PwP Exclusive ©Feb 9 2011
Background: Tunisia has undergone increasing economic liberalization over the last decade: In the 2010-2011 World Economic Forum’s Global Competitiveness Report, it was ranked as the most competitive country in Africa, as well as the 32nd most economically competitive country globally. North Africa’s large Muslim populations are a vast business opportunity for Islamic banking and other businesses.
Jacob Rothschild, senior member of the British branch of the Rothschild dynasty
Contrary to popular belief, the world’s finances are controlled by privately-owned “central banks” masquerading as federal government banks in nearly every country in the world [The U.S. Court of Appeals, Ninth Circuit, ruled that The Federal Reserve (U.S.’ central bank) was privately owned in 680 F.2d 1239, LEWIS v. UNITED STATES of America, No. 80-5905].
Though it is a carefully guarded secret, the Rothschilds and their associates own most the shares in the central banks (Federal Reserve Directors: A Study of Corporate and Banking Influence, Committee on Banking, Currency and Housing, House of Representatives, 1976, Charts 1-5) (Mullins, Eustice Secrets of the Federal Reserve 1983). With extremely little government input, the economies of Tunisia, Egypt, Yemen, Jordan, and Algeria are strictly controlled by the Rothschild’s central banks and their International Monetary Fund.
THE MOTIVE: FOLLOW THE MONEY
Islamic banks have been eating into Rothschild profits in the Middle East because: they don’t charge interest (Shariah Law), they are growing very rapidly among the world’s exploding Muslim populations, and (in these catastrophic economic times) they are more stable than western banks.
While it is a very good thing that people are freed from the tyranny of dictators, they also need to be freed from the tyranny of economic control and serfdom. The relevant moral question is: Do the means justify the end?.
Ben Ali’s son-in-law El Materi at the opening of his Zitouna Bank, North Africa’s first Islamic bank, last May
Deposed Tunisian President Ben Ali’s son-in-law, Sakher El Materi, opened Tunisia’s first Islamic bank, Zitouna Bank, on May 26, 2010. Zitouna Bank is the first Islamic bank in the Maghreb region [North Africa]. The bank was a first step toward Ben Ali’s new program of extensive reforms, “Tunisia, a Pole for Banking Services and a Regional Financial Centre”, which would have undermined the power and the profits of the Central Bank of Tunisia (privately-owned by the Rothschilds and their associates).
The Telegraph (October 19 2010) reported on the opening of the megaproject Tunis Financial Harbour –President Ben Ali’s bid to make Tunisia the regional financial centre of North Africa and beyond: “Islamic investment bank Gulf Finance House (GFH) and the Tunisian government have created the first offshore finance centre in North Africa. The centre will be part of Tunis Financial Harbour, a $3 billion waterfront development in Tunis . . . GFH, which is based in Bahrain, hopes the centre will allow Tunisia to take advantage of its strategic position on the Mediterranean sea, and operate as a bridge between the EU and the rapidly growing economies of North Africa [and subSaharan Africa].”
“However, despite the current poor climate, the potential for Islamic banking in Egypt is huge, and one should expect more moves from Abu Dhabi Islamic Bank into Egypt, possibly in the form of a buyout,” Executive Magazine (Feb 8 2011) reports, “A recent Middle East Business Intelligence report said it best, when it opined, ‘If Abu Dhabi Islamic Bank can make a success of offering Islamic products, the whole market will open up. We have already seen some of the local banks start to advertise their Islamic products in view of the competition for customers they see about to begin.’
“Clearly Islamic banks in the Gulf are already anticipating the day when their home markets are saturated. And it appears that Egypt will be on the next front-line in the development of regional Islamic banking and finance.”
“African countries such as Algeria, Egypt, Libya, Morocco, Tunisia and Sudan are keen on future sukuk exercises (issuing Islamic bonds). Gambia debuted with a US$166m sukuk deal, privately sold in the US in 2006.” [International Finance Review (Reuters), 2008]
The New York Times article “Islamic banking rises on oil wealth, drawing non-Muslims” ( November 22, 2007) reported: “Rising oil wealth is lifting Islamic banking – which adheres to the laws of the Koran and its prohibition against charging interest – into the financial mainstream. . . . In addition to Islamic loans, there are Islamic bonds, Islamic credit cards . . . Loans and bonds that conform to the Koran are already available in the United States. . . .
“’This is an industry on its way from a niche industry to becoming a truly global industry,’ said Khawaja Mohammad Salman Younis, the managing director for operations in Malaysia for Kuwait Finance House, the world’s second-largest Islamic bank. ‘In the next three to five years you’ll see Islamic banks coming out in Australia, China, Japan and other parts of the world.’
“In Islamic banking, financiers are required to share borrowers’ risks, meaning that depositors are treated more like shareholders, earning a portion of profits. Financing deals resemble lease-to-own arrangements, layaway plans, joint purchase and sale agreements, or partnerships.
“The stampede into Islamic finance is mostly an effort to tap an estimated $1.5 trillion of funds sloshing around the Middle East, largely from higher oil prices. . . .Those investments have helped ignite an economic revival throughout the Muslim world at a time of increasing religious conservatism among Islam’s 1.6 billion faithful. A result is expanding demand for financial services that adhere to Islamic law . . .
“And while the biggest Islamic banks are in the wealthy Gulf states, the most attractive potential markets are in Turkey and North Africa (emphasis added) and among European Muslims. . . .
“. . . even non-Muslims are taking advantage of a growing range of Islamic products offering competitive returns. For instance, David Ong-Yeoh, a public relations executive tired of fretting over the rising interest rate on his adjustable rate mortgage, refinanced to a 30-year fixed loan from an Islamic financial institution. Now, he pays regular installments that include a predetermined profit margin for the bank.
“’The terms are better than on conventional loans,’ said Ong-Yeoh, 41.
“Islamic finance also avoids other prohibited practices. Shariah-compliant bankers cannot receive or provide funds for anything involving alcohol, gambling, pornography, tobacco, weapons or pork. Proponents of Islamic banking say these are limits any socially conscious investor can support, Muslim or not. They also envision wider appeal for Islamic banking’s ban on interest, which stems from the Koran’s prohibition against usury.
“This is a view that has a long religious and historical tradition. Interest is repeatedly condemned in the Bible. Aristotle denounced it, the Romans limited it, and the early Christian church prohibited it. . . .
“The belief that all interest charges are unjust now underpins Islamic finance. . . .Hoarding is frowned upon in the Koran, so savings earn no return unless put to productive use.
“’Money should be used for creating better value in the country or the economy,’ Maraj said. ‘Money cannot generate money.’
“Nor can Islamic banks simply trade money. ‘In the Islamic finance model, the banks are supposed to mobilize funds through a fund management concept,’ said Rafe Haneef, head of Islamic banking in Asia for Citigroup.
“Indeed, Islamic banking is supposed to function more like private equity firms than conventional banking. ‘Private equity is an Islamic concept,’ Haneef said.
“Industry proponents say this risk-sharing requirement helps reduce the kind of abuses that led to the subprime mortgage mess in the United States. Scholars consider it un-Islamic to overload a customer with debt or invest in a company with excessive debt.”
The Washington Post, “Islamic Banking: Steady In Shaky Times” (Oct 31 2008), reported: “As big Western financial institutions have teetered one after the other in the crisis of recent weeks, another financial sector is gaining new confidence: Islamic banking. Proponents of the ancient practice, which looks to sharia law for guidance and bans interest and trading in debt, have been promoting Islamic finance as a cure for the global financial meltdown.
“This week, Kuwait’s commerce minister, Ahmad Baqer, was quoted as saying that the global crisis will prompt more countries to use Islamic principles in running their economies. U.S. Deputy Treasury Secretary Robert M. Kimmet, visiting Jiddah, said experts at his agency have been learning the features of Islamic banking.
“Though the trillion-dollar Islamic banking industry faces challenges with the slump in real estate and stock prices, advocates say the system has built-in protection from the kind of runaway collapse that has afflicted so many institutions. For one thing, the use of financial instruments such as derivatives, blamed for the downfall of banking, insurance and investment giants, is banned. So is excessive risk-taking.
“’The beauty of Islamic banking and the reason it can be used as a replacement for the current market is that you only promise what you own [contrast to western banks fractional reserve system]. Islamic banks are not protected if the economy goes down — they suffer — but you don’t lose your shirt,’ said Majed al-Refaie, who heads Bahrain-based Unicorn Investment Bank.
“The theological underpinning of Islamic banking is scripture that declares that collection of interest is a form of usury, which is banned in Islam. In the modern world, that translates into an attitude toward money that is different from that found in the West: Money cannot just sit and generate more money. To grow, it must be invested in productive enterprises.
