Friday, August 27, 2010
Believe it or not, the proposed Ground Zero Mosque may actually qualify for public financing.
According to New York City Comptroller John Liu, the Ground Zero Mosque not only could qualify be he's willing to consider approving a public subsidy.
Liu's spokeshole Scott Seiber said "If it turns out to be financially feasible and if they can demonstrate an ability to pay off the bonds and comply with the laws concerning tax-exempt financing, we'd certainly consider it."
Imam Rauf and his people hope to obtain a total of $70 million in tax-exempt debt towards the construction costs to build the mosque. The city's Tax laws would allow the funding if Imam Rauf and his supporters can prove the mosque will benefit the general public (!) and their religious activities will have separate funding.
Strange times we live in.Strange, suicidal times.