Saturday, August 29, 2009

RAW involvement in East Pakistan: Pakistan Daily

US report details direct RAW involvement in East Pakistan secession

A sensational American report has confirmed the Research and Analysis Wing (RAW), India’s most powerful intelligence agency, was directly involved in the secession of East Pakistan into Bangladesh, and is currently engaged in similar activities. RAW has a long history of activity in Bangladesh supporting both secular forces and the area’s Hindu minority, masterminding the break up of Pakistan in 1971,

says the report made available The report has been prepared by the innocent sounding Federation of American Scientists (FAS), a group which is however engaged in analysis and advocacy on science, technology and public policy concerning global security, especially about countries which have nuclear capability.

It is a privately funded non-profit policy organisation, whose Board of Sponsors includes 55 American Nobel laureates. FAS was originally founded as the Federation of Atomic Scientists in 1945 by members of the Manhattan Project, who produced the first atomic bomb. RAW is extensively engaged in disinformation campaigns, espionage, sabotage and terrorism against Pakistan and other neighboring countries, reveals the sensational secret report. It also gives details of the truly alarming involvement of RAW in terrorist activities in Pakistan. The report reveals the involvement of RAW in Bangladesh dating from the 1960s, when it promoted dissatisfaction against Pakistan in the then East Pakistan, including funding Mujibur Rahman’s general election in 1970 and providing training and arming to the Mukti Bahini. The report claims an estimated 35,000 RAW agents have entered Pakistan at various times between 1983-99, with 12,000 having worked in the past or working presently in Sindh, 10,000 in Punjab 8,000 in North West Frontier Province and 5,000 in Balochistan. “As many as 40 terrorist camps are currently operating at Rajasthan, East Punjab, [occupied] Kashmir, Uttar Pradesh and other parts of India and are run by RAW’s Special Service Bureau [SSB],” the report reveals. The report further confirms that throughout the Afghan War, RAW was responsible for the planning and execution of terrorist activities in Pakistan to deter Islamabad from supporting the Afghan liberation movement against India’s ally, the Soviet Union.

For more on this article, please click on the following link: RAW involvement in East Pakistan: Pakistan Daily

Saturday, August 22, 2009

Pakistan to build 4,500 megawatt dam: UPI

ISLAMABAD, Pakistan, Aug. 21 (UPI) -- The Pakistani government, faced with chronic power shortage in the country, approved a $10.8 billion, 4,500 megawatt Diamer-Bhasha dam on the Indus River.

The dam project approved Thursday by the Executive Committee of the National Economic Council will have a foreign funding component of about $3.8 billion, the Dawn newspaper reported.

Water and Power Minister Pervez Ashraf said construction on the dam in northern Pakistan, about 300 miles from Islamabad, would begin by October 2010 and should be completed in eight to 10 years.

"This is the biggest project ever approved in the history of Pakistan. We spent 33 years in discussions while the country's biggest dam's capacity was declining because of sedimentation," Ashraf said. "We have begun installing major hydropower projects to overcome the energy crisis."

For more on this article, please click on the following link: Pakistan to build 4,500 megawatt dam: UPI

Water shortage greatest threat to Pakistan: book: Dawn

By Anwar Iqbal

WASHINGTON: Water shortages present the greatest future threat to the viability of Pakistan as a state and a society, warns a new book on Pakistan.

Author Michael Kugelman argues that ‘while this assertion may be overblown, one can hardly dispute its underlying premise’.

The book points out that Pakistan’s water situation is extremely precarious. Water availability has plummeted from about 5,000 cubic metres per capita in the early 1950s to less than 1,500 per capita today.

According to 2008 data from the Food and Agriculture Organisation, Pakistan’s total water availability per capita ranks dead last in a list of 26 Asian countries and the United States.

The book warns that Pakistan is expected to become water-scarce (the designation of a country with annual water availability below 1,000 cubic metres per capita) by 2035, though some experts say this may happen as soon as 2020, if not earlier.

Mr Kugelman, a programme associate with the Asia Programme at the Woodrow Wilson International Centre for Scholars, warns that several dramatic demographic shifts are intensifying Pakistan’s already-rampant water insecurity.

The book notes that at least 90 per cent of Pakistan’s dwindling water resources are allocated to irrigation and other agricultural needs. This is not entirely surprising, given that Pakistan is an overwhelmingly arid country with an agriculture-dependent economy.

Unfortunately, however, intensive irrigation regimes and poor drainage practices have caused waterlogging and soil salinity throughout Pakistan’s countryside. As a result, vast expanses of the nation’s rich agricultural lands are too wet or salty to yield any meaningful harvests.

With the lion’s share of Pakistan’s limited water supplies dedicated to agriculture, less than 10 per cent is left for drinking water and sanitation.

The book notes that some of the starkest manifestations of the crisis can be found in the parched regions of Sindh. As the country’s population has surged, large volumes of water from the Indus have been diverted upstream to Punjab to satisfy soaring demand for agriculture and for consumption in cities.

‘Consequently, downstream in Sindh, the once-mighty Indus has shrunk to a canal, and in some areas shrivelled up to little more than a puddle.’

The river’s disappearance throughout much of Sindh, the book argues, has snuffed out livelihoods throughout the river delta, particularly those of fishermen — who are now forced to gather firewood for a living and to buy their water (at high cost) from trucks.

For more on this article, please click on the following link: Water shortage greatest threat to Pakistan: book: Dawn

Bllackwater USA now in Pakistan: Khabrein.info

Bllackwater USA now in Pakistan. The notorious US security firm Blackwater has reportedly established a presence in the restive tribal belt on the Afghan borders to help the FBI and CIA track down Al-Qaeda and Taliban militants allegedly hiding there and protect USAID projects.


"We have sent a report to the government regarding Backwater's presence in the country," an intelligence official told Islamonline.net requesting anonymity for not being authorized to discuss the sensitive issue.

Intelligence sources say that currently 20 to 25 Blackwater agents are operating in the North Western Frontier Province (NWFP), which borders Afghanistan, masquerading themselves as US intelligence and diplomatic officials.

"They are trying to establish their feet. They are hiding themselves under the diplomatic and FBI covers."

He said Blackwater has hired the services of some local security agencies to work for them.

"We are keeping an eye on the security agencies they have hired."

For more on this article, please click on the following link: Blackwater USA now in Pakistan: Khabrein.info

Genesis of Pakistan's recent inflation: The News

Dr Meekal A Ahmed

Pakistan has typically been a low-to-moderate inflation country. Taking a long-term view and excluding outliers, or periods of exceptionally high or low inflation, inflation has averaged about 6.5-7.5 percent per annum. This is a remarkable record for a developing country.

However, in recent years inflation has become a serious economic and social issue. From 2 percent during the period of 9/11, admittedly an unusually low starting point, inflation accelerated, reaching a "headline rate" of around 25 percent, a level never witnessed in Pakistan's economic history. Such a high rate of inflation is not, as some would have us believe, due to "exogenous shocks" beyond the control of policymakers. On the contrary, this inflation was largely policy-driven, as reflected in the fact that the "core," or "underlying" rate of inflation, which strips out the volatile components of inflation such as the price of food and oil that are due to exogenous shocks, also accelerated from, say, a core rate of 1 percent per annum to 18 percent over this period.

Nor did inflation start out of the blue, at the end of the golden era of General Musharraf. Inflation invariably has its genesis far back in time.

Pakistan's recent inflation experience is the consequence of short-sightedness, an incapacity to look ahead, and economic policies that were inherently flawed, driven by a debt-fuelled consumption bubble (now coming home to roost in the form of rising non-performing assets of the banking system), and excess levels of liquidity in the economy which spilled over into speculation in real estate and the stock market. Growth was not driven by the more self-sustaining forces of investment, productivity improvements, structural reforms, and net exports.

In the initial period, an increase in the rate of real GDP growth took place in an environment of relative price stability. Yet, to the discerning eye, it should have soon been clear that the pressure on resources was slowly building-up. Economic growth moved above trend (we hear about 7.2 percent GDP growth ad nauseam), operating with what economists call a "positive output gap." Absent any offsetting rise in productivity, which would have helped mute the inflationary strains being imposed on the economy of a positive output gap, the core rate of inflation started to gather speed.

It is the behaviour of the core rate of inflation that should have prompted policy action. However, the clear and obvious signs of accelerating core inflation were ignored and, with no effort being made to rein in demand pressures amid a widening positive output gap which reflected itself in growing macroeconomic imbalances, inflation started its deadly upward course. It has landed the economy in the worst economic slump and high inflation environment ever experienced in 62 years, with soaring unemployment and deepening poverty. To be sure, this high-inflation-low-output-growth stagflationary trap has been exacerbated by crippling power shortages, exogenous shocks, security issues, lingering economic uncertainty, and a global recession. But these factors exacerbated inflation; they did not cause it.

For more on this article, please click on the following link: Genesis of Pakistan's recent inflation: The News

Friday, August 21, 2009

Why most Pakistanis hate US policies?: The News

By Ansar Abbasi
ISLAMABAD: Judith A McHale’s “excellent” work and the New York Times’ reported Helene Cooper’s “exclusive” story might have made the day for the two but I am set to be declared any time as an al-Qaeda member and then killed inhumanly without being given the chance to defend myself.

The NY Times’ August 20th story “US officials get a taste of Pakistanis’ anger at America” reflects how smartly Washington and the US media make villains. I never had any doubt about their bias towards us — the Muslims and Pakistanis — but I never thought one day I myself would taste the magic of their lethal combination.

In my “one-on-one” recent meeting with Ms McHale, the Obama administration’s new under secretary of state for public diplomacy and public affairs, in Islamabad I did say that “we hate you” rather went on to the extent of telling her that “you” are callous, inhuman and cruel and that “you” have no respect for human lives. All this was said in a particular context and had a special reference but the way McHale quoted me in the New York Times suggests as if Ansar Abbasi hates McHale and that we Pakistanis hate all Americans.

First, I believe that the US under secretary was unfair to have picked up only me and my selected but mutilated “quotes” from our 30-40 minutes long interaction though she met other 16 Pakistani journalists and eight officials too. There is no explanation as to why I was treated so “specially”. Secondly, to my reckoning this “one-on-one” meeting, which was though also attended by Gonzalo Gallegos, Consular for Public Affairs in the US Embassy in Islamabad, and Joe Mellot, McHale’s special assistant, was a background interaction but it turned out to be an opportunity to portray me as a villain in the US media.

I don’t have any problem to say in public what I uttered in the conference room of the Islamabad hotel with McHale but I was never expecting that the apparently polite lady would turn out to be so impolite. At least, an old lesson stands reiterated — never trust the Americans.

In respect of Helene Cooper of the world’s most renowned and one of the most influential newspapers The New York Times, one can only wonder if the media ethics in the US allow a journalist there to quote someone while quoting some third party and that too to the former’s disadvantage without bothering to check the facts from the person, whose name and words are used to make the story.

It is true that McHale gave her initial polite presentation about building bridges between America and the Muslim world. She said she was in Pakistan to hear what people here think about the US and its policies.

I definitely thanked her politely for inviting me for an interview but never said that I hate her. Rather, I started by saying that I would be very candid, frank and honest in my views and to reflect what is in the minds and hearts of the majority of the people of Pakistan. I told McHale that most of our leaders would be sharing the same feelings but they would not tell you in your face, “We (the Pakistanis) hate you (American administration and policy makers)”. There was no point that I being Ansar Abbasi should hate another individual Judith A McHale.

For more on this article, please click on the following link: Why most Pakistanis hate US policies?: The News

Thursday, August 20, 2009

Management Theories from Islam: Economistan

The management theories of Islam as espoused and practiced by the pioneers of Islam, might be centuries old but they still hold to this day as some of the best ways of managing and leading.

Management Theory Y

The concept of theory Y managers is demonstrated by the Holy Prophet Muhammad’s (peace be upon him) personal way of leading and managing the affairs of the Muslim Ummah (community). Many early Muslims of the time used to come to the Holy Prophet (PBUH) themselves to ask for any service they could render to the newly born Muslim community. Never was force ever used to accomplish any task, rather it was based on volunteer service to the cause. Even at the times of the battles against the pagans of Mecca, many Muslims would come forward to render their services, even young teenagers. And the Holy Prophet (PBUH) would refuse their plea on the premise of them being too young for such a task.

Flat and Lean Organization

The Holy Prophet (PBUH) used the concept of a flat and lean organization and was easily accessible to the Muslim society of the time who would come with a lot of issues and affairs to be resolved by the Prophet (PBUH). The Prophet(PBUH) would always lead from the front and never shied away from doing his personal chores like cooking, stitching and cleaning or helping others despite being the leader of the Muslims.

Participative Style of Management Based on Consultations and Brainstorming

The Prophet (PBUH) used a consultative form of decision making, in which he would listen to the ideas of others and only then a decision would be taken. Brainstorming was extensively used and encouraged. Furthermore, there was no discrimination on the basis of race, creed or color. During one of the battles, the battle of Khandaq where the Muslim army faced a much bigger foe of ten thousand Meccans, a brainstorming session was held on how to ward off the pagans of Mecca. Many ideas were entertained, but the idea that was implemented came from Salman Farsi, a Persian by ethnicity, who had come all the way to Arabia searching for the True Prophet. He gave the idea of digging a big ditch around the entire city, called the “Khandaq”, which was many meters wide and deep. The Khandaq would make it very hard for the invading army to enter the city, as was the norm for battles in Persia. Even at the time of digging the Khandaq, an arduous task, the Prophet led from the front and performed his due share in excavating it. It is also reported that there was a very hard rock at one place of the Khandaq which the companions of the Prophet were having difficulty breaking. The Holy Prophet(PBUH) helped by......

For more on this article, please click on the following link: Management Theories from Islam: Economistan

Pakistan inaugurates Punjab power plant: pennet

Power Plant with a capacity of 225 megawatts in Sheikhupura, Punjab. Addressing the inaugural ceremony, the Prime Minister said that the joint venture between private companies and the government of Pakistan would prove to be a source of economic growth for the country

The Atlas Power plant consists of 11 four stroke diesel engines manufactured by MAN and one steam turbine. These engines are capable of operating as base-load plant on residual fuel oil and convertible into duel fuel operation with gas as well as bio-fuels as primary fuels.

For more on this article, please click on the following link: Pakistan inaugurates Punjab power plant: pennet

A conspiracy to barren Pakistan's farmlands: The Nation

Ishrat Ali Khan
While Pakistan has handed over credible evidence of Indian involvement in the subversive activities on its soil, India has pierced yet another soft target by building Wullar barrage on Jhelum River forcing the agro-based economy in tatters. Pakistan Indus Commissioner Syed Jamaat Ali Shah and Indian Indus water Commissioner G Aranganathan held important parleys early June and discussed 14 agenda items; including the contentious Wullar barrage project. The talks were essentially a failure with both sides being unable to reach an agreement on the Chenab's water flow, the Wullar barrage project and Nimo Bazgo hydel power projects. The two nations refer to the dam project by different names - Pakistan calls it the Wullar barrage and India calls it the Tulbul Navigation Project. It is a barrage because India is storing the flow of water through a 22-KM long tunnel into the Wullar Lake. According to Indian water strategists, the dam will help maintain better water levels in a nearby lake and regulate the flow of flood waters. That is why, it is a navigational effort. Nevertheless, Islamabad fears the proposed dam on the Jhelum river, a tributary of the Indus, will affect water levels further downstream in the plains of its Punjab province threatening irrigation and power projects. In the wake of inconclusive talks on water flow of Jhelum, Indian attempt to use water as a geo-strategic tool, is unfair and in contravention to the IWT-1960.
According to Indus Water Treaty of 1960, India has been allotted exclusive control/right over the waters of the eastern rivers, namely; the Ravi, the Beas and the Sutlej. Pakistan controls the waters of three western rivers; the Indus, the Jhelum and the Chenab. It is interesting to note that the base-source of water of all the rivers flows from Indian Held Kashmir (IHK). As the demand for water increased manifold, India's growing lust for maximum control over the sources of the supply of water of three western rivers, became more pronounced for its burgeoning population. The treaty barred India from storing any water or constructing any storage works on the western rivers that would result in a reduced flow of water to Pakistan. The Indian design to construct dams on Pakistani rivers will diminished the flow of Jhelum during the vital Rabi crop-sowing season (January and February) threatening Pakistan's agro-based economy and throwing the fate of dismal farmers in the abyss of absurdity.

For more on this article, please click on the following link: A conspiracy to barren Pakistan's farmlands: The Nation

Wednesday, August 19, 2009

U.S. Officials Get a Taste of Pakistanis’ Anger at America: NYT

Published: August 19, 2009

KARACHI, PakistanJudith A. McHale was expecting a contentious session with Ansar Abbasi, a Pakistani journalist known for his harsh criticism of American foreign policy, when she sat down for a one-on-one meeting with him in a hotel conference room in Islamabad on Monday. She got that, and a little bit more.

After Ms. McHale, the Obama administration’s new under secretary of state for public diplomacy and public affairs, gave her initial polite presentation about building bridges between America and the Muslim world, Mr. Abbasi thanked her politely for meeting with him. Then he told her that he hated her.

“ ‘You should know that we hate all Americans,’ ” Ms. McHale said Mr. Abbasi told her. “ ‘From the bottom of our souls, we hate you.’ ”

Beyond the continuation of the battle against militants along the Pakistani-Afghan border, a big part of President Obama’s strategy for the region involves trying to broaden America’s involvement in the country to include nonmilitary areas like infrastructure development, trade, energy, schools and jobs — all aimed at convincing the Pakistani people that the United States is their friend. But as Ms. McHale and other American officials discovered this week, during a visit by Richard C. Holbrooke, the special representative to Pakistan and Afghanistan, making that case was not going to be easy.

“We have made a major turn with our relationship with Pakistan under President Obama,” Mr. Holbrooke told reporters at a news conference in Karachi on Wednesday. Time and again, Mr. Holbrooke tried to delineate the differences between the Obama administration and the Bush era, painting the new administration as one that wants to see a better life and more business opportunities for Pakistanis.

For more on this article, please click on the following link: U.S. Officials Get a Taste of Pakistanis’ Anger at America: NYT

Cement exports register big increase in July: Dawn

Parvaiz Ishfaq Rana

KARACHI: Cement export made a sudden jump during July, the first month of the current fiscal year (2009-10), to 1.160 million tons from 0.838 million tons recorded during June 2009.

According to exporters, there had been around one million tons of exports for the last two years, but during July, the figure crossed the mark, indicating revival of cement demand in the world market.

However, cement export in June 2009 temporarily declined as India stopped providing rail wagons.

According to an understanding, both the countries were to provide train facility on the basis of inter-change which means one rail would go from Pakistan and the other would come from India to carry cement across Wagah border.

Cement export to India by sea route declined to 5,795 tons, but picked up in July and stood at 21,558 tons.

Similarly, export of cement to India by train during June was 38,560 tons but increased to 49,104 tons in July 2009.

Despite the fact that there was some decline in cement consumption by construction industry in India affected by slow economic activity, the on-going construction of Commonwealth games complex somewhat sustained demand of cement, exporters said.

For more on this article, please click on the following link: Cement exports register big increase in July: Dawn

Israel, India, US nexus plans to break-up Pakistan: Pakistan Daily

“It is essential that we strike and crush Pakistanis, enemies of Jews and Zionism, by all disguised and secret plans,” – David Ben Gurion, the first prime minister of the Zionist entity.

“The Indian spy agency RAW and the Israeli spy agency MOSSAD have created four new agencies to infiltrate Pakistan to target important religious and military personalities, journalists, judges, lawyers, and bureaucrats. In addition, bombs would be exploded in trains, railway stations, bridges, bus stations, cimemas, hotels and mosques of rival Islamic sects to incite sectarianism,” – Jane Information reported in July 2001.

Israeli scholar, professor Benjamin Beit-Hallahmi, in his controversial book, The Israeli Connection, wrote about Zionists’ hatred toward the Muslim World and their support for anti-Muslim insugencies and covert military and intelligence operations to destablize Muslim countries, especially which don’t recognize Jewish settler colonization of Arab lands. Benjamin Beit-Hallahmi cites Israeli involvement in Iran-Contra affair, helping French colonists during Algerian War of Independence, aiding Idi Amin’s military coup in Uganda, aiding Kurdish and Shia rebellions against Saddam Hussein regime, support for Marcos’ fascism against Moro Muslim resistance, support for Burmese and Chinese genocide of Muslim minorities, and many others.

In 1968, Indian prime minister Indira Gandhi gave birth to country’s first foreign ’espionage and terrorist’ organization known as the Research and Analysis Wing (RAW). Indira Gandhi adised RAW’s chief, R.N. Kao, to establish freindly relations with its Israeli counter-part, MOSSAD.

Charles Ferndale in his February 2009 article, titled The Great Game revisited, wrote: “In order to maintain its dominence in the region, Israel has for years set about destablising any Muslim country that poses threat to its dominance. Pakistan is the only Muslim country with nuclear weapons and Israel is within range. So Pakistan must be weakened to the point at which it ceases to operate militarily as a nation. Pakistan is supposed to be West’s foremost ally to fight against Islamic militancy, so Israel cannot attack Pakistan directly, and, if Israel did, she certaily would be defeated. So what to do? Well, two stages come to mind; one use America to attack Pakistan for you; and two, train and send into the border regions of Pakistan gangs of thugs willing to commit atrocities that then will be blamed on ‘barbaric Muslim militants’ – suggesting that Pakistan has lost control of its territory to dangerous extremists and so may lose control of its nuclear weapons.” The insurgency in Swat being the latest example of that Israeli strategy.

For more on this article, please click on the following link: Israel, India, US nexus plans to break-up Pakistan: Pakistan Daily

India loses $410m in trade with Pakistan: The Nation

Javed Mahmood

KARACHI - The Indian government suffered a loss of $410 million in its exports to Pakistan in 2008-09 because of the political tension that was magnified by Indians after the Mumbai tragedy.
Details obtained by The Nation reveal that during 2008-09 Pakistan’s imports from India dropped to $1.03 billion as against $1.44 billion in 2007-08, showing a decline of $410 million.
Surprisingly, the country’s exports to India edged up by $51 million or 19.45 per cent in the last financial year, but the imports from the neighbouring arch-rival fell by 28 per cent.
After the Mumbai incident in November 2008, the Indian authorities and politicians created maximum tension with Pakistan, which ultimately damaged Indian exports.
In 2008-09, the bilateral trade of the two countries depleted to $1.34 billion from $1.70 billion in 2007-08.

For more on this article, please click on the following link: India loses $410m in trade with Pakistan: The Nation

Tuesday, August 18, 2009

Moodys upgrades Pakistan’s rating: Daily Times

KARACHI: Moodys Investors Service Monday upgraded Pakistan's rating from B3 with negative outlook to B3 with stable outlook.

Moodys cited greater financial assistance from the IMF and subsequent lowering of potential risks to BoP stability from any drop in private capital inflows as the reason for the rating upgrade.

Analysts said that this action is inline with the expectations due to some improvement on the economic front. However, despite this, Pakistan's credit rating is still lower than that for most other economies in the region, where respective long-term sovereign rating for Hungary and Turkey are Baa1 and Ba3.

Considering that Pakistan's broad economic fundamentals are comparable and in some cases even better than these two economies, analysts expected further upward revision in Pakistan's rating if political risks remain manageable.

In addition, they expected that aid flows would increase further in view of next Friends of Democratic Pakistan meeting in Turkey. "This should keep both the fiscal and the external side balanced and at the same time contribute towards reserve buildup", they believed.

Pakistan's economy has been showing considerable signs of recovery. Headline inflation has declined to 11.2 percent in July 2009 from its peak of 25.3 percent in August 2008. Core inflation has also dropped to 14.0 percent in July-09 from its peak of 18.9 percent in Feb-09.

For more on this article, please click on the following link: Moodys upgrades Pakistan’s rating: Daily Times

Pakistan To Launch First Satellite In 2011: Bernama

ISLAMABAD, Aug 18 (Bernama) -- Dr Samar Mubarakmand, a renowned Pakistani nuclear scientist said that Pakistan would launch its first space satellite in April 2011.

Talking to a private TV channel on Tuesday, Dr Samar said the satellite, likely to be sent into earth orbit, would monitor mineral and agriculture programs and weather conditions, reports China's Xinhua news agency.

He said this project is funded by the Pakistani Planning Commission and there is no scarcity of funds for nuclear and space projects of the country.

Dr Samar said the country's nuclear programme was not inferior to any other country in its standard and proficiency.

For more on this article, please click on the following link: Pakistan To Launch First Satellite In 2011: Bernama

US lures Pakistan away from gasline: The Nation

Afzal Bajwa

ISLAMABAD - Asking to stay away from Iranian gas pipeline for enhanced American energy cooperation, the Washington left Islamabad in a fix on Monday to choose between nearest available gas line or help line from US in tackling the ever-growing energy crisis.
“In case Pakistan withdraws from the primary partnership of transnational Iran-Pakistan-India (IPI) Gas Pipeline project, it would also get the American support to get funds committed by the Friends of Democratic Pakistan (FoDP),” sources told TheNation here on Monday.
According to the sources, President Obama’s Special Envoy for Afghanistan and Pakistan Richard Holbrooke and Finance Minister Shaukat Tarin tossed these options during their meeting here on Monday. US High Commissioner Anne W Patterson flanked the special envoy while State Minister for Finance Hina Rabbani Khar was there to reinforce the Pakistani side.
Meanwhile, an official handout stated that the federal minister briefed Holbrooke about the state of Pakistani economy, particularly the issues related to energy crisis.

For more on this article, please click on the following link: US lures Pakistan away from gasline: The Nation

Pakistan Cuts Rate for Second Time This Year as War Hits Growth: Bloomberg

By Khalid Qayum and Farhan Sharif

Aug. 16 (Bloomberg) -- Pakistan cut interest rates for the second time this year as a war against Taliban insurgents threatens an already “anaemic” economy.

State Bank of Pakistan lowered its benchmark discount rate to 13 percent from 14 percent, Central Bank Governor Salim Raza said at a news conference in Karachi yesterday. All 12 economists surveyed by Bloomberg News expected the central bank to reduce borrowing costs.

The Pakistan Peoples Party-led government is betting lower interest rates will revive the confidence of investors, who have shied away from the country because of militancy in the northwest region and a near-stagnant economy. The International Monetary Fund this month agreed to increase a loan to Pakistan to $11.3 billion from the $7.6 billion approved in November to bolster the nation’s “anaemic” growth.

“The challenge for policy makers is growth,” said Sayem Ali, an economist at Standard Chartered Plc in Karachi. “The inflationary cycle appears to be coming to an end.”

Raza has this year lowered borrowing costs by two percentage points from a decade high, taking advantage of the slowest inflation in 19 months.

“The revival will be slow and sporadic,” Raza said yesterday. “Power shortages and security issues have hurt growth. The likely increase in oil and power costs may renew inflationary pressure.”

Six Times

The central bank will announce monetary policy six times a year every alternate month instead of every quarter, Raza said. The next announcement will be in the last week of September.

The monetary policy committee will be expanded to include independent experts, in line with “best international practices,” he said.

The governor unexpectedly postponed State Bank of Pakistan’s monetary policy statement to yesterday from its initially scheduled release on July 25.

The delay may have been due to “fiscal slippages” resulting from declining tax revenue and “substantial” military expenditure that forced the government to borrow from the central bank for deficit financing, according to Ali from Standard Chartered.

The central bank also introduced a “corridor” for the overnight repurchase rate, Raza said. The discount rate will be a ’’ceiling’’ and the rate on the new overnight deposit facility, 300 basis points below the discount rate, will provide a “floor,” he said.

Policy makers last raised borrowing costs by 2 percentage points on Nov. 12, the fourth increase in 2008, as part of conditions for the IMF loan and to curb inflation that reached a 30-year high.

For more on this article, please click on the following link: Pakistan Cuts Rate for Second Time This Year as War Hits Growth: Bloomberg

Foreign investment down by over 41 percent: Daily Times

By Mushfiq Ahmad

KARACHI: Pakistan managed to attract only $200.1 million in foreign direct investment in July this year, down by 41.6 percent from $342.5 million received in July last year.

According to official figures released here on Monday, net inflow of foreign investment in the country was even less-$195.6 million-because an outflow of $4.5 million was recorded under the head of portfolio investment.

Inflows of foreign investment in the country have been declining for about two years because of deteriorating economic conditions of the country, poor law and order situation, and lack of infrastructure.

Pakistan's gross domestic product grew by only 2 percent in the last fiscal year, as aggregate demand came down sharply owing to extraordinarily high inflation and low wages. As a result, investors see little opportunity of making profits in this country.

Economists say that the country received foreign investment mostly in banking and telecom sector in Shauka Aziz era. These two sectors are almost saturated now and there is little incentive for anybody to invest more money.

For more on this article, please click on the following link: Foreign investment down by over 41 percent: Daily Times

Maramzai-1 well in Pakistan shows gas, condensate: pennenergy

By an OGJ correspondent
KARACHI, Aug. 17
-- Hungary’s MOL Pakistan Oil & Gas Co. reported a discovery with the Maramzai-1 exploratory well on Tal Block in North West Frontier Province of Pakistan, saying it tested 12 MMcfd of natural gas and 430 b/d of condensate.

MOL serves as operator for the consortium holding interest in the block. Its partners are Oil & Gas Development Co. Ltd., Pakistan Petroleum Ltd., Pakistan Oilfields Ltd., and Government Holdings (Pvt.) Ltd.

