Friday, September 30, 2016

Journalism as a Noise making Machine

It had to happen. Someone had to come and make it official: American journalism is not only in the sewer; the sewer is overflowing with waste.

The honor of exposing this reality to the world goes to Ilan Berman of the American Foreign Policy Council who wrote: “Egypt's Economy Is in Big Trouble,” an article that was proudly published on September 28, 2016 in a rag calling itself The National Interest.

You know that an article pretending to discuss the economy is counterfeit when the writer does nothing more than quote the political statements of other writers, and does the kind of math that would make a 10 year-old laugh. That's exactly what Ilan Berman did, basing his article not on the analysis of any data but on the writings of other individuals and other publications.

He then does the kind of math that makes him sound like a floor sweeper pretending to give a lecture on brain surgery. He begins by establishing that 40 percent of Egypt's 90 million population is between the ages of 10 and 20 years. He does not realize that this means 36 million babies would have had to be born in a 10 year period – an average of 3.6 million per year. A simple division would have told him this brings the growth rate in Egypt's population to 4 percent. If he knew anything about demography, he would have realized that this rate of growth was never achieved anywhere by the human species.

In addition, the writer goes on to say that someone named Ghafar “noted that overall youth unemployment in Egypt stands at 30 percent.” If he knew anything about youth unemployment worldwide, he would have realized this is not unusual as it reaches 40 percent in many places, and 50 percent in some places. He then shoots himself in the foot by making this observation: “The unemployment rate for university graduates is a whopping 34 percent, compared to just 2.4 percent for youth with less than primary level education”.

The reality is that when unemployment falls below 5 percent in a sector of the economy, a shortage of labor develops in that sector. According to Berman, therefore, there should be plenty of jobs to absorb those with an education that's between primary and university levels. They may not be “sexy” jobs but with an unemployment rate of 30 percent among the young, not many would be finicky. In fact, they are not. The young are taking these jobs but also registering as unemployed because they want a better job.

As to the university graduates the word has gone out to future juniors: “If you want to work immediately after graduating, avoid the humanities and get into science and technology.” That's because even in Egypt, journalists and politicians are not doing well at all whereas engineers and plumber are doing very well indeed.

Having shamelessly made an ass of himself and of the publication that carried his article, Ilan Berman ended with the standard Jewish expression indicating wishful thinking. He did so in several paragraphs, but here is a condensed version of that:

“The IMF announced that it had reached agreement with Cairo over a package designed to increase investor confidence. This is a temporary measure – one that will be squandered. Meanwhile, the trends will frighten off the kind of investment that Egypt needs. A Bloomberg study concludes that Egypt can once again be a place worth investing in – but before that happens, a lot will have to change otherwise the country could descend into chaos”.

We must now ask the question: Why would someone want to do that? The truth is that we won't find the answer in the article, and must therefore look for it elsewhere. If we begin with the established reality that the Jews have turned American journalism from a means to disseminate information into a tool by which to spin friends, and a weapon by which to attack enemies, we would have the key to understanding what motivated Berman.

In response to their eternal obligation to badmouth Egypt, the Jews have developed the habit of producing works designed to create a thick layer of noise pollution around anything positive that's said about Egypt. And so you find that two events happened during the week that the Berman article appeared.

One event was a report issued by Moody's Investors Services in which Steffen Dyck, a Senior Credit Officer, stated that Egypt's economic and fiscal reform momentum support a stable outlook. He went on to say: “Economic growth has started to pick up, and investor sentiment has improved. Fiscal deficits and government debt levels will gradually reduce. The domestic market continues to provide a sizable funding base for the government”.

The other event was a meeting between the Egyptian President and the Chairman and CEO of Caterpillar after which the latter affirmed his company's commitment to Egypt's Infrastructure Development. He added that “Egypt is on the move and Caterpillar is committed to being a central part of the exciting developments on the horizon”.

The company said it participated in the work that was recently done on the Suez Canal, and continues to participate in the tunnels that link the Mainland to the Sinai. Its machines are also helping to build thousands of kilometers of roads as well as the New Capital City.

These being the events that rattled the hate-filled Jews, you can see that Berman's aim was to create a specific noise tailor-made to smother each and every bit of positive information that came out about Egypt.

These creatures are forever the miserable braying asses.