IslamNewcastle

Islam in Newcastle – Challenge the Stereotype!

Fraud of the Modern Banking System

Fraud of the Modern Banking System

Abu Abdullah

Wednesday 8th October 08

Assalamu alaykum wa rahmatullaahi wa barakaatuhu…

I am sure we are all aware of the recent financial crisis that has hit the world’s money market. It is the main topic and sometime the only topic being discussed in newspapers, magazines, tv stations and radios almost 24hrs a day. Trillions of pounds are being poured in to save this fraudulent economic system but of course when it comes to giving pensioners a decent pension or giving a few extra pound to freezing old ladies to help them with their winter fuel bills there is no money available. When the banks collapse after stealing billions from the public then suddenly trillions of pound instantly appear to save them!

Today the UK government announced that they are going to give these banks £400 billion to keep them afloat (American government are giving $850 billion, German around £400 billion and this is being repeated by nearly every other western government). That’s £30,000 from every british tax payer! So where are they getting this £400 billion from?

Read more »

November 21, 2008 Posted by Abu-Tayeb Khairdeen | Knowledge Based Articles | , , , , , | Leave a Comment