pay outs on honor killings.... great idea. On Oct 7, 2:00 pm, "Buckshot Bubba" <[EMAIL PROTECTED]> wrote: > From: *Travis* > Date: Sun, Oct 5, 2008 > Subject: America Must Not Bail Out Sharia Finance > > It would be treasonous to provide aid to the enemy Islam. > > B > > http://www.unitedstatesaction.com/blog/imm-articles/108.html > > *America Must Not Bail Out Sharia Finance > > *October 3, 2008 > by Jeffrey Imm > Anti-Jihad League of America > > http://anti-jihad.org/blog/2008/10/sharia-bailout/http://www.unitedstatesaction.com/blog/imm-articles/108.html > > On September 17, 2008, the U.S. News and World Report magazine > reported<http://www.usnews.com/blogs/the-ticker/2008/9/17/aig-the-biggest-bail...>on > how the "Federal Reserve extended an $85 billion loan to American > International Group to be paid back as AIG sells off some business in the > biggest government takeover so far in the ongoing credit crisis." What the > American public hasn't seen yet is what AIG is going to sell off in terms of > its business. According to the September 16, 2008 press > release<http://federalreserve.gov/newsevents/press/other/20080916a.htm>by > the Federal Reserve on this bailout, the "U.S. government will receive > a > 79.9 percent equity interest in AIG and has the right to veto the payment of > dividends to common and preferred shareholders." > > But while the U.S. taxpayers are loaning money to AIG and the U.S. holds a > nearly 80 percent equity interest in AIG, no one in the government seems > concerned that AIG is continuing to expand its Sharia finance > business<http://www.aigmemsa.com/aig/takaful/aboutus_launch.jsp>. > Less than a week after the government bailout of AIG, Reuters > reported<http://www.cnbc.com/id/26834130/>on how AIG's unit American > International Assurance Co (AIA) was awarded an > "international takaful (Islamic insurance) license" by the Malaysian > government. AIG's American International has been selling Sharia-based > "Islamic insurance" for at least two years, through its AIG Takaful > division<http://www.aigmemsa.com/aig/takaful/aboutus_launch.jsp>, > since its October 1, 2006 > announcement<http://www.boston.com/business/articles/2006/10/01/american_internati...>, > with a stated > goal<http://www.boston.com/business/articles/2006/10/01/american_internati...>to > sell such Sharia financial instruments in the United States. AIG > SunAmerica, AIG Financial Services Corp, and other divisions of AIG also are > dealers <http://www.amanafunds.com/dealer_list.html> in Sharia mutual > trusts. > > The AIG bailout came two days before Congressman Tancredo's > introduction<http://tancredo.house.gov/PRArticle.aspx?NewsID=1386>of > the "Jihad > Prevention Act" (H.R. > 6975)<http://www.unitedstatesaction.com/documents/HR6975.pdf>, > which <http://tancredo.house.gov/PRArticle.aspx?NewsID=1386>"would deny U.S. > visas to advocates of 'Sharia" law, and expel Islamists already here." This > House bill has been referred to the House Committee on the Judiciary. Yet as > the AIG bailout > shows<http://www.usnews.com/blogs/the-ticker/2008/9/17/aig-the-biggest-bail...>, > the challenge of Sharia is more than an immigration problem, and the U.S. > federal government is not yet taking any action on Sharia finance. While we > should be concerned about "Islamists" coming to the U.S. to promote Sharia, > shouldn't we be really concerned that the U.S. taxpayers own a nearly 80 > percent equity interest in a company promoting Sharia finance today? > Shouldn't the first assets that AIG should have sold two weeks ago have been > their Sharia finance businesses? > > The day before the AIG bailout was being announced, the Center for Security > Policy's (CSP) Frank Gaffney > published<http://www.centerforsecuritypolicy.org/Modules/NewsManager/ShowSectio...>his > concerns about this growing financial institutional problem of > "Shariah-Compliant Finance (SCF)" in an article entitled "Into the > Fire."