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The ‘Genocidal War’ Waged in Tigray is Fraying Ethiopia’s Finances | የትግራዩ የዘር ማጥፋት ጦርነት ኢትዮጵያን አራቆታት

Posted by addisethiopia / አዲስ ኢትዮጵያ on July 19, 2021

Architect of the Dam, Meles Zenawi

Back in 2012 PM Meles Zenawi needed $4.8 billion to build The Grand Ethiopian Renaissance Dam. 2017 was the dam’s scheduled completion date

Seller of the Dam, Abiy Ahmed Ali.

And then came the evil PM Abiy Ahmed Ali in 2018.

The first thing he did was, to travel to Egypt – to swear to Allah before the Egyptian people that he will not hurt Egypt’s share of the Nile.

I swear to Allah, we will never harm you,” Ahmed repeated the words in Arabic after Egypt president Al-Sisi, who thanked him.

😈 Upon his return to Addis Ababa, on July 26 2018, Abiy Ahmed murdered the chief engineer of the Grand Ethiopian Renaissance Dam project Simegnew Bekele.

😈Abiy Ahmed Ali sold the dam to Egypt and his Arab Babysitters.

He started the cold war against Tigray in March 2018, and the hot war in November 2020 in a well-coordinated manner with Isaiah Afewerki, the UAE & Somalia following the Road map given to him by his Luciferian guardians. In addition to massacring more than 200,000 Tigrayans, he has spent $ 4.8 billion in the #TigrayGenocide. He would/ must have spent that money instead on the Renaissance Dam.

🔥 Three years earlier, on this very day of July 26, 2015, President Barack Hussein Obama became the 1st sitting US President to visit Ethiopia. Upon his arrival at the Bole airport, a rainbow – that we know from The Blue Nile ‘Tiss Esat’ water falls — had appeared over Addis Sky.

💭 We don’t know the exact day of Premier Meles Zenawi’s death – may he have already died on 26 July while undergoing treatment in Belgium?

💭 May 18, 2012, President Obama invited three African leaders – President John Evans Atta Mills of Ghana, Prime Minister Meles Zenawi of Ethiopia and President Jakaya Kikwete of Tanzania at the G8 Meeting to address a symposium on global agriculture and food security. (Population Control).

💭 On July 16, 2012 the Muslim brotherhood Egyptian President Mohammed Morsi visited Addis Ababa and met with His Holiness Abune Paulos, Patriarch of the Ethiopian Orthodox Church.

President Atta Mills of Ghana died on July 24, 2012

Prime Minister Meles Zenawi of Ethiopia died on 20 August, probably on July 26, 2012

His Holiness, Abune Paulos, Patriarch and Catholicos of the Ethiopian Orthodox Tewahedo Church and Archbishop of Axum and Ichege of the See of Saint Teklehaimanot, fell asleep in the Lord in Addis Ababa, Ethiopia, on August 16, 2012

President of Egypt Mohamed Morsi, died on June 17, 2019.

First The Patriarch, and then The Prime Minster. Coincidence? I don’t think so!

Mohamed Morsi knew something about the death of The Patriarch & The Prime Minster – so they have to get rid of him.

Archangel Michael, The Prince of Light and Defender of God’s will, certainly knows what’s going on – and I think President Barack Hussein Obama + President Mohamed Morsi + Billionaire Saudi-Ethiopian tycoon Mohammed al-Amoudi + The designated (by Obama’s CIA) shadow PM Abiy Ahmed Ali had conspired to murder Patriarch Paulos and Premier Meles Zenawi.

የግድቡ አርክቴክት መለስ ዜናዊ።

..አ በ 2012 .ም ላይ ጠ / ሚ መለስ ዜናዊ የታላቁን የኢትዮጵያ ህዳሴ ግድብ ለመገንባት4.8 ቢሊዮን ዶላር ፈለጉ። ግድቡ ይጠናቀቃል ተብሎ የታሰበው በ 2017 .ም ነበር።

የግድቡ ሻጭ ፣ አብይ አህመድ አሊ ፡፡

ከዚያም እ.አ.አ በ2012 ዓ.ም በእነ ኦባማ ሲ.አይ.ኤ የተመለመለው ክፉው ጠ / ሚ አብይ አህመድ አሊ እ.ኤ.አ. በ 2018 ዓ.ም ሥልጣን ላይ ወጣ

እሱ ያደረገው የመጀመሪያው ነገር ወደ ግብፅ መጓዝ ነበር ፥ እዚያም የግብፅን የአባይ ወንዝ ውሃ ድርሻ እንደማይጎዳ በግብፅ ህዝብ ፊት ለአላህ ስም እንዲህ ሲል ማለ፤ “በአላህ እምላለሁ በጭራሽ የግብጽን ጥቅም አንጎዳም፤ ወላሂ! ወላሂ! ወላሂ!” በማለት በአረብኛ ቃላቱን እየደጋገማቸው፡፡ የግብፁ ፕሬዝዳንት አልሲሲም የግራኝ አህመድን መሃላ ከምስጋና ጋር ተቀበሉት።

