News & Analysis
Contrived Chaos in Egypt as IMF Considers Withdrawal of US$5 Billion
Mursi crisis leaves Egypt's economic plan, IMF deal hanging in the balance ... When the International Monetary Fund (IMF) board meets in a few weeks to consider a nearly $5 billion financing agreement for Egypt, its members will need to ensure that the economic outlook for the country has not changed and, perhaps more pertinently, that the government is capable of successfully implementing its economic reform program. ¡Concern is mounting in financial circles over IMF approval as the country is gripped by a wave of protests against a presidential decree issued on Nov. 22 by Egypt's Islamist leader Muhammed Mursi granting himself sweeping powers and putting his decisions beyond judicial review. – Alarabiya.net
Dominant Social Theme: What's happened in Egypt was entirely unexpected.
Free-Market Analysis: From bad to worse in Egypt, but we can't say we're surprised. Can you? We've written that the West is engaged in a process of destabilizing the Middle East and replacing secular governments with Islamic ones controlled by the Muslim Brotherhood. See articles here, for example:
The Muslim Brotherhood is in turn reportedly controlled by the CIA. And thus, Muhammed Mursi's dictatorial moves are probably not entirely his own idea. From our standpoint as analyzers of what we've come to call directed history, Mursi and his authoritarianism are part of a larger scenario.
A power elite is behind these events, in our view, a group of impossibly wealthy banking families and their enablers and associates. The goal is world government. The tools are fear-based promotions that often deal with scarcity in such areas as food, water and energy.
But the war on terror is one such meme, as well. And Mursi's behavior would constitute a subdominant social theme. The terrorists are everywhere and they are taking over in Egypt, too, and acting irrationally.
Now as so often happens with this sort of directed history, another wrinkle is added. The IMF may withdraw funds because of Mursi's actions. Here's some more from the article:
When the International Monetary Fund (IMF) board meets in a few weeks to consider a nearly $5 billion financing agreement for Egypt, its members will need to ensure that the economic outlook for the country has not changed and, perhaps more pertinently, that the government is capable of successfully implementing its economic reform program.
Concern is mounting in financial circles over IMF approval as the country is gripped by a wave of protests against a presidential decree issued on Nov. 22 by Egypt's Islamist leader Muhammed Mursi granting himself sweeping powers and putting his decisions beyond judicial review.
"Consideration of the agreement by the IMF Executive Board will require that there is no major change in the economic outlook and implementation plans," said Wafa Amr, IMF spokesperson.
Amr added that the IMF will also be looking for assurances from other donors - such as the United States, the EU and international financing institutions- that their share of financing will also be forthcoming. It is as yet unclear how the President's decisions and backlash against them will affect external financing agreements between the Egyptian government and these partners.
However, local media quoted an IMF source as saying Mursi's declaration could delay the loan and economists cautioned that the latest political deadlock pitting Islamists against secular and liberal groups poses risks to the IMF program.
This, of course, is the crux issue. For one reason or another the powers-that-be want to create radical disaffection and chaos in Middle Eastern countries. Tunisia and Libya seethe with violence and Egypt is well on its way.
The reality is that this sort of directed history is intended to create further disaffection between the Christian West and Islamic East. This sort of tension, creatively utilized, manifests itself in further Western authoritarianism and militarism.
From the standpoint of the Middle East, such activities radicalize youth and create a kind of self-fulfilling prophecy regarding increasingly strident Islam. Let the IMF forego its funding and further chaos will befall Egypt.
Conclusion: It will seem logical, even inevitable but in fact it may be a malicious plan.
Posted by Bobby7 on 12/04/12 10:18 AM
This is 1 of 19 articles on this issue, you & your readers should Google them. Its mind boggling!
THE POWER ELITE AND THE MUSLIM BROTHERHOOD
By Dennis L. Cuddy, Ph.D.
