Hussein Obama plans major address in Islamic capital

The appeasement policy we posted on here and here is in full swing. Barack Hussein Obama will travel to one of the many ‘ U.S. flag stomping, effigy burning, “death to America” chanting, infidel-cursing, terrorist breeding, jihad planning, sharia enforcing’ countries to appease America haters – who were America haters before George Bush and will be after Hussein Obama’s speech. It is painfully obvious he is either lying to Americans, or lying to Muslims and himself when he yaps about countries with peoples of good will who want their citizens and ours (who is he referring to by “ours”?) to prosper together. That would exclude all those countries described above. Including what some refer to as Palestine as stated by PLO Ambassador to Lebanon Abbas Zaki: We Consider the U.S to Be an Enemy Country

President-elect Barack Obama plans to give “a major address” in an Islamic capital soon after taking office as he seeks to mend America’s image in the Muslim world, a Chicago Tribune interview said.

“I think we’ve got a unique opportunity to reboot America’s image around the world and also in the Muslim world in particular,” Obama said in the interview published late Tuesday on the Tribune’s website.

Obama promised an “unrelenting” desire to “create a relationship of mutual respect and partnership in countries and with peoples of good will who want their citizens and ours to prosper together.”

The world “is ready for that message.”

(says who? and will Obama be pandering to Muslims before he addresses the many domestic issues and organizations that deserve a Presidents attention before the most violent, repressive ‘religion’ in the world?)

via Obama plans major address in Islamic capital: interview – Yahoo! News.

Boeing explores sharia compliant finance options

And why not, after all, Islamic terrorists who adhere to sharia law hijacked planes and killed Americans so why not succumb to their financing desires. Talk about greed.

Aviation giant enters talks with Gulf banks over model for sharia-compliant funding for aircraft orders.

Boeing is in talks with Gulf banks to develop a range of sharia-compliant aircraft financing products.

The US aircraft manufacturer is keen to tap into the underdeveloped aircraft finance market in the region as liquidity in other parts of the banking market dries up.

Boeing says it is trying to develop a global equivalent to the enhanced equipment trust certificate, a product similar to a lease that has been used to finance US aircraft sales for several years.

The system is based on a certificate being sold to investors by a trust, and the money raised being used to buy an aircraft.

The plane is subsequently leased to an airline, with regular payments made to the investors via the trust. The airline takes ownership of the aircraft when the certificate matures.

Certificates are sold on the bond market, and Boeing says a similar product, tailored to be sharia compliant, could also prove popular in the Islamic bond (sukuk) market. Continue reading

The U.S. Should Ban Sharia Finance

By Rachel Ehrenfeld via The Terror Finance Blog

The U.S. financial crisis is attributable, in part, to a lack of transparency. If the government adopts Shari’a-based financing, our financial system will be rendered even more opaque. Such a policy also entangles American finance with Islamic law in violation of the First Amendment’s Establishment Clause which mandates separation of State from Church or Mosque.

The Organization of the Islamic Conference (OIC) created by the Saudis in 1969 for the purpose of “liberating Jerusalem and Al-Aqsa from Zionist occupation” is leading the charge for global expansion of Shari’a-based financing. The OIC High Commissioner for the Boycott of Israel coordinates the efforts of OIC’s fifty-seven member states to economically isolate the Jewish state, a blacklisting policy first declared by the Arab League Council on December 2, 1945. The boycott is enforced via the Damascus-based Central Boycott Office.

Congress unanimously condemned Saudi Arabia on April 5, 2006, (H.Con.Res.370) for its continued enforcement of the boycott in violation of commitments it made to the World Trade Organization in 2005. The U.S. Commerce Department’s Bureau of Industry and Security reported a 20% increase in Arab boycott requests in 2006 from the previous year. In June 2006, the Saudi ambassador admitted his country still enforced the boycott, and the Saudis participated in the 2007 boycott conference in Syria.

Adopting Shari’a-based financing violates U.S. law which makes it illegal for American individuals or companies to cooperate with the Arab boycott, mandates reporting of boycott requests, and imposes civil and criminal penalties against violators.

Therefore, the American Center for Democracy and Dr. Rachel Ehrenfeld protest the Treasury Department’s plan to subject America’s citizens and its financial industry to Islamic rule in violation of the Constitution and U.S. law.

via The Terror Finance Blog: The U.S. Should Ban Shari’a Finance

Bank to offer an array of Shariah compliant VISA products

“Visa is delighted to be working with Al Hilal bank to deliver Shariah compliant products to customers. Visa is committed to developing tailor made payment solutions which help banks become leaders in their respective marketplaces,” said Robin Mukherjee, UAE Area Manager, Visa Inc.

