecil (Pembahagian) 1955 Seksyen 4 Akta Harta Pusaka Kecil
(Pembahagian) 1955 Seksyen 3(2) Akta Harta Pusaka Kecil (Pembahagian)
1955 Harta Alih & Tak Alih kurang daripada RM600,000.
3. Amanah Raya Berhad Seksyen 13 Akta Pemegang Amanah Raya 1995
Seksyen 8 Akta Harta Pusaka Kecil (Pembahagian) 1955 Seksyen 17 (1)
Akta Pemegang Amanah Raya 1995 Seksyen 17(2) Akta Pemegang Amanah Raya
1995 Harta Alih kurang daripada RM600,000.
Harta Alih kurang daripada RM50,000.
Tegasnya, umat Islam di negara kita dalam banyak keadaan terpaksa
menyerahkan permohonan pusaka mereka kepada dua bidang kuasa
perundangan iaitu di Mahkamah Syariah bagi memperolehi Sijil faraid dan
kemudiannya mendapatkan perintah pembahagian daripada Mahkamah Tinggi
atau Pejabat Pusaka Kecil.
Proses ini terkadang menjadi lebih rumit bila terdapat keadaan di
mana berlakunya pertindihan atau kesamaran bidang kuasa antara Mahkamah
Syariah dan Mahkamah Sivil dalam hal-hal bagi menentukan sama ada harta
si mati boleh dikategorikan sebagai harta pusaka atau tidak.
Oleh kerana hambatan perundangan tersebut adalah penting bagi umat
Islam memastikan harta yang mereka miliki dapat diperturunkan kepada
mereka yang memerlukan dalam waktu yang seberapa singkat.
Untuk tujuan itu langkah yang pertama sendirian bila terdapat
ahli-ahli waris yang mahu menuntut harta dengan petah berhujah sambil
merujuk kepada ayat-ayat pewarisan dalam surah an-Nisa'.
Begitulah juga yang lazimnya berlaku bila si suami menggunakan kuasa
veto mereka untuk berpoligami sambil merujuk kepada ayat 2 surah
an-Nisa' yang memberikan ruang kepada suami untuk berpoligami.
Kes-kes monopoli harta pusaka sehingga mewujudkan kematian yang
berlapis-lapis seharusnya tidak berlaku kepada umat Islam memandangkan
kita telah diajar akan azab yang bakal menimpa jika memakan harta anak
yatim atau harta yang bukan milik kita.
Sebaliknya ada juga dikalangan kita yang mengambil sikap "tak kuasa"
atau tidak peduli untuk bertegang urat atau berparang berebut tanah
pusaka lebih-lebih lagi perlu pula berhadapan dengan bapa saudara atau
saudara sepupu yang terkenal dengan panas barannya.
Walaupun menjadi amalan yang dituntut untuk kita tidak terbabit
dengan perebutan harta pusaka tetapi keengganan ahli-ahli waris untuk
berhadapan dengan masalah itu sekarang adalah petanda jelas bahawa
pemilikan tanah pusaka tersebut akan terus tergantung dari satu
generasi ke generasi.
Akhirnya tanah tersebut tidak mempunyai nilai komersial untuk dibangunkan akibat ketidaktentuan status pemiliknya.
Jauh di sudut hati terfikir juga kita daripada hartanah yang
ditinggalkan menjadi punca perbalahan, alangkah baiknya jika tanah
tersebut dahulunya diwakafkan sahaja oleh nenek tersebut.
Bagi mengelakkan masalah kematian berlapis ini, sangat perlu untuk
umat Islam membahagikan harta pusaka dengan seberapa segera selepas
kematian si mati.
Penyegeraan pembahagian pusaka akan dapat memastikan tanggungan si
mati sama ada kepada Allah atau manusia dapat dijelaskan sebelum aset
yang ditinggalkan dibahagi-bahagikan kepada mereka yang layak.
Percayalah, bertangguh dalam membahagikan pusaka memberi ruang kepada lebih banyak masalah pusaka di masa depan.
Umat Islam juga perlu menyedari bahawa betapa agama Islam adalah
agama yang cukup sempurna, relevan pada setiap zaman dan mendukung
prinsip keadilan secara total.
Sementara kita mengakui bahawa faraid adalah ketentuan hukum dari
Allah yang tidak boleh disanggah, syarak menyediakan pula pelbagai
kaedah bagi memastikan harta yang ditinggalkan mampu menambahkan pahala
berpanjangan kepada yang mati dan boleh menambah baik keadaan ekonomi
ahli keluarga yang ditinggalkan.
Antara kaedah yang digariskan oleh syarak adalah antaranya Hibah, Hadiah, Amanah, Nazar, Wakaf dan Sedekah.
Kes-kes pusaka akan dapat diatasi atau dikurangkan tahap
permasalahan jika umat Islam menyediakan pelan yang jelas berkaitan
harta yang dimiliki menurut kaedah yang dinyatakan di atas.
Pelan penurunan harta inilah yang semacam menjadi fobia di dalam
masyarakat Islam kita hingga bila dicadangkan agar wasiat ditulis ramai
pula yang dengan sinis menjawab, maaflah saya belum nak mati lagi atau
tak mengapalah harta saya sedikit sahaja.
Sebagai perbandingan ramai pula di kalangan kita yang apabila
meninggalkan rumah walau hanya seketika, meninggalkan pesanan kepada
anak mereka umpamanya; 'Jangan bergaduh, jangan lupa pastikan pintu
rumah dikunci dan jangan lupa angkat kain baju di ampaian'.
Hujah saya, jika meninggalkan rumah yang sebentar itu pun kita perlu
berpesan, mengapa tidak kita menyediakan pesanan dan perancangan yang
sempurna untuk ahli-ahli keluarga sebelum kita meninggalkan alam
sementara ini ke alam yang kekal yang tidak diketahui bila pula ia akan
tiba.
Kaedah perancangan pusaka yang digariskan syarak di atas memberikan
ruang untuk kita memberikan harta yang dimiliki kepada mana-mana pihak
sekalipun orang itu bukanlah ahli waris kita pada kadar yang difikirkan
sesuai.
Prinsip asas yang perlu dipatuhi adalah apa pun sahaja pemberian
yang hendak diturunkan itu hendaklah dibuat dan dilaksanakan semasa
hayat si pemilik harta.
[Baca]
Cuba tunjukkan
Di mana letaknya keadilan
Jika orang tidak bersalah justeru mati
dan, orang tidak berdosa juga dihukum
Sama seperti orang yang berdosa...
Francois Marie Arouet (Voltaire) pemikir agung Perancis abad ke-18
mengakhiri sajaknya itu dengan pertanyaan..“Mengapa Lisbon?” Wajahnya
penuh kesedihan dan kekecewaan. Pertanyaan tersebut sebenarnya
ditujukan kepada Tuhan!
Di depan matanya lebih 55,000 penduduk Lisbon, ibu negara Portugal
meninggal dunia dalam gempa bumi yang paling dasyat dalam sejarah
Eropah moden (selepas era pencerahan). Ia berlaku pada 1755.
Pemikir yang kemudian menjadi seorang ateis itu turut ‘bertanya’
kepada Tuhan. Adakah Lisbon lebih berdosa daripada Paris atau Kota
London hingga menerima tragedi besar tersebut?
Dalam sejarah ‘orang yang tidak memahami’ tentang kuasa mutlak
Tuhan, bukan hanya Voltaire yang berbuat demikian. Albert Camus turut
mempertikai Tuhan di atas kisah tragis dalam dramanya, Caligula.
Naskhah Caligula mengisahkan Maharaja Romawi mati kerana
ditinggalkan oleh kekasihnya, Tursila. Sebelum menghembuskan nafas
terakhirnya baginda merasakan bahawa Tuhan telah mengabaikannya dan
meletakkan baginda dalam kekecewaan.
Selain Voltaire dan Camus, ada lagi pemikir Perancis lain iaitu
Maurice Clavel. Beliau berpendapat, kesengsaraan dan tragedi
kemanusiaan disebabkan oleh Tuhan!
“Gagasan besar yang tertindas dalam kehidupan manusia moden adalah
Tuhan. Dia tidak hanya dalam bencana tetapi juga dalam tragedi manusia.
“Cuba lihat bagaimana sejarah peperangan berdarah manusia. Para
penjahat menggemakan nama Tuhan untuk membunuh,” tulisnya dalam God or
Nothing.
