Background: Tunisia has undergone
increasing economic liberalization over the last
decade: In the 2010-2011 World Economic Forum’s
Global Competitiveness Report, it was ranked as
the most competitive country in Africa, as well as the
32nd most economically competitive country globally.
North Africa’s large Muslim populations are a vast
business opportunity for Islamic banking and other
businesses.
Contrary to popular belief, the world’s finances
are controlled by privately-owned “central banks”
masquerading as federal government banks in nearly
every country in the world [The U.S. Court of Appeals,
Ninth Circuit, ruled that The Federal Reserve (U.S.'
central bank) was privately owned in 680 F.2d 1239,
LEWIS v. UNITED STATES of America, No. 80-5905].
Though it is a carefully guarded secret, the
Rothschilds and their associates own most the shares
in the central banks (Federal Reserve Directors: A
Study of Corporate and Banking Influence, Committee on
Banking, Currency and Housing, House of
Representatives, 1976, Charts 1-5) (Mullins, Eustice
Secrets of the Federal Reserve 1983). With
extremely little government input, the economies of
Tunisia, Egypt, Yemen, Jordan, and Algeria are
strictly controlled by the Rothschild’s central banks
and their International Monetary Fund.
THE MOTIVE: FOLLOW THE MONEY
Islamic banks have been eating into Rothschild
profits in the Middle East because: they don’t charge
interest (Shariah Law), they are growing very rapidly
among the world’s exploding Muslim populations, and
(in these catastrophic economic times) they are more
stable than western banks.
While it is a very good thing that people are freed
from the tyranny of dictators, they also need to be
freed from the tyranny of economic control and
serfdom. The relevant moral question is: Do the means
justify the end?.
Deposed Tunisian President Ben Ali’s son-in-law,
Sakher El Materi, opened Tunisia’s first Islamic bank,
Zitouna Bank, on May 26, 2010. Zitouna Bank is
the first Islamic bank in the Maghreb region
[North Africa]. The bank was a first step toward Ben
Ali’s new program of extensive reforms, “Tunisia, a
Pole for Banking Services and a Regional Financial
Centre”, which would have undermined the power and the
profits of the Central Bank of Tunisia
(privately-owned by the Rothschilds and their
associates).
The Telegraph (October 19 2010) reported on the
opening of the megaproject Tunis Financial Harbour
–President Ben Ali’s bid to make Tunisia the regional
financial centre of North Africa and beyond: “Islamic
investment bank Gulf Finance House (GFH) and the
Tunisian government have created the first offshore
finance centre in North Africa. The centre will be
part of Tunis Financial Harbour, a $3 billion
waterfront development in Tunis . . . GFH, which is
based in Bahrain, hopes the centre will allow Tunisia
to take advantage of its strategic position on the
Mediterranean sea, and operate as a bridge between the
EU and the rapidly growing economies of North Africa
[and subSaharan Africa].”
“However, despite the current poor climate, the
potential for Islamic banking in Egypt is huge, and
one should expect more moves from Abu Dhabi Islamic
Bank into Egypt, possibly in the form of a buyout,”
Executive Magazine (Feb 8 2011) reports, “A recent
Middle East Business Intelligence report said it best,
when it opined, ‘If Abu Dhabi Islamic Bank can make a
success of offering Islamic products, the whole market
will open up. We have already seen some of the local
banks start to advertise their Islamic products in
view of the competition for customers they see about
to begin.’
“Clearly Islamic banks in the Gulf are already
anticipating the day when their home markets are
saturated. And it appears that Egypt will be on the
next front-line in the development of regional Islamic
banking and finance.”
“African countries such as Algeria, Egypt, Libya,
Morocco, Tunisia and Sudan are keen on future sukuk
exercises (issuing Islamic bonds). Gambia debuted with
a US$166m sukuk deal, privately sold in the US in
2006.” [International Finance Review (Reuters), 2008]
The New York Times article “Islamic banking
rises on oil wealth, drawing non-Muslims” ( November
22, 2007) reported: “Rising oil wealth is lifting
Islamic banking – which adheres to the laws of the
Koran and its prohibition against charging interest –
into the financial mainstream. . . . In
addition to Islamic loans, there are Islamic bonds,
Islamic credit cards . . . Loans and bonds that
conform to the Koran are already available in the
United States. . . .