😈 ግራኝ አብዮት አህመድ ወደ አዲስ አበባ ሲመለስ ሐምሌ 26 ቀን የታላቁ የኢትዮጵያ ህዳሴ ግድብ ፕሮጀክት ዋና መሐንዲስ የሆነውን አቶ ስመኘው በቀለን ገድሎ ወደ መስቀል አደባባይ ወሰደው፡፡

😈 ከሃዲው አቢይ አህመድ አሊ ግድቡን ለግብፅ እና ለአረብ ሞግዚቶቹ ሸጦታል።

... በኖቬምበር 2020 በትግራይ ላይ ጦርነት የጀመረው የሉሲፈራውያኑ ሞግዚቶቹን ፍኖተ ካርታ ተከትሎ ነው፤ ከኢሳያስ አፈወርቂ ጋር በደንብ በተቀነባበረ መልክ፡፡ ከ 200,000 በላይ የትግራይ ተወላጆችን ከመጨፍጨፍ በተጨማሪ ለህዳሴ ግድብ የሚያስፈልገውን 4.8 ቢሊዮን ዶላር ለዚህ ሰይጣናዊ ጦርነት አውጥቷል፡፡

💭 ቀደም ሲል ከሶስት ዓመታት በፊት እ... ሐምሌ 26 ቀን 2015 ፕሬዝዳንት ባራክ ሁሴን ኦባማ ኢትዮጵያን የጎበኙ ሥልጣን ላይ ያሉ የመጀመሪያው የአሜሪካ ፕሬዝዳንት ሆነዋል፡፡ እሳቸውም ቦሌ አየር ማረፊያ ሲደርሱ፤ ልክ በጊዮን ወንዝ የጢስ እሳት ፋፏቴ ላይ እንደሚታየው ዓይነት የማርያም መቀነት/ቀስተ ደመና በአዲስ ሰማይ ላይ ታየ። (ማስጠንቀቂያ!)

ጠቅላይ ሚንስትር መለስ ዜናዊ የሞቱበትን ትክክለኛ ቀን አናውቅም ፥ ምናልባት ቤልጅየም ውስጥ ህክምና እየተደረገላቸው እያለ ቀድሞውኑ በአውሮፓውያኖቹ ሐምሌ 26 ቀን ሞተው ሊሆን ይችላል?

💭 ... ግንቦት 18 ቀን 2012 ፕሬዝዳንት ኦባማ ሶስት የአፍሪካ መሪዎችን፤ የጋናውን ፕሬዝዳንት ጆን ኢቫንስ አታ ሚልስን ፣ የኢትዮጵያን ጠቅላይ ሚኒስትር መለስ ዜናዊን እና የታንዛኒያን ፕሬዝዳንት ጃካያ ኪክዌቴን በዓለም አቀፉ ግብርና እና የምግብ ዋስትናን አስመልክቶ በተካሄደው ሲምፖዚየም ላይ እንዲገኙ ወደ G8 ስብሰባ ጋበዟቸው ፡፡ (የህዝብ ቅነሳ/ቁጥጥር ዘመቻ አካል ነው)

💭 ... ሐምሌ 16 ቀን 2012 ‘የሙስሊም ወንድማማችነቱየግብፅ ፕሬዝዳንት መሀመድ ሙርሲ አዲስ አበባን በመጎብኘት ከኢትዮጵያ ኦርቶዶክስ ቤተክርስቲያን ፓትርያርክ ብፁዕ ወቅዱስ አቡነ ጳውሎስ ጋር ተገናኝተዋል፡፡

የጋና ፕሬዝዳንት አታ ሚልስ ሀምሌ 24 ቀን 2012 አረፉ!/ተገደሉ?

የኢትዮጵያ ጠቅላይ ሚኒስትር መለስ ዜናዊ እ... ነሐሴ 20 ቀን ምናልባትም ሐምሌ 26 ቀን 2012 .. አረፉ!/ተገደሉ?

ብፁዕ ወቅዱስ አቡነ ጳውሎስ ቀዳማዊ ፓትርያርክ ርእሰ ሊቃነ ጳጳሳት ዘኢትዮጵያ፣ ሊቀ ጳጳስ ዘአክሱም ወእጨጌ ዘመንበረ ተክለሃይማኖት እ..አ ነሐሴ 16 ቀን 2012 .ም በአዲስ አበባ አረፉ!/ተገደሉ?፡፡

የግብፅ ፕሬዝዳንት መሀመድ ሙርሲ እ... ሰኔ 17 ቀን 2019 ተሰናበቱ!/ተገደሉ?፡፡

በመጀመሪያ ፓትርያርኩ ፣ ቀጥለው ጠቅላይ ሚኒስትሩ፡፡ በአጋጣሚ? አይመስለኝም!

