The nationalized AIG Commercial Insurance, via its RSC company, is introducing what it says is a first in the U.S.: a homeowner's insurance product that is compliant with key Islamic finance tenets. Shariah (Islamic) finance adheres to shariah (Islamic) law, which countermands the rule of law in this country. Shariah abrogates the Constitution. This is subversion and is legally actionable. But what if the judge in a case such as that is a practicing Muslim?
Tim Geithner is in direct violation of the federal anti-money laundering statutes.
And now the US government is trying to cover up Geithner's blatantly illegal activity by barring Geithner's deposition?
GC Baxter and Geithner both testified last Wednesday that they did not put the screws down on the AIG counterparties, because it would have been unethical and illegal to do so. But how in the world did they come to the conclusion that they could illegally acquire 80% of AIG when the FRBNY had already (and legally) acquired 100% of AIG’s assets as secured collateral? It was a pure power grab to wrest total and absolute control—and one for which they all knew they had no legal authority to do straight up, which is why they used the Trust artifice.
US Urges Judge to Bar Geithner Deposition in AIG Sharia Lawsuit
Coincidentally, the judge is an Arab American Muslim. Backstories on the AIG – sharia lawsuit here.
From ABC News via the AP, who seem to be almost defending AIG and Islam in this article – US Urges Judge to Bar Geithner Role in AIG Lawsuit:
The federal government is opposing a Michigan man’s request to take the deposition of Treasury Secretary Timothy Geithner in a lawsuit that challenges the bailout of American International Group Inc.
A lawsuit was filed in 2008 on religious grounds, claiming the government should not have bailed out AIG because the insurance giant sold financial products specifically tailored to Islamic principles.
It’s tailored alright. Tailored to comply with Islamic sharia law.
The plaintiff, Kevin Murray of Ypsilanti, is being represented by an Ann Arbor firm that takes cases on behalf of Christian causes.
Nevermind that this is a Constitutional issue.
In a court filing last week, government attorneys called the deposition a “fishing expedition,” and said there are no extraordinary circumstances that would require Murray’s lawyers to interview Geithner for three hours.
“High-level government officials would be paralyzed from carrying out their extensive duties if they were subject to deposition in every civil action against their agency,” the Justice Department said.
The government said there are limits to unwinding the decision-making process of the executive branch. Read more
