Tag Archives: ECB

WHO CAN TRUST TRUMP’S AMERICA?

Gary Newman is a good friend of mine who attends the Milwaukee congregations of the United Church of God. Photography is his hobby, particularly taking pictures of birds in Wisconsin. The above picture is taken from his latest book of wildlife, a collection of his photographs.
Gary struggles with Parkinson’s and would appreciate your prayers.

“The pithiest summary of Donald Trump’s foreign policy comes from the president himself.   Referring to the mayhem he has uncorked in Syria, he tweeted:  “I hope they all do great, we are 7,000 miles away!”   Mr. Trump imagines he can abandon an ally in a dangerous region without serious consequences for the United States.   He is wrong.   The betrayal of the Kurds will lead friends and foes to doubt Mr. Trump’s America.   That is something both America and the world should lament . . .

“Mr. Trump campaigned on bringing troops home.   He has argued that America must rid itself of ‘endless wars.’   When he says Russia, Iran and Turkey can deal with the mess in Syria, many of his voters will agree.   After almost two decades at war, they have tired of America’s acting as the world’s policeman.   Some Democrats would like to pull troops out of the Middle East, too, including Elizabeth Warren, a leading contender to replace Mr. Trump.”   (“Who can trust Trump’s America?” – The Economist, 10/19)

————————————————

TURKEY MAY GO THE WAY OF VENEZUELA

Turkish citizens are wildly optimistic about the invasion of Syria that began Oct. 9.   President Recep Tayyip Erdoğan’s decision finds broad support within Turkey, including from all the major opposition parties except the pro-Kurdish People’s Democratic Party.   The incursion is understood domestically not only as a measure to protect the country from the Kurdish forces Mr. Erdoğan calls “terrorists,” but also to affirm Turkey’s status as a power; Ankara no longer must bow to the wishes of Washington, Berlin or Moscow.

Then there’s the pessimistic view, the one I share.   The invasion damages Turkey internationally:    Western and Arab governments have condemned the military operation, as have the Russian, Iranian, Indian and Chinese governments.   Volkswagen paused a planned investment in Turkey, and other companies may follow suit. Congress is weighing economic sanctions.   Italy, France and Germany have suspended arms sales.   Tensions are heightening between Turks and Kurds in Germany, and will likely rise within Turkey as well.   (“Turkey may go the way of Venezuela,” Daniel Pipes from the Wall Sreet Journal, 10/24)

——————————————

CANADIAN ELECTION

The Canadian election has been held and leaves Justin Trudeau in charge, albeit with a minority government.   He will now have to negotiate with other parties to keep himself in power.   The following is an item from before the election.

In a Friday, October 11, 2019, sermon that was uploaded to the Muslim Youth Victoria YouTube channel, Canadian Sheikh Younus Kathrada reminded his audience that who they vote for in the upcoming Canadian elections, if they decide to vote, will be recorded by the two angels on their shoulders and that Allah will ask them on Judgment Day why they voted for “filthy non-Muslims” who approve of homosexuality.   Sheikh Kathrada said that all of the candidates are “evil and filthy” people who support the Zionists against Islam and who do not have Muslims’ best interests in mind. He added that this is consistent with the Quranic statement that the Jews and the Christians will never be pleased with the Muslims. (MEMRI 10/16)

————————————————-

DRAGHI BOWS OUT AT ECB WITH WARNING ON EUROZONE WEAKNESS
Mario Draghi blames slowing global economy, Brexit uncertainty and recession fears in Germany

Speaking in Frankfurt after his final ECB policy meeting before stepping down, Draghi said the ECB was concerned that the economy of the 19-member currency bloc, which has slowed this year along with much of the global economy, faced “protracted weakness” going into 2020.

With consumer and business confidence low and trade with the US hit by Donald Trump’s latest raft of import tariffs, risks were all “to the downside,” said the Italian economist, who will be succeeded on 1 November by former International Monetary Fund head Christine Lagarde.

