Where did the money go?

There will always be prophets of doom, I guess, forecasting the end of the world. The care-taker at the school where I work insists that the Koran tells of a war-to-end-all -wars in the Middle East, followed by the final Day of Judgment. Who knows? Turkey and the United States look to be on a collision course right now. Who’ll blink first, I wonder? Or will they actually come to blows?

But getting back to the economy, that is no doubt the biggest danger. Wars are generally a side effect of the uber-rich seeking new ways of grasping more of the world’s wealth to themselves and ensuring that the rest of us are kept in our place.

Dropped wallet

Bill Gates lost $2.25 billion!

Last Monday the US Dow Jones Industrial Average dropped more than 1,500 points, and I read that the fortunes of the world’s 500 richest people, including Warren Buffett, Mark Zuckerberg and Jeff Bezos, fell by $114 billion.

“Berkshire Hathaway Inc. chairman Warren Buffett, the world’s third-richest person, was hardest hit, losing $5.1 billion, according to the Bloomberg Billionaires Index.

“Facebook Inc. Chief executive officer Mark Zuckerberg’s fortune tumbled by $3.6 billion, the second-biggest decline.

“Even Amazon.com Inc. chief executive officer Jeff Bezos, the world’s richest person, wasn’t immune to the carnage. His fortune slipped $3.3 billion to $116.4 billion. Alphabet Inc.’s Larry Page and Sergey Brin each took hits of about $2.3 billion.”

pickpocket-barcelona

Sheldon Adelson lost $1.21 billion!

Time Magazine reported that nineteen people in the world managed to lose $1 billion or more each. See the list here.

Since, then, things seem to have settled down, and economist lackeys of the capitalist world are reassuring us that “what happened to the markets amounts to a correction rather than a crash.”

On the other hand, an aristocratic-sounding fellow writing in the UK’s Daily Telegraph, Ambrose Evans-Pritchard, says “The Fed and fellow central banks have stimulated a titanic expansion of debt over the last quarter century: an asymmetric policy of letting booms run their course while always intervening to prevent busts, culminating in the final throw of QE.

This has driven down the natural Wicksellian rate of interest and led to grievous intertemporal distortions. It has lifted the world debt ratio by 51 per cent of GDP to 327 per cent since the pre-Lehman peak, and led to a synchronised “everything bubble”, from bonds, equities, property, to art and Bitcoin.”

I confess I got lost with some of the jargon. The “natural Wicksellian rate of interest” and “intertemporal distortions” sound like things Douglas Adams might have invented, but Mr E-P does sound a little worried, doesn’t he! In fact, he began his analysis with the words, “Say your prayers”.

Well, I guess if you have $120 billion to start with, losing a paltry $3 billion is not going to worry you unduly. I’m wondering, however, if there weren’t a few people in the USA, outside the billionaire bracket, who took losses they couldn’t afford. I haven’t read anything about them, however, so I’m purely speculating.

But the real issue that concerns me here is not the small change of a few filthy rich planet-rapers, nor even ma and pa investor in homeland USA.

The question I want an answer to is: Where did that money go? It’s not as though young Mr Bezos left his wallet on the bus with $3.3 billion in it, and some lucky guy found it; or Warren B had an envelope stuffed with $5.1 billion in his back pocket, and someone snatched it. That I can understand. I lose money, you find it, lucky you.

Funny-Disney-Dollars-Picture

Just have faith, people, and everything will be fine!

But this money, as far as I understand, actually disappeared into thin air. No one is any better off as a result. How can this be? What does that say about what money actually is if it can just vanish without trace? And that, of course, begs the question, where did it come from in the first place?

Until we all start to focus on demanding answers to these questions, or maybe seeing the answer that is under our nose, instead of allowing ourselves to be distracted by red herring minority interest social issues, our world is surely on the road to Armageddon – and those uber-wealthy zillionaires and their lapdog economist experts are running out of Band-Aid solutions.

