
 |
|
February 10, 2012
Lisa M. Krieger: Man with defibrillator demands access to his own heart's information
David G. Savage: Why activists may not be in a hurry to have High Court rule on alternative marriage
February 9, 2012
Laura McMullen: 10 Least Expensive Public Schools for Out-of-State Students
Kimberly Palmer: How to actually enjoy -- relaxing, financially -- your vacation
February 8, 2012
Warren Richey: Why momentous Prop. 8 ruling might not satisfy gay-rights groups
Menachem Wecker: Though Controversial, LL.M.'s Can Lead to Specialized Legal Jobs
The Kosher Gourmet byDana Velden: Going to the bother of making soup? You know it better be good. This CREAM OF TOMATO SOUP certainly is! And it's a cinch to make, too (Includes techinques and serving secrets)
February 7, 2012
Frank J. Gaffney, Jr.: Caught off-guard? President's Super Bowl interview with Matt Lauer gives those who need a reason not to vote for him, a darn good one
Suzanne Bohan: Leaping lizards! Tiny reptiles advancing robot design
February 6, 2012
Jonathan Tobin: Iran Threatens Israel With Destruction, But the New York Times Doesn't Hear It
Jeffrey Fleishman: In newly democratic Egypt, tens of democracy activists jailed, to stand trial; their groups are 'threatening the stability of the homeland'
Julie Deardorff : Researchers say antioxidants may not be that effective and could do more harm than good
Mark Clayton: How did Anonymous hackers eavesdrop on FBI and Scotland Yard?
February 3, 2012
Edmund Sanders : Israeli official says Iran is creating missile that could reach East Coast of US
Victoria Kim: Immigrant-smuggling ring used black drivers to avoid racial profiling
February 2, 2012
Jim Carney: Wrong number call may have saved her life
Reza Kahlili : Ex-CIA spy in Iran's Revolutionary Guard: What Obama doesn't grasp about striking deals with Tehran
Tina Susman: For woodchuck rescuer, every day is Groundhog Day
February 1, 2012
Brian Bennett: US officials see increasing threat of domestic attack from Iran
Emily Brandon: How to Take Advantage of New 401(k) Fee Disclosures
January 31, 2012
January 30, 2012
Paul Richter and Ramin Mostaghim: Misreading Teheran's limits -- deadly and economically devastating as they may be -- is a risk administration, Europe seem willing to take
Suzanne Bohan: Warning: Nap-deprived tots missing more than sleep, study finds
Meg Handley: Banks Revamping Rewards Programs to Woo Customers
January 27, 2012
Caroline B. Glick: Obama: Of course I intend to prevent a nuclear holocaust . . . in a few months
Yochonon Donn: In liberal New York City, fervently-Orthodox Jews may soon be getting a district to call their own
Jeannine Stein: An inflated ego and thinking you're 'all that' doesn't just make others sick of you, it can make you ill
Katy Hopkins: New budget rules may affect how much money you get for college
January 26, 2012
Ed Koch: To the New York Times, calling for the murder of Jews by those capable of having their incitement taken seriously isn't news
Jeannine Stein: Mental illness struck one in five U.S. adults in 2010: Report
January 25, 2012
Richard Simon: House passes two bills endorsing the use of religious symbols at military memorials
Fred Weir: Putin: Multiethnic Russia cannot survive as a US-style 'melting pot'; must find its own way
Susan Johnston: 5 Sneaky Coupon Strategies Consumers Should Watch Out For
January 24, 2012
Carol Clark: The price of your soul: How your brain decides whether to 'sell out'
Caroline B. Glick: America lost most in 'Arab Spring'. Sadly, many voters still don't grasp the extent
Warren Richey: Drug criminal scores win in GPS ruling from conservative-leaning high court
Erika Bolstad: Black conservatives gather to talk about gaining strength
January 23, 2012
Melissa Dribben: Jewish voters to play a key role in Florida's Republican primary
Jordan Rau: In quest to grow, Catholic hospital system will announce this morning its break from church
Ali Safi: U.S. envoy gives Taliban terms for peace talks
January 19, 2012
January 18, 2012
January 17, 2012
Frank J. Gaffney Jr.: No-kidding red lines: U.S. response to an Iranian nuke may be bluster, but Israel's won't be
David G. Savage: They sued their principals after slandering them online --- now the cases are headed to the Supreme Court
David Francis: Where to Invest in 2012: With stocks expected to rebound, opportunity abounds for investors
January 13, 2012
Ben Lynfield: Israeli lawmakers move to annex Jewish Judea, one museum at a time
Alexia Elejalde-Ruiz: Thriving through touch: Gentle massage helps older people with low mobility improve in mind and body
January 12, 2012
Warren Richey: Landmark Supreme Court ruling a 'resounding win' for religious groups
Warren Richey: Supreme Court says no to new rule on eyewitness testimony
John Fauber : Statins found to raise diabetes risk in postmenopausal women
Katy Hopkins : Consider This Before You Pay for an Online Degree
The Kosher Gourmet by Joseph Erdos: This mushroom and barley soup has an intense -- almost nutty -- flavor that mixes robust with Middle East. It has creaminess without cream
January 11, 2012
Shari Roan: Millions of atrial fibrillation sufferers at risk for devastating, but preventable, stroke
Tom Hussain: Pakistan -- recipient of more than $21 billion in civilian and military aid -- speeds pursuit of Iranian pipeline, defying US
David G. Savage: High court signals it won't be loosening TV's 'indecency' rules
Stephen Ceasar: Oklahoma's Islamic law amendment can't go into effect, court rules
January 10, 2012
Reza Kahlili: From an ex-CIA spy: US must exploit new split in Iran's Revolutionary Guard
Karen Kaplan: Study: Nicotine replacement products ineffective when used in real-life situations
January 9, 2012
Michael Doyle: Put through legal hell over dream home, couple fought back hard --- all the way to Supreme Court
|
| |
Jewish World Review
January 15, 2008
/ 8 Shevat 5768
Globaloney
By
Frank J. Gaffney, Jr.