German companies were the worst affected, with employment in Europe’s largest economy falling for the first time in six years according to a closely watched business survey.   After 14 months of falling new orders from abroad and a steep drop in sales across the manufacturing sector in October, the German economy’s slide to the brink of recession appeared to be continuing unabated.   (Guardian * 24 Oct 2019)

(https://www.theguardian.com/business/2019/oct/24/germany-eurozone-stagnation-economy-output-recession)

———————————————-

TO THE POINT

  • The search for the perfect impeachable offense against President Trump is reminiscent of overzealous prosecutors who target the defendant first and then search for the crime with which to charge him.   Or to paraphrase the former head of the Soviet secret police to Stalin:   show me the man and I will find you the crime.   (“Impeachers searching for new crimes,” Adam Dershowitz, Gatestone, 10/24)
  • If, according to Hamas, Turkey has the right to protect its border, why does Israel not have the same right?   (“Why Hamas supports Erdogan’s War,” Gatestone, 10/22)
  • With only a few days to go until Brexit, scheduled for October 31st, it seems doubtful it can go ahead.   The British parliament has made it virtually impossible for Boris Johnson to leave.   The EU, however, is clearly growing tired of this and has granted an extension of undetermined length (to be decided next week). Clearly, this is the last extension they will grant.   EU Commission President Jean Claude Juncker described the whole Brexit process as “a waste of time and energy.”   What has become clear through the whole Brexit process is that the EU is in charge and Britain plays the subservient role.   This is Britain’s national humiliation.   It is also clear that it is impossible to negotiate a deal with the EU, as the former Greek finance minister warned, as they won’t budge an inch.   Donald Trump should remember this when negotiations begin for a new trade deal with Europe – it’s their way or no way!
  • The deaths of 39 people in a lorry (truck) just outside of London shows that people traffickers are still very active.   The people found inside were Orientals.   Only one has been identified, a young lady from Vietnam who was a human rights activist.   She had texted her mother from inside the truck saying she was finding it hard to breathe.   The Chinese government is blaming the British for this.   In one way, this is correct.   If Britain’s welfare system was not so generous, many people would be less inclined to go there.   An immediate solution that would improve the situation would be to deny welfare and healthcare to immigrants unless they have worked there for five years.     It’s an unlikely solution as neither branch of government (healthcare is government controlled) is set up to manage such a system.   So expect more people smugglers.   And, realize, for every truck found, there’s probably 20 or 30 get through and unload their passengers with no problems.   Revelation 18:13 warned that the end-time economic system would see a great trade in human beings:    “The merchandise of gold, and silver, and precious stones, and of pearls, and fine linen, and purple, and silk, and scarlet, and all thy wood, and all manner vessels of ivory, and all manner vessels of most precious wood, and of brass, and iron, and marble, and cinnamon and incense, fragrant oil and frankincense, wine and oil, fine flour and wheat, cattle and sheep, horses and chariots, and bodies and souls of men.” (NKJV)
  • Human trafficking is now the world’s biggest trade, and is far more profitable than drugs.   People pay approximately 30,000 pounds ($39,000) to be “smuggled” from China through Belgium to England.   One other thing needs to be said:   these people cross at least a dozen countries to get to England.   Anti-Brexit propaganda says the British economy will collapse when the UK exits the EU.   Obviously, these people have far more confidence in the future of the British economy that the Remainers have!

Had a great time in the Dells.   My wife has a pain in her right leg (which has just been diagnosed as a Baker’s cyst), making it very difficult to walk.   And I’ve had the flu since we got back.

RASHIDA TLAIB

Rashida Tlaib was kicked out of a Donald Trump event during the 2016 election. She wasn’t sorry then, and will likely remain a strong anti-Trump voice. (Bustle website, By Joseph D. Lyons, Aug 8 2018)

Rashida Tlaib became the first Muslim woman to enter Congress earlier this month.   From Detroit, the lady has already succeeded in re-writing American history.   She famously described the president using a particularly offensive expletive and made an untrue statement that has not been challenged by anyone.   In talking about the use of the Koran in the swearing in, she said:

“I like that,” the Democrat told CNN. “I like that it’s kind of pushing against the stereotype that somehow we’re new to this country.”

Ahh, but Muslims are new to this country.

There’s no record of any before the US Civil War.   If there were, no doubt there would be Muslims buried in Civil war cemeteries.

It is estimated that between 10-20% of African-American arrivals during the slave trade were Muslim, but they were forced to convert to Christianity upon arrival.   They were also forced to accept Christian names.

So, when did Muslims arrive?   From the 1880’s to 1914, many arrived in America as refugees from the Ottoman Empire.

In 1929 the country’s first ever mosque was built, in Chicago.

It was after 1965, the year that Senator Edward Kennedy introduced his Immigration Reform Bill, that Muslims started to arrive en masse.   Additionally, a high birth rate contributed to rapid growth.

