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A Caliphate of Toxic Assets
FrontPageMagazine.com ^ | June 29, 2009 | Alyssa A. Lappen

Posted on 07/07/2009 2:27:12 AM PDT by MestaMachine

When a pro-terrorist organization announces its intention to launch a financial jihad against the West, it is well worth learning their methods --- especially when they promote a religious pseudo-financial scheme through largely unregulated practices purported to be safer than the conventional. But ultimately, the new assets are constructed with as little, and perhaps considerably less, transparency than the last wave of toxic assets that hit the economy, with catastrophic results.

The Muslim organization Hizb Ut Tahrir capitalizes on Muslim Brotherhood founder Hassan al-Banna's 20th century derivative, encouraging followers to build a parallel financial structure. Al-Banna envisioned the resultant Shari'a-compliant finance as a “back door” into Western financial markets and institutions through which to supplant liberty and prosperity with Islam. Muslim clerics including MB spiritual leader Yusuf al-Qaradawi promote Shari'a finance as generally safer than Western investments, a diversification method to steady personal assets -- and a stable economic system that should replace capitalism. Call it “financial replacement theology,” if you wish.

In July, Hizb Ut Tahrir plans to launch its U.S. arm with a huge Chicago “Khalifah conference” heralding the coming Caliphate and global Islamic supremacism. After 9/11, Germany and Sweden outlawed Hizb Ut Tahrir. In July 2005, Pakistan's then-president Pervez Musharaf warned Britain not to tolerate its continued U.K. presence. But in the U.S., Hizb Ut Tahrir has proudly announced intentions to replace capitalism with Islam.

(Excerpt) Read more at frontpagemag.com ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events
KEYWORDS: financial; islam; jihad; terrorism
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I have posted another article about Shariah Banking HERE, but nobody seemed interested. The linked article is a detailed description of how it works. I urge you to PLEASE read at least one of these articles and understand what is happening here, because when it has all moved into place, there won't be a damn thing you can do about it.
1 posted on 07/07/2009 2:27:13 AM PDT by MestaMachine
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To: LucyT; Polarik

July, folks. That’s NOW.


2 posted on 07/07/2009 2:29:20 AM PDT by MestaMachine (Zero+Zero=Zero, OR nothing from nothing is still nothing. OR 0+R E =0)
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To: MestaMachine

One sure thing, none of the bailout supported companies can get involved in this stuff. There’s already been a court case about it. Seems that little riff about the separation of church and state backfired on the liberals.

If, on the other hand, Muslims want to create a private disaster for themselves, more power to them.


3 posted on 07/07/2009 2:32:56 AM PDT by HiTech RedNeck
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To: HiTech RedNeck; All
Not so quick. This is deeper than one company. It includes most of our government as well as foreign banks, The World bank, IMF, Insurance Companies, Health Care. ad infinitum. When they say take over, they mean TAKE OVER.

ISLAM'S PLAN

4 posted on 07/07/2009 2:42:01 AM PDT by MestaMachine (Zero+Zero=Zero, OR nothing from nothing is still nothing. OR 0+R E =0)
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To: MestaMachine

Yes that’s what radical flavors of Islam want. The extent to which government can go in, however, seems to be sharply curbed by the 1st Amendment. And everyone seems to want to be open to government investment. The Moose can’t do squat about that.


5 posted on 07/07/2009 2:46:44 AM PDT by HiTech RedNeck
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To: MestaMachine

Yes that’s what radical flavors of Islam want. The extent to which government can go in, however, seems to be sharply curbed by the 1st Amendment. And everyone seems to want to be open to government investment. The Moose can’t do squat about that.


6 posted on 07/07/2009 2:47:12 AM PDT by HiTech RedNeck
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To: HiTech RedNeck

HiTech, with all due respect, and I mean that, your reply is why people need to educate themselves on Shariah. It seems so simple, but it isn’t. The court case you spoke of might as well never have happened. For instance, AIG is based in London. There are gazillions in off shore banks that are shariah compliant. Wall Street now has a Shariah Index. They already have this in place as do many other financial institutions. You can’t narrow the focus to one lawsuit. It’s like a raindrop in the ocean.