“’This is an industry on its way from a niche
industry to becoming a truly global industry,’ said
Khawaja Mohammad Salman Younis, the managing director
for operations in Malaysia for Kuwait Finance House,
the world’s second-largest Islamic bank. ‘In the next
three to five years you’ll see Islamic banks coming
out in Australia, China, Japan and other parts of the
world.’
“In Islamic banking, financiers are required to
share borrowers’ risks, meaning that depositors are
treated more like shareholders, earning a portion of
profits. Financing deals resemble lease-to-own
arrangements, layaway plans, joint purchase and sale
agreements, or partnerships.
“The stampede into Islamic finance is mostly an
effort to tap an estimated $1.5 trillion of funds
sloshing around the Middle East, largely from higher
oil prices. . . .Those investments have helped ignite
an economic revival throughout the Muslim world at a
time of increasing religious conservatism among
Islam’s 1.6 billion faithful. A result is expanding
demand for financial services that adhere to Islamic
law . . .
“And while the biggest Islamic banks are in the
wealthy Gulf states, the most attractive potential
markets are in Turkey and North Africa
(emphasis added) and among European Muslims. . . .
“. . . even non-Muslims are taking advantage of a
growing range of Islamic products offering competitive
returns. For instance, David Ong-Yeoh, a public
relations executive tired of fretting over the rising
interest rate on his adjustable rate mortgage,
refinanced to a 30-year fixed loan from an Islamic
financial institution. Now, he pays regular
installments that include a predetermined profit
margin for the bank.
“’The terms are better than on conventional loans,’
said Ong-Yeoh, 41.
“Islamic finance also avoids other prohibited
practices. Shariah-compliant bankers cannot receive or
provide funds for anything involving alcohol,
gambling, pornography, tobacco, weapons or pork.
Proponents of Islamic banking say these are limits any
socially conscious investor can support, Muslim or
not. They also envision wider appeal for Islamic
banking’s ban on interest, which stems from the
Koran’s prohibition against usury.
“This is a view that has a long religious and
historical tradition. Interest is repeatedly condemned
in the Bible. Aristotle denounced it, the Romans
limited it, and the early Christian church prohibited
it. . . .
“The belief that all interest charges are unjust
now underpins Islamic finance. . . .Hoarding is
frowned upon in the Koran, so savings earn no return
unless put to productive use.
“’Money should be used for creating better value in
the country or the economy,’ Maraj said. ‘Money cannot
generate money.’
“Nor can Islamic banks simply trade money. ‘In the
Islamic finance model, the banks are supposed to
mobilize funds through a fund management concept,’
said Rafe Haneef, head of Islamic banking in Asia for
Citigroup.
“Indeed, Islamic banking is supposed to function
more like private equity firms than conventional
banking. ‘Private equity is an Islamic concept,’
Haneef said.
“Industry proponents say this risk-sharing
requirement helps reduce the kind of abuses that led
to the subprime mortgage mess in the United States.
Scholars consider it un-Islamic to overload a customer
with debt or invest in a company with excessive debt.”
The Washington Post, “Islamic Banking:
Steady In Shaky Times” (Oct 31 2008), reported: “As
big Western financial institutions have teetered one
after the other in the crisis of recent weeks, another
financial sector is gaining new confidence: Islamic
banking. Proponents of the ancient practice, which
looks to sharia law for guidance and bans interest and
trading in debt, have been promoting Islamic finance
as a cure for the global financial meltdown.
“This week, Kuwait’s commerce minister, Ahmad Baqer,
was quoted as saying that the global crisis will
prompt more countries to use Islamic principles in
running their economies. U.S. Deputy Treasury
Secretary Robert M. Kimmet, visiting Jiddah, said
experts at his agency have been learning the features
of Islamic banking.
“Though the trillion-dollar Islamic banking
industry faces challenges with the slump in real
estate and stock prices, advocates say the system has
built-in protection from the kind of runaway collapse
that has afflicted so many institutions. For one
thing, the use of financial instruments such as
derivatives, blamed for the downfall of banking,
insurance and investment giants, is banned. So is
excessive risk-taking.
“’The beauty of Islamic banking and the reason it
can be used as a replacement for the current market is
that you only promise what you own [contrast to
western banks fractional reserve system]. Islamic
banks are not protected if the economy goes down —
they suffer — but you don’t lose your shirt,’ said
Majed al-Refaie, who heads Bahrain-based Unicorn
Investment Bank.
“The theological underpinning of Islamic banking is
scripture that declares that collection of interest is
a form of usury, which is banned in Islam. In the
modern world, that translates into an attitude toward
money that is different from that found in the West:
Money cannot just sit and generate more money. To
grow, it must be invested in productive enterprises.
“’In Islamic finance you cannot make money out of
thin air,’ said Amr al-Faisal, a board member of Dar
al-Mal al-Islami, a holding company that owns several
Islamic banks and financial institutions. ‘Our
dealings have to be tied to actual economic activity,
like an asset or a service. You cannot make money off
of money. You have to have a building that was
actually purchased, a service actually rendered, or a
good that was actually sold.’
“Islamic bankers describe depositors as akin to
partners — their money is invested, and they share in
the profits or, theoretically, the losses that result.
(In interviews, bankers couldn’t recall a case in
which depositors actually lost money; this shows that
banks put such funds only in very low-risk
investments, they said.)”
It is easy to see why the Rothschilds and their
network of conventional western banks would be
threatened by competition from the more appealing,
more conservative Islamic banks.
Late in 2008, French Finance Minister Christine
Lagarde announced France’s intention to make Paris
“the capital of Islamic finance” and said several
Islamic banks would open branches in the French
capital in 2009. French sources estimate this area of
the financial market is worth from 500 to 600 billion
dollars and could grow by an average 11 percent a
year.
John Sandwick, managing director of Swiss asset
management firm Encore Management, characterized the
opening of several Swiss Islamic banks as, “the race
to control the rich prize: which today is worth
hundreds of billions, but in the future will be
trillions of dollars of Islamic wealth.”
“According to Standard and Poor’s, Islamic banking
assets reached about $400 billion throughout the world
in 2009. In November 2010, The Banker published its
latest authoritative list of the Top 500 Islamic
Finance Institutions with Iran topping the list. Seven
out of ten top Islamic banks in the world are Iranian
according to the list.” (iStockAnalyst, Feb 8, 2011)
BEN ALI’S SON OPENS FIRST ISLAMIC BANK IN
ATTRACTIVE NORTH AFRICAN MARKET
Commenting on the opening of Zitouna (Islamic)
Bank, International Business Times (May 28 2010)
reported, “North Africa has begun to embrace Islamic
finance after years watching from the sidelines,
partly to channel more Arab Gulf petrodollars into the
region. . . .Tunisia has one of the most open
economies in the region and attracts substantial
investment from the European Union, something that is
expected to accelerate after 2014, when the government
has said it will make the currency (the Tunisian
dinar) fully convertible.”
Global Islamic Finance News (May 31, 2010)
reported, “Zitouna Bank also seeks to impart a
regional dimension on its activities, particularly in
the Maghreb region [North Africa], all the more so
that it is the first specialised bank not belonging to
a foreign banking group,” and went on to add, “The
Bank will also seek to forge strong relations with the
Maghreb and Mediterranean banks to ensure needed flow
of financial operations for its customers. The bank
officials stressed that the financial institution has
established relations with 12 Islamic banks in
collaboration with the Institute of Islamic banks in
Bahrain.
Zitouna bank’s formation had been announced earlier
in the Official Gazette of the Republic of Tunisia on
10 September 2009. Tunisia and Morocco authorized
Islamic finance in 2007, partly to channel more
investment into their fast-growing tourism and real
estate industries.