“In 2005, more people from Muslim-majority countries became legal permanent United States residents – nearly 96,000 – than there had been in any other year in the previous two decades.   In 2009, more than 115,000 Muslims became legal residents of the United States.”  (Wikipedia, Islam in America.)

So, the real growth in the numbers of Muslims, is fairly recent.

WAS JEFFERSON A MUSLIM?

Most Americans would have been surprised when she was sworn in as a US Congresswoman on Thomas Jefferson’s Koran.   This news has been received with great enthusiasm by the anti-Christian media, ever desirous of distancing American history from its Christian roots.

Now, owning a Koran does not make you a Muslim.   I have one in my library.

But, in the history of US-Muslim relations, Jefferson’s copy may have had more significance.

The Barbary pirates were America’s first major foreign policy challenge following independence.   Four Muslim nations along the North African coast (Algiers, Tripoli, Tunis and Morocco) were seizing shipping and US sailors in the western Mediterranean.   It is estimated that between 1 million and 1.25 million white slaves were being held by these slave-owning nations at this time.   The only nations that escaped were those who paid a ransom to the Arab countries.   The US did this for a while, giving a full 10% of its annual budget.   Clearly, this could not go one.

Attacks on American shipping began in 1784 and continued for about twenty years.

“In March 1786, Thomas Jefferson and John Adams went to London to negotiate with Tripoli’s envoy, ambassador Sidi Haji Abdrahaman (or Sidi Haji Abdul Rahman Adja).   When they enquired “concerning the ground of the pretensions to make war upon nations who had done them no injury,” the ambassador replied:

“It was written in their Koran, that all nations which had not acknowledged the Prophet were sinners, whom it was the right and duty of the faithful to plunder and enslave; and that every mussulman who was slain in this warfare was sure to go to paradise.   He said, also, that the man who was the first to board a vessel had one slave over and above his share, and that when they sprang to the deck of an enemy’s ship, every sailor held a dagger in each hand and a third in his mouth; which usually struck such terror into the foe that they cried out for quarter at once.””

“Jefferson reported the conversation to Secretary of Foreign Affairs John Jay, who submitted the ambassador’s comments and offer to Congress.   Jefferson argued that paying tribute would encourage more attacks.   Although John Adams agreed with Jefferson, he believed that circumstances forced the U.S. to pay tribute until an adequate navy could be built.   The U.S. had just fought an exhausting war, which put the nation deep in debt.”  (“First Barbary War,” Wikipedia)     (Note:   the word”musselman” is an old term for Muslims.)

Although there is no official record of when Jefferson acquired his copy of the Koran, this seems the most likely.   He was reading it to better inform himself on the actions of the Arab leaders America was threatened by.   Such a course would be advisable today.

The turning point in the war was the Battle of Derma in 1805, when US and mercenary troops, captured the Tripolitan city of Derma. They were then able to use the conquered city as a bargaining chip for the release of US personnel and to impose a peace.

During this twenty-year period the US acted alone, as all the European countries were pre-occupied with fighting Napoleon.

If we do not read more American history, people like Rashida Tlaib will get the better of us, making exaggerated claims by Muslims.

Ms Tlaib should also be mindful of what the Bible says about Jesus Christ.

“Neither is there salvation in any other;  for there is no other name under heaven given among men, whereby we must be saved” (Acts 4:12)

He can even help you clean up your language!

—————————————————————

ISLAMIC PARTY OF ONTARIO

In addition to the four main parties already contesting elections in Ontario, there is now an Islamic party.

“It operates with a mandate to introduce Islamic rule in Ontario and Canada because, according to the fledgling party,   “We understand and believe that Islam is the native DEEN (religion) of Ontario and Canada.”

“The Islamic Party of Ontario is headed by one Jawed Anwar, who operates out of the Toronto neighborhood of Thorncliffe Park.” (Middle East Forum, Tarek Fatah, 1/1/19)

——————————————————————

Palestinian-American activist Linda Sarsour says the prophet Muhammed was a human rights activist

On December 2, 2018, Palestinian-American political activist Linda Sarsour spoke at the 2018 Salam Annual Banquet, held at the Salam Community Center in Sacramento, CA.   She criticized President Trump for moving the U.S. Embassy to Jerusalem, saying:   “I declare to all of you here today in Sacramento that Jerusalem is and always will be the capital of Palestine.”   Calling the Trump administration fascist, she encouraged Muslims to become involved in politics even if their mosques usually avoid politics, because, she said, simply being Muslim is a political act. The Prophet Muhammad, she asserted, was a human rights activist, adding that there is no need for workers’ rights movements, environmental justice movements, or Black Lives Matter movements, or anti-racism or feminism, because Islam taught these values long before they were hashtags or movements.   She added:   “I don’t need people in the West, people in Europe, or people in the United States . . . to teach me what feminism is.”   (MEMRI, No. 7878, January 9 2019)

