When Politics Stinks Like A Decayed Fish, part V,

  Revisiting The Taxing And the Interest Rate Systems Is A MUST

By Ali Al-Hail

ccun.org, November 7, 2008

 
   Many argue that, the West has run out of ideas. An aspect of such an argument, may lie in an 'ethical bankruptcy.' This part of the article, focuses on capitalism's economics, as a facet of this presumably, argued 'ethical bankruptcy', which has conceivably, led after decades of application, to what has become to be known, these days, as 'the financial crisis'.
 
   Perhaps, the West needs, in the midst of such an economic mess, another Orson Wells, with something similar to his 1933's radio Play "Invasion From Mars", to awaken the West, on the inevitability of totally, changing the way, it has been running its economy.
 
   If one assumes that, economy is the broader umbrella, under which trade, commerce, and finance come, the West, both internally, and abroad, has been carrying out these activities quite unfairly, to say the least. One presumes, as do many that, fundamentally, two factors, have brought the West's economy down virtually, to its knees.
 
   First; was the accumulated interests, generated from the poor by the rich, taking advantage of their desperate needs. Second; the taxes, of which most don't make sense, and do not appeal to taxpayers, but, they have no option, not to pay them.
 
   As for the latter point, for example, the governments of U.S.A. and U.K. in particular, didn't run a referendum amongst taxpayers, to find out whether they would agree to the invasion, and launching wars on Afghanistan, and Iraq with the taxpayers' money. Now, the two wars have, so far wasted just under $ 5 trillion, in the wars on both countries since October, 2001, for reasons that, have become to be known to nearly, everybody as false, and poke of sheer lies.
 
   As a result, the West, ought to (if not must), give up its observable arrogance, and begin to consider studying God's legislation, as regard to how to run an economy, (had they wished to do so.) This is the real reform, which the Asian-European gathering (ASEM) in xinhua\China, during September, this year, were too hesitant to address.
 
   The European, especially, perceivably, muddled to find out an exit of this recurrent, and painful financial crisis, without admitting that, the accumulated interests, and the taxing system in the U.S.A. and Europe, were behind the crisis. Allah, Almighty God, calls accumulated interests', and the taxes' conduct, as "consuming the people's money illicitly." (Holy Qur'an 4:161.)
 
Professor, Dr. Ali Al-Hail, Professor of Mass Communication, Twice Fulbright

Award Winner, Fulbright Visiting Scholar, Vice-President Of Qatar Fulbright Group, CSR Award Judge and Board Member of AUSACE, ASC, IABD, NEBAA, BEA, IMDA and EAJMC American Associations.

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