መሀመድ ሙርሲ ስለ ፓትርያርኩ እና ስለ ጠቅላይ ሚኒስትሩ ሞት አንድ የሆነ ነገር ያውቅ ነበር ስለዚህ እሱን ማስወገድ ነበረባቸው፡፡

የብርሃን ልዑል እና የእግዚአብሔር ፈቃድ ተከላካይ የመላእክት አለቃ ሚካኤል በእውነቱ ምን እየተከናወነ እንዳለ በሚገባ ያውቃል ፥ እናም እኔ ከዚያን ጊዜ ጀምሬ እንደማስበው ፕሬዝዳንት ባራክ ሁሴን ኦባማ + ፕሬዝዳንት መሀመድ ሙርሲ + ቢሊየነሩ የሳዑዲኢትዮጵያዊው ባለሃብት መሐመድ አልአሙዲን + ያኔ የተዘጋጀው (በኦባማ ሲ..ይኤ) ጥላ ጠ / ሚ አብይ አህመድ አሊ ፓትርያርክ ጳውሎስን እና ጠቅላይ ሚንስትር መለስ ዜናዊን ለመግደል ሴራ አካሂደዋል።

💭 የቀድሞው ጠቅላይ ሚንስትር መለስ ዜናዊ በአንድ ወቅት ኦሮሞ ሀገር ማስተዳደር አይችልም! ብለው ነበር። ሌላ ጊዜም ለኦሮሞ ስልጣን መስጠት ለህፃን ውሀ በብርጭቆ መስጠት ነውብለው ነበር። ፻/100% ትክክል ነበሩ! ታዲያ ይህን እያወቁ እነ አቶ ስብሐት ነጋ ሁሉንም ነገር ለኦሮሞዎች አስረክበው መቀሌ ገቡ። ትልቅ ወንጀል! ያው ከአረቦች፣ ሶማሌዎችን፣ ኦሮማራዎችና የኤርትራ ቤን አሚር የዋቄዮአላህ ጭፍሮች ጋር በመመሳጠርና እስከ መቀሌ ተክትለዋቸውም በመምጣት በትግራይ ሕዝብ ላይ አስከፊ ግፍና በደል ይፈጽማሉ።

ዛሬ ኦሮሞዎቹ ብርጭቆውን መስበር ብቻ አይደለም፤ በዓለምም በኢትዮጵያም ታሪክ ይህን ያህል በአስከፊ መልክ ዘግናኝ፣ ታይቶም ተሰምቶም የማይታወቅ ወንጀል እየፈጸሙ ነው። ጋሎች ከማደጋስካር እና ታንዛኒያ አካባቢ አምልጠው/ተባርረው ውደ ምስራቅ አፍሪቃ ሲገቡ ለአፍሪቃ ቀንድ እራሳቸው መጤዎች የሆኑት ሶማሌዎች እንኳን ሳይቀሩ የጋሎችን አረመኔነት ስለተገነዘቡት ነበር ዛሬ ወደሰፈሩበት የአክሱም ግዛት ገብተው እንዲወርሩና እንዲስፋፉ ያደረጓቸው። ኢትዮጵያ ሀገሬ ሞኝ ነሽ ተላላ የሞተልሽ ቀርቶ የገደለሽ በላ!

የግራኝ ኦሮሞዎች ከእስማኤላውያኑ እና ኤዶማውያኑ ጋር አብረው አማራውን ጨፈጨፉ፥ አማራው ከግራኝ ኦሮሞዎች ፣ እስማኤላውያኑ እና ኤዶማውያኑ ጋር አብሮ ተዋሕዶ ትግራዋይን እየጨፈጨፏቸው ነው። ቅዱስ ሚካኤል ዛሬ ከትግራዋያን ጋር ብቻ ነው። ኦሮማራዎች የአቤል ደም ይጮኻል፤ ወዮላችሁ!

አዎ! ግራኝ አህመድ ቀዳማዊ በክርስቶስ ተቃዋሚ ቱርክ እርዳታ የአውሬ ተግባር ከመፈጸሙ በፊት ገናና እና ኃያል በአውሮፓውያኑ ዘንድ በጣም የሚከበሩና የሚፈሩ ኢትዮጵያውያን ነገሥታት ነበሩ። 😈 ጂኒው ግራኝ አብዮት አህመድ ዳግማዊ ከመምጣቱ ከሦስት ዓመታት በፊት ካዛሬው ውዳቂ የኦሮሞ አገዛዝ የተሻሉትና የአክሱምን ነገሥታት እንደገና ለማንሰራራት አስተዋጽኦ ያበረክቱ ዘንድ ጥሩ ዕድል የነበራቸው የሰሜን ሰዎች ኢትዮጵያን ተረክብዋት ነበር። አለመታደል ነው፤ መቼስ ትንቢት ሊፈጸም ግድ ስለሆነ ቅድስት ሃገራችን በግራኝ እጅ በድጋሚ ወደቀች። አረመኔውን ኦሮሞ ግራኝ አብዮት አህመድን የዲፕሎማሲን ሀ ሁ ቆጥሮ ለመረዳት የዛሬዎቹ አውሮፓውያን የሸለሙት የኖቤል ሰላም ሽልማት እንኳን ሊረዳው አልቻለም። ይህን ያህል ነው ፀረኢትዮጵያዊነቱ። ሰሜን ኢትዮጵያውያን አዋርዶና አድቅቆ ኦሮሚያን ለመመስረት ያለውን ህልም ወደ አሰፈሪ ቅዠት እንለውጠዋለን፤ በቅዱስ ሚካኤል አጋዥነት በእሳት ግራኝን እና መንጋውን በእሳት የምንጠርግበት ጊዜ ሩቅ አይሆንምና።

የቅዱስ ሚካኤል ሹመት በነገደ መላእክት ላይ ብቻ አይደለም ፤ ነገር ግን የእግዚአብሔር ሕዝብ በሆኑት ላይም ጭምር ነው ይህም እንደሆነ እንድንረዳ በብሉይ ኪዳን የእግዚአብሔር ሕዝብ የተባለውን እስራኤል ዘሥጋን ሲራዳና ሲጠብቅ እንደነበረ ተጽፎልን እናገኛለን፡፡ ለምሳሌ መጽሐፍ ቅዱስ መልአኩ ቅዱስ ሚካኤል ለኢያሱ በኢያሪኮ ምድረ በዳ እንደተገለጠለት “… ዐይኑን አንሥቶ ተመለከተ እነሆም የተመዘዘ ሰይፍ የያዘ ሰው በፊቱ ቆመ፤ ኢያሱም ወደ እርሱ ቀርቦ “ከእኛ ወገን ወይስ ከጠላቶቻችን ወገን ነህ? አለው፡፡ እርሱም “እኔ የእግዚአብሔር ሠራዊት አለቃ ሆኜ አሁንም ወደ አንተ መጥቼአለሁ” [መጽሐፈ ኢያሱ ወልደ ነዌ ምዕራፍ ፭፡፲፫]ይለናል፡፡ ቅዱስ ዮሐንስ ስለ ቅዱስ ሚካኤል እንዲህ አለ “በሰማይም ሰልፍ ሆነ፤ ሚካኤልና መላእክቱም ዘንዶውን ተዋጉት፥ ዘንዶውም አልቻላቸውም፥ ከዚያም በኋላ በሰማይ ቦታ አልተገኘለትም። [የዮሐንስ ራእይ ምዕራፍ ፲፪፥፯]ነብዩ ዳንኤልም እንዲህ አለ “በዚያም ዘመን ስለ ሕዝብህ ልጆች የሚቆመው ታላቁ አለቃ ሚካኤል ይነሣል[ትንቢተ ዳንኤል ፲፪፥፩]።

❖❖❖ሊቀ መላእክት ቅዱስ ሚካኤል ከሰማያት በግርማ ወርዶ አሸባሪውን ዘንዶ አብዮት አህመድ አሊን እና ወደ አክሱም ጽዮን ለመመለስ የሚሻውን የቄሮ ጋላ ሠራዊቱን ባፋጣኝና በአንዲት ሌሊት በእሳት ሰይፉ ፈጅቷቸው ይደር! የገናናው መልአክ የቅዱስ ሚካኤል ጥበቃው አይለየን፣ በጸሎቱ ይማረን።❖❖❖

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Posted in Ethiopia, Faith, Infos, News/ዜና, War & Crisis | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a Comment »

The Five Most Fragile Countries…

Posted by addisethiopia / አዲስ ኢትዮጵያ on November 9, 2017

Exposed To Higher Interest Rates Are:

  • Egypt
  • Turkey
  • Pakistan
  • Qatar
  • Argentina

CREDIT ratings agency S&P Global has revealed its list of the five most vulnerable countries that will suffer under rising interest rates across the globe.

After around a decade of ultra-low interest rates around the world following the financial crash the tide is now turning and central banks are now either reviewing their policy of loose monetary policy or starting to cautiously raise rates in an attempt to head off any early signs of inflationary pressures.

S&P Global have now released what they dub the new “fragile five” – the countries that are most at risk of rising interest rates.

According to the agency the emerging markets of Turkey, Argentina, Pakistan, Egypt, and Qatar are likely to suffer the most as the cost of borrowing rises.

Moritz Kraemer, S&P Global’s managing director and sovereign global chief rating officer, said in a report on Monday, monetary conditions are “exceptionally accommodative” and, for some emerging markets, “the funding environment is now the most benign in living memory.”

Continue reading…

My Note: Anguish, pain, poverty and hardship, all inflicted, directely or indirectly on Ethiopians by five of the many nations across the continents. Life did let the nations of Egypt,Turkey,Pakistan,Qatar and Argentina (Italians) get away with their ignorance and stupdiity for a while, but sooner or later, they will pay the price.

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Posted in Curiosity, Ethiopia | Tagged: , , , , , , , , | Leave a Comment »

Model, 20, Exposes The Seedy World Of Prostitution In The Fashion Industry

Posted by addisethiopia / አዲስ ኢትዮጵያ on August 29, 2017

After An Agent Claims Household Names Are Paid Up To $2MILLION To Sleep With Rich Clients And Further Their Careers

EXCLUSIVE: Jazz Egger, 20 was offered £2,000 for ‘intimacy’ with a client

  • The London-based model was told: ‘that is how the fashion industry works’
  • Agent claimed that top supermodels are paid up to $2million for sex with men
  • Even sent screen shots of messages from models who said they ‘enjoyed it’

  • A young model has claimed prostitution is rife within the fashion industry after she was offered cash to sleep with wealthy men.

