Dec. 4, 2008 Michael Freund: France vs. the Jewish right to reproduce Frida Ghitis: Heed the security lessons of deadly siege Dec. 3, 2008 Steven Emerson: Yes, the terrorists are winning Don Terry: Lifetime, no see Dec. 2, 2008 Melanie Phillips: The Mumbai atrocity is a wake-up call for a frighteningly unprepared world Stratfor Geopolitical Intelligence Report: Strategic Motivations for the Mumbai Attack Dec. 1, 2008 Max Freidlander, as told to Jacklyn C. Wadler: India Inkings Mark Steyn: Whodunit!? Nov. 28, 2008 Rabbi Ahron Rapps: An evil seed that didn't have to be Melanie Phillips: Carpe diem --- or can we all relax now? Nov. 26, 2008 Michael Feldberg: Meet the Orthodox Jew who laid groundwork for scientific development of ordnance that undergirds America's current world leadership Andrea Simantov: Shades of life Nov. 25, 2008 The Jewish Ethicist by Rabbi Dr. Asher Meir : Getting Emotional For Influence The Kosher Gourmet by Ethel G. Hofman : Thanksiving feast! Nov. 24, 2008 Rabbi S. Binyomin Ginsberg: 'I just Became a grandchild!' Barry Rubin: Don't flatter your enemies, protect your friends Nov. 21, 2008 Rabbi A. Henach Leibowitz: Money matters? Caroline B. Glick: Civilization walks the plank Nov. 20, 2008 Rabbi Avi Shafran: Bronfman's blindness The Kosher Gourmet By Linda Gassenheimer: Portobellos add a hearty flavor to pasta with pesto Nov, 19, 2008 The Jewish Ethicist by Rabbi Dr. Asher Meir : Spread the wealth? Jewish tradition and income equality Elliot B. Gertel: 'Mad Men': Tackling prejudices or reinforcing them? Nov, 18, 2008 Dr. Debby Schwarz Hirschhorn: The End of the Age of Reason Jonathan Tobin: Does Barack + Bibi = Disaster? Nov, 17, 2008 Rabbi Yonason Goldson: The End of the Age of Reason Diana West: Gulling Americans into making terror legit? Nov, 14, 2008 Rabbi A. Henach Leibowitz: The Power of Spiritual Inertia Caroline B. Glick: The perils ahead Nov, 13, 2008 Stratfor Intelligence Briefing: How Bush and Obama together could change the Middle East dynamic The Kosher Gourmet by JeanMarie Brownson: Sweet and savory, crispy and meltingly tender bestilla Nov, 12, 2008 The Jewish Ethicist by Rabbi Dr. Asher Meir : Tyrannical Co-Workers Michael Doyle: High Court to consider today donated monuments that may have religious messages in public parks Nov, 11, 2008 Frank J. Gaffney, Jr.: Will Obama stop government officials considering institutionalizing financial jihad? Jonathan Tobin: They Will Decide Their Own Fate Nov, 10, 2008 Rabbi Avi Shafran: $8 billion, modern-day Tower of Babel being built? Barry Rubin: A letter to the president-elect from a Middle East realist Nov, 7, 2008 Rabbi Francis Nataf: Of Children and Immortality Caroline B. Glick: Livni's Obama strategy Nov, 6, 2008 Rabbi Yonason Goldson: How I tricked a classroom of apathetic students into grasping the fallacy of moral relativism The Kosher Gourmet By Gina Kim: Tips for making the perfect soup --- includes recipes Nov, 5, 2008 The Jewish Ethicist By Rabbi Dr. Asher Meir: Destitute Debtors Bruce Weinstein: 'Religulos': Bad title,even worse movie Nov, 4, 2008 Frank J. Gaffney, Jr.: Treasury Dept. submits to Shariah law Frida Ghitis: A surprise for Obama in the Middle East March 22, 2007 J-Rhythms with Avraham Rosenblum: JWR's cutting-edge music program showcasing performers -- singers, song writers, musicians, and bands -- who learn and live the Torah lifestyle (OUR NEWEST IGODCAST !) Oct. 29, 2003 Mortimer B. Zuckerman: Graffiti On History's Walls (MUST-READ!)

