HALKTV — Acikca 20260917 170000 UTC 3618 transcript segments Google Cloud Speech-to-Text API (Chirp) + Gemini 2.5 Flash Non-Thinking Data courtesy of The GDELT Project (https://www.gdeltproject.org/), from the Internet Archive TV News Archive. Machine transcription. Treat it as a searchable index of what was broadcast, not a verbatim quotation record. [00:00:00] Let the parliament make a decision, that only. an early election will be held on this date, [00:00:03] so many days of early election, early [00:00:06] election, early election, why is it being pronounced, what [00:00:09] is happening, we will try to solve the codes of this tonight, and we will start with [00:00:13] this topic clearly, of course, we will have many [00:00:16] other topics, first let me greet my broadcasting partner Fikret [00:00:20] Bilaya, Fikret abi, hello, [00:00:23] I wish you a good broadcast, I send my regards and [00:00:26] love to our guests, thank you, He is with us via remote connection. [00:00:30] Also with us is New Party Deputy Sezgin Tanrı. Welcome, Mr. Sezgin. [00:00:33] Thank you very much. Greetings and love from Diyarbakır. [00:00:37] Thank you. Let's send our greetings to Diyarbakır too. Who are we with in the studio? [00:00:41] Sir, political scientist Associate Professor Doctor Doğan [00:00:44] Çetinkaya is with us. Welcome, Doğan Hoca. Hello, I'm glad to be here. Economist [00:00:48] Professor Doctor Murat Birdal is with us. Welcome, Murat Hoca. [00:00:51] and I think the CHP We will also discuss political issues with Murat Hoca, but you know. I guess [00:00:55] the markets haven't seen such a big earthquake, such a big [00:00:59] shock in a long time. The fund market has been devastated, [00:01:03] something like 20 billion in funds have exploded, people are afraid [00:01:06] if there will be a continuation, etc. What happened, what happened? There are very interesting [00:01:10] developments there, we will evaluate them, and [00:01:13] of course, lawyer İsmail Emrettelci is with us. Welcome, İsmail Bey. [00:01:17] Hello, I'm glad to be here, good broadcast to everyone. Among all these agendas, [00:01:20] IBB trials are very important, we continue to follow them, and something very [00:01:24] striking happened yesterday. A defendant on the stand [00:01:27] cried. Why did a defendant on the stand [00:01:30] cry, in response to what question, and what does [00:01:34] this incident tell us about the course of the IBB case? We will address [00:02:08] Let me take it, just in case something goes wrong there. Now, the Chief Advisor to the President, [00:02:11] Mehmet Uçum, said that [00:02:14] he foresees the elections to be held on April 16, [00:02:17] 2028. This is actually one month before the elections [00:02:21] that would normally be held in May. This date [00:02:24] is the date of the referendum for our transition to the Presidential [00:02:28] system, he says. It's its anniversary. [00:02:31] Mr. Recep Tayyip Erdoğan will be a candidate [00:02:34] for the last time. That date has a symbolic meaning, and [00:02:38] Mr. Recep Tayyip Erdoğan will be a candidate for the last time, says Mehmet [00:02:42] Uçum. Before that, the words [00:02:45] of MHP Chairman Devlet Bahçeli had drawn attention. Mr. [00:02:48] President completed two of the three crescents. [00:02:51] He won the 2018 and 2023 elections. [00:02:54] Now the third of the three crescents [00:02:58] remains. The third of the three crescents. [00:03:03] Hopefully, he will complete the third one. Well, these words are sending a message, and I will ask my guests [00:03:07] to interpret the details of that message. Let's also look at visual [00:03:10] number one, friends. Şamil Tayyar [00:03:13] wrote a tweet, you can check it, but [00:03:17] we highlighted these specific sections in red [00:03:20] because we found them striking [00:03:22] the main target is to scatter the opposition. in relation to the topic we are currently discussing. He says, a friend from the general [00:03:26] headquarters said that the first round of the election would be on April 2, and the second round on April 16. [00:03:30] As Mehmet Uçum said earlier, April 16, [00:03:33] 2028. The first round on April 2, the second round on April 16. [00:03:37] Şamil Tayyar's friend from the general headquarters said, "Write it down and [00:03:41] keep it aside." What does it say here? "Well, at this stage," [00:03:45] he says, "I have a suggestion. I said it before, I'll repeat it. [00:03:48] No matter when the election is held, under current circumstances, [00:03:52] it's beneficial to decide on an election now." Look, [00:03:55] he says it should be decided now. He suggests this. [00:03:59] Tayyar suggests it. The election decision of April 18, 1999, [00:04:02] was made 9 months in advance. It can be done now too. Parties will continue their preparations accordingly. [00:04:05] The concern about snap or early elections will disappear. Political stress will decrease. [00:04:09] Polemics will end. Normalization will begin. I think it should be tried, [00:04:12] he says. Very interesting. He says this early election decision should be made [00:04:16] now, Şamil Tayyar. Of course, [00:04:19] there was also a backstage report by Ayşe Sayın [00:04:23] from BBC Turkish. The following sentence was striking, dear viewers: [00:04:27] In AKP circles, an election scenario that would pave the way [00:04:30] for Erdoğan to be a candidate again, and within this scope, the option of making [00:04:34] the election decision months in advance is being discussed. Look, [00:04:37] in Ayşe Sayın's backstage report from the BBC, it is also being discussed [00:04:41] that the election decision might be made much earlier [00:04:44] in the coming period in the AKP. These must [00:04:48] be pointing to something, these must be pointing to something. [00:04:51] I'll turn to New Party Deputy Sezgin Tanrı Kulu first. [00:04:55] Mr. Sezgin, what do these indicate in your opinion? Why have [00:04:57] they intensified? [00:05:01] "First of all, let me state that, of course, there will be an election, either [00:05:05] in 2027 or 2028. Now the issue [00:05:08] is here, we need to focus on this: [00:05:11] can Mr. Erdoğan be a candidate for the third time? [00:05:14] What are the conditions for him to be a candidate, and is an election [00:05:18] held a week or a month before its normal [00:05:21] time an early election as described in the third paragraph [00:05:24] of Article 116 of the Constitution, or is it not? [00:05:27] These need to be discussed. Now, Article 101 of the Constitution [00:05:31] very clearly limited the presidency to two [00:05:34] terms of five years each, meaning a person can serve [00:05:38] as president for a maximum of two terms [00:05:40] of five years each. [00:05:44] Beyond that, they cannot. The exception to this is shown [00:05:48] in Article 116, third paragraph, [00:05:52] of the Constitution. If [00:05:54] the parliament decides by majority, [00:05:58] meaning 360 votes, that's what I mean by majority, [00:06:02] as described by Hersan, to renew the elections, [00:06:05] then the president can be a candidate [00:06:08] one more time, yes, one more time, it says. [00:06:11] That is, if the parliament decides to renew the elections, of course, now Article [00:06:15] 116 of the Constitution [00:06:17] did not write such a special [00:06:21] article because it thought that the president [00:06:25] or this parliament would not act against the constitution, its purpose, [00:06:28] and spirit. It did not write a special article about [00:06:32] when an election is early and when it is not, [00:06:35] like whether an election held in the last year is an early election [00:06:38] or not. But it is clear that the framers of the constitution, [00:06:42] that is, what the parliament meant by the phrase [00:06:45] "renewal of the elections," meant this: [00:06:48] a president served for five years, then [00:06:52] became a candidate for a second term, and was re-elected, but [00:06:56] the parliamentary majority is not on his side, and the parliament [00:06:59] convened and decided to renew the elections [00:07:02] in the first year of his term, [00:07:05] and the president's term has expired. [00:07:08] In this case, the president will ultimately have served [00:07:12] 5 + 1 years of presidency, not 5 + 5. [00:07:16] In order to prevent this, that is, in order for him to complete [00:07:20] the 10-year period, the framers of the Constitution [00:07:24] intended that if such a decision is made at the beginning of the term [00:07:27] or at the latest in the middle of the term, then it can [00:07:30] be called an early election, and the president [00:07:33] can be a candidate. In 2017, [00:07:36] when this constitutional amendment was made, I was also [00:07:39] a member of that parliament. Yes, discussions were also held [00:07:43] in this way, meaning that [00:07:47] because it was foreseen that those who would implement the constitution, [00:07:50] that is, the parliament, the president, the Supreme Election Council, or [00:07:54] the Constitutional Court, would not act against [00:07:57] the constitution, no special exception article [00:08:01] was added here, such as if elections are renewed [00:08:03] in the last year, then a president who has served two terms [00:08:07] cannot be a candidate again. A special prohibition article [00:08:10] was not added here. This does not mean that Mr. Erdoğan can be a candidate [00:08:14] in an election that will be held a week or a month earlier, but [00:08:18] they are having this discussion now, so de facto, the term [00:08:22] of the presidency that the constitution [00:08:25] did not foresee, that is, the term rule, becomes 3 terms. [00:08:29] That is, although the constitution does not foresee this, [00:08:32] they want to have these discussions now and cut this off. [00:08:36] In parliament, that is, the current de facto [00:08:39] situation is that they have the opportunity to exceed [00:08:43] the number 360. This alliance of the Justice and Development [00:08:46] Party, the Nationalist Movement Party, and other political parties [00:08:49] or deputies supporting them can reach 360. [00:08:53] Therefore, they have an idea that Mr. Erdoğan [00:08:56] can be a candidate one more time with a decision [00:09:00] taken by the parliament a week, a month, or two months [00:09:04] before its time. But this, in the end, [00:09:08] means that [00:09:11] if you ask any average constitutional expert, [00:09:14] we can very easily state that the constitution [00:09:17] does not foresee this, does not aim for this. [00:09:21] The purpose of these discussions is this: let this discussion be held now, [00:09:24] let it end, and let it be cut off, they say. This is the issue. That is, [00:09:28] he is a candidate one more time, whatever you do, [00:09:31] whatever you say. We have also drawn other constitutional [00:09:35] institutions into our political partnership, such as the Supreme Election Council. [00:09:39] That is, in the end, the Supreme Election Council will decide [00:09:42] whether he can be a candidate or not. [00:09:46] They are having this discussion now because they also have a foreseeability [00:09:49] that these cannot decide otherwise. But an election [00:09:52] is coming our way. Of course, you said you can find [00:09:56] 360. There is a deficit of 30. [00:09:59] Yes, so how will they find it if the AKP and MHP are not enough? [00:10:03] I mean, within the arithmetic of this parliament, [00:10:07] I mean, with independent deputies, [00:10:10] and then other political parties, I'm just stating a possible [00:10:14] prediction, they can reach 360, [00:10:17] I mean, they won't have much difficulty, or [00:10:21] even if they do, they can reach a point of 360, [00:10:25] I think. But now, Mr. Sezgin says that, [00:10:28] of course, for a year, but look, for a year, let me tell you this, [00:10:31] Mr. Sezgin, please allow me to ask my question, [00:10:35] and I will answer you again, please convey your comment. The critical point here [00:10:38] is this: the mentioned date is one month [00:10:42] before the normal election date, meaning they say May 2028, [00:10:46] and they say let's hold it in April and make a decision together now, [00:10:50] or with a certain majority. Now, in a normal [00:10:54] election. A election that is brought forward by only one month [00:10:57] clearly carries no other purpose than to enable Erdoğan to be a candidate again. [00:11:01] Now, when this happens, for example, will the DEVA [00:11:05] Party members support it, will the Future Party members support it, [00:11:09] the Future Party actually eliminated itself, then will the DEN Party [00:11:12] members support it, will the CHP members support it? [00:11:16] That is, for a normal early election, they might [00:11:19] convince some individuals from these parties, but can the deputies of these parties [00:11:22] support a proposal for an election that is only brought [00:11:26] forward by one month from its normal date? Can the [00:11:29] government get their support? Well, [00:11:32] I'm saying this in terms of the current environment. Of course, a one-year, one-and-a-half-year [00:11:36] period is a long time in Turkish politics. [00:11:39] As Mr. Demirel said, even 24 hours [00:11:42] is a very long time in Turkey. Therefore, they want [00:11:46] to reach a number that can guarantee this environment [00:11:49] now. That is, they want [00:11:52] to make a decision with the current [00:11:55] parliamentary structure. That's the reason. [00:11:59] They don't want to leave it for a year later, or [00:12:02] three months before the elections. [00:12:05] They want to guarantee it. I think the reason behind [00:12:09] AK Party-affiliated circles voicing this is this. [00:12:13] I understand. Let's turn to Fikret abi. I say [00:12:16] that they may not find this majority [00:12:20] a year later, or they may find this majority now. [00:12:23] What is being discussed in Ankara? [00:12:33] That is, after Erdoğan's statement [00:12:37] was reflected in the public, that is, after a statement [00:12:41] saying, "Hopefully, we will overcome the upcoming elections," was reflected, [00:12:43] time left until the election, if we ask if they would support [00:12:46] writes about it, or someone from the government side, [00:12:49] this time a voice came from the palace, from Mehmet Uçum and so on. [00:12:53] Let's make it now. Why is this? [00:12:56] There must be a reason for this, Fikret abi, what do you attribute [00:12:59] it to? Yes, Gökmen, I attribute [00:13:03] these discussions and developments to the effort to guarantee [00:13:06] President Erdoğan's candidacy one more time. [00:13:09] That is, he wants to make an early election decision now, [00:13:13] find 360 in the parliament now, and secure [00:13:17] Mr. Erdoğan's third, and even fourth, candidacy. [00:13:21] Since they have a concern that "what if the parliament changes in the future [00:13:26] and we cannot make this decision," they want to make this decision [00:13:29] by taking into account the current distribution [00:13:32] of deputies. This is based on the fact that currently [00:13:36] there is a framework law, a process of "Turkey without terrorism," [00:13:39] that the government is carrying out with the DEM Party. In that process, [00:13:43] if some of Öcalan's expectations are met, [00:13:46] the DEM Party may also support [00:13:49] the AK Party's early election [00:13:52] decision. That is, they want to make [00:13:56] such a decision now they themselves may not have [00:13:59] decided on that yet, but being disturbed. Because currently, [00:14:03] the DEM Party has a closeness to the AK Party [00:14:06] in the context of the "Turkey without terrorism" process, with Öcalan's involvement. [00:14:10] They want to make an early election decision with the support of the DEM Party [00:14:14] before this closeness is broken inaccurate. [00:14:17] Mr. Erdoğan's third candidacy after the transition to [00:14:21] the presidential system, his third presidency. [00:14:30] Are they afraid of an accident along the way in the process? [00:14:33] Yes, there could be an accident. The DEN Party's board [00:14:36] could change. The "Turkey without terrorism" process might [00:14:39] not proceed. The DEN Party might withdraw its support, [00:14:42] and then an early election decision might not be made by finding 360 votes. [00:14:45] And because they have the concern that Mr. Erdoğan might not be a candidate [00:14:49] again, they want to make this decision now [00:14:52] and secure the candidacy, because the current environment [00:14:55] is suitable, the arithmetic is suitable, and the Party's [00:14:59] support continues. This issue is being discussed [00:15:03] within such an approach. Of course, the statement made [00:15:07] by Mr. Mehmet Uçum also gives a direct date: April 16, 2028. [00:15:10] This also shows that Tayyar gives the same date. [00:15:13] Yes, I mean, this actually shows [00:15:16] that the government [00:15:18] is afraid of an early election to be held in the next year. [00:15:22] It is afraid of losing the early election, because the economy [00:15:26] is very bad, prices are rising, [00:15:28] unemployment, minimum wage. It cannot fix these. It thinks [00:15:32] that if it goes to the election in this economic crisis, it will lose. [00:15:35] Therefore, it wants to use almost the entire normal presidential [00:15:39] term, hold an early election on April 16, one month [00:15:42] before the end of the term, and turn it into a parliamentary [00:15:45] decision with the support of the DEM Party. It wants to turn it into a parliamentary [00:15:49] decision so that candidacy can be possible again. [00:15:52] But it also became clear that it is hesitant to go to an early election [00:15:56] during that period, Gökmen, because if it thought it had a high [00:15:59] chance of winning the early election, the AK Party could have made [00:16:03] an early election decision at an earlier date and secured [00:16:06] Mr. Erdoğan's candidacy again. Instead of doing this, [00:16:10] it wants to hold an early election on April 16, 2028, [00:16:13] one month [00:16:16] before the normal date. That is, there is a one-month period compared to the normal period. [00:16:19] Of course, as Mr. Tanrıkulu said, [00:16:22] whether an election one month earlier counts as an early election is another [00:16:26] matter of debate. But we understand that the government [00:16:29] side has a high concern of losing an early election [00:16:33] that will be held earlier. Therefore, they want to make an early [00:16:36] election decision now, before the parliamentary arithmetic changes, [00:16:40] before the stance of the DEM Party changes, and secure the candidacy. [00:16:43] You can say that very easily. Okay, let's look at the parliamentary [00:16:47] arithmetic then. It was in visual number 3, we had prepared it. [00:16:50] What does the parliamentary arithmetic say? Sezgin Tanrıkulu said [00:16:54] that they could reach 360, because 360 [00:16:57] is needed, three-fifths is needed. He [00:17:00] was right to some extent. How? He is somewhat proving Sezgin Bey [00:17:03] right. Is that so? Do you also agree? Somewhat, yes. [00:17:07] Justice and Development Party 280, [00:17:11] New Party 91, DEM Party 56, MHP [00:17:15] 46. If you add up AK Party and MHP, [00:17:18] it makes 280, 320, 326. If you also [00:17:21] add HÜDA PAR, it's around 330. So there are 30 left. [00:17:25] Now, where will those 30 come from? Will they [00:17:28] come from DEM Party members? Will they come from CHP? [00:17:31] Will they come from CHP members? There are 44 CHP members. [00:17:35] They won't come from Good Party members, right, Doğan Hoca? [00:17:38] Will they come from the New Road Group? I mean, will DEVA Saadet come? Doğan Hoca, you're saying [00:17:42] New Welfare. Three of them are outside, of course, not within [00:17:45] the 20. But the independent 11 [00:17:49] people are important. Yes, the independent 11 are important. Yes, and here [00:17:52] there is HÜDA PAR, there is New Welfare, there are 3 TIP, there are 2 Democratic, [00:17:56] 2 Labor Party, 1 Felicity Party, 1 DSP, 1 DSP is also important. [00:18:00] Now, you are asking if they will reach 360. [00:18:02] The possibility is not impossible, [00:18:06] and it's not difficult either, I think. Especially, will the DEM Party members, [00:18:09] for example, I'm saying this excluding DEM. Okay, let me [00:18:13] ask you this, if you allow me. Let's say next month they put this into effect, [00:18:17] they gathered the parliament, friends, [00:18:20] say the name, 2028, on April 16, they said [00:18:24] let's make an early election decision now. They found 360, [00:18:27] they exceeded 360. Do you think [00:18:30] that in such a short time, within one or two [00:18:34] months, if they make this move, will the DEM [00:18:36] Party deputies support this? Can the DEM Party explain this to the public? [00:18:40] I think, because I will repeat the critical point here, an election only one month [00:18:44] before the normal election means only guaranteeing [00:18:47] Erdoğan's candidacy. They can explain this to the public. [00:18:50] Now, for the DEM Party, let's start from there, for the DEM Party [00:18:54] to support this process in this way, it is especially [00:18:57] necessary for some important stages [00:19:00] to be reached in the process that it desires and expects. [00:19:04] That is, it needs to go above a certain level. This framework law [00:19:08] was important. They also gave importance to it and called [00:19:11] for support for it from the public, especially from the democratic public [00:19:15] and intellectuals. But on that issue, they have some [00:19:19] problems with mobilization. There are very serious discussions [00:19:22] within their own public and within the party about [00:19:26] where this process regarding the solution of the Kurdish question [00:19:29] will progress, their expectations and Abdullah Öcalan's [00:19:32] expectations. As you know, some expectations at various [00:19:36] levels have not been met. Because of this, [00:19:39] I don't think the DEM Party would support such a decision [00:19:43] in the current known conjuncture [00:19:46] without a guarantee. When steps are taken [00:19:49] in the process as they wish, [00:19:52] as was the case with the New Party's [00:19:55] support [00:19:57] for the framework law, I say that there will be [00:20:01] problems. That is, since it is also a democratic party, [00:20:05] there will be different voices there. There will definitely [00:20:08] be those who support and those who do not. But I don't [00:20:11] expect the DEM Party to support such a thing [00:20:15] given the current position, because even though the process [00:20:19] is currently going in the direction they want, [00:20:22] the expected returns, amnesty, etc., [00:20:26] the steps that need to be taken, the government is quite [00:20:29] slow on that. The reason for the government's [00:20:32] slowness is also related to the election, because the government has two [00:20:36] concerns. One of them is... [00:20:50] Erdoğan also states this. Now, two things emerged in Erdoğan's [00:20:54] discourse. One is the "overcoming" discourse in his Rize [00:20:57] speech, which expresses concern about the election. [00:20:59] He said, "We will succeed in overcoming it." So, we understand [00:21:03] from that that they thought and discussed it. On the other hand, [00:21:07] the word "overcoming" indicates a concern, that there is at least [00:21:10] a problem. Secondly, he says, "We are also [00:21:13] aware that there is an economic problem and we need to take steps [00:21:17] to solve it." This means that elections are being discussed, and his inner [00:21:26] circle is experiencing economic problems. Now, at this point, it's a bit of a mystery [00:21:30] how quickly they will take steps and get support. [00:21:33] But when you look at this table, ultimately, today, one of the most [00:21:37] important partners of the People's Alliance is the CHP. That's why there are [00:21:41] 44 deputies there. It's not clear how many of these 44 [00:21:44] deputies, through coercion or bargaining [00:21:48] or various means that are now considered outdated. [00:21:51] The number of the 44 deputies who directly positioned themselves [00:21:55] next to Kılıçdaroğlu is not less, right? I mean, yes, [00:21:58] but still it's a small proportion. Since there are 30 deputies, [00:22:02] you don't have to get all 44 of them there. Secondly, [00:22:06] it's not clear if these 11 independent [00:22:08] people will be candidates in the next elections. They are very important. [00:22:12] In such a parliament, in the next election, people who think they will not be nominated [00:22:15] will act a bit more according to their personal and material [00:22:19] interests. I'm not implying that the 11 independent [00:22:22] deputies there are under suspicion, but as a matter of political [00:22:26] debate, they have such characteristics [00:22:29] that we are accustomed to. There is DSP there. [00:22:33] DSP was also a part of the People's Alliance in the elections. [00:22:37] So, when you look at this table, it might not be very difficult [00:22:40] to find 30 votes on top of AKP, MHP, [00:22:43] and HÜDA PAR, excluding the DEM Party. [00:22:47] But if they get the DEM Party, they can do it very easily. [00:22:50] Then the constitutional debate might also come to the agenda, [00:22:53] and they can do whatever they want with the constitution. But I don't [00:22:57] think the DEM Party would get involved in this [00:23:01] much in this position. Let me say a couple more things, of course, but keep it in mind, [00:23:04] I'll come back for another round. This is enough for now. No, say it, but keep [00:23:08] it in mind, because we will discuss this extensively. This issue has more than [00:23:12] one dimension. Please. Okay, okay, then [00:23:16] I also agree with this early election issue. [00:23:18] Of course, there is also a certain hesitation [00:23:22] among the citizens and their base regarding the initiatives taken by the AKP, [00:23:25] the operations carried out by the government, especially in certain [00:23:29] segments. Now, this is a very serious ethical problem, [00:23:32] because there is no clear regulation in the constitution, [00:23:35] but as the law maker [00:23:38] said, even if the early election is held one or two months earlier, [00:23:42] or even a couple of weeks earlier, a chief advisor to the president [00:23:46] said that an early election is an early election, which is probably how they will interpret it, [00:23:50] because right now, the situation that manifests [00:23:54] is whatever they want to interpret. That's why [00:23:58] I agree with Tanrıkulu on that. [00:24:01] Because of this, this election debate [00:24:05] has now come to the fore, so Uçum's statement [00:24:08] or Tayyar's statements are important [00:24:11] because this shows that we have entered the election period, [00:24:15] and those circles that were previously in the background [00:24:18] they are concerned about. [00:24:32] Selvi draws attention to the economic dimension and 5 in [00:24:36] the visual. Let's [00:24:38] convey [00:24:40] it. So, it won't be like this, says Selvi, trying to convey this. [00:24:44] Okay, so the election should be brought forward, etc., late 2027 [00:24:48] or early 2028, but? "Yes, Turkey's