There goes Sharia Finance (along with a collapsing US dollar)

by sheikyermami on November 27, 2009

Dubai Defaulting on Islamic Bonds? GE Goes Where Fools Dare to Tread

Saudi Columnist: Obama Will Be President of the ‘United Collapse of America’

Atlas Shrugs

They have been saying how wonderful this Islamic finance has been doing. More taqiya. I am glad. Anything to discourage financing the spread of Islam. Bloomberg markets are down big — but if that’s what it takes …………… (hat tip Anthony)

Dubai shook investor confidence across the Persian Gulf after its proposal to delay debt payments risked triggering the biggest sovereign default since Argentina in 2001. (more here)

Meanwhile, Obama’s pushing this garbage:Obama’s Jiyza: GE Capital Plans 1 Billion Dollar ISLAMIC (sukuk) BOND — Citigroup, Goldman Sachs lead arrangers.

Who in their right mind would invest in such a death cult?

Western investors watch nervously as worth of Islamic bonds is tested to limit Wall Street Journal Australia

More>>

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Too small? Click here This is a satirical website. None of what you read here has anything to do with Islam, because Islam is a Religion of Peace. Everybody knows that good Muslims never do the things they do, (because Allah does it for them, Quran 8:12) and we know that only our misperceptions, ignorance and stereotyping of Islam makes Muslims chop off heads, kill and rape women and children, bomb subways, buses, nightclubs and fly jets into buildings. If it wasn't for the media and da Jooozzz, we wouldn't even know its happening. We welcome open, honest, thoughtful, and vigorous discussion in the comments threads, so do yourself a favour and don't accuse us of being 'haters' because we are loving, tolerant people. Don't curse us, don't threaten us with death or hellfire, and don't accuse us of being "just like the terrorists" because we don't do to Muslims what they do to us or to themselves. Yes, we know that only idiots oppose Islam and sensible people submit, but  you should know that we are ignorant bigots, hypocrites and Islamophobes, and we prefer to remain that way... But since you are forcing yourselves (and your abhorrent belief-system on us) we will defend ourselves, because we must. Avoid tu quoque and ad hominem attacks. Don't bother with circular reasoning either, we been there, done it.  If you annoy us, you will be banned and your posts summarily deleted. Try to add to the discussion, don't try to sell snake oil, don't try to cover us with Islamic shrouds of kitman and taqiyya, don't bother with da'awa, (we've heard it before) don't spam us with long pieces of cut & paste, write in English, try to tell the truth, (we know that's hard for you because you are all pathological liars) but the truth will set you free, try it! One more thing: don't think you can post here under multiple monikers. You will quickly be disappeared! The same goes for trufers and conspiracy kooks: you get one chance, one time. Blow it out of your ass if you must; put your stupidity on display. But you won't be back, trust me on that. Take a deep breath before you post, try to make some sense, do not just vent, do not make a fool of yourself and if you prove us wrong you can earn 10 Islamic dollars for your piggy bank. Deal?

{ 13 comments… read them below or add one }

Dhumme Dhimmi November 27, 2009 at 11:00 pm

[Henny Penny]

I told you so! I told you so!

No money, no jihad, no Islam.

Dhumme Dhimmi November 28, 2009 at 3:31 am

The local connection [Aussie] is bigger that we think.

http://www.theage.com.au/business/dubai-debt-doubts-spook-markets-20091127-jx5x.html

But do not try to ask questions at meetings. You will get told some colorful language by him and his bro. to scare you.

“Sunland’s founder and executive director, Soheil Abedian, hit back at suggestions his group would be affected by the recent events in Dubai.

Speaking at the group’s annual meeting in Brisbane yesterday, he said Sunland Australia had no recourse from Dubai as it had no equity involved in the area, as its projects were all in joint ventures.

”I am really pissed off. I will repeat this in Persian, as no one is understanding my English,” he said. ”Sunland Australia has no recourse to what is happening in Dubai.

”We generate significant management fees, but we did not put in one cent into the Palazzo Versace – it is all equity-financed by our joint-venture partner.”

But in the year to June 30, Sunland wrote $209.3 million off its interest in three Dubai projects.

Sahba Abedian, Sunland’s managing director, was also emphatic in his speech, saying ”anyone that writes off Dubai is remiss. It is building the biggest airport in the world.”