For more on this article, please click on the following link: Maramzai-1 well in Pakistan shows gas, condensate: pennenergy

Thursday, August 13, 2009

Pakistan's July remittances at record $747.22 mln: Forbes

KARACHI, Aug 12 (Reuters) - Pakistan received a record $747.22 million in remittances from citizens overseas in July, compared with $627.21 million in the same month last year, the State Bank of Pakistan said late on Tuesday.

The previous monthly record was $739.43 million, received in March.

The largest inflow of remittances during July came from the United Arab Emirates, with $159.32 million, followed by Saudi Arabia with $150.13 million.

For more on this article, please click on the following link: Pakistan's July remittances at record $747.22 mln: Forbes

ICBM: Pakistan intercontinental missile underway: Daily.pk

Farooq Hussain

Technology to cover range of 7,000 Kms, Pakistan, to increase its defensive capabilities, has started preparing intercontinental missile with a range of 7000 kilometres.

According to sources, the intercontinental missile has a range of 7000 kilometres and is capable of hitting its target falling within its range. The missile can contain nuclear as well as traditional warheads. The missile has been termed a significant milestone for the defence of the country and is believed to strengthen the defence. According to sources, the missile would soon be test fired.
PAF to get airborne refullers next year: Pakistan Air Force plans to induct four Chinese airborne refullers next year, in a move to counter the Indian Air Forces’ enhanced capabilities after New Delhi acquired six similar aircraft, an Indian news agency quoted the PAF chief as saying.
Air Chief Marshal Qamar Suleman underlined that the airborne refullers were necessary to match the IAF capabilities.

“This is an absolutely new capability which we are inducting. We never had this capability in the PAF,” Suleman added, maintaining, in order to match the IAF’s acquisition of the first of three Airborne Warning and Control Systems (AWACS), the PAF would receive four Chinese systems between 2011 and 2012.

For more on this article, please click on the following link: ICBM: Pakistan intercontinental missile underway: Daily.pk

Pakistan keeps their champions tag intact: DailyNews

Chris DHAMBARAGE
Pakistan kept their reputation as the World Champions while defeating Sri Lanka by 52 runs in their only Twenty20 International worked off under lights at the R. Premadasa Stadium in Colombo yesterday.
Pakistan successfully defended their total of 172 runs as they dismissed the home side for just 120 runs from 18.1 overs.
Even then they were under tremendous pressure at one stage with skipper Kumar Sangakkara threatening to take the game away from them.
The stylish left hander batting at number four showed promise with a 31 ball 38 which was studded with one six and two boundaries. Along with Chamara Kapugedera they set about their task in style as Sri Lanka remained well on course to a morale boosting victory.
However the dismissal of Sangakkara in the 14th over certainly brought a dramatic change to the game with Pakistan crawling their way back into the game through some accurate bowling and splendid fielding.
In fact Sri Lanka lost their last seven wickets for the addition of just 20 runs within the space of 29 deliveries. Opening bowler Naveed Ul Hasan and Saeed Ajmal claimed three wickets each with Mohammed Aamer, Ifthikao Rao and Shahid Afridi providing the back up support.
For more on this article, please click on the following link: Pakistan keeps their champions tag intact: DailyNews

Pakistan’s export share in world trade declines to 0.13%: Daily Times

By Razi Syed

KARACHI: The global share of Pakistan in export market is 0.13 percent, which was 0.21 percent in 1999. The exports dropped from $19.1 billion in 2007-08 to $17.8 billion in 2008-09, imports dropped from $40.4 billion in 2007-08 to $34.9 bill in 2008-09, according to the Federal Bureau of Statistics. Agha Saiddain, Chairman Pakistan Tanners Association, said textile exports which are 54 percent of our total exports dropped from $10.6 billion to $9.60 billion, but alarming thing is that export of non-textile manufactured items has gone down from an already low figure of $5.83 billion in 2007-08 to $3.12 billion in 2008-09. Agha said on the other hand non-textile exports have gone up in all our competing countries specially in Asia, including China, India, Malaysia, etc.

It would have been better to announce a trade policy for the year 2009-10 with short-term measure with a five-year strategic policy framework. Short-term measures are required to face the challenges of global recession and abnormal security situation of Pakistan. The trade policy is silent about the road map as how to achieve these objectives and the major causes of back drop of trade policy are identified by the MOC as energy crises, low productivity and poor innovation, low value addition, lack of foreign investment, tax laws, lack of product and market diversification, he added. He said, these terms look very impressive but what practical measures have been suggested to overcome these weaknesses are unidentified”.

To overcome these weakness the government has come up with new creative idea under its name STPF (strategic trade policy framework) with fundamental principles laid down as growth with equity, creating opportunities for gainful employment, sound macro-economic frame work for poverty eradication, environmental protection, HR development, targeting private sector as engine of growth, focus on small agriculture. The government has been working on strategies of various industries such as leather industry where SWOG (strategy working group) has already finalised their strategy paper and recommendations forwarded to the authorities.

For more on this article, please click on the following link: Pakistan’s export share in world trade declines to 0.13%: Daily Times

Canada's expanded aid to Pakistan to help fight terrorism: theglobeandmail

Campbell Clark
Ottawa — From Thursday's Globe and Mail

Canada will expand aid to Pakistan, notably to bolster the weak public school system that has left a void to be filled by fundamentalist madrassas, as Ottawa increasingly views the country's stability as key to success in Afghanistan.
In Pakistan Wednesday, International Co-operation Minister Bev Oda pledged $25-million for food, water and emergency shelter for refugees who fled a Pakistani military offensive against Taliban insurgents four months ago.
Many of the more than 2 million people who left their homes in the Swat Valley in April are returning. But the huge numbers of refugees have placed a strain on local resources, and reconstruction efforts will be costly.
“They're rebuilding police stations, judiciary, making sure that power is available, water is available, gas is available,” said Ms. Oda, who visited the Jalozai Internally Displaced Persons camp Tuesday.
In addition to the $25-million in emergency aid, Canada will expand its longer-term development assistance to Pakistan, Ms. Oda said, as it joins other countries in linking success against the Taliban insurgency in Afghanistan – the largest single recipient of Canadian aid – with stability in Pakistan.

For more on this article, please click on the following link: Canada's expanded aid to Pakistan to help fight terrorism: theglobeandmail

Pakistan receives 3rd tranche of IMF loan: Xinhuanet

ISLAMABAD, Aug. 12 (Xinhua) -- Pakistan has received 1.2 billion U.S. dollars from the International Monetary Fund (IMF), the third tranche of an emergency loan facility agreed last year, the central bank said Wednesday.
"We have received 1.2 billion U.S. dollars from the IMF," Syed Wasimuddin, spokesman of the State Bank of Pakistan, was quoted assaying by the private TV channel GEO.
Last week, the IMF increased its loan to Pakistan to 11.3 billion U.S. dollars under an economic program first agreed in Nov.2008, to avert a balance of payments crisis.

For more on this article, please click on the following link: Pakistan receives 3rd tranche of IMF loan: Xinhuanet

Pakistan May Cut Rate for Second Time This Year to Stoke Growth: Bloomberg

By Khalid Qayum and Farhan Sharif

Aug. 13 (Bloomberg) -- Pakistan’s central bank will probably lower its benchmark interest rate for the second time this year to help boost economic growth.

State Bank of Pakistan will cut its discount rate by between 1 and 2 percentage points from 14 percent, according a Bloomberg News survey of 12 economists. Governor Salim Raza is due to release the central bank’s quarterly monetary policy statement on Aug. 15 in Karachi, after the announcement was delayed from the previously scheduled date of July 25.

The case for reducing rates “has been strengthened by the sharp drop in inflation,” said Asad Farid, an economist at AKD Securities Ltd. in Karachi. “It is very critical that finance costs be lowered now. If they aren’t, industry, which is already facing huge problems, will not be competitive.”

The Pakistan Peoples Party-led government is betting lower interest rates will revive the confidence of investors, who have shied away from the country because of militancy in the northwest region and a crumbling economy. The International Monetary Fund agreed to increase a loan to Pakistan by $3.2 billion on Aug.8, after the country was forced to turn to the Washington-based lender for a $7.6 billion bailout in November.

Governor Raza in April cut the benchmark rate one percentage point to 14 percent from a decade high. Policy makers last raised borrowing costs by 2 percentage points on Nov. 12, the fourth increase in 2008, as part of conditions for the IMF loan and to curb inflation that reached a 30-year high.

Slowing Inflation

Consumer prices rose 11.17 percent in July from a year earlier, the slowest pace in 19 months. Large-scale manufacturing output fell 8.5 percent in the 11 months ended May 30, according to the statistics agency.

South Asia’s second-largest economy was forced to turn to the IMF for a rescue package to avoid defaulting on its debt, after the country’s foreign-exchange reserves shrunk 75 percent in a year to $3.5 billion and the current-account deficit widened to a record.

For more on this article, please click on the following link: Pakistan May Cut Rate for Second Time This Year to Stoke Growth: Bloomberg

Wednesday, August 12, 2009

Pakistan, Captain America's On the Phone: Miller-Mccune

U.S. officials counter by insisting they are imposing tight transparency and accountability requirements — once again, annoyingly, as if for the first time. Additionally, they say, the funds will be channeled through local grassroots organizations to develop the capacity of local civil society. Currently, 70 to 80 cents of every dollar allocated in aid comes back to the U.S. instead of staying in the country it is meant to benefit because of USAID's dependence on contractors.

This figure (found here) apparently startled Richard Holbrooke, President Obama's regional point man, and he is reportedly looking into the idea of a trust fund to get more buy-in from Pakistanis and keep more of the money in-country. (A similar setup has been working in Afghanistan.) That's just one of many things that need to change for the U.S. to have a chance to succeed in Pakistan.

For more on this article, please click on the following link: Pakistan, Captain America's On the Phone: Miller-Mccune

US to use funds for aid on ‘super embassy’ project: Dawn

By Baqir Sajjad Syed

ISLAMABAD: In what could be a recipe for a new controversy, the United States will spend nearly one billion dollars from its $2.4 billion war supplement aid for Pakistan on the construction and fortification of its new embassy in Islamabad and additional staffing of the mission, in what is seen here as a departure from the usual practice of using State Department finances for such projects.

