Max Keiser suggests US and UK consider Islamic Sharia law as means to fix global financial crisis

[maxkeiser]

Run time: 13:27 https://www.youtube.com/watch?v=SGnaPaJOZSM   Posted on YouTube: April 03, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: April 04, 2009 By DU Member: maxkeiser Views on DU: 1216

 
here's part 2
...where the Sharia Law discussion takes place

http://www.youtube.com/watch?v=SGnaPaJOZSM&eurl=http%3A%2F%2Fkarmabanqueradio.com%2F&feature=player_embedded

[ayeshahaqqiqa]

1. actually, in earlier times, Christians also had laws against

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.

[Honeycombe8]

2. Well, I listened for several minutes. The sharia discussion must be at the end. A pity.

I don't have time to re-hear the same old discussions before getting to the subject of your post.

[maxkeiser]

3. comments are in part 2, sorry

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

[Karenina]

5. I loved the l-o-n-g pause

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:

[sakabatou]

4. Sharia law? Is he mad?

[burning rain]

6. Shariah financing doesn't seem like the worst thing in the world to me;....

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.

[JCMach1]

8. Shariah finance is rather different... for example, I have a VISA card with 0%

interest FOREVER...

Ummmm and you don't have to be Muslim to use it.

[Karenina]

9. Rather different.

Like quite a bit more ethical? Hmmm???

[JCMach1]

10. Exactly, there is the ethical component... that's what Max

is talking about...

[Jim Sagle]

7. Fuckin' nutball.