course is now an election," [00:24:52] he says. I'm surprised he didn't write about İmamoğlu, very interesting, he didn't write today, [00:24:56] I was surprised, I was very shocked. Pensioners, who form the AK Party's [00:24:59] voter base, minimum wage earners, and tradesmen [00:25:02] are in trouble. Look, it's important that Selvi is aware of this. [00:25:06] He knows it's in trouble. Pensioners [00:25:09] represent a mass of 17 million people. It's clear how pensioners gave a lesson in the local elections. [00:25:13] Demirel, after 50 years of political experience, said that there is no government that the pot cannot overthrow. [00:25:17] For this reason, the AK Party has no choice but to fix the economy. President Erdoğan [00:25:21] said at the AK Party's Central Decision and Executive Board meeting that there are economic [00:25:24] problems and we are aware of them. We are working to solve them. We have [00:25:28] instruments to solve these problems. We will fix the economy. So, Erdoğan [00:25:31] must have said at that meeting, we have [00:25:34] instruments to solve this problem. Mr. Murat, do they [00:25:38] have instruments to solve this problem? [00:25:41] On the one hand, this economic picture is not just [00:25:44] about the economy. You know, it's constantly talked about [00:25:48] the dimension stemming from the legal situation in Turkey [00:25:52] and preventing capital inflows. Uh, yes. [00:25:55] whether it's the beginning of 2028 [00:25:59] or the end of 2020, whichever it is, [00:26:03] as he said, can they go to an election in a way that can win the hearts [00:26:07] of those 17 million pensioners? No, they can't. [00:26:10] I always repeat the same thing, so I was closing the door [00:26:13] to the possibility of an early election. So, [00:26:17] the relationship between economy [00:26:19] and democracy needs to be described like this: [00:26:23] since the situation on that front, the democracy front, [00:26:27] is not good, we see a deterioration on the economy side. [00:26:30] But as the economy side deteriorates, we [00:26:34] see a more authoritarian regime there, and it will be like this. [00:26:38] If they can't get it from this side, they limit your room for maneuver [00:26:41] from the other side. Their seizing municipalities, their [00:26:44] making it impossible for municipalities to produce policies [00:26:47] was because of this. I have been emphasizing the same thing [00:26:51] since the local elections, [00:26:54] made the right moves back then. It entered [00:26:58] areas where it could directly contact the public, and seeing that it gained points [00:27:01] there, it increased its effectiveness and directly tackled [00:27:05] the implementations in this social policy area. So, [00:27:08] it drifted into a path that prevents its rival from producing policies. [00:27:12] Now, the upcoming process presents such a picture. So, that's why [00:27:15] I don't really believe [00:27:19] that democratic steps like the resolution process [00:27:23] and such, which would complete this, can be taken in the area of democracy. [00:27:26] Unfortunately, I might be painting a somewhat pessimistic picture for you, [00:27:30] but we are in a global economy. I've put aside the failure [00:27:33] of the national economy, the deviation of the inflation fighting program [00:27:37] from its targets, etc. There's a serious failure internally, [00:27:41] and I absolutely think it's wrong [00:27:44] to blame a single person for this. It's not Mehmet Şimşek; [00:27:48] Erdoğan is at the helm, because we're talking about [00:27:51] a process where politics and economy go hand in hand. [00:27:55] The main reason why capital doesn't enter, [00:27:58] why permanent capital inflows don't occur, [00:28:01] is political instability. And you will appreciate that this is not represented [00:28:05] by one person. If there is one person at the top, it's not Mehmet Şimşek, it's Erdoğan [00:28:09] himself. Now, look, there's a situation where [00:28:12] the target has been largely missed, and [00:28:16] for a return to an election economy, inflation needs to be brought under control [00:28:19] to some extent. It seems there's stubborn inflation [00:28:22] at 30%, and not much progress is being made there. [00:28:26] And it seems not only 2026 but also 2027 won't be easy in that area. [00:28:30] When we look at the global economy, [00:28:34] look, yesterday the Fed raised interest rates. It seems highly [00:28:36] likely that there will be another interest rate hike by the end of the year. [00:28:40] And the possibility of interest rate hikes [00:28:44] continuing next year is quite high. [00:28:47] We are facing a global inflation wave. We will probably [00:28:50] talk about those in later sections, but [00:28:53] here, the price of this engine... Yes, [00:28:57] but these are all connected. The man attacked Russia, [00:29:00] hit and destroyed five refineries, and Russia is the most important [00:29:03] diesel producer in the world. Especially, Russia is the main producer [00:29:07] of the diesel we import. [00:29:10] This affected us most of all. So, while diesel prices [00:29:14] increased globally, they increased even more in our country. [00:29:17] But on the other hand, there's also the Trump factor. We're talking about an incredibly [00:29:20] strange leader, incredibly inconsistent. Two days ago, the man lashed out at Ukraine, [00:29:24] saying, "What are you doing? You've turned global markets upside down! [00:29:27] Stop hitting the refineries!" He himself had hit refineries in Iran [00:29:31] before. So now, all refineries, of course, [00:29:34] don't produce diesel at the same rate, but Russia was very critical here. [00:29:38] Those five refineries played an important role. But both in Iran, the ones hit in Tehran, [00:29:41] and the refineries that Iran hit [00:29:45] on the other side, all of these together, [00:29:48] we see the results of the war triggered by Trump. [00:29:52] And the reason for its rise more than in Europe [00:29:55] is that these are transported by ships. There's also this ironic [00:29:58] side to it: these ships also burn diesel. That's why diesel [00:30:01] is important. Now, for Europe, what is it? [00:30:03] 15-20% or so. It's lower in America, but agriculture uses diesel, [00:30:06] motor fuel. Industry uses motor fuel. [00:30:10] Transportation uses motor fuel. That motor fuel is brought [00:30:14] by ships that use motor fuel. So transportation costs [00:30:17] also become more expensive. Now, in terms of global production [00:30:20] conditions, in terms of supply chains, a very serious problem [00:30:24] is being experienced. It's not possible to solve this in the short term, [00:30:27] because you can't immediately substitute this production capacity, [00:30:31] open new refineries, or immediately replace [00:30:35] the lost capacity in existing ones. What I see... still, [00:30:38] they say one year. Because of this, some of these price increases [00:30:42] seem permanent. In an environment where [00:30:45] inflation is not falling, where this upward movement in inflation [00:30:48] is permanent, central banks try to get ahead of it by raising interest rates. [00:30:52] Now, can you imagine what would happen [00:30:56] to a Turkey that lowers interest rates in a period when the world [00:30:59] is raising interest rates? I will say you can. Because we also [00:31:02] tried this and saw how the Turkish economy was dragged [00:31:06] into a dead end. I don't think they'd want to repeat [00:31:09] this. This time, the cost will be very heavy, [00:31:12] because unlike before, they took low inflation [00:31:16] and brought it to a very high level. Today, they already [00:31:20] have high inflation that they can't bring down. If they push this even higher, [00:31:22] it would be a very bad election scenario. They had some room for maneuver [00:31:26] there. They had managed to carry out the election by increasing [00:31:29] the minimum wage and so on, by artificially increasing [00:31:32] wages for a while. Because it must be said, [00:31:36] some friends also discussed at that time, [00:31:39] "Oh, the pot was bringing down the government," [00:31:43] but it didn't, my friend. What the pot did was this: the man [00:31:46] had a real gain in wages at that time, there was no loss [00:31:50] there. We said that inflation would cause this loss [00:31:53] in a very short time, and then we saw it in the next 6 months. [00:31:57] After that, another 6 months, [00:32:00] meaning that the inflation gain that citizens [00:32:03] would be exposed to after winning the election [00:32:07] would erode it, we said. You said [00:32:10] it, and that's what happened. So now, in 6 months, [00:32:14] can they make such reliefs again, Mr. Murat? [00:32:16] Now, this is the goal. As they enter the election, [00:32:20] we will probably see the steps of this from the second half of 2027 onwards. [00:32:24] The credit market will start to expand. Now, with these operations, [00:32:27] they are also doing some cleanup, clearing the way. Now, foreign [00:32:31] capital wouldn't enter the stock market in this state. [00:32:33] Now they will clean up those places a bit, they will make room. [00:32:37] However, in such a situation, this expansionary [00:32:39] policy will have very serious inflationary [00:32:43] consequences. Currently, [00:32:46] entering such an election process with very high inflation [00:32:49] also has high costs and is unsustainable. What was the problem [00:32:53] last time? Reserves. So, you also need to keep the exchange rate stable. [00:32:56] You can't let the exchange rate go, because when you do, [00:32:59] it directly affects citizens' pockets. So, you also need to keep the exchange rate stable. [00:33:03] That's why reserves need to be strengthened. Currently, Turkey is not ready [00:33:07] for such an election process. The picture is very negative [00:33:09] in international markets. It's not possible to say that it will be better [00:33:12] in the second half of 2027, etc., but at least [00:33:16] they will want to gain time until then. If not, option B [00:33:19] is to eliminate the opposition. By "eliminate," I don't mean an election without an opposition party, [00:33:23] of course, but a situation where they can choose the candidate they want. [00:33:26] So, when you look at the picture [00:33:29] we just talked about here, yes, not all of CHP, [00:33:32] there are people we know very well there, some of whom are staying there [00:33:36] because Kılıçdaroğlu won't be permanent and it's good for their own political careers. [00:33:39] They can pave the way for them, but some of them will no longer [00:33:43] have a political career. In significant numbers here, [00:33:47] now, a person who says yes to such an offer from the AKP [00:33:50] will no longer have a chance in left-wing politics. [00:33:54] They can probably gather some from there. They might find such support from the "new way" group [00:33:58] as well; they shook that quite a bit, they reduced those they could reduce. [00:34:01] But something could happen from there as well. I think the first option [00:34:04] is to secure it from there. You think they can find 360, right, hocam? [00:34:08] I thought they could find it from there, but what Fikret Bey said is very [00:34:11] true. Well, why would you try to determine [00:34:15] a future date from today? [00:34:19] It might be a weak argument, but a very [00:34:22] Kılıçdaroğlu'nun kalıcı olmayacağı ve kendi siyasi kariyerleri [00:34:26] açısından iyi olduğu için orada duruyorlar yani önlerini açabileceği [00:34:29] için ama bir kısmının da artık siyasi kariyeri olmayacak [00:34:33] buradaki önemli sayıda, şimdi AKP'nin [00:34:36] zaten böyle bir teklifine evet diyen bir kişinin [00:34:40] artık solda siyaset şansı olmayacaktır, oradan [00:34:44] bir kısmını devşireb. "Yeni yol grubundan da belki böyle bir destek [00:34:48] bulabilir, orayı bayağı bir salladılar, düşürebildiklerini düşürdüler [00:34:51] ama, oradan da bir şey olabilir, bence de birinci seçenek [00:34:54] oradan onu sağlamak, 36'ı siz de bulabileceklerini düşünüyorsunuz değil mi hocam, [00:34:58] weak argument. [00:35:02] "To alleviate the unrest in the markets." For God's sake, [00:35:05] when you look at the unrest in the markets, only a small part of it [00:35:09] is due to the expectation of an early election. Markets are not fluctuating because [00:35:12] of the expectation of an early election. The reason foreign capital is not coming in [00:35:16] is not the expectation of an early election or anything like that. The main issue [00:35:19] is this: it means they think this support [00:35:23] will not be permanent, and they are trying to guarantee it. [00:35:27] What kind of support might not be permanent here? [00:35:30] The DEM side. As we always say, [00:35:34] this "resolution process" [00:35:37] an external concern side and an internal concern [00:35:40] side. There was no question of patriotism or the nation in any of this. [00:35:44] This was entirely part of the government's [00:35:47] search for a way to stay in power, and therefore, [00:35:51] we knew they wanted this support in exchange for [00:35:53] certain promises and pledges. Perhaps they will try to tie this up, [00:35:56] but I agree with Doğa on this too; this is not [00:35:59] a party like CHP. The party I'm talking about [00:36:03] is a party that is ideologically consistent within itself. [00:36:05] Without seeing some concrete promises being fulfilled and steps being taken, [00:36:09] they won't give that support. [00:36:12] Okay, İsmail Emretelci, is the government trying to put [00:36:16] the early election in its pocket? Are they saying, "Let's make a decision on this [00:36:19] from the parliament, and it's not even that early, it's just a month before the election. [00:36:23] Let's put that in our pocket, and then let's look ahead"? [00:36:26] What's your comment? Well, they're doing something like this: [00:36:29] the constitution is clear. Mr. Tanrı Kulu said this. [00:36:33] Let me do this for him: there is a concept called "ratio legis," [00:36:36] fitness for purpose. What is the purpose of this constitutional rule? [00:36:40] Now, let's say Erdoğan is in power. [00:36:43] Despite Erdoğan, the parliament, [00:36:47] without Erdoğan's support – because his term [00:36:50] of office is still continuing, he was elected – [00:36:53] the parliament said, "I want to have an early election." [00:36:57] And it reaches a majority of 360 in some way. [00:37:01] But Erdoğan is in power. Erdoğan doesn't support this. [00:37:04] They want to go to an election. Now, the constitution says [00:37:07] that if a 3/5 majority [00:37:10] in parliament makes such a decision, [00:37:13] an early election will be held under those conditions. [00:37:17] This is what we mean by "fitness for purpose" for this rule. This is the purpose [00:37:21] of this rule. So, an early election [00:37:24] or a brought-forward election happens despite you being in power. [00:37:27] This is the rule. Now, [00:37:31] can we say that Erdoğan will not support such a decision [00:37:34] that the parliament will make? [00:37:37] Such a thing is not possible. This would be a decision [00:37:41] entirely dependent on Erdoğan and made according to Erdoğan's directives. [00:37:45] Now, don't look at these people with advisor titles, [00:37:49] or some ally of the alliance, or the small partner of the government. [00:37:51] You know, they have all sorts of partners. Don't mind them expressing these things, and don't mind Erdoğan not speaking out. [00:37:55] After all, that party has a general chairman. The AKP has 280 deputies, [00:37:58] and there's no chance of an early election decision [00:38:02] that Erdoğan doesn't want. Therefore, [00:38:05] if such a decision is made, it will be a decision entirely [00:38:09] against the constitution. But what I'm saying is valid [00:38:12] in regimes with normal constitutional jurisdiction or in regimes [00:38:15] where the High Election Council is truly independent. [00:38:19] We know there's no such regime without one. So, can Erdoğan [00:38:22] make this decision? He can, and then he can say, [00:38:25] "This decision was made despite me." [00:38:27] He can say that too, he can convince his base of it. [00:38:31] But everything, [00:38:35] as stated before, has this situation. What did Ton Barak say? [00:38:39] He needs legitimacy, he says, because he knows [00:38:42] he cannot do such a thing without legitimacy. Therefore, [00:38:46] Erdoğan also does not want this to be the case. Today, [00:38:48] you know, when Erdoğan went to New York for the United Nations [00:38:52] General Assembly, he announced today that he would meet with Trump. [00:38:55] Yes. Yes. He needs legitimacy. [00:38:58] So, how will he provide this legitimacy now? [00:39:01] Now, in the "Turkey Free of Terror" vote, such a picture emerged. [00:39:05] It passed with a very large vote. Now they saw that, [00:39:07] actually, the purpose of the votes [00:39:09] was not support for the AKP. [00:39:13] It was a vote given [00:39:14] for the guns to fall silent, for the bloodshed to stop, [00:39:17] for a path to be entered, for the wheel of history to turn forward. [00:39:20] But the Justice and Development Party government [00:39:24] always tries to deceive itself, and says, "I can find the legitimacy [00:39:27] I'm looking for right here, right now." [00:41:17] that doesn't even stop there, or they make this decision [00:41:20] and this time they try to eliminate the opposition, [00:41:24] meaning, the pressures and moves [00:41:27] they have made against the opposition so far, perhaps a more intensified [00:41:31] version of these could follow. We will discuss this section separately, [00:41:35] because in Nuray Babacan's backstage news, [00:41:38] both in terms of candidacy, to confuse people in terms of candidacy, and by putting more pressure on the new party, [00:41:42] by making more moves, we will talk about what awaits us in that section. [00:41:46] But let me see what our viewers are saying, and then let's listen to Sezgin Bey. [00:41:49] Look, he says, "The Erdoğan we know [00:41:53] doesn't enter an election he will lose. [00:41:56] meşru olmayacağının farkındalar dolayısıyla meşru [00:42:00] olmayan bir yapı ekonomide ne de [00:42:04] diğer alanlarda hükmünü böyle istediği [00:42:07] gibi eee doğrultamaz halka. [00:42:10] uygulayamaz, bunun bilincinde olduklarını düşünüyorum, peki şimdi [00:42:12] aslında Murat Birdal hocam az [00:42:16] önce yorumunda hani belki de bununla [00:42:19] da yetinmeyip ya da bu kararı alıp bu kez de [00:42:22] muhalefeti eee yok etmek yani muhalefeti yok etmek anlamında [00:42:26] muhalefete yönelik şu ana kadar yapmış oldukları bir takım [00:42:29] baskılar, hamleler belki bunların daha da katmerlisine gidecek bir [00:42:33] süreç olabilir, bu bu bölümü ayrıca konuşacağız, [00:42:36] çünkü eee Nuray Babacan'ın bir kulis haberinde. [00:42:44] hem adaylık anlamında adaylık anlamında insanların kafasını karıştırmak hem de [00:42:47] yeni partiye daha eee yüklenerek daha da fazla hamleler yaparak o [00:42:51] bölümde konuşuruz bizi neler bekleyebilir eee ama [00:42:54] izleyicilerimiz [00:42:56] ne diyor ona da bakayım ondan sonra Sezgin beyi dinleyelim bakın diyor [00:42:59] ki eee bizim bildiğimiz Erdoğan [00:43:03] There's another calculation here." [00:43:06] Yes, this is something that is said very often, but after all, he enters an election. [00:43:14] onu bir şekilde şu an kaybediyor gibi görünse de anketlerde acaba [00:43:17] kazanabileceği [00:43:20] bir şekle başka türlü dönüştürebilir mi? bunun arayışlarının olduğu [00:43:23] söyleniyor. Osman Ahunbay diyor ki, sanki çocuk [00:43:26] kandırıyorlar diyor. Bu şeyle ilgili enstrümanlarımız var, [00:43:30] Erdoğan demiş ya ekonomi düzeltecek enstrümanlarımız var [00:43:33] diye, yani Selvi bunu duyuruyor AKP MyK'sında. O da [00:43:37] diyor ki, sanki çocuk kandırıyorlar, madem enstit. [00:43:42] Even if he seems to be losing now in the polls, can he [00:43:46] transform it into a shape where he can win in another way? [00:43:49] It is said that he is looking for this. Osman Ahunbay [00:43:53] says, "It's like they're fooling children." This is about [00:43:56] "we have instruments." Erdoğan said, "We have instruments [00:43:59] to fix the economy." So Selvi is announcing this [00:44:02] in the AKP MYK. He says, "It's like they're fooling children. [00:44:06] If you had instruments, why is the economy in this state?" [00:44:10] In other words, "You have instruments, but there's no artist to play them?" he says. [00:44:14] Uh, he says, "This is not happening." [00:44:17] He said it very well. Then Hatice Karahasan said [00:44:20] that she thinks the reason they are trying to determine [00:44:23] the election date so early is this: [00:44:26] due to pressures and bad governance, [00:44:30] that is, to suppress the public's anger by giving an election date. [00:44:33] She thinks that's the reason. Then Tayfun Baran says, "Mr. Tanrıkulu [00:44:37] talks about the YSK, but, you know, [00:44:41] elected officials are arrested without trial, [00:44:44] what will the YSK do, etc.?" In this environment, [00:44:48] Yelda Öztürk also said, "Honestly, they are the ones who buttoned it wrong, [00:44:51] we are the ones paying the bill. We demand our right to urgent, tiered retirement." [00:44:55] Faruk Avşar also said, "We are in a transfer period that never closes. The government will find 360." [00:44:59] Transfers never end. "The quality of politicians but let it not have [00:45:02] the ambition to change the government, that is, not be in that position. [00:45:06] Now, what happened to the CHP, what happened to us... [00:45:09] Look, after March 31, 2024, [00:45:12] first they designed the judiciary. [00:45:15] They built a judiciary in places where they would conduct operations. [00:45:19] They created a judicial system that would conduct their own operations. [00:45:23] Uh, they adjusted the security bureaucracy accordingly, and they adjusted [00:45:26] the administrative bureaucracy accordingly. And on [00:45:29] October 30, 2024, they pressed the button. [00:45:32] They accused the CHP of collaborating with terrorism. [00:45:36] When they didn't get a result from that, they started the operation in Istanbul [00:45:43] on March 19. Look, if they had gotten a result [00:45:46] from the operations on March 19, 2025, if the CHP, Özgür [00:45:49] Özel's administration, had stayed at the CHP general headquarters, had stayed in Ankara, [00:45:53] and had lost its claim to be the first party, [00:45:56] there would have been no need for that operation on May 21, 2026, [00:46:00] that unlawful operation called "absolute plunder." But they didn't get a result. [00:46:02] Within a 14-month period, this time they came and seized the CHP [00:46:06] unlawfully. So, one [00:46:10] he won by one and a half votes in the second round, so it was a risky election for him. [00:46:13] In the 2024 local elections, the Justice and Development Party, the absolute loser, [00:46:17] lost at the ballot box even in this autocratic environment. [00:46:21] After that, after March 2024, they are trying to transform the regime into this: [00:46:24] all their actions are for a guaranteed autocracy, [00:46:27] meaning, let there be elections, but let the result not change. Let there be opposition, [00:46:30] değişmesin muhalefet olsun ama iktidarı değiştirme [00:46:34] iddiası olmasın yani o pozisyonda olmasın [00:46:38] şimdi yani Php'nin başına gelenler bizim başımıza gelenler [00:46:42] bu bakın 2024 31 Martından sonra [00:46:45] ilk önce yargıyı dizayn ettiler operasyon [00:46:49] yapacakları yerlerde bir yargı inşa ettiler kendi. [00:46:52] operasyonlarını yapacak bir yargı düzeni oluşturdular, [00:46:56] eee güvenlik bürokrasisini buna göre ayarladılar ve idari [00:47:00] bürokrasi de buna göre ayarladılar ve 31 [00:47:03] eee 30 ekim 2024'te düğmeye bastılar, [00:47:07] işte CHP'yi terörle işbirliği yapmakla [00:47:09] suçladılar, ondan bir sonuç almayınca da 19 Mart'ta [00:47:13] İstanbul'daki operasyona başladılar. Bakın 19 [00:47:16] Mart 2025'teki operasyonlardan sonuç [00:47:19] alsaydı, CHP Özgür. [00:47:22] özel yönetimi CHP genel merkezinde [00:47:25] kalsaydı, Ankara'da kalsaydı, birinci [00:47:28] parti olma iddiasını kaybetseydi, 21 Mayıs [00:47:32] 2026'daki [00:47:34] o operasyona, mutlak Bultan denen hukuk dışı operasyona gerek [00:47:37] kalmazdı. Ama bir sonuç alamadılar, 14 aylık süre [00:47:41] içerisinde bu kez geldiler, CHP'ye el koydular, hukuk dışı [00:47:45] by court order, [00:47:48] even if a judge, a panel has ruled. "It is not [00:47:52] a legal decision, I mean, it may be formally a court [00:47:55] but it is not a legal decision, it is null and void in my [00:47:58] opinion, and they seized the CHP leadership [00:48:02] with that decision. Now, [00:48:06] on July 24, a new party was founded, this party [00:48:09] years, see this, they [00:48:12] are trying to take its importance now, whether it is the opposition, [00:48:16] yes, they are looking for political legitimacy, as [00:48:19] İsmail said a little while ago, "command," [00:48:23] it must be legitimate, but that political legitimacy [00:48:26] should not be strong enough to change [00:48:29] Erdoğan and this government, this is what they want to do, [00:48:32] they are spreading this fear, what fear are they spreading, [00:48:35] they are trying to spread this idea, today, even the bath attendant says this, [00:48:39] the shopkeeper says this, they won't leave, they won't [00:48:42] give up, or an AK Party voter [00:48:46] who has broken away from them is trying to say this, that [00:48:49] no one but Erdoğan can govern this country. With [00:48:53] so many troubles inside and outside, [00:48:57] they are trying to create a two-sided fear, a weariness, [00:49:01] and we are dealing with these, we are trying [00:49:05] to do this, we are telling [00:49:07] both AK Party voters and voters who have broken away [00:49:10] from the AK Party that Turkey cannot be governed worse than this, [00:49:14] it cannot be worse, how can it be worse, you have [00:49:18] been in power for 25 years, with 100 liras, [00:49:21] 100 liras, not even one [00:49:26] fuel. Oh, here, sorry, you were just showing it, show it again. Yes, [00:49:30] not even one liter of fuel comes. In [00:49:32] 2009, the Justice and Development Party was in power, [00:49:36] they put this money into circulation, [00:49:39] when they put it into circulation, 40 liters of fuel came with it, [00:49:42] now you can't even get 1 liter. So they were there then, [00:49:46] now the citizens, I mean, young people, new [00:49:50] voters, etc., don't know about this, people forget, [00:49:53] as if when this money came into effect in 2009, there was [00:49:57] another government in Turkey, or there are so [00:50:00] many operations every day, every day in some [00:50:03] place, I mean, against gangs, etc., [00:50:06] I mean, okay, but I mean, these, I mean, [00:50:10] the government didn't change a year or two ago, this government [00:50:13] was in power, I mean, in the end, what [00:50:17] happened in the stock market, [00:50:20] I mean, these have been happening for a year or two. You shared [00:50:24] a queue on social media today from Diyarbakır, what was that? Well, [00:50:27] look, believe me, my heart aches, really, [00:50:31] I mean, in the end, in the whole world, it is thought that when [00:50:34] a retiree retires after a service, they should [00:50:37] live in peace, they should eat their fill [00:50:41] with dignity and peace, I mean, they should not have [00:50:44] any worries about the future, etc., I mean, they should [00:50:48] live in security, they should live in good health conditions. [00:50:51] After working for 25, 30, 40 years, now in Diyarbakır, [00:50:55] look, there are queues [00:50:58] every day in front of the Meat and Fish Institution's sales office, [00:51:02] every day, people get up at [00:51:04] 5 in the morning for the ticket queue, sorry, [00:51:08] Mr. Sezgin, my [00:51:12] director couldn't reach me, but I have to go to commercial, [00:51:15] I didn't hear it. [00:51:18] My heart really ached, I will tell you about this later, [00:51:20] okay. 