As for Dubai World’s Australian ports assets, speculation is mounting that they will come up for sale with a potential price tag of more than $5 billion.’

This is what I worry about.
They have owned $5 billion of Australia’s ports.
For how long?
How strong have been their rules and regulations?
Have imports and exports been above board?

Dhumme Dhimmi November 28, 2009 at 6:22 am

[Henny Penny: the cautionary political tale]

Wiki says:-http://en.wikipedia.org/wiki/The_Sky_Is_Falling_(fable)
‘After this point, there are many endings. In the most famous one, Foxy Loxy eats the chicken’s friends, but the last one, usually Cocky Lockey, survives long enough to warn the chicken and she escapes. Other endings include Foxy eating them all; the characters being saved by a squirrel or an owl and getting to speak to the King; the characters being saved by the King’s hunting dogs; even one version in which the sky actually falls and kills Foxy Loxy.

Depending on the version, the moral changes. In the “happy ending” version, the moral is not to be a “Chicken”, but to have courage. In other versions the moral is usually interpreted to mean “do not believe everything you are told”. In the latter case, it could well be a cautionary political tale: The Chicken jumps to a conclusion and whips the populace into mass hysteria, which the unscrupulous fox uses to manipulate them for his own benefit, sometimes as supper.’

Yet more details about our Aussie Dubains.

http://www.heraldsun.com.au/business/lips-sealed-on-aussie-exposure-in-dubai-crisis/story-e6frfh4f-1225804753357

BusinessDaily understands the four banks collectively have more than $1 billion at risk with Dubai World and other state-owned entities, with Westpac exposed to the tune of more than $300 million.

cassandra November 28, 2009 at 7:50 pm

For one wonderful moment, I thought Soheil Abedian said ”I will piss off”.
If only Abedian and his mates would piss off back to the desert and leave Australia to enjoy its freedoms and modernity. We don’t need Islamic or Islamic finance.

Not now, not ever!

Lorenzo Bouchard November 29, 2009 at 6:31 am

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Enough is enough. We’re calling for the Impeachment of Barack Hussein Obama. And if you agree, you can join us right now.

Right here and right now, you can add your voice to ours… and add your name to the Articles of Impeachment against Barack Hussein Obama.

Why are we calling for the Impeachment of Barack Hussein Obama?

Radio-personality Tammy Bruce may have said it best:

——————————————————————————–

“… ultimately, it comes down to… the fact that he seems to have, it seems to me, some malevolence toward this country, which is unabated.”

——————————————————————————–

Oh… there are many reasons to call for the impeachment of Barack Hussein Obama and there is more than just cause to call for his impeachment.

But as Bruce said, Obama’s “unabated malevolence toward this country, which is unabated” makes it all the more imperative that we take action now… without delay.

How long must we wait… how long should we sit back and permit Barack Hussein Obama to rip apart the fabric of this country before we take action?

Are you terrified at Barack Obama’s campaign to change our country into a third-world nation?

Are you willing to sit back and watch Obama bulldoze our great nation?

Are you willing to let him construct a totalitarian regime… fascism, socialism, Obamaism… take your pick?

If any of the above scenarios concern you… join us.

At the very least, fire a shot across the bow… a shot that will be heard around the world… and send Barack Hussein Obama a clear and unmistakable message that he does not have carte blanche to ruin the United States of America.

As the late former President Ronald Reagan once said, “If not us, then who; if not now, then when.”

You can join us by using the sign-up button below to read and then add your name to the Articles of Impeachment we’ve drawn-up against Barack Hussein Obama.

If, after reading the Articles of Impeachment against Barack Hussein Obama, you agree that action must be taken now, all you have to do to join our growing network of patriotic Americans is add your name (which will remain on our secure form and be kept in the strictest confidence until the time is right) to the Articles of Impeachment against Barack Hussein Obama.

That’s all there is to it. Be among the first to join this growing nationwide movement and help us spread the word far-and-wide. Together, we can take back our country before it is too late.

Can we actually impeach Barack Hussein Obama? Should we impeach Barack Hussein Obama?

To borrow a phrase from the “anointed-one,” … “yes we can.”

But before going on, we really need to address the often misunderstood subject of what exactly constitutes an impeachable offense, in order to illustrate that Barack Obama’s actions are grave enough to warrant impeachment.

