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Expert Warns Obama To Avoid Islamic Finance
by Dave Eberhart
Frank Gaffney of the Center for Security Policy warns that the president-elect should avoid financing his great society with tainted Islamic-correct petro dollars, saying their strings might be attached inextricably to the nation's worst extremist enemies.
With Barack Obama's victory Tuesday sucking the oxygen from the air, few are focusing on Thursday, the day the U.S. Treasury Department will embrace the so-called "Shariah-Compliant Finance" or SCF.
If "Shariah" doesn't ring any bells other than sounding foreign and somewhat ominous, it is simply the "religio-political-legal code authoritative Islam seeks to impose worldwide under a global theocracy," Gaffney said.
The Treasury Department will host a "seminar for the policy community" entitled "Islamic Finance 101," and it's all about getting warm and fuzzy with SCF. Co-sponsoring the event is the Islamic Finance Project at Harvard Law School.
Harvard has benefitted mightily from the infusion of millions of dollars from a Wahhabi Saudi prince and his government, Gaffney said.
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