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Author Topic: AIG, The Fed, Geithner, Trusts, and Sharia Law  (Read 936 times)
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WhiskeyGirl
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« on: March 02, 2010, 04:25:16 AM »

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The Criminal Artifice

So what did Geithner do? He took equity, but he used a fictitious "Trust" to accomplish that which he could not do legally. The AIG Credit Facility Trust has three so-called independent, non-governmental trustees owning the 77.9% of the legal interests of AIG, and the Trust agreement assigns the U.S. Treasury the beneficial interests in the 77.9%. The highly-touted "independence" of the trustees is quite obviously critical to save the Trust from the claim that it is merely a ruse for FED ownership and control.

But there is only one problem with this Trust structure: It is invalid and illegal for two important reasons, not the least of which is that its independence is nonexistent.

Specifically, the Trust Agreement includes a hardly-noticed section 1.03, which gives the FED absolute authority over the Trust's existence and its terms, effectively granting the FED control over the actions of the trustees. By any legal definition, this is not a valid independent trust. This means, at the very least, that the FED is the real owner of the legal interests in 77.9% of AIG's equity, and this is, as Geithner himself testified before the Senate Banking Committee in April 2008, not legal.

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The brute fact that now standing exposed before us is the use of an invalid Trust structure to conceal the unlawful ownership and control over 77.9% of AIG's equity and voting rights by the FED. If Geithner knew he was breaking the law, then this just happens to be the definition of criminal money-laundering under Title 18, Section 1956. Secretary Geithner has some explaining to do to AIG's public shareholders. We suggest that he seek legal advice first -- but this time, from lawyers who actually know what they are doing.

http://www.americanthinker.com/2010/03/secretary_geithners_got_some.html

Why should taxpayers fund the debt of an AIG 'owned' by a private bank?

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WhiskeyGirl
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« Reply #1 on: March 02, 2010, 04:27:57 AM »

From the comments of the article -

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Posted by: Scott Strzelczyk   
Mar 01, 07:07 AM
If Geithner committed a crime he deserves this. The AIG Islamic Sharia law aspect is intriguing. Would like the author to expound on that the AIG connection to Sharia Law.

There's an interesting dynamic at play. Notice how all the risk is being "socialized" and spread out across the proverbial middle class. Profits remain private, risk is nationalized. The top and the bottom in this country are supported by socialism. That leaves the middle class left with all the burden (risk, debt, taxes, etc.). Elections have consequences and when you vote for people that expand government power beyond that enumerated in the Constitution this is what you get. That comment is directed not only at socialists like Obama, but Republicans as well. Bush expanded government and never should have. The Republicans went right along with it from 2000-2006.

What we need are people that are committed to the original meaning and intent of the Constitution. The road to recovery will run right through the Constitution, otherwise the great American experiment is coming to and end.

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Posted by: US&THEM     
Mar 01, 11:03 AM
I was curious as to the definition of "takaful" in the article and found means:

"A type of Islamic insurance, where members contribute money into a pooling system in order to guarantee each other against loss or damage. Takaful-branded insurance is based on Sharia, Islamic religious law, and explains how it is the responsibility of individuals to cooperate and protect each other."

This word "pooling" rang a bell in relation to the president's words during his opening remarks at the 2010 Healthcare Summit. It was used repeatedly by others as well throughout the several hour-long meeting. The transcript (found online) reveals the first mention of it by Obama, as follows:

“The basic concept is that we would set up an exchange, meaning a place where individuals and small businesses could go and get choice and competition for private health care plans, the same way that members of Congress get choice and competition for their health care plans. For people who couldn't afford it, we would provide them some subsidies. But because people would have some "pooling" power, the costs overall would be lower because they'd be in a stronger position to negotiate.”

This is indeed interesting and scary at the same time because my instinct tells me that healthcare legislation if successfully passed would be not only the largest power grab as we have known on two levels, 1) 1/6th of the economy, and, 2) decision-making power over life and death of Americans, but potentially, it would also be structured on Shariah Law as is the case alleged by Mr. Yerushalmi with regard to AIG.

Just think of the possibilities if this is Obama’s (and others) ultimate goal with respect to the proposed healthcare reform scenario. As this article states, “legal doctrine known as Shariah -- which is the Islamic legal doctrine and program that calls for a global hegemony referred to as the Caliphate, the murder of apostates, and jihad against infidels.” We, all, who are not Muslim, are considered “infidels.”

Is Obamacare promoting Islam?

Should government force Americans to pay the global healthcare bill?

