Posted on 11/04/2008 10:21:29 AM PST by Squidpup
The U.S. Treasury Department is submitting to Shariah --- the seditious religio-political-legal code authoritative Islam seeks to impose worldwide under a global theocracy.
As reported in this space last week, Deputy Secretary of the Treasury Robert Kimmitt set the stage with his recent visit to Saudi Arabia and other oil-rich Persian Gulf states. His stated purpose was to promote the recycling of petrodollars in the form of foreign investment here.
Evidently, the price demanded by his hosts is that the U.S. government get with the Islamist financial program. While in Riyadh, Mr. Kimmitt announced: "The U.S. government is currently studying the salient features of Islamic banking to ascertain how far it could be useful in fighting the ongoing world economic crisis."
"Islamic banking" is a euphemism for a practice better known as "Shariah-Compliant Finance (SFC)." And it turns out that this week the Treasury will be taking officials from various federal agencies literally to school on SFC.
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Unfortunately, such submission - the literal meaning of "Islam" - is not likely to remain confined long to the Treasury or its sister agencies. Thanks to the extraordinary authority conferred on Treasury since September, backed by the $700 billion Troubled Asset Relief Program (TARP), the department is now in a position to impose its embrace of Shariah on the U.S. financial sector. The nationalization of Fannie Mae and Freddie Mac, Treasury's purchase of - at last count - 17 banks and the ability to provide, or withhold, funds from its new slush-fund can translate into unprecedented coercive power.
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(Excerpt) Read more at jewishworldreview.com ...
Maybe just rumors, but it’s likely just a matter of time. Our country/government begging for those Islam oil dollars to finance our, largest debt in the world. The choice is to quite sending all that money to them or do as they say, duh.
great talking points - our greatest “debt” is not to anything islamic. it is to China, India, Canada, and Mexico at the moment.
Amazing that we can send hundreds of billions of dollars to these _oil_ nations and somehow that money doesn't have any USA clout in some folks minds. Wake up!
Makes me glad I was against the bailout.
Relax...separation of church and state BS cuts allot of ways. The US treasury dept cant give a real inch to Sharia without catching a lawsuit.
He says, if the Big O wins and the market rights itself shortly afterward, then is proof of his theory. That it was market maniputaion and the 10-20 billion, they lost is cheap to gain control of the largest economy in the world.
Thanks LucyT for the link. This one would have been better to publish late in October (okay, yeah, I haven’t actually looked at the date of it), but anyway, possibly worth a look, otherwise probably nothing to worry about (overstatement of case). Moslem lending (even mortgages) is based on zpi.
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