Under a programme to strengthen its presence in Pakistan, the US will bring here about 1,000 personnel, including a large number of Marines.

It has already undertaken a project to rebuild and refurbish the embassy building and construct accommodation for the new staff and a massive complex for the Marines to be stationed in the capital.

The US plan to reinforce its presence has already created ripples here and, according to a senior official, it would mean stationing of ‘more American military and intelligence personnel in diplomatic guise.

And a retired diplomat says the upcoming American hub in Islamabad will be used to influence development in the region by remote control.

US Charge d’Affaires Gerald Feierstein, in a letter to Dawn, described the plan as a positive development symbolising US commitment to stand by its friends in Pakistan. He said the new embassy building would be a landmark in the diplomatic enclave.

The US media, meanwhile, has described the upcoming structure as a ‘super embassy’ rivalling only the American mission in Baghdad.

The project, US official estimates show, will cost about $1 billion. And the Obama administration has worked out an easy way out, footing the bills from Pakistan’s $2.4 billion share in the Pentagon War Supplemental Package for the fiscal year 2009.

For more on this article, please click on the following link: US to use funds for aid on ‘super embassy’ project: Dawn

US to use funds for aid on ‘super embassy’ project: Dawn

By Baqir Sajjad Syed

ISLAMABAD: In what could be a recipe for a new controversy, the United States will spend nearly one billion dollars from its $2.4 billion war supplement aid for Pakistan on the construction and fortification of its new embassy in Islamabad and additional staffing of the mission, in what is seen here as a departure from the usual practice of using State Department finances for such projects.

Under a programme to strengthen its presence in Pakistan, the US will bring here about 1,000 personnel, including a large number of Marines.

It has already undertaken a project to rebuild and refurbish the embassy building and construct accommodation for the new staff and a massive complex for the Marines to be stationed in the capital.

The US plan to reinforce its presence has already created ripples here and, according to a senior official, it would mean stationing of ‘more American military and intelligence personnel in diplomatic guise.

And a retired diplomat says the upcoming American hub in Islamabad will be used to influence development in the region by remote control.

US Charge d’Affaires Gerald Feierstein, in a letter to Dawn, described the plan as a positive development symbolising US commitment to stand by its friends in Pakistan. He said the new embassy building would be a landmark in the diplomatic enclave.

The US media, meanwhile, has described the upcoming structure as a ‘super embassy’ rivalling only the American mission in Baghdad.

The project, US official estimates show, will cost about $1 billion. And the Obama administration has worked out an easy way out, footing the bills from Pakistan’s $2.4 billion share in the Pentagon War Supplemental Package for the fiscal year 2009.

For more on this article, please click on the following link: US to use funds for aid on ‘super embassy’ project: Dawn

Tuesday, August 11, 2009

Pakistan’s Trade Deficit Narrows 31.1% to $1.15 Billion in July: Bloomberg

By Farhan Sharif

Aug. 11 (Bloomberg) -- Pakistan’s trade deficit narrowed by 31.1 percent in July as imports fell faster than exports.

The trade gap narrowed to $1.15 billion in the first month of the new fiscal year, from $1.67 billion a year ago, according to data posted on the Web site of the Federal Bureau of Statistics in Islamabad.

Overseas sales fell 20.8 percent to $1.49 billion, while imports fell 25.6 percent to $2.64 billion, according to the data.

For more on this article, please click on the following link: Pakistan’s Trade Deficit Narrows 31.1% to $1.15 Billion in July: Bloomberg

A Jewish Defector Warns America: Benjamin Freedman Speaks: Daily.pk

Benjamin H. Freedman was one of the most intriguing and amazing individuals of the 20th century.

Mr. Freedman, born in 1890, was a successful Jewish businessman of New York City who was at one time the principal owner of the Woodbury Soap Company. He broke with organized Jewry after the Judeo-Communist victory of 1945, and spent the remainder of his life and the great preponderance of his considerable fortune, at least 2.5 million dollars, exposing the Jewish tyranny which has enveloped the United States.

Mr. Freedman knew what he was talking about because he had been an insider at the highest levels of Jewish organizations and Jewish machinations to gain power over our nation. Mr. Freedman was personally acquainted with Bernard Baruch, Samuel Untermyer, Woodrow Wilson, Franklin Roosevelt, Joseph Kennedy, and John F. Kennedy, and many more movers and shakers of our times.

This speech was given before a patriotic audience in 1961 at the Willard Hotel in Washington, D.C., on behalf of Conde McGinley’s patriotic newspaper of that time, Common Sense. Though in some minor ways this wide-ranging and extemporaneous speech has become dated, Mr. Freedman’s essential message to us — his warning to the West — is more urgent than ever before. — K.A.S. —

A CHRISTIAN VIEW OF THE HOLOCAUST

Ladies and gentlemen, you are about to hear a very frightening speech. This speech is an explanation of the plans now being laid to throw the United States into a third world war. It was made a short time ago before a large group in the Congressional `Room of the Willard Hotel in Washington, D.C. Both the speech and the question and answer period later so electrified the audience that a group of patriots has transferred it to two long-playing records which you may buy to play for friends, clubs, and your church group in your community. The speaker is Mr. Benjamin Freedman, noted authority on Zionism and all of its schemes. Mr. Freedman is a former Jew, and I mean a FORMER Jew. He has fought the Communist world conspiracy tooth and nail, and stands today as a leading American patriot. We now take you to the speaker’s platform to present Benjamin Freedman.

(applause)

[Freedman's speech]

What I intend to tell you tonight is something that you have never been able to learn from any other source, and what I tell you now concerns not only you, but your children and the survival of this country and Christianity. I’m not here just to dish up a few facts to send up your blood pressure, but I’m here to tell you things that will help you preserve what you consider the most sacred things in the world: the liberty, and the freedom, and the right to live as Christians, where you have a little dignity, and a little right to pursue the things that your conscience tells you are the right things, as Christians.

Now, first of all, I’d like to tell you that on August 25th 1960 — that was shortly before elections — Senator Kennedy, who is now the President of the United States, went to New York, and delivered an address to the Zionist Organization of America. In that address, to reduce it to its briefest form, he stated that he would use the armed forces of the United States to preserve the existence of the regime set up in Palestine by the Zionists who are now in occupation of that area.

In other words, Christian boys are going to be yanked out of their homes, away from their families, and sent abroad to fight in Palestine against the Christian and Moslem Arabs who merely want to return to their homes. And these Christian boys are going to be asked to shoot to kill these innocent [Arab Palestinians] people who only want to follow out fifteen resolutions passed by the United Nations in the last twelve years calling upon the Zionists to allow these people to return to their homes.

Now, when United States troops appear in the Middle East to fight with the Zionists as their allies to prevent the return of these people who were evicted from their homes in the 1948 armed insurrection by the Zionists who were transplanted there from Eastern Europe… when that happens, the United States will trigger World War III.

You say, when will that take place? The answer is, as soon as the difficulty between France and Algeria has been settled, that will take place. As soon as France and Algeria have been settled, that will take place. As soon as France and Algeria have settled their difficulty, and the Arab world, or the Moslem world, has no more war on their hands with France, they are going to move these people back into their homes, and when they do that and President kennedy sends your sons to fight over there to help the crooks hold on to what they stole from innocent men, women and children, we will trigger World War III; and when that starts you can be sure we cannot emerge from that war a victor. We are going to lose that war because there is not one nation in the world that will let one of their sons fight with us for such a cause.

I know and speak to these ambassadors in Washington and the United Nations — and of the ninety-nine nations there, I’ve consulted with maybe seventy of them — and when we go to war in Palestine to help the thieves retain possession of what they have stolen from these innocent people we’re not going to have a man there to fight with us as our ally.

And who will these people have supporting them, you ask. Well, four days after President Kennedy — or he was then Senator Kennedy — made that statement on August 28, 1960, the Arab nations called a meeting in Lebanon and there they decided to resurrect, or reactivate, the government of Palestine, which has been dormant more or less, since the 1948 armed insurrection by the Zionists.

Not only that… they ordered the creation of the Palestine Army, and they are now drilling maybe a half a million soldiers in that area of the world to lead these people back to their homeland. With them, they have as their allies all the nations of what is termed the Bandung Conference Group. That includes the Soviet Union and every Soviet Union satellite. It includes Red China; it includes every independent country in Asia and Africa; or eighty percent of the world’s total population. Eighty percent of the world’s population. Four out of five human beings on the face of the earth will be our enemies at war with us. And not alone are they four out of five human beings now on the face of this earth, but they are the non-Christian population of the world and they are the non-Caucasians… the non-white nations of the world, and that’s what we face.

And what is the reason? The reason is that here in the United States, the Zionists and their co-religionists have complete control of our government. For many reasons too many and too complex to go into here at this — time I’ll be glad to answer questions, however, to support that statement — the Zionists and their co-religionists rule this United States as though they were the absolute monarchs of this country.

Now, you say, ‘well, that’s a very broad statement to make’, but let me show what happened while you were — I don’t want to wear that out — let me show what happened while WE were all asleep. I’m including myself with you. We were all asleep. What happened?

World War I broke out in the summer of 1914. Nineteen-hundred and fourteen was the year in which World War One broke out. There are few people here my age who remember that. Now that war was waged on one side by Great Britain, France, and Russia; and on the other side by Germany, Austria-Hungary, and Turkey. What happened?

Within two years Germany had won that war: not alone won it nominally, but won it actually. The German submarines, which were a surprise to the world, had swept all the convoys from the Atlantic Ocean, and Great Britain stood there without ammunition for her soldiers, stood there with one week’s food supply facing her — and after that, starvation.

At that time, the French army had mutinied. They lost 600,000 of the flower of French youth in the defense of Verdun on the Somme. The Russian army was defecting. They were picking up their toys and going home, they didn’t want to play war anymore, they didn’t like the Czar. And the Italian army had collapsed.