Di sisi lain, Jean Jacques Rosseau mengkritik secara lantang
pandangan Voltaire. Beliau mengingatkan supaya jangan terlalu pedas dan
berfikiran sempit dalam mentafsir keberadaan Tuhan.
Seandainya Voltaire masih hidup tentu dia akan melaungkan kritikan
yang sama terhadap Tuhan ekoran bencana alam akibat taufan Nargis di
Myanmar dan gempa bumi di China yang mengorbankan lebih 150,000 nyawa
baru-baru ini.
Mungkin juga dia akan mempertikaikan Tuhan dalam kejadian Tsunami
yang mengorbankan lebih 250,000 nyawa di Aceh dan beberapa negara Asia
pada tahun 2005.
Bencana sering menimbulkan dua pandangan berbeza. Ada kelompok yang
menganggap tragedi alam itu sebagai cubaan, peringatan dan mungkin juga
hukuman Tuhan terhadap dosa-dosa manusia.
Di sisi lain ada kelompok meradang dan meratap seperti Voltaire,
Clavel atau Camus. Mereka melihat tragedi tersebut sebagai gagasan
‘penindasan’ Tuhan.
Sesiapa pun pasti menangis melihat tragedi di Aceh, Myammar dan
China. Namun, adilkah jika dalam kedukaan itu kita mencari kesalahan di
luar diri dan persekitaran kita?
Apa lagi meletakkan Tuhan sebagai punca segala kesalahan. Adakah
kita bertanyakan penyebab kepada kejadian tanah runtuh atau hakisan
pantai di Malaysia atau seluruh dunia?
Pada hal manusia terlalu rakus memusnahkan hutan atas nama
kepentingan ekonomi dan pembangunan. Sungai-sungai ditimbus dan
bukit-bukit diratakan. Lalu, adakah ini sebuah takdir Tuhan?
Pandangan penulis Karen Amstrong cukup menarik untuk menjawab
persoalan (berdasarkan pemikiran logik) tentang Tuhan dan kejadian
bencana di sekitar manusia.
Dalam History of God, Amstrong menulis secara terperinci tentang
evolusi pemikiran manusia tentang Tuhan termasuk mengaitkan dengan
kejadian bencana.
“Pemikiran manusia moden dikuasai oleh logik kerana mereka tidak
memahami erti keberadaan Tuhan dan memberi pentafsiran yang terlalu
sempit,” tulisnya.
[Baca]
KETIKA nama-nama besar dalam kebangkitan nasionalisme Melayu
diperkatakan, ada nama seakan-akan tenggelam. Mungkin tidak diketahui
sepenuhnya oleh generasi baru seperti mana Datuk Onn Jaafar, Tuanku
Abdul Rahman dan lain-lain.
Nama Ibu Zain (Tan Sri Zainun Munshi Sulaiman) mungkin agak
`terpinggir’ walaupun Allahyarham sebenarnya memainkan peranan yang
cukup besar dalam memperjuangkan kemerdekaan negara tercinta.
Mungkin pandangan bahawa perjuangan nasionalis kaum wanita sejak
dulu lagi hanya tercatat dalam `kertas'. Tidak banyak perihal
perjuangan mereka yang diserlahkan dalam bentuk yang berbeza selain
catatan.
Perjuangan mereka seolah-olah mati bersama mereka. Ia hanya untuk
dijadikan kajian, yang akhirnya juga akan ditempatkan di dalam `kertas'
juga.
Senario ini berbeza dengan dengan perjuangan tokoh kaum lelaki yang
mana mereka mendapat tempat istimewa termasuk di pentas teater.
Perjuangan Dato' Onn, Tuanku Abdul Rahman, Tun Tan Cheng Lock dan
Tun Sambathan contohnya telah pun didekatkan kepada masyarakat moden
hari ini melalui persembahan teater.
Nasib ini tidak menyebelahi kaum wanita lain yang seangkatan dengan
Ibu Zain seperti Puteh Maria dan Datin Paduka Fatimah Abdul Majid.
Ketokohan dan jerih perjuangan beliau masih belum mendapat tempat dalam
bentuk visual sama ada di layar perak mahupun di pentas teater.
Mereka adalah pejuang awal sezaman Datuk Onn Onn yang sama-sama
menentang Malayan Union pada 1946 melalui Kaum Ibu (kini dikenali
sebagai Pergerakan Wanita UMNO).
Dalam senario politik hari ini, menarik untuk mengutip pengalaman
yang dilalui oleh Ibu Zain ketika bersama UMNO. Tokoh Guru Suluh
Budiman 1980 ini pernah nyaris mati apabila kereta api yang
ditumpanginya dari Johor Bahru ke Tanjung Malim diserang hendap komunis
ketika di Labis.
Tujuan perjalanan adalah untuk membincangkan tunjuk perasaan
pelajar-pelajar Maktab Perguruan Tanjung Malim. Ibu Zain tertembak di
paha dan terlantar di hospital selama 44 hari.
Ketika itu jugalah berlakunya rapat raksasa di Bukit Timbalan Johor
pada 15 Julai l950 yang membantah peletakan jawatan Datuk Onn sebagai
Yang Di Pertua UMNO. Ungku Abdullah Omar yang menganjurkan perhimpunan
meminta Ibu Zain berucap supaya Datuk Onn menimbangkan keputusannya.
Ibu Zain yang belum sembuh terkejut melihat orang ramai memakai
lencana UMNO terbalik dan bendera dikibarkan juga terbalik. Sepanduk
menyebut `Datuk Onn Berhenti - UMNO mati'.
Ibu Zain mempersoalkan adakah UMNO berjuang untuk menyanjung
tokohnya? Apakah tokoh boleh menyebabkan putus asa dan lemah semangat?
UMNO berjuang untuk menebus kembali kemerdekaan bukan kerana penganjur
atau pemimpin tetapi kerana tanah air.
Ibu Zain bertanya; "Jika Datuk Onn dipanggil Allah ke hadratNya
mahukah tuan puan mengikutnya? Mahukah tuan puan ditanam
bersama-samanya di dalam tanah? Kerana rapat itu, Datuk Onn telah
menangguhkah peletakan jawatannya buat seketika.
Menyedari bahawa perjuangan yang tidak mengenal erti penat dan
ketakutan ini wajar diketengahkan dalam bentuk yang lebih dekat kepada
masyarakat, satu pementasan berjudul Muzikal Ibu Zain akan dipentaskan
dari 12 hingga 18 Ogos ini di Panggung Sari, Istana Budaya, IB Kuala
Lumpur.
Ia dianjurkan oleh Persatuan Penulis Wanita Malaysia (PPWM) dan
Istana Budaya serta CTRA Production. Naskhah tersebut ditulis dan
dipentaskan dengan tujuan untuk mengetengahkan jasa dan budi serta
perjuangan tokoh wanita yang bernama Ibu Zain supaya perjuangan
tersebut menjadi pembakar semangat kepada generasi hari ini.
Sepanjang sejarah perjuangannya, Ibu Zain adalah seorang guru dan
nasionalis serta politikus yang hebat. Jasa dan perjuangan Allahyarham
amat penting diketahui oleh generasi hari ini supaya mereka memahami
erti negara bangsa dan kemerdekaan yang sebenarnya.
Produksi pementasan yang diselaraskan dengan sambutan bulan
kemerdekaan bagi tahun ini sebenarnya telah memulakan proses
penyelidikan sejak akhir tahun lalu.
Ini kerana mementaskan sebuah teater berbentuk `biografi' bukanlah
kerja yang mudah apatah lagi ia adalah berdasarkan fakta benar.
Justeru, kerja-kerja penyelidikan dan penghasilan skrip juga harus
dilakukan oleh orang yang arif mengenainya. Maka, skrip Muzikal Ibu
Zain telah dihasilkan sepenuhnya oleh Rosminah Mohd. Tahir yang juga
bertindak sebagai pengarah.
Menurut Siti Rohayah Atan sebagai penerbit teater tersebut, selain
kajian dan penyelidikan yang dilakukan di Arkib Negara, Filem Negara,
ia juga dilakukan dibeberapa tempat penting seperti di Negeri Melaka
(Tengkera, Jasin dan Nyalas). Begitu juga di Johor.
“Muzikal Ibu Zain sebuah produksi yang menceritakan tentang
perjuangan menuntut kemerdekaan yang penuh dengan air mata.
