This week will be all about the new
order in Washington. Whether Tuesday’s balloting results in an administration
populated by a President Obama or a President McCain, one thing is already
clear: The U.S. Treasury Department is submitting to Shariah – the
seditious religio-political-legal code authoritative Islam seeks to impose
worldwide under a global theocracy.
As reported in this space last week, Deputy Secretary of the Treasury Robert
Kimmitt set the stage with his recent visit to Saudi Arabia and other oil-rich
Persian Gulf states. His stated purpose was to promote the recycling of
petrodollars in the form of foreign investment here.
Evidently, the price demanded by his hosts is that the U.S. government get with
the Islamist financial program. While in Riyadh, Kimmitt announced: “The
U.S. government is currently studying the salient features of Islamic banking
to ascertain how far it could be useful in fighting the ongoing world economic
“Islamic banking” is a euphemism for a practice better known as
“Shariah-Compliant Finance (SFC).” And it turns out that this week the
Treasury will be taking officials from various federal agencies literally to
school on SFC.
The department is hosting a half-day course entitled “Islamic Finance 101” on
Thursday at its headquarters building. Treasury’s self-described “seminar
for the policy community” is co-sponsored with the leading academic promoters
of Shariah and SCF in the United States: Harvard University Law School’s
Project on Islamic Finance. At the very least, the U.S. government evidently
hopes to emulate Harvard’s success in securing immense amounts of Wahhabi money
in exchange for conforming to the Islamists’ agenda. Like Harvard,
Treasury seems utterly disinterested in what Shariah actually is, and portends.
Unfortunately, such submission – the literal meaning of “Islam” – is not likely
to remain confined long to the Treasury or its sister agencies. Thanks to
the extraordinary authority conferred on Treasury since September backed by the
$700 billion Troubled Asset Relief Program (TARP), the department is now in a
position to impose its embrace of Shariah on the U.S. financial sector. The
nationalization of Fannie Mae and Freddie Mac, Treasury’s purchase of – at last
count – 17 banks and the ability to provide, or withhold, funds from its new
slush-fund can translate into unprecedented coercive power.
Concerns in this regard are only heightened by the prominent role Assistant
Treasury Secretary Neel Kashkari will be playing in “Islamic Finance 101.”
Kashkari, the official charged with administering the TARP fund, will provide
welcoming remarks to participants. Presumably, in the process, he will
convey the enthusiasm about Shariah-Compliant Finance that appears to be the
current party line at Treasury.
As this enthusiasm for SCF ramps up in Washington officialdom, it is worth
recalling a lesson from “across the pond.” Earlier this year, the head of
the Church of England, Archbishop of Canterbury Rowan Williams provoked a brief
but intense firestorm of controversy with his declaration that it was “unavoidable”
that Shariah would be practiced in Britain. Largely unremarked was the
reason he gave for such an ominous forecast: The U.K. had already
accommodated itself to Shariah-Compliant Finance.
This statement provides an important insight for the incumbent U.S.
administration and whomever succeeds it: Shariah-Compliant Finance serves as a
leading edge of the spear for those seeking to insinuate Shariah into Western
Regrettably, SCF is not the only instrument of the stealth jihad by which
Shariah-promoting Islamists are seeking to achieve “parallel societies” here
and elsewhere in the West. The British experience is instructive on this
score, too. Her Majesty’s Government has allowed the establishment
of at least five Shariah courts to hear (initially) family law cases.
Polygamists in the U.K. can get welfare for each of their wives (as long as all
the marriages beyond the first were performed overseas). And in the
latest British act of obeisance to the demands of Shariah-sensitized multiculturalism,
Oxford will dispense with Christmastime in favor of a “Winter Lights”
Thus far, we in this country may not have reached the point where evidence of
this sort of creeping Shariah is so manifest. But Treasury’s
accommodation to SCF demonstrates that we are on the same trajectory – the
one ordained and demanded by the promoters of Shariah, one to which we serially
accommodate ourselves at our extreme peril.
After all, the object of Shariah is the supplanting of our government and
Constitution, through violent means if possible and, until then, through
stealthy ones. Islamists, having secured footholds via their parallel
societies, inevitably use those to extend their influence over Muslims who have
no more interest in living under authoritative Islam’s Shariah than the rest of
us do. Inexorably, it becomes the turn of non-Muslims to accommodate themselves
to ever more intrusive demands from the Islamists. It is known as
submission, or dhimmitude.
Soon – possibly as early as this
Wednesday – the Treasury Department and the other federal agencies will be
taking orders from representatives of Barack Obama or John McCain. It may
be that the outgoing administration’s determination to advance the Islamist
agenda via “Islamic Finance 101,” and what flows from it, may be the first,
far-reaching policy decision inherited by the new President-elect. If he
does not want to have his transition saddled with an implicit endorsement of
submission to Shariah, the winner of the White House sweepstakes would be
well-advised to pull the plug on Thursday’s indoctrination program and the
insidious industry it is meant to foist on the “policy community,” our capital
markets and our country.