A piece in the American Thinker wonders how tax-exempt bond financing for the ground zero mosque-swimming pool is going to be squared with the Islamic legal prohibition against interest. There are ways around it. Maybe a tax-exempt municipal Islamic bond?
Even so, it's got to be galling for those people out there trying to raise or borrow money without being able to offer tax-exempt interest to see a collection of characters like those putting together the ground zero mosque-swimming pool considered for tax-free financing.