London-based model Jazz Egger, who recently turned 20, makes the extraordinary claim that ‘big agencies’ and ‘established models’ are involved in seedy underground dealings, with young women paid up to $2million (£1.54million) to spend the night with male clients.

Shockingly, Jazz claims she was even told that two young supermodels who have become household names have ‘spent time’ with men for money in order to get ahead in their career.

Austrian-born Jazz said she was first propositioned last summer after meeting an agent at an exclusive London club, who offered her an ‘image modelling job’ which involved a Greek yacht trip with three ‘millionaires’.

Jazz, who has 35,000 Instagram followers, also claims she has been told that one of the most established modeling agencies in the world was a ‘partner client’ of the company that had approached her for sex work.

She declined, but soon afterwards she was contacted by a second man who invited her to a private dinner with a ‘famous actor’ at a popular celebrity haunt – and advised that she would need to be comfortable with the ‘natural intimacy’ that followed.

When the then teen replied that she was ‘a model and not an escort’, she alleges the man – known only as George – shot back: ‘It’s the most normal thing in the industry, everyone does it.’

Shockingly, the agent claimed that two well-known fashion models have accepted vast sums of cash in return for ‘spending time’ with his clients.

He told her: ‘[The models] realise the value of money and how much of a difference it can make. And everyone enjoys having sex especially with good-looking guys. What is the shame? Society creates double standards that make women feel guilty.’

He added: ‘That is how the fashion industry works’ and even claimed that ‘most models get to where they were through something like this’.

George even told Jazz that one of the most established modeling agencies in the world was a ‘partner client’ of the company that had approached her for sex work.

He said: ‘All of these modelling agencies are run by hedge fund managers wanting to meet girls.’

‘This can’t be okay’

Jazz told MailOnline: ‘I would never sell my body in such a matter. I couldn’t combine it with my morals really.

‘I still respect those who do accept such offers. What made his offer highly questionable to me is that he asked me to keep quiet about it. This can’t be okay.

‘[George] reacted by spamming me with messages, in an attempt to convince me to accept his offer. It seemed like he was very experienced in that kind of conversation. He sent me screenshots of models who he allegedly worked with.’

She added: ‘I know some models that have done escort work and experienced unwanted sexual advances.

‘When I shared the article, many of my model colleagues messaged me, telling me about their experiences. It was sad to see that it’s such a common and usual thing.


Source

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Posted in Curiosity, Infotainment, Life, Photos & Videos | Tagged: , , , , , | Leave a Comment »

Has Hillary Clinton Sold Her Soul to Babylon?

Posted by addisethiopia / አዲስ ኢትዮጵያ on May 25, 2016

How corporate America bought Hillary Clinton for $21M

Follow the money.” That telling phrase, which has come to summarize the Watergate scandal, has been a part of the lexicon since 1976. It’s shorthand for political corruption: At what point do “contributions” become bribes, “constituent services” turn into quid pro quos and “charities” become slush funds?

Ronald Reagan was severely criticized in 1989 when, after he left office, he was paid $2 million for a couple of speeches in Japan. “The founding fathers would have been stunned that an occupant of the highest office in this land turned it into bucks,” sniffed a Columbia professor.

So what would Washington and Jefferson make of Hillary Rodham Clinton? Mandatory financial disclosures released this month show that, in just the two years from April 2013 to March 2015, the former first lady, senator and secretary of state collected $21,667,000 in “speaking fees,” not to mention the cool $5 mil she corralled as an advance for her 2014 flop book, “Hard Choices.”

Throw in the additional $26,630,000 her ex-president husband hoovered up in personal-appearance “honoraria,” and the nation can breathe a collective sigh of relief that the former first couple — who, according to Hillary, were “dead broke” when they left the White House in 2001 with some of the furniture in tow — can finally make ends meet.

No wonder Donald Trump calls her “crooked Hillary.”

A look at Mrs. Clinton’s speaking venues and the whopping sums she’s received since she left State gives us an indication who’s desperate for a place at the trough — and whom another Clinton administration might favor.

First off, there’s Wall Street and the financial-services industry. Democratic champions of the Little Guy are always in bed with the Street — they don’t call Barack Obama “President Goldman Sachs” for nothing, but Mrs. Clinton has room for Bob and Carol and Ted and Alice and their 10 best friends. Multiple trips to Goldman Sachs. Morgan Stanley. Deutsche Bank. Kohlberg Kravis Roberts. UBS Wealth Management.

Continue reading…

Movie exposing secrets of how Clintons became rich after quitting the White House to be shown on eve of Hillary getting her party’s nomination

Mohammed Al-Amoudi, a billionaire businessman who lives in Ethiopia and Saudi Arabia donated between $5 million and $10 million to the Clinton family foundation

hillary-approved-arms-deals

Another donor, Sheikh Mohammed H. Al Amoudi, an Ethiopian immigrant to Saudi Arabia, has donated between $5 million and $10 million, including while Mrs. Clinton served in the State Department. Mr. Al Amoudi has built an empire of construction, agricultural and energy companies across Saudi Arabia and Ethiopia. He also has endowed a breast-cancer institute at the government-run King Abdulaziz University and is a participant in Saudi Arabia’s King Abdullah Food Security Program.

