Posts Tagged ‘islamic finance

21
May
11

A few pertinent facts about Libya

There is so much contradictory stuff circulating about Libya and Qadaffi I think a few points are worth clarifying.

Libya under Qaddafi:

– The latest UN Human Rights Council report on Libya (issued just before the outbreak of hostilities) is glowing with praise for the country, and commends Libya’s government for improving human rights, educational opportunities and improving its “constitutional” framework

– Libya has more legal protections for its citizens than any other african or middle-eastern country

– An international delegation of medical professionals recently stated – in an appeal to Russian President Medvedev and Prime Minister Putin no less – that in their view there were few nations in which the people lived in such comfort. They asserted that “Libyans are entitled to free treatment, and their hospitals provide the best in the world of medical equipment. Education in Libya is free, capable young people have the opportunity to study abroad at government expense. When marrying, young couples receive 60,000 Libyan dinars (about 50,000 U.S. dollars) of financial assistance. Non-interest state loans, and as practice shows, undated. Due to government subsidies the price of cars is much lower than in Europe, and they are affordable for every family. Gasoline and bread cost a penny, no taxes for those who are engaged in agriculture. The Libyan people are quiet and peaceful, are not inclined to drink, and are very religious.”

– Today, Libya ranks 53 on the UN Human Development Index and qualifies as the most developed country in Africa, ahead of Russia, Brazil, Ukraine, and Venezuela.

– Qadaffi’s most ambitious project, costing $33 billion, is the largest and most ambitious – and expensive – irrigation project in the world. It has taken decades to complete, and was financed with no help from the international community or banks. The Great Man-Made River project provides 70% of Libyans with water for drinking and irrigation pumped from the huge Nubian Sandstone Aquifer system in the south all the way to coastal areas 4000 km to the north. Qadaffi has intended for years that Libya become the bread basket of the region, providing food and water to surrounding countries to eliminate their dependency on western imports and aid, provoking a major regional economic boom

– The central Bank of Libya provides interest free loans, complying with the tenets of Islam, thus stimulating local entrepreneurs and businesses. It manages all loans, and issues and regulates the Libyan money supply. Because eliminating interest has been shown to reduce the cost of public projects by an average of 50%, Libya has been able to build its education system and state-of-the-art medical care, and achieve many other projects for the public good. For the same reasons it has almost no foreign debt, and thus total financial independance from the western banking oligarchy. Libya has large gold reserves, in addition to the oil money in foreign banks currently blocked by the UN coalition and now destined to finance the “rebels”.

– Women have a far better status than in most other Muslim countries. Qadaffi decided to create a personal military guard comprised only of highly trained women – mainly in order to make a point to the more mysogynistic Islamic hard-liners…

– Entirely in contradiction with heavily biased western media reports, Qadaffi is adored as an idol by the vast majority of his people (with the exception of Salafi Islamist fundamentalists and eastern clans that lost power to Qadaffi’s regime) quite simply because under his strong leadership their lives have improved tremendously compared to their experience under previous regimes.

– The first person to issue an international arrest warrant for Osama Bin Laden was Qadaffi, years before 9/11.

– Libya has been the most persistant fighter against terrorism in the entire Arab world, arresting more extremist Muslim terrorists than just about any other country over the last few years. Libya has been commended by both Washington and the FBI numerous times in recent years for its help fighting terrorism.

– Qaddafi has accepted the African Union proposition for a roadmap to peace in Libya. This has been pretty much ignored by western media.

Libya’s “rebels”:

– Unlike all the other regional uprisings defined overwhelmingly through peaceful marches by non-violent protesters, in Libya the insurgency kicked off in Benghazi with violent assaults on police stations, army barracks and armories. Contrary to western media reports, the insurgents commenced hostilities. There were no peaceful marches.

– For years Benghazi has been a hotbed of the most violent factions of Islamic extremism. A 2007 West Point study shows that during the Iraq war, the Benghazi-Darnah-Tobruk area supplied more Jihadi fighters per capita to battle coalition forces in Iraq than any other area. In fact the Benghazi-Tobruk corridor was described as “a world leader in Al Qaeda suicide bomber recruitment”. These extremists form the backbone of the”rebel” elements.

– One of the first actions of the “rebels” was to create a new central bank for Libya and the “Libyan Oil Company” a “supervisory authority on oil production”, based in Benghazi – barely 48 hours after the UN decided on the “no-fly zone” . CNBC senior editor John Carney asked, “Is this the first time a revolutionary group has created a central bank while it is still in the midst of fighting the entrenched political power? It certainly seems to indicate how extraordinarily powerful central bankers have become in our era.”

– It appears that most of the supposedly “first hand” media reports about Libya actually emanate from the the National Conference of the Libyan Opposition (NCLO) in Washington and Dubai. These unverified reports have become the basis for accusations of “genocide”, economic sanctions, and enforced “no-fly zones”.

– The “rebels” have been accused of indiscriminate killings, beheadings and witch-hunts, as well as the persecution and murder of many black africans and other foreigners attempting to leave Libya.

– The “rebellion” is being directed from Washington by Ibrahim Sahad of the NFSL. The NFSL was formed in London in 2005

Confused ? Maybe this very short video will help explain this insanity:

A couple of very good articles from activist post explaining the reasoning behind the attack on Libya by the western globalist oligarchy:

http://www.activistpost.com/2011/02/brookings-institute-which-path-to.html

http://www.activistpost.com/2011/05/which-path-to-persia-redux.html

I am not even going to go into other aspects (maybe later), like the huge amounts of radioactive depleted uranium used by NATO in their munitions that have already turned Iraq into a country overwhelmed by cancer and birth defects and are primed to do the same in Libya in the name of “fighting tyranny”…

My prayers are with the people of Libya. May they find peace and justice.

Advertisements



Recent Posts

Archives