During a recent interview with ABC’s George Stephanopolus, Obama’s  Secretary of Treasury the infamous tax evader Timothy Geitner would not rule out tax increases for the middle class.

Geithner was clear that he believes a key component of economic recovery is deficit reduction. When I gave him several opportunities to rule out a middle class tax hike, he wouldn’t do it.

No… Geithner would not rule out a middle class tax hike.  But Timmy refused to come right out and admit it. Though if you read between the lines he does in a round about way.

STEPHANOPOULOS: So revenues are on the table, as well?

GEITHNER: Again, we’re not at the point yet where we’re going to make a judgment about what it’s going to take. But the important thing…

STEPHANOPOULOS: But you’re not ruling it out, you can’t rule it out.

GEITHNER: I think what the country needs to do is understand we’re going to have to do what it takes, we’re going to do what’s necessary.

Begin full transcript:

STEPHANOPOULOS: Tim Geithner, a lot of good news out there this week. But, the bad news is the consumers are still real scared. Even though their income went way up, their spending went way down. What more can the Administration do if anything to encourage spending to go back up?

GEITHNER: George you are right, there are signs the recession is easing. And if you think about where we were last at the end of last year, (Blame Bush #1) we were on the verge of freefall, a financial system on the verge of collapse, and the actions this Administration has taken have been very effective in helping stabilize conditions, help repair the financial system, bring down the cost of credit.

STEPHANOPOULOS: Have you created a bottom?

GEITHNER: But I think we have a ways to go,. I want to emphasize the basic reality still that unemployment is very high in this country. We need to make Americans more confident about their future.

STEPHANOPOULOS: How do you do that though?

GEITHNER: I think you need to do it through by just making people understand we’re going to do what’s necessary to get growth back on track. We’re going to stick with this until Americans are more confident about their future. Businesses have access to credit. Families are going to put their kids through college. That’s going to be the ultimate test and the policies the Administration put in place working with “Congress were designed to provide very substantial support to make sure we get through this.

STEPHANOPOULOS: You mention the big problem of unemployment, and we’re still nowhere near the kind of growth it would take to create jobs. More than 2 and half percent growth to start to create jobs. I know the Administration has that that’s not going to come until next year. But some private economists now say it could happen in the second or third quarter of this year. They look at these numbers and see that. Do you have any reason to believe they’re right?

GEITHNER: I think you’re right to say the broad consensus of private forecasters is that you are going to see positive growth in the second half of this year and expect that to continue. (We’ll be waiting and will hold you to that Timmy)

STEPHANOPOULOS: Above that two and a half percent level?

GEITHNER: Not clear yet. But you need growth before you get business to start creating jobs again and that’s what we’re going to be very focused on doing that. (Killing business promotes job growth?)

STEPHANOPOULOS: Should Americans expect that more jobs are going to be created this year or not?

GEITHNER: What I think you are going to see first is growth turn positive. And then you are going to see the pace of job losses slow materially, they’ve already slowed significantly as you’ve said. (9.5% in June – July’s rates will be released on August 7)

They’re going to slow materially further. (How low will they go? You do realize 1/2 of a % point will take unemployment rates into double digits) Again most private forecasters, let’s use their judgment (What is YOUR opinion Timmy? The US Treasury Secretary is unable or unwilling to make a judgment. Why am I not surprised -> Obama appointee.), suggest you’re going to see unemployment start to come down maybe beginning in the second half of next year.

STEPHANOPOULOS: And what about the flip side. What are the chances we’re going to see a second dip later this year?

GEITHNER: That’s something we’re very focused on, again. We need recovery to be built on private demand, private spending. Businesses taking a chance again on the American economy. Putting investments to work. Starting to rebuild their employment base. That’s the ultimate test for recovery. And a very important thing for us is to make sure we’re sticking with this until we’re very confident we have a strong private sector led recovery in place.

STEPHANOPOULOS: And what are you looking at that would give you some cause for concern that we could slip back.

