Financial Conspiracy of Uncle Sam, Zionists, and . . . Allah?
All of you financial analysts studying the role of derivatives in the current financial crisis have been looking at the wrong thing. The crisis is not the unforeseen consequence of trying to eliminate financial risk by spreading the risk across various investments, a practice that many analysts now claim actually increased risk because everybody was spreading risk around and thereby involving the entire financial system in an increasingly precarious 'risky business'.
Well, that's all wrongheaded, for that indispensable resource MEMRI, in a dispatch titled "Arab Columnists: The Economic Crisis -- A Conspiracy by U.S. Government, American Jews" (Special Dispatch Series, No. 2091, October 22, 2008), informs us that "several Arab columnists" have recently written "that the global economic crisis is the result of a conspiracy by the U.S. government, by American Jews, and/or by the Zionists . . . aiming to prevent the establishment of a Palestinian state, to seize Arab wealth, and to take over the global economy" -- with the general aim of "increasing their influence in the world."
The head of the Egyptian Parliamentary Foreign Liaison Committee, Dr. Mustafa Al-Fiqqi published an article in the London daily Al-Hayat arguing that the economic crisis was "Part of Global Political Conspiracy":
During the summer holidays, I was preoccupied with the global issue of the conspiracy theory. I examined everything that was happening around me in light of this theory, applying historical analysis to gain insight into events and opinions . . . . In my opinion, the current economic crisis, which is expected to get worse, is a new kind of conspiracy. It started in September, only seven years after the first [conspiracy, i.e. the September 11 attacks]. This time, the aim is to take over the property and capital of the Arabs, and to create a new climate of economic plundering in the wake of the political plundering. Such is the Western mentality -- it excels at reaping what others have sown and at seizing anything that they have no right [to take].Al Fiqqi argues that 9/11 was for political control and that that current financial crisis is for economic control. Both are conspiracies because both began in the same month -- the former in September 2001, the latter in September 2008 -- and Al Fiqqi should know, for he's been studying the September 2008 crisis since last summer.
Lebanese columnist Fuad Matar wrote that "The Crisis is a Move Devised by the Jewish Mind and the Zionist Lobby," apparently publishing the same article for the Lebanese daily Al-Liwa and Saudi daily Al-Yawm, and argued that Jews had "instigated the financial crisis in order to prevent Bush from fulfilling his promise to establish a Palestinian state before the end of his presidency."
Matar acknowledges a minor inconsistency in his theory:
Some might [disagree with me,] saying that Jewish money and the Jewish mind constitute the main nerve of the financial world and of the real estate investment [sector] in the U.S., and that it is therefore hardly likely that Zionism would destroy financial, real estate and investment institutions in which [Zionists] play an active role, whether as shareholders or executives.Matar, however, remains convinced because he is certain that the aim is to reduce American power:
Zionists made a significant change in their plans, [and decided that] the time has come to transfer the Zionist strategic base from the U.S. to Europe, when the possibility arose that a black man, Barak Obama, would head the U.S.But I thought that Obama was strong in his support for Israel . . . . Well, never mind that. It's all smokescreen, anyway.
Meanwhile, in that center of intellectual ferment, Saudi Arabia, Dr. Umayma Ahmad Al-Jalahma, a lecturer at King Faysal University, maintains that this global economic crisis is being manipulated by the Rothschilds in line with their aim of taking over the world's financial markets. In "Who Is behind the American Crisis?", written for Al-Watan, she argues that "the real value of learning history does not lie in merely knowing the facts, but in absorbing them and taking a lesson from them" -- a reasonable enough point -- and goes on to tell us the lesson:
Some say that the facts of the current American crisis are clear, and that there is nothing hiding behind the scenes, but I disagree. [I believe that] those hiding behind the scenes are numerous. [These are forces] that are accustomed to staying hidden and working in the dark, especially [when the moment is right] and hegemonies are ripe for toppling.Although I lack Al-Jalahma's financial expertise and grasp of historical facts, I wonder what her positive evidence is for blaming the Rothschilds, for she seems to provide merely analogical 'evidence' from past financial crises when the Rothschilds allegedly manipulated things behind the scenes.
Even Allah is implicated in this conspiracy, it would seem, for in another MEMRI translation of Arabic news (MEMRI, Special Dispatch Series, No. 2092, October 23, 2008), we learn from Dr. Zaghloul Ragheb Al-Naggar the startling truth about the truly hidden forces at work:
In an October 8, 2008 interview on Hamas's Al-Aqsa TV, prominent Egyptian geologist and cleric Dr. Zaghloul Ragheb Al-Naggar discussed the global economic crisis, warning that the "usury system" displeased Allah, that the capitalist system was collapsing, and that this was "a wakeup call" to "base economic institutions on healthy Islamic principles" and to realize the truth about Islam . . . . [adding that] "What we are seeing is a war waged by Allah and His Prophet."So . . . am I to infer that Allah is working with the Bush administration and the Rothschilds to destroy the global financial system and bring about the victory of Islam?
Truly, "Allah is the best of deceivers" (Allahu khayru al-makireena, Quran 3:54).