“’In Islamic finance you cannot make money out of thin air,’ said Amr al-Faisal, a board member of Dar al-Mal al-Islami, a holding company that owns several Islamic banks and financial institutions. ‘Our dealings have to be tied to actual economic activity, like an asset or a service. You cannot make money off of money. You have to have a building that was actually purchased, a service actually rendered, or a good that was actually sold.’
“Islamic bankers describe depositors as akin to partners — their money is invested, and they share in the profits or, theoretically, the losses that result. (In interviews, bankers couldn’t recall a case in which depositors actually lost money; this shows that banks put such funds only in very low-risk investments, they said.)”
It is easy to see why the Rothschilds and their network of conventional western banks would be threatened by competition from the more appealing, more conservative Islamic banks.
Late in 2008, French Finance Minister Christine Lagarde announced France’s intention to make Paris “the capital of Islamic finance” and said several Islamic banks would open branches in the French capital in 2009. French sources estimate this area of the financial market is worth from 500 to 600 billion dollars and could grow by an average 11 percent a year.
John Sandwick, managing director of Swiss asset management firm Encore Management, characterized the opening of several Swiss Islamic banks as, “the race to control the rich prize: which today is worth hundreds of billions, but in the future will be trillions of dollars of Islamic wealth.”
“According to Standard and Poor’s, Islamic banking assets reached about $400 billion throughout the world in 2009. In November 2010, The Banker published its latest authoritative list of the Top 500 Islamic Finance Institutions with Iran topping the list. Seven out of ten top Islamic banks in the world are Iranian according to the list.” (iStockAnalyst, Feb 8, 2011)
BEN ALI’S SON OPENS FIRST ISLAMIC BANK IN ATTRACTIVE NORTH AFRICAN MARKET
Commenting on the opening of Zitouna (Islamic) Bank, International Business Times (May 28 2010) reported, “North Africa has begun to embrace Islamic finance after years watching from the sidelines, partly to channel more Arab Gulf petrodollars into the region. . . .Tunisia has one of the most open economies in the region and attracts substantial investment from the European Union, something that is expected to accelerate after 2014, when the government has said it will make the currency (the Tunisian dinar) fully convertible.”
Global Islamic Finance News (May 31, 2010) reported, “Zitouna Bank also seeks to impart a regional dimension on its activities, particularly in the Maghreb region [North Africa], all the more so that it is the first specialised bank not belonging to a foreign banking group,” and went on to add, “The Bank will also seek to forge strong relations with the Maghreb and Mediterranean banks to ensure needed flow of financial operations for its customers. The bank officials stressed that the financial institution has established relations with 12 Islamic banks in collaboration with the Institute of Islamic banks in Bahrain.
Zitouna bank’s formation had been announced earlier in the Official Gazette of the Republic of Tunisia on 10 September 2009. Tunisia and Morocco authorized Islamic finance in 2007, partly to channel more investment into their fast-growing tourism and real estate industries.
Due to his being the son-in-law of President Ben Ali, El Materi’s Zitouna Bank was expanding in Tunisia to the level of monopoly. El Materi had built a powerful business empire: he ran businesses in News and Media, Banking and Financial Services, Automotive, Shipping and Cruises, Real Estate and Agriculture, Pharmaceuticals and last November 22 he bought a 50% stake in Orascom Telecom for 0.2 billion.
The newly-opened Tunis Financial Harbour was on the brink of becoming the regional financial centre of North Africa and, with its strategic position on the Mediterranean sea, becoming a bridge between the EU and the rapidly growing economies of North Africa and subSaharan Africa.
On January 20 2011, ZItouna Bank, Tunisia’s first Islamic bank was seized by the Central Bank of Tunisia (Rothschilds). The bank owned by Sakher El Materi, the thirty-year-old son-in-law of deposed Tunisian leader Zine El Abidine Ben Ali has been placed under “the control” of the central bank. Materi is presently in Dubai. The move came a day after 33 of Ben Ali’s clan were arrested for crimes against the nation. State television showed what it said was seized gold and jewellery. Switzerland has also frozen Ben Ali’s family assets.
EGYPT’S ISLAMIC BANKS THREATENED BY ROTHSCHILD REVOLUTION: OLD MAN POTTER VS HARRY BAILEY
A still from the film “It’s A Wonderful Life”
The following scenario is right out of the 1946, Frank Capra film It’s a Wonderful Life with Old Man Potter (Rothschild) creating a run on Harry Bailey’s traditional Savings and Loans (Islamic bank):
Islamic (halal) banking products have not made significant inroads in North Africa yet, except in Egypt. “. . . There are several Islamic banks operating in Egypt: Faisal Islamic Bank, Al Baraka Egypt (Al Ahram Bank) and Abu Dhabi Islamic Bank NBD . . . There may be others as well,” says Blake Goud, an expert on Islamic Finance (The Review – Middle East, Jan 31 2011), “. . . and the risks of a run on the bank should concern those interested in Islamic banking around the world because it could provide a test of how resilient Islamic banks really are to crisis.
“What I mean is that the Egyptian situation, which could be a fantastic opportunity for the Egyptian people, could expose a weakness within the Islamic banking industry if it is problematic. The main risk to any bank is that there is a run and the bank cannot meet depositor withdrawals with the cash available on hand. This forces the bank to raise cash from other means. In most cases, it can either get an inter-bank loan from another bank overnight that allows it to handle withdrawals. If other banks are hesitant to lend to a given bank because of fears of asset quality, then the bank will usually have access to an overnight borrowing facility with the central bank, which operates as the lender of last resort.
“The key for Islamic banks is that they are not able to take advantage of the inter-bank lending market, nor are they able to borrow from (or lend to) the central bank (emphasis added) because those loans are interest-bearing. The only alternative is to find other banks (mostly Islamic banks) willing to extend Shari’ah-compliant, bilateral loans often using commodity murabaha. In a country like Egypt where the Islamic banking industry is a small portion of the total banking system, it does not create a systemic risk if Islamic banks fail, but it does matter a lot to the depositors of other Islamic banks in the country and globally. If there is the potential that a run on an Islamic bank will not be stopped by someone; whether that is a foreign bank, a multi-lateral bank like the Islamic Development Bank or the central bank of Egypt (through emergency measures), then it could hurt confidence in Islamic banks.
“If neither of these options are available, the bank will have to try to raise funds by selling its assets, most of which (loans) are illiquid in the short run. It will have to take a loss on the sale to realize the cash it needs to meet withdrawals. If this continues and the bank sells enough assets at a discount to the value they are held on the balance sheet, the bank’s equity will be negative (the value of assets minus liabilities) and it will become insolvent (having earlier only been illiquid). This is the fundamental danger in banking from a financial stability perspective. If enough banks face runs and have to sell assets, the run could become self-sustaining and contagious. Even a healthy bank facing a run can become insolvent.
“The loss of confidence is more than just a reputational hit and a hit on the egos of Islamic bankers. It would make it more difficult for Islamic banks to attract and retain depositors and it could raise the cost at which it can attract depositors. This would make the bank, all other things equal, less profitable (it makes profit of the spread between the return on invested funds and the cost of funds borrowed from depositors). Lower profitability will lower the attractiveness of Islamic banks to equity investors limiting their ability to increase capital through equity offerings (or at least increasing the dilution to current shareholders). It will lower the amount available to supplement capital as well as pay dividends to its shareholders.
“Therefore, it is important that the Islamic banks in Egypt make it through the ‘run’ that is predicted if it materializes, not just for those banks’ shareholders, but also for the Islamic banking industry.”
In contrast, Bloomberg reports, “Egypt’s banks may risk a surge in customer withdrawals when they open for business, placing them among companies worst hit by the nationwide uprising against President Hosni Mubarak. … Central Bank Governor Farouk El-Okdah said in a telephone interview Jan. 29 that his bank has $36 billion in reserves, enough to accommodate investors should they wish to withdraw funds. His deputy, Hisham Ramez, said interbank lending “will function properly” when banks are reopened. He said the security situation will determine when that is possible.
“Asked about the risk of a bank run, Mohamed Barakat, chairman of state-run Banque Misr and head of the country’s banking association, said in a telephone interview that Egyptian lenders are ‘very liquid,’” with average loan-to-deposit ratios of 53 percent. […] “The Egyptian interbank offered rate, the rate banks charge to lend to each other, is at a 16-month high of 8.5 percent.”
THE MEANS: SPONSOR PRO-DEMOCRACY ACTIVISTS
These Rothschild revolutions are done under the pretense of bringing democracy and deposing despots, but the real aim is to initially create chaos and a leadership vacuum, then quickly offer a solution: install a puppet that will do the economic bidding of the Rothschilds. The citizens gain freedom of speech and association, but become economic serfs.
These revolutions are most likely coordinated at the highest levels by the Rothschild’s International Crisis Group. Mohamed ElBaradei is already being touted as a new leader for Egypt.ElBaradei is a trustee of the International Crisis Group. Another board member of this group is Zbigniew Brzezinski. George Soros sits on the executive committee. The later two are ubiquitous front men for the Rothschilds.
The revolutions are from the same playbook as the fairly nonviolent “color revolutions”. These revolutions have been successful in Serbia (especially the Bulldozer Revolution (2000), in Georgia’s Rose Revolution (2003), in Ukraine’s Orange Revolution (2004), in Lebanon’s Cedar Revolution and (though more violent than the previous ones) in Kyrgyzstan’s Tulip Revolution (2005), and Tunisia’s Jasmine Revolution. Iran’s Green Revolution (2009) was unsuccessful.
Liberal billionaire George Soros funded training of activists in North Africa.
The Guardian reported (Nov 26, 2004) that the following were “directly involved” in organizing the colour revolutions: George Soros’ Open Society Foundation, the National Endowment for Democracy (NED), the International Republican Institute, and Freedom House. The Washington Post and the New York Times also reported substantial Western involvement in some of these events.
Activists from Otpor in Serbia have said that publications and training they received from the US based Albert Einstein Institution staff have been instrumental in the formation of their strategies. The Albert Einstein Institution is funded by the Soros Foundation and NED. (Wikipedia)
In the article, “Georgia revolt carried mark of Soros” (November 26, 2003), the Globe & Mail reported, “[Soros’ Open Society Institute] sent a 31-year-old Tbilisi activist named Giga Bokeria to Serbia to meet with members of the Otpor (Resistance) movement and learn how they used street demonstrations to topple dictator Slobodan Milosevic. Then, in the summer, Mr. Soros’s foundation paid for a return trip to Georgia by Otpor activists, who ran three-day courses teaching more than 1,000 students how to stage a peaceful revolution.”
Egyptian activists wearing Otpor shirts. Otpor was started by Soros in Serbia and has trained activists in other colour revolutions
Several protest organizers on the streets in Egypt last week were wearing Otpor t-shirts. These t-shirts are given out by Otpor at training sessions. This is only to say that there may be a link here, between Soros and Tunisian protesters.
In 2007-08, Freedom House [funded by Soros and the Middle Eastern Partnership Initiative (MEPI)] ran the following program: “New Generation of Advocates, a MEPI-funded program that supports young civil society activists working for peaceful political change in the Middle East and North Africa, spearheaded the “Lawyers against Corruption” campaign in Tunisia.”(Freedom House website). The group of “journalists, lawyers, and other activists who advocate for democratic reform” had a meeting with then Secretary of State Condoleezza Rice, on a trip to Washington on International Human Rights Day, December 10, 2008. In May 2009, U.S. Secretary of State Hillary Clinton met with the group of activist/dissidents. Freedom House reported on their website that the group also visited “U.S. government officials, members of Congress, media outlets and think tanks . . . After returning to Egypt, the fellows received small grants to implement innovative initiatives such as advocating for political reform through Facebook and SMS messaging.” (emphasis added)
And also from the Freedom House website: “From February 27 to March 13 , Freedom House hosted 11 bloggers from the Middle East and North Africa for a two-week Advanced New Media Study Tour in Washington, D.C.”
In 2010, Soros’ Open Society Institute funded a grant called ‘Can It Tweet its way to Democracy? The promise of Participatory Media in Africa’ described on the OSI website as “. . . . Ethiopia and Egypt have been the current focus of the research programme; the OSI funding will allow the project to be expanded to include: Uganda, Zimbabwe, Tunisia, Eritrea and Rwanda. . . . it is hoped that it will contribute to the understanding of the new media in Africa and its links to democratization. It is also intended that the study will be used as a source material for future research.”
Facebook and Twitter were the primary means of organizing the revolution in Egypt: “Activists from Egypt’s Kifaya (Enough) movement – a coalition of government opponents – and the 6th of April Youth Movement organized the protests on the Facebook and Twitter . . . .” (Voice of America)
In the Foreign Policy Journal, Dr. D.K. Bolton (Jan 19 2011) writes, “NED [National Endowment for Democracy] and Soros work in tandem, targeting the same regimes and using the same methods. . . . At least ten of the twenty-two directors of NED are also members of the plutocratic think tank, the Council on Foreign Relations . . . .” (The Council of Foreign Relations is the American sister of the Rothschild’s Royal Institute of International Affairs in Britain: both are instruments of plutocratic control hiding in plain sight.
The following is a partial list of grants from the NED website for 2009 (the latest year available):
In Tunisia the focus was on training youth activists:
“Al-Jahedh Forum for Free Thought $131,000 To strengthen the capacity and build a democratic culture among Tunisian youth activists.
“Mohamed Ali Center for Research, Studies and Training $33,500 To train a core group of Tunisian youth activists on leadership and organizational skills to encourage their involvement in public life. [MACRST] will conduct a four-day intensive training of trainers program for a core group of 10 young Tunisian civic activists on leadership and organizational skills; train 50 male and female activists aged 20 to 40 on leadership and empowered decision-making; and work with the trained activists through 50 on-site visits to their respective organizations.
“Association for the Promotion of Education $27,000 To strengthen the capacity of Tunisian high school teachers to promote democratic and civic values in their classrooms. APES will conduct a training-of-trainers workshop for 10 university professors and school inspectors, and hold three two-day capacity building seminars for 120 high school teachers . . . .”
The above organizations and others have been recipients of ongoing NED grants in Tunisia, as the following list from previous years indicates:
2008: Al-Jahedh Forum for Free Thought received $57,000 to train Tunisian activists; Mohamed Ali Centre for Research got $37,800; Tunisian Arab Civitas Institute, $43,000 for training teachers in “civic values” and the Center for International Private Enterprise, $163,205 “to inculcate free enterprise doctrines among Tunisian businessmen, which reflects what NED is really aiming for in its promotion of “democracy and civil values”: globalization” (Bolton, 2011)
2007: AJFFT received $45,000 to develop Tunisian Activists; The Arab Institute for Human Rights got $43,900; The Center for International Private Enterprise (CIPE) $175, 818; The Mohamed Ali Center for Research, Studies, and Training $38,500; Moroccan Organization for Human Rights $60,000 “To strengthen a group of young Tunisian attorneys as they mobilize citizens on reform issues.”
In Egypt, the number of NED grants doubled in 2009 to 33 democracy projects totaling $1.4 million and the focus changed from promoting private enterprise to training young human-rights lawyers, and identifying and training youth activists. It will be interesting to see when (if?) NED publishes its 2010 grants. From the NED website—a sample of the grants for 2009:
Egyptian Union of Liberal Youth (EULY) $33,300 To expand the use of new media among youth activists for the promotion of democratic ideas and values. EULY will train 60 youth activists to use filmmaking for the dissemination of democratic ideas and values. The Union will lead a total of four two-month long training workshops in Cairo to build the political knowledge and technical filmmaking skills of participating youth involved in NGOs.
Andalus Institute for Tolerance and Anti-Violence Studies (AITAS) $48,900 To strengthen youth understanding of the Egyptian parliament and enhance regional activists’ use of new technologies as accountability tools. AITAS will conduct a series of workshops for 300 university students to raise their awareness of parliament’s functions and engage them in monitoring parliamentary committees. AITAS will also host 8 month-long internships for youth activists from the Middle East and North Africa to share its experiences using web-based technologies in monitoring efforts.
Bridge Center for Dialogue and Development (BTRD) $25,000 To promote youth expression and engagement in community issues through new media. BTRD will train youth between the ages of 16 and 26 in the use of new and traditional media tools to report on issues facing their communities. BRTD will also create a website for human rights videos and new media campaigns in Egypt.
Egyptian Democracy Institute (EDI) $48,900 To promote accountability and transparency in parliament through public participation, and to build legislative capacity. EDI will produce quarterly monitoring reports and hold seminars to discuss the overall performance of Parliament and offer recommendations on legislation proposed in the People’s Assembly. EDI will monitor, collect, and document evidence of corruption in Cairo and Alexandria
Lawyers Union for Democratic and Legal Studies (LUDLS) $20,000 To support freedom of association by strengthening young activists’ ability to express and organize themselves peacefully within the bounds of the law. LUDLS will train 250 youth activists on peaceful assembly and dispute resolution
Our Hands for Comprehensive Development $19,200 To engage Minya youth in civic activism and encourage youth-led initiatives and volunteerism. Our Hands will hold two public meetings for local youth to discuss challenges and to identify youth leaders who would benefit from additional training courses. Participants will produce a short film on youth political participation, and develop and implement action plans for resolving problems facing youth in the governorate. Our Hands will also provide Minya youth an opportunity to learn from the experience of and network with Cairo-based activists and NGOs.
“Youth Forum $19,000 To expand and maintain a network of youth activists on Egyptian university campuses and to encourage the participation of university students in student union elections and civic activities on campus. . . .”