GEITHNER: Well, I don’t think you can see that risk now, again. In the stimulus program and what we’ve done in the financial sector are designed to have sustained impact. Again, the damage we had done to our economy was so great that it was just going to take a long sustained effort. (Ha! Timmy admits it.)

STEPHANOPOULOS: And that means unemployment will remain high for the rest of this year. At the same time we’re seeing reports that up to 1 and a half million people could be losing their unemployment benefits by the end of this year. Does that mean that the Administration is going to have to look at extending unemployment benefits again?

GEITHNER: I think that is something that the Administration and Congress are going to look very carefully at as we get closer to the end of this year. And that’s going to be one important thing to look at

STEPHANOPOULOS: We already know that a million and half people are going to lose their benefits don’t we?

GEITHNER: Again the most important thing we need people to understand is working with the Congress we’re going to make sure we do enough to bring this economy back. But you know our job is not just to repair the damage done to this economy, bring growth back. We need to make sure that we are making the kind of investments that will build a more productive economy, gains of growth more broadly shared. And that’s why it’s so important as we focus on recovery that we’re making investments in health care reform (Read: Economy killer) , in education, in infrastructure, fixing our financial system. The kind of things we’re working on right now. (You could of fooled me)

STEPHANOPOULOS: I do want to want to get to that and as we pull out of the recession the other big worry going forward is deficits. You heard that from the Chinese this week. You hear that this week and our next guest Alan Greenspan has warned of this as well, and Senator Charles Grassley, the Republican ranking member of the Finance Committee cited CBO estimates, Congressional Budget Office estimates, that your budget will add 9 trillion dollars to the national debt over the next decade.

SEN. CHUCK GRASSLEY: Our debt as a percentage of the economy will grow in excess of 80% a level that also has not been seen since this country was in World War II.

STEPHANOPOULOS: That is a very high level and I know you believe that passing health care is central for getting the deficit under control but independent analysts say even with that you are going to need to find new government revenues. <-(TAXES) The former deputy Treasury Secretary Roger Altman said it is no longer a matter of whether tax revenues should increase but how. Is he right?

GEITHNER: George it is absolutely right and very important for everyone to understand we will not get this economy back on track, recovery will not be strong enough to sustain unless we can convince the American people that we’re going to have the will to bring these deficits down once recovery is firmly established. Remember we inherited a 1 point three trillion dollar deficit. (Blame Bush #2) The cumulative consequences of the policies this country pursued over the last 8 years (Blame Bush #3) left us with 6 million dollars (Are you not aware the US was fighting a war on two fronts? But Al Gore’s global fraud inspired Cap and Trade and ObamaCare are so damn important and worthy of spending trillions more?) of more debt than we would have had by making a bunch of commitments to cut taxes and add to spending without paying for those. (So you and the rest of the Obama jackass tax and spend brigade decided to TRIPLE the deficit and to top it off you are you all are just getting warmed up) We are not going to be able to afford to do that. And it is very important that people understand that. Our first priority now though is to get this economy back on track, make sure this financial system is repaired. Without that, we’re not going to get our deficits under control (You and the rest of the CorruptOCrats will be worm food well before the deficit will ever be in control if that is even possible) and the necessary path to fiscal responsibility, (LMAO Fiscal responsibility and Democrats – Oil & Water) the necessary path to getting this country living within our means again is not just health care reform, to bring down those costs, but we’re going to a range of other things and that’s going to be a very difficult challenge for this country. We can do this, it just requires the will to act.

STEPHANOPOULOS: Including new revenues? <-(TAXES)

GEITHNER: Well, we’re going to have to look at – we’re going to have to do what’s necessary. (Do not forget your supreme leader O promised 95% of Americans would NOT see their taxers raised ) Remember the critical thing is people understand that when we have recovery established, led by the private sector, then we have to bring these deficits down very dramatically. We have to bring them down to a level where the amount we’re borrowing from the world is stable at a reasonable level. And that’s going to require some very hard choices. And we’re going to have to do that in a way that does not add unfairly to the burdens that the average American already faces. (Timmy walk away from the Hopium bong)

STEPHANOPOULOS: But that’s the dilemma, isn’t it?