| 
|
|
|
|
http://www.JewishWorldReview.com |
There is something surreal about the spectacle of President
Bush touring the Persian Gulf. It calls to mind the signature line of
Mad Magazine's mascot, Alfred E. Neuman: "What, me worry?"
Mr. Bush's trip is, after all, premised on the notion that the Arab
leaders he is courting there are reliable allies. Such a proposition
should be subjected to the closest of critical scrutiny by Congress, the
press and the American electorate since a number of highly debatable,
and increasingly portentous, policies are predicated on this assumption.
These include:
•
Saudi Arabia and the other, smaller desert principalities are
"moderates" who are as opposed as we to the totalitarian political
agenda of fanatical ideologues such as Osama bin Laden.
•
The Gulfies share our concern about the rising power of Iran
and therefore can be counted upon to join us in countering that region's
would-be Islamofascist superpower. It follows not only that we can
safely provide these autocracies with an array of advanced weapons, but
we must do so.
•
The Arab regimes in the Persian Gulf will be helpful in
brokering a peace between Palestinians and Israelis - if only the United
States pressures the Jewish State to make territorial and other
concessions that may imperil the latter. And,
•
The willingness of the Gulf's potentates to recycle the
immense wealth they have accumulated in recent years - primarily through
oil sales at exorbitantly inflated prices - to purchase big stakes in
U.S. companies and capital markets is a welcome development. Such
investment is to be encouraged, and those who say otherwise should be
condemned as "Chicken Little xenophobes" in the words of former GE
chairman Jack Welch and his wife, Suzy.
In fact, the Welch tag-team used a January 21 Business Week column to
admonish a letter-writer worried about Arab and other sovereign wealth
funds buying up American corporations: "In trying times, U.S. companies
always attract opportunistic, activist shareholders. Sometimes they
look like Carl Icahn or Nelson Peltz. Sometimes they look like
shiny-faced hedge fund managers just out of Wharton or Harvard Business
School. And sometimes - like now - they look Chinese or Saudi or
whatever. It doesn't matter. They're all after the same thing: the
opportunities in America's capitalistic market."
Unfortunately, this confidence in the inexorable forces of
"globalization" is as misplaced in the case of the so-called
"pro-Western" Arab states as are the other assumptions driving American
policy towards the region at the moment. To be sure, at least some of
those to whom President Bush has been paying court in recent days are
genuinely desirous of American protection, arms, pressure on Israel and
investment opportunities. But to confuse such short-term,
expediency-driven common interests with a durable strategic partnership
is, for want of a better term, globaloney.
A litmus test of the true intentions of the Saudis and other
oil-rich Arab fiefdoms can be found in an initiative moving forward in
Western capital markets - including, increasingly those of the United
States - in parallel with their sovereign wealth investments in major
financial institutions and exchanges: Shariah finance.
As my colleague, Alex Alexiev, has noted in an important analysis of
this phenomenon, Shariah finance is an invention of the
Muslim Brotherhood, not the Koran; it dates back to the 1920s, not the
seventh century. This Islamist invention is designed to promote and
underwrite that ideology's political agenda of ghettoizing and
dominating Muslim populations - and, in due course, non-Muslim ones.
Forcing American enterprises to offer products Islamist "Shariah
advisors" deem to comply with their political-religious-legal code is a
Trojan horse for legitimating that code, Shariah, as practiced by the
Saudi, Taliban, Sudanese and Iranian regimes. It enriches and gives
enormous influence to these advisor/ideologues and affords them new
opportunities to drive millions (if not billions) in tithing and profits
to so-called Islamist "charities" and other enemies of the West.
