Posted on 08/14/2010 8:14:13 AM PDT by ventanax5
It is “financial jihad,” explained Yusuf Qaradawi, the Muslim Brotherhood’s sharia compass — and the man Feisal Rauf, the brains behind the proposed Ground Zero mosque, admires as “the most well-known legal authority in the whole Muslim world today.” It was 2002 and Qaradawi, who endorses suicide bombing and the targeting of American personnel operating in Islamic countries, was giving a lecture on the need to use the international financial system to support Islamist goals — like Hamas’s war to destroy Israel.
The financial jihad has now achieved its greatest coup so far: It has co-opted the U.S. government as a partner. In fact, if you would like to see a contributor to the jihad, have a look in the mirror. Thanks to the Obama administration, every one of us is complicit. The bailout bonanza made each of us an owner of American Insurance Group (AIG). Under the stewardship of its real CEO, Treasury Secretary Timothy Geithner, AIG proudly runs the world’s most lavishly funded sharia-compliant insurance business — and it is desperately trying to convince a federal court in Michigan that no one should have a problem with that.
Sharia-compliant finance (SCF) is now a thriving American industry. Sharia is Islam’s authoritarian legal framework. It aspires to control not merely spiritual life but all aspects of society, including economic matters. The purpose of SCF is to advance that mission in two important ways.
(Excerpt) Read more at nationalreview.com ...
An Eye Opening MUST READ ping!
(at least some patriots are fighting back..i.e. Thomas More Law Center)
“That is a big problem for AIG under Uncle Sam’s management. The First Amendment’s Establishment Clause has been construed to bar government action (including government underwriting of action) that is “pervasively sectarian.” Under our jurisprudence, the state is forbidden to act if its “secular purposes” are “inextricably intertwined” with a “religious mission,” as the Supreme Court put it in Bowen v. Kendrick (1988). SCF is Islamic proselytism, and our law prohibits the “active involvement of the sovereign in religious activity” — so said the high court in Lemon v. Kurtzman (1971).
The Thomas More Law Center has filed a lawsuit against Secretary Geithner and the Treasury Department, seeking to shut down AIG’s SCF business while that business is owned by the taxpayers. In response, the Obama administration has hilariously denied that SCF is really an “Islamic religious activity.” Someone will need to break that news to Professor Hayes, the guy who wrote that “the raison d’etre for the practice of Islamic finance is undeniably religious.” When the Treasury Department co-hosted a Harvard SCF seminar less than two years ago, it chose none other than Hayes to preside.
Treasury also counters that the public money used for AIG’s SCF programs is trivial. That is specious. Geithner has committed $70 billion of our money to AIG. Of this amount, the lawsuit has demonstrated that nearly $1 billion was poured directly into AIG’s SCF businesses, and billions more are available for diversion. How much public money is actually promoting sharia finance may be impossible to say with certainty. AIG jointly operates many of its branch offices, using consolidated accounting and non-segregated bank accounts. Neither the government nor AIG has ever issued any regulations or created any firewalls to prevent American taxpayer money from underwriting SCF activities.”
Before 0bama we were losing this country slowly. Under 0bama we are watching it slip away before our eyes.
Sent the link to many in my address list.
OUTSTANDING post!
HOORAY Andrew C. McCarthy!
HOORAY Andrew C. McCarthy!
HOORAY Andrew C. McCarthy!
Starve the beast. Squeeze the economy until these anti-truth, anti-freedom collectivists/totalitarians are voted out of office...FOREVER.
We can then examine and deal with their collectives one by one.
Lovely. The non-Muslim American taxpayer is funding his and her own destruction.
If there’s any remaining question about where Skippy’s true sympathies lay, this article dispels all doubt.
November 2012 is a long, long time from now. Our country may not survive until then.
Nice try but the bunch of Chicago gangsters in the WH could care less about US jurisprudence.
These lowlifes laugh in the face of anyone who dares to remind them of US jurisprudence.
Ping for a later read!
Personally, I think America should keep SCF products - good way of luring in the petrodollars the gulf are earning from high oil dollars and controlling their investment targets.
Thanks citizenredstater9271.American Insurance Group... proudly runs the world's most lavishly funded sharia-compliant insurance business -- and it is desperately trying to convince a federal court in Michigan that no one should have a problem with that. Sharia-compliant finance (SCF) is now a thriving American industry. Sharia is Islam's authoritarian legal framework. It aspires to control not merely spiritual life but all aspects of society, including economic matters.
thanks, bfl
Another BTTT! for McCarthy!
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