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Now, we talked [01:00:42] before the break. Why did Mehmet Uçum say that Erdoğan [01:00:45] will be the President for the last time? It is suitable [01:00:49] for April 16, 2028, [01:00:53] that is, one month before the normal election date, April 16 is important [01:00:57] and symbolic, it is the anniversary of the acceptance of the referendum [01:01:01] for this new presidential government system. Why did [01:01:03] he say these things, and other names accompanied [01:01:07] him while he was saying them? Abdülkadir Selvi also [01:01:10] said it could be the end of 2027 or the beginning of 2028. Şamil [01:01:13] Tayyar said he heard from AKP members [01:01:16] that April 16, 2028 is seen as the first [01:01:20] round, and April 2 as the second round for the presidential [01:01:23] election on April 16, and [01:01:26] this decision should be made now, that is, it would be good if the decision [01:01:30] that there will be early elections in April 2028 [01:01:33] is made now. This discourse has emerged [01:01:37] as a new discourse. We are discussing what is behind [01:01:40] this. Mr. Sezgin Tanrı was talking, of course, there is [01:01:43] also an economic dimension to it, because without the economy improving, [01:01:47] retirees, workers, these people, without [01:01:51] taking a slight breath, the government does not have [01:01:54] the chance to go to elections easily. He shared a queue [01:01:58] in Diyarbakır today, he was explaining it, [01:02:02] we went to commercial. What kind of queue was it, Mr. Sezgin, can [01:02:06] you briefly explain it? Very briefly, the Meat and Fish [01:02:09] Institution sells meat cheaper [01:02:12] in its organized sales stores than the market, [01:02:16] than markets and butchers. Ground meat is 400 lira, [01:02:20] diced meat is 440 lira, this [01:02:23] is the price, retirees, [01:02:26] most of them elderly people, those I spoke to. [01:02:31] To buy 1 kilo of ground meat and 1 kilo of diced meat, [01:02:34] they queue up at 5 in the morning, [01:02:37] they wait, they get a ticket at 8:30, [01:02:40] and at 9:30, they queue up again, and [01:02:43] if there is still meat [01:02:46] left, they try to get meat. [01:02:50] So, for a discount of 300-400 liras, [01:02:53] retired people, elderly people [01:02:56] in the morning, and a few people said, we come here after [01:03:00] morning prayer and queue up. They expressed these concerns, [01:03:04] look, Mr. Sezgin, you will say this, tomorrow or the next [01:03:07] day they won't sell us this meat either, they eliminated this queue so it wouldn't [01:03:10] be seen, we won't be able to buy this meat. They also expressed [01:03:14] such a concern. Well, look, we are talking about [01:03:17] a system of poverty where people queue for hours [01:03:20] to buy 1 kilo of ground meat for 200-300 liras [01:03:24] cheaper. There is such a system, [01:03:27] and the average pension is 23,000 [01:03:30] liras, 27-28,000 liras, [01:03:34] and there are 17 million people, [01:03:37] I mean, retirees, do they not see these? What [01:03:41] did Mehmet Şimşek say just yesterday? He said, when the time [01:03:44] comes, we will make an inflation adjustment. Which inflation? [01:03:48] TÜİK's inflation, ENAK's inflation, or the real market's [01:03:51] inflation? Which one will you use? If they make an inflation adjustment [01:03:55] according to TÜİK, it will be 30%, 23,000 liras will be [01:03:59] 30,000 liras, what will that be enough for? [01:04:02] Therefore, they cannot fix this situation. So, [01:04:06] as I tried to express, Figen [01:04:09] put it conceptually and [01:04:12] said to secure it. In the end, [01:04:16] they are trying to create the conditions for Mr. Erdoğan [01:04:19] to be a candidate one more time and to be re-elected [01:04:22] in this oppressive environment by opening this discussion now [01:04:26] and trying to get such a decision made with 360 votes [01:04:30] in the parliament. This is what they are trying [01:04:33] to do. Look, as our teacher said [01:04:36] earlier, what happened in the stock market, [01:04:39] I mean, even those who follow the stock market [01:04:43] from afar knew that it would burst [01:04:45] somewhere, that small savers [01:04:49] would lose money, that [01:04:52] big companies' funding source was not banks, [01:04:56] but the stock market, that there was a squeeze somewhere [01:05:00] and it would burst. Now, if those who follow the stock market [01:05:04] from afar see this, how do those [01:05:06] who created it not see it? And [01:05:10] those who suffered damage are small savers, [01:05:13] I mean, those who invested 300,000 or 500,000 liras [01:05:16] of their savings there and tried to contribute to their [01:05:20] budget, I mean, people [01:05:23] whose economy is more balanced, these people [01:05:27] suffered damage again, they suffered damage again. [01:05:30] Thousands, tens of thousands, maybe hundreds of thousands of people [01:05:34] who joined and trusted the stock market in this way suffered damage [01:05:37] from this situation, it is not clear how much more damage [01:05:40] they will suffer. Well, I will turn to Ms. Figen, [01:05:43] but Professor Murat, will the losses of those [01:05:46] small investors be covered, how will it work? [01:05:49] There is a Nasreddin Hoca anecdote, right? [01:05:53] I mean, if you don't believe [01:05:55] it was born, why don't you believe it died? I was looking at a stock [01:05:59] certificate just now. It gained 20,000% in 3 [01:06:02] 20,000%. Look, [01:06:06] now, to such an investment tool, [01:06:10] it came out like this, as Mr. Sezgin said, [01:06:13] there are some funds, and everyone knew [01:06:16] that the stocks that these funds invested in performed [01:06:20] very well, and everyone was trying to follow them. [01:06:23] So, there is a process going on where there are groups on Telegram, [01:06:27] etc., they join these groups, and certain [01:06:31] people say they get tips from these funds, [01:06:34] from fund managers, and tell them to jump in. If it works [01:06:37] once or twice, you have to carry the stock, [01:06:41] you will enter the stock, but then you will have [01:06:44] to make others carry it so you can exit. That's how the mechanism [01:06:48] works, first they enter, they drive it, then [01:06:52] other people jump in, etc. I won't name [01:06:55] names now, but the names are already out there, they jump in [01:06:59] because these people entered. So, there was such a process [01:07:02] in the stock market, especially recently, [01:07:06] very intense movements, and these funds [01:07:10] that carried them were known to everyone. [01:07:13] If you ask why we were dragged into such a process, I think [01:07:16] that's the most important thing, citizens couldn't [01:07:19] protect their small savings against high inflation. [01:07:23] I talked to a lot of people today, most of them retirees, [01:07:26] there are students, a group of people with small amounts of money. [01:07:42] With its winnings, a search began, and of course, [01:07:46] they turned to these stock-heavy funds [01:07:49] in the face of incredible returns. Normally, [01:07:52] while the returns of the IMKB 100 index [01:07:56] funds remained very low, when these incredible [01:08:00] returns, as I just mentioned, emerged, it [01:08:03] also appeared as an attractive element to citizens. [01:08:06] Now, the reason I started with the phrase "will they [01:08:10] get their losses back" is that just as it went up, [01:08:14] it can also fall. The value of these funds is tied [01:08:18] to these stocks, so now these funds are being liquidated, [01:08:21] so there will be gradual selling. Many of [01:08:24] their boards are currently opening [01:08:28] at the floor, there is no buying side right [01:08:32] now, I mean, there are no buyers, only sellers. [01:08:35] At what values they sell, they will write [01:08:38] that down, a pool will be created from that average, and [01:08:42] then the collected money will be paid. For those who [01:08:46] placed a sell order before 1.5 yesterday, it seems [01:08:49] that a debt will be written for them, an advance payment [01:08:52] will be made to them, and then it will be divided among the others, [01:08:56] it seems. Yes, but how it will be done, we will see, [01:08:59] but who will pay for the fund's money? The fund's money is [01:09:03] in the fund, let's not say it's coming from the state, [01:09:06] but for example, this participation house, yes, [01:09:10] I mean, these savings finance [01:09:19] companies are negotiating to acquire it. What will happen to those who suffered losses there? Those who suffered losses there, [01:09:23] well, it seems the state will cover it. So, [01:09:26] their situation is actually savings finance, [01:09:30] so their purpose is savings, since it's savings, [01:09:34] it's most normal for [01:09:37] their money to be paid, I mean, it's most normal [01:09:41] for the public to cover it, I mean, when I say normal. [01:09:44] In this sense, now, if the topic comes up, [01:09:47] we will say it, those who overlooked this, [01:09:51] those who overlooked this, they overlooked it in an organized [01:09:55] way, because Mehmet Şimşek made a statement last year [01:09:57] that there is manipulation in the funds, and [01:10:01] measures need to be taken. It's been more than a year, [01:10:04] right, professor, they waited. What were you waiting [01:10:08] for? I mean, we will talk about that when the time comes, [01:10:11] that's a different thing, but let me ask the professor, [01:10:15] because I am also curious, now funds declare default. [01:10:18] Now, when they declare default, someone has a loan payment, [01:10:21] someone else has another payment, I mean, people, [01:10:24] in the end, there are those who will not be able to [01:10:28] get their money even if they sell before 13:30 and [01:10:31] it's fixed. Also, as announced, there are prices that [01:10:35] are inflated excessively due to stock speculation, [01:10:38] way above their value. Now, [01:10:42] for example, there are people who buy a 5 lira stock for [01:10:46] 50,000 liras, I'm just giving an example. Now, [01:10:49] if this person [01:10:52] places a sell order even before the hour, [01:10:55] and this fund cannot pay it, what [01:10:58] will happen, they won't get their money. Yes, but funds, [01:11:02] but no, before the hour, even if they give it, professor, I'm saying that up until now, [01:11:05] there are those who got their money the day before, [01:11:09] and they were also called back. I'm not even talking about [01:11:12] what happens after that, I'm not talking about after 13:30 [01:11:15] at all. I've seen some explanations [01:11:19] that say a debt will be written, and they have [01:11:22] already recorded it separately in their accounts, [01:11:25] so a payment will be made as a debtor, but not at the current [01:11:29] value. Look, the issue we call [01:11:33] default is this: these funds can never meet [01:11:36] collective demand instantly. These assets need to be converted [01:11:39] into cash somehow, meaning they need to be sold. [01:11:42] In stock funds, there is T+2, so you give it today, [01:11:45] and it comes back to you as cash [01:11:49] two days later. So, it cannot be done instantly. [01:11:53] Moreover, in an environment where everyone is heavily [01:11:57] invested, it cannot be converted into cash instantly. In such [01:12:00] a situation, the market would collapse. There are other [01:12:04] measures taken today. Look, behind the prevention [01:12:07] of the market collapse, there is a decision made [01:12:11] by the Capital Markets Board. Our main issue here is [01:12:14] what we call a margin call. Here, [01:12:17] we are now moving past small individuals. Big investors, [01:12:20] qualified investors, etc., largely make [01:12:23] leveraged purchases, meaning they don't buy with their [01:12:27] own assets, they don't buy with the money in their bank, [01:12:30] they might be playing with a very small amount of their own [01:12:34] money, but largely with credit. And therefore, there is [01:12:37] also a certain amount of equity protection here, [01:12:41] it was around 35%. Your total assets, these [01:12:45] BIST index stocks, are valued at 80-90%, [01:12:48] smaller, worse stocks are valued at 20%. [01:12:52] For example, an equity amount is calculated there. [01:12:56] When this falls below 35%, meaning if you have a 100,000 [01:13:00] lira stock position, and the equity calculation [01:13:03] for that position falls below 35,000, [01:13:06] a sell order is given. This is called a margin call. [01:13:10] In all major financial crises, in stock market crises, [01:13:14] the main reason is this margin call. Now, when the situation [01:13:17] of liquidating these funds arose, the [01:13:20] most important threat was the margin call. Why did the banks [01:13:25] collapse yesterday? I mean, actually, [01:13:27] there is no situation that would threaten major banks [01:13:31] like İş Bankası, Garanti Akbank, etc. The reason [01:13:35] for a collapse led by all these big banks [01:13:38] was a great concern in the market due to this margin call. [01:13:42] By reducing the equity protection ratio here to 20%, [01:13:45] the Capital Markets Board eased the market there, [01:13:49] it separated other stocks, separated small [01:13:52] stocks from large, reliable stocks. It said, okay, there's [01:13:56] nothing we can do about the others, because you can't support those [01:13:59] prices, they are not prices that can be supported. Unfortunately, [01:14:03] it's a situation where the investor who enters there will largely [01:14:06] be victimized. Each fund is within itself, one fund [01:14:10] does not transfer to another. There are money market funds, [01:14:14] government bond index funds, there is nothing there. In these [01:14:18] stock funds, the losses of each fund will be evaluated [01:14:21] within itself, and the stocks will be sold. Therefore, the loss [01:14:40] that arises there will be distributed equally [01:14:43] among all investors. There is no deposit guarantee [01:14:47] for deposits in the other one, there is only the BRSA's [01:14:49] supervision guarantee, meaning I supervise these, their operations [01:14:53] are under my supervision. [01:15:07] It didn't go bankrupt, look, it defaulted, [01:15:11] it couldn't make payments, yes, it couldn't make payments, [01:15:15] when there is a very strong outflow from the system at once, [01:15:18] that money is tied to somewhere, it's the same for funds. [01:15:22] When we say default, they say bankruptcy, no, a part of your asset is still there. [01:15:25] At least, because the stock value has decreased, [01:15:29] it cannot return to cash anyway. The nature of the asset is not suitable [01:15:32] for it to turn into cash immediately, and if you try to turn it [01:15:36] into cash immediately, the values will not stop anyway. The common [01:15:38] aspect of the shares they play is, [01:15:42] look, for a while, measures had started to be taken there. [01:15:46] These are very low liquidity shares, meaning [01:15:49] these brokerage firms that do not have much volume [01:15:53] can easily make the share hit the ceiling with a single move and carry [01:15:57] it at the ceiling for days. You cannot make such moves in [01:16:00] large banks, etc., and they also did it in their savings, [01:16:04] by the way, they showed their power, that was experienced [01:16:07] in the past months, okay, let this be our trailer, we will talk about [01:16:11] this at 23:00, dear viewers. Former MASAK [01:16:14] Deputy Chairman Ramazan Başak will also be with us [01:16:18] via remote connection. [01:16:30] should be a candidate, 2. Early [01:16:32] elections should be in April [01:16:36] 2028, 3. This decision should be [01:16:39] made now. What is this? [01:16:42] Is the government afraid of a mishap [01:16:45] regarding early elections? What might it be planning [01:16:48] by putting this decision in its pocket now? [01:16:52] What do you think is under all this agenda? [01:16:55] Oh, Mr. Gökmen, they say [01:16:58] life is what happens while you're making plans, right? [01:17:02] So, this much has happened to us too, of course, [01:17:05] actually you will talk about that in the next segment, [01:17:09] but I would like to say this much: there is the [01:17:12] first article of the Capital Markets Law, [01:17:16] very clearly, the objectives of the law and [01:17:20] the duties of the board are also listed, to ensure [01:17:23] the secure, transparent, efficient, stable, fair, and [01:17:26] competitive functioning and development of the capital market, and [01:17:29] to regulate and supervise the capital market to protect the rights [01:17:33] and interests of investors. It said this, it was not [01:17:36] enough, it was not enough, and what else is there? [01:17:40] There are sub-departments of the Capital Markets Board, [01:17:43] the Surveillance and Inspection Department, it has a very clear [01:17:47] job, I will just go to your question, if I don't say this, it won't [01:17:51] sit right with me, very clear. What is its job? Look, [01:17:55] really, here, it says to monitor unusual price and [01:17:58] transaction volumes, the possibility of market fraud, [01:18:01] and the shortcomings and information of collective [01:18:05] investment institutions. "My duty, [01:18:08] my duty. Now, since November, an international [01:18:12] organization's warning in June, a new [01:18:15] measure taken in August. We need to ask [01:18:18] what they have done. While they were dealing with [01:18:21] opposition municipalities, did those in the stock market [01:18:24] relax? Was it overlooked? What happened? With all this [01:18:28] concentration, this swell, how did this happen [01:18:31] when there are legal obligations regarding surveillance and [01:18:34] supervision? These are questions that demand answers. Okay, you will [01:18:38] talk about this later, but we have very important legal [01:18:41] legislation, and why haven't its requirements [01:18:44] been met? We need independent institutions so much, don't [01:18:48] we? Not just in the judiciary, but in all [01:18:51] places. Now, let's come to the part you mentioned. [01:18:54] First of all, the MPs will make this decision. [01:18:57] Of course, it is known that our constitution [01:19:00] is not being applied, but they swore [01:19:03] to abide by the constitution with loyalty, [01:19:07] honor, and integrity. Now, when it says elected [01:19:11] kez seçilir derken anayasanın bir gerekçesi var, hani bize [01:19:14] söylüyorlar gidiyoruz referandumda falan diye ama o anayasa [01:19:18] yazılırken bir de gerekçe yazılıyor altına o gerekçede bu iki [01:19:22] kezin ne olduğunu bilmeleri lazım bu oylamaya [01:19:24] katılanların eee orada diyor ki yani [01:19:28] çok güzel bir gerekçe o yüzden izninizle çok da kısa çok [01:19:31] kısa demokratik sistemin temel taşlarından [01:19:35] olan güçler ayrılığı ve iktidar. dengelenmesi [01:19:38] ilkeleridir, bunun gerekçesi iki kez seçilmek. Bu [01:19:42] hukuku, bu pardon, bu hüküm eee yetkin tek [01:19:46] bir elde ve süresiz olarak toplanmasını [01:19:49] engellemek, siyasi yenilenmeye [01:19:53] ve yetki devrine, yetki devrine imkan [01:19:56] sağlamak için konulmuştur. Şimdi biz şöyle bir [01:20:00] garip durumdayız, eee, siyaset niye var, [01:20:03] siyaset kurumu, bu yöneticiler falan, bu halkın. [01:20:07] people and then promise prosperity and freedom, [01:20:11] and they are supposed to deliver that prosperity and freedom. [01:20:15] These elections have been going on for years, [01:20:18] and there are economic problems, and we have seen many serious [01:20:21] perceptions that push the people's economic problems to the [01:20:25] background, such as existential problems, religious [01:20:28] and ethnic fault lines, etc. What changes? Nothing changes. [01:20:31] We are falling further and further behind, but unfortunately, [01:20:35] they don't stop making us talk about [01:20:38] elections and politics. And now, as your question [01:20:42] also includes, today we are hearing and [01:20:46] discussing the statements of the appointed person. [01:20:49] There were already problems before. [01:20:52] They are in trouble. President Erdoğan will enter [01:20:55] his most difficult election. This shows it. [01:20:58] It's a difficult election. The economic distress is [01:21:01] already beyond explanation. It's being experienced. [01:21:04] Due to the lack of independence of these institutions, [01:21:08] we are facing another very serious robbery, [01:21:11] and in this robbery, of course, we need to see if there are reflections [01:21:15] of bureaucratic political identities, [01:21:18] because that fire is constantly burning [01:21:22] in our pockets, and we are talking about the [01:21:25] Presidency again. Because it will be a very difficult [01:21:29] election, they want to secure this. [01:21:32] This is the only explanation for this. [01:21:35] To find 360. At this point, of course, [01:21:39] this process is also ongoing, the process of a Turkey [01:21:42] without terrorism. Of course, we hope it continues successfully [01:21:46] and ends, reaches its conclusion, we are all for that. [01:21:49] Of course, it is progressing within the framework of security. [01:21:53] Even if the legal aspect is missing, could there [01:21:56] be a halt there? Could there be other developments [01:22:00] that we don't know about? Is there a situation [01:22:03] of securing it now to relieve themselves? [01:22:08] But I want to say this: after such a decision [01:22:11] is made, the function of the parliament is obvious. [01:22:14] When we look at everything from the way laws are made [01:22:18] to its budget, we are in a system where our representatives, [01:22:21] the deputies, fulfill their duties effectively and competently, [01:22:24] aren't we? After this election decision is made, [01:22:28] we also need to see how the process in Turkey [01:22:31] will work. Will the decision for early elections [01:22:35] çağrı olacak mı erken seçim kararı? almak değil mi [01:22:39] Erdoğan said something. [01:22:42] He says, "If you can't buy [01:22:46] the egg you bought with the minimum wage 8 years ago, [01:22:50] if you can't buy milk, if you can't buy cheese, [01:22:53] if you can't buy the bread you bought, or if [01:22:56] you buy less, don't vote for me," he said [01:22:59] in 2011. Now, this people [01:23:02] has fallen behind in all of these, and Mr. Gökmen, he can't [01:23:06] even control the egg prices. While he can't control [01:23:08] egg prices, while diesel has reached triple [01:23:11] digits, and we are still talking about early elections [01:23:15] and being pressured to have early elections. [01:23:18] they are in a situation. [01:23:21] That's why I wanted to remind the MPs who will vote [01:23:25] of their oath to the constitution. So, we need to consider [01:23:28] how much more sacrifice this nation [01:23:31] can make. If 5 million [01:23:35] retirees today were to change their preferences, [01:23:39] no matter what they do, even if they decide [01:23:42] on early elections, even if President Erdoğan becomes a candidate [01:23:46] one more time, the result will not be different. [01:23:50] But for this process, the moves they will make [01:23:53] not for the benefit of the people, but [01:23:56] based on their own political strategies, for their own [01:24:00] benefit, for their own seats, really, they talk about [01:24:03] legitimacy in Turkey. I just watched the guests, [01:24:07] forget about legitimacy, in terms of health, [01:24:11] what will be left of the health of this country, [01:24:14] these people, this society, this legislature, executive, and judiciary? [01:24:18] That's a big question mark. So, [01:24:22] now, I will ask my friends for visual number [01:24:24] one, and then visual number two. Because Ms. Figen [01:24:28] also said, let's say they gathered the parliament [01:24:32] these days or in these weeks or in these months. [01:24:36] They found 360, they passed and made the [01:24:39] decision for early elections. After that decision, what [01:24:43] will happen in the period leading up to the early elections? [01:24:46] What will the citizens experience? What will the new party experience, [01:24:50] IBB? What will happen to the trials, etc., etc.? Now, [01:24:53] this is important, because when Şamil Tayyar [01:24:56] put forward his proposal, saying, "I think it's [01:25:00] beneficial to decide on early elections now, regardless [01:25:04] of when they will be held under current conditions," he states [01:25:07] that he believes this will benefit the country as follows: [01:25:11] "Parties will continue their preparations accordingly, the concern of snap or early elections will [01:25:15] disappear, political stress will decrease, polemics will end, [01:25:18] normalization will begin." Look, he says, "political stress [01:25:22] will decrease, polemics will end, and normalization will begin." [01:25:24] I wonder if my guests think this way, [01:25:28] that political stress will decrease, polemics will end, and [01:25:31] normalization will begin, because there is [01:25:34] a news piece shared by Nuray Babacan [01:25:38] based on AK Party backstage information. What kind of game plan [01:25:41] is the government in? What are the new [01:25:45] plans they have prepared? Now, my friends [01:25:49] prepared the headlines like this: The plans [01:25:52] will be made for the second round. [01:25:55] The plans will be made for the second round. [01:25:58] A new area will be created for disgruntled [01:26:01] conservatives. The DEVA, Felicity, and [01:26:05] New Welfare alliance will be supported. [01:26:08] Thus, in the first round, the opposition bloc [01:26:12] will be divided. [01:26:14] In the second round, negotiations can be held [01:26:16] with these parties. [01:26:20] Some of these names [01:26:21] will be taken into the cabinet. [01:26:25] The second round, with the support [01:26:27] of old friends and the Dem Party, [01:26:30] will be overcome. The second round, [01:26:33] old friends, meaning DEVA, Felicity, New [01:26:36] Welfare. And will be overcome with Dem Party support. [01:26:40] The new party will be challenged with immunities [01:26:43] and new trial processes. The new party will be challenged [01:26:47] with immunities and new trial processes. [01:26:50] "You can read a detailed article with breathing, dear [01:26:53] viewers, it has described it in even more detail. [01:26:57] Let's ask Fikret Abi. Fikret Abi, let's say such [01:27:01] an early election