Due to his being the son-in-law of President Ben
Ali, El Materi’s Zitouna Bank was expanding in Tunisia
to the level of monopoly. El Materi had built a
powerful business empire: he ran businesses in News
and Media, Banking and Financial Services, Automotive,
Shipping and Cruises, Real Estate and Agriculture,
Pharmaceuticals and last November 22 he bought a 50%
stake in Orascom Telecom for 0.2 billion.
The newly-opened Tunis Financial Harbour was on the
brink of becoming the regional financial centre of
North Africa and, with its strategic position on the
Mediterranean sea, becoming a bridge between the EU
and the rapidly growing economies of North Africa and
subSaharan Africa.
On January 20 2011, ZItouna Bank, Tunisia’s first
Islamic bank was seized by the Central Bank of Tunisia
(Rothschilds). The bank owned by Sakher El Materi, the
thirty-year-old son-in-law of deposed Tunisian leader
Zine El Abidine Ben Ali has been placed under “the
control” of the central bank. Materi is presently in
Dubai. The move came a day after 33 of Ben Ali’s clan
were arrested for crimes against the nation. State
television showed what it said was seized gold and
jewellery. Switzerland has also frozen Ben Ali’s
family assets.
EGYPT’S ISLAMIC BANKS THREATENED BY ROTHSCHILD
REVOLUTION: OLD MAN POTTER VS HARRY BAILEY
The following scenario is right out of the 1946,
Frank Capra film It’s a Wonderful Life with Old
Man Potter (Rothschild) creating a run on Harry
Bailey’s traditional Savings and Loans (Islamic bank):
Islamic (halal) banking products have not made
significant inroads in North Africa yet, except in
Egypt. “. . . There are several Islamic banks
operating in Egypt: Faisal Islamic Bank, Al Baraka
Egypt (Al Ahram Bank) and Abu Dhabi Islamic Bank NBD .
. . There may be others as well,” says Blake Goud, an
expert on Islamic Finance (The Review – Middle East,
Jan 31 2011), “. . . and the risks of a run on the
bank should concern those interested in Islamic
banking around the world because it could provide a
test of how resilient Islamic banks really are to
crisis.
“What I mean is that the Egyptian situation, which
could be a fantastic opportunity for the Egyptian
people, could expose a weakness within the Islamic
banking industry if it is problematic. The main risk
to any bank is that there is a run and the bank cannot
meet depositor withdrawals with the cash available on
hand. This forces the bank to raise cash from other
means. In most cases, it can either get an inter-bank
loan from another bank overnight that allows it to
handle withdrawals. If other banks are hesitant to
lend to a given bank because of fears of asset
quality, then the bank will usually have access to an
overnight borrowing facility with the central bank,
which operates as the lender of last resort.
“The key for Islamic banks is that they are not
able to take advantage of the inter-bank lending
market, nor are they able to borrow from (or lend to)
the central bank (emphasis added) because those
loans are interest-bearing. The only alternative is to
find other banks (mostly Islamic banks) willing to
extend Shari’ah-compliant, bilateral loans often using
commodity murabaha. In a country like Egypt where the
Islamic banking industry is a small portion of the
total banking system, it does not create a systemic
risk if Islamic banks fail, but it does matter a lot
to the depositors of other Islamic banks in the
country and globally. If there is the potential that a
run on an Islamic bank will not be stopped by someone;
whether that is a foreign bank, a multi-lateral bank
like the Islamic Development Bank or the central bank
of Egypt (through emergency measures), then it could
hurt confidence in Islamic banks.
“If neither of these options are available, the
bank will have to try to raise funds by selling its
assets, most of which (loans) are illiquid in the
short run. It will have to take a loss on the sale to
realize the cash it needs to meet withdrawals. If this
continues and the bank sells enough assets at a
discount to the value they are held on the balance
sheet, the bank’s equity will be negative (the value
of assets minus liabilities) and it will become
insolvent (having earlier only been illiquid). This is
the fundamental danger in banking from a financial
stability perspective. If enough banks face runs and
have to sell assets, the run could become
self-sustaining and contagious. Even a healthy bank
facing a run can become insolvent.
