Homeland Insecurity Part II: Financial Inevitabilities
By Sean Osborne, Associate Director
20 December 2008: On the same day as my report below another similarly themed report was published by Eamon Javers at Politico.com with the headline Four really, really bad scenarios. This report highlights the apparently top-notch financial fieldwork of Mr. James G. Rickards. Top notch in that Rickards briefs the Director of National Intelligence via the Committee on Foreign Investment in the United States (CFIUS) and does lectures sponsored by the United States Navy and the Office of the Secretary of Defense for Policy, among others. Of interest to readers of this website, and unmentioned in the Politico.com article, is this tidbit from Rickards on-line biography at the Johns Hopkins University Applied Physics Laboratory:
Mr. Rickards … is a member of the Advisory Board of Shariah Capital, a firm specializing in Islamic finance. Mr. Rickards is also a member of the International Business Practices Advisory Panel to the CFIUS Support Group of the Director of National Intelligence.
Shariah Capital is shari’a finance. It is Islam. It is as Alex Alexiev wrote in his National Review article back in April of this year, “Jihad Comes to Wall Street."
Getting back to the Politico.Com article, in a single sentence section sub-headlined as “The Bait Effect,” Eamon Javers reported the following as one of four scenarios that contributes to James Rickards acute case of insomnia. “Terrorists and al Qaeda in particular, are fascinated with the idea of destroying the U.S. economy. Rickards worries that the economic meltdown in the United States could serve as bait of sorts for a terrorist attack, as plotters calculate that a strike now could have a “force multiplier” effect because of the already skittish U.S. stock market.”
Another of Rickard’s nightmares provides us with a hint of what two thousand of years was prophetically declared in Revelation 13 would become a global financial system. This nightmare is presented as a “what if” scenario. “But what if some kind of global coalition – say a trillion-dollar sovereign wealth fund allied with several countries around the world – banded together to create a gold-backed alternative to the dollar?”
Reality check. It’s not a “what if.” It’s a “when.”
The Full Politico article here.
4 comments:
Midnight Rider,
I thought about fully developing the Shariah Capital aspect. I considered this quite diligently. Then I found the rat hole and blatant Western dhimmitude and complicity that it went down.
So I opted for the next best thing. I identified Shariah Capital for what it is in just three words - "It is Islam." Period. The same is true for Al Qaeda. Or Hezbollah. Or the al-Ikhwan al-Muslimuun (Muslim Brotherhood). They are ALL Islam. Same ideology. Same agenda of jiahd with respect to anything that is non-Islamic. Economic islamic jihad is no different than islamic ideological jihad is no different than the physical jihad on battlefields around the world.
That three word sentence is something that not even the Pentagon has done in the war on terror - name the enemy - much less declare a war against a tactic. Like I said, it's a rat hole. And as we all recall, Maj. (USAR) Stephen Coughlin went down that same rat hole with his "To Our great Detriment" thesis. We all saw what happened to him.
Lessons learned.
And aside of all that, Alex Alexiev's article get the job done and completes the development that needed completing.
Great blog you have here. Keep up the great work.
Sean -- thank you for the compliment but Pastorius is the real genius that pulled and holds this alliance together. If I remember corectly he was thinking of shutting it down a year or 2 ago. I'm glad he didn't it just keeps growing. Screaming at the deaf & blind sheep.
NEIN is a site I stop by several times a day. First started when Doug was on with Kathleen Keating at Enigma Radio. A number of folks here have linked to NEIN, a great site spreading the word and damn the consequences. Wish I could still download both those past and his current show to my Ipod.
It is Islam. Perfect.
Stay safe. Stay vigilant.
I like that phrase, Sean. It is succinct and memorable. Like good advertising.
As you say, it names the enemy. We can name the enemy, but if we don't do it in a simple, succinct, and catchy manner, it is not going to reach the general public. So, what you are doing there is great.
And thanks for the kind words, MR.
Honor is due, Pastorius.
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