GEITHNER: That is the dilemma.

STEPHANOPOULOS: Because when you look at health care reform again – I know you believe it’s going to bend the cost curve over time. But the Congressional Budget office says, at best, the health care reform plans out there are going to be deficit-neutral over the next ten years. So to bring the deficits down, there is not enough money in the discretionary budget, we all know that. That means more revenues <-(TAXES ) The (share the wealth) President has said that taxes won’t go up for any Americans earning under $250,000, but it doesn’t appear that he’s going to be able to keep that promise if you’re going to bring the deficits down.

GEITHNER: George, we can’t make these judgments yet (Dance Timmy dance) about what exactly it’s going to take and we’re going to get there. (I’m not so sure Neither is a growing portion of America ->polls) But the very important thing, and no one is going to care about this more than the President of the United States (Would you swear to that Timmy?) , is for people to understand that we do not have a choice as a country, that if we want an economy that is going to grow in the future, people have to understand that we have to bring those deficits down. And it’s gonna, it’s going to difficult – hard for us to do and the path to that is through health care reform. (Because their first deficit lowering act the stimulus OKA Porkulus was an epic failure So their newest baloney is government run health care will fix the economy Mind boggling) But that’s necessary but not sufficient. We [are] going to do some other things too.

STEPHANOPOULOS: So revenues <-(TAXES Georgie taxes) are on the table, as well?

GEITHNER: Again, we’re not at the point yet where we’re going to make a judgment about what it’s going to take. But the important thing… (Evasion Timmy’s forte )

STEPHANOPOULOS: But you’re not ruling it out, you can’t rule it out.

GEITHNER: I think what the country needs to do is understand we’re going to have to do what it takes, we’re going to do what’s necessary. (RAISING TAXES significantly is what he is awkwardly dancing around)

STEPHANOPOULOS: Let me ask you about health care. The negotiations seem to stall out in the Senate, they are going to try to come back by Sept 15th. The House committees have all passed the bill. One of the things that, Senator Grassley, we just saw, is asking about is that he says he wants some assurance, some guarantees really, that whatever deal, if they strike a deal, a bipartisan deal in the Senate finance committee it’s going to hold all the way through the process. The Senate floor, the House floor, the conference committee, can the administration give him that assurance?

GEITHNER: I think that is what every legislator wants. They want that to be of confidence.

STEPHANOPOULOS: They are not going to get it through?

GEITHNER: You know, (chuckles), we want to have an outcome that meets these core principles the President laid out. Which is we want to make sure that we’re doing something that is going to reduce the growth in cost over the long term, expand access, improve the quality of care. Do that in a fiscally responsible way that does not increase, increase unduly the burden on average Americans today. (Then I strongly suggest you dump the anti-all of the above [Cap and Trade & HR 3200] in the trash bin) That’s the basic test. And we’re going to try to make sure that we achieve that with the broadest consensus as possible.

STEPHANOPOULOS: You want broad consensus but senator Grassley, his colleague senator Enzi are saying that they need those assurances, that can’t get them?

GEITHNER: Well again, you know (laughs) we want to make sure we get this done. And we’re gonna- as the President’s said, we’re going to look at anything reasonable, consistent with those principles that’s going to get this done. (Hear that folks? All that matters is what Obama wants –Period)

STEPHANOPOULOS: You want it to be through consensus, the President has said he wants a bipartisan bill if possible (That Obama what a clown Y’all know he is kidding right? He is the most highly partisan prez this country has ever had –Propaganda) but do you believe it is possible if necessary to get meaningful health care reform with democrats only?