Former-President Gerald Ford, while serving in the House of Representatives, said an impeachable offense was, “whatever a majority of the House of Representatives considers it to be at a given moment in history.”

Article II, Section 4 of the Constitution reads: “The President, Vice President and all civil officers of the United States, shall be removed from office on impeachment for, and conviction of, treason, bribery, or other high crimes and misdemeanors.”

The key phrase here is “high crimes and misdemeanors,” a concept in English Common Law that was well-known to our Founding Fathers but is grossly misunderstood in this day and age.

“High crimes and misdemeanors” essentially means bad behavior.

Here’s a passage from C-Span.org which succinctly and beautifully summarizes the historical significance surrounding the inclusion of the term “high crimes and misdemeanors” in the Constitution:

“’High crimes and misdemeanors’ entered the text of the Constitution due to George Mason and James Madison. Mason had argued that the reasons given for impeachment – treason and bribery – were not enough. He worried that other “great and dangerous offenses” might not be covered… so Mason then proposed ‘high crimes and misdemeanors,’ a phrase well-known in English common law. In 18th century language, a ‘misdemeanor’ meant ‘mis-demeanor,’ or bad behavior.”

In other words, “high crimes and misdemeanors” does not refer to a criminal act (as some would lead you to believe) and our Founding Fathers fully intended to allow for the removal of the President for actions which were… well… simply put… egregious… grossly incompetent… grossly negligent… outright distasteful… or, in the case of Barack Hussein Obama, actions which clearly show “malevolence toward this country, which is unabated.”

And make no mistake, for those who mistakenly hold the illusion that impeaching Barack Hussein Obama would be a simple matter of “playing politics,” the Founders fully intended that the impeachment of a sitting President be a political act.

As C-Span.org notes:

“The Congress decides the definition [of impeachable offenses]: by majority vote in the House for impeachment, and by 2/3 vote in the Senate for conviction. The Framers of the Constitution deliberately put impeachment into the hands of the legislative branch rather than the judicial branch, thus transforming it from strictly a matter of legal definition to a matter of political judgment. Then Representative Gerald Ford put it into practical perspective in 1970, when he said an impeachable offense is ‘whatever a majority of the House of Representatives considers it to be at a given moment in history.’”

The Obama Administration exemplifies maladministration. It qualifies as the poster-child for bad behavior.

Obama and those around him are ravaging this great country and adding a sorry chapter to a noble history.

Impeachment, as written in the Constitution, was tailor-made for Barack Hussein Obama and our Founders placed it in our Constitution for such a time as this.

It could be easily argued that we have a duty to impeach Barack Hussein Obama.

Of course, our elected officials won’t have the back-bone to go it alone. That’s where you come in.

Help us spread the word far-and-wide and our elected officials will come to know that Impeachment is the will of the American people and they ignore the will of the people at their own political peril.

The question is not whether we should impeach Barack Hussein Obama. Rather, the question is, can we impeach Barack Hussein Obama before it is too late?

You can join us by using the sign-up button below to read and then add your name to the Articles of Impeachment we’ve drawn-up against Barack Hussein Obama.

If, after reading the Articles of Impeachment against Barack Hussein Obama, you agree that action must be taken now, all you have to do to join our growing network of patriotic Americans is add your name (which will remain on our secure form and be kept in the strictest confidence until the time is right) to the Articles of Impeachment against Barack Hussein Obama.

That’s all there is to it. Be among the first to join this growing nationwide movement and help us spread the word far-and-wide. Together, we can take back our country before it is too late.

A personal introduction is in order. My name is Floyd Brown.

Most people know me as the man behind the infamous Willie Horton Ad that sunk the presidential aspirations of Governor Michael Dukakis, or for the pivotal work in support of the confirmation of Justice Clarence Thomas.

I was also among the first to sound the alarm on the Clinton Whitewater scandal as well as the mysterious circumstances surrounding the apparent suicide of White House Counsel Vince Foster during the early Clinton years.

And when it comes to the subject of impeachment, I’ve been down this road and trod this ground before.

I was among the first, to rally for the impeachment of Bill Clinton back in the summer of 1994 when it was not a popular subject with the political elites (on both sides of the aisle) in Washington.

It was a massive, difficult and historical undertaking.

