Tuesday, August 23, 2016

Engaging a Dog Catcher to talk Economics

The evidence is in that the Jewish Hate And Incitement Machine (JHAIM) is running out of money or tricks or both by which to brainwash its victims. That is clearly apparent at this time because the machine is failing to attract even a semi-respectable character to do the hating and the incitement for it.

To wit, the machine has convinced Frederick Deknatel – who is no more knowledgeable in economic matters than a dog catcher – to attach his name to an article that came under the title: “IMF Bailout Offers Little Relief to Egypt Given el-Sissi's Track Record,” published on August 19, 2016 in World Politics Review.

The JHAIM always had two main objectives. First, to sabotage the economies of the countries whose blood the Jews cannot get to siphon off. Second, to try and bring about regime change in the countries where the leaders are no brain dead zombies of the kind that populates the District of Columbia.

As can be seen in the title of Deknatel's article, the leaders of the JHAIM are predicting that no relief will come to Egypt even after the IMF bailout, a speculation they hope will scare away potential investors in the Egyptian economy. And they assert that President Sissi is the problem, which is how they start every new project for regime change, thus incite the Americans to drop everything they do, and work to realize the Jewish fantasy.

You go through the article in search of one idea or insight that may be identified as an original contribution by the author, and find none. Instead, you discover that the article consists of using the sayings of other writers, and placing them in a narrative that supports the JHAIM objectives. Worse, despite the promise that the discussion is about the IMF bailout failing to offer relief to Egypt, you find that the writer never touches on that topic directly.

Instead, you find him say that Sissi has “pursued grandiose development projects like the expansion of the Suez Canal and a new administrative capital … designed to appeal to national pride.” He adds that on top of that, Egypt has “ongoing political turmoil that keeps the tourism industry down.” So you wonder: Is that all he regards as Sissi's track record that will prevent Egypt from allocating the IMF bailout money in a beneficial way?

To begin with, the political turmoil started long before Sissi came to power. In fact, he came as a result of the turmoil. As to the expansion of the Canal; it was made possible by a bond issue that the public bought and paid for. As to the new capital city, it will be financed with local and foreign private capital. The significance of all this is that not a single penny of the government budget has gone into these projects or will go into them.

Why is it important to mention all that? It is important because the IMF loan is designed to offset the government fiscal deficit. Now, if Frederick Deknatel were at least one notch more knowledgeable than a dog catcher in matters relating to the economy, he would have talked about the deficit, its causes and the possible solutions to it. But he did nothing of the sort.

Even when he had the opportunity to add something of his own to the discussion, he failed to see the significance of what someone he quoted had said. Here is that part: “The IMF's mission chief in Egypt said that the economic reform measures included a VAT and more cuts to energy subsidies … According to the Times, he said that Egyptian officials have specified that the added revenue would be used to increase food subsidies and social programs for the poor”.

Would that solve the deficit problem or would it compound the problem? There is certainly a legitimate debate that can be had here. Instead of seizing the opportunity and doing something that is his own, Deknatel the dog catcher, did this: “Sissi is surely fearful of stoking bread riots like the ones in 1977, when then-President Anwar Sadat, as part of his own loan deal with the IMF and World Bank, cut subsidies on basic foodstuffs”.

What's that about? It is the kind of talk that advances the agenda of the JHAIM leaders but does nothing to raise the level of debate in America, or add to the pool of knowledge that the citizens need to live their daily lives, especially when dealing with a world that's getting more knowledgeable and more sophisticated.

All in all, America is losing something permanently so that the Jews may gain something temporarily. The reality is that the JHAIM is dismantling the culture that led America to the moon and the planets, replacing it with the Judeo-Yiddish culture that led the Jews to pogroms and the Holocaust. What a staggering reduction!