I missed this story when it first came out but was extremely pleased to find it while flipping through a Time magazine tonight. As faithful readers are aware, Cornucopia, The Horn of Plenty has long been both suspicious of and hostile to those unsavory characters known popularly as the "prosperity preachers." The idea that a shady, manipulative preacher can build gold houses, fly a private jet, and by some quirk of the system still qualify for a tax-exempt status strikes me as odd. Now I realize that there's actually a pretty good reason that it seems odd: it's probably illegal.
As of now, Republican Iowa Senator Charles Grassley, ranking member of the Senate Committee on Finance, has simply sent out some courteous little letters requesting tax and real estate records. But as the article in Time states, "the Senator has mused that the replies could lead to testimony under oath."
I have never been more proud of Senator Grassley than I am right now. Grassley explains himself below.
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