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To: Niuhuru

Probably not the jihadists. They know they caused economic damage with 9/11 and other terror attacks but what they’re describing here is way too sophisticated. The Chinese on the other hand...? As for Soros, he would do it in a heartbeat if he could.


9 posted on 03/01/2011 3:20:37 PM PST by Triton42
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To: Triton42
I wouldn't be so quick to dismiss jihad so fast. "Sharia compliant finance" is a recent fiction which attracts a lot of western financial institutions despite the flashing warning lights of it's not so gleeming track record. Read about this fiction @DanielPipes blog: "Islamic Economics: What Does It Mean? "
Islam and Mammon, a brilliant book by Timur Kuran, written when he was (ironically, given heavy Saudi backing for Islamic economics) King Faisal Professor of Islamic Thought and Culture at the University of Southern California. Now teaching at Duke University, Kuran finds that Islamic economics does not go back to Muhammad but is an "invented tradition" that emerged in the 1940s in India. The notion of an economics discipline "that is distinctly and self-consciously Islamic is very new." Even the most learned Muslims a century ago would have been dumbfounded by the term "Islamic economics.. .Proponents of Islamic economics make two basic claims: that the prevailing capitalist order has failed and that Islam offers the remedy.To assess the latter assertion, Kuran devotes intense attention to understand the actual functioning of Islamic economics, focusing on its three main claims: that it has abolished interest on money, achieved economic equality, and established a superior business ethic. On all three counts, he finds it a total failure."
Those familiar with sharia law understand that the infidel does not stand a chance in recovering their investment in an Islamic judgement. Invest at your own risk . . .and keep an eye on your own financial advisors/banks investments. As for me and mine, I'm avoiding sharia friendly finance like the plague. With our current admin attempting to restructure Fannie and Freddie . . . I wouldn't put it past them to bow to sharia there too.
50 posted on 03/01/2011 4:52:06 PM PST by wtd
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To: Triton42

don’t forget russia

http://www.freerepublic.com/focus/news/2440456/posts

‘Paulson claims Russia tried to foment Fannie-Freddie crisis”


57 posted on 03/01/2011 7:57:51 PM PST by WoofDog123
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