His U.S. lawyer, George Salem, said his client “is a private Saudi citizen, and not a government official in Saudi Arabia.” He said there was “nothing inappropriate” about the donation, which was to fight AIDS in Ethiopia.

They dearly love Hillary in Arabia…

Persian Gulf Sheikhs Gave Bill & Hillary $100 Million

Clinton Foundation Donors

Now, who let the dogs out?

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Posted in Conspiracies, Curiosity, Infos | Tagged: , , , , , , , | 2 Comments »

What Can Money Buy?

Posted by addisethiopia / አዲስ ኢትዮጵያ on August 27, 2010

Money is nice to have but it can’t buy you the things that truly matter to make your life a happy life. Money you can lose and make again but there are things that if you lose them cannot be replaced. Money can’t buy you a life


  • Money can buy Position not Respect

  • Money can buy bed but not sleep

  • Money can buy books but not knowledge

  • Money can buy food but not appetite

  • Money can buy Finery but not beauty

  • Money can buy a house but not a home

  • Money can buy Medicine but not health

  • Money can buy Luxuries but not comfort

  • Money can buy Pleasures but not happiness

  • Money can buy Religion but not salvation.

Say not that this is yours and this is mine,
Just say, this came to you and to me;
So we may not regret the fading shine,
Of all the glorious things which ceased to be.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

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Greed – The Root of All Evil

Posted by addisethiopia / አዲስ ኢትዮጵያ on May 7, 2009


How greed outstripped need

greedevilAmerican culture set us up for the economic fall, psychologists say.

http://www.apa.org/monitor/2009/01/consumerism.html

As the world slipped into economic meltdown, the nation started talking about greed: greedy lenders, greedy Wall Street executives, greedy CEOs and greedy Americans who used credit to finance untenable lifestyles.

Greed may very well have driven much of the economic crisis, says University of Rochester social psychologist Richard Ryan, PhD. But does the blame fall on the individual, or on our increasingly materialistic culture?

“America has an economic system set up to create the kind of mess we’ve seen recently,” says social psychologist Tim Kasser, PhD, of Knox College in Galesburg, Ill. “Our form of capitalism encourages materialistic values, and the research shows that people high on materialism … are more likely to engage in unethical business behaviors and manipulate people for their own purposes.”

In fact, American corporate capitalism—the highly competitive economic system embraced by the United States as well as England, Australia and Canada—encourages materialism more than other forms of capitalism, according to a study by Hebrew University of Jerusalem psychologist Shalom Schwartz, PhD. He compared the values held by people in countries with more competitive forms of capitalism with the values of folks in countries that have a more cooperative style of capitalism, including Austria, Germany and Norway. These countries rely more on strategic cooperation among the various players in the economy and society to solve their economic problems, such as unemployment, labor and trade issues, rather than relying mostly on free-market competition as the United States does.

As expected, citizens who live in more competitive free market systems cared more about money, power and achievement than people who live under more cooperative systems. Research also supports the notion that the more people care about money and power, the less they care about community and relationships. A study by Kasser, University of Victoria psychologist Fred Grouzet, PhD, and colleagues, for example, asked students in 15 countries about the goals they value most, including community feeling, financial success and physical health. They found they could chart those values onto a kind of pie with some values—money versus community and relationships, for example—in direct competition with each other.

“Of course we can care about community and money,” Kasser. “But as money becomes important—the bigger its slice of the pie—the desire to help other people tends to become less important.”

University of Minnesota psychologist Katherine Vohs, PhD, demonstrated this idea in a series of studies in which she primed participants to think about having large amounts of money. Compared with a group of students who were primed to think about neutral concepts or insufficient funds, participants with wealth on their minds were less helpful at, for example, picking up spilled pencils, and were less generous, for instance, donating less to charity. These participants were also more insular, choosing to sit farther away from a colleague or work independently rather than in a team.

Money and community are inherently incompatible because they tap into two fundamentally different motivational systems, says Kasser. Helping the community and forming personal relationships satisfy intrinsic psychological needs while financial success satisfies extrinsic needs of rewards and praise.

And for those motivated by rewards, America’s corporate incentive system may even encourage unethical behavior, says Ryan. Investment banks, mortgage companies and other industries that fueled the economic downturn reward employees for specific outcomes—say, selling more mortgages or obtaining high quarterly profits—rather than other aspects of job performance. Research shows that the people who are offered these types of rewards take the shortest route to reach their goal, whether it’s ethical or not, Ryan says.

“Rather than rewarding good practices, we’ve been rewarding outcomes, however they’re attained,” says Ryan. “And that’s driven a lot of greedy behavior from folks who wouldn’t normally act that way.”

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Asians Winning The Money Game?