Encouragement of this cancer by Saudi and like-minded investors inside
the West's capitalist system is one of the ominous facts that belies the
benign nostrums about globalization and the Persian Gulf served up by
the likes of Mr. and Mrs. Welch, and embraced by the Bush
Administration. Shariah finance is a prime indicator of why real care
must be exercised about arming its proponents, weakening our ally -
Israel - at their behest and encouraging their strategic penetration of
our markets.
With respect to the latter, this would seem to be an ideal time for
increased scrutiny of Gulf states' purchases of American companies.
Last year, in the wake of the firestorm concerning Dubai's proposed
take-over of American ports, Congress enacted legislation to strengthen
the hand of security-minded federal agencies involved in the Committee
on Foreign Investment in the United States (CFIUS). Heretofore, CFIUS
has been a notorious rubber-stamp even for transactions involving deeply
problematic foreigners, as long as they bring cash. Incredibly, the
Bush Administration is reportedly poised to adopt implementing
regulations that will effectively gut this legislation - and compound
CFIUS' past, toothless oversight.
A Democratic-led Congress returns to work this week. In 2006, its
leaders promised that, if given a chance to run Capitol Hill again, they
would restore the constitutionally mandated concept of
checks-and-balances. Arguably, the practice of that principle of
divided government has never been more needed than with respect to the
all-too-prevalent, "What, me worry?" attitude in Washington about the
true nature, reliability and ulterior motives of our "friends" in the
Persian Gulf.
Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.
JWR contributor Frank J. Gaffney, Jr. heads the Center for Security Policy. Comments by clicking here.
Archives
BUY FRANK'S LATEST
"War Footing: 10 Steps America Must Take to Prevail in the War for the Free World"
America has been at war for years, but until now, it has not been clear with whom or precisely for what. And we have not been using the full resources we need to win.
With the publication of War Footing, lead-authored by Frank Gaffney, it not only becomes clear who the enemy is and how high the stakes are, but also exactly how we can prevail.
War Footing shows that we are engaged in nothing less than a War for the Free World. This is a fight to the death with Islamofascists, Muslim extremists driven by a totalitarian political ideology that, like Nazism or Communism before it, is determined to destroy freedom and the people who love it. Sales help fund JWR.
|
© 2006, Frank J. Gaffney, Jr.
|
|

Arnold Ahlert
Mitch Albom
Jay Ambrose
Michael Barone
Barrywood
Tony Blankley
Lori Borgman
Stratfor Briefing
Mona Charen
Linda Chavez
Richard Z. Chesnoff
Ann Coulter
Greg Crosby
Alan Douglas
Larry Elder
Suzanne Fields
Frank J. Gaffney
Bernie Goldberg
Jonah Goldberg
Julia Gorin
Jonathan Gurwitz
Paul Greenberg
Argus Hamilton
Victor Davis Hanson
Betsy Hart
Ron Hart
Nat Hentoff
Marybeth Hicks
David Horowitz
Jeff Jacoby
Renee James
Paul Johnson
Jack Kelly
Ed Koch
Ch. Krauthammer
Michael Ledeen
John Leo
David Limbaugh
Kathryn Lopez
Rich Lowry
Michelle Malkin
Jackie Mason
Ann McFeatters
Dale McFeatters
Dana Milbank
Jeanne Moos
Dick Morris
Jim Mullen
Deroy Murdock
Judge A. Napolitano
Bill O'Reilly
Kathleen Parker
Star Parker
Dennis Prager
Wesley Pruden
Tom Purcell
Sharon Randall
Robert Robb
Cokie & Steve Roberts
Heather Robinson
Pat Sajak
Debra J. Saunders
Martin Schram
Culture Shlock
David Shribman
Roger Simon
Michael Smerconish
Thomas Sowell
Ben Stein
Mark Steyn
John Stossel
Cal Thomas
Dan Thomasson
Bob Tyrrell
Ben Wattenberg
Diana West
Dave Weinbaum
George Will
Walter Williams
Byron York
ZeitGeist
Mort Zuckerman

Robert Arial
Chuck Asay
Baloo
Chip Bok
Dry Bones
Lisa Benson
John Branch
John Cole
J. D. Crowe
John Deering
Brian Duffy
Everything's Relative
Mallard Fillmore
Glenn Foden
Jake Fuller
Bob Gorrel
Joe Heller
David Hitch
Jerry Holbert
Lee Judge
Steve Kelley
Jeff Koterba
Dick Locher
Jimmy Margulies
Rick McKee
Michael Ramirez
Kevin Siers
Jeff Stahler
Ed Stein
Danna Summers
John Trever
Gary Varvel
Kirk Walters

Mr. Know-It-All
Dr. Peter Gott
GET A JOB! by Marty Nemko
Richard Lederer
Frugal Living
Tech Maven
On Nutrition
Bookmark These
Bruce Williams
|