Archive for May, 2006

The Collapse of the West: “Dutch Pedophiles Form Political Party”

Wednesday, May 31st, 2006

By Andrew L. Jaffee

Crime. Immigration. Terrorism. Lowering morals. A public school system in disaster. Our politics are falling apart, in a contradictory manor: one side wants “sensitive” treatment of Iran’s mullahs, and still believes there’s no problem which money won’t solve; the other side seeks to deny rights to gay citizens and worry about abortion — and is also willing to piss away billions. And both parties are rife with scandals. Sound familiar? But maybe not yet quite as bad as in the Netherlands. From the AP:

Several self-avowed pedophiles founded a political party in the Netherlands on Wednesday, but it was unclear whether the party has more than a handful of members.

The Charity, Freedom and Diversity party said its central campaign platform will be lowering the age of consent in the Netherlands from 16 to 12.

“Forbidding children from sex only makes them more curious,” party president Martijn Uittenbogaard told The Associated Press.

No wonder the Muslim world looks at the West with disdain: a weak, corrupt society easily toppled. But hope is not lost. There are still a good many Westerners who may wake up before it is too late.


Evidence of Mugabe’s Eradication of “Filth”

Wednesday, May 31st, 2006

Amnesty International has documented Zimbabwean President Mugabe’s eradication of the homes of his own people, whom he calls “filth:”

Amnesty International has released images showing the destruction caused in Zimbabwe by the government’s policy of forceful house demolitions in 2005.

The satellite images show the destruction of one settlement near Harare, which had contained some 850 structures before last May.

The human rights group says the photos are irrefutable evidence how entire communities were obliterated.

The UN says some 700,000 people were directly affected by the demolitions.


Israel 1st-Time Naval Exercise with NATO

Tuesday, May 30th, 2006

By Andrew L. Jaffee

Israel is tightening its bonds with the West, rightfully so. From Reuters:

Israel announced on Monday it would fully participate in a NATO naval exercise for the first time, bolstering defense ties with the Western military alliance in the face of arch-foe Iran’s nuclear program.

Israeli military officials said the exercise, dubbed Cooperation Mako, would take place next month in the Black Sea and involve simulated combat between missile boat fleets as well as search-and-rescue drills.

“This marks the first time a unit of the Israel Navy will fully participate in an operational NATO exercise,” said an Israeli military statement. Israel had previously held only observer status in such maneuvers. …

Some Western officials have speculated that Israel would eventually apply to join NATO’s 26 member-states. “If Iran feels that Israel is … in the pact, it will behave differently,” former Spanish Prime Minister Jose Maria Aznar said in March.

But full membership is seen as unlikely in Israel, given its tradition of going it alone on matters of top military priority.

Hmmm. I’m not sure I buy this “going it alone” stuff. Hopefully, this exercise will pave the way for Israel’s full membership in NATO.


Ahmadinejad Reiterates Holocaust Denial… Again

Tuesday, May 30th, 2006

By Andrew L. Jaffee

As if he’s really trying to make a point, Iranian President Ahmadinejad has reiterated his Holocaust denial… again. From Ynetnews:

In an interview with Germany’s Der Spiegel magazine, Ahmadinejad said he doubted Germans were allowed to write “the truth” about the Holocaust…

“I believe the German people are prisoners of the Holocaust. More than 60 million were killed in World War Two … The question is: Why is it that only Jews are at the center of attention?” he said in the interview published on Sunday.

“How long is this going to go on?” he added. “How long will the German people be held hostage to the Zionists?… Why should you feel obligated to the Zionists? You’ve paid reparations for 60 years and will have to pay for another 100 years.”


New Route to the West

Tuesday, May 30th, 2006

by Daniel Pipes
New York Sun*
May 30, 2006
* Cross-posted with permission

The illegal immigration of non-Western peoples, I predict, will become an all-consuming issue in every Western country.