Posted by addisethiopia / አዲስ ኢትዮጵያ on November 22, 2008

moneygame

Since the 1997-1998 Asian financial crises, monetary authorities in emerging markets in East Asia have more than doubled their stockpiles of foreign exchange reserves; by the end of May 2002, they held $845 billion, or 38% of the world total. Of these countries, China, Taiwan, Hong Kong, South Korea, and Singapore rank just behind Japan as the world’s biggest holders of foreign exchange reserves–together those five countries hold reserves totaling nearly $700 billion.

There is a growing debate about the need to hold so many reserves. Some critics point out that holding a lot of reserves is costly. Reserves held in U.S. Treasuries, for example, earn a modest return, far below these countries’ own cost of borrowing either in local currency or in dollars. Why hold cash in the bank and pay high interest on outstanding liabilities? Critics also note that the yield on reserves is much lower than the potential return they could earn by using those reserves to make real investments in the economy, such as building roads, bridges, and schools.

Those who support holding large reserve balances argue that the cost of doing so is small compared to the economic consequences of a sharp depreciation in the value of the currency that is often associated with financial crises in emerging markets. A devaluation of the currency raises a country’s costs of paying back debt denominated in foreign currency as well as its costs of imported goods, and it also raises the spectre of inflation. With a large stockpile of foreign exchange reserves, a country’s monetary authority can buy up its currency in the foreign capital markets, which helps to uphold its value. By having its own ammunition to defend its currency in a crisis, a country with large holdings of reserves also avoids being shut out of international capital markets due to concerns that the government or the private sector will default on foreign debt payments. Therefore, these proponents argue, holding large reserve stockpiles is prudent policy for those occasions when defending the value of the currency makes sense.

In this Economic Letter, we report some of the factors that influence the decision to hold foreign exchange reserves in developing countries based on our recent research (Aizenman and Marion 2002a and 2002b). We also explore why these holdings surged in East Asia after the 1997 crises.

Trends in reserve holdings by emerging markets

Several factors may explain how much foreign exchange reserves a country wants to hold. One factor is related to the size of international financial transactions that occur there; that is, reserves holdings are likely to increase both with the size of the country’s population and with its standard of living. Another factor is related to the volatility of international receipts and payments, insofar as reserves are intended to help cushion the economy; that is, reserve holdings are likely to increase with more volatility in a country’s export receipts. A third factor is vulnerability to external shocks; reserve holdings are likely to increase with a country’s average propensity to import, which is a measure of the economy’s openness and vulnerability to external shocks. Finally, a country’s tolerance for greater exchange rate flexibility should reduce its demand for reserves, because its central bank would not need a large reserve stockpile to manage a fixed exchange rate; therefore, reserve holdings are likely to be lower the more variable the country’s exchange rate is.

We conducted statistical analyses using a panel of data consisting of 122 developing countries between 1980 and 1996–that is, before the Asian financial crises–and found strong correlations between these factors and reserve holdings. The scale factors–population size and real GDP per capita–were positive and highly significant. The volatility of real export receipts and the vulnerability to external shocks measured by openness also were positive and highly significant. Greater exchange rate variability was associated with significantly reduced reserve holdings. These five variables account for between 70% and 90% of the variation in actual reserve holdings depending on the estimation specification.

Our study (Aizenman and Marion 2002a) extended this analysis by adding two political measures that may lower the demand for reserves, namely, political instability and political corruption, in the sense that they act as a tax on the return to reserves. Because data on these measures are available for only a limited number of countries, the sample we examined was smaller. As a proxy for political instability, we used a measure of the probability that the government’s leadership would change by constitutional means. For data on political corruption, we used a corruption index from Tanzi and Davoodi (1997). We confirmed that an increase in an index of political corruption significantly reduces reserve holdings, as does an increase in the probability of a government leadership change by constitutional means.

Next we examined whether the model with these specifications was successful at predicting reserve holdings during and after the Asian financial crises, that is, from 1997 to 1999. The results suggest that countries indeed have changed their behavior in terms of holding foreign exchange reserves. For example, in the case of Korea, the model over-predicts its reserve holdings for 1997, the year of the crisis, but it substantially under-predicts reserve holdings for both 1998 and 1999. These results suggest that, during and immediately after the crisis, Korea had limited access to global markets and could not immediately adjust its stock to the higher level it chose to maintain in 1998 and 1999. For the other emerging Asian economies, the underprediction of reserves over this period is less substantial but still significant (see Aizenman and Marion 2002a for full details). It is interesting to note that the model over-predicts Malaysian reserve holdings in all three years, suggesting the country may have faced a trade-off between being willing to adopt capital controls and being willing to hold international reserves. Because Malaysia chose to impose capital controls during the financial crisis, it reduced its effective integration with the global capital markets and its demand for international reserves.

Why have East Asian markets increased their reserves?

As the foregoing showed, the standard set of factors that affects the demand for foreign exchange reserves does not account for the very large buildup that has occurred in many emerging markets in East Asia. Therefore, we examine the possibility that the buildup may represent “precautionary” holdings, and we find two situations that can give rise to increased demand for such holdings (Aizenman and Marion 2002a).

