HEADLINES

Friday, December 3, 2010

Another Bank Sues Ground Zero Mosque Thug Sharif El-Gamal

from Atlas Shrugs

Another Bank Sues Ground Zero Mosque Thug Sharif El-Gamal: "

911 crowd



Photo: 911 Protest against the Ground Zero Mosque


Join us on December 14th here and at CPAC February 11th



The GZM crook the mayor quivers before, the thug with a rap sheet, the gangster who thinks that beating people up is a great "stress reliever" -- the Muslim who threatens non-Muslims who think that the triumphal mosque is offensive, the grifter whom the mayor invites to dine at Gracie Mansion, the tax cheat who owes a quarter of a million in taxes, the hustler who was evicted from his offices...... was sued by another bank for 100k.


NBC Person of the Year ..........



Bank Sues Mosque Man NY Post


"The developer of the proposed mosque near Ground Zero was slapped with a suit for defaulting on nearly $100,000 in business loans.

Citibank filed the Manhattan Supreme Court papers last week, claiming that Sharif El-Gamal and his company, Soho Properties, owe them $99,489. It's the second such suit against El-Gamal since October, when Valley National Bank filed a claim against him over an unpaid $95,778 loan.

Gamal said defaulting on his debts made good business sense because current interest rates are so low."



No, no, Sharif, you so low. And interest rates were always "so low." This is who the Mayor is fighting for?


How morally inverted is our fair Mayor Gloomberg? How's this? He excoriates our Islamophiliac President for not pushing the Ground Zero mega mosque hard enough. This putz called the President out yesterday for not being supportive enough of the victory mosque:



“If you’re going to stand up for the mosque Friday night, you don't walk away from it Saturday morning,” said Bloomberg, (more here)



Insult, meet injury. And he stands up for crooked Islamic supremacists who are ripping our hearts out and ripping us off.


Wait. It gets better.


Gamal not only beats people up and threatens Muslims who speak out against the mosque, but he is also a tax cheat, owing a quarter of a million in taxes.


And this deadbeat has applied for 5.5 million for from the taxpayer 911 fund to rebuild lower Manhattan. Check out this video.


Julie Menin, the chairwoman of the Lower Manhattan Development Committee who decides who gets and who doesn't get our dough, said:



The vetting process, she said, includes site visits and assessments of financial track records or, in the case of new organizations, the group’s financial viability.



Clearly based on just this lawsuit alone, these grifters are ineligible.



Mr. Gamal is counting on the center’s eventually having about 4,330 paying members, about half of them paying $2,700 a year for the most expensive family plan, which would include use of a planned fitness center and pool.


Most of that core group, Mr. Gamal expects, would be non-Muslim neighborhood residents and commuters.


Muslims from around the region would make up a larger but less frequently visiting group — what he calls the “dinner and a date” crowd — many of them choosing the cheapest $375 family membership for cultural programs.



Non-Muslims will pay the exorbitant jizya of $2,700 for the privilege of membership in the Cordoba house, while Muslims will pay the nominal fee of $375 per year.


But that's not all. Financing to build this victory mosque will not only come from the American taxpayer but from the sharia -- Islamic bonds, aka sukuk: (more here)



Most of the financing, Mr. Gamal said on Wednesday, would come through religiously sanctioned bondlike investments known as sukuk, devised in Muslim nations to allow religious Muslims to take part in the global economy and increasingly explored by American banks. Sukuk and other Islamic banking instruments are tracked on the Dow Jones Islamic Market Index.


In sukuk construction projects, the investors own the real estate asset, and the developers lease it back; the investors’ profit on the rent is analogous to the yield on a bond. Some Islamic scholars do not accept the system, but it is widely used in places like Malaysia and Dubai.


Mr. Gamal, a broker and property manager with Soho Properties, uses conventional mortgages on other deals, but said using sukuk would attract a broader range of Muslim investors.



I bet he won't default on the ummah.


Something needs pointing out here. The El-Gamal cabal is saying that most of the people in the area of the center will be non-muslim? Wait a minute. We were told that the Muslim community in lower Manhattan was bursting at the seams and had to have this huge place, right? But according Anne Barnard in a recent NY Times piece, most of the people living or working near the center and wanting to use the facilities are not Muslim.


Morphing mosque morphs, yet again.

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