GEITHNER: George, I think that again this is a big consequential reform of the country. And as many people observes, ideally you want to do this with as broad a base of consensus as possible. But people on the hill are going to have to make that choice, do they want to help shape this and be part of it. Or do they want this country, the United States of America, to go another several decades without doing whatever other serious country has done, which is to give their citizens access to basic quality of care. (Basic care people! BASIC. Which stinks on ice Look it up)

STEPHANOPOULOS: But if Republicans can’t come to an agreement with the democrats are the democrats and the White House willing to go it to alone?

GEITHNER: George, again, we’re going to try and get this done on the best possible terms consistent with those principles. Can’t tell you what it’s going to take. But you see what the President is trying to do.

STEPHANOPOULOS: Let me ask you about the TARP. Um the Tarp inspector general Neil Barovsky has criticized your department for not being transparent and he’s also said that the tax payers could be on the hook for up to $23 trillion dollars in liabilities. I know you dispute that figure but what can you tell us about where the TARP stands right now. And how much of the $700 billion that has been appropriated taxpayers can expect to get back?

GEITHNER: Let me just emphasize what’s important so that to Mr. Barvosky and to the other oversight panels and to the President and to the Secretary of the Treasury. We want to make sure we have the highest level of transparency on these programs. (Then what are you waiting for?) And we are doing everything we need to make sure that they are delivering the benefits they need with as little as risk of fraud as possible. And he has made a number of reforms we’ve adopted, very helpful role in shaping these programs and we are committed to do everything necessary to achieve that.

Now that program itself, we’re in a much better position than I thought we would be. Frankly if you just look back, 4 months ago, 3 months ago, or 6 months ago. The financial system today is more stable, the cost of credit is more available, the cost of credit is down significantly. Broad concern about collapse of the financial system is receded dramatically. And that is very, very important to the prospects of recovery.

STEPHANOPOULOS: We’re not going to see a collapse, are we?

GEITHNER: No not at all. That’s not going to happen. It’s absolutely preventable and again there is much more confidence today than we’ve seen in the last, I think, even in a year, in the basic stability of the us financial system and that is a very, very important accomplishment. And we have done that, I was here 3 or 4 months ago, we had roughly $40 billon left in authority in TARP. Today we have roughly $130 and partly because we have been very successful in having private capital come back into this financial system and we’ve had more than $70 billion come back into the government and that money goes directly to reduce our debt.

STEPHANOPOULOS: How much more are you expecting to be paid back?

GEITHNER: Can’t tell, but substantial additional sums will come back and we- we’re getting, we’ve already earned about $6 billion for the tax payer on those investments. And you now this program is delivering very important improvements in availability of credit which is the ultimate test.

STEPHANOPOULOS: So it’s going in the right direction, it’s going up. Can you say now with certainty that you’re not going to have to come back to the congress for more money?

GEITHNER: We do not plan to ask for more money and I think it’s quite unlikely that we do. But the important thing, George, is what you just said. People need to understand that we will do what is necessary to make sure that viable businesses, families that have been very conservative and prudent have access to credit at reasonable terms. That’s the basic purpose of these programs and we’re going to do what’s necessary to achieve that.

STEPHANOPOULOS: The issue of executive compensation for those banks, a lot of them are trying to get out from under the TARP restriction because they want to get out of the compensation restrictions. The House passed a bill on Friday to give share holders more rights uh to vote on executive compensation. Also the SCC more power. Republicans in the House were very critical.

REP. SPENCER BACHUS: “This bill continues the democratic majority tendency to go to the default solution for every problem – create a government bureaucracy (fascists) to make decisions better left to private citizens.” (As it should be, private business means PRIVATE – FYI – I was against TARP when Bush was in office)

STEPHANOPOULOS: Is the government getting to involved?

GEITHNER: Absolutely not, (Do try and keep up Timmy “The House passed a bill” as in government you dolt) and I think that really everybody understands that we cannot have our financial system go back to the practices that brought this economy to the brink of collapse. (Sub-prime loans & their Democrat enablers and let’s not forget Obama’s long time buds ACORN)

STEPHANOPOULOS: Do you think that is happening?