Bagaimanapun, ia tidak dapat lari daripada mengaitkannya dengan UMNO.
“Justeru, ia sebuah kerja seni yang harus dilihat dalam konteks yang
lebih besar iaitu peristiwa sejarah tanpa mengira fahaman politik.
Lebih membawa makna sekiranya ia ditonton oleh golongan belia dan
generasi muda," katanya.
Sama ada sedar atau tidak, Ibu Zain tokoh gemilang Kaum Ibu UMNO ini
juga telah meninggalkan zuriat yang amat bermakna dalam peristiwa
sejarah penulisan tanah air iaitu Adibah Amin.
Mungkin tidak ramai yang menyedari bahawa Ibu Zain adalah ibu kepada
penulis yang popular melalui penulisan novel dan dunia kewartawanan
yang berumur lebih 70 tahun itu.
Muzikal Ibu Zain akan dilakonkan antaranya oleh Nasha Aziz, Datuk
Rahim Razali, Liza Othman, Juhara Ayob, Mazlan Tahir, Mazin Ameer
Siraj, Hamzah Mohd. Tahir dan ramai lagi.
Sementara itu, naskhah Ibu Zain mengisahkan Allahyarham membesar
sebagai seorang kanak-kanak perempuan yang cergas dan cerdas.
Latarbelakang pendidikan agama yang diajarkan oleh bapanya dan
ketegasan bapa menghantarnya bersekolah Inggeris telah membuka mata dan
jiwanya menjadi pendidik bangsa .
Ia bukan sahaja melalui jawatan guru yang sangat disenanginya tetapi
juga sebagai pengarang yang ditekuninya dan pejuang masyarakat yang
membawanya menjadi pelupur pejuang wanita berjiwa pekasa.
Laluan hayat yang ditempuhinya adalah waktu-waktu penuh getir zaman
penjajahan Inggeris, Jepun, Komunis, Darurat dan kebangkitan
penentangan Malayan Union sehingga Tanah Melayu (Malaya) mendapat
kemerdekaan.
Layar masa sebagai isteri kemudian menjadi ibu tunggal beranak tiga
dan pada masa yang sama pemimpin kaum ibu sangat menguji kesabaran jiwa
dan raga.
Ibu Zain terpaksa akur tidak melanjutkan pelajaran kerana masyarakat
waktu itu menolak anak perempuan belajar tinggi. Tetapi dia mengubati
kekecewaan dengan mendirikan sekolah untuk orang kampungnya belajar
membaca dan menulis.
Beliau difitnah berkasih dengan Dr. Burhanuddin Helmi oleh ahli UMNO
sendiri, sedangkan keakraban mereka kerana mewakili Negara ke
Persidangan Perhubungan Asia di New Delhi. Namun Allahyarham tetap
gigih berjuang.
Ibu Zain juga diberhentikan kerja kerana kelantangannya menentang
Malayan Union dan dihina kerana hendak mendirikan rumah kecil dikawasan
bangsawan.
Ibu Zain kebal dan cekal mengharungi segala cabaran. Suatu ketika
walaupun masih sakit kerana tertembak beliau masih mampu berpidato
untuk menyekat Datuk Onn daripada meninggalkan UMNO.
Apa yang yang ingin diperjuangkan Ibu Zain adalah melihat anak
bangsanya bebas dan merdeka bukan sahaja daripada penjajah tetapi
belenggu pemikiran yang menyekat kemajuan.
Keutamaan perjuangan yang mendasar adalah pendidikan akademik dan
agama mestilah seimbang seperti katanya "Agama dididik moden dibela".
Wanita bukan sahaja muslimah dan pekerja yang baik tetapi paling
penting ibu yang sempurna yang dapat mendidik anak-anak menjadi warga
Negara yang berguna.
Hasrat ini diterjemahkan disetiap detik perjuangannya dan
diperkukuhkan dengan penubuhan Kolej Tengku Ampuan Mariam yang
beroperasi di Istana Mastika Embun Johor Baharu kurniaan Tengku Mariam
adinda Sultan Johor.
Mereka yang berminat untuk mengetahui tentang muzikal ini boleh melayari www.ibuzain.blogspot.com.
[Baca]
Oleh ABD. AZIZ ITAR
aziz.itar@utusan.com.my
DIDAKTISME atau unsur pengajaran dalam sesebuah karya sastera
yang memberikan pendidikan merupakan elemen penting dalam memperluaskan
lagi daya keintelektualan dan penghayatan para peminat seni tersebut.Unsur
didaktisme misalnya, banyak diselitkan menerusi cerpen, novel dan juga
puisi di mana ia bersatu dalam suatu gaya bahasa yang indah beserta
jalan cerita bagi menyampaikan sesuatu pengajaran mengikut gaya
seseorang penulis.
Gaya penulisan dan latar belakang seseorang penulis amat memainkan
peranan penting dalam menyampaikan sesuatu mesej berdasarkan pengamatan
serta pengetahuan dalam bidang yang diceburinya itu.
Sebagai contohnya, seorang doktor akan lebih mudah untuk menulis
puisi tentang nasib malang yang mungkin terpaksa dilalui oleh golongan
miskin jika semua hospital kerajaan diswastakan ekoran kos perubatan
yang kini semakin mahal.
Justeru, unsur didaktisme bukan sahaja penting dalam mengembangkan
sumber ilmu pengetahuan, tetapi ia juga dapat mempelbagaikan lagi
medium dalam dunia kesusasteraan yang amat luas skopnya.
Menyedari pentingnya peranan didaktisme dalam sastera termasuklah
puisi, Persatuan Penulis Kuala Lumpur (Kalam) telah menganjurkan majlis
Baca Puisi Kuala Lumpur, yang bertemakan Didaktisme & Kebenaran baru-baru ini.
Majlis yang berlangsung di Ruang Legar Balai Budaya Tun Syed Nasir,
Dewan Bahasa dan Pustaka, Kuala Lumpur itu menghadirkan ramai penyair
yang terdiri daripada pelbagai latarbelakang kerjaya.
Antara yang terbabit pada majlis itu ialah Mufti Perlis, Dr. Mohd.
Asri Zainul Abidin, Setiausaha Politik Menteri Pelancongan, Datuk Abdul
Rahim Abu dan Ketua Pengarah Dewan Bandaraya Kuala Lumpur, Datuk Salleh
Yusup.
Prof. Rahman Shaari yang menjadi hos dan penyair utama pada majlis
itu tidak menafikan betapa golongan terbabit mempunyai persepsi dan
kebenaran tersendiri yang hendak diketengahkan mengikut bidang
kepakaran masing-masing.
"Bagi saya, kebenaran itu sesuatu yang umum sifatnya. Tetapi apabila
ia dibicarakan oleh seseorang mengikut bidang masing-masing, maka
kebenaran yang cuba diketengahkannya akan menjadi lebih jelas lagi.
"Sebagai contohnya, seorang mufti tentunya akan mengetengahkan
tentang unsur-unsur kebenaran dalam puisinya berdasarkan hukum-hukum
Islam. Begitu juga dengan tokoh-tokoh lain," katanya ketika ditemui
selepas majlis itu berakhir.
Sebagai aktivis puisi dan ahli akademi beliau turut tidak terkecuali
dalam menyerlahkan unsur-unsur didaktisme mengikut pemerhatiannya
menerusi puisinya yang berjudul Resah Cincin yang sarat dengan mesej tersirat.
Prof. Rahman misalnya, menggunakan cincin yang dipakai di jari kanan
dan kirinya pada majlis itu bagi menyampaikan mesej puisi tersebut yang
secara amnya lebih banyak berkisar tentang dunia politik era tahun
1970-an hinggalah masa kini.
Fahaman sosialisAntara lain beliau
menggambarkan bahawa pemakaian cincin di jari tangan sebelah kanan
sedikit sebanyak menggambarkan tentang 'keselesaan' si pemakainya,
berbanding jari tangan kiri yang lebih bersifat 'pembangkang'.
"Kalau pada tahun 1970-an dulu, elemen kiri dalam politik mungkin
lebih menjurus kepada fahaman sosialis. Tetapi pada masa hari ini dalam
suasana politik yang tidak menentu, apa-apa fahaman dan parti politik
tidak menjadi halangan.