7 posted on 07/07/2009 2:54:10 AM PDT by MestaMachine (Zero+Zero=Zero, OR nothing from nothing is still nothing. OR 0+R E =0)
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To: MestaMachine

Why should we believe a one sided account? The US Government is banned from investing in sharia, period.


8 posted on 07/07/2009 2:57:42 AM PDT by HiTech RedNeck
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To: MestaMachine

Huh, they left Antarctica off of their red map.


9 posted on 07/07/2009 3:04:38 AM PDT by HiTech RedNeck
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To: HiTech RedNeck
Huh, they left Antarctica off of their red map.

ROFL. Yeah. But believe it or not, they are even there. "Research group." Jihad is everywhere.

10 posted on 07/07/2009 3:09:04 AM PDT by MestaMachine (Zero+Zero=Zero, OR nothing from nothing is still nothing. OR 0+R E =0)
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To: MestaMachine

Remember, these are the same people who gave us Baghdad Bob. They are too stupid to prosper even when rolling in trillions of dollars.


11 posted on 07/07/2009 3:11:45 AM PDT by HiTech RedNeck
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To: HiTech RedNeck

You have mail.....


12 posted on 07/07/2009 3:15:28 AM PDT by MestaMachine (Zero+Zero=Zero, OR nothing from nothing is still nothing. OR 0+R E =0)
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To: MestaMachine

Obammie is a Commie.


13 posted on 07/07/2009 3:19:26 AM PDT by HiTech RedNeck
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To: HiTech RedNeck

muslims are nazis....


14 posted on 07/07/2009 3:21:06 AM PDT by MestaMachine (Zero+Zero=Zero, OR nothing from nothing is still nothing. OR 0+R E =0)
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To: MestaMachine

Fortunately, Islamoterrorists are rather stupid nazis. What wisdom we hear from Islamic countries is from the moderates. (Yes, there are moderates in Islam. Pakistan has a lot of communities of them, who have learned the hard way not to let the Taliban get a foothold.)


15 posted on 07/07/2009 3:23:49 AM PDT by HiTech RedNeck
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To: HiTech RedNeck; null and void; Beckwith; stockpirate; PhilDragoo; Candor7; MeekOneGOP; Myrddin; ...
Fortunately, Islamoterrorists are rather stupid nazis.

They are Nazis, nonetheless, and the decade-long planning and execution of 9/11 was not done by a bunch of stupid camel jockeys, but a bunch of well-educated, well-funded, and well-trained operatives.

People like CAIR's Ibrahim Hooper have said that they want to make America an Islamic nation with Sharia Law replacing the Constitution, and with a Marxist Muslim in the White House, they must be licking their chops.

In fact, they have positioned themselves all throughout our government.

Beware of creeping Sharia.

16 posted on 07/07/2009 4:59:32 AM PDT by Polarik (Obama: When destroying America is not enough.)
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To: Polarik

They are moving on this as we speak. I have no idea how much of this is already in place, but I WILL find out. It is being done at such a dizzying pace that we need dramamine to keep up with it.
July. Muslim Brotherhood. Obama. O GOD!!!


17 posted on 07/07/2009 5:14:53 AM PDT by MestaMachine (Zero+Zero=Zero, OR nothing from nothing is still nothing. OR 0+R E =0)
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To: Polarik

Idiots savant. They pull off a 9/11, and then give us a Baghdad Bob and expect us to believe him.


18 posted on 07/07/2009 5:27:24 AM PDT by HiTech RedNeck
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To: MestaMachine

If anything, I’d venture that George W. Bush was more a friend to Muslims (via his oil connections) than Obama is. Obama can and will throw you under the bus the moment you become inconvenient.


19 posted on 07/07/2009 5:28:43 AM PDT by HiTech RedNeck
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To: HiTech RedNeck

Except for the saud king and homodinejad. Come on, Redneck. He is a true believer. Whatever esle he is fits islam like a glove.
PURE EVIL.


20 posted on 07/07/2009 5:47:33 AM PDT by MestaMachine (Zero+Zero=Zero, OR nothing from nothing is still nothing. OR 0+R E =0)
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