The new Al Hilal Visa cards are structured according to Islamic principles. The suite of Visa products will offer unsurpassed acceptance as well as additional benefits such as 24/7 emergency roadside assistance.

“This is a new landmark in our bank’s history. Read it all via Bank to offer an array of Shariah compliant VISA products

A landmark in the continued Islamization of the world, including the financial world. While Al Qaeda invites the U.S. to become Muslim (or face the jihad), Visa creeps from another angle.

What Is Sharia Finance? Don’t Ask the Treasury

Administrator of your $700B bailout is touting sharia finance!!!

As news reports trickle in indicating that the overwhelming majority of American Muslims voted for Barack Obama, the Wahhabi/Muslim Brotherhood-dominated Muslim establishment can barely conceal its glee at the prospect of the Obama presidency opening vast new opportunities for radical Islam in America. Whether such hopes are realistic or not remains to be seen. But, in the meantime, the outgoing administration with little fanfare and less notice has obligingly opened yet another avenue for the Islamists to pursue their ultimate objective of imposing barbaric sharia law in America.

The event in question was a Treasury Department seminar held last week entitled “Islamic Finance 101.” The advertised purpose of the closed meeting was to provide Treasury regulators with objective information on Islamic Finance, a rapidly growing sector also known as Sharia-Compliant Finance (SCF). In reality, the seminar was little more than a government-sponsored promotion of the subversive Islamist agenda carried out under the Sharia Finance guise.

It couldn’t be any other way, given that not a single critic of SCF was invited and most of the “experts” present turned out to be Shariah finance promoters and practitioners with vested financial interests in the scheme and/or Islamist backgrounds or both.

Not surprisingly, the picture of Sharia finance that emerged from the presentations of these worthies was that of a God-ordained, socially-conscious, morally superior and more profitable financial system that’s ready to replace its failed capitalist counterpart. And, as if to make this picture even more idyllic and persuasive, the seminar was introduced by none other than the administrator of the $700 billion in government handouts to our currently nationalized banking system, Neel Kashkari.

What’s particularly disturbing about this picture is not only that it is completely bogus, but that Treasury, of all U.S. government institutions, ought to know that and not allow such Islamist propaganda to take place on its premises.

So what exactly is sharia finance? Read it all via another of Alex Alexiev’s fine articles: What Is Sharia Finance? Don’t Ask the Treasury – HUMAN EVENTS

U.S. Interest in Shariah Finance Opens Dangerous Doors

This Fox reporter better watch out or might get fired like E.D. Hill for discussing Islam.

“If you understand what Shariah is, you understand that it is a pretty awful system. Not something that you’d want insinuated in your society and becoming a major feature of your economic system,” Gaffney said.

“Shariah (Islamic law as dictated by the Koran) governs all aspects of life, from the personal practice of the faith to how you relate to your family to how you relate to your business partners, to your community … all the way up to how the world is run, and it is all one seamless program. You can’t say ‘I’ll take the personal pietistic practice … and skip the beheading and the flogging and the stoning and the global theocracy,’” he said.

Punishments for some crimes under Shariah law include amputation and stoning to death. On Tuesday it was revealed that a 53-year-old Egyptian doctor had been sentenced under Shariah law in Saudi Arabia to 15 years in prison and 1,500 lashes for allegedly getting a Saudi princess in his care addicted to drugs.

But despite Islamic banking’s association with Shariah’s harsh practices, the U.S. government is taking an interest in it.

On Oct. 25, while on an official visit to Saudi Arabia, Deputy Secretary of the Treasury Robert M. Kimmitt told reporters that the U.S. was interested in learning more about Islamic finance, and the Treasury Department held an “Islamic Finance 101″ course in Washington on Nov. 6 to educate government officials on its ins and outs.

Readi it all via FOXNews.com – U.S. Interest in Shariah Finance Opens Dangerous Doors, Critics Say

Related: U.S. bailout funds sharia finance ‘biz at AIG

Stop Shariah Now – Video

Maybe Obama should tap this Democrat to join his finance team.

Read more at Stop Shariah Now.org or from our blogroll at any time.

