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As
the prime minister of Malaysia, Dr. Mahathir Mohamad, confronts
George Soros at the annual gathering of the World Bank and
International Monetary Fund, the leader of the Islamic Party of
Britain, David Musa Pidcock, issued the following press release:
Unregulated
Capital :
The Other Road To Serfdom
As
a result of pointing out that George Soros the king of the currency
speculators has no clothes, the Malaysian Prime Minister, Dr.
Mahathir Mohamad, finds himself at the centre of an underhand,
orchestrated, media campaign designed to discredit him. Providing
further proof, if further proof were needed, that John Swinton's
admissions during his retirement speech from the New York Times
(pre-Murdoch and Maxwell) were and still are absolutely correct.
When asked to respond to a toast to an independent press he pondered
and then retorted: ”What folly is this toasting an independent
press. Everyone present here tonight knows there is no such thing as
an independent press. You know it and I know it. There is not one of
you who would dare to write his honest opinions, and if he did, you
know before hand they would never appear in print. I am paid $250
dollars a week to keep my honest opinions out of the paper I am
connected with. Others of you are paid similar salaries for similar
work. The business of the journalist is to destroy the truth, to lie
outright, to pervert, to vilify, to fawn at the foot of Mammon, and
sell himself, his country, and his race for his daily bread:
We are the tools and vassals of rich men behind the scenes.
We are jumping jacks they pull the strings, and we dance. Our
talents, our possibilities and our lives are the property of these
men. We are intellectual prostitutes.”
By
entering this long running war 1694 to 1997 Dr. Mahathir has at last
managed to place on the political agenda the three most important
issues facing the world community today and in so doing finds common
cause with a number of august predecessors. Enlightened forerunners
like David Ricardo; Abraham Lincoln; John Ruskin and Lord Acton, who
were in no doubt where these problems originate. Lord Acton, having
determined that: “power tends to corrupt, and absolute power
corrupt absolutely,” went on to state: “The issue which has
swept down the centuries and must be fought sooner or later, is the
people versus the banks.” He was not calling for the abolition of
banks, nor are we, for if we did not have them we would need to
invent them. What is, however, required is that banks are (a)
`regulated and made accountable' and (b) prevented from creating
money out of nothing on the back of M0 and then issuing it as malevolent escalating debt rather than benign credit, and
that those, like Mr. Soros, “who love to reap where they never
sowed” be prevented from speculating with the economies of nations
rather than on them.
One
only needs to read Prime Minister William Gladstons's accounts of
his battles with Members of Parliament from banks in the City and
the Governor of the Bank of England, to realise that a century later
the Prime Minister of Malaysia is just the latest in a long line of
honourable men destined to fall victim to the destructive,
duplicitous defence mechanisms lodged in the print and electronic
media which are in place to deflect any meaningful criticism and
shift the blame elsewhere usually onto their victims. Dr. Mahathir
Mohamad, like Mohammad Al Fayed and Earl Spencer can take comfort in
the fact that the Qur'an comprehensively identifies the types of
people who gravitate towards this unscrupulous, soul destroying
industry. Who accuse honest people (in this case a Prophet) of being
“mad”. But it applies to all who speak the truth, at most times
in most places, for: “the truth is a cause of severe discomfort to
those paid to lie for their living.”
Surah
68, appropriately entitled The Pen, describes these corrupt
writers, editors, and orators (past, present and future) in the
following terms:
“Nun,
By the Pen and the record which men write therewith, you are not, by
the grace of your Lord, mad or possessed. By no means. Verily for
you is a reward unfailing. And furthermore you stand on an exalted
standard of character. Soon will you see and soon will they see
which of you is afflicted with madness. Verily it is your Lord who
knows best, which amongst men has strayed from His path: And He
knows best those who receive true guidance. Therefore obey not
rejecters (of truth), who would have you compromise, in order that
they, in turn, may compromise (with a promise to influence world
opinion in your favour). Neither obey each feeble oath-monger and
detractor, broadcaster of slanders and calumnies, who habitually
hinder all that is good (and decent), transgressing beyond bounds.
The malfactors deep in sin, who are violent and cruel. The ones
greedy and base born, therewithal intrusive. Because he possesses
wealth and sons. When our signs are rehearsed to him he dismisses
them as “Ancient fables!” Soon will We brand the beast on his
snout.” 68:116.
In
an article in The Guardian, dated Saturday January the 18th 1997,
George Soros, that well known palindrome admitted that Dr. Mahathir
Mohamad is correct in his condemnation of laissez faire (for which
read less than fair) capitalism. Soros stated: “Although I have
made a fortune in the financial markets, I now fear that the
untrammelled intensification of laissez faire capitalism and the
spread of market values into all areas of life is endangering our
open and democratic society. The main enemy of the open society, I
believe, is no longer communism but the capitalist threat.”
Selective
amnesia is rampant amongs economists, bankers and journalists. When
Margaret Thatcher's guru, Professor Hayek, singled out Marxist
Socialism as: “The Road To Serfdom” he “conveniently”
omitted to point out that this road was a dual carriageway, and that
the far greater threat was from: “Unregulated Rentier
Capitalism.” Hayek
was a palinodist. For on the one hand he calls for the free play of
“market forces” whilst arguing against them on the other. In his
chapter The Prospects of International Order he states that: “
there is little hope of international order or lasting peace so long
as every country is free to employ whatever measures it thinks
desirable in its own interests however damaging they may be to
others.”
Unfortunately,
during their perpetual wars for increased circulation caused by
their masters among the rentier capitalists i.e those who rent out
money at interest (not producer capitalists for even Marx recognised
that “the worker is also a capitalist”) newspaper editors do not
spend their time trying to identify and rectify their own problems
let alone ours. What the Prime minister of Malaysia has done is to
remind us of Lord Acton's confident assertion that our problems lie
with the present system of banking based on interest and compound
interest. Which will, hopefully, one day soon lead to what John
Maynard Keynes referred to as: “The euthanasia of the Rentier.”
We must, however, concede one point to George Soros, who makes a
valid case when he asks the Prime Minister to take a look at that
part of the problem much closer to home. Which will, undoubtedly,
cause him some difficulty if he grasps that particular nettle, thus
forcing him to run the gauntlet of disapproval from most, perhaps
all, the so called Islamic Banks and bankers which operate
throughout Malaysia. Most, if not all these bankers draw their
guidance from their L.S.E. training and other Western institutions.
Muslim economists including some leading Malaysian academics
are now infected with the insane notion that: “because the money
currently being traded electronically by them is only `notional
money', i.e., not `real cash' it is not illegal or immoral to
take a `commission' (their euphemism for interest) on it.”
This
is the thin end of the usurer's wedge, and constitutes the ultimate
threat to Islam and political stability not only in Malaysia but
elsewhere including here in the United Kingdom. As it has been noted
on a number of occasions this confirms the presence of an “Islamic
Calvin” in our midst. Calvin set loose the genie of global misery
with his fatwa which concluded that: “charging rent on money, was
only the same as charging rent for land.” The
rest, as they say, is history. However a history written by
the disciples of Calvin who, as a result, have succeeded in
achieving what the world never saw before starvation in the
midst of abundance together with the ultimate impudence Halal
khanzir i.e: the Kosher Pork chop.
Author: David
Musa Pidcock
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Date Published:
Autumn
1997 |
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