Posts Tagged ‘Ahmadinejad’


Ahmadinejad: sanctions are sacrilege to Islam

October 1, 2012

From AGI (h/t Gates of Vienna) during Ahmadinejad’s visit to the U.N. last week:

New York – Iranian President Ahmadinejad has described sanctions inflicted on his country by the USA, the UK and France as a “sacrilege against Islam”. Speaking in New York where he is attending the United Nations Assembly, and where he spoke at a U.N. debate on the role played by legislation, Ahmadinejad said that sanctions against Islam “violate the rights and the freedom of nations.”

What is Ahmadinejad talking about?  Is he suggesting that sanctions are prohibited by Islam?  It’s an unusual argument, but he isn’t alone.  Watch this video uploaded to Youtube in March showing our old punching bag, Imran Hosein, who asserts that Islam does not permit economic embargos or the use of trade as a weapon.

Imran Hosein is very knowledgeable about his own religion, but what legal and religious basis do his comments have?  One old story supporting such a position may be that a rival tribe of Muhammad imposed trade sanctions against Muhammad’s clan, leading to widespread hunger and, according to one questionable account, the starvation and death of his wife Khadija—a woman of enormous personal wealth:

The other clans of Quraysh implemented a trade embargo on the clan of Banu Hashim, Muhammad’s clan. The embargo lasted for three years and many of the clan starved to death. Khadija, weakened by starvation, died during this time as did his beloved uncle and sole protector, Abu Talib. That was the year 619 CE, “the year of sorrows.”

But that tale turns out to be just another Islamic tear jerker that is contradicted by centuries of economic aggression that followed it.  How do Messrs. Ahmadinejad and Hosein account for:

  • The recent cyber attack against U.S. financial institutions by Iran itself?
  • The international boycott, divestment, and sanctions (BDS) movement against Israel?
  • The economic sanctions adopted by the Arab League against Syria last year?
  • The Turkish prime minister’s call for “UN sanctions on Israel
  • Libya’s 2008 sanctions against Switzerland?
  • The recommendation from Hizbul Mujahideen to the Organization of Islamic Cooperation to implement economic sanctions against India?
  • The 1973 Arab oil embargo?
  • The heavy tolls imposed by the Ottoman Empire along the Silk Road that forced Christopher Columbus to search for a water route to circumvent the Middle East to reach the Far East?
  • Perhaps most importantly from the standpoint of Islamic law and tradition, the higher customs duties imposed by Islam’s second Umar, a close companion of Muhammad, who engaged in, according to Islamic sources, something of a trade war against the Roman and Persian empires?

Far from being sacrilegious, sanctions appear to be rather well-suited to Islam.


Iran promises economic jihad

April 5, 2011

Feeling salty over sanctions and having read up on the profiteer Muhammad’s expectations for the treatment of infidel nations, this year on the Iranian calendar, 1390, will be known as “The Year of Economic Jihad” according to Ayatollah Khamenei and Mahmoud Ahmadinejad.  From Press TV on Apr. 3, h/t Rantburg:

Ahmadinejad calls for economic jihad

Iranian President Mahmoud Ahmadinejad has highlighted the importance of naming the current Iranian calendar year as “The Year of Economic Jihad.”

Ahmadinejad said on Sunday that economic jihad should be realized in every aspect of all Iranian’s lives, the president’s official website reported.

He also urged cabinet ministers and all Iranian officials to try their best to expedite Iran’s economic growth in the year 1390 (started on March 21, 2011).

The president noted that despite tough sanctions on the country’s energy sector, the Islamic Republic witnessed a considerable growth in various fields in the previous year.

Ahmadinejad described the government’s subsidy reform plan as one of the most important achievements in the previous year, vowing that the government would tackle economic problems such as housing, unemployment and improve the banking system through the plan.

According to the president, the initiative will lead to a better distribution of wealth among the public.

The Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has named the new Iranian Year “The Year of Economic Jihad,” calling for concerted efforts by the Iranian nation and officials to prepare the grounds for a decade of economic growth.


Deconstructing Iran’s Revolutionary Guard Corps

February 13, 2010

The U.S. Treasury Department has designated construction company Khatam al-Anbiya as a supporter of Iran’s nuclear program.  Iran’s Revolutionary Guard Corps (IRGC) controls Khatam al-Anbiya.  The Iranian military general in charge of Khatam al-Anbiya was also designated personally, along with four Khatam al-Anbiya subsidiaries.