As Western birth rates plummet, as communication and transportation networks improve, and as radical Islam increasingly rears its aggressive head, Europeans, Americans, and others worry about their economic standards and the continuity of their cultures. After ignoring this issue for decades, reactions in Europe especially have sharpened of late.


Palestinian Diplomacy 101

Monday, May 29th, 2006

Here’s Palestinian diplomacy in action:

“Nobody can trust Israel… Nobody will recognise Israel,” he said in Malaysia.

The “he” is Mahmoud Zahhar, Hamas’ foreign minister. Another peace “partner?”

“We are looking for foreigners to kill”

Monday, May 29th, 2006

By Andrew L. Jaffee

After a tragic auto accident today, involving U.S. military vehicles, several Islamo-fascists decided to start a riot, and lash out against those working hard to help Afghanistan climb out of the Stone Age. Here is the mentality of the rioters:

…”We are looking for foreigners to kill,” one protester in his late 20s, Gulam Ghaus, said near where rioters burned a police post.

These “protesters” went after a building housing CARE, a group who is trying to teach Afghanis the principles of self-reliance and self-determination:

…chanting protesters marched on the presidential palace and rioters smashed police guard boxes, set fire to police cars and ransacked buildings, including the compound of aid group CARE International. Computers were set on fire and smoke billowed from the buildings…

What a sickness: yearning for the Stone Age.


Uribe Countering Latin Trend (Colombia)

Monday, May 29th, 2006

By Andrew L. Jaffee

Colombia’s President Alvaro Uribe has easily coasted to re-election victory, garnering 62% of the vote. According to the BBC, “Correspondents say his tough policies against drugs and militants paid off.” This is absolutely true. Colombia was being split up into right-wing and left-wing enclaves — fiefdoms if you will — whose life-blood was drug money.

Uribe got reelected precisely because he has started to clamp down on the feudal gangs. Like the FARC, the Revolutionary Armed Forces of Colombia, which murdered 17 peasants, including 6 women and 4 children, who were gathered to celebrate New Year’s Eve last year.

But Uribe has also taken down right-wing murderers, like the AUC (United Self-Defense Forces of Colombia).

Uribe is countering the current trend in Latin America:

Mr Uribe has been an ally to Washington, at a time when other Latin American countries, for instance Venezuela under Hugo Chavez and Bolivia under Evo Morales, have been turning against the US.

The result suggests Colombians have rejected left-wing alternatives, as well as the traditional liberal and conservative parties that have dominated Colombia’s political life since independence from Spain, says our correspondent.

Government figures suggest Mr Uribe’s hardline policies have been successful, with the 15,000 murders last year fewer than half the figure three years before, when Mr Uribe was elected, and kidnappings cut by two thirds.


Foreign Affairs Canada backs its favourite Palestinian terrorist

Sunday, May 28th, 2006

By Canadian Coalition for Democracies

Toronto, Canada, Sunday, 27 May, 2006 – In its first four months in office, Stephen Harper has made significant changes to Canada’s foreign policy. Foreign Minister Peter MacKay led the world in denying further aid to the Palestinian Authority now dominated by Hamas, an illegal terrorist organization under Canadian law. He also added the Tamil Tigers to the list of illegal terrorist organizations. It appeared to many hopeful Canadians that Canada’s foreign policy would no longer tolerate terrorism.

Yet on March 7, Peter MacKay issued a statement announcing that “Palestinian Authority President Mahmoud Abbas has Canada’s full support.” Given the terrorist credentials and continuing actions of Mahmoud Abbas and his party, many Canadians worried that our foreign policy may be less about unequivocally denying support to terrorists, and more about Foreign Affairs Canada backing its favourite terrorist.

The Fatah party that now apparently enjoys Canada’s full support acts according to its charter, available for all to see on its website. With the weight of our own Charter of Rights and Freedoms, the Fatah (PLO) charter states that “the liberation of Palestine will destroy the Zionist and imperialist presence”, “armed struggle is the only way to liberate Palestine”, “the establishment of the state of Israel [is] entirely illegal”, and “Jews [do not] constitute a single nation with an identity of its own.” These are the principles consistent with the terrorist actions of the party to which Canada has curiously pledged its “full support”.


