Friday, June 29, 2007

Appeasement - The Liberal-Islamic Strategy

by David J. Jonsson from The American Daily

Six Persian Gulf States now have almost $1.6 trillion in foreign assets, dwarfing even China’s mammoth $1.1 trillion of foreign reserves, according to a new report from the Institute of International Finance” according to the Financial Times. These Gulf States are all members of the so-called Gulf Cooperation Council (GCC). They are Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. There are massive piles of wealth growing in the GCC.” “Along with China and other countries, the GCC is increasingly setting aside more and more of these funds to invest abroad -- in stocks, real estate and private businesses. What they buy could have a huge impact on market prices -- and your investments.”... It appears strange that politicians would suggest that the US fund a Marshall Plan to support the Islamic countries when the Islamic Countries of the Gulf are accumulating hordes of US dollars. It is in the Islamic countries that we are seeing the growth of terrorism.

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