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Antique collectors funding terrorism

The proceeds would have gone to YPG/PYD

gold

Sumerian gold jewellery

In five separate operations, Istanbul police seized 3,500 year-old Sumerian jewellery, Assyrian and Akkadian seals and Ottoman and Seljuk artifacts. It was understood that the historical artifacts were removed from historical graves in parts of Syria controlled by the PYD, and proceeds from sale of the priceless artifacts would be given to the terrorist organization. Nine people were detained.

Teams from departments responsible for the control of smuggling received information that tombs in regions of Syria under the control of the terror organisation PYD had been opened and the historical artifacts would be brought to Turkey and sold abroad. Following investigations, five separate operations were carried out in two weeks.

Searches were carried out at several addresses, including an antique shop, and artifacts seized included: 153 gold objects belonging to the 3,500 year-old Sumerian culture; religious statuettes from the Byzantine period; and bronze cooking implements from the Seljuk period.

During the two-week operation, nine people were taken into custody, among them an antique dealer. The nine were released after completion of legal formalities.

All the seized artifacts were handed over to the Istanbul Directorate of Museums.

sumerian artefactsContraband Goods police also seized 26,400 historical artifacts last month. In an exercise labeled “Zeus Operation”, dozens of priceless artifacts were seized including a sword belonging to the Mycaenean culture, known as the Sword of Achilles, a bust of Alexander the Great in the style of an Indian god, the royal crown of Helius and a silver medallion of Caesar. Eleven of the thirteen suspects were taken into custody.

The Mycaenean sword had drawn particular international attention. It is understood that the Police had received dozens of thank you phone calls after this operation.

There is no way to prevent artifact smuggling without genuine cooperation between countries, Turkey’s Culture and Tourism Minister Numan Kurtulmuş said on Jan. 29.

“It is impossible to completely prevent historical artifact smuggling without the sincere cooperation of countries, just as it’s not possible to prevent the global dimension of terror without sincere cooperation in fighting terrorism,” Kurtulmuş said at a ceremony in the capital Ankara showcasing historical artifacts recently repatriated to Turkey.

[My translation]

Can Turkey do anything good?

I’m translating for your information an article I came across in our Turkish daily this morning

No one knows we are looking after 3.5 million refugees

On Wednesday, Turkey’s Deputy Prime Minister, Mehmet Şimşek, participated in a panel discussion at the World Economic Forum in Davos, Switzerland. The session, chaired by well-known New York Times writer, Thomas Friedman, was titled “Finding a new equilibrium in the Middle East”

davos refugees

Wilful ignorance? Or just plain ordinary ignorance?

[Others on the panel were Anwar Gargash, Minister of State for Foreign Affairs of the United Arab Emirates, Adel bin Ahmed Al Jubeir, Minister of Foreign Affairs of Saudi Arabia, Sheikh Khalid Bin Ahmed Al Khalifa, Minister of Foreign Affairs of Bahrain, and Ursula von der Leyen, Federal Minister of Defence of Germany; Member of Board of Trustees of the World Economic Forum.]

When Mr Şimşek mentioned that Turkey was currently hosting 3.5 million refugees from Syria, and if you included those from Iraq, the total reached 3.7 million, Friedman expressed surprise.

“Did you say 3.5 million?” he asked Şimşek.

Isn’t it rather strange that Friedman, who knows the Middle East very well, and has been writing about the region for years, wouldn’t know this figure?

Clearly, we have been unable to sufficiently publicise how many refugees we have in our country, and what we are doing for them.

Certainly, there is no excuse for Friedman’s not knowing the actual extent of the refugee crisis caused by the ongoing war in Syria. Spokespersons for the United Nations Refugee Agency have been speaking out on the issue for years and calling on First World nations to provide more assistance.

On the other hand, “experts” in the west seem to know some things about Turkey with absolute certainty:

  • They “know”, for example, that Turkey is responsible for the genocide of one-and-a-half million Armenians in 1915.
  • They “know” that Turkey invaded the island of Cyprus in 1974, divided it in two, and refuses to leave.
  • They “know “that Turkey has been buying oil from ISIS terrorists and supplying them with weapons.
  • They “know” that Turkey has more journalists in prison than any other country in the world.