The Tyranny Doctrine

Friday, May 26th, 2006

by Danielle Pletka and Michael Rubin
Los Angeles Times*
May 26, 2006
* Cross-posted with permission

Last week, Secretary of State Condoleezza Rice announced resumption of full U.S. diplomatic relations with Libya, citing Tripoli’s renunciation of terrorism and intelligence cooperation. This ends a quarter-century diplomatic freeze. It also marks an effective end to the Bush doctrine.

At his second inauguration, President Bush declared: “The survival of liberty in our land increasingly depends on the success of liberty in other lands. The best hope for peace in our world is the expansion of freedom in all the world.”

Since that soaring pronouncement, the Bush administration has watched Egypt abrogate elections, ignored the collapse of the so-called Cedar Revolution in Lebanon and abandoned imprisoned Chinese dissidents; now Washington is mulling a peace treaty with Stalinist North Korea.


Saudi Arabia’s Unpromising Film Industry

Friday, May 26th, 2006

Breaking news about a new Saudi film… that will never be seen in Saudi Arabia? From the BBC:

A film launched at the Cannes Film Festival this week is, say its producers, the first Saudi Arabian feature-film – although it was actually filmed in Dubai.

Although? Although:

At the moment public cinemas and theatres are banned in Saudi Arabia. …

Not only are there no public cinemas in the kingdom, but there is only a small film-making industry, concentrating on short films and documentaries. …

The lack of Saudi cinemas means that when it is released after the Cannes publicity machine the film will be seen only in other Middle Eastern nations and on DVD. …

There is a long-term desire to get more film into the kingdom and a belief that Saudi society may finally be ready to accept cinema-going as a social activity.

And those behind the film also clearly hope it will help loosen some of the social restrictions in this highly conservative nation.

We’ll see…

Enron Execs Convicted

Thursday, May 25th, 2006

By Andrew L. Jaffee

The two top Enron executives, Ken Lay and Jeffrey Skilling, who defrauded employees and investors out of millions, “have both been found guilty on fraud, conspiracy and other charges.” Some may wonder why it has taken so long for the wheels of justice to catch up with these malefactors. The main reason was the slick and complicated nature of the financial manipulations they used. They didn’t intend to get caught — I know, that sounds pedantic.

But remember that these guys were savvy, big-league players whose modus operandi was way beyond the take an extra 10 spot out of the cash register twice a week minor league scamming.

The “pros” used nuances in financial laws to try to hide what they were doing. They were tampering with core financial statements which, if handled with integrity under honest management, can create tremendous wealth for all the employees and shareholders of a decent company. It should be noted that there were maybe 20 companies implicated in the post-1990′s apocalypse, while there are least 10,000 companies which never did anything dishonest.

But at Enron and WorldCom, these financial wiz-kids were bending — even re-writing the rules: “Ya see that income entry for $119.4 million; let’s move some decimal places around, because our earnings announcement is next week.” These pack-rats wearing Gucci suits were borrowing/lending money in and out of shareholder assets, and using legal loop wholes to keep the transactions off their balance sheets, income statements, and statements of cash flow.

Hiding assets is illegal for publicly-traded companies, most of the time, but I’m sure the loopholes are ever-adapting. These miscreants used nuances in financial laws to try to hide what they were doing, and felt quite confident with all their MBA degrees. Being cocky and taking risk are great strengths in our system, but guys like Ken Lay got greedy and power-hungry on top of being cocky. But he did so very craftily. Because of the complexity of accounting standards and laws (sometimes politically motivated), its not always easy to prove wrongdoing. Hence, it can take years of time while forensic accountants poured over thousands of financial statements, memos, call logs, etc., while at the same time highly-paid defense lawyers impeded prosecutors’ requests for information. But most of the crooks of the 1990′s bubble have been indicted, convicted, or are now rotting in jail.