Now Germany — not a shot had been fired on the German soil. Not an enemy soldier had crossed the border into Germany. And yet, here was Germany offering England peace terms. They offered England a negotiated peace on what the lawyers call a status quo ante basis. That means: “Let’s call the war off, and let everything be as it was before the war started.”

Well, England, in the summer of 1916 was considering that. Seriously! They had no choice. It was either accepting this negotiated peace that Germany was magnanimously offering them, or going on with the war and being totally defeated.

While that was going on, the Zionists in Germany, who represented the Zionists from Eastern Europe, went to the British War Cabinet and — I am going to be brief because this is a long story, but I have all the documents to prove any statement that I make if anyone here is curious, or doesn’t believe what I’m saying is at all possible — the Zionists in London went to the British war cabinet and they said: “Look here. You can yet win this war. You don’t have to give up. You don’t have to accept the negotiated peace offered to you now by Germany. You can win this war if the United States will come in as your ally.”

The United States was not in the war at that time. We were fresh; we were young; we were rich; we were powerful. They [Zionists] told England: “We will guarantee to bring the United States into the war as your ally, to fight with you on your side, if you will promise us Palestine after you win the war.”

In other words, they made this deal: “We will get the United States into this war as your ally. The price you must pay us is Palestine after you have won the war and defeated Germany, Austria-Hungary, and Turkey.”

Now England had as much right to promise Palestine to anybody, as the United States would have to promise Japan to Ireland for any reason whatsoever. It’s absolutely absurd that Great Britain — that never had any connection or any interest or any right in what is known as Palestine — should offer it as coin of the realm to pay the Zionists for bringing the United States into the war.

However, they made that promise, in October of 1916. October, nineteen hundred and sixteen. And shortly after that — I don’t know how many here remember it — the United States, which was almost totally pro-German — totally pro-German — because the newspapers here were controlled by Jews, the bankers were Jews, all the media of mass communications in this country were controlled by Jews, and they were pro-German because their people, in the majority of cases came from Germany, and they wanted to see Germany lick the Czar.

The Jews didn’t like the Czar, and they didn’t want Russia to win this war. So the German bankers — the German-Jews — Kuhn Loeb and the other big banking firms in the United States refused to finance France or England to the extent of one dollar. They stood aside and they said: “As long as France and England are tied up with Russia, not one cent!” But they poured money into Germany, they fought with Germany against Russia, trying to lick the Czarist regime.

Now those same Jews, when they saw the possibility of getting Palestine, they went to England and they made this deal. At that time, everything changed, like the traffic light that changes from red to green. Where the newspapers had been all pro-German, where they’d been telling the people of the difficulties that Germany was having fighting Great Britain commercially and in other respects, all of a sudden the Germans were no good. They were villains. They were Huns. They were shooting Red Cross nurses. They were cutting off babies’ hands. And they were no good.

Well, shortly after that, Mr. Wilson declared war on Germany.

The Zionists in London sent these cables to the United States, to Justice Brandeis: “Go to work on President Wilson. We’re getting from England what we want. Now you go to work, and you go to work on President Wilson and get the United States into the war.” And that did happen. That’s how the United States got into the war. We had no more interest in it; we had no more right to be in it than we have to be on the moon tonight instead of in this room.

Now the war — World War One — in which the United States participated had absolutely no reason to be our war. We went in there — we were railroaded into it — if I can be vulgar, we were suckered into — that war merely so that the Zionists of the world could obtain Palestine. Now, that is something that the people in the United States have never been told. They never knew why we went into World War One. Now, what happened?

After we got into the war, the Zionists went to Great Britain and they said: “Well, we performed our part of the agreement. Let’s have something in writing that shows that you are going to keep your bargain and give us Palestine after you win the war.” Because they didn’t know whether the war would last another year or another ten years. So they started to work out a receipt. The receipt took the form of a letter, and it was worded in very cryptic language so that the world at large wouldn’t know what it was all about. And that was called the Balfour Declaration.

The Balfour Declaration was merely Great Britain’s promise to pay the Zionists what they had agreed upon as a consideration for getting the United States into the war. So this great Balfour Declaration, that you hear so much about, is just as phony as a three dollar bill. And I don’t think I could make it more emphatic than that.

Now, that is where all the trouble started. The United States went in the war. The United States crushed Germany. We went in there, and it’s history. You know what happened. Now, when the war was ended, and the Germans went to Paris, to the Paris Peace Conference in 1919, there were 117 Jews there, as a delegation representing the Jews, headed by Bernard Baruch. I was there: I ought to know. Now what happened?

The Jews at that peace conference, when they were cutting up Germany and parceling out Europe to all these nations that claimed a right to a certain part of European territory, the Jews said, “How about Palestine for us?” And they produced, for the first time to the knowledge of the Germans, this Balfour Declaration. So the Germans, for the first time realized, “Oh, that was the game! That’s why the United States came into the war.” And the Germans for the first time realized that they were defeated, they suffered this terrific reparation that was slapped onto them, because the Zionists wanted Palestine and they were determined to get it at any cost.

Now, that brings us to another very interesting point. When the Germans realized this, they naturally resented it. Up to that time, the Jews had never been better off in any country in the world than they had been in Germany.

You had Mr. Rathenau there, who was maybe 100 times as important in industry and finance as is Bernard Baruch in this country. You had Mr. Balin, who owned the two big steamship lines, the North German Lloyd’s and the Hamburg-American Lines. You had Mr. Bleichroder, who was the banker for the Hohenzollern family. You had the Warburgs in Hamburg, who were the big merchant bankers — the biggest in the world. The Jews were doing very well in Germany. No question about that. Now, the Germans felt: “Well, that was quite a sellout.”

It was a sellout that I can best compare — suppose the United States was at war today with the Soviet Union. And we were winning. And we told the Soviet Union: “Well, let’s quit. We offer you peace terms. Let’s forget the whole thing.” And all of a sudden Red China came into the war as an ally of the Soviet Union. And throwing them into the war brought about our defeat. A crushing defeat, with reparations the likes of which man’s imagination cannot encompass.

Imagine, then, after that defeat, if we found out that it was the Chinese in this country, our Chinese citizens, who all the time we thought they were loyal citizens working with us, were selling us out to the Soviet Union and that it was through them that Red China was brought into the war against us. How would we feel, in the United States against Chinese? I don’t think that one of them would dare show his face on any street. There wouldn’t be lampposts enough, convenient, to take care of them. Imagine how we would feel.

Well, that’s how the Germans felt towards these Jews. “We’ve been so nice to them”; and from 1905 on, when the first Communist revolution in Russia failed, and the Jews had to scramble out of Russia, they all went to Germany. And Germany gave them refuge. And they were treated very nicely. And here they sold Germany down the river for no reason at all other than they wanted Palestine as a so-called “Jewish commonwealth.”

Now, Nahum Sokolow — all the great leaders, the big names that you read about in connection with Zionism today — they, in 1919, 1920, ‘21, ‘22, and ‘23, they wrote in all their papers — and the press was filled with their statements — that “the feeling against the Jews in Germany is due to the fact that they realized that this great defeat was brought about by our intercession and bringing the United States into the war against them.”

The Jews themselves admitted that. It wasn’t that the Germans in 1919 discovered that a glass of Jewish blood tasted better than Coca-Cola or Muenschner Beer. There was no religious feeling. There was no sentiment against those people merely on account of their religious belief. It was all political. It was economic. It was anything but religious.

Nobody cared in Germany whether a Jew went home and pulled down the shades and said “Shema’ Yisrael” or “Our Father.” No one cared in Germany any more than they do in the United States. Now this feeling that developed later in Germany was due to one thing: that the Germans held the Jews responsible for their crushing defeat, for no reason at all, because World War One was started against Germany for no reason for which they [Germans] were responsible. They were guilty of nothing. Only of being successful. They built up a big navy. They built up world trade.

You must remember, Germany, at the time of Napoleon, at the time of the French Revolution, what was the German Reich consisted of 300 — three hundred! — small city-states, principalities, dukedoms, and so forth. Three hundred little separate political entities. And between that time, between the period of. . . between Napoleon and Bismarck, they were consolidated into one state. And within 50 years after that time they became one of the world’s great powers. Their navy was rivalling Great Britain’s, they were doing business all over the world, they could undersell anybody and make better products. And what happened? What happened as a result of that?

There was a conspiracy between England, France, and Russia that: “We must slap down Germany”, because there isn’t one historian in the world that can find a valid reason why those three countries decided to wipe Germany off the map politically. Now, what happened after that?

When Germany realized that the Jews were responsible for her defeat, they naturally resented it. But not a hair on the head of any Jew was harmed. Not a single hair. Professor Tansill, of Georgetown University, who had access to all the secret papers of the State Department, wrote in his book, and quoted from a State Department document written by Hugo Schoenfelt, a Jew who Cordell Hull sent to Europe in 1933 to investigate the so-called camps of political prisoners. And he wrote back that he found them in very fine condition.

They were in excellent shape; everybody treated well. And they were filled with Communists. Well, a lot of them were Jews, because the Jews happened to be maybe 98 per cent of the Communists in Europe at that time. And there were some priests there, and ministers, and labor leaders, Masons, and others who had international affiliations.

Now, the Jews sort of tried to keep the lid on this fact. They didn’t want the world to really understand that they had sold out Germany, and that the Germans resented that.

So they did take appropriate action against them [against the Jews]. They. . . shall I say, discriminated against them wherever they could? They shunned them. The same as we would the Chinese, or the Negroes, or the Catholics, or anyone in this country who had sold us out to an enemy and brought about our defeat.

Now, after a while, the Jews of the world didn’t know what to do, so they called a meeting in Amsterdam. Jews from every country in the world attended in July 1933. And they said to Germany: “You fire Hitler! And you put every Jew back into his former position, whether he was a Communist, no matter what he was. You can’t treat us that way! And we, the Jews of the world, are calling upon you, and serving this ultimatum upon you.” Well, the Germans told them. . . you can imagine. So what did they [the Jews] do?