——————————————————

SAUDI JOURNALIST WRITES:

In his July 8, 2018 column in the Saudi daily Al-Jazirah, Muhammad Al-Sheikh slams Arab and African Muslim immigrants who choose to live in the West and even risk their lives to reach it, yet express hatred and contempt towards the West and regard it as infidel.   He criticizes in particular the ingratitude of mosque imams in Europe, some of whom are immigrants themselves, who abuse the democracy and free speech in their host countries by inciting against the West.   In light of this, says Aal Al-Sheikh, the European right’s opposition to immigration is justifiable, for it is only natural to oppose the influx of immigrants who are “steeped to the bone in a culture of hostility and hatred.” (MEMRI, 7840. 1/10/19)

———————————————————

America is heading for an almighty fight over presidential authority  (Leaders * Jan 9th 2019 * The Economist)

THE GOVERNMENT has partially shut down.  Again.   No other advanced democracy has government shutdowns.   In America they have become almost routine.   This is the third since Donald Trump became president and by far the most damaging.   The others were resolved quickly; this is already the second-longest on record. It is not happening because America is in turmoil: the country is not at war, unemployment is as low as it has ever been.   It is happening because that is what the president wants.

What is playing out in Washington is the denouement of a political fight.

Mr. Trump was elected on a promise to build a wall on the southern border, though Mexico was supposed to pay for it.   The new Democratic majority in the House is reluctant to give the president a victory on his best-known policy.   The Senate majority leader, who might be able to end the standoff, is AWOL.

­­­­­­­­­­­­­­

——————————————————————-

Stretched Thin

In fact, living paycheck to paycheck – meaning there’s not a cash cushion to cover the bills if the income stops for awhile – is a common condition in America.   In the 12th richest nation in the world by per capita GDP, nearly 8 in 10 U.S. workers live paycheck to paycheck, according to a 2017 study by CareerBuilder, a human capital management firm.   And the trend crosses over income groups:   more than half of minimum wage workers said they needed to hold down two jobs to make ends meet, while one in 10 workers earning $100,000 or more yearly say they live paycheck to paycheck.

And if there’s an emergency?   A large number of Americans don’t have an accessible stash of money to cover a substantial health care expense or car repair, studies show.   The Federal Reserve Board in 2017 found that 44 percent of American households surveyed could not cover a $400 emergency expense.   A separate BankRate study last year yielded similar results, finding that while 34 percent of those surveyed had experienced a major unexpected expense in the previous year, just 39 percent of those surveyed said they could tap $1,000 from savings to cover it.   (“Stretched Thin,” US News, Susan Milligan, 1/11/19)

————————————————–

FROM THE EURO TO BREXIT

The Euro is twenty years old this month.  The Telegraph’s finance writer, Ambrose Evans-Pritchard wrote an article commemorating the anniversary.   Here’s an excerpt.

“While EU leaders quibbled over decimal points and debt repayment in Brussels, youth jobless rates reached 57pc in Greece, 56pc in Spain, and much the same across Italy’s Mezzogiorno.  These were levels once unthinkable in a modern developed democracy.  They have left a wreckage of ‘labour hysteresis’ that will lower economic speed limits for a generation to come.

“Several hundred thousand economic refugees came to work in Britain from the EMU depression belt.   A further wave from Eastern Europe came to the UK instead of going to the eurozone as they would have done in normal times.   The double surge had maximum impact just before the Referendum.

“More subtly, the euro crisis revealed that the pathologies of monetary union cannot be managed by normal democratic means. The elected prime ministers of Greece and Italy were toppled in 2010 and 2011 and replaced by EU functionaries in soft coups organized by Brussels and the pro-EMU vested interests of each country.

“The ECB switched off liquidity support for Greek commercial banks in 2015, knowingly (and illegally?) precipitating a banking collapse that was hard to reconcile with the ECB’s treaty duty to uphold financial stability.   When push come to shove, the reflex was authoritarian.   It spoke to the character of the EU.   That I why I voted for Brexit.”