maxkeiser
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Sat Apr-04-09 08:01 AM
Original message |
Max Keiser suggests US and UK consider Islamic Sharia law as means to fix global financial crisis |
ayeshahaqqiqa
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Sat Apr-04-09 08:07 AM
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1. actually, in earlier times, Christians also had laws against |
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usury. So the idea that bankers shouldn't get rich off borrowing money, that it should be an act of charity and goodwill, is not something that originated with Islam.
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Honeycombe8
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Sat Apr-04-09 09:19 AM
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2. Well, I listened for several minutes. The sharia discussion must be at the end. A pity. |
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I don't have time to re-hear the same old discussions before getting to the subject of your post.
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maxkeiser
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Sat Apr-04-09 09:33 AM
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3. comments are in part 2, sorry |
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Hi, yea, the comments re: sharia law are in part 2... i should have posted part 2, with a link to part 1.. will do that next time
maxkeiser.com
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Karenina
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Sat Apr-04-09 01:25 PM
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5. I loved the l-o-n-g pause |
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when the host threw the suggestion to the other panelists. I'm sure it must have been the satellite delay! :spray: :rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl:
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sakabatou
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Sat Apr-04-09 10:31 AM
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4. Sharia law? Is he mad? |
burning rain
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Sat Apr-04-09 04:34 PM
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6. Shariah financing doesn't seem like the worst thing in the world to me;.... |
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Edited on Sat Apr-04-09 04:36 PM by burning rain
it technically avoids interest, but replaces it with one or another legal fiction: all the same, the borrower ends up paying back the lender more than he got in the first place, so the lender does make his profit. It's one sort of a contract instead of another, and as long as it doesn't demand religious duties and isn't offered to Muslims only, I don't see any reason to object.
Absolutely, though, I do favor holding the line against other aspects of shariah. The separation of church and state had damn well better be accompanied by separation of mosque and state.
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JCMach1
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Mon Apr-06-09 01:18 PM
Response to Reply #4 |
8. Shariah finance is rather different... for example, I have a VISA card with 0% |
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interest FOREVER...
Ummmm and you don't have to be Muslim to use it.
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Karenina
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Mon Apr-06-09 03:01 PM
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Like quite a bit more ethical? Hmmm???
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JCMach1
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Wed Apr-08-09 12:54 AM
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10. Exactly, there is the ethical component... that's what Max |
Jim Sagle
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Sat Apr-04-09 07:44 PM
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