NED and Soros have been injecting millions of dollars into the training of North African, pro-democracy teachers, lawyers, journalists and youth activists. In 2009 they more than doubled their training efforts. Why, at this time, has the 30-year support of these dictators been undermined? The prize is the rapidly-rising economies of North Africa. It coincides with the efforts of Ben Ali to make Tunisia the financial center of North Africa and to promote Islamic banking. The Rothschilds want North African Muslims to borrow from Rothschild banks and pay interest at rates the Rothschild central bank decides: they do not want them to be able to borrow from Islamic banks and not pay any interest. The Rothschilds want Muslims to trade their present political oppression at the hands of brutal dictators for future economic serfdom under the control of banker Lord Rothschild.
102 Responses to “Rothschilds Stage Revolutions in Tunisia and Egypt To Kill Islamic Banks In Emerging North African Markets”
Tweets that mention Rothschild Revolutions in Tunisia, Egypt Kill Islamic Banks | Puppetworld Post — Topsy.com says:February 15, 2011 at 7:22 am
[…] This post was mentioned on Twitter by Calitweeter, WeAreChange – India. WeAreChange – India said: Islamic Banking. Maybe a solution for more stability and a weapon against the NWO and fractional reserve: http://www.puppet99.com/?p=126 […]Reply
Wikileaks Is A Rothschild Operation: Rothschilds Use Wikileaks To Wound Rival Bank, Julian Assange’s Bail Posted By Rothschilds’ Sister-in-law says:February 16, 2011 at 6:45 pm
[…] Rothschilds stage revolutions to kill Islamic banks in emerging North African markets Filed Under: Economy, False Flag, Politics, United Nations/NWO/Global Government, World […]Reply
YouhavemyIPnowRUsatisfied? says:February 20, 2011 at 1:50 am
Knew it had to be something like this. Revolutions don’t just “happen”.Reply
Ramsay says:February 20, 2011 at 2:27 am
I was waiting to find out the real scoop. Thanks for connecting the dots my friend!
It’s funny how the chief puppeteer has the same name as the rascal that wrestled with God. Glad his days are numbered.
Blessings to you and please keep exposing evil!Reply
Egypt unrest/revolution – Page 4 says:February 20, 2011 at 2:55 am
[…] I think Egypt protests were staged by vested interests . Rothschild Revolutions in Tunisia, Egypt Kill Islamic Banks | Puppetworld Post […]Reply
Manu says:February 20, 2011 at 5:25 am
Great post, i will be sharing, thanks a lot.Reply
Stiri scurte” 20.02.2011 « George Valah Blog says:February 20, 2011 at 5:34 am
[…] Rothschilds Stage Revolutions in Tunisia and Egypt To Kill Islamic Banks In Emerging North African M… […]Reply
Arab Democracy or Banker Hegemony? | nominedeus says:February 20, 2011 at 6:19 am
[…] the whole article here the above quote is just the last paragraph of a very interesting […]Reply
John Budny says:February 20, 2011 at 6:47 am
If man on the street uses gold and silver to trade, the banking family will fall! You do not need any government money!Reply
Brigitte in Paris says:February 20, 2011 at 8:09 am
Ah, thank you, now it makes sense!Reply
joeglas1 says:February 20, 2011 at 9:37 am
Sounds a trifle simplistic to me.The wife of the Tunisian pres. had 50 luxury cars and bugged out of the country with millions in gold bars.The Mubarek clan is worth billions (some say as much as $70 billion),and dozens of of Mubareks top cronies are billionaires,while 40 per cent of Egyptians live on less than two dollars a day.The US has been financing this zionist stooge to the tune of roughly $2 billion US a year since 1979 to strategically secure Israel making it the no. 2 recipient of foreign aid after the criminal zionist state.Whats needeed in the US,which is Israeli-zionist occupied territory,is the same pitchforks-and torches scenario as is now taking place in the Arab countries,but it wont happen,as the only thing people in the US care about is the Superbowl,this even after the banksters have robbed you of several trillion.Reply
che20/20 says:February 20, 2011 at 1:47 pm
Please see my response to Jim below. Cheers!Reply
bill says:February 20, 2011 at 9:45 am
off and on/ in and out/ over and over
power and control/ is there more?Reply
David McElroy says:February 20, 2011 at 10:38 am
It was good to see this issue of Soros agitating for the Rothschild/Rockefeller banks versus Islamic banks highlighted. I have known this for some time. Banking conquests are at the root of virtually every major conflict globally. If you check, it is always the nations whose banks are not dominated by intercourse with the Rothschild/Rockefeller banking cartels that get listed as “rogue states” slated for diplomatic and military intervention. Soros goes in to foment a revolution after the Rothshild/Rockefeller combines fail to reap the resources of a nation rejecting their business proposals. As the Japanese used to say, “Business is War!” Financial independence is forbidden in the New World Order. Look for the “Cashless Society” and the “Mark of the Beast” to be implemented soon.Reply
che20/20 says:February 20, 2011 at 1:10 pm
It is my thesis that bank wars are behind many things. The Rothschilds have the most wealth by far and they have a track record in staging revolutions and starting wars. Most the money is in who finances these historical events or economic growth in different regions. After all, the Rothschilds and their network of associated bankers ARE bankers. Follow the money.Reply
Jim says:February 20, 2011 at 10:43 am
So what is the truth? Are the revolutions NWO operations to fight Islamic banks? Are they freedom loving people demanding freedom? Is “Anonymous” good or just another tool? Are the revolts US/western staged events to bring down puppets who are no longer operating as expected? Are they power plays to secure oil and the Suez canal? Are they Mossad operations to destabilize countries so Israel can continue to rape and plunder? I find it hard to determine the truth with so much misinformation floating around the net. But one thing can be assured. As long as governments are granted power to do more than protect life, liberty and property of individuals, world oppression will continue. And don’t be so hard on the Americans, they are dupes just like everyone else. I’m ready for a little anarchy. “Mankind will never truly be free until the last priest is hung with the entrails of the last king”, or something like. You get the point.Reply
che20/20 says:February 20, 2011 at 1:44 pm
I agree that the economic conditions in Arab countries are the main reason the protesters are able to get widespread support. And there are political reasons—the dictators are anti-Israel and lately they have been downright hostile to Israel in several cases. My premise is that politics is a puppet show to distract the public from the role played by the puppetmasters which is to do with who will finance what through whose banks. Follow the money to use a cliché. The CIA and Mossad may be involved, but I am unable to find hard evidence of this and that may only be because of their secretive nature. Neither can I find any evidence that Anonymous is sponsored by anyone—they are difficult to penetrate and they appear to be genuine at this time (unlike Wikileaks which has many ties to Rothschilds). On the other hand, there is no doubt that Soros is a Rothschild front man and no doubt that he was the man behind training these activists through his own organizations and NED. I do think however that oil and the Suez canal are good candidates for the motive behind these events and they warrant further investigation—do you have any good articles on oil and Suez being the reason behind the MENA revolutions?Reply
Rotszyldowie inscenizują rewolucje w Tunezji i Egipcie by zniszczyć islamskie banki na wschodzących rynkach płn.-afrykańskich « Stop Syjonizmowi says:February 20, 2011 at 11:39 am
[…] http://www.puppet99.com/?p=126 fragment / tłumaczenie Ola Gordon Jacob Rothschild, starszy członek brytyjskiego odgałęzienia dynastii Rothschildów […]Reply
Re: Zma wasza wiosna NASZA !! | Gospodarcze Informacje says:February 20, 2011 at 12:27 pm
[…] http://www.puppet99.com/?p=126 Related content: Re: Rząd nie podniesie więcej podatków? […]Reply
Jim says:February 20, 2011 at 12:30 pm
This could backfire! Knowing the Ideals of islam and how they work, it could bring on the demise of the entire Rothchild linage.Reply
Rewolucje, Soros , Brzezinski Rothschild … | Gospodarcze Informacje says:February 20, 2011 at 12:41 pm
[…] http://www.puppet99.com/?p=126 Wniosek: wolne wybory nie oznaczaja wolnosci w sensie ekonomicznym… No related content found. Tagged as: Aim, Brzezinski, Chaos, Citizens, Democracy, Despots, Freedom Of Speech, Gain Freedom, Leadership Vacuum, Pretense, Puppet, Revolutions, Rothschild, Rothschilds, Sensie, Serfs, Soros, Wybory Dodaj komentarz Komentarze (0) Trackbacks (0) ( subskrybuj komentarze w tej wiadomości ) […]Reply
Rewolucje, Soros , Brzezinski Rothschild … | Wiadomości i Newsy says:February 20, 2011 at 12:48 pm
[…] http://www.puppet99.com/?p=126 Wniosek: wolne wybory nie oznaczaja wolnosci w sensie ekonomicznym… […]Reply
John says:February 20, 2011 at 12:51 pm
This makes more sense. I was thinking it was a play for the Suez and that the other revolts were a byproduct. There’s and old saying, “follow the money”. This article does just that. Seems to be well researched too, but I’ll follow every link to make sure.