June 27, 2011
Click to view link
Power Elite (PE) agent Lord Herbert Samuel was one of the first to refer to the establishment of a 'new world order' (House of Lords, May 16 and August 7, 1918). As a member of the Milner Group that controlled British foreign affairs from the beginning of the 20th century until WWII, Samuel in 1921 appointed Hajj Amin al-Husseini as Mufti and head political administrator of Arab Palestine. Lord Alfred Milner, who was in charge of executing PE member Cecil Rhodes' secret 'scheme to take the government of the whole world,' on June 27, 1923 in the House of Lords said regarding Palestine that there 'must always remain not an Arab country or a Jewish country, but… an international country in which all the world has a special interest-I think some Mandatory Power will always be required.'
While al-Husseini was in Palestine, Hassan al-Banna founded the Muslim Brotherhood (MB) in Egypt in 1928, and it has been from this organization that radical Islamic groups such as Hamas, Islamic Jihad, and al Qaeda have come (Mark Hosenball and Michael Isikoff of Newsweek have reported connections between al Qaeda and MB members Mamoun Darkazanli and Youssef Nada). Former CIA agent Robert Baer in Sleeping With the Devil explained how the U.S. 'made common cause with the [Muslim] Brothers' and used them 'to do our dirty work in Yemen, Afghanistan and plenty of other places.'
In the 1930s, the MB supported Adolph Hitler (distributing his Mein Kampf), and by 1936 with only 800 members began to oppose British rule in Egypt. By 1938, the MB's membership had grown to 200,000, and by the late 1940s to at least a half million.
In 1933, when Adolph Hitler came to power in Germany, Young Egypt (Green Shirts) was also founded in October of that year by Ahmed Hussein who had been greatly influenced by al-Husseini. Young Egypt supported Hitler and the Nazis, and one of its early members was Anwar Sadat who helped the Nazis during WWII. In a September 18, 1953 letter to the Egyptian news daily Al Mussauar, he expressed his admiration for Hitler.
During WWII, President Roosevelt was no real friend of the Jews. In Secretary of State Edward Stettinius' papers, he wrote that during FDR's meeting with Stalin at Yalta (February 4-11, 1945), Stalin asked FDR if he intended to make any concessions to King Saud of Saudi Arabia. And then Stettinius wrote:
'The President replied that there was only one concession he thought he might offer, and that was to give him the 6 million Jews in the United States.'
The outrageousness of this remark by FDR is perhaps rivaled only by the hypocrisy of his 'Day of Infamy' speech regarding the Japanese attack on Pearl Harbor on December 7, 1941, because two weeks earlier (Nov. 25) he had talked with Secretary of War Henry Stimson about how they 'should maneuver them [Japan] into the position of firing the first shot'!
This quote comes from the diary of Stimson, who was a Council on Foreign Relations member as well as the Skull & Bones member who initiated George H.W. Bush into the same Yale University secret society.
After WWII, Gamal Abdel Nasser (a leader of Young Egypt) led the July 1952 coup against the monarchy in Egypt, becoming president in 1956. At first, the CIA indirectly supported Nasser. In The Game of Nations, CIA agent (in Egypt) Miles Copeland revealed the agency subcontracted more than one hundred Nazi specialists in security and interrogation techniques to help Nasser. However, as Nasser grew stronger, CIA director Allen Dulles saw him as a threat who could ally Arabs and Muslims far beyond Egyptian national boundaries. Copeland said Dulles told him,
'If that Colonel [Nasser] of yours pushes us too far, we will break him in half.'
The MB had originally supported Nasser, and the 1952 revolt, but they became disenchanted with him when it became apparent he would not establish an Islamic state. They were blamed for an assassination attempt on him in 1954, and according to Copeland, interrogations of MB members after the attempt revealed they were merely a 'guild' that fulfilled the goals of western interests:
'Nor was that all. Sound beatings of the Muslim Brotherhood organizers who had been arrested revealed that the organization had been thoroughly penetrated, at the top, by the British, American, French and Soviet intelligence services, any one of which could either make active use of it or blow it up, whichever best suited its purposes.'