"Ramai orang semakin berani bersuara, boleh lompat parti dan
sebagainya. Saya cuba menyampaikan mesej itu menerusi bait-bait
terakhir puisi itu yang antara lain berbunyi, jari hantu pun tidak
mengapa," jelasnya.
Sengsara dan Kintalo Dengan Telur Emas merupakan antara judul sajak
deklamasian Prof. Rahman yang sarat dengan unsur sindiran serta
pengajaran di mana ia cukup rapat dengan tema baca puisi pada malam
tersebut.
Dr. Mohd. Asri yang mewakili tokoh agama turut tidak terkecuali mendeklamasikan sajaknya yang berjudul Aku Rela dan Yang Benar Tetap Benar di mana ia memperluaskan lagi peranan mufti dalam menyampaikan dakwah.
"Kita tidak mahulah orang kata 'orang agama' hanya terbatas pada
agama sahaja. Sajak juga boleh dijadikan medium untuk berdakwah. Saya
menulis sajak yang saya bacakan pada malam ini selepas dilantik menjadi
mufti," katanya.
Malah, beliau memandang positif cadangan Prof. Rahman Shaari yang
sebelum itu mahu mengangkat sastera terutamanya puisi supaya ia dapat
diselitkan dalam khutbah-khutbah yang disampaikan ketika solat Jumaat.
Bagaimanapun, Dr. Mohd. Asri berkata, perkara itu agak sukar untuk
direalisasikan kerana ada sajak memaparkan gaya bahasa yang sungguh
puitis serta amat mendalam maksudnya di mana ia mungkin sukar difahami
oleh para jemaah.
Meskipun tajuk asal yang dicadangkan oleh Prof. Rahman berjudul Menghadapi Kepalsuan tetapi majlis Baca Puisi Kuala Lumpur itu tetap berlangsung dalam suasana yang meriah dan penuh dengan kepelbagaian.
Perkara itu dapat dilihat menerusi puisi tradisional berjudul Burung Kenek-Kenek yang dideklamasikan oleh A. Rahman Amiruddin atau Farouk dalam gaya berlagu sambil diiringi alunan paluan gendang.
Penyanyi lagu-lagu alternatif dan novelis, Abot turut memvariasikan lagu gaya pembacaan puisi menerusi puisi Hati Hina karya Prof. Rahman Shaari dan Di Bawah Bintang Mengerdip (Datuk A. Samad Said) yang dilagukan.
Penyajak lain yang terbabit menjayakan majlis yang diacarakan oleh
Mansor Abu Bakar itu termasuklah Datuk Dr. Hashim Yaacob, Raja
Rajeswari Seetha Raman, Rahimidin Zahari, Rasdi Daud, Rogayah A. Hamid,
Norain A. Rahman dan para pelajar Sekolah Menengah Kebangsaan Rahman
Putra, Sungai Buloh, Selangor.
[Baca]
Kehadapanmu ya...Tuhan
surat ini kutujukan,
alamat poskodnya di hati
stem posnya sehati
posmennya sanubari
surat itu, ku biarkan sahaja di situ
sesungguhnya engkau maha tahu...
DEMIKIAN sebahagian daripada puisi Surat Kepada Tuhan yang
dimuatkan dalam kumpulan puisi terbaru penyair Dr. Ibrahim Ghaffar -
naskhah yang turut diterjemahkan ke bahasa Mandarin oleh Dr. Chew Fong
Peng.Kumpulan puisi Kembali Dari Dalam Diri tersebut
menghimpunkan karya-karya beliau sejak Mei 1999 hingga September 2005
mengangkat pelbagai tema termasuk sejarah, kisah perjalanan, politik,
persoalan peribadi dan rohaniah.
Sebagai penyair yang cukup lama mengembara dalam dunia kreatif dan
bergelumang dalam wacana kata, puisi-puisinya tetap segar, hidup dan
penuh makna.
Dalam sesetengah puisinya itu, ada unsur kebimbangan tentang masa
depan dunia yang penuh dengan peperangan, kepasrahan kepada yang Maha
Esa dan pandangan-pandangan peribadi terhadap politik antarabangsa
serta dalam negeri.
Namun, seringkali puisi-puisinya disampaikan secara bersarung dalam
metafora yang puitis. Keadaan tersebut mungkin berkaitan erat dengan
latar belakang pendidikan dan mungkin hakikat dunia kepenyairan Melayu
itu sendiri -bersilat di dalam kata.
Di sebalik metafora itulah beliau mengkritik, mengherdik dan berlagu
tentang pelbagai isu yang berada di sekitar kehidupannya seharian yang
dicerna menjadi bait-bait puisi.
Sebagai penulis dan penyair, Ibrahim kreatif mengolah sesuatu isu.
Beliau juga begitu rajin mentelaah sejarah bangsa untuk membina masa
hadapan.
Sesungguhnya beliau hanyalah orang kecil yang tidak mungkin membina
peradaban bangsa ini secara bersendirian. Bagaimanapun, lontaran kata
dalam puisi-puisinya mampu mengajak khalayak menuju sebuah kesatuan.
Mungkin pendapat sejarawan R.G Collingwood bahawa sejarah hanya
milik orang besar (berpangkat) tidak selamanya benar. Sejarah juga
milik golongan masyarakat biasa.
Pencernaan sejarah yang baik dalam puisi-puisinya seperti Warkah Hang Nadim Kepada Sri Maharaja (Parameswara), Klang; Sejarah Merentasi Alaf dan Seketika Aku Ketemu Hang Tuah cukup memukau.
Sejarah dilihat sebagai sebuah detik yang begitu bermakna dalam
pembinaan sesebuah peradaban, bangsa dan masa depan sesebuah negara.
Oleh itu, muncul rasa kecintaan terhadap sejarah yang mendalam dalam
puisi-puisinya.
Tanpa disedari, puisi-puisinya memasuki gerbang falsafah Aguste Comte, Savoir Puor Prevoir (mempelajari masa lalu, melihat kini untuk menentukan masa depan) terlihat dengan ketara dalam karya-karyanya).
Di sisi lain, puisi-puisinya turut menyuarakan rasa kemanusiaan yang
mendalam melalui kritikan dan bantahan terhadap kekejaman kuasa-kuasa
dunia yang menindas negara-negara kecil.
[Baca]
KAMBING itu memang hitam. Hitam legam. Macam arang yang saya pernah
lihat masa kecil-kecil dulu. Dipendekkan kata, hitamlah walaupun
bulunya berkilat-kilat. Hati tertanya-tanya; sejak bila ayah minat
kambing? Tiba-tiba kambing itu menerkam ke arah saya. Nasib baik sempat
saya libas dengan kain pelekat yang kebetulan ada di tangan. Anak-anak
bertempiaran lari sambil menjerit-jerit. Isteri saya melompat ke
tangga. Waktu itu kami baru sampai. Baru turun kereta.
Tiga hari berlalu, anak-anak masih gerun untuk turun ke halaman
sebab ayah tambat kambing hitam yang dinamakan Hitam itu di tiang
sutuh. Umi pun bercerita katanya kambing itu mainan baru ayah. Saya dan
isteri saling berpandangan. Hati tertanya-tanya; mainan? Pelik ada,
lucu pun ada. Sebenarnya, bukanlah pelik sangat tapi lebih kepada
kasihankan anak-anak. Macam merajuk budak- budak itu dengan Tok Ayahnya
memandangkan selama ini jika balik kampung, suka sangat mereka mengekor
Tok Ayahnya ke belakang rumah - ke kebun ayah.
Budak bertiga itu akan ralit main tanah waktu ayah paut rong ubi
tokrok. Belajar- belajar pegang cangkul, pegang golok yang selalu ayah
buat tarah kayu pancang. Atau ikut ayah ujam kayu buat para pokok
petola. Atau tolong ayah tugal jagung kalau kebetulan waktu kami balik
ayah baru nak mula tanam jagung. Kebetulan, kawasan rumah ayah agak
luas. Lebih kurang tiga ekar. Jadi, ayah selalu kata, tanah kena
dimakmurkan. Tuhan bagi tanah kepada manusia ada hikmahnya. Jangan
fikir cara jualnya sahaja, tambah ayah. Tekemo saya sebentar-sebenarnya
malu sebab saya pernah cadangkan ayah supaya jualkan tanah selepas emak
meninggal dan duduk dengan saya di KL.