They broke up, and Samuel Untermyer, if the name means anything to people here. . . (You want to ask a question? — Uh, there were no Communists in Germany at that time. they were called ‘Social Democrats.)

Well, I don’t want to go by what they were called. We’re now using English words, and what they were called in Germany is not very material. . . but they were Communists, because in 1917, the Communists took over Germany for a few days. Rosa Luxembourg and Karl Liebknecht, and a group of Jews in Germany took over the government for three days. In fact, when the Kaiser ended the war, he fled to Holland because he thought the Communists were going to take over Germany as they did Russia, and that he was going to meet the same fate that the Czar did in Russia. So he left and went to Holland for safety and for security.

Now, at that time, when the Communist threat in Germany was quashed, it was quiet, the Jews were working, still trying to get back into their former — their status — and the Germans fought them in every way they could, without hurting a hair on anyone’s head. The same as one group, the Prohibitionists, fought the people who were interested in liquor, and they didn’t fight one another with pistols, they did it every way they could.

Well, that’s the way they were fighting the Jews in Germany. And, at that time, mind you, there were 80 to 90 million Germans and there were only 460,000 Jews. . . less than one half of one percent of Germany were Jews. And yet, they controlled all of the press, they controlled most of the economy, because they had come in and with cheap money — you know the way the Mark was devalued — they bought up practically everything.

Well, in 1933 when Germany refused to surrender, mind you, to the World Conference of Jews in Amsterdam, they broke up and Mr. Untermeyer came back to the United States — who was the head of the American delegation and the president of the whole conference — and he went from the steamer to ABC and made a radio broadcast throughout the United States in which he said:

“The Jews of the world now declare a Holy War against Germany. We are now engaged in a sacred conflict against the Germans. And we are going to starve them into surrender. We are going to use a world-wide boycott against them, that will destroy them because they are dependent upon their export business.”

And it is a fact that two thirds of Germany’s food supply had to be imported, and it could only be imported with the proceeds of what they exported. Their labor. So if Germany could not export, two thirds of Germany’s population would have to starve. There just was not enough food for more than one third of the population.

Now in this declaration, which I have here, it was printed on page — a whole page — in the New York Times on August 7, 1933, Mr. Samuel Untermyer boldly stated that: “this economic boycott is our means of self-defense. President Roosevelt has advocated its use in the NRA” . [National Recovery Administration] — which some of you may remember, where everybody was to be boycotted unless they followed the rules laid down by the New Deal, which of course was declared unconstitutional by the Supreme Court at that time.

Nevertheless, the Jews of the world declared a boycott against Germany, and it was so effective that you couldn’t find one thing in any store anywhere in the world with the words “made in Germany” on it.

In fact, an executive of the Woolworth Company told me that they had to dump millions of dollars worth of crockery and dishes into the river; that their stores were boycotted. If anyone came in and found a dish marked “made in Germany,” they were picketed with signs: “Hitler”, “murderer”, and so forth, and like — something like these sit-ins that are taking place in the South.

R. H. Macy, which is controlled by a family called Strauss who also happen to be Jews. . . a woman found stockings there which came from Chemnitz, marked “made in Germany”. Well, they were cotton stockings. They may have been there 20 years, because since I’ve been observing women’s legs in the last twenty years, I haven’t seen a pair with cotton stockings on them. So Macy! I saw Macy boycotted, with hundreds of people walking around with signs saying “MURDERS” and “HITLERITES”, and so forth.

Now up to that time, not one hair on the head of any Jew had been hurt in Germany. There was no suffering, there was no starvation, there was no murder, there was nothing.

Now, that. . . naturally, the Germans said, “Why, who are these people to declare a boycott against us and throw all our people out of work, and our industries come to a standstill? Who are they to do that to us?” They naturally resented it. Certainly they painted swastikas on stores owned by Jews.

Why should a German go in and give their money to a storekeeper who was part of a boycott who was going to starve Germany into surrender into the Jews of the world, who were going to dictate who their premier or chancellor was to be? Well, it was ridiculous.

That continued for some time, and it wasn’t until 1938, when a young Jew from Poland walked into the German embassy in Paris and shot one of the officials [a German official] that the Germans really started to get rough with the Jews in Germany. And you found them then breaking windows and having street fights and so forth.

Now, for anyone to say that — I don’t like to use the word ‘anti-Semitism’ because it’s meaningless, but it means something to you still, so I’ll have to use it — the only reason that there was any feeling in Germany against Jews was that they were responsible: number one, for World War One; number two, for this world-wide boycott, and number three — did I say for World War One, they were responsible? For the boycott — and also for World War II, because after this thing got out of hand, it was absolutely necessary for the Jews and Germany to lock horns in a war to see which one was going to survive.

In the meanwhile, I had lived in Germany, and I knew that the Germans had decided [that] Europe is going to be Christian or Communist: there is no in between. It’s going to be Christian or it’s going to be Communist. And the Germans decided: “We’re going to keep it Christian if possible”. And they started to re-arm.

And there intention was — by that time the United States had recognized the Soviet Union, which they did in November, 1933 — the Soviet Union was becoming very powerful, and Germany realized: “Well, our turn is going to come soon, unless we are strong.” The same as we in this country are saying today, “Our turn is going to come soon, unless we are strong.”

And our government is spending 83 or 84 billion dollars of your money for defense, they say. Defense against whom? Defense against 40,000 little Jews in Moscow that took over Russia, and then, in their devious ways, took over control of many other governments of the world.

Now, for this country to now be on the verge of a Third World War, from which we cannot emerge a victor, is something that staggers my imagination. I know that nuclear bombs are measured in terms of megatons. A megaton is a term used to describe one million tons of TNT. One million tons of TNT is a megaton. Now, our nuclear bombs have a capacity of 10 megatons, or 10 million tons of TNT. That was when they were first developed five or six years ago. Now, the nuclear bombs that are being developed have a capacity of 200 megatons, and God knows how many megatons the nuclear bombs of the Soviet Union have.

So, what do we face now? If we trigger a world war that may develop into a nuclear war, humanity is finished. And why will it take place? It will take place because Act III. . . the curtain goes up on Act III. Act I was World War I. Act II was World War II. Act III is going to be World War III.

The Jews of the world, the Zionists and their co-religionists everywhere, are determined that they are going to again use the United States to help them permanently retain Palestine as their foothold for their world government. Now, that is just as true as I am standing here, because not alone have I read it, but many here have read it, and it’s known all over the world.

Now, what are we going to do? The life you save may be your son’s. Your boys may be on their way to that war tonight; and you you don’t know it any more than you knew that in 1916 in London the Zionists made a deal with the British War Cabinet to send your sons to war in Europe. Did you know it at that time? Not a person in the United States knew it. You weren’t permitted to know it.

Who knew it? President Wilson knew it. Colonel House knew it. Other ’s knew it. Did I know it? I had a pretty good idea of what was going on: I was liaison to Henry Morgenthau, Sr., in the 1912 campaign when President Wilson was elected, and there was talk around the office there.

I was ‘confidential man’ to Henry Morgenthau, Sr., who was chairman of the Finance Committee, and I was liaison between him and Rollo Wells, the treasurer. So I sat in these meetings with President Wilson at the head of the table, and all the others, and I heard them drum into President Wilson’s brain the graduated income tax and what has become the Federal Reserve, and also indoctrinate him with the Zionist movement.

Justice Brandeis and President Wilson were just as close as the two fingers on this hand, and President Woodrow Wilson was just as incompetent when it came to determining what was going on as a newborn baby. And that’s how they got us into World War I, while we all slept.

Now, at this moment… at this moment they may be planning this World War III, in which we don’t stand a chance even if they don’t use nuclear bombs. How can the United States — about five percent of the world — go out and fight eighty to ninety percent of the world on their home ground? How can we do it… send our boys over there to be slaughtered? For what? So the Jews can have Palestine as their ‘commonwealth’? They’ve fooled you so much that you don’t know whether you’re coming or going.

Now any judge, when he charges a jury, says, “Gentlemen, any witness that you find has told a single lie, you can disregard all his testimony.” That is correct. I don’t know from what state you come, but in New York state that is the way a judge addresses a jury. If that witness said one lie, disregard his testimony.

Now, what are the facts about the Jews?

The Jews — I call them Jews to you, because they are known as Jews. I don’t call them Jews. I refer to them as so-called Jews, because I know what they are. If Jesus was a Jew, there isn’t a Jew in the world today, and if those people are Jews, certainly our Lord and Savior was not one of them, and I can prove that.

Now what happened? The eastern European Jews, who form 92 per cent of the world’s population of those people who call themselves Jews, were originally Khazars.

They were a warlike tribe that lived deep in the heart of Asia. And they were so warlike that even the Asiatics drove them out of Asia into eastern Europe — and to reduce this so you don’t get too confused about the history of Eastern Europe — they set up this big Khazar kingdom: 800,000 square miles. Only, there was no Russia, there were no other countries, and the Khazar kingdom was the biggest country in all Europe — so big and so powerful that when the other monarchs wanted to go to war, the Khazars would lend them 40,000 soldiers. That’s how big and powerful they were.

Now, they were phallic worshippers, which is filthy. I don’t want to go into the details of that now. It was their religion the way it was the religion of many other Pagans or Barbarians elsewhere in the world.

Now, the [Khazar] king became so disgusted with the degeneracy of his kingdom that he decided to adopt a so-called monotheistic faith — either Christianity, Islam — the Moslem faith — or what is known today as Judaism — really Talmudism. So, like spinning a top and calling out “eeny, meeny, miney, moe,” he picked out so-called Judaism. And that became the state religion.

