Sunday, July 27, 2014

For Hamas insiders it's all worth it

...Not for the first time, it's evident that the death and mayhem that results from Islamist hatred and jihad has cash at its heart.

Hamas insiders at 2012 Gaza rally: Things
have been working out surprisingly 
for them; 
not so great for ordinary Gazans
Image Source]
Frimet/Arnold Roth..
This Ongoing War..
27 July '14..

An analytical piece with the improbable title "Meet the Hamas billionaires" appeared in Israel's main business newspaper, Globes, on July 24, 2014. It takes a close look at the extraordinary phenomenon of

how much the Hamas leaders, the Arab world's new tycoons, are worth, and how they, born and raised in refugee camps, who raise aloft the cause of their people's welfare, have become so wealthy and reclusive.

Authored by Ella Levy-Weinrib, it is largely based on original research by Dr. Moshe Elad of the Western Galilee Academic College in Acre. His career in the IDF included three decades of senior positions in Judea and Samaria.

Elad's thesis is that the founders of the Hamas terrorist organization accumulated phenomenal personal wealth from tapping into Islamic charitable sources. These initially came from Syria and Saudi Arabia. At a later stage, Iran took a major role that today has been eclipsed by the stupendously-wealthy rulers of Qatar.

He tracks the rise of the personal fortunes of several key Hamas figures.


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