By Jamie Glazov
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Yes. The involvement of Western financial institutions in SCF is both essential for the progress it has made to date and a major reason why it has become a major threat to our capital markets and the nation’s security. It is essential, because shariah finance has not done well among the Muslims.
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Unfortunately for Wall Street, SCF is a house of cards no sturdier than the sub-prime mortgage fantasy world and it will come to the same end, once it becomes clear to the investing public to what extent these Western institutions have exposed themselves to huge liabilities ranging from willful non-disclosure and fraudulent misrepresentation to material support for terrorism. My colleague and veteran litigator David Yerushalmi has written a devastating legal brief exposing the huge liabilities facing these willing water-carriers of the Islamists that will shock the investing public when published.
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It appears that Westerners have learned nothing in all these years and that Lenin may yet be proven correct:
"The Capitalists will sell us the rope with which we will hang them."
by Vladimir Ilyich Lenin
Except for islam, the quote should be changed to say the following:
"The Capitalists Infidel Pigs will sell us the scimitars with which we will cutt off their infidel heads."
by regular run of the mill jihadist
Pertinent Links:
1) Sharia Finance
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