Pretty much anything bad about Turkey, Western media are happy to circulate uncritically – but when it comes to giving credit for positive actions and achievements . . . ZILCH!

So, is Turkey at fault for not getting its message across? Or is it that Western interests don’t want to know? Draw your own conclusions.

Is the USA working with terrorists?

TCA Statement on the PKK-YPG Connection

The Turkish Coalition of America is concerned about the recent disagreement between the United States and Turkey regarding apparent U.S. plans to help a PKK-linked Syrian Kurdish militia set up a 30,000 person “Syrian Border Security Force.” Turkish President Recep Tayyip Erdogan called the move nothing short of establishing a terror army along Turkey’s border and warned of the “unintended consequences” as Turkey vows to “suffocate” the terrorists.[i] The Turkish Ministry of Foreign Affairs also issued a statement condemning the US for not consulting with Turkey as a member of the anti-ISIL coalition and for its continued cooperation with the PKK-linked People’s Protection Units (YPG).[ii] 

ypg

Screenshot depicting YPG guerillas after they dedicated the fall of Raqqa to PKK leader Abdullah Ocalan and unfurled an imposing flag with his image. Ocalan is serving a life sentence in prison in Turkey.

Turkey has vociferously opposed the U.S.-led coalition’s close cooperation with the YPG since the Obama administration. In May 2017, the Trump Administration began to directly arm the Syrian Democratic Forces (SDF.) The primary component of the SDF receiving U.S. military assistance has been the YPG Kurdish militia, which is the armed wing of the Syrian People’s Democratic Party (PYD), which is a subdivision of the Kurdish Workers’ Party (PKK.) The PKK is an armed terrorist organization, listed as such by the United States under section 219 of the Immigration and Nationality Act.

Turkey perceives the creation of a PKK-affiliated Border Security Force as a national security threat along its southern border. While the Trump administration still views the YPG as the most effective fighting force against ISIL, it apparently fails to acknowledge Turkey’s decades-long fight against PKK terrorism. The US also has provided no guarantees that the equipment being provided to the YPG will not work its way into the hands of PKK terrorists inside Turkey. Further, the US has provided no timetable for the eventual disbanding and disarming of this force

Read more

Turkey securing its border – USA supporting terrorists

jacinda's baby

Wanna see my baby bump?

I returned to Istanbul on Sunday after a 17-day trip to the idyllic South Sea Islands, where media attention was focused on the pregnancy of the recently elected Prime Minister, and whether she would have a boy, a girl, or some more politically correct, post-modern variation of one or the other. And what did I find back here? Turkey on the brink of war with the United States of America!

Of course, you will be aware that the Turkish military has begun conducting air and land strikes across its border into Syria, targeting Kurdish irregular forces holed up in the Afrin region. I don’t know what picture of this your local media have been presenting. What little coverage I saw downunder was portraying Turkey as the aggressor, ruthlessly bombing innocent Kurdish civilians in its ongoing suppression of those people’s righteous struggle for a national homeland.

Afrin map

Make sense of that, if you can – and put yourself in Turkey’s shoes for a moment

Well, I’m not going into a lengthy analysis of the Kurdish situation in the Middle East. Millions of Kurdish people live in Turkey, and I suspect the vast majority of them are mostly interested in working to make a better life for themselves and their children. Given the option, few of them would relocate to a mountainous landlocked state in the Middle East, however oil-rich it might be. Despite the nay-sayers, the lives of most Kurdish people have improved enormously under the present government of Turkey, in terms of recognising their ethnic identity, supporting Kurdish language TV channels and encouraging economic development in eastern Turkey.

Undoubtedly, not all Kurds are happy campers. Just as in New Zealand, where elements among the native Maori population will not be satisfied until white NZers have gone back to Scotland, or wherever our ancestors came from, there are militant nationalist Kurdish elements ready and willing to employ violent tactics to achieve – whatever it is they want to achieve.