date has been accepted in parliament, [01:27:04] and an early election decision has been made. [01:27:08] After it's accepted, what can Turkey experience [01:27:11] until that date? Now, there are clues [01:27:15] regarding this in the backstage information provided by Nuray Babacan. [01:27:18] What do you say?" "Yes, of course, I [01:27:22] have no doubt that the AK Party [01:27:25] will seek the votes and support of conservative parties [01:27:29] that are in opposition but can support the government, [01:27:32] meaning it will seek the support of the parties [01:27:35] forming a new path and their MPs. [01:27:38] To guarantee their re-election, it may [01:27:42] give them places from its own lists of [01:27:46] MPs. With such an alliance, it can get [01:27:50] votes. One of the ways [01:27:53] to be able to decide on early elections [01:27:55] now is to enter into a dialogue [01:27:59] with these parties. Similarly, an alliance can be formed [01:28:03] with independent candidates. As I stated [01:28:06] in the first part, if the expectations of the Dem Party for a Turkey [01:28:10] without terrorism are met to a certain [01:28:14] extent, it can guarantee the support of the Dem Party [01:28:17] in parliament. Thus, it will have decided [01:28:20] on early elections. However, it is not [01:28:23] possible to know whether policies will change or [01:28:27] new policies will be adopted after the early election [01:28:30] decision. But the AK Party wants to guarantee [01:28:33] re-election by deciding on early elections before [01:28:37] the current situation in parliament deteriorates further. The AK Party [01:28:40] wants to guarantee Mr. Erdoğan's re-candidacy. We understand [01:28:43] this. The reason for their haste is not [01:28:46] to hold the elections too early, but to be able to decide [01:28:50] on early elections immediately. They think that they might [01:28:52] face a problem in the future, so now that the parliamentary [01:28:55] arithmetic is suitable, let's include the new path MPs in the alliance, [01:28:59] and let's also give places [01:29:02] to independents and get their support. If we also [01:29:06] get the Dem Party's MPs, then [01:29:09] we will have the majority for an early election decision [01:29:13] in the constitution. And once an early election [01:29:16] decision is made, Mr. Erdoğan's third candidacy will be guaranteed. [01:29:19] Considering the possibility of not being able to overcome [01:29:22] future problems, it is understood that the ruling [01:29:26] party is inclined to make this decision now. They are testing [01:29:29] the waters for this, such initiatives may be taken. [01:29:32] We will observe this. Now, regarding the framework [01:29:36] law, regarding a Turkey without terrorism, there has [01:29:39] not yet been very rapid progress. There is also [01:29:43] a hesitation here that is worth remembering. Now, [01:29:46] there is a public reaction to this. So, [01:29:50] regarding the steps the AK Party [01:29:53] will take, Bahçeli openly said he supported it, [01:29:57] but the AK Party is a bit more distant, Mr. Erdoğan is a bit [01:30:00] more distant from this issue, because in the 2013-2015 [01:30:03] period, another opening process [01:30:06] was experienced, intellectuals, journalists, [01:30:09] writers were sent to Anatolia, the issue was explained. [01:30:12] However, the voters reacted to that process [01:30:16] in the 2015 elections and caused the AK Party [01:30:19] to lose its single-party rule. Now, there is also [01:30:23] a concern whether the voters will react in a similar [01:30:26] way to this new opening process. That's why the AK Party is [01:30:30] taking very slow steps. But if the Dem Party imposes [01:30:33] some conditions for the early election decision [01:30:36] and makes it mandatory, then perhaps the AK Party [01:30:40] and the MHP may choose to meet some of the [01:30:44] Dem Party's expectations, right? Yes, Professor Doğan, [01:30:47] what do you say? How do Nuray Hanım's [01:30:51] predictions come across to you politically? [01:30:54] Well, these are already happening right now, [01:30:58] beyond predictions, of course, valuable assessments, [01:31:01] but many of them are happening. I want to start from here. [01:31:05] Now, there's this last emphasis, isn't there? [01:31:08] He will be a candidate for the last time. The year [01:31:11] is 2009. The year is 2009. So, how many years ago? [01:31:15] 8 years ago, Professor, you wouldn't [01:31:18] believe it. 17 years ago, [01:31:22] there's something like this, he says, Mr. President, [01:31:25] at that time, at the party level, there was [01:31:29] a three-term rule, and he says, did he say 2009? [01:31:36] 2009. The 2011 elections, he says, are my last candidacy [01:31:40] in this context. But he also says a very beautiful [01:31:44] thing: "I won't be stuck to my seat like some others." [01:31:47] That was in 2009. After that, he really doesn't [01:31:51] run for MP again because he will be elected president anyway. [01:31:55] But there's a "last" emphasis there. I'll come back to why [01:31:59] this "last" is important later. In 2012, [01:32:02] at the AKP congress, he says, "I will be a general [01:32:05] chairman candidate for the fourth and last time." [01:32:09] He returns to the AKP general chairmanship after the presidential [01:32:12] system with a party leader is adopted. But most importantly, [01:32:16] the 2023 elections. In the 2023 elections, [01:32:19] he very clearly, although he said it several times, [01:32:23] in Samsun, Mr. President says, "With the strength [01:32:26] we will gain from the support we asked [01:32:30] from our nation for the last time in 2023, [01:32:33] we will start the construction of the Turkish Century and hand [01:32:37] over this blessed flag to our youth." So, in the [01:32:39] previous election, we were told, "This is the last." [01:32:42] So, this was the last. Therefore, it was clearly stated [01:32:46] by the president himself that he would not be a candidate [01:32:49] again. Before the 2024 local elections, Mr. President [01:32:53] also spoke at Tügva's coordination meeting and said, [01:32:57] "For me, this is a final." So, even going into the local [01:33:00] elections, he said, "I was elected for the last time in [01:33:03] 2023, and these 2024 local elections will be my [01:33:07] last election, according to the authority given by the law." [01:33:10] He asks for support in the local elections. [01:33:14] Now, in this environment, with the economic situation, [01:33:18] the emergence of another very serious presidential candidate, etc., [01:33:21] Mr. Erdoğan's, the government's, and [01:33:24] its partners' most important concern is [01:33:27] to consolidate their own neighborhood. Now, this [01:33:31] "last" emphasis is for this. Meaning, those who [01:33:34] were offended, alienated, those who supported for many [01:33:38] years, as Mr. Tanur Kul also said, only Erdoğan can [01:33:41] bestow these problems. But voters who might say, "this [01:33:45] has become too much," and we are talking about [01:33:48] a quarter of a century, the "last" emphasis [01:33:51] is actually for this. Are they saying, "please, [01:33:55] one more time," yes, this is the last, because [01:33:59] even people who have been with him for years might [01:34:02] say, "we walked together until now." Because the government [01:34:05] no longer has the concern of convincing those outside [01:34:09] their own neighborhood. The main thing is to hold onto [01:34:13] what they have. That's why this started many [01:34:17] years ago, this is not new, like the reopening of Hagia [01:34:20] Sophia as a mosque. He is using his weapons [01:34:23] slowly in the last process to somehow convince [01:34:27] the conservative voters. That's why the "last" [01:34:31] gerçekten sondu onlar açısından ama iktidar için Erdoğan bir [01:34:34] mecburiyet yani kazanabilmek için devam edebilmek için ve kendilerine [01:34:38] onunla özdeşleştiren kitlelerin iktidarda kalabilmeleri için [01:34:41] de eee Cumhur Ittifakında olduğu gibi mesela Bahçeli çok. tehlikeli bir [01:34:45] örnek vermiş, yani kendi amblemini örnek olarak koymuş, bugüne [01:34:49] kadar iki hilali eee başardık, aldık üçüncü hilal yani [01:34:53] seçilemezse MHP'nin üç hilali gitmiş mi oluyor yani bir hilal eksik mi [01:34:56] kalmış oluyor, kadar riskli bir eee destek veriyor şimdi [01:35:00] bu muhafazakar partiler şimdi öbekler var muhafazakar şunu [01:35:03] söyleyeyim yani ta 2009'dan beri bu son [01:35:06] vurgusunu yapıyor iktidar yapıyor iktidar yapıyor yapıyor evet en [01:35:09] emphasis is important [01:35:13] here. So, this "last" was [01:35:18] told to us many times, and the last presidential [01:35:21] election in 2023 was really the last for them, [01:35:24] but for the government, Erdoğan is a necessity. [01:35:28] So, Uçum says he will be a candidate [01:35:31] for the last time. So, he should say, [01:35:34] "this time he will really be a candidate for the last time." [01:35:38] But he doesn't say that, does he? He doesn't say that. [01:35:40] And there is an important process here now. [01:35:44] Now, he needs [01:35:49] to solve these economic problems somehow, and [01:35:52] the government no longer has many instruments for this. [01:35:56] This does not seem very possible, because we are in a state [01:35:59] of high alert, and the election is actually very close. [01:36:03] Even if it is held in the last week of 2028, if they say [01:36:06] "we held early elections a week ago," [01:36:09] no one in mainstream politics will be able to say [01:36:12] anything about this in a Turkey where diplomas are cancelled today. [01:36:16] So, even then, there is little time left. [01:36:20] So, they are making these calculations in a more [01:36:23] constrained position. Therefore, they will [01:36:26] enter a state of high alert. Now, we talked about conservatives, [01:36:30] who are there? DEVA, Felicity, New Welfare. Now, some [01:36:34] discussions are taking place there. I heard rumors [01:36:37] and it was written several times in this context. [01:36:40] For example, lowering the election threshold. Why is lowering [01:36:44] the election threshold important? Let's say it's 4% or 5%. [01:36:48] Now, there are parties that operate in that [01:36:50] band, and if they think they cannot exceed that band, people will turn to [01:36:54] new parties. For example, the Victory Party. Now, [01:36:58] many people who would vote for the Victory Party will [01:37:02] vote for a new party. The concern of "why should my [01:37:05] vote go to waste" is very widespread among these voters, [01:37:08] especially Erdoğan's opponents. But if this threshold is lowered, then an alliance [01:37:12] motive among people who are below the threshold but close [01:37:16] to passing it may become more realistic. For example, [01:37:19] New Welfare, DEVA, Felicity, okay? But of course, this [01:37:22] is about the parliamentary elections, the arithmetic of the [01:37:26] presidential election is different. But their mobility [01:37:29] may come to the agenda in some way. So, there [01:37:33] is the nationalist Victory Party, the Good Party. [01:37:36] The Good Party may not have a big threshold problem, but [01:37:40] it could still be risky in some positions. Among [01:37:43] conservatives, there are Felicity, DEVA, New Welfare. But there [01:37:47] is an important dynamic of the presidential [01:37:51] election. New Welfare experienced this. So, New Welfare, [01:37:54] in the last presidential election, by supporting the People's [01:37:58] Alliance in the second round and appearing on that platform, [01:38:02] stopped its rise. Otherwise, it would be much higher today. That's why Mr. Erbakan [01:38:06] is very clear. He makes statements [01:38:09] against Erdoğan and his policies, and he criticizes [01:38:12] every step they take. [01:38:15] Why does he do this in such a way? Because the rise of [01:38:18] the New Welfare Party has very clearly stopped, [01:38:22] and the most important reason for this is that there is [01:38:25] now a very serious anti-Erdoğan sentiment at the grassroots [01:38:29] among conservative voters. Therefore, it will be a bit difficult [01:38:33] for New Welfare to turn to that side, [01:38:36] as Nuray Babacan said, because this will have [01:38:40] a cost, and no one bathes in the same water twice. [01:38:43] Now, a Sinan Oğan example there are such things in the scenario, that is, [01:38:47] let's divide it in the first round so that we leave it for the second round, in the second round, now in 2023, [01:38:50] they already did this in some way, that is, [01:38:54] the nationalists went to Erdoğan's side in the second round. This was both a [01:39:09] demoralization for the nationalist voters, [01:39:12] for the nationalist voters who were against Erdoğan, it was a demoralization, [01:39:15] and it gave Erdoğan a very serious boost and morale in the second round. [01:39:19] That's why Nuray Babacan says this: In the second round, old [01:39:23] friends, it's not easy. Old friends are a bit complicated. [01:39:26] Their support is difficult for me, because I don't think the government [01:39:29] can take serious steps in the process. There's no time left anyway, because [01:39:33] if that serious step is not within the constitutional framework, [01:39:37] the government cannot get meaningful support from them. Because they [01:39:40] will only enter that situation with a constitutional guarantee that will be approved and voted on in the constitution. [01:39:44] In the second round, bargaining with these parties will really be like [01:39:47] washing oneself twice in the same water. In this sense, the government [01:39:51] is in a tight spot in terms of the presidential election. That's why it is making these final remarks [01:39:54] very seriously. Okay, so you [01:39:58] are sharing with us the analysis of whether this will work or not, [01:40:02] not just the backstage news of Nuray Babacan. I'm saying these things are happening. [01:40:05] I forgot one last point there, let me tell you. Most importantly, [01:40:09] here, the new party immunities. [01:40:12] The real event with the new lawsuits is the last point, because [01:40:16] look, what Murat said, I was going to connect it there, I'm sorry, I forgot it while I was talking. [01:40:19] What did Murat say? He said they don't have very serious [01:40:23] instruments in the economy, but they do have this instrument, [01:40:25] maybe he agrees, IBB. Look, what happened today? [01:40:29] Ekrem Eray resigned from the CHP group [01:40:32] in IBB and said that he was tired of these conflicts, etc. [01:40:36] In fact, he was already the former provincial chairman of the Democratic Party, not a CHP member. [01:40:40] I think this is also one of the government's biggest operations as we head towards the election. [01:40:43] You are talking about the rhetoric of a similar operation, right, Doğan Hodja, [01:40:47] especially now that it's come to light with Üsküdar, they are coming to IBB, [01:40:50] they are coming to the IBB council. Nuray Babacan says [01:40:54] we are everywhere in Turkey. Despite all these pressures, [01:41:00] we are showing great resistance. We are fighting under the leadership [01:41:03] of our general chairman. We are offering a vision to Turkey. [01:41:07] We are ultimately sure that when this ballot box is put forward, [01:41:10] we will ensure the security of the ballot box. We see that too, and in the end, [01:41:13] this government will definitely change at the ballot box. [01:41:16] That is, whether Erdoğan will be a candidate or not, whether he will form an alliance with this one or that one. [01:41:20] In the end, our citizens will vote with their consciences [01:41:23] for the future of Turkey. And this vote will be [01:41:27] in favor of the change of this government after 25 years. [01:41:30] This is the situation I see. I mean, it's not because of some abundance. [01:41:34] If they didn't have these fears, as Ismail just explained, [01:41:38] they wouldn't have committed this cruelty in these IBB cases. [01:41:41] That is, they wouldn't have committed such obvious cruelty. [01:41:44] I am saying this as someone who has followed all judicial processes [01:41:47] from the beginning of the Constitutional Court until now. [01:41:51] They are afraid, really afraid. [01:41:54] And with that fear, they are trying to do all sorts of illegal things. [01:41:57] Just yesterday or the day before, the accounts of our closest friends were closed. [01:42:01] Ali İsmail Korkmaz. Look, [01:42:04] access to his accounts was blocked. Access to the accounts of peace academicians [01:42:08] was blocked. Access to many accounts, [01:42:10] our friends, accounts of our journalist friends, [01:42:14] access to Evrensel newspaper was blocked. at a certain time, [01:42:18] and even a couple of times they finished at 1 or 1:30 at night. And now, the lawyers are rightfully saying [01:42:21] that holding these hearings until this late [01:42:25] is a violation of human rights, [01:42:29] it's torture, both for the defendants and for the lawyers. [01:42:32] They repeatedly voiced their objections, and they are still voicing them. [01:42:36] The chairman and management of the Istanbul Bar Association came to the courtroom two days ago [01:42:39] in the evening and spoke about this, saying [01:42:42] that this situation violates both their professional rights and human rights. [01:42:46] And they were very right. And it's not just that. For example, there are also demands [01:42:50] that only the names of those whose statements will be taken on that day be read, [01:42:53] and no one else's statement be taken. Because why? The lawyers there [01:42:57] sometimes wait to ask a question and conduct a cross-examination. [01:43:00] But it's not clear when it will be their turn. People wait there for 12 hours, and at night, [01:43:04] that is, when the hearing starts in the morning, the names of those whose statements will be taken [01:43:08] today should be announced from the very beginning. The board sometimes does this, [01:43:12] sometimes it doesn't. It has done it twice so far. [01:43:15] That is, it does it when it feels like it. Therefore, [01:43:18] there is such a problem. I hope it will be overcome. [01:43:21] But as far as I understand, they also want to finish the hearing as soon as possible, [01:43:25] to rule on this case as soon as possible, with incredible speed. [01:43:29] But of course, this is not appropriate for the profession, [01:43:31] for law, or for human rights. This issue needs to be resolved somehow. [01:43:34] Our expectation is very clear: The hearings should start at 10 AM. [01:43:37] When we go to Çağlayan or Kartal, the hearings start at 9 or 9:30 AM. [01:43:40] They can also start at 10 AM there, and end at 6 or 6:30 PM. [01:43:43] This is a very normal situation. How much is it from how much now? [01:43:47] We don't see it starting before 11 or 11:30 AM, especially for the last 2 or 3 weeks. [01:43:50] From the beginning, it started at 10 AM, then it came to 10:30, 11, 11:30. [01:43:53] Now it doesn't start before 11:30. And in the evenings, it ends around [01:43:57] 11 or 12 o'clock, sometimes even later. [01:44:00] Therefore, urgent measures need to be taken in this regard. For now, like this. [01:44:04] And you will comment on my main question, but before that, I would ask you, [01:44:07] you are here, but we will say goodbye to Sezgin Bey before the commercial break. [01:44:11] He will convey his comment. Then you will share your comment [01:44:15] with us in terms of the IBB process. Sezgin Bey, what do you say? [01:44:18] Nuray Babacan says, yes, the government has new game plans, [01:44:22] and these are the ones that the new party will get from these plans. [01:44:25] What do you say, sir? Of course, [01:44:28] we are not expecting that the Justice and Development Party [01:44:31] will suddenly become democratic, that there will be democratization, [01:44:35] that judicial practices will improve, and that we will go to an election [01:44:39] in such a framework. This is contrary to the nature of things. [01:44:43] The system they established is a system that can only progress with pressure. [01:44:46] That's why we live in such an unfair environment in every field. [01:44:49] They will raise this even more, because how many cases do you have against you, Sezgin Bey? [01:44:52] Well, I guess there are about 20 now. I guess it should be close to 20. [01:44:56] And they also know that their system only works with pressure [01:44:59] and in an unfair environment. That's why they use all the tools [01:45:02] they have, and at the top of these comes the judiciary. [01:45:05] They have used the judiciary against the opposition in every matter so far, [01:45:08] and they will continue to use it. Will we back down because of these? No. [01:45:12] I mean, in the last 3-4 months, I have been an election observer in two countries. [01:45:15] One was Hungary, and the other was Kazakhstan. [01:45:19] I saw there, we have the opportunity to compare [01:45:23] with world examples. That is, we also have the opportunity to compare [01:45:26] this regime with world examples. I believe, [01:45:30] I mean, I sincerely believe, I see the field constantly. [01:45:33] It's not like what journalists and commentators do. People are not like that. [01:45:37] They will cooperate with the party, Kurds will go to the polls, [01:45:41] they will vote for Erdoğan, or the party voters, [01:45:43] there is no such world. There is none. [01:45:46] That is, it is impossible for Erdoğan to convince the Turkish voters, whom he has oppressed so much [01:45:49] in this environment. This is not something that will happen [01:45:52] in a year or so. That is, the conservative voters. [01:45:56] So much corruption, so much illegality, [01:45:59] so much, I mean, [01:46:03] they see the situation much more than us, because [01:46:06] they came from the same neighborhood, they lived in the same neighborhood. [01:46:09] So, what can the new party do [01:46:12] so that Erdoğan cannot realize these plans, [01:46:16] that is, so that he cannot involve the conservatives or the party members [01:46:19] in this way? That is, what can be done? [01:46:22] That's why, look, that's why the time has come for the new party. [01:46:25] We founded the new party and we are progressing rapidly. Really, sir, [01:46:29] I need to go to commercial. We don't have such funds. [01:46:33] Our only source of income is these humble commercials of this television. [01:46:36] So, please complete it, Mr. Sezgin, okay? [01:46:39] Throughout September, [01:46:43] with a single deposit of 10,000 in stablex and crypto. [01:46:46] In Aydın, Muğla, Çanakkale, Antalya, Konya, [01:46:50] Ankara, and Balıkesir. Also, [01:46:53] it offers villa construction, comprehensive renovation, [01:46:55] and turnkey services in all 81 provinces of Turkey. Our expert team determines the needs [01:46:59] by on-site inspection. It manages [01:47:02] interior and exterior facade renovation, roof, bathroom renovations, landscaping, and insulation works [01:47:06] from a single center. 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[01:48:01] Deposit interest rates change every hour. [01:48:04] The answer to those who ask how to find the one with the highest return is Handy Kredi again. [01:48:08] Go to Handy Kredi, compare the rates of different banks, [01:48:11] calculate the interest income, and open your account without going to a branch. [01:48:15] Everyone's eyes are on it. [01:48:19] The new iPhone 18 Pro is now all here, and with a huge development in battery life, [01:48:23] come to hepsiburada, pre-order the new iPhone 18 Pro, [01:48:26] and renew your old phone at your door. All here. [01:48:30] This 3 [01:48:34] 2 1 0 0 interest [01:48:37] cash opportunities. Go to hesaptahesap.com and don't miss the banks' [02:00:08] They think that an autocratic form of government, the concentration of power in one hand, [02:00:12] the decision-maker being one person, the absence of a balance mechanism, [02:00:15] is more correct for them. That's why they want it to continue like this. [02:00:18] Also, there are powers in Turkey that have grown strong from this regime, [02:00:22] in bureaucracy, in the judiciary, in the economy. [02:00:25] There are powers that have emerged with these. And they are clinging to this order with all their might. [02:00:28] With all their might. I really have a lot to say. [02:00:31] For example, if they didn't trust this system, [02:00:35] would a electricity distribution company close to the government, called Dedaş, [02:00:37] commit this cruelty to our citizens in 6 provinces? I mean, who wants this order to continue? [02:00:41] These people want it, because their order will be disrupted. [02:00:44] Well, thank you very much. I wish you good broadcasts. [02:00:47] Again, greetings and love, Sezgin Tanrı, thank you. [02:00:51] Ismail Emretelci, we were going to say goodbye to Sezgin, [02:00:54] so you had to leave it half-finished. This is what Nuray Babacan said, [02:00:57] they will do these things. And regarding the new party, [02:01:01] there will be even more pressure, even more moves, like operations against municipalities. [02:01:05] Doğan Hodja said that this is already being done now, [02:01:08] but is something worse being planned? What's going on? [02:01:11] Well, a little while ago, Murat Hodja said [02:01:15] that option A is to fix the economy, [02:01:17] and option B is to neutralize the opposition. Actually, option B is their option. [02:01:21] First, let's neutralize the opposition, that's my opinion. [02:01:25] Then, if there's time, we'll look at the economy. [02:01:29] Because the reason for this is, I think the government knows very well [02:01:32] that no matter what they do, they have no chance of fixing the economy. [02:01:36] The retiree, that is, the pension given to the retiree [02:01:39] has no chance of being more than a social aid. For example, 30,000 liras. [02:01:42] For example, my father gets 30,000. My father was a civil servant [02:01:46] who served the state for 27 years. He is a retired civil servant. [02:01:50] What will they do with 30,000? They will make it 40,000. [02:01:54] What will happen if they make it 40,000? How will this man live with 40,000? [02:01:57] Do they think the retirees can live [02:02:01] without receiving help from their families? No, they know very well [02:02:04] that they cannot live. Therefore, [02:02:07] they have no chance of fixing the economy. They have no chance of lowering inflation. [02:02:11] I mean, it might go below 30% to some extent, right, sir? But that's also doubtful now. [02:02:14] It's over. There's no such thing. For example, [02:02:18] we talked about this fund and so on a little while ago, and we will talk about it again, [02:02:21] but I will go very generally. There is no free market in Turkey. [02:02:25] People have no opportunities to invest. There is a floating exchange rate regime in name, [02:02:28] but since there is no free market, there is actually a fixed exchange rate system [02:02:31] as a result of state banks selling from behind. Therefore, [02:02:34] those who want to escape from this sometimes enter the stock market. [02:02:38] We experienced this 2-3 years ago. In fact, a certain stock attracted a lot of attention. [02:02:41] The owner of the stock came out and said, "My stock is not that