minnesota offering muslims "interest free mortgages".....lol

[BobbyBlueChip]

http://minnesota.publicradio.org/display/web/2009/02/28/islamicfinancing/?refid=0



""To help close the home ownership gap among Muslim immigrants, the state's housing agency is launching a new program offering Islamic mortgages.""..

let me see if i understand this.,,the state agency is launching a program of interest free mortgage loans for muslims in minnesota?...

that's insanity....first, "everybody" sells their house at a higher price than they paid unless they`re insane.......i would assume these loans are funded by taxpayers, either at the state level, or through a federal program the housing agency is participating in....

so taxpayers who are NOT eligible for these loans are funding them, while struggling with their own, non-interest free, mortgages?...

preferential treatment for one group, based on religion?... oh well...so much for separation of church and state...

everyone involved in this should be in prison....


a long 4 years...maybe 8?....oh boy!!....

Just so you can read your original post again :mj07:

 

[gardenweasel]

"or when you see the word muslim does everything just go dark?"

I think you answered my question.

/going to bed contemplating the difference between interest and "extra muslim value" on house

the old"racist" meme?.....what hubris...:142smilie

tough day sipping wine with the other snotty, hyde park leftists,wubby?.....

i know,i know....if only comrade bock could dispose of conservative knuckle draggers , all will be well.....

/lol...i love wubby...:mj06:

 

[marine]

BBC - I'm pointing out that the math IS that hard in this situation.

Right or wrong, I don't care. I just can't fathom how the pricing for this could possibly work in a fair/equal manner.