Khatam al-Anbiya is a threat because it generates income for the IRGC through its profitable engineering and construction projects.  Put plainly, IRGC is using those revenues to support Iran’s efforts to acquire a nuclear bomb.

Treasury Under Secretary Stuart Levey

Read the rest of this entry ?


Islamic economics: cut zeroes to stop inflation

January 21, 2010

Nobody likes inflation.  But Muslims really don’t like inflation.  They have a saying that one silver dirham (coin) during the time of Muhammad would buy one chicken, and that one dirham today would buy you… one chicken.  That is why the movement within the Islamic world to buy gold coins has skyrocketed, as I have blogged about here.

Iran’s rial is supposedly pegged to the dollar, so the mullahs can’t quite figure out why they would experience inflation.  No matter.  Just behead the zeroes from the currency itself.  That will solve it.  Here’s the news from AP, via MSNBC:

TEHRAN, Iran – President Mahmoud Ahmadinejad said Wednesday his government is planning to lop off zeros from its currency in an apparent fight against Iran’s double-digit inflation.

Ahmadinejad’s government is preparing to enact a law in April that would sharply slash energy and food subsidies. The move could provoke more unrest in a country already struggling under international sanctions, high inflation and a government crackdown on the opposition.

“It is planned to remove zeros off currency and make the rial value real,” Iran’s government website quoted Ahmadinejad as saying. “The value of rial, under the law, is calculated on the basis of the price of gold. For some reason, the rial has been devaluated and we have to return its value to the one existing in the law.”

The Iranian rial is now traded at 10,000 rials to one U.S. dollar. That compares to 70 rials against the dollar in 1979, the year an Islamic revolution toppled the pro-Western Shah Mohammad Reza Pahlavi.

The governor of Iran’s Central Bank, Mahmoud Bahmani, last month said three or four zeros will be removed from the currency, depending on the results of the government’s subsidy cuts.

But don’t worry.  Sharia finance and Islamic economics are more ethical, equitable, and sustainable than Western capitalism.  That’s what we’re told, anyway.


Iran pushing trade with Latin America

November 23, 2009

As if his overtures within the Muslim world weren’t unsettling enough, Ahmadinejad is coming to our half of the earth again to stir the pot.  This time he’s trying to promote uranium extraction with Venezuela and “business” with Brazil (including sharia banking no doubt).  From the LA Times this morning:

In Brazil, Ahmadinejad and Lula are expected to sign cooperation agreements in biotechnology, energy and agriculture. An Iranian deputy foreign minister told the official Brazilian news agency last month that Tehran hopes to expand trade with Brazil to $15 billion from $2 billion in the petrochemical, energy, agricultural and medical fields.

About 200 Iranian businessmen are traveling with Ahmadinejad, who is scheduled to address the Brazilian Congress and speak to students in Brasilia.

Venezuela’s ambassador to Tehran announced this month that new uranium deposits had been discovered in Venezuela and that his country and Iran “are now cooperating on a research and development project,” the official Islamic Republic News Agency reported.

“At this juncture, Iran and Venezuela have no nuclear cooperation,” said David Velasquez Caraballo, the envoy. “But in the future, such cooperation might be established.”

These trade initiatives could end up facilitating Iran’s nuclear program.

Does anybody else miss the Monroe Doctrine?


Malaysian bank is Iranian puppet…

November 10, 2009

…and nuclear bankroller. 

Iran’s nuclear program is financed by Bank Mellat, a state-run bank.  Bank Mellat’s Malaysian subsidiary, “FEEB,” is apparently in on the nuclear financing racket, too, and just got its assets frozen by the U.S. Treasury Department.  Here begins Treasury’s statement last Thursday:

WASHINGTON – The U.S. Department of the Treasury today designated First East Export Bank (FEEB), a Bank Mellat subsidiary located in Malaysia, under Executive Order (E.O.) 13382 for being owned or controlled by Bank Mellat. Treasury also designated the Chairman of Bank Mellat, Ali Divandari, for acting on behalf of Bank Mellat. E.O. 13382 freezes the assets of designated proliferators of weapons of mass destruction and their supporters and prohibits U.S. persons from engaging in any transactions with them.

Read the rest of this entry ?