Jewish World Review Sept. 16, 2008 / 16 Elul 5768 Into the fire By Frank J. Gaffney, Jr. http://www.JewishWorldReview.com | The question on Wall Street in the wake of the latest meltdowns in the U.S. financial sector is "Who's next?" The more important issue is not which of the major banks or investment firms will follow Lehman Brothers into bankruptcy or Merrill Lynch into fire sale. Rather, the question should be "What's next?" After all, the problem afflicting so much of the U.S. capital markets - and, therefore, those around the world - is not one of individual corporations hitting a rough patch and requiring bail-outs from the federal government or the private sector. It is, instead, the result of a reckless disregard for sound investing practices in the unscrupulous pursuit of profit. In a word, the last "what" was "subprime." As we all know by now, the practice of building financial houses of cards on various investment instruments based in non-transparent and problematic subprime mortgage-backed securities was a formula for disaster. It induced firms that not only should have known better but are required to behave better to perform unconscionably. In the process, they violated industry standards and government regulations with respect to transparency, disclosure, due diligence, good governance and accountability. Tragically, in the process of leaping out of the scalding subprime frying pan, Wall Street is heading directly into a fire that promises, if anything, to be more devastating than the present disaster. Incredibly, it bears all the hallmarks of subprime with respect to a lack of transparency, a systematic failure to disclose and an utter absence of due diligence, good governance and accountability. The next "what" is called Shariah-Compliant Finance (SCF). Shariah, of course, is the term the Islamists use to describe the ruthlessly repressive, totalitarian program they believe should govern every aspect of the lives of faithful Muslims. It is also the instrument they intend to use to rule the world. The first clue that something is wrong with Wall Street's next big thing is that it is Shariah-compliant. The next clue is how Shariah-Compliant Finance works. Like subprime, it is a black-box, in which management and investors alike are told to trust in the experts. In this case, the experts are Shariah authorities who are accorded exclusive responsibility for determining whether investments are "pure" (halal) and therefore acceptable, or "impure" (haram) and not. As an important monograph on the subject recently issued by the McCormick Foundation and the Center for Security Policy (for copies contact the Center at www.SecureFreedom.org) makes clear, these authorities are, unsurprisingly, adherents to Shariah. A number of them explicitly embrace its call to jihad (including a former senior member of the Dow Jones Islamic Index, Sheik Taqi Usmani). This "holy war" is to be waged where possible through violent means, where necessary through "soft" means like Shariah-Compliant Finance. For this reason, such Islamists call SCF "financial jihad." Earlier this year, David Yerushalmi, a litigator specializing in securities law and an expert on Shariah, produced a riveting legal memorandum (soon to appear in the University of Utah Law Review) examining the civil and criminal exposure inherent in Shariah-Compliant Finance (). His conclusion: banks and investment houses offering SCF products may be enabling or engaging in the following: racketeering, anti-trust activity, securities fraud, consumer fraud and/or material support for terror. What makes Shariah-Compliant Finance even more dangerous than subprime is that, in its effort to legitimize and institutionalize Shariah in America, it is advancing a criminal conspiracy whose purpose is the violent overthrow of the U.S. Constitution and government in favor of Islamic rule. That would make it sedition. For these reasons, we should be especially wary of the purported silver-lining to the current Wall Street crisis: the infusion of vast quantities of petro-dollars, primarily from OPEC's Saudi Arabia and other Islamist nations in the Persian Gulf. It is bad enough that these putative rescuers of our subprime-fueled liquidity debacle are buying up engines of our capital markets for pennies on the dollar. Worse yet, they are, in the process, putting themselves in a position to promote Shariah-Compliant Finance and the seditious theo-political agenda it serves. A forthcoming book about SCF by Center for Security Policy Vice President Alex Alexiev offers a further, sobering thought about the fire next time: It is becoming ever-harder to differentiate between the Gulf states' so-called Sovereign Wealth Funds (actually they are the slush funds of the sovereigns) and Shariah-Compliant Finance. The former is increasingly being invested in ways that promote the latter, adding unfathomably large pools of funds to what is estimated already to be an $800 billion global industry. The Center for Security Policy has sent copies of David Yerushalmi's legal memorandum to the heads of scores of Wall Street firms and the nation's leading commercial banks, warning them of the ominous similarities between subprime and SCF. Interestingly, only the late Merrill Lynch bothered to respond, albeit with a vacuous note blithely affirming its concern about terrorism. Fortunately, Congress is beginning to recognize the possible peril in what may happen next to Wall Street. Notably, last month, a senior and highly respected member of the Senate Finance Committee, Arizona Republican Jon Kyl, wrote SEC Chairman Chris Cox, Fed Chairman Ben Bernanke, Treasury Secretary Henry Paulson and Attorney General Michael Mukasey asking them to respond to Mr. Yerushalmi's analysis of Shariah-Compliant Finance. The question occurs: Will they encourage or discourage the capital markets' leap into the fire via a headlong plunge into subprime on seditious steroids? 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.

Mitch Albom  Michael Barone   Dave Barry  Tony Blankley  Andy Borowitz  David Broder  Stratfor Briefing  Mona Charen  Linda Chavez  Ann Coulter  Greg Crosby  Rod Dreher  Larry Elder  Suzanne Fields  John Fund  Frank J. Gaffney  Lloyd Garver  Jonah Goldberg  Julia Gorin  Jonathan Gurwitz  Paul Greenberg  Victor Davis Hanson  Betsy Hart  David Harsanyi  Nat Hentoff  David Horowitz  Laura Ingraham  Jeff Jacoby  Paul Johnson  Jack Kelly  James Klurfeld  Ed Koch  Ch. Krauthammer  Jonathan Last  Michael Ledeen  John Leo  David Limbaugh  Kathryn Lopez  Rich Lowry  Michelle Malkin  Jackie Mason  The Medicine Men  Dick Morris  Bill O'Reilly  Clarence Page  Kathleen Parker  Dennis Prager  Wesley Pruden  Tom Purcell  Jonathan Rauch  Celia Rivenbark  Robert Robb  Cokie & Steve Roberts  Pat Sajak  Debra J. Saunders  Culture Shlock  Roger Simon  Michael Smerconish  Thomas Sowell  Mark Steyn  John Stossel  Cal Thomas  Jonathan Tobin  Bob Tyrrell  Diana West  Dave Weinbaum  George Will  Walter Williams  Mort Zuckerman  Robert Arial  Chuck Asay  Chip Bok  Dry Bones   Lisa Benson  John Branch  Gary Brookins  John Cole  J. D. Crowe  John Deering  Brian Duffy  Everything's Relative  Mallard Fillmore  Jake Fuller  Bob Gorrel  Joe Heller  David Hitch  Jerry Holber  Steve Kelley  Jeff Koterba  Dick Locher  Chan Lowe  Ranan R. Lurie  Jimmy Margulies  Rick McKee  Michael Ramirez  Jeff Stahler  Danna Summers  John Trever  Gary Varvel  Kirk Walters  How 2  Lori Borgman  The Savvy Consumer  Elder matters  Fixit  Dr. Peter Gott  Marybeth Hicks  GET A JOB! by Marty Nemko  Richard Lederer  Tech Maven  Nutrition Myths  Bruce Williams  How Stuff Works