Thank you. great job!Reply
Egypt unrest/revolution – Page 4 says:February 20, 2011 at 3:13 pm
[…] I think Egypt protests were staged by people with vested interests . Rothschild Revolutions in Tunisia, Egypt Kill Islamic Banks | Puppetworld Post […]Reply
aisku, cia tik sutapimas | Douktris’s Blog says:February 20, 2011 at 3:18 pm
[…] http://www.puppet99.com/?p=126 […]Reply
Jaka rewolucja? « Grypa666’s Blog says:February 20, 2011 at 4:55 pm
[…] „Rewolucje” Rotszyldów […]Reply
Rothschilds Revolts in Tunsia and Egypt to Destroy Islamic Banking says:February 20, 2011 at 9:37 pm
[…] Revolts in Tunsia and Egypt to Destroy Islamic Banking Rothschild Revolutions in Tunisia, Egypt Kill Islamic Banks | Puppetworld Post Rothschilds Stage Revolutions in Tunisia and Egypt To Kill Islamic Banks In Emerging North African […]Reply
starikovna says:February 21, 2011 at 2:04 am
Would someone in this group, who is more tech and social media savvy than I am please post this article to as many groups or people in the uprising countries as possible.
Send this article to those groups mentioned in the above article who were funded by Soros. Their members may or may not realize the banking motives behind the generosity of Soros’ grants.
Also send to those groups and individuals not receiving grants so that they might act as a counterbalance and be aware that the hand that gives (Soros’ foundations) can also take away.
A lot of heart and blood has been spent in the recent North African demonstrations. Let’s do what we can to ensure that it not be wasted on further dictators and bankers.Reply
Rotszyldowie inscenizują rewolucje w Tunezji i Egipcie by zniszczyć islamskie banki na wschodzących rynkach płn.-afrykańskich « Dziennik gajowego Maruchy says:February 21, 2011 at 2:26 am
[…] Stage Revolutions in Tunisia and Egypt To Kill Islamic Banks In Emerging North African Markets http://www.puppet99.com/?p=126 Fragment / tłumaczenie Ola Gordon Jacob Rothschild, senior brytyjskiego odgałęzienia dynastii […]Reply
Brandon says:February 21, 2011 at 3:21 am
If these all these so-called George Soros organizations are funding the democratic revolutions for the people, he just shot himself in the foot…->with the Internet Information Age, there is no way that I can see, that these rothschild banksters are going to sucker-punch an INFORMED people<-.
All the (worlds) people need to know is to AVOID ANY BANKING USING A:
USURY FRACTIONAL RESERVE AND USURY INTEREST BEARING SYSTEM…for starters.
Second, root out and Identify the Psychopaths who are doing this to us, try them, and when found guilty by a jury of their peers…to be executed…Chinese Style.
Wake News says:February 21, 2011 at 4:36 am
Great article! We have linked to it here: http://wakenews.net/html/weltkrieg_iii.html
It is all a scam and it only serves the DIMs (elites) who are enslaving all of us! Keep on the good work!Reply
Brian Concannon says:February 21, 2011 at 9:36 am
To think I was overjoyed with happiness when people power finally caused Mubarek and his corrupt zionist controlled government to quite. now I feel duped again by the banksters of deception. Russia and Islamic banking are probably the greatest threat to the Rothschild NWO agenda and I suppose China must be a bit of a threat as well.
Great to see the global warming hoax, carbon trading bubble world governance agenda fall apart as well
I wonder what is the zionist aim of these revolutions,zio puppet leaders like Mubarek, etc can’t stop the Islamic banking revolution, so is it a complete breakdown of the system they are after, martial law and police state tactics ?
there is good and bad in every race colour and species
Cheers to all the good moral and ethical Jews out there
zionism is a cancer upon humanity
the Rothschilds are the main cause of this cancer
Rothschilds Israel is a racist apartheid false flag op specialist terrorist rogue stateReply
Betsy says:February 21, 2011 at 2:01 pm
Here is something I found on Islamic Banking http://users.bart.nl/~abdul/chap4.html It raises the issue/possibility that these Islamic banks may be finding/using ways to get around the ‘no interest’ law of Islamic banking — that is, ways of fulfilling (perhaps, or arguably) the letter of the law while violating its spirit/intent. In other words, we see here more evidence, that any system that we devise to try to prevent bad men from doing bad things to the unwary (parting the sucker from his buck, basically), and even institutionalizing/legalizing their depredations, can and will be attacked and possibly circumvented.
Main reason I am posting here is that I have a question – what is the monetary unit used by these Islamic banks? Is it ‘money of substance/intrinsic value’ (gold, silver have over several centuries proven themselves to be the best money, for several reasons, primary one being that they hold their value, are stable in value over long periods) or is it created out of nothing (i.e. legally ‘counterfeited’) , like (to the best of my knowledge) all of the so called ‘money’ afloat in the world today? Money that is created out of nothing as worthless paper or book-keeping entry is inherently inflationary and is dishonest and works to the disadvantage of the people. Lincoln’s Greenbacks were this kind of money and were hugely inflationary, ditto the paper money issued by the American colonies around the time of the Revolutionary War. Inflation is basically a de facto hidden tax on the holders of the inflationary currency. It is every bit as exploitative and dishonest as is the central banking scheme/scam.
Finally, I would like to point out that if you have something useful, say a backhoe (or for that matter, your labor) , and you allow someone to take it and use it for a while, it is considered perfectly reasonable and legitimate to charge the user a fee for the use of your valuable property. So why should it be any different with borrowing money? You are foregoing the use of the money for a while, and if someone wants to use it, and you say OK but you have to pay me something for using my money a while (during which time I will be foregoing using it for my own needs/endeavors) and the other party agrees — why should that be against the law?
This practice of lending money at interest is an established practice in civilized society and pre-dates central banking (which I agree is a pernicious pox upon us all, save only the fat cats in on the take, and should be abolished). In contrast, lending money – real honest money of substance and not by any crooked ‘fractional reserve’ scheme – benefits society, in that the money is ostensibly used to improve the infrastructure of society and increase the actual amount of wealth in the world. For instance the borrowed money can be used to mine gold or silver, or other useful minerals, or to start up a farm and produce food, or to develop and market an new product, say a more efficient and less polluting car, etc. The borrower hopes to profit from this enterprise even after paying back the loan plus interest, and the lender benefits from the deal by earning interest on his money, and society as a whole benefits by this development/production of something useful. No harm/no foul.Reply
Dean Berry Ministries says:August 21, 2011 at 6:14 pm
First of all, she used that all-American Betsy because she would have been too obvious if she had used her “jewish” name. World, why are they always so sneaky?
“…lending money at interest is an established practice in civilized society …” For 300 years, the world’s wars have coincided with the establishment of “jewish” Rothschild banking mafias in those nations at war.Reply
Betsy says:February 21, 2011 at 2:06 pm
I got wordy, as usual. My main question is —– what is the ‘money’ that these Islamic banks are using and trying to not charge interest on? If it is not money of substance – gold, silver – then what is it, how is it created, and who has the privilege of creating it?Reply
che20/20 says:February 22, 2011 at 2:42 pm
I’m not sure, but I don’t know if there are any countries that still back there money with gold. It is all fiat money. The US citizens “Federal Reserve Note” dollar has not been backed by gold since the 30s. In fact Roosevelt made it illegal for citizens to own gold and they had to turn it all in to the government at a low price or face hefty fines. Maybe the Rothschilds and their bankster friends wanted all the gold.Reply
Watching… says:February 21, 2011 at 5:38 pm
When Tunisia started protesting… OK… Then Egypt… seems odd… then Morrocco… There is manipulation here! All these countries were at peace 10 days ago. And just days ago China walked out of a restitution meeting with the USA on debt. (Friday Feb 4). On Saturday Feb 5 Clinton called all Ambassadors home to discuss world ramifications. Canada’s Harper that same week entered a treaty pact with USA to harmonize regulation, and provide subsidized oil (secure oil) [Jan 26th – Feb 7th] – sharing border security was also approved. The consequence of China leaving the table on USA debt is that oil will be traded in Iranian Burse (a compilation of 19 middle-east currencies) . The USA price of oil is expected to double matching the cost in Europe and elsewhere. The timing of these uprising is too coincidental. It has to do with a failing USA economy, oil trade, and world finance…. but the timing seems more directed at giving the USA sufficient time to pull resource-rich Canada into it’s fold – and to slow the application of the Iranian Burse as the trading measure of oil – which will deepen a USA economic depression.Reply
che20/20 says:February 22, 2011 at 2:27 pm
Very interesting. Why did China walk out of the meeting with the USA on debt. Why does this mean oil will be traded on the Iranian Bourse instead of out of NY? The Rothschilds/NWO have lots of reasons to be angry at Iran: the oil bourse (market), islamic banks and I wonder about their central bank–it is called the Central Bank of . . . Iran, but is it really a “central bank” (privately owned company with shares owned by the western Money Power? Wikipedia and other sites don’t seem to distinguish between an actual federal bank owned by the government (which may be called The Central Bank of . . .) and a central bank which is privately owned by domestic and international banks. Does anyone have a reliable, definitive source on which countries do not have “central banks” (i.e. not a private company, but run by the government). This has alluded me.Reply
watching says:February 26, 2011 at 6:23 pm
Very interesting. Why did China walk out of the meeting with the USA on debt.