Tambah ayah, selagi ada tenaga dia akan terus usahakan tanahnya dan
terus kekal sebagai pengerusi Tadika Ibu. Mulanya agak kecewa,
maklumlah tiap-tiap bulan saya tak pernah mimpat bagi ayah sedikit
duit. Kak Miah, Abang Mail dan Abang Haris juga tidak terkecuali
menghulurkan duit belanja dapur kepada ayah. Saya fikir duit itu sudah
cukup untuk ayah dan isterinya (umi tiri saya) hidup tanpa perlu
berkerja selepas pencen guru. Saya suka kalau dia mengaji dengan Poknik
Using yang buka pondok di Padang Pak Amat. Saya pun, kalau saya diberi
umur sampai enam puluh lima macam ayah sekarang, Insya-Allah saya akan
buat begitu.
Pendapat ayah pula lain. Katanya duit anak-anak bagi dia buat makan
tapi duit yang dia dapat dari hasil titik peluhnya, dia sedekah. Dia
kata duit dari titik peluh itu lebih afdal. Saya akur dengan pendapat
ayah. Tidak mahu jadi macam Abang Mail, Abang Haris dan Kak Miah yang
selalu bangkang cakap ayah.
Macam masa ayah nak menikah dengan umi dulu, ketiga-tiganya tarik
muka seratus empat belas. Nasib baik, pasangan mereka berkecuali. Sama
macam isteri saya, Siti Fatimah tetapi diam-diam Kak Miah berbisik
kepada Siti Fatimah; dia lebih suka kepada sepupu umi, Cikgu Nohjahana.
Cikgu berkulit putih kuning itu lemah lembut, lebih berumur dan yang
mustahak pandai ambil hati orang. Kalau ayah nak buat ibu rumah, itulah
orang sepatutnya. Siti Fatimah kemudian panjangkan kepada saya; ayah
yang nak menikah. Mustahil ayah tak buat istikharah.
Ayah tak patut menikahi pekerja, sanggah Kak Miah lagi. Siti Fatimah
bertanya kepada saya, Cikgu Nohjahana bukan pekerja ayah? Betul juga
pendapat isteri saya. Memang umi dan Cikgu Nohjahana guru di Tadika Ibu
yang diasaskan oleh gemulah emak kira-kira lima belas tahun lalu. Umi
masuk ke Tadika Ibu lebih awal lima tahun daripada Cikgu Nohjahana.
Masa balik cuti raya lepas pula, Kak Miah tanyakan pendapatan
tadika. Ayah diam. Umi menjawab (bagi pihak ayah gamaknya), tadika
bukan organisasi korporat. Kos pengurusan pun tak lepas kalau nak
harapkan bayaran yang dikenakan kepada murid-murid. Sebab, itu umi
sudah lama turun naik tangga atau lif pejabat-pejabat swasta dan
badan-badan korporat - meminta sumbangan. Maklumlah sekarang semua guru
yang diambil mengajar di Tadika Ibu, berijazah. Itu juga untuk memenuhi
wasiat gemulah emak yang pentingkan pendidikan awal kanak-kanak.
Barangkali menyedari tidak begitu endahkan anak-anak tirinya, umi
pelawa kami tengok laporan audit tetapi Kak Miah tidak buat acuh tak
acuh. Kak Miah masih dengan geramnya, saya rasa. Suatu hari Siti
Fatimah berbisik, "kalau Kak Miah tak suka umi, tak mesti orang lain
pun kena ikut dia."
Alahai perempuan... macam-macam!
"Kalaulah dulu, ayah menikah dengan Cikgu Jahana, ayah kena tanggung
lima anak tiri. Itu belum campur suami yang dia 'ceraikan' tu. Buatnya
bekas suami dia gila talak ke, buat sesuatu yang tak tak masuk akal ke,
susah ayah. Dengan umi, semuanya beres. Umi jaga ayah molek. Urus
tadika pun molek."
Malas nak fikir sebenarnya tetapi kalau isteri terus bercakap, pasal
keluarga kita pula, lama-lama semasuk juga ke kepala. Barangkali silap
saya juga, tak sekat Siti Fatimah awal-awal. Kalau saya buat begitu,
gamaknya tidaklah Siti Fatimah bercakap berlebar-lebar. Pun begitu,
selepas fikir punya fikir yang besar di kepala saya; kambing hitam ayah
juga.
FikiranTetapi, hal umi pun masih tidak mahu
pergi-pergi dari fikiran. Masa menikah dengan ayah dulu, umi baru
setahun membalu apabila suami muda sama mudanya meninggal dipanah litar
waktu pulang kerja. Waktu itu umur umi belum pun masuk empat puluh.
Sebaya dengan Kak Miah. Agaknya itu yang menyebabkan Kak Miah bimbang
kerana pada masa itu, Kak Miah baru mengandung anak ketiga. Segan kalau
dia akan ada adik seangkatan anaknya atau takut harta ayah yang ada
sikit banyak itu terlepas ke tangan umi. Agaknya.
Tiba-tiba datang pula pelik saya kepada ayah. Kenapa ayah membela -kambing hitam itu. Untuk apa?
"Mana logiknya kambing jaga rumah? Kambing bukan reti menyalak macam
anjing atau bising macam angsa." Siti Fatimah lepaskan kata sebaik
sahaja duduk di sebelah saya di pangkin bawah pokok limau bali ayah.
Terkejut saya, bila masa Siti Fatimah datang? Alih-alih menghulurkan
air kepala muda kepada saya.
"Kambing jaga rumah? Cerita apa ni? Mana pula Cik Mah dengar?"
"Umi cakap. Sebenarnya ini idea Cikgu Jahana. Rupanya dah lama demo
tu, bela kambing. Mat Sahuk jadi gembala. Ikut demo tu, kambing jantan
kalau petajam tanduk, sua kambing jantan lain empat lima kali sehari,
gerenti garang. Hari-hari boleh berlaga. Garenti boleh buat hambat
orang, sedok orang, rembas orang bila-bila masa."
"Mat Sahuk drebar latih kambing sedok orang? Rembas orang?"
Siti Fatimah angguk. Saya menggeleng. Tidak sangka, tidak faham
malah banyak yang tidak-tidak muncul dan berapungan di fikiran saya.
Bela kambing di mana? Habis, kerja di tadika macam mana?
"Kerja Mat Sahuk ambil dan hantar budak, kan?"
"Itu tugas hakiki di kertas tapi sekarang, umi kata Mat Sahuk dah
suka jaga kambing. Umi dah bagi surat amaran, tak jalan juga."
Saya cuba mencari alternatif, "kalau macam tu, ayah boleh buka satu bisnes lagi."
"Ini bukan soal bisnes Encik Wan Hakim sebab Cikgu Jahana yang
keluarkan modal. Hitam tu, cuma eksperimen. Dia bagitahu ayah, kalau
kambing-kambing yang dilatihnya menjadi, dia akan kormersialkan. Tadika
Ibu akan tersohor. Kalau kambing boleh ganti anjing, akan ramai orang
kita ikut serta. Kalau yang malas nak bela, demo akan beli seekor dua
buat jaga rumah. Lagipun, kalau dah malas nak terus bela boleh
sembelih. Buat akikah pun afdal. Serampang mata kiri kanan. Jaga rumah
boleh, jual pun mahal. Nabi pernah bela kambing. Itu sunah juga."
"Fuhhh... macam-macam cerita orang kampung. Fantastik!"
"Fantastik apa kebendanya? Encik Wan tak tengok semalam anak bongsu Encik Wan lari kecamba ligat kena kejar Hitam?"
Saya akur, sudah banyak kali Muhammad Iqram hampir dirembas kambing
hitam ayah. Itu belum masuk bab Siti Asyiqin rebah guling bating
tersepak anak tangga dan Siti Jamilah yang terkencing berjerok di
tengah sutuh bila kambing hitam yang ayah namakan 'Hitam' itu
hampir-hampir menyedok anak sulung dan tengah saya sebab ayah tambat
Hitam dengan tali panjang.
Buat mainan, kata ayah. Memang ayah nampak suka sangat main dengan
kambingnya. Makan pun di tangan. Jinak dengan ayah. Petang-petang ayah
minta umi masak nasi kemudian campur dengan sikit garam dan air. Ayah
bagi kambingnya makan nasi.
komplen"Tapi ni, bukan pasal anak-anak kita
rebah terguling telentang, ni pasal cerita panas tengah gelegak."
