NEWS SUMMARIES

Justice: For Arabs Only?, FrontPageMagazine.com, Gerald A. Honigman

Off-shore drilling can reduce gas prices, SperoNews, Ben Lieberman

Dinars for Dollars: Arabs Buying Out Collapsing Western Banks,
Arutz-7, Tzvi Ben Gedalyahu

Justice: For Arabs Only?
Gerald A. HonigmanFrontPageMagazine.com, April 14, 2005

Well, the day has finally arrived. I now find myself in agreement with the Secretary General of the Arab League. Recently, at the end of the Arab League Summit, Amr Mussa declared that peace could not arrive until there was withdrawal from occupied territories, the creation of another state, and the return of refugees.He's basically correct. Except he has a few details mixed up.

Native Copts in Egyptmillions of themhad their country overrun by conquering, settling, subjugating, and occupying Arabs.To this day, they never know when the next murder will occur, the next church will be burned down. They have learned that to survive they must consent to the forced Arabization process.

Their leaders have even written that for Israel to 'get along,' it too must consent to a variation of this. Pretty pathetic. Uncle Butros instead of Uncle Tombut the same breed, if you know what I mean. Just imagine the world-wide outcry if Israel's Jews did this sort of thing to Israeli Arabs.

The majority Berber population of North Africa saw its lands overrun as well over the past centuries by conquering, settling, and subjugating Arab hordes creating Arab empires. Imperialism is evidently only nasty when non-Arabs indulge in it. Berbers who dared to insist on keeping their own pre-Arab language and culture have been murdered for trying to do so. A look at any number of websites dealing with Berbers on these subjects will be revealing indeed....

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Off-shore drilling can reduce gas pricesBen
LiebermanSperoNews, July 15, 2008

Washington must do something about the increasing price of gasoline, now topping $4 per gallon. One important step would be to tap our own supplies of oil. Yet for decades, overlapping congressional and presidential restrictions on drilling for energy in the Outer Continental Shelf (OCS) have stood in the way of lower prices for oil and natural gas.

The President took a positive step today by rescinding the executive moratorium on exploration and production in American waters. However, Congress still needs to act in order to make this oil available.

Congressional Restrictions on DrillingMany of America's offshore areas are off-limits to energy production. Beginning in 1982, Congress restricted more and more offshore areas through annual Department of the Interior (DOI) appropriations. The DOI has authority over the OCS, which includes most areas more than three miles offshore. Through this annual process, Congress chose to deny DOI the funding necessary to conduct leasing of new offshore areas to oil and natural gas companies.

These off-limits areas comprise 85 percent of the OCSalmost everywhere except the central and western Gulf of Mexicoand the congressional moratoria have become a standard feature of each year's DOI appropriations bill. Until recent years, these restrictions were easily renewed with little controversy, but with the dramatic rise in oil and natural gas prices, as well as the desire to reduce oil imports from unfriendly foreign countries, there have been several legislative efforts to roll them back. Thus far, none of these efforts has been successful....

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Dinars for Dollars: Arabs Buying Out Collapsing Western BanksTzvi Ben GedalyahuArutz-7, July 18, 2008

..."The possibility remains that more Arab white knights will be sought to rescue ailing financial institutions," wrote Dr. Mohammed Ramady, a former banker and Visiting Associate Professor at the King Fahd University of Petroleum and Minerals in the Financial Adviser magazine.

He said he fears that Arab investors will end up chasing their investments with more money to keep them from going under.

The Abu Dhabi Investment Council of the oil-rich United Arab Emirates kingdom of Abu Dhabi last November announced it was bailing out the mammoth Citibank financial institution, formerly headed by Bank of Israel Governor Prof. Stanley Fischer, with $7.5 billion.

Next in line was Britain's Barclay's Bank, which raised $9 billion from investors in the oil-rich kingdom of Qatar and in Asian countries. The Abu Dhabi Investment Council last month forked out approximately $800 million for a 75 percent stake in New York City's 1,046-foot-tall Chrysler Building, which was the world's tallest building for a year until the Empire State Building surpassed it in the 1930's.

The purchase of American banks by foreigners has been blocked in the past by security and political considerations, but the barriers have come down, wrote Dr. Ramady. "How long this lasts is only a matter of guesswork, as once again, the specter of foreign takeovers of 'national' symbols will be hard to accept," he added....

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