The first is the government’s desire to “smooth consumption”–that is, to spread out over time the costs of shocks, such as sudden outflows of international capital–when it faces difficulty raising funds either through international capital markets (because investors perceive a high risk that the government or the private sector will default) or through domestic tax collection. The model also helps us understand why some developing countries have not chosen to hold large precautionary reserve balances in the aftermath of the last decade’s crises even when there are concerns about default risk or when domestic tax collection is costly. Specifically, we find that countries whose policymakers care less about the future, countries that are politically unstable, and countries suffering from political corruption find it desirable to hold smaller precautionary balances.

The second situation leading to a buildup of reserves is “loss aversion” after the 1997-1998 Asian financial crisis. Loss aversion is the tendency of people in the economy to be more sensitive to reductions in their consumption than to increases. In our model, we modify a generalized expected utility framework so that it attaches bigger weights to “bad” outcomes and smaller weights to “good” outcomes. We show that the government will choose to hold a small stock of reserves if it believes the populace is indifferent between reductions and increases in their consumption, while it will choose to hold a much larger stock of reserves if it believes the populace is loss-averse. We also show that, even when the return on domestic capital far exceeds the return on the safe asset, it can still be desirable for the government to hold large reserve balances if agents are loss-averse.

Conclusion

Our research found that a standard set of explanatory factors does a good job in explaining central bank reserve holdings of developing countries through 1996, but it under-predicts reserve holdings of countries in East Asia after that. Undoubtedly, the recent large buildup of international reserve holdings in East Asia is motivated by the experience of the recent Asian financial crisis. When countries’ access to capital markets is diminished because their governments and private sectors appear to be at high risk of defaulting and when it is costly either to raise taxes or to cut government spending, countries will find it desirable to hold large precautionary reserve balances. When countries attach more weight to bad outcomes than to good ones, they also find it desirable to hold sizeable precautionary balances of international reserves, even if the return on investing domestic capital far exceeds the return on reserves. Not all developing economies, indeed not all emerging markets, will hold large reserve stockpiles in the aftermath of crises, however. Countries that strongly favor current consumption, that experience political instability, or that suffer from political corruption face a lower effective return on holding reserves and will acquire more modest stockpiles.

While our study is consistent with the view that hoarding foreign exchange reserves may serve a useful role, it does not follow that all countries will benefit from adopting this strategy. In particular, our results suggest that the benefits accrue only when countries optimally control both the saving of precautionary reserves and external borrowing. Attempts to focus only on the reserves side may disappoint if the borrowing side is abused as a result of political uncertainty or corruption.

Top 10 Countries by Foreign Exchange Reserves

Rank Country/Monetary Authority billion USD (end of month) change in year 2007
1 Flag of the People's Republic of China People’s Republic of China $ 1809 (June) 1 +43.3%
2 Flag of Japan Japan $ 1004 (April) +8.7%
3 Flag of Russia Russia $ 597 (August 01) 2 [1] +56.8%
Flag of Europe Eurozone $ 563 (March) +16.6%
4 Flag of India India $ 307 (July 18) 2 +64.4%
5 Flag of the Republic of China Republic of China (Taiwan) $ 291 (July) [2] +2.7%
6 Flag of South Korea South Korea $ 260 (April) +9.7%
7 Flag of Brazil Brazil $ 204.194 (Aug 14) 3 +105.9%
8 Flag of Singapore Singapore $ 176 (April) +19.1%
9 Flag of Hong Kong Hong Kong $ 160 (April) +14.6%
10 Flag of Germany Germany $ 144 (April) +20.3%

Note: Full List

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Faith Is The Answer

Posted by addisethiopia / አዲስ ኢትዮጵያ on October 10, 2008

The America we knew as children, back home, seems like a dream and the one we are living in now a nightmare without the relief of morning.

A lot of people are saying lately that God is judging America.
To what extent God’s hand is in all of this remains unknown. I don’t know, perhaps we’re bearing the consequences of our own actions, the pain of our abandonment of sense and the emptiness of a life detached from authentic moral and ethical order. The Bible telly us that God is active in history and can use the ebb and flow of events to hold both people and nations to account.

We do know that ideas, constructs, and behavior have consequences. In this modern world of ours, we are slowly falling prey, for a variety of reasons, to a kind of life that is at once technically advanced but spiritually, emotionally, and socially selfish, greedy, materialistic, and bankrupt. We have poisoned almost everything what was meant good for us.  All of those institutions that are crying wolf are reflections of this very fact.

We see the Wall $treet sharks seeking today for help, ironically, from the same people they have tricked into paying them unwarranted usury: the American taxpayers. Their fall is the direct result of their will to fly high, despite the odds, and, as Icarus of old, their wings of wax are melting now and they struggle in free fall. “O you who live on many waters, rich in treasures, your end has come, and the measure of your unjust gain” (Jeremiah 51:13). Their mistake is clear: “A rich man who crushes the poor is like a sweeping rain which leaves no food” (Proverbs 28:3).

Economic, religious, political, familial, etc systems should be held accountable when their practices contribute to large scale breakdowns or disparities.

We must once again speak against the dangers of consumerism, predatory lending, and greed. Most of all, we need to acknowledge the fact that the sickness of our culture begins to end when We address the illness of our soul.

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