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There is a very interesting article in The Weekly Standard by Stephen Schwartz called The Balkan Front, describing the struggle between Saudi backed Wahhabi Islam and the very moderate Bektashis and Rumi Sufi traditions in various parts of the Balkans.
These are forms of Islam antithetical to the Wahhabis, and they are in the majority in places like Bosnia-Herzegovina (I have gotten drunk with enough Bosnians to know). Supporting them politically, financially and militarily, plus encouraging them to evangelise in areas infested by the Wahhabi pestilence, is surely a strategic move that should be supported by anyone who sees the spread of intolerant radical Islam as one of the major threats to civilisation in the world today.
This is a subject on which the Serbian, Bosnian and Albanian governments, not to mention peoples, should be making common cause. It is in the interests of everyone who wants stability in the Balkans to oppose the presence of corrosive Wahhabi Islam and the Islamo-fascist politics that come with it. Tolerating Saudi money flooding into the region is like someone prone to cancer smoking cigarettes but given the areas fratricidal recent past, perhaps the malign Saudis can do a service by providing the Balkans’ fractious factions with something long needed: a legitimate and loathsome common enemy.
Rather like the current mania for ‘socially responsible investment’ (not investing in ‘sinful’ industries), and carbon emissions trading, another strong trend in the financial world these days is sharia-compliant finance. There are sharia-focused hedge funds (I kid you not), sharia bonds, sharia companies. It all boils down to how devout Muslims who want to raise finance or invest in business can do so while negotiating the complexities of their religious code and its ban on usury.
On one level, I have no quarrel with any of this so long as no coercion is involved and there might even be unintended benefits. If the capital markets can make it possible for people to live their lives in ways they feel ethically comfortable with, then that surely demonstrates the enormous flexibility and benefits of the market (it is as well to remember that anti-capitalist ideologies, be they religious or secular, rarely return the compliment in this way). Of course, in as much as sharia financing does screen out interest on loans, one suspects that the returns on such investments must logically lag behind those of regular capitalist activity, if certain money-making practices are deemed off-limits but then if Muslims wish to surrender some money to comply with their own beliefs, they are entitled to do so, just as environmentalists sacrifice some returns by refusing to put money into businesses such as oil or whatever.
I cannot help but feel there is something rather rum about all this sharia financial wheeler-dealing. Many of the financial instruments that are used for the purposes of sharia-compliant finance look awfully similar to regular capitalism to me. In fact, it is hard to see what is really the difference on ethical grounds between speculating on certain types of assets, such as gold, and lending money to a company in the hope that the firm will profit and repay the interest. It strikes me as being the financial equivalent of splitting hairs.
I also suspect, as this article at Bloomberg lays out, that a lot of people putting themselves around as sharia ‘experts’ are making a huge amount of money out of this trend and yet their motives appear in some ways to be as ‘selfish’ as that of any regular capitalist, not that I have a problem with the honest pursuit of long-term self interest, quite the opposite.
The moral prejudice against usury always struck me as irrational. Here is a good piece on the subject.
I wish I understood Turkish politics better than I do. There was a large pro-secularism rally in Ankara, which is surely a good thing. The fact these people are backed by the army is an even more encouraging sign.
On Friday evening military chiefs said in a statement they could intervene if the election process threatened to undermine Turkish secularism.
EU politics however, I understand just fine. The usual halfwits have moaned that the Turkish army is interfering with democracy because they made it clear they will not tolerate Turkey becoming an Islamic state. Yet strangely all manner of constitutional limitations on the democratic will of the majority exist in many countries (the USA and Switzerland, for example) and yet that does not seem to attract the displeasure of the fools who live off our tax money in Brussels.
In Turkey, the army is probably the best bulwark against Islamism and the fact the same €uro-spokesmen allegedly responsible for working towards integrating Turkey with the EU want to weaken the role of the main opponent of Islamist political aspirations in the country is… astonishing.
It is all so clear to me now and I must say that I feel like such a fool for having been so taken in by the pantomime of ‘co-operation’ that was put on by our 15 naval personnel for the benefit of their Iranian captors and the wider world. Yes, I use the word ‘pantomime’ because what we all perceived to be a humiliating milquetoast submission was, in fact, a mere ploy to disguise a fiendishly brilliant plan to kill all the Iranian Guards by means of death from dehydration as a result of relentless and uncontrollable vomiting:
That was the last time Arthur saw Faye for six days as they were both put in solitary. Guards tried to make Faye crack by cruelly telling her she was the last of the 15 being held captive.
But, speaking of the moment they were reunited, he told how he wept and begged the 26-year-old for a hug. Arthur said: “I missed Topsy most of all. I really love her, as amumand a big sister. Not seeing her and not knowing if she was safe was one of the hardest parts of the whole thing.
“Then on the sixth day, when I was just about giving up hope, I was pulled from my bed in the early hours of the morning.
“They led me down a corridor and into a room, where I saw Topsy in a corner.
“I can’t describe how that felt…just every emotion rolled into one. I ran up to her, threw my arms round her and cried like a baby.
“When I’d calmed down, she asked, ‘Do you need another hug, a mother hug?’ and I said, ‘damn right’. She was just as pleased to see me because they’d told her I’d been sent home.
“Topsy said she’d always be there for me, to protect me and look after me.