Rose Gottermoeller, Deputy General Secretary of NATO, speaking in Ankara the other day, acknowledged that:

Turkey is among the NATO members “most affected by terror attacks” and NATO fully recognizes the threat posed to it . . .

“Turkey has really suffered from terrorism in recent years and has a very serious problem. It is among the NATO allies that suffer the most attacks in recent years and we do recognize that fully,” [she said].

schooling

Syrian children attending school in Turkey

She could have gone on to add that, since civil war broke out in Syria in March 2011, the people of Turkey have been obliged to host and care for nearly four million refugees fleeing the violence – with precious little aid from their wealthy NATO allies.

Those refugees have been flooding across an 822 km land border between the two countries – a border than runs through some pretty mountainous and inhospitable geography, near impossible to police. Needless to say, among the hopeless, helpless and harmless multitudes, there are a few malcontents taking advantage of the situation to enter Turkey with a view to causing mayhem. There are also young men passing the other way, fired up by ideology or boredom, seeking to join one side or the other in the Syrian conflict – a relatively minor aspect that Western media have chosen to focus on.

Security forces in Turkey are quite proficient at maintaining order – given the geo-political turbulence in the region, they need to be. Their task is made more difficult, however, by support provided to local terrorists by interested groups across the border in Iraq and Syria.

Turkey has long complained about American support for Syrian Kurdish militias, which it says have emboldened the Kurdish separatist movement that Ankara considers a threat to its territorial sovereignty and is prepared to go to great lengths to counteract. Turkish officials say that this has allowed weapons and support to reach the outlawed the Kurdistan Workers’ Party, or P.K.K., which is considered a terrorist organization by the United States and Europe and has waged a decades-long insurgency in Turkey.”

Those militias have been strengthened for many years by the United States government supplying arms, training and financial support. As far back as 1991, George Bush the Father was conducting Operation Provide Comfort, supporting Kurds in Northern Iraq. A few years later, George the Son was enlisting the aid of Iraqi Kurds in his crusading mission to rid the world of Saddam Hussein and his non-existent weapons of mass destruction. What did George Dubya and his cronies promise Masoud Barzani in return? An independent Kurdistan? And why would they do that? Anything to do with having a grateful, oil rich puppet state in the middle of the Middle East, I wonder? Draw your own conclusions.

They-lied-about-Iraq-Afghan-Libya-Syria-IranAnd more recently, Big Donald, the Holy Ghost, has been succouring Kurdish militants in north-west Syria. A senior American commander, according to the New York Times, “praised the partnership with the Kurds, whose help was critical in a major American airstrike on the Islamic State, also known as ISIS, over the weekend.”

“Senior Pentagon officials and American commanders,” the article continued, “say that the Syrian Kurds will most likely serve as the backbone of the allied forces on the ground in Syria for months to come.”

“Echoing earlier comments by Defense Secretary Jim Mattis, the commander of the United States Central Command, General Joseph L. Votel, said in an interview last month that American forces would remain in eastern Syria, alongside their Syrian Kurdish and Arab allies, as long as needed to defeat the Islamic State.”

On the other hand, the same article referred to a White House message “aimed at mollifying Turkey’s president on Tuesday, suggesting that the United States was easing off its support for the Syrian Kurds.”

“. . . the White House disavowed a plan by the American military to create a Kurdish-led force in northeastern Syria, which Turkey has vehemently opposed. Turkey, which considers the Kurdish militia a terrorist organization, fears the plan would cement a Kurdish enclave along its southern frontier.

“That plan, a senior administration official said Tuesday, originated with midlevel military planners in the field, and was never seriously debated, or even formally introduced, at senior levels in the White House or the National Security Council.

“The official, who spoke to reporters on condition that he not be identified, also said that the United States had no connection to the Kurds in the northwestern Syrian city of Afrin, where the Turkish military has launched an invasion in recent days.

“And he drew a distinction between allies — a term he said had legal connotations — and partners in a combat mission, like the Kurds. America’s actions on the ground in Syria, he said, would be driven by a calculation of its interests.”

