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Islamic State Militants Now World's Richest
AFP via Yahoo News ^ | October 23, 2014 | Staff

Posted on 10/23/2014 12:53:29 PM PDT by lbryce

The Islamic State has become the world's wealthiest terror group, generating tens of millions of dollars a month from black market oil sales, ransoms and extortion, officials said Thursday.

It earns $1 million a day alone by selling crude oil from fields captured when the group swept across Iraq and Syria earlier this year, said David Cohen, Treasury undersecretary for terrorism and financial intelligence.

Because the group, also known as ISIL, has "amassed wealth at an unprecedented pace" from different sources than most terror groups, it presents a particular challenge to the US and its allies working to choke off money flows.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Extended News; Foreign Affairs; News/Current Events
KEYWORDS: isis; richestterrorists
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And they don't have a $17T debt to worry about.
1 posted on 10/23/2014 12:53:29 PM PDT by lbryce
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To: lbryce

I knew there was a reason McCain loved them so much, as does the Hildabeast.


2 posted on 10/23/2014 12:56:11 PM PDT by blackdog (There is no such thing as healing, only a balance between destructive and constructive forces.)
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To: lbryce
And they don't have a $17T debt to worry about.

Can't we just figure out ways to steal the money from them?

3 posted on 10/23/2014 12:58:39 PM PDT by Mark17 (MAs & PAs Broke busted, disgusted, liberals can't be trusted, throw the bastards into the sea)
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To: lbryce

Not bad for the “Junior-Varsity Team”!

These guys make Al-Qaeda look like the Micky Mouse Club....


4 posted on 10/23/2014 12:59:10 PM PDT by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
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To: lbryce

We cannot intercept, by land or by sea, $1 million/day of oil? Why not? Maybe we don’t want to?


5 posted on 10/23/2014 12:59:15 PM PDT by ryan71 (The Partisans)
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To: lbryce

The more who get kilt, the wealthier they will be per capita.


6 posted on 10/23/2014 12:59:29 PM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: lbryce

18 trillion before Christmas.


7 posted on 10/23/2014 1:00:29 PM PDT by stephenjohnbanker (The only people in the world who fear Obama are American citizens. KILL THE BILL!)
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To: lbryce

Yeah, they’re more economically solvent than WE ARE!


8 posted on 10/23/2014 1:00:52 PM PDT by ryan71 (The Partisans)
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To: ryan71

Well, they don’t have our overhead...


9 posted on 10/23/2014 1:02:55 PM PDT by W. (Joe Biden is Tourette's Guy from Youtube? Well, that explains it!)
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To: lbryce

Where are the sanctions against ISIS? Against the countries who buy all that oil?


10 posted on 10/23/2014 1:04:05 PM PDT by shalom aleichem
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To: lbryce
It earns $1 million a day alone by selling crude oil from fields captured

Still?

OK.. so when we were all told airstrikes had hit those facilities, they really didn't. I take it we don't go back to reengage them if we didn't hit the target?

11 posted on 10/23/2014 1:05:21 PM PDT by ScottinVA (We either destroy ISIS there... or fight them here. Pick one, America.)
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To: lbryce

Take back the oil fields, and rename them Orson Wells. That way we could sell no refine before its time.

Otherwise, blow ‘em up; make the enemy choke to death on unusable oil.


12 posted on 10/23/2014 1:09:54 PM PDT by chajin ("There is no other name under heaven given among people by which we must be saved." Acts 4:12)
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To: lbryce
Islamic State Militants Now World's Richest...? That could be changed in 2 seconds if we did not have a No Balls President.
13 posted on 10/23/2014 1:14:49 PM PDT by AngelesCrestHighway
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To: lbryce

Oil Campaign of World War II

http://en.wikipedia.org/wiki/Oil_Campaign_of_World_War_II


14 posted on 10/23/2014 1:15:35 PM PDT by USMCPOP (Father of LCpl. Karl Linn, KIA 1/26/2005 Al Haqlaniyah, Iraq)
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To: AngelesCrestHighway
My favorite H-Bomb


15 posted on 10/23/2014 1:28:35 PM PDT by lbryce (Barack Obama:Misbegotten, Bastard Offspring of Satan and Medusa.)
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To: lbryce

This ought to do wonders for the petro dollars /sarc


16 posted on 10/23/2014 1:30:36 PM PDT by khelus
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To: USMCPOP
Oil Campaign of World War II

There has been fighting over oil in that region since WW I when the Brits and Frogs changed their fleets from coal to oil.

17 posted on 10/23/2014 1:31:37 PM PDT by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
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To: lbryce

If the JV lops off Saudi heads prices might come down. Roll out the barrels.


18 posted on 10/23/2014 1:37:58 PM PDT by PGalt
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To: lbryce

Other than our panty waist girly-man homosexual limp wristed muslim of a President, what is stopping us from bombing their oil fields? If they can’t pump the oil they can’t sell it.

Who cares if their environmentalists get all wee wee’d up? I sure as heck don’t.


19 posted on 10/23/2014 2:14:10 PM PDT by rfreedom4u (Texas isn't just a state. It's a state of mind!)
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To: rfreedom4u

they have to transport it....We could shut it down in one day
Without blowing up anything.


20 posted on 10/23/2014 2:22:00 PM PDT by therapsida (t)
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