Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
THEY DON'T RING THE BELL AT THE CRPTO MARKET TOP! - 20th Dec 24
CEREBUS IPO NVIDIA KILLER? - 18th Dec 24
Nvidia Stock 5X to 30X - 18th Dec 24
LRCX Stock Split - 18th Dec 24
Stock Market Expected Trend Forecast - 18th Dec 24
Silver’s Evolving Market: Bright Prospects and Lingering Challenges - 18th Dec 24
Extreme Levels of Work-for-Gold Ratio - 18th Dec 24
Tesla $460, Bitcoin $107k, S&P 6080 - The Pump Continues! - 16th Dec 24
Stock Market Risk to the Upside! S&P 7000 Forecast 2025 - 15th Dec 24
Stock Market 2025 Mid Decade Year - 15th Dec 24
Sheffield Christmas Market 2024 Is a Building Site - 15th Dec 24
Got Copper or Gold Miners? Watch Out - 15th Dec 24
Republican vs Democrat Presidents and the Stock Market - 13th Dec 24
Stock Market Up 8 Out of First 9 months - 13th Dec 24
What Does a Strong Sept Mean for the Stock Market? - 13th Dec 24
Is Trump the Most Pro-Stock Market President Ever? - 13th Dec 24
Interest Rates, Unemployment and the SPX - 13th Dec 24
Fed Balance Sheet Continues To Decline - 13th Dec 24
Trump Stocks and Crypto Mania 2025 Incoming as Bitcoin Breaks Above $100k - 8th Dec 24
Gold Price Multiple Confirmations - Are You Ready? - 8th Dec 24
Gold Price Monster Upleg Lives - 8th Dec 24
Stock & Crypto Markets Going into December 2024 - 2nd Dec 24
US Presidential Election Year Stock Market Seasonal Trend - 29th Nov 24
Who controls the past controls the future: who controls the present controls the past - 29th Nov 24
Gold After Trump Wins - 29th Nov 24
The AI Stocks, Housing, Inflation and Bitcoin Crypto Mega-trends - 27th Nov 24
Gold Price Ahead of the Thanksgiving Weekend - 27th Nov 24
Bitcoin Gravy Train Trend Forecast to June 2025 - 24th Nov 24
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Oh No! Not Another Osama! This Time Created by France

Politics / Al-Qeeda Jan 27, 2013 - 12:54 PM GMT

By: LewRockwell

Politics

PARIS – The bloody attack on an Algerian gas installation and France’s invasion of Mali are the result of troubles that have been brewing for years – we simply have not been paying attention.

Jihadist guerilla leader Mokhtar Belmokhtar, headlined as a new Great Islamic Satan by French media, has been making trouble in the Sahara for a long time, kidnapping westerners, robbing caravans, smuggling cigarettes.


Belmokhtar was known as a "man of honor," one of the western-financed jihadists who went to battle the Soviets and their communist allies in Afghanistan in the 1980’s and 90’s. He returned to his native Algeria, minus an eye lost in combat, and, with his fellow "Afghani," sought to overthrow Algeria’s western-backed military regime, a major oil and gas supplier to France.

In 1991, Algeria’s junta, bankrupt of ideas, allowed a free election. Big mistake. Algeria’s Islamists won the first round parliamentary vote. The military panicked. Backed by France and the US, Algeria’s military crushed the Islamic movement and arrested its leaders.

As a result, one of our era’s bloodiest civil wars erupted as Islamists and other insurgents battled the brutal Algerian military and intelligence forces, who called themselves, "the Eradicators."

During a decade of savagery, over 200,000 Algerians died. Entire villages were massacred. Both sides committed frightful atrocities. The Algiers government used special forces disguised as rebels to stage mass murders. Pickup trucks with guillotines were used to chop off people’s heads.

After the uprising was crushed, one particularly violent Islamist guerilla group, formerly GIC, reformed itself into AQIM – al-Qaida in the Islamic Maghreb. This caused a frenzied reaction in the West. But AIMQ had next to nothing to do with Osama bin Laden’s Afghan-Pakistan group. But the al-Qaida name brought instant media attention – a primary goal of radical groups.

After Mali’s soldiers overthrew its feeble, corrupt government last March, the vast north went into chaos. Nomadic Tuareg tribesmen declared the independent state of Azawad. Assorted jihadists, including some of Belmokhtar’s men, imposed draconian sharia law on the north. Mali’s southerners called on former colonial master France for help.

Two months ago, President Francois Hollande declared France would not again intervene in Africa. Since granting nominal independence in 1960 to the states that comprised former French West Africa, France has intervened militarily 50 times. French technicians, bankers and intelligence agents run most of West Africa from behind the scenes. There are 60,000 French in Algeria and west Africa, seen by Paris as its sphere of influence.

Mali is a major supplier of uranium to France’s nuclear industry which provides 80% of the nation’s power. French mining interests cover West Africa, which is also a key export market for French goods and arms.

After jihadists proclaimed they would nationalize Mali’s mines, Hollande turned from dove to hawk. French forces went into action behind a barrage of media propaganda about brutalities committed by the Islamists – just as French forces in Afghanistan were being driven out by Taliban fighters.

Hollande’s popularity ratings, driven down to 32% by France’s dire economic problems, tax hikes, and plant closings, soared to over 80%. Military adventures and patriotic flag-waving are always surefire remedies for politicians in trouble at home. Belmokhtar was declared the Osama bin Laden of the Sahara. Mali became a humanitarian mission lauded in the West. The US began quietly tiptoeing into the conflict.

Though a tempest in a teapot involving only a few thousand French troops, the Mali fracas threatens the unsteady French and US-backed regimes of resource-rich West Africa. Most particularly so Ivory Coast, Chad and Central African Republic, where 5,000 French soldiers and aircraft are based. An Islamist uprising in oil-rich Nigeria is growing fast, a major worry for Washington, whose regional energy resources are under threat.

Getting into little wars is always easy. Getting out is not, as Afghanistan has shown. Even French generals are now saying their troops will be in Mali, which has no real government, for a long time.

Patriotic euphoria in France is already abating. France’s belligerent unions are back on the war path over plant closings. Efforts to cut France’s huge deficit will hardly be helped by the little crusade in Mali.

Eric Margolis [send him mail] is contributing foreign editor for Sun National Media Canada. He is the author of War at the Top of the World and the new book, American Raj: Liberation or Domination?: Resolving the Conflict Between the West and the Muslim World. See his website.

Copyright © 2013 Eric Margolis

http://www.lewrockwell.com

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in