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Exposing the role that Islamic jihad theology and ideology play in the modern global conflicts

Pipes on why corporations fund the jihad

Sep 3, 2005 7:44 am By Robert Spencer

In “Why Corporations Fund Radical Islam,” Daniel Pipes in FrontPage explores another arena of smashing success for our friends at CAIR: making corporations play the dhimmi.

How does the Council on American-Islamic Relations (and others in the Islamist victimization industry) fare so well when it complains to a corporation? That’s the question Margaret Wente, the Globe and Mail’s star columnist, takes up in an insightful analysis fraught with implications.

Wente’s article looks at the high-profile case of Jeffrey Rubin, chief economist for the World Markets division of the Canadian Imperial Bank of Commerce. In an April 5, 2005, report to clients, he accurately predicted that oil prices would keep rising:

The first two oil shocks [in the 1970s] were transitory, as political events encouraged oil producers to seize full sovereignty over their resources and temporarily restrict supply. This time around there won’t be any tap that some appeased mullah or sheik can suddenly turn back on.

In response to the phrase “some appeased mullah or sheik,” the executive director of CAIR”s Canadian branch, Riad Saloojee, protested to the CIBC.

We are gravely concerned that Mr. Rubin is promoting stereotyping of Muslims and Arabs in a CIBC publication. We request that Mr. Rubin and CIBC World Markets issue a letter of apology and undergo sensitization training regarding Muslims and Arabs.

In a later formulation, Saloojee put his grievance more simply: “Many Muslims felt the comments were inappropriate.”

Saloojee’s point is plain silly, as mullahs (in Iran) and sheiks (on the Arabian Peninsula) make the key decisions turning the oil spigot on or off. But that hardly mattered to CIBC, which quickly fulfilled Saloojee’s demands, issuing a public apology and requiring Rubin (called by the CIBC “one of Canada’s long standing premier economists”) to undergo cross-cultural diversity training.

Read it all.

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