In 1933 China lent the US a pile of money. They are owed 900 Billion US. The US does not have the funds to repay it. It was a 75 yr loan due in 2008. No headway has been made. China does not want US dollars… they are falling in value. China wants gold. The US $ is expected to fall alot.
Why does this mean oil will be traded on the Iranian Bourse instead of out of NY?
The US deficit is so high, their level of production falling, no one willing to lend them more money… China is insisting on trading with the yen internationally… no demand, no new supply .. the US dollar is falling in value. Inranian Burse (or “Bourse”) is backed by oil. China needs oil. Of seven oil tankers leaving the gulf six are headed to China.
The Rothschilds/NWO have lots of reasons to be angry at Iran: the oil bourse (market), islamic banks and I wonder about their central bank–it is called the Central Bank of . . . Iran, but is it really a “central bank” (privately owned company with shares owned by the western Money Power? Wikipedia and other sites don’t seem to distinguish between an actual federal bank owned by the government (which may be called The Central Bank of . . .) and a central bank which is privately owned by domestic and international banks. Does anyone have a reliable, definitive source on which countries do not have “central banks” (i.e. not a private company, but run by the government). This has alluded me.
Private banks, or Central banks… much of the dialogue doesn’t matter. So long as currency are fiat currencies (not backed by anything)… then the volume of money made available by either (private or central) will create boons (expanding issuance) will create depressions (withdrawing issued money) or will aid or stifle growth. As populations grow… currencies should be expanded. As populations shrink… currencies should perhaps be shrunk. It also matters greatly who gets the issued fiat currencies. If the wealthy get them – the disparity between wealthy and poor grow. If the less well off get them – then the disparity decreases. More can be said – private projects vs. public projects. Resource based investing vs. manufacturing based investing. Certain projects have long term gain and enrich a people – others are for short term gains and impoverish a people.Reply
Jaka rewolucja (c.d) « Grypa666’s Blog says:February 21, 2011 at 8:05 pm
[…] „Rewolucje” Rotszyldów […]Reply
Dennis Ward says:February 21, 2011 at 8:37 pm
Folks need wake up. Contact these young people in the Middle East and let them know they are being used and played by the Rothschilds, Soros and the whole NWO crowd. When they have their new puppet dictators in place all of the folks that helped with the so called “democracy” movement will be quietly rounded up and disappeared just like what happened to people in Chile’ and Argentina back in the 70′s. They have used the same Hegelian dialectic over and over and still we do not learn. These folks are pure evil and have been so for generations. It does not matter to them how many people die, the more the better! 6 million, 60 million or 600 million! Most people can not even imagine such evil and when confronted with it, they experience cognitive dissonance. They can not comprehend such evil with a smiling face and a $3,000.00 suit. They live for genocide! And these idealistic young folks (dupes) looking for freedom in the middle eastern countries, and taking money from them, just signed their own death warrants. The proof is above and in many other detailed articles to be found all over the internet and in your local libraries. The y hide their agenda of death, chaos, and anarchy in plain site. What they (Rothschilds, and Soros) invested in fomenting this unrest is less than one hour of profit from all of their criminal enterprises all over the planet. The estimated net-worth of all of the Rothschilds wealth exceeds 500 Trillion Dollars. They also own AP and Getty Images, along with Reuters, West Publishing Group, and hundreds more along with most of the large wineries, and distilleries on the planet. They deal in death on a global scale. They have killed leaders in almost every country on the planet with impunity, especially any leader who resists there banking scheme. They bankrolled the so called “russian revolution of 1917 that killed over 25 million, simply because the Czar of Russia aided President Lincoln in the american “civil war” which is truly an oxymoron. There is no such thing as a “civil war” !
Russians actually had nothing to do with the Bolshevik Revolution. It was the work of Jewish bankers in New York, London, and Frankfurt, who furnished the gold and the Jewish revolutionaries to exterminate the ignorant peasants. But the real ignorance was the hubris of Western intellectuals, who believed, by all their scholarly analyses, that it couldn’t happen here.
FIND OUT WHAT BANKS AND COMPANIES THEY OWN AND BOYCOTT THEM, WITHDRAW YOU MONEY, ATTENTION AND ENERGY FROM THEM NOW! VOTE WITH YOUR WALLETS!
Gerry says:February 22, 2011 at 4:54 am
Excellent article. For those interested in the banking system, I recommend viewing this documentary:
“The Secret of Oz” http://www.youtube.com/watch?v=7qIhDdST27g
It has an explanation of the history of banking, how the Rothschild controlled national banks started, the many assassinations and wars to keep them going and an solution that strongly resembles the Islamic Banking System. There is no mention of religion or ethnicities as it is not necessary for the truth to be told.Reply
Rothschilds Stage Revolutions in Tunisia and Egypt To Kill Islamic Banks In Emerging North African Market says:February 22, 2011 at 8:51 am
[…] Credit: BlackListedNews Source: Puppetworld Post […]Reply
Tony says:February 22, 2011 at 9:05 am
Its not just Soros, its also the entire neo-con cabal – they are all globalists, industrialists, bankers, and crooks working in concert. Indeed it is hard to believe, but everywhere you see “Soros” you see the neo-con loaded “National Endowment for Democracy” close by. There is also the “Freedom House” also loaded with neo-cons, and the International Republican Institute – which of course is packed full of “republicans.”
They use these labels for you the people to bicker over, but they have the same agenda and work together.Reply
Zardoz says:February 22, 2011 at 10:30 am
All the demonstrations going on in Northern Africa and the Middle East look impressive on TV and certainly reinforce how lucky we are to live in the Democratic USA where our rulers are elected by the informed sheeple, I mean people. However changing corrupt politicians is like changing the dealers in Vegas. Psychologically the gamblers feel they now have a chance of winning but the house knows that the odds are still in their favor and they will soon wipe them out. As long as the system operates on fiat currency the Banksters control all. The only way to slow them down is to change the rules not the dealers. The largest public marketplace is Craiglist and EBay. When you see thousands of listings from the working class refusing to accept fiat currencies for their goods and services you will really know change in happening. When you see ads reading payment in Gold and Silver only “No Fiat Currency Accepted” the people will take back the power. No matter how much Bernanke prints and gives to his rulers on Wall Street, if they are no longer accepted for goods and services then they have as much value as all the toxic mortgages they created. So go ahead and give yourselves another millions in bonuses I am sure Wal Mart will still accept them.
Rule #1 – Money is Power.
Rule #2 – Fiat currency (Federal Reserve Notes) is not money.
The next magic trick up their sleeve is to rename the currency: dollar, federal reserve note, amero, paso, special drawing right. Just change the dealers and all will be OK.
With the cost of food commodities hitting new highs every month once people wake up to the concept of gold and silver as real money a truly be a paperless revolution will take place.
Enjoy the ride and please keep you arms inside the car at all times.