GEITHNER: No, I don’t think we’re at the point yet but it’s going to take fundamental reform of our financial system, compensation reforms are an important part of that. But we need to go beyond that and that is why the President has moved so early in this administration to propose very far reaching reforms to provide much stronger protection for consumers and deliver a more stable financial system and give us better tools to manage financial crisis. The broader fundamental reforms to protect consumers, create a more stable systems are absolutely important. One of the President’s top legislative priorities this year and I think ultimately you’re going to find broad based support for those reforms.

STEPHANOPOULOS: Mr. Secretary, thanks very much for your time today.

GEITHNER: Good to see you.

End transcript

H/T dipinion @ Conservative Thoughts

What To Ask Your Congressperson About Obamacare
part 1, part 2, part 3, part 4, part 5 and part 6

Just say no to “Government-Run Healthcare”!
Contact list of Congressional Members
Senators of the 111th Congress contact list
Blue Dog Dem contact list

Related “HR3200″ Health care posts:

Transcript: Obama Health Care Townhall Raleigh N.C. Broughton High July 29 2009
Tweeting ObamaCare [Updated & Bumped]
GOP Communications to their Constituents Censored
Full Transcript: Obama Prime Time Press Conference ‘Health Care’ July 23 2009
Open Wide America Like It or Not Obama Wants to Shove “Reforma” Down Your Throats
ObamaCare Roundup!
Action Alert: Contact List of Blue Dog Democrats Tell Them to Vote NO on Obama Health Care
Class Action Lawsuit: Stimulus Act Jeopardizes Patients Privacy Rights
Full Transcript & Video: Obama’s Staged Healthcare Town Hall Meeting Annandale, Va. July 1 2009
Transcript: Obama’s “Prescription for America” June 24 2009
Tell the ObamaCare Shills at ABC News and their Advertisers How You Feel
Full Transcript: Obama Health Care Town Hall Green Bay Southwest High School June 11 2009

Related “stimulus” posts:

Video: The National Debt Road Trip
The Obama Stimulus: Predictions vs. Reality
Recovery.Gov Getting an 18 Million Dollar Redesign!
The Bailout Mascot
Class Action Lawsuit: Stimulus Act Jeopardizes Patients Privacy Rights
Emperor Barackulus Maximus Porkulus Protecting the Vulnerable
Barack Obama Talks Out of Both Sides of His Hypocritical Face
One of these things is a lot like the other
Transcript: Obama Prime Time Stumping The Stimulus Feb 9 -09
Sen. Susan Collins Bragging Rights Are Earned Not Bartered For
Schumer you couldn’t be more dead wrong
Pelosi Speaks With A “Porked Tongue”
Double-Dipping Dems
Trader Chicago Tea Party: Rick Santelli Rant [Video & Full Transcript]
Sunday Toonage

If we allow Sharia Finance to gain a foothold in our economy …We will be financing our own murders.

– pastorius

_{Embedded videos}

Link @YouTube
Frank Gaffney of the Center for Security Policy discusses the start of the COALITION TO STOP SHARIAH (www.USAStopShariah.org) at the National Press Club in Washington, DC.

This second video continues where the above video left off.

Link @YouTube
Best-selling author Robert Spencer of JihadWatch.org discusses the start of the COALITION TO STOP SHARIAH at the National Press Club in Washington, DC.

STATEMENT BY THE COALITION TO STOP SHARIAH
REGARDING U.S. TREASURYS 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 Islams 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 finances 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 Wests 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.

…….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.

Fact Sheet on U.S. Treasury Endorsement of Shariah Compliant Finance

“Federal Lawsuit Filed Against Treasury Secretary to Stop AIG Bailout Financing of Terrorist Activities” -Society of Americans for National Existence (SANE) December 15:

ANN ARBOR, MI – A federal lawsuit was filed this morning against U.S. Treasury Secretary Henry M. Paulson, Jr. and the Federal Reserve Board to stop all bailout funds from going to American International Group, Inc. (“AIG”). According to the lawsuit, the U.S. government, through its ownership of AIG, is not only violating the Constitution, but also promoting and financing the destruction of America using American tax dollars.

