ISIS Now Richest Terrorist Group in World After Looting US$429M +Gold from Mosul Central Bank

Reaganite Republican ^ | 12 June 2014 | Reaganite Republican

[Reaganite Republican]

Perhaps the saddest thing -as we watch Iraq's hard-won democracy/liberty collapse before our eyes- is that the takeover of large swathes of territory by an 7th century Medieval savages could have been prevented. In fact, the Iraqi government had been begging the head-up-their-ass Obama Administration for air support since last November (2013), only to be utterly ignored (welcome to the club)...

Today we see the rotten fruit of horrendously foolish Obama foreign policy over the last six years dropping all around the globe, yet this Iraq debacle -erasing nearly all US war gains- really takes the cake: not only is the Sharia-enforcing ISIS solidly in control of the towns they've just nabbed -with the Iraqi Army still offering little resistance- the radical Islamist group now controls major oil fields, is in a position to threaten Bagdad, and has just looted almost half a billion dollars from the Iraqi Central Bank of Mosul -and other banks- as the town fell:

...ISIS militants had stolen millions from numerous banks across Mosul. A large quantity of gold bullion is also believed to have been stolen.

Following the siege of the country's second city, the bounty collected by the group has left it richer than al-Qaeda itself
and as wealthy as small nations such as Tonga, Kiribati, the Marshall Islands and the Falkland Islands.

Richest Terror Factions in the World (as of 2011)

1) Taliban - $70m - $400m
2) Hezbollah $200m - $500m ($120m from Iran)
3) Farc - $80m - $350m
4) Hamas - $70m
5) Al-Shabaab - $70m - 100m

The financial assets that Isis now possess are likely to worsen the Iraqi governement's struggle to defeat the insurgency,
which is aimed at creating an Islamic state across the Syrian-Iraqi border.

But Obama may be successful after all- if his goal was -as so many suspect- disgracing American credibility and destroying the country's military capability/stomach for combat, he may well achieve that: how can you justify the cost in lives and treasure when the next Democratic president the political cycle provides inevitably gives it all away and surrenders utterly to determined fanatics he just never had time to deal with between golf rounds.

And I guess Dear Leader at least fulfilled his campaign promise to pull out of Iraq, getting the most out of it for himself politically... great, now what.

Al-Monitor   Israel Matzvav   International Business Times   

The Springtime of Nations   The Examiner   Daily Mail

[Reaganite Republican]

***ping***

[SMARTY]

‘I came, I saw... I surrendered.' Obama

[Rebelbase]

Didn’t this group also get helicopters and manpads from the captured Iraqi bases?

[Flintlock]

We shoulda:
Conquered Saddam......did that—took us two weeks.
KEPT his army intact.....then civilized them and removed/replaced all his officers.
Left a few battalions there in country as a permanent peacekeeping force.

Woulda WORKED, too—but I guess it was tooo Great Britanish.

[SECURE AMERICA]

Perhaps the saddest thing -as we watch Iraq’s hard-won democracy/liberty collapse before our eyes

Shirley you jest!
Democracy? Liberty? Iraq???? Do not delude yourself
The muslims that were in power demanded we leave. Now another group of muslims is driving them out, so now the first group wants our help again. KMA.................

[Reaganite Republican]

Your plan is 100% correct, imho

Trouble was, Obama always considered foreign policy to be a hindrance... he’s primarily concerned with achieving his far-left domestic transformation

And when he promised to close Gitmo and get out of Iraq and Afghanistan, I don’t think anybody thought he’d simply surrender and release all the terrorists for the flimsiest of justifications

[Born to Conserve]

This is the national version of Philadelphia being taken over by Wilson Goode. Nothing competent has happened in Philadelphia since. I believe we will not see anything competent from the federal government for a long, long time.

[11th Commandment]

How for will ISIS go? At some point they need to slow advance to prevent IRAN from entering the war. Then they will focus on Syria with the resource obtained in Iraq.

[Born to Conserve]

From wikipedia:

“...The ISIS have captured and currently use American weapons, vehicles and uniforms in their operations. ISIS members have been seen wearing the standard US Army Combat Uniform along with the Interceptor body armor. For night raids, the AN/PVS-7 night vision goggles worn with the PASGT helmets are used. Some of the weapons include M16 rifles, M60 machine guns, M240 machine guns and RPGs. Some of the vehicles include Humvees, MRAPs, M113 APCs and several T-55 tanks. When the ISIS captured Mosul Airport in June 2014, several UH-60 Blackhawk helicopters and cargo planes that were stationed there were seized.”

[Reaganite Republican]

ISIS stated aim of new Caliphate stretched across ME

[sten]

[sport]

They should , as a courtesy, at least give Obama and his voters a finder’s fee.

[Graewoulf]

What does it take for Boehner to begin Articles of Impeachment for the Democrat’s Obama?

[Admin Moderator]

OK, you’ve made your point, you can stop spamming that.

[Graewoulf]

OK.

[CommerceComet]

These estimated holdings probably understate their true financial resources. These numbers don’t take into account the readily-available Saudi money which flows freely to these groups despite assurances from the Saudi rulers to stop it.

[Yorlik803]

I would have ordered a airstrike as soon as those bases were over run.
B52 ARCLIGHT raid would remove any stuff we left behind