Conservatives are divided into different and often competing factions, including social conservatives who are driven by their Christian fundamentalist values, and Wall Street conservatives who are driven by the profit motive. It’s not difficult to see how the twain meet, though; the corporatists of Wall Street use their economic power to co-opt the religious right, “buying” them to do much of the heavy lifting for their corporate aims. Sometimes money can simply buy any angry conservative by persuading them that everything afflicting them is the fault of the left or some “other” — see the example of the Koch Brothers and the Tea Party.

But in the case of the recent ramp-up of fear by the right wing against Islamic sharia law, it’s difficult to see any involvement of the monied corporatists. There doesn’t seem to be any rationale for them to get involved.

Or is there? Perhaps the problem is that most Americans are not familiar enough with Islam’s tenets to see there is a threat to American corporatists’ current business model; it’s enough of a threat that they just might spend money making donations to religious groups asking them to ratchet up the fear factor against all things Muslim including sharia law.

You see, under sharia, interest on loans has been forbidden; as the report here by al Jazeera explains, profit is made on trade or sales, not on the loan of money itself.

Just imagine what applying this kind of law to our American banking system would do to the banksters which cannot foreclose fast enough, using foreclosure fraud on already fraudulent subprime loans.

Would you like to break Islamic law by gambling and bet that corporatists are more worried about this possibility than the Christian fundamentalists are about sharia?



Blogger since 2002, political activist since 2003, FDL community member since 2005, geek since birth.

Fan of science and technology, wannabe artist, decent cook, successful troublemaker and purveyor of challenging memetics whose genetics may be only nominally better.

Assistant Editor at Firedoglake and Editor at The Seminal.