The basis of the lawsuit is that AIG intentionally promotes Shariah-compliant businesses and insurance products, which by necessity must comply with the 1200 year old body of Islamic cannon law based on the Quran, which demands the conversion, subjugation, or destruction of the infidel West, including the United States. To help achieve these objectives and with the aid of federal tax dollars, AIG employs a three-person Shariah Advisory Board, with members from Saudi Arabia, Bahrain, and Pakistan. According to AIG, the role of its Shariah authority “is to review [its] operations, supervise its development of Islamic products, and determine Shariah compliance of these products and [its] investments.”

Of particular significance is the Pakistani Board member, Dr. Muhammed Imran Ashraf Usmani. Dr. Usmani is the son and devoted disciple of Sheik Mufti Taqi Usmani, the leading authority on Shariah financing who, in 1999, authored a book dedicating an entire chapter on why a Western Muslim must engage in violent jihad against his own country – even if Muslims are given equality and freedom to practice their religion and to proselytize.

The lawsuit was filed in the Federal District Court for the Eastern District of Michigan on behalf of Kevin J. Murray, a former Marine infantryman who served two tours of duty in Iraq. Murray is represented by the Thomas More Law Center, a national public interest law firm based in Ann Arbor, Michigan, and David Yerushalmi, an associated attorney who specializes in litigation and is an expert on Shariah law and Shariah compliant financing. Mr. Yerushalmi also serves as general counsel to the Center for Security Policy in Washington, D.C.

According to the lawsuit, use of taxpayer funds to acquire ownership of a business that intentionally promotes, endorses, supports, and funds Shariah-based Islamic religious practices violates the Establishment Clause of the First Amendment to the U.S. Constitution.

Richard Thompson, President and Chief Counsel of the Thomas More Law Center, commented, “This lawsuit not only raises significant constitutional issues, it also shines a light on serious national security issues that our own government has created by direct financial support and ownership of a business that supports anti-American, radical Islamic activities. Make no mistake, there is an internal cultural jihad underway against our great nation, and I fear that many of our political leaders are unwittingly complicit in it.”

On September 11, 2001, Islamic terrorists, guided by principles of Shariah-mandated jihad against “infidels,” attacked and killed thousands of innocent American civilians. Shortly thereafter, the U.S. went on the offensive by engaging Islamic terrorists overseas in Iraq and in Afghanistan. As in the past when our Nation faced great crisis, American servicemen were called to action, and Kevin Murray answered the call. From March to October 2003, Murray – a U.S. Marine – was deployed overseas in support of Operation Enduring Freedom and Operation Iraqi Freedom.

Yet today, Murray’s federal tax dollars are being used to advance the very cause of global jihad he and his fellow servicemen were placed in harm’s way to overcome. Shariah explicitly demands the murder of infidels like Kevin Murray and the destruction of the United States, which Murray took an oath to defend. Shariah is the same law that is used to justify beheadings, stonings, and amputation for petty crimes in places like Saudi Arabia, Iran, and Sudan, which Americans deplore.

Nevertheless, AIG acknowledges and boasts its promotion of Shariah law and Shariah-based business practices. AIG itself describes “Sharia” as “Islamic law based on the Quran and the teachings of the Prophet [Mohammed].”

In further support of the federal government’s endorsement of Shariah, the U.S. Treasury department co-sponsored a seminar in November of this year entitled “Islamic Financing 101” to promote Shariah financing among American institutions. The Seminar was jointly sponsored by Harvard University, one of the many American universities and colleges receiving millions of dollars from oil-producing countries to influence their Middle East programs, which are often staffed with professors who are anti-American, anti-Israeli, and pro-Islamic.