But the House of Representatives did eventually advance Articles of Impeachment against Bill Clinton and 45 and 50 United States Senators respectively voted to convict Bill Clinton on the two counts that were advanced in the Senate.

That’s nothing to sneeze at… nothing to be ashamed of… .

And when it comes to the subject of the impeachment of Barack Hussein Obama, I’ll say this much… Barack Hussein Obama is no Bill Clinton.

There’s an old expression; you’re known by the company you keep.

However, I also believe that there is no truer barometer of a person’s character and effectiveness in battle than those who stand in opposition to that person and things they say about that person.

And, to be quite blunt, liberals, for years now, have foamed at the mouth at the mention of my name.

During the presidential election, CNN called me; “An old right-wing attack dog has returned with a new target: Barack Obama.”

George Stephanopoulos once called me “a slimy thug for hire.”

Not a true statement by any stretch of the imagination, but coming from Stephanopoulos, I consider it a compliment. My mother always used to say, “consider the source.”

Of course, the purpose of telling you all of this is not to blow my horn but rather to let you know that when it comes to this movement to impeach Barack Hussein Obama… we’re deadly serious… we’re dedicated… we’re in it for the long haul… we’re willing to do what it takes to get the job done… and we have the battle-scars to prove it.

And yes, I believe that Barack Hussein Obama is one of the most dangerous men in the world today and when it comes to his plans for transforming the United States into his idea of a socialist utopia… you ain’t seen nothing yet.

Removing Barack Hussein Obama is an imperative for this country.

You can join us by using the sign-up button below to read and then add your name to the Articles of Impeachment we’ve drawn-up against Barack Hussein Obama.

If, after reading the Articles of Impeachment against Barack Hussein Obama, you agree that action must be taken now, all you have to do to join our growing network of patriotic Americans is add your name (which will remain on our secure form and be kept in the strictest confidence until the time is right) to the Articles of Impeachment against Barack Hussein Obama.

That’s all there is to it. Be among the first to join this growing nationwide movement and help us spread the word far-and-wide. Together, we can take back our country before it is too late.

Make no mistake. We’re now in the middle of a bloodless coup – the takeover of an entire nation by the hate-America crowd – a cold-blooded gang that despises American’s prosperity, our standing in the world, our trust in God and our generosity and goodness.

America is a monument to the triumph of freedom. When Barack Obama thinks about freedom, he sees a world in which some people, due to personal initiative and good fortune, will do better than others… live better than others.

And in that regard, he is right. But Barack Obama sees that as unfair. Where you see freedom, liberty and the opportunity for any American to be all that he or she can be, Obama sees greed and bigotry.

And, like so many on the far-left before him, going all the way back to Karl Marx, he believes that it’s his mission to promote “equality of outcome” over “equality of opportunity” even if Americans must learn to live in chains to make it happen (in fact, servitude to the iron will of government will be required).

That worldview makes Barack Hussein Obama a very dangerous man and one of the greatest threats to your personal liberty today.

That dangerous worldview also explains why he has already gobbled-up major banks and why the government now controls more and more of our money – yours and mine. And if you wake up one day to discover you’re broke, don’t be surprised. Barack Hussein Obama is Bernie Madoff with the political power of the presidency at his disposal.

That dangerous worldview explains the sudden and shocking erosion of your freedom to make a living, to run your own business, whether a Mom-and-Pop grocery store or General Motors.

That dangerous worldview explains why his Attorney General, Eric Holder, despises the 2nd Amendment… why, if he had his way, he would take away our guns, leaving us defenseless against gangs and hoods – and, more to the point, against Obama’s own shock-troops from ACORN or SEIU. Remember, it was the healthy and rational fear of government that led to the inclusion of the 2nd Amendment in the Constitution of the United States.

And that dangerous worldview explains why Obama intends to take away your freedom to choose your own doctor… your own treatment. Wherever government controls health care, bureaucrats decide who gets treatments… who gets transplants… who gets dialysis… who gets costly medication… and who needs to die for the common good.

What can we do to stop this monomaniac… this American dictator? There’s only one answer.

Article II, Section 4 of the Constitution reads: “The President, Vice President and all civil officers of the United States, shall be removed from office on impeachment for, and conviction of, treason, bribery, or other high crimes and misdemeanors.”

You can join us by using the sign-up button below to read and then add your name to the Articles of Impeachment we’ve drawn-up against Barack Hussein Obama.

