Cheat-Seeking Missles

Tuesday, August 22, 2006

The Dow Jones Arabian Titans Index

The chart above was compiled by BuzzCharts and shared with us all via Jerry Bowyer at Townhall.com. It tracks the stock performance of the 50 Dow Jones companies which do the most business in the Arab world against the timeline of the Lebanon-Israel war.

Bowyer provides the inciteful analysis:

Reporters can poll the “Arab street” all they want, but to find out what the locals really believe, you have to watch one of the most powerful ballots a man can cast — his nest egg.

By that measure, the Israel-Hezbollah crisis of 2006 yields some surprising results. BuzzCharts looked at an index of 50 large publicly traded companies which do business in the Arab world, mostly banks and utilities. We then synced it with the timeline of the conflict, marking out major advances and setbacks in Israel’s war against Hezbollah.

You probably won’t be surprised to learn that the Israeli stock exchange rallied and fell in step with Israel’s fortunes in the war. But as the above chart shows, the Arab Titans index did the same, rising and falling in step with Israel’s success. Why? Because Israel’s counter-attacks were not the destabilizing factor in the region. Hezbollah’s failed-state warlordism was.

Israel’s attack was part of the solution. That’s because the conflict isn’t between Arab and Jew; it’s between civilization and chaos.

As Deep Throat said, "Follow the money." Here, the money tells us that the ostrich-heads and blackhearts who rant against Israel and support the "Palestinian cause" are actually rooting for nothing less than the fall of civilization.

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