valuable." [02:02:45] They attacked him. Now, after some time passes, [02:02:48] in my opinion, there is an organized crime incident. [02:02:52] We experienced fund incidents. How do we know? The Minister of Finance [02:02:56] came out and said that no measures were taken for a year. Those who caused these measures not to be taken, [02:02:59] its counterpart, etc., etc. Therefore, [02:03:03] now the main target is, since the economy is already bad [02:03:06] and has become inextricable, [02:03:10] But the critical point is this: There are two aspects here. [02:03:13] They acted similarly [02:03:15] in the local elections. That is, they tried to isolate [02:03:19] the Republican People's Party at that time, [02:03:22] and by isolating it, they tried to attract [02:03:26] their allies to their side and make them act against the CHP [02:03:29] so that they would not succeed. What happened? The citizens reacted very strongly. [02:03:33] In fact, we said this here at that time, that the citizens at that time elected [02:03:36] Ekrem İmamoğlu, the mayoral candidate of Istanbul, [02:03:39] and Mansur Yavaş, the mayor of Ankara Metropolitan Municipality, [02:03:43] with a much larger vote. And even that was not enough. [02:03:46] Under the chairmanship of Özgür Özel, they elected. [02:03:50] razılar, daha hesaplarına geliyor [02:03:52] eee, [02:03:54] yani ortadoğudaki düzen, dünyadaki düzen, ABD'deki [02:03:58] yönetim biçimi falan Türkiye'de demokratik bir düzeni [02:04:01] değil, bir parlamenter rejimi değil, hukuka uygun bir düzeni [02:04:05] değil, eee böyle bir düzenin kendileri için daha elverişli [02:04:09] olduğunu düşünüyorlar, otokratik bir yönetim biçiminin [02:04:12] eee gücün tek elde toplanmasının, kararvericinin tek [02:04:15] kişi olmasının denge... mekanizmasının olmamasının [02:04:19] kendileri bakımından daha doğru olduğunu düşünüyorlar, o yüzden de [02:04:22] böyle yani eee devam etmesini istiyorlar. bir [02:04:26] de bu rejimden palazlanmış güçler var [02:04:29] Türkiye'de bürokraside, yargıda [02:04:32] ekonomide palazlanmış, bunlarla ortaya çıkmış [02:04:35] güçler var, onlar da dört elle sarılmışlar bu düzene, [02:04:39] dört elle, hani benim söyleyeceğim gerçekten çok [02:04:43] söz var, mesela yani bu [02:04:46] düzene güvenmese. dedaş denilen yani [02:04:49] böyle iktidara yakın olan bir elektrik dağıtım şirketi [02:04:53] 6 ilde yurttaşlarımıza bu zulmü yapabilir mi [02:04:56] yani onların düzeni bozulacak kim istiyor bu düzen? [02:05:00] devamını işte bunlar istiyorlar, düzenleri bozulacak [02:05:15] beda edecektik, o yüzden yarım eee kesp bırakmak [02:05:19] durumunda kalmıştınız, bu Nuray Babacan'ın söylediği [02:05:23] işte bunları bunları yapacaklar, ha yeni parti ile ilgili [02:05:26] de ayrıca daha da baskı, daha da fazla hamle işte. belediyelere [02:05:30] yönelik operasyonlar. Doğan hocam dedi ki, aslında zaten [02:05:34] hani bu yapılıyor şu anda ama daha mı acaba [02:05:37] beteri planlanıyor, ne oluyor, ne bitiyor? Şöyle [02:05:40] eee, az önce Murat hocam dedi [02:05:44] ki, hani A seçeneği ekonomiyi düzeltmek, b [02:05:47] seçeneği de eee muhalefeti hani [02:05:51] etkisizleştirmek, aslında b seçeneği onların seçeneği. [02:05:54] Önce muhalefeti etkisi etkisizleştirelim, benim [02:05:57] düşüncem bu şey, sonra. ekonomiye zaman [02:06:01] kalırsa bakarız, çünkü bunun nedeni şu, bence iktidar şunu [02:06:04] gayet iyi biliyor, ne [02:06:07] yaparsa yapsınlar, ekonomiyi düzeltme ihtimalleri [02:06:10] yok, emekliyi yani [02:06:13] emekliye verilen aylığın bir sosyal yardımdan öteye geçme ihtimali [02:06:17] yok mesela yani 30.00 lira mesela benim babam 30.000 alıyor, benim [02:06:21] babam 27 sene devlete hizmet etmiş memurdu, memur [02:06:23] emekçisi 30.000 ne yapacaklar yani 40.000 yapacaklar yap [02:06:27] 40.000 ne yap ne olacak yani 40.000 nasıl geçinecek bu [02:06:30] adam yani emekliler [02:06:34] ailelerinden yardım almadıkça yani [02:06:37] geçinebiliyorlar mı zannediyorlar iktidarlar hayır yani geçinemediklerini çok iyi [02:06:41] biliyorlar dolayısıyla bir ekonomiyi düzeltme ihtimalleri [02:06:45] yok enflasyonu indirme [02:06:47] ihtimalleri yok yani %30'un altına belki bir nebze inebilir [02:06:51] değil mi hocam yani şey ama da şüpheli artık yani o da geçmiş olsun [02:06:55] yok böyle bir şey yani eee mesela az önce [02:06:59] konuştuk işte bu fon vesaire yine de konuşacağız ama çok genel [02:07:02] gireceğim, Türkiye'de bir serbest piyasa yok, [02:07:06] insanların yatırım yapma imkanları yok, dalgalı kur [02:07:10] rejimi sözde var ama serbest piyasa olmadığı için [02:07:13] kabu bankaların arkadan satışları neticesinde aslında [02:07:17] bir sabit kur sistemi var, eee dolayısıyla [02:07:20] buradan kaçmak isteyenler zaman zaman işte borsaya giriyor, bundan [02:07:24] 23 sene önce yaşadık, hatta belilli bir hisse çok yöneldi, hissenin sahibi [02:07:28] olan kişi çıktı dedi ki ya... benim islam bu kadar değerli değil dedi adamı topa [02:07:31] tuttular işte aradan belli bir süre geçiyor işte bana göre [02:07:35] bir organize suç olayı var işte fon olaylarını yaşadık [02:07:39] nereden biliyoruz işte maliye bakanı çıktı söyledi bir sene boyunca [02:07:43] tedbir alınmadı bu tedbirin alınmamasına sebebiyet verenler bunun [02:07:46] karşlayıcısı vesaire vesaire vesaire dolayısıyla [02:07:49] şimdi ana hedef dolayısıyla ekonomi zaten berbat [02:07:52] olduğu için ve içinden çıkılamayacak bir hale geldiği için [02:07:56] ana hedef zaten muhalefeti dağıtmak ama kritik [02:07:59] konu şu: "şimdi burada iki husus var, yerel [02:08:02] seçimlerde de benzer bir şekilde davrandılar, [02:08:06] yani o dönemki cumhuriyet halk [02:08:08] partisini yalnız [02:08:10] yalnızlaştıralım ve yalnızlaştırınca [02:08:14] işte zamanındaki ittifaktakileri yanımıza [02:08:16] çekelim, onların CHP'nin aleyhine davranmasını sağlayalım ve [02:08:20] başarı kazanamasınlar, ne oldu vatandaş çok büyük bir tepki [02:08:24] verdi, hatta o dönem bunu söylemiştik burada [02:08:27] vatandaş o dönem işte İstanbul'. belediye başkanı adayı ekrem [02:08:31] imamoğlu'nun, Ankara Büyükşehir belediye başkanı Mansur [02:08:33] Evaş'ı çok daha büyük bir oyla seçerek, [02:08:37] hatta da yetmez eee Özgür Özeyin genel başkanlığındaki [02:08:41] voted for the party at very high levels, with 37-38% of the votes, [02:08:44] they voted for the future of Turkey, we said. [02:08:47] Therefore, I don't think [02:08:51] this isolation operation [02:08:54] For one more reason, [02:08:57] if you notice, now. [02:09:00] As Nuray Babacan said in her news, new path, remedy, [02:09:03] happiness, etc., old friends, old friends, actually, do you know who [02:09:07] these are? Don't get hung up on the names, and the [02:09:10] members of that party shouldn't get hung up on them either, please. I request that beforehand. [02:09:14] Independent of the names, [02:09:16] there are people who want to continue in the parliament and there are parties. Look, the equivalent of this in the [02:09:20] previous election was the six-party table. [02:09:24] So, who was the six-party table with at that time? That is, who are those who [02:09:28] want to enter with now? They want to be passed. [02:09:31] Therefore, actually, we can make [02:09:35] a logical inference like this: In the previous election, they were with [02:09:39] the loser. Now, the parliament also wants [02:09:42] those who will lose the next election to be with them [02:09:45] to increase their support. The miscalculation in the [02:09:48] last election emerged. We were also [02:09:52] mistaken. I was also mistaken at that time [02:09:54] because I was the election official in Istanbul for the party, [02:09:58] so I... it worked. I was also mistaken, I must say that openly. [02:10:02] But it means that others will be mistaken in the [02:10:05] coming period. I don't think this business, [02:10:09] this scenario, will go very far, because this also shows weakness in the eyes of the citizens. [02:10:13] This is essentially it. That's what we couldn't see at that time. [02:10:16] The citizen actually saw that [02:10:19] weakness. Whereas, our chance of getting votes by going [02:10:22] it alone, that is, without needing [02:10:25] any alliance, by entering the election, was [02:10:29] much higher. We couldn't see this at that time. Let's speak openly about this. [02:10:33] We were deceived, etc., etc. [02:10:36] That is, also at this time, this is very important. [02:10:39] The party talk is very [02:10:43] common. Now, I think Erdoğan's [02:10:46] calculations and what he actually expects [02:10:49] is that, that is, even if the party [02:10:52] has provided its support, what will the Kurds do? [02:10:56] What will the voters do, let's say they got the party's support? [02:10:59] What will you do with the voters? I think [02:11:03] this is essentially the issue on the table, [02:11:07] and I think Erdoğan is waiting for this, and let's not forget, [02:11:11] Öcalan previously. "made a statement for the [02:11:14] municipal elections, but the voters, the Kurdish [02:11:17] voters, made their choice against his, now in this period, [02:11:21] they listened to Demirtaş's call, not Öcalan's. Yes, now in this [02:11:25] period, in this period, [02:11:28] there are voices being tried to be suppressed from all sides regarding the Kurdish movement. [02:11:31] That is, no, brother, Öcalan [02:11:34] will speak, no one else will speak," [02:11:38] we see such an instigation and. [02:11:42] "This is being tried to be dominated in the state [02:11:46] and society, that is, everyone's consent is being tried to be obtained, but [02:11:50] Erdoğan, in my opinion, will [02:11:53] take this distance accordingly because he cannot [02:11:57] predict what the voters will do. That is, as [02:12:00] I said earlier, referendum or something, their decisions will be made [02:12:04] after such processes, and [02:12:07] this decision will be made after being sure of some processes. He, right now, [02:12:10] nobody from the Kurdish movement." "As far as we can see, nobody [02:12:14] speaks against Öcalan anyway, that is, nobody [02:12:17] says anything. Demirtaş, I mean, what else can [02:12:20] the man do in the meantime, we need to say that too, I think he is being treated unfairly, what else [02:12:24] can he do, of course. That is, he said he wouldn't [02:12:28] make political statements, he said he supports the process, etc., etc. [02:12:31] but they cannot solve the meaning [02:12:34] of the silence of the voters, especially the Kurdish voters, [02:12:37] and as far as I can see, [02:12:41] without taking a guarantee..." they are not taking a path, and [02:12:44] I think the most important factor [02:12:46] that will affect the timing and outcome of the upcoming elections is this. Yes, dear [02:12:50] viewers, let me remind you of this as a factual point, everyone is [02:12:54] free to comment, that is, when we host a party [02:12:57] deputy or a group chairman periodically, [02:13:00] especially when there is very little [02:13:04] bir süre kala, şöyle bir iki hafta ya da bir ay ya da bir iki ay [02:13:08] any plan of the government that aims for Erdoğan's re-candidacy [02:13:11] and is brought forward by a week or two or a month or two, [02:13:15] they make statements that they will not support such a thing. [02:13:18] Let me state these, but of course, politics [02:13:21] is this, you never know what [02:13:24] will happen. What I'm saying is the government's perspective, [02:13:28] otherwise, I cannot say that it binds the party, it's not my place, [02:13:31] no, I'm not saying it for you, don't misunderstand me, I'm just [02:13:35] reminding this in general, because the party members also [02:13:38] naturally, once in a while, we are talked about in environments where we are not present. [02:13:42] We are a television channel that can invite party deputies to our broadcasts [02:13:46] at certain intervals. Therefore, [02:13:49] I want to express their views they conveyed in our invitations [02:13:52] here, so that it contributes to forming your opinion. [02:13:56] Can I make one more factual point there? [02:13:59] That is, they also have legitimate criticisms here. [02:14:02] Up until now, many politicians [02:14:06] who accused us of supporting the AKP are now [02:14:09] with the AKP. They say, 'We [02:14:12] are still where we were.' Let me also say this [02:14:15] by the way, this is also the case in the IBB assembly, [02:14:19] let me specifically say that, that is, contrary [02:14:22] to what is thought in the IBB assembly, [02:14:26] I think the most consistent group [02:14:29] is the party group, it's very important, let me tell you, but [02:14:32] this has been discussed in recent weeks, hasn't it? From Üsküdar onwards, [02:14:36] can a situation be created in the IBB assembly where [02:14:39] the party assembly members there are also persuaded in another way, [02:14:42] and the IBB can be taken over? It is being discussed. You say [02:14:46] that the situation is not like that, that is, we already see that, so far, [02:14:50] so far, under the name of urban rent, [02:14:54] that is, what everyone says, because even saying this can be a crime, that's why I said it in inverted [02:14:58] commas, selected people, they went, they are going, they [02:15:01] will go, etc. I have seen others leave, but I have not seen any of them [02:15:05] leave. That's why I said it in my previous segment when talking about the parliament's arithmetic, [02:15:09] that is, instead of the party, we should look at the number of CHP. [02:15:25] We saw positions already, they are saying, I was offered a vice presidency, I went. [02:15:28] We saw them being transferred like that, but I [02:15:32] haven't seen any other stance [02:15:35] from these friends in the assembly, I want to say that specifically. [02:15:39] Okay, now in the last segment we turned to Figen Çalıkuşu, [02:15:43] but we are also curious about Figen Hanım's thoughts [02:15:46] on the topic we discussed. Figen Hanım, what [02:15:49] do you say about Nuray Babacan's article, based on the [02:15:52] backstage information she conveyed? The information she [02:15:55] announced to the public there, that is, regarding what the AKP will do in the [02:15:59] coming period. Because you said in your previous comment [02:16:02] that if [02:16:05] the parliament convenes tomorrow, next month, and a majority [02:16:08] is secured as the AKP wishes, and that early [02:16:11] election date is set now, and the decision is made now and the date is announced, [02:16:14] this time, what Turkey will experience until that date [02:16:18] is important, you said. Nuray Babacan's article also contains [02:16:21] some clues about this. Do you also agree? [02:16:29] Or rather, how can the opposition, the new party, [02:16:33] reverse that process? Yes, Mr. Gökmen, we [02:16:36] already see this in the municipal councils. [02:16:39] Beyond that, we also see [02:16:42] transfers of deputies. They are doing [02:16:45] what they said, that is, whether an election decision is made [02:16:48] or not, they are doing it as a preparation. [02:16:51] As a result, I doubt this will change. [02:16:54] Even if an election decision is not made in this process, [02:16:58] we will see these transitions, [02:17:01] we will see these bargains. Unfortunately, here, [02:17:05] that is, even the AKP voters need to think. [02:17:08] The fact that politics disregards the voters [02:17:12] and ignores the voters' votes is very dangerous. That is, here [02:17:15] there is a ballot box, but it is an insufficient ballot box. [02:17:19] In that case, we need to accept that [02:17:22] electoral democracy has been abandoned. That is, elections no longer [02:17:25] have any meaning. If an early election decision is made, [02:17:29] even if it is not made, we will see [02:17:31] these in the period leading up to the election, we will see [02:17:34] these bargains. This is unfortunately a very unpleasant situation, [02:17:38] that is, it is very problematic both in terms of the voters [02:17:41] and in terms of the erosion of democracy, because [02:17:44] what we expect from democracy is not just the [02:17:48] ballot box, but democracy has lost significant [02:17:52] ground and has eroded [02:17:55] in terms of the point the system has reached with its institutions and the functioning of the regime. [02:17:58] We see that this is becoming even more intensified. [02:18:01] Of course, the other question you asked is important: [02:18:05] What can be done, what can be done to reverse this? At [02:18:09] this point, a lot of work falls [02:18:12] on the opposition. Let me also say this, that is, we always talk about 50 + 1. [02:18:16] It was said today that the election [02:18:19] will be in 2028 by the advisor and so on, but [02:18:22] none of these are certain. [02:18:25] You might see a constitutional package come before the election, [02:18:29] certain bargains might necessitate this. [02:18:33] Here, a draft constitution that no one can [02:18:37] say no to might come. We shouldn't overlook [02:18:40] that either, because this work has been going on for a long time, as you know, [02:18:44] and in fact, the AKP is doing this work alone. [02:18:48] That is, its other partner is not participating. [02:18:51] It has formed a commission, and that [02:18:54] commission, if I'm not mistaken... Under Yazıcı's presidency, that commission [02:18:57] has almost completed it, because we see its monthly reports in the form of [02:19:01] small news from time to time. This is also [02:19:04] important, let's not forget this detail. If another form comes [02:19:07] that moves away from 50 + 1, or if they bring [02:19:11] a system that does not include separation of powers but is nominally [02:19:14] a parliamentary regime, such a proposal might also come. [02:19:18] We shouldn't ignore these either. I [02:19:21] consider it a possibility, because there is a very serious deadlock. [02:19:25] 50 + 1 will challenge very seriously. [02:19:29] There are experiences gained from the six-party [02:19:32] table. The partners and components of the six-party [02:19:36] table, of course, in the sense you are talking about [02:19:38] about this 5%, the position that the conservative [02:19:42] wing will take is important, but it is certain [02:19:45] that there is also a resentment in the six-party table in the later [02:19:48] developing process. That is, the CHP and now, of course, the group that [02:19:51] has left, how their stance towards the new party will be clarified, [02:19:55] I don't know. If they make significant contributions to the constitutional amendment [02:19:58] and see changes that will satisfy them, [02:20:02] they might also act together. I want to include this. [02:20:06] What have we seen in these elections so far? In general, [02:20:09] despite the fact that people have very serious economic [02:20:13] problems, which by the way have become [02:20:16] increasingly aggravated, what was highlighted was [02:20:20] identity and belonging politics, that is, differentiations [02:20:24] based on cultural identities, religious and ethnic identities, [02:20:27] existential problems, security problems, etc. Now we also see examples of these. [02:20:31] The latest operation is also related to this. [02:20:35] As was said earlier, in unrelated accounts, [02:20:39] such measures were [02:20:42] taken. For example, a journalist, Tuğba Tekerek, was arrested, [02:20:46] wasn't she? Here, we saw the same [02:20:49] attitude of consolidating a differentiation through identity politics [02:20:52] again. So, there is a need [02:20:55] for a discourse that will shake this, that is, a discourse [02:20:58] that will shake identity politics and be inclusive. [02:21:02] The opposition needs to do this collectively. [02:21:05] Yes, the pressure is very high. "People might be hesitant [02:21:09] to speak up in this sense, but politicians are more [02:21:13] comfortable in this regard, at least they have immunity in this sense. [02:21:16] In terms of the new party, yes, they will struggle, [02:21:19] that is, these municipalities will probably also work [02:21:23] on the IBB, and work will continue [02:21:27] on other metropolitan municipalities they haven't taken. [02:21:30] I don't think they will stop, and [02:21:34] we might also see other parties that might change their position [02:21:38] in connection with this constitutional amendment." It was said for the party, but [02:21:41] I really don't know. If the election is to be postponed to 2028, [02:21:45] there is a huge 2027 ahead of us, we shouldn't dismiss this. [02:21:49] Of course, they will come with social aids, [02:21:52] that is, to prevent the voters from changing their preference [02:21:56] in times of economic hardship, [02:21:59] they will take measures. At this point, [02:22:02] the opposition needs to increase the voters' trust. [02:22:05] Unfortunately, these [02:22:09] lawsuits are a heavy, wearing process, but their internal [02:22:12] conflicts are another problem. The fact that even [02:22:16] the name of a new party has been discussed for a long time [02:22:19] is really wearing. It might be considered important [02:22:22] that it is mentioned a lot, but the fact that there is hesitation [02:22:26] even in a party name creates problems, especially [02:22:29] I would be concerned about it being left to the Constitutional [02:22:33] Court. Personally, I would be concerned. When and how [02:22:37] the Constitutional Court will make a decision, in which near [02:22:40] future, whether it will create a problem or not, would be a big [02:22:44] surprise. This needs to be overcome. That is, [02:22:46] the opposition, I won't just talk [02:22:49] about the new party, but the opposition bloc [02:22:52] needs to take more careful [02:22:56] measures against the political power's strategies. [02:22:58] Also, these changes in preferences, [02:23:02] that is, some of them were forced and under pressure, [02:23:05] it happened because of that pressure. These are well-known, [02:23:09] that is, we all accept the pressure, but there are also [02:23:13] choices that we find to be very [02:23:16] Here, the AKP wanted to show this, [02:23:19] that is, ultimately, there is a great misconception here. [02:23:22] Look, with this great misconception, one who is elected [02:23:26] like our side has achieved this in such a problematic environment. [02:23:30] They say they are incapacitating the opposition, right? Here, [02:23:33] a strategy is being pursued on multiple fronts, [02:23:36] that is, both operations and pressures to change preferences [02:23:39] and so on. Against all these, [02:23:43] very careful measures need to be taken. As I said, [02:23:47] from now on, I suppose [02:23:50] we will see more identity politics. This great operation is also a [02:23:53] sign of this, like its spokesperson. There is a need [02:23:57] for another discourse that will shake this. [02:24:00] Now, there is a need to see an opposition that has set aside [02:24:03] its internal problems and difficulties, but from now on, the conservative wing... [02:24:06] "Can there be a discourse that will provide [02:24:10] integration both in terms of the CHP and the new party? [02:24:13] I mean, when I say conservative opinion, I want to remind you [02:24:17] of the six-party table example. Problems were also created [02:24:20] in that process. There is a process, a time, to compensate for all these, [02:24:24] if it is 2028. But a constitutional [02:24:27] amendment might come beforehand. Let's not dismiss this at all, [02:24:30] because I don't think it will be done by saying it from the beginning. [02:24:33] That is, the AKP's own secret agenda." An agenda [02:24:37] that continues without even including its partner [02:24:41] tells us that its probability is high. [02:24:44] Okay, what is your opinion on this topic? Please share it briefly, and then [02:24:47] I will turn to my other guests. That is, if [02:24:51] such an early election is decided at an early date [02:24:54] right now, if it passes this decision through parliament, [02:24:57] after that, will the constitutional amendment agenda [02:25:01] be removed from the government's agenda, [02:25:05] or no, will its plans related to the constitutional [02:25:09] amendment continue, but will it feel more comfortable [02:25:12] there? Undoubtedly, it will feel more comfortable, [02:25:15] but if a constitutional amendment is made, the election [02:25:19] system after the constitutional amendment will also change. That is, [02:25:23] I don't know what kind of regulation they will come up with. That's why [02:25:26] today's speeches, these comments, undoubtedly Ms. Nuray's [02:25:30] comments are valuable, and the information she received is also valuable, but [02:25:33] we have seen that the political power, the AKP, has not [02:25:36] always done what it said. We have seen that the stated [02:25:40] and the actions are different. That's why they are at an important [02:25:44] junction point. Perhaps [02:25:47] gördüğüm bakın Devlet Bahçeli. [02:25:50] what I see is that Devlet Bahçeli insisted on 1 for a very long time, [02:25:53] for a very long time. But now we don't hear this from him, and [02:25:57] we started hearing about the constitutional amendment from him recently, [02:26:01] and yes, there are aspects of the regime that need to be corrected. [02:26:04] Now, these are the things being discussed, but the most discussed [02:26:07] are the early election debates. If they decide on the constitution, [02:26:11] then a different calendar will be implemented after the constitution. [02:26:14] Well, again, [02:26:17] commenting after seeing the constitution would be healthier [02:26:21] for the package to come. But let's not forget that [02:26:24] the last framework law was 467, if I'm not mistaken, [02:26:27] wasn't it, Mr. Gökmen? They got such a vote. [02:26:30] And with the articles they will regulate in the constitution, [02:26:34] with these changes in the regime, they might also get over 400 votes [02:26:37] in a package that cannot be rejected, for example, if the budget changes, [02:26:41] if the mother tongue and education, citizenship definition changes. [02:26:45] And then they might even easily bring themselves to a referendum [02:26:48] preference as a test. That's why I said [02:26:52] earlier about all these things, that is, [02:26:56] there is a need for a discourse that will reverse [02:26:59] these strategies and that the opposition will be able to make the people's [02:27:02] economic preferences a priority, that is, Lenin's saying, [02:27:05] "Our greatest friend is inflation." There is a need [02:27:09] for a different and inclusive, depolarizing, disruptive discourse [02:27:12] on this. That is, it cannot fix the economy. [02:27:16] I agree here. To fix it, they need to return to strict law. [02:27:20] Structural reforms, Mehmet Şimşek, if I'm not mistaken, [02:27:23] it's been over 3 years, and what was his first word, Mr. Gökmen? [02:27:27] It was to return to rationality. What is our rationality [02:27:30] right now? Is our rationality [02:27:34] the collapse of this seven-portfolio company? [02:27:37] Is our rationality the medium-term program that keeps falling back? [02:27:41] So, the problem is there, it's big. Fixing the economy would be a very temporary [02:27:44] bandage. They also see that it won't work. [02:27:48] They might also be taking measures to fix this system, this regime, [02:27:51] and from here, there might also be a demand [02:27:54] to