Keyword: islamicfinance
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Disgraced former FBI official Andrew McCabe said the DOJ should obstruct the House GOP’s investigation into the Biden document scandal. House Judiciary Chairman Jim Jordan (R-OH) launched the first congressional investigation into classified documents stored at Joe Biden’s private office and home. It was revealed this week that Joe Biden improperly stored stolen classified documents at his private office and in his garage next to his Corvette. Joe Biden STOLE the classified documents. US Attorney General Merrick Garland appointed Robert Hur as the special counsel to investigate the Biden document scandal. McCabe said it’s time for the DOJ to play...
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Biden Attorney General Merrick Garland announced on Thursday the DOJ was launching a Special Counsel to investigate Joe Biden’s mishandling of top secret classified documents as Vice President of the United States. This comes after a second batch of classified documents was found in his Delaware garage next to his Corvette. Garland nominated Robert Hur to investigate Joe Biden’s criminal activity. Unlike the US president, the vice president does not have the right to take and store classified government documents. Robert Hur was a US Attorney for the District of Maryland from April 2018 to February 2021. Hur was a...
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Shariah law is like a mysterious “other” for most Westerners, who may know of its intolerance of other religions and its criminal codes that call for stoning adulterers and the cutting off of limbs for petty thieves. But few know there is a portion of Shariah that includes a thriving area of finance — deals for real estate and business transactions taking place all over the world with Arab money. President Donald Trump’s pick to head the FBI, Christopher Wray, surely knows something about this segment of Shariah. Wray is a litigation partner at King & Spalding, which is one...
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When it comes to selling copy, it’s a good bet that sex trumps multilateral finance. That’s an axiom of human nature. It would be asking too much to expect that the media, or its customers, would be as fascinated by the in-house diplomacy of the International Monetary Fund as all concerned have been by the scandal surrounding the recently handcuffed and dethroned IMF managing director, Dominique Strauss-Kahn. Most eyes are now on the prosecutor’s cratering case, the curious past of the maid who alleged the sexual assault, and the media now analyzing its own coverage of these sordid events. But...
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An Islamic charity incorporated in Toledo, Ohio, still fighting a case a U.S. Treasury Department asset freeze, published a notice Thursday saying it has been dissolved. It is not clear why the move was made. Treasury froze the assets of KindHearts for Charitable Humanitarian Development in 2006. KindHearts made contributions to Hamas-affiliated organizations and was supporting Hamas in Lebanon and the West Bank. The NGO was called "the progeny of Holy Land Foundation and Global Relief Foundation, which attempted to mask their support for terrorism behind the façade of charitable," by then-Under Secretary for Terrorism and Financial Intelligence, Stuart Levy....
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This guy puts the fruit in fruitcake. Michael Bloomberg shamed those who oppose the Ground Zero Victory Mosque and told a Ramadan audience this week, “We are all Muslims.”CNN reported: We are now in the Islamic holy month of fasting called Ramadan, and Bloomberg hosted last night an annual iftar, or fast-breaking dinner, at Gracie Mansion. In his his remarks, Bloomberg, who has previously supported the Park51 project in the name of both property rights and religious freedom, once again spoke truth to fear and hatred. He admitted that “there are people of good will on both sides of the...
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Islamic megabank to launch in 6-12 months Thu, Feb 18 2010 MANAMA (Reuters) - The creation of a planned Islamic investment megabank is in "fairly advanced stages" and it will likely be launched in the next six to 12 months, an executive at a firm advising on the project said on Thursday. A plan to form the world's largest sharia-compliant lender -- which is being promoted by the chairman of Al Baraka Banking Group Sheikh Saleh Abdulla Kamel -- has been in the works for some years. Sheikh Saleh said last April the global financial crisis had delayed the project,...
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WASHINGTON - President Barack Obama hailed Wednesday's one-year-old economic stimulus law as an accomplishment that staved off another Great Depression and kept up to 2 million people on the job. Still, with millions still out of work and losing patience, Obama acknowledged that to them, "It doesn't yet feel like much of a recovery." Marking the anniversary of the $787 billion American Economic Recovery and Investment Act, Obama aimed his message at people skeptical about the expensive relief measure and Republican lawmakers who voted against it and continue to hammer him about it. To the public, Obama explained, as he...
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“Islamic finance now extends beyond the traditional predominantly Muslim economies to become an increasingly important part of the international financial system.” “Islamic finance implicitly embraces strong core values and universally beneficial characters.” “The Islamic financial system derives its strength and stability from its faculty to uphold Shariah principles. The Islamic financial system thus has an in-built dimension that promotes financial soundness and stability, as it resides within a financial trajectory underpinned by the forces of Shariah injunctions.” These are the words of Tan Sri Dr. Zeti Akhtar Aziz, a prominent Bank Governor in Malaysia who has been an outspoken advocate...
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Cue the outrage. For months, the Obama administration and members of Congress have known that insurance giant AIG was getting ready to pay huge bonuses while living off government bailouts. It wasn't until the money was flowing and news was trickling out to the public that official Washington rose up in anger and vowed to yank the money back. Why the sudden furor, just weeks after Barack Obama's team paid out $30 billion in additional aid to the company? So far, the administration has been unable to match its actions to Obama's tough rhetoric on executive compensation. And Congress has...
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"Never waste a good crisis" has become the semi-official motto of the Obama administration. We first heard it from the Machiavellian Rahm Emmanuel last November, when he said "you never want a serious crisis to go to waste. … It's an opportunity to do things that you think you could not do before." The gaffe-prone Hillary Clinton echoed this sentiment in Europe earlier this month. Then President Obama, in his Saturday radio address, urged America to "discover great opportunity in the midst of great crisis." Emergencies call for urgent responses that allow little time for substantive debate. That is why...
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THE furor over the huge federal spending under President Oba- ma - a $1.75 trillion deficit, 13 percent - obscures an even more basic question: Does he know what he is doing? That is, does he know how to do anything other than spend? His stimulus package, of course, took no special ability: He left the details to Democrats in Congress. But his two other major initiatives - his banking- and mortgage-relief plans - are both flawed and unlikely to solve their respective problems. Indeed, they're so wide of the mark as to prompt questions not of Obama's ideology but...
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Not long ago, after a string of especially bad days for the Obama administration, a veteran Democratic pol approached me with a pained look on his face and asked, "Do you think they know what they're doing?" The question caught me off guard because the man is a well-known Obama supporter. As we talked, I quickly realized his asking suggested his own considerable doubts. Yes, it's early, but an eerily familiar feeling is spreading across party lines and seeping into the national conversation. It's a nagging doubt about the competency of the White House. It was during George W. Bush's...
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WASHINGTON — The Obama administration is signaling to Congress that the president could support taxing some employee health benefits, as several influential lawmakers and economists favor, to help pay for an overhaul of the health care system. The proposal is politically problematic for President Obama, however, since it is similar to one he denounced in the presidential campaign as “the largest middle-class tax increase in history.” Most Americans with insurance get it from their employers, and taxing workers for the benefit is opposed by union leaders and some businesses. In television advertisements last fall, Mr. Obama criticized his Republican rival...
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WASHINGTON, D.C. — The new buzz-word in Washington is “pivot,” used to describe a fundamental change in public policy. Team Obama has done a lot of pivoting — on issues both foreign and domestic. Nowhere has it pivoted more, though, than on the economic front. Clearly, it has turned away from free-market. And while it’s not always clear exactly where they are turning to —leading some pundits to suggest they are simply “making it up as they go along” — the general approach is one more commonly seen in Europe. It assumes that only government can solve key social and...
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Some WallStreet economists think President Obama could have voiced some sympathy about the plight of frightened shareholders when he compared the stock market's plunge to an election tracking poll that "bobs up and down, day to day." They worry that the president is underestimating the important role the stock market plays in the economy's performance, and that the markets' precipitous slide is actually a vote of no confidence in the administration's handling of the economy. There's also a suspicion that Mr. Obama and his advisers think only wealthy people own stocks. "There is some of that feeling that rich people...
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Thomas More Law Center filed suit Monday morning against the U.S. Treasury and the Federal Reserve Board. Law Center president Richard Thompson is asking the court to halt all bailout funds from going to American International Group, Inc. (AIG). Thompson explains why. "Because that company has a branch that is controlled by Islamic scholars and who basically support the religion of Islam through Shariah and ultimately finance terrorist activities," he says. That gives the government an 80-percent stake in the business, which in part has a religious orientation -- which raises constitutional questions, says Thompson. "[I]t also shines a...
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Information extrapolated and formulated from Blogsphere. The last vestiage of free speech!The subprime predatory lending scheme that engineered the 2008 economic crisisThere are two loan terms in this artcle, one is "micro-finance" and the other is "subprime" loans. Both types of loans are designed to "get rich off the poor" by lending to those who cannot afford them. It has been referred to by some economists as "predatory lending".Though micro-finance loans have been extended to the mortgage industry, subprime loans were already available using the same common "rule-set" for loaning to people with little income and no credit. In...
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American taxpayers own $40 billion worth of AIG stock, so it is your company and your responsibility to contact AIG about both its Sharia finance businesses and its efforts to promote Sharia-based insurance in the United States.
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