The nationalization of AIG is not just bankrupting the country by throwing billions of our dollars at AIG's toxic assets. The nationalization of AIG is forcing the American taxpayer to support a very different kind of toxic asset. I refer to AIG's promotion of Sharia (Islamic law) in its Takaful division, the Sharia-compliant insurance sector of AIG. Since we the people own 80 percent of AIG, we the people now promote Sharia, too.
Don't believe me? Takaful insurance, our very own AIG Takaful Web site explains, "avoids prohibited elements in accordance with the Sharia law," adding: "We do not invest in anything that is haram (prohibited under Sharia). We do not borrow, lend or enter into any financial transaction that is unIslamic."
At the very least — aside from promoting from the law of the Koran, Osama bin Laden, the Taliban, the mullahs of Iran, the clerics of Saudi Arabia (not to mention Afghanistan, whose Sharia-supreme "justice" system recently upheld a journalist's 20-year prison sentence for "blasphemy") — taxpayer support for AIG is by definition sectarian and therefore in violation of the Establishment Clause of the Constitution.
It is on these grounds — that the American taxpayer is now directly funding sectarian Islamic religious activities — that a lawsuit, conducted by the Thomas More Law Center, has been filed against the government. Recently, the Justice Department, another U.S. taxpayer-funded entity last time I checked, entered the case to defend the AIG bailout, filing a motion to dismiss, the Thomas More Law Center notes, based on this being a time of "crisis."