Sewana says:May 17, 2011 at 10:17 am
I’m not easily impressed. . . but that’s imrpsensig me!Reply
Rothschilds Stage Revolutions in Tunisia and Egypt To Kill Islamic Banks In Emerging North African Markets | http://www.thetruthhurts.co.uk says:February 22, 2011 at 11:16 am
[…] Rothschilds Stage Revolutions in Tunisia and Egypt To Kill Islamic Banks In Emerging North African M… […]Reply
Interest-free banks and outside-sponsored revolutions | occultrick says:February 22, 2011 at 1:44 pm
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Rothschilds Stage Revolutions in Tunisia and Egypt To Kill Islamic Banks In Emerging North African Markets | Sovereign Independent says:February 22, 2011 at 2:39 pm
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chris strunk says:February 22, 2011 at 3:24 pm
Vatican Bank = Rothschild = Soros = Brzezinski=Soebarkah=One World Order under a rebuilt Babylon Caliphate shared with Islam and the Vatican
There are three direct Vatican Banking mechanisms used to channel money into the United States:
(i) The Vatican Bank number UID# 014780 BIC/SWIFT : IOPRVAVX a.k.a ISTITUTO PER LE OPERE DI RELIGIONE of VATICAN CITY in the VATICAN CITY STATE and for which there are seven (7) banking participants as the landing banks for international wire transfers into the USA and who directly benefited by putting Obama into office: 0001 THE BANK OF NEW YORK MELLON; 0002 JPMORGAN CHASE BANK, N.A.; 0008 CITIBANK, N.A.; 0103 DEUTSCHE BANK TRUST CO AMERICAS; 0108 HSBC BANK USA; 0256 STANDARD CHARTERED BANK; 0509 WELLS FARGO NY INTL FKA WACHOVIA; needless to say the Vatican Bank and the participating banks are generally owned by the Vatican through the Rothschild who have managed the Vatican asset since 1824 and keep that control tightly within the family circle even as far back as Alexander Hamilton who having married a Rothschild cousin setup the Bank of New York in 1784 that only after great effort became chartered after 1791 when he became the US Treasurer; and
(ii) further, the International Catholic Union of the Press (UCIP) is used for the World Forum of Professionals and Institutions in Secular and Religious Media with the Address: UCIP, CP 197, 1211 Geneva 20, Switzerland and the Vatican name of the account holder: UCIP with the name of the Bank: IOR, Vatican Swiftcode: IOPRVAVX Account number in Europe: 16586001 http://www.ucip.ch/une/ib.htm and in which the Vatican Interbank clearing account in the US is with JPM CHASE MANHATTAN BANK NEW YORK Account no.: 001-1-97500; and
(iii) further yet, The Vatican Bank: ISTITUTO PER LE OPERE DI RELIGIONE = INSTITUTE FOR THE RELIGION WORKS in which the Institute for Works of Religion (Italian: Istituto per le Opere di Religione – IOR) commonly known as Vatican Bank was formed during World War 2 and is located inside the Vatican City.Reply
che20/20 says:February 22, 2011 at 7:29 pm
Explain what you are saying.Reply
Rothschild Revolutions in Tunisia, Egypt Kill Islamic Banks | Puppetworld Post « sourceofrealnews says:February 22, 2011 at 9:31 pm
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The Truth Or The Fight » Blog Archive » Rothschilds Stage Revolutions in Tunisia and Egypt To Kill Islamic Banks In Emerging North African Markets says:February 22, 2011 at 10:42 pm
[…] Story HERE […]Reply
Wikileaks Is A Rothschild Operation: Rothschilds Use Wikileaks To Wound Rival Bank, Julian Assange’s Bail Posted By Rothschilds’ Sister-in-law, Many Other Links | http://www.thetruthhurts.co.uk says:February 23, 2011 at 1:18 am
Derek says:February 23, 2011 at 5:23 am
The gold market is monopolized by the Rothschilds and Oppenheimers: has been for a very long time now. Those advocating a “return” to gold-backed currency (as in British Empire days) speak as if the currency had actually been backed by gold in the first place – as opposed to being another fractional reserve scam. Gold and silver have been subject to outrageous price fixing by the London cartel/LBMA (see: “GATA founder Bill Murphy discusses gold market manipulation, on The French Connection”). Do YOU really know how much physical gold and silver is held in various vaults worldwide? Do you know who owns those reserves? Do you want to take a chance on the benevolence of such parties, if we were ever duped into accepting an allegedly gold-backed or silver-backed currency?
If people saw through the Rothschild goldbug propaganda, they’d understand that a well-managed, transparently audited, “fiat” (ooh, there’s that scary word!) national currency is a far more equitable, sensible way to go – along the lines of Social Credit (C.H. Douglas, Arthur Kitson, Frederick Soddy). Greedy merchant bankers – who shill for the “free trade” agenda – hate self-sufficient nations. When past monetary breakthroughs were achieved – such as Benjamin Franklin’s Pennsylvania scrip, Lincoln’s Greenbacks, or “the miracle of Woergl” – panicking Anglo-European banksters invariably sensed that they would be unable to compete with a fair currency, and swooped in to sabotage the alternative system. The best source I’ve found for sound monetary analysis is Dick Eastman’s “Citizens America Party” website. Monetary education is sorely needed: most folks these days have no idea!Reply
che20/20 says:February 23, 2011 at 9:13 am
Brilliant!!! They have all the gold so lets not use gold for currency. What’s the miracle of Woergl? It’s so easy for a president to do–like when Kennedy put out his own dollars. That must have really pissed them off! I’ll look at Eastman’s website. Thanks again.Reply
Las revoluciones espontáneas en los Países Árabes y la pista del dinero | Dictadura Global says:February 24, 2011 at 4:34 am
[…] ORIGINAL EN INGLÉS […]Reply
Für eine andere Welt | Jungelcamp.de says:February 24, 2011 at 4:44 am
[…] zudem mit dem politischen Erwachen der afrikanischen Welt auf sich? Geht es doch im Grunde nur um witschaftliche und geostrategische Interessen der westlichen […]Reply
They hate Our Freedoms « Bible Believers’ Weekly Newsletter says:February 24, 2011 at 6:47 am
[…] only to say that there may be a link here, between Soros and Tunisian protesters. . . Full story: puppet99.com Comment: See Hegelian Dialectics and […]Reply
Militant Libertarian » Rothschilds Stage Revolutions in Tunisia and Egypt To Kill Islamic Banks In Emerging North African Markets says:February 24, 2011 at 11:30 am
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Las revoluciones espontáneas en los Países Árabes y la pista del dinero[ENG] says:February 24, 2011 at 11:46 am
[…] Las revoluciones espontáneas en los Países Árabes y la pista del dinero[ENG] http://www.puppet99.com/?p=126 por Mejuto hace 3 segundos […]Reply
Celtic muslim says:February 25, 2011 at 1:35 pm
In responce to betsys question these so called “islamic banks” are not using paper money as a tangible asset backed promissary-the currency is still the same as other fiat currencies-in other words intrinsically worthless.
An islamic treasury would allow for example e-money or paper money in terms that it is a private contract,rather like a cheque or money order to circulate and ease trade ,it is a matter of public confidence as to wether we have gold,silver,platinum,wheat,barley,dates or whatever to act as currency.Another point is that money is by purpose fungible that is perishable in that it is used/exchanged and is thus spent/consumed it is no more just to rent money than it is to rent an apple.
I beleive people would naturally choose these means of money if free to choose the banking cartels have however subverted thelaws of nations in their grip by placing criminal elements possibly bloodrelations in judicial power to ensure their subjects are forced to accept their usury and the consequent enslavement it creates,it is amazing that the early bankers warned we were accepting their usury at our peril-but look what has happened we have become thir slaves and the muslims of today are totally ignorant(save some)of the evils of usury and its types,let them have their big masjids and public funds but dont mention halal or simply just & equitable trade because they just are not interested-this is the result of modernist brainwashing as i said they are the protestants of today who like their european forrunners gave in to usury and went on an orgy of puritanical nihilism.
Islamic bankers are like rothschilds in essence even if they are called by arabic names and come from hot countries they prey on ignorance unlike the bloodlines of babylonian europe who have force of law and dumb animals to impose their system-the muslims/arabs actually have a chance to extricate themselves from the bankers hegemony but maybe have been brainwashed enough not to see it.Reply
Anonymous says:March 7, 2011 at 1:59 pm
Below mentioned SIH mentions/confirms that probablly all todays islamic banks are riba(usury) by backdoor (The Prohibition of Riba in The Quran and Sunnah
By Sheikh Imran Hosein)
Islam and the International Monetary System- 1/8
From: theguywithtruth | Feb 4, 2011 | 52 views
2nd Lecture:- Islam and The International Monetary System
After being introduced to the fraudulent monetary system and its 300 year old history we move forward to shed some light from the Islamic Perspective on the subject at hand from Mualana Sheikh Imran Hosein.
Let me ask you a question: If you earn 500 dollars & leave it in paper form, it may be worth half the amount in a couple of years. Here one wonders where the other half of the value has gone… or who has stolen it…???
Sheikh Imran Hosein explains where and how it is considered as Haram (prohibited in Islam).