instill trust in the people, that is, yes, the system is changing, the regime is changing, a new [02:27:58] constitutional package is coming. Okay, [02:28:02] our viewers are also sending us messages like this. First of all, [02:28:06] a viewer wrote about this execution. Kenan Birkan says, the sentence is the same, [02:28:10] the crime is the same, the person is the same, the citizen of the legal order, the person is the same citizen of the legal order. [02:28:14] So why is the execution different? This distinction that emerged [02:28:17] in the July 31st Covid law "must have a reasonable [02:28:21] and fair justification, our request is very clear, equality and [02:28:24] justice," he says. Batı Tunç said, [02:28:27] "More economy should be discussed." [02:28:30] We are discussing a lot of economy in this program, Mr. Batı. That is, my [02:28:33] professor is here, and my other guests are also interested [02:28:37] in economy despite it not being their field, and they are conveying their comments [02:28:40] to us. But of course, you are right. That is, diesel, [02:28:43] stock market, poverty, [02:28:46] then sold forests, [02:28:50] lands, retired," "the hunger situation of minimum wage earners, [02:28:53] unemployment, youth. Our viewer is bringing these up. [02:28:56] One of our viewers said [02:28:58] that he is also a little angry, but not really at us, [02:29:02] but at the opposition. He says, "You say Erdoğan cannot be a candidate, [02:29:06] but every evening you run him [02:29:08] in surveys as a candidate." [02:29:10] "You position Erdoğan as a candidate in surveys and discuss him." [02:29:14] Yes, Professor Dumain, he seems to be a little angry at you too, but [02:29:17] you are a political scientist. He's angry at YSK, I think." [02:29:21] The citizen is angry at YSK, and we are also angry at YSK. [02:29:24] That is, if he cannot be a candidate, then the surveys [02:29:28] should ask who will win instead of Erdoğan, not [02:29:32] who will win against Erdoğan. Either believe his rhetoric or [02:29:35] his survey, both cannot happen at the same time. The opposition cannot create [02:29:39] a politics without Erdoğan. Here, he is criticizing the opposition. [02:29:42] We are acting on the assumption that the existing law is invalid [02:29:46] in practice, because that's what's happening. The citizen's reaction is correct, [02:29:50] but a program cannot be made [02:29:54] by assuming that there is no such situation. You said that, it sounds [02:29:57] a bit like a scolding for me, so no, it's not a [02:30:01] necessity. Now, just a second, [02:30:04] Ms. Figen, a citizen, if I don't read this message completely, [02:30:08] he'll attack me. This opposition, he says, [02:30:12] cannot create a politics without Erdoğan. For example, this might actually [02:30:16] be a criticism that the opposition can take seriously, [02:30:20] in the sense of creating a politics that leaves him behind. It constantly defines itself through [02:30:24] him, and this invalidates its own argument with its own hands. [02:30:27] As a result, there is a serious strategic inconsistency. [02:30:30] He did a very good job. Yes, I read it from beginning [02:30:33] to end. His name is Voyager Scribe. Then, Bahtisen Beyazyavuz also [02:30:37] said something like this: "All comments disregard the people." [02:30:41] Don't misunderstand, not your comments, I just conveyed [02:30:44] Mehmet Huçum's words, and Şamil Tayyar's [02:30:47] and Nuray Babacan's conveyed information. [02:30:50] "Based on AKP backstage information, they will do this, they will trick [02:30:54] old friends, etc., etc." These comments, he says, are "abstract [02:30:57] words that disregard the people, that don't even touch on what reflexes [02:31:01] they will show, and that have no chance of coming true, [02:31:04] only in line with the wishes of the party elites. If you [02:31:07] go among the people and look, you will see that they are waiting with their cards [02:31:11] open," he says. They have opened their cards, [02:31:14] they are waiting, according to our viewer. There is also a comment from [02:31:18] a citizen there about the fund. He took a fund, he asked a question [02:31:22] about it, did you see it? I didn't answer it. [02:31:25] That is, he took a money market fund from Terra. [02:31:28] He also wrote below, he is asking, "What about our fund?" [02:31:32] I'll answer it when the time comes, but let his curiosity be satisfied, that is, danger. [02:31:36] Is there such a thing as normal conditions? I'm going to tell you [02:31:40] that there's a strange situation there. Under normal conditions, money [02:31:43] market funds are the most liquid assets, and there shouldn't be any risk there. [02:31:47] But here, there's [02:31:50] a problem with the TP2 fund that the citizen mentioned, and there's also a [02:31:54] legal process there. Normally, reverse repo transactions constitute about [02:31:57] 65-75% of these. [02:32:01] These are government securities. They are backed by government debt securities, [02:32:04] and these are assets that can be easily [02:32:08] converted into liquid cash. However, in this [02:32:11] example, there's a situation where a corporate stock is used as collateral to provide [02:32:14] financial support. [02:32:18] This is actually contrary to the nature of that instrument. [02:32:22] Therefore, an arrest operation has already taken place there. [02:32:26] This process seems to be turning into a more legal process. [02:32:29] There might be a loss there [02:32:33] in proportion to its share, of course, but apart from that, it will be [02:32:37] a more guaranteed [02:32:40] fund compared to other stock funds, actually. Thank you very much, professor, [02:32:43] because we attach great importance to the participation [02:32:46] and questions of our citizens. We are broadcasting within such an interaction. Mrs. Pigen, [02:32:49] were you going to add something in a sentence just now? I was going to say [02:32:53] for this execution package, those who ask are right, [02:32:57] of course. I mean, we already talk about it at other times, [02:33:00] but as you know, [02:33:05] I think it will be addressed in the process. That is, after [02:33:09] this framework law, the execution package will also be [02:33:12] looked at collectively. This is my expectation. Okay, okay. [02:33:15] Fikret Abi, Şamil Tayyar says, "I have a suggestion." He says, "Let's [02:33:19] announce the date of the early elections." He says, "Let's make this decision in the parliament [02:33:23] now, let's make an early decision [02:33:26] for early elections." So, the early election itself [02:33:29] is not very early, only a month before the normal election, but he says, "Let's make this decision [02:33:33] early." Yes. [02:33:36] He says, in that case, stress will decrease, [02:33:39] normalization will begin. That is, does he mean peace will come to the country? I don't know what he means, [02:33:42] but will it, Fikret Abi? [02:33:45] So, Şamil's approach there, as I stated earlier, [02:33:48] is to guarantee President Erdoğan's re-candidacy. [02:33:52] Currently, the atmosphere in the parliament [02:33:55] is suitable. If a process with the party is carried out, [02:33:59] and if the party's expectations [02:34:01] are met, even if partially, support can be obtained. [02:34:05] Independents can be given a guarantee of re-election. [02:34:08] And if other parties, [02:34:11] such as DEVA and Yeniden Refah parties, are approached and their re-entry [02:34:15] into the parliament is guaranteed, then this support will be provided, and [02:34:19] an early election decision that will ensure President Erdoğan's [02:34:22] re-candidacy will be made now. [02:34:26] There is a sense of urgency in this [02:34:29] proposal because perhaps next [02:34:33] year, when the early election decision is made, the [02:34:36] stance of the parties in the parliament might change, the [02:34:40] stance of the HDP might change, they might not be able [02:34:43] to make an early election decision, they might not be able to find this majority. [02:34:46] In that case, Mr. Erdoğan cannot run again. These [02:34:49] are statements aimed at eliminating this risk. That is, [02:34:53] Mr. President also said that we will overcome the early elections. [02:34:56] He is actually reflecting a [02:34:59] problem there in that statement." [02:35:08] he states. While Mr. Bahçeli says that [02:35:11] we have to make some regulations, [02:35:14] the lowering of the election threshold may come [02:35:18] to the agenda so that the MHP does not face a threshold problem, [02:35:21] there is such an approach. However, [02:35:25] the government accepting the constitutional amendments [02:35:28] that the HDP wants and fulfilling [02:35:31] them can gather a very big [02:35:35] reaction from the voters. For example, [02:35:38] changing the definition of citizenship, that is, [02:35:41] removing the word "Turk" or, as the HDP wants, [02:35:45] including Kurds as a founding [02:35:48] nation in the constitution and accepting [02:35:52] Kurdish as the official [02:35:55] language of education, these are their expectations [02:35:58] as part of Article 42. These are very big decisions. These [02:36:02] would be changes that are incompatible with the [02:36:05] qualities of the Republic of Turkey founded by Atatürk. [02:36:08] A big reaction could really come from the voters, [02:36:12] a very big reaction from the public. We need to sound [02:36:15] out that side as well. What do the voters say, what does the public say, what does [02:36:19] the majority say? Because I reminded you earlier, [02:36:23] after the period of 2013-2015, [02:36:25] in the 2015 elections, [02:36:28] the voters removed the AK Party from being the sole [02:36:31] ruling party. They could react like this [02:36:34] again. Therefore, it becomes increasingly [02:36:37] difficult for them to get the result they expect. What is your [02:36:40] opinion on this? So, Şamil, or rather Şamil Tayyar, I apologize, [02:36:44] says that if this decision is made now, [02:36:48] normalization will occur, stress will decrease, and the country will be in peace [02:36:52] until that date. Will it happen? Will it? [02:36:54] So, the AK Party will relax, Mr. Erdoğan will relax, the MHP [02:36:58] will relax, Bahçeli will relax. Such a relief will emerge, [02:37:02] but regarding the new party, Professor Doğan says, "Everyone's [02:37:05] peace is their own," Fikret Abi. Of course, that's what I'm saying too, [02:37:09] that is, the government, the government's peace will come, but [02:37:12] there will be no change in its attitude towards the opposition. [02:37:16] Many operations are being carried out [02:37:19] against the new party, including pressure to change its name. [02:37:23] Journalists are being arrested, scientists [02:37:26] are being arrested, municipal council [02:37:30] members are being arrested, mayors are being arrested. All [02:37:33] of these will continue, but the ruling [02:37:37] side will be at ease, it will relax, because justice [02:37:40] will be finalized. That is, the tension that Şamil mentioned [02:37:43] will disappear only on the side of. This tension will disappear, [02:37:47] but the government's pressure on the opposition, [02:37:50] especially on the new party, will continue. We see this every [02:37:54] day with a new initiative. [02:37:57] Their pressure on municipalities, their attempts to gain a majority in municipal councils, [02:38:01] to transfer municipal council members, or to win the election for deputy mayor [02:38:05] by arresting them will continue. What could happen [02:38:09] economically? I know [02:38:12] this: "When elections approach, this government tends to [02:38:16] give wage increases to public employees, [02:38:19] civil servants, and pensioners, and it creates an expectation [02:38:23] that these increases are being made in exchange for votes [02:38:25] in the election. This also reflects [02:38:29] in the ballot box, which is true. So, [02:38:33] if this is to happen next year, a significant wage [02:38:36] increase could be provided at the beginning of the year. [02:38:39] However, unless the inflation problem [02:38:43] is solved, we have already seen that those increases melt [02:38:46] away within a month or two in previous years. The same thing [02:38:50] would happen again," we can say, Gökmen. So, [02:38:53] Professor Murat, Fikret Abi says, "Peace will come, but it will come [02:38:57] to them." As he says in the movie, "Don't say that about our Sivas, our Sivas is growing, [02:39:01] growing for you?" That is, peace is coming, but for [02:39:04] us or for whom? I don't know how peace happens, [02:39:07] but what do you say about these plans? [02:39:10] We are also curious about whether the government will actually [02:39:13] get what it wants in this regard. That is, if it gets this decision made [02:39:17] early by the parliament and if [02:39:20] the early election date is announced in April 2028, [02:39:24] and if Erdoğan's re-candidacy is guaranteed, [02:39:27] will things change in his subsequent steps, [02:39:31] whether it's about the HDP, the process, or the economy? [02:39:34] Will he feel more comfortable, or will something else happen? Is it [02:39:38] possible to make such projections, in your opinion? So, there, [02:39:42] of course, by reading the public, by reading public opinion, [02:39:45] perhaps he might prefer not to take some steps [02:39:48] he should take in that process if he sees a big reaction against him. [02:39:52] But we should not forget that there is [02:39:56] also a Kurdish vote he can win from his side. [02:40:00] Therefore, he will also go to the polls, and he will make a cost-benefit analysis [02:40:03] there. That move didn't help him much [02:40:07] in the past. He will see if he can turn it in his favor. He is already [02:40:10] gauging the market with polls, but as I said, [02:40:14] unfortunately, my expectation there is not [02:40:17] at all such [02:40:20] an alarming expectation. Perhaps, we saw [02:40:24] between the June-November elections how the elections [02:40:27] suddenly turned around, unfortunately, [02:40:30] by increasing pressure [02:40:33] on society, by making the opposition [02:40:36] unable to do its [02:40:39] job, I think [02:40:42] it will progress and try to secure [02:40:45] the election. Because otherwise, [02:40:47] it doesn't seem very possible to turn this around. It's not something [02:40:50] that can be done by gaining ground with small moves here and there. [02:40:54] As we just said, people don't vote with instructions [02:40:57] from above, and they can vote very contrary to the instructions [02:41:00] from above. That is, their party can be on the other side, and the voters can be on the other [02:41:03] side. The most important party here [02:41:07] is the anti-Erdoğan party or Erdoğan's supporters. [02:41:10] That is, society is polarized in this way. No matter how much you try [02:41:14] to divide [02:41:21] it turns into a tiny party, and as we approach the elections, [02:41:24] we can even see it disappear. [02:41:27] In such an environment, the tactics of creating a CHP, creating [02:41:31] new whatever, dividing them like this, don't work. For [02:41:35] example, in Nuray Babacan's article, there was a [02:41:38] problem: dividing the conservative bloc [02:41:40] by supporting it doesn't work much, because [02:41:44] they are not alternatives to each other. They vote for their own party, [02:41:48] and on the other side, they vote for the presidential candidate, as in the past. [02:41:52] To do this, for example, the name of the CHP is never mentioned. They have to support the CHP. [02:41:55] Because the alternative to the CHP taking votes from the new party [02:41:59] means the disappearance of the CHP. The CHP will come out [02:42:03] with a completely anti-new party propaganda. They need to support [02:42:07] the CHP even though its name is not mentioned. The main problem here [02:42:11] is that none of these are as strong [02:42:14] as the anti-Erdoğan sentiment. [02:42:17] A move that will change this, a move that will break [02:42:20] this, can only be achieved by increasing prosperity in the economy. [02:42:22] That is, Turkey needs to open a new path. But this is not [02:42:26] possible under current conditions. That's [02:42:29] why I keep returning to the same point. [02:42:33] New moves may come that will make it impossible [02:42:36] or difficult for the opposition to do its job. [02:42:39] Istanbul Municipality is one of them, a very important stage, [02:42:43] by the way. But it can also drag on. That is, [02:42:46] we can also see other names being removed from politics, [02:42:49] being passive. For example, yes. [02:42:53] Now, I will also take Professor Doğan's [02:42:56] comment on this [02:42:57] but [02:43:00] let me move forward by asking this [02:43:03] and take his comment in that way. If the government really [02:43:07] makes such an early decision on early elections and puts it in its pocket, [02:43:11] then will it be a favorable situation for large [02:43:14] segments of the public, public opinion, [02:43:18] I don't know, different [02:43:21] segments, or will there be [02:43:24] normalization, etc.? Or will the government [02:43:27] continue to do what it knows [02:43:30] in terms of repressive policies, operations, [02:43:34] and not complying with the decisions of the Constitutional Court, [02:43:37] not releasing those inside? What do you say, professor? Now, people [02:43:40] are complaining, of course, they are also writing [02:43:44] on social media and so on. What do they say? They react, they say, [02:43:48] "Don't talk about that, talk about this, this is important, that is important." [02:43:51] They are right, they are right, but they are wrong [02:43:54] on this point, because will there be an early election or [02:43:58] not? Now, this is actually not a very important issue. [02:44:02] I am generally an optimistic person and I believe that there will be [02:44:06] a significant transformation in Turkey in the near future. Because [02:44:09] Erdoğan, the current regime, the AKP [02:44:12] government, its current support, its social [02:44:16] base, still has a significant social base. [02:44:19] But the main reason for this is that it is a party [02:44:22] state. That is, the system we live in [02:44:26] is a party state. The elements of this [02:44:29] party state, its civil servants, [02:44:32] those who serve it, the people [02:44:36] involved in its economic distribution system, constitute a significant [02:44:39] portion of the population. This is not like in old Turkey. [02:44:43] This government has tied a significant [02:44:46] portion of the population to itself. [02:44:49] Therefore, you cannot lower the AKP's social base, [02:44:53] its vote depot, below a certain point. And even, [02:44:56] for example, there are groups who feel compelled [02:45:00] to continue with the AKP politically, primarily the elements [02:45:03] of the People's Alliance, and besides them, when you consider those who participate [02:45:07] in these operations with the AKP and so on, [02:45:11] since they have to continue with the AKP, people ask, if there are so many [02:45:15] crises, if there is so much reaction from the public, [02:45:18] why can this AKP government still [02:45:21] get so many votes, even if they have decreased? It's because [02:45:25] those people are compelled to the government [02:45:27] and even want it to continue. This is a very powerful lobby. Let's put that aside for now. [02:45:31] Secondly, early elections or not, it has no [02:45:34] importance for the election. Or the great [02:45:38] importance of the election may not be in the next election. We need [02:45:41] to admit that this regime is a rotten [02:45:45] regime. There is a very serious social reaction to this regime. [02:45:48] It cannot gain legitimacy, both in terms of international [02:45:52] relations. Look, today, America approved 45 F35s to Saudi [02:45:56] Arabia. We are a NATO country, but it cannot give us. It is struggling [02:45:59] greatly. We will talk about it later. He will meet with Trump and so on. Why? [02:46:03] There is a legitimacy problem because we are giving it to him. That is international diplomacy there. The country [02:46:07] also has very serious problems, and the [02:46:10] anti-Erdoğan side is much larger. But we need [02:46:14] to say this clearly: I am hopeful for the future. [02:46:17] Erdoğan no longer has a great following among the oppressed, [02:46:20] among the working class, among the middle classes, among tradesmen. [02:46:24] Therefore, the future will be against the pillars [02:46:28] of this regime. Let me say that. But [02:46:31] when it comes to the upcoming elections, early or [02:46:35] not, we all see it in some way. We [02:46:39] faced it in the Üsküdar municipal elections. That is, people, [02:46:43] council members, people who will vote were detained, [02:46:46] the municipality was isolated, [02:46:50] surrounded, people were arrested. That is, [02:46:53] transfers of people who would vote for him took place, [02:46:56] or they were threatened with arrest [02:46:59] in an environment. Now, what does this show us? It shows us this: [02:47:02] the continuation of the operation against the new party, the CHP, and [02:47:06] the new party. What is this? You had [02:47:09] a very serious presidential candidate, his diploma was cancelled, [02:47:13] he was arrested, he is currently inside. Now, look, [02:47:16] we are going to elections in such an environment. What else happened? A completely [02:47:20] different administration was brought to the main opposition party, it was interfered with, [02:47:24] that party was actually closed down. We put that aside too. [02:47:28] The diploma was cancelled. The opposition had a very serious local election success, [02:47:31] they had councils, they had municipalities. What is [02:47:35] happening now? Council presidents, mayors [02:47:38] are being arrested. And so on, there is an operation. [02:47:42] We say immunities can be lifted. Now, which election are we [02:47:45] talking about? That is, because we are talking about [02:47:48] an election held under these conditions, there is a new party [02:47:52] standing in the middle in an election held in such [02:47:55] an environment. But the new party is alone. Now, we are [02:47:59] writing on social media here, we are talking here, but now, regarding the new [02:48:02] party, Özgür Özel has risen as a leader [02:48:05] outside the new party. What are all the other [02:48:09] anti-Erdoğan parties or democratic mass organizations, [02:48:13] opinion leaders, journalists doing, [02:48:16] Gökmen Bey? They are [02:48:18] doing [02:48:21] only one thing: giving advice to Özgür Özel. [02:48:24] Are they doing anything else? There are many [02:48:27] really wants. Darling, democratic, legitimate. [02:48:30] Are these channels being used? Are our citizens using [02:48:34] them? Is our public using them? Are other democratic mass organizations [02:48:37] using them? There is an organization called DISK, for example, isn't there? A workers' [02:48:41] union, or organizations like that. [02:48:44] That is, today, there is very serious pressure. [02:48:48] An incredible operation has been carried out on the main opposition party. [02:48:51] But from journalists, opinion leaders, intellectuals, [02:48:54] democratic mass organizations, and other political [02:48:57] parties, no one is doing anything [02:49:00] other than telling Özgür Özel what to do. Therefore, one needs to understand [02:49:04] Özgür Özel at some point. Therefore, there is criticism from the left, [02:49:08] and criticism from the right, from nationalists. Because the anti-Erdoğan [02:49:11] sentiment in this society is also a monolithic [02:49:14] bloc. That is, there are nationalists, [02:49:17] there are social democrats, there are socialists. But everyone [02:49:21] says that until now, the CHP pursued a right-wing, conservative [02:49:25] policy to persuade them. Those who criticize from the left say [02:49:29] that it seems there was no support for it, let's oppose from the left. [02:49:32] They say, "You are collaborating with the Kurds, you are acting with them." [02:49:36] Nationalists are acting from there. But what is Özgür Özel trying to do? [02:49:40] The anti-Erdoğan supporters who are doing nothing themselves, [02:49:43] those who are doing nothing. Do we have immunity [02:49:46] or something? No, [02:49:50] but you are also a citizen. Now, Özgür Özel's [02:49:53] difficulty is there. That is, he has to satisfy all these people [02:49:57] who are doing nothing and giving him advice, as a politician, of course. [02:50:01] But under what conditions? We will go to a commercial break. I'm finishing. [02:50:04] Under what conditions does he have to satisfy [02:50:08] them? He has to satisfy them while [03:00:17] I was trying to say this, uh, against [03:00:20] the main opposition party, from absolute Butland to diploma cancellation, [03:00:24] up to, uh, operations in municipalities, a very serious operation [03:00:27] is underway, uh, and this will of course be reflected in the elections, whether [03:00:30] there is an early election or not. "In this environment, [03:00:34] in such an environment, in an environment where such an operation is ongoing, [03:00:38] elections will be held, but in the medium term, the opposition needs [03:00:40] to stand firm, to pull itself together, not to be demoralized, [03:00:44] it is important for the opposition to stand with a will to democratize [03:00:47] the regime in Turkey in the medium term, [03:00:50] not like 'I'm sulking', if this doesn't happen, that is, in this [03:00:54] climate, in a place where there is a single-party rule, under these conditions, [03:00:58] the main opposition party trying to stand on its feet and left alone, [03:01:01] because currently." As I said before, from intellectuals [03:01:05] to university professors, from democratic mass organizations to other opposition [03:01:09] political parties, they are nowhere to be seen, therefore [03:01:13] the new party is trying to do something, and the operation is [03:01:16] being carried out against it, apart from that, the government of course has other games [03:01:20] as you reflected, therefore we should not be too pessimistic, [03:01:24] uh, in the medium term, there are very serious grounds to be hopeful, [03:01:27] but this election is not a life-and-death election for [03:01:31] Turkey, such a thing. [03:01:45] how the next election will turn out will not determine [03:02:02] right. Yes, cried. [03:02:04] A statement came from the Presidential Candidate Office regarding this issue, [03:02:07] friends, its visual is at 6, I would like [03:02:10] you to give me visual number 6, please. [03:02:14] What happened during the hearing of the IMM case? [03:02:18] The message from the Presidential Candidate Office shares it as follows: Tears [03:02:22] on the stand. Tears on the stand. [03:02:25] For months, I've been saying the same thing about [03:02:28] the IMM investigation. Spouses, children, were targeted [03:02:31] and held hostage, I said that confession came with family torture. [03:02:35] A live example of this happened yesterday on the stand in court. What he [03:02:39] meant by yesterday happened the day before. [03:02:42] It was thrown yesterday because of this. The ağa, who was subjected