Posted in Islam, banking, tagged bank, banking, Christian, Dubai, finance, interest, Islam, Jew, money, Muslim, usury on March 28, 2008 | No Comments »
Islamic banking refers to banking by the principles of Sharia, the holy law set out in the Qur’an. The Qur’an forbids the charging of interest in exchange for a loan or “riba”. In some cases, this was also the practice of the Catholic Church in post-Roman through medieval times. Modern banking systems are built around [...]
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Posted in Islam, banking, tagged bank, banking, capital, influence, interest, Islam, Islamic, Muslim, nation, power, profit, religious, reward, risk, trust, United Nations, usury on January 24, 2008 | No Comments »
“As traditional Western bankers count the cost of a reckless lending spree, Islamic banking — which complies with Islam’s law banning the receipt of interest — is surging. Estimated by some experts to be growing by about 15 percent a year, the sector has been forecast by management consultants McKinsey & Co to reach $1 [...]
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Posted in banking, business, commentary, economy, election, government, jobs, politics, retail, tagged Bernanke, confidence, consumer, destabilize, economic stimulus, economist, economy, endorse, federal reserve, fiat, fiscal action, forecast, Goldman Sachs, interest, money, politicians on January 18, 2008 | No Comments »
Recently, Ben Bernanke forecast slower growth in 2008, but not a recession. However, he is not sticking to his guns.
America has called and Ben Bernanke, our venerable Federal Reserve chairmen is here to answer the cry for help after six months of national fitful sleep. Both sides have decided that an economic stimulus package is [...]
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Posted in banking, business, capitalism, economy, tagged accounting, asset, bank, banking, bilderberger, business, capital, dollar, federal reserve, finance, fractional reserve, inflation, interest, ledger entry, lending, loan, money, monopoly, mortgage, note, risk on January 4, 2008 | No Comments »
This is an mp3 on the basics of the Federal Reserve Bank for those of you that want to listen instead of read. This is basic information, hence the title:
THE FEDERAL RESERVE YOU HAVEN’T HEARD ABOUT
“A License to Steal”
Host: Eddie Sachs
Interview with Larry Bates
Audio Time: 26:13, Broadband recommended, 4.6 mb
Copyright 2005 by End Time
This audio [...]
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Posted in Islam, banking, business, politics, religion, tagged bank, banking, capital, influence, interest, Islam, Islamic, Muslim, nation, power, profit, religious, reward, risk, trust, United Nations, usury on January 3, 2008 | 1 Comment »
For years we’ve heard that Islamic law bans charging interest and dealing with the current banking system. In the eyes of Islam, interest is usury. In the U.S, Islam faithful operate without taking out loans like most citizens of the country. Bankers have had their eyes on Islam for years in an effort to get [...]
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Posted in banking, capitalism, commentary, government, politics, tagged bank, billion, capitalism, control, debt, deposit, dollar, federal reserve, income, interest, labor, legal, money, trade, usury on December 18, 2007 | 1 Comment »
On every $1 billion that the Federal Reserve receives in bonds from the government, the Federal Reserve Bank is legally allowed to create another $15 billion in new credit to lend to states, municipalities, businesses, and individuals or to give away overseas, to charity or the Iraq War. Added to the original $1 billion [...]
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Posted in banking, commentary, government, politics, tagged banker, banking, Catholic, control, debt, England, government, interest, labor, laws, Loyola, money, owner, pay, politician, regulation, Rome, society, system, university, usury, war, work on December 14, 2007 | 1 Comment »
The banking system is quite an amazing thing really and no less amazing is the fact the banking system in this United States is part of a global banking system or Society of Bankers that has functioned and supported the Roman Catholic Church, essentially uninterrupted since the Roman Empire. This is a fact that is [...]
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