Meaning the United States’ interests, of course. And if US interests conflict with those of its loyal NATO allies, the allies can go hang. Nevertheless, countries like Turkey do have their own national interests, especially since they are somewhat closer to ground zero in Syria than most Americans. Our English language Turkish daily, Hurriyet Daily News has this to say about the US’s “combat partners”:

The YPG is the armed wing of the Democratic Union Party (PYD) and is the Syrian branch of the outlawed Kurdistan Workers’ Party (PKK). The PKK has been fighting Turkey for decades and is designated a terrorist by numerous countries, including the U.S. Former Defense Secretary Ashton Carter even admitted during a congressional hearing in April 2016 that the YPG and the PKK were “organically linked.”

This is why U.S. Special Forces Commander General Raymond Thomas asked YPG personnel to rename themselves, in order to circumvent NATO ally Turkey in the anti-ISIL alliance. “With about a day’s notice they declared they were the Syrian Democratic Forces [SDF],” Thomas said at the July 2017 Aspen Security Forum in Colorado.

He continued mockingly, amid laughter from the audience. “I thought it was a stroke of brilliance to put ‘democracy’ in there somewhere,” he said. “But it gave them a little bit of credibility. I was lucky to have a great partner like Brett McGurk with me, because they were asking for things that I couldn’t give them. They wanted a seat at the table, whether it’s Geneva, or Astana, or wherever the talks are happening about the future of Syria. But because they have been branded as the PKK they could never get to the table. So we paired them militarily and McGurk was able to keep them in the conversation.”

What’s in a name? Rename a Kurdish terrorist as a loyal US partner fighting for democracy in Syria against an evil dictator, and all will be well.

Turkey’s President, Recep Tayyip Erdoğan, however, as he often does, is calling out the United States government for its hypocrisy.

“The U.S. is urging that [Turkey’s Operation Olive Branch] should not last too long and should be conducted within a certain time frame. I ask the U.S.: Does your operation in Afghanistan, which you launched more than 10 years ago, have a certain time frame? When will it be completed? You are also still in Iraq, aren’t you? Do these kinds of operations have a certain time frame?” Erdoğan added.

So where does that leave us, we helpless observers of the great global imperialist game?

“Terrorists in Manbij are constantly firing provocation shots,” Turkey’s foreign minister, Mevlut Cavuşoğlu, said the other day. “If the United States doesn’t stop this, we will stop it.

A Turkish assault on Manbij could bring its forces into direct conflict with the Americans, with unpredictable results.

The NY Times correspondents wrote, “Robert S. Ford, a senior fellow at the Middle East Institute and a former Ambassador to Syria, wrote in an analytical column that Turkey’s military operations in Syria demonstrated the difficulties of the American position. Turkey’s brushoff of American concerns made the United States look weak, Mr. Ford wrote, adding that some Kurdish observers were accusing America of being an unreliable ally.

“Over the longer term, it is hard to see how the U.S. will secure its stated political goal of stabilization in eastern Syria and genuine governance reforms in Syria,” he wrote.

syria war

Babies in Syria

Murat Yetkin, writing in Hurriyet Daily News, observed, “It is not hard to see that such a relationship [between the US and Kurdish militant groups] must end at some point, because it is not right. The partnership even evokes memories of the U.S.’s arming of Islamist tribes in Afghanistan to fight the Soviet invasion.”

Well, of course I wish the people of New Zealand, their Prime Minister and her principal care-giving partner joy and happiness in their new First Baby. I’m pleased, however, to be back in a part of the world where issues of genuine global importance receive more attention.

Quotes we all need to read!

Image: http://www.izquotes.com {Hat Tip to Information Clearinghouse} The Roots of Violence: Wealth without work, Pleasure without conscience, Knowledge without character, Commerce without morality, Science without humanity, Worship without sacrifice, Politics without principles. Mohandas K. Gandhi: “The person that loses their conscience has nothing left worth keeping.” Izaak Walton: “Every outcry against the oppression of some […]

via Even More Quotes #9 — An Outsider’s Sojourn II (The Journey Continues)