Sambung isteri saya. Air kelapa saya letakkan ke pangkin. Saya
hinggukkan kepala ke arah Siti Fatimah.
"Rupanya dua tiga bulan ni, Mat Sahuk banyak dapat komplen dari mak
bapak budak-budak. Demo duk kata, Mat Sahuk tak buat kerja. Ambil anak
orang lambat, hantar balik pun sama sebab duk ghalik dengan kambing.
Itu ganggu jadual harian mak bapak."
"Ala, isu biasa. Mintak Mat Sahuk jadi gembala sepenuh masa kemudian upah orang lain jadi drebar, selesai."
"Dah jadi isu luar biasa Encik Wan Hakim. Budak tadika yang hilang,
yang masuk berita tv tadi, rupanya dari Tadika Ibu. Umi baru call dari
balai polis. Ayah dengan umi kena bagi keterangan."
Tiba-tiba kepala saya berdenyut. Macam mana boleh jadi begitu?
"Tak boleh salahkan ayah dengan umi sebab Mah fikir, demo tu tak
berapa tau. Kan, ayah dengan umi sibuk dua tiga bulan ni. Bulan satu
hari tu pergi umrah, balik dari Mekah sibuk mengundi. Lepas tu, kenduri
kesyukuran rumah Abang Mail di Kedah."
"Eh, bukan bulan tiga Abang Haris naik rumah baru?"
"Yalah, kan ayah dengan umi pergi Kuala Kangsar. Seminggu kemudian
adik umi yang duk Shah Alam naik pangkat. Demo tu, ke Shah Alam pula.
Pendek kata, ayah sibuk akhir-akhir ni. Jadi mungkin ayah tak tahu
banyak benda. Masa ayah dengan umi tak ada, Cikgu Jahana yang jadi
Pengawas. Balik-balik dari Shah Alam itulah ayah dapat Hitam."
Sokong"Macam ada yang tak kena. Tapi kambing tu dari sepupu umi, pekerja dia pula... tak kan ayah tak nak ambil, kan?"
"Sebelum ke balai polis tadi, Cikgu Jahana pesan pada ayah dengan umi, minta sokong Mat Sahuk."
"Polis akan siasat."
"Cikgu Jahana kata, ayah kena nafikan semua tuduhan yang dibuat
kepada Mat Sahuk. Sebagai Pengerusi Tadika Ibu, sebagai orang yang
dihormati kat sini, ayah boleh bersihkan nama Mat Sahuk. Bersihkan nama
Tadika Ibu. Sebagai balasan, Cikgu Jahana akan lobi ayah untuk jadi
Pengerusi Tadika Negeri. Katanya pegawai pemilih tu, saudara dekat
dia."
Saya kebabangan seketika. Mustahil ada, percaya pun ada. Mustahil
ayah akan terpengaruh dengan kata-kata Cikgu Nohjahana. Pada masa itu
kelihatan Hitam di tiang sutuh sedang mengangkat-angkat kaki depannya
lama-lama. Sebentar kemudian meloncat ke kiri kanan. Sebentar
meneran-neran. Anak-anak saya yang duduk di sofa tepi tingkap hanya
merenung Hitam. Sebentar kemudian memandang ke arah kami.
Ketiga-tiganya macam lekat run untuk turun ke halaman.
ii
"Encik Wan Hakim! Mana awak wei... mari... mari tengok berita ni."
Terdengar laungan Siti Fatimah dari ruang tamu. Kebetulan waktu itu
saya baru matikan enjin kereta dan sedang melangkah ke pintu. Dalam
hati berbisik kecil; suami ke masjid pun dia tak tahu. Bini... bini...
"Muhammad Iqram... Jamilah... mana ayah?"
"Bini... saya dah balik!" Jawab saya dengan lagak satu watak dalam
siri animasi kegemaran Muhammad Iqram sambil menolak daun pintu selepas
membuka kunci mangga. Macam selalu kalau saya balik dari mana-mana,
Siti Fatimah tersenggih tetapi dia seperti tertanya-tanya; dari mana?
Saya duduk di sebelahnya kemudian bersuara datar, "bukan balik
menikah satu lagi... balik dari buat Isyak kat semejid. Nasi lauk apa
malam ni?"
Siti Fatimah tergelak manja tanpa menjawab soalan saya sebaliknya
menunjukkan akhbar harian. Telah dipandukan halamannya - pendidikan.
Telunjuk Siti Fatimah cedas tertuju di satu ruang. Terpampang muka
Cikgu Nohjahana dengan keterangan di sebelahnya, 'Presiden baru Tadika
Pantai Timur'.
Sama lintas dengan itu saya teringatkan hari terakhir kami di
kampung. Saya beritahu pada umi untuk balik KL ketika Tadika Ibu masih
menjadi sebahagian dari kes polis. Umi pandang saya dengan mata jernih.
Waktu itu serasa-rasa saya nampak kasih emak di dalam mata umi.
Perlahan-lahan saya capai tangan umi, bawa ke hidung. Kemudian ke mata.
Ada air menitis di bibir mata umi.
[Baca]
Ada hari dia berasa seperti berada di salah sebuah kepulauan di
Caribbean. Hari ini dia berasa seperti berada di Jerlun. Terutama di
saat-saat mendengar gesekan biola Dennis Lau dengan lagu 'Prelude'nya.
Kereta yang sudah berusia sepuluh tahun itu terus melunjur ke alam
nyata, menuju arah gunung ganang yang berlapik-lapik seperti sebuah
lukisan.
Memang pemandangan menuju ke Gunung Senggol dari Kuala Sewang itu
sebuah percutian mahal baginya. Setiap hari dia memandu ke tempat kerja
adalah satu percutian yang indah baginya. Dia bersyukur. Benar-benar
bersyukur kerana mempunyai ruang dan waktu berhenti sebentar untuk
menghidu wangi mawar di jalanan. Arwah Samad meninggal begitu sahaja.
Di atas timbunan kertas kerja projek-projek besar, mengejar masa. Pada
usia 38 dia tidak ada masa untuk bersosial dan pada hari kematiannya,
dia masih teruna. Tanpa baka untuk meneruskan perniagaannya yang kian
meningkat.
Hani memandang jauh ke kawasan pergunungan yang warnanya samar-samar hari ini. Terasa seperti di Black Forest di Jerman.
"Kelemahan umat Islam ialah kerana kita terus menjadi pengguna dan
tidak inovatif mereka sesuatu yang baru," terngiang-ngiang di telinga
Hani ucap utama Profesor Ismaeel yang datang melawat universitinya
kelmarin. Rakan-rakannya tidak habis-habis memuji ilmuan ini.
Macam-macam budi dan jasa yang dipersembahkan pada hari Profesor
Ismaeel melawat kembali institusi yang beliau tolong merangkakannya.
Sukar mempercayai wajah yang begitu bengis telah menyentuh begitu
banyak hati di universiti Hani. Hani masih seorang pelajar sewaktu
Profesor Ismaeel menamatkan tempoh perkhidmatannya di Malaysia sebagai
profesor kontrak. Kata orang, dia tidak mendengar dengan telinganya
tetapi dengan matanya. Maka ramailah yang rasa terbelenggu semasa
berada di bawah pentadbiran Ismaeel. Jika ingin berbelanja, mereka kena
berhati-hati. Tidak ada satu sen pun terlepas dari soal-jawab Profesor
Ismaeel yang dikatakan ramai, tidak mengambil sesen pun gaji yang
dibayar kepadanya. Dia memang sudah sedia jutawan dan datang ke
Malaysia kerana percaya negara ini boleh memimpin negara-negara Islam
yang mundur lainnya.
"Ah..agak berbeza sekarang," fikir Hani. Di jabatannya, polisi
'pejabat hijau' yang diperkenalkan oleh Ismaeel tidak lagi menjadi
amalan. Pendingin udara tidak lagi diletakkan pada suhu 25 Celsius pada
waktu bekerja dan dipadamkan pada waktu rehat. Begitu juga dengan
alat-alat elektrik yang lain. Sekiranya selama ini mereka dapat
menjimatkan RM30,000 sebulan bil eletrik, kali ini tidak lagi mungkin.
