U.S. Treasury fears Islamic strings on investments

WorldNetDaily.com ^ | March 18, 2008 | Jerome R. Corsi

[Man50D]

The U.S. Treasury is struggling with how to handle any political or Islamic ramifications as Persian Gulf sovereign wealth funds look to make substantial investments in capital-poor American banks and securities firms.

The crisis in mortgage-backed securities has created a need for new capital to enter financial markets after major financial institutions such as Bear Stearns and Carlyle Capital Corp. failed over the weekend.

The crisis is an opportunity for sovereign wealth funds that have prospered as the price of oil has soared over $110 a barrel.

WND previously reported sovereign wealth funds in six Persian Gulf countries, including Kuwait, the United Arab Emirates and Qatar, have now amassed $1.7 trillion, positioning them for attempts to control major banks and securities firms in the U.S.

The question is whether political strings will come with the investment from the Islamic oil-rich states.

Since the beginning of the year, Dubai and Abu Dhabi, two of the largest United Arab Emirate states, have been in discussions with the U.S. Treasury, offering reassurances that their investments in U.S. banks and security firms would not impose restrictions usually dictated by Islamic law, commonly know as sharia.

[Man50D]

Since the beginning of the year, Dubai and Abu Dhabi, two of the largest United Arab Emirate states, have been in discussions with the U.S. Treasury, offering reassurances that their investments in U.S. banks and security firms would not impose restrictions usually dictated by Islamic law, commonly know as sharia.

Western hemisphere politicians couldn't be more gullible when it comes to Islam and Sharia law.They should read the following article. Islamic Scholar Warns U.S. of 'Two-Faced' Muslims

[ought-six]

We are so screwed. The blindness of our leadership is astonishing.

[G.Love]

Okay, this is pretty scary. I hope somebody is watching this.

[NurdlyPeon]

Well there is one good thing. Thank Allah we're not screwing up the pristine wilderness of Anwar by drilling for oil.

[houstonman58]

"We are so screwed. The blindness of our leadership is astonishing."

Not blind, just willful, arrogant and looking towards a new world order.

[PubliusMM]

Let them invest their billions and billions...and then nationalize the industries in which they are invested, and revert them to domestic control via new public offerings.

Now, there’s a plan.

[Sender]

Cash infusion ping.

[ImaGraftedBranch]

I bet there is something significant about the type of swords used in this picture. GW asked to sport the smaller curved one...Perhaps a hidden message to the muslims?

[EdReform]

Ping

[LSUfan]

I would not even want the UNITED STATES government buying up shares in private sector companies. Why should I feel comfortable when the government of a Middle East tin-pot dictatorship starts buying up shares of our companies?

[Sammy67]

Utter Stupidity, The Muslim brotherhood's plan to take over the United States and the world is right on track.

[Gritty]

Where’s the video of Obama’s pastor giving his “Chickens Coming Home to Roost!” sermon?

[Etoo]

[We are so screwed. The blindness of our leadership is astonishing.]

 

 

Bush economic advisors on Bear Stearns Day

 

"yuck yuck yuck"

 

 

 

 

 

 

 

 

[Lurker]

"Nick who? Daniel who?"

L

[Etoo]

[Why should I feel comfortable when the government of a Middle East tin-pot dictatorship starts buying up shares of our companies?]

 

Indeed, it will only hasten the reality where corporatism and communism are mirror images of the same thing.  Both being Godless environments where anything goes and the only morality is expressed in worshipfull servitude to the collective hive.

[houstonman58]

"I bet there is something significant about the type of swords used in this picture. GW asked to sport the smaller curved one...Perhaps a hidden message to the muslims?"

Stop kidding yourself about Bush, he firmly believes that Islam is a "great religion" and a "religion of peace". He believes that 'terrorism' is merely a tiny minority of bandits within Islam that can be hunted down and defeated. Well Bush is wrong. "Terrorism" will never end until the scourge of Islam itself is defeated, because whenever they find an upper hand or an opportunity to attack the "infidel" world they have done it. And they have been doing it for 1,400 years.

BTW, that sword that Bush is holding is the traditional Islamic 'scimitar', (the curved sword). He's holding it because he's a dufus.