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Clifffraser’s Weblog › Edit — WordPress.


 While we all suffer from the antics of the financial services industry [I use the word ‘industry’ cynically here], the list of the bankers ‘less than socially acceptable’ misdoings coming to light grows ever longer. I read this morning of banks in the USA in receipt of Government bailout money doubling their credit card interest rates and increasing the cost of most of their other services to their customers.

In these days of electronic money and instant stock market gambling that follows the sun around the world, why is it that a simple bank transfer from Dubai to Turkey takes over 7 days? [personal experience]. The answer is simple enough, while money can whiz around the world at the speed of light at the behest of those involved in wealth manipulation schemes set up by the banks, the money they’re using to gamble with is that which belongs to you and I while supposedly ‘in transit’ from one bank to the other.

Since it’s no longer necessary to send money from Dubai to Turkey by camel it really is about time the banks enabled instantaneous money transfers for the general public as well as for their cronies in the financial services sector. But that wouldn’t really be in their money grubbing interests [no pun] now would it?

Clifffraser’s Weblog › Edit — WordPress.

Turkey has been at the center of the world since the beginning of civilization. It therefore comes as no surprise to me that President Obama should include Turkey on his first major trip overseas.

There are over two hundred countries in the world, so why within 3 months of his inauguration is the President of the most powerful country on the world including a visit to Turkey on his trip? This will be President Obama’s first overseas trip (not counting a day trip to Canada), a trip that will also include stops in Great Britain, France, Germany and the Czech Republic (CZ for no other reason than it currently holds the presidency of the European Union).

Well, a trawl around the Internet reveals the following possibilities:

  1. Turkeys strategic position in relation to Iran and its possible inclusion in any talks aimed at solving the nuclear proliferation issue.
  2. Turkeys assistance in helping with the withdrawal of US troops from Iraq.
  3. Turkeys assistance in dealing with the situation in Afghanistan.
  4. To highlight Turkeys involvement in the NATO alliance.
  5. A step towards improving relations with the Muslim world.

Barack Obama said in an address in the summer of 2007 that he would deliver an address in a “major Islamic forum” during the first hundred days of his administration. He said he would make it clear that “we are not at war with Islam” and that “we’ll stand with those who are willing to stand up for their future.” The Whitehouse is currently denying that this visit to Turkey will include the promised address.

Fine words, but the aggression that the USA has shown towards ‘oil rich’ nations over a period of many decades, that just happen to be Muslim, is a matter of historical record. It’s like the father of ‘school bully’ saying, my son didn’t do it. The fact of the matter is he did do it, and the only way out of the mess is undo it. And that is definitely not going to be easy.

Item 5 above, ‘a step towards improving relations with the Muslim world‘ is a strange goal to be pursuing in Turkey, considering that the USA’s relations with Turkey are not that bad. The real issue is the USA’s relations with that part of the Muslim world that has oil reserves. The mending of those bridges should start in those countries and not in Turkey. It’s not a religious issue it’s only to do with the invasion of predominantly Muslim countries in the name of securing access to energy resources.

In 2003 Turkey did not allow the USA to use Turkey as a stepping stone for the invasion of Iraq. This slight dent in US-Turkish relations has been largely smoothed over by Turkeys agreement in the aftermath of the war to allow US access through Turkey for troop and equipment movements. Turkey is also prepared to consider allowing the USA to use Turkey as a conduit for the eventual withdrawal of US troops from Iraq.

During my research for this piece I became aware of the fact that many political commentators, when writing about Turkey for any reason, feel it’s necessary to mention that Turkey is a predominantly Muslim country. Whenever they refer to the United Kingdom they don’t mention that it is predominantly Anglican Christian nor feel it is necessary to mention that that Japan is predominantly Shinto or that The Vatican is exclusively Catholic Christian. This sort of writing only highlights the religious differences between countries, like it’s relevant to the subject under discussion.

This is not so far from the truth…

  • Over 99% of people employed in the financial services sector don’t know how morally corrupt the system they work in is.
  • Over 99% of politicians don’t understand the underlying socially corrupt mechanisms employed in the financial services sector.
  • Over 99% of economists have been trained using criteria that accepts the current financial model as being ‘normal’.
  • Over 99% of engineers, scientists and other professionally qualified people don’t have the time to devote to trying to understand the complexities of the financial services sector.
  • Over 99% of ordinary people are just too busy working to pay back their bank induced debts to have time to even wonder why they can never quite make ends meet.
  • Over 99% of those employed in the financial services sector who do understand the system have no vested interest in making the current financial system understandable.

Perhaps the very violent kick society has has received in its collective stomach from the financial services sector will now make more people question just what these fraudsters are doing.