The FBI has nabbed a small coterie of perpetrators who have been making money the old fashioned way – they steal it. Apparently, they stole quite a lot – about $200 Million by creating false identities, creating fake credit scores and have socked it to the credit card-issuing banks. While this number pales in comparison to the amount that our Federal Reserve adds to our national credit card, nevertheless, it is not an insignificant sum by almost anyone’s standards.
Given the way that we bend over backward to accommodate our Muslim citizens – that is if Babar Qureshi and Muhammad Shafiq are both Muslims and citizens – I’m merely inferring their religion from their names – I must confess that I’m a little surprised that they were arrested in their resident New Jersey. The unlikelihood of their engaging in such an activity flies directly in the face of their faith.
As you know, credit card issuers stipulate an interest rate on unpaid balances. That rate of interest is carefully detailed in the little enclosures that come with your credit card and for which you need an electron microscope to be able to read all the terms and conditions. What you may not know is that it is forbidden in Islam to engage in a transaction at a specific, fixed rate of interest.
Of course, it is another tenet of Islam that is is perfectly acceptable to lie, steal from, cheat or otherwise engage in any activity against the infidel – including murder – if it supports the advancement of the cause of Islam. So, since apparently these thieves had no intention of actually paying for anything that they purchased or the cash advances they received, I suppose the second tenet overrides that vexatious fixed interest rate thing.
I am sure there will be those of the OWS mindless-set who applaud anything that hurts the profits of big banking – while at the same time they are writing an elegy to the impoverished, oppressed and misunderstood of our Muslim neighbors. Well, buckaroos and members of the Peanut Gallery, the people who ultimately feel the impact of this type of rip off are not the banks but their credit card customers.
It’s simple economics. Those banks which suffered the injury will pass along the costs to their cad holders through higher interest charges and other penalties. They will also write off the loss immediately, resulting in lower corporate taxes collected by the Treasury – at a time where we have President Obama and the Dems complaining that we need more revenues.
The events of 9/11/01 were devastating. But with economic jihad we’re not talking about taking the lives of a few thousand people. Economic jihadists are directly affecting the life-styles of millions of Americans In a left-handed complimentary way, let me say that this is far more effective than crashing airplanes into buildings. But, of course, it is far less sensational and for that reason will probably not get the attention it deserves as a part of the master plan of jihad.
That plan is simply this. By whatever means necessary, to supplant Western civilization with its own world view; to bring the entire world under the yoke of the political philosophy of Islam; to establish Sharia law in all lands; to take no prisoners.
Those in Europe are learning, perhaps too late, that the Muslim infestation is reaching the same critical mass that in the United States we have reached with our permanent underclass. It’s more than overdue that our politicians on this side of the pond stopped being accommodative and started being proactive while there is still time. The sand in the hour glass is running very low.