Tuesday, December 30, 2008

Our tax dollars hard at work

Earlier this month, as the New York-based insurance giant benefited from $153 billion in tax-supported bailout funds, it launched a business unit offering Shariah-compliant insurance products in the U.S. [...] To fully comply with Shariah code, AIG has hired a "Shariah Supervisory Board" composed of "Shariah scholars." [...] The Treasury Department co-sponsored a seminar in November titled "Islamic Financing 101" to promote Shariah financing to corporate America. Great, just great. Let's ululate. And dole out another $100 billion to AIG.

2 comments:

Arelcao Akleos said...

Hasn't Le Pew has already invested heavily in the Dhimmi Bond? Now he can go Full Shariah.

Tecumseh said...

Welcome back, AA. Good to see you went down the blog and read things.