Analysis, Middle East, Side Feature

This is How the Houthis Allowed America to Use the Economic Card

On Saturday, 03/07/2021, the government’s daily newspaper, Al-Thawra, conducted a lengthy interview with Hashim Ismail, Governor of the Central Bank of Sana’a and Chairman of the Supreme Economic Committee. This interview took place after the press conference held by Hashim Ismail, on the occasion of the Central Bank in Aden’s printing of huge amounts of new banknotes, without gold coverage. In this interview, the newspaper highlighted a headline on its front page, in which it stated, “The strategy of the American enemy in its war on people focuses on the economic card as a tool of subjugation.”

The Houthis forgot that they were the pillar of America in its economic card game in Yemen, through the World Bank, since its introduction in 1975. In 1995 it began its economic reforms, but the fruits were in the revolution of 21/9/2014 to topple the stake and government imposed by the World Bank, to change the British regime’s agents in Yemen with the American agents.

America has seized the World Bank and the International Monetary Fund, since the Bretton Woods Conference in 1945, to make them its tools in controlling the economies of the target countries. It uses them for two ideas; the first: playing the economic card to overthrow the ruling regimes that were puppets of the old colonialism, in order to replace them with its agents, and the second: complete control over the economy of the countries under its control through its transcontinental companies, leading to the theft of local sources of income by transforming public property facilities into private ownership through privatization. With the intent of destroying the peoples under its control economically. As John Perkins recounted in his books, The Secret History of the American Empire and Confessions of an Economic Hit Man, which America practiced in various parts of the world, starting with Indonesia in the east and Ecuador and Bolivia in the west, and is currently underway with Egypt, which is drowning in debt of the Bank and the International Monetary Fund. This is a lesson to you, O Houthis, if you insist on moving forward with being agents for America. Wasn’t the example of what America did to Egypt enough for you, after more than 6 decades of the Egyptian ruling regime being its agent, after transferring from working for Britain?

You Houthis have followed the capitalist economic system in its entirety, as those whom you are fighting, making relative scarcity the economic problem, not satisfying the basic needs of people, as individuals. Then, you made capitalist economic solutions your reference, including issuing banknotes not on the basis of full gold coverage, and you have permitted forbidden usury. And you extended and are still extending your hands to the Bank and the International Monetary Fund, and have abandoned the Islamic economic solutions that are taken from the Shariah rulings. Do you want to get Yemen out of its economic problems, or do you want to make it a hostage to the American economic domination through usurious loans, and to proceed with the economic plans that America dictates to you in Yemen, until it falls on the path of the people who have submitted to the American policy? How do you differ from those you are fighting against?! Both of you have maintained the capitalist economic system, that allowed the capitalist to attack it in on its weak points.

O People of Belief and Wisdom: Islam is clear, and from it emanates the economic system that defines the economic problem of man, and puts in place satisfactory solutions for it that came through Shariah rulings such as the prohibition of usury and the division of property into public and private and state ownership, and determining the resources of money from zakat, tax, tithes, spoils. Its ideas are based on the belief that there is no god but Allah and Muhammad is the Messenger of Allah, not on the doctrine of separating religion from life, and taking rational utilitarianism as a reference in organizing the affairs of life, and it spoiled people’s lives instead of making them happy.

And you have to pull out of the international conflict between America and Britain, and that can only be done by working with Hizb ut Tahrir to establish the second Khilafah Rashida (rightly-guided Caliphate) state on the method of the Prophethood, for it is the one that makes people happy through the implementation of Islam in all aspects of life.

Media Office of Hizb ut Tahrir in Wilayah Yemen

Press Release
25 Dhu al-Qi’dah 1442 – Tuesday, 6th July 2021
No: HTY- 1442 / 44