Pengganti Ismaeel sepertinya jua, amat teliti dengan perbelanjaan
tetapi seperti yang dinyatakan oleh Ismaeel, seorang pemimpin yang baik
tidak mungkin dapat menjamin kesejahteraan sesebuah institusi atau
negara jika semua yang terlibat tidak sealiran jiwa seperti pemimpin
tersebut. "Tidak mungkin seorang individual bisa merubah segala-galanya
hanya dengan kepintaran beliau seorang," hujah Ismaeel dan ini disambut
oleh para khalayak yang sedang membayangkan keadaan politik semasa di
mana semua orang ingin mengaku bahawa hanya dia yang bertanggung jawab
di atas kejayaan negara ini. Tetapi berapa ramai yang ingin memikul
tanggungjawab itu jika negara ini menjadi seperti negara-negara mundur
lain di dunia. Hani tertanya-tanya.
Hani berhati-hati meletakkan keretanya di tempat yang sudah sedia sempit. Saiz sebuah kubur.
"Hai Hani, awal kau sampai hari ni?" temannya menegur dari celah
tiang dan mula ketawa seolah-olah dia baru bangun dari mimpi yang ngeri.
"Terangsang dengan ucap utama Prof. Ismaeel semalam. Aku tak nampak pun kau? Kau pergi tak?"
"Ada.Semua tu karut saja," kata Siti.
"Maksud kau?"
Dan Siti bercerita panjang di sebalik tiang. Kata Siti idea untuk
memajukan umat ini kadang-kala hanya retorika. Kita masih bercakap,
orang lain dah lama buat, katanya.
"Yah, itulah pun yang cuba diketengahkan oleh Prof. Ismaeel."
"Dan kau terpedaya dengan kata-kata seorang ilmuan yang tidak pandai
menghormati wanita ini? Kita tidak punyai tempat di dalam dunia mereka,
Hani."
"Aku tidak percaya kepada pemisahan jantina. Ini sangat lapuk.
Perjuangan barat sejak lama tetapi tidak harus kita perjuangkan di
sini. Tidak ada isu di Malaysia."
"Kata kau. Tetapi dengan globalisasi kemasukan idea ini pun
mencurah-curah. Koridor-koridor yang kita bina ini... akan menjadi
koridor-koridor gelap jika kita tidak berhati-hati. Takutkan Barat satu
hal, takutkan pembenci wanita, yang tidak sekalipun diajar oleh
Rasulullah kita, adalah satu hal yang paling aku takuti kerana ia
datang bertopengkan Islam," Siti ketawa lagi. Memang sah dia bangun
dari mimpi yang buruk. Giginya yang sumbing juga kelihatan. Siti
sentiasa sibuk walaupun untuk pergi membuat gigi palsu. Sebab itu marah
benar dia bila kehadirannya sebagai seorang pekerja yang komited dan
serius ditidakkan oleh ilmuan-ilmuan seperti Profesor Ismaeel.
"Kau tidak dengar semalam Prof. Ismaeel berkata jawatan doktor tidak
sesuai dengan fitrah wanita kerana pekerjaan itu merampas masa mereka
dari keluarga dan sebagainya?" Mulut Siti berubah menjadi mulut ikan
emas.
"Yah, aku dengar dan aku juga berasa begitu tidak selesa kerana
padaku itu masalah perancangan masa. Kita bisa sahaja mengatur doktor
wanita bertugas di waktu siang dan yang lelaki di waktu malam. Tetapi
aku pun terfikir segala kesulitan waktu kerja itu adalah masalah
pentadbiran yang bisa saja kita selesaikan. Ia tiada kaitan langsung
dengan fitrah wanita."
"There you go! Aku dah kata kadang-kadang ilmuan yang menggunakan label Islam ini mengarut sahaja."
IlmuHani tertanya-tanya sekiranya masalah
yang ada di dunia Islam ini bukan masalah kedangkalan ilmu tetapi lebih
kepada cara fikir terutama tentang wanita mendapat pendidikan tinggi
dan keluar bekerja. Isu yang sepatutnya tidak lagi wujud nampak seperti
telah kembali mendominasi hidup ramai orang. Baik lelaki mahupun
wanita. Hani rasa seperti berjalan bertapak-tapak ke belakang. Di
ketika negaranya bangga dengan peningkatan ramai wanita berpendidikan
tinggi, ada pula suara-suara sumbang menyatakan hal inilah punca
keretakan rumahtangga dan masalah sosial. Di ketika para ibu boleh
mendidik anak-anak mereka dengan ilmu yang lebih dari apa yang
dicurahkan sebelumnya kepada mereka kerana ibu mereka tidak diberi
peluang seperti yang ada pada mereka hari ini, ada pula suara-suara
parau yang mengatakan anak-anak akan lebih terdidik jika ibu-ibu bijak
ini duduk di rumah menjadi guru kepada anak-anak mereka sendiri.
Soalnya, jika ibu-ibu ini tinggal di rumah, kebanyakan masa, anak-anak
mereka sama ada tidur sebagai seorang bayi atau di sekolah sebagai
anak-anak sekolah. Masa terluang ibu-ibu bijak ini sepatutnya digunakan
untuk membentuk negara sebagaimana mereka berjaya membentuk keluarga
mereka sendiri.
Menghormati"Ah Siti. Kau mungkin benar di
dalam penafsiran kau tentang alaf baru yang menakutkan ini," fikir Hani
sambil menghirup kopi pahitnya di pejabat. Tetapi dia menghormati
pilihan yang diberi kepada wanita itu sendiri. Tiada negara yang patut
menjadi sebuah negara tirai besi tetapi Hani bersetuju, hormat kepada
kaum wanita semakin tiada semakin dunia ini bertambah usianya.
Seolah-olah kita di dalam perjalanan pulang ke gua dan akan mula
berkomunikasi melalui lukisan-lukisan di atas batu.
Kerana inilah dia putuskan pertunangannya dengan Mansor. Mansor
tidak faham cara Hani berfikir. "Engkau terlalu Siti," kata Mansor,
kecewa. Mansor bercakap seolah- olah Siti bukan seorang pemikir yang
wajar dihormati.
"I cannot live with a man who is not my father," kata Hani pula. Mansor benar-benar terkejut dengan pengucapan Hani itu.
"Kita putus sahaja," Hani nekad.
Mansor pulangkan balik CD Prelude Hani. Hani pulangkan balik anak patung Barbie kepada Mansor. Tidak mungkin Hani boleh menjadi seorang Barbie.
Tetapi setiap hari juga Hani mendengar cd Prelude yang dipulangkan
Mansor. Dunianya dilema. Pada satu ketika, dia perlu menjadi Barbie.
Pada suatu ketika lain dia ingat pesan ayahnya, "Kita dijadikan Allah
sama sahaja. Yang membezakan kita ialah taqwa."
Dan harga diri. Hani bukan barang hiasan. Hani ingin berkeluarga.
Punya ramai anak dan mempunyai masa untuk memasak dan menjahit untuk
keluarganya. Tetapi Hani juga mempunyai tanggungjawab kepada dunia di
luar dunianya.
"Kita tidak boleh menjadi individual yang mementingkan diri kita
sendiri," kata-kata Professor Ismaeel bergema di setiap tiang yang Hani
lalui. "Kita tidak boleh membina keluarga kita sahaja.Negara kita
sahaja," keras ingatan Professor Ismaeel.
Antara bunyi gesekan biola Prelude dan ingatan Professor Ismaeel,
Hani menutup kedua-dua telinganya. Dia binggung. Mansor. Ummah. Mansor.
Ummah.
"Hei, mengapa kau ni Hani?!!" Siti menjergah dari sebalik tiang lagi.
"Are you OK?" suara Siti cemas bertanya.
Siti membawa Hani ke kafe yang berdekatan. Hani diberinya segelas air berais.
"Engkau perlu cuti. Aku tengok dah dua bulan kau bekerja tak
berhenti-henti. Tempat ini tidak akan kehilangan kita bila kita mati,
kau tau?" Siti mula menjadi ikan mas yang disayangi semua orang.
"Sejak kau putus tunang dengan Mansor, kau jadi teruk. Makan dan
minum tak menentu. Kalau kau tak sanggup berpisah, pergi semula ambil
Barbie kau itu. Rujuk semula," Hani tahu Siti ikhlas mahukan
kebahagiaannya.
"Aku tak tau, Siti. Aku di persimpangan." Hani nampak Siti
menenggelamkan mata hitamnya ke atas. Siti bukan seorang yang romantik.
