Here is the link?
Glenn, I'm just in disbelief at the new ways our so-called enlightened media can insist that our country join the 7th century.
Is anyone seeing a bigger picture in this article than the typical "amerikkka sucks, any other backwater'll do" mentality?
Or is something just being taken out of context?
I mean, you're talking to the Constitution-only mandated, voted for Dr. No in the caucuses (yes, I'm from there!), most non-Keynesian and most Austrian economics-believing person ...
So do we need economics lessons from a system of governance that would prefer dominance over the likes of Americans?
What I don't understand is how the bank doesn't believe in using compound interest in transactions (per page 1 of the article), yet is federally insured in a country that is sold out to the concept of compound interest.
And I'll take my leave after posting this quote near the end of the article...and doing so with indignation--
Sharia banking is an idea "that is long overdue in this country," said Amal Berry-Brown, vice president at Comerica, a Dallas regional bank that has talked with Ranzini. "At the same time, there really is quite a bit of work to be done."