U.S. Taxpayers Funding Terrorism

Monday, March 16, 2009
I didn’t know I was funding terrorism
I bet you didn’t know you are too!

By Allan Erickson
3.10.09

Al-Waleed bin Talal * , net worth $20B, the man who helped Barack Obama get into Harvard Law School, it is alleged. He is the second largest shareholder in Citigroup, right behind the U.S. Government.

Forbes: “Last year (2006) he and a partner also closed a $3.9 billion deal to buy Fairmont Hotel & Resorts and more recently he announced that, with Bill Gates, he would take Four Seasons Hotels private for $3.8 billion, including debt.”
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Imagine my surprise learning today I’m funding terrorism. And guess what, if you are an American taxpayer, you are funding terrorism too.

“Surprise” is a soft word, eh? “Horrified” is more appropriate.

Is this true? How can this be? Please let me explain.

Not too long ago we were forced to refinance thanks to a business ‘partner’ who stole a significant sum, destroying a business venture, leaving us without income for six months while we started over. Part of that refinance package included a Citi second mortgage a high rate of interest, with a balloon.

We have dutifully made our mortgage payments.

When we had a new baby girl a while ago, before the meltdown and bailouts, we decided we needed more life insurance, so we purchased a policy from AIG, and paid up front.

Now I learn from Frank Gaffney and Daniel Greenfield and others our mortgage payments and insurance premium are being managed by Islamic scholars to fund terrorism and finance the destruction of western civilization. No BS.

Since the U.S. government now owns controlling interest in both Citigroup and AIG, guess what? Your tax dollars are going to Muslims who do not have your best interests at heart.

“The U.S. taxpayer now owns most of AIG and Citigroup, two companies massively engaged in Shariah-compliant transactions, at odds with our constitutional separation of church and state,” writes Gaffney in a column published yesterday.

Source: http://townhall.com/columnists/FrankJGaffneyJr/2009/03/09/farewell_to_britain

What is Shariah-complaint finance?

Greenfield: “Islamic Banking uses a Sharia board to vet permissible investments. That Sharia board is much the same for Citigroup and AIG. It consists of Saudi or Saudi affiliated ‘religious scholars’ who have to give their okay on financial products that can be sold by a bank. This has obvious political implications.”

[Imagine the potential for boycotts, a favorite Muslim tactic, Greenfield rightly points out.]

Gaffney: “ . . . promoters of this industry, like ‘Shariah advisor’ and al-Jazeera host Sheikh Yusuf al-Qaradawi, have described SCF as ‘financial jihad’ and al Qaeda has publicly embraced its practice. . . (and British Prime Minister) Brown has declared he wants Britain to be the world capital of Shariah finance. The British government has refused to take punitive action against British-based Islamic “charities” that provide money to terrorist organizations. The latest is Interpal, a Palestinian organization that even the BBC was able to figure out provides support to Hamas."

Greenfield: " . . . the terrorist connections aren’t hard to find either. Citi Islamic Investment Bank is overseen by ‘eminent’ Sharia scholars. For example Nazih Hammad, President of Citi Islamic Investment Bank’s Sharia board. Nazih Hammad is a board member of the North American Fiqh Council. The North American Fiqh Council is another one of the Saudi front groups operating in America, one of whose trustees was Alamoudi, an Al Qaeda fundraiser. The North American Fiqh Council’s former President, Taha Jaber Al-Alawani, was an unindicted co-conspirator in the case of Islamic Jihad leader, Sami Al Arian. And there was board member Sheikh Muhammad al-Hanooti, who had extensive Hamas ties.’
Greenfield has more detail:

http://canadafreepress.com/index.php/article/9073

Note some highlights:

The second largest shareholder in Citi behind the U.S. Government is Saudi Prince Alaweed Bin Talal. (This is the same Saudi prince who blamed America for 9/11 and intervened to help Obama get into Harvard Law School.)*

Citigroup pioneered the big bank embrace of Sharia finance back in the 90’s

Citigroup’s Islamic Banking operation represents the world’s leading of Islamic loans and Sukuk bonds

Currently American taxpayers are in hock for 45 billion dollars to bailout Citigroup, while the Treasury, the FDIC and the Federal Reserve cover 90 percent of Citi’s 335 billion dollar losses

The American taxpayer is maintaining the number one Sharia finance bank in the world and that means the US government now officially owns a third of the largest Sharia finance arranger in the world, together with the Saudi royal family: Wahhabism’s quest for global Islamic domination and the US government come together.

AIG is also big into Sharia finance, even fielding Sharia finance offerings domestically.

The Obama connection: Citigroup provided half a million dollars to ACORN, essentially money directed for the Obama campaign’s ‘Get Out the Vote’ fraud program. Citigroup partnered with Acorn Housing Works to provide a specialized mortgage program for ACORN, the exact sort of program that caused the economic disaster in the first place.

ALL COINCIDENCE? ALL HAPPENSTANCE? Or orchestrated to destroy our country, using our own money, and our own leaders? The Mother of all Conspiracy Theories, or haphazard dotted lines?

Greenfield is certain:

“The US government hasn’t just bailed out Wall Street fat cats, but the centers of Islamic finance, rescuing the sizable investments of Saudi Arabia and the Abu Dhabi Investment Authority. And American taxpayers are now in the position of funding the world’s largest Sharia arranger, as well as the importation of Sharia finance to the United States through AIG. Lenin used to talk about the capitalists selling him the rope with which he would hang them. He had no clue that we would actually be buying the noose of Sharia Finance with which we’re being hung, and paying through the nose for the privilege.”

So, is my money going to prop up Saudi princes and, through channels, to kill Americans in Iraq and Afghanistan and elsewhere?

Not any more it isn’t.