"Aku tahu kita berada di tahun 2008. Dilema yang aku hadapi ini adalah dilema kaum wanita di tahun 60-an atau 70-an. Lucu, kan?"
"Tidak lucu langsung, Hani. Tidak ada seorang wanita pun yang akan
ketawa," kata Siti sambil meluruskan jubah hitamnya. Di kiri tangannya
dia memegang telefon bimbit dan menghantar SMS.
"Siapa yang kau SMS tu?"
"Kawan. Dia terjumpa barang kau tertinggal di perpustakaan waktu kau pergi memulangkan buku tadi. Sebentar lagi dia datang."
Mereka duduk menghirup minuman masing-masing. Angin bertiup damai.
Hani berasa sedikit bodoh. Masalah yang dihadapinya bukan seperti
mangsa gempa bumi atau taufan di bumi lain. Jika dia tidak bisa
mengendalikan perasaannya, dia tidak mungkin boleh mengendalikan
masalah ummah.
"Saya fikir ini Dr. Hani punya?" tangan yang agak kasar menghulurkan sesuatu kepada Hani.CD Preludenya.
Hani melihat ke atas.
"Mansor!"
Siti beredar dari situ.
[Baca]
Oleh ABD. AZIZ ITAR
aziz.itar@utusan.com.my

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AZIZ Abdullah (kiri)
melakonkan watak Sultan Darshah Alam merupakan antara pelakon utama
pada pementasan bangsawan Jula Juli Bintang Tiga di Panggung Bandaraya,
Kuala Lumpur baru-baru ini.
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PEMENTASAN bangsawan di negara ini agak bernasib baik kerana
kelangsungannya diteruskan oleh banyak pihak termasuklah Jabatan
Kebudayaan dan Kesenian Negara (JKKN) serta persatuan seperti Persatuan
Seni Bangsawan Bintang Timur (PSBBT).
Persatuan itu yang di bawah bimbingan Seniman Negara 2004, Rahman
Abu Bakar atau Rahman B merupakan antara individu yang banyak
memperjuangkan seni pementasan bangsawan sejak tahun 1950-an
sehinggalah kini.
Fakulti Teater di Akademi Seni Budaya dan Warisan Kebangsaan
(Aswara) turut tidak ketinggalan membantu menghidupkan lagi bangsawan
menerusi kursus-kursus yang ditawarkan menerusi fakulti tersebut sejak
beberapa tahun lalu.
Jula Juli Bintang Tiga merupakan naskhah bangsawan terbaru arahan
Rahman B yang dipentaskan di Panggung Bandaraya, Kuala Lumpur,
baru-baru ini. Ia menampilkan cerita lisan yang umumnya diperturunkan
secara turun temurun masyarakat dahulu kala.
Watak-watak seperti Maharaja Jin Beragas dan pari-pari merupakan
antara watak-watak yang sinonim dipertontonkan menerusi cerita
bangsawan yang berkonsepkan mitos.
Sebagai aktivis bangsawan, beliau seolah-olah mahu mempertahankan
gaya lakonan, dialog dan penampilan karakter-karakter dalam bangsawan
ini tanpa banyak mengubah daripada versi asalnya sama seperti ia
dipersembahkan dari dulu hinggalah kini.
Para penonton seakan-akan sudah dapat meneka jalan cerita dan
klimaks sesebuah cerita bangsawan, tetapi elemen itu sukar untuk
dipertikaikan kerana ia merupakan identiti bangsawan sejak dari dulu
lagi.
Tetapi bagi penulis skrip mahupun pengarah bangsawan mereka
sebenarnya masih boleh melakukan pelbagai anjakan bagi mengubahsuai
dialog dan jalan ceritanya supaya ia lebih segar serta tidak nampak
terlalu stereotaip.
Pendekatan itu contohnya, boleh dilakukan dengan menggunakan elemen
moden seperti sains dan teknologi terkini dalam pengisahan
cerita-cerita bangsawan fantasi termasuklah dalam Jula Juli Bintang
Tiga.
Ini kerana, pementasan bangsawan yang berkonsepkan fantasi seperti
itu mempunyai sedikit kelonggaran demi mempelbagaikan lagi jalan
cerita, watak-wataknya bagi menarik perhatian lebih ramai penonton.
Malah, banyak lagi elemen lain yang berteraskan dunia teknologi hari
ini yang boleh diaplikasikan dalam jalan cerita pementasan bangsawan
seperti itu sesuai dengan perubahan zaman bagi menarik perhatian
terutamanya generasi baru.
Sayangnya, ruang pendekatan seperti itu belum diguna pakai oleh para
pengkarya bangsawan genre itu di mana masih banyak idea yang tanpa
batas sempadan belum digali serta digunakan sepenuhnya.
Diharap di lain masa, Rahman B mahupun aktivis bangsawan lain akan
lebih aktif serta berani untuk memaparkan kelainan atas nama tiket
genre fantasi yang sepatutnya mampu melangkaui pemikiran para penonton.
Penggunaan dialog cerita-cerita sebegini juga sepatutnya tidak
terikat ataupun terikut-ikut seperti gaya pementasan bangsawan yang
lebih berorientasikan budaya dan tradisional Melayu.
Tidak dinafikan karya arahan Rahman B itu memperlihatkan
kepelbagaian beliau dalam mementaskan bangsawan yang turut meliputi
seni berteraskan tradisional dan boleh dianggap klasik dalam susur
galur budaya masyarakat Melayu.
Sebelum Jula Juli Bintang Tiga, Rahman B misalnya, pernah
mengarahkan pementasan bangsawan Raden Galoh yang merupakan sebuah epik
klasik yang amat popular, juga ditempat yang sama baru-baru ini.
Tidak seperti cerita fantasi, bangsawan tradisional lebih terikat
dengan etika yang membabitkan soal pengekalan nilai-nilai keaslian
budaya termasuklah bahasa klasik, kostum tradisional Melayu, adat
istiadat, protokol istana dan prob yang menggambarkan suasana purbakala.
Jula Juli Bintang Tiga antara lain mengisahkan Cincin Mustika Bumi
kepunyaan Sultan Darshah Alam yang disambar seekor burung ketika
baginda sedang bermain bola bersama anak-anak menterinya di tepi sebuah
tasik.
Baginda kemudiannya terlihat seorang puteri memakai cincin yang
hilang itu di atas seekor angsa dan meminta supaya dikembalikan barang
berharga tersebut kepadanya.
Insiden itu akhirnya merupakan suatu titik mula pertemuan Sultan
Darshah Alam hingga baginda bertemu jodoh dengan puteri tersebut
walaupun tanpa mengetahui asal usul permaisurinya itu.
Penggunaan kostum dalam pementasan ini juga boleh dipelbagaikan bagi
membezakannya dengan pementasan lain, misalnya dengan melakukan tokok
tambah bagi menampilkan identiti yang berbeza pada watak-watak dalam
bangsawan ini.
Sebagai contohnya, watak pari-pari boleh dipelbagaikan dengan tidak
hanya bergantung kepada sepasang sayap kecil yang membolehkannya
terbang di mana ia boleh digantikan dengan peralatan moden lain bagi
tujuan tersebut.
Perkara itu tiada cela atau salahnya asalkan ia sesuai dan kena
dengan jalan cerita bangsawan yang berkonsepkan seperti ini demi
memastikan para penonton dapat menggunakan medium ini sebagai suatu
elemen escapism (pelarian dari dunia nyata).
Jika tidak, cerita-cerita bangasawan seperti itu mungkin sekadar
mampu menarik perhatian golongan kanak-kanak sahaja dan ia mungkin akan
menyebabkan para penonton dewasa mudah menguap ketika mereka menonton
pementasan seperti ini.
Jula Juli Bintang Tiga yang dibarisi oleh 16 pelakon penting tidak
mengecewakan para penonton kerana kebanyakan mereka memang
berpengalaman dan cukup popular dalam dunia pementasan bangsawan
tempatan.
Difahamkan selepas ini bertempat di panggung yang sama banyak lagi
pementasan bangsawan seperti Raja Bersiong, Tok Arau, Raden Mas dan
Musang Berjanggut turut akan dipentaskan.
Cuma diharap semua pementasan itu dapat dilakukan perubahan dan
penambahan sesuai dengan keperluan jalan ceritanya agar ia tidak sama
dengan pementasan bangsawan-bangsawan lain sebelum ini.