“The loss of confidence is more than just a
reputational hit and a hit on the egos of Islamic
bankers. It would make it more difficult for Islamic
banks to attract and retain depositors and it could
raise the cost at which it can attract depositors.
This would make the bank, all other things equal, less
profitable (it makes profit of the spread between the
return on invested funds and the cost of funds
borrowed from depositors). Lower profitability will
lower the attractiveness of Islamic banks to equity
investors limiting their ability to increase capital
through equity offerings (or at least increasing the
dilution to current shareholders). It will lower the
amount available to supplement capital as well as pay
dividends to its shareholders.
“Therefore, it is important that the Islamic banks
in Egypt make it through the ‘run’ that is predicted
if it materializes, not just for those banks’
shareholders, but also for the Islamic banking
industry.”
In contrast, Bloomberg reports, “Egypt’s banks may
risk a surge in customer withdrawals when they open
for business, placing them among companies worst hit
by the nationwide uprising against President Hosni
Mubarak. … Central Bank Governor Farouk El-Okdah said
in a telephone interview Jan. 29 that his bank has $36
billion in reserves, enough to accommodate investors
should they wish to withdraw funds. His deputy, Hisham
Ramez, said interbank lending “will function properly”
when banks are reopened. He said the security
situation will determine when that is possible.
“Asked about the risk of a bank run, Mohamed
Barakat, chairman of state-run Banque Misr and head of
the country’s banking association, said in a telephone
interview that Egyptian lenders are ‘very liquid,’”
with average loan-to-deposit ratios of 53 percent. […]
“The Egyptian interbank offered rate, the rate banks
charge to lend to each other, is at a 16-month high of
8.5 percent.”
THE MEANS: SPONSOR PRO-DEMOCRACY ACTIVISTS
These Rothschild revolutions are done under the
pretense of bringing democracy and deposing despots,
but the real aim is to initially create chaos and a
leadership vacuum, then quickly offer a solution:
install a puppet that will do the economic bidding of
the Rothschilds. The citizens gain freedom of speech
and association, but become economic serfs.
These revolutions are most likely coordinated at
the highest levels by the Rothschild’s International
Crisis Group. Mohamed ElBaradei is already being
touted as a new leader for Egypt. ElBaradei is
a trustee of the International Crisis Group. Another
board member of this group is Zbigniew Brzezinski.
George Soros sits on the executive committee. The
later two are ubiquitous front men for the
Rothschilds.
The revolutions are from the same playbook as the
fairly nonviolent “color revolutions”. These
revolutions have been successful in Serbia (especially
the Bulldozer Revolution (2000), in Georgia’s Rose
Revolution (2003), in Ukraine’s Orange Revolution
(2004), in Lebanon’s Cedar Revolution and (though more
violent than the previous ones) in Kyrgyzstan’s Tulip
Revolution (2005), and Tunisia’s Jasmine Revolution.
Iran’s Green Revolution (2009) was unsuccessful.
The Guardian reported (Nov 26, 2004) that the
following were “directly involved” in organizing the
colour revolutions: George Soros’ Open Society
Foundation, the National Endowment for Democracy
(NED), the International Republican Institute, and
Freedom House. The Washington Post and the New York
Times also reported substantial Western involvement in
some of these events.
Activists from Otpor in Serbia have said that
publications and training they received from the US
based Albert Einstein Institution staff have been
instrumental in the formation of their strategies. The
Albert Einstein Institution is funded by the Soros
Foundation and NED. (Wikipedia)
In the article, “Georgia revolt carried mark of
Soros” (November 26, 2003), the Globe & Mail
reported, “[Soros' Open Society Institute] sent a
31-year-old Tbilisi activist named Giga Bokeria to
Serbia to meet with members of the Otpor (Resistance)
movement and learn how they used street demonstrations
to topple dictator Slobodan Milosevic. Then, in the
summer, Mr. Soros’s foundation paid for a return trip
to Georgia by Otpor activists, who ran three-day
courses teaching more than 1,000 students how to stage
a peaceful revolution.”