He sent down to the Talmudic schools of Pumbedita and Sura and brought up thousands of these rabbis with their teachings, and opened up synagogues and schools in his kingdom of 800,000 people — 800,000 thousand square miles — and maybe ten to twenty million people; and they became what we call Jews. There wasn’t one of them that had an ancestor that ever put a toe in the Holy Land, not only in Old Testament history, but back to the beginning of time. Not one of them! And yet they come to the Christians and they ask us to support their armed insurrection in Palestine by saying:

“Well, you want to certainly help repatriate God’s chosen people to their Promised Land, their ancestral homeland, It’s your Christian duty. We gave you one of our boys as your Lord and Savior. You now go to church on Sunday, and kneel and you worship a Jew, and we’re Jews.”

Well, they were pagan Khazars who were converted just the same as the Irish [were converted]. And it’s just as ridiculous to call them “people of the Holy Land,” as it would be. . . there are 54 million Chinese Moslems. Fifty four million! And, Mohammed only died in 620 A.D., so in that time, 54 million Chinese have accepted Islam as their religious belief.

Now imagine, in China, 2,000 miles away from Arabia, where the city of Mecca is located, where Mohammed was born. . . imagine if the 54 million Chinese called themselves ‘Arabs’. Imagine! Why, you’d say they’re lunatics. Anyone who believes that those 54 million Chinese are Arabs must be crazy. All they did was adopt as a religious faith; a belief that had its origin in Mecca, in Arabia.

The same as the Irish. When the Irish became Christians, nobody dumped them in the ocean and imported from the Holy Land a new crop of inhabitants that were Christians. They weren’t different people. They were the same people, but they had accepted Christianity as a religious faith.

Now, these Pagans, these Asiatics, these Turko-Finns. . . they were a Mongoloid race who were forced out of Asia into eastern Europe. They likewise, because their king took the faith — Talmudic faith — they had no choice. Just the same as in Spain: If the king was Catholic, everybody had to be a Catholic. If not, you had to get out of Spain. So everybody — they lived on the land just like the trees and the bushes; a human being belonged to the land under their feudal system — so they [Khazars] all became what we call today, Jews!

Now imagine how silly it was for the Christians. . . for the great Christian countries of the world to say, “We’re going to use our power, our prestige to repatriate God’s chosen people to their ancestral homeland, their Promised Land.”

Now, could there be a bigger lie than that? Could there be a bigger lie than that?

And because they control the newspapers, the magazines, the radio, the television, the book publishing business, they have the ministers in the pulpit, they have the politicians on the soap boxes talking the same language . . . so naturally you’d believe black is white if you heard it often enough. You wouldn’t call black black anymore — you’d start to call black white. And nobody could blame you.

Now, that is one of the great lies. . . that is the foundation of all the misery that has befallen the world. Because after two wars fought in Europe — World War I and World War II — if it wasn’t possible for them to live in peace and harmony with the people in Europe, like their brethren are living in the United States, what were the two wars fought for? Did they have to — like you flush the toilet — because they couldn’t get along, did they have to say, “Well, we’re going back to our homeland and you Christians can help us”?

I can’t understand yet how the Christians in Europe could have been that dumb because every theologian, every history teacher, knew the things that I’m telling you. But, they naturally bribed them, shut them up with money, stuffed their mouths with money, and now. . . I don’t care whether you know all this or not. It doesn’t make any difference to me whether you know all these facts or not, but it does make a difference to me. I’ve got, in my family, boys that will have to be in the next war, and I don’t want them to go and fight and die… like they died in Korea. Like they died in Japan. Like they’ve died all over the world. For what?

To help crooks hold on to what they stole from innocent people who had been in peaceful possession of that land, those farms, those homes for hundreds and maybe thousands of years? Is that why the United States must go to war? Because the Democratic Party wants New York State — the electoral vote? Illinois, the electoral vote? And Pennsylvania, the electoral vote?… which are controlled by the Zionists and their co-religionists?. . . the balance of power?

In New York City there are 400,000 members of the liberal party, all Zionists and their co-religionists. And New York State went for Kennedy by 400,000 votes. Now, I don’t blame Mr. Kennedy. I’m fond of Mr. Kennedy. I think he’s a great man. I think he can really pull us out of this trouble if we get the facts to him. And I believe he knows a great deal more than his appointments indicate he knows. He’s playing with the enemy. Like when you go fishing, you’ve got to play with the fish. Let ‘em out and pull ‘em in. Let ‘em out and pull ‘em in. But knowing Mr. Kennedy’s father, and how well informed he is on this whole subject, and how close Kennedy is to his father, I don’t think Mr. Kennedy is totally in the dark.

But I do think that it is the duty of every mother, every loyal Christian , every person that regards the defense of this country as a sacred right, that they communicate — not with their congressman, not with their senator, but with President Kennedy. And tell him, “I do not think you should send my boy, or our boys, wearing the uniform of the United States of America, and under the flag that you see here, our red, white and blue, to fight there to help keep in the hands of these that which they have stolen”. I think everyone should not alone write once, but keep writing and get your friends to write.

Now, I could go on endlessly, and tell you these things to support what I have just asked you to do. But I don’t think it’s necessary to do that. You’re above the average group in intelligence and I don’t think it’s necessary to impress this any more.

But. . . I want to tell you one more thing. You talk about… “Oh, the Jews. Why the Jews? Christianity. Why, we got Christianity from the Jews and the Jews gave us Jesus, and the Jews gave us our religion”. But do you know that on the day of atonement that you think is so sacred to them, that on that day… and I was one of them! This is not hearsay. I’m not here to be a rabble-rouser. I’m here to give you facts.

When, on the Day of Atonement, you walk into a synagogue, the very first prayer that you recite, you stand — and it’s the only prayer for which you stand — and you repeat three times a short prayer. The Kol Nidre. In that prayer, you enter into an agreement with God Almighty that any oath, vow, or pledge that you may make during the next twelve months — any oath, vow or pledge that you may take during the next twelve months shall be null and void.

The oath shall not be an oath; the vow shall not be a vow; the pledge shall not be a pledge. They shall have no force and effect, and so forth and so on.

And further than that, the Talmud teaches: “Don’t forget — whenever you take an oath, vow, and pledge — remember the Kol Nidre prayer that you recited on the Day of Atonement, and that exempts you from fulfilling that”.

How much can you depend on their loyalty? You can depend upon their loyalty as much as the Germans depended upon it in 1916.

And we’re going to suffer the same fate as Germany suffered, and for the same reason. You can’t depend upon something as insecure as the leadership that is not obliged to respect an oath, vow or pledge. Now I could go on and recite many other things to you, but I would have a little respect for your time, and you want to really, uh, get through with all of this. Tomorrow’s going to be a long day.

Now I want to say one thing. You ask me. . . well, you think to yourself: “well how did this fellow get mixed up in this the way he got mixed up in it.” Well, I opened my mouth in 1945, and I took big pages in newspapers and tried to tell the American people what I’m telling you. And one newspaper after another refused the advertisement. And when I couldn’t find a newspaper to take them — I paid cash, not credit — what happened? My lawyer told me, “There’s an editor over in Jersey with a paper who will take your announcement”. So, I was brought together with Mr. McGinley, and that’s how I met him.

So somebody told me the lawyer who introduced me, who was the son of the Dean of the Methodist Bishop, he said: “Well, I think he’s a little anti-Semitic. I don’t know whether I can get him over here. So he brought him over to my apartment and we hit it off wonderfully, and have since then.

Now, I say this, and I say it without any qualifications. I say it without any reservations. And I say it without any hesitation. . . if it wasn’t for the work that Mr. Conley McGinley did with “Common Sense” — he’s been sending out from 1,800,000 to 2,000,000 every year — if it wasn’t for the work he’s been doing sending those out for fifteen years now, we would already be a communist country. Nobody has done what he did to light fires. Many of the other active persons in this fight learned all about if for the first time through “Common Sense”.

Now, I have been very active in helping him all I could. I’m not as flush as I was. I cannot go on spending the money. . . I’m not going to take up a collection. Don’t worry. I see five people getting up to leave. (laughter)

I haven’t got the money that I used to spend. I used to print a quarter of a million of them out of my own pocket and send them out. Mr. McGinley, when I first met him, had maybe 5,000 printed and circulated them locally. So I said, “With what you know and what I know, we can really do a good job”. So I started printing in outside shops of big newspaper companies, a quarter of a million, and paid for them. Well, there’s always a bottom to the barrel. I suppose we’ve all reached that at times.

I’m not so poor that I can’t live without working and that’s what worries the Anti-Defamation League. I can just get by without going and asking for a job or getting on the bread line. But Mr. McGinley is working. He’s sick and he’s going at this stronger than ever. And all I want to say is that they want to close up “Common Sense” more than any other single thing in the whole world, as a death-blow to the fight Christians are making to survive.

So I just want to tell you this. All they do is circulate rumors: “Mr. Benjamin H. Freedman is the wealthy backer of ‘Common Sense’.” The reason they do that is to discourage the people in the United States: don’t send any money to Common Sense. They don’t need it. The’ve got the wealthy Mr. Freedman as a backer. That all has strategy. They don’t want to advertise me so that people that have real estate or securities to sell will come and call on me. They just want people to lay off “Common Sense”. And all I’m telling you is, I do try to help him, but I haven’t been able to. And I will be very honest. One thing I won’t do is lie. In the last year I’ve had so much sickness in my family that I could not give him one dollar.

How he’s managed to survive, I don’t know. God alone knows. And he must be in God’s care because how he’s pulled through his sickness and with his financial troubles, I don’t know. But that press is working. . . and every two weeks about a hundred or a hundred-fifty-thousand of “Common Sense” go out with a new message. And if that information could be multiplied. . . if people that now get it could buy ten or twenty five, or fifty, give them around. Plow that field. Sow those seeds, you don’t know which will take root, but for God’s sake, this is our last chance.

[Freedman then discusses the importance of people forgoing unnecessary purchases to 'buy more stuff', play golf, etc., and use the money to keep "Common Sense" going. He explains that the paper is going in debt; could be closed down and he (Freedman) no longer has the funds, having spent some $2,400,000 in his attempt to bring the information to the American public and elected officials. He then asks for questions from the audience.)

For more on this article, please click on the following link: A Jewish Defector Warns America: Benjamin Freedman Speaks: Daily.pk