Here endeth the lesson, Ahmedinejad. Those Iranian johnnies will never again make the mistake of underestimating the heroic professionalism and grim resolve of the Royal Navy.
Iran can called for the UK government to make a ‘goodwill gesture’ towards Iran in return for them freeing the fifteen naval personnel they abducted in Iraqi waters. This is entirely reasonable and the UK should respond by promising that if the Iranian government will keep control of the Pasdaran (a military organisation that relates to the regular Iranian military in a similar way to which the SA or SS related to the Wehrmacht), the UKGov will make sure that ‘rogue elements’ of the Royal Navy do not mine Iranian harbours or start torpedoing Iranian shipping.
Of course as Iranian weapons keep finding their way into Basra and killing British soldiers, perhaps a different sort of exchange is really needed. After all, as there are no shortage of internal opponents to the Iranian regime, surely it is well past time that UK weapons started turning up in the hands of Iranian anti-government elements as well… think of it as another way of furthering globalisation and international trade.
The author of an article I read this morning wonders if the approach of the USS Nimitz Forced Iran’s Decision to release the British hostages. It is an interesting read but I can personally neither confirm nor deny the truth of it.
I do not think the regime in Iran is going to have a long life. Between their economic problems and falling birth rates they have serious problems, ones which a theocracy with delusions of grandeur will simply not be able to deal with.
Following the release of the 15 British sailors from Iranian captivity, the Prime Minister Tony Blair has issued the following statement:
“I am sure that I speak for everyone when I say how delighted I am that the Iranian goverment has released our 15 naval service personnel. This has obviously been a traumatic ordeal for all of them and their families and an extremely trying and difficult time for everyone else in involved in this unfortunate episode. Thankfully, common sense and cooler heads have prevailed. I must, however, make it categorically clear that we did not, nor would we ever, make any concessions, strike any bargains or agree any deals in order to secure their release. It is the unwavering policy of Her Majesty’s government to stand firm in the face of threats and to strenuously resist any attempts at blackmail or intimidation of any kind. That said, all that remains for me to do is join in with the rest of the nation in offering up our prayers and thanks to merciful Allah and his last prophet Mohammed, peace be upon him. Thank you.”
There is a sense of familiarity to all of this. Iran, hostages, Mahmoud Ahmadinejad… Perhaps Mahmoud has reached the point in his life where reality has diverged so far from his youthful dreams that he must resort to the reliving of fond memories. True, there was no easy way to collect a group of American diplomats for real fun, but hey, a bunch of young British sailors? Why not?
Let us never forget who this man is and what he represents. Some American diplomats still remember his face from their long ordeal in Iran almost 30 years ago.
One problem for Mahmy this time around is the lack of a Jimmy Carter. Jimmy certainly has to be in the running for the worst President the United States has ever had. I do not think Tony Blair, whatever else you may think of him, is an incompetent fool. Neither he nor heir apparent Gordon will deal with this blatant kidnapping in such a way as to damage their political prospects for the next election.
Even if they manage to make a total bollocks of this hostage crisis and turn the public against them… David Cameron is no Ronald Reagan.
On the one hand, she could be deliberately downplaying expectations:
Hopes for the imminent release of 15 sailors and Royal Marines held in Iran were dampened yesterday when Margaret Beckett, the Foreign Secretary, urged “caution” over the chances of a swift end to the crisis.
But, and on the other hand, I am reluctant to give this woman credit for any degree of calculation that is not immediately connected to the furtherance of her own career. Let’s just say that nobody seems to have any idea as to how long our hijacked naval personnel will have to continue celebrating Iranian culture. That leaves us only with speculation.
So, who thinks that the RN personnel will be released:
A. Before the end of this month?
B. Before the end of this year?
C. Within 2 years?
D. Within 5 years?
E. Within 10 years?
F. Within 20 years?
G. Never?
Movies have consequences:
“Iranian commentators are mainly angry, defending Iran’s action,” the e-mail said. “The reason for that is a) UK does not have a good/positive history in Iran b) Persians have been treated badly by Westerners e.g. in the movie 300 or referring to Persian Gulf as simply Gulf or Arabian Gulf, so now having the poor young sailors captivated by Iran, many Iranians feel proud!!!!!!”
Now what are the chances of Ahmedinejad changing his name to Xerxes?
It was deplorable that the woman hostage should be shown smoking. This sends completely the wrong message to our young people.
– Patricia Hewitt denounces Iranian treatment of a member of the fifteen captured British navy personnel. Is there a more perfect illustration of the misplaced priorities of Blair’s Britain?
(Via Tim Blair, who notes “as always with such a blindingly stupid quote, be alert to the possibility it’s too stupid to be true.” Perhaps regular Hewitt-watchers would not see the need for such caution.)
Whatever you may be doing this weekend, whether it’s playing a few rounds of golf or taking a trip to the seaside or pruning your rose bushes, let us help you to set the mood and deepen your sense of tranquility and peace with this admirably tolerant, progressive and diversity celebrating video.
Relax and enjoy!
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We are also a varied group made up of social individualists, classical liberals, whigs, libertarians, extropians, futurists, ‘Porcupines’, Karl Popper fetishists, recovering neo-conservatives, crazed Ayn Rand worshipers, over-caffeinated Virginia Postrel devotees, witty Frédéric Bastiat wannabes, cypherpunks, minarchists, kritarchists and wild-eyed anarcho-capitalists from Britain, North America, Australia and Europe.
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