Several protest organizers on the streets in Egypt
last week were wearing Otpor t-shirts. These t-shirts
are given out by Otpor at training sessions. This is
only to say that there may be a link here, between
Soros and Tunisian protesters.
In 2007-08, Freedom House [funded by Soros and the
Middle Eastern Partnership Initiative (MEPI)] ran the
following program: “New Generation of Advocates,
a MEPI-funded program that supports young civil
society activists working for peaceful political
change in the Middle East and North Africa,
spearheaded the “Lawyers against Corruption” campaign
in Tunisia.”(Freedom House website). The group of
“journalists, lawyers, and other activists who
advocate for democratic reform” had a meeting with
then Secretary of State Condoleezza Rice, on a trip to
Washington on International Human Rights Day, December
10, 2008. In May 2009, U.S. Secretary of State Hillary
Clinton met with the group of activist/dissidents.
Freedom House reported on their website that the group
also visited “U.S. government officials, members of
Congress, media outlets and think tanks . . .
After returning to Egypt, the fellows received small
grants to implement innovative initiatives such as
advocating for political reform through Facebook
and SMS messaging.” (emphasis added)
And also from the Freedom House website: “From
February 27 to March 13 [2010], Freedom House hosted
11 bloggers from the Middle East and North Africa for
a two-week Advanced New Media Study Tour in
Washington, D.C.”
In 2010, Soros’ Open Society Institute funded a
grant called ‘Can It Tweet its way to Democracy?
The promise of Participatory Media in Africa’
described on the OSI website as “. . . . Ethiopia and
Egypt have been the current focus of the research
programme; the OSI funding will allow the project to
be expanded to include: Uganda, Zimbabwe, Tunisia,
Eritrea and Rwanda. . . . it is hoped that it will
contribute to the understanding of the new media in
Africa and its links to democratization. It is also
intended that the study will be used as a source
material for future research.”
Facebook and Twitter were the primary means of
organizing the revolution in Egypt: “Activists from
Egypt’s Kifaya (Enough) movement – a coalition of
government opponents – and the 6th of April Youth
Movement organized the protests on the Facebook and
Twitter . . . .” (Voice of America)
In the Foreign Policy Journal, Dr. D.K.
Bolton (Jan 19 2011) writes, “NED [National Endowment
for Democracy] and Soros work in tandem, targeting the
same regimes and using the same methods. . . . At
least ten of the twenty-two directors of NED are also
members of the plutocratic think tank, the Council on
Foreign Relations . . . .” (The Council of Foreign
Relations is the American sister of the Rothschild’s
Royal Institute of International Affairs in
Britain: both are instruments of plutocratic control
hiding in plain sight.
The following is a partial list of grants from the
NED website for 2009 (the latest year available):
In Tunisia the focus was on training youth
activists:
“Al-Jahedh Forum for Free Thought $131,000
To strengthen the capacity and build a democratic
culture among Tunisian youth activists.
“Mohamed Ali Center for Research, Studies and
Training $33,500 To train a core group of
Tunisian youth activists on leadership and
organizational skills to encourage their involvement
in public life. [MACRST] will conduct a four-day
intensive training of trainers program for a core
group of 10 young Tunisian civic activists on
leadership and organizational skills; train 50 male
and female activists aged 20 to 40 on leadership and
empowered decision-making; and work with the trained
activists through 50 on-site visits to their
respective organizations.
“Association for the Promotion of Education
$27,000 To strengthen the capacity of Tunisian
high school teachers to promote democratic and civic
values in their classrooms. APES will conduct a
training-of-trainers workshop for 10 university
professors and school inspectors, and hold three
two-day capacity building seminars for 120 high school
teachers . . . .”
