I was reading this Associated Press news article:
http://www.google.com/hostednews/ap/article/ALeqM5gpGQMt6LBG2r4b05dlRDSGHCdAsAD9BE12S00
So how is the Catholic Diocese of Wilmington able to file for federal bankruptcy protection?
Since houses of worship are tax-exempt, I thought they would also be exempt from many of the rules of business law due to the First Amendment…
It sure has me puzzled, too. Since they receive so much and pay nothing for it, how could they be like a Wall Street firm? Awarding huge bonuses to youth music ministers?
Ironically, there is a huge church along Capitol Street here in Jackson with a big sign "For Sale By Owner". Don’t the Christians call it "the house of god"?
Nathan, if you could spell "lose", I may begin to take you seriously.
