UPDATES FOR NOVEMBER 6 10:00 a.m. Press Conference on US Treasury Shariah Seminar:

Coalition to Stop Shariah
[The November 6, 10:00 a.m. Press Conference statements will be posted in the afternoon.] ACT for America - Brigitte Gabriel, President (statement)
American Center for Democracy - Rachel Ehrenfeld, President (statement)
American Islamic Forum for Democracy - Dr. Zuhdi Jasser, President
Center for Security Policy - Frank J. Gaffney, Jr., President (statement)
Christian Solidarity International - Father Keith Rodderick, Washington Representative
Committee on the Present Danger - Chet Nagle
Concerned Women for America - Wendy Wright, President (statement)
Endowment for Middle East Truth - Sarah Stern, President
English First - Jim Boulet, Jr. Executive Director (statement)
Family Security Matters - Carol Taber, founder (statement)
Florida Security Council - Tom Trento, President
Geostrategic Analysis - Peter Huessy
High Frontier - Hank Cooper, Chairman (statement)
Institute for the Study of Islam and Christianity - Patrick Sookhdeo, Director and Marshall Sana, Director of Communications (statement)
Institute on Religion & Democracy, Religious Liberty Program - Faith J. H. McDonnell, Director (statement)
Jewish Action Alliance
Jihadwatch.org, a project of the David Horowitz Freedom Center - Robert Spencer, renowned author and expert on Shariah law, Director (statement)
Let Freedom Ring - Colin Hanna, President (statement)
Society of Americans for National Existence - David Yerushalmi, President
Tradition, Property and Family - C. Preston Noelle III
Traditional Values Coalition - Andrea Lafferty, Executive Director (statement)
United American Committee
Unity Coalition for Israel - Esther Levens, President (statement)
Women United - Beth Gilinsky, President
Zionist Organization of America - Morton Klein, National President (statement)

STATEMENT BY THE COALITION TO STOP SHARIAH REGARDING U.S. TREASURY’S EFFORTS TO PROMOTE SEDITIOUS ‘ISLAMIC FINANCE’

We are Americans opposed to the “stealth jihad” being waged in this country by those who promote Shariah - authoritative Islam’s theo-political-religious program for establishing a global theocracy.  As such, Shariah and its espousal of violent and stealthy jihad constitute sedition. We are determined to resist efforts now underway to create “parallel” Muslim societies and otherwise to insinuate Shariah into this country via its mosques, prisons, campuses, media, government and financial institutions.

Of particular concern is the progress being made to establish Shariah-Compliant Finance (SCF) within Western, and most recently, U.S. banks and other institutions that trade securities.  Islamic finance’s leading Shariah authorities have made plain that they consider SCF to be “jihad with money,” “financial jihad” and a means of promoting their objective of destroying the West’s economic system and replacing it with an Islamic one.

Incredibly, in recent days, the U.S. Treasury Department has begun embracing Shariah-Compliant Finance.  Deputy Secretary of the Treasury Robert Kimmitt has professed an interest in “studying the salient features of Islamic banking to ascertain how far it could be useful in fighting the ongoing world economic crisis.”  According to a press report out of Saudi Arabia, he has declared that “experts in the Treasury Department are currently learning the important features of Islamic banking.”

To this end, the Treasury Department is hosting in its headquarters building on Thursday, November 6th a “seminar for the policy community” entitled “Islamic Finance 101.”  This event is being co-sponsored - and, it would appear, orchestrated - to promote Shariah-Compliant Finance by one of America’s leading promoters of the industry: the Islamic Finance Project at Harvard Law School.  Harvard has benefitted from the infusion of millions of dollars from a Wahhabi Saudi prince and his government. Such funds are evidently translating into its fealty to the Islamist agenda and the promotion of Shariah and SCF by Harvard professors such as Frank Vogel (who will preside at the Treasury seminar).  

It is especially alarming that the Treasury Department is now in a position to impose its submission to Shariah on the various financial institutions which it has bought in recent weeks or otherwise controls.  With the nationalization of Fannie Mae and Freddie Mac, its purchase of - at last count - 17 banks and the enormous leverage associated with its $700 billion slush-fund, Treasury can be an irresistible force should it actively promote Shariah-Compliant Finance.  The fact that Assistant Treasury Secretary Neel Kashkari, the official charged with administering that slush fund, is the host of “Islamic Finance 101″ certainly looks like active promotion of Shariah-Compliant Finance.

The Coalition to Stop Shariah calls on the Treasury Department to cancel this indoctrination session, to cease its efforts to promote Shariah-Compliant Finance and to recognize Shariah for what it is - sedition - and treat it accordingly by banning its use in U.S. financial institutions and products.

http://usastopshariah.wordpress.com/