“It is clear,” said Thompson, “oil money is purchasing the sovereignty of the United States and whatever loyalty to America these greedy financial institutions, corporations, and universities have left. It’s up to the American people to take back their country from those who so easily betray its interests.”

The federal lawsuit challenges that portion of the “Emergency Economic Stabilization Act of 2008” that appropriated $40 billion in taxpayer money to fund and financially support the United States government’s majority ownership interest in AIG, which engages in Shariah-based Islamic religious activities that are anti-Christian, anti-Jewish, and anti-American.

According to the lawsuit, through the use of taxpayer funds, the U.S. government acquired a majority (79.9%) ownership interest in AIG, and as part of the bailout, Congress appropriated and expended an additional $40 billion of taxpayer money to fund and financially support AIG and its financial activities. AIG, which is now a government owned company, engages in Shariah-compliant financing, which subjects certain financial activities, including investments, to the dictates of Islamic law and the Islamic religion. This specifically includes any profits or interest obtained through such financial activities.

An important element of Shariah-compliant financing is a form of obligatory charitable contribution called zakat, which is a religious tax for assisting those that “struggle [jihad] for Allah.” The amount of this tax is between 2.5% and 20%, depending upon the source of the wealth. The zakat religious tax is used to financially support Islamic “charities,” some of which have ties to terrorist organizations that are hostile to the United States and all other “infidels,” which includes Christians and Jews.

The Holy Land Foundation for Relief and Development, recently convicted for providing material support to Islamic terrorist organizations, is an example of an Islamic “charity” that qualifies for receipt of the zakat. Thus, as a direct consequence of the taxpayer funds appropriated and expended to purchase and financially support AIG, the U.S. government is now the owner of a corporation engaged in the business of collecting religious taxes to fund interests adverse to the United States, Christians, Jews, and all other “infidels” under Islamic law

Continued Thompson, “This lawsuit is as much about protecting constitutional principles as it is about protecting our national security and preventing another 9/11 – whether it be overt through flying planes into buildings or covert through appropriating taxpayer money to fund an Islamic cultural jihad.”…

PDF of Legal Complaint to Department of Treasury: Murray v Paulson et al

Now that you are all caught up, here is the latest news. Obama appointee Geithner has no respect for the US Constitution. Shocker! Timmy Geithner and the Fed tried to get the case dismissed before it even went to trial.

To no avail!

Washington Times editorial:

Excerpt

Regardless of jihad, there is no dispute that, as U.S. District Judge Lawrence P. Zatkoff wrote on May 26, “AIG is the market leader in Sharia-compliant financing, which features financial products that comply with the dictates of Islamic law.” It’s undisputed that the government, as a result of last fall’s bailout, now owns 77.9 percent of the “aggregate voting power of the common stock” of AIG. Furthermore, Judge Zatkoff wrote, “after the government acquired a majority interest in AIG … the government co-sponsored a forum entitled ‘Islamic Finance 101.’ ”

Why is all this important? Because in the case of Kevin J. Murray v. Timothy F. Geithner and Board of Governors of the Federal Reserve System, Mr. Murray argues that if the government owns AIG and AIG extensively practices Shariah-compliant finance, then the government effectively is supporting Islam. That would be unconstitutional.

Mr. Geithner and the Fed filed a motion for the judge to dismiss the case immediately before coming anywhere near a full trial. In a devastating 16-page decision, Judge Zatkoff slapped down Mr. Geithner and company, allowing the case to go forward. The judge acknowledged that the government bought AIG only to stave off an apparent crisis.

The money quote:

He then wrote:
“Times of crisis, however, do not justify departure from the Constitution.”

Smack down! My faith in our justice system has been restored. Send U.S. District Judge Lawrence P. Zatkoff to the US Supreme Court. He is badly needed.

Petitions:

End U.S. Ownership of Sharia Business Now
5921 Total Signatures (so far)
Say NO to Shariah Compliant Finance!-Say NO to Sedition!
866 Signatures Total (so far)