Stop Shariah from Creeping

U.S. bailout funds sharia finance ‘biz at AIG

As an American taxpayer, you are now a part owner in a business that promotes the Islamic supremacist Sharia ideology – whether you like it or not. Your tax dollars today are now being used for own part of a company with a Sharia-based business. This is the same Sharia ideology that was used by the Taliban in Pakistan today to murder a woman for adultery, the same Sharia ideology that was used to murder a 13-year-old girl last week who was raped in Somalia, and the same Sharia ideology supported by the Taliban, al Qaeda, and Islamic supremacists around the world. It is an ideology that is against the inalienable human rights of equality and liberty. It is an ideology that even the British courts have called “discriminatory.”

But on November 10, 2008, the Federal Reserve announced that “it will purchase $40 billion of newly issued AIG preferred shares,” which, as AP reports, will give “taxpayers an ownership stake in the company.”

The Federal Reserve Board and the Treasury Department apparently believe that American taxpayers owning part of company with a business that promotes an Islamic supremacist ideology that is against equality, againstdiscrimination, is a good thing for the American taxpayer. liberty, and in support of

Do you want to own a Sharia-based financial business promoting Islamic supremacism?

Read it all via Jeffrey Imm’s column @ Family Security Matters

Mr. Imm’s follow – AIG Defies U.S. Taxpayers by Promoting Sharia in America

Bailed-out AIG offers Islamic insurance to U.S.

U.S. Treasury teaches ‘Islamic Finance 101′ aka sharia finance

…as in sharia law! By Chelsea Schilling © 2008 WorldNetDaily

The Treasury Department has announced it will teach “Islamic finance” to U.S. banking regulatory agencies, Congress and other parts of the executive branch today in Washington, D.C. – but critics say it is opening a door to American funding of Islamic extremism.

The Treasury Department has announced it will teach “Islamic finance” to U.S. banking regulatory agencies, Congress and other parts of the executive branch today in Washington, D.C. – but critics say it is opening a door to American funding of Islamic extremism.

According to its announcement, the “Islamic Finance 101″ forum is “designed to help inform the policy community about Islamic financial services, which are an increasingly important part of the global financial industry.”

The Treasury Department has collaborated with Harvard University’s Islamic Finance Project to coordinate the event. The department says it expects about 100 people will attend the seminar.

[note: Neel Kashkari is the guy Paulson put in charge of your $700B tax hike bailout]

Some speakers include Assistant Secretary of the Treasury Neel Kashkari, senior adviser to Treasury Secretary Henry Paulson, Jr.; Harvard Business School professor Samuel Hayes; Mahmoud El-Gamal, chair of Islamic economics, finance and management at Rice University and Islamic finance adviser to the Treasury Department; Sarah Bell of the Federal Reserve Bank of New York; Yusuf Talal DeLorenzo, Shariah adviser and Islamic scholar; Michael McMillan, chair of the Islamic Legal Forum at the American Bar Association and professor of Islamic finance; and Rushdi Siddiqui, global director for the Dow Jones Islamic Market Indexes and vigorous advocate for Islamic finance.

via U.S. Treasury teaches ‘Islamic Finance 101′ at WorldnetDaily

Credit cards and terrorism: How terrorists use cards

How terrorists use cards for everyday needs and to fund operations

By Jeremy Simon

If you’ve ever used your credit card to buy plane tickets, go grocery shopping or do some online gambling, your monthly statement may not be all that different from that of a terrorist. Credit cards and terrorism

Interviews with terrorism experts and readings of case studies from around the world reveal that the credit card has become a favored tool of terrorists. In the hands of a radical, credit cards enable terrorist funding through money laundering operations and identity theft schemes, while allowing the same everyday transactions that law-abiding citizens enjoy.

Plastic pays for terrorism
Like any business organization, terrorist groups have both one-time costs and recurring expenses. Staging a terrorist attack can be relatively cheap, but there are also the various day-to-day expenses of maintaining a terrorist cell, including food and travel costs. To cover their needs, terrorists require funding.

That’s where plastic comes in.

Full story via Creditcards.com – How terrorists use cards

More Title VI Dollars for our Enemies

From the Terror Finance blog, infiltration and jihad seem to be pandemic.

By Ilan Weinglass

Much has been written elsewhere about the misuse of Title VI funding. For those not in the know, Title VI of the Higher Education Act is a controversial program for funding studies of foreign cultures and languages, including the Middle East. A frequent charge against Title VI is that it provides U.S. taxpayer funds for anti-U.S. or anti-Israel propaganda. Jonathan Schanzer of the Jewish Policy Forum points out yet another extremely anti-Israel organization that receives Title VI funds:

The Bethesda, Maryland-based Palestinian American Research Center (PARC), a registered nonprofit, receives controversial Title VI funding from the U.S. State Department and Department of Education for “Palestinian studies.” Yet, the organization perpetuates the failures of Middle Eastern studies in America – namely, the admixture of polemics and academia.