to the ugly [03:02:46] accusations of a 30-year family friend. [03:02:50] Our general manager Ali Sukas asked you this: Would you have given this statement if your [03:02:53] son hadn't been arrested? The ağa, who was subjected to the ugly accusations [03:02:57] of a 30-year family friend, general manager Ali Sukas asked [03:03:01] you this: Would you have given this statement if your son hadn't been arrested? [03:03:04] This question made the defendant on the stand cry. Tears [03:03:07] flowed. The defendant on the stand, over 60 years old, [03:03:11] while wiping his tears with his friend's [03:03:13] question, could only say, "I don't want to answer this [03:03:17] question." This question made the defendant [03:03:20] on the stand cry, tears flowed, the defendant [03:03:24] on the stand, over 60 years old, while wiping his tears with his friend's [03:03:28] question, could only say, "I don't want to answer this [03:03:31] question." These sighs will surely have a price, this [03:03:34] injustice will surely have a consequence in a fair trial. Mr. İsmail, [03:03:38] what exactly happened there, what was the incident? So now the incident [03:03:41] is this, the person who gave this statement, Mengir, [03:03:44] uh, his son. [03:03:47] His son-in-law Dinçer Kantar is also arrested in this file from the beginning. [03:03:50] The claim is that, [03:03:53] uh, they have 500 million lira worth of receivables, [03:03:57] and to get this, they are released by giving an effective [03:04:01] repentance statement that they transferred their 50 million lira worth of real estate [03:04:04] at low prices on paper. Now Ali Sukas, of course, [03:04:08] asked this in court, "Did I ask you for any benefit?" [03:04:11] He said no. That is, he [03:04:14] asked again about the accuracy of these matters, "Absolutely, such things did not [03:04:18] happen," he said, and finally he asked [03:04:21] this question: "If your son had not been arrested, would [03:04:24] you have given such a statement?" The man couldn't bear it, he cried [03:04:28] on the stand and said, "I don't want to answer this question." [03:04:31] Now, [03:04:33] what the esteemed president [03:04:35] wrote is actually this incident. Now these things are happening [03:04:39] before our eyes. Look, these things are happening [03:04:42] every day. What lies beneath his [03:04:46] crying? What lies beneath his crying is this: he has a friend, [03:04:50] Ali Bey, a very close family [03:04:52] friend, [03:04:54] and it's completely the outward manifestation of the injustice he did [03:04:58] in the past, that is, because Ali Sukas's [03:05:01] accusations against him are one of [03:05:05] the biggest ones, and many people gave such [03:05:08] statements against Ali Sukas in the Ağaç Ağşiya [03:05:12] file, and almost all of them in their statements [03:05:15] given in court. They [03:05:18] retracted, [03:05:20] and this was the last link in that chain, but for the first time, I witnessed [03:05:23] someone crying on the stand with an emotional [03:05:27] release, let me put it that way, "I don't want to answer [03:05:31] this question," yes, "I don't want to answer," because the question is very clear: [03:05:34] "If your son hadn't been arrested, would you have given such a statement?" No, look, this has [03:05:38] happened many times, Murat Kapke, you know [03:05:42] about this, Murat Kapke's place in the advertising [03:05:45] file, in the Media advertising file. [03:05:48] One of the most important and upon which the indictment was built, [03:05:52] one of the effective repenters, Murat Kapke, clearly said, "When I was taken [03:05:55] in, I was informed that my wife [03:05:58] was also in custody, and I was forced to give such a statement." [03:06:02] These are things that were openly expressed in court. Look, yesterday, [03:06:06] Murat Ongun, when the last [03:06:09] statements were finished, by the way, let me also say this, in the evening, [03:06:11] uh, today it was around [03:06:14] 7 o'clock, uh, yesterday it finished a little [03:06:17] early, uh, so let's say these things so that [03:06:21] tomorrow or the day after they don't say we didn't say it. Muraton took the floor [03:06:24] specifically and used a sentence like this: "This evening," he [03:06:28] said, "Mr. President, you bring everyone [03:06:31] here, [03:06:33] you ask these people, especially those who give effective repentance [03:06:36] statements, first, 'Do you repeat your statements?' [03:06:40] 'Yes, I repeat my statements.' 'Do you stand by your words?' 'I stand by [03:06:44] them.' What happens 5 minutes later? [03:06:48] Upon cross-examination, it is understood that [03:06:52] almost all of these people, look, with one or two [03:06:55] exceptions, [03:06:58] uh, from what I understand [03:07:00] from their statements, [03:07:03] they think they will be arrested at any moment if they retract, [03:07:07] that's why I think they are. [03:07:10] 5 minutes later, upon cross-examination, 'No, I didn't actually see such a [03:07:13] thing, I said what I heard, I told what I heard,' we [03:07:17] witness them giving statements like this, 'Who will protect [03:07:21] our rights, our law?' he asked very clearly, because the same thing happened [03:07:25] yesterday, look, an effective repentant named Kabil Taşçı came out. [03:07:29] "He had also given a statement in the same way, about [03:07:32] bribery and so on, mixing with tenders, [03:07:35] 'Am I involved in such a thing?' he said, 'Did you see such a thing?' [03:07:39] 'No, I didn't see it,' he finally said, 'I have a close friend named Vedat, [03:07:42] I heard it from Vedat,' he gave such a statement finally, look, all of these are [03:07:46] in the records, we constantly come here, we [03:07:49] explain these things, that this file is not like this, [03:07:53] that there is no evidence in this file, that there is nothing [03:07:56] except for effective repentance statements [03:07:59] in this file." We are saying there is nothing, look, we are saying [03:08:02] it many times, yesterday, for example, uh, [03:08:06] again, uh, another friend came [03:08:09] to the stand, one of the effective repenters had given a statement [03:08:12] against him, he shouted and explained, "I went to a man in the tender [03:08:16] entitlement unit, had the document signed and [03:08:19] left," whereas the man in his effective repentance statement said, [03:08:23] "They were arranging the tenders among themselves," the child rebelled, [03:08:26] that is, "In my life, I only once, [03:08:30] how did I sit down and tell my secrets to a person I saw [03:08:34] only once, like this and that and so on?" It's always the same story, always the same [03:08:38] things, so [03:08:40] that emotional outburst is now the final point of the matter. [03:08:44] What should normally happen is that you should take [03:08:48] legal action against all those who give [03:08:51] such statements at the end of the statement, but, uh-huh, that is, not to intimidate [03:08:55] others, but you will take legal action, you will accuse them of abuse [03:08:58] of rights, or you will say that there [03:09:02] is no proper indictment here, and in this file, we [03:09:05] first of all need to immediately end these [03:09:08] arrests, you need to say this, but this is stubbornly [03:09:12] not being said. Look, at the end of the last session, [03:09:15] uh, during the monthly detention review, the prosecution, [03:09:18] it's like a joke, requested the continuation of everyone's [03:09:21] detention, look, everyone's. Two people were released, the prosecution even [03:09:25] objected to that. So actually, the situation has reached [03:09:29] this point: "There is no trial here, there is no [03:09:32] judicial activity here, there is stubbornness here, [03:09:36] there is stubbornness here, we have locked [03:09:38] you up here, and we will not release you [03:09:42] until we get a result from here," such a subtext [03:09:45] is being given to people and to society, whereas [03:09:48] this is an unacceptable [03:09:51] situation in any way. Look, for example, [03:09:55] I just explained that hearings go on until midnight here and so [03:09:59] on and so on." We explain how much the effective repentance [03:10:03] statements have been retracted, we explain, [03:10:06] uh, even the simplest statements, look, that is, [03:10:10] the situation, Mustafa Akın's situation, look, there are situations of those [03:10:13] who have only one act of accusation, did something like this happen, [03:10:17] İsmail Hüsnu Yüksel Tunar, yes, he says, "Do you know me?" [03:10:21] Yes, a very funny incident, Dinçer Kantar says, "No," [03:10:24] his son-in-law Hüsnu Yükseltünar then says, [03:10:28] "You said you delivered the money." [03:10:30] He says, "Yes, this is the son-in-law of the crying person," for example, [03:10:33] he gave such a statement. He asks, [03:10:36] "Do you know me?" "No, I don't know you," [03:10:39] he says, "Don't you know me?" "I don't know you, who am I, [03:10:43] I am the person you said you gave money to," he says. Now this, [03:10:47] look, sometimes when we tell [03:10:50] these things here, I think we are telling parables, odes, [03:10:54] like legends, mythology, but these are real, these are happening. [03:10:58] For example, I say in my police statement or my prosecutor's [03:11:01] statement, etc., in a way that will enter the indictment, I say [03:11:05] I gave money to İsmail Emre Telci. Yes. [03:11:08] Then I meet İsmail Emre Telci in the courtroom. İsmail [03:11:12] Emre Telci says to me, "Gökmen, do you know me?" I say, "I don't [03:11:16] know you, İsmail." "Then," he says, "why did you give me [03:11:19] money?" He says, "I am the person you claim to have given money to." [03:11:22] But look, these scenes are happening almost every [03:11:25] day. Look, they are happening every day. And [03:11:29] what was the peak of this? It was Ertan Yıldız's statement. [03:11:33] In Ertan Yıldız's statement, they cut off Fatih Keleş's lawyers' [03:11:36] third question. Yes. They pulled him out of there. [03:11:40] Look. This trial, if [03:11:43] there is really a trial. Yes. There are certain things [03:11:46] that need to be done for it to really happen. One, [03:11:49] detentions must be ended immediately. Two, [03:11:52] Ekrem İmamoğlu's defense must be taken. His day and [03:11:56] time must be determined and a reasonable time must be given. Why? [03:12:00] Not one day, two days, not too much, Ekrem Bey doesn't [03:12:03] want 20 days, doesn't want 10 days, 4-5 days [03:12:06] is enough, three, some [03:12:09] interrogations were cut short, some interrogations [03:12:12] were cut short, the cross-examinations of those [03:12:16] we call effective perjurers, effective repenters, must be [03:12:18] completed, they must be brought back, the question and answer [03:12:22] part must be completed, even if it's just formally, [03:12:26] these must be done, look, I don't see any trial [03:12:30] in progress even if these are done, I understand, because [03:12:33] why? I'll say my last point, when that interrogation [03:12:36] was cut short, what did the president say? "You will make [03:12:39] it a ground for appeal." Look, we will never forget this. [03:12:43] When does a ground for appeal arise? If a decision is made [03:12:47] against you, then you appeal the file. [03:12:49] So a decision has been made [03:12:52] against you. Do you understand? That's the point here, [03:12:55] so if your opinion is wrong, then the president should correct it. Yes, no, [03:12:59] no, that is, you are drawing such an assumption from this word, of course, [03:13:03] if he said, "I said it by mistake, it just came out of my mouth," but [03:13:06] these, this sentence is not a sentence [03:13:09] that can even accidentally come out of one's mouth, I would like [03:13:12] to specifically note this. Well, sir, uh, former MASAK [03:13:16] Vice President Ramazan Başak is also our guest in this segment [03:13:20] via remote connection. Welcome, Mr. Ramazan. Thank you, [03:13:23] Mr. Gökmen. Greetings to our guests, hello there. Thank [03:13:27] you very much, uh, Mr. Ramazan, [03:13:30] there's a media outlet called Bloomberg, it said that this is [03:13:33] like a 20 billion dollar thing, that is, that [03:13:36] explosion in funds, the bubble burst, the system [03:13:39] collapsed and so on, that is, a 20 billion dollar [03:13:43] thing is being talked about, a story is being talked about, it's not small. Now, [03:13:46] there's a part of this business like "bir evim, katılım evim" (my house, participation house), [03:13:50] that's the companies part, there's the holding [03:13:53] that houses them uh, doing something, [03:13:57] failing, and then this [03:14:00] time there's the stock market crash, some funds [03:14:03] and so on doing something, what [03:14:07] is it, Tera, Pusula, Tera, Tera ile [03:14:09] Pusula, Destek, uh, yes. [03:14:13] We can say their names, right? It's getting involved in many places, [03:14:16] after that. [03:14:20] news [03:14:23] we can say. Holding CEO Emre Tezmen also said, [03:14:27] "I would like to state here openly that my respect, love, and [03:14:31] faith in our President and his team who work day and night for our country's [03:14:34] independence are endless. In line with [03:14:37] the national vision represented by our President, we will resolutely [03:14:41] maintain our local and national stance in every platform and at every level [03:14:44] of responsibility for our country's needs, not just in the financial [03:14:47] sector." [03:14:50] Uh, professor, you are a financial crimes expert, that is, former MASAK [03:14:53] vice president. What happened here, what [03:14:56] triggered it, where were mistakes made, where was there [03:14:59] negligence? Now, uh, Mr. [03:15:02] Gökmen, this incident, uh, [03:15:05] when you consider that the capital market board was established in 1981, [03:15:09] it is the most destructive, [03:15:12] most trust-eroding, and most investor-suffering [03:15:15] event in the 45-year history of the capital market. [03:15:19] Let's add a fourth one: it is the biggest [03:15:23] event where these crimes were committed knowingly, [03:15:26] right before the authority's eyes, [03:15:29] leading to this destruction, this loss [03:15:33] of trust, and hundreds of thousands of [03:15:36] investors being victimized. Let's first [03:15:40] clearly state this. Well, [03:15:44] how did we get to this point? Unfortunately, [03:15:47] we got to this point because some [03:15:51] profit-motivated networks or [03:15:54] uh, ill-intentioned [03:15:57] people engaged in certain market manipulation [03:16:00] activities in certain stocks, leading [03:16:03] to an abnormal surge in the prices [03:16:07] of those shares. Among these [03:16:10] are the Tera and Pusula groups, which are the subject [03:16:14] of today's question, as well as groups related to [03:16:17] Destek or Hedef, and other groups will emerge, [03:16:20] because currently the investigation, as [03:16:24] we see, will expand. Basically, the main [03:16:28] reason for today's destruction is the abnormal [03:16:32] increase in the value of these shares by 100, 200, 300, [03:16:35] or 400 times through some dubious [03:16:38] transactions, detached from their real value. [03:16:41] Now, in these stocks, when this process [03:16:44] of fraud resulted [03:16:47] in abnormal value [03:16:50] increases, these were transferred to funds, that is, [03:16:53] to investment funds. First, they were taken into [03:16:57] closed investment funds, [03:17:00] these shares were exchanged mutually, that is, [03:17:03] in illiquid shares, mostly with low free float rates, and [03:17:07] in shares that were thought to be easily inflated [03:17:10] and manipulated. In these closed [03:17:13] funds, their values were abnormally inflated through dubious [03:17:17] transactions. Then these were opened [03:17:20] to investors on Tefas, opened to investors. [03:17:23] Naturally, investors were drawn to these investment [03:17:27] funds, which had reached such high values and had increased [03:17:30] so much, with the influence of social media and certain [03:17:34] guidance. With investors [03:17:37] turning to these, a second fuel [03:17:40] was, in a sense, filled into the tanks [03:17:44] of these people. With these incoming [03:17:46] supports, these manipulative movements, that is, value [03:17:49] increases, reached abnormal levels. Now, this [03:17:53] uh... "For a very long time, [03:17:57] manipulative movements, movements towards market manipulation [03:18:00] in this regard were known. [03:18:03] That is, we started to express them much earlier. [03:18:07] I personally started writing about these from April [03:18:10] 2025 and personally applied in writing to the relevant [03:18:14] state institutions to take measures, but [03:18:18] these were not taken into consideration. However, [03:18:22] at the capital markets congress on November 3, 2025," [03:18:25] Mr. Mehmet Şimşek and the former CMB president already said, [03:18:28] "We know about the manipulations in the stock market, [03:18:31] we will do what is necessary." As I said, before that, [03:18:34] these movements had already started and were well known, [03:18:38] known by name, but for some reason, the authority [03:18:41] did not take any measures, causing the problem to grow. [03:18:45] Uh, but the most concrete [03:18:48] "we know" table, as I said, was at the congress, [03:18:51] where the minister and the former CMB president [03:18:55] made a statement on this matter, saying "we know." Well, [03:18:59] were any measures taken until August 2026? No measures [03:19:02] were taken. Therefore, the problem grew, and the [03:19:06] value increases in these stocks, which I mentioned earlier, [03:19:10] multiplied and grew. [03:19:12] At the end of August, of course, during this time, [03:19:16] foreign organizations warned Turkey, [03:19:20] gave deadlines, saying, "If you don't comply, we will remove [03:19:23] you from the index, we will do this and that." With the influence of these, [03:19:27] in August, the CMB came to a point [03:19:30] of taking measures, making a regulation on this matter, [03:19:33] but it was delayed so much and the problem [03:19:37] was amplified so much that any measure [03:19:41] you take will not have [03:19:44] any effect in remedying [03:19:47] the very significant damage. However, it will [03:19:50] have an effect on preventing such dubious transactions [03:19:54] in the future, and it will reduce them. Two dates were given, [03:19:58] October and December, meaning that these manipulative [03:20:01] or dubious transactions were not stopped [03:20:04] immediately; a transition period was given, "You will [03:20:08] do these things until October 31st, you will do these [03:20:11] things until December 2026, and after that, [03:20:15] you will no longer be able to do these transactions [03:20:17] that you have done until now," [03:20:19] it said. However, the damage that occurred until [03:20:23] August, that is, the abnormal inflation of the shares and [03:20:27] their transfer to funds, and the public offering [03:20:30] of these funds, is evident. How will you [03:20:34] fix this? You couldn't fix it. [03:20:37] With the regulations, the shares started [03:20:40] to come to their real value, which is the only [03:20:44] possible outcome; there is no other possible outcome for those [03:20:47] shares because they were sold with a dream, [03:20:51] that is, non-existent values were sold. For example, [03:20:55] today, you look at a factoring company with 150 employees, [03:20:59] you combine Yapı Kredi and Garanti Bank, its value [03:21:01] is greater. Hedef Holding has 18 employees, [03:21:04] that is, you look at it, it can become Turkey's [03:21:08] second largest company in terms of value. [03:21:11] You look at small companies, many industrial [03:21:14] establishments, the most established industrial establishments in Turkey, [03:21:17] have reached a greater value. How did they reach it? [03:21:21] Entirely through dubious transactions, through reciprocal [03:21:24] transactions, through those organized transactions, [03:21:27] these transactions occurred knowingly, right before the authority's [03:21:30] eyes. Therefore, when August 2026 arrived, [03:21:34] the CMB had such a picture. Now, [03:21:38] the damage had already occurred there, that is, [03:21:41] any measure you take in the subsequent process [03:21:45] will serve to reduce and eliminate such [03:21:48] dubious transactions, or will achieve that. But [03:21:51] until then, because you tolerated this damage and [03:21:55] caused this damage to reach very high [03:21:58] levels, a part of that damage. [03:22:01] there would be a cost. Now, unfortunately, [03:22:04] in these recent days, these last two days, with these incidents [03:22:08] we experienced, the bill for this damage [03:22:11] has slowly started to be charged to the participants. [03:22:15] So, out of 220 funds, [03:22:18] the liquidation of 130 funds has been decided. [03:22:22] And for the remaining ones, the value of [03:22:25] 90 funds, which is announced daily, [03:22:29] will be announced once a month and on the 15th [03:22:31] of the month, and will be subject to buying and selling [03:22:35] based on that value. What does this mean? [03:22:38] For 90 funds, if you want to sell, [03:22:42] you will wait for the value of that 15th day, [03:22:45] meaning you will sell at the value after waiting 15 days. [03:22:49] Now, these funds, especially stock funds, will lose value [03:22:53] every day. They will lose value. So the process [03:22:56] is going like this. Other money [03:23:00] market funds, etc., containing values, [03:23:03] also have a high probability of losing value [03:23:06] during the process. Now, if you try to sell [03:23:09] at the value of the 15th of that day, [03:23:12] you will get less money than you would get today. [03:23:16] If you want to withdraw that day. Now, [03:23:19] the liquidation of 130 funds has been decided. [03:23:23] So I will say one thing: T+2 is also being abolished, [03:23:26] it is no longer valid. [03:23:27] T+2 is abolished, [03:23:30] 15 working days, now think about it, [03:23:34] who will remove the portfolio? [03:23:38] There is 1.1 trillion TL worth, meaning these 220 [03:23:41] funds correspond to a massive amount of [03:23:44] 1.1 trillion. There are approximately [03:23:48] 1 million investors. Look, [03:23:51] throughout history, since the Republic, even in the history of the Republic, [03:23:54] and I have been in bureaucracy since the 80s, [03:23:58] and I follow these issues very closely. [03:24:02] In the history of the Republic, there have been very few transactions [03:24:05] with such high damage, both in terms of amount [03:24:07] and as an event that occurred right under the eyes of the authority. [03:24:11] It is both a loss of trust and destructive, [03:24:14] and so many investors [03:24:18] have been victimized. This is a first in the history of the CMB. [03:24:21] Now, we are talking about a size of 1.1 trillion [03:24:24] and we are talking about 1 million people. [03:24:27] The CMB will handle the liquidation of these [03:24:30] 130 companies that are being liquidated [03:24:34] or put into liquidation. Now, how quickly [03:24:37] will the CMB do this? When it does, [03:24:41] the value of these funds will erode every day, [03:24:44] it will disappear. Therefore, who will cover the damage [03:24:48] that arises in this regard, which is very, very likely to be large damage? [03:24:51] That's why I made a post on X [03:24:54] today. Yes, there is a very big [03:24:58] negligence, there is a very big dereliction of duty. [03:25:02] This is very clear, but what needs to be done [03:25:05] at this point are two urgent [03:25:09] things. First, according to Article 17 [03:25:12] of Law No. 5549 [03:25:15] on the Prevention of Money Laundering, an urgent measure [03:25:19] must be placed on the assets [03:25:21] of these four bosses, meaning the four bosses currently [03:25:25] under investigation. These are Destek, Hedef, [03:25:29] Pusula, and Tera. [03:25:32] An urgent measure must be placed on the assets of these four bosses, because there is a strong suspicion of crime, [03:25:36] and the incidents that occurred are very serious. [03:25:39] The damage that could be caused is very large. [03:25:42] An urgent measure must be placed on their assets according [03:25:45] to Article 17 of Law No. 5549. Then, [03:25:49] with the values obtained as a result of this measure, [03:25:52] the money of the investors in these funds, whatever amount can be covered, [03:25:56] must be paid. It's not an easy [03:25:59] thing. Why? Because, look, [03:26:03] as long as there is negligence on the part of the public, [03:26:07] as long as the public does not perform its duty, [03:26:10] as long as it does not perform [03:26:13] görevini yapmadığı sürece meydana gelen [03:26:16] zararlarla ilgili olarak siz vatandaşı suçlayamazsınız. Şimdi [03:26:20] genel olarak şöyle bir algı var, işte yüksek değerdeydi, e [03:26:24] bilseydi, almasaydı, eee işte celemesini [03:26:27] çeksin. Siz bunu söylerken kamunun [03:26:31] bütün görevleri, bütün sorumlulukları yerine getirilmiştir, kamu [03:26:34] görevini yapmıştır, denetim görevini yapmıştır, vatandaş. gitmiştir, riskli [03:26:38] yatırım araçlarına parasını yatırmıştır, evet bunun karşılığında [03:26:41] ceremesini çeksin dersiniz, ama kamu [03:26:45] organize biçimde yapılan, gözgöre göre yapılan defalarca [03:26:49] bütün uzmanların, aklı selim bütün uzmanların eee [03:26:52] yaptığı uyarılara dikkat etmeden biliyoruz demesine [03:26:56] rağmen bakan ve eski SPK başkanının bu [03:26:59] dolandırıcılıklarla yüz binlerce vatandaşın dolandırılmasına [03:27:03] eee sebebiyet verirse burada [03:27:06] kamunun... da sorumluluğu var, elbette ki o görevlerin, görevlilerin [03:27:10] görevi imalle ilgili bir süreci olacaktır, onlara destek verenler, [03:27:14] çünkü kamudan siyasetten, bürokrasiden destek [03:27:17] almadan bu kadar organize ve büyük çaplı [03:27:20] bir eee şeyi, dolandırıcılığı [03:27:23] gerçekleştirmeleri mümkün değil, ben 45 yıl ee masanın her tarafında çalışmış [03:27:27] bir insanım, her eee görevde de bulundum, mümkün [03:27:31] değil, dolayısıyla mutlaka onlar bundan sonraki süreçte [03:27:35] şeyi eee sorumluluklarının. yerine [03:27:38] getirecek ve yargı da bunların hesabını soracaktı, dolayısıyla kamu [03:27:41] görevini yapmadığı için, sorumluluklarını yerine getirmediği için, bu [03:27:45] dolandırıcılıkların yapılmasına göz yumduğu [03:27:48] için, görmediği için eee bu yatırımcıların mümkün [03:27:52] olduğunca bakın hazineye el atılsın demiyorum, hazineye el [03:27:55] atılmadan, hazineye sirayet etmeden bu kişilerin [03:27:59] çaldıkları paraları başka yerlere [03:28:02] devretmemeleri için bu kişilerin bir kere mal varlıklarına el [03:28:05] konulması lazım neden? bakın sermaye piyasası kanunu [03:28:09] 63-62 sayılı kanunda 107 madde piyasa dolandırıcılığın [03:28:13] işte manipülasyon dedikleri şeyin [03:28:16] karşılığı kanunda piyasa dolandırıcılığıdır. [03:28:21] arıcılığında bir kere cezalar çok düşük, siz bankada bir [03:28:24] şube müdürü veya yönetici olarak bir mudinin hesabından [03:28:27] 100.000'yi izinsiz aldığınız zaman sate bir imzayla 20 [03:28:31] yıla kadar hapis cezası var 20 yıla kadar 160 [03:28:34] madde sermaye piyasası kanunu'nun 107 maddesinde yani [03:28:38] bugün yapılan işlemlerin karşılığı olan piyasa dolandırıcılığında yüz [03:28:42] binlerce yatırımcıyı dolandırıyorsunuz bakın yüz binlerce [03:28:45] yatırımcıyı yüz binlerce yatırımcının parasını çalıyorsunuz [03:28:49] alacağınız 3 ve 5 yıl arası [03:28:52] da üçüncü fıkra gereği eee tespit [03:28:55] edilebilen zararın iki katını hazineye ödediğinizde [03:28:58] bakın hazineye şeye değil yatırımcılara [03:29:01] değil hazineye ödediğinizde hiç ceza [03:29:03] yok yani onun için [03:29:07] bugünkü paylaşımda yani [03:29:10] zarara uğrayan gözgöre göre kamunun görevini yapmaması [03:29:14] nedeniyle zarara uğrayan eee yatırımcıları da [03:29:18] kollamak adına hazineyen sirayet etmesini önlemek [03:29:21] adına bu tedbir konularak elde edilecek [03:29:25] ki yurt dışı varlıklarına da gitmesi lazım masaın elde edilecek [03:29:28] varlıkların eee gerçekten zarara uğrayan bu [03:29:32] kişilere dağıtılması uygun çözüm [03:29:34] olacak [03:29:36] peki eee dolayısıyla bunun bir sermaye piyasası ayağı var bugün [03:29:40] eee işte gerçekleşen en son olayda bir de [03:29:43] eee finans piyasalarına da sirayet etme [03:29:47] riski var şu anda çünkü bu eee [03:29:50] dört grubun yatırım bankaları, pusulanında [03:29:53] katılım bankası var, dolayısıyla sadece sermaye [03:29:57] piyasalarına ilgilendiren bir sorun yok, aynı zamanda [03:30:01] eee bankacılık eee sektörünü de ilgilendirdiği için bu [03:30:04] gruplara ait birer bankada olduğu için katılım bankası da [03:30:08] dahil eee BDDK'nın ve finans piyasaları ile ilgili otoritenin [03:30:11] yani BDDK'nın da eee devreye girmesi lazım [03:30:15] nedenle bir üçüncü şey yapılması lazım Gökmen [03:30:18] Bey, BDDK. ve eee [03:30:21] tmsf'nin bir araya gelmesi acilen bu [03:30:25] bankalara bir kere bir yönetim ataması [03:30:28] lazım ve pusula holding'e bir yönetim ataması lazım veya diğer [03:30:32] holdinglere, çünkü eee siz eee çok önemli bir [03:30:36] iddiayla bu kişileri soruşturuyorsunuz, yurt dışı yasağı koyuyorsunuz, [03:30:39] işte arkasında belki tutuklamalar gelecek, bugün birkaç [03:30:43] tutuklama olduğu söyleniyor bu gözaltına alınan patronlarla [03:30:46] ilgili e ama bu insanlar işinin başında. [03:30:50] peki işinin başındayken eee delil karartma işte mal [03:30:54] kaçırma gizleme eee türü şeylerin [03:30:57] yapılmayacağını nereden biliyorsunuz onun için [03:30:59] eee hem tedbir mallarına tedbir hem de [03:31:03] işte eee bu ilgili kurumlara eee bir eee [03:31:07] kamunun yönetimi eee oluşturarak bir atama [03:31:10] yapması eee şu anda gelinen noktada uygun çözüm olacak gibi [03:31:14] duruyor evet eee bir [03:31:17] figen hanıma tabii tabii soru sorcak. Bu arada Murat hocam bu [03:31:21] rakamlar ne ya 1,1 trilyonluk şey toplam [03:31:24] eee fonların değeri evet 17 milyar dolarlık [03:31:28] bir şey var yani 1 milyon insanın [03:31:32] doğrudan dahil olduğu bir durumdan bahsediyoruz ki birçok insan [03:31:36] bankalar tarafından yönlendirilmiş gitmişler [03:31:38] bankaya bakın burada az önce bize yazan mesela [03:31:42] izleyicinin durumundaki gibi hani garantili en düşük [03:31:45] riskli olduğu varsayılan para [03:31:48] piyasası fonu almış ama para... piyasası fonu ters [03:31:51] repo işlemini bir hisse senedini dayanak gösterererek [03:31:55] yapmış o şirketin yani burada yine [03:31:58] ee o şirketin de yönetim kurulu başkanı şimdi gözaltında [03:32:02] destek factoring ya baktığınızda inanılmaz bir [03:32:05] değer var ya defter değerinin 100 katına [03:32:08] ulaşmış spk bunun neresinde devreye girecek pia değeri [03:32:12] şirketin defter değerinin 100 katına uşmış katına ulaşmış [03:32:16] yani destek faktoring iş bankasının 2,5 katı olmuş ya. [03:32:20] ya siz bir yerinde demez misiniz yani bu bu arada 2,5 katı dediğim şu [03:32:24] anki değeri yarısına düşmüş hali bu yani bu [03:32:27] bir yerde sürdürülemeyecekti zaten bu bir yerde çökecekti [03:32:30] spk'nın bu balonu görüp buradaki anormal [03:32:33] hareketleri bu markezin kırmızı pazartesi vardır [03:32:37] ya herkes bilir o cinayetin işleneceğiniz hikayeye öyle [03:32:40] gireriz herkes biliyordu bütün [03:32:43] forumlara vesaireye girdiğinizde bu aracı [03:32:46] kurumlar bu kurumlar bu fonlar nereye? [03:32:50] iş yaparsa millet orayı yakalamaya çalışıyordu, alıyordu, [03:32:52] uçuruyordu, 50 liradan çıkmış hisse senedi [03:32:56] bir sene, bir buçuk sene önce piyasaya arz edilmiş, mesela bu bahsettiğim destek [03:33:00] faktörünik, 50 liradan çıkmış ta [03:33:03] gitmiş 4.000 liralara, ya şimdi 2.000 liralardayken bu [03:33:07] olay gerçekleşti, siz nerede müdahale edecektiniz buna, [03:33:11] yani buradaki değerlerin tutmadığını, burada çok büyük balon ortaya çıktığını bilmiyor [03:33:14] musunuz, hepsini geçtim, bu eğer [03:33:17] olmaması gereken işte... [03:33:25] çok büyük bir ihmal var burada ve önümüzdeki süreçte hani seçim [03:33:29] vesaire diyoruz ya hani ne olacak siz faiz indireceksiniz vatanda. [03:33:37] Bu borsaya kim girer böyle bir [03:33:38] ortamda? Bigen hanım [03:33:41] e Ramazan Bey şuna dikkat [03:33:44] çekti, evet yani bu tür yatırımlarda bulunmak [03:33:48] risklidir. Dolayısıyla hani bu riskin doğa [03:33:51] sonuçlarından biri de kaybetmektir. [03:33:54] Ama ilgili kurumlar görevlerini tam olarak [03:33:57] yerine getirmek kaydıyla bu risk [03:34:00] eee bu şekilde değerlen. Siz ne [03:34:03] dersiniz, siz de çünkü buna benzer şeyler söylemiştiniz o iki [03:34:07] dilim önce konuşmamızda evet [03:34:11] Ramazan Bey'in anlatımları değerli tabii ki, şimdi [03:34:13] burada kurumların bağımsızlığına çok [03:34:17] ihtiyacımız var, bunu tekrar ediyorum, bir daha bunun [03:34:20] yaşanmaması için yapısal önlemler işte [03:34:24] yapabilirler ama bunları uygulamada [03:34:27] kararlılık görür müyüz, çünkü [03:34:31] bakanı. dediği neredeyse 10 ay oluyor tespiti [03:34:35] peki eee bu SPK Maliye Bakanlığına [03:34:38] bağlı Hazine ve Maliye Bakanlığına bağlı tabii ki kararlarını ayrı alan bir kurum [03:34:42] onu demek istemiyorum ama başındaki bakan bunu tespit [03:34:46] ettikten sonra oradaki uzmanların bu gerçeği [03:34:49] bilmeleri görmeleri ee [03:34:51] kaçınılmaz uzman olarak orada oturuyorlar ve az evvel kanuna [03:34:55] da değindim hele ki gözetim ve denetim eee [03:34:59] dairesinin görevleri çok net özellikle. "özellikle [03:35:03] bu tür işlemler, bu tür yoğunlaşmalar, [03:35:06] dolandırıcılığa yönelik, piyasa dolandırıcılığa yönelik [03:35:09] hareketleri en rahat onlar görebilir. şimdi Ramazan Bey [03:35:13] eee daha uygun bir üslupla ihmal dedi, eee, bu [03:35:17] biraz eee daha dikkatli bir eee [03:35:20] soruşturmayı gerektirir, bağımsız kurumlar derken [03:35:23] hakikaten vatandaşın canı burada çok yandı, vatandaşın [03:35:27] canını yakıldığı kadar o oranda kazananlar [03:35:30] var, bu kazananlar kimler? paydaşları kimler, yani [03:35:34] sadece burada 4 kişi veya o şirketler değil, şimdi [03:35:38] basitçe bir gecede bir sabah uyandık, tavut şirketlerine [03:35:41] denetim kayyum atandığını gördük ki yasada mümkün değildi o [03:35:45] suçta, bunu da o zaman tekrar tekrar söyledim, şimdi [03:35:48] burada mutlaka ve mutlaka bu tedbirlerin işletilmesi [03:35:52] lazım, artık bağımsız yöneticilere bunların [03:35:55] geçirilmesi ve sıkı denetlenmesi lazım, bunun yasada karşılığı [03:35:59] var ve Türkiye'deki cumhuriyetin. [03:36:02] Savcılarına gerçekten çok ciddi iş düşüyor ama [03:36:06] şimdi bakarsanız bakan 10 aylık [03:36:10] sürede bunu baştan biliyor olmasına rağmen bu [03:36:13] gidişatı durduramamış ve bu ağır yıkım [03:36:17] engellenememiş ise bunu bunun eli [03:36:20] kolunu bağlayan kim yani bu [03:36:22] irade nasıl kaynaklanıyor bunlar nerelerden bu [03:36:26] cesaret alınıyor bunların bir bağımsız [03:36:30] tarafsız cumhuriyet. Savcılıklar [03:36:33] tarafından araştırılması, soruşturulması gerekiyor. Biz bunu [03:36:37] görecek miyiz? Gökmen Bey ee pek emin [03:36:40] değilim. Yani bu 10 aylık süreçte yaşananlar [03:36:43] sonrasında kazananlar var, hem [03:36:47] de öyle böyle değil fazlas kazananlar var. Ramazan Bey [03:36:50] başka bir yol gösterdi, mal varlıkları. Dilerim üstlerinde mal [03:36:54] varlıkları vardır. Olmayaması kuvvetle [03:36:57] muhtemel. Yani bu insanların evet eee [03:37:00] zararları var. O insanları. "suçlama gibi bir [03:37:04] lüksümüz yok, çok doğru bir tespit, sistem dört dörtlük [03:37:07] olur, şahısların kendi tercihleridir, o risk analizlerini yapmışlardır [03:37:11] ve bunu üstlenmişlerdir, ama burada öyle bir durum yok, çok ciddi [03:37:15] bir zaafiyet var, ben [03:37:18] beklerim ki bir hukukçu olarak ve bu ülkenin bir [03:37:21] vatandaşı olarak cumhuriyet tarihinde görülmemiş dedi [03:37:25] Ramazan bey rakamlar uçuk ve bence bu burada [03:37:28] kalmayacak eee daha da büyük farklı işlemlerin." [03:37:43] what date we will see, if it can be stopped, it couldn't be stopped, we don't know if it went out of the loop. I hope they quickly put in place very strict measures to compensate for this process and present it to the citizens. But [03:37:47] Mrs. Figen, a committee of the ministry [03:37:50] gathered on this, and a statement came from that committee, [03:37:54] the Financial Stability Committee said there is no serious situation, [03:37:58] no infrastructural problem, etc. [03:38:01] Immediately after these events, the minister appeared on live broadcast [03:38:05] and did not address this issue at all. [03:38:08] I think the main thing that was said was that it could be managed temporarily, [03:38:12] but Mrs. Figen, the minister didn't address the issue at all. [03:38:16] I watched it specifically. He appeared on Habertürk [03:38:20] as if that day the whole country was burning [03:38:23] and this event had erupted. Neither he brought it up, nor did [03:38:27] the person asking the questions, [03:38:30] the moderator, ask him about it. [03:38:33] They don't talk about the suffering of the citizens. [03:38:37] That's not an issue for them. [03:38:40] They talk about whether they can get the turmoil under control. [03:38:43] There's a lot of money involved, a huge amount of money. [03:38:47] There's a significant outflow in reserves today as well, [03:38:50] and the measures taken are to ensure [03:38:53] liquidity. There's such a big concern [03:38:57] about contagion that we quickly saw the measures [03:39:00] taken by the BRSA and the Central Bank. We first saw the Central Bank's [03:39:04] measures, and they were eased. Why? Because [03:39:08] it could lead to a very serious monetary problem, [03:39:11] it could be contagious. These are not small numbers. [03:39:23] Consider the money circulating and the money flowing out. At the same time, there is a loss of trust. We were going to provide this trust, investments were going to come, and everything was ruined here. This cannot be seen [03:39:27] as insignificant. Mr. Ramazan, you wanted [03:39:30] to say something. Can I say something? Now, look, [03:39:34] we are facing a very, very big event, [03:39:36] and hundreds of billions of dollars. uh, sorry, TL [03:39:39] in criminal proceeds were obtained here, [03:39:43] because market manipulation [03:39:45] carries a prison sentence of 3 to 5 years. [03:39:49] The values obtained are criminal proceeds, [03:39:52] and these have been subjected [03:39:56] to laundering according to Article 282 of the TPC. [03:39:59] Therefore, we have been on the grey list [03:40:02] twice, in 2011-2014, [03:40:06] and 2021-2024, totaling 6 years, [03:40:09] and we paid very high prices. [03:40:12] We are still under close monitoring. So, as a country [03:40:16] on the FATF's close radar, [03:40:19] we should be very sensitive to these issues, [03:40:23] but in this incident alone, hundreds of billions [03:40:26] of liras of black money and money laundering traffic [03:40:29] occurred, and unfortunately, [03:40:32] the relevant authorities did not [03:40:35] intervene in these. Therefore, [03:40:39] these investigations will definitely [03:40:43] fall under TPC Article 282, because they are criminal proceeds. [03:40:46] They will all be subject to TPC [03:40:49] Article 282. And some of these groups [03:40:53] had announced that they made investments abroad. They had announced that they bought participation banks abroad, [03:40:56] in countries like Holland and some other third world countries. [03:41:00] They had said that they made [03:41:02] investments, they had announced [03:41:06] it. I had also made a post on X, [03:41:09] I said the money has moved to the laundering stage. [03:41:12] So, you said it moved to the laundering stage, [03:41:16] meaning criminal proceeds were obtained, meaning [03:41:19] a fraud transaction occurred according to 107, [03:41:22] worth hundreds of billions of liras. So, money was obtained [03:41:26] and put into laundering. Now, for example, [03:41:29] for years, we always asked where we could earn the easiest, fastest, [03:41:33] and most money. Wasn't it from drugs? From drugs. [03:41:36] But in recent years, I've shared this many times, [03:41:39] the ranking has changed in recent years. The easiest, fastest, [03:41:43] and most money comes from illegal betting, market [03:41:46] manipulation, and drugs. [03:41:49] Why? Because in drugs, there's a process: you plant, you sow, [03:41:52] there are chemical processes, [03:41:56] logistics, etc. Let's not elaborate on that. [03:42:00] But in market manipulation and [03:42:02] illegal betting, a few programs, [03:42:06] 3-4 computers. In market manipulation, when you make a deal [03:42:09] with a few brokerage firms and a boss, you can earn [03:42:13] hundreds of billions or tens of billions of liras [03:42:16] in a very short [03:42:18] time. [03:42:21] In a very short time. Therefore, [03:42:24] these investigations, as I said, will also be subject [03:42:27] to TPC 282 money laundering, [03:42:31] and in subsequent processes, [03:42:33] when the FATF evaluates us, it will definitely [03:42:37] have criticisms about why we did not intervene [03:42:40] in the increased money laundering traffic. [03:42:43] Now, Mr. Ramazan, when you say things will be done [03:42:46] like this, you are referring to what needs to be done. [03:42:50] As far as I understand, do you have enough [03:42:53] faith that these will be carried out perfectly, [03:42:56] as you said? Are you confident [03:43:00] about this? I mean, [03:43:02] I want to believe. I can't really [03:43:05] say that [03:43:07] it will definitely be done, [03:43:11] etc., in such a relaxed and definite tone. [03:43:14] But an important step has been taken. [03:43:17] I mean, it was thought [03:43:21] that these would never be touched [03:43:24] until about a week ago. Because you see, [03:43:28] there's a transfer from MIT [03:43:31] within a group, you see there's a member [03:43:34] of the Presidential Economic Policies Committee, so-and-so, [03:43:38] you see there's a former Undersecretary [03:43:41] in the Ministry of Finance at a very high level. [03:43:45] So, relationships [03:43:48] are being talked about, who they are in relationships with, [03:43:51] etc. The idea that a step could not be taken [03:43:54] on this issue was more dominant, but today [03:43:58] we saw that, one way or another, this step was taken. [03:44:01] I also attach great importance to this, because if [03:44:04] it had been delayed, the number of 1 million people [03:44:07] currently suffering, the number of 1 million people, [03:44:11] would have been much higher. The fund size of 1.1 [03:44:14] trillion would have been 2.1 trillion, [03:44:17] and it would have reached much more destructive points. [03:44:21] From this perspective, even though it's very late, [03:44:24] I still consider it an important step and I hope [03:44:27] it continues. Nesrin NASA sent us a message, [03:44:31] saying, Mr. Gökmen, institutions like the CMB [03:44:34] and the BRSA, Nesrin Hanım makes an analogy here, [03:44:37] are institutions that clear the table during a party [03:44:40] to prevent excessive behavior. They are not spectators, [03:44:44] she says, they don't just watch the party as spectators. [03:44:48] And of course, there will be excessive behavior in such things. [03:44:51] They are there to prevent this, they are institutions [03:44:54] that clear the table, she says. And also, [03:44:57] look, now [03:45:01] in these, there are [03:45:04] three investment banks in these groups, meaning the groups currently under investigation. [03:45:08] I also said there's a participation bank [03:45:10] and two savings and finance sectors. [03:45:14] So there's Katılım Evim and Bir Evim. [03:45:18] Now, why is the savings and finance sector [03:45:22] important? Because [03:45:24] it operates by collecting money from the public, [03:45:28] meaning it's like a deposit, not a deposit, [03:45:31] but it collects money from the public. [03:45:34] sector. Now, today, [03:45:38] Katilim Evim's customer count is 110 [03:45:41] thousand, meaning 70 thousand-something are vehicles, [03:45:45] and the rest, which are houses. [03:45:48] Now, I don't know how much Bir Evim is, [03:45:52] I don't think Bir Evim will cause much of a problem [03:45:55] because most of these transactions were carried out through Katilim Evim. [03:45:59] The most common question is, will we [03:46:03] be able to get our money back? If Katilim Evim and Bir Evim [03:46:06] acted in accordance with the [03:46:10] regulations, i.e., Law No. 63-61, [03:46:13] they started to be subject to the supervision and auditing [03:46:17] of the BRSA in 2021. The savings [03:46:20] finance sector. If they acted in accordance [03:46:22] with this law and secondary regulations [03:46:26] issued by the BRSA, I believe [03:46:29] that the participants, the customers, [03:46:32] will be able to get their money back. However, [03:46:36] if they used the bills and other things [03:46:39] there contrary to the regulations, there will undoubtedly [03:46:42] be a serious problem. From this perspective, [03:46:45] the savings finance sector also has [03:46:49] about 100,000 people. In Bir Evim, [03:46:53] you can find around 30-40 thousand people [03:46:56] in total. There is a group of 50 thousand people [03:46:59] there. From this perspective, [03:47:03] the magnitude of the event is on top of many people. [03:47:07] And there are also development investment banks. Today, [03:47:10] I looked, there is an asset total [03:47:13] of over 150 billion. Development investment banks [03:47:17] have borrowed and lent money to many institutions [03:47:21] and many people. There is also a possible [03:47:24] danger in the finance sector from that side. [03:47:27] There is a danger of it spreading generally. [03:47:31] From this perspective, the issue is not just [03:47:35] the capital market, but also the savings finance sector, [03:47:38] the banking sector, and its subsidiaries. Therefore, [03:47:41] a much more careful process needs to be carried out. For this, [03:47:45] as I said, the managements must be determined [03:47:47] by the public, and this process should be carried [03:47:51] out under the supervision of those managers. Yes, but let me add this here: [03:47:55] in the case of Katilim Evim, the BRSA has an obligation [03:47:58] to audit the asset managements of these savings finance companies. [03:48:02] It doesn't offer a deposit insurance like a deposit insurance, [03:48:05] but if those assets are somehow illegally removed from the system, [03:48:09] the BRSA should have intervened. It has a serious responsibility [03:48:12] there. If so, we are facing a very big negligence. [03:48:16] My question is about how effectively these investigations and examinations, [03:48:19] covering all institutions, will be carried out [03:48:23] to address this issue. Actually, I think [03:48:26] it's the 4.3rd in the system, if I'm not mistaken. [03:48:30] I'm using the example of one of the most important [03:48:34] companies. I'm also [03:48:37] a bit of a company, let me hear from İsmail Bey, then I'll return [03:48:40] to Figen. Yes, we need to decide on this. [03:48:44] Now, the minister's statement [03:48:46] date is November 4, 2025. At the Turkish Capital Markets Congress, [03:48:50] he said, "I will look at the issue more simply." [03:48:54] I will try to summarize it very concisely. We know [03:48:57] that manipulations are being made through these. Now, [03:49:01] at best, after the words of the Minister of Treasury and Finance, [03:49:04] who is the institution that needs to take action [03:49:08] on this matter? The Capital Markets Board. [03:49:10] Isn't it very simple? If I'm wrong, Mr. Ramazan can correct me. [03:49:13] Now, as far as I know, the CMB [03:49:16] chairman will change on May 9, 2026. [03:49:19] Okay, the CMB chairman until then didn't do it. [03:49:22] What month are we in now, from May? We are in September. [03:49:26] Why didn't the CMB chairman and management take action [03:49:30] on this matter until September? I'm trying to say [03:49:33] these connections This is not a situation [03:49:36] to be dismissed as unimportant. a spectator position [03:49:40] on this matter, its current acting chairman [03:49:43] and influential people? I think that's the main question here. [03:49:47] How many precautions can they take? What are their limits? [03:49:50] I think this is currently unknown, because [03:49:54] there is such a situation that [03:49:57] he said there is [03:49:59] negligence by the public, very correctly, and I agree. [03:50:02] Of course, there is negligence by the public because [03:50:06] they are in a spectator position. We also know [03:50:08] that after this incident, the CMB prepared a guide [03:50:12] starting from August 28, and it was said that [03:50:15] these institutions would comply with it. So they know very well [03:50:19] what the problem is. Of course, after this incident [03:50:22] erupted in these stocks, they made prohibition [03:50:25] lists for the managements of various institutions and funds, [03:50:29] and gave various penalties. They are very well [03:50:32] aware of who did not fulfill [03:50:35] their obligations and which institution. [03:50:38] Measures had already been taken in these stocks. [03:50:42] For example, the volatility-based measures for short selling [03:50:47] were taken two or three times. But despite that, nothing. [03:50:51] So the question comes to my mind: despite this process [03:50:55] being followed in great detail, despite the necessary moves [03:50:58] being made immediately afterwards, person by person, [03:51:01] institution by institution, why wasn't it done before? [03:51:05] I think that's the main problem here. And therefore, [03:51:08] look, the current CMB chairman was the second chairman [03:51:11] in the previous period. Well, the other aspect of the matter, [03:51:14] Mr. Ramazan, there is a continuous [03:51:17] responsibility there, a legal context. [03:51:20] Therefore, if this investigation is to proceed, [03:51:24] if this investigation is to proceed, [03:51:28] administrative action must be taken here, [03:51:32] and the necessary measures must be taken as soon as possible [03:51:35] to make this person's investigation more effective. I cannot [03:52:01] Also, in June, the investment's negative [03:52:05] foreign capital investment turned negative on August 25. [03:52:08] Now, also, [03:52:20] I need to go to a commercial. Can you stay for another 5 minutes [03:52:24] in the next segment? Please complete your comment there, [03:52:26] because what you said is important. İsmail, you've also followed [03:52:29] these issues very well. Because everyone, [03:52:33] we have many people around us asking us, İsmail, [03:52:37] we are bidding farewell in this segment. I will continue with my other guests. Thank you very much. [03:53:13] Gold belongs to everyone, but the bangle is Koçak, [03:53:16] years of accumulation, the tradition of these lands, [03:53:19] Turkey's bangle, Koçak. [03:53:22] Koçak. During big discount days, [03:53:26] catch the 9-installment opportunity at cash price. Be the hero of shopping. [03:53:30] Go to the app. [03:53:33] Insurance is bought from Sigortamnet [03:53:36] at advantageous prices. [03:54:22] Manages renovations, landscaping, and insulation work from a single center. 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Alliance with my family, from today [03:55:25] to tomorrow, Alliance is with you. [03:56:59] "To make the unheard heard, to say the unsaid, [03:57:03] to show the unseen." [03:57:04] From the streets to politics, [03:57:13] from markets to financial markets, from street vendors' stalls [03:57:17] to large market shelves. [03:57:19] Every weekday morning [03:57:30] from 7 to 10, as Turkey wakes up, [03:57:34] we will be together in this studio. [03:57:48] Turkey's energy depot. Orbus. [03:58:06] Openly continues. We will say goodbye to Ms. Figen, [03:58:09] but she was saying something important before the break, [03:58:13] so we asked her to complete it. [03:58:15] Please, Ms. Figen. [03:58:17] So, on August 25-26, it was observed [03:58:21] that foreign capital turned negative in terms [03:58:24] of inflows and outflows. We had seen the Central Bank's [03:58:28] statements and declarations in this regard. [03:58:31] But what I want to say here is that these are intertwined structures, [03:58:35] especially when I look, I see Pusula Finans Holding, [03:58:38] portfolio funds, participation house, etc. Now, [03:58:41] if a truly effective investigation [03:58:45] is to be conducted, [03:58:47] can be examined. So, technically, [03:58:51] these are among the things that need to be legally examined. [03:58:54] Is there a division of labor among them? Was it established [03:58:57] in advance? Now, when you look at it, [03:59:01] these were permitted about 3 years ago, [03:59:05] and as Mr. Ramazan also said, [03:59:08] they operate on a small scale, with about 18 people. [03:59:11] But when you look at it, these are places where very [03:59:15] large amounts of money circulate. In terms of stock prices [03:59:17] or trading volume, not to give a misleading [03:59:21] impression, these are not ordinary matters, [03:59:24] not things that happen by chance. In that sense, [03:59:28] the provisions of the TCK also come into play. [03:59:31] That also needs to be looked at if an effective investigation [03:59:35] is desired. I wanted to explain that. [03:59:39] This is very important. A significant duty falls [03:59:43] upon the public prosecutors. The fire in the pockets [03:59:45] of so many thousands of citizens will seriously affect the market, [03:59:48] and we are facing a situation that can cause many breakdowns, [03:59:52] kırılmaya da neden olabilecek bir durumla karşı karşıyayız öyle [03:59:55] önemsiz geçiştirilecek bir durum değil peki [03:59:59] Well, Figen Çalıkuşu, thank you very much [04:00:02] for your contribution. Good evening, [04:00:05] see you. Now, Professor Murat will tell us [04:00:08] more about this issue, and former MASAK vice president [04:00:12] Mr. Ramazan will also explain, but I didn't give the floor [04:00:15] to Mr. Doğan in the previous segment, yet these issues certainly have [04:00:19] political dimensions to be interpreted. Look, we also said this, [04:00:22] didn't we? What did NTR Holding boss Emre Tezmen say? [04:00:25] He said, "I want to express clearly here that my respect, [04:00:29] love, and faith in our President and his team, who work day and night [04:00:33] for the independence of our country, [04:00:36] are infinite." In line with the national vision represented by our President,