Re: OT-An Historian Gives Some Background On Our Direction......



Raymond J. Johnson Jr. wrote:
Linus
Don't you let anyone tell you that Pam Geller isn't an authority on
history! Nosir!

Here's a little history she reported on today..... Whatcha think, Lampson? Think you can follow the argument?
LZ

Thursday, May 28, 2009
EXCELLENT! Judge denies USG's motion to dismiss AIG-Shariah Lawsuit

Score one for the good guys! This aggressive Islamic supremacism must be challenged. I was unnerved when one week after Obama and co. nationalized the banks, the US Treasury was giving seminars in Islamic finance. Tip of the old hat to litigation warrior David Yerushalmi:
US District Ct of Michigan denies USG's motion to dismiss AIG-Shariah Lawsuit Saneworks

In an extremely well-written and soundly analyzed opinion, Judge Lawrence P. Zatkoff of the US District Court for the Eastern District Court of Michigan, has denied the U.S. government's motion to dismiss the lawsuit filed by Kevin Murray. (The full opinion may be downloaded above from this entry's unique url.) Mr. Murray, who is represented by legal counsel David Yerushalmi and the Thomas More Law Center (Richard Thompson and Robert Muise), filed a federal complaint against the Treasury Secretary, representing the U.S. Treasury, and the Federal Reserve Board alleging that AIG's promotion of Shariah in its Shariah-compliant insurance products violates the Establishment Clause because the federal government owns and controls 80% of AIG and AIG's actions have become the government's.

The government filed its motion to dismiss making two arguments. One, Mr. Murray, as a former combat Marine, practicing Catholic, and tax payer, did not have standing to even bring this lawsuit. Two, even if he did have standing, the government acted in buying AIG without any intent to promote or become involved in religious questions.

The Court spent much of its opinion reciting the law on the narrow exception to the no-tax-payer-standing rule. That exception is triggered in a claim of a violation of the Establishment Clause and when there is a specific legislative grant for spending that implicates the First Amendment. The Court carefully reviewed all of the relevant case law and found the argument made by Messrs. Yerushalmi and Muise in their brief persuasive.

On the second issue, the Court put together all of the facts as presented by the Plaintiff's brief and concluded:

In this case, the fact that AIG is largely a secular entity is not dispositive: “The question in an as-applied challenge is not whether the entity is of a religious character, but how it spends its grant.” Kendrick, 487 U.S. at 624–25 (Kennedy J., concurring). The circumstances of this case are historic, and the pressure upon the government to navigate this financial crisis is unfathomable. Times of crisis, however, do not justify departure from the Constitution. In this case, the United States government has a majority interest in AIG. AIG utilizes consolidated financing whereby all funds flow through a single port to support all of its activities, including Sharia-compliant financing. Pursuant to the EESA, the government has injected AIG with tens of billions of dollars, without restricting or tracking how this considerable sum of money is spent. At least two of AIG’s subsidiary companies practice Sharia-compliant financing, one of which was unveiled after the influx of government cash. After using the $40 billion from the government to pay down the $85 billion credit facility, the credit facility retained $60 billion in available credit, suggesting that AIG did not use all $40 billion consistent with its press release. Finally, after the government acquired a majority interest in AIG and contributed substantial funds to AIG for operational purposes, the government co-sponsored a forum entitled “Islamic Finance 101.” These facts, taken together, raise a question of whether the government’s involvement with AIG has created the effect of promoting religion and sufficiently raise Plaintiff’s claim beyond the speculative level, warranting dismissal inappropriate at this stage in the proceedings.

We reached out to Messrs. Yerushalmi and Muise in a conference call. They both were quite obviously pleased by the well-reasoned opinion. They also said, almost in perfect unison: "There is not a fact in the complaint we cannot prove." Mr. Yerushalmi added, "This case is going to send a loud and reverberating alarm in Washington and in the financial world which is now running full speed and blindly to embrace Shariah-compliant finance."

When the case was first filed, arm-chair First Amendment lawyers (meaning law professors who opine while gathering wood splinters writing arcane law review articles and shotgun blog entries) almost unanimously concluded this case had zero chance to survive a motion to dismiss. Turns out they were wrong. Way wrong.

Posted by Pamela Geller on Thursday, May 28, 2009 at 02:48 PM in FINANCIAL CRISIS '08: DEMOCRAT POLICY COMES HOME TO ROOST, FINANCIAL JIHAD: Funding Islamic Terror | Permalink | Comments (0) | TrackBack (0)
.



Relevant Pages

  • Bush Economy, Sunday, 21SEP08
    ... money market accounts, commercial loans, and bank failures that are being ... suddenly runs out of money. ... to put their money is in U.S. government securities. ... finance is still a confidence ...
    (misc.survivalism)
  • Re: Congress Passes A Bill of Attainder To Get AIG
    ... "Is Congress using a Bill of Attainder to get A.I.G.? ... The head of AIG was fired and the retired CEO of Allstate was brought ... but in the long term their jobs will be eliminated. ... government wasn't the solution - government was the problem! ...
    (soc.retirement)
  • Re: WW2 First Declaration of war March 24th 1933.
    ... >> In terms of finance it was aided by the Nazis using the Government ... German government spent 37.8% of its cash on the war and 44.9% ... "I see we are switching from the armies the Nazis raised, ...
    (soc.history.war.world-war-ii)
  • Uncle Sam is turning into Uncle CEO. But will the new corporate suit be a good fit?
    ... Takeovers of AIG, Fannie and Freddie raise business and political ... The federal government is entering uncharted territory. ... Inc. and mortgage lenders Fannie Mae and Freddie Mac, ...
    (soc.culture.cambodia)
  • Franks fingerprints are all over the financial fiasco
    ... 'THE PRIVATE SECTOR got us into this mess. ... when at his inauguration he said, 'Government is not the answer to our ... Because while the mortgage crisis convulsing Wall Street has its share ... government-chartered mortgage finance firms, Fannie Mae and Freddie ...
    (alt.politics.bush)

Loading