The above organizations and others have been
recipients of ongoing NED grants in Tunisia, as the
following list from previous years indicates:
2008: Al-Jahedh Forum for Free Thought received
$57,000 to train Tunisian activists; Mohamed Ali
Centre for Research got $37,800; Tunisian Arab Civitas
Institute, $43,000 for training teachers in “civic
values” and the Center for International Private
Enterprise, $163,205 “to inculcate free enterprise
doctrines among Tunisian businessmen, which reflects
what NED is really aiming for in its promotion of
“democracy and civil values”: globalization” (Bolton,
2011)
2007: AJFFT received $45,000 to develop Tunisian
Activists; The Arab Institute for Human Rights got
$43,900; The Center for International Private
Enterprise (CIPE) $175, 818; The Mohamed Ali Center
for Research, Studies, and Training $38,500; Moroccan
Organization for Human Rights $60,000 “To
strengthen a group of young Tunisian attorneys as they
mobilize citizens on reform issues.”
In Egypt, the number of NED grants doubled in 2009
to 33 democracy projects totaling $1.4 million and the
focus changed from promoting private enterprise to
training young human-rights lawyers, and identifying
and training youth activists. It will be interesting
to see when (if?) NED publishes its 2010 grants. From
the NED website—a sample of the grants for 2009:
Egyptian Union of Liberal Youth (EULY) $33,300
To expand the use of new media among youth
activists for the promotion of democratic ideas and
values. EULY will train 60 youth activists to use
filmmaking for the dissemination of democratic ideas
and values. The Union will lead a total of four
two-month long training workshops in Cairo to build
the political knowledge and technical filmmaking
skills of participating youth involved in NGOs.
Andalus Institute for Tolerance and Anti-Violence
Studies (AITAS) $48,900 To strengthen youth
understanding of the Egyptian parliament and enhance
regional activists’ use of new technologies as
accountability tools. AITAS will conduct a series of
workshops for 300 university students to raise their
awareness of parliament’s functions and engage them in
monitoring parliamentary committees. AITAS will also
host 8 month-long internships for youth activists from
the Middle East and North Africa to share its
experiences using web-based technologies in monitoring
efforts.
Bridge Center for Dialogue and Development (BTRD)
$25,000 To promote youth expression and
engagement in community issues through new media. BTRD
will train youth between the ages of 16 and 26 in the
use of new and traditional media tools to report on
issues facing their communities. BRTD will also create
a website for human rights videos and new media
campaigns in Egypt.
Egyptian Democracy Institute (EDI) $48,900
To promote accountability and transparency in
parliament through public participation, and to build
legislative capacity. EDI will produce quarterly
monitoring reports and hold seminars to discuss the
overall performance of Parliament and offer
recommendations on legislation proposed in the
People’s Assembly. EDI will monitor, collect, and
document evidence of corruption in Cairo and
Alexandria
Lawyers Union for Democratic and Legal Studies
(LUDLS) $20,000 To support freedom of
association by strengthening young activists’ ability
to express and organize themselves peacefully within
the bounds of the law. LUDLS will train 250 youth
activists on peaceful assembly and dispute resolution
Our Hands for Comprehensive Development $19,200
To engage Minya youth in civic activism and
encourage youth-led initiatives and volunteerism. Our
Hands will hold two public meetings for local youth to
discuss challenges and to identify youth leaders who
would benefit from additional training courses.
Participants will produce a short film on youth
political participation, and develop and implement
action plans for resolving problems facing youth in
the governorate. Our Hands will also provide Minya
youth an opportunity to learn from the experience of
and network with Cairo-based activists and NGOs.
“Youth Forum $19,000 To expand and maintain
a network of youth activists on Egyptian university
campuses and to encourage the participation of
university students in student union elections and
civic activities on campus. . . .”
NED and Soros have been injecting millions of
dollars into the training of North African,
pro-democracy teachers, lawyers, journalists and youth
activists. In 2009 they more than doubled their
training efforts. Why, at this time, has the 30-year
support of these dictators been undermined? The prize
is the rapidly-rising economies of North Africa. It
coincides with the efforts of Ben Ali to make Tunisia
the financial center of North Africa and to promote
Islamic banking. The Rothschilds want North African
Muslims to borrow from Rothschild banks and pay
interest at rates the Rothschild central bank decides:
they do not want them to be able to borrow from
Islamic banks and not pay any interest. The
Rothschilds want Muslims to trade their present
political oppression at the hands of brutal dictators
for future economic serfdom under the control of
banker Lord Rothschild.