financial jihad

Jihad Al-Mal Suffers Setback

RAB INVESTORS HAVE LOST $ 2.5 trillion from the credit crunch, Kuwaiti Foreign Minister Sheikh Mohammad al-Sabah, whose country hosts an Arab economic summit next week, said yesterday. “The Arab world has lost $ 2.5 trillion in the past four months” as a result of the global financial crisis, Sheikh Mohammad told a press conference following a joint meeting of Arab foreign and finance ministers in Kuwait. This is most excellent news, and if the 25% hit my family took in its own modest financial portfolio went to sandbag the financial jihad (jihad al-mal) being leveled against the west, I...

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Detecting OPEC's Financial Jihad

APITALISM IS A SHREWD GAME played by many. And it is the opinion of several political watchdogs, including Walid Phares that OPEC has manufactured this attack on the global markets. This idea was also floated on Bill O'Reilly's broadcast tonight with Ben Stein and Fox Business analyst Liz Macdonald, although earlier in the broadcast O'Reilly was adamant with Newt Gingrich that Barney Frank, Chris Dodd, Henry Paulson and others should be investigated and held accountable for their role in the meltdown of the mortgage market. Was this financial crisis actually planned by the likes of George Soros, which then got...