Here is the incomparable Melanie Phillips’s blistering commentary on this story: “Beware this Saudi deal to help bail out Britain. It comes with a devastating IOU,” in the Daily Mail, November 10 (thanks to Dan):
With all eyes fixed upon the political excitements in the U.S, few have paid much attention to a trip made by the Prime Minister several thousand miles in the opposite direction.
A week ago Gordon Brown, accompanied by his new best friend the Business Secretary Lord Mandelson, went cap in hand to Saudi Arabia and the Gulf states to ask them to help bail out the stricken economies of the West by pumping billions into the
International Monetary Fund.
It is more than a little strange that the British Prime Minister should have apparently taken it upon himself to speak on behalf of the IMF. But the real concern is that asking for help from Saudi Arabia is not like tapping your friendly neighbourhood bank manager for a bigger overdraft.
No, this loan comes with a devastating IOU “” nothing less than a big slice of control over Britain and the West by a regime at the heart of the attempt to bring about the Islamisation of the free world.
Granted, this country is facing a truly grave financial crisis. But does this mean we should remortgage the future of the West to those whose most radical elements are actively engaged in seeing it destroyed? […]
Saudi Arabia is at the root of the Islamic onslaught against the West. It is Saudi’s Wahhabi form of Islam which, along with its Shi”ite counterpart in Iran, aims to restore the dominance of Islam in the world and destroy rule by “˜unbelievers”. […]
Apparently oblivious to all this, however, Mr Brown has pledged to make London the global centre of Islamic banking. Accordingly, Britain’s major banks are eagerly embracing sharia finance, on the basis that it is a source of vast wealth. […]
But apart from being a global money-laundering exercise for terrorism, sharia banking is also a beachhead in the attempt by radical Islam to infiltrate British and Western society.
The key point is that sharia does not recognise the superior authority of the secular law of the land. […]
Moreover, the British establishment does not believe that what we are being subjected
to is a religious war. That is why their response to the steady encroachment of Islamic radicalism in our society is so weak.
And that is why I fear the British Prime Minister is in danger of selling this country to those who are intent upon undermining our most treasured freedoms….
Read it all.