Steve explains, “Yes, that’s Garanti with an ‘i’ and not a double-’e', as in Garanti Bank, one of the largest banks in Turkey.  For the last two months Garanti Bank has mounted these advertisements on billboards throughout Istanbul — with text offering low interest loans set below an image looking convincingly like Barak Obama and printed in a very Islamic green.  Actually, the face is that of a local actor and Obama look-alike.  The choice of an Obama-like image for the ads might imply a guarantee of stability in a time of instability and a recognition of vox populi rather than the very real and desperate need of the US economy for low-interest capital.”

More of Steve’s thoughtful postings at his alterblog, Hak Pak Sak.