What Goes Around Comes Around, Baby

Well, this looks friendly!

The VATICAN!!! … of all places, my goodness … is stumping for Islamic finance?! I mean, I know some people are just plain slow, but WOW guys! come on! It took you 1400 years to get the drift? I’m all for taking time to exact proper due diligence, to make sure you know what you’re getting into but really … a millennia-and-a-half?

Oh wait never mind you were probably waiting for the ghost of Pope Urban II to cool his jets about this decision, I mean, DUH! you need money to start yet another [ill-advised] joyride into lands yonder to the East.

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Vatican promotes Islamic finance in face of global crisis

Vatican says Western banks should look at rules of Islamic finance to restore confidence amongst clients.

ROME - The Vatican said banks should look at the rules of Islamic finance to restore confidence amongst their clients during the current global economic crisis.”The ethical principles on which Islamic finance is based may bring banks closer to their clients and to the true spirit which should mark every financial service”, the Vatican’s official newspaper Osservatore Romano said in an article in its latest issue.

The article argues that Western banks could use tools such as the Islamic bonds, known as sukuk, as collateral.

Sukuk may be used to fund the “car industry or the next Olympic Games in London”, it said.

The article also said that profit share, gained from sukuk, may be an alternative to the interest, underlining that the sukuk system could help automotive sector and support investments in infrastructure area.

Using the Islamic sukuk system, money would be invested in concrete projects and profit share – instead of interest earned – is distributed to clients.

The Osservatore’s editor, Giovanni Maria Vian, said that “the great religions have always had a common attention to the human dimension of the economy,” Corriere della Sera reported.

 

 

[source]

(Hat tip to Pact for the link)

…

sing it baby!

Hey girl, is he everything you wanted in a man?
You know I gave you the world
You had me in the palm of your hand
So why your love went away
I just can’t seem to understand
Thought it was me and you babe
Me and you until the end
But I guess I was wrongDon’t want to think about it
Don’t want to talk about it
I’m just so sick about it
Can’t believe it’s ending this way
Just so confused about it
Feeling the blues about it
I just can’t do without ya
Tell me is this fair?

Is this the way it’s really going down?
Is this how we say goodbye?
Should’ve known better when you came around
That you were gonna make me cry
It’s breaking my heart to watch you run around
‘Cause I know that you’re living a lie
That’s okay baby ’cause in time you will find…

What goes around, goes around, goes around
Comes all the way back around
What goes around, goes around, goes around
Comes all the way back around
What goes around, goes around, goes around
Comes all the way back around
What goes around, goes around, goes around
Comes all the way back around

 

 

Filed under: Current Affairs, Riposte

JetBlue helps with your economic blues …

This one nearly had me in stitches and was too much to pass up.

Thrift airline JetBlue recently launched a new ad campaign which is cheekily targeted at all the formerly high-flying corporate fat cats in the finance and business worlds who are either out of a job or on reduced pay due to economic stress.

From their website:

Welcome Aboard!

We understand it’s not easy being a high flyer these days. The CFO is picking apart your expense reports. Congress is mad about your bonus. And you can’t even hop on a private jet to the Cayman Islands without freaking out the shareholders.

But even this economic cloud has a silver lining… actually more of a bluish lining. Because now you get to try JetBlue.

Jetting on JetBlue is a lot like on your private jet with a few basic differences. Let us walk you through the features.

The Best Seat in Coach

JetBlue gives you more legroom in coach than any other U.S. airline¹. And all our seats are leather, just like you’re used to. In fact, because our seats don’t come with a whole bunch of media scrutiny and public outcry, we think they’re actually more comfortable than a private jet. Take a tour of our aircraft

Dozens of Alternatives to Cable Business News

Every seat on JetBlue has 36 channels of free DIRECTV^®2. That’s lots of channels of glorious live entertainment and a few business news channels that can be complete bummers. But fret not. Nobody will blame you if you just want to watch kittens on Animal Planet. Browse our channel line-up

All the Free Snacks You Can Eat

On JetBlue, we give you unlimited snacks and sodas for free. We want to repeat that.  FREE.  Our blue potato chips are not a government bailout and there are no strings attached. See a menu of our free snacks

Jetting to the Business Capitals of the World

JetBlue offers service to many of the places where you need to conduct business. Places like Bermuda, The Bahamas, St. Maarten, Aruba and West Palm Beach. And if the Board forces you to go places like Boston, New York or Los Angeles, we can do that too. Peruse our route map

Fares That Won’t Give the CFO a Conniption

JetBlue’s fares start at very low prices. Let’s just say, they’re way, way, way less than the $5300 an hour you used to pay for your private jet. Now, in exchange for these shareholder-friendly prices, you’ll have to share the plane with strangers. Just think of it as jetpooling, only we find the other people for you. Check out our latest deals

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AAHAHHAHAHAHAHAHAHAAAAA!!!! KISS IT, LOSERS!

See the ad here.

Filed under: Uncategorized