Friday, January 30, 2009

WEF becomes War Equity Forum

The World Economic Forum is tackling more than global financial system reform. It hosted a panel on Israel-Gaza's impact on Middle East non-peace. Even that session was contentious. The Jerusalem Post reported the current middleman, Turkish Prime Minister, left the stage in a huff.

PM Recep Tayyip Erdogan said he left not because of a dispute with Israeli President Shimon Peres, but because he was not given time to respond to the president's remarks. Erdogan also complained that Peres had 25 minutes while he was only given 12 minutes.

Peres's defense was prompted by harsh criticism leveled at Israel not only by Erdogan, but also by the two other panelists, Arab League head Amr Moussa and UN Secretary-General Ban Ki-moon.

Israel had a seven year window for peace with neighboring Arab countries. It chose war. The global power boys are happy to sell arms to Israel, much of that provided and paid for by American taxpayers.

The WEF tackles global change. Private equity and Middle Eastern sovereign wealth funds plan to keep their preferred, unregulated status. Israel and the U.S. continue to tamper with countries in the Near East. What will happen after this round of WEF professional wrestling in Davos? The big money, heavy handed, power boys remain in charge.