Friday, March 20, 2009

AIG and Sharia Finance

"...The nationalization of AIG is forcing the American taxpayer to support a very different kind of toxic asset. I refer to AIG's promotion of Sharia (Islamic law)...."

The Thomas More Law Center (bless them), in association with SANE (the Society of Americans for National Existence, has filed suit against the Federal government for funding AIG in its business of insuring Sharia complant investments. These are investments that are ostensibly in compliance with the requirements of Islamic law. Although this might sound benign, it is, in fact, intensively subversive to the security of the United States. In addition to inuring us to the concept that Sharia Law should be acceptable to us, it is even more invidious as a practical matter. The structure of these investments puts in place “Sharia Compliance Boards” which among other things, require that the sponsoring institutions make contributions to certain sanctioned “charities,” which are not necessarily benign to the interests of the United States and the Constution. AIG has developed a substantial business in insuring these investments.
What is especially amusing is that “in its motion to dismiss, the Department of Justice claimed that the government does not control AIG….” (
Isn’t it past time for the people of the United States to wake up?


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