On the book jacket for Devil's Game: How the United States Helped Unleash Fundamentalist Islam (2005) by Robert Dreyfuss, one reads:
'Among the hidden stories of U.S. collusion with radical Islam that Dreyfuss reveals here are President Eisenhower's 1953 Oval Office meeting with a leader of the Muslim Brotherhood, and the United States' later alliance with that group and their Saudi patrons against Egypt's President Nasser. Dreyfuss meticulously documents the CIA's funding of the Iranian ayatollahs in the coup d'etat that restored Iran's shah to power, the United States' support for Saudi Arabia's efforts to create a worldwide Islamic bloc as an antidote to Arab nationalism, and the longstanding ties between Islamic fundamentalists and the leading banks of the West. With clarity and rigor, Dreyfuss also chronicles how the United States looked the other way when Israel's secret service supported the creation of the radical Palestinian group Hamas…. Devil's Game reveals a history of double-dealing and cynical exploitation that continues to this day-as in Iraq, where the United States is backing radical Islamists, allied with Iran's clerics, who have surfaced as the dominant force in the post-Saddam Hussein Iraqi government.'
The Saudis were opposed to Nasser and became the primary supporters of the MB on the Arabian Peninsula and beyond. According to author Martin Lee in Razor Magazine (2004), MB members were 'employed as teachers and imams in Saudi mosques, schools and government agencies, where they promoted the extremist doctrine of Sayyid Qutb, the Brotherhood's leading scribe and theorist… [who] provided a Koranic justification for violence… [against] corrupting Western influences…. One of [Osama] bin Laden's instructors in religious studies was… the exiled brother of Sayyid Qutb, who taught classes on the imperatives and nuances of Islamic jihad…. Muslim Brotherhood veterans have played a prominent role during every phase of bin Laden's terrorist odyssey.
As a college student he was mentored by Abdullah Azzam, a Palestinian [Muslim] Brother…. Bin Laden transferred his base of operations to the Sudan in 1991. For the next five years, bin Laden and his inner circle were holed up in Khartoum courtesy of Sheikh Hassan al Turabi, the Sorbonne-educated head of the Muslim Brotherhood's Sudanese branch…. Bin Laden [went] back to Afghanistan in 1996…. [Al Qaeda member] Khalid Sheikh Mohammed… self-described mastermind of the 9/11 operation… cut his teeth on the Kuwaiti chapter of the Muslim Brotherhood.' For part two click below.
© 2011 Dennis Cuddy - All Rights Reserved
Posted by Danny B on 12/03/12 10:36 PM
If you listened to pastor Williams, you know that the oil majors want unrest in MENA. Sure enough, that is what is expected.
Click to view link
Deja vu all over again.
"Egypt imports half its wheat, and the collapse of its external credit means starvation."
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That was in 2011.
"15 million Egyptians do not earn a sufficient income to purchase an adequate level of nutrition"
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15 million dinner tables that must be provisioned by GOV from imports.
Sounds like the dinner party from hell.
I traveled around Egypt by road and felluca. I had no problem with the people. They made the mistake of letting their population outrun their domestic food supply.
U.S. Russia and Kazakhstan are stopping of curtailing grain exports. MENA is going to have a problem. You can bet that the orchestra already has the sheet music.
Posted by dave jr on 12/03/12 07:35 PM
Again, how in the hell are DOLLARS going to bail out Egypt when dollars cannot even bail out the "homeland"?
Ashes, ashes, we all fall down. Unless you are holding on to something real.
Posted by alexsemen on 12/03/12 02:22 PM
censureship again !??
Posted by alexsemen on 12/03/12 02:20 PM
What did you all expected after the "democratic changes"and elections.
From bad to wrost is the only way possible. See Europe, see USA see Canada, it is not worst possible at this moment but it will be sooner than you think.
Never I was wrong whern I've presented my conclusions ! Never !