I still hear grumblings along the lines of, “The white collar crooks always get off easy,” but that has not been the case for the leeches complicit in the party-like-its-1999 economic collapse. For example, WorldCom’s Bernie Ebbers will never see the light of day again. CEO Dennis Kozlowski and former CFO Mark Swartz of business conglomerate Tyco were each sentenced to 8-25 years in jail, and forced to pay $239 million in restitution.

There is justice in the home of the brave, land of the free. Tyco, WorldCom, Martha Stewart, Arthur Andersen, Adelphia, and Global Crossing… justice has caught up with all of them.

If you are an investor, buy low, sell high, and be smart.


U.S. Economy on Fire

Thursday, May 25th, 2006

By Andrew L. Jaffee

The U.S. economy is on fire. The Department of Commerce announced today that GDP (gross domestic product) for the first three months of 2006 grew at an annualized rate of 5.3%. GDP is defined as the market value of all the services and goods produced by labor and property in the U.S. This is way up from the 1.7 percent increase in the last three months of 2005. From

It was the best rate of growth since the fourth quarter of 2003.

Consumer spending, which accounts for about 70 percent of the nation’s economy, grew at a 5.2 percent annual rate in the first quarter, but that was down from the original reading of 5.5 percent.

The decline was largely responsible for the number coming in lower than forecasts, according to Anthony Chan, chief economist for JPMorgan Private Client Services.

But Chan said the report was positive for financial markets because it should calm inflation fears and give the Federal Reserve more flexibility to not raise rates at its meeting in late June.

A closely watched inflation measure in the report, which measures prices paid by consumers for items other than food or energy, rose at a 2.0 percent annual rate in the quarter, unchanged from the government’s initial reading, which lessened inflation fears in the markets.

“This is definitively one of the best case scenarios anyone could hope for,” Chan said. “The 5.3 percent growth is still strong, and the 2.0 percent is definitely still in the sweet spot for the Fed. This makes Goldilocks look good.”

Here’s a chart I threw together of U.S. GDP growth by quarter from Q2 of 2002 through Q1 of 2006, based on numbers from the Bureau of Economic Analysis:

U.S. GDP on Fire!


The End of the Serbian Empire

Thursday, May 25th, 2006

By Andrew L. Jaffee

Montenegrins have spoken: they’re done with being under the thumb of bully on the block, Serbia. They’re free, and can chart their own destiny. Lucky for Montenegro that it did not have to suffer through the Serbian rampages against the other former Yugoslav “republics” whose only crime was to reach for treasured independence. It is ironic that Slobodan Milosevic did not live long enough to see his neo-imperialist, socialist (not an oxymoron) dream of a “Great Serbia” fall into the ash-heap of history. From the Beeb:


Hamas: Politics, Charity, and Terrorism in the Service of Jihad

Wednesday, May 24th, 2006

by Matthew Levitt
Yale University Press, 334 pages, $26

Alms for Jihad: Charity and Terrorism in the Islamic World
by J. Millard Burr and Robert Collins
Cambridge University Press, 343 pages, $28

Journey of the Jihadist
by Fawaz Gerges
Harcourt, 296 pages, $25

Reviewed by Michael Rubin
May 23, 2006
New York Sun*

* Cross-posted with permission

Popular Notions Laid Bare

Hamas’s election victory shocked the West.”I don’t see how you can be a partner for peace if you advocate the destruction of a country as part of your platform,” President Bush said at a January 26 news conference after the results were announced. Subsequently,Washington cut off aid money to the new Hamas-dominated government, yet the White House’s resolve was not matched elsewhere. Two weeks after the election, Turkey’s ruling Justice and Development Party feted Hamas political leader Khalid Mishaal, a wanted terrorist. And earlier this month the Swedish government broke European consensus to issue a visa for a Hamas minister to attend a conference calling for the Jewish state’s destruction. Moscow has even suggested supplying arms to Hamas.