At Harvard, Kagan Worked on 'Islamic Finance Project'

Wednesday, 21 Jul 2010 04:22 PM

 

  Comment  |
   Contact  |
  Print  
|  A   A  
  Copy Shortlink
Having worked with Elena Kagan at the Clinton White House, I was inclined to see her as a political moderate, worthy of support as the best one could expect from the Obama White House. But no more.

Thanks to the work of the Center for Security Policy Director Frank Gaffney and the writing of Andrew McCarthy of the National Review Institute, there has emerged a compelling reason to vote against Kagan's confirmation as a Supreme Court justice: her support for Shariah while she was dean of Harvard Law School.

Islamists are seeking to spread Shariah by inducing American and European financial institutions to establish Shariah-compliant funds in which their clients can invest.

Exposed in my books "Fleeced" and "Outrage," these funds follow the prescriptions of such law in their investments.

They routinely collect 2.5 percent of the principal of any investment annually for donation to charitable institutions, fine recipients of their investment 7 percent for transgressions of Shariah (and donate the fine to charity), and invest only in projects compliant with the rules of Shariah.

Unfortunately, the decisions as to which investments are compliant and which charities receive their benefice are made by Shariah compliance boards.

Board members are appointed by the financial institutions that typically include radical Muslim extremists who routinely designate terrorist-linked entities to receive their charitable donations, and they also proscribe investment in any firm engaged in U.S. defense contracting on the ground that the contract could aid Israel.

Most major banks in the United States and Europe have established Shariah-compliant funds, and they had almost $1 trillion under management by 2007 — and likely more today.

At Harvard, Elena Kagan "proceeded to forge the law schools' 'Islamic Finance Project.' " Its purpose, according to McCarthy, was "to promote Shariah compliance in the U.S. financial sector."

Indeed, when Harvard's president, Larry Summers — now in the Obama administration — accepted a $20 million donation for the creation of a program of studies of Islam's history and Shariah law, Kagan raised no objection.

The donation came from Saudi Prince Alwaleed bin Talal, a billionaire investor whose contribution of $10 million to the Twin Towers Fund was refused by New York Mayor Rudy Giuliani because bin Talal had blamed the 9/11 attack on American foreign policy.

Harvard Law School now has three Saudi-funded institutions devoted to the study of Shariah.

Kagan, as a Supreme Court justice, will be required to rule frequently on possible applications of Shariah in the United States. She has already noted that she welcomes "good ideas wherever they originate" and is open to applications of foreign law to the interpretation of U.S. statutes and common law.

In fact, a lawsuit seeking to ban Shariah compliance funds in banks that accepted TARP money (as violating the First Amendment separation of church and state) is now making its way up to the Supreme Court.

Kagan cannot be trusted to rule dispassionately on this case, nor can we rely on her to exclude Shariah from American jurisprudence.

For this reason — if for no other — senators should vote no on her confirmation.


© Dick Morris & Eileen McGann

  Comment  |
   Contact  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Dick Morris: Democrats Conspiring to Rig Electoral College, Law Passed in 9 States So Far

Tuesday, 15 Apr 2014 09:26 AM

A plan, now stealthily making its way through state legislatures with astonishing speed, would junk the Electoral Colleg . . .

Dodd-Frank Act Has Not Reformed Wall Street

Tuesday, 09 Aug 2011 14:53 PM

July 21 marked the anniversary of the passing of the Dodd Frank Wall Street Reform and Consumer Protection act. Unfortun . . .

Obama's Legacy: Stagflation

Friday, 04 Mar 2011 16:49 PM

Obama's failure to support America's allies in the Middle East and his dithering endorsement of chaos in the region will . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved