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Seriously, how hard is it to find objective information about your points? Um..not. How can you just believe the hysteria?
What is the big deal with the Islamic Finance Project? We do a lot of business with Muslim countries, we had better understand how they do business. Who said anything about "mainstreaming Sharia-compliant finance in America", that is completely hysterical hogwash.
Well, for one thing, it's stupid. They say that interest is zero so they can say they are not paying "usury". Trying to disguise that into the value of a mortgage doesn't take it away. Time value of money is never zero. It's like this superstitious thing for them. Like walking down a sidewalk, "step on a crack, break your mother's back". That's just the basic premise.
We could go into unrecorded banking deposits that are a contractual stipulation for community investments according to Islamic law. But, hey, let's just sing Kumbaya. It's easier to deal with.
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Harvard Law School awarded the Medal of Freedom, unless I am missing something and Kagan is the Harvard Law School. Your assertion that he is a "Sharia promoter" is a stretch, and has nothing to do with the honor bestowed upon him. If you actually read up about him, you will see why he earned it. Hint, it has something to do with standing up against corrupton, and actually doing his job without political or religious coersion.
Well, let's see........
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a decade of military dictatorship, is now threatened by an unexpected source — the politicization of the Pakistani judiciary and the stark political ambitions of a formerly respected chief justice
In two Supreme Court decisions, the chief justice, Iftikhar Chaudhry, has unveiled an agenda that is antithetical to democracy and seems fueled by self-aggrandizement and political opportunism. Most recently, and contrary to the constitution of Pakistan, Chaudhry usurped the right of appointment of vacancies in the court from the elected prime minister and president.
Are you sure that you don’t mean, why am I not a sucker for getting into the OMG they are going to build what where debates that have been set up to draw attention away from what is currently going on? Did you want me to scream and act afraid and then run and join the fascists to keep Sharia Law at bay?
I don’t think so. I believe we call that an EPIC FAIL.
You see the whole argument laid out means that you want me to unite for this common cause to fight this fictive enemy. Freedom of religion also means freedom FROM religion. K? Sharia or name-your-brand-Christianity.
Sarah Palin is against abortion unless the mother is in danger. In her little fantasy world there are people waiting to adopt. On the one hand she blathers about how this one issue is one unimportant factor and how women should stand together. Well, if she doesn’t want to be crucified then she would actively support pro-choice. She is endorsing candidates who are against gay adoption and foster care and abortion.
She only supports funding abstinence only programs, although they do not work and have clearly shown to be a waste of money. She has attempted to use her daughter as an educational tool to promote her own cause. Clearly, teenage mothers are not going to acquire jobs as medical assistants or have their own condo or take pictures in the condo in an evening gown. That is called a disconnect from the real world.
Her stance is that abortions are rewarding people for bad behavior. Therefore, pregnancy is punishment. Which is right in line with a bunch of morons who are not going to adopt the ones that are born with withdrawal symptoms. They have such a bang up job of taking care of it now. And she supports, for sure, faith based initiatives-although they have repeatedly failed.
And on top of this, she supports teaching creationism as a fact in schools. So, she……who must have been a victim of the dumbing down of society wants to continue the cycle.
If the OP would stop relying on the fear mongering propaganda he/she might just learn something, but then again, learning the facts is actually frightening to some.
I say all this apropos the recent "controversy" over Elana Kagan, now confirmed to the Supreme Court by the Senate, and her "support" for sharia law. Now let's stop right here. That sounds just awful, doesn't it? The mind quite naturally speed to the darkest vectors of this allegation. What, did she once support the stoning of an uppity woman? A cliterodectomy? Is she some agent of Allah?
While she was dean of Harvard Law, she did in fact help establish a program for the study of Islamic finance. And here's where, if you're willing to spend a few minutes looking beyond the headlines, matters get more complicated. It turns out that Islamic finance is deserving of study and different from the finance the rest of us use because the Qu'ran forbids the charging of interest and certain other practices that we all use, so deals have to be structured differently. And in a shrinking global world, it's worth learning about those things.
Why is it important for Western institutions, for example GWU, to teach Islamic finance?
Islamic finance is becoming extremely important in various parts of the world. It's shaping economies. Islamic finance is the most rapidly growing part of the finance industry throughout Southeast Asia, throughout the Arabian Gulf region, throughout the Arab world. Islamic banks are cropping up everywhere, in the UK, France, Germany. In fact, Europe is far ahead of the United States in this respect. There's been very little action in the United States. It's a lucrative field in finance, and it's rapidly growing. And many, many people want to get involved in it...
When you teach something you are enabling peope to understand it. Whether or not it is implemented is entirely up to the individuals or entities. Don't you see the logic in understanding an issue or an ideology before you can vote nay or yay or form an informed opinion?
No one on this thread has advocated for or expressed an interest in adopting any part of it, they are merely pointing out that the right wing base is being manipulated into believeing that we will all be wearing burkas and naming our first born Mohammed. There is a blatant absurdity in this and it is very clear that you and others like you are allowing them to take your attention off of the issues that they refuse to or cannot address. It is counter productive and the Republican politicians are using propaganda for their own self-serving agenda. Bush told us after 9/11 not to judge all Muslims by the radical fringe. Did you have an argument with that then? If not, then you have no argument now.
Islam argues that there is no justifiable reason why a person should enjoy an increase in wealth from the use of his money by another, unless he is prepared to expose his wealth to the risk of loss also. Islam views true profit as a return for entrepreneurial effort and objects to money being placed on a pedestal above labour, the other factor in production. As long as the owner of money is willing to become a shareholder in the enterprise and expose his money to the risk of loss, he is entitled to receive a just proportion of the profits and not merely a merely nominal share based on the prevailing interest rate. Thus, under an Islamic banking system, the cost of capital is not analogous to a zero interest rate, as some people wrongly assume it to be. The only difference between Islamic banking and interest-based banking in this respect is that the cost of capital in interest-based banking is a predetermined fixed rate, while in Islamic banking; it is expressed as a ratio of profit.
When you teach something you are enabling peope to understand it. Whether or not it is implemented is entirely up to the individuals or entities. Don't you see the logic in understanding an issue or an ideology before you can vote nay or yay or form an informed opinion?
No one on this thread has advocated for or expressed an interest in adopting any part of it, they are merely pointing out that the right wing base is being manipulated into believeing that we will all be wearing burkas and naming our first born Mohammed. There is a blatant absurdity in this and it is very clear that you and others like you are allowing them to take your attention off of the issues that they refuse to or cannot address. It is counter productive and the Republican politicians are using propaganda for their own self-serving agenda. Bush told us after 9/11 not to judge all Muslims by the radical fringe. Did you have an argument with that then? If not, then you have no argument now.
Excuse me. AIG is already using Sharia Finance. Hello! Your taxpayer's dollars going to terrorism. How's that working for ya?
“The U.S. taxpayer now owns most of AIG and Citigroup, two companies massively engaged in Shariah-compliant transactions (SCF), at odds with our constitutional separation of church and state,” wrote Frank Gaffney last March, Deputy Assistant Secretary of Defense during the Reagan administration, and founder of the Center for Security Policy.
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Gaffney: Yes, they can impose Sharia Law
What makes the Shariah-Compliant Finance gambit both a big and troublesome "deal" is that, unlike these other religious traditions, Shariah's adherents are pursuing a global theocracy. They believe they must impose their agenda on everybody else, religious and secular alike, using violence if necessary. And SCF is explicitly described by leading practitioners as a complement to violent holy war: "financial jihad" and "jihad with money."
Again, a jacked up argument trying to make me choose between a real or imaginary threat.
Run, Panda, run..... you can only find protection with the fascists.
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She's sooooo evil!!