FreeWestRadio.com » Blog Archive » Rothschilds Stage Revolutions in Tunisia and Egypt To Kill Islamic Banks In Emerging North African Markets says:February 25, 2011 at 2:10 pm
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LA PISTA DEL DINERO « Trinity’s Eyes says:February 26, 2011 at 4:18 am
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Rothschilds Stage Revolutions in Tunisia and Egypt To Kill Islamic Banks In Emerging North African Markets « Anti Oligarch says:February 27, 2011 at 4:53 pm
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pino says:February 28, 2011 at 3:08 am
another cleaning of respect …………. desrespect !!Reply
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Anonymous says:March 1, 2011 at 9:51 am
Le rivolte in Egitto e Tunisia ordite dai Rothschild « AGERECONTRA says:March 1, 2011 at 4:48 pm
klen dool says:March 2, 2011 at 2:04 am
I think its great that this Rothschild outfit had found a way to align their own interests with helping people get out of the oppressive Islamic laws and the crazy arse Islamic banking system. No interest bearing loans is oppressive.Reply
¿¿Ha sido cosa de los Rothschilds las revoluciones en Túnez y Egipto? | “Mis aspiraciones en la vida” says:March 2, 2011 at 7:01 am
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Wie Rothschild’s inszenierte Revolutionen in Tunesien und Ägypten die islamischen Banken in den entstehenden Märkten Nordafrikas vernichten könnten « lupo cattivo – gegen die Weltherrschaft says:March 5, 2011 at 2:45 am
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Wikileaks Is A Rothschild Operation « Blog dos WeAreChange Portugal says:March 5, 2011 at 11:34 am
[…] Rothschilds Stage Revolutions in Tunisia and Egypt To Kill Islamic Banks In Emerging North African M… NED and Soros have been injecting millions of dollars into the training of North African, pro-democracy teachers, lawyers, journalists and youth activists. In 2009 they more than doubled their training efforts. Why, at this time, has the 30-year support of these dictators been undermined? The prize is the rapidly-rising economies of North Africa. It coincides with the efforts of Ben Ali to make Tunisia the financial center of North Africa and to promote Islamic banking. […]Reply
Rothschilds stage revolutions to kill Islamic banks in emerging North African markets says:March 7, 2011 at 3:59 am
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pedja says:March 7, 2011 at 6:46 am
All the same was with Serbia. NED founded manz so-called NGOs to promote so-called civic values,democracy an so on. The main goal was to convince serbian population in own guilty for things happen in Balkan during 90s. Finally, they bombed Serbia in 1999. occupy province Kosovo and Metohia, an proclaimed terrorist (which founded Soros an co, like these NGOs) as ruleres of ‘independent state’ and install puppet regime in Belgrade.
Same things happens in North Africa.Reply
World Cheers as the CIA Plunges Libya Into Chaos – Page 2 – Stormfront says:March 8, 2011 at 9:24 pm
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Los Rothschilds organizaron las revoluciones en Túnez y Egipto para eliminar a los bancos islámicos de los mercados emergentes del norte de África. « AQUI hay TOMATE says:March 19, 2011 at 8:55 am
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Литературен свят » Общество Преводи Руска литература Чужда литература брой 27 март 2011 » РЕВОЛЮЦИИТЕ В ТУНИС И ЕГИПЕТ – ДЕЛО НА РОТШИЛД says:March 22, 2011 at 1:01 pm
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four your eyes only … says:April 5, 2011 at 5:43 pm
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Is control of the banking system another reason for revolution in Libya, Tunisia and Egypt? | Western Outlaw says:April 15, 2011 at 7:10 am
[…] “An excellent book!” — Paul Wilmott Want to break into the lucrative world of trading and quantitative finance? You need this book! The last one is more about how the Rothschilds international banking network are taking control of the Middle Eastern money supply system. “Rothschilds Stage Revolutions in Tunisia and Egypt To kill Islamic Banks In Emerging North African Markets” (Feb 9 2011) http://www.puppet99.com/?p=126 […]Reply
Frederick Dsouza says:April 17, 2011 at 3:21 pm
The best way to live is to live without money . The Freeconomy Community http://www.justfortheloveofit.org will help your start. Its “pay it forward” concept. its sustainable living .enjoyReply
Ротшильды против арабских правителей | Красноярское Время says:April 19, 2011 at 12:44 pm
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[…] noviny už na podzim loňského roku. Například Telegraph z 19. října 2010 informoval o ambiciózním bankovním projektu zetě dnes již odstaveného prezidenta Ben Aliho, Sakhera El Materiho, který v květnu 2010 […]Reply
Lefty says:May 18, 2011 at 5:17 pm
Walking in the preecnse of giants here. Cool thinking all around!Reply
Alternativní osud – ten náš » Západní bankéřšké klany se pokusily převzít moc nad Arábií a Afrikou! Úspěšně? says:June 12, 2011 at 4:05 pm
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Dave Bradley says:June 26, 2011 at 3:15 pm
I knew that these revolutions were not about democracy, I did not know about the banks. The Rothchilds are a very evil family with no morals, how they get away with these deals just goes to show you how much wealth and power they have. They have been doing this for 300 years. Their influence is everywhere in the world. They run the Fed Reserve and are at the root of our problems. From the mafia to Hollywood to global finance.Reply
Citizen of Tunisia says:July 6, 2011 at 10:24 am
First I would like to say that I am a Tunisian living in Tunisia , and I am fully aware and up to date regarding the events in my country . I remember that the day they announced the opening of ” the first Islamic bank in Tunisia ” : The Zitouna Bank, I was quite surprised . And the reason for that is that Mr. Ben Ali had something against Islam : people were prosecuted , tortured , assassinated , forced to be exiled etc.. just for being .. too Muslim. But here it is , something we never have dreamed of happening. But soon we realized that it was a cover for something very different . The associates of Sakher El Materi , the president’s son in law , and the one who opened the bank , were very far from being Islamic : they had a reputation of corruption , took public money and one of them even had a liquor business going on . They were washing money in a way or another .
I expect to see more Islamic banks to open up shop in the region , I don’t think Rothschild staged our historic moment.
Plus , Ben Ali had relations with the Rothschild banks , they helped him establish his family’s supremacy over airline companies , and when he needed advisory for anew telecommunications license that was to be granted to one of his daughters , Rothschild was there.
Tunisia has a long history with the Rothschild Banks , they gave a the king of Tunisia , in the 19 th century , a huge loan that he didn’t payback , and as a result , the French colonized our country for 75 years .
Ia really think that we did this revolution , not the Zionists .Reply
che20/20 says:July 19, 2011 at 4:23 pm
Yes, the people of Tunisia did do the revolution, but there were also activists and revolutionaries organizing it. Some were photographed wearing Otpor t-shirts. Otpor is Soros’ “head office” for the training of activists in former Yugoslavia. Hundreds of thousands of dollars were spent training activists (by Soros’ Open Society Foundation and NED and MEPI) in the methods used in Tunisia. Draw your own conclusions. If anyone out there has information on where activists got their training, that would add to the evidence.
I would think that Ben Ali opened Zitouna Bank as a business opportunity (not because he was a good Muslim) with the help of financing in Bahrain and with an eye towards becoming a centre for Islamic banking in Africa (as Bahrain was becoming in the Gulf states). On January 20th, Zitouna Bank was taken over by the Central Bank of Tunisia. Central banks are not run by their governments, rather they are privately owned by international bankers. Ultimately this puts the international banking cartel in control of Zitouna and its profits. As the Rothschilds have funded both sides of a war, I think they may fund both sides of a banking war (if there is profit to be had) and try to make inroads into the control and profits of Islamic banking at the same time they are competing with it.
Lastly, because Ben Ali did business with the Rothschilds in the past does not mean they would have tolerated his move to establish Tunisia as a centre for Islamic banking – Zitouna was not financed by Rosthschild banks but by funds from Bahrain.Reply
Citizen of Tunisia says:July 28, 2011 at 6:11 am
Well if the Rothschild took all this trouble only to take down one islamic bank , than they are quite … unefficient . Islamists are expected to win the elections in Tunisia , and with them in power , you can expect islamic economy to become predominant . that means more islamic banks will be established . If the Rothschild did the revolution (stress on the If) than taking down banks isn’t why they did it .
as for the activists , well … you don’t really need training to go to the street and start shouting . the revolution was not organized or embraced by any party or organisation. but as soon as the labor union started staging strikes all around the country , the down fall of the regime grew faster.
as for who owns the central bank , I may need to verify
however , I may point that the 14th of January manifestations in Tunis were not random or spontaneous . they were staged and organized . Because during that week , on facebook , I saw an invitation in form of a photo that pages published , entitled “The Jasmin revolution” and asking people to take to the streets of Tunis on the 14th . and again the union was there to give it some kind of organisation .Reply
che20/20 says:July 28, 2011 at 10:00 am
Thanks very much for your perspective as a Tunisian.Reply
Citizen of Tunisia says:July 29, 2011 at 4:39 pm
You are welcome
» Blog Archive » THE WORLD FINANCIAL SYSTEM IS A TOTAL FRAUD says:July 20, 2011 at 5:47 am
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url verkorter says:October 7, 2011 at 11:15 pm
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OTV Egypt says:October 12, 2011 at 12:21 pm
Good, Rothschild Revolutions in Tunisia, Egypt Kill Islamic Banks | Puppetworld Post.Reply
Sotaa tukevat kommunistit « Weltschmerz says:December 31, 2011 at 8:33 am
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Psychic chat room • Rothschilds killing islamic banks that charge no interest says:September 11, 2012 at 7:49 am
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