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To: ChildOfThe60s
I don't care. We have a government/business alliance practicing special targeted treatment of a religious group.

Anyone can take these loans, if they want. Most people have no interest in doing so as there are several disadvantages to structuring a mortgage this way (you don't get interest deductions on your taxes and the actual interest rate is higher than on a regular mortgage)

Where is the ACLU and their usual church/state whining??

This has nothing to do with the 1st Amendment nor the separation of church and state.

56 posted on 08/05/2005 12:17:07 PM PDT by Modernman ("A conservative government is an organized hypocrisy." -Disraeli)
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To: Modernman

so you're saying there is nothing different about thi
s loan instrument, it's just being marketed to muslims on the basis of there technically being no interest involved?
IOW, this particular practice would have a special appeal on that basis, but it is not designed for them specifically?

Fine, I have no problem with that.

It's kind of goofy from their POV because anyway you cut it, money costs money (i.e. interest). Just dressing it differently.


79 posted on 08/05/2005 3:24:09 PM PDT by ChildOfThe60s (If you can remember the 60s......you weren't really there.)
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