<http://www.centerforsecuritypolicy.org/Modules/NewsManager/ShowSectio...> > In his article, Mr. Gaffney references David Yerushalmi's study "Shari'ah's > Black Box: Civil Liability and Criminal: Exposure Surrounding > Shari'ah-Compliant > Finance,"<http://www.centerforsecuritypolicy.org/modules/newsmanager/center%20p...>which > details the lack of financial transparency inherent in Sharia finance, > and how such lack of transparency could lead to financial institutions being > used to support terrorism and reverse money laundering. Moreover, as Mr. > Gaffney > states<http://www.centerforsecuritypolicy.org/Modules/NewsManager/ShowSectio...>, > the current financial crisis will allow Islamist nations to buy "up engines > of our capital markets for pennies on the dollar," and "[w]orse yet, they > are, in the process, putting themselves in a position to promote > Shariah-Compliant Finance and the seditious theo-political agenda it > serves." > > Sharia finance <http://www.shariahfinancewatch.org/blog/> is not just > "business." Sharia finance exists to promote an expansionist, > supremacist<http://www.unitedstatesaction.com/blog/imm-articles/090.html>ideology; > it is not merely "business," but is "business with an agenda." As > I addressed in my November 14, 2007 > article<http://www.unitedstatesaction.com/blog/imm-articles/070.html>"Dow > Jones, Wall Street Journal, and Islamist Financing," organizations > promoting Sharia finance have employed individuals such as > former<http://frontpagemag.com/Articles/Read.aspx?GUID=D0A52215-262C-4438-A3...>Dow > Jones' advisor Mufti Muhammad Taqi Usmani, who have > called > <http://www.unitedstatesaction.com/blog/imm-articles/070.html#Usmani>for > Jihad. As Alex > Alexiev has > stated<http://www.centerforsecuritypolicy.org/modules/newsmanager/center%20p...>, > "far from being an innocent venture in free market capitalism, Islamic > finance was conceived and is practiced as one of the key instruments of the > militant Islamist movement in its struggle against the West." As reported by > Alex > Alexiev<http://www.centerforsecuritypolicy.org/modules/newsmanager/center%20p...>, > Alyssa A. > Lappen<http://frontpagemagazine.com/Articles/Read.aspx?GUID=1E90E478-FA24-45...>, > Lt. Col. Jonathan D. Halevi <http://www.jcpa.org/jl/vp531.htm>, and others, > Shariah finance zakat can be used to promote Jihad warfare. As addressed by > Allyson Rowen Taylor <http://www.shariahfinancewatch.org/blog/> and others, > Sharia finance is anything but simply "business," as has been > addressed<http://www.frontpagemag.com/Articles/Read.aspx?GUID=9876D480-1E6C-46E...> > in<http://www.frontpagemag.com/Articles/Read.aspx?GUID=A228AF1E-A0E5-429...> > multiple<http://article.nationalreview.com/print/?q=ZjBhMTM5MTlmN2YzNzE0MmFkOT...> > articles<http://www.carolineglick.com/e/2007/10/sharia_friendly_investments.asp>on > this > subject <http://www.shariahfinancewatch.org/>. > > R*ole of the Emergency Economic Stabilization Act to Protect America's > Interests* > > With the passage of the "Emergency Economic Stabilization Act of > 2008"<http://financialservices.house.gov/essa/essabill.pdf>by the U.S. > Senate and the U.S. House of Representatives (H.R. > 1424) <http://www.unitedstatesaction.com/documents/HR1424.pdf>, a key part > of its implementation is described in Section 104 of the legislation, > "Financial Stability Oversight Board." The Financial Stability Oversight > Board is comprised of the U.S. Treasury Secretary, the Chairman of the Board > of Governors of the Federal Reserve System, the Director of the Federal > Housing Finance Agency, the Chairman of the Securities Exchange Commission, > and the Secretary of Housing and Urban Development. This oversight board has > the responsibility to ensure that policies enacted under this legislation > are "in the economic interests of the United States. > > As major financial organizations are receiving loans and other U.S. federal > government bailouts, there have been no expectations set that they should be > divesting their Sharia finance divisions and businesses. Why not? Certainly > it is not the responsibility of American taxpayers to fund the efforts of > financial organizations to promote Islamic supremacist financial > instruments, any more than American taxpayers should be asked to fund any > business that supports financial instruments that are geared exclusively to > promote an identity-based supremacist ideology. > > Under this Emergency Economic Stabilization Act of 2008, will this Financial > Stability Oversight Board protect the American taxpayer from funding > financial institutions that have or promote Sharia finance divisions? > Clearly this did not happen with the September 16, 2008 > bailout<http://federalreserve.gov/newsevents/press/other/20080916a.htm>of > AIG, where American taxpayer dollars are being used to fund a company > supporting Sharia finance. Isn't it "in the economic interests of the > United States," to ensure that U.S. taxpayer dollars are not being used to > support divisions of financial organizations engaging in Sharia finance? > > Congress and this Financial Stability Oversight Board should state that > there are consequences to American taxpayers' support of such financial > institutions, and a key consequence should be the elimination of Sharia > finance that is rampantly supported among such financial > institutions<http://www.shariahfinancewatch.org/blog/shariah-compliant-banks/>ranging > from AIG's > Takaful <http://www.aigmemsa.com/aig/takaful/aboutus_launch.jsp> division to > J.P. Morgan's MENA Islamic banking > group<http://www.unitedstatesaction.com/documents/MENA_brochure.pdf>(see > page 6 of MENA > brochure <http://www.unitedstatesaction.com/documents/MENA_brochure.pdf>). > > While dealing with the legitimate challenges of our financial problems and > marketplace issues, the U.S. government has the responsibility to also > protect America's interests and the tax dollars of the American public to > ensure that they are not funding Sharia finance businesses, and not funding > an ideology that calls for and funds Jihad (using Sharia finance zakat). > > The American public must demand that U.S. government withholds financial > support to those financial institutions who continue to undermine our > national security interests by supporting Sharia finance. > > Fear No Evil. > > __._,_.___ > Messages<http://groups.yahoo.com/group/grendelreport/messages;_ylc=X3oDMTJmbXA...> > [image: Yahoo! > Groups]<http://groups.yahoo.com/;_ylc=X3oDMTJlMW5kcHBrBF9TAzk3NDc2NTkwBGdycEl...> > Change settings via the > Web<http://groups.yahoo.com/group/grendelreport/join;_ylc=X3oDMTJnOWJwb2x...>(Yahoo! > ID required) > Change settings via email: Switch delivery to Daily > Digest<[EMAIL PROTECTED]:+Digest>| > Switch > format to Traditional<[EMAIL PROTECTED]:+Traditional> > Visit Your Group > <http://groups.yahoo.com/group/grendelreport;_ylc=X3oDMTJlMWs3MGtlBF9T...>| > Yahoo! Groups Terms of Use <http://docs.yahoo.com/info/terms/>| Unsubscribe > <[EMAIL PROTECTED]> > Recent Activity > > - 12 > New > Members<http://groups.yahoo.com/group/grendelreport/members;_ylc=X3oDMTJnZzhn...> > > Visit Your Group > <http://groups.yahoo.com/group/grendelreport;_ylc=X3oDMTJmODZxZWtiBF9T...> > Yahoo! News > > Fashion > News<http://us.ard.yahoo.com/SIG=13oej4vcp/M=493064.12016309.12445701.8674...> > > What's the word on > > fashion and style? > 10 Day Club > > on Yahoo! > Groups<http://us.ard.yahoo.com/SIG=13o72t6hb/M=493064.12016283.12445687.8674...> > > Share the benefits > > of a high fiber diet. > Weight Loss Group > > on Yahoo! > Groups<http://us.ard.yahoo.com/SIG=13ppnkd8l/M=493064.12016300.12445692.1132...> > > Get support and > > make friends online. > . > > __,_._,___ > > -- > *~@):~{> > > -- > *~@):~{> --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum
* Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