…According to PARC’s tax returns, the organization has raised more than $550,000 since 2002. It received at least $47,000 in U.S. government funds in 2006.

…[O]ne article penned by a grant recipient named Lori Allen (now a lecturer at University of Cambridge in the U.K.) was a lengthy apologia for Palestinian suicide bombing. Despite some effort to maintain objectivity, Allen explained how Palestinians were expressing “resistance to occupation and sacrificing for that struggle,” and how, after the “outbreak of the intifada, Israel has stepped up attacks on civilians . . . stifling Palestinians’ hopes for a better future.” Continue reading

Jihad Financed on Wall Street

Did Fitna wake people up or has it simply emboldened people to start talking about the realities of Islam? From jihad to sharia finance to infiltration of US agencies, there’s been an increased awareness and discussion lately – unfortunately the feds continue to aid and abet the jihad.

Turn your clock back 70 years. Imagine that Wall Street banks and brokerages sold Nuremberg-compliant bonds and stock funds in 1938. American Nazi sympathizers bought financial instruments certified by Berlin-based advisers as free of “Jewish profits” from, say, Salomon Brothers and Bloomingdale’s.

In turn, a percentage of such funds’ gains underwrote pro-Nazi charities, like the German-American Bund, and similar organizations in the Fatherland, like the Hitler Youth.

Seventy years hence, an analogous outrage grows on Wall Street, only this time for real.

Sharia-compliant finance (SCF) is expanding among banks and securities houses eager to absorb the hundreds of billions of petrodollars cascading into the Middle East, thanks to $100-per-barrel oil. To lure this cash, financial companies increasingly offer vehicles that neither pay interest nor benefit from gambling, entertainment, alcohol, pork or anything considered “haram” or “un-kosher” in Islam. Bahrain’s International Islamic Financial Market (IIFM) counts $97 billion in Islamic bonds in circulation with another $66 billion forecast through 2008 – and SCF is not limited to the bond market. Continue reading

CNN: 60% of US Muslims Devout; US Islamophobia a Misperception

In an article entitled ‘U.S. banks “missing a trick” with Muslim customers‘, CNN (Crescent News Network), makes some amazing and contradictory claims. ‘Missing a trick’ may be a British term we’re not familiar with, but if not, what trick are U.S. banks missing? How to trick Muslims into believing that loan interest included in a premium is halal and complies with sharia law? Or simply how to submit to sharia law all together? The UK seems to have submitted already as the first half of the article points out.

More interestingly, is how the media, and Muslims, use statistics to suit their immediate needs.

…Islamic banking in the United States is suffering from an image problem. Many Americans are felt to be hostile to the concept after the 9/11 attacks, equating it with “terrorist finance.”

“There seems to be this misperception out there that the U.S. is perhaps Islamophobic,” said Abdi Shayesteh, an attorney at law firm King and Spalding

“The U.S. regulators have been supportive and they’ve accommodated Islamic banking and finance since the mid 80s,” Shayesteh told CNN.

CNN states Americans are “hostile” toward Islamic banking and equate it with “terror financing”. Hostile? Any evidence of hostility CNN? Or merely skeptical given all the civic Muslim organizations that have been convicted of financially supporting jihad? Yet, contrary to CNN, the Islamic banking expert states it is a “misperception” that the U.S. is perhaps Islamophobic. Someone please put CAIR in touch with Mr. Shayesteh so he can explain to them the United States is being misperceived as Islamophobic.

With a best-guess figure of six million Muslims in the United States of whom around 60 percent are devout (and therefore likely to use Islamic banking services), Shayesteh considers domestic Sharia-compliant banking an untapped market.

Shayesteh better call CAIR quickly – he short-changed CAIR’s estimate of Muslims in the U.S. by two million. More importantly, he or CNN claims that 60% of U.S. Muslims are devout! 60 percent is a majority and devout is not moderate.

So what exactly are we to believe? When CNN and others want to discredit violent Islamic ideology and expansion of Islam, the majority of Muslims are moderate and their numbers are much higher. Yet when discussing the potential growth of Islamic banking, the majority of U.S. Muslims are suddenly devout and present an opportunity.

“We have at least 3.6 million [potential customers] at the very base level market opportunity for banks from abroad and here to tap into,” he explained.

Funny money, fuzzy math, and missing tricks – sharia banking…coming to your bank soon!

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