America’s allies funding ISIS in hopes of overthrowing Assad

ISIS control as of June 21

ISIS control as of June 21

By Alex Stambaugh
June 26, 2014

The Islamic State of Iraq and al-Sham (ISIS) may be the richest terrorist organization in the world, but bank robbery isn’t its only source of funding.

The group, which grew out of the Iraq and Syria’s al Qaeda, has built an estimated $2 billion war chest thanks also to private funding from foreign governments and international donors.

Whereas al Qaeda, which disaffiliated from ISIS for being “too extreme,” has fewer funds and survives on financial support from Islamic radicals and illegal financing, ISIS has amassed its wealth recently because of the international community’s growing discontent with Syria’s Bashar al-Assad and his oppressive regime.

In the past three years, Syria’s death toll has risen to over 160,000 – 10,000 of which have occurred in the past two months. And, yet, al-Assad’s regime has survived. Recently he was elected in the country’s first presidential election since the civil war broke out. He won with 88 percent, but voting only occurred in government-controlled areas.

ISIS revenue

Click to enlarge.

ISIS, meanwhile, has thrived in war-torn Iraq and Syria because of the government’s lack of resources and oversight to crack down on terrorist networks. It also has a motif far more attainable – and attractive – to radical Islamists.

Like al-Qaeda, ISIS aspires to create and Islamic state ruled by Sharia Law. But instead of aspiring to convert the world, it aims at the moment just to overthrow Iraq and Syria’s weak governments, which many Islamists from the region see as a better alternative to the current regimes.

According to a Council of Foreign Relations report, the “bulk of past funding” has been from supporters in Jordan, Syria and Saudi Arabia.

These private funds have helped buy weapons and provide attractive salaries to fighters, inspiring many from around the world, including and estimated 100 Americans, to join.

Unsurprisingly, this puts the U.S. in a precarious position since Jordan and Saudi Arabia are both strong allies.

It’s understandable, therefore, that this and the fact that the last thing Americans want is another war in Iraq, influenced President Obama’s decision to send troops, but instead 300 soldiers as advisors.

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Posted by on June 26, 2014. Filed under Recent News,Top News,World. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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