Islamofacism is actually not all that accurate. Radical Islam is more nihilism than facism.
The "IslamoNazi" Threat Similarly, al Qaeda launches attacks in Saudi Arabia and the Saudis work with us to capture and kill al Qaeda members who threaten them. In this sense both Saudi government officials and probably even Wahhabi clerics are willing to "cooperate with the U.S. on counter-terrorism." But this cooperation does not negate the fact that al Qaeda and the Wahhabis share essentially the same underlying totalitarian theocratic ideology. It is this common Salafist ideology that the Wahhabis have been spreading widely financed by $3-4 billion/year from the Saudi government and wealthy individuals in the Middle East over the last quarter century to the madrassas of Pakistan, the textbooks of Turkish children in Germany, and the mosques of Europe and the U.S. Alex Alexiev, senior fellow at the Center for Security Policy, testified before Congress on June 26, 2003, that this is approximately three-four times what the Soviets were spending on external propaganda and similar "active measures" at the peak of Moscow's power in the 1970s.This underlying Salafist ideology being spread by the Wahhabis is fanatical and murderous, indeed explicitly genocidal. (The president's "Islamofascist" term is thus perhaps understated the Italian fascists were horrible, but not genocidal. "IslamoNazi" would be more accurate.)