If, after reading the Articles of Impeachment against Barack Hussein Obama, you agree that action must be taken now, all you have to do to join our growing network of patriotic Americans is add your name (which will remain on our secure form and be kept in the strictest confidence until the time is right) to the Articles of Impeachment against Barack Hussein Obama.

That’s all there is to it. Be among the first to join this growing nationwide movement and help us spread the word far-and-wide. Together, we can take back our country before it is too late.

Here are just a handful of the high crimes and misdemeanors committed by Barack Hussein Obama.

He lied to the American people when he said we could keep our private insurance, knowing full well that his legislation would inevitably drive private insurers out of business.

Gerald Walpin, Inspector General of the Corporation For National and Community Service investigated Kevin Johnson, a big buddy of the president, for misuse of funds from an AmeriCorps grant. Whereupon Obama vindictively fired Walpin to cover for Johnson. A subsequent investigation vindicated Walpin’s judgment in the matter.

Barack Hussein Obama has overseen the effective takeover by government of banks, the largest insurance company (AIG), and General Motors (GM) and Chrysler… the bulk of the U.S. auto industry, thus depriving bondholders, shareholders, and others of their property.

Barack Hussein Obama is actively pursuing cap-and-trade legislation. Instead of taxing the very air we breathe, it would instead, in a manner of speaking, tax the air we exhale and give the government unprecedented control over the economy and American businesses.

Barack Hussein Obama is running up our debt at an alarming rate. In just 9 months since Obama assumed office, our National Debt has gone up by over a trillion dollars. To put that figure in perspective, it took George W. Bush 8 years to add 4.8 trillion to the National Debt.

And, to add insult to injury, we’re printing money like it’s going out of style. The effect will be hyper-inflation, a crippling of our economy and, quite possibly, personal hardship on a scale that has not been experienced since the Great Depression.

Barack Hussein Obama has appointed countless “Czars” to oversee everything from the closing of Guantanamo to the food we eat. These Czars don’t have to be approved by the Senate. The Czars have unprecedented power and report only to Obama. Members of both parties are disturbed by these extra-Constitutional excrescences.

Senator Robert Byrd said: “The accumulation of power by White House staff can threaten the Constitutional system of checks and balances.” Congressman Jack Kingston called the Czars a “parallel government.”

And finally, Obama has consistently refused to approve the release of his actual birth certificate, college transcripts and his medical records.

And these matters only scratch the surface.

It’s almost as if Obama is intentionally trying to destroy the country.

You can join us by using the sign-up button below to read and then add your name to the Articles of Impeachment we’ve drawn-up against Barack Hussein Obama.

If, after reading the Articles of Impeachment against Barack Hussein Obama, you agree that action must be taken now, all you have to do to join our growing network of patriotic Americans is add your name (which will remain on our secure form and be kept in the strictest confidence until the time is right) to the Articles of Impeachment against Barack Hussein Obama.

That’s all there is to it. Be among the first to join this growing nationwide movement and help us spread the word far-and-wide. Together, we can take back our country before it is too late.

Barack Hussein Obama has said that America is not a Christian nation, on countless occasions, despite surveys that find a whopping majority say the contrary.

In his book, The Audacity of Hope, he wrote of Muslims and Arabic immigrants: “… I will stand with them should the political winds shift in an ugly direction.”

When he spoke at Georgetown University, a Catholic institution, the White House insisted that the name of Jesus, be covered. Georgetown complied.

In 2006, he said; “Whatever we once were, we are no longer a Christian nation.” He went to Egypt and said, “You might say that America is a Muslim nation.”

Why go to such lengths to deny the Christian heritage of the United States?

Surely Barack Hussein Obama knows that our personal liberties flow directly from our Christian heritage… that there is no surer way to destroy our republic than to deny that heritage.

President Thomas Jefferson: “God who gave us life gave us liberty. Can the liberties of a nation be secure when we have removed a conviction that these liberties are the gift of God?”

President Andrew Jackson called the Bible; “the Rock upon which our republic rests.”

President John Adams said; “We have no government armed with power capable of contending with human passions unbridled by morality and religion.”

Patrick Henry said, “It is when a people forget God, that tyrants forge their chains.”

George Washington, in his Farewell Address said; “Of all the dispositions and habits which lead to political prosperity, religion and morality are indispensable supports.”

Alexis de Tocqueville, in Democracy in America, wrote extensively on the relationship between the Christian religion and liberty in American: “America is great because she is good. If America ceases to be good, America will cease to be great.”

It’s enough to make one wonder… does Barack Hussein Obama realize that every stab he takes at the Christian heritage of this great nation is a blow to the very foundation of our nation… a blow to freedom our personal liberty?

Does he simply hate Christianity… does he hate the United States… or both?

You can join us by using the sign-up button below to read and then add your name to the Articles of Impeachment we’ve drawn-up against Barack Hussein Obama.

If, after reading the Articles of Impeachment against Barack Hussein Obama, you agree that action must be taken now, all you have to do to join our growing network of patriotic Americans is add your name (which will remain on our secure form and be kept in the strictest confidence until the time is right) to the Articles of Impeachment against Barack Hussein Obama.

That’s all there is to it. Be among the first to join this growing nationwide movement and help us spread the word far-and-wide. Together, we can take back our country before it is too late.

Barack Hussein Obama simply hasn’t denied the Christian heritage of this nation. He has used his presidency to bad-mouth America itself at every turn.

He said, “America has been arrogant.” thus giving our enemies and our allies every reason to believe that we are less resolved to defend ourselves and hence more vulnerable to attack.

Following his inauguration, he ordered Gitmo closed, within a year, despite the fact that it was (and is) the best possible facility for detaining terrorists.

His first presidential phone call was to Mahmoud Abbas, leader of the Fatah Party in the Palestine territory. According to press reports he told Abbas; “This is my first phone call to a foreign leader and I’m making it only hours after I took office.”

His first one–on-one TV interview was not with NBC or ABC, but with Al Arabiya, where he said: “My job to the Muslim world is to communicate that the Americans are not your enemy. We sometimes make mistakes. We have not been perfect.”

He immediately issued an Executive Order halting military commissions which resulted in charges being dropped against Abd al-Rahim al-Nashiri, the animal accused of planning numerous terrorist attacks against Americans, including the USS Cole bombing in which 17 U.S. sailors died.

While treating the Queen of England with casual familiarity, he obsequiously bowed from the waist to King Abdullah of Saudi Arabia, leader of a Muslim nation that won’t permit Christian worship within its borders… under penalty of death.

Are Obama’s denunciations of America, in words and deeds, simply faux-pas or do they show, as Tammy Bruce said, “malevolence toward this country, which is unabated.”

Does it really matter?

Barack Hussein Obama’s words and actions clearly rise well beyond the level of “bad behavior” and our Founding Fathers left us a remedy for presidents guilty of bad behavior.

The Obama presidency is the disease; Article II, Section 4 of the Constitution, is the cure.

You can join us by using the sign-up button below to read and then add your name to the Articles of Impeachment we’ve drawn-up against Barack Hussein Obama.

If, after reading the Articles of Impeachment against Barack Hussein Obama, you agree that action must be taken now, all you have to do to join our growing network of patriotic Americans is add your name (which will remain on our secure form and be kept in the strictest confidence until the time is right) to the Articles of Impeachment against Barack Hussein Obama.

That’s all there is to it. Be among the first to join this growing nationwide movement and help us spread the word far-and-wide. Together, we can take back our country before it is too late.

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Dhumme Dhimmi November 29, 2009 at 8:36 am

Thanks for leading the way for us in Australia, Lorenzo Bouchard November 29, 2009 at 6:31 am.

Everything you mention for Obama rings true with our PM Rudd.

It is a pity I cannot sign it as well.

Dhumme Dhimmi November 29, 2009 at 9:37 pm

[Henny Penny]

More doubts.
But didn’t we know more would come out since we are dealing with Islam.
They cannot even trust their own.

http://www.theage.com.au/business/byebye-to-dubai-20091129-jyxi.html

Dhumme Dhimmi November 29, 2009 at 9:37 pm
Dhumme Dhimmi November 29, 2009 at 9:39 pm
Dhumme Dhimmi November 29, 2009 at 9:40 pm
Dhumme Dhimmi November 30, 2009 at 5:48 am
Dhumme Dhimmi November 30, 2009 at 5:50 am
Dhumme Dhimmi November 30, 2009 at 5:56 am

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