banking services chronicle current affairs

 banking services chronicle current affairs

banking services chronicle current affairs Published this article page no   When Chancellor Kohls party and Edith Cresson are suspected of gross corruption  these are labelled aberrations in an otherwise honest West. When NASA in collaboration with its UK counterpart blow a 130 million US dollars spacecraft to smithereens having confused the metric system for its poundfeet archaic predecessor  people nod their head in disapproval accidents happen. When President Clinton appoints his wife to suggest an overhaul of the multihundred billion dollars US health system  no one thinks it odd. And when the talented son of the police investigated rumoured to be hypercorrupt Minister of Interior Affairs of Israel becomes a Minister himself no one bats an eyelash. Yet when identical events happen in the decrepit countries of Eastern Central or Southern Europe  they are subjected to heaps of excoriating scorn to vitriolic diatribes to condescending preaching or to sanctions. It is indeed a double standard a hypocrisy and a travesty the magnitude of which is rarely to be encountered in the annals of human pretensions to morality. The West has grossly and thoroughly violated Thompsons edict. In its oftinterrupted intercourse with these forsaken regions of the globe it has acted alternately as a Peeping Tom a cynic and a know it all. It has invariably behaved as if it were holierthanthou. In an unmitigated and fantastic succession of blunders miscalculations vain promises unkept threats and unkempt diplomats  it has driven Europe to the verge of war and the region it adopted to the verge of economic and social upheaval. Enamoured with the new ideology of free marketry cum democracy the West first assumed the role of the omniscient. It designed ingenious models devised foolproof laws imposed failsafe institutions and strongly recommended measures. Its representatives the tribunes of the West ruled the phlebeian East with determination rarely equalled by skill or knowledge. Velvet hands couched in iron gloves ignorance disguised by economic newspeak geostrategic interests masquerading as forms of government characterized their dealings with the natives. Preaching and beseeching from ever higher pulpits they poured opprobrium and sweet delusions on the eagerly deluded naive bewildered masses. The deceit was evident to the indigenous cynics  but it was the failure that dissuaded them and all else. The West lost Eastern and Southeast Europe not when it lied egregiously not when it pretended to know for sure when it surely did not know not when it manipulated and coaxed and coerced  but when it failed. To the peoples of these regions the king was fully dressed. It was not a little child but an enormous debacle that exposed his nudity. In its presumptuousness and pretentiousness feigned surety and vain clichés imported models and exported cheap raw materials  the West succeeded to demolish beyond reconstruction whole economies to ravage communities to bring ruination upon the centuriesold social fabric woven diligently by generations. It brought crime and drugs and mayhem but gave very little in return only an horizon beclouded and thundering with eloquence. As a result while tottering regional governments still pay lip service to the EuroAtlantic structures the masses are enraged and restless and rebellious and baleful and antiWestern to the core. banking services chronicle current affairs