Is Islam the religion of choice for Socialists and Communists?
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All my posts are just my humble opinions.  Please take with a grain of salt.  Smile

It doesn't do any good to hate anyone,
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WhiskeyGirl
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« Reply #2 on: March 02, 2010, 04:40:22 AM »

"Exclusive: Are We Financing Our Own Demise?"

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Would AIG, Citigroup, Dow Jones, HSBC, UBS, Visa and Mastercard have become involved with something called Apartheid Finance? Or Nazi Finance?  Of course not.  So why are they involved with Sharia Finance? Have these firms stopped reading the newspapers? Don’t they know that Sharia-driven Iran is building nuclear weapons and funding the Sharia-driven Taliban who is killing our own young men and women soldiers? Or that our President is putting economic sanctions on Sharia-driven Iran?

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Four of the most sought-after “Sharia authorities” in the industry, listed below, reads like a Who’s Who of Terrorists. They all sit on the board of the AAOIFI (Accounting and Auditing Organization for Islamic Financial
Institutions) or the board of IFSB (Islamic Finance Standards Board). And guess who sits on these boards? IFSB members include the central banks of Iran, Sudan, and Syria (all designated state sponsors of terrorism) and the Palestinian Monetary Authority (PMA), which is widely documented since its inception to be a funder of terrorism.
 
Sheik Yusuf Al-Qaradawiis on the Board of AAOIFI, the Bank Al-Taqwa (shut down in 2001 by the U.S. Treasury for terror funding) and many other Middle East banks. Qaradawi, has been banned from entering the United States of America since 1999 and the United Kingdom since 2008 because of his ties to terrorism.  He created a 57-member network of charities called the “Union of Good,” which is designated as a sponsor of terrorism by the U.S. Government. In July 2003 in Stockholm, at a conference arranged by the Muslim Association of Sweden, he expressed his support for suicide attacks against Israeli civilians which he called a "necessary Jihad." Perhaps this is why he described Sharia charity dollars as "Jihad with Money" in an interview with the BBC in 2006. During an address to the Journalists Syndicate in Cairo (Associated Press, September 2, 2004) he stated, "Fighting American civilians in Iraq is a duty for all Muslims… Americans in Iraq are all fighters and invaders. There is no difference between a civilian and a military American in Iraq”. Lastly, just to show how ‘charitable’ he really is on July 7, 2004, in an interview with BBC TWO's Newsnight he said, "Allah Almighty is just; through his infinite wisdom he has given the weak a weapon the strong do not have and that is their ability to turn their bodies into bombs as Palestinians do."
 
Mufti Muhammad Taqi Usmaniis the Chairman of AAOIFI and is, or has been a paid Sharia Sheik on the Board of HSBC, Dow Jones, Citigroup and Guidance Financial. He is the Founder and Director of Jamia Uloom madrassa, the second largest madrassa in Pakistan, which "boasts close ties to the Taliban" according to International Crisis Human Rights Group. He was the Deobandi Cleric to the Taliban in 2001. According to a comment piece in The Times (UK), September 8, 2007 Usmani "believes that aggressive military jihad should be waged by Muslims 'to establish the supremacy of Islam' worldwide."
 
Imran Ashraf Usmaniis on the Boards of AAOIFI; AIG, HSBC, Citigroup, Lloyds TSB Bank (UK) and Credit Suisse Bank. Imran is the son of Sheik Taqi Usmani, schooled in the same Jihadist Pakistan madrassa. Banks are replacing Taqi Usmani with his son, Imran, as his father’s Jihadist background is being publicized.
 
Sheikh Yusef Talal DeLorenzois on the boards of AAOIFI; IFSB, Barclays Capital, Dow Jones, Guidance International, Sharia Capital and Blackrock. He is an American convert to Islam who dropped out of Cornell and was educated at the same Jihadist Darul Uloom madrassa as the Usmani father and son team. He was also an advisor to Pakistan President Zia al-Haq 1981–1984 during the creation of the Taliban. He is the past Director of Education for the Islamic Saudi Academy, which has been condemned for its hate curricula by the Congress-appointed U.S. Commission on Religious Freedom. DeLorenzo was the secretary of the Fiqh Council of North America (FCNA) which The Investigative Project has linked to Islamist extremism and terrorism. It was Sheikh DeLorenzo who said using the word "ethical" was a better description than "Sharia" for Western bankers to understand.

more here - http://www.familysecuritymatters.org/publications/id.5632/pub_detail.asp

Who is Washington or the White House works for Americans?
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All my posts are just my humble opinions.  Please take with a grain of salt.  Smile

It doesn't do any good to hate anyone,
they'll end up in your family anyway...
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