Posted on 11/10/2008 7:35:24 AM PST by Candybar
SCF Is Coming To Town
You better watch out, You better not cry, You better not pout, I'm telling you why, SCF is coming to town.
They (Islamicists) know when we are sleeping, They know when we're awake! They know how to pull the wool, So close your eyes for their sake!
Yes, Shariah Compliant Finance is not only coming to the USA. It is already here!
But what is it? The U. S. Treasury knows. Wall St. knows. But do the American people know? Would the American people approve?
Well, stay tuned and you'll learn all about it.
The DOLLAR be praised!
? I have an idea, but....
Its been around for a decade in America
“Guidance” is a group that does it.
I know several people who have shariah compliant home loans that have managed to weather this storm much much better then those who bought their homes with ARMs
Do a bit of research on it. It actually makes quite a bit of sense
It’s nothing terribly sinister. In order to make loans Shariah compliant, lenders and borrowers have to jump through a few extra hoops to make it look like no interest is actually paid. The interest is disguised as rent and fees, but the whole thing is kind of a sham.
I know Citibank offers these types of programs. Of course, given the extra administrative costs, a borrower in a Shariah-compliant loan ends up paying a higher interest rate, if you crunch the numbers. An non-Muslim could take one of these loans if they wanted to, I suppose, but that would be a foolish move on their part.
Obama Wins, Economy’s Doomed:
Peter Schiff, president of Euro Pacific Capital and author of ‘The Little Book of Bull Moves in Bear Markets,’ says a big-government Obama administration will lead to an economic collapse on par with the Great Depression.
Sun 11/09/08 04:59 AM EST — Gregg Greenberg
Check the video linked below to really make your day, week, month, year, decade:
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