There was a time when Izzy (Israel) Asper had a thriving
broadcast business based in Canada, and reaching out to Australia and Turkey.
Things were going well for him because the Jewish Hate And Incitement Machine
(JHAIM) wasn't going near his enterprise.
In fact the policy of the Jewish leaders was fashioned in
such a way as to exploit the government funded network in first place, the
non-Jewish private networks in second place, and the Jewish owned networks in
third place. Because the Jews had near total control of the Canadian
Broadcasting Corporation (CBC) and partial control of the non-Jewish private
networks, they did not touch Asper's network.
What happened then was that Netanyahu of the Likud decided it
wasn't enough for the CBC to be only 100 percent biased in favor of Israel and
the other Jewish causes; and it wasn't enough for the non-Jewish private
networks to be only biased in favor of Israel and the Jewish causes; he wanted
more – much more. He wanted to see all the non-Jews turn into full-throated
round-the-clock unadulterated anti-Arab and anti-Muslim hate and incitement
machines.
They did for a while, but the stink rose to such heights,
the networks were forced, by the force of public opinion to back-off. This is
when the JHAIT started to infiltrate Asper's network and gradually take control
of it. By the time that the Jewish leaders were in total control of the
network, they were broadcasting daily anti-Arab and anti-Muslim pieces of pure
hate and open incitement.
The piece that drew most attention was the one in which the
network incited anyone out there who feared they might be infected with the
West Nile virus to sue the government for failing to warn the population about
the danger of the virus from Egypt because – as they put it – political
correctness. But then, the truth came out, and it was to the effect that West
Nile referred not to Egypt but to a province in Uganda where the virus had its
beginnings.
As it turned out, a team of Jewish-Israelis with dual
American citizenship had gone to that province to work on sabotaging Egypt's
effort to negotiate an equitable deal with the Nile Basin countries for sharing
the Nile waters. Members of the team caught the disease, took it to Israel, and
from there to New York and Canada. That's when political correctness really
played a role at killing the story.
The net result is that the performance of Izzy Asper's
network in this matter – when added to the accumulated other interferences by
JHAIM – brought it disdain, disgrace and disrepute. The network went into a
downward spiral to finally die an ignominious death.
Well, my friend, a similar scenario seems to have started
playing itself in the Bloomberg publishing empire. You can see evidence of that
in the article which came under the title: “Egypt's Failing Economy Is Sisi's
Fault,” published on August 16, 2016 on the Bloomberg View website.
Talking about the deal that Egypt has reached with the IMF
for a bridge loan, the writer/editor says the following at the start of his
presentation: “If recent history is any guide, it's likely to be good money
thrown after bad.” And this is how he ends his argument: “Egypt can once again
be a place worth investing in – but before that happens, a lot will have to
change.” His aim is clear; it is to scare prospective investors who might be
mulling investing in Egypt.
Between the start and the end of the presentation, the
writer cites a number of statistics (considered to be bad) and omits others
(considered to be good.) The bad statistics are what he says is a 13 percent
unemployment rate (actually it's 12.5 percent), a trade deficit of 7 percent of
GDP, and a budget deficit of 12 percent. Well, believe it or not, these numbers
would make many European nations drool. But the one statistic he omitted that
would make America drool is the growth rate. It has been 4.2 percent, and if
worse comes to worse, will only drop to 3.9 percent for the fiscal year just
started.
The writer/editor blames some of Egypt's woes on
circumstances outside of the nation's control, and he adds “but much of the
blame can be placed directly on Sisi.” He tries to explain that, but his words
come out like fragments from an exploding cluster bomb of pure ignorance.
Here is an article in a business publication whose editor
has prepared himself by reading two widely ridiculed articles published long
ago in such stalwart business publications as CNN and the New York Times. And
he consulted nothing of what professional business writers review before
writing something they submit for publication.
Look what he says has happened to the inflow of foreign
money into Egypt: “[they were] squandered on mega-projects of dubious merit,
including a huge expansion of the Suez Canal.” He goes on: “Fortunately the
dream of building a brand-new capital city seems to have been set aside”.
Well, even a casual observer of events in Egypt would have
known that the expansion of the Suez Canal was entirely financed with a bond
issue that only Egyptians could buy and pay for with the local currency – the
Egyptian Pound. As to the new capital city, work has already started on it, and
is picking up steam.
If the editor of Bloomberg View had been reading dispatches
other than those coming from CNN or the New York Times, he would have known
that one of the reasons why the IMF agreed to loan Egypt the money, is because
the country has embarked on those mega projects.
Everything else that the editor of Bloomberg View says is
baseless ideas and wishful thinking such as those coming from the characters
that populate the JHAIM.
The Bloomberg publishing empire is so big and powerful, it
will take a lot more than that to make it suffer materially, but that doesn't
mean it cannot suffer morally when it starts to experience disdain, disgrace
and disrepute.