Editor’s note: It is significant this report was posted by The Daily Beast, Newsweek’s web presence. Newsweek, the now defunct print magazine, is about as establishment as it gets. It was financed in part by the Mellon family. It served as a key asset of the CIA through Operation Mockingbird.
Conspicuously absent in the report is the role played by the United States and the CIA. Saudi Arabia, Qatar and Kuwait get all the blame.
For more on how the British, the U.S., CIA, Saudi Arabia and Qatar created the sadistic monster now gobbling up large swaths of Iraq, see our Saudi Arabia, Sunni Caliphate, NATO Run Secret Terror Army in Iraq and Syria.
The Islamic State of Iraq and Syria (ISIS), now threatening Baghdad, was funded for years by wealthy donors in Kuwait, Qatar, and Saudi Arabia, three U.S. allies that have dual agendas in the war on terror.
The extremist group that is threatening the existence of the Iraqi state was built and grown for years with the help of elite donors from American supposed allies in the Persian Gulf region. There, the threat of Iran, Assad, and the Sunni-Shiite sectarian war trumps the U.S. goal of stability and moderation in the region.
It’s an ironic twist, especially for donors in Kuwait (who, to be fair, back a wide variety of militias). ISIS has aligned itself with remnants of the Baathist regime once led by Saddam Hussein. Back in 1990, the U.S. attacked Iraq in order to liberate Kuwait from Hussein’s clutches. Now Kuwait is helping the rise of his successors.
As ISIS takes over town after town in Iraq, they are acquiring money and supplies including American made vehicles, arms, and ammunition. The group reportedly scored $430 million this week when they looted the main bank in Mosul. They reportedly now have a stream of steady income sources, including from selling oil in the Northern Syrian regions they control, sometimes directly to the Assad regime.
But in the years they were getting started, a key component of ISIS’s support came from wealthy individuals in the Arab Gulf States of Kuwait, Qatar and Saudi Arabia. Sometimes the support came with the tacit nod of approval from those regimes; often, it took advantage of poor money laundering protections in those states, according to officials, experts, and leaders of the Syrian opposition, which is fighting ISIS as well as the regime.