Ahmadinejad: UN Racism Conference Part 7

[Statement by the Islamic Republic of Iran as delivered (unofficial transcript)]

Ladies and gentlemen, who are the people in charge of the crisis-hit economy of the world? Where did the crisis start? Did it start in Africa and Asia or American and then Europe and their allies?

For a long time, using their political influence, they [West] imposed unfair economic laws on international economic transactions. They set up financial and monetary systems without provisions of international supervision and imposed those systems on countries that did not have the smallest role to play in the processes and policies adopted.

They do not even allow their own nations to supervise. By taking away morality from their actions, they have established laws in a way that they serve the interests of certain powerful people and capitalists. By giving a specific definition of free market and competition, they took away many opportunities from others and imposed their problems on others.

Today, with dozens of thousands of billions of dollars of debt and thousands of billions of dollars of budget deficit, those waves of crisis have come back to them.

Even today in order to improve the situation, they have started injecting hundred billions of dollars of unsupported money from the pockets of their citizens and other nations into banks and companies and financial markets which were close to bankruptcy and they have made their people even more indebted and they have made the problem more complicated.

From his lofty pose on racism & genocide, President Ahmadinejad shifted to the subject of economics, constructing a straw man to whip. While he blames free market capitalism, what he describes is a corrupted form: fascism / national socialism.

Ahmadinejad's solution is to supplant capitalism with feudalism. Islam is a feudalistic system, based upon war. It does not produce anything of value, it seizes what it wants, gaining wealth through plunder and income through extortion. The hadith include revealing prophesy about the Mahdi.

Sahih Muslim Book 041, Number 6961
[...]Allah', s Messenger (may peas be upon him) having said There would be a caliph in the last (period) of my Ummah who would freely give handfuls of wealth to thd people wiothout counting it. I said to Abu Nadra and Abu al-'Ala: DO you mean 'Umarb. 'Abd al-Aziz? They said: No (he would be Imam Mahdi.).

How will Imam Mahdi obtain great wealth to distribute?

Abu Dawud Book 36, Number 4273:
Narrated Umm Salamah, Ummul Mu'minin:

The Prophet (peace_be_upon_him) said: Disagreement will occur at the death of a caliph and a man of the people of Medina will come flying forth to Mecca. Some of the people of Mecca will come to him, bring him out against his will and swear allegiance to him between the Corner and the Maqam. An expeditionary force will then be sent against him from Syria but will be swallowed up in the desert between Mecca and Medina. When the people see that, the eminent saints of Syria and the best people of Iraq will come to him and swear allegiance to him between the Corner and the Maqam.

Then there will arise a man of Quraysh whose maternal uncles belong to Kalb and send against them an expeditionary force which will be overcome by them, and that is the expedition of Kalb. Disappointed will be the one who does not receive the booty of Kalb. He will divide the property, and will govern the people by the Sunnah of their Prophet (peace_be_upon_him) and establish Islam